Florida Lotto

Florida Lotto

Florida Lotto is a popular lottery game offered by the Florida Lottery. Unlike similar games throughout the United States, it does not compete head-to-head (within Florida) with either Mega Millions or Powerball; however, Florida announced on July 2, 2008 that it will join Powerball in January 2009.

Game's Beginning (1988-1993)

The game first went on sale on Friday, April 29, 1988, and the first drawing took place Saturday, May 7, 1988.

The game was originally played by selecting six numbers from a field a 49. Each play cost USD$1, and drawings were held weekly every Saturday night at 11:00 P.M. EST. Players would win prizes by matching 3 or more numbers on their ticket to the six selected on Saturday night. If they matched all six, they would win a jackpot that was paid in 20 equal yearly installments.

The game's first prize structure were as follows:

In 2008, a new feature was added to the game. Players are now able increase their potential 6-out-of-6 winnings with an increase in the wager amount. If a player increases their ticket cost to $2, matching all six numbers will win USD$10,000,000 (annuitized) in addition to the advertised jackpot. If the wager is increased to $3, a player matching all six will win USD$25,000,000 (annuitized) in addition to advertised jackpot. The additional money is paid on a pari-mutuel basis and will be shared if more than one player matches all six and increases their wager. The increase in the wager will not affect the other prize tiers.

There are numerous Florida Lotto billboards throughout the state along major highways; they are all maintained by people who update the jackpots manually, rather than through a central system.

As with all Florida Lottery games, the minimum age to play is 18.

ee also

*Florida Lottery

External links

* [http://www.plainmath.net/index.php?page=lottery Chances of winning the Lottery at PlainMath.Net] - The chances of winning the Florida Lotto grand prize, with comparisons to other events.
* [http://www.flalottery.com Florida Lottery site]
* [http://www.flalottery.com/inet/downloads/onlinegamesinfo.pdf Florida Lotto History] PDF file


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