Tag #Jackpot

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cnnespanol.cnn.com

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Sep 6, 01:19

Higher Interest Rates Inflate Powerball Jackpot to $1.7 Billion

The Powerball jackpot has reached a record-breaking $1.7 billion due to high ticket sales, a lack of winners since late May, and unexpectedly, high interest rates, which increase the advertised annuity payout compared to the cash value.

Higher Interest Rates Inflate Powerball Jackpot to $1.7 Billion

The Powerball jackpot has reached a record-breaking $1.7 billion due to high ticket sales, a lack of winners since late May, and unexpectedly, high interest rates, which increase the advertised annuity payout compared to the cash value.

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How do high interest rates affect the advertised Powerball jackpot amount?

High interest rates allow lottery sponsors to offer a larger annuity payout. The $1.7 billion advertised jackpot is an annuity paid over 29 years; its cash value is $770 million. The difference reflects the significant returns possible from investing the cash value due to high interest rates.

dailymail.co.uk

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May 31, 22:09

Record-Breaking £199 Million EuroMillions Jackpot Up for Grabs

Tuesday's EuroMillions draw offers a record-breaking £199 million jackpot, exceeding the UK's previous largest lottery win of £195 million, with the potential to create the UK's wealthiest lottery winner.

Record-Breaking £199 Million EuroMillions Jackpot Up for Grabs

Tuesday's EuroMillions draw offers a record-breaking £199 million jackpot, exceeding the UK's previous largest lottery win of £195 million, with the potential to create the UK's wealthiest lottery winner.

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What is the significance of the £199 million EuroMillions jackpot for the UK?

The EuroMillions lottery jackpot has reached an estimated £199 million, the largest in UK history. A single UK ticket holder winning this amount would surpass previous record wins, exceeding £195 million from July 2022. This surpasses the wealth of celebrities like Dua Lipa and Harry Kane.

theguardian.com

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Feb 25, 16:13

Oregon Man Wins \$328.5 Million Powerball Jackpot

Abbas Shafii, a 79-year-old Beaverton, Oregon resident, won a \$328.5 million Powerball jackpot on January 18th, 2024, after purchasing a ticket at a local Fred Meyer store on January 17th, and plans to donate to charities.

Oregon Man Wins \$328.5 Million Powerball Jackpot

Abbas Shafii, a 79-year-old Beaverton, Oregon resident, won a \$328.5 million Powerball jackpot on January 18th, 2024, after purchasing a ticket at a local Fred Meyer store on January 17th, and plans to donate to charities.

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What are the broader implications of Shafii's win regarding the odds of such events and the economic impact of lotteries?

Shafii's win highlights the extremely low probability of such events; his odds were approximately 1 in 292 million. The win also benefited the store where he purchased the ticket, which received a \$100,000 bonus and plans to donate half to charity.

cnbc.com

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Dec 26, 22:10

Mega Millions Jackpot Reaches \$1.15 Billion, But Taxes Significantly Reduce Winnings

The Mega Millions jackpot has reached \$1.15 billion, the fifth largest in history; however, taxes significantly reduce the actual amount a winner receives, which depends on the payout option and their state of residence and purchase.

Mega Millions Jackpot Reaches \$1.15 Billion, But Taxes Significantly Reduce Winnings

The Mega Millions jackpot has reached \$1.15 billion, the fifth largest in history; however, taxes significantly reduce the actual amount a winner receives, which depends on the payout option and their state of residence and purchase.

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How do state tax laws and the ticket's purchase location influence the net winnings of a Mega Millions jackpot winner?

State taxes on lottery winnings vary widely, from 0% in eight states (California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming) to 10.9% in New York. The location of ticket purchase also influences taxation, potentially requiring winners to navigate cross-state tax regulations. Choosing the lump sum payout maximizes immediate funds but results in a smaller overall amount compared to the annuity option.

cbsnews.com

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Dec 25, 07:05

Unclaimed $1 Billion Mega Millions Jackpot Leads to $1.15 Billion Rollover

No ticket matched the $1 billion Mega Millions jackpot on Christmas Eve, resulting in a $1.15 billion estimated jackpot for the next drawing on Friday; the game's 2023 jackpot wins are the fewest in any year since 2002.

Unclaimed $1 Billion Mega Millions Jackpot Leads to $1.15 Billion Rollover

No ticket matched the $1 billion Mega Millions jackpot on Christmas Eve, resulting in a $1.15 billion estimated jackpot for the next drawing on Friday; the game's 2023 jackpot wins are the fewest in any year since 2002.

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What are the potential long-term impacts of the announced price increase for Mega Millions tickets in 2025?

The upcoming $1.15 billion jackpot is likely to attract a surge in ticket sales, increasing the potential for a winner. The planned price increase to $5 per ticket in April 2025 aims to generate even larger jackpots, potentially further boosting interest in the game. This increase may also lead to more frequent billion-dollar prizes.

edition.cnn.com

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Dec 21, 13:08

Mega Millions Jackpot Reaches Record $944 Million

The Mega Millions lottery jackpot has soared to $944 million for Tuesday's drawing, the largest December prize ever, exceeding Friday's $862 million; five tickets won $1 million each.

Mega Millions Jackpot Reaches Record $944 Million

The Mega Millions lottery jackpot has soared to $944 million for Tuesday's drawing, the largest December prize ever, exceeding Friday's $862 million; five tickets won $1 million each.

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What is the significance of the $944 million Mega Millions jackpot, and what are its immediate impacts?

