Lotto

Citizen Reporter
Reporter
2 minute read
24 Nov 2021
5:05 pm

R95.5 million in total estimated Lotto jackpots up for grabs tonight

Citizen Reporter

A retired engineer from KwaZulu-Natal (KZN) on Tuesday claimed R100 million PowerBall jackpot.

Picture: iStock

For some, Christmas might come early, with tonight’s Lotto jackpots estimated at R95.5 million following last Saturday’s jackpot rollovers on Lotto, Lotto Plus 1 and Lotto plus 2.

Tonight’s Lotto jackpot is estimated at R53 Million, with a sum of R32.5 million on Lotto Plus 1 and an estimated R10 million on Lotto Plus 2.

Charmaine Mabuza, Ithuba CEO, has since encouraged players to phanda phusha play after a retired engineer from KwaZulu-Natal (KZN) claimed Tuesday’s R100 million PowerBall jackpot.

ALSO READ: KZN pensioner bags R100 million PowerBall jackpot after 14 years of playing

“This week we welcomed our R100 Million PowerBall Guaranteed jackpot winner. You too could go from player to winner by just purchasing your ticket today,” said Mabuza.

Get your Lotto ticket

Lottery outlets close at 8.30pm on the day of a draw, which happens at 9pm. The terms and conditions may differ from other service outlets. Visit www.nationallottery.co.za for more information. 

You can find the historical the historical winning numbers for PowerBall and Lotto draws here.

PowerBall entries cost R5 per board including value-added tax (VAT). PowerBall Plus costs an additional R2.50 per board. You can also play PowerBall on selected banking apps (terms and conditions apply).

Free counselling

It’s quite a shock becoming a millionaire overnight. In most cases, lottery winners squander their newfound fortune in record time, while many others are duped into dubious investment schemes or fall victim to the family and friends’ trap.

Ithuba’s winner services department, therefore, offers free financial advice and trauma counselling to winners of R50,000 and up. The aim is to assist the winner “digest the news and enjoy every step of this life-changing experience”.

Trauma counselling will be followed by extensive financial advice to assist the winner with their financial planning.

Chances of winning the jackpot

Unfortunately, the odds of winning are not all that high; it’s stacked against you 1 to 18. That means that if you want a guaranteed chance of winning the jackpot, you’ll need to spend more than R200.000,000 on R5 tickets.

In other words, for every R1 you spend on Lotto and Powerball, you have a chance to get 50c back. That said, if you’re lucky enough to be the sole winner of the R116 million jackpot, you’ll join South Africa’s 43,600 high net-worth citizens in the big leagues.

As per the New World Wealth report compiled in 2018, they each have assets worth R14 million or more. To join the 2,200 multimillionaires, you’ll need to somehow accumulate a wealth of R140 million or more.

Additional reporting by Cheryl Kahla