Jumbo Bucks Lotto was established in Georgia, US. To participate, you have to mark any 6 numbers from 1 to 47 in your bet slip. You can choose numbers by yourself or trust Quick Pick option to do it without you. If in a current draw jackpot wasn’t hit, its sum is increased and postponed to the next draw.
Time, date and place of the Lottery
Jumbo Bucks Lotto is held twice a week, on Mondays and Thursdays at 23:00, local time. Ticket sale closes 3 hours before the broadcast beginning. Bets, placed after ticket sale close, are automatically transferred to the next draw.
The only requirement, organizers have to participants is to be older than 18 years, for the moment of ticket purchase.
Prizes and odds of winning
To win Jumbo Bucks Lotto you have to predict the whole winning combination: 6 numbers out of 47. Minimum jackpot size is 1 million dollars.
Jumbo Bucks prize categories
1:10 737 573
All Jumbo Bucks Lotto prizes are valid during 180 days since the date of a wining draw.
- Prizes less than $249 999 are paid out during till the end of the day.
- Prizes fr om $250 000 to $499 999 are paid out the same day they are won, if the participant can visit GLC office or local lottery departments till 4 p.m. If participant can't visit lottery office, he can get his prize the next day after draw.
- Prizes more than $500 000 are paid out during 5-10 working days since date of withdrawing claim and are transferred to your bank account.
Jumbo Bucks Lotto Prize taxes
The tickets are purchased in Georgia wh ere all prizes more than $5 000 are subject to income federal taxes 25% and state tax of 6%. If player decides to get the prize personally taxes for non US residents is 36%. Organizers levy taxes during withdrawal. That’s why all winnings more than $5 000 will be transferred to the prize account levy 31% — 36% taxes.