The New York Lotto is popular state-wide, inspiring players with the lottery’s “Hey, You never know…,” motto which has been a source of inspiration for lotto fans in New York and beyond.
New York Lotto History
The New York Lotto was introduced to help raise funds for governmental programs in November of 1978. To date, the highest recorded New York Lotto jackpot was $65 million in January of 2007.
New York Lotto Rules
To play the lotto online, select 6 numbers from a guess range of 1-59. The lottery offers a bonus number which is chosen at the time of the draw from the same drum as the regular guess set and counted for secondary prizes only. Players can choose to play with a 6 line or 10 line entry form and can manually select their own numbers (Natural Selection), have their numbers randomly chosen for them (Quick Pick) or can use a set of pre-selected numbers that are saved on their theLotter.com account (My Numbers). Players who want to ensure to never miss a draw while enjoying significant discounts can purchase a Multi-Draw or Subscription exclusively on theLotter.com.
The New York Lotto’s draws take place every Wednesday and Saturday at 11:30 EST, and online lottery ticket sales at theLotter.com close approximately 3 hours prior to the draw. Results for the New York Lotto are available on theLotter.com starting at 14:00 GMT every Thursday and Sunday.
Winning the New York Lotto
The New York Lotto has five prize categories, and to win the jackpot players must successfully guess 6 numbers. The bonus number is used for the second place win (5 numbers plus the bonus ball) only. The New York Lotto’s jackpot always starts from $3 million, unhindered by a jackpot cap and increasing by $300,000 per rollover.
Winners of the jackpot have 180 days to claim their big win and can choose to receive their prizes in a lump sum or in an annuity of 26 payments over 25 years.
US residents who win over $5,000 are taxed at 25%; non-US residents who win any prize amount are taxed at 30%. Winners with prizes exceeding $250,000 must receive their winnings at any of the New York Lottery’s 16 state-wide headquarters. Jackpot winners can choose to receive their winnings either in a lump sum (a jackpot winner’s choice to receive all winnings at once which may be less than the annuitized payment) or an annuity (any structured fixed jackpot payments that are given over a specified period of time) of 26 annual payments.
The record for the highest New York Lotto jackpot was taken on January of 2007 when a prize of $65 million was won by a single lucky ticket holder.
New York Lotto Anecdotes
Take a Bow - While many big lottery winners use their jackpot winnings to retire, one New York Lotto winner decided to use his wins to invest in his dreams of becoming a Broadway star. The young Puerto Rican immigrant was living in a modest tenement ‘just trying to get by’ while working to build his stage career when he won the record $45 million jackpot in 2005. Now the lucky winner has not only directed his own film, but even produces his own show that explores the life changing event of winning the lotto.
Fans of the New York Lotto will also enjoy America's biggest lotteries - USA Powerball whose record jackpot was $590 Million and Mega Millions whose record breaking lottery jackpot reached $656 million.
For more information on New York's Lotto, visit the official site here.