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Florida Lotto

Region: Florida - United States
Drawin Days: Wednesday and Saturday
Drawing Time: 11:00 pm Eastern Time (GMT-5:00)
Last result: 2 - 3 - 16 - 30 - 45 - 50 - March, Saturday 20
Current Jackpot: $32 Million - March, Wednesday 24

Florida Lotto gives you millions of reasons to play twice a week. All it takes is luck and a dream. You never know, the next FLORIDA LOTTO millionaire could be you!

The jackpot starts at 3 million and hit a record of $106 million because the jackpot rolls over every time there is no winner.

You play 6 numbers from 1 to 53. To win the jackpot you must match all 6 numbers in any order. But you are also a winner if you match 5, 4, or even 3 numbers.

Quick Pick

Click here to see a sample ticket from the Florida Lotto.

When you play using the services of Trillonario.com you don’t have to worry about choosing the numbers to play. We use the “Quick Pick” option where we let the lottery’s computer choose the numbers for you. Over 70% of US lottery players choose the Quick Pick option.

Draw dates and times

Drawings are held Wednesday and Saturday nights at 11 p.m. Eastern Time.

Claiming prizes

When we detect that you win a prize, we notify you.

Prizes under $600 are paid by Lottery Retailers or by the Florida Lottery. They do not require completion of any forms unless the player is specifically directed by either a Lottery Retailer or the Florida Lottery to file a claim. Trillonario.com will redeem your ticket and we will either credit it to your subscription or send you your winnings. We will typically have your winnings within 2 or 3 days after the draw date.

Prizes of $600 to $250,000 require completion of Winner Claim Forms and Internal Revenue Service (IRS) W-9 Forms. These prizes can be paid by one of the nine Florida Lottery District Offices around the state. Trillonario.com will send you the forms and assist you in submitting your tickets to the Florida Lottery.

Prizes greater than $250,000 should be claimed at Lottery Headquarters in Tallahassee in person. We will make arrangements to personally hand you the ticket before you go.

Winners have 180 days from the drawing date to claim prizes for the Florida Lotto.

Payment options

Florida Lotto advertised jackpot is an estimate of the amount the Lottery will pay a single jackpot ticket winner in 30 annual payments. This is based on projected sales for that draw period, plus funds rolled over from previous draws, if any, and the anticipated interest rate for long-term investments.

You can choose to receive your portion of the FLORIDA LOTTO jackpot in a one-time Cash Option payment or you can receive it in 30 annual payments. You have 60 days after the winning draw date to elect the Cash Option payment.

Cash option

Under Florida law, 50 percent of all Lottery revenue constitutes the Prize Pool and must be returned to the players in the form of prizes. In FLORIDA LOTTO, 63.5 percent of the Prize Pool is allocated for payment of the jackpot; the remainder is allocated to the rest of the prizes.

When the lottery announces an estimated jackpot, they calculate how much money they believe will be available in the Prize Pool for the jackpot (the 63.5 percent of the 50 percent), and how much that money, invested with interest over 30 years, will yield. The total of that calculation becomes the estimated jackpot.

If a winner chooses the Cash Option, he or she will get the actual cash available without the estimated interest. The winner will receive 63.5% of the 50 percent generated by ticket sales for that drawing, including funds from rollovers, if any. A Cash Option payment normally is approximately one-half of the estimated jackpot.

Annual payments

If a winner chooses 30 annual installments, the State Board of Administration receives bids from a group of approved companies, and they select the best return on the money for the winner. The winner receives all of the cash from the Prize Pool for that prize category as well as all of the interest earned.

Taxes

If the prizewinner is a citizen or resident alien of the U.S. with a Social Security card, the Internal Revenue Service requires the Florida Lottery to withhold 25 percent federal withholding tax from prizes greater than $5,000. If the prizewinner is a US Citizen or resident alien who does not have a Social Security card, the Florida Lottery is required to withhold 28 percent backup federal withholding tax from any prize more than $599.99. For nonresident aliens, the Florida Lottery is required to withhold 30% federal withholding tax from all prize amounts. The Internal Revenue Service requires the Lottery to report all winnings $600 and above.

Eligibility

You must be 18 or older to play the Florida Lotto. It is not necessary to be a US citizen or resident to play the lottery.

Odds of winning

There are 4 ways to win the Florida Lotto!

As an example, here is a table of the results of the Florida Lotto on October 16, 2002, when the jackpot reached $32 million