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$850,000 LOTTO 5 JACKPOT A NEW RECORD; Ticket sales likely to be brisk before Wednesday night’s drawing
Tuesday, May 03, 2005
Media Contact:  Gretchen Vanhorn
(615) 324-6554 Office
(615) 351-6972 Mobile
 
The Tennessee Lottery’s Lotto 5 jackpot hit a new high today, climbing to an estimated $850,000 for Wednesday night’s drawing.

NASHVILLE - The Tennessee Lottery’s Lotto 5 jackpot hit a new high today, climbing to an estimated $850,000 for Wednesday night’s drawing.

“With a jackpot approaching one-million dollars and the favorable odds that are part of our Lotto 5 game, we’re sure to see a swell in sales before the next drawing,” said Rebecca Paul, CEO and President of the Tennessee Lottery.

“Increased ticket sales equal more dollars for education, which means everyone wins.” Although no player matched all five numbers correctly in Monday night’s Lotto 5 drawing, 108 players matched four numbers to win $167 each, while 3,363 players matched three numbers correctly and will collect $8 each.

The previous record-setting Lotto 5 jackpot of $765,923 was won on Jan. 31, 2005. The ticket was purchased at Quickstop Market #16 in Greeneville.

The Tennessee Lottery launched Lotto 5 on August 29, 2004. Playing Lotto 5 is easy: For $1 per play, players select five numbers from 1 to 39. If 3, 4 or 5 of those numbers are drawn in any order, the player wins. If there is no top-prize winner, the cash for that prize will be added to the top prize for the next drawing.

Prize amounts for Lotto 5 are pari-mutuel, which means all winners share an equal portion of the winnings in each prize category. Drawings are held Monday, Wednesday and Friday nights and broadcast throughout the state on Lottery television network partner stations. Overall odds of winning are 1 in 100.

The Tennessee Lottery began selling its first tickets on January 20, 2004. Proceeds as of March 31, 2005 have resulted in transfers to the Lottery for Education Account of more than $291 million, in addition to more than $2 million for after-school programs. All Lottery profits will go to pay for specific education programs in Tennessee, which initially include HOPE Scholarships.

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