Why Billions Of Dollars In Lottery Prizes Go Unclaimed

06 January, 2018, 02:40 | Author: Katrina Soto
  • Why Billions Of Dollars In Lottery Prizes Go Unclaimed

Well, no one has won the Mega Millions lottery jackpot since the new rules were put in place (unless someone did last night) and now the top prize has risen to more than $400 million.

Manager Jeff Green said almost all of the players getting lotto tickets are from Utah, since gambling is illegal in the Beehive State.

There was no grand prize victor in Tuesday's drawing.

The combined total of the two jackpots is now a whopping $1.02 billion, making it the third-largest combined total for the two games.

Both games also have been modified in the past couple of years in ways that increased jackpots.

The Mega Millions and Powerball jackpots hover around and exceed the $500 million mark.

Mega Millions, which is now valued at $450 million, will be drawn tonight, January 5; Powerball will be drawn Saturday, Jan 6.

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Until October, Mega Millions players picked five numbers from 1 to 75 and a Mega number between 1 and 15. "If you don't play, you don't win". This is still the fourth-largest jackpot in Mega Millions history and the 11th-largest jackpot in US lottery history.

The jackpot goes to a victor who matches the five numbers and the Powerball number, but winners also can win smaller prizes by matching some of the numbers.

"Well, I got a big family, so I would pay off lots of bills, give some to my church, my community and spend the rest on me", Hurtado said with a chuckle.

The Powerball odds on Saturday night are a little better: 1 in more than 292 million.

"When the jackpots reach these levels, everyone starts to daydream about what they would do if they won", Gordon Medenica, Mega Millions lead director, said in a statement. The biggest Mega Millions jackpot was in 2012, when three winners split $656 million.

Even some winning instant scratch-off game tickets are never handed in to claim a prize, Jacobson said.

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