ialottery blog

There’s No Surprise Like A Lotto Surprise!

Who doesn't love a good surprise? Starting Sunday, April 29, through Saturday, May 26, we’re giving away free plays to random Powerball, Mega Millions, Lucky for Life and Lotto America players - there’s a different bonus offer each week!

Week 1 (April 29 - May 5):
Chance for free Lotto America play(s) when you buy Powerball.

Week 2 (May 6 - May 12):
Chance for free Lotto America play(s) when you buy Mega Millions.

Week 3 (May 13 - May 19):
Chance for free Lotto America play(s) when you buy Lucky for Life.

Week 4 (May 20 - May 26):
Chance for free Powerball play(s) when you buy Lotto America.

For details on how to make a qualifying purchase and more information, visit our website at ialottery.com starting Sunday.

Dueling Jackpots Top $400 Million At Same Time To Start Off New Year!

For the first time ever, the jackpots in Powerball and Mega Millions have topped the $400 million mark at the same time. The Mega Millions jackpot is an estimated $445 million annuity ($277.6 million cash option) for Friday, while Powerball’s big prize is an estimated $550 million annuity ($347.9 million cash option) for Saturday. Both jackpots now rank in the Top 15 overall for record U.S. lottery prizes!

In August, both games saw jackpots that topped the $300 million mark simultaneously, but this time around both prizes have climbed even higher at the same time. That speaks to the unpredictable factor of lottery jackpots: You just never know when the next big winner will hit!

We're still on the look-out for a $1 million winner in central Iowa.

While the jackpots in both games have been climbing since October, there have been winners at other prize levels across the country, including a $1 million winner in Iowa. Someone who bought a Powerball ticket in central Iowa won a $1 million prize in the final drawing of 2017. The $1 million-winning ticket was purchased at the Kum & Go convenience store at 1200 N. Walnut St. in Colfax. It came within one number of having at least a share of Saturday’s $390.1 million Powerball jackpot, matching the first five numbers but missing the Powerball.

Kum & Go will receive a $1,000 bonus from the lottery for selling the $1 million-winning ticket at one of its stores.

Prizes of $1 million must be claimed at Iowa Lottery headquarters in Clive. If the winner or winners need information before coming forward to claim the prize, they are invited to call the lottery at 515-725-7900.

Here's a few historic facts about these dueling jackpots: 

Powerball’s big prize now ranks at No. 8 overall on the list of record U.S. lottery jackpots, while the Mega Millions jackpot is currently ranked No. 12.

And while the bigger games are a big run, the Lotto America jackpot also is really getting up there. Lotto America is a smaller regional game played by Iowa and 12 other lotteries. The jackpot in that game is at an estimated $17.58 million for Saturday’s drawing.

Some may wonder, would it be possible for one person to win the jackpots in both Mega Millions and Powerball? The short answer is: Yes, but …

It takes long odds to produce big jackpots. The odds of winning the jackpot in Mega Millions are about 1 in 302.6 million. The odds of winning the jackpot in Powerball are about 1 in 292.2 million. (The odds are based upon the total number of combinations available to play in each game.) To calculate the odds of winning both jackpots, you multiply 302.6 million by 292.2 million. The answer involves a lot of zeroes: about 1 in 88 quadrillion (that’s 88,000,000,000,000,000).

“Winning both jackpots is something fun to daydream about, but it’s probably the ultimate long shot,” Iowa Lottery CEO Terry Rich said. “That’s why we emphasize responsible play. Have fun playing the lottery, but remember that it’s just for entertainment. There is no guarantee you will win.”

So what’s behind the these giant numbers? Prior to January 2010, Mega Millions and Powerball were sold by separate groups of lotteries. U.S. lottery directors reached an agreement back then that allowed both games to be sold by all states. With more states selling a particular game, there is a bigger population base playing it, which produces higher sales overall and helps the jackpot climb higher.

The jackpots in both games have been growing for some time now. The Mega Millions jackpot was last won in the drawing on Oct. 13, split by two tickets purchased in Michigan and Rhode Island. It’s been growing since that time to hit its current level. Players can buy tickets in Iowa for the next Mega Millions drawing up until 8:59 p.m. Friday.

The Powerball jackpot was last won on Oct. 25 with a ticket purchased in Louisiana. Players can buy tickets here in Iowa for Saturday’s Powerball jackpot up until 8:59 p.m. that day.

