$27 Million Going to Florida Schools; $40 Million FLORIDA LOTTO Jackpot! Drawing is Saturday Night.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)--Dec. 11, 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 Florida, state, United States Florida (flôr`ĭdə, flŏr`–), state in the extreme SE United States. A long, low peninsula between the Atlantic Ocean (E) and the Gulf of Mexico (W), Florida is bordered by Georgia and LOTTO Jackpot has rolled over seven times to an estimated $40 million! The next FLORIDA LOTTO drawing is this Saturday Saturday: see week; Sabbath. , December December: see month. 13, 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, November 19 drawing, when the estimated Jackpot rolled from $3 million to $6 million. -- The $40 million FLORIDA LOTTO jackpot is the 28th highest Jackpot in FLORIDA LOTTO history. The last Jackpot this large was for an estimated $40 million on March 31, 2001. -- If a sole winner chooses to take the jackpot over 30 years, it would pay an estimated $1,333,333 per year for the 30 years. If a sole winner chooses the Cash Option sole payment for the $40 million Jackpot, it would pay an estimated $21 million.(a) (a) Amount based on current daily interest rates. -- The highest Jackpot since FLORIDA LOTTO began in 1988 was $106.5 million on Sept. 15, 1990, won by six players. The highest to date in 2003 was on July 26 when two players split an $80.94 million Jackpot. -- Ticket sales for Saturday's drawing are expected to peak between 5 p.m. and 8 p.m. EST Saturday, when FLORIDA LOTTO ticket sales are expected to reach a statewide average rate of 20,000 - 25,000 tickets per minute. Ticket sales peaked at 14,000 per minute for this past Wednesday's drawing for the estimated $32 million LOTTO Jackpot. -- The FLORIDA LOTTO estimated $40 million Jackpot places it in the top four of the 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. jackpots in the nation. -- By the time of Saturday's drawing, Lottery players will have contributed approximately $27 million from this series of rollovers to Florida's schools. Please Play Responsibly "$13 Billion for Florida's Schools" |
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