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The Powerball jackpot for Monday, Aug. 12, 2024, is now an estimated $212 million with a cash option of $105.5 million, according to powerball.com. When is the next Powerball drawing?
The last time a Mega Millions jackpot was claimed was in Texas on Sept. 10 when a lucky person won a $552 million jackpot. The winning numbers for the lottery were drawn just after 11 p.m. E.T. on ...
On March 6, 2007, the Mega Millions jackpot reached $390 million, [17] which was then the third-largest jackpot in U.S. history. The jackpot was shared by two tickets, both matching the numbers of 16–22–29–39–42 and Mega Ball 20. Both winners chose the cash option, with each share $116,557,083 before tax was withheld. [18]
In bonusball lotteries where the bonus ball is compulsory, the odds are often even lower. In the Mega Millions multi-state lottery in the United States, 5 numbers are drawn from a group of 70 and 1 number is drawn from a group of 25, and a player must match all 6 balls to win the jackpot prize. The chance of winning the jackpot is 1 in ...
An ever-expanding Powerball jackpot will roll over after Saturday night's drawing resulted in no winners for the grand prize, leaving an estimated $810 million prize for the new year.
The jackpot begins at $2 million annuity and increases by at least $100,000 per rollover until there is a 6-of-6 winner (the jackpot prize is paid in a financial annuity over 30 years or the jackpot winner can choose the available cash option for such annuity). The game requires players to choose how they want to be paid if they win the jackpot ...
A simple example formula that would achieve this (expanding on the aforementioned example) would be simply to calculate the jackpot as being $1,000 plus the square root of a random number between zero and four million, which would result in a 75% probability of each jackpot being between $2,000 and $3,000 and a 25% probability of a jackpot ...
He was not a regular lottery player but bought $100 in tickets because the jackpot was so high. He played the lottery only when it reached $100 million. [3] The jackpot that Christmas Day (before taxes) was a $314.9 million annuity or $170.5 million cash. Whittaker chose the cash option of $113,386,407, after taxes. [5] [6] [7]