All-Cash Jackpot; Increases to Other Prizes
ALBUQUERQUE – Changes are coming to Hot Lotto®.
The advertised jackpot will reflect the after-tax sum. In New Mexico, 6 percent in state tax and 25 percent in federal tax will be deducted from all lottery prizes of $5,000 or more. The option to take a Hot Lotto jackpot in equal payments over 24 years will be discontinued.
In other changes, five of the game’s eight non-jackpot prizes will increase. For example, the prize for matching five white balls will go up from $10,000 to $30,000.
To make these enhancements, the game’s mix of numbers will change. Players will pick five numbers ranging from 1 to 47, up from 1 to 39. The number of red balls will remain the same at 1 through 19.
The game’s overall odds will increase from approximately 1 in 16 to 1 in 17. The odds of winning a jackpot will increase from 1 in 11 million to 1 in 29 million.
The price of a ticket will remain $1 per play.
Five Hot Lotto Jackpots Won in New Mexico
- Edward Boyd of Farmington took one half of a $2 million jackpot shared with a player in Minnesota in August 2007.
- David C. Fort of Albuquerque won a $5.6 million jackpot in February 2008.
- Aurbra King of Elida won a $1.1 million jackpot in November 2009.
- Bill and Janet Swann of Ruidoso and daughters Lisa Swann and Stacey Swann of Austin, Texas won a $3.54 million jackpot in January 2010.
- Robert Platt of Albuquerque won a $1.54 million jackpot in April 2012.
The game’s record jackpot of $19.97 million was won by an Iowa resident in January 2007.
Hot Lotto is played in 16 lotteries. The starting jackpot is $1 million. Drawings are Wednesday and Saturday evenings. Tickets can be purchased on drawing nights up to 8 p.m. Mountain Time.
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