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Let it Roll, Let it Roll, Let it Roll... $78 Million FLORIDA LOTTO Jackpot -- Highest of Any State in U.S.!

News Editors

TALLAHASSEE, Fla.--(BUSINESS WIRE)--Dec. 9, 2002
-- The FLORIDA LOTTO jackpot has rolled over 10 times to an estimated $78 million! The next FLORIDA LOTTO drawing is this Wednesday, Dec. 11 at 11 p.m. EST. This series of rollovers began Wednesday, Nov. 6 with the jackpot estimated at $3 million.

-- The $78 million FLORIDA LOTTO jackpot is the highest of any single-state lottery in the nation today among the 38 state lotteries and the District of Columbia.

-- If a sole winner chooses to take the jackpot in 30 annual payments, it would amount to an estimated $2.6(a) million per year. If a sole winner chooses the Cash Option payment for the $78 million jackpot, it would amount to an estimated $41 million. (a) Amount based on current daily interest rates.

-- This is the 9th highest FLORIDA LOTTO jackpot ever! The highest for 2002 was on Sept. 7, when seven tickets split an $87.81 million jackpot. The highest jackpot since LOTTO began in 1988 was $106.5 million on Sept. 15, 1990, won by six tickets.

-- An additional 30 LOTTO terminals have been placed at Lottery retail locations, mainly on the Florida borders with Alabama and Georgia, and in some metro areas, to accommodate the expected high volume of ticket sales.

-- Ticket sales for Saturday night peaked at 5 p.m. EST, when FLORIDA LOTTO tickets were selling at an average rate of 32,400 tickets per minute statewide.

-- Long lines at some retailers could occur Wednesday night when ticket sales are expected to peak between 5-8 p.m. EST. Ticket sales are expected to peak at approximately 25,000 per minute statewide at that time.

-- By the time the drawing is over, players will have contributed approximately $52 million to public education from this series of rollovers.


 Nation's Current Largest Jackpots

 State Game Jackpot Estimate Drawing Date
------------------------------------------------------------------
1. (23 States) PowerBall $101 Million Wed., Dec. 11
2. Florida FLORIDA LOTTO $78 Million Wed., Dec. 11
3. (10 States) Mega Millions $32 Million Tues., Dec. 10
4. Calif. Super Lotto $27 Million Wed., Dec. 11
5. New York Lotto $25 Million Wed., Dec. 11



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Publication:Business Wire
Date:Dec 9, 2002
Words:362
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