In 2013, US Powerball announced that it had a goal: to reach a $1 billion jackpot by 2022. The lottery has since passed the half a billion mark on four different occasions, and fans and players eagerly anticipated the grand rollover that would knock the others out of the top spots. As luck would have it, they only had to wait three years, not nine, to see their billion-dollar dreams come true. On 13 January 2016, the world's three luckiest ticket holders -- in Tennessee, California, and Florida -- shared the biggest jackpot ever in lottery history: $1.58 billion!
The advertised estimated jackpot represents the total payments that would be paid to jackpot winner(s) should they accept the annuity option. This estimate is based on the funds accumulated in the jackpot pool rolled over from prior drawings, expected sales for the next drawing, and market interest rates for the securities that would be used to fund the annuity. The estimated jackpot usually is 32.5% of the (non-Power Play) revenue of each base ($1) play, submitted by game members to accumulate into a prize pool to fund the jackpot. If the jackpot is not won in a particular drawing, the prize pool carries over to the next drawing, accumulating until there is a jackpot winner. This prize pool is the cash that is paid to a jackpot winner if they choose cash. If the winner chooses the annuity, current market rates are used to calculate the graduated payment schedule and the initial installment is paid. The remaining funds in the prize pool are invested to generate the income required to fund the remaining installments. If there are multiple jackpot winners for a drawing, the jackpot prize pool is divided equally for all such plays.
It’s a new week and which means there are plenty of lottery results from all over the world for us to look at. The weekend was filled with quite a few sizeable jackpots and its good news for online lottery players as the EuroMillions Superdraw has just been announced! This will once again give euro lotto enthusiasts the opportunity to play in this legendary draw set for the September 21. As usual, there will be a magnificent €130 million up for grabs – so make sure you play the lottery online right here at PlayEuroMillions.com!
The US Powerball lottery features nine prize divisions; players need five winning numbers from a drum of 1-69 and the Powerball to win the jackpot prize. The Powerball is an additional number, chosen from a separate drum of 1-26. Matching the Powerball will also give you access to the 3rd, 5th, 7th, 8th, and 9th prize categories, which means that even if you match only the Powerball number, you still get a prize. Even without a Powerball match, correctly guessing five main numbers would net you a $1 million prize, or $2 million if you use the Power Play! The Power Play is offered by the US Powerball for an additional cost and multiplies the seven bottom prize divisions by 2 to 10 times! Check more lottery results online with theLotter!
Migrants are allowed to immigrate to Denmark under a renewable 3 years Danish Green Card for the purpose of finding work. Note, this is not a lottery, but eligibility is determined by qualifications only. If you meet the eligibility Evaluation criteria, you can file your application with the Danish Government and receive your Danish Green Card. A Danish Green Card allows you to live and work in any EU country of choice for three years. This is an excellent opportunity for any professional looking for a career and life in the EU, since many EU countries companies are facing shortages in qualified employees.
For a monthly fee, PlayEuroLotto syndicate betting can boost your chances of winning a serious lottery prize dramatically. In a syndicate betting, lottery players pool their lines for a draw and agree to share any prizes won. If any of those lines wins, then you get to share in the prize money. The more shares you bet with, the larger the share of the prize money you win. Acording to the UK National Lottery, 1 in 4 jackpots is won by a syndicate.
The New Jersey Lottery, among others, in early 2009 announced it would seek permission to sell Powerball tickets alongside Mega Millions. In October 2009, an agreement between Mega Millions and MUSL allowed all U.S. lotteries, including New Jersey's, to offer both games. On January 31, 2010, Mega Millions expanded to include the 23 MUSL members; as of that date, 35 jurisdictions were participating in Mega Millions. On the same day, 10 existing Mega Millions-participating lotteries began selling Powerball tickets. Ohio joined Powerball on April 16, 2010. On March 1, 2010, Montana became the first MUSL member to add Mega Millions after the cross-sell expansion. Nebraska became the 37th Mega Millions participating member on March 20, 2010, followed by Oregon as the 38th member on March 28, Arizona as the 39th member on April 18, and Maine as 40th Mega Millions participant on May 9, 2010. Colorado and South Dakota added Mega Millions on May 16, 2010, bringing the total to 42 jurisdictions.
