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.
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.
Every jurisdiction has its own law on winners remaining anonymous. Some jurisdictions are required by law to provide the winner's name, city of residence, game won and prize amount to any third party that requests the information. Other jurisdictions allow winners to create trusts to shield their names from the public, or otherwise claim prizes anonymously. Check with your lottery to see if taking a photo of the winner is required and what its rules are on prize claims. Even if you keep your identity secret from the media and the public, you will have to be known to the lottery so officials can confirm you are eligible to play and win, as well as other legal requirements.
Lotto America is an American multi-state lottery game that began in 2017. It is operated by the Multi-State Lottery Association (MUSL). It takes its name from the original Lotto America, offered from 1988 to 1992. Lotto America was re-launched by 13 state lotteries on November 12, 2017. Plays are $1 each (or $2 with the All-Star Bonus option; see below.) Lotto America replaced the scandal-tarred Hot Lotto game; each of the 13 members of Lotto America offered Hot Lotto when it ended on October 28, 2017.
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.
Americans in the lowest fifth socioeconomic status group had the highest rate of lottery gambling (61%) and the highest mean level of days gambled in the past year (more than 26 days), the 2011 Journal of Gambling Studies research found. There were very few observed differences in lottery gambling for those in the three upper socioeconomic status groups — approximately 43% gambled on the lottery and the three upper groups averaged about 10 days of gambling on the lottery in the previous year of the study, a trend that was found in other countries with lotteries.
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!
Drawings for Powerball are held every Wednesday and Saturday evening at 10:59 p.m. Eastern Time. Since October 7, 2015, the game has used a 5/69 (white balls) + 1/26 (Powerballs) matrix from which winning numbers are chosen, resulting in odds of 1 in 292,201,338 of winning a jackpot per play. Each play costs $2, or $3 with the Power Play option. (Originally, Powerball plays cost $1; when PowerPlay began, such games were $2.) The official cutoff for ticket sales is 10:00 p.m. Eastern Time; some lotteries cut off sales earlier. The drawings are usually held at the Florida Lottery’s studio in Tallahassee.