Powerball lottery draws are held every Wednesday and Saturday at 22h59 Eastern Time and are broadcast live. The results of each lotto draw are not official until they are audited by an accounting firm. There are nine prize tiers on the Powerball Lottery, with approximate prizes ranging from $4 - $1,000,000. Players' tickets for the US Powerball are purchased by our ticket purchasing offices based in Connecticut, USA.
*a tip to know whether the website you are looking at actually buys lottery tickets online or follows the insurance model is to check the wording that they use. If you see the words “Play” then you can be confident it is a company that has agents and buys your tickets physically, if you see the words “Bet” you can be sure it is following the insurance model and you are placing a bet on the outcome of a lottery.
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.
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!
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).
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.
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.
These changes were made to increase the frequency of nine-figure jackpots; a Powerball spokesperson believed a $500 million jackpot was feasible (it became a reality within the year,) and that the 1st $1 billion jackpot in US history would occur by 2012 Less than three months after the Powerball changes, Mega Millions' jackpot reached $656,000,000 despite remaining a $1-per-play game. The random Power Play multiplier was retired for a set, fixed dollar amount payout. The $25 million rollover "cap" (creating larger 5+0 prizes) was eliminated.
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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.
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.
Unlike Hot Lotto, which used a random number generator during most of its run (including the December 2010 drawing whose jackpot was "won" by Eddie Tipton, a MUSL employee), Lotto America is drawn using physical ball machines and numbered balls. One machine draws the five main numbers while another is used to draw the "Star Ball". As of September 1, 2018, none of these drawings have been made available to the viewing public; these drawings are believed to be held in Tallahassee, Florida, even though Florida does not participate in the game.
The American Powerball,known as "Lotto America" made it debut way back in 1988, which makes it one of the oldest Lottery games around today. In 1992 they changed the name to the Powerball lottery, with the first official Powerball draw being held on April 19th, 1992. The game has grown and evolved over the years now totalling 44 States and various changes being applied to the ball and prize structure from the game back in 1988. These include a change in the annuity prize payments from 20 yearly payments to 30, and the addition of a cash option for the jackpot as the jackpot is massive averaging around $100 million.
Remember, the advertised Mega Millions jackpot is the annuity jackpot, which means it's the amount that you would receive if you were to opt for the money to be paid out over 29 annual payments (plus a one-off initial payment). For example, for an advertised jackpot of $200 million, the initial payment would be approximately $3 million, with future payments growing to as much as $12.4 million per annum. However, almost all jackpot winners take the cash option that is paid in one lump sum that, on average, is 60% of the advertised jackpot.
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.