If You Won
Lotto Texas on May 24, 2023
This Is How Much You SHOULD Receive ...
The TLC adopted a new rule effective April 23, 2006 & April 14, 2013.
It
guarantees that the winner receives the greater of either
40.47% of "roll" sales OR the amount needed to invest
that will give a return of the amount advertised - called the
"investment cost." (CVO) The highest amount shown below is
how much they SHOULD invest for you (if annual pay) - If
CVO, should pay you - less taxes (25%). The 05/24/23 jackpot
is advertised at $5.5 million and is the 3rd drawing in the roll.
(April 14, 2013 - New Lotto Texas Rule)
----------------------
From ROLL Sales: $931,036
Est Cost To Fund Jackpot: $3,280,057
Taking the greater
of the two figures above ...
After Minimum Taxes (CVO): Est $2,460,042
Short to Fund Jackpot: Est <$2,349,021>
Cost based on TX rate/factor: 1.6768
(Will owe more in taxes at end of year)
------------------
Ticket Sales For This Draw (05/24/23): $752,572
Free tickets this draw: $22,770 not deducted)
Allocated to pay the jackpot winner from
just the May 24 drawing: $304,566
("Draw Sales" - Represents how many
tickets were sold for the 05/24/23 draw.
To guarantee a winner, they need to sell
the vast majority of the 25.8 million
combinations and then it is still ify.)
"Roll" Sales (3 draws): $2,300,558
"Roll" sales is how much they've sold for all draws
since the May 20, 2023 draw. The winners share
of sales is carried forward until there is a winner
and is kept in the "prize pool." The winner is
entitled to receive at least 40.47% of roll sales
which essentially means, all that is in the
jackpot prize pool. More info below ...
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- Re-Cap of Lotto TX Wins -
2021 - 2022 - 2023
---------------
Re-Cap May 17, 2023 Lotto Win
One winning ticket - Advertised @ $7.5 Million
Self Pick - Annual Pay - Sold in Mansfield
"ROLL" Sales (11 draws) were: $8,569,738
In Jackpot Prize Pool: $3,468,172
Net Winnings (Minimum Tax 25%): N/A
Rate/Factor on Wednesday, 05/17/23: 1.6481%
Rate/Factor on Thursday, 05/18/22: 1.672621571
Gross Winnings (Investment Cost): $4,483,979
Net Winnings (Minimum Tax 25%): $3,362,984
Winner will receive $250K per year for 30 years
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Thursday, May 18, 2023. The TLC is short to
fund this win by <$1,015,806>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take <$110,551,064> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: One World Grocery, 2881 Hwy 157, Mansfield, TX
Winner: To Come
-----------------
Re-Cap April 22, 2023 Lotto Win
One winning ticket - Over Advertised @ $95 Million
was sold via an app Mido Lotto - **Self Pick - CVO
"ROLL" Sales (93 draws) were: $138,228,548
In Jackpot Prize Pool: $55,941,093
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Friday, 04/21/23: 1.6508%
Rate/Factor on Monday, 04/24/22: 1.643474246
Gross Winnings (Investment Cost): $57,804,374
Net Winnings (Minimum Tax 25%): $43,353,280
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Monday, April 24, 2023. The TLC is short to
fund this win by <$1,863,281>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take <$109,535,258> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer As Reported by the Texas Lottery:
"Lottery Now" 5200 Colleyville Blvd, Colleyville
Problem is, there is NO retail store at this address.
Lottery Now owns an app called Mido Lotto -
where players can buy lottery
tickets online or
through cell phones.
Players pay MORE than
$1 per
ticket.
A story will be posted by Tues (4/25/23) pm.
Winner: To Come
** Tickets sold via the internet or cell phones are
generally Quick Picks. But the tickets do not have a
"QP" printed on them because they are not generated
by the Texas Lottery. The TLC's count of QP's vs
Self Picks is no longer an accurate count.
--------------------
Re-Cap Sept 17, 2022 Lotto Win
One winning ticket - Advertised @ $19 Million
was sold in Willis - Quick Pick - CVO
"Roll" Sales (36 draws) were: $29,633,066
In Jackpot Prize Pool: $11,992,502
Net Winnings (Minimum Tax 25%): $8,994,376
Rate/Factor on Friday, 09/16/22: 1.6175%
Rate/Factor on Mon, 09/19/22: 1.614262468
Investment Cost: $11,770,081
Net Winnings (Minimum Tax 25%): $N/A
As per the rule, the TLC will be paying the winner
the amount in the jackpot prize pool which is
40.47% of roll sales and deducting 25% for taxes.
Retailer: Master Fod Market, 13033 E FM 1097, Willis
Winner: Was a Katy resident who chose to remain anonymous
Collected 10/4/22
Re-Cap June 25, 2022 Lotto Win
One winning ticket - Advertised @ $7.25 Million
was sold in Irving - Self Pick - CVO
"ROLL" Sales (10 draws) were: $7,465,638
In Jackpot Prize Pool: $3,021,344
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Friday, 06/24/22: 1.5481%
Rate/Factor on Monday, 06/27/22: 1.565142527
Gross Winnings (Investment Cost): $4,632,166
Net Winnings (Minimum Tax 25%): $3,474,124
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Monday, June 27, 2022. The TLC is short to
fund this win by <$1,610,822>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take an est <$107,671,978> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: Circle K, 3950 Valley View, Irving
Winner: An anonymous Arlington resident
collected $4,632,166 (before taxes) on July 25, 2022
Re-Cap June 1, 2022 Lotto Win
One winning ticket - Advertised @ $17.75 Million
was sold in Pearland - Quick Pick - CVO
"Roll" Sales (38 draws) were: $29,498,411
In Jackpot Prize Pool: $11,938,006
Net Winnings (Minimum Tax 25%): $8,953,505
Rate/Factor on Wednesday, 06/01/22: 1.5195%
Rate/Factor on Thurs, 06/02/22: 1.51923627
Investment Cost: $11,683,502
Net Winnings (Minimum Tax 25%): $N/A
As per the rule, the TLC will be paying the winner
the amount in the jackpot prize pool which is
40.47% of roll sales and deducting 25% for taxes.
Retailer: Murphy USA, 3200 Dixie Farm, Pearland
Winner: Winner from Pearland chose to remain anonymous
Collected 06/08/22
Re-Cap March 5, 2022 Lotto Win
One winning ticket - Advertised @ $6.75 Million
was sold in Grapevine - Quick Pick - CVO
"ROLL" Sales (8 draws) were: $6,072,754
In Jackpot Prize Pool: $2,457,644
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Friday, 03/04/22: 1.3411%
Rate/Factor on Monday, 03/07/22: 1.342900622
Gross Winnings (Investment Cost): $5,026,433
Net Winnings (Minimum Tax 25%): $3,769,824
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Monday, March 7, 2022. The TLC is short to
fund this win by <$2,568,789>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take <$106,061,156> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: Grapevine Market, 1216 W NW Hwy, Grapevine, TX
Winner: Winner from Haltom City chose to remain anonymous.
He collected $5,026,433 before taxes on May 2, 2022.
Re-Cap Feb 14, 2022 Lotto Win
One winning ticket - Advertised @ $9.5 Million
was sold in Pasadena - Self Pick - CVO
"ROLL" Sales (19 draws) were: $14,351,777
In Jackpot Prize Pool: $5,808,164
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Monday, 02/14/22: 1.3689%
Rate/Factor on Tuesday, 02/15/22: 1.378986396
Gross Winnings (Investment Cost): $6,889,118
Net Winnings (Minimum Tax 25%): $5,166,838
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Tuesday, Feb 15, 2022. The TLC is short to
fund this win by <$1,080,954>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take <$103,492,367> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: Motu Food Mart, 4900 Space Center Blvd, Pasadena
Winner: An anonymous person collected
$6,889,118 (before taxes) on Feb 22, 2022
Re-Cap Jan 1, 2022 Lotto Win
One winning ticket - Advertised @ $16.25 Million
was sold in Flower Mound - Quick Pick - CVO
"ROLL" Sales (39 draws) were: $31,284,511
In Jackpot Prize Pool: $12,660,842
Net Winnings (Minimum Tax 25%): $9,495,631
Rate/Factor on Friday, 12/31/21: 1.2986%
Rate/Factor on Mon, 01/03/22: 1.3049813
Investment Cost: $12,452,285
Net Winnings (Minimum Tax 25%): $N/A
As per the rule, the TLC will be paying the winner
the amount in the jackpot prize pool which is
40.47% of roll sales and deducting 25% for taxes.
Retailer: Racetrac, 1809 Justin Rd, Flower Mound
Winner: Collected on 1/12/22 - The Highland Village
winner chose to remain anonymous
------------------------
Re-Cap Oct 2, 2021 Lotto Win
One winning ticket - Advertised @ $20.75 Million
was sold in Houston- Self Pick - CVO
"ROLL" Sales (40 draw) were: $39,994,849
In Jackpot Prize Pool: $16,185,915
Net Winnings ( Minimum Tax 25%): $12,139,437
Investment Cost to fund $20.75 M: $15,913,700
Rate/Factor on Friday, 10/01/21: 1.3015%
Rate/Factor on Monday, 10/04/21: 1.303907954
As per the rule, the TLC will be paying the winner
the amount in the jackpot prize pool which is
40.47% of roll sales and deducting 25% for taxes.
