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Lottery Jackpot to Hit $81 Million

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From Times Wire Reports

California Lottery officials pegged the SuperLotto Plus jackpot for Saturday at $81 million after no one matched the New Year’s Eve winning combination.

A single jackpot winner who chose 26 graduated annual payments would receive about $2,025,000 the first year, with payments rising to $4,131,000 by the final year, before taxes.

A single jackpot winner who chose the cash option would receive the estimated cash value, which is roughly half the announced jackpot, before taxes.

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The retailer who sold a single winning $81-million ticket would receive a $405,000 bonus. SuperLotto Plus may be played at about 19,000 retail businesses statewide. The numbers will be drawn Saturday at 7:58 p.m.

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