Search

North Carolina Lottery approves online instant gamesNews Story
Additions to digital lottery games and sports betting sweeping the state By Kate Northrop The North Carolina Lottery has officially approved online instant games, to go into effect later this year. On Tuesday evening, the North Carolina Education Lottery Commission voted to expand its game repertoire by starting to offer digital instant games online. North Carolina lottery players may start to see new online lottery games beginning this fall or as early as Nov. 15, 2023. Inst
Aug 19, 2023, 5:22 pm - Todd - Lottery News

One ticket sold in Florida is sole winner of $1.58 billion Mega Millions jackpotReply
Including duplicate tickets, 57% percent of all the MM combos were sold so based on sales, only one winning ticket was expected. The July 29, 2022 $1.28 Billion jackpot had twice as many tickets sold. It's possible sales for the billion dollar jackpots are down because there is usually only one winning ticket. Both Michigan and Massachusetts discontinued games where when jackpots reached a prize level, the excess money was paid out to secondary prizes. It wasn't the same as having multiple j
Aug 10, 2023, 6:32 pm - Stack47 - Lottery News

$820 MILLION: Massive Mega Millions drawing set for TuesdayReply
If the interest rates didn't change, the reduced cash would mean that the annuity would also be smaller by about $7 million so I only see two possibilities. One is that they actually revised the sales estimate downward and the interest rate somehow magically increased exactly enough that the annuity purchased at a higher interest rate is the same as the one they advertised based on having more cash to buy it . The other is that the interest rate went up a bit, and they worked backwards from the
Jul 25, 2023, 10:21 pm - KY Floyd - Lottery News

$1 BILLION: Powerball jackpot hits milestone for 3rd timeReply
It went from $875,000,000 to $900,000,000 The real increase was from an actual annuity of 830 to an advertised annuity of 900, which is 7/8 of the 750 to 830 increase from Wednesday to Saturday. The final tally for Monday was actually 922, which is fairly impressive considering that sales for a Monday drawing have only been bigger than sales for the previous Saturday once. The jackpot should be around $1.6 - $1.9 There is no should. The jackpot is determined by how many tickets are
Jul 18, 2023, 4:36 pm - KY Floyd - Lottery News

$975 MILLION: Massive Powerball jackpot increases againNews Story
Easter sales dip might be holding it back By Todd Northrop The near-billion-dollar Powerball jackpot grew again last night, but perhaps not as much as it would have if this weren't Easter weekend. The latest increase of the current lengthy Powerball jackpot run comes after nobody won last night's drawing, sending the Monday jackpot ever closer to heights that once seemed unattainable for a lottery game. Monday's Powerball jackpot is currently estimated at $975 million, with a lu
Mar 31, 2024, 9:07 am - Todd - Lottery News

Lottery Post's guide to 2023 holiday raffles across the USANews Story
U.S. states to host annual holiday raffles this year Montana Millionaire raffle tickets sell out in five hours By Kate Northrop Within a mere five hours of sales for Montana's Millionaire raffle going live, all 380,000 tickets were sold out. This year marked an unheard-of demand for the Montana Millionaire raffle, even more so than the unprecedented response that Montana Lottery officials saw to their statewide raffle last year. For reference, tickets sold out in 29 hours after g
Nov 2, 2023, 7:16 pm - Todd - Lottery News

$935 MILLION: Powerball lottery jackpot nears billion-dollar milestoneReply
I feel this pot going to climb into the top 3 Maybe, but it needs to almost double, to about 1.815 billion to be in the real top 3, based on the current cash:annuity ratio. It will reach a billion by Saturday for sure. That would require actual sales to be almost twice as much as the original forecast. Call me crazy, but I think that seems just a tiny bit unlikely. Considering the odds are even higher for mega millions than they are for Powerball ... The very high odds for
Mar 29, 2024, 4:48 pm - KY Floyd - Lottery News

Mississippi Lottery passes $2 billion in gross salesNews Story
Since the first tickets were sold in November 2019, the Mississippi Lottery has passed $2 billion in gross sales. These four years have passed in a flurry of excitement and growth, said Mississippi Lottery Corp. President Jeff Hewitt. Reaching the $2 billion mark is an incredible accomplishment, and we are excited about continuing our growth and success into year five. MLC has returned more than $500 million to the state for roads, bridges and education. More than $377 million has gone
Jan 18, 2024, 6:59 am - Todd - Lottery News

$1.4 BILLION: Powerball jackpot juggernaut keeps rollingReply
It looks like the cash amount for tmrw is being reduced to 614 from 643. They are just being cautious. They're not being cautious. They're failing at accurately predicting sales. Higher interest rate means less cash needed to earn same amount. Higher interest rates mean the same amount of cash can buy a bigger annuity. The $1.4 billion annuity they're advertising was originally based on each dollar of cash buying $2.175 of annuity and having $643.7 million in cash. Rates have ch
Oct 6, 2023, 10:28 pm - KY Floyd - Lottery News

Virginia woman wins $50,000 Pick 5 prize on first-ever lottery ticketReply
You are required to have your picture taken and they are allowed to promote it. You are not required to be overly exuberant about it or have to explain or concoct some story about how or why you won to help future sales for them and make yourself well known and a potential target for bilkers.
May 10, 2024, 10:44 am - billybucks - Lottery News