Yes, someone did win Wild Money. On December 30, 2020, Victoria Durso of Providence, Rhode Island was announced as the winner of the Wild Money Jackpot, winning $640,000. Durso matched four wild Money numbers (including the Wild Money ball), scoring the jackpot.
The jackpot was the twenty-eighth one to be won in Wild Money’s history. Since 2003, Rhode Island Lottery Wild Money has provided players with the chance to win generous jackpots. The top prize is $100,000 per draw and players can play up to 10 draws a week.
To win, players need to match three, four, or five of the winning numbers, as well as the Wild Money ball to win one of the twelve different prize tiers.
What are the odds of Winning Wild Money?
The odds of winning a Wild Money prize depend on the type of game and the amount of tickets purchased. The odds of winning any prize on a Wild Money ticket range from 1 in 8 for a $2 ticket to 1 in 967 for a $50 ticket.
The odds of winning the top prize on a Wild Money ticket are 1 in 739,688 for a $2 ticket, 1 in 292,201 for a $5 ticket, 1 in 216,000 for a $10 ticket, and 1 in 4,032,000 for a $20 ticket. The odds of winning the ever-growing Jackpot Prize are 1 in 1,332,600.
Overall, the odds of winning any prize playing Wild Money are 1 in 4, giving players a 25% chance of taking home a prize. However, the lower the ticket price, the lower the odds of winning big.
Where was the wild Money won?
The Wild Money lottery game is a lottery game played in the US state of Rhode Island. Players can purchase a Wild Money ticket with numbers from 1-35 that is drawn six nights a week. When the drawing is announced, players who purchased Wild Money tickets with numbers that match the draw numbers win a prize! The overall prize total from each draw depends on the number of tickets sold and the number of people who match all six draw numbers.
All major prizes are won from the Rhode Island State Lottery headquarters in Cranston, RI.
The main Wild Money draw is held on Wednesday and Saturday nights at 7:29 p. m. Eastern Time with the winning numbers and prizes being announced shortly after the draw. There is also a Second Chance draw on Monday, Tuesday, Thursday, and Friday nights at 7:29 p. m.
Eastern Time that gives players the opportunity to win a secondary prize. The winning numbers and prizes can also be found on the Rhode Island Lottery’s official website.
The Wild Money game is an exciting lottery that has been around since 1991 and has created many winners over the years. It continues to be popular among lottery players as it provides an opportunity for them to win big prizes in Rhode Island.
What was the largest Wild Money jackpot?
The largest Wild Money jackpot was $600,000 in the drawing on May 13, 2016. The winning numbers were 1-5-9-24-35 and the Wild Ball was 15. It was the largest jackpot won since the game began in September 2002.
Two tickets matched all 5 numbers plus the Wild Ball to win the top prize. Those tickets were sold at Stop and Shop Gas in Coventry and at a Del’s Market in Little Compton. In addition, four other tickets won $3,000 in the same drawing, and over 13,564 winning tickets exceeded their money value, totaling to over $787,390 in winnings.
Which lottery has the highest chance of winning?
The lottery with the highest chance of winning depends on the game in question. Generally, smaller games with fewer numbers to pick or games where winners are chosen via a random draw tend to have the highest chance of winning.
For example, in the United States, the odds of winning the multi-state Powerball® lottery are 1 in 292 million, while the odds of winning a local lottery game like Cash 5 are much higher at 1 in 324,632.
Other games like instant-win scratch-off tickets sometimes offer prizes with odds as good as 1 in 4. Ultimately, the game with the highest chance of winning depends on the specific rules of the game.
Which lottery has odds?
The lottery has odds just like any other type of gambling. Each lottery has a differing degree of odds, but all lotteries have odds. Generally, the higher the number of entrants and the larger the pool of money, the longer the odds.
For example, the Powerball lottery has an estimated 1:292 million odds of winning while the Mega Millions has an estimated 1:302 million odds of winning. In comparison, the odds of winning a smaller local lottery may be as low as 1:5,000.
In addition, the lottery odds vary with each individual game and entry since some lotteries are based on specific numbers or symbols that must match. Many games also have different ways to win with differing odds for each option.
Some lotteries also offer bonus draws or consolation prizes. Depending on the specific game, playing more can give you more chances to win, however it does not automatically increase your odds of winning.
When it comes to lotteries, understanding the odds can help you decide which one to play and weight the relative chances of success.
How rare is it to win the jackpot?
It is extremely rare to win the jackpot in any lottery game. Depending on the type of game and the jackpot amount, the odds of winning the jackpot can range from incredibly small to nearly impossible.
For example, the odds of winning the Powerball jackpot are 1 in 292,201,338, while the odds of winning the Mega Millions jackpot are 1 in 302,575,350. Additionally, the odds of winning a lottery game can depend on the number of players who have entered and the number of winners that have already been determined for that particular game.
Although it can be extremely difficult to win a jackpot, the potential rewards can be life-changing. As such, many people purchase lottery tickets in the hopes of striking it big and taking home the grand prize.
How many numbers do you need for wild Money?
In order to play Wild Money, you will need to pick 5 numbers out of a pool of 36 numbers, ranging from 1 to 36. Additionally, you will also need to pick a Wild Ball number out of a pool of 12 numbers, ranging from 1 to 12.
Therefore, you will need a total of 6 numbers to play Wild Money.
How much do you win with wild ball?
Wins with a Wild Ball depend on the particular game that someone is playing. In most traditional lottery games, the Wild Ball will replace a number in the set of numbers you have chosen and can potentially increase the winnings of any given play.
Wild Ball comes with different multipliers, depending on the lottery. For example, in the EuroMillions game, when a Wild Ball appears the prize for matching two main numbers is multiplied by three, so a ticket that would’ve paid €2.
