Tag Archives: lottery

Powerball’s largest jackpot this year — $700 million — is up for grabs tonight

It has been exactly 12 weeks since a Powerball ticket sold in Pennsylvania won the last grand prize. The jackpot grew quite a bit in the meantime, and, after 35 consecutive rounds without a grand prize winner, stood at an estimated $700 million for Wednesday night’s drawing.

The winning numbers Wednesday were 19, 36, 37, 46, 56, and a Powerball of 24. It was still unclear if any winning tickets were sold. 

The anticipated fund is this year’s biggest jackpot so far, according to Powerball, which increased the sum from $680 million earlier this week. It is also the fifth-largest Powerball jackpot and eighth-largest U.S. lottery jackpot.

Powerball’s weekly drawings — which happen on Mondays, Wednesdays, and Saturdays — have yielded partial wins for players over the last three months. The most recent drawing gave smaller wins to more than 1.2 million ticket holders, who collectively received $13.7 million in cash prizes, according to the lottery.

There are nine ways to win some amount of money by entering the game, but in order to take home the grand prize, Powerball players must hold tickets with numbers that match all six picked during a given drawing. On Aug. 3, a player whose Pennsylvania ticket was a perfect match won the jackpot, which, at the time, amounted to $206.9 million.

That was the fifth Powerball grand prize won in 2022. In January, winners in California and Wisconsin split the $632.6 million jackpot before a Connecticut winner took home the $185.3 million prize about one month later. In April, an Arizona ticket won $473.1 million, and, in June, the $366.7 million jackpot matched a lottery ticket sold in Vermont.

Those who ultimately claim the next Powerball jackpot have the option to receive their prize as either an immediate lump sum, amounting to an estimated $335.7 million in cash value if someone wins on Wednesday, or as an annuity. The latter option offers to pay out the full jackpot amount over the course of roughly 30 years. 

According to Powerball, the odds of winning any prize after entering the game are slightly less than 1 in 25, while odds of winning the jackpot are about 1 in 292 million. The next Powerball drawing is scheduled to be broadcast live on Wednesday night at 10:59 p.m. ET. Drawings can also be streamed online at Powerball.com.

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2023 MLB Draft lottery odds

While there are 12 teams continuing on to the postseason to compete for a World Series title, the other 18 organizations are looking to the future, including where they might pick in the 2023 Draft.

In the past, at the conclusion of the regular season, a rough pass at the first-round order was possible based on the reverse order of the standings. But thanks to the newest Collective Bargaining Agreement, there’s a new wrinkle in play when it comes to the Draft.

For the first time, the order of the top six Draft picks will be determined by lottery instead of simply being the reverse order of the previous year’s standings, with the lottery expected to take place at the Winter Meetings in San Diego in early December.

The teams with the three worst records in 2022 — the Nationals, A’s and Pirates — have the best chance (16.5 percent each) to get the No. 1 overall pick via the lottery, though all 18 non-playoff teams will have the chance to land it. The other teams will have declining percentages in reverse order of their records, down to 0.23 percent for the non-playoff club with the highest winning percentage.

As in previous years, any tie in regular-season record is broken by the record in the previous year, continuing with each subsequent prior year’s record until the tie is broken.

Draft lottery odds for No. 1 pick

1. Nationals (55-107), 16.5 pct
2. A’s (60-102), 16.5
3. Pirates (62-100), 16.5
4. Reds (62-100), 13.25
5. Royals (65-97), 10.0
6. Tigers (66-96), 7.50
7. Rangers (68-94), 5.50
8. Rockies (68-94), 3.90
9. Marlins (69-93), 2.70
10. Angels (73-89), 1.80
11. D-backs (74-88), 1.40
12. Cubs (74-88), 1.10
13. Twins (78-84), 0.90
14. Red Sox (78-84), 0.76
15. White Sox (81-81), 0.62
16. Giants (81-81), 0.48
17. Orioles (83-79), 0.36
18. Brewers (86-76), 0.23

Teams that receive revenue-sharing payouts can’t receive a lottery pick for more than two years in a row and those that don’t get revenue-sharing payments can’t get a top-six choice in consecutive Drafts. Furthermore, a club that’s ineligible for the lottery can’t select higher than 10th overall.

