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2. Hoosier Lottery - Wikipedia

   en.wikipedia.org/wiki/Hoosier_Lottery

   The Hoosier Lottery is the official state lottery of Indiana, and is the only US lottery that uses the state's nickname as its official name. It is a member of the Multi-State Lottery Association (MUSL). The Hoosier Lottery sells scratch-off tickets; its draw games include Mega Millions, Hoosier Lotto, Powerball, Cash 5, and Poker Lotto.

3. Check your Powerball tickets, HamCo: You may have won 50K - AOL

   www.aol.com/check-powerball-tickets-hamco-may...

   Winners can contact Hoosier Lottery at 1-800-955-6886 for instructions. Hoosier Lottery also recommends the ticket holder keep it in a safe place and consider meet with a financial advisor.

4. What Are the Different Lottery Payouts and Which Is ... - AOL

   www.aol.com/different-lottery-payouts-smartest...

   What Are the Different Lottery Payouts and Which Is Smartest To Take? Vance Cariaga. July 17, 2023 at 12:12 PM. mphillips007 / Getty Images. ... Powerball offers a similar payout option.

5. I Won the Lottery! Does It Make More Sense to Take the ... - AOL

   www.aol.com/won-lottery-does-more-sense...

   Powerball offers winners a lump-sum payout or an annuity option where the payout would be distributed over the course of 29 years and 30 payments. ... The guilt-free option: Winning the lottery ...

6. Lottery payouts - Wikipedia

   en.wikipedia.org/wiki/Lottery_payouts

   In gambling terminology lottery payouts are the equivalent of RTP (Returns To Players). A lottery operator's gross margin is 100% minus RTP. In the US, large lottery winnings generally are advertised as an annuity amount, paid in 20 or more installments; in most cases, a cash option is available. The cash option in the US can be 40–60% of the ...

7. Gambling in Indiana - Wikipedia

   en.wikipedia.org/wiki/Gambling_in_Indiana

   In 1988, state voters approved a constitutional amendment lifting the lottery ban, establishing the Hoosier Lottery. [3] The Hoosier Lottery sells scratch-off tickets since October 1989. It is a member of the Multi-State Lottery Association since 1990. and co-founder of Powerball in 1992. It joined Mega Millions in 2010 and Cash4Life in 2016 ...

8. How does the lottery work, anyway? - AOL

   www.aol.com/does-lottery-anyway-131505518.html

   How Much are Lottery Winnings Taxed? For starters, the IRS will take a chunk off the top of any winnings over $5,000 — a mandatory 24% federal withholding that must be paid immediately.

9. Parimutuel betting - Wikipedia

   en.wikipedia.org/wiki/Parimutuel_betting

   This payout includes the $1 wagered plus an additional $7 profit. Thus, the odds on Outcome 4 are 7-to-1 (or, expressed as decimal odds , 8.01). Prior to the event, betting agencies will often provide an approximate pay-out figure for each given outcome should no more bets be accepted after the current time.