The Colorado Lottery launched its newest Jackpot game on Sept. 19. Called Millionaire Raffle, the game offers two top prizes of $1 million and only 280,000 tickets will be sold.
“The Colorado Lottery’s new Raffle game, Millionaire Raffle, will create two new millionaires and will offer the best odds ever for players to win $1 million,” said Lottery Director Abel Tapia. “We expect the game to generate a lot of excitement in the short time it is in the market.”
The price for a ticket will be $20, and each Millionaire Raffle ticket will contain a unique six-digit number. The raffle tickets are sold in sequential numbers and players will not be able to select their own numbers. The ticket will be available at all retailers where Powerball is sold. A customer simply needs to ask the clerk to print a Millionaire Raffle ticket. Once the 280,000 tickets are sold sales stop and the drawing date will be set. To determine winners, a drawing will be held selecting winning numbers for the different prize amounts.
The odds of winning $1 million are 1 in 140,000 better than any Lottery game in history. The overall odds of winning a prize are 1 in 550.1.
“Millionaire Raffle is played like a typical raffle-type draw game that many people have already experienced. It will have only 280,000 tickets available and over 500 prizes will be awarded ranging from $1,000 to $1 million,” said Tapia. “Once people buy their ticket, they will need to keep it in a safe place because tickets cannot be reissued. We also encourage players to sign the back of their ticket as soon as they purchase it to ensure it can’t be cashed by someone else in the event it is a winning ticket.”
In addition to the two $1 million prizes, three $100,000 prizes, four $10,000 prizes and 500 $1,000 prizes will be awarded. For more information about Millionaire Raffle, visit www.coloradolottery.com.
Proceeds from the Lottery’s games – MatchPlay, Powerball, Mega Millions, Cash 5, Scratch, Lotto and now Millionaire Raffle – stay in Colorado to improve the quality of life in the state. The Lottery has returned more than $2.2 billion to the state of Colorado since its founding in 1983. Through Great Outdoors Colorado, the Conservation Trust Fund and Colorado State Parks, the Lottery has provided funding for new trails, precious open space and wildlife protection.
