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What is Magic Gold Slots: Lucky Spin?
Lottery officials said the Powerball winner elected for the one-time cash option instead of the annuity paid out over 29 years. The $450.5 million lump sum payout was reduced to about $261.5 million after federal and state taxes.
The $1.04 billion jackpot ranked eighth all-time in Powerball history and marked the 15th billion-dollar lottery prize won in the United States. It stands as the second-largest lottery prize ever claimed in Illinois, trailing only the $1.33 billion Mega Millions jackpot won in July 2022.
“A jackpot of this magnitude is an extraordinary event, and we’re excited to see the second-largest lottery prize ever won in Illinois officially claimed,” said Illinois Lottery Director Harold Mays. “It’s exciting to see such a significant Powerball win come to an Illinois player, and we’re pleased to celebrate this milestone with them.”
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“Now, having said that, we’ve also been in a low sportsbook activity environment during July when most football leagues have been closed. But we have that underlying improvement in momentum, and we continue that now throughout the rest of the year.”
Beyond SunBet’s growth, another highlight of Sun International’s H1 was a return to growth for its land-based casino segment, for the first time in three years.
Revenue from land-based casinos increased 1.5% to R3.42 billion, while Sun International’s market share in South Africa grew 2.3% to 49%.
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David further emphasised the impact such a tax rise would have on high street workers and communities.
“They are people losing their jobs and communities losing long-established high-street businesses,” David wrote.
“These jobs matter. They matter particularly in communities where good local employment can be difficult to find.”