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.
If you are a EuroMillions or Powerball player then you've likely experienced the frustration of never quite matching the winning numbers. EuroMillions was designed to pay out big jackpots but your chances of winning are extremely small. In contrast, the EuroJackpot lottery is designed to give more players the chance to win. Although the prizes are smaller than EuroMillions, jackpots are won far more frequently and you are nearly twice as likely to win betting with EuroJackpot!
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On May 18, 2013, the world's largest one-ticket jackpot, an annuity of approximately $590.5 million ($620 million today), was won by a Powerball ticket sold in Zephyrhills, Florida.[33] On June 5, Florida Lottery officials announced the winner: Gloria C. MacKenzie, 84, who purchased the "quick pick" ticket at a Publix supermarket.[34] MacKenzie chose the cash option of approximately $370.8 million, before Federal withholding; Florida does not have a state income tax.[34]
On Oct 4, 2015, the Powerball format changed again; the white-ball pool increased from 59 to 69 while the Powerball pool decreased from 35 to 26. While this improved the chance of winning any prize to 1 in 24, it also lengthened the jackpot odds to 1 in 292,201,338.[19] The 4+1 prize became $50,000; the 10x PowerPlay became available in drawings with a jackpot of under $150 million.[20] Three months later, the format produced a $1.5 billion jackpot, double the previous record, after 20 consecutive rollovers.[19][21]
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The annuity factor, or the cost to fund an annuity prize, is another key component. The annuity factor is made up of interest rates for securities purchased to fund prize payments. The higher the interest rates, the higher the advertised Grand Prize. You might not realize that an economic reality like interest rates impact even the Powerball jackpot, but they do!
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.
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.
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The structure of the draw is one which regular lottery players will be very familiar with; players must pick 5 regular numbers from a pool with a total of 69 numbers and in addition to these regular number picks, you also choose one bonus ball (known as the Powerball) from a pool of 26. These two pools of numbers are mutually exclusive and remain completely separate throughout the drawing procedure. In order to jackpot the US Powerball, you need to match all 5 regular numbers and the Powerball. Do this and you are instant Powerball millionaire – it’s as simple as that!
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