The annuity factor, or the cost to fund an annuity prize, is another key component. The annuity factor is made up of interest rates for securities purchased to fund prize payments. The higher the interest rates, the higher the advertised Grand Prize. You might not realize that an economic reality like interest rates impact even the Powerball jackpot, but they do!
Our State Department Web site for the 2020 Diversity Visa Program (DV-2020) is now open. The entry submission period for DV-2020 is from 12:00PM EDT (GMT -4) on October 3, 2018 to 12:00PM EST (GMT -5) on November 6, 2018. The entry form will only be available for submission during this period and this period only. Entries will NOT be accepted through the U.S. Postal Service.
And of course, if non-US residents are eligible to buy the tickets, they are also eligible to claim the prize money should they win. However, be aware that the rules covering taxes and withholding vary depending on where you live. Countries outside of the United States might have different procedures. If you do win, be sure to consult with a tax professional for more information.
On March 13, 2010, New Jersey became the first previous Mega Millions-only member (just before the cross-selling expansion) to produce a jackpot-winning Powerball ticket. It was worth over $211 million in annuity payments; it was sold in Morris Plains. On May 28, 2010, North Carolina became the first previous MUSL member (just before the cross-selling expansion) to produce a jackpot-winning Mega Millions ticket; that jackpot was $12 million (annuity).

Before the advent of government-sponsored lotteries, many illegal lotteries thrived, such as number games. The first modern government-run US lottery was established in Puerto Rico in 1934. This was followed, decades later, by the New Hampshire lottery in 1964. Instant lottery tickets, also known as scratch cards, were introduced in the 1970s and have become a major source of lottery revenue. Individual lotteries often feature three-digit and four-digit games akin to numbers games; a five number game, and a six number game (the latter two often have a jackpot.) Some lotteries also offer at least one game similar to keno, and some offer video lottery terminals. Presently, many US lotteries support public education systems.
Wouldn't it be great if lotteries offered monster jackpots every single week? DinoLotto does exactly that, with an astonishing € 50.000.000 jackpot up for grabs in every draw. The gameplay is just like EuroMillions - pick 5 numbers from 50 plus 2 Dino Numbers from 12. The only really important difference is that the jackpot is usually much bigger! Draws are held in Paris at at 20:00 GMT, every Tuesday and Friday.
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.
The odds of winning the Mega Millions jackpot are 1 in 302.6 million, making them the highest odds of any other state or multi-state lottery game ever played in the United States. However, this means the jackpot can grow to surpass the billion-dollar mark with relative ease. The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24.87.
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.
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.”
On March 13, 2010, New Jersey became the first Mega Millions participant (just before the cross-sell expansion) to produce a jackpot-winning ticket for Powerball after joining that game. The ticket was worth over $211 million annuity (the cash option was chosen). On May 28, 2010, North Carolina became the first Powerball member (just before the cross-selling expansion) to produce a jackpot-winning Mega Millions ticket after joining Mega Millions, with an annuity jackpot of $12 million.

When Texas joined Mega Millions in 2003, it began offering an option, initially available only to Texas Lottery players, known as the Megaplier, which was similar to Powerball's Power Play. The 11 Mega Millions lotteries without Megaplier on the January 31, 2010 cross-selling date gradually added the multiplier option; by January 2011, all Mega Millions lotteries, except for California, offered the Megaplier. The Texas Lottery owns the trademark to Megaplier.[8]
Rules vary according to the applicable laws and regulations in the jurisdiction where the ticket is sold, and the winner's residence (e.g. if a New Jerseyan wins on a ticket bought near their workplace in Manhattan). Mega Millions winnings are exempt from state income tax in California; while Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington state, and Wyoming do not have an income tax. On the other hand, some residents of New York City and Yonkers, New York pay three levels of income tax, as these cities levy income taxes.
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.
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.
USA Green Card Organization is not affiliated with the U.S. Government or any government agency. You can enter the U.S. Diversity Lottery for Free at www.state.gov during their open registration dates which typically start in early October. We are not a law firm, we do not provide legal advice, and are not a substitute for an attorney. This site provides a review and submission service that requires a fee. Access to and use of USA Green Card Organization website is subject to Terms of Use and Privacy Policy. Reproduction in whole or in part of this website is strictly prohibited.
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.

