The Georgia Lottery Corporation , known as the Georgia Lottery , is overseen by the government of Georgia , United States . Headquartered in Atlanta , the lottery takes in over US$ 1 billion yearly. By law, half of the money goes to prizes , one-third to education , and the remainder to operating and marketing the lottery. The education money funds the HOPE Scholarship , and has become a successful model for other lotteries, including the South Carolina Education Lottery .
31-541: The Federal Financing Bank ( FFB ) is a United States government corporation created by Congress in 1973 under the general supervision of the Secretary of the Treasury . The FFB was established to centralize and reduce the cost of federal borrowing, as well as federally assisted borrowing from the public. The FFB was also established to deal with federal budget management issues which occurred when off-budget financing flooded
62-594: A statute passed by a state legislature specifically sets up a government-owned company in order to undertake a specific public purpose with public funds or public property. Lotteries in the United States are also run by government corporations, such as the Georgia Lottery Corporation and many others. There also exists a third level of sovereign government in the United States: the sovereignty of
93-455: A $ 1 "straight" bet (a player guesses a three-digit number will be drawn in exact order) pays $ 500 for a winning ticket. Other options of play include "Box" (any order), "Straight/Box"($ .50 for a straight play and $ .50 for a boxed play), Front Pair (where you must match the first two numbers drawn in the exact order), and Back Pair (where a player must match the last two numbers drawn in the exact order). Cash 3 began August 10, 1993. Cash 4 also
124-419: A chance to be one of three guaranteed winners every evening. Players had to match all six characters in the exact order to win a prize that depends on how much money they pay for each game played. The Georgia Lottery ended the game in 2004 due to declining sales. 5 Card Cash was drawn daily and also had an instant win feature. Each 5 Card Cash play costed $ 2 and only one play printed on a ticket. Each ticket had
155-530: A duplicate of a "white ball" number.) The minimum jackpot is $ 40 million. Mega Millions replaced The Big Game in 2002. The Megaplier option, initially available only in Texas , was made available to Georgia's players on November 7, 2010. In October 2009, an agreement was reached allowing Mega Millions and Powerball tickets to be sold through US lotteries, then with either game. Georgia, which joined Powerball in 1995, and sold The Big Game and Powerball tickets for
186-706: A few days in 1996 before being forced out of Powerball, rejoined Powerball on January 31, 2010. Powerball began in 1992; the Power Play option in 2001. In January 2012, the price of a Powerball play increased to $ 2, or $ 3 with Power Play. Monopoly Millionaires' Club (MMC) began sales on October 19, 2014, in 22 states and the District of Columbia . Due to unexpectedly poor sales, and an unexpected early jackpot win, only 10 MMC drawings were held. A television game show featuring MMC contestants aired from March 28, 2015, to 2016; later episodes were for contestants who won access to
217-786: A net position of $ 6.5 billion. State-owned enterprises of the United States The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency , the Bureau of Indian Affairs , or independent commissions, such as the Federal Communications Commission , the Nuclear Regulatory Commission , and others, they have
248-444: A public service broadcaster along the lines of Ireland's Raidió Teilifís Éireann , partially-fund it with a television license on tribal land, and make up the difference through advertising, thereby making it both a means of uniting the tribe and giving it a voice and a commercial venture by the tribe. The Alaska Natives are particularly advanced in using their tribal sovereignty to incorporate corporations that are owned by and for
279-471: A quick pick play with five card symbols, no card knowledge or skill is needed to play. Players could win instantly at the time of purchase if the card symbols on their ticket match a specified winning hand from the prize structure. The top prize for the nightly drawing was $ 150,000. At the nightly drawings, players had to match at least two cards to win a prize. The start and end dates were unknown. The Georgia Lottery launched this game on March 2, 2014. The game
310-433: A separate legal personality from the federal government. This gives them a higher level of political independence. Some receive federal budgetary appropriations, while some have independent sources of revenue. Federal-government-acquired corporations' are a separate set of corporations that were originally chartered and created by an entity other than the U.S. federal government, but that were, at some point, nationalized by
