~ Claims $1 Million Scratch-Off Prize ~
Cho chose to receive the winnings in a one-time, lump-sum payment in the amount of $810,790.11. He purchased his winning Scratch-Off ticket at Tom Thumb, located at 101 Beal Parkway in Fort Walton Beach.
The special 25th Anniversary Scratch-Off ticket, reminiscent of the Lottery’s very first Scratch-Off game, MILLIONAIRE, launched in celebration of 25 years of the Florida Lottery giving back to players. The game features over $290 million in total cash prizes, including 25 prizes ranging from $1 million to $5 million, and the highest prize payout percentage ever in Florida Lottery history. This ticket features one-in-2.87 overall odds of winning, the best overall odds of any Scratch-Off game currently available from the Florida Lottery.
The Florida Lottery offers approximately 60 Scratch-Off games at any given time through vending machines or counter displays at more than 13,000 retailers statewide. Scratch-Off games are an important part of the Lottery’s portfolio of games, making up approximately 58 percent of ticket sales and generating more than $495 million for the Educational Enhancement Trust Fund (EETF) in fiscal year 2011-12.
ABOUT THE FLORIDA LOTTERY
The Florida Lottery is an integral part of Florida’s culture and landscape. Responsible for contributing more than $24 billion to education and sending more than 600,000 students to college through the Bright Futures Scholarship Program, the Florida Lottery is a dependable source of financial support for the state. The agency reinvests nearly 98 percent of its revenue back into Florida’s economy through prize payouts, commissions to more than 13,000 Florida retailers, and transfers to education. Since its inception, Florida Lottery games have also made more than 1,200 people millionaires. That’s more than $37.7 billion in prize payouts since 1988 when the first ticket was sold. As the agency celebrates its 25th anniversary in 2013, an innovative and fresh spirit shines through with a mix of new and classic games, an updated logo design and new brand identity, as well as a renewed commitment to benefitting the state, all while inspiring Floridians to imagine the possibilities of their dreams coming true. For more information, please visit www.flalottery.com.
This article originally appeared on Santa Rosa Press Gazette: Navarre man becomes Florida Lottery's Newest Millionaire