The Draft will remain at 20 rounds, and after the first round, the non-postseason teams will choose in reverse order of winning percentage. In all 20 rounds, the playoff clubs will choose in reverse order of their postseason finish (Wild Card losers, Division Series losers, Championship Series loser, World Series loser, World Series winner). Within each of those playoff groups, teams will be sorted by revenue-sharing status and then reverse order of winning percentage.

With six picks, MLB’s lottery extends deeper than that of any major U.S. sports league. The NBA’s first four choices and the NHL’s top two are subject to a lottery, while the NFL has none.

If the Nationals do get the No. 1 pick, it will be the first time they had the first selection since they took Bryce Harper in 2010, a year after they also took Stephen Strasburg 1-1. The A’s, with the second-best odds to win the lottery, last had the No. 1 pick way back in 1965, when they took Rick Monday as the very first Draft selection in Major League history. The Pirates took Henry Davis No. 1 overall in the 2021 Draft. The Reds have never picked first, picking No. 2 recently, in both 2016 (Nick Senzel) and 2017 (Hunter Greene). Rounding out the top five in terms of lottery odds, the Royals have only picked 1-1 once in franchise history, taking Luke Hochevar in 2006, but they have picked No. 2 three times, most recently when they got Bobby Witt Jr. in 2019.

It’s way too early to know who will be the top pick in 2023, but MLB Pipeline recently put Indiana prep outfielder Max Clark atop its high school prospects list and Louisiana State outfielder Dylan Crews at No. 1 on the college list. Much will change between now and the Draft next July, set to take place in Seattle, the site of the 2023 All-Star Game.

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Is Bo Nickal the LeBron James of MMA? UFC may have won the lottery with newest signing

LAS VEGAS — There are first overall draft picks, and then there are guys like LeBron James, Peyton Manning and Sidney Crosby. They are the greats among the great, guys who aren’t only stars but change the fortunes of the franchise and the city that lands them.

“Dana White’s Contender Series” has essentially turned into the draft for the UFC, and on Tuesday, in the finale of Season 6, it looks like the UFC may have nabbed the next James, Manning or Crosby.

Bo Nickal is so talented, so confident and so impressive that after finishing Donovan Beard in just 52 seconds with a triangle choke Tuesday at Apex to finally earn a UFC contract, he casually called out Khamzat Chimaev.

That’s what the greats do, because they believe in themselves so thoroughly.

Of course, White shot that idea down in his post-fight news conference, but if Nickal turns out to be who he appears to be, it won’t be long before a fight of that caliber is actually made for him.

James was one of the NBA’s best players before his rookie season was 2 months old. The same was true of guys like Manning and Crosby, as well.

Nickal gives every indication that he’s not going to just be your garden variety first-round pick, but an impact performer of that caliber.

White didn’t give Nickal a contract when he won his first Contender Series fight in 1:02 of the first round in the opening week of Season 6, but brought him back for another go. He was clearly vindicated by Nickal’s performance, but also blown away by it.

“My God,” White said. “Incredible, man. The kid’s incredible. He looks great. Obviously, this was a big step up in competition. He fought someone 7-1, reach advantage, height advantage. The kid’s confidence in himself is unbelievable. His game is amazingly well-rounded. Yeah, he was impressive.”

Nickal was the 2019 Hodge Trophy winner at Penn State after a collegiate wrestling career in which he won three NCAA championships and was a four-time All-American. He’s made the world’s most difficult sport look easy, winning his three MMA fights in 33, 62 and 52 seconds, respectively.

Bo Nickal needed just 52 seconds to secure a win and a UFC contract Tuesday during “Dana White’s Contender Series.” (Photo by Chris Unger/Zuffa LLC)

He comes from a highly athletic family, so he’s got the genes that could help him go a long way in the sport. His grandfather and father were wrestling coaches, his father played college football and his mother not only played college basketball, she also did some amateur boxing. They were all quickly on board when he said he wanted to fight, and it’s proving to be a shrewd choice.

White said he’ll move him like he does any other prospect though Nickal isn’t like any other prospect. He’s a guy that is going to be making noise at the highest level very soon.

“Everyone I’m close with knows what I’m capable of and knows what I can do, but when the time comes, more and more people will continue to jump on the bandwagon,” Nickal said. “It’s about developing and getting better and sharpening all my skills.

