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Before the June 2004 increase in ticket prices from $1 to $2, the largest Lotto 6/49 jackpot was $26.4 million, on September 2, 1995. [7]Prior to the September 2022 change in format, the largest Lotto 6/49 jackpot was drawn on October 17, 2015 for $64 million.
Ontario Lottery and Gaming Corporation, known for corporate branding purposes simply as OLG since 2006, is a Crown corporation owned by the Government of Ontario, Canada. OLG conducts and manages gaming on behalf of the province of Ontario, including: lottery, casinos, electronic bingo, and its internet gaming site.
A lump sum option is available on the top two prizes, and is the only option if there are multiple winners. The annuity will last for the remainder of the winner's life, with a guaranteed period of 20 years (a beneficiary is chosen to receive the remainder of the 20-year minimum balance if the winner dies before the 20 years passes).
Lotto Max logo. Lotto Max is a Canadian lottery game coordinated by the Interprovincial Lottery Corporation, as one of the country's three national lottery games. Introduced on September 19, 2009, with its first draw occurring on September 25, 2009, the game replaced Lotto Super 7.
In certain countries, mainly the U.S., the winner gets to choose between an annuity payment and a one-time payment. The one-time payment ( cash or lump sum ) is a "smaller" amount than the advertised (annuity) jackpot, having regard to the time value of money , even before applying any income taxes to which the prize is subject.
In Canada prior to 1967 buying a ticket on the Irish Sweepstakes was illegal. In that year the federal Liberal government introduced a special law (an Omnibus Bill) intended to bring up-to-date a number of obsolete laws. Pierre Trudeau, the Minister of Justice at that time, sponsored the bill. On September 12, 1967, Mr. Trudeau announced that ...
Date Location Notes 1 $2.04b $997.6m 1 $997.6m Powerball: Nov 7, 2022 CA: Largest jackpot for a single ticket; largest cash value for a single ticket. [7] Due to technical difficulties, the November 7, 2022, draw did not take place until the morning of November 8. [8] 2 $1.765b $774.1m 1 $774.1m Powerball Oct 11, 2023 CA [9] 3 $1.602b $794.2m 1 ...
Encore was originally created for the Apple Macintosh by Don Williams for the US company Passport Designs Inc. of Half Moon Bay, CA., and first released in 1984. [1]Lyrrus Inc., d.b.a. GVOX purchased the intellectual property of Passport in 1998 [2] and Encore 5 was released 10 years after Encore 4.