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.)
In January 2012, Mega Millions' rival Powerball was altered; among the changes were a price increase of $1 for each play, as a result, a base game costs $2, or $3 with the Power Play option. At the time, there were no plans to change the price of a Mega Millions play, with or without the Megaplier (see below for the 2017 format change that includes the base price for a Mega Millions play to be raised to $2.) The price increase for playing Powerball was a major factor in Louisiana deciding to pursue joining Mega Millions, as that state's lottery joined Mega Millions on November 16, 2011.
Even though some scratch cards costing as much as $50 in Texas and $30 in Massachusetts, state lotteries are exempt from Federal Trade Commission “truth in advertising laws” The Federal Communications Commission prohibits the broadcast of lottery advertisements, but has exemptions for lotteries “conducted by a state acting under the authority of state law. Hence, TV commercials like “The Possibilities are Endless.” (Lotteries raise over $70 billion a year, according to the North American Association of State and Provincial Lotteries. Profits from the Powerball are used to fund public projects approved by state legislatures.)
The advertised estimated jackpot represents the total payments that would be paid to jackpot winner(s) should they accept the annuity option. This estimate is based on the funds accumulated in the jackpot pool rolled over from prior drawings, expected sales for the next drawing, and market interest rates for the securities that would be used to fund the annuity. The estimated jackpot usually is 32.5% of the (non-Power Play) revenue of each base ($1) play, submitted by game members to accumulate into a prize pool to fund the jackpot. If the jackpot is not won in a particular drawing, the prize pool carries over to the next drawing, accumulating until there is a jackpot winner. This prize pool is the cash that is paid to a jackpot winner if they choose cash. If the winner chooses the annuity, current market rates are used to calculate the graduated payment schedule and the initial installment is paid. The remaining funds in the prize pool are invested to generate the income required to fund the remaining installments. If there are multiple jackpot winners for a drawing, the jackpot prize pool is divided equally for all such plays.
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.
The January 4, 2011 Mega Millions drawing drew attention for its similarity to "The Numbers," a sequence of six numbers that served as a plot device of the ABC drama series Lost. One such usage involved character Hugo "Hurley" Reyes playing the sequence in a similar "Mega Lotto" game, winning a nine-figure jackpot and subsequently experiencing numerous misfortunes in his personal life. The first three numbers (4, 8, 15) and mega ball (42) in the Mega Millions drawing matched the first three numbers and the final number (which Hurley also used as the "mega ball" number) in the Lost sequence. The last two numbers in the Mega Millions drawing did not match the last two numbers that were used in the scene. Those who played "The Numbers", including from quick-picks, won $150 ($118 in California) in a non-Megaplier game; $600 with the multiplier.
The US Powerball game, arguably one of the most popular and widely-played games in the United States, is a shared jackpot game which is co-ordinated by an NPO formed by an agreement between the various state lotteries. The US Powerball game has become renowned for its impressive $40 million starting jackpot, with the potential of yielding nine-figure jackpot wins.
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.
There are 16 different European countries which participate in EuroJackpot, including Germany and Spain. Until recently this meant that we couldn't take part in the EuroJackpot lotto unless you were among the 16 main countries because there was simply nowhere to buy tickets from. Now by betting online with Lottoland you can take part in the world's best lottery from your laptop, tablet or smart phone from anywhere in the world.
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Having initially played 'little sister' to Mega Millions, changes made to Powerball in January 2012 and October 2015 meant that the Powerball lottery now consistently awards the biggest lottery jackpots in the world. In the year after the 2012 changes just under one in two (actual amount: 50 out of 104) Powerball draw jackpots were more than $100,000,000.
Married children and children 21 years of age or older are not eligible to be included in your DV application. However, according to the Child Status Protection Act (CSPA), it may be possible for the child to immigrate with you if the DV application is made before the child turns 21 and the child turns 21 before visa issuance. In such cases, he/she may be protected from aging out and will be treated as if he/she were under 21 years solely for the purpose of processing the visa. However, in order to take advantage of this, the child actually must seek to acquire the immigrant visa within a year of the visa becoming available.
Based on statistical projections, the average jackpot win increased from $95 million to $141 million. Over 3.5 million additional prizes were expected to be won yearly due to the change in probability. The starting jackpot increased to $20 million, with minimum rollovers of $5 million. The jackpot contribution increased from 30.3% to 32.5% of total sales. The Power Play option was modified; second prize, usually $200,000, was given an automatic 5x multiplier, making the 5+0 prize $1 million cash. The bonus second prize if the jackpot exceeded its previous record by $25 million, triggered only twice, was eliminated with the 2012 format change.
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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!
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The probability and odds can be taken into a mathematical perspective: The probability of winning the jackpot (through October 27, 2017) was 1:(75C5) x (15); that is: 75 ways for the first white ball times 74 ways for the second times 73 for the third times 72 for the fourth times 71 for the last white ball divided by 5 x 4 x 3 x 2 x 1, or 5!, and this number is then multiplied by 15 (15 possible numbers for the "Megaball"). Therefore, (75 x 74 x 73 x 72 x 71)/ (5 x 4 x 3 x 2 x 1) x 15 = 258,890,850, which means any combination of five white balls plus the Megaball has a 1:258,890,850 chance of winning the jackpot. Similarly, the odds for second prize are 1:(75C5) x (15/14) = 1: 18,492,204 chance of winning. The overall probability of winning any prize was 1 in 14.7. If there are no jackpot winners for a specific drawing, the jackpot will keep increasing, however, the odds will still remain the same.
To play Lotto America, pick five main numbers between 1 and 52 and one Star Ball from a separate pool of 1 to 10. You can choose your own numbers or ask for a Quick Pick. It costs $1 per line to play, while you can also add the All Star Bonus to your ticket for a small additional fee for the chance to increase any non-jackpot prize. Find out more about how to play Lotto America, and then just pick up a playslip from any participating retailer to take part.
The owner of the store that sold the ticket is incentivized to get the winnings to the right person as this is the only way they can receive their bonus for selling the winning tickets (They will not get paid until any disputes have been settled) – In the case of the Iraqi man winning the Oregon State lottery, the shop that sold the ticket received a $64,000 ‘selling bonus’.