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Record 476 Million Megamillions Lotto
03/28/2012 : NEW RECORD FOR MEGA MILLIONS LOTTERY
Friday's Jackpot currently approaching almost half a billion dollars
This Friday will see Americans betting on what is being claimed as the world's biggest ever lottery prize; Mega Millions has reached $476 million, and the action is likely to be hectic on March 30 as lottery bettors across several states go after the tempting prize.
Despite the phenomenal odds against winning, that sort of wagering frenzy could well drive the prize even higher by Friday's draw, observers opine.
To give a sense of the power of a big money jackpot, they point to the Mega Millions jackpot estimate that raised a staggering $113 million in just one drawing. It normally takes at least 9 consecutive drawings to raise the jackpot by that amount.
The lump-sum cash option of Friday's jackpot is $341.4 million — an increase of $81.6 million from Tuesday.
Friday's record Mega Millions jackpot is the result of an unprecedented 18 consecutive drawings without a top-prize winner. The jackpot started off as a $12 million grand prize on January 27th, and has continued to be drawn without a winner for two months.
Although the jackpot was not hit on Tuesday night, 47 lucky players matched the first 5 numbers for a $250,000 prize apiece.
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Gambling News :
Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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