MARY: The Hot Lotto game has changed and one question has come up from players. Exactly what does it mean when we say
the withholding taxes will be paid on the game’s jackpot prize? Well keep
watching and we’ll tell you. Hot Lotto’s jackpot is now a cash-only prize
with the withholding taxes paid. That means that if the advertised jackpot is two million dollars and you win it you get a one-time lump-sum payment for
the full two million dollars. Now, the withholding
taxes paid feature only applies to the jackpot in the
redesigned game. State and federal withholding will still be deducted from
the other price levels they apply to in Hot Lotto meaning that the net amount you’ll
receive will be reduced. Players have said they’d like to see
cash jackpots in our games with the withholding taxes paid. We’re excited to be offering that very
feature in the relaunch of Hot Lotto.
Another change is the numbers available for you to choose from in the new version of Hot Lotto. You
choose five balls from a pool of 47 and another number called the Hot Ball,
from a separable pool of 19. The Hot Lotto jackpot starts at one
million dollars cash with state and federal withholding taxes paid and it will grow until someone wins it.
Plays still cost a dollar and the Sizzler option that triples non-jackpot prizes, still costs an extra one dollar per play.
In addition to the change in the jackpot, several other prize levels in Hot Lotto also have increased. In particular, the
prize for matching the first five numbers but missing the Hot Ball, has gone from $10,000 up to $30,000. So far, Iowa Lottery players have won nine
jackpots in the Hot Lotto game. And we’re looking forward to even more
winners in the redesigned game. And who knows, you could be the first Iowa
winner to take home an all cash jackpot with the withholding taxes paid!