Posted on 11/29/2012 3:25:13 AM PST by Evil Slayer
Winning tickets for the record Powerball jackpot worth more than $587 million were purchased in Arizona and Missouri.
Missouri Lottery official Susan Goedde confirmed to ABC News this morning that one of the winning tickets was purchased in the state, but they would not be announcing a town until later this morning.
Arizona lottery officials said they had no information on that state's winner or winners but would announce where it was sold during a news conference later in the day.
The winning numbers for the jackpot were 5, 23, 16, 22 and 29. The Powerball was 6.
The jackpot swelled to $587.5 million, according to Lottery official Sue Dooley. The two winners will split the jackpot each getting $293.75 million.
An additional 8,924,123 players won smaller prizes, according to Powerball's website.
"There were 58 winners of $1 million and there were eight winners of $2 million. So a total of $74 million," said Chuck Strutt, Director of the Multi-State Lottery Association.
In Photos: Biggest Lotto Jackpot Winners
This is the 27th win for Missouri, ranking it second in the nation for lottery winners after Indiana, which has 38 wins. Arizona has had 10 Powerball jackpot wins in its history.
Hopeful players bought tickets at the rate of 131,000 every minute up until an hour before the deadline of 11 p.m. ET, according to lottery officials.
The jackpot had already rolled over 16 consecutive times without a winner. That fact, plus the doubling in price of a Powerball ticket, accounted for the unprecedented richness of the pot.
"Back in January, we moved Powerball from being a $1 game to $2," said Mary Neubauer, a spokeswoman at the game's headquarters in Iowa. "We thought at the time that this would mean bigger and faster-growing jackpots."
That proved true. The total,
(Excerpt) Read more at abcnews.go.com ...
The facts is that that the odds of winning are near 175,000,000 to one, and it costs $2/chance to win a $380,000,000 pot. IF there were NO taxes to pay, and you were a single winner, you would be close to breaking even with a win. However, it is common for there to be multiple winners, and that the tax is in excess of 40% for most winners.
Much better odds to just get home.
Odd how Dems don’t go after those evil rich folk. Lottery jackpots should be limited because “nobody should have that much money”, etc. (Once again, the Marxist movement is about using populism to destroy prosperity.)
:-)
That is so amazing....lol.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.