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Florida Fantasy-5 PlayersReply
The game really had only one decent prize and now that was been reduced by this change. That normally $10 for beating 80 something to 1 odds was/is a joke. And that second prize which many times wasnt even $100 is a huge slap in the face for someone beating 2400 to 1 odds.....now beating nearly 400,000 to one odds isnt going be even $100,000 after taxes. I will be surprise if this doesnt take a huge hit in the amount of people playing.
Mar 21, 2023, 9:32 am - Dreamer1270 - Pick 5 Forum

Florida Fantasy-5 PlayersReply
Here's what's wrong with playing JPT when the jackpot is low..... A guy in North Fort Myers won a $300,000 jackpot playing JPT on December 2nd. OK great! Congrats to him and I know he's very happy to have won. BUT!! While the advertised jackpot was $300,000, he took the Cash Option, and therefore he received $195,802. Although I'm not sure about this, that amount is probably BEFORE TAXES! If I'm correct, he took home probably about half the advertised jackpot. $195,800 before taxes is wh
Dec 7, 2022, 9:00 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 PlayersReply
I've been thinking about JPT. It's probably going to take a while before somebody hits the two million dollar jackpot, and if they take the cash option (most people have done exactly that) they probably will receive a prize of less than $1,300,000 before taxes.... Remember last Summer how it took a couple of months of rolldown drawings until the jackpot was won? The winner took the cash option and won $1,368,000 before taxes. I think the same thing is going to happen with this $2,000,000 ja
Oct 19, 2022, 7:04 am - GiveFive - Pick 5 Forum

Florida Fantasy-5 PlayersReply
I have not received a response from The Florida Lottery yet, but from looking at their app on my i-Phone I saw the following; All jackpot Triple Play prizes are pari-mutuel. The advertised jackpot prize will be paid in annual payments over 25 years, or as a single cash payment of a lesser amount. Ala PowerBall and MegaMillions. That tells me that if a player wins ANY jackpot amount and takes the Cash Option (which is what I'd do) they won't win the advertised jackpot amount. Rather they'
Feb 9, 2022, 6:35 pm - GiveFive - Pick 5 Forum

Florida Fantasy-5 PlayersReply
Thank you so much for this post. Such good information in here! How about those 7 winners last night? Now, winning $23k on a dollar bet is an awesome return on investment (even after taxes) but you have to imagine there was a tad bit of despair when learning the jackpot was to be shared with SIX other winners! I have never seen that many winners, has to be some kind of record (or maybe one person played back a QP several times...time will tell!)
Aug 23, 2021, 7:47 am - fla33023 - Pick 5 Forum

Take5 NYReply
Exactly! Don't get me wrong, I'd be happy with $500 right now ... but to win a JP and come away with so little would still hurt. And anything over $5k they take the taxes out right then and there ... at least if you play the P4 right you wouldn't have to settle up until April 15.
Sep 2, 2016, 6:16 pm - Feisty1 - Pick 5 Forum

Payouts, taxes, collection
HI, Just joined forum and looking forward to peoples insights and advice. I have been playing Take 5 on and off for a couple years now. One of the first few times that i played i won $400 bucks. I am grateful for this. I like playing Take 5 because i feel you have a better chance at winning this than Mega or powerball. Although its not life changing money when you win, it can help some of us wipe the late clean financially plus i enjoy the joy of winning. With that being said i have a few que
Jun 27, 2016, 10:14 am - Bootney - Pick 5 Forum

Take5 NYReply
Ya got me 'Player! No clue why so many winners and no QP/FP's. Worst part about it is the payout was $11,783 BEFORE taxes. G5
Feb 6, 2016, 10:25 am - GiveFive - Pick 5 Forum

Cash 5 Start DateReply
Thanks. Would you know how much a top prize winner actually walks away with after taxes? I heard it was about $60k, but I'm looking for an exact dollar amount. Any idea?
Jun 18, 2015, 3:32 pm - GreenbackStack - Pick 5 Forum

Take5 NYReply
playing same numbers as last night plus a fp from a fp. If none of my numbers hit last night tonight must be the night I hit. Four of five. Good luck to all hey G5 you know u can take it off ur taxes next year. Mink when is the new one coming out seems like they have been saying that for a while. Good luck to all
Feb 25, 2015, 9:45 pm - loosechange - Pick 5 Forum