The New York Lottery is a government-run lottery offering players the chance to win huge prizes. Offering Take 5, Pick 10, Numbers and Quick Draw games at authorized retailers across New York State. Drawings occur twice every week and tickets cost just $1 per play – winning numbers are randomly selected by machines under independent adjudicators supervision; it even offers instant win games to allow instantaneous victory!
The Lottery is one of the most beloved forms of entertainment in North America, offering players who manage to match all six main numbers huge jackpots. Typically, 40% of ticket sales is set aside as prize money in each drawing; however, exact prize levels depend on how many tickets were sold and who won.
Players can watch live New York Lottery drawings on WABC-TV every Monday, Wednesday and Saturday at 2:30 and 10:30 p.m. The NY Lottery also streams Powerball and Mega Millions drawings at this link.
New York Lottery also provides many smaller prizes beyond its large jackpots, from one dollar for matching three numbers up to $10,000 awards for correctly selecting five numbers in Lotto draws. Nine lucky ticket holders in 1991 shared in winning $90 Million; each of them was paid out as an outright lump sum payment after taxes of $21,176,066 each.
The New York State Education Department utilizes Lottery funds to support public and private schools across New York State. Lottery earnings are distributed via state budget process, and each school receives funds depending on estimated Lottery revenues. Educators can use these funds to enhance classroom programs while also helping students meet academic goals.
Winners of the New York Lottery must pay federal, state and local withholding taxes if they reside in New York. Prizes valued below $600 can also be collected directly at an authorized Lottery retailer or through mail.
The New York Lottery is responsible for disbursing billions in prize money every year to winners across New York State and has since 1967 supported education on all levels across New York State. New York City and Yonkers residents must also pay an additional local withholding tax when participating.
