|Posted: August 29, 2012, 5:15 pm - IP Logged|
No they would not honor the payment. Once the second tier prizes reach a certain amount (I believe it is based on the jackpot amount and/or each individual lottery has a rainy day fund to pay out higher then expected prizes)
This is from Idaho's lottery website for powerball
NOTE: Some or all of the preset prizes may become pari-mutuel under certain circumstances as defined in the game rules. 50% of all money played is allocated to Powerball prizes.
So basically if too many people win then they will split up whatever amount they have in the lower level pot and people would get less then the amount that they thought.