Retailer: BFM Food Mart, 5825 Belaire Blvd - Houston
Winner: The claimant elected to remain anonymous -
Collected 10/11/21
------------------------
Re-Cap June 5, 2021 Lotto Win
One winning ticket - Advertised @ $5 Million
was sold in Longview - Quick Pick - CVO
"DRAW" Sales (1 draw) were: $1,053,601
In Jackpot Prize Pool: $426,392
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Friday, 06/04/21: 1.3341%
Rate/Factor on Monday, 06/07/21: 1.331348027
Gross Winnings (Investment Cost): $3,755,592
Net Winnings (Minimum Tax 25%): $2,816,694
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Monday, June 7, 2021. The TLC is short to
fund this win by <$3,329,200>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take <$102,411,413> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: EZ Bee, 514 S Eastman, Longview
Winner: Chose to remain anonymous - Collected 6/23/21
------------------------
Re-Cap June 2, 2021 Lotto Texas Win
One winning ticket - Advertised @ $18.75 Million
was sold in Plano - Self Pick - CVO.
"Roll" Sales (32 draws) were: $35,234,180
In Jackpot Prize Pool: $14,259,273
Net Winnings (Minimum Tax 25%): $10,694,454
Rate/Factor on Wednesday, 06/02/21: 1.3291%
(Rate/Factor on Thursday, 06/03/21: 1.329397362
Investment Cost Gross: $14,104,135
(Net - After Minimum Tax @ 25%): N/A
As per the rule, the TLC will be paying the winner
the amount in the jackpot prize pool which is
40.47% of roll sales and deducting 25% for taxes.
Retailer: Plano: XPress Food & Fuel, 800 E Parker
Winner: Onomea LLC, Plano collected 11/02/21
(The Onomea representative elected to remain anonymous)
-------------
Re-Cap Feb 10, 2021 Lotto Win
One winning ticket - Advertised @ $6.25 Million
was sold in Baytown - Quick Pick - CVO
"ROLL" Sales (6 draws) were: $7,077,475
In Jackpot Prize Pool: $2,864,254
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Wednesday, 02/10/21: 1.2584%
Rate/Factor on Thursday, 02/11/21: 1.256916153%
Gross Winnings (Investment Cost): $4,972,487
Net Winnings (Minimum Tax 25%): $3,729,365
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Thursday, Feb 11, 2021. The TLC is short to
fund this win by <$2,108, 233>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take <$99,082,213> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: Exxon - Rush 3, 5495 FM 3180, Baytown
Winner: Chose to remain anonymous - Collected 3/17/21
------------------------
Re-Cap Jan 20, 2021 Lotto Win
One winning ticket - Advertised @ $5.5 Million
was sold in Comanche - Quick Pick - CVO
"ROLL" Sales (3 draws) were: $4,501,744
In Jackpot Prize Pool: $1,821,856
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Wednesday, 01/20/21: 1.2479%
Rate/Factor on Thursday, 01/21/21: 1.250606081
Gross Winnings (Investment Cost): $4,397,867
Net Winnings (Minimum Tax 25%): $3,298,400
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Thursday, Jan 21, 2021. The TLC is short to
fund this win by <$2,576,011>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take an est <$96,973,980> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: Allsups, 907 N Austin, Comanche
Winner: Anonymous - Collected March 4, 2021
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Re-Cap Jan 9, 2021 Lotto Win
One winning ticket - Advertised @ $7.75 Million
was sold in Humble - Quick Pick - CVO
"ROLL" Sales (12 draws) were: $14,210,470
In Jackpot Prize Pool: $5,751,086
Net Winnings (Minimum Tax 25%): $N/A
Rate/Factor on Friday, 01/08/21: 1.2478%
Rate/Factor on Monday, 01/11/21: 1.2504828
Gross Winnings (Investment Cost): $6,197,606
Net Winnings (Minimum Tax 25%): $4,648,204
As per the rule, the TLC will be paying the cost to fund
based on the factor on the first working day following the
win which will be Monday, Jan 11, 2021. The TLC is short to
fund this win by <$446,520>. The Lotto Texas reserve
fund has been depleted. Just since July 31, 2010, the TLC has had
to take <$94,397,969> from either their operating account
or the School Fund to pay Lotto Texas jackpot prizes.
Retailer: Fuel Zone, 6301 FM 1960, Humble TX
Winner: Chose to remain anonymous -
Collected 07/08/21 - the last day before the ticket expired
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Re-Cap of Wins ... Continued ...
