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Oregon Megabucks reaches record $25.5 million

Oregon LotteryOregon Lottery: Oregon Megabucks reaches record $25.5 million

When people walk through the door of Center Market looking for a few essentials these days, those essentials often include an Oregon Lottery ticket -- thanks to a record Megabucks jackpot.

"Usually, they come in for something else and buy the tickets as well," said Soni Singh, manager of the store near Center and 17th streets NE. "Today, they're just coming in for the tickets."

And they are buying them in bunches, Singh said. On Wednesday, one customer spent $125 on tickets; another spent $325. Late in the afternoon, one person bought $600 worth of tickets for a chance to win $25.5 million -- the largest Megabucks prize in the 19-year history of the Oregon Lottery.

"People are just buying them like crazy," Singh said.

No one won Wednesday's jackpot, which would have generated annuity payments of $683,000 per year for 25 years after taxes or a lump sum of $8.5 million after taxes. The jackpot will rise to $26.5 million on Saturday.

Lottery fever isn't expected to break until the jackpot is claimed.

"I'll typically buy one or two, though I don't play very often," said Tom Hageman of Salem as he left the store. "Now I'm spending $5 at a time."

The last Megabucks jackpot was won April 12 when a $15.6 million prize jackpot was won April 12, when a $15.6 million prize was awarded.

"The higher jackpots just generate more attention," said Oregon Lottery spokesman Chuck Baumann. "What will happen is people will stop by a store to get some milk or something and look at the jackpot and buy a ticket."

A month after the game started in November 1985, a daily sales record was set when more than $100,000 worth of tickets were sold. Sales have continued to grow ever since. On Wednesday, for example, more than 21,000 Megabucks tickets were sold in a single hour between 3 and 4 p.m.

Jayne Butler of Salem is one of those new players to the game, attracted by the large jackpot.

"This is the first one I've ever bought," she said. But Butler is feeling lucky. Her daughter was featured on an episode of "The Swan," and Butler herself was a winning contestant on the show "Queen for a Day," when she was younger.

Butler's hoping a jackpot will make her queen for a lifetime.

Statesman Journal

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8 comments. Last comment 12 years ago by CASH Only.
Page 1 of 1

United States
Member #3676
February 10, 2004
425 Posts
Offline
Posted: November 4, 2004, 4:57 pm - IP Logged

This is why Oregon is one of best lottery states in the country.  Wish I was out there to drop a few hundred on this.  All lottos should have a prize payout so good.

 

The more numbers you match, the more you win. Win prizes by matching 3, 4, 5, or 6 numbers on one line. Megabucks is a parimutuel game. Except for the 3 of 6 prize, the amount of the prizes is determined by the size of the prize pools and the number of winning tickets. Overall odds of winning a prize, 1:25. Estimated Prize payout is 75%.

    DoctorEw220's avatar - alien helmet.jpg
    Yinzer Country, PA
    United States
    Member #4067
    March 18, 2004
    2741 Posts
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    Posted: November 4, 2004, 5:19 pm - IP Logged

    plus, they guarentee that if you put down an extra dollar per play, you can multiply any winnings by four.

    I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

      DoctorEw220's avatar - alien helmet.jpg
      Yinzer Country, PA
      United States
      Member #4067
      March 18, 2004
      2741 Posts
      Offline
      Posted: November 4, 2004, 5:19 pm - IP Logged

      and it's 3 drawings a week, instead of the usual 2.

      I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

        weshar75's avatar - Lottery-042.jpg
        Mcminnville, Oregon
        United States
        Member #3013
        December 13, 2003
        3047 Posts
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        Posted: November 4, 2004, 5:21 pm - IP Logged

        Got 4 0f 6 last draw for 172.80 because of the kicker option.  Made me happy.


          United States
          Member #379
          June 5, 2002
          11296 Posts
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          Posted: November 5, 2004, 1:44 pm - IP Logged

          weshar:

          Are you sure the prize pool is 75% of sales? (NY Lotto 6/59 pays back only 38%-40%)


            United States
            Member #3676
            February 10, 2004
            425 Posts
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            Posted: November 5, 2004, 2:54 pm - IP Logged

            That was copy and pasted from the webpage.

              dvdiva's avatar - 8ball

              United States
              Member #2338
              September 17, 2003
              2063 Posts
              Offline
              Posted: November 7, 2004, 6:49 pm - IP Logged

              i'm skipping monday's drawing but will get tickets for wends. and sat. drawings. Now its 27 million for monday


                United States
                Member #379
                June 5, 2002
                11296 Posts
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                Posted: November 8, 2004, 9:41 am - IP Logged

                "Orgeon"?