Posted September 28, 2018 07:13:16The Massachusetts lottery will begin accepting lottery tickets on Monday, with the first $5,000 worth going to the winning ticket buyer.
It is the first time the state will have a jackpot of that size, but that hasn’t stopped state officials from warning of the risks.
The first ticket bought at the $5 mark will be worth $2,000, while the next ticket will be $5.25 million, and so on.
The lottery’s chief executive officer, Dan Reisinger, said Monday he believes the lottery will eventually get to $10 million, but he wouldn’t give a specific figure.
He said he thinks the money will help bring in more revenue, because the winning tickets will be more valuable than the $1 million prize.
“This is a great opportunity for us to give people something to think about when they come in and they say, ‘Is this going to be enough to get me into the top 20?”’ said Reisinge.”
If we don’t get to 10 million tickets, we are going to have a very, very, big problem.
So this is a really big opportunity.
“It’s going to help us out financially.
We will have more people participating in the lottery, and we will be able to do it in a much better way than the current system.”
The lottery will also accept cash.
The state lottery will not accept any credit cards or cash.
The state lottery has already received more than $1.4 billion in revenue from the $4.4 million jackpots it has received since its inception in 2008.
That includes nearly $2.4bn from the sales of lottery tickets in the previous two weeks, which were part of the state’s lottery expansion.
The first jackpot will be awarded to a winning ticket holder.
If the ticket holder wins $2 million, the winning jackpot is worth $1,000 and the winner will receive a check worth $5 at the time of the draw.
The next jackpot, which will be held on Oct. 6, will be distributed equally between all those who win the lottery jackpot.
Reisingen said the winners of the first two jackpots will each receive a $5 ticket to the lottery.
The jackpot was announced Monday at a news conference in the governor’s mansion.
The lottery’s board of directors said it would be open until Nov. 12.