“I’m always going to have a better wrestling base than anybody I fight. But at the end of the day, that’s not going to be enough to become UFC champion and No. 1 pound-for-pound fighter in the world, which is my goal. So I need to sharpen my wrestling and all of my other skills.”

His other skills were on display Tuesday right from the get-go. There was a joke among reporters at Octagonside about how quickly Nickal would shoot for the takedown. Instead, he dropped Beard with a crunching left and rolled to his back to be able to slap on the fight-ending triangle choke.

On a night of brilliant performances — Mateus Mendonca looked amazing and he and Rafael Estevam, Jack Jennkins and Sam Patterson all earned contracts — Nickal stood head and shoulders above the rest. And no, he wasn’t joking about facing Chimaev.

“I feel that’s a good matchup,” Nickal said of Chimaev. “Obviously, he’s a high-level grappler and a high-level fighter. He’s one of the top fighters not only in the division, but also in the UFC. I have a lot of respect for his skills, but I also know what I’m about.”

What he seems to be about is being one of the most talented fighters in the company’s history. He has to turn that potential into performance, clearly, but he’s off to a good start at this stage.

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Mega Millions: Winning ticket for $1.34 billion jackpot still unclaimed in Illinois, lottery director says winner has 1 year

ILLINOIS — It’s been nearly a month since that billion dollar Mega Millions jackpot ticket was sold, but the winner still hasn’t claimed all that money.

Americans watched for almost a month as the Mega Millions jackpot grew into a whopping $1.34 billion.

After 29 consecutive drawings without a winner, one winning ticket was finally sold at a gas station in Des Plaines, Illinois.

But so far, no one has come forward with the golden ticket.

The Illinois lottery director says the winner has one year from the date of the drawing to claim the money, and since the amount is more than $250,000, the winner can choose to remain anonymous in Illinois.

Winners of prizes of $250,000 or more can choose to remain anonymous in Illinois, lottery officials said. They encourage winners to sign the back of their ticket, seek legal advice and call the Lottery Player Hotline at 1-800-252-1775 to arrange a private appointment to claim their prize.

What happens to unclaimed prizes? The Illinois Lottery keeps track and regularly posts updates on its website. Here’s a list of the state’s unclaimed jackpot prizes. If a jackpot prize goes unclaimed within the time limit, Mega Millions says each participating state in the Mega Millions game will get back all the money that state contributed to the unclaimed jackpot.

Each state uses its unclaimed lottery prizes for different purposes. In Illinois, by law, profits from all Illinois Lottery games support public education, capital projects and other causes.

The $1.34 billion prize is for players who are paid with the annuity option, which makes 30 annual payments that stretch over 29 years.

Nearly all jackpot winners choose the cash option, which is an estimated $747.2 million before taxes for this lucky winner.

The $1.34 billion jackpot was the second largest in Mega Millions history.

In 2018, one winning ticket was sold in South Carolina for the $1.537 billion prize. The U.S. record jackpot is $1.586 billion for a Jan. 2016 Powerball draw.

The odds of winning the Mega Millions jackpot are a staggering 1 in 302.5 million.

Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands.

Copyright © 2022 WABC-TV. All Rights Reserved.



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Last month’s $1.34B Mega Millions winner hasn’t come forward

It’s been one month since a lucky player won $1.34 billion in a Mega Millions jackpot — but the prizewinner still hasn’t claimed their fortune, lottery officials said Thursday.

The winning ticket from the July 29 drawing was sold at a Speedway gas station in Des Plaines, Illinois.

The massive jackpot marked the largest lottery prize ever won in Illinois, and the third largest lottery prize ever won in the US.

The Speedway in Des Plaines is entitled to a cash bonus of $500,000 for selling the winning ticket.
REUTERS/Kamil Krzaczynski

“For a prize of this magnitude, it’s not unusual for the winner to take a while to claim,” said Illinois Lottery Director Harold Mays a week after the drawing. “I’m sure they’re going through a range of emotions.”

Illinois Mega Millions players that take home jackpots over $250,000 have the option to stay anonymous, but Mays speculated that the winner might not even know they hold the jaw-dropping ticket.

The winner can wait one full year to claim the money, but they only have 60 days from the date of the draw to decide if they want to be paid $1.34 billion over the course of 29 years or a lump sum of $780 million cash.

