Jacksonville woman wins Florida lottery scratch-off game worth $1M
A lucky Jacksonville woman named Loretta Bolton won a whopping sum of $1 million playing Florida Lottery's 500X THE CASH?Scratch-Off game.
The winning ticket was sold at AP Express at 3621 Park Street in Jacksonville. The store will receive a bonus of $10,000 for selling the winning scratch-Off ticket.
Bolton recently claimed her winning amount from the lottery headquarters and chose to receive her winnings as a one-time, lump-sum payment of $820,000.
The Florida Lottery is the government-operated lottery of the U.S. state of Florida.
The $50 game, 500X THE CASH, features a top prize of $25 million, the largest ever offered on a Florida Scratch-Off game. The game’s overall odds of winning are 1-in-4.50.
Though the Florida Lottery's expenses and payouts vary from year to year, approximately 50 to 60 percent of its net revenue makes up the games' prize pools, 30 to 40 percent is transferred to the Educational Enhancement Trust Fund, 6 percent is paid to retailers in the form of commissions, 2 percent is paid to the Lottery's on-line and Scratch-Off ticket vendors, and the remaining 2 percent covers operational costs, including advertising.