1246 Lotto 47
Lotto 47 - Prizes and Odds - What is the Lotto 47?
Game Type: Draw Game with Instant Win Option
Starting Jackpot: $1 Million
Availability: Michigan Only
Purchasing Options: Online and In-Store
Ticket Cost: $1.00
Drawing Schedule: Wednesday & Saturday at 7:29 p.m.
- In-store and online ticket sales for the current draw are available until 7:08 p.m. on the night of the drawing.
- In-store ticket sales resume for the next draw at 7:10 p.m. daily.
- Online ticket sales for the next draw start after 7:08 p.m. daily.
Anyone who matches all six numbers wins the jackpot. Players matching three, four and five numbers also win as indicated in the chart. If no one wins the jackpot, it will continue to increase until it is won. If the jackpot is won, the jackpot starts at $1 million at the next drawing.
Cash Option or Annuity Payments
Lotto 47 jackpot winners can choose to accept their prize as a cash option or an annual payout over the next 30 years. When the winner chooses the cash option, he or she will receive his or her share of the jackpot prize pool in one lump-sum payment - which is approximately half of the estimated advertised jackpot.
Jackpot winners have 60 days from the date they claim a jackpot prize to request the cash option method of payment.
If two or more persons match all six winning numbers, the jackpot is shared equally among winning persons.
Did You Win?
Check the drawing results to see if you’re a winner. Winners should sign the back of their ticket immediately.
Check How to Claim Prizes for more information about claiming your prize.