Speedway Des Plaines, the retailer who sold the winning ticket last month, is also entitled to a cash bonus of $500,000.

“Nothing makes us happier than bringing a little bit of joy to our customers’ lives – or in this case, a whole lot of joy!” said Michael Browning, Regional Director for Speedway, in a statement.

The workers at the gas station are staying tight-lipped about who they think the winner could be, the Daily Mail said.

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Delaware man Duane Katterman wins big in the Maryland lottery twice in two months

“I couldn’t believe I won the first time,” Duane Ketterman told lottery officials. “So, when I saw this one, I was just stunned.”

MILLSBORO, Delaware — For most people, winning the lottery is a once-in-a-lifetime opportunity. But one Delaware man was lucky enough to win the lottery twice — in just two months.

Powerline technician Duane Ketterman regularly crosses the state line to work in Maryland and buys lottery tickets on his visits, according to a news release from the Maryland Lottery.

Ketterman’s purchases first paid off in early July, when he won $18,000 in one of the Maryland Lottery’s Racetrax game.

Last weekend, while on a family trip to Queen Anne’s County, Maryland, Ketterman won again, claiming $30,785 in another Racetrax game.

“I couldn’t believe I won the first time,” Ketterman told lottery officials while claiming his prize in Baltimore on Tuesday, according to the release. “So, when I saw this one, I was just stunned.”

The 43-year-old Millsboro, Delaware, resident picked his winning numbers at random, says the release. He found out about his win when his family stopped for breakfast.

“I checked the ticket on my Lottery app and, after a moment to wrap my head around it, showed my wife,” Ketterman said, according to the release. “She was as surprised as I was. More, even.”

Ketterman has no immediate plan for his unexpected winnings, hoping to put them away for a rainy day instead.



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We may never know who won the $1.3B Mega Millions jackpot

There’s a chance the identity of the winner of the $1.337 billion Mega Millions jackpot will never be known — thanks to an Illinois law allowing people who score more than $250,000 to keep their names secret.

The winning ticket to the mind-boggling fortune was sold at the Speedy Cafe Speedway gas station in Des Plaines, lottery officials have said.

No one has come forward yet to claim the massive prize — with lotto officials saying it’s not even clear whether the winner was an individual or pool.

Illinois is one of a few states that allow lotto winners the option of anonymity.

Some other states offer some form of lotto anonymity, including New Jersey, Delaware, Maryland, Virginia, Arizona, Florida, Georgia, Kansas, Minnesota, Mississippi, Missouri, Montana, North Dakota, Ohio, South Carolina, Texas and Wyoming, according to a list compiled by Fox News.

But in New York, winners should expect to be required to attend a public announcement or press event, according to the state lottery’s website.

While Illinois winners have the option of staying anonymous, New York lotto winners don’t have that luxury.
OLIVIER DOULIERY/AFP via Getty Images

“The New York Lottery is a government agency and Lottery prizes are public funds, so we owe it to all our players to disclose the names of winners,” the site says.

Still, lotto anonymity has gained momentum in recent years, including in New York, where a proposal was passed the state legislature in 2019 before being vetoed by then-Gov. Andrew Cuomo.

Cuomo’s 2019 veto message advised winners who wish to try to keep their identity hidden to create an LLC to collect the winnings on their behalf.

The winner of the all-time high ticket — for $1.537 billion, purchased in South Carolina in 2018 — has yet to be revealed.

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Mega Millions lottery jackpot now over $1 billion — a past winner shares secrets

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The Mega Millions lottery jackpot now sits at an astounding $1.1 billion ahead of Friday night’s drawing — which would be the second-highest number in the lottery’s history.

Players across 45 states, Washington, D.C. and the Virgin Islands will hope Lady Luck smiles as they buy their Mega Millions tickets today. 

What does it feel like to win millions of dollars? 

One person is sharing.

MEGA MILLIONS LOTTERY DRAWING: IF YOU WIN, HERE’S HOW TO STAY SAFE AND SECURE

Tim Schultz won $28 million back in 1999 by playing the Iowa Powerball. 

“It’s just exhilaration after you win,” he told Fox News Digital in a phone interview this week.

The Mega Millions lottery jackpot is now over $1 billion. The drawing will be Friday night at 11 p.m. EDT.
(Nicole Pelletiere/Fox News Digital)

Schultz was working at an Iowa gas station and sold the winning ticket to himself. 

