MEDIA ADVISORY - RING IN THE NEW YEAR WITH SUPERLotto PLUS JACKPOT OF $40 MILLION!
SACRAMENTO, December 28, 2004 -- Lottery officials announced the estimated SuperLotto Plus® jackpot for Wednesday, December 29, 2004 to be $40 million. “Some lucky lottery player has the exciting opportunity to ring in the New Year by winning $40 million,” said Lottery Interim Director Chon Gutierrez.
A single jackpot winner of $40 million choosing annual payments would receive 26 annual payments - with the 1st payment being approximately $1 million and the 26th payment being more than $2 million before federal withholdings. The estimated cash value would equal roughly half of the jackpot or $21 million, the amount the Lottery would invest to payout the jackpot prize over 26 years.
California education and businesses win too. A retailer who sells a single winning $40 million ticket would receive a $200,000 bonus for selling the winning ticket and California's public schools would receive $20.8 million from the draw sales associated with this jackpot.
On February 16, 2002, the record-breaking 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.
The California Lottery is proud to have contributed more than $1 billion to public schools during fiscal year 2003/04, for the fourth consecutive year. And, it is looking forward to accomplishing it again this fiscal year!
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