Lottery Announces Millionaire Raffle Tickets are 75 Percent Sold
The Louisiana Lottery announced that as of 11 a.m. today, tickets for its $10 Millionaire Raffle game are 75 percent sold, with just 29 days left until the April 15 drawing for a top cash prize of $1 million.
"This is an exciting milestone as we enter the home stretch for Millionaire Raffle," explained Lottery President Rose Hudson. "Less than 75,000 Millionaire Raffle tickets are remaining from the 300,000 originally available for sale on Feb. 18, and when they're gone, they're gone. These are the best odds we've ever offered for winning $1 million."
On April 15, one $1 million-winning raffle number will be drawn from those sold, along with five numbers worth $50,000 and another 500 numbers worth $500. In all, 506 players will win $1.5 million in cash prizes.
"We expect the game to sell out well in advance of April 15, but the drawing will take place as scheduled," Hudson added.
She also advised players to sign the back of their tickets immediately after purchasing, for security purposes, and to keep them in a safe place until the drawing. Original tickets are needed to claim any prize by the Oct. 12, 2008 deadline.
Odds of winning the $1 million prize are 1 in 300,000. Odds of winning any prize are 1 in 593. Like all Lottery games, 50 percent of Millionaire Raffle ticket sales is used to fund the game's prizes; 35 percent is transferred to the state for the Minimum Foundation Program which funds public education in Louisiana; at least 5 percent is paid as commission to retailers that sell tickets; and less than 10 percent is retained by the Lottery to fund its operations.
Millionaire Raffle drawing results, including a listing of all 506 winning raffle numbers for all 3 prize tiers, will be available on the site after 3 p.m. on April 15 following the drawing.
As with all of its games, Millionaire Raffle tickets may be purchased legally only from an authorized Louisiana Lottery retailer and only by those age 21 and older. The Lottery cautions players to play responsibly and to know that help is available to those who may have a gambling problem by calling toll-free, 1-877-770-7867.