What You Need to Know When Playing Florida Lotto?
Florida Lotto is one of the Florida State Lottery games together with Florida Cash 3, Florida Play 4, Florida Fantasy 6, Florida Powerball and Florida Mega Money. If you are familiar with FL Lottery, you know how to play each game and you also know what prizes are on stake from big jackpots to secondary prizes and other small non-jackpot ones. But if you are new to gaming and you are tempted by the potential millions that you could win in order to buy your dream house or to go on that holiday that you promised your family for years, FL Lotto might be the perfect choice.
While it is important to know how to play, it is equally important to know what other prizes are available if you don’t hit the jackpot. Given the amount of unclaimed money coming from non-jackpot prizes, it is only fair for people to be informed about the range of winning possibilities within the game. They can find out every week on Saturdays, when the drawing takes place and the official numbers are revealed.
1.Jackpot prize
In order to win the jackpot prize with Florida Lotto, you have to have all six winning numbers drawn out of the 53 on your play slip. When you get you play slip you have the opportunity to either choose your own numbers, or to leave it to the random selector. The prize represents the agreed jackpot amount for that week to which the rolling over prize from the previous weeks is added.
2.Second prize
For the second prize, you have to have five out of six winning numbers drawn from the 53. The money you are entitled to receive represents 12.3% of the Lotto pool of the drawing and is equally distributed to all the people that matched the criteria above.
3.Other prizes
In winning the third prize you have to have four out of the six numbers and for the fourth prize you have to have three out of six numbers drawn from the total of 53 mentioned. As for the prizes, while third prize represents 10% of the Lotto pool, the fourth place represents 14.2% of the Lotto pool for the prices. Both prizes will be equally split with all of the winners.
When claiming the money, there are two methods you can opt for. One is cashing your winnings within sixty days and the other one is getting paid 30 sums within the next 29 years. If you opt for this method, the period of claiming is extended to 180 days. Although there are pros and cons for both claiming methods, it is worth knowing that before the cash alternative was introduced, the first largest jackpot winner, Sheila Ryan, never lived to spend all of the money that she rightfully won in 1988.
Even if you don’t win the jackpot, it is worth checking your numbers to make sure you won’t be added to the unclaimed prizes piling up every month.
While it is important to know how to play, it is equally important to know what other prizes are available if you don’t hit the jackpot. Given the amount of unclaimed money coming from non-jackpot prizes, it is only fair for people to be informed about the range of winning possibilities within the game. They can find out every week on Saturdays, when the drawing takes place and the official numbers are revealed.
1.Jackpot prize
In order to win the jackpot prize with Florida Lotto, you have to have all six winning numbers drawn out of the 53 on your play slip. When you get you play slip you have the opportunity to either choose your own numbers, or to leave it to the random selector. The prize represents the agreed jackpot amount for that week to which the rolling over prize from the previous weeks is added.
2.Second prize
For the second prize, you have to have five out of six winning numbers drawn from the 53. The money you are entitled to receive represents 12.3% of the Lotto pool of the drawing and is equally distributed to all the people that matched the criteria above.
3.Other prizes
In winning the third prize you have to have four out of the six numbers and for the fourth prize you have to have three out of six numbers drawn from the total of 53 mentioned. As for the prizes, while third prize represents 10% of the Lotto pool, the fourth place represents 14.2% of the Lotto pool for the prices. Both prizes will be equally split with all of the winners.
When claiming the money, there are two methods you can opt for. One is cashing your winnings within sixty days and the other one is getting paid 30 sums within the next 29 years. If you opt for this method, the period of claiming is extended to 180 days. Although there are pros and cons for both claiming methods, it is worth knowing that before the cash alternative was introduced, the first largest jackpot winner, Sheila Ryan, never lived to spend all of the money that she rightfully won in 1988.
Even if you don’t win the jackpot, it is worth checking your numbers to make sure you won’t be added to the unclaimed prizes piling up every month.