LotteryHUB Weekly Review
July 12, 2013 – It’s finally Friday after a full week, so naturally it’s time to start crossing your fingers that you’ll hit the Powerball or Mega Millions jackpot this weekend and mysteriously disappear from your office come Monday.
One lucky player in Michigan got that chance last Friday night, when their ticket matched all six numbers to win the $79 million Mega Millions jackpot.
The winner, David from Sterling Heights, Mich., did not want to release his last name, but gave an interview with his local WDIV 4 news station.
“Europe, Lamborghinis, Ferraris, and, of course, about a 5,000 square foot house and that’s about all I need,” David said.
While many big jackpot winners choose lump sum payouts, David decided to avoid the “take the money and run” road and opted to receive the entire $79 million prize in 26 annual payments – just over $3 million per year before taxes.
That’s the fifth rollover in the current run since June 22, when a South Philadelphia beer distributor sold a winning ticket for the $131.5 million jackpot, which has still not been claimed.
All these big and quickly-growing jackpots have made lotteries across the U.S. more profitable. Financial reports released this week showed record-breaking revenues, most notably in Florida and Missouri.
The Florida Lottery’s report tallied more than $5 billion in sales last year, with a record $1.41 billion return to education programs in the state.
That payment to Florida education marks the eleventh consecutive year of Lottery funds in excess of $1 billion going back to education.
Missouri’s total sales of $1.14 billion eked out last year’s record by about $40 million, marking the third consecutive year of sales over $1 billion.
Their 4 percent increase in sales also allowed the Missouri Lottery to make a record payment to state education programs, about $288 million.
In Washington, D.C., revenues are staring down a $12 million per year loss after the D.C. Council rejected a contract renewal for Lottery vendor Scientific Games, citing issues with the company’s use of local subcontractors.
According to the Council, Scientific Games fell well short of the districts requirement that 35 percent of business be given to local subcontractors for lottery operation.
Nearby in Maryland, the Lottery announced that it was teaming up with former Baltimore Ravens offensive tackle Jonathan Ogden on a Keno promotion.
Players can enter for a chance to win up to $75,000 and signed Ravens gear.
And finally, the fun promotion pick of the week started Monday in Washington state.
Washington’s Lottery has asked players to help them design their next scratch-off game in a contest that may settle the age-old battle between cats and dogs.
Players who think they’re pet has a face for fame can snap pictures of their furry friends (cats or dogs only) and send them in to the Lottery, and then vote on the best ones from July 29 to Aug. 4.
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