$100 Million Cash Spectacular Features $1 Million Top Prize, Biggest Statewide Promotion and Highest Payout Percentage in Georgia Lottery History
The Georgia Lottery Corporation (GLC) yesterday announced the launch of $100 Million Cash Spectacular, a new instant game with 10 $1 million top prizes and the highest payout percentage in GLC history. GLC President and CEO Margaret DeFrancisco unveiled the new game in a press conference at Philips Arena.
Atlanta business leaders Michael Gearon and Rutherford Seydel, who are part of the ownership of Atlanta Spirit, LLC--the Atlanta Hawks, Atlanta Thrashers and Philips Arena--were on hand along with former Hawks great and Atlanta Spirit investor Dominique Wilkins to show their support.
The $100 Million Cash Spectacular tickets went on sale statewide yesterday.
In addition to the 10 top prizes of $1 million, the $10 game offers over $118 million in total cash prizes. The introduction of $100 Million Cash Spectacular and its record-breaking prizes is exciting for Georgia Lottery players, said DeFrancisco. Just as rewarding is the fact that every dollar raised benefits the important educational programs funded by the Georgia Lottery.
In conjunction with $100 Million Cash Spectacular, the GLC is conducting its biggest statewide promotion ever Million-Dollar Hoopla. Players can enter a second chance drawing with $10 worth of non-winning Georgia Lottery tickets for a chance to win $1 million. Players can also enter at events held at lottery retailer locations statewide.
From the second chance drawing, contestants will be chosen to participate in regional free throw basketball events at a mall location in each GLC district, including three in Atlanta. From the regional events, 10 lucky finalists will travel to Atlanta for a chance to win $1 million at the Grand Prize Million-Dollar Hoopla Event at an upcoming Hawks game at Philips Arena.
As business leaders, Gearon, Seydel and Wilkins understand the importance of the educational programs funded by the GLC, including the nationally recognized HOPE Scholarship and high-quality prekindergarten for four-year-olds. Gearon, Seydel and Wilkins all attended Georgia colleges that benefit from lottery funding.
Almost everyone in Georgia knows someone who has benefited from the lottery-funded educational programs, noted Gearon. The HOPE scholarship, in particular, encourages the states best and brightest to pursue higher education in Georgia, and its important to recognize the link between the purchase of lottery tickets and the educational reward that is directly associated with it.
Since its first year, the Georgia Lottery Corporation has returned more than $7 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs. These include Georgias HOPE scholarship program; a statewide, voluntary pre-kindergarten program for four-year-olds; and a wide range of technological and capital upgrades for the states schools, technical institutes, colleges, universities and public libraries.