New York Lottery is a state-operated lottery of the United States that began in 1967 with the slogan, “Your Chance Of A Lifetime To Help Education”. The Lottery, as part of the New York Gaming Commission, provides revenue for public education. Before the 20th century, the revenue generated by the lotteries in New York was used for non-educational needs. It helped in the infrastructural and industrial development of New York. It was on November 8, 1966, the people of New York voted to approve a constitutional amendment authorizing a government-run lottery. The proceeds of this government-run lottery would specifically be applied to aid and support education in New York. Since its establishment, the lottery has generated over $34 billion for aiding educational revenue.
New York Lotto joined the club in 1978. The jackpot for the game started with $3 million but was decreased to $2 million in April 2013, acknowledging the growing craze for the game. The jackpot is eligible for both lump sum and annuity, the annuity for New York Lotto is paid in 26 yearly installments.
To affirm your win, dive in The Lottery Lab and confirm your lottery numbers with us. Lottery prizes up to $600 and including should be claimed at any licensed New York Lottery location. You can also claim the lottery winnings for this amount at any of the Lottery’s Customer Service Center, located across the state. For claiming lottery prizes $601 and above, you can visit any of the Lottery’s Customer Service Centers. Retailers are not eligible to pay any prizes above $600. They are just entitled to scan your lottery ticket and hand over a File Claim Receipt to exhibit that your ticket has been validated. New York Lottery also provides you with the option of claiming your lottery winnings through the mail and sending it to the Lottery attached with a filled claim form, original winning ticket, and government-issued ID proof. Ensure to make a copy of the winning ticket and the claim form before mailing it.
It is highly advised that you take your time, assemble a professional team of tax attorneys, finance managers, accountants, etc before claiming your winnings. Confirm if your state allows you to claim you winnings anonymously.
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