$50 Million Super 6 Lotto Jackpot is Nation's Largest.MIDDLETOWN, Pa.--(BUSINESS WIRE)--Nov. 15, 1999-- Sales Increase As Jackpot Grows Pennsylvania Lottery The Pennsylvania Lottery is the state lottery of the Commonwealth of Pennsylvania. It was created by the Pennsylvania Legislature on August 26, 1971 and that October, Henry Kaplan was appointed as its first Executive Director. The Lottery premiered on March 7, 1972. officials today announce that the Super 6 Lotto jackpot will have an annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. value of $50 million and a cash value of $25 million for the Wednesday, November 17, 1999, drawing. Currently, Pennsylvania has the nation's largest Lottery lottery, scheme for distributing prizes by lot or other method of chance selection to persons who have paid for the opportunity to win. The term is not applicable when lots are drawn without payment by the interested parties to determine some matter, e.g. jackpot. The holder of a single winning ticket from Wednesday's drawing would be paid more than $1.9 million a year over the next 26 years if that player decided to take his or her prize as an annuity. To play Super 6 Lotto, players select six numbers from a field of one to 69. Super 6 Lotto features three plays for $1. Players may select their own set of numbers on the first play of each ticket or opt to have a "quick pick" computer-selected method for all three plays. The second and third plays automatically will be selected using the quick pick method regardless of how the first play is selected. Players must match all six numbers with those drawn by the Lottery to win the jackpot prize. The player's choice
Player's Choice is a marketing label utilized by Nintendo to promote video games on Nintendo game consoles which have sold many copies; Player's of the 26-year annuity or the advertised cash value must be determined prior to the ticket purchase. The Pennsylvania Lottery remains the only state Lottery A game of chance operated by a state government. Generally a lottery offers a person the chance to win a prize in exchange for something of lesser value. Most lotteries offer a large cash prize, and the chance to win the cash prize is typically available for one dollar. that exclusively targets its proceeds to benefit older citizens. Since inception 27 years ago, the Lottery has contributed approximately $11 billion to programs that have expanded to include Property Tax and Rent Rebates, free and reduced-fare transit for older Pennsylvanians, a co-pay prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, program (PACE and PACENET) and the 52 Area Agencies on Aging, including 676 Senior Centers, located throughout the Commonwealth. Players must be 18 years of age or older. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion