Drawings are usually held at the studios of WSB-TV in Atlanta, Georgia. The original host was WSB's chief meteorologist, Glenn Burns. Currently, most drawings are emceed by the full-time host of Georgia Lottery drawings, John Crow, with Brian Hooker the main substitute host. For larger jackpots, the drawing sometimes is moved to Times Square, with New York Lottery announcer Yolanda Vega co-hosting.
The Mega Millions jackpot was most recently won in the draw on 24 July 2018 when after 22 rollovers, a single ticket purchased in San Jose, California won a jackpot worth $543 million ($320.5 million cash), the 3rd largest Mega Millions jackpot ever! Roland Reyes claimed this incredible jackpot prize on behalf of a group of 11 co-workers from the financial industry. Each of the winners contributed just $2 to the joint ticket, which was purchased with a Quick Pick random number selection. The members of the office pool said they planned to continue working despite the enormous prize money they won.
Because the quoted jackpot amount is an annuity of 30 graduated annual payments, its cash value relative to the annuity fluctuates. The actual ratio depends on projected interest rates and other factors. MUSL starts with the cash value, built from a percentage of sales, and then calculates the advertised jackpot amount from that value, based on the average costs of the three best securities bids.
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.
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.
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.
Two identical machines are used for each drawing, randomly selected from four sets. The model of machine used is the Halogen, manufactured by Smartplay International of Edgewater Park, New Jersey. There are eight ball sets (four of each color); one set of each color is randomly selected before a drawing. The balls are mixed by a turntable at the bottom of the machine that propels the balls around the chamber. When the machine selects a ball, the turntable slows to catch it, sends it up the shaft, and then down the rail to the display.
This method specifically has faced criticism recently from a number of lottery organizers such as Camelot, the UK National Lottery organizers who are not happy with companies “selling tickets” (selling bets on outcomes of their established lottery draws) for prices sometimes even cheaper than Camelot themselves sells their tickets. This legal and corporate dispute looks set to continue for the foreseeable future, in the mean time you can continue to buy Powerball tickets online, only now you are aware of the key differences between the two business models.