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The Pennsylvania Lottery is a lottery operated by the Commonwealth of Pennsylvania. ... and $5 million cash for a $50 game), and a higher payout percentage. Payouts ...
Nov. 6—WILKES-BARRE — Excitement is building for tonight's Pennsylvania Lottery Cash 5 with Quick Cash jackpot of $3.2 million, which is now the largest jackpot in the game's 31-year history.
A ticket sold in Erie County matched all five balls drawn Thursday in the Pennsylvania Lottery Cash 5 with Quick Cash game. Someone's $900,000 richer after buying a winning lottery ticket in ...
A Pennsylvania Lottery scratch-off ticket with a $1 million jackpot sold in Montgomery County. ... sold a winning Pennsylvania Lottery Cash 5 with Quick Cash ticket worth a cool $450,000.
Draw games offered by the Pennsylvania Lottery include Pick 2, Pick 3, Pick 4, Pick 5, Treasure Hunt, Cash 5, and Match 6, as well as the multi-state games Cash4Life, Mega Millions, and Powerball. The "Pick" games are standard fixed-payout games, while Treasure Hunt, Cash 5, and Match 6 are jackpot-style games similar to Mega Millions and ...
Most U.S. pick-5 games now have a progressive jackpot, even in games that are drawn daily; in unusual cases, a single ticket has won a cash prize in excess of $1 million cash. A common top prize in non-jackpot pick-5 games is $100,000(In the lists below, games with a jackpot do not have a minimum jackpot listed.).
Cash option: Federal income taxes are due as soon as you receive the cash payout. You might also move into a higher income tax bracket for the year, which could triple your tax rate.
In gambling terminology lottery payouts are the equivalent of RTP (Returns To Players). A lottery operator's gross margin is 100% minus RTP. In the US, large lottery winnings generally are advertised as an annuity amount, paid in 20 or more installments; in most cases, a cash option is available. The cash option in the US can be 40–60% of the ...