FLLLOTTERY - The Florida Lottery is one of the most lucrative single-state lottery systems in the United States with numerous on-line and scratch-off games offering players a wide variety of prize levels.

The minimum age to purchase a Florida Lottery ticket, regardless of game, is 18.

It began operation on January 12, 1988 by order of a constitutional amendment approved by Florida voters by a 2-to-1 margin in the general election of November 4, 1986. The point of the Lottery is to give extra funding to state education, and it was mandated that a significant proportion of all revenue generated by ticket sales go to the Education Enhancement Trust Fund. The Bright Futures scholarship program is funded by the Florida Lottery.

The first game offered by Florida Lottery was Millionaire, a $1 Scratch-Off game with a US$1 million annuity prize. Seventeen days of ticket sales allowed for the Lottery Commission to repay with interest the initial US$15.5 million bond from Florida's General Revenue Fund that got it going.

The first On-line number-drawing games offered by the Florida Lottery were Cash 3 and Florida Lotto, which both started on April 29, 1988. Florida Lotto, the six-number game with multi-million-dollar USD jackpots, had its initial jackpot at US$2 million, and was played every Saturday initially, with the first drawing being April 30. From that point on, jackpots would start at $6 million and rollover, or increase, if no one won. Josie Moore of Port Charlotte, Florida, won the first jackpot on May 28. It was worth US$14 million, and paid in an annuity of 20 yearly payments. Cash 3 had a US$500 jackpot.

On September 3, Sheelah Ryan of Winter Springs, Florida, won the largest single lottery jackpot in world history to that point, a jackpot of US$55.16 million. She was the 10th FLORIDA LOTTO WINNER. However, the Florida Lotto cash option was still 10 years away. She died before receiving all her winnings.

On April 28, 1989, the Florida Lottery expanded with Fantasy 5, a five-number on-line drawing game played every Tuesday and Friday initially. Its jackpots were typically in the tens of thousands of dollars, but had reached over $1 million through rollovers.

The first US$100 million FLORIDA LOTTO jackpot in world history came about on the September 14, 1990, drawing. Six players split a US$106.5 million jackpot, each getting $17.75 million. That day, the Florida Lottery set a record with US$30 million in revenue from LOTTO alone.

In 1991, a daily four-number On-line game, PLAY 4, is introduced on July 4, with a top prize of $5,000. December 10 sees the advent of the FLORIDA LOTTO month, where minimum jackpots and rollovers were guaranteed at US$10 million for the Christmas season.

On September 27, 1993, the first $2 Scratch-Off game, BINGO, was introduced. Through variants, it is the longest-running Scratch-Off game in the Florida Lottery.

On January 24, 1994, FANTASY 5 expanded to every weeknight. On May 22, the first FLORIDA LOTTO mail-in promotion began where losing tickets could be mailed in for a prize. Called the Great LOTTOMOBILE Giveaway, 50 tickets each won their holders a 30th Anniversary 1995 Ford Mustang.

In October 1995, the Florida Lottery launched Flamingo Fortune, a game show where people who sent in losing Scratch-Off tickets were selected to play for lucrative prizes.

On February 28, 1996, Barbara Arens of Clearwater, Florida, was announced as the first grand prize winner of the Win for Life $2 Scratch-Off game. FLSLOTTERY She is guaranteed a payout of US$1,000 per week for the remainder of her life, paid out in annual installments of US$52,000, with a guaranteed total payout of US$1 million should she die before she reaches that amount.

The 500th FLORIDA LOTTO drawing occurred on November 29, 1996, with a jackpot of US$26 million. It rolled over twice before being won by PAPI-AMOR Partnership of Lake Worth.

The Lottery celebrated its 10-year anniversary on January 12, 1998. To that point it had grossed US$21 billion in sales and given US$8 billion to Florida education. On February 25 of that year, they began MEGA MONEY, a four-plus-one On-line drawing game played every Tuesday and Friday with jackpots in the hundreds of thousands of dollars USD. Initially rolled out on an 18-week trial run, it was relaunched on a permanent basis on June 1, 1998.

Later in 1998, FLLLOTTERY began its cash option, with the annuity lengthened to 30 annual payments.

On February 2, 1999, Florida Governor Jeb Bush declined an offer to join the multi-state Powerball Lottery.

On October 24, 1999, FLORIDA LOTTO underwent major changes. It was increased from a 6x49 matrix to a 6x53 matrix, and increased to two nights a week, adding Wednesday. Its initial jackpot was reduced to US$3 million with lower initial rollovers. FANTASY 5 followed suit on July 16, 2001, increasing to a 5/36 matrix from a 5/26 matrix and changing to a rolldown format.

