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Lottery: Prizes
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The first game offered by Florida Lottery was MILLIONAIRE, a $1 scratch-off game with a US$1 million grand prize. Seventeen days of ticket sales allowed for the Lottery Commission to repay with interest the initial US$15.5 million bond from Florida's General Revenue Fund that got it going.
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The majority of National Lottery scratchcards are sold for £2. These are large scratchcards with two or more chances to win or with better odds than usual to win the maximum cash prize. Originally, all scratchcards were £1... over recent years, the £2 scratchcards have become available in a wider range and the £1 scratchcards, which have a lower chance of winning, are now available on a lower scale. There are also scratchcards available for £5.
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The $100,000 prizes can be claimed at any of the Lottery's seven area offices or at any licensed Pennsylvania Lottery retailer. Claims may be filed Monday through Friday from 8 a.m. to 4 p.m. at Lottery headquarters and 8:30 a.m. to 4:30 p.m. at area offices. All Pennsylvania Lottery offices are closed Jan. 1, New Year's Day.
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An 81-year-old woman received a call during which she was told she had won a $3.5 million Canadian lottery prize. She was instructed to send appropriate taxes – more than $3,000 – to an address in Jamaica. She sent it in two payments, then asked her son for a $2,000 loan for a final payment. Her son alerted police.
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Winnings are not necessarily paid out in a lump sum, contrary to the expectation of many lottery participants. In certain countries, such as the USA, the winner gets to choose between an annuity payment and a one-time payment. The one-time payment is much smaller, indeed often only half, of the advertised lottery jackpot, even before applying any withholding tax to which the prize may be subject. The annuity option provides regular payments over a period that may range from 10 to 40 years.
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Congratulations go out to Andrew Bainbridge from Crewe who is the winner of a brand new iPod touch from Lottery.co.uk's November promotion. Andy, who has one daughter, says he loves music, so this is the prize for him.
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