SuperLOTTO Plus Jackpot Reaches $81 Million; Largest Single State Lottery Prize in the Nation.SACRAMENTO, Calif. -- 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. officials announced SuperLOTTO Plus(R) jackpot for the drawing tonight, Wednesday, January 12, 2005 at $81 million. A jackpot of $81 million can be a dream come true for those who love cars. On August 28, 2004 Diane Adams, Walter Adams, Walter (Sydney) (1876–1956) astronomer; born in Antioch, Syria. Born to American missionary parents, he studied at Dartmouth College and then worked under George Hale at Yerkes Observatory at the University of Chicago (1900–04). Tracy and George Szabo split a $100 million prize. Each winner received $33.3 million. One of those winners reported that after helping out their family they purchased three new cars they'd always dreamt of owning... a Lamborghini, a Mercedes and a Ferrari. Dan Lattimore who won $13 million in 1995 said, "Some people are clothes horses...I'm a car horse, so I own four cars. I've always wanted a Porsche and I recently bought one." Lattimore commented that the new Porsche is in addition to his two Mercedes cars and pick-up truck he uses to work around his home. Pat Frierson who won $91 million in 2003 bought her dream blue corvette corvette, small warship, classed between a frigate and a sloop-of-war. Corvettes usually were flush-decked and carried fewer than 28 guns. They were widely employed in escorting convoys and attacking merchant ships during the great naval wars of the late 18th and directly from the factory in Detroit and had the car shipped to her home in California. Another great story includes an $88 million winner who split her winnings with 13 Starbucks co-workers. Mary Champagne was told by her financial advisor to "go out and spend some money!" Mary decided on a new BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. ..."It's the smoothest ride I've ever had. I love my car." A single jackpot winner of $81 million choosing annual payments would receive 26 annual payments with the first payment being more than $2 million and the 26th payment being more than $4.1 million before federal withholding Withholding Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds. Notes: In other words, these funds are "withheld" from your wages. . The estimated cash value would equal roughly half of the jackpot or $40.5 million, the amount the Lottery would invest to payout pay·out n. 1. The act or an instance of paying out. 2. A percentage of corporate earnings that is paid as dividends to shareholders. the jackpot prize over 26 years. California education and businesses will benefit as well. A retailer who sells a single winning $81 million ticket would receive a $405,000 bonus for selling the winning ticket and California's public schools will receive more than $50 million from the draw sales associated with this jackpot. SuperLOTTO Plus can be played at approximately 18,000 retail business establishments around California. The SuperLOTTO Plus draw takes place each Wednesday and Saturday night at 7:58 p.m. Players may purchase tickets until 7:45 p.m. on the night of the draw. Note: For additional information on the California 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. , access www.calottery.com. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion