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.
• 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%.)
On October 13, 2009, the Mega Millions consortium and Multi-State Lottery Association (MUSL) reached an agreement in principle to cross-sell Mega Millions and Powerball in American lottery jurisdictions, with the two groups referred to as the "Mega Power Lottery" by many users. The expansion occurred on January 31, 2010, as 23 Powerball members began selling Mega Millions tickets for their first drawing on February 2, 2010; likewise, 10 Mega Millions members began selling Powerball tickets for their first drawing the next day. Montana (joining Mega Millions on March 1, 2010) was the first jurisdiction to add either game after the cross-sell expansion. Nebraska (March 20, 2010), Oregon (March 28, 2010), Arizona (April 18, 2010), Maine (May 9, 2010), Colorado and South Dakota (the latter two on May 16, 2010) also have joined Mega Millions since the expansion.
^ 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 45 lotteries offering the new game are: the Arizona Lottery, Arkansans Lottery, Colorado Lottery, Connecticut Lottery Corporation, D.C. Lottery (District of Columbia), Delaware Lottery, Florida Lottery, Georgia Lottery, Idaho Lottery, Hoosier Lottery (Indiana), Iowa Lottery, Illinois Lottery, Kansas Lottery, Kentucky Lottery Corporation, Louisiana Lottery Corporation, Maine Lottery, Maryland Lottery, Minnesota State Lottery, Missouri Lottery, Montana Lottery, Michigan Lottery, Nebraska Lottery, New Hampshire Lottery Commission, New Jersey Lottery, New Mexico Lottery, New York Lottery, North Carolina Education Lottery, North Dakota Lottery, Ohio Lottery, Oklahoma Lottery, Oregon Lottery, Pennsylvania Lottery, Rhode Island Lottery, South Carolina Education Lottery, South Dakota Lottery, Tennessee Education Lottery, Texas Lottery, Virgin Islands Lottery, Vermont Lottery, Virginia Lottery, Wisconsin Lottery, West Virginia Lottery, Washington Lottery, California Lottery.
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.
Some lotteries sell Powerball® tickets over the Internet, but the service is only available to residents of that jurisdiction. The sale of Powerball tickets over the Internet or by mail across jurisdictional borders is restricted. Lotteries may refuse to pay out prize money on Powerball tickets purchased on any website other than their own. Please contact your lottery with any further questions.
Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. A cash value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. Mega Millions' previous format began on October 19, 2013; its first drawing was three days later. The current version of Mega Millions uses a 5/70 (for the white balls) plus 1/25 (for the "Mega Ball") double matrix to select its winning numbers.
Due to falling sales of Hot Lotto (whose final drawing was October 28, 2017), a new version of Lotto America became available on November 12, 2017; its first drawing was November 15, 2017. Lotto America is available wherever Hot Lotto was offered at the time of its final drawing (except New Hampshire.) Lotto America is drawn on Wednesday and Saturday nights after 11 p.m. ET/10 p.m. CT. For each $1 play, bettors choose five numbers from 1 through 52, and a "star ball" numbered from 1 through 10, or ask for terminal-generated numbers. For an additional $1 per play, the bettor can add the "All-Star Bonus" option, which multiplies non-jackpot prizes by 2, 3, 4, or 5. The minimum Lotto America jackpot is $2 million; however, the game's initial jackpot was $15 million; the 13 members chose to augment the jackpot with funds from Hot Lotto, whose final jackpot was not won.
Some retailers that sit on state lines often offer both state lotteries with state boundaries clearly marked, since such sales still have to occur in the physical state it is offered. One retailer located along U.S. Route 62that is largely in Sharon, Pennsylvania but has a small portion lying inMasury, Ohio sells both the Ohio Lottery and the Pennsylvania Lotteryat one location. The first modern US joint-state lottery game was formed in 1985 inMaine, New Hampshire, and Vermont. In 1988, the Multi-State Lottery Association (MUSL) was formed with Iowa, Kansas, Missouri, Oregon,Rhode Island, West Virginia, and the District of Columbia as its charter members; it is best known for Powerball, which was designed to create large jackpots. Another joint lottery, The Big Game (now called Mega Millions), was formed in 1996 by six other lotteries as its charter members.
Just pay an additional $1 for each LOTTO AMERICA® game you wish to play, and if you win a set cash prize, you’re guaranteed to multiply that amount 2, 3, 4, or 5 times up to $100,000 cash. A multiplier number (2, 3, 4, or 5) is selected at random for each LOTTO AMERICA® drawing. To add All-Star Bonus, simply mark the All-Star Bonus option on your playslip or ask your Retailer to add it to your LOTTO AMERICA® play.
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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.
Ohio and New York joined The Big Game consortium on May 15, 2002, when the game was renamed The Big Game Mega Millions, temporarily retaining the old name and the original "gold ball" logo. The "Big Money Ball" became the "Mega Ball." While the game's name was altered, the yellow ball in the new Mega Millions logo continued to read "The Big Game" until February 2003, after which it was replaced with six stars representing the original members of the consortium. The first (The Big Game) Mega Millions drawing was held two days later, on May 17. The Mega Millions trademark is owned by the Illinois Lottery. The first three lotteries to join Mega Millions were Washington (in September 2002), Texas (in 2003) and California (in 2005); California was the last addition to Mega Millions before the cross-sell expansion of 2010. Montana joined Mega Millions on March 1, 2010, the first addition to Mega Millions after the cross-sell expansion.
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!