SACRAMENTO — January 16, 2003 -- Lottery officials announced the estimated SuperLotto Plus jackpot for Saturday night's draw at $46 million. "This is a very exciting time to be in California, with a jackpot this large, someone's life could literally change overnight," said Lottery Director Joan Wilson. "Public schools will benefit by this jackpot with an additional $28 million."
A single jackpot winner of $46 million who chooses the 26 graduated annual payments would receive approximately $1,150,000 the first year and $2,346,000 the 26th year (before taxes). A single jackpot winner who chooses the cash option would receive the estimated cash value which is roughly half the announced jackpot or $23 million (before taxes).
On February 16, 2002 the largest jackpot in California Lottery history reached $193 million and was won by 3 winning tickets purchased in Montebello, Orange and Half Moon Bay. Alcario Castellano of San Jose, California made Lottery history when he became the record-breaking highest individual jackpot winner of $141 million on June 23, 2001.
SuperLotto Plus can be played at more than 18,000 retail business establishments around the state. The SuperLotto Plus draw takes place each Wednesday and Saturday night at 7:58 p.m. Players may purchase tickets until 7:45 p.m. on the night of the draw.
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