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The Ohio Lottery is a state lottery run by the Ohio Lottery Commission. Its games consist of scratch tickets; Pick 3, Pick 4, Pick 5 ("numbers games"); Rolling Cash 5, Classic Lotto, Keno, Lucky for Life , Mega Millions , and Powerball .
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 ...
Jul. 12—Cash payments will again be an option at Ohio High School Athletic Association sporting events starting in October as a result of a provision in the recently signed Ohio House Bill 33.
Top prize was $1000-per-week; there was a cash option of $1 million (offered when WFL became a Virginia-only game; when WFL began Virginia offered a $520,000 cash option, but the choice was eliminated the following year as neither Georgia nor Kentucky offered winners a cash option.) Second prize was $52,000 cash.
She opted for the $7.5 million cash option, a sum that will actually shrink to around $4.5 million, Moneywise estimates, once she’s paid her federal and state taxes.
The Lottery announced on Jan. 10 that it resumed allowing players to cash in winning tickets for $599, weeks after the agency fell victim to a Dec. 24 "cybersecurity incident" where hackers may ...
The first modern government-run US lottery was established in Puerto Rico in 1934, [43] followed by New Hampshire in 1964. In 2018, Ohio became one of the first states to offer people a digital lottery option. The technology, developed by Linq3, allows players to play the lottery on their smart phones. [44]
On Dec. 24, the Ohio Lottery was the victim of a cybersecurity incident in which hackers may have gained access to retailer and customer information Big ticket Ohio Lottery winners can once again ...