At the time, he was a struggling college student, working his way through school by pumping gas. A few months before that, he’d had a “very vivid” dream that he won the lottery. 

MEGA MILLIONS $1.02 BILLION JACKPOT: SHOULD YOU TAKE LUMP SUM OR ANNUAL PAYOUTS?

This dream was so real, “I felt as if it was likely going to happen at some point,” he said of winning the lottery.

He had a “gut feeling” when he purchased the ticket, telling friends and co-workers at a card game that night that he was going to win. 

Tim Schultz won $28 million in the Iowa Powerball lottery in 1999. He spoke to Fox News Digital about what happened to him — and the secrets he shares for anyone else who might win the lottery this week or in the future. 
(Tim Schultz)

Then it actually happened — he woke up the next day to find out he had won. It was “very surreal,” said Schultz.

Media outlets at the time reported that one of Schultz’s co-workers, 20-year-old Sarah Eldar, said she wanted to buy half of his ticket when he purchased what would be the winning numbers.

Once Schultz won, she said she wanted her share of the lottery winnings — and challenged him in court. 

One man had a “gut feeling” when he purchased a lottery ticket, telling friends and co-workers that he was going to win the jackpot, he said. 
(iStock)

It turned out that in Iowa, you have to be 21 years of age to play the lottery, so Eldar was ineligible to collect any winnings. 

MEGA MILLIONS LOTTEERY DRAWING: WINNERS CAN REMAIN ANONYMOUS IN THESE STATES

Eldar eventually renounced all claims to the jackpot, Playusalotteries.com said.

The lottery can affect a person’s happiness positively or negatively, said Schultz — and every winner is different.

“At a certain point I felt a sense of isolation – none of my peers or my family or my friends had won the lottery.”

“Where you live, who surrounds you, who your friends are and how much you win” are all factors, he noted.

“For myself, initially it was extremely exhilarating,” he said. “But once that wears off — and it does — you are still yourself.”

Customers purchase lottery tickets for the Powerball at the CA lotto store in San Bernardino County, California, in January 2016.  
(REUTERS/Gene Blevins)

He continued, “The lottery doesn’t change who you are, but it does magnify your personality and your ability to do what you want to do.”

It wasn’t easy having such a huge life event happen to him, said Schultz.

MEGA MILLIONS JACKPOT SWELLS TO OVER $1 BILLION AFTER NO WINNER IN MASSIVE $830 MILLION DRAWING

“Once that exhilaration wore off, I was still extremely grateful for this life-changing win — and I have never, ever taken that for granted — but there were some things I had to learn,” he shared.

“If I wanted to go on vacation I had to pay for other people [to go].”

“At a certain point I felt a sense of isolation. None of my peers or my family or my friends had won the lottery — and I was only 21 at the time, a struggling college student working at a gas station to put myself through school.”

“I felt sort of like an outcast,” he continued. “If I wanted to go on vacation I had to pay for other people [to go].”

Schultz said he “learned a lot of life lessons.”

“I learned that the lottery can buy you time [with others], and that’s invaluable, and winning can be a very, very positive thing.”

RAISING CANE’S CEO BUYS MEGA MILLIONS LOTTERY TICKETS FOR ALL 50K EMPLOYEES

He added, “I’m the same person that I was before winning — I never loved material possessions, so I felt pretty level-headed and laid back about it.”

In Iowa, lottery winners’ identities are disclosed to the public, and people “came out of the woodwork” asking for money after he won, he said.

Lottery forms for the Louisiana Mega Millions, Powerball and other lottery games fill the drawer at The World Bar and Grill, in Delta, La.
(AP)

“I got a team of financial advisers, people that were qualified and trustworthy, that could tell me how much I could and could not spend,” he explained, noting that this was very important.

“Once I developed a game plan, I helped people as much as I could — people I loved and cared about that were in my life — and did what I felt I could for other people. I did a lot of things for other people.”

“I received a lot of media attention initially, and at the time I was a fairly shy person that didn’t really like that sort of attention. I couldn’t even go to a grocery store without people knowing who I was.”

Schultz now interviews other lottery winners on his YouTube channel, noting that they often “have very similar experiences.”

