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06.02.1999
SuperLotto Jackpot For Tonight's Draw At $30 Million
SACRAMENTO -- Lottery officials announced the estimated SuperLotto jackpot for Saturday night's draw at $41 million. "Our jackpot is at $41 million right now which makes it a very exciting time in California," said Lottery Commission Chairman, Dan Apodaca. "Even more exciting is that California's public schools will receive $23.5 million from this jackpot and its five rolls."
A single jackpot winner of $41 million who chooses the 26 graduated annual payments would receive approximately $1,025,000 the first year and those payments would graduate to $2,091,000 by the 26th year (before taxes). A single jackpot winner who chose the cash option would receive the estimated cash value which is roughly half the announced jackpot or $20 million (before taxes).
SuperLotto can be played at more than 18,000 retail business establishments around the state. The SuperLotto draw takes place each Wednesday and Saturday night at 7:58 p.m. Players can purchase tickets until 7:45 p.m. on the night of the draw.
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