Randy Villalpando, a 24-year-old man and resident of Miami-Dade County, won a prize of 1 million dollars with a $50 scratch-off ticket from the game 500X The Cash, offered by the Florida Lottery.
Villalpando claimed his prize at the Miami Lottery District Office, choosing to receive a lump sum of $640,000, according to the state Lottery in a press release issued this Thursday.
The lucky ticket was purchased at supermercado El Palacio, located at 995 Southwest Fifth Street, Miami.
As an incentive for selling the winning ticket, the establishment received an additional commission of $2,000.
This scratch-off game stands out for offering the largest jackpot in the history of the Florida Lottery: $25 million.
The probability of winning any prize in this game is 1 in 4.23, according to official data.
In addition, the game distributes over $1.66 billion in cash prizes.
During the fiscal year 2023-2024, scratch-off games accounted for approximately 74% of all ticket sales for the Florida Lottery.
Since their introduction, these games have generated:
More than $19.8 billion for the State Educational Improvement Trust Fund.
More than $65.5 billion in prizes.
-The creation of 2,283 millionaires across the state.
Frequently Asked Questions about the 500X the Cash Scratch-Off Game of the Florida Lottery
How much money did Randy Villalpando receive after winning the $1 million prize?
Randy Villalpando chose to receive a one-time payment of $640,000, after taxes and adjustments, after winning the $1 million prize in the Florida Lottery's 500X The Cash scratch-off game.
Where was the winning ticket for the $1 million prize purchased?
The winning ticket for the $1 million prize of Randy Villalpando was purchased at the El Palacio supermarket, located at 995 Southwest Fifth Street, Miami. The establishment received an additional commission of $2,000 for selling the winning ticket.
What are the chances of winning in the game 500X The Cash?
The odds of winning any prize in the game 500X The Cash are 1 in 4.23, according to official data. This game is known for offering the largest jackpot in the history of the Florida Lottery: $25 million.
How do scratch-off games impact the Florida Lottery?
During the fiscal year 2023-2024, scratch-off games represented approximately 74% of all ticket sales for the Florida Lottery. These games have generated over $19.8 billion for the state's Educational Enhancement Trust Fund, significantly supporting Florida's educational system.
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