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$14.8 Million Going to Florida Schools; $21 Million FLORIDA LOTTO; 3rd Highest in the Nation.


News Editors

TALLAHASSEE, Fla.--(BUSINESS WIRE)--April 4, 2003

-- The FLORIDA LOTTO jackpot has rolled over four times to an

estimated $21 million! The next FLORIDA LOTTO drawing is this

Saturday, April 5, at 11 p.m. EST P.M. also p.m. or p.m.
abbr.
post meridiem

Usage Note: By definition, 12 a.m.
. This series of rollovers

began with the Wednesday, March 22, drawing when the estimated

jackpot rolled from $3 million to $6 million.

-- The $21 million FLORIDA LOTTO jackpot is the 3rd 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
  • National Lottery
Barbados
  • Barbados lottery
Canada
  • Atlantic Lottery Corporation
  • British Columbia Lottery Corporation
  • Loto-Québec
  • Ontario Lottery and Gaming Corporation
 and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). .

-- If a sole winner chooses to take the jackpot over 30 years, it

would amount to an estimated $630,000 per year. If a sole

winner chooses the Cash Option payment for the $21 million

jackpot, it would amount to an estimated $12.4 million.(1)

(1) 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 7 p.m. and 9 p.m. EST Saturday, when FLORIDA LOTTO

ticket sales are expected to reach a statewide average rate of

14,000 tickets per minute.

-- Long lines In communications, circuits that are capable of handling transmissions over long distances.  at some retailers could occur Saturday evening when

ticket sales are expected to reach their peak between 5-9 p.m.

EST EST electroshock therapy.

EST
abbr.
electroshock therapy
.

-- By the time the drawing is over, players will have contributed

approximately $14.8 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
----------------------------------------------------------------------
1. New York      Lotto           $38 Million         Sat., April 5
2. Penn.         Super 6         $22 Million         Fri., April 4
3. Florida       FLORIDA LOTTO   $21 Million         Sat., April 5
4. Ohio          Super Lotto     $20 Million         Sat., April 5
5. (21 States)   PowerBall       $18 Million         Sat., April 5


Please Play Responsibly

"$12 Billion for Florida's Schools"
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1U5FL
Date:Apr 4, 2003
Words:327
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