People have definitely become quite interested in lotteries, since they are able to promise a chance of huge amounts of cash to be able to change the life of a person. When you are in California, the Superlotto Plus is one kind of lottery that you can actually join in the state.
It is definitely really easy to know how you may be able to win this game. You simply have to choose five digits between 1 and 47. Once you have made the decision on the five numbers then the next thing that you have to do is that you should give the pay slip to the retailer so that they will be able to print your ticket. For each set of 5 numbers, it costs 1 dollar for every draw. You may also go for the option of the advance play wherein you can simply play for the same numbers for 20 draws. With this, you can save time and energy since you don’t need to wait in line just for you to get one ticket for the day’s draw.
Remember that you must have to check those printed tickets before leaving the outlet so that you can be sure that the five chosen numbers were the ones printed on the ticket. Once you are done with this, then you should sign the back of your ticket since this can somewhat provide you security and prevent this from being claimed by another individual in the event that you have such winning numbers. Know that the draw of the Superlotto Plus is twice each week that fall on Wednesday and Saturday at 7:57 in the evening.
If you have that winning number combination and you are able to win the pot, then you should know that there are a couple of options to claim the prize. One is that you can claim the prize in lump sum or you can go for the modified payment options process in which the jackpot is being paid in 26 graduated yearly payments. If you would opt for that lump sum cash value of the prize, that is around 45 to 55 percent of the value of the jackpot, the amount that you will get will be subjected the US Federal tax and this is set at 25 percent for those US citizens and thirty percent for the non-residents.
But, when you would go for the graduated annual payments, then such is also subjected to US federal tax but such is based annually and you must understand that the rates differ each year. Also, there can be no taxes due to such lottery winnings but an excellent thing about going for that long-term payout is that you can certainly get such chance of doing the financial plans once you would get the payments and you will have a really good financial security.