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The Hoosier Lottery is the official state lottery of Indiana, and is the only US lottery that uses the state's nickname as its official name. It is a member of the Multi-State Lottery Association (MUSL). The Hoosier Lottery sells scratch-off tickets; its draw games include Mega Millions, Hoosier Lotto, Powerball, Cash 5, and Poker Lotto.
In 1988, state voters approved a constitutional amendment lifting the lottery ban, establishing the Hoosier Lottery. [3] The Hoosier Lottery sells scratch-off tickets since October 1989. It is a member of the Multi-State Lottery Association since 1990. and co-founder of Powerball in 1992. It joined Mega Millions in 2010 and Cash4Life in 2016 ...
Hoosier Millionaire is an American television lottery game show which aired on television stations in Indiana, Illinois and Kentucky from October 28, 1989, to November 19, 2005. At its peak, it was among the highest-rated lottery game shows in the United States and one of the highest-rated television programs in Indiana.
€120.0 million (US$126.8 million) was the largest jackpot in the Eurojackpot history, won on 6 December, 2024 by two tickets in Germany. €371.1 million (US$394.6 million) was the largest single-ticket jackpot in Italy's SuperEnalotto lottery, won on 16 February 2023.
Lotteries in the United States did not always have sterling reputations. One early lottery in particular, the National Lottery, which was passed by Congress for the beautification of Washington, D.C., and was administered by the municipal government, was the subject of a major U.S. Supreme Court decision – Cohens v. Virginia. [7]
Rules also vary by Cash4Life member: a ticket bought in Florida whose winner prefers the cash option must claim within 60 days of the drawing. New Jersey requires the cash/annuity choice be made when purchasing a ticket; a "cash option" choice is legally binding , but an "annuity option" ticket can be changed to the "cash option" when claiming.
On November 8, 2022, a single ticket purchased in Altadena, California, was the only winner of a $2.04 billion Powerball jackpot, the largest in U.S. lottery history. [73] The prize was claimed on February 14, 2023. The winner was revealed as Edwin Castro. He opted to collect his prize as a lump sum payment of $997.6 million.
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets.