Who Wants To Be A Billionaire? US Crosses Fingers For Record Lottery

Galtero Lara
Octubre 21, 2018

Mega Millions tickets for Friday's drawing may be purchased online at MichiganLottery.com and at the Lottery's 11,000 retailers around the state until 10:45 p.m.

It costs $2 to play the game, but the odds of winning the jackpot aren't good. Officials at that time also increased the chances of winning small prizes.

States have generally reported increased Mega Millions and Powerball sales since the change.

The jackpot may be claimed as $1 billion before federal taxes as an annuity paid out over 29 years, or as a cash option of $565 million, according to lottery officials. Almost all winners take the cash option, which was about $904 million as of Saturday morning.

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USA lottery winnings are taxable at the federal level, unlike in many other countries, while some states also impose local taxes.

Friday's prize is second only to a Powerball worth $1.5 billion that was won by 3 tickets on January 13, 2016. "That'd be easy, getting him off to a college, university", Franklin said.

If one ticket matches the numbers, the victor would win $1 billion or more than $565 million if the victor goes with the one-time cash option. As Jane L. Risen, a professor of behavioral science at the University of Chicago, puts it: When the jackpot grows so large, "it creates this sense of community".

"We tell them how to play it", she said.

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