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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
The conditions for Florida joining Powerball included a move of the live drawings from Iowa to Universal Studios in Orlando. The three hosts rotating announcing duties from Universal Studios were Tracy Wiu, Elizabeth Hart and Scott Adams (MUSL headquarters remained in Iowa, where its other draws are held). The wheel that was used to determine the Power Play multiplier was retired when the drawings moved to Florida; a random number generator (RNG) was used until the 2012 format change.
Under the current version's regulations (which began October 28, 2017 with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $40 million, paid in 30 graduated yearly installments, increasing 5 percent each year (unless the cash option is chosen; see below for differences by lotteries on cash/annuity choice regulations.) The jackpot increases when there is no top-prize winner (see below for information on how the Mega Millions jackpot is funded.) As of December 13, 2017, there has yet to be a jackpot winner under the current Mega Millions format, including wagers for the newly created Just the Jackpot option.
Elecia Battle made national headlines in January 2004 when she claimed that she had lost the winning ticket in the December 30, 2003 Mega Millions drawing. She then filed a lawsuit against the woman who had come forward with the ticket, Rebecca Jemison. Several days later, when confronted with contradictory evidence, she admitted that she had lied. Battle was charged with filing a false police report the following day. As a result of this false report, she was fined $1,000, ordered to perform 50 hours of community service, and required to compensate the police and courts for various costs incurred.
When a player wins the Lotto America jackpot, the winner may choose to receive the prize in annuity payments or may elect to take a lump-sum payment. A player has 60 days from the date they claim their prize to choose the "cash" option or the "annuity" option. If the player selects the "cash" option, the prize will be a single cash payment equal to the amount available to the lottery for the jackpot prize pool. The "cash" prize is estimated to be approximately one-half of the estimated jackpot, depending on current interest rates. If the player chooses an annuity, it will be paid in 30 payments over 29 years, and the annual payment will be increased by a rate as determined by lottery officials. If the cost to purchase the annuity is less than $250,000, the lottery may elect to pay the prize as "cash."
The acceptance of gambling in the colonies was fairly short-lived by English investors because it was seen as a sign of laziness and as a vice. The investors saw gambling as a root cause of the colonies’ inability to sustain themselves. Lotteries were used not only as a form of entertainment but as a source of revenue to help fund the colonies. The financiers of Jamestown, Virginia, for instance, funded lotteries to raise money to support their colony. These USA lotteries were quite sophisticated for the time period and even included instant winners. Not long after, each of the 13 original colonies established a lottery system to raise revenue. In early American history, legislators commonly authorized lotteries to fund schools, roads, bridges, and other public works. Evangelical reformers in the 1830s began denouncing lotteries on moral grounds and petitioned legislatures and constitutional conventions to ban them. Recurring lottery scandals and a general backlash against legislative corruption following the Panic of 1837 also contributed to anti-lottery sentiments. From 1844 to 1859 alone, 10 new state constitutions contained lottery bans. By 1890, lotteries were prohibited in every state except Delaware and Louisiana.
When you play Mega Millions online and match all five main numbers plus the Mega Ball, and you will be entitled to your share of a multi-million dollar jackpot. Mega Millions’ starting jackpot is $40,000,000. Its personal best was also a world record for four years; it awarded a $656 million jackpot in March 2012. One third of this huge prize was won by the 'Three Amigos', three members of what is possibly the most famous winning lottery syndicate.
Mega Millions is notorious for paying out enormous sums to its winners, including 10 jackpots of more than $300,000,000 since it started. It’s simple to play – pick five different numbers, ranging from 1 to 70, then your Mega Ball (any number from 1-25). Like every other lottery, your win will depend on how many numbers match up with the numbers drawn.
The Iowa Lottery makes every effort to ensure the accuracy of the winning numbers, prize payouts and other information posted on the Iowa Lottery website. The official winning numbers are those selected in the respective drawings and recorded under the observation of an independent accounting firm. In the event of a discrepancy, the official drawing results shall prevail. All names, logos and information contained within these pages are meant for personal use only and may not be reproduced or distributed without the expressed written consent of the Iowa Lottery. You must be at least 21 years old to purchase Iowa Lottery tickets. Please play responsibly. If you or someone you know has a gambling problem, please call 1-800-BETSOFF for help.
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If you still have doubts as to whether you can buy lottery tickets online, check out the Iraqi national that won $6.4 million in the Oregon State lottery despite not being a) a citizen, b) a resident and c) having never set foot in Oregon (or even the US for that matter!). Click the link on the text to read more about this watershed moment in buying lottery tickets online and the unsuccessful steps taken by the local government to try and block this payment. Despite all the efforts, the lottery winner had acted completely legally and was entitled to his millions.