(Just below is his interview with a “Cash for Life” winner.)

How well a person handles sudden wealth “varies on who you are as a person, and what your goals in life are,” he said.

Schultz does not share where he currently lives, or his family or marital status, keeping his private life private. 

“I received a lot of media attention initially, and at the time I was a fairly shy person that didn’t really like that sort of attention,” he said. “I couldn’t even go to a grocery store without people knowing who I was.”

“My advice to anyone who wins is to relax, don’t make any rash decisions and seek qualified financial advisers.”

He added, “Now I don’t mind that type of thing at all. I embrace it.”

He said he loves speaking to reporters, now, having gone to college for journalism and broadcasting. “I love interviewing people, too.”

Schultz finds it “very cathartic and interesting” to interview other people who have won the lottery.

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“It’s one of the most rare things that can happen to somebody. It’s a small club we’re in together.”

His advice for the person or people who win Mega Millions?

He said, “First, congratulations! Then I would say, Buckle up because it can really turn life on its head. It is one of the most potentially life-altering things that can happen to a person.” 

Schultz added, “My advice to anyone who wins is to relax, don’t make any rash decisions and seek qualified financial advisers. Gain an understanding of what you can realistically do with the money — and then try and enjoy life.”

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The next Mega Millions drawing is tonight, with a jackpot of at least $1.1 billion

With a Mega Millions jackpot of at least an estimated $1.1 billion up for grabs, excitement was building as Friday’s 11 p.m. EDT drawing approached. The cash payout on that grand prize would be $648.2 million.

The prize fund surpassed $1 billion this week, marking only the third time the jackpot has crossed that threshold in the game’s two-decade history. The game’s current jackpot is almost as large as record amounts won in 2018 and 2021. Those years, players whose ticket numbers matched the figures drawn by Mega Millions administrators were awarded roughly $1.05 billion and $1.5 billion.

The current jackpot run began in April. Friday night’s drawing some very close calls during the most recent drawing on Tuesday. 

Mega Millions said nine people nearly won the jackpot, which at the time stood at $830 million, but came up slightly short as their tickets held the first five winning numbers without the sixth and final Mega Ball figure. Another 156 people had purchased tickets with the correct Mega Ball number, but only four of the first five, according to the lottery. 

One winner from the first group and three dozen from the second bought their tickets with the game’s Megaplier feature — guaranteeing a larger prize for an added cost per ticket — which drove up their respective awards to $3 million from $1 million and to $30,000 from $10,000. In the aftermath of the drawing, Mega Millions reported an “unprecedented” increase in traffic to their website, where people can enter for a chance to win during the next one. The lottery said the overload of visitors crashed the site Tuesday night.

“We look with anticipation on the growing jackpot,” said Pat McDonald, the lead director of the Mega Millions Consortium and the Ohio lottery director, in a statement released ahead of Friday’s billion-dollar drawing. “Seeing the jackpot build over a period of months and reaching the billion-dollar mark is truly breathtaking. We encourage customers to keep play in balance and enjoy the ride. Someone is going to win.”

The odds of securing this year’s Mega Millions payout are slim, and the lottery recently issued a warning to players that urged them to be aware of scammers looking to collect cash fraudulently by masquerading as official Mega Millions representatives who deliver news of a fake win via phone, text or email and ask targets for fees in return. 

But for individuals who legitimately hold winning tickets, protection from scams is one reason that some financial advisers have suggested they remain anonymous when claiming their winnings. Doing so is only possible in a handful of U.S. states, as a majority require lottery entrants to publicly disclose their identities upon winning. There are additional laws in some places that allow lottery winners to claim their prizes through legal entities, like trusts, which hold assets, but most states require anyone with a winning Mega Millions ticket to reveal their personal information when signing the check.

Along with potential choices regarding anonymity when claiming awards, players who win the Mega Millions jackpot can decide whether to collect the money in installments or all at once. Lottery entrants who opt for the payout would receive that sum in annual payments over about 30 years, so the majority choose the immediate cash option instead.

The decision likely depends on a number of personal factors for each winner, including their age, present financial situation and how their money could be collected by beneficiaries, if necessary. A significant chunk of the winnings will go to federal taxes either way, but individual state laws regarding lottery prizes and how, if at all, they are taxed could also make one type of financial award seem more favorable.

