Lottery jackpots are overwhelming played by low-income Americans, studies show. In fact, the lottery jackpot only becomes “progressive” — meaning that high earners spend more on tickets than more than low earners — when the jackpot is at least $806 million or more, according to this study by Emily Oster, currently a professor of economics at Brown University.
This website and the games available thereon are operated by Kootac. Kootac Trading Limited, with its registered office at No. 30, Kenilworth, Flat 3, Sir Augustus Bartolo Street, Ta' Xbiex, XBX 1093, Malta (EU) is licensed by the UK Gambling Commission to operate remote gambling in Great Britain under licence number 000-044791-R-324883-004. Kootac N.V., with its registered office at Heelsumstraat 51 E-commerce Park, Curacao is officially licensed by the Government of Curacao to operate online gambling based on the licence number 8048/JAZ2013-014.
Bob Bolduc, founder of Pride Station & Stores, where the prize was actually purchased, said the multimillion-dollar winning ticket was sold at about 2:30 p.m. Wednesday. He said that in the past year the convenience store chain has sold a handful of winning tickets worth $1 million or more, and he suspects that will “resonate with a lot of lottery buyers.”
Step 9: On the online play slip, choose the draw day you want to enter your numbers for, how many weeks the numbers will be put into the drawer. Then click into each number box and enter your numbers. If you want to choose lucky dip numbers, click on the Lucky Dip button and numbers will be automatically entered into the boxes, but until you complete the transaction you will only see 'LD' in the boxes.
Despite the uneasiness of many to begin with, I know of no disputes or complaints from people who have bought Powerball tickets online via the insurance model, won and not been paid. As you can imagine, this scenario would effectively close down their website as they rely solely on the trust factor. The insurance model means that you will not be buying “official” tickets, but what do you care if you get paid your millions at the end of the day!
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!
Jump up ^ "Mega Millions jackpot reaches record $500 million". Komo News. Sinclair Interactive Media. March 28, 2012. Retrieved September 4, 2013. The jackpot was originally announced at $476 million early Wednesday morning but rampant ticket sales boosted the estimated payout to the $500 million mark. Tuesday night's jackpot was $363 million, fed by weeks of drawings without a top winner. It has rolled 18 times since Marcia Adams of College Park won $72 million in the Jan. 24 drawing. A winner could get $19.2 million a year for 26 years or a single payment of $359 million. The previous record jackpot in the Mega Millions game was $390 million in 2007, split by two winners in New Jersey and Georgia.
Changes to the Mega Millions game matrix were introduced, meaning the jackpots will likely get bigger more often, and players have a better chance of winning the second-tier prize of $1 million (without the Megaplier). Certain states can now take advantage of the Just the Jackpot feature, which allows players to buy a ticket ($3 for two lines) that gives them a chance of winning the jackpot if they match 5 + 1, but no prizes if they match anything less than that.
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.
Lottery winners can choose to receive the money in either an annuity — annual allotments over 30 years — or to get it all at once in a single payment for a smaller amount. For example, the lump sum on the $502 million jackpot would be $301 million, according to lottery site USAMega.com. If a single winner takes the single payment, the federal tax withholding would be over $75 million. Then, there are state taxes too.
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.
Jump up ^ "Powerball - Contact". Multi-State Lottery Association. Archived from the original on August 6, 2015. Retrieved August 2, 2015. Sure, the odds of matching 1 red ball out of 35 are 1 in 35, but we are not giving the odds for matching a red ball. We give the odds for winning a prize for matching one red ball ALONE. If you match the red ball plus at least one white ball, you win some other prize, but not this prize. The odds of matching one red ball ALONE are harder than 1 in 35 because there is some risk that you will also match one or more white ball numbers - and then win a different prize.
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.
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.
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.
EuroMillions is played in 13 countries and territories throughout Europe, with the majority of players coming from the UK, France and Spain. Other participating countries include Ireland, Austria, Belgium, Luxembourg, Portugal and Switzerland. EuroMillions is also available to play in Andorra, Liechtenstein, Monaco and the Isle of Man. With players from all over the continent taking part each week EuroMillions is, by far, the biggest and most popular international lottery in the world.
Two machines are used in each Mega Millions drawing. The model used for Mega Millions is the Criterion II, manufactured by Smartplay International of Edgewater Park, New Jersey. The balls are moved around by means of counter-rotating arms which randomly mix the balls. Individually, the five white balls, several seconds apart, drop through a hole in the bottom of the mixing drum.
The New Jersey Lottery, among others, in early 2009 announced it would seek permission to sell Powerball tickets alongside Mega Millions. In October 2009, an agreement between Mega Millions and MUSL allowed all U.S. lotteries, including New Jersey's, to offer both games. On January 31, 2010, Mega Millions expanded to include the 23 MUSL members; as of that date, 35 jurisdictions were participating in Mega Millions. On the same day, 10 existing Mega Millions-participating lotteries began selling Powerball tickets. Ohio joined Powerball on April 16, 2010. On March 1, 2010, Montana became the first MUSL member to add Mega Millions after the cross-sell expansion. Nebraska became the 37th Mega Millions participating member on March 20, 2010, followed by Oregon as the 38th member on March 28, Arizona as the 39th member on April 18, and Maine as 40th Mega Millions participant on May 9, 2010. Colorado and South Dakota added Mega Millions on May 16, 2010, bringing the total to 42 jurisdictions.
In Georgia, New Jersey, and Texas, players must choose, in advance, whether they wish to collect a jackpot prize in cash or annuity. Georgia and New Jersey winners can change an annuity ticket to cash should they be eligible for a jackpot share; however, the choice is binding in Texas. The other Mega Millions members allow the cash/annuity choice to be made after winning (usually 60 days after claiming the ticket), although in Florida the 60-day "clock" starts with the drawing in which the jackpot prize was won.
*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.