Welcome Guest
Log In | Register )
The time is now 4:34 pm
You last visited November 24, 2014, 3:59 pm
All times shown are
Eastern Time (GMT-5:00)

Virginia Lottery has largest payout ever in Pick 4

Virginia LotteryVirginia Lottery: Virginia Lottery has largest payout ever in Pick 4

Lady Luck waived her wand just right Tuesday for more than 1,500 Virginia Lottery ticket holders who played 7-7-7-7.

The Virginia Lottery announced its largest payout ever for Pick 4 when the quadruple number was drawn in the afternoon game. The lottery will pay out $5.57 million to 1,503 ticket holders who matched the winning number.

"Our players won big today," said Virginia Lottery Executive Director Penelope W. Kyle. "We paid out more today on the Pick 4 game than we ever paid in 15 years."

Most of winners will receive $5,000 because they spent $1 to buy a ticket. Those who spent 50 cents will get $2,500, Kyle said.

Players spent $211,526 buying tickets for Tuesday afternoon's Pick 4. The lottery paid out more than 26 times the amount it took in for the game.

"If this happened all the time, the lottery would not be the big success that it is," Kyle said. "But it's all right if it happens occasionally."

Kyle said the difference between what was spent in the drawing and what was paid out will come from lottery coffers. Generally the lottery expects to pay out about 50 percent of what it takes in annually on the Pick 4 game.

Quadruple numbers are very popular among lottery players, but are rarely drawn, she added.

"To give you an idea of how unusual that is, in the 15 1/2 years that the Virginia Lottery has been up and running, we have drawn quadruples only eight times."

The largest previous payout was June 5, 2000, when the numbers 9-9-9-9 were drawn, paying out $3.79 million.

The Internal Revenue Service requires winners to claim prizes of more than $600 at a lottery office. There are offices in Hampton, Richmond, Woodbridge, Harrisonburg, Roanoke, Abingdon and Farmville.

"We're expecting a lot of folks to visit the Virginia Lottery Offices across Virginia," Kyle said.

AP

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

5 comments. Last comment 11 years ago by vincejr.
Page 1 of 1
mazie789's avatar - side smile.jpg
Nasau, Bahamas
Bahamas
Member #3060
December 19, 2003
1197 Posts
Offline
Posted: April 14, 2004, 9:16 am - IP Logged

Richgal you must be Rich no kidding 7777

Lovies Hugs and Kisses

    reddog's avatar - patch
    Greensboro, North Carolina
    United States
    Member #1616
    June 5, 2003
    1145 Posts
    Offline
    Posted: May 3, 2004, 7:18 pm - IP Logged

    Something isn't right here. On a $1.00 wager when quads come out the payout is supposed to be $20,000.  not $5,000 like what was stated in the news release.

    $5,000 is for single numbers ex. 1372  on a $1.00 wager.

    $10,000 for double # like 7723

    $15,000 for tripple # like 7771

    $20,000 for quad # like 2222

    Obama..... Worse President Ever !!!! No Hope, Plenty Of Pennies !!!


      United States
      Member #379
      June 5, 2002
      11296 Posts
      Offline
      Posted: May 3, 2004, 7:26 pm - IP Logged

      reddog:

      The payoff on a 4-digit straight is the same whether the number is 7777 or 4567. Boxes pay depending on the digits.                                   

        reddog's avatar - patch
        Greensboro, North Carolina
        United States
        Member #1616
        June 5, 2003
        1145 Posts
        Offline
        Posted: May 3, 2004, 9:16 pm - IP Logged

        Just think, for the past 15 years, I thought this was the payout for pick 4 in VA. Something I read or saw made me think that way.

        Obama..... Worse President Ever !!!! No Hope, Plenty Of Pennies !!!

          vincejr's avatar - wallace
          Somewhere in VA
          United States
          Member #1944
          July 29, 2003
          130 Posts
          Offline
          Posted: May 6, 2004, 9:24 pm - IP Logged

          prizes depend on odds....the odds are the same for any exact order combination....however, for box (or any order) combinations, having multiple digits be the same, decreases the number of combinations, which makes it harder to win...thus higher prizes....