There are two options a winner can choose to claim the super lotto prize. They can either claim a lump sum of the cash value payment or opt to go with the modified payment options process where the jackpot is paid in 26 graduated annual payments. Should one choose to get the lump sum cash value of their prize, which is about 45% to 55% of the jackpot value, the amount one will receive will be subject to US federal tax, which is set at 25% for US citizens and 30% for non-residents.

Should one decide to go with the graduated annual payments; it too, will be subject to US federal tax on an annual basis and will have varied rates from one year to another. Though generally speaking, no taxes are due for lottery winnings. The benefit for opting for the long term payout is that the winner will still have the chance to be able to do some financial plans as they receive their payouts; this would enable the winner of the jackpot to have better financial security in the long run. Though the thought of a 26-year payout does not sound all that appealing as it may seem to be a long time, the common question asked is, what happens when the winner dies before the end of the annual payments? The answer is simple and beneficial; there is a trust form the winner can file any time they wish and indicate any trustee/s or beneficiary.

In the event that they pass away prior to the completion of the 26-year term, the payout will continue and will be granted to their declared surviving heirs. In case the trust form has not been filed in the prior the death of the winner, the lottery authority will deem to make the payments as specified in the regulations.

Superlotto Lottery Rules and Regulations February 2nd, 2010 From JohnCurio

The common concern among skeptics is the security of the draws to be random and fair. The Superlotto Plus governing body ensures the public that they do every precautionary measure to ensure the safety of the lottery balls and the actual draws. The draw balls are kept safely sealed and locked in a room with door alarms and is monitored with surveillance cameras and motion detectors round the clock. The only way one can get in to retrieve the lottery balls is with the use of two keys, one of which is in the hands of an independent representative.

At least once per month, all the draw balls, which are made from solid rubber, are individually inspected in terms of weight and measurement. There is a total of six draw balls sets, which the governing lottery bodies inspect and weigh to be able to ensure maximum consistency. The independent representative who participates in ensuring the fairness of the draws come from an independent firm of certified public accountants.

Their task is to witness all the draws, to observe, and to enforce the proper rules and guidelines, with all the activities recorded and filed. The independent representative is also responsible for randomly selecting the draw machine as well as the set of draw balls to be used for the day and conduct pre-testing prior to the actual draw to ensure that no faults are at hand. Should there be a flaw or a draw failure during the pre-testing, another set of balls will be selected and the same procedure for testing will be done on the new set.

Apart from the independent certified public accountant representative, the Superlotto Plus governing body is also aided by a mathematician, particularly a statistician who is responsible for reviewing all the results of the pre-test draws as well as the actual draws. The lottery’s internal audit office and the statistician keeps track of all the results and analyzes them accordingly to ensure that the randomness of the draws is still effective at its optimal rate. All of the lottery draws are open to the public and are always announced.

SuperLOTTO Plus - Lottery in California January 26th, 2010 From JohnCurio

In California the The SuperLOTTO Plus jackpot begins at a staggering $7 million, in recent years, the prize fund has hit a record $193 million simply because as with many lottery games, the prize pot grows every time there is no winner. To win, all you have to do is pick five numbers from 1 to 47 and one MEGA number from 1 to 27 and match them to the numbers drawn by the Lottery. Winning numbers are drawn every Wednesday and Saturday at 7:57 PM.

To win it, you must be in it!, SuperLOTTO Plus lottery tickets are only sold in person through the Californian Lottery retailers of which there are now over 19,000 across the sunshine state. You can also buy your SuperLOTTO Plus tickets online at TheLotter.com

How to Play the California Super Lotto January 19th, 2010 From JohnCurio

The California State Lottery began on November 6, 1984.   In order to play (and hopefully win) you must choose five numbers ranging between 1 to 47 and also a MEGA number from between 1 to 27 .  You can also select the QuickPick feature and allow the computer to randomly choose your  numbers for you.

Watch the SuperLOTTO PlusSM draw (every Wednesday and Saturday nights) to see if your numbers match the winning numbers drawn.  There are 9 ways to match and win. In fact, you can win even if you just match the MEGA number. To win the Jackpot, you must match all five numbers plus the MEGA number.

play the California Super Lotto at theLotter.com

The SuperLOTTO Plus jackpot starts at $7 million, and has reached a record $193 million because the jackpot grows each time there is no winner. To win, all you have to do is pick five numbers from 1 to 47 and one MEGA number from 1 to 27 and match them to the numbers drawn by the Super Lotto Lottery. Winning numbers are drawn every

Wednesday and Saturday at 7:57 PM.

California began offering lotto style games in 1986 with the 6-49 game that suffered several changes throughout the years. The current 47/27 variant began in year 2000 and continues until now with the name Super Lotto Plus.