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The Illinois Lottery said more than five million winning instant lottery tickets have been sold so far this year, netting more than $123 million in prizes. The Illinois Lottery currently offers a ...
Players have 180 days to claim their prizes. Home & Garden. News
PEORIA, Ill. (WMBD) — A lucky Illinois resident was the winner of a $1 million payout thanks to the Powerball. The person bought the lottery ticket online from their Illinois Lottery app for the ...
In gambling terminology lottery payouts are the equivalent of RTP (Returns To Players). A lottery operator's gross margin is 100% minus RTP. In the US, large lottery winnings generally are advertised as an annuity amount, paid in 20 or more installments; in most cases, a cash option is available. The cash option in the US can be 40–60% of the ...
Winning the five-figure jackpot meant beating odds of 1-in-913,129.
Illinois Lottery proceeds currently benefit three major areas: 1) the state's Common School Fund (CSF), which helps finance K–12 public schools; 2) The Capital Projects Fund, used for infrastructure improvements and job creation and 3) special causes like Illinois veterans, breast cancer charities and research, assistance for people living with HIV/AIDS, and multiple sclerosis research.
In addition to the pair of seven-figure winning games, more than 16,000 players bought prize-winning Mega Millions tickets in South Carolina prior to Tuesday’s drawing, according to the release.
The second prize ($25,000 a year for life) was won by matching all 5 white balls w/o the lucky ball. Players had to match at least one white ball with the lucky ball or match just the lucky ball to win a prize. South Carolina was also the first lucky for life participating state to have a top prize winner after the game offered the current format.