There are several different online lottery games that offer progressive jackpot prizes. In some games, the jackpot is shared among ticket holders. Others have a fixed amount of money added to the jackpot each time a ticket is sold. This encourages players to buy tickets that have higher prices. It also improves the chances of winning a prize.
For example, the Mega Millions lottery offers over $1 billion in prizes. A ticket price of one dollar can win up to 25% of the progressive jackpot. You can also win up to 50% of the jackpot by purchasing a two-dollar ticket. If you buy a three-dollar ticket, you can get 100% of the jackpot.
The PA Lottery has an instant online game called PA Big Winner Spectacular. The game is available to players in eight states, including Pennsylvania. During October, a player from Allegheny County hit a $419,000 progressive jackpot. He plans to open a business with his winnings.
Online lotteries are generally slower than traditional lotteries. They also require a waiting period before the winner can collect their prize. However, the odds of winning are better in smaller events. Another advantage of online lotteries is that the jackpot can be larger than advertised.
The biggest prize that has been awarded on an online lottery game in the U.S. is $1.6 million. Among other lucky winners, some have won over $300 million overall. The winner was a Pennsylvania resident who planned to open a new business.