Lotto Texas Winners 2008 - 2009, Click here
Lotto Texas Winners 2010 - 2011, Click here
Lotto Texas Winners 2012 - 2013, Click here
Lotto Texas Winners 2014 - 2015, Click here
Lotto Texas Winners 2016 - 2017, Click here
Lotto Texas Winners 2018 - 2019, Click here
Lotto Texas Winners 2020, 2021, 2022, 2023 Click here
-------------------------------
To see a complete breakdown of all rolls
and all wins since 2000, Click Here.
--------------------
Why Aren't Lotto Jackpots Increasing More?
Why No Winners?
See it for yourself - updated 06/1/10. Click here.
Schools
The schools do NOT see ADDITIONAL money as a result of lottery sales.
Whatever the lottery contributes to the School Foundation Fund just lessens the
amount the state has to take from the General Revenue Fund to place into the
school fund. Lottery money is not IN ADDITION to the budgeted amounts.
See San Antonio's WOAI TV newscast regarding lottery money
for
education, click here then click on "Watch this story."
Important Tidbits
The amount you see advertised, "$15 Million" represents the approximate
amount one would collect AFTER the money you actually won
was invested for 25 years. The "$15 Million" includes the interest
earned from your actual winnings which is 40.47% of roll sales.
It's just like being a commissioned sales person.
If you chose Cash Value Option, the amount shown above is the exact amount you have
coming ... less taxes.
I hope you marked CVO on your playslip.
If you chose Annual Pay, the amount shown above is how much the TLC should invest
for you minus your first payment. The Texas Lottery buys securities that are backed by
the US government called "zero's/strips." You are "suppose" to receive ALL of the
earnings from your investment. At the time you collect your prize in Austin, before
signing ANY papers, I strongly urge you to request copies of the actual investments made
on your behalf. Those papers will include your "CUSIP" numbers and then you will be
able to track the earnings through the U. S. Treasury. You should also obtain the rate
to verify the return. How to do this is shown on the same page with the zero's/strips
and CUSIP numbers - it's the last section on the page.
Advise to Players/Winners
1. Do NOT buy lottery tickets online. They are NOT legal. There are some sites that are
selling Texas tickets for $2 apiece. Dont fall prey to this for SEVERAL reasons ... #1 -
You dont know for sure that the site will really buy you a ticket - they could just pocket
your money; #2 - Lottery tickets sell for $1 apiece and its against the law to pay more
than that for a ticket - if you were to win - the TLC would not validate [pay] the ticket;
#3 - only licensed retailers can make a profit - of .05 cents - for selling lottery tickets;
#4 - It is against the law to use a credit card for purchasing lottery products.
2. Mark your playslip CVO (cash value option) - Do NOT choose Annual Pay.
Then there will be no doubt that you will receive all that you really won which is
in essence, 40.47% of total sales in the ROLL - Update - In Nov 2005, Texas
changed its rule. They now guarantee the greater of either the "investment cost" or
the amount in the prize pool.
Unlike most other states, Texas does not allow players to choose which way
they want to receive their winnings after they won - Texas makes players choose
annual pay or cash value option at the time the ticket is purchased. The TLC claims
it has something to do with the IRS. But a quick call to the IRS asking which option
players should take will result in the answer being CASH VALUE OPTION.
3. Should you actually win - dont do anything for 30 days - calm down first. In the meantime,
hire a lawyer and an accountant to help you understand investments and finance. Dont tell
anyone that youve won and buy excessive insurance. Put your signed winning ticket in a
bank box - borrow maybe $50,000 to just blow - get it out of your system.
Other Related Links
Lotto Texas Changed Again - Effective 4/23/06
Read details pertaining to the changes. Click here
Lotto Texas Official Game Rule, Effective 4/23/06
Click here (pdf)
For a better understanding about investments,
securities, zero's, strips ... and ... if you are a
previous winner, see how you can determine if
you are really receiving ALL of your winnings.
Click here.
Lotto draws that sold the most tickets, click here.
Lotto Texas "draw" sales includes jackpot
amounts since inception, click here.
Lotto Texas wins by the "roll" - (includes the
current roll) shows prize breakdown,
draw
and
roll sales, who won, plus much more click here.
Pick3 sales by the draw, click here.
Cash5 sales by draw/week, click here.
Texas 2 Step sales by the roll, click here
All or Nothing, click here
Texas Triple Chance, click here
Mega Million sales by draw, click here.
Powerball sales by the draw, click here.
Mega Million sales by STATE and draw, click here.
Compare Powerball and Mega Million sales, click here.
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