Lotto America was the first lottery game offered by MUSL. In 1987, six states and the District of Columbia banded together, since, on their own, they could not create jackpots into the tens of millions of dollars that had become commonplace in the most popular single-state lottery games. MUSL's first game was called "Lotto America" even though only those seven jurisdictions took part. The first Lotto America drawing was in 1988.
MUSL and its members accept all investment risk and are contractually obligated and liable to the winner to make all scheduled payments to annuity winners. If a jackpot ticket is not claimed, the funds in the prize pool are returned to members in proportion to the amount they contributed to the prize pool. The members have different rules regulating how unclaimed funds are used.
In the United States, lotteries are run by 47 jurisdictions: 44 states plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Lotteries are subject to the laws of and operated independently by each jurisdiction, and there is no national lottery organization. However, consortiums of state lotteries jointly organize games spanning larger geographical footprints, which in turn, carry larger jackpots. Two major lottery games, Mega Millions and Powerball, are both offered in nearly all jurisdictions that operate lotteries, and serve as de facto national lotteries.
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.
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.
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.<
These lottery results are for personal use only, and are intended solely for the individual Web visitor displaying the content inside a Web browser. Distribution, re-publication, or use in other Web sites in any manner, in full or in part, is strictly prohibited. The use of automated software or technology to glean content or data from this or any page at Lottery Post for any reason is strictly prohibited. Copyright © 2018 Lottery Post.
The two different methods, both offer you, the player, the same user experience and the only difference is in the back end of how the online lottery ticket provider works. The two methods that online lottery sites use differ in one key way; They either have agents and employees all over the world that physically purchase tickets on behalf of clients or, the more recent phenomenon is when companies essentially take out an insurance policy on every ticket which is tied to the size of the jackpot. This is the difference between you playing the lottery online and betting on the lottery online*. In the latter option you are, de facto, not playing the US Powerball online but rather you are placing a bet with an insurance company on the outcome of the corresponding Powerball draw.