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Ohio Lottery to sell $30 ticket that offers a chance to win $10 million

Jan 14, 2014, 10:17 am

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Ohio Lottery

To celebrate its 40th anniversary, the Ohio Lottery will debut a $30 instant scratch-off ticket on Thursday.

The ticket for 40th Anniversary Millions is the most expensive — and offers the largest instant prize — in Ohio Lottery history.

Five $10 million prizes and 35 $1 million prizes will be awarded.

The lottery began with the Buckeye 300, a weekly drawing. Today, it is operating racinos, is involved in multi-state lotteries and offers instant games, draw games, EZPLAY games, and KENO.

"It is an interesting time for the industry as a whole," said lottery director Dennis Berg, who has been with the agency for 22 years.

He recalled 50-cent tickets and top prizes in the thousands, not tens of millions.

"A $100 million jackpot was unheard of," Berg said.

The biggest changes have been due to technology, which will also dictate the future he said. In Europe, people can now play games online, with virtual scratch-off tickets — something that will one day be in Ohio, he said.

Until Thursday, the most expensive scratch-off ticket was $20, he said.

Prizes in the 40th Anniversary game also range from $10 to $50,000.

According to the game rules, the $1 million prize award can be $40,000 a year for 25 years before taxes or a cash option of $500,000 before taxes.

The $10 million prize is $400,000 a year for 25 years before taxes or a cash option of $5 million before taxes.

The tickets contain six "Winning Numbers" and 25 "Your Numbers" each which contain 25 prize values.

If one or more of the "Your Numbers" match the "Winning Numbers" the player wins the corresponding amount.

There are also "2X," "5X," "10X" and "20X" symbols in "Your Numbers" spots, which multiplies any winning combinations.

If the player reveals a "40th" symbol in any of the "Your Numbers" play spots, the player automatically wins all 25 prizes shown.

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