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$55 Million Jackpot!


MIDDLETOWN Middletown, cities, United States
Middletown.

1 Industrial city (1990 pop. 42,762), Middlesex co., central Conn., on the west bank of the Connecticut River; settled 1650, inc. 1784, town and city consolidated 1923.
, Pa.--(BUSINESS WIRE)--Nov. 18, 1999--

Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York  Lottery's Super 6 Lotto is nation's largest

jackpot and it keeps rolling

Due to significant player support, the Pennsylvania Lottery's Super 6 Lotto jackpot for Saturday Saturday: see week; Sabbath.  night's drawing has risen to a minimum 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 $55 million and a minimum cash option value of $27.5 million.

At $55 million, Pennsylvania can boast the 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 in the nation.

Lottery officials suggest that players purchase their Super 6 Lotto tickets for Saturday's drawing as early as possible to avoid the peak sales periods that usually occur during drive-home time.

Lottery retailers experience increased play when the jackpot is this large. Super 6 Lotto ticket purchases must be made prior to 6:57 p.m. Saturday for that night's drawing. Players also are reminded that Super 6 Lotto tickets may

be purchased up to 13 weeks (26 drawings) in advance.

August 14, 1999, was the last time that Super 6 Lotto's top jackpot prize was won. Two players split the top prize that was worth over $46 million annuity value and $23 million cash value. Each had selected the cash option jackpot value at the point of purchase and each received over $11.7 million cash. The Super 6 Lotto jackpot has been growing in the 14 weeks since that drawing.

To play Super 6 Lotto, players select six numbers from a field of one to 69. Players must match all six numbers with those drawn by the Lottery to win the jackpot prize. The 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.  also pays players who match five-, four- and three-of-six winning numbers. Players get three plays for each $1 ticket.

With two drawings per week - Wednesday and Saturday - and 52 percent of Super 6 gross sales Gross Sales

A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge.
 allocated to the total prize pool, Super 6 Lotto rolls to larger jackpots faster. Of the 52 percent of gross sales, 76 percent is dedicated to the top jackpot prize.

Pennsylvania Lottery players must be 18 years of age or older. All Lottery proceeds benefit older Pennsylvanians.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 18, 1999
Words:338
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