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NewsResults 131 - 140 of 577 for annuity. (0.04 seconds)

Powerball to lower jackpot starting point and increases due to plunge in sales
Coronavirus strikes again Today the Powerball Product Group announced it is making changes to the multi-state lottery game's jackpot due to sagging sales caused by the COVID-19 coronavirus. Following the next grand prize win, Powerball's starting jackpot will reset to a guaranteed $20 million (annuity) with minimum roll increases of $2 million between drawings. Previously the starting point was $40 million, with guaranteed $10 million increases between drawings that did not produce a ja
Mar 25, 2020, 5:57 pm - Lottery News

Michigan man claims $3.4M Lotto 47 jackpot
A Macomb County, Michigan, man has some planning to do after winning a $3.4 million Lotto 47 jackpot. The lucky player, who chose to remain anonymous, won the big prize when he matched all six Lotto 47 numbers drawn Feb. 8. The winning numbers drawn that evening were 6, 7, 12, 16, 18, and 46. He bought the winning ticket at the Victory Inn, located at 28950 Mound Road in Warren. I heard a winner had been sold at the Victory Inn, so I checked my ticket. Then I checked it again, and then
Feb 27, 2020, 5:54 am - Lottery News

Powerball $396.9 million winning lottery ticket sold in Florida
By Todd Northrop One lucky ticket sold in Florida matched all six numbers in the Powerball lottery drawing Wednesday night, according to lottery officials. That ticket ended up being worth $396.9 million, up from the estimated $394 million before the drawing. The winner will have an option to take a cash payment of $276.5 million instead of the annuity. The massive haul is the 28th-largest US lottery jackpot of all time, and the cash value is the 20th-largest of all time. (Full list is
Jan 30, 2020, 8:27 am - Lottery News

After answering what he thought was a robocall, N.C. man learns he won $1 million lottery prize
Malek Dabwan of Goldsboro got a call from lottery officials telling him he had won a prize, but he was skeptical at first, according to the North Carolina Education Lottery. I thought it was a robocall for a minute, Dabwan told lottery officials of the phone call. But then you said my name and I got excited. He went to claim his prize Wednesday and found out he had won $1 million in the lottery's $300,000,000 Supreme Riches Second-Chance drawing, according to the lottery. His ticket w
Dec 14, 2019, 3:20 pm - Lottery News

Connecticut man cashes in $21.3M lottery ticket
Connecticut's newest millionaire came forward Tuesday, cashing in a Lotto ticket worth a cool $21,365,302. William McLaughlin, of Danbury, claimed the top prize at Connecticut Lottery's headquarters in Rocky Hill. He purchased the $1 Lotto ticket, with winning numbers 1-9-10-15-41-43, at the Stop Shop on Lake Avenue Extension in Danbury. McLaughlin's six-number match was worth $25.8 million the third-largest Lotto jackpot in the state's history. Because McLaughlin took a Cash Lump Su
Nov 13, 2019, 9:11 pm - Lottery News

Massachusetts man wins $1M lottery for second time in 18 months
A Massachusetts man won his second $1 million lottery payout last week less than two years after drawing a lucky ticket for the first time. For the second time in 18 months, Rolf Rhodes of Mendon has won a $1 million prize on a Massachusetts State Lottery instant ticket. Rhodes won his most recent prize in the $4,000,000 Instant Jackpot instant game. He chose the annuity option on his prize and received the first of 20 annual payments of $50,000 (before taxes). He purchased his winning
Nov 4, 2019, 8:29 am - Lottery News

Mega Millions lottery winner worth $227 million sold in Texas
Update: Additional information about retailer and historical context By Todd Northrop A single ticket sold in Texas matched the winning numbers from Tuesday night's Mega Millions drawing and is worth an estimated $227 million. The Texas Lottery announced that the ticket was sold at the Lakeline Express Mart on 2004 N. Lakeline Boulevard in Cedar Park. The retailer is eligible to receive a $1 million retailer bonus for selling the jackpot-winning ticket, which was a quick pick. The ca
Sep 25, 2019, 8:14 am - Lottery News

$80 million Powerball jackpot lottery ticket sold in Michigan
A Michigan Lottery player won Saturday night's $80 million Powerball jackpot with a ticket bought in Suttons Bay, according to the Michigan Lottery. The winning ticket, bought at the Barrels Barrels Party Store in Suttons Bay in northern Michigan, matched the Powerball number 22, plus the day's winning numbers: 1, 9, 22, 36, and 68. Saturday's jackpot win is the fourth time a Michigan player has won the Powerball since the state began offering the game in 2010, the Michigan Lottery said.
Sep 23, 2019, 9:34 am - Lottery News

NC man glad he didn't throw away losing scratch-off lottery tickets
A North Carolina man was about to throw three scratch-off lottery tickets away after none of them won much. Then he saw the second-chance heading on the Colossal Cash tickets, according to a lottery news release on Thursday. Until I read that, I didn't even know there were second-chance drawings, Derrick Suber of Charlotte told NC Education Lottery officials. Suber entered his tickets into the $10,000,000 Colossal Cash Second-Chance Drawing on the lottery's website and won $1 million.
Jul 28, 2019, 8:41 am - Lottery News

New York Lottery joins Multi-State Lottery Association
The Board of Directors of the Multi-State Lottery Association (MUSL) has approved the New York Lottery's request for membership, with transitioning activities having started this week. The Multi-State Lottery Association was built by jurisdictional lotteries working together, said May Scheve Reardon, MUSL Board President and Missouri Lottery Executive Director. We look forward to continuing that spirit of collaboration with the New York Lottery as we further our mission of helping member lot
Jul 3, 2019, 3:40 pm - Lottery News