Lotto Texas: Difference between revisions
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Revision as of 22:40, 6 October 2008
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Lotto Texas is one of the games offered by the Texas Lottery. It began in the early 1990s, and has undergone several format changes (including one with a mega ball, similar to Texas' most popular game Mega Millions.) Lotto Texas has always been drawn Wednesdays and Saturdays. The matrix as of spring 2007 is a pick-6-of-54. Players win by matching three, four, five, or (for the jackpot) all six numbers. Three numbers wins $3; the other prize levels are parimutuel. The jackpot starts at $4 million (annuitized) and increases by at least $1 million for each rollover. Unusual among US lottery jackpot games is that, when buying a ticket (instead of after winning), players must choose whether they wish to collect a jackpot either by "cash value option" (CVO) or annual payments. The vast majority of players choose lump sum. (In Texas, having to choose when playing also applies to Mega Millions.)
Former Dallas Cowboys player Thomas "Hollywood" Henderson won a $28 million (annuity value) Lotto Texas jackpot in 2000.
As with all Texas Lottery games, the minimum age to play is 18.