It is true that both games have seen bigger jackpots, but not at the same time! Mega Millions and Powerball have both seen jackpots much larger than their current amounts, but not at the same time. Powerball currently has the world record lottery jackpot: a prize of nearly $1.6 billion that was split in January 2016 by three tickets in California, Florida and Tennessee. The largest Mega Millions jackpot to date is a $656 million prize won in March 2012 by three tickets in Illinois, Kansas and Maryland.

Here's a little compare and contrast for you:

Powerball jackpots start at $40 million and grow until they’re won. You choose five numbers from a pool of 69 and another number – the Powerball – from a separate pool of 26. If you match all six numbers, you win the jackpot, and there also are eight other prize levels you can win. Plays cost $2 and drawings are at 9:59 p.m. on Wednesdays and Saturdays.

Mega Millions jackpots also start at $40 million and grow until they’re won. Players in the game choose five numbers from a pool of 70 and another number – the Mega Ball – from a separate pool of 25 numbers. If you match all six numbers, you win the jackpot, and there are eight other prize levels you can win. Tickets cost $2 and drawings are at 10 p.m. on Tuesdays and Fridays.

Both games have a multiplier feature that costs an extra $1 per play and multiplies any non-jackpot prize won. Jackpot winners in both games can choose to receive their prize in annuitized payments over time or in a one-time, lump-sum payment.

Sales In Lotto America Start Sunday

We’ve been talking about it for a couple months now, and it’s almost time for sales to start in the new Lotto America game. Sales begin Sunday and the first drawing will be on Wednesday. Here’s a video that gives you all the details about how to play the game.

Hot Lotto Jackpot Money Will Roll Forward Into Lotto America Game

A couple weeks ago, I wrote about what would happen to the money in the Hot Lotto jackpot pool if the grand prize was not won by the time the game ended. And as it has turned out, the Hot Lotto jackpot indeed was not won before or during the game’s final drawing on Saturday.

The big prize that night was $12.16 million and no one won the jackpot by matching all six of the winning numbers in the final Hot Lotto drawing. So the money in the jackpot pool will roll forward into the Lotto America game that begins sales in less than two weeks on Sunday, Nov. 12.

The jackpot in Lotto America normally will start at $2 million and grow until someone wins it. But with the Hot Lotto jackpot money carrying forward, the jackpot in the first Lotto America drawing on Wednesday, Nov. 15, will be $15 million annuity. (The cash value of that first jackpot will be set just before the drawing occurs. Fluctuating interest rates prevent the lump-sum value from being set very far in advance.)

The situation involving the Hot Lotto jackpot and what would happen to the money has brought up a lot of discussion, and we’ve been glad to be part of it. We know that not everyone will be happy with the decision to roll the money from the jackpot pool into the new game. But the majority of folks seem to like that idea more than some others that were discussed, such as returning the money from the Hot Lotto jackpot to the states in the game, and allowing each state to then follow its rules and procedures for what would happen to the money.

With the extensive programming that it takes for lottery systems to offer a new product, the Lotto America game will move ahead as I have described here. The jackpot in that game will follow the traditional annuity or lump-sum model, and jackpot winners will be able to choose which option they want to take. We’re glad that players will have the chance to continue to play for the money in the Hot Lotto jackpot pool.

Below is an image showing the prizes that will be available in the Lotto America game and the odds of winning. Please note that the odds of winning the jackpot in Lotto America (1 in 25.9 million) will be better than those in Hot Lotto, where the odds of winning the top prize were 1 in 29.14 million.

If It Isn’t Won, Hot Lotto Jackpot Will Roll Into Lotto America Game

Since we announced in August that the Hot Lotto® game will end Oct. 28, we’ve heard from a lot of folks wondering what will happen to the game’s jackpot if it isn’t won by then. And today, we can announce that a decision has been made. The money in the Hot Lotto jackpot pool will roll forward into the new Lotto America^SM game if the jackpot hasn’t been won by the time Hot Lotto ends. 

Initial thoughts were that the money in the jackpot pool – which currently stands at $11.63 million – would be returned to the states in the Hot Lotto game in proportion to the percentage of sales that had come from each state. And the money could then be used for prizes in future games and promotions. But a lot of players said they want the chance to keep playing for that money.

