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Tuesday’s winner has yet to claim their prize, but elected to receive the $409.3 million one-time lump sum after choosing the cash value option at purchase, the Texas Lottery said.
The claimant for that drawing chose the cash value option and received $157,367,045 before taxes; the largest prize ever paid out to a single Texas Lottery player at that time. Show comments ...
Texas Lottery regulations require the players to choose either cash value option (CVO) or the annuity value (AP) on the lottery playslips at the ticket sales for Texas Lotto, Powerball, and MegaMillions. If the choice isn't marked on the playslip, it is rejected until the correction is made.
Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. A cash-value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. Mega Millions' previous format began on October 19, 2013, its first drawing was three days later.
Odds of winning jackpot. 292,201,338 to 1 [2] Website. www.powerball.com. Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, and overseen by the Multi-State Lottery Association (MUSL), which also manages other large jackpot games such as the Mega Millions.
A Dallas-Fort Worth resident claimed more than $9 million after winning an estimated $17 million Lotto Texas jackpot and choosing the cash value option, Texas Lottery officials said in a news ...
— Texas Lottery (@TexasLottery) March 10, 2024 The lucky ticket holder opted for the cash value option, which will result in less than the advertised amount, KHOU reports .
Kr. 215 million (€22 million, US$30 million) was the largest single-ticket jackpot in Sweden 's Lotto of Svenska Spel, won on 27 March 2010. [77] €19.1 million (US$21.8 million) was the largest jackpot and largest single-ticket jackpot in Ireland 's Lotto, won on 15 January 2022. €12.2 million (US$15.7 million) was the largest jackpot in ...
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