LANSING, July 8, 2002 – As of 11:30 a.m. today,
lottery officials for the Mega Millions game announced that – due to solid
ticket sales – the estimated jackpot for July 9, has been increased by $5
million! The jackpot for tomorrow night’s Mega Millions drawing now sits at $115
million!
If one winning ticket matches all six numbers in
Tuesday night’s drawing and the player has selected annuity payments over 26
years, the $115 million jackpot would amount to pre-tax payments of roughly:
- $4.42 million per year;
- $85,059 per week; or
- $12,151 per
day!
For those who prefer to take their cash winnings
up-front, it’s a pretty nice payday as well. If one lucky cash-option
player matches all six winning numbers, he or she will take home a check for
approximately $63 million (before taxes), the estimated present cash
value of Tuesday’s $115 million jackpot!
Mega Millions tickets are available in Michigan,
Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio and
Virginia. Tuesday’s drawing will be conducted at 11 p.m. and broadcast on
cable superstation WGN out of Chicago as well as a network of Michigan stations
(check local listings). For more information, you can also visit the Mega
Millions Web site at: www.megamillions.com.
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