Because the quoted jackpot amount is an annuity of 30 graduated annual payments, its cash value relative to the annuity fluctuates. The actual ratio depends on projected interest rates and other factors. MUSL starts with the cash value, built from a percentage of sales, and then calculates the advertised jackpot amount from that value, based on the average costs of the three best securities bids.[30]
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.
Even though some scratch cards costing as much as $50 in Texas and $30 in Massachusetts, state lotteries are exempt from Federal Trade Commission “truth in advertising laws” The Federal Communications Commission prohibits the broadcast of lottery advertisements, but has exemptions for lotteries “conducted by a state acting under the authority of state law. Hence, TV commercials like “The Possibilities are Endless.” (Lotteries raise over $70 billion a year, according to the North American Association of State and Provincial Lotteries. Profits from the Powerball are used to fund public projects approved by state legislatures.)

Jump up ^ "Mega Millions jackpot reaches record $500 million". Komo News. Sinclair Interactive Media. March 28, 2012. Retrieved September 4, 2013. The jackpot was originally announced at $476 million early Wednesday morning but rampant ticket sales boosted the estimated payout to the $500 million mark. Tuesday night's jackpot was $363 million, fed by weeks of drawings without a top winner. It has rolled 18 times since Marcia Adams of College Park won $72 million in the Jan. 24 drawing. A winner could get $19.2 million a year for 26 years or a single payment of $359 million. The previous record jackpot in the Mega Millions game was $390 million in 2007, split by two winners in New Jersey and Georgia.
On March 13, 2010, New Jersey became the first previous Mega Millions-only member (just before the cross-selling expansion) to produce a jackpot-winning Powerball ticket. It was worth over $211 million in annuity payments; it was sold in Morris Plains. On May 28, 2010, North Carolina became the first previous MUSL member (just before the cross-selling expansion) to produce a jackpot-winning Mega Millions ticket; that jackpot was $12 million (annuity).
On January 15, 2012, the price of each basic Powerball play doubled to $2, while PowerPlay games became $3; the minimum jackpot doubled to $40 million.[13] A non-jackpot play matching the five white balls won $1 million. The red balls decreased from 39 to 35.[14] The drawings were moved from Universal Studios Orlando to the Florida Lottery’s studios in Tallahassee. Sam Arlen served as host, with Alexa Fuentes substituting.
If you still have doubts as to whether you can buy lottery tickets online, check out the Iraqi national that won $6.4 million in the Oregon State lottery despite not being a) a citizen, b) a resident and c) having never set foot in Oregon (or even the US for that matter!). Click the link on the text to read more about this watershed moment in buying lottery tickets online and the unsuccessful steps taken by the local government to try and block this payment. Despite all the efforts, the lottery winner had acted completely legally and was entitled to his millions. 
The probability and odds can be taken into a mathematical perspective: The probability of winning the jackpot (through October 27, 2017) was 1:(75C5) x (15); that is: 75 ways for the first white ball times 74 ways for the second times 73 for the third times 72 for the fourth times 71 for the last white ball divided by 5 x 4 x 3 x 2 x 1, or 5!, and this number is then multiplied by 15 (15 possible numbers for the "Megaball"). Therefore, (75 x 74 x 73 x 72 x 71)/ (5 x 4 x 3 x 2 x 1) x 15 = 258,890,850, which means any combination of five white balls plus the Megaball has a 1:258,890,850 chance of winning the jackpot. Similarly, the odds for second prize are 1:(75C5) x (15/14) = 1: 18,492,204 chance of winning. The overall probability of winning any prize was 1 in 14.7. If there are no jackpot winners for a specific drawing, the jackpot will keep increasing, however, the odds will still remain the same.
Powerball is an American lottery game offered by 44 states, the District of Columbia, Puerto Rico and the US Virgin Islands. It is coordinated by the Multi-State Lottery Association (MUSL), a nonprofit organization formed by an agreement with US lotteries. Powerball's minimum advertised jackpot is $40 million (annuity); Powerball's annuity is paid in 30 graduated installments or winners may choose a lump sum payment instead. One lump sum payment will be less than the total of the 30 annual payments because of the time value of money.
Giant Lottos offer Quick Pick, Manual, Syndicate and Bundle purchases on USA Mega Millions tickets. All you need to do is choose your preferred playing method, buy your USA Mega Millions tickets online, and our team will ensure your tickets are bought within the same hour. We at Giant Lottos  strive to make you a millionaire as quickly as possible!

