LANSING, April 15, 2002 – After no one matched all six numbers in Friday night’s Big Game drawing (6-13-14-17-41 gold ball 6), the estimated jackpot for Tuesday, April 16 was set at $300 million.
Today, the Big Game directors are excited to announce that Tuesday’s estimated jackpot level has been increased to $325 million, thanks to soaring Big Game ticket sales!
"Jackpot fever has hit Michigan and all the Big Game states; it will be fun to see what happens Tuesday night!" said Acting Michigan Lottery Commissioner James Kipp.
If one winning ticket matches all six numbers in Tuesday night’s drawing and the player has selected annuity payments over 26 years, the $325 million jackpot would amount to pre-tax payments of roughly:
- $12.5 million per year;
- $240,384 per week; or
- $34,340 per day!
For those who prefer to take their cash winnings up-front, it’s an exceptional payday as well. If one lucky cash-option player matches all six winning numbers, he or she will take home a check for approximately $174 million (before taxes), the estimated present cash value of Tuesday’s $325,000,000 jackpot. (The Michigan Lottery is required by law to withhold estimated federal tax of 27 percent and estimated state tax of 4.1 percent, on any prize over $5,000.)
Big Game tickets are available in Michigan, Georgia, Illinois, Maryland, Massachusetts, New Jersey 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 Big Game’s Web site at: www.theofficialbiggame.com.
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