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$422 MILLION: Powerball climbs again on rollover

July 24, 2016, 11:26 am ET

8th-largest cash value in US history

By Todd Northrop

This week Powerball will be the hot ticket, featuring a lump-sum cash payout of nearly $300 million.

The new high-water mark of $422 million for the current Powerball annuity jackpot estimate was achieved after no winning tickets were sold for Saturday night's $391.1 million grand prize.

The lump-sum cash payout value of Wednesday's Powerball jackpot is $290 million — the 8th-largest ever recorded in United States lottery history.  (See top 25 annuity and cash values below.)


Alabama lawmaker pushing for lottery vote on Nov. ballot

July 21, 2016, 8:39 am ET

A lottery vote in Alabama in November? One lawmaker says he wants that to be a reality.

Several lottery bills didn't make it to a vote this past legislative session.

Governor Robert Bentley says a special session is possible this fall, to deal with funding issues with Medicaid.

But one senator, Jim McClendon of Montgomery, says he wants to use that session to pass a lottery bill.

McClendon says he hasn't released any copies of the bill, but says if the session is called in time, he could be able to get a vote on creating a lottery during the November presidential election.

Georgia Lottery

Georgia Lottery transfers record-breaking $1.097B to education

July 21, 2016, 6:19 am ET

The Georgia Lottery has transferred a record-breaking $1,097,567,000 to education for the 2016 fiscal year.

Lottery officials said this is the first time the Georgia Lottery has transferred more than $1 billion in a single fiscal year, and it is the largest educational transfer in the lottery's 23-year history.

"We appreciate the commitment from our dedicated lottery and COAM retailers, players, vendor partners and employees. We are grateful to our board of directors for their leadership and guidance," said Debbie D. Alford, president and CEO of the Georgia Lottery. "We're proud to have reached the extraordinary milestone of raising over $1 billion for HOPE and Pre-K."

Pennsylvania Lottery

Pennsylvania lottery winners now subject to state tax on prizes

July 20, 2016, 10:43 am ET

The small number of states that don't tax lottery prizes has just shrunk by one state.


California co-winners of $1.6B Powerball jackpot finally come forward

July 19, 2016, 4:23 pm ET

Six months after someone in California was announced a co-winner in the historic $1.6 billion Powerball jackpot, the mystery buyer has finally been revealed — and it's a couple who were laying low on purpose, lottery officials said.


$361 MILLION: Powerball rolls again

July 17, 2016, 10:51 pm ET

This week Powerball will be the hot ticket, currently featuring the largest lottery jackpot in the world.


$333 MILLION: Powerball offers up summertime riches

July 14, 2016, 11:14 am ET

This month it's not just the weather and backyard barbecue that've been hot — Lottery jackpots also continue to sizzle.

Connecticut Lottery

Connecticut men charged with rigging machines in lottery scheme

July 13, 2016, 7:03 pm ET

State authorities continue to investigate the rigging of a Connecticut Lottery game they say increased the number of winning tickets and the payout to retailers.


Three lottery tickets worth $50,000 each go unclaimed in Virginia

July 13, 2016, 6:53 pm ET

No one came forward to claim three separate Virginia lottery tickets that were each worth $50,000, so the money now goes to a state fund for educational uses.

West Virginia Lottery

WV Lottery officials keeping eye on PA internet gambling bill

July 12, 2016, 11:06 pm ET

West Virginia Lottery officials are closely monitoring legislation making its way through the Pennsylvania General Assembly that would significantly expand legalized gambling in that state.

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