So the 14 states in the Hot Lotto game have voted for that very thing to occur. If the Hot Lotto jackpot isn’t won before the game ends, the money in the jackpot pool will carry forward into the new $1 Lotto America game that begins sales on Sunday, Nov. 12. The jackpot in Lotto America normally will start at $2 million and grow until someone wins it, but if the Hot Lotto jackpot money carries forward, the first jackpot in Lotto America on Wednesday, Nov. 15, will be $15 million annuity!

Click here to see more details about Lotto America from our blog entry when we announced that game last month. And below, I've included an image showing the prizes that will be available in the Lotto America game and the odds of winning. The first column shows the prizes available if you don't add the All Star Bonus multiplier to your play. The other columns show the prizes available with the All Star Bonus, which will multiply any prize except the jackpot by two to five times.

     

Mega Millions Changing, New Lotto Game Debuts In November

Over the last several months, we’ve updated our line-up of lotto games and today we have two more announcements: In late October, $2 Mega Millions^® will debut, and a new $1 game with a retro name will begin in November. Like its predecessor from the late 1980s, that $1 game will be called Lotto America.

Iowa Lottery CEO Terry Rich said that the updates are designed to give people new options for playing, and are built upon the successful business model the lottery has utilized in its other product lines.

“We’ve seen over time that our players want choices -- different games at different price points with different features,” Rich said. “With a revamp for Mega Millions and a revival for Lotto America, we’re coming through with new options.”

Sales in $2 Mega Millions will begin Oct. 28 and the first drawing in the revamped game will be Tuesday, Oct. 31. The game’s jackpots will start at $40 million rather than today’s $15 million, and the top prize will grow by at least $5 million between drawings when it is not won. Players in $2 Mega Millions will choose five numbers from a pool of 70 and another number, called the Mega Ball, from a pool of 25.

That compares to today’s 1/75 + 1/15 game design. The odds of winning the jackpot will be longer in the new design, but the odds will improve for winning a $1 million prize for matching just the first five numbers.

“The new game design will mean bigger starting jackpots and faster-growing jackpots overall,” Rich said. “More $1 million prizes also will spread the winnings around in the game.”

Powerball became a $2 game back in 2012, and that change also was designed to deliver the big jackpots that people expect while achieving more significant winnings at the game’s other prize levels. Since that revamp, Powerball has seen a world-record jackpot of nearly $1.6 billion in January 2016 and a grand prize of nearly $759 million in August, the second-highest prize in the 25-year history of the game. Iowa Lottery players have won 26 prizes of at least $1 million since the debut of $2 Powerball.

“Players have told us they’d like to see new features in Mega Millions, and we needed a redesign to make that possible,” Rich said.

This is the first price adjustment in Mega Millions since the game began in 2002. Mega Millions will continue to have its drawings on Tuesdays and Fridays.

Because the Mega Millions game is changing effective Oct. 28, the lottery is required to limit the number of multi-draw tickets that are sold beginning Sept. 26. A countdown to the last drawing before the game changes started on this day, and the number of multi-draw tickets available will be reduced with each drawing until the game’s final drawing in the current format on Oct. 27.

A few weeks after the Mega Millions changes take effect, a new $1 lotto game will debut in Iowa and at least 14 other states: Lotto America. The name is a throwback to the first multi-state lotto game that became known for big jackpots in the United States. Iowa was a founding member of the original version of Lotto America, which began back in 1988 and made headlines around the world at the time for its jackpots before ultimately being replaced by Powerball in 1992.

Today’s version of Lotto America will feature jackpots that start at $2 million and drawings twice per week. The new game begins sales Nov. 12 and its first drawing will be Nov. 15. It will have drawings on Wednesday and Saturday nights and feature nine prize levels.

“As we were researching new game possibilities there was one name that kept coming up, so we decided to go vintage,” Rich said. “After 25 years, Lotto America is making a comeback, with new features for today’s players.”

Lotto America players will still find the playstyle of Powerball, with numbers selected from two separate pools for a chance at a big prize. Players in the game will choose five numbers from a pool of 52 and another number, called the “Lotto America Star Ball^SM” from a pool of 10. Players who match all six numbers selected in a drawing will win the game’s jackpot.

The game’s jackpot will grow by at least $50,000 per drawing until it is won. The game also will have a multiplier feature. The odds of winning the jackpot in Lotto America will be around 1 in 26 million, compared to odds of about 1 in 292.2 million of winning the Powerball jackpot and odds of about 1 in 302.6 million of winning the Mega Millions jackpot under that game’s new design.