^ Jump up to: a b Prizes are uniform in all Mega Millions jurisdictions, with the exception of California (where all prizes, including the jackpot, are pari-mutuel; payouts are based on sales and the number of winners of each prize tier.) All other Mega Millions members' second through ninth prizes are set amounts, although in rare cases they can be reduced.
Another study looked at winners. In 2015, the Maine Department of Health and Human Services analyzed data from the Bureau of Alcohol and Beverage and Lottery Operations on individuals who won money in the state lottery. Some 4,865 winning tickets of $1,000 or more were cashed in by 3,685 individuals receiving state benefits over the previous five years, reaching $22 million in lottery jackpots of various sizes. So — unless they were an unusually lucky group of people — they likely spent far more than any other group on tickets.
Through 2008, Powerball drawings usually were held at Screenscape Studios in West Des Moines, Iowa. The drawings' host was longtime Iowa radio personality Mike Pace, who had hosted MUSL drawings since Lotto America began in 1988. In 1996, Powerball went "on the road" for the first time, holding five remote drawings at the Summer Olympics in Atlanta. A few weeks later, Georgia became the only jurisdiction to leave Powerball (Maine, which joined MUSL in 1990, left when Powerball began). In August 1996, Georgia joined the then-new The Big Game, then the other major U.S. lottery group. It planned to sell tickets for both games for the rest of 1996; but within days Georgia was removed from MUSL, not to return until the 2010 cross-sell expansion.
Every jurisdiction has its own law on winners remaining anonymous. Some jurisdictions are required by law to provide the winner's name, city of residence, game won and prize amount to any third party that requests the information. Other jurisdictions allow winners to create trusts to shield their names from the public, or otherwise claim prizes anonymously. Check with your lottery to see if taking a photo of the winner is required and what its rules are on prize claims. Even if you keep your identity secret from the media and the public, you will have to be known to the lottery so officials can confirm you are eligible to play and win, as well as other legal requirements.
Unclaimed prizes are kept by the lottery jurisdiction. If a Grand Prize goes unclaimed, the money must be returned to all lotteries in proportion to their sales for the draw run. The lotteries then distribute the money, based on their own jurisdiction's laws, to other lottery games or to their jurisdiction's general fund, or otherwise as required by law.
Did the USA Mega Millions draw slip your mind? Giant Lottos has your back! Soon after the draw and the results have been posted you’ll receive a notification email, and any winnings will be paid directly into your Giant Lotto account. And if you’re lucky enough to hit that big Mega Millions jackpot your account manager will contact you personally to give you the good news!
When the Powerball jackpot is won, the next jackpot is guaranteed to be $40 million (annuity). If a jackpot is not won, the minimum rollover is $10 million. The cash in the jackpot pool is guaranteed to be the current value of the annuity. If revenue from ticket sales falls below expectations, game members must contribute additional funds to the jackpot pool to cover the shortage; the most likely scenario where this can occur is if the jackpot is won in consecutive drawings.
In the aftermath of the attack on the World Trade Center on September 11, 2001, the legislature in Albany, fearing a monumental loss of revenue, passed legislation the following month, which was signed by Governor George Pataki, which included joining a multi-jurisdictional lottery game. Around the same time, for entirely different reasons, Ohio's governor also gave the green light to joining a multi-jurisdictional game. Both lotteries opted to join The Big Game, which, at the time, was offered in seven states. The added populations of the two new jurisdictions, in turn, led to a larger double matrix. The first machine continued to hold white 52 balls, while 16 gold balls were added in the second, meaning there were 52 numbers to pick from in both parts of each $1 game. On May 15, 2002, the game was renamed The Big Game Mega Millions; shortly after, it became just Mega Millions. Except for the 2010 cross-selling expansion, this was the only time The Big Game or Mega Millions simultaneously added more than one member.
Despite the uneasiness of many to begin with, I know of no disputes or complaints from people who have bought Powerball tickets online via the insurance model, won and not been paid. As you can imagine, this scenario would effectively close down their website as they rely solely on the trust factor. The insurance model means that you will not be buying “official” tickets, but what do you care if you get paid your millions at the end of the day!