New Mexico Lottery
Encyclopedia
The New Mexico Lottery is run by the government of New Mexico
. It is a member of the Multi-State Lottery Association
(MUSL). Its games include Mega Millions
, Powerball
, Pick3, and Roadrunner Cash
. http://www.nmlottery.com/news-single.aspx?PID=95.
The New Mexico Lottery Authority is separate from the New Mexico government. A seven-person board of directors appointed by the Government of New Mexico operates the Lottery, which has oversight from the Legislative Finance Committee.
New Mexico requires lottery players to be at least 18.
(increasing by 4 percent yearly), or about $102.9 million cash value
.
also has an option called Sizzler (similar to Powerball's PowerPlay); it triples non-jackpot prizes.
consortium and MUSL reached an agreement in principle to cross-sell Mega Millions and Powerball
in U.S. lottery jurisdictions. On October 27, 2009, a special meeting was held by the Lottery Board of Directors; it voted in favor of adding Mega Millions. The Lottery began selling Mega Millions tickets on January 31, 2010.
New Mexico
New Mexico is a state located in the southwest and western regions of the United States. New Mexico is also usually considered one of the Mountain States. With a population density of 16 per square mile, New Mexico is the sixth-most sparsely inhabited U.S...
. It is a member of the Multi-State Lottery Association
Multi-State Lottery Association
The Multi-State Lottery Association is a non-profit, government-benefit association owned and operated by agreement of its 33 member lotteries MUSL was created to facilitate the operation of multi-jurisdictional lottery games, including Powerball, Mega Millions), video lottery, and instant ...
(MUSL). Its games include Mega Millions
Mega Millions
Mega Millions is a US multi-jurisdictional $1 lottery game. Since it replaced The Big Game in May 2002 , Mega Millions' advertised jackpots have started at $12 million, paid in 26 yearly installments , increasing when there is no jackpot winner...
, Powerball
Powerball
Powerball is an American lottery game sold in 44 jurisdictions as a shared jackpot game. It is coordinated by the Multi-State Lottery Association , a non-profit organization formed by an agreement with lotteries. Powerball is a game whose advertised jackpot starts at $20 million and can roll into...
, Pick3, and Roadrunner Cash
Fantasy 5
The following is a list of lottery games in the United States and Canada in which five regular numbers are drawn from a larger set of numbers. The list includes the name, the number field for each, and the frequency of drawings. All pick-5 games in the U.S...
. http://www.nmlottery.com/news-single.aspx?PID=95.
The New Mexico Lottery Authority is separate from the New Mexico government. A seven-person board of directors appointed by the Government of New Mexico operates the Lottery, which has oversight from the Legislative Finance Committee.
New Mexico requires lottery players to be at least 18.
Notable prizes
The largest prize to date won on a ticket bought in New Mexico was for the Powerball drawing on September 27, 2008. The ticket was worth $206.9 million, payable in 30 annual paymentsAnnuity (finance theory)
The term annuity is used in finance theory to refer to any terminating stream of fixed payments over a specified period of time. This usage is most commonly seen in discussions of finance, usually in connection with the valuation of the stream of payments, taking into account time value of money...
(increasing by 4 percent yearly), or about $102.9 million cash value
Present value
Present value, also known as present discounted value, is the value on a given date of a future payment or series of future payments, discounted to reflect the time value of money and other factors such as investment risk...
.
Roadrunner Cash
Roadrunner Cash also is played Mondays through Saturdays. It draws 5 numbers from 1 to 37. The jackpot starts at $25,000, increasing if there is 5-of-5 winner.Hot Lotto (multi-lottery game)
Hot Lotto, is played in 15 lotteries including New Mexico's; it is drawn Wednesdays and Saturdays. It draws five white mumbers from 1 through 39, and one orange "Hot Ball" from 1 through 19. The jackpot begins at $1 million, increasing by at least $50,000 if there is no top prize winner. Hot LottoHot Lotto
Hot Lotto is administered by the U.S.' Multi-State Lottery Association , which also operates the Powerball game. Hot Lotto is available in some of the 33 MUSL jurisdictions; Maine is the latest to join, in October 2009. The first drawing was on April 10, 2002 as part of MUSL celebrating the 10th...
also has an option called Sizzler (similar to Powerball's PowerPlay); it triples non-jackpot prizes.
Powerball (multi-lottery game)
Since 1996, New Mexico has been a member of MUSL. Powerball's jackpots begin at $20 million; it is drawn Wednesday and Saturday nights.Mega Millions (multi-lottery game)
On October 13, 2009 the Mega MillionsMega Millions
Mega Millions is a US multi-jurisdictional $1 lottery game. Since it replaced The Big Game in May 2002 , Mega Millions' advertised jackpots have started at $12 million, paid in 26 yearly installments , increasing when there is no jackpot winner...
consortium and MUSL reached an agreement in principle to cross-sell Mega Millions and Powerball
Powerball
Powerball is an American lottery game sold in 44 jurisdictions as a shared jackpot game. It is coordinated by the Multi-State Lottery Association , a non-profit organization formed by an agreement with lotteries. Powerball is a game whose advertised jackpot starts at $20 million and can roll into...
in U.S. lottery jurisdictions. On October 27, 2009, a special meeting was held by the Lottery Board of Directors; it voted in favor of adding Mega Millions. The Lottery began selling Mega Millions tickets on January 31, 2010.