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The odds are at 1 in 28,989,675. Draws are held on Mondays, Wednesdays and Saturdays. On July 9, 2022, a single bettor wins the jackpot prize of ₱401,186,804.80, making it the third largest jackpot prize won. Also, for the first time in history, on October 1, 2022, a jackpot prize worth ₱236,091,188.40 was divided among 433 winners.
In November 2022, Powerball set a record for the largest lottery jackpot in U.S. history, with its 8 November 2022 draw having an estimated jackpot of US$2 billion. [39] [40] The precursor to legal lotteries were the underground "numbers game" of the 1800s, which operated out of "Policy shops" where bettors choose numbers.
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A lottery is a form of gambling which involves selling numbered tickets and giving prizes to the holders of numbers drawn at random. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing their own national (state) lottery.
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The Lottery Act mandates a five-member commission, appointed by the governor, to "oversee the Lottery and the Director" and make quarterly reports "to the Governor, the Attorney General, the Controller, the Treasurer, and the Legislature."
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Since April 2018, a new show called The National Lottery Lotto Results has aired on ITV on Wednesday and Saturday nights during commercial breaks. Presented by Stephen Mulhern, the show features that night's winning Lotto numbers, and spotlights a National Lottery-funded location. The actual Lotto draw itself is not broadcast, and remains online.