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Raising Cane’s CEOs spend $200,000 on Mega Millions lottery tickets

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Though the probability of hitting the Mega Millions jackpot is notoriously lousy, the chief executives of Raising Cane’s are hedging their bets after buying lottery tickets for all 50,000 of their fast-food employees — for the second time in a week.

The company’s widely publicized first attempt at a win cost about $100,000 but wasn’t a success; no winners were announced Tuesday. But now that the prize has reached $1.1 billion — the second-largest in Mega Millions history — the leaders of the restaurant chain known for its chicken fingers have dropped an extra $100,000 for a fresh round of tickets ahead of Friday night’s drawing.

“Our crew members were so stoked the last time,” co-CEO AJ Kumaran told The Washington Post. “So we decided to try our luck again. And now we’re all just excited, waiting and crossing our fingers for a win.”

As Mega Millions hits $1 billion, winning doesn’t mean a happy ending

The jackpot has a cash-payout option of $648.2 million. If a ticket purchased by Raising Cane’s is a winner, the CEOs would split the sum evenly among their employees, meaning workers would receive nearly $13,000 each — a welcomed extra bit of cash amid the uncertainty of a shifting labor market, inflation and fears of a recession.

“Look, I hear from our crew members all the time, and things are really tough out there,” Kumaran said. “Whether they’re pumping gas or buying groceries, they’re feeling it and it’s hard. So this was an opportunity to have fun but at the same time, hopefully make a little bit of extra money for our people.”

Yet some have questioned the executives’ decision to throw more money at a game with minuscule chances of winning.

“You spent $100,000 on tickets and you lost, and you’re going to do it again? Why not give the money, give $200,000 to your employees?” CNN’s John Berman asked Kumaran during an interview Wednesday.

A quiz about your lousy chances of winning Mega Millions

Kumaran responded that buying the lottery tickets was “really more than about money.” The decision to divvy up the potential winnings reflects “taking care of each other [and] standing by each other as a family,” he said.

He told The Post that the idea of buying the lotto tickets really came down to “doing the right thing” for employees — and having a bit of fun at it.

“I don’t think of it as $100,000. It’s really $2 per crew member,” he said. “And if you think about it that way, it’s just a couple of bucks. They work very hard every day, and we’re doing this for them to have fun and test their luck. So I feel good about doing it.”

Kumaran also pointed to the $200 million in raises the company has paid its employees over the past two years. Raising Cane’s announced last year it would increase wages by about 15 percent for most employees.

The lottery idea started last Thursday, when Mega Millions announced its jackpot had swelled to one of the largest in the game’s history. That’s when Kumaran proposed having Raising Cane’s purchase the tickets. The company’s general counsel, however, was less than thrilled with the idea, he said.

Undeterred, Kumaran tapped his co-CEO and founder, Todd Graves, to finance the tickets out of his own pocket. “We thought, ‘Okay let’s do it as soon as possible because how hard can it be to print 50,000 tickets?’”

As it turns out, pretty difficult. Between getting a hold of the cash needed from four different banks and hitting up two 7-Eleven convenience stores in Dallas to print the tickets, the plan turned into a 10-hour operation on Monday.

“Let me tell you, it’s nerve-racking being at a gas station with $100,000 in cash,” Kumaran said.

He munched on a hot dog while the orange-and-white tickets were slowly printed. Twice, the machine had to be refilled — something that usually happens “every two months or so,” Kumaran said the gas station’s manager remarked. Meanwhile, other customers were complaining about the machine being taken hostage.

The hustle, however, was to no avail — though it did help Kumaran figure out a way to streamline the process for his next attempt on Wednesday. That day, instead of going around town with stacks of money, he was able to wire transfer the $100,000 to 7-Eleven. The eight-hour wait to print the tickets was still the same, nonetheless.

On Friday evening, a small crew of Raising Cane’s employees will scan all 50,000 tickets to see if any are able to break Mega Millions’ streak of 29 consecutive drawings without a winner — a long-awaited rollover that has inspired both “jackpot chasers” and serious gamblers to throw down their money.

Only four jackpots have been hit this year, with the last one — worth some $20 million — being won April 15 in Tennessee.

The odds of winning big Friday are roughly 1 in 303 million — the probabilities of having a toilet-related injury or being named a saint are significantly higher.

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