JACKPOT ADVISORY: SUPERLotto PLUS JACKPOT ROLLS TO $49 MILLION JUST IN TIME FOR CHRISTMAS
SACRAMENTO, December 23, 2003 -- Lottery officials announced the estimated SuperLotto Plus jackpot for Christmas Eve night at $49 million. Share the spirit of giving this holiday season…buy a SuperLotto Plus ticket and make dreams come true. An important aspect is that California's public schools will receive approximately $30 million from the draw sales associated with this jackpot.
A single jackpot winner of $49 million who chooses the 26 graduated annual payments would receive approximately $1,225,000 the first year and those payments would graduate to nearly $2,500,000 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 $24.5 million (before taxes).
A retailer who sold a single winning $49 million ticket would receive a $245,000 bonus for selling the winning ticket.
SuperLotto Plus can be played at more than 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.
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