341-451: A thin film from the ticket to see if the ticket is a winner. The prizes are smaller than other lottery games, but there are better odds. There are dozens of instant games on sale at any time, and the selection of games changes frequently. They range in price from $ 1 to $ 50. Cash 3 is played three times daily. Three machines, each containing balls numbered 0 through 9, are used; one ball is drawn from each machine. Play styles vary: for example,
SECTION 10
#1732848305816372-475: Is also available in Florida, Indiana, Maryland, New Jersey, New York, Pennsylvania, Tennessee, and Virginia.) Players choose 5 of 60 numbers in one field, and 1 of 4 green "Cash Ball" numbers in the second field. Live drawings are held on Monday and Thursday evenings at 9 pm Eastern Time on Livestream . The top prize (win or share) $ 1,000-per-day-for-life. The second prize is $ 1,000-per-week-for-life. Unlike
403-485: Is drawn three times daily; it is played similarly to Cash 3, except with 4 digits, and four ball machines are used. A $ 1 "straight" wager (see above) wins $ 5,000 for a winning ticket. Cash 4 began April 6, 1997. Georgia Five is a 5-digit numbers game. Georgia 5 is drawn twice daily; it has a top prize of $ 10,000. It was introduced on August 1, 2010. Georgia Five is different from most pick-3 and pick-4 games; players do not choose straight, box, or similar wagers. The top prize
434-424: Is won by matching all five numbers in exact order; a player wins by matching at least the first or last digit. Fantasy 5 is a once daily game that draws 5 of 42 numbers (originally was 35 and then 39). Games are $ 1 per play. Jackpots begin at $ 125,000 and increase if there is no top prize winner. Fantasy 5 also has a Ca$ h Match option for an additional $ 1 per game. Matching the ticket's Fantasy 5 numbers to any of
465-573: The Ca$ h Match numbers within the ticket wins a cash prize. The Ca$ h Match option can be won up to five times on each ticket. Fantasy 5 has been played since November 14, 1994. Keno is played every four minutes at many lottery retailers. Twenty numbers from 1 through 80 are selected and displayed on a monitor. Players choose 1 to 10 numbers. Keno has a multiplier option, for an extra $ 1 per play, that multiplies prizes by 1x, 2x, 3x, 5x or 10x. Georgia joined Cash4Life on August 29, 2016. (The game
496-903: The Georgia State Constitution , approved in a referendum . The GLC was created by a separate bill in 1992 by the Georgia General Assembly , and then- governor of Georgia , Zell Miller , in the Lottery for Education Act ( OCGA 50-27). Rebecca Paul , who began the Florida Lottery , then ran the Georgia Lottery for its first decade, before leaving to launch Tennessee Lottery in 2004. The original in-house weekly jackpot game, Lotto Georgia, merged with two similar games in 2001 to become Lotto South , in an attempt to create larger jackpots . In February 2006, Lotto South ended. In
527-544: The Native American tribal governments . As such, the Native American (including Alaska Native ) tribal governments have the power to charter corporations and undertake public undertakings that might benefit their citizens, Native Americans are therefore not only citizens of their particular tribes, but also citizens of their respective U.S. states, and of the United States . For example, a tribal council could establish
558-611: The benefit of their tribal citizens and often compete in highly competitive economic sectors through the Alaska Native Regional Corporations . The Native American tribes in the 48 contiguous states often use their sovereignty and their ability to charter to compete using regulatory easements; for instance, Native American tribal corporations often trade in goods that are highly taxed in surrounding states (such as tobacco ), or engage in activities that surrounding states have (for reasons of public policy) forbidden, such as
589-457: The choice of $ 250,000 per year in 30 installments, or $ 4,000,000 cash. Win for Life replaced Lotto South in 2006. It was offered in Georgia, Kentucky, and Virginia; it was a 6-of-42 game that drew a seventh number (the "Free Ball") for lower-tier prizes. Top prize was $ 1,000-a-week-for-life; there was never a gamewide "cash option", unlike the current Cash4Life (although Virginia offered it when
620-602: The federal government's nationalization of the Alaska Northern Railroad in 1914 and Tanana Valley Railroad in 1917, now both part of the Alaska Railroad , which remained federally-owned until being sold to the state of Alaska in 1985, and, on a larger scale, the nationalization of all U.S. railroads from 1917 to 1920 under the United States Railroad Administration , and nationalization of
