JACKPOT ADVISORY - SUPERLotto PLUS JACKPOT RISES TO $68 MILLION
SACRAMENTO, March 14, 2002 -- Lottery officials announced the SuperLotto Plus jackpot for Saturday, March 16, 2002 at $68 million. "It only takes one dollar for a chance to win the jackpot," said Director Joan Wilson. "California schools will profit to the tune of $34 million from this jackpot."
The California Lottery for the second time in 2002 has the largest single-state jackpot in the country. 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 $3.4 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.
On February 16, 2002 the largest 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.
With at least 34% of all Lottery sales going to education, the sales from this jackpot (which has rolled 6 times since February 16, 2002) will generate an estimated $34 million for public education.
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 may purchase tickets until 7:45 p.m. on the night of the draw.
A lucky winner who bought their ticket at the Fig Tree Liquor in Fresno has yet to claim their $21.5 million jackpot from January 5, 2002. That ticket will expire at 180 days after the date of the draw or July 5, 2002.
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