New York State Lottery information
New York Lotto’s first slogan was “Your Chance of a Lifetime to Help Education”, which generated over $34 billion in aid to education revenue. The New York Lottery began in 1967 as the third modern U.S. lottery. A record jackpot of $65 million was given away on June 30th 2007. The New York Lottery draws take place in New York City, the Big Apple, each Wednesday and Saturday at 23:21 Local time.
The first big winner of the Lottery was Lou Eisenberg, who won $5,000,000 in 1981; in that era, winners could not choose cash in the form of annuity payments. An agreement between Mega Millions and Powerball was reached in October 2009. All lotteries then with either game were allowed to sell tickets for both games beginning January 31, 2010. The starting Lotto jackpot was reduced from $3 million to $2 million in April 2013, rollovers were reduced from $500,000 to $300,000 over Thanksgiving weekend in 2012; in the late 1990s its jackpot was $10 million after only one rollover. The highest Jackpot ever won was $65 Million.
|Hosted In||Schedule||Guess Range||Jackpot Type||Tax Requirements|
|6/59||26 annual installments||About 37.00%|