Can't Get a Super Bowl Ticket?
SACRAMENTO, January 23, 2003 -- Lottery officials announced the estimated SuperLotto Plus jackpot for Saturday night's draw at $68 million. "This is already an exciting weekend in California with the big game this weekend in San Diego," stated Joan Wilson, Director of the California Lottery, "Now California also has a $68 million SuperLotto Plus jackpot up for grabs!"
A single jackpot winner of $68 million would receive 26 annual payments with the first payment equaling approximately $1.7 million and the 26th payment being approximately $3.46 million before taxes. The estimated cash value would equal roughly half of the jackpot, $34 million or the amount the Lottery would invest to payout the jackpot prize over 26 years. In the event of the death of a winner, the full prize is paid to the estate of the winner. California's schools will get more than $42 million from this jackpot and all the rolls associated with it. A retailer who sells the winning ticket would receive 1/2 of 1% of the jackpot as a bonus for selling the winning ticket. A single winning ticket would yield $340,000 for the retailer.
On February 16, 2002 the largest jackpot in California Lottery history reached $193 million and was won by 3 winning tickets from Orange, Half Moon Bay and Montebello. On June 23, 2001 the second largest jackpot in California Lottery history reached $141 million and was won by a single winning ticket. Alcario Castellano of San Jose, California became the record-breaking highest individual jackpot winner of $141 million.
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 can purchase tickets until 7:45 p.m. on the night of the draw.
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