CALIFORNIANS CATCH Lotto FEVER - SUPERLotto PLUS JACKPOT ROLLS TO $40 MILLION
SACRAMENTO, January 12, 2001 -- Lottery officials announced the estimated SuperLotto Plus jackpot for Saturday night's draw at $40 million. "Our jackpot is at $40 million right now which makes it a very exciting time in California," said Lottery Director, Joan Wilson. "Even more exciting is that California's public schools will receive more than $23 million from this jackpot and the rolls associated with it."
A single jackpot winner of $40 million who chooses the 26 graduated annual payments would receive approximately $1,000,000 the first year and those payments would graduate to $2,040,000 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 $20 million (before taxes).
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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