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After no ticket was sold for Tuesday's jackpot, the top prize has been pushed to $1.28 billion for Friday's drawing, making it the second-largest jackpot in the game's history.
All prizes for Fantasy 5, Daily Derby, Daily 3, Daily 4, and non-jackpot SuperLotto Plus, Mega Millions, and Powerball prizes, are paid out in one payment, less 24% or 33% (depending upon the winner's tax documentation) Federal withholding if the prize is over $5,000. Merchandise prizes over $5,000 are subject to 33% Federal withholding.
DC-5, Florida's Pick 5, Georgia Five, Louisiana's Pick 5, Maryland's Pick 5, Ohio's Pick 5, Pennsylvania's Pick 5, and Virginia's Pick 5 also do not truly fit this category, as they are five-digit numbers games with "straight" and "box" wagers played like many U.S. pick-3 and pick-4 games.
Powerball ticket. After a nearly three-month stretch with no one matching all six numbers, we finally have a winner of the record-setting $1.73 billion Powerball jackpot.
The Mega Millions jackpot winner could either take the cash payout of $549.7 million or the $1.22 billion annuity paid out over 30 years.
With Powerball becoming a $2-per-play game in January 2012, Louisiana decided to pursue adding Mega Millions, which has always been $1 per play; $2 with the Megaplier option (there are no plans to raise the price of a Mega Millions ticket.) Mega Millions became available in Louisiana on November 16, 2011.
The drawing is usually broadcast live on various TV channels, including ABC, CBS, and NBC. Check your local listings for the channel holding the drawing in your area.
The Louisiana State Lottery became the most notorious state lottery and was known as the "Golden Octopus" as it reached into every American home using the U.S. Postal Service. [3] In 1890 the United States Congress banned the interstate transportation of lottery tickets and lottery advertisements, which composed 90% of the company's revenue.