The Mega Millions lottery jackpot has reached $944 million for Tuesday's drawing, the largest December prize ever. Five tickets won $1 million each by matching five numbers in Friday's drawing, sold across four states. This is part of a record-breaking year for Mega Millions, with multiple billion-dollar jackpots awarded.

cnnespanol.cnn.com

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Sep 2, 16:17

Powerball Lottery: Odds, Prizes, and How to Play

The Powerball lottery, with a record-breaking US$2.04 billion prize in November 2022, requires matching five white balls (1-69) and one red Powerball (1-26); the odds are roughly 1 in 292 million, with smaller prizes for partial matches.

Powerball Lottery: Odds, Prizes, and How to Play

The Powerball lottery, with a record-breaking US$2.04 billion prize in November 2022, requires matching five white balls (1-69) and one red Powerball (1-26); the odds are roughly 1 in 292 million, with smaller prizes for partial matches.

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What are the rules and odds of winning the Powerball jackpot?

To win the Powerball jackpot, players must match five numbers from 1 to 69 and one Powerball number from 1 to 26. The odds of winning the jackpot are approximately 1 in 292 million. The order of the white ball numbers does not matter.

zeit.de

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Feb 28, 13:11

88 Million Euro Lottery Win in Hesse

A group from northern Hesse won nearly 88 million euros in the Eurojackpot lottery on February 11th, the second-largest win in Hesse's history, purchased anonymously just before the deadline with randomly generated numbers.

88 Million Euro Lottery Win in Hesse

A group from northern Hesse won nearly 88 million euros in the Eurojackpot lottery on February 11th, the second-largest win in Hesse's history, purchased anonymously just before the deadline with randomly generated numbers.

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What is the significance of this nearly 88 million euro lottery win in Hesse, Germany?

A group of lottery players from northern Hesse, Germany, won nearly 88 million euros in the Eurojackpot lottery. This is the second-largest lottery win ever in the state of Hesse. The winning ticket was purchased just minutes before the deadline on February 11th.

sueddeutsche.de

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Jan 9, 16:11

Record Lottery Spending in Baden-Württemberg Reaches \1.14 Billion

Baden-Württemberg residents spent a record \1.14 billion on lottery tickets in 2024, a 4% increase driven by the Eurojackpot's rising popularity and online sales growth; the state received over \437 million in revenue.

Record Lottery Spending in Baden-Württemberg Reaches \1.14 Billion

Baden-Württemberg residents spent a record \1.14 billion on lottery tickets in 2024, a 4% increase driven by the Eurojackpot's rising popularity and online sales growth; the state received over \437 million in revenue.

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How did the popularity of different lottery games (Eurojackpot vs. Lotto 6aus49) influence the overall spending?

The rising popularity of the Eurojackpot, with its potential for massive jackpots, is the main driver behind the record lottery spending in Baden-Württemberg. Higher online participation further boosted overall sales. While Lotto 6aus49 remains a popular choice, its market share is declining compared to the Eurojackpot.

cbsnews.com

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Dec 25, 07:05

Unclaimed $1 Billion Mega Millions Jackpot Soars to $1.15 Billion

No one won the $1 billion Mega Millions Christmas Eve jackpot, resulting in a record-breaking $1.15 billion estimated jackpot for Friday night's drawing; this is the third win of 2024 and the seventh largest in history; ticket prices will double in April 2025.

Unclaimed $1 Billion Mega Millions Jackpot Soars to $1.15 Billion

No one won the $1 billion Mega Millions Christmas Eve jackpot, resulting in a record-breaking $1.15 billion estimated jackpot for Friday night's drawing; this is the third win of 2024 and the seventh largest in history; ticket prices will double in April 2025.

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What are the immediate consequences of the unclaimed $1 billion Mega Millions jackpot?

The $1 billion Mega Millions Christmas Eve jackpot went unclaimed, resulting in a soaring $1.15 billion estimated jackpot for Friday's drawing. This marks the third Mega Millions win this year, the fewest in a single year since 2002, and continues a trend of increasing jackpots.

cbsnews.com

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Dec 23, 22:08

Mega Millions Jackpot Reaches Nearly \$1 Billion for Christmas Eve Drawing

The Mega Millions lottery jackpot has reached an estimated \$970 million (\$439.9 million cash) for the Tuesday, December 24 drawing; this is only the third jackpot won in 2024, and the odds of winning are 1 in 302,575,350.

Mega Millions Jackpot Reaches Nearly \$1 Billion for Christmas Eve Drawing

The Mega Millions lottery jackpot has reached an estimated \$970 million (\$439.9 million cash) for the Tuesday, December 24 drawing; this is only the third jackpot won in 2024, and the odds of winning are 1 in 302,575,350.

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What is the current Mega Millions jackpot amount, and when is the drawing?

The Mega Millions lottery jackpot has reached an estimated \$970 million, with a cash value of \$439.9 million. This is the seventh largest jackpot in the game's history and the drawing will take place on Christmas Eve. The odds of winning are 1 in 302,575,350.

cnn.com

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Dec 21, 10:08

Mega Millions Jackpot Hits Record $944 Million for Christmas Eve Drawing

The Mega Millions lottery jackpot has soared to $944 million for Tuesday's Christmas Eve drawing, the largest December prize ever, exceeding Friday's $862 million; five tickets won $1 million each by matching five numbers.

Mega Millions Jackpot Hits Record $944 Million for Christmas Eve Drawing

The Mega Millions lottery jackpot has soared to $944 million for Tuesday's Christmas Eve drawing, the largest December prize ever, exceeding Friday's $862 million; five tickets won $1 million each by matching five numbers.

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What is the current Mega Millions jackpot amount, and what are the immediate consequences of this record-breaking prize?

The Mega Millions lottery jackpot has reached a record-breaking $944 million for Tuesday's drawing, exceeding the previous December record. Five tickets matched five numbers, each winning $1 million, while no ticket matched all six numbers in Friday's drawing. This is part of a "most unusual jackpot year," with multiple jackpots exceeding $500 million.

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