The advertised Jackpot Prize is paid as an annuity of 30 payments over 29 years or, at the election of the winner, in a single lump sum payment of the cash value of the annuity prize (prize subject to State and Federal taxes). If the winner chooses the annuity, the annual payments will be increased each year by a percentage set out in the Lotto America Group Rules. Annuity payments are paid pursuant to Lotto America Group Rules and New Mexico State Law.
In addition, many people can wait years to get their Green Card. Right now, the shortest wait is about two years. Some people even have to wait twelve years. The Green Card Lottery is a way to skip ahead and avoid that wait. If you qualify, it means the U.S. government needs you in America to help diversify the population. And if you win, you could get your Green Card in a little over a year. Check your eligibility for free by clicking the button below and apply today.

USA Green Card Organization is a private entity and is not affiliated with the U.S. Government which allows you to register for free during the lottery open season. These are the benefits of using our service: you can register 365 days of the year, we guarantee you'll submit a qualified entry, you can apply in 7 different languages and each application and photo will be personally reviewed by our customer support representatives.
Win with theLotter and receive automated win notifications via email or SMS. Powerball prizes will go straight into your secure online account after the results are published and soon after the receipt of the prize from the official lottery operator. If you win a larger prize you will be invited to collect your prize in person in the US with a flight paid for by theLotter! All Powerball wins are subject to state and federal taxes. For more about taxes on US Powerball wins, please go to the US Powerball info page.
The original version of Lotto America (stylized as Lotto*America) was a $1-per-play, pick-7-of-40 game, rather than the pick-6 games that had become wildly popular in U.S. lotteries. Matching four numbers won a fixed prize of $5; matching at least five won a parimutuel prize. Matching all seven won the jackpot, whose odds were roughly 1 in 18 million, at the time the longest odds of a U.S. lottery game. The top prize was a 20-year annuity; there was never a cash option, even though a few games did offer one when L*A ended.

EuroMillions currently has a minimum jackpot of approximately €15 million and a maximum jackpot capped at €190 million, making EuroMillions by far the largest lottery prize in Europe. EuroMillions also has annual Superdraws several times a year, automatically boosting the jackpot to €100 million. To read more about these special jackpots, and for news on upcoming draws, see our EuroMillions Superdraw page!
As technology improves the rest of the world plays catch up. The technological revolution in the online lottery industry is very similar to that of online casino and online sports betting. The internet 2.0 the internet of things, has created the platform where players from all over the world can feel safe and secure in making payments, and more importantly, receiving the winnings from the lottery they decided to play.

America's two biggest lottery games, Mega Millions and Powerball, have combined jackpots of nearly $900 million in drawings this week. The jackpot in the next Powerball drawing, to be held Wednesday, Jan. 3, is an estimated $460 million. The next Mega Millions drawing, where the jackpot is an estimated $418 million, takes place Friday, Jan. 5. A surge in ticket sales could boost both jackpots.
On Jan 31, 2010, the date of the cross-sell expansion, Mega Millions and MUSL each added lotteries; eight Powerball members added Mega Millions by May. The Montana Lottery joined Mega Millions on March 1. Nebraska added Mega Millions on March 20; Oregon followed on March 28; Arizona joined Mega Millions on April 18; Maine added Mega Millions on May 9; Colorado and South Dakota joined Mega Millions on May 16. The U.S. Virgin Islands joined Mega Millions in Oct 2010.
The North American Association of State and Provincial Lotteries dispute the findings of these various studies. Lottery retailers are located in areas where people work, not just in low-income neighborhoods, along with grocery stores, the organization says. This is why you will find more lottery outlets in the center of a city, just as you would find more grocery stores and convenience stores, the NASPL adds. Since the New Hampshire lottery was founded in 1964, according to the NASPL, it says lotteries have raised more than $200 billion for government programs in North America.

The final 5/56 + 1/46 Mega Millions drawing was held on October 18, 2013; that night's jackpot of $37 million was not won. The first drawing under the revised 5/75 + 1/15 format—which saw the jackpot estimate "leap" to $55 million due to the change in the annuity structure—occurred on October 22, 2013. The minimum jackpot was then $15 million, with rollovers of at least $5 million. Second prize (5+0) became $1 million cash. In the revised format, players chose 5 of 75 white ball numbers, and the "Gold Ball" number out of 15.
The lottery never paid out, and it brought to light the prevalent issue of crookedness amongst the lotteries in the United States. The wave of anti-lottery protests finally broke through when, by 1860, all states had prohibited lotteries except Delaware, Missouri, and Kentucky. The scarcity of lotteries in the United States meant that tickets were shipped across the country and eventually led to the creation of illegal lotteries. In 1868, after years of illegal operation, the Louisiana Lottery Company obtained a 25-year charter for its state lottery system. The charter was passed by the Legislature due to immense bribing from a criminal syndicate in New York. The Louisiana Lottery Company was a derived 90% of its revenue from tickets sold across state borders. These continued issues of corruption led to the complete prohibition of lotteries in the United States by 1895. It was discovered that the promoters of the Louisiana Lottery Company had accrued immense sums of money from illegitimate sources and that the Legislature was riddled with bribery.

