Des Moines, Jan 10 (AP) An estimated $1.1 billion Mega Millions jackpot drawing Tuesday evening has folks lined up at comfort shops nationwide to purchase tickets in longshot hopes of profitable a large prize, however store and fuel station house owners promoting the tickets even have an opportunity at a big-figure bonus.

State lotteries often reward the house owners of enterprise that promote profitable jackpot tickets 1000’s of {dollars} and even as much as $1 million, even earlier than these large prizes are claimed.

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FIRST THINGS FIRST, WHAT’S THE LATEST ON THE JACKPOT?

It appears nobody can win the Mega Millions jackpot, so it retains getting bigger. The final time somebody overcame the percentages of 1 in 302.6 million and received the highest prize was on Oct. 14. Since then there have been 24 straight drawings with out anybody snagging the jackpot. The prize now ranks because the fifth-largest, although it is nonetheless solely about half the dimensions of a report $2.04 billion Powerball jackpot, received solely a pair months in the past by somebody in California.

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While it looks like without end since somebody received, it is fairly a methods from the report of 41 straight drawings that has occurred a few occasions, most just lately main as much as that $2.04 billion California prize.

AND WHO IS THE LUCKY CALIFORNIAN?

That stays a thriller. The California Lottery hasn’t introduced a winner and says its coverage is to not acknowledge whether or not anybody has claimed a prize till a supposedly profitable ticket is vetted. All that is clear is {that a} ticket matching all six numbers drawn Nov. 9 was bought at Joe’s Service Center in Altadena, an unincorporated group northeast of Los Angeles.

ONE WINNER IN ALTADENA IS CLEAR.

Even if we do not know something in regards to the Powerball winner, we all know the service heart proprietor, Joe Chahayed, was paid his $1 million bonus by lottery officers. Standing beneath an indication hoisted by the lottery that learn, Billionaire Made Here, and surrounded by dozens of media representatives and well-wishers, Chahayed mentioned he deliberate to spend the cash on his 5 youngsters and would donate a few of it to assist his group. He did not have a clue who had bought the profitable ticket.

“I wish I knew the person but most people who buy tickets from me are from the neighborhood. I hope one of them will be the winner,” he mentioned.

HOW DOES THE RETAILER BONUS SYSTEM WORK?

The guidelines fluctuate from state to state. Ohio, for instance, pays as much as $100,000 to retailers who promote jackpot-winning tickets. In Illinois, retailers can rise up to a $500,000 bonus and in California, that profit tops out at $1 million. The state lotteries say it is a part of their efforts to encourage retailers to advertise ticket gross sales. Some enterprise house owners say in addition they typically see at the very least a short lived surge in enterprise, as superstitious gamers cease off to purchase their tickets at a spot the place somebody hit it large.

POWERBALL GETTING LARGER, TOO

Even because the Mega Millions jackpot grows ever bigger, the highest prize for the Powerball recreation can be nearing large standing. Ahead of a drawing Monday evening, that prize stands at $340 million for gamers who decide to be paid by an annuity, doled out over 29 years.

IF YOU BUY A TICKET, DON’T FORGET …

Whether you spend $2 or $200 on Mega Millions or Powerball tickets, your probability of profitable are extremely small. Powerball’s odds of 1 in 292.2 million are just a little higher than these supplied by Mega Millions, however they’re nonetheless depressing. Can’t get your thoughts round that? Andrew Swift, a arithmetic professor on the University of Nebraska-Omaha, described it one other manner, noting the percentages of profitable for an individual who buys a single ticket in both recreation are just a little worse than flipping a coin and getting heads 28 straight occasions.

AND DON’T FORGET THIS, EITHER

Although the publicized annuity prize of $1.1 billion for profitable Mega Millions or $340 million for Powerball jackpot get all the eye, winners not often select such a long-term cost possibility. They need their cash proper now. The money payout is far smaller, at $568.7 million for Mega Millions and $178.2 million for Powerball.

So as you dream of shopping for a yacht, possibly for settle for only one slightly than two.

Mega Millions is performed in 45 states in addition to Washington, D.C., and the U.S. Virgin Islands. (AP)

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff could not have modified or edited the content material physique)