651-444: The federal government. Most of these are corporations temporarily in possession of the government as a result of a seizure of property of a debtor to the government, such as a delinquent taxpayer; usually, these are awaiting liquidation at auction, and most are too small to note. However, there are also corporations that the federal government has nationalized to ensure the continued provision of an essential service or services, such as
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#1732848305816682-505: The former multi-state draw game Win for Life (see below), winners of a "lifetime" prize can choose cash in lieu of the lifetime annuity. In the mid-1990s, Georgia helped launch The Big Game (now Mega Millions ) when it began in 1996. (Its drawings usually are held in Atlanta .) Mega Millions players choose six numbers for $ 2; five "white ball" numbers, 1 through 70, and a sixth ( Mega Ball ) number, 1 through 25. (The Mega Ball number can be
713-471: The game began.) Win for Life ended as a Virginia-only game with a cash option. Lotto South was offered in Georgia, Kentucky, and Virginia from 2001 to 2006 (it was a 6-of-49 game, using the same matrix as the Virginia-only game that preceded it.) This game began in 2002. In this game players got a six character combination from A0000A to Z9999Z for a change amount ranging from 25 cents to 99 cents for
744-479: The government securities market with offers of a variety of government-backed securities that were competing with Treasury securities . Today the FFB has statutory authority to purchase any obligation issued, sold, or guaranteed by a federal agency to ensure that fully guaranteed obligations are financed efficiently. As of September 2022, the FFB had $ 85.7 billion in assets and $ 79.1 billion in liabilities, for
775-792: The mid-1990s, Georgia, then offering Powerball for the first time, joined The Big Game (now Mega Millions ) when it began in 1996. Several days after Georgia began selling The Big Game tickets, it was forced to leave the Multi-State Lottery Association (MUSL), which continues to administer Powerball. (In October 2009, an agreement was reached between Mega Millions and the Powerball group allowing Mega Millions and Powerball tickets to be available, simultaneously, by each US lottery. Most lotteries, including Georgia's, offered both games beginning January 31, 2010. Instant games are scratch tickets also called "scratch-offs". A player scratches
806-465: The northeastern freight railroads under Conrail in 1976. There exists a second level of sovereign government in the United States which coexists with the federal government: the individual states of the United States. The vast majority of non-governmental corporations in the United States are chartered by the states of the United States. This includes most charitable corporations, non-profit corporations, and for-profit corporations. States also have
837-399: The operation of casinos or other gaming establishments. Most of these endeavors have proven very successful for Native American tribal sovereigns and their tribal corporations, bringing wealth into the hands of Native Americans. Georgia Lottery Corporation A government-run lottery was explicitly allowed in a 1992 constitutional amendment to Article I, Section II, Paragraph VIII of
868-400: The power to charter corporations that they own, control, or are responsible for the regulation and finance of . These include municipal corporations and state chartered and owned corporations. State government-chartered and -owned corporations are numerous and provide public services. Examples include North Dakota Mill and Elevator and South Dakota Public Broadcasting . Generally speaking,
899-459: The show via a scratch ticket; the scratch tickets were printed after the draw game ended. Decades of Dollars began in 2011; it was launched in Georgia, Kentucky, and Virginia as an alternative game to Win for Life . (Arkansas joined a few months after DoD began.) DoD was replaced by Monopoly Millionaires′ Club in Arkansas, Georgia, and Kentucky; in 2015, Virginia ended sales of DoD. Winners had
930-573: The ticket's Jumbo Bucks Lotto numbers to any of the 'Ca$ h Match' numbers within the ticket wins a cash prize. The Ca$ h Match option can be won up to five times on each ticket. Additionally, each Ca$ h Match purchase includes a Multiplier that automatically prints on the player's ticket. The Multiplier increases the player's Ca$ h Match winnings up to 10 times(1X, 2X, 3X, 4X, 5X, or 10X). The Multiplier applies to Ca$ h Match winnings only and does not apply to Jumbo Bucks LOTTO draw winnings. Jumbo Bucks Lotto has been played since February 2015. The largest jackpot
961-430: Was played by picking 12 numbers from 24 for a chance to win prizes up to $ 250,000. Drawings were held 4 times daily. The game’s end date was unknown. Jumbo Bucks Lotto was a twice-weekly game (Mondays and Thursdays) that draws 6 of 47 numbers. Games are $ 1 per play. Jackpots begin at $ 1,000,000 and increase if there's no jackpot winner. Jumbo Bucks Lotto also has a Ca$ h Match option for an additional $ 1 per game. Matching