Florida - Lotto
Florida has one of the most popular lottery systems in the United States. The massive jackpots and the easy-to-play games are a huge draw for the states’s gaming residents. The most popular game is the Florida Lotto. The prize begins at $2 million and it rolls over each time a jackpot isn’t won. Florida Lotto is drawn twice each week on Wednesday and Saturday nights.
Lottery Odds And Statistics
The Florida Lotto is played on a 6/53 matrix. Players select six numbers from a pool of 1 to 53. If all six numbers match the drawing that person is Florida’s newest millionaire. Prizes are also awarded for matching 3, 4 or 5 numbers. The odds of winning the big jackpot are 1 in nearly 23 million. The odds of winning any prize in the Florida Lotto are 1 in just 67!
Lottery Security And Results
The Florida Lottery is governed by the state and verified by an independent lottery association. The largest jackpot ever won in the Florida Lotto was $106.5 million awarded to a group of six players. The state of Florida was able to generate over $30 million in revenue just from that one game back in 1990. Winners have 180 days to claim their prize. In September 2003 the largest prize ever unclaimed reached the 180 day limit. The missing ticket was worth $53.7 million USD!
Florida’s state lottery system started in 1988 with the goal of providing adequate funding for state educational programs. The first game was called Millionaire. It was a scratch off ticket that sold for $1. The largest game available today is the Florida Lotto. In March 2008 two additional jackpot levels were added, which allowed players the ability to pay $2 or $3 for each ticket. For those paying the higher amounts the grand prize offered was significantly higher than the $1 plays.
The Florida Lotto is a popular lottery game offered on Wednesday and Saturday evenings. The base jackpot is a cool $2 million with rollover amounts building up all the time. The grand prize is paid out either in a lump sum at a reduced amount or in 30 annual annuity payments.