These lotteries offered the "Just the Jackpot" option upon the format change: Georgia, Hoosier Lottery, Kansas, Massachusetts, Nebraska, New Jersey, New Mexico, New York, Ohio, South Dakota, Texas, Virginia, Wisconsin, and Wyoming. Kentucky has since added "Just the Jackpot", with other lotteries potentially adding it. Not known is whether a second series of playslips would be printed for lotteries offering "Just the Jackpot" beginning after the October 28, 2017 format change.
The average chief executive of an S&P 500 company made $13.1 million per year in 2016 — equivalent to 347 times more money than the average worker, according to separate data released by Executive Pay Watch, a report conducted by the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO). “When adjusted for inflation, the average wage has remained stagnant for 50 years,” it found. Given this growing gap between the rich and poor in the U.S. the almost impossible odds of winning, Bernal describes $10, $30 and $50 scratch cards and lottery tickets a “Hail Mary investment strategy for the poor.”
Mega Millions players have the option to activate a multiplier, called Megaplier, in 45 of its 46 jurisdictions; it is functionally similar to Powerball's Power Play; except the latter cannot multiply second prize by 5. (Neither Megaplier nor Power Play are offered in California because its state penal code distinguishes between a "lottery" in which the bank cannot be "broken", and a "banked game" whose bank theoretically could be broken; only a "lottery" was authorized by the state Lottery Act.) By adding $1 to a basic Mega Millions game, to $3, a player has an opportunity to multiply any non-jackpot prize by 2, 3, 4, or 5. The Megaplier is drawn by the Texas Lottery (before the cross-sell expansion on January 31, 2010, it was the only lottery to offer Megaplier), which is drawn by a random number generator (RNG). The odds for each Megaplier possibility are not uniform.
To play Lotto America, pick five main numbers between 1 and 52 and one Star Ball from a separate pool of 1 to 10. You can choose your own numbers or ask for a Quick Pick. It costs $1 per line to play, while you can also add the All Star Bonus to your ticket for a small additional fee for the chance to increase any non-jackpot prize. Find out more about how to play Lotto America, and then just pick up a playslip from any participating retailer to take part.
Generally, Powerball players do not have to choose cash or annuity unless they win a jackpot (then they usually have 60 days to choose.) Exceptions include Florida and Missouri; the 60-day "clock" starts with the drawing, so a jackpot winner who wishes to take the cash option needs to make immediate plans to claim their prize. New Jersey and Texas require the cash/annuity choice to be made when playing; in New Jersey, an annuity ticket can be changed to cash after winning, while in Texas, the choice is binding (when the cash option was introduced in 1997, all Powerball players had to make the choice when playing. This regulation was phased out by 1999.) All Powerball prizes must be claimed within a period ranging from 90 days to a year, depending on where the ticket was bought.
Rules vary according to the applicable laws and regulations in the jurisdiction where the ticket is sold, and the winner's residence (e.g. if a New Jerseyan wins on a ticket bought near their workplace in Manhattan). Mega Millions winnings are exempt from state income tax in California; while Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington state, and Wyoming do not have an income tax. On the other hand, some residents of New York City and Yonkers, New York pay three levels of income tax, as these cities levy income taxes.
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• Even the one-time cash option, about $308 million, won't go entirely in your pocket. It is subject to federal, state and local taxes, these days a little less than half taken out — state and local tax rates vary — long before you can think of moving Bermuda or a similar tax haven. (The new tax law that went into effect this year does make the federal tax rate less, falling to 37% from the previous 39.6%.)
Changes to the Mega Millions game matrix were introduced, meaning the jackpots will likely get bigger more often, and players have a better chance of winning the second-tier prize of $1 million (without the Megaplier). Certain states can now take advantage of the Just the Jackpot feature, which allows players to buy a ticket ($3 for two lines) that gives them a chance of winning the jackpot if they match 5 + 1, but no prizes if they match anything less than that.
The January 4, 2011 Mega Millions drawing drew attention for its similarity to "The Numbers," a sequence of six numbers that served as a plot device of the ABC drama series Lost. One such usage involved character Hugo "Hurley" Reyes playing the sequence in a similar "Mega Lotto" game, winning a nine-figure jackpot and subsequently experiencing numerous misfortunes in his personal life. The first three numbers (4, 8, 15) and mega ball (42) in the Mega Millions drawing matched the first three numbers and the final number (which Hurley also used as the "mega ball" number) in the Lost sequence. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene. Those who played "The Numbers", including from quick-picks, won $150 ($118 in California) in a non-Megaplier game; $600 with the multiplier.
^ Jump up to: a b If more than one play wins the jackpot in a given drawing, the prize is divided equally among 5+1 plays. Winners have one year to collect a jackpot share; for other prizes, the deadline also is one year, except in California, where it is 180 days. Other than in and Texas (see below), a jackpot winner has 60 days from either the drawing, or in some jurisdictions, after claiming, to choose cash or annuity. The relative value of actual cash jackpot share fluctuates. Jackpots began at $15 million (disbursed in 30 graduated annual payments if the annuity is chosen); the corresponding cash value fluctuates depending on interest rates.
The US Powerball is a standard lottery draw game based and operated from the golden State of California. The US Powerball has been making millionaires and multi-millionaires since its first drawing way back in 1992. With over 25 years of experience in the lottery industry, the Powerball, along with many other State lotteries, has broken through the final glass ceiling and transformed itself from an interstate lottery into a truly international lottery of global reach.