ECONOMY

Lottery revenues and large prizes drive recent payouts

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Lottery revenues and large prizes drive recent payouts

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United States. State lotteries reported transfers and jackpots, with state officials confirming revenue and prize claims. The Mississippi Lottery transferred $12,060,016.71 in January, bringing fiscal contributions to $78,654,982.31 and nearing an $80 million transportation cap; later proceeds will fund education. In Michigan, a Ludington three-person club claimed a $1 million Powerball prize from the Dec. 20 drawing after seeing a Facebook post. In Georgia, a Gillsville resident claimed $1.5 million on Feb. 6. An $85 million Oklahoma Powerball ticket was claimed by a trust, yielding a $29.3 million lump sum after taxes. Based on 6 articles reviewed and supporting research.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

Late 2019 — Mississippi launches lottery sales; cumulative contributions exceed $770 million since launch.
July 2 — An $85 million Powerball ticket (Altus) was claimed by the Zorro Trust; lump-sum after taxes was reported.
Dec. 20 — Michigan Powerball drawing produced a $1 million winning ticket purchased in Ludington.
January — Mississippi Lottery transferred $12,060,016.71, bringing fiscal contributions to $78,654,982.31 toward an $80M cap.
Feb. 6–7 — Georgia player claimed $1.5 million on Feb. 6; a $1 million Powerball ticket sold in Loganville after Feb. 7 drawing.