A Powerball jackpot winner may choose to receive their prize in 30 payments over 29 years or a lump-sum payment. The cash value option, in general, is the amount of money required to be in the jackpot prize pool, on the day of the drawing, to fund the estimated jackpot annuity prize. The advertised jackpot annuity and cash value are estimates until ticket sales are final, and for the annuity, until the Multi-State Lottery Association takes bids on the purchase of securities.
On October 28, 2017, the price of a Mega Millions play doubled, to $2; the first drawing under the current price point was October 31, 2017. The Mega Millions double matrix changed, from 5/75 + 1/15 to the current 5/70 + 1/25. The starting jackpot became $40 million, with minimum rollovers of $5 million. The "Megaplier" option (which again is not offered in California) was retained, with an adjustment to its multipliers. (The final jackpot for the $1 version was $30 million, which was not won; the initial jackpot for the new version would still be $40 million with a jackpot hit.)
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.
On January 13th, 2016 the American multi-state lottery Powerball set the world-record for the biggest jackpot of all time at USD$1.6 billion when it was won by John and Lisa Robinson of Tennessee, Maureen Smith and David Kaltschmidt of Florida and Marvin and Mae Acosta of California. It was the first time in history a prize had topped the billion dollar mark!
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.
Mega Millions is played in 44 states — but not Alabama, Alaska, Hawaii, Mississippi, Nevada and Utah — the District of Columbia and the U.S. Virgin Islands. The most recent Mega Millions grand prize, a $142 million jackpot, was won May 4 in the Dayton, Ohio, suburb of Moraine; the winner claimed the prize anonymously through a trust, netting a $60.5 million lump sum after taxes.
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For that reason, Brent Kramer, a research associate at the Fiscal Policy Institute, a nonprofit research and policy organization, and others call lotteries a “regressive tax” by offering the poor a rich fantasy. “If the promised return is by far illusory — and it is — it would be hard to argue that those purchases do not constitute a tax on those who believe the state’s hype,” Kramer wrote in a 2010 paper. In the event that someone did win the latest $700 million Powerball lottery, Bernal says it will be “the single biggest redistribution of wealth” since, well, the January 2016 Powerball.
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The applicant must have completed a US High School education or a foreign equivalent of a US High School education. “High School education or its equivalent” means the successful completion of a twelve year course of elementary and secondary education in the United States of America or successful completion in another country of a formal course of elementary and secondary education comparable to completing a 12 year education in the USA. Passage of a high school equivalency examination is not sufficient. It is permissible to have completed one’s education in less than twelve years or greater than twelve years if the course of study completed is equivalent to a US High School education; or
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.
Michael Sweeney, executive director of the Massachusetts State Lottery, apologized Thursday afternoon for the mix-up, saying it was the result of a “human error” but added that the lottery’s internal systems always had the correct information. He said those internal systems ran a routine report in the morning identifying Chicopee as the correct location, and lottery officials then checked to ensure that it was accurate.
Powerball is an American lottery game offered by 44 states, the District of Columbia, Puerto Rico and the US Virgin Islands. It is coordinated by the Multi-State Lottery Association (MUSL), a nonprofit organization formed by an agreement with US lotteries. Powerball's minimum advertised jackpot is $40 million (annuity); Powerball's annuity is paid in 30 graduated installments or winners may choose a lump sum payment instead. One lump sum payment will be less than the total of the 30 annual payments because of the time value of money.
Earlier big Mega Millions winners at theLotter included Spanish player B.G. who won a $250,000 second place prize in the Mega Millions draw on 20 March 2012. A year earlier, N.B. traveled from his home in Switzerland to New York to collect his $250,000 Mega Millions prize after winning in the draw on 26 April 2011. And T.K. from New York was our first huge Mega Millions winner when he won $250,000 in October 2009. Will you be theLotter’s next big Mega Millions winner? Play online today and find out!
Play Powerball online by selecting five main numbers from 1-69 and a single Power Ball additional number from a guess range of 1-26. US Powerball winning numbers are selected each Wednesday and Saturday at 23:00 EST*, and your official Powerball lottery ticket could make you the lottery world’s next dollar multi-millionaire! When you buy lottery tickets online with theLotter, you will see a scanned copy in your private theLotter account before every draw. Select your numbers for the next Powerball draw with quick pick, manual selection, or your saved lucky numbers! Learn more about how we purchase official lottery tickets here.
With an impressive $40,000,000 starting jackpot, US Powerball offers the biggest starting jackpot of any world lottery, and its $1.58 billion personal best from January 2016 is the all-time lottery world record! Match all five main numbers and the Powerball and you could be celebrating a multi-million dollar win in America’s favourite lotto! When you play Powerball online, in addition to the jackpot you can win one of eight exciting secondary prizes including a second prize that starts at $1 million!
Assuming that you have chosen an online lottery company that physically purchases tickets online. How you play Powerball online is the following; Firstly, pick whether you want to buy group Powerball tickets online or single tickets. Almost all online lottery ticket providers offer the player to buy group tickets in addition to single ticket purchases. An online group game ticket in the Powerball is the same concept as a work syndication for the lottery, only nowadays thanks to the wonders of the internet, you don’t have to rely on the people in your vicinity – you can join a syndicate that is made up of hundreds, if not thousands of people scattered all across the globe.