Connect with us

Hi, what are you looking for?

News WeekNews Week

World

One winner of Mega Millions $1B prizes; 3rd most significant ever in the US

One winner of Mega Millions $1B prizes; 3rd most significant ever in the US

DES MOINES, Iowa — One winning ticket was sold in Michigan for the $1 billion Mega Millions jackpot, rendering it the third-largest lottery prize in U.S. history.

The winning numbers were drawn Friday are 4, 26, 42, 50, 60, and a Mega Ball of 24.

The Mega Million’s top prize had been growing since Sept. 15, when a winning ticket was sold in Wisconsin. The lottery’s next estimated jackpot is $20 million.

Friday night’s drawing comes two days after a solution sold in Maryland matched all six numbers drawn and won a $731.1 million Powerball jackpot.

Only two lottery prizes in the U.S. have already been more significant than Friday’s jackpot. Three tickets for a $1.586 billion Powerball jackpot were sold in January 2016, and one winning ticket sold for a $1.537 billion Mega Millions jackpot in October 2018.

The jackpot figures refer to amounts if a winner opts for an annuity, paid in 30 annual installments. Most winners choose an income prize, which for the Mega Millions jackpot is $739.6 million.

The odds of winning a Mega Millions jackpot are steep at one in 302.5 million.

The game is played in 45 states and Washington, D.C., and the U.S. Virgin Islands.

Advertisement. Scroll to continue reading.

Coloradans watched while the Powerball and Mega Millions of jackpots broke records last month. Together, the banks were worth a total of $1.7 billion. From Jan. 2 to 22 (when the Mega Millions was won), the Colorado Lottery sold $33,624,612 worth of Powerball and Mega Millions of tickets.

That is a 526% increase from the same time last year. On CBSN Denver, we talked to the director of the Colorado Lottery, Tom Seaver.

these jackpots are a huge deal because they help several different audiences,” says Seaver. “It is exciting for our players. It is also exciting for our beneficiaries because they received over $13 million in additional revenue. Finally, it’s advantageous to our retailers because they receive commissions on the tickets they sell, and they received over $2 million in additional commission.”

A complete of $13,113,599 from ticket sales should go directly to Lottery beneficiaries. Of the, Great Outdoors Colorado receives half ($6,556,800), the Conservation Trust Fund gets 40% ($5,245,440), and Colorado Parks and Wildlife receives 10% (1,311,359). Once Great Outdoors Colorado reaches its cap of funding from the lottery, remaining funds visit Building Excellent Schools Today.

Businesses that sell the tickets are big winners too.

“We have about 3,000 retailers around Colorado that sell lottery tickets, and they could obtain a commission once they sell a lottery ticket. In addition, they will get an additional commission once they shell out prizes. So, there are always a handful of techniques being a lottery retailer is wonderful for their business.”

Colorado has not had a giant Mega Millions winner since its inception, but it has already established three Powerball jackpot winners. Someone in Clifton won $133 million in 2017, a success got $90 million in 2014, and a winning ticket sold in Westminster got the winner $20 million back in 2007.

“It’s just tremendously advantageous to Colorado once we have these big jackpots. It is also important. Remember, though, we’ve our own in-state game: Colorado Lotto Plus. The jackpot is $3.4 billion for tomorrow night. And while that’s much less exciting as $700 million, it still will make an impact in somebody’s life.”

The Mega Millions and Powerball jackpots reached a mixed $1.736 billion before winning numbers were drawn on Jan. 22 for Mega Millions.

Neither of the big winners came from Colorado. However, the record rise of the jackpots did end in wins for Colorado. From businesses to players and the beneficiaries that support the outdoors and schools.

Advertisement. Scroll to continue reading.

Based on a release from the Colorado Lottery on Tuesday, the run from Jan. 2 – 22 when Mega Millions was won, the Colorado Lottery sold $33,624,612 in Powerball and Mega Millions of tickets alone, a more than 526% increase from the same time frame last year.

Of the tens and thousands of tickets sold, big winners ranged from $10,000 – $1 million, in line with the Colorado Lottery.

The Colorado Lottery announced the following winning tickets sold in our state through the historic jackpot run:

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement
Advertisement
Advertisement

You May Also Like

Entertainment

Legendary Bollywood actor Dilip Kumar — one of many biggest stars in the golden age of Indian cinema from the 1940s to the 1960s...

Social Media

Online platforms come and go with some sticking around for the long haul and some falling by the wayside. Some of the most popular...

World

Pakistan’s press landscape has transformed beyond recognition between the first and twentieth years of this millennium. Starting essentially with an electronic state stranglehold centered...

Business

COVID-19 has posed many issues in the last year and a half for a lot of the world. Unfortuitously, many B2B small and medium-sized...

Advertisement