Lotteries not only help people win huge amounts of money but also acts as a means of entertainment.
Many states conduct lotteries for the people of their state, the proceeds of which go to the benefit of the public directly in the form of prizes or indirectly to the state in the form of funds for education, parks, employment, etc.
In today’s article, we are going to discuss one such lottery fund known as Colorado Lottery. So if you are interested to learn about it, then keep reading!
|Lottery Winning Results||Announced|
|Lottery Winning Results||Announced|
|Requirements||Be over the age of 18|
What Is Colorado Lottery?
Colorado Lottery is a member of the Multi-State Lottery Association (MUSL) and is run by Colorado’s state government.
Colorado’s state government has been conducting lotteries for 39 years and has helped millions of people win huge amounts of money.
The major portion of the lottery funds goes straight to the winners, and the rest of the amount goes to the development of Colorado’s parks, pools, schools, trails, open spaces, and more across the state.
Colorado takes pride in being the only state in the world that dedicates a good amount of lottery funds to the outdoors.
The people who participate in the Colorado Lottery are aged between 18-54 years, and the people of Colorado immensely enjoy spending time outdoors.
Due to this, nearly three to six billion funds are dedicated to the states outdoors.
Participating in Lottery’s are a great way to have some entertainment and even a greater source of income.
According to Colorado Lottery, 7 out of 10 people participating in the Lottery are employed.
Winning prizes from this Lottery lets them make 15 percent more income than an average resident of Colorado.
Having said that, it is crucial to note that we can’t turn a blind eye to the fact that lotteries are a form of gambling that can cause addiction.
It is important not to overdo it to save yourself from such addictions.
History Of Colorado Lottery
Colorado Lottery held its first-ever game on 24 January 1983. Initially, it began selling only scratch tickets.
Later on, it added a couple of games, including, Pick3, Cash5, Mega Millions, Powerball, and Lucky For Life.
Powerball was not a part of lottery games until 2001. And it joined mega millions in 2010 and Lucky For Life in 2016.
Over the course of thirty-nine years, it has changed the lives of millions of people along with improving the quality of life for the people living in the state.
Colorado Lottery is an enterprise fund and is self-funded. They do not take tax money from the state’s general fund for their business operations.
All their expenses, including salaries, retailer commissions, etc., are paid from the proceeds or sales of their products.
Current Games Of Colorado Lottery
Let’s have a look at the various games played at Colorado Lottery:
In order to play Powerball, you are required to pick 5 from 69 numbers and 1 number from 26 for Powerball.
The tickets for this cost $2. You can buy a Powerball multiplier for $1 and a double multiplier for another additional $1.
Buy 39 drawings in advance that is, up to 13 weeks. Now keep checking your email, local news, text, etc., to see if you won anything.
You have to select 1 from 25 numbers for mega millions and 5 from 7 numbers to play Mega Millions.
The tickets for Megamillions cost $2, and you can also buy an additional megaplier for $1 per line.
You can buy tickets for up to 13 weeks, which are available at most retailers of CO. Now check your local newspaper, text, mails, etc., to see if you won anything.
Lucky For Life
This is one of the most interesting games to play. For this, please select 1 number from 18 numbers and 5 from 48 numbers.
Each ticket costs $2 and is available at most retailers of CO. Buy up to 91 drawings, that is, up to 13 weeks in advance, and check for any messages or news to see if you won anything big.
If you manage to win the prize, you get $1000 every day for the rest of your life, and if you come second, then you get $25000 a year for the rest of your life.
Colorado Lotto +
To play this game, you can either do a quick pick or select 6 out of 40 numbers manually. The ticket for this game costs $2.
You can pay an additional $1 to get a second draw. This game can help you win prizes of up to $250,000.
You can play Cash 5 to win a top prize of $20,000. To play the game, you can either choose Cash 5 quick pick or select 5 out of 32 numbers.
The tickets will cost you $1, purchase up to 13 weeks in advance and check for texts and news to see if you won any prize.
This lets you win a top prize of up to $2,500. To play Pick 3, select three numbers between 0-9. These can be duplicated or separate.
Now pick among five betting options to win. Depending on the wager, the tickets cost $0.50, $2, $1, or $5. You can play only evenings or on middays for up to 28 days.
This game is the oldest Colorado Lottery game, and it is very easy to play. Scratch cards and win up to $250,000 in cash.
Bonus draws give you a second chance to win prizes. Only non-winning tickets are eligible to play this bonus.
To play this, you just have to scratch the card to find a 22-digit code and enter the number on the Lottery’s website.
You can even use the bar code to know if you are eligible for the entry.
How To Withdraw Colorado Lottery Funds?
You can claim your rewards and prizes in a number of ways. You can either email a signed ticket along with a Lottery claim form to the Lottery’s Pueblo Headquarters. Or you can claim your reward in person by visiting any of the Lottery’s four claims centers.
Also, note that if you have won a prize of more than $600, then you can claim your prize after appointment only.
For this, you can call on 1-800-999-2959 to schedule a meeting.
The Colorado Lottery has changed the lives of millions of people through its Lottery games.
They offer many options to play, and if you are lucky enough, you can too become rich overnight.
Although please note that lotteries are a form of gambling, and you should avoid getting addicted to them at all costs.
If you find yourself addicted to playing lotteries, you can go to the CO Lottery website and can go through the helpline numbers available on their website.
We hope you found this article useful.
What happens if I die before receiving the annuity payment from my big win?
If in case you die before receiving the entire annuity payment, then the amount will go to your designated beneficiary or to your estate.
Do I need to be a citizen of the U.S. to play at the Colorado Lottery?
No, you do not have to be a citizen of the U.S. in order to play here. The only thing is that you will be taxed 34%, which is higher than the rate for the citizens.
Why do the proceeds of the Colorado Lottery does not go to schools or me?
In 1992, the citizens of Colorado voted that the proceeds from the lottery should go to open space, recreation, wildlife, trails, rivers, etc. This decision has been made by the citizens themselves.