EagleTribune.com, North Andover, MA

November 29, 2012

Four $1M Powerball tickets sold in Mass.

The Eagle-Tribune

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BRAINTREE – Tickets sold in Arizona and Missouri matched all six numbers drawn (5-16-22-23-29 Power Ball 6) in last night’s Powerball drawing to split the multi-state game’s record-high $587.5 million jackpot.

Each winning ticket holder will have the option of receiving their share of the $587.5 million in annual prize payments over 29 years or taking half of the $ 384,747,857 one-time lump sum cash option.

Four tickets sold in Massachusetts came just one number shy of sharing the jackpot, which was a record-high in Powerball’s 20 year history. Each still won $1 million for matching the first five numbers drawn, but missing out on the Power Ball. Those tickets were sold at: Galaxy Newsstand, 385 Southbridge Street, Auburn; City Convenience, 23 Beacon Street, Boston; 7-Eleven, 1306 Washington Street, Boston (South End); and, Tedeschi #153, 268 Union Street, Rockland. There were also 16 tickets sold in Massachusetts that matched four numbers, plus the Powerball, to win $10,000 each and over 297,000 tickets winning prizes ranging from $100 to $4 that totaled $1,772,700.

This $587.5 million jackpot had been growing for 16 consecutive drawings since Powerball had its most recent winner on October 3. Game tickets were selling at a frenzied pace across the country, causing the jackpot amount to grow by $162.5 million in the days leading to the drawing. Massachusetts Lottery retailers were ringing in approximately $23,000 in ticket sales a minute last night during peak hours.

Over the 16 draw series, more than $1.277 billion in tickets were sold nationwide, of which $38.5 million were sold by Massachusetts Lottery retailers. Sales from this jackpot run generated approximately $16.1 million in net profit for the Commonwealth, all of which is returned to the state’s General Fund in unrestricted local aid for cities and towns. The Lottery’s statewide network of retailers also benefited from the record-high jackpot, earning more than $2 million in commissions just from the sale of Powerball tickets.

Massachusetts Lottery players won big as well with Powerball’s lower tier prizes ranging from $1 million to $4 totaling $8.24 million since this jackpot began growing eight weeks ago.

With last night’s jackpot win, Powerball’s top prize for Saturday, December 1 resets to $40 million. In addition to Massachusetts, Powerball is played in 41 other states, Washington, DC, and the U.S. Virgin Islands. Drawings are held every Wednesday and Saturday at 10:59 p.m. in Florida. Drawing videos and game results are posted on the Lottery’s website: www.masslottery.com.