The Mega Millions winning ticket for the $1.35 billion jackpot was sold in Maine. Here are disappointing stories that reveal what it's really like to win the lottery.
Someone won the $1.35 billion jackpot from a ticket purchased in Maine. While winning the lottery can change your life, here are the downsides.
news.yahoo.comValuable winning lottery ticket could be in your coat pocket
As players buy Mega Millions tickets ahead of Friday night’s drawing, lottery officials throughout the country say that every year players miss out on millions of dollars in prizes they either don’t realize they have won or decline to cash in, figuring the trouble isn't worth a small payoff. People nearly always show up for the biggest prizes, but million-dollar payoffs have been waiting for months to be claimed in Texas, Iowa, Minnesota, Michigan and Washington state. “Millions of dollars in California Lottery prize money go unclaimed each year — something I don’t think a lot of people realize,” said Carolyn Becker, a deputy director of the California Lottery.
news.yahoo.com4 people in Michigan won January $1.05B Mega Millions prize
In this Feb. 26, 2021, photo provided by the Michigan Lottery, attorney Kurt Panouses poses with a check on behalf of the winners of a Mega Millions lottery jackpot in Lansing, Mich. Four people in a suburban Detroit lottery club have won a $1.05 billion Mega Millions lottery jackpot and will share $557 million after taxes. (Michigan Lottery via AP)DETROIT – A four-member suburban Detroit lottery club won a $1.05 billion Mega Millions jackpot and will receive $557 million after taxes, officials said Friday. After taxes, the $776 million payment was reduced to about $557 million, the Michigan Lottery said. The $1.05 billion jackpot was the largest in Michigan Lottery history and the third-largest in the United States. Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands.
Michigan Mega Millions ticket wins $1.05 billion jackpot
The jackpot for the Mega Millions lottery game has grown to $1 billion ahead of Friday night's drawing after more than four months without a winner. (AP Photo/Keith Srakocic)DES MOINES, Iowa – Someone in Michigan bought the winning ticket for the $1.05 billion Mega Millions jackpot, which is the third-largest lottery prize in U.S. history. The winning ticket was purchased at a Kroger store in the Detroit suburb of Novi, the Michigan Lottery said. The Mega Millions top prize had been growing since Sept. 15, when a winning ticket was sold in Wisconsin. 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.
$1B Mega Millions prize a result of long odds, slow sales
A patron, who did not want to give his name, uses the lottery ticket vending kiosk at a Smoker Friendly store to purchase tickets for the Mega Millions lottery drawing, Friday, Jan. 22, 2021, in Cranberry Township, Pa. The jackpot for the Mega Millions lottery game has grown to $1 billion ahead of Friday night's drawing after more than four months without a winner. It’s only the third time a lottery jackpot has grown so large, but much has changed since the last time such a big prize was up for grabs in 2018. After a peak in October 2018, Medenica said sales of the big lottery games dropped about 50%, prompting talk among lottery officials about jackpot fatigue. It’s hard to fathom how unlikely it is to beat odds of one in 292.2 million for Powerball or one in 302.5 million for Mega Millions.
Hard-luck Maryland town gets a $731.1 million Powerball win
Just who will collect the Powerball prize may never be known: Maryland is one of the states that allow winners to remain anonymous. The Powerball jackpot came only a day after nobody won the $970 million Mega Millions prize, the third-largest prize in U.S. history. The biggest prize was a $1.58 billion Powerball jackpot won by three people in 2016. Most winners opt for cash prizes, which for Mega Millions would be $716.3 million and $546.8 million for Wednesday's Powerball. After the Powerball win, the new jackpot has a $15 million cash value.
Next up: $730M Powerball prize after no Mega Millions winner
The Powerball jackpot is the fifth-largest ever, and it will come only a day after nobody won the even-larger Mega Millions prize, which now stands at $970 million. The biggest prize was a $1.58 billion Powerball jackpot won by three people in 2016. Such a long stretch without a winner is rare but also reflects the incredibly small odds of winning — one in 292.2 million for Powerball and one in 302.5 million for Mega Millions. Most winners opt for cash prizes, which for Mega Millions would be $716.3 million and $546 million for Powerball. Mega Millions and Powerball are both played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands.
Powerball jackpot hits $730M as Mega Millions grows to $850M
If somehow you manage to take home the grand prize in both Mega Millions and Powerball, that’s a nearly $1.6 billion jackpot. If you choose to take the cash option -- you’re looking at a cool $1.1 billion or so. The Tuesday night Mega Millions drawing is the second-largest prize in the game’s history. The world record Powerball jackpot is the $1.586 billion drawing on Jan. 13, 2016, and the current Mega Millions record of $1.537 billion was drawn on Oct. 23, 2018. The jackpots listed by the lotteries are for winners who opt to be paid through an annuity over 30 years.
No winner! Powerball jackpot grows to $730M; Mega Millions to be $850M
If a lottery player strikes big in the next Powerball drawing on Wednesday, it would be the fifth-largest jackpot ever in the United States. No one beat the odds in Friday's Mega Millions drawing, so that jackpot grew to an estimated $850 million. It's been nearly two years since a lottery jackpot has grown so large. The estimated cash prize for the next Mega Millions jackpot is $628.2 million. Mega Millions and Powerball are both played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands.
What would you buy with the Powerball jackpot?
Going into Saturday, there was over $1 billion total up for grabs between Saturday’s Powerball drawing and the Mega Millions drawing on Tuesday. I would put a down payment on a house, if not pay for the whole house, I guess with that amount of money.”The Mega Millions jackpot is at $850 million before taxes, while the Powerball jackpot was at $640 million. There are many things that a person can buy, like a private island to party or just take a quick vacation. Or if you love Shad Khan’s yacht, you could buy one just like it for $200 million. It just costs you a couple dollars.”There are a million and one people things you can do if you win the jackpot, but the biggest problem would probably be saving money as a new millionaire.
Powerball and Mega Millions jackpots grow to combined $1.39B
FILE - In this Wednesday, Jan. 13, 2021, file photo, a customer shows off a Mega Millions lottery ticket after purchasing it, in Orlando, Fla. The next drawing for Mega Millions is Friday night, when a $750 million prize will be up for grabs. The next Mega Millions drawing is Friday night, when an estimated $750 million prize will be up for grabs. The drawing for an estimated $640 million Powerball jackpot will be Saturday night. Your odds of winning either jackpot is exceedingly small, at 1 in 292.2 million for Powerball and 1 in 302.5 million for Mega Millions.
Lottery jackpots exceed half a billion dollars each
Two lottery jackpots, the Mega Millions and Powerball, are each holding prize winnings for more than half a billion dollars. The Mega Millions stands at $750 million making it the fifth-largest jackpot in the game’s history. The largest-ever was when a ticket holder won more than $1.5 billion in South Carolina in 2019. With two life-changing prizes at stake again, people across the country are buying a ticket for a chance to win. The Powerball drawing is Saturday and the Mega Millions is Friday.