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.
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.
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.
Prizes must be claimed in the jurisdiction where the winning ticket was purchased. Players can generally claim a prize up to $600 at any licensed lottery retailer in the jurisdiction where they bought the ticket. Prizes over $600 can be claimed at some lottery offices, depending on the amount, and also at lottery headquarters. Please contact your lottery with any further questions.
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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.
In 1998, Florida was given permission by its government to participate in a multi-state game. It was set to offer Powerball; but in early 1999, new governor Jeb Bush prevented Florida from joining since he believed Powerball would hurt the existing Florida Lottery games. In 2008, Governor Charlie Crist finally allowed Florida to join MUSL, on Jan 4, 2009.
Another study looked at winners. In 2015, the Maine Department of Health and Human Services analyzed data from the Bureau of Alcohol and Beverage and Lottery Operations on individuals who won money in the state lottery. Some 4,865 winning tickets of $1,000 or more were cashed in by 3,685 individuals receiving state benefits over the previous five years, reaching $22 million in lottery jackpots of various sizes. So — unless they were an unusually lucky group of people — they likely spent far more than any other group on tickets.
When the Powerball jackpot is won, the next jackpot is guaranteed to be $40 million (annuity). If a jackpot is not won, the minimum rollover is $10 million. The cash in the jackpot pool is guaranteed to be the current value of the annuity. If revenue from ticket sales falls below expectations, game members must contribute additional funds to the jackpot pool to cover the shortage; the most likely scenario where this can occur is if the jackpot is won in consecutive drawings.
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.