Players have one year to claim prizes, with all unclaimed prizes being returned to the prize pool for the next Take 5 draw or used to boost the jackpots of other New York state lotteries. Non-US players are subject to the full 30% federal tax, but should also check local laws to find out if further tax is applicable at home. Residents of New York City are also required to pay an additional 4% municipal tax, with all taxes being paid at source. Prizes over $5,000 are subject to 9% state tax and 24% federal tax. Prize categoryĪll Take 5 winnings are paid out as lump sums. The overall odds of winning a prize are 1 in 9. Cash prizes are awarded at the first three tiers, with two matched numbers winning a free Quick Pick entry into the next draw. Players can win prizes at four different tiers. While these are excellent odds for a lottery game, the jackpot is relatively low. The odds of winning the Take 5 jackpot are 1 in 575,757. There is no jackpot or rollover cap for Take 5 however, if no players match all five numbers, the jackpot rolls down to the next tier for winners to potentially take home significant sums of money. This jackpot is typically between $60,000 and $70,000. Take 5 does not have a guaranteed minimum jackpot due to it being determined by the volume of ticket sales. In Advance Play, participants can enter a whole week's worth of draws Jackpot To enter, choose five numbers between 1 and 39, or go for a Quick Pick for randomly generated numbers. Take 5 holds daily draws that take place at 22:30 Eastern Time and are broadcast on live television. Take 5 is a popular state lottery game operated by New York Lottery.
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