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| The biggest jackpots are coming from two multi-state lotteries. |
UPDATE: THE WINNING JACKPOT WAS AT $590.5 MILLION (ESTIMATED $600 MILLION) AND THE WINNING TICKET WAS SOLD IN FLORIDA.
Another lazy Saturday, what I am I to do?
Well let's play the lottery!
Guess what?
About 70% of the United States plays the Mega Millions and Powerball. It happens especially when the jackpots cross over $200 million. I know that I'm not going to win the lottery but I'm willing to take a risk at least to feel like a winner!
The Powerball jackpot is over half a billion dollars. It's likely going to be over $800 million by jackpot tonight. The jackpot continues to rise without notice and now that California joined the Powerball (and Florida joining Mega Millions), the odds are even more greater than the amount of cash we spend to play.
You're odds are 1:175. That's 175 million in other words.
That's about the odds of being the U.S. President.
That's about the odds of being in a lightening strike or being stuck in a elevator with a person who smells really bad.
In 45 states with the District of Columbia and U.S. Virgin Islands play the Mega Millions and Powerball.
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| A lot of middle class Americans flock to the convenience store to play the lottery when jackpots reach a record amount. |
The impact of being a millionaire comes with a price. You could blow money fast in a few years. Believe me there have been many Americans who lavish in luxury only to be broke in less than 10 years.
Of course, if you're the lucky one. You already know that many friends and family members will be on your case. You will be bothered by almost everyone in the junk food media.
Believe me I am a single man and I bet you my former friends, girlfriends and family members I don't speak to will come out of the woodwork. They'll act like everything is cool and I am all giving!
Say if you're in the group pool. If you're in the pool and your group won, that one person who didn't play will try to sue the group for a portion of the earnings.
Hey, if you're a single person (not married), you'll be getting requests from suitors. Of course, if you're separated from your spouse or have children, expect the domestic family courts to take a lump out of your winnings.
The IRS and state taxes will be paid immediately upon the victory.
It may take up to a year before you collect the first lump sum of payment. Each winning Mega Millions and Powerball ticket carries a lump sum cash payment option.
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| The Powerball White Ball numbers 1 to 59 and the Powerball numbers 1 to 35. |
Earlier this year, North Carolina Republicans were trying to pass legislation to prevent citizens who are on income assistance from playing the lottery.
Last year a young woman named Amanda Clayton won the Michigan Lottery and was on public assistance.
She ended up dying of a drug overdose according to news sources.
Best advice for all who win the lottery, is keep a cool head.
The first thing you do is write your name down on the back of the winning ticket. Say if you lose the jackpot ticket! If you have forgotten to sign the ticket and it gets lost, then it's your word against the winner's.
Second, make sure you cancel out your Facebook, Twitter, YouTube or any other social networking website your on. That's the next thing that happens when you're a winner.
Third, you cancel your phone number and limit your email intake. Obviously you'll be swamped with phone numbers and well wishers asking if you're willing to shelve out a little cash.
Fourth, hire a qualified lottery attorney. Make sure you have a qualified attorney who specializes in handling large sums of money. Don't assume every attorney is well respected in handling your financial earnings.
Fifth, don't quit a job until you are sure you've won the lottery. Don't rush to judgment about being a lottery winner. Sometimes a person who wins the lottery never expects it to happen so don't sit around the house hoping the day will come you'll be the millionaire.
Sixth, pay off debts to college loans, house, billings, and credit cards.
Seventh, invest your money in a trust fund if you have children or family members you can trust if you should die.
Eighth, have fun with your earnings. Don't blow it on things that obviously will attract negative attention.
Ninth, be humble. Cause money will change a person when they're rich.
Lastly, The Have-Nots Will Always Try To Make You Feel Guilty About Winning. Ignore Them And Be Happy About Your Success.
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The factoid about the Mega Millions and Powerball.
The Mega Millions is played in 45 states, the District of Columbia and the U.S. Virgin Islands.
The cost of playing a Mega Million ticket is $1. The ticket comes with a Multiplier (except in California).
The multiplier is an extra play. It cost $1 dollar per line on the unit. The multiplier gives a player up to 4 times the prize amount for each win. The player can win $250 million to $1 million (if you score 5 out of 5 without the Megaball).
The jackpot starts at $12 million.
The drawings are on Tuesday and Friday night at 10:59pm EST.
The Mega Millions ticket cannot be canceled.
Powerball is played in 45 states, The District of Columbia and the Virgin Islands.
The cost of playing a Powerball ticket is $2. The ticket comes with the Power Play (except in California).
The Power Play cost $1 dollar. There is a set prize amount for Power Play addition. You can earn up to $1 million or $2 million upon the Power Play (if you score 5 out of 5 without the Powerball).
The drawings are on Wednesday and Saturday night at 10:59pm EST.
The Powerball ticket cannot be canceled.
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| Game on! |
The second largest jackpot to be reached was 596 million in 2012 by the Powerball. It was won in three states.
Currently, the Powerball jackpot is To Be Announced. The current jackpot can change without notice. If the jackpot should surpass the current highest jackpots, it will be the largest in American history.
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