JACKPOT ADVISORY - SUPERLotto PLUS JACKPOT RISES TO $90 MILLION
SACRAMENTO, June 20, 2001 -- Lottery officials announced the SuperLotto Plus jackpot at $90 million. "Sales have been steadily rising to make this the third largest jackpot in California Lottery history," said Director Joan Wilson. "Sales are phenomenal and with those sales, our California schools will receive more than $50 million from this jackpot which has rolled eight times."
Hourly sales for tonight's jackpot are projected to reach more than $4.4 million. Total draw sales since last Saturday are expected at more than $48 million. Today's sales are projected to reach approximately $30 million for the day and about $74,000 per minute. A single jackpot winner of $90 million would receive 26 annual payments with the first payment equaling approximately $2.25 million and the 26th payment being approximately $4.5 million before federal tax withholding. The estimated cash value of $45 million would equal roughly half of the jackpot, 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 April 17, 1991, the largest jackpot in California Lottery history reached $118.8 million and was won by 10 winning tickets and 54 winners. Sang Cho of Moraga California made Lottery history when he became the record-breaking highest individual jackpot winner of $89 million on March 3, 2001.
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.
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