What is the Illinois Lotto?
Lotto is a pari-mutuel game that awards prizes to players who match two (2), three (3), four(4), five(5), or six (6) numbers. You can win cash or annuities by winning the lotto. You can also choose to receive a cash payout instead of a prize.
Lotto is a pari-mutuel game
Lotto is a pari-mutual game that involves betting money on a winning number. The prize amount is based on the number of tickets sold and is usually $500k or higher. In larger states, the prize pool can be even higher. However, there is no guarantee that you’ll win. In order to win the jackpot, you need to match all the numbers on your ticket.
It awards prizes to players matching two (2), three (3), four(4), five(5) or six (6) numbers
Players who match two (2), three (3), four(4), or five(5) numbers will receive a prize. Players who match all six numbers will win the jackpot. Prize amounts will increase if a Bonus Ball is drawn. Players can purchase more than one ticket to increase their chances of winning.
It offers annuities
Lotto offers annuities as an option for lottery winners. These are a good way to keep your lottery winnings tax-free. Annuities are inflexible, meaning that they are very difficult to change once you have them. The annuities are designed to provide a regular income stream over decades. While this will not provide a large sum of money at once, the monthly payments will allow you to live off the money while avoiding unnecessary expenses.
It has a cash option
Lotto has a cash option, which is a way to receive a large jackpot if you win the lottery. It gives you immediate cash, which makes it especially attractive for those who are facing financial troubles. With this option, you can turn your weakness into strength.
It is an Illinois-only $2 jackpot game
The Illinois Lotto is a $2 jackpot game offered three times weekly at 9:22 PM CST. Each player has three chances to win the jackpot by matching two, three, four, or five numbers on their ticket. They can also buy extra entries, or an “Extra Shot”, which will double their chances of winning. The jackpot starts at $2 million and increases each drawing until it is won.
It has a subscription option
If you play the lottery and want to stay on top of the latest results, Lotto has a subscription option available. Subscriptions are paid weekly in advance. You can also change the billing period if you’d like.