Thursday, December 22, 2005
ATLANTA – It’s the most wonderful time of the year as the Lotto South jackpot continues to roll. The jackpot for Saturday’s drawing is an estimated $25 MILLION to a single annuity winner. It only takes $1 for a chance to win the second highest jackpot in Lotto South history.
“With the holiday season here, it’s a fun and exciting time of year for the Lotto South jackpot to keep growing,” said Georgia Lottery Corporation President and CEO Margaret DeFrancisco. “It’s also exciting and rewarding to know that every dollar raised benefits lottery-funded educational programs in Georgia.”
Lotto South offers players two payment options: 30 annual payments in equal installments or a single check worth the cash value of the estimated jackpot. Any lucky Lotto South player who matches all six winning numbers could walk away with over $833,000 a year (before taxes) for 30 years with the annuity option. Or a player could pre-select the cash option and win a single check worth approximately $14 million (before taxes).
Any Georgia Lottery retailer who sells a winning Lotto South jackpot ticket can earn the $25,000 retailer incentive bonus payment. If more than one winning jackpot ticket is sold in Georgia, the retailers selling the winning tickets will share the $25,000 retailer incentive bonus.
LOTTO SOUTH FUN FACTS
Draw Date: December 24, 2005
Jackpot Amount: $25 million
Annuity Amount: Over $833,000/year for 30 years (before taxes)
Cash Option Amount: Approximately $14 million (before taxes)
Date Jackpot Began Rolling: September 21, 2005
Number of Rolls: 27
Last Winning Ticket: September 17, 2005 – $5 million (Lake City, Ga.)
Lotto South Rank: #2
#1 Lotto South Jackpot: January 5, 2002 – $26 million (Dalton, Ga.)
· Lotto South tickets went on sale September 9, 2001.
· The first Lotto South drawing was held on September 12, 2001.
· Lotto South drawings are held live every Wednesday and Saturday at 11 p.m. (EST)
· Georgia winners have 180 days from the draw date to claim their prize.
· Overall odds of winning any Lotto South prize are approximately 1:54.
· Odds for winning the jackpot prize are approximately 1:13.9 million.
· Lotto South states include: Georgia, Kentucky and Virginia.
· To date, there have been 52 Lotto South jackpot winners.
· There have been 30 winning Lotto South jackpot tickets sold in Georgia.
The last four winning Lotto South jackpot tickets have been purchased in Georgia:
Draw Date - Amount Won - Winner - Winner’s City - Retailer’s City
08/20/05 - $7,771,429 - Donna McGowan - Leesburg - Albany
08/27/05 - $1,502,890 - Timothy Clancy - Powder Springs - Hiram
09/03/05 - $1,513,388 - Bobby Padgett - Ball Ground - Canton
09/17/05 - $2,607,710 - Eddy Holliday - Forest Park - Lake City
As with all other Georgia Lottery games, proceeds from Lotto South sales will benefit education in the state of Georgia. Since its first year, the Georgia Lottery Corporation has returned over $7.8 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs including Georgia's HOPE Scholarship Program and Georgia's Prekindergarten Program. More than 900,000 students have received HOPE Scholarships, and more than 700,000 4-year-olds have attended the statewide, voluntary prekindergarten program.
For more information, please visit the Media Center on the GLC Web site at:
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Georgia Lottery Corporation
Media Relations Department
Media Relations Manager
media [at] galottery [dot] org