The Florida Lottery Tickets by Government
The Florida Lottery is a lottery run by the government of Florida in the United States. In 1986 the state of Florida passed legislation to authorize a lottery. The new lottery was spearheaded by the Governor of the state, and the purpose of the lottery was to maximum revenues for public education in Florida. The Florida Lottery was founded on the basis that it would provide the people of that state the opportunity to benefit from the revenues earned, while also providing games of high quality.
Advantages of this Lottery
The Lottery’s first game was called MILLIONAIRE, and was a 1 dollar scratch off, and it was so popular that the entire 15.5 million dollar debt was paid back to the state’s general fund.
There are numerous on line and scratch off games available, and players have a wide range of prize levels to choose from. Since it began, the Florida lottery has continued to add variety to its portfolio of games The Lottery has experimented with higher price points, enhanced traditional games and also introduced seasonal promotional games. In 2012 Florida was the state with the third highest yearly lottery revenue in the USA, with revenue that passed 4.45 billion dollars.
Today the player can buy Florida Lottery tickets to seven different games. They are Powerball, Florida Lotto, Cash 3, Play 4, Fantasy 5, Lucky Money and Mega Millions.
With the original goal of the Florida Lottery being to augment income for public education, the Lottery has therefore now become an education partner of the government. In the 2011 to 2012 fiscal year the Lottery donated over 1 billion dollars to the Education Enhancement Trust Fund. In addition Florida Lottery donates money to help construct new schools and other educational facilities. In the last few years more than 4 billion dollars in lottery backed bonds have gone to implement school construction.
Florida Lottery Tickets available for Different Games
In 1991 a daily four number online game called Play 4, was introduced, with a top prize of five thousand dollars. In December of that year, the Florida Lotto Month was launched, where minimum jackpots and rollovers earned ten million dollars for the Christmas season.
In 1993, the first 2 dollar scratch off game, Bingo, was introduced. This is still the longest running scratch off game by the Florida lottery. In 1994 Fantasy 5 expanded to Mondays through Fridays
Also in 1994 the first Florida mail-in promotion began, where losing tickets could be mailed in for a prize. This was called the Great Lottomobile Giveaway. Later that year, the game Flamingo Fortune was begun, sports betting NZ became prominent where people who had sent in their losing tickets were selected to play for prizes.
In 1996 a Win for Life was introduced, and a winner is receiving one thousand dollars per week for life.
In 1998 Mega Money began, a four plus one numbers drawing game played every Tuesday and Friday with huge jackpots. This game was upgraded in 2004, and the jackpot was changed from an all cash payment to 20 annual payments.
In 2008, Florida Lottery ticket buyers could buy Powerball tickets. Powerball sales began in Florida in 2009, and the first draw was held at Universal Orlando Resort.
Florida Lottery Draw
The big Florida Lottery is drawn each Wednesday and Saturday during a live broadcast, and anyone who matches all six numbers in any order either wins or shares the jackpot.