"The Colorado Lotto - Twice every week from the Colorado Lottery"
The CO Lottery began in 1983 after a bill was approved by the General Assembly in 1982 to create a state-run lottery game.
The result of this approval was the formation of the Colorado State Lottery which is a division of the Colorado Department of Revenue.
The whole purpose behind the creation of this lottery was not only to offer the citizens of Colorado the chance to win some sizeable sums of money and give them the opportunity to dream and hopefully turn those dreams into reality but to really benefit the state and its people in many different ways by providing funding for many important and vital social aspects of life in Colorado.
The ColoradoLottery was actually formed on January 24th 1983 with its very first lottery draw taking place on Saturday April 23rd 1983. It is run by the government of Colorado.
Since its beginnings, the Colorado lotto has paid out more than US$ 3.4 BILLION in prizes to its winners.
Colorado is a part of the Multi-State Lottery Association (MUSL) and takes part in the huge Powerball lottery along with 31 other states across America.
There are a few different lottery games available in Colorado Lottery’s portfolio including the Powerball lottery that’s already been mentioned, Mega Millions, Cash 5, various scratch games and its primary state lottery which we are going to look at in more detail here – the Colorado Lotto…
Even though it started back in 1983, the Colorado did not introduce its main jackpot game, the Colorado Lotto until six years later in 1989.
The Colorado Lotto is a traditional style lottery jackpot game and uses a matrix of 6/42.
The jackpot figure for the Colorado Lotto starts out at a minimum of US$ 1 MILLION and each time the 6 winning numbers are not matched, the jackpot will rollover and increase with each draw until all the winning numbers are matched correctly.
The amount of this jackpot increase is dependent on the amount of lottery ticket sales in between each of the CO Lotto draws.
Drawings for the Colorado Lotto take place twice per week on Wednesdays and Saturdays at 7.35pm local time. The draw takes place in Pueblo, Colorado.
We are happy to recommend this lottery for inclusion in our “worth playing” list, so check out below how the Colorado Lotto works…
The Colorado Lottery – Colorado Lotto game uses what’s called a 6/42 matrix which means that when playing the Colorado Lotto, you need to select 6 numbers from a pool of numbers from 1 to 42 – if you match all 6 numbers drawn then you will be a jackpot winner.
There are other cash prizes to be won too, if you match either 5 of the 6 numbers drawn, 4 numbers or even just 3.
A “Quick Pick” facility is available when playing the Colorado Lotto similar to the “Lucky Dip” option that is used in the UK National Lottery or Europe’s EuroMillions or many other US lotteries – which means that you can save time by asking the lottery retailer or computer to select all your numbers for you.
So actually playing the CO Lotto is simple…just select your own 6 numbers or request them to be randomly generated for you.
The cost of each entry into the Colorado Lotto is the standard sum of US$ 1.00.
Unlike many USA lottery games that make their lotto draws the traditional way using numbered balls, the Colorado Lottery numbers are drawn using a Random Number Generator (RNG).
The Colorado Lotto numbers are picked by a computer that is not connected in any way to any network. Two test drawings are conducted prior to every Colorado Lotto draw with certified officials and independent witnesses present throughout the whole procedure to ensure that everything is 100% fair and correct.
As with most US State Lottery games – previously only citizens living in the State of Colorado were allowed to play in any of the Colorado Lottery games including the Colorado Lotto – you used to have to purchase your lottery tickets from an authorized retailer based in Colorado itself.
Now though – with the convenient presence of authorized and genuine online lottery ticket sales companies such as TheLotter – you are able to select your Colorado Lottery numbers online and purchase your Colorado Lotto tickets without having to be worried about where in the world you may live.
This is good news of course if you live outside of Colorado and the U.S.A. and want to play on the CO Lotto and ensure your entry into the next draw or just want to have the convenience and ease of being able to buy lottery tickets online.
Once you have entered into the Colorado Lotto after the draw has taken place – you can easily check the Colorado Lottery results online to see how you have fared and to find out if you have become one of the many Colorado Lottery winners.
You must be 18 years of age to be eligible to purchase a ticket for any of the ColoradoLottery games including the CO Lotto.
However – Colorado Lottery tickets CAN be purchased FOR people under the age of 18 as gifts.
Some great news here for all USA Lottery players in Colorado...
Having begun in 1983 the Colorado Lottery introduced its first jackpot style game – the Colorado Lotto – in 1989.
Colorado Lottery joined the Multi-State Lottery Association in August 2001 and began offering the Powerball lottery into its arena of games.
In October 2007 two families shared a $20 million win on the Powerball Colorado and became Colorado’s first Powerball jackpot winners.
January 31st 2010 saw the Colorado State Lottery begin to sell tickets for the USA Mega Millions multi state lottery.
The odds of winning on the Colorado Lotto are very competitive when compared to many of the US lotteries, especially the Multi-State offerings such as Mega Millions or Powerball.
The chances of winning a Colorado Lotto jackpot are 1 in 5,245,786 – for these odds you could be one of the Colorado Lotto jackpot winners.
For one of the prizes on the second level – your odds of wiining come in at 1 in 24,287.
The likelihood of winning a third tier prize comes in at 1 in 556 and for a fourth tier prize the odds come down to just 1 in 37.
The overall odds of you winning any prize on the Colorado Lotto are a very competitive 1 in just 35.
The biggest jackpot prize ever produced by the CO Lottery was a mouth-watering US$ 27 MILLION which was won by Kim Walker who was a player from Boulder, Colorado on March 25th 1992.
This jackpot win also made lucky Kim the 100th Lotto millionaire.
The 2nd biggest Colorado Lotto jackpot to have been won to date has been the US$ 16 MILLION won on September 11th 2002.
As a Colorado jackpot winner, you would have a choice in how you wish to receive your winnings. You could choose to have either a single cash lump sum payment or an annuity prize.
You will need to make the choice as to whether you wish to receive the cash lump sum option or the annuity installment payments option at the time you make your claim for your CO Lottery win.
If you choose to receive your jackpot as an annuity,– it would be paid to you in yearly installments over a 25 year period.
In terms of value – if you chose to take the cash lump sum payment as a Colorado Lotto jackpot winner – you would receive approximately 50% of the annuity value that you would be paid in installments.
The annuity option differs from many other USA lottery games in that the payments are not equal each year but are graduated. These incremental yearly payments increase by 3.7% each year until you have been paid the full amount.
For all Colorado Lottery prizes – you will need to claim your prize within 180 days of the draw taking place.
If your win is under US$ 599 you may be able to claim your prize from one of the many Colorado Lottery retailers across the state.
Should you buy lottery tickets with one of the authorized lottery ticket sales agents such as TheLotter however – you will not have to be concerned with any of the above, as they will take care of everything for you when you play lottery online.
Whatever you may be doing in Colorado – as you go about your daily business – you will see evidence of just how the Lottery benefits the state and its citizens.
The whole state benefits in some way with funds being provided for health and safety within schools, community recreation facilities, state parks and outdoor leisure areas and for the renovation and restoration of local facilities to name but a few.
So – every time you may visit a park, walk a trail or paddle a kayak in Colorado, say a big “thanks” to the people of Colorado and beyond who play in the Colorado Lottery and help to generate funds to create and maintain these important aspects of life in Colorado.
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Thursday 23rd January 2020
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