$13.8 Million Going to Florida Schools; $20 Million FLORIDA LOTTO Jackpot! Tied for 2nd Highest in the Nation.News Editors TALLAHASSEE Tallahassee (tăləhăs`ē), city (1990 pop. 124,773), state capital and seat of Leon co., NW Fla.; inc. 1825. Tallahassee is a wholesale trade and distribution center for the surrounding lumber, livestock, and agricultural area. , Fla.--(BUSINESS WIRE)--May 9, 2003 Florida Lottery The Florida Lottery is one of the most lucrative single-state lottery systems in the United States with numerous On-line and Scratch-Off games offering players a wide variety of prize levels. The minimum age to purchase a Florida Lottery ticket, regardless of game, is 18. : -- The FLORIDA LOTTO jackpot has rolled over four times to an estimated $20 million! The next FLORIDA LOTTO drawing is this Saturday, May 10, at 11 p.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT . This series of rollovers began with the Saturday, April 26, drawing when the estimated jackpot rolled from $4 million to $6 million. -- The $20 million FLORIDA LOTTO jackpot is tied for 2nd highest lottery lottery, scheme for distributing prizes by lot or other method of chance selection to persons who have paid for the opportunity to win. The term is not applicable when lots are drawn without payment by the interested parties to determine some matter, e.g. in the nation today among the 38 state lotteries A game of chance operated by a state government. Generally a lottery offers a person the chance to win a prize in exchange for something of lesser value. Most lotteries offer a large cash prize, and the chance to win the cash prize is typically available for one dollar. , multi-state lotteries United Kingdom
-- If a sole winner chooses to take the jackpot over 30 years, it would amount to an estimated $666,000 per year. If a sole winner chooses the Cash Option payment for the $20 million jackpot, it would amount to an estimated $11.2 million.(a) (a) Amount based on current daily interest rates. -- The highest jackpot since LOTTO began in 1988 was $106.5 million on Sept. 15, 1990, won by six tickets. The second highest was last year, December 14, when four tickets split a $104.85 million jackpot. -- Ticket sales for Saturday's drawing are expected to peak between 5 p.m. and 8 p.m. EDT Saturday, when FLORIDA LOTTO ticket sales are expected to reach a statewide average rate of 15,000 tickets per minute. Ticket sales peaked at 11,000 per minute for this past Wednesday's drawing for the estimated $14 million LOTTO Jackpot. -- By the time the drawing is over, players will have contributed approximately $13.8 million to public education in Florida In the state of Florida, public primary and secondary schools are administered by the Florida Department of Education. Florida's public-school revenue per student and spending per $1000 of personal income usually rank in the bottom 25 percent of U.S. states. from this series of rollovers.
Nation's Current Largest Jackpots
State Game Jackpot Estimate Drawing Date
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1. Penn. Super 6 $28 Million Fri., May 9
2. Florida FLORIDA LOTTO $20 Million Sat., May 10
3. (10 States) MEGA MILLIONS $20 Million Fri., May 9
4. Mass. Mass Millions $19.9 Million Mon., May 12
5. Texas Lotto $12 Million Sat., May 10
Please Play Responsibly "$12 Billion for Florida's Schools" |
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