The headline number on a record lottery drawing is designed to dazzle, but it does not reflect what a winner can actually ...

When jackpots get to $1 billion, it's a lottery frenzy. Edwin Castro, Florida, Publix, California and Christmas have strong ...

For millions of Americans, buying a lottery ticket is a small investment in a big dream. But let's face it: two games dominate the national stage. While Powerball and Mega Millions look similar at ...

Jackpot winners can receive the prize as an annuity (30 graduated payments over 29 years) or as a lump sum. According to Powerball, the jackpot has a cash value of 457.7 million. Under the annuity ...