Lottery jackpots may get bigger
$1 billion? Not as crazy as it sounds
The Powerball lottery that provided a lucky Rhode Island ticket holder $336.4 million could soon produce jackpots of $500 million or more.
Saturday's winner, who purchased a ticket at a Newport Stop Shop, has yet to be identified. But the sixth-largest lottery ticket in U.S. history worth about $210 million as a lump-sum payment could eventually seem like chump change.
Had no one picked Saturday's six-number winning combination, the Powerball ticket ...
Yesterday, 10:09 pm - Lottery News forum
$336 million Powerball ticket sold at R.I. supermarket
By Todd Northrop
Rhode Island Lottery officials say the winning ticket in Saturday's $336.4 million Powerball jackpot was sold at a Stop Shop supermarket at 250 Bellevue Avenue in Newport.
The winning Powerball ticket was the only one that matched all five numbers plus the Powerball number Saturday to win what turned out to be the sixth-largest jackpot in US history the third-largest ever won by a single ticket.
Officials said Monday that no one has come forward yet to claim the prize, ...
Yesterday, 11:03 am - Lottery News forum
$325 MILLION: Powerball lottery jackpot increased before draw date
Will set US all-time record if no winner Saturday
By Todd Northrop
As a result of brisker than expected ticket sales, lottery officials announced today that the Powerball jackpot has been raised from $310 million to $325 million for Saturday's drawing.
The jackpot increase immediately launched Saturday's drawing to #9 on the United States all-time biggest jackpots list. It will be the third-largest Powerball jackpot ever. The jackpot's $202.9 million cash option is the highest in Powerb ...
Feb 10, 2012, 4:31 pm - Lottery News forum
$310 MILLION: Powerball lottery jackpot in rare territory
By Todd Northrop
For only the 13th time in the history of United States lotteries, a lottery jackpot run-up has crossed into $300 million+ territory.
The new high-water mark of $310 million for the current Powerball jackpot was achieved after no winning tickets were sold for Wednesday night's $250 million grand prize.
The lump-sum cash payout value of Saturday's Powerball jackpot is $193.4 million.
The mammoth prize is the result of 13 draws without a winner. The run-up started as a ...
Feb 9, 2012, 7:43 am - Lottery News forum
$250 MILLION: Powerball lottery jackpot ramps up
By Todd Northrop
There was no jackpot winner in the Saturday night drawing of the multi-state Powerball game, causing the grand prize to increase to an estimated $250 million for Wednesday's drawing.
Saturday was the 12th consecutive drawing without a jackpot winner.
The estimated cash value for the new jackpot is $156 Million. After-tax cash and annuity prize amounts are reported state-by-state at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games ...
Feb 5, 2012, 7:50 am - Lottery News forum
$200 MILLION: New Powerball delivers huge lottery jackpot
By Todd Northrop
There was no jackpot winner in the Wednesday night drawing of the multi-state Powerball game, causing the grand prize to increase to an estimated $200 million for Saturday's drawing.
Wednesday was the 11th consecutive drawing without a jackpot winner the fifth since the game format, prizes, and price changed.
The estimated cash value for the new jackpot is $125.1 million. After-tax cash and annuity prize amounts are reported state-by-state at USA Mega, a web site devote ...
Feb 2, 2012, 7:18 am - Lottery News forum
Iowa Legislators satisfied with Lottery's handling of mystery jackpot winner
State lawmakers gave Iowa Lottery officials high marks Tuesday for the way they handled the mysterious circumstances surrounding a winning Hot Lotto jackpot that went unclaimed when attorneys representing a trust that turned in a valid ticket withdrew a claim for the multimillion-dollar prize last week.
That's the damndest thing I've every heard of, Sen. Tom Courtney, D-Burlington, said after lottery officials walked members of the Legislature's Oversight Committee through a 13-month saga th ...
Feb 1, 2012, 7:43 am - Lottery News forum
Connecticut lottery winners settle $1 million battle
Money doesn't always buy happiness especially when it involves two friends fighting over a winning Powerball ticket.
Last week, Armando Martins, a drywall installer from Trumbull and Nino Nascimento, a local mason, agreed to settle their three-year legal battle in state Superior Court over a $1 million winning ticket.
Under the terms of the settlement, reached before Judge Barbara Bellis, Martins will get $630,000 while Nascimento gets $370,000.
Both Martins and Nascimento declined comm ...
Jan 30, 2012, 7:41 am - Lottery News forum
$14.3 million Hot Lotto prize claim withdrawn
Includes video report
Someone really doesn't want to be a multimillionaire.
Crawford Shaw, the enigmatic 76-year-old New York attorney who represented a trust attempting to claim a Hot Lotto jackpot worth as much as $14.3 million, abruptly withdrew any claim to the money Thursday evening.
Apparently even Shaw doesn't know the identity of the person or persons behind Hexham Investments Trust, the group that sought the prize. Shaw told Iowa Lottery officials that the trust was a corporati ...
Jan 27, 2012, 7:16 pm - Lottery News forum
Mass. Lottery ends game that was exploited by high-rollers
State will add New England multi-state game in March
By Todd Northrop
Massachusetts lottery players looking to buy Cash WinFall tickets this week had their last chance on Monday, the game's final drawing.
The canceled game was the talk of the lottery industry last year, when it was revealed that a small group of high-rollers had identified a weakness in the game's prize structure that would occasionally make the payouts astronomical for players who could afford to wager huge amounts of ...
Jan 27, 2012, 7:57 am - Lottery News forum