Hot numbers are the lottery numbers that appear the most, and US Powerball's all-time hot numbers are 26, 16, 41, 32, and 28. Cold numbers are the numbers that appear infrequently. Some lotto fans choose them specifically because of this, believing that their reappearance in US Powerball results is only a matter of time, while others stay clear. The US Powerball lottery all-time cold numbers are 60, 65, 67, 68, and 66. We update Powerball’s hot and cold numbers listings every year to help you make your number selection.
Before the agreement, the only places that sold both Mega Millions and Powerball tickets were retailers straddling a border; one retailer on the Sharon, Pennsylvania/Masury, Ohio border sold both Mega Millions (via the Ohio Lottery) and Powerball (Pennsylvania) before the agreement and continued to be the only retailer to sell tickets for both lotteries.[12]
A Powerball jackpot winner may choose to receive their prize in 30 payments over 29 years or a lump-sum payment. The cash value option, in general, is the amount of money required to be in the jackpot prize pool, on the day of the drawing, to fund the estimated jackpot annuity prize. The advertised jackpot annuity and cash value are estimates until ticket sales are final, and for the annuity, until the Multi-State Lottery Association takes bids on the purchase of securities. 

Gambling as a generalization has roots in the United States and other English colonies as far back as the 1600s. Not every colony allowed gambling, however. The Massachusetts Bay Colony, for example, did not allow cards, dice or gaming tables, even in private residences. In most colonies however, gambling was seen as a harmless distraction as long as it was played in a gentlemanly manner.
Other winners in excess of $250 million: On December 25, 2002, Jack Whittaker, president of a construction firm in Putnam County, West Virginia, won $314.9 million ($428 million today), then a new record for a single ticket in an American lottery. Whittaker chose the cash option of $170 million, receiving approximately $83 million after West Virginia and Federal withholdings.[35]
Giant Lottos offer Quick Pick, Manual, Syndicate and Bundle purchases on USA Mega Millions tickets. All you need to do is choose your preferred playing method, buy your USA Mega Millions tickets online, and our team will ensure your tickets are bought within the same hour. We at Giant Lottos  strive to make you a millionaire as quickly as possible!
PlayEuroLotto.com is licensed in the UK and in Curacao to provide lottery betting services. We uphold stringent data protection and security processes, we secure your prize money with industry-leading insurance cover, and we carry out thorough identity checks to prevent access by underage players and criminals. Everything we do is designed to safely deliver your fair chance of a life-changing win.<
US Powerball is without a doubt the biggest lottery game in the world! Powerball set a world record when it awarded a $1.58 billion jackpot prize in January 2016 to three lucky winners. Powerball came close to breaking that record when it awarded a $758.7 million jackpot in August 2017. Previous huge jackpots include the $590.5 million jackpot awarded in May 2013 and the $564.1 million prize awarded in February 2015. Play Powerball online right now for the chance to become the next big American lottery winner!
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.
State lotteries have become a significant source of revenue for states, raising $17.6 billion in profits for state budgets in the 2009 fiscal year (FY) with 11 states collecting more revenue from their state lottery than from their state corporate income tax during FY2009. Lottery policies within states can have conflicting goals. Given that instructions are passed down from state legislatures, lottery implementation is often expected to be carried out with reduced advertising and funding while still producing the same amount of revenue. This issue led states to look for loopholes in the system. Massachusetts, for example, had its advertising budget dramatically cut, and therefore started using free-play coupons as money to pay for advertising. This led to an IRS investigation into alleged non-reporting of income because the IRS considered the coupons to have monetary value.
With an impressive $40,000,000 starting jackpot, US Powerball offers the biggest starting jackpot of any world lottery, and its $1.58 billion personal best from January 2016 is the all-time lottery world record! Match all five main numbers and the Powerball and you could be celebrating a multi-million dollar win in America’s favourite lotto! When you play Powerball online, in addition to the jackpot you can win one of eight exciting secondary prizes including a second prize that starts at $1 million!
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!
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.
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