|Posted: January 17, 2009, 12:28 pm - IP Logged|
Last night the estimated Florida MegaMoney jackpot was $900,000. The game is parimutuel, so the jackpot is based on the number of tickets sold. It had rolled from $500,000 to $700,000 and then to $900,000. The winner has a choice of a lump sum or $45,000 a year for 20 years.
One person hit last night right here in Naples and this is the press release. I just thought it was interesting, since that might be the cash value (before tax) I've never seen this before, so maybe it's an error. In Florida, the cash value is never announced until the ticked is validated, since annuity rates change. In the past, whenever someone chose annual payments, they didn't even announce the cash value.
The Florida Lottery announced today that one player matched all four numbers plus the MEGABALL™ in the Friday, January 16, MEGA MONEY™ drawing and will win a $734,813.24 jackpot.