This Lotto draw is worth a massive £10.7 million. If there are multiple Lucky for Life jackpot winners, a lump sum of $5.75 million will be split between them.The latest Lotto results have been announced, with the numbers for Saturday 17 June 2023 now available to see. Players who win the Lucky for Life jackpot will receive weekly payments of $7,000 for the rest of their lives, or a lump sum of $5.75 million. How is the $1,000 a day Lucky for Life jackpot paid out? How long does it take to receive Colorado Lottery winnings?Īll prizes claimed in person at Colorado Lottery retailers are paid out the same day, subject to the retailer having sufficient funds to pay out the prize.Īll prizes claimed in person at a Colorado Lottery Claim Center are typically paid out the same day.Īll prizes claimed by mail are processed in approximately two weeks, with the exception of Lucky for Life, which takes 20 to 60 days. Some Colorado lottery games pay out regular instalments or lump sums, while others pay out lump sums only. How do Colorado Lottery winners get paid? citizens or non-residents pay 34% tax on all prizes over $5,001, of which 4% is state tax and 30% is federal tax. citizens and residents, 28% tax is levied on all Colorado Lottery prizes over $5,001, of which 4% is state tax and 24% is federal tax. Various levels of taxation apply on Colorado Lottery winnings, depending on residency and citizenship status.įor U.S. How much tax is paid on Colorado Lottery winnings? No, tickets are only sold at authorized Colorado Lottery retailers. Can I buy Colorado Lottery tickets online? While the value of the most lucrative Colorado Lottery scratch-offs change on a periodic basis, the biggest jackpot on offer is typically around $3.5 million. Which Colorado Lottery scratch-off has the biggest jackpot? The table below provides an overview of the schedule for each Colorado lottery game. It is also possible to choose just two numbers and match them in exact order as the first or second pairs of numbers drawn. Having chosen these numbers, participants then bet on matching all three numbers in the order drawn, in any order, or whether to split their stake equally between both options. Players must choose three numbers between 0 and 9, and because each number is chosen independently, it is possible to choose the same number two or three times if desired. With its multiple entry options, Pick 3 has betting stakes of $0.50, $1.00, $2.00 or $5.00. Participants can play the instant-win EZ Match game for an additional $1.00, with prizes of up to $500 available on the spot. Players choose five numbers from 1 to 32, or can go for a Quick Pick to play with random selections. ![]() Cash 5Ĭash 5 is another straightforward lottery game, with entry costing just $1.00. Each ticket includes a multiplier chosen at random, which multiplies all non-jackpot winnings by up to five times.įor an extra $1.00, players can enter the Plus draw - a secondary game that uses the same numbers - for various cash prizes and a minimum jackpot of $250,000. Participants choose six numbers from 1 to 40, or can go for a Quick Pick to enter with randomly chosen numbers. Colorado Lotto+Ĭolorado Lotto+ is a straightforward lottery game that costs $2.00 to play. Quick Pick is also available for those who prefer to play with random selections. Tickets cost $2.00, with players choosing five main numbers from 1 to 48 and a Lucky Ball number between 1 and 18. Lucky for Life is a popular lottery game played across 23 states and the District of Columbia, giving players the chance to win $1,000 a day (paid out as $7,000 weekly) for the rest of their lives, or the option to take home a lump sum of $5.75 million. ![]() Mega Millions has an additional Megaplier option for $1.00 for the chance to multiply non-jackpot prizes by up to 10 times. Players must choose five numbers between 1 and 70 and a Mega Ball number between 1 and 25, with a Quick Pick option also being available for those wishing to play with random selections. Mega Millions is another world-renowned lottery that’s even harder to win than Powerball, but with a very similar format. ![]() A Power Play option is also available, costing $1.00 for the chance to multiply non-jackpot prizes by up to 10 times. Players can choose their numbers manually or go for a Quick Pick. Powerball tickets cost $2.00, with players choosing five numbers between 1 and 69, plus a Powerball number between 1 and 26. Powerball is a world-famous lottery renowned for its long odds and often lucrative jackpots. Founded in January 1983, the Colorado Lottery initially sold scratch-off games only, before its first lottery draw was launched in April of the same year.Ĭolorado Lottery revenues are distributed across multiple funds responsible for the promotion of outdoor recreation and the maintenance of state parks, trails, rivers, wildlife and open spaces.
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