$52 Million Going to Florida Schools; $75 Million Florida LOTTO Jackpot! Highest Jackpot 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)--July 24, 2003 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: -- The FLORIDA LOTTO jackpot has rolled over 10 times to an estimated $75 million! The next FLORIDA LOTTO drawing is this Saturday, July 26, 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, June 21, drawing when the estimated jackpot rolled over from $3 million to $6 million. -- The $75 million FLORIDA LOTTO jackpot is the highest LOTTO Jackpot 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
the 10th highest Jackpot in FLORIDA LOTTO history, since 1988. -- If a sole winner chooses to take the jackpot over 30 years, it would amount to an estimated $2,500,000 per year. If a sole winner chooses the Cash Option for the $75 million Jackpot, it would amount to a single payment estimated at $40 million.(i) (i) 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 on December 14, 2002, when four tickets split a $104.85 million Jackpot. -- Additional 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. terminals have been installed in 38 high volume retail locations, mainly on the Florida-Alabama and Florida-Georgia borders and in some metro locations. Ticket sales peaked at 25,000 per minute for Wednesday's drawing for the estimated $60 million Jackpot. -- Ticket sales are expected to hit about 29,000 per minute for Saturday's drawing. -- By the time the next drawing is over from this series, players will have contributed approximately $52 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. .
Nation's Current Largest Jackpots
State Game Jackpot Estimate Drawing Date
1. FLORIDA FLORIDA LOTTO $75 Million Sat., July 26
2. Texas Lotto $41 Million Sat., July 26
3. Penn. Super 6 $36 Million Fri., July 25
4. Wash. Lotto $27 Million Sat., July 26
5. Mass. Mass Millions $26 Million Thur., July 24
Please Play Responsibly "$12 Billion for Florida's Schools" |
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