SACRAMENTO, April 29, 2005 -- Lottery officials announced the SuperLOTTO Plus jackpot for Saturday night’s draw at $40 million. “It’s time for Spring cleaning,” said Chon Gutierrez, Acting Director for the California State Lottery. “So if you find a dollar in the sofa, why not use it to try and win our $40 million SuperLOTTO Plus jackpot? This $40 million dream only costs $1.”
A single jackpot winner of $40 million who chooses the 26 graduated annual payments would receive $1 million the first year and those payments would graduate to more than $2 million by 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 $20 million (before a 25% federal withholding).
A retailer who sells a single winning $40 million ticket would receive a $200,000 bonus for selling the winning ticket.
SuperLOTTO Plus can be played at approximately 18,000 retail business establishments statewide. The SuperLOTTO Plus 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.