The minimum jackpot prize is a $15 million annuity disbursed in 30 payments over 29 years which is something many people would elect to do.The 30 annuity payments are not equal but based on an increasing rate schedule. For example, the first annual gross annuity payment on the base $15 million jackpot would be approximately $267,000 while the final payment would be approximately $834,000.
The American Powerball lottery makes use of two machines drawing two sets of numbers. In this way, it is similar to other lotteries like the Mega Millions and EuroMillions. Powerball players need to match five numbers from a possible 69 (these are the white numbers), and one number from a possible 26 (these are the red bonus ‘Powerballs’). If a player matches up all six numbers that have been drawn, they will win the jackpot. Second tier division winners have a $1 million prize to look forward to – one does not even need to match all six numbers in order to become a millionaire with the US Powerball game!
Georgia, Illinois, Kentucky and Michigan currently have official websites that sell entries to residents and funnel revenue to the state. The one caveat with these: You must have a valid address in the state you’re purchasing from, and you must be physically present there when you click to purchase. Lying about your location is a crime punishable by fines and jail time.
The Powerball jackpot was last won on 11 August 2018 when a single ticket purchased in Staten Island, New York, matched the winning numbers to claim the entire $245,600,000 ($147,844,558.62 cash) prize. The winner of the jackpot was identified as Nandlall Mangal, a 42-year-old Guyanese immigrant in the US who vowed to continue working even after the amazing Powerball win.
The US Powerball game, arguably one of the most popular and widely-played games in the United States, is a shared jackpot game which is co-ordinated by an NPO formed by an agreement between the various state lotteries. The US Powerball game has become renowned for its impressive $40 million starting jackpot, with the potential of yielding nine-figure jackpot wins.
Players who match five numbers from the first pool win $1 million; those matching four numbers from the first pool and the Gold Mega Ball number win $10,000; those matching four numbers from the first pool win $500; those matching three numbers from the first pool and the Gold Mega Ball win $200; those matching two numbers plus the Gold Mega Ball win $10; those matching one number and the Gold Mega Ball win $4; and those matching only the Gold Mega Ball win $2.
Never choose all odd or all even numbers. Such combinations (either all ‘odd’ numbers, or all ‘even’ numbers) make up only 3% of prizes won. Most winning Mega Millions tickets are notable for having three ‘odd’ and two ‘even’ numbers. Alternatively, you could choose three ‘even’ numbers and two ‘odd’ numbers, although your chances to win won’t be quite as good. The mega-ball number can be either an ‘even’ or an ‘odd’ number, and is not related in any way to your main (white) ball choices.
Mega Millions' second-largest jackpot, $648 million, was for the December 17, 2013 drawing. Two winning tickets, one each from California and Georgia, were sold. The holder of the Georgia ticket claimed the next morning; they selected the cash option, which amounted to $173,819,742.50 before withholdings. The holder of the California ticket claimed on January 3, 2014. (The California ticket holder received an equal share, but potentially a larger cash-option amount, as California lottery winnings are exempt from state income tax)." 
1:09 am – Mega Millions: There were no jackpot winners and no $1,000,000 winners in the Tuesday, October 2, 2018 Mega Millions drawing. For the complete rundown of winners in each of the other prize categories, a list of the California pari-mutuel prize amounts, the drawing video, and all other data about this drawing, see the Mega Millions Drawing Detail page.
In January 2012, Mega Millions' rival Powerball was altered; among the changes were a price increase of $1 for each play, as a result, a base game costs $2, or $3 with the Power Play option. At the time, there were no plans to change the price of a Mega Millions play, with or without the Megaplier (see below for the 2017 format change that includes the base price for a Mega Millions play to be raised to $2.) The price increase for playing Powerball was a major factor in Louisiana deciding to pursue joining Mega Millions, as that state's lottery joined Mega Millions on November 16, 2011.
Increased levels of lottery play have been linked with certain sections of the U.S. population — men, African-Americans, Native Americans, and those who live in disadvantaged neighborhoods, according to one 2011 study of over 5,000 people published in the Journal of Gambling Studies. (Susan Cartwright, a spokeswoman for Scientific Games SGMS, -6.54% which sells scratch cards, says a 2014 study by an independent research firm, Chadwick Martin Bailey, found that lottery players mirror the general public’s ethnicity, employment, and income.)
Yes! Mega Millions lottery tickets are offered for sale in 46 US states and territories. When you play Mega Millions online with theLotter from anywhere in the world, an official lottery ticket is bought locally on your behalf. A scan of your Mega Millions ticket will be available as part of theLotter’s See Your Ticket Service in time for the Tuesday or Friday night draw.
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. A non-jackpot play matching the five white balls won $1 million. The red balls decreased from 39 to 35. 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.
Powerball offers an optional multiplier known as the Power Play, which multiplies the seven bottom prize divisions by 2, 3, 4, 5 or 10 times, depending on the draw and jackpot size. Matching five main numbers and the Power Play still makes you a multi-millionaire by doubling Powerball’s second place prize to a staggering $2,000,000! To add the multiplier, simply check the Power Play box when you buy your Powerball tickets online.
Since the secondary prizes are defined in fixed amounts (except in California), if the liability for a given prize level exceed the funds in the prize pool for that level the amount of the prize may be reduced and the prize pool be distributed on a parimutuel basis and result in a prize lower than the fixed amounts given in the prize tables. Because the secondary prize pools are calculated independently, it is possible lower-tier prizes will differ among the game members.
12. WHAT IS THE HIGHEST LEVEL OF EDUCATION YOU HAVE ACHIEVED, AS OF TODAY? You must indicate which one of the following represents your own highest level of educational achievement: (1) Primary school only, (2) High school, no degree, (3) High school degree, (4) Vocational school, (5) Some university courses, (6) University degree, (7) Some graduate level courses, (8) Master degree, (9) Some doctorate level courses, and (10) Doctorate degree
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The odds of winning the Mega Millions jackpot are 1 in 302.6 million, making them the highest odds of any other state or multi-state lottery game ever played in the United States. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24.87.
Powerball pays out the largest lottery jackpots in the world. Simple as. The biggest of the bunch arrived in Jan 2016, when three ticket-holders shared a prize fund worth $ 1.58 Billion. For your chance to win a world-beating lotto prize, pick 5 from 69 plus the Powerball and bet on one of our Thursday or Sunday night draws. Highest ever jackpot: $ 1.586 Billion
Prizes must be claimed in the jurisdiction where the winning ticket was purchased. Players can generally claim a prize up to $600 at any licensed lottery retailer in the jurisdiction where they bought the ticket. Prizes over $600 can be claimed at some lottery offices, depending on the amount, and also at lottery headquarters. Please contact your lottery with any further questions.
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!