Christmas Day Powerball Jackpot at $280 Million!Business Editors MIDDLETOWN, Pa.--(BUSINESS WIRE)--Dec. 23, 2002 No ticket correctly matched the winning numbers in Saturday night's drawing, increasing the Powerball(R) jackpot to an estimated $280 million! The cash option for the Wednesday, December 25, 2002, drawing is an estimated $151.4 million. The current Powerball(R) jackpot is the largest prize - cash or 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. - ever offered by 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. in its nearly 31-year history. The $280 million jackpot is the third largest Powerball(R) jackpot in history and would rank fifth among the world's all-time largest jackpots. The Powerball(R) jackpot for the Wednesday, December 25, 2002, drawing is the largest Powerball(R) jackpot this year ... and currently is 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 world. Powerball(R) is sold in 25 jurisdictions - 23 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and the Virgin Islands. The Pennsylvania Lottery advises players to purchase their Powerball(R) tickets early to avoid the last-minute rush and also reminds them to play responsibly. The winning numbers in the December 21, 2002, Powerball(R) drawing were 05-22-34-39-52; the Powerball(R) was 30. All players who purchased the PowerPlay(R) option for Saturday night's Powerball(R) drawing saw their cash prize winnings increase five times when the number "5" was selected as the PowerPlay(R) number. 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 had nine 5 -of- 5 winners and two of those winners powered-up and won a total of $500,000 each. In the 51 drawings conducted since the Pennsylvania Lottery joined Powerball(R), the number "5" has been selected as the PowerPlay(R) number 22 times. In Pennsylvania, there were 431,928 winning plays sold for the December 21 Powerball(R) drawing, of which 49,449 selected the PowerPlay(R) option. Each winning PowerPlay(R) ticket for Saturday's drawing receives 5 times the standard cash prize for its respective category. In Pennsylvania, Powerball(R) players who "powered up" with PowerPlay(R) for the December 21, 2002, drawing will receive total additional winnings of $1,745,244! 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 designates its proceeds to benefit older citizens. Since inception nearly 31 years ago, the Lottery has contributed $12.9 billion to programs that have expanded to include property tax and rent rebates, free and reduced fare transit for older Pennsylvanians, a co-pay Co-pay A type of insurance policy where the insured pays a specified amount of out-of-pocket expenses for health-care services such as doctor visits and prescriptions drugs at the time the service is rendered, with the insurer paying the remaining costs. 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 650 full- and part-time senior centers, located throughout Pennsylvania. Players must be 18 years of age or older. |
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