New York Sweet Million Results, Intelligent Picks, Lotto Wheels
New York Sweet Million News and Payout for Wednesday, December 30th, 2020
Even though there was no grand prize winner Wednesday evening, Powerball had some huge winners. There were a total of 14 third prize winning tickets with or without Power Play. 2 additional tickets at this prize level were also wisely purchased with the Power Play option that multiplied winnings 4 times to $40,000 cash!
Other prizes won Wednesday night included 565 tickets that matched 4 white numbers and won $100. 134 additional tickets of this prize level were also wisely purchased with the Power Play option that doubled the prize to $200 cash! 1459 tickets matched three of the five lotto numbers, plus the Powerball number. These tickets are also each worth $100. There were 302 tickets matched 3+1 with Power Play option, doubled the winnings to win a total win of $200 each.
With 9 prize levels, the Wednesday night’s drawing produced 1,124,670 winning tickets across U.S. with a total amount of $0 prizes.
Powerball lottery is played in 42 states, D.C. and the US Virgin Islands. Powerball drawings occur 2 times a week every Wednesday and Saturday night at 10:59 p.m. Eastern Time. The odds of winning any prizes is about 1 to 32. The odds of matching all six Powerball numbers are 1 to 292,201,338. The minimum Powerball advertised grand prize starts at $40,000,000. Its annuity option is paid in 30 graduated payments. Winners may choose one lump-sum cash payout option instead.
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About New York Powerball
Like all other Powerball lotteries, the purpose of the New York Powerball lottery is the generation of revenue for the states that run it. A lot of the money it earns is also used for various social and educational programs in the state. Only half the cost of the New York Powerball lottery ticket goes towards the prize. The remaining money is retained by the lottery organization in order to pay for administrative overheads as well as the various beneficiary programs of the lottery. 25 percent of the jackpot money is kept by the federal government in the form of taxes. Winners of the New York Powerball lottery will pay 8.97 percent tax to the state and 3.6 percent to the city.
The New York Powerball is drawn every Wednesday and Saturday at 10:59 p.m. EST. Sales for the draw are stopped 59 minutes ahead of the draw. The winner of the draw has the option of taking the money as a onetime payment or as the total prize remunerated over the duration of 29 years. On choosing the latter option by the winner, then the yearly payment will be amplified with each payment. The percentage of annual rise is determined by the rules set down by the company.
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More About New York Powerball
Half the total sales amount for a New York Powerball draw is given out as prize money. Of this money, 64% is given out as the first prize. There are eight more prize levels and the remaining prize money will be distributed amongst them. In case a particular draw does not have a winner for the First Prize then the money is carried over to the next draw. This is done until the jackpot is won, and results in a huge prize amount in certain circumstances. The record breaking prize money happened because many consecutive draws did not have a winner. The second prize in the New York Powerball lottery is $1,000,000 and this amount is paid in cash. According to experts, the odds of winning money in the New York Powerball lottery are around 1 in 32.New York(NY) Sweet Million Latest Results, Past Numbers, Intelligent Picks, Power Picks, Lotto Wheels and Lotto Analysis, including Sweet Million Frequency Chart, Overdue Chart, Skip/Hit Chart, etc.
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New York Sweet Million Lotto
New York Sweet Million Lotto was launched on September 2009 and was the New York Lottery’s first new draw game since 2002.
It seems that because this lotto game features a relatively small pool of only 40 numbers, it’s billed as the “best odds to win a million for a dollar”.
Of course, New York Sweet Million Lotto cannot beat the popularity of other American giant lotteries like Megamillions, Powerball or even a sister lotto game New York Lotto.
New York Sweet Million Lotto is a classical lotto draw lottery game where, players choose 6 lucky numbers from a pool of numbers from 1 to 40.
Of course, when you play New York Sweet Million Lotto localy, in person, you may use blank playcard, like this one seen on the left.
Local players who do not know which numbers to pick can simply ask for a Quick Pick or choose 6 numbers from a field of 1-40 on a New York Sweet Million playcard.
You can play up to 10 games on a single playcard.
On the left: New York Sweet Million Lotto blank coupon playcard.
New York Sweet Million Lotto Basics
In New York Sweet Million Lotto prize values are predetermined. Unlike in other classical lotto games, the first prize is always on the $1,000,000 level and there is no roll-over feature, if jackpot is not won.
However, in the event that there are more than 5 first prize winners, those winners will share $5,000,000 in proportion to the number of winners.
Prize levels 2nd through 4th are also subject to be paid on a pari-mutual basis. Overall payouts are 48.8% of sales.
On the right picture: New York Sweet Million Lotto ticket bought for $1, at local shop, in 2009.
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