This website is owned and operated by Secure View Services Limited, 3rd Floor Methonis Tower, 73 Archbishop Makarios Avenue, Cyprus. Lucky Enterprises and its associated brands operate as an independent ticket purchasing service and are neither associated with nor endorsed by The National Lottery, MUSL, or Camelot Plc, nor any company that manages any product for which their services are employed.
The largest Mega Millions jackpot, advertised as $640 million at the time of the drawing (annuitized) or $462 million (cash value), was drawn on March 30, 2012. The initial estimate for that drawing (following the March 27 drawing, which was $363 million annuity) was $476 million (later increased to $500 million and again to $540 million); brisk ticket sales pushed the jackpot values, both annuitized (to $656 million) and the cash option ($474 million) higher. The amount spent on Mega Millions for drawings following its previous jackpot win, on January 24, 2012, was at least $1.5 billion.[13] three jackpot-winning tickets had been confirmed (Illinois, Kansas, and Maryland).[14]
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.
We all love EuroMillions! This gigantic lotto holds the record for the biggest lottery jackpots ever seen in the UK and Europe, with prizes ranging as high as £150 million. It's easy to bet: just pick 5 numbers from 50, plus 2 Lucky Star numbers from 12. And with bets starting from just € 3,00 a line, EuroMillions offers a fantastic value-for-money chance to get rich every Tuesday and Friday at 20:00 GMT. Record payout: £ 190 Million.
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.
Mega Millions players have the option to activate a multiplier, called Megaplier, in 45 of its 46 jurisdictions; it is functionally similar to Powerball's Power Play; except the latter cannot multiply second prize by 5. (Neither Megaplier nor Power Play are offered in California because its state penal code distinguishes between a "lottery" in which the bank cannot be "broken", and a "banked game" whose bank theoretically could be broken; only a "lottery" was authorized by the state Lottery Act.) By adding $1 to a basic Mega Millions game, to $3, a player has an opportunity to multiply any non-jackpot prize by 2, 3, 4, or 5. The Megaplier is drawn by the Texas Lottery (before the cross-sell expansion on January 31, 2010, it was the only lottery to offer Megaplier), which is drawn by a random number generator (RNG). The odds for each Megaplier possibility are not uniform.[19]
Lottoland is a bookmaker, and not a lottery operator. You cannot purchase entries in any lottery via Lottoland. Lottoland allows you to bet on the outcome of lotteries from around the world. The website is operated by Lottoland. Lottoland has no relationship or affiliation with the operators of the lotteries. Bets do not contribute to the prize pool. Payouts are made in AUD, exchange rates apply.
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.
In 2013, US Powerball announced that it had a goal: to reach a $1 billion jackpot by 2022. The lottery has since passed the half a billion mark on four different occasions, and fans and players eagerly anticipated the grand rollover that would knock the others out of the top spots. As luck would have it, they only had to wait three years, not nine, to see their billion-dollar dreams come true. On 13 January 2016, the world's three luckiest ticket holders -- in Tennessee, California, and Florida -- shared the biggest jackpot ever in lottery history: $1.58 billion!
^ Jump up to: a b Prizes are uniform in all Mega Millions jurisdictions, with the exception of California (where all prizes, including the jackpot, are pari-mutuel; payouts are based on sales and the number of winners of each prize tier.) All other Mega Millions members' second through ninth prizes are set amounts, although in rare cases they can be reduced.
Powerball numbers are drawn from two sets of numbers, so the odds of winning a prize are calculated by combining the odds for both sets of numbers for all prize levels. The odds for matching just the Powerball are calculated by combining the odds of selecting the Powerball and the odds of not selecting any of the five numbers from the first set of numbers drawn.
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