Where you\\\'ll find florida lotto information such as:
Unlike the Lottery\\\'s other on-line games, which are pari-mutuel in design (that is, players are vying for a portion of what is in the prize pool), Cash 3 and Play 4 offer set prize payouts. Therefore, the Lottery has established a $10 million liability limit for Cash 3 for any particular three-digit number for each drawing. Should any three digit combination (for example 777) be purchased often enough in a single drawing that would result in the liability limit being exceeded, the Lottery will \\\"cut off\\\" further sales of that specific number combination. In addition, no Front Pair or Back Pair that involves the first two or last two digits, respectively, of the three-digit number will be allowed for that drawing. Players that have already played those numbers will still win the full amount of the set prize even if the liability limit has been met. For more details on this issue, please refer to the Cash 3 game rule, section 6-h.
Players who match all three of the winning numbers drawn in the official drawing for the date played can win up to $500, depending on the type of play purchased and the amount played. Front Pair or Back Pair players who match two numbers in exact order can win up to $50.
Federal Withholding Taxes
If a Florida Lottery prizewinner is a citizen or resident alien of the U.S. with a Social Security number, the Internal Revenue Service requires the Florida Lottery to withhold 25 percent federal withholding tax from prizes greater than $5,000. If the prizewinner is a U.S. citizen or resident alien who does not have a Social Security number, The Florida Lottery is required to withhold 28 percent backup federal withholding tax from any prize more than $600. For nonresident aliens, the Florida Lottery is required to withhold 30 percent federal withholding tax from all prize amounts. The Internal Revenue Service requires the Florida Lottery to report all winnings $600 and above for U.S. citizens and resident aliens.
