Search results
Results from the WOW.Com Content Network
€38.4 million (US$49.7 million) was the largest jackpot in the Netherlands draw of the Staatsloterij (State Lottery) in May 2013. €30,009,676 (US$31 million) was the largest jackpot in France's SuperLoto, won in May 2006 by two tickets.
State lotteries have become a significant source of revenue for states, raising $17.6 billion in profits for state budgets in the 2009 fiscal year (FY) with 11 states collecting more revenue from their state lottery than from their state corporate income tax during FY2009. [10] Lottery policies within states can have conflicting goals. [11]
Largest Jackpot: $363 million, (two-state lottery win shared with Michigan, 2000) Prizes Paid: $1.23 billion. Ticket Sales: $2.1 billion. State Profit From Sales: $625 million.
Wonder no more! Here's a list of the biggest lottery winnings by state in the U.S. This list covers the largest lottery winnings with a single lottery ticket (no sharing!) in each state.
Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, and overseen by the Multi-State Lottery Association (MUSL), which also manages other large jackpot games such as the Mega Millions.
Illinois Lottery proceeds currently benefit three major areas: 1) the state's Common School Fund (CSF), which helps finance K–12 public schools; 2) The Capital Projects Fund, used for infrastructure improvements and job creation and 3) special causes like Illinois veterans, breast cancer charities and research, assistance for people living with HIV/AIDS, and multiple sclerosis research.
In November 2012, California promulgated the regulations for Powerball in the state. Similar to Mega Millions, all non jackpot draws in the state are within an intrastate pool, with California sending its jackpot share (30% of draw sales) to MUSL for addition to the multi-state jackpot pool.
The price of a Mega Millions play stayed the same until 2017. The price increase for playing Powerball was a major factor in Louisiana deciding to pursue joining Mega Millions, as that state's lottery joined Mega Millions on November 16, 2011.