On September 8, 2003, FLLLOTTERY the largest unclaimed Florida Lottery ticket in the Lottery's 15-year history expired after the 180-day deadline with no one claiming the ticket. The FLORIDA LOTTO ticket was worth an estimated $53.7 million. ($30.1 million Cash Amount). Note that while Florida Lotto (and Mega Money beginning in 2004) jackpot winners have roughly six months to claim their prizes, if they want to be paid in lump sum, they must claim within 60 days of the drawing, unlike most states, which start the clock when the ticket is claimed.

On January 28, 2004, FLLLOTTERY Mega Money was revamped. Instead of 4/32 + 1/32 matrix, it moved to a 4/44 + 1/22 matrix. Also, the jackpot was changed from all-cash to 20 annual payments with cash option.

In 2005, a new online ticket package called Grouper was made available with the statewide rollout of new ticket sales terminals, manufactured by GTech. For $5, a player can get quick-picks of each of the five online games (Cash 3, Play 4, Fantasy 5, Mega Money and Lotto), each for the next available drawing, then a free ticket for a major game (Fantasy 5, Mega Money or Lotto) chosen at random.

On March 20, 2006 a new play option called "EZmatch" was added to FANTASY 5. For an extra dollar players could win up to US$500 instantly, by matching their FANTASY 5 numbers to the random EZmatch numbers.

To date, the Florida Lottery has raised US$17 billion for public education FLLLOTTERY.

Sportsbook News


MySportsbook.com: New College Football Clock Rules Examined

Coaches and bettors alike are desperate to make sense of the new time-keeping rules on the NCAA gridiron. One of the big stories to come out of the Ohio State-Texas clash last weekend was Texas coach Mack Brown's criticism of the NCAA's new clock rules that are intended to shorten the duration of college football games, therefore affecting college football betting.

"They scored with six minutes left and the game was over before we had a chance to do anything," Brown told ESPN.com. "I really hope whoever made these changes will go back and look them over."

Sure, it might be sour grapes; the Buckeyes thoroughly trounced the defending national champion Longhorns 24-7. However, Brown isn't alone in giving the changes their due thought. Bettors are also wondering about them, albeit for a completely different reason. Most experts agree that the changes will result in games being shortened by anywhere from 10 to 20 plays. The obvious consequence is lower scores, with more time rolling off the clock during changes of possession. (The Ohio State-Texas game flew well under the total of 52.)

According to research at the online sportsbook MySportsbook.com, more than 18 plays a game disappeared last weekend into thin air. That's a 10-percent reduction. In 2005, a typical game had 168.58 plays. For 2007 already, it's down to 150.26.

As a result, teams combined to gain an average of about 100 fewer yards a game last weekend versus the 2005 openers. Scoring was also down by about 4.5 points (attention Las Vegas sports lines).

Of course, oddsmakers were able to adjust to the changes before the season started. Proof of that came as the over went a balanced 8-9 at My Sportsbook on Saturday.

Other angles to consider:A shorter game should theoretically result in shorter lines. Whereas Team A might have been a 14-point favorite in a 168-play game (last year), if there are 10 percent less snaps in 2007, the line should also be reduced by 10 percent (to 13 or 12.5). Of course, this is an over-simplification of the matter, but something to keep in mind.
Less possessions means a better chance the game will be decided by three or seven points. For example, what might have been a 20-10 final score in 2005 may end at

17-10 in 2007. Granted, a 24-17 game last year might end at 21-17 these days, but the former - a three- or seven-point advantage being preserved as opposed to created - is the most likely scenario.

*UPDATE* - Sept. 25, 2007

New Clock Rules Boon for online bookmakers

By adjusting the time-keeping rules to shorten the duration of college football games, the NCAA hoped to make its product more enjoyable for the fans. While the NCAA's success in this regard is still up for debate, bookmakers couldn't be happier with the results.

"We are seeing a massive jump in college football betting," noted the MySportsbook.com management team. "With all the early Saturday games (12 a.m. ET) ending before the second wave begins (3:30 p.m. ET) - something that didn't always happen before the changes - bettors are now able to re-invest their winnings from the morning session in the afternoon games."

While not all bettors will choose to roll over their winnings, it doesn't take much for an impact to be seen on the bottom line. "Not all of the millions of dollars in morning payouts get re-bet. In fact, it's probably only 10 to 20 percent," noted the sportsbook management team. "Still, the increased football betting lines window will create a ton of growth for us over the course of the season."

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