THE RULES
THE STORY IS FICTION. THESE AREN'T.
Every day turns on a real lottery rule. Here they are in plain English, with sources. Florida rules, not legal advice.
How long do you have to take the cash?
In Florida, a jackpot winner who wants one lump-sum payment has to claim within 60 days of the draw. After that you get yearly payments instead.
Source: Florida Lottery, Winning FAQ
Can lottery winners stay anonymous in Florida?
For 90 days. Florida keeps the name of a winner of $250,000 or more secret for 90 days after they claim. After that, it's public record.
Source: Florida Statutes s. 24.1051 (2022)
How much tax comes out of a lottery win?
The lottery holds back 24% for federal tax on any prize over $5,000. More can be due at tax time. Florida has no state income tax.
Source: Florida Lottery, Winning FAQ · IRS Form W-2G
Where do you claim a big prize?
Prizes of $250,000 or more have to be claimed in person, or by mail, at Florida Lottery headquarters in Tallahassee.
Source: Florida Lottery, Winning FAQ
Is an unsigned ticket really like cash?
Yes. A lottery ticket belongs to whoever holds it until it's signed. That's why the first thing to do is sign the back.
Source: Florida Lottery, Winning FAQ