SACRAMENTO -- Lottery officials announced the SuperLOTTO Plus® jackpot for Wednesday, January 18, 2006 at $77 million.
A single jackpot winner of $77 million choosing annual payments would receive 26 annual payments with the first payment being approximately $1.925 and the 26th payment being more than $3.927 million before taxes. The estimated cash value would equal roughly half of the jackpot or $38.5 million, the amount the Lottery would invest to payout the jackpot prize over 26 years.
California businesses win too. A retailer who sells a single winning $77 million ticket would receive a $385,000 bonus for selling the winning ticket.
On November 15, 2005, the record-breaking jackpot in California Lottery history reached $315 million and was won by one winning ticket purchased in Anaheim. The group of co-workers, dubbed “The Lucky 7” were the owners of the lucky ticket and gained international fame after winning the largest jackpot in California Lottery history. The retailer who sold the winning ticket, Rainbow Water, received the maximum bonus allowed to MEGA Millions retailers of $1 million. 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 approximately 18,000 retail business establishments around California. 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.