50 ends up paying €7.50. If a Wild Ball appears with (three) main numbers on a ticket, whether it be with one line or multiple lines, the winnings for a match of three main numbers is multiplied by two, from €17.
50 up to €35. Following the same line of reasoning, a Wild Ball appearing with (four) main numbers on a ticket multiplies the winnings for a match of four main numbers from €140 up to €280. It is advisable to check the rules of your particular lottery prior to playing, so you know what to expect when it comes to how much you can win with the Wild Ball.
What is the payout game?
The Payout Game is an online redemption and cash payment service that allows people, especially independent entrepreneurs, to accept and payout money quickly and securely via their mobile device. It utilizes several different payment methods such as PayPal and Venmo, and makes the process of paying people and accepting payments seamless and painless.
The Payout Game features a suite of features and benefits making the redemption process more efficient and cost-effective. These features include an intuitive interface, easy and secure payment methods, customizable payment preferences, account tracking, automated payment reminders, and built-in payment protection for both senders and receivers.
Other benefits of The Payout Game include speed, convenience, safety, and low fees. Payments are processed quickly and securely with no need for clients to enter identification information or wait for checks to be processed.
The low fees associated with payments make it an economical choice for independent entrepreneurs as well.
What are the lottery payout options?
Lottery payouts come in different forms depending on the lottery game and the rules established by the governing jurisdiction. Generally, there are two major payout options: cash and annuity. Cash lottery payouts are a lump-sum payment of the entire winnings.
Annuity lottery payouts are paid out over a period of time, usually in yearly installments.
In some cases, the lottery will offer an alternative to the two major types of payouts, known as a hybrid payout. This is where the winner is paid out a combination of cash and annuity payments. The payout can be structured in a number of ways, such as a lump-sum payment of part of the winnings with the remaining balance paid out in annual installments over a period of time, or a combination of a lump-sum payment and smaller annual payments over a period of years.
The decision on which payout option to choose will depend largely on the financial situation of the winner. Those who need the money soon may find that a cash payout is the better option, while those who are comfortable waiting may prefer the annuity option in order to take advantage of the larger total payout.
Despite the higher total amount offered by the annuity option, there is a risk involved in not collecting the winnings right away as there is no guarantee that all the payments will be made as promised.
Ultimately, the decision on which payout option to select is up to the lottery winner. Before making a decision, it is advised that winners seek the advice of a financial expert in order to make sure they make the most informed decision.
What is the lump sum payout for 20 million?
The lump sum payout for 20 million depends on the situation for which the money is being paid out. For example, if it is a lottery, the lump sum payout would be significantly less than the full amount due to federal taxes and other fees.
Typically the payout for a lottery is about 60-70% of the full amount. However, if the 20 million is being paid out in a settlement, inheritance, or other financial agreement then the lump sum payout would be the full 20 million.
The payments could either be made as one lump sum or in multiple installments, depending on the agreement.
Is it better to take the lump sum or annuity lottery?
The answer to this common question depends on various factors unique to the individual. It’s important to consider your personal needs and financial objectives when deciding whether to take the lump sum or an annuity lottery.
The lump sum option provides a single, one-time payment in exchange for the full prize amount. The amount of the lump sum is significantly smaller than the full prize value since it represents the net present value (NPV) of the total prize amount.
An annuity lottery offers the winner regular payments of an equal amount over a set period of time. Though the total payout of the annuity lottery is higher than the lump sum option, taxes are paid on each payment.
If receiving a lump sum is the preference, then you’d need to weigh the pros and cons of the reduced amount with access to the funds quicker and not having to worry about future taxes. On the other hand, if taking the annuity option is more favorable, having the option to take regular payments over the course of several years may be the best choice.
This would also allow you to potentially grow earnings over the long-term as well as build a larger retirement portfolio.
Ultimately, no one of these two options is ‘right’ or ‘better’ than the other—it’s a personal choice. Consider consulting a financial advisor to help review the advantages and disadvantages of both choices for your specific financial circumstances.
How much are lottery annuity payments?
Lottery annuity payments vary depending on the lottery and the size of the jackpot. Typically, the largest lotteries, such as Powerball and Mega Millions, offer annuity payments in fixed, equal amounts over a period of time.
For example, Powerball and Mega Millions typically offer jackpots paid in thirty (30) annual payments, while smaller lotteries may offer fewer payment periods. Each payment is equal to one-thirtieth (1/30) of the jackpot amount, plus any applicable taxes.
Generally, the larger the jackpot, the greater the individual payment amounts. Therefore, lottery annuity payments are determined by the size of the jackpot, the lottery, and the length of the payment period.
Lottery officials advise that potential winners familiarize themselves with applicable state and federal taxes, since lottery annuities may have tax consequences and require careful planning. In many states, any portion of an annuity payment attributable to interest earned is taxable as ordinary income.
Additionally, most states and the federal government tax lottery winnings at different tax rates, meaning winners may face both state and federal taxes on annuities.
Again, it is important to remember that lottery annuity payments vary in size, with the largest jackpots having the largest payment amounts. Furthermore, annuity payments are typically subject to both federal and state taxes.
As such, it is essential for potential winners to familiarize themselves with the taxation rules in their state.
How much is a wild Money ticket in Rhode Island?
A Wild Money ticket in Rhode Island costs $2 per play. Players must choose 5 numbers from 1 to 35, or they can select Quick Pick to have the numbers randomized. Players can also choose the Wild Money Bonus which gives them an additional chance to win the jackpot by matching 2 out of 5 Bonus numbers.
Drawings are held twice a week on Mondays and Thursdays. If a player matches all 5 numbers on their ticket, they will win the Wild Money jackpot, which starts at $20,000 and increases with each drawing if not won.