Sunday, June 27, 2004
ATLANTA – Mega Millions is growing by leaps and bounds. Lottery officials announced today that the Mega Millions jackpot has been increased from $210 million to $220 MILLION for Tuesday’s (6/29) drawing.
“Larger jackpots are exciting for lottery players,” said Georgia Lottery Corporation President and CEO Margaret DeFrancisco. “Even more exciting is knowing that education in the state of Georgia is the ultimate winner.”
Mega Millions offers players two payment options: 26 annual payments in equal installments or a single check worth the cash value of the estimated jackpot. Any lucky Mega Millions player who matches all five white ball numbers, along with the Mega Ball number, could walk away with over $8.4 million a year (before taxes) for 26 years with the annuity option. Or a player could pre-select the cash option and win a single check worth approximately $124 million (before taxes).
Any Georgia Lottery retailer who sells a winning Mega Millions jackpot ticket can earn the $25,000 retailer incentive bonus payment. If more than one winning jackpot ticket is sold in Georgia, the retailers selling the winning tickets will share the $25,000 retailer incentive bonus.
As with all other Georgia Lottery games, proceeds from Mega Millions will benefit education in the state of Georgia. Since its first year, the Georgia Lottery Corporation has returned over $6 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs. These include Georgia’s HOPE scholarship program; a statewide, voluntary pre-kindergarten program for four-year-olds; and a wide range of technological and capital upgrades for the state’s schools, technical institutes, colleges, universities and public libraries.
For more information, please visit the Media Center on the GLC Web site at:
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Georgia Lottery Corporation
Media Relations Department