ALBUQUERQUE – The New Mexico Lottery is adding fun and games to tax season.
“Unlike the tax code, the game’s top prize is crystal clear,” said Karla Wilkinson, New Mexico Lottery product director. “The big winners will be taking home $50,000.”
Wilkinson added that before taxes, the top prize is approximately $72,000. In New Mexico, 6 percent in state tax and 25 percent in federal tax is withheld from all lottery prizes greater than $5,000.
In addition to a top prize, the “$50,000 Taxes Paid” game gives players a chance to win up to 15 times on a single ticket. The game’s other prizes range between $5 and $1,000.
The $1“ Rapid Refund” Scratcher has top prizes of $1,000. The game includes a symbol that triples prizes.
For the lovers of romance, the “Betty Boop™ Limited” Scratcher doubles as a playful Valentine. The $2 game features top prizes of $10,000.
Also new in stores now is “Lucky Numbers Bingo,” a $3 Scratcher featuring top prizes of $25,000. There is also a drawing game version of “Lucky Numbers Bingo.” The drawing game tickets print from the same in-store sales terminals that print tickets for games such as Powerball® and Hot Lotto®.
Legislative Lottery Scholarships
Since its inception in 1996, the lottery has raised $632.9 million for education in New Mexico. More than 97,000 students have attended college on Legislative Lottery Scholarships. More information about Legislative Lottery Scholarships is available at www.nmlottery.com.
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