It Only Gets Better At New York Mega Millions!
August 29th, 2009 - 6:37 pm ICT by GD ( Leave a comment )By Meena Kar
On Friday, New Yorkers optimistically cued up to try their fate at the Mega Million offer of $333. The chances of a lottery ticket holder winning the prize is one in 175711536. If a person bought 176 million combination, each ticket costing him a dollar,he was sure to win $157 million!!
The 12 state lottery is expecting people to buy hundreds of million tickets anticipating that it will serve the purpose of vicariously getting the feel of being a millionaire,since a winner would emerge soon.
Mega Millions projected its jackpot estimate by a raise of $8 million, as per the mind-boggling sales on Friday.
New York Mega Millions spokeswoman Jennifer Givner told sources, “This is a huge jackpot.There’s a lot of excitement about it and we probably made a conservative estimate of the jackpot.”
Sander Sharman a newsstand owner on 9th Avenue,57th Street in New York registered a marveloussale of 4200 tickets in a day as against the normally expected 1200.
Following the draw, 12 states which have participated, will check out if there is a match.While the winners will walk away with 50% of the collection approximately 35% will get divided betwixt the state coffers and the remaining 15% will get distributed among lottery retailers and administrative costs.
A New York City Transit Employee was the last winner in the month of July hen he won an incredible $133 million. The jackpot then receded to its base of $12 million.
Today morning it will be known if there is a sole winner or multiple winner,and if either of it is not the case then the jackpot money will automatically get raised when the money is pooled into formulation of a higher jackpot.
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Tags: administrative costs, conservative estimate, jackpot estimate, jennifer givner, kar, lottery retailers, lottery ticket, mega million, mega millions, month of july, new york city transit, new yorkers, newsstand, sole winner, spokeswoman, state coffers, state lottery, ticket holder, vicariously, york city transit