Georgia FIVE Review
Most state lotteries are quick and easy to play, but a few can compare to Georgia FIVE. The simplicity has been taken to the next level and the odds of winning a prize are spectacular. While the highest prize isn’t a massive one, Georgia FIVE does have a lot to offer.
A Brief Georgia FIVE Overview
Georgia FIVE is one of the newest daily games in the portfolio of the Georgia Lottery. It takes place 2 times per day – there’s a 12:29 pm midday drawing and a 6:59 pm evening drawing.
The game is different from the Pick 3 and Pick 4 formats that are available in multiple states. Players do not choose a straight box, but rather, they have to match all of the numbers for the respective drawing in the exact order.
A single Georgia FIVE lotto ticket costs 1 dollar, making the game readily accessible.
How to Play Georgia FIVE?
To play Georgia FIVE, you’ll first have to choose the daily drawing that you want to participate in – the midday or the evening one.
On your ticket, mark 5 numbers from 0 to 9. There are 5 vertical columns on the ticket and you have to pick a number from each. As mentioned previously, getting the numbers and the correct order will both be required to win a prize.
To win the top prize, players have to match all 5 numbers for the respective drawing in the correct order. In order to win a prize, players should match at least the first or the last number for the respective drawing.
Prizes and Odds
The top prize in Georgia FIVE is a fixed amount of 10,000 dollars. To win this sum, players need to match all 5 numbers in the correct order. The odds of this happening are 1 in 100,000, which is a pretty attractive statistic in comparison to what other state lotteries have to offer.
|5 Numbers||1 in 100,000|
|First (or last) 4 Numbers||1 in 5,556|
|First 3 Numbers + Last Number||1 in 11,111|
|First Number + Last 3 Numbers||1 in 11,111|
|First (or Last) 3 Numbers||1 in 617|
|First 2 Numbers + Last 2 Numbers||1 in 11,111|
|First 2 Numbers + Last Number||1 in 1,235|
|First Number + Last 2 Numbers||1 in 1,235|
|First (or Last) 2 Numbers||1 in 62|
|First Numbers + Last Number||1 in 123|
|First (or Last) Number||1 in 6|
The second prize is handed to players that match the first or the last 4 numbers in the correct order. The prize is 225 dollars and it comes with odds of 1 in 5,556. Matching the first 3 and the last number will produce a prize of 21 dollars and the odds are 1 in 11,111.
The lowest prize tier is reserved for the players who manage to match solely the first or the last number for the respective drawing. These players will get a prize of 1 dollar and the odds of this happening are 1 in 6.
Georgia FIVE comes with overall odds of winning a prize of 1 in 5.26. This means that players have very high chances of winning some money, even if the sum is a relatively small one.
Some Information for Winners
Players have 180 days from the date of the drawing to make a prize claim, regardless of the size of the sum that they’ve won.
A prize that’s up to 600 dollars can be claimed at any authorized Georgia Lottery retailer. A sum that’s larger should be claimed at the Georgia Lottery headquarters. It’s also possible to make a prize claim by mail. A winner claim form will be required for sums that exceed 600 dollars. The procedure and the mailing address are both available on the official Georgia Lottery website.
Keep in mind that in Georgia, lottery prizes are the subject of both federal and state taxes. The Georgia income tax is set at 6 percent and the federal tax is 25 percent for US residents (30 percent for winners from another country). Both of the taxes will be deducted prior to the winner receiving the sum.
Taxes are withheld from lottery prizes that exceed 5,000 dollars. Keep in mind that by law, the lottery has to report prizes of 600 dollars or more to the IRS and the Georgia Department of Revenue.
Can You Buy Georgia FIVE Tickets Online?
Georgia Lottery has made online ticket-buying options available, but such purchases can take place solely on the territory of the state. It’s impossible to buy Georgia FIVE tickets from the website of an online lottery agent.
Georgia FIVE is a relatively small daily game that has a bit of a fun factor. It’s simple, it has good odds and it’s worth a try if you live or currently reside in Georgia:
Why You Should Register with Georgia Five
There are 2 drawings per day, every day of the week
A single ticket costs 1 dollar
The odds of winning the jackpot are favorable
The overall odds of winning a prize are excellent
There’s a guaranteed jackpot of 10,000 dollars
On top of the jackpot, Georgia FIVE features 10 additional prize tiers
This is a legitimate game that’s organized by a state entity and some of the funds go to support education initiatives in Georgia
While all of this is great, you’ll also need to keep the Georgia FIVE shortcomings in mind:
Why You Shouldn’t Register with Georgia Five
To win, you have to guess both the correct numbers and the correct drawing order
The maximum jackpot is a relatively small one in comparison to other lotteries
There’s no jackpot rolling over
The lower prize tiers aren’t particularly impressive
Is Georgia FIVE Legit?
While Georgia FIVE is the newest addition to the portfolio of Georgia Lottery, it’s far from a scam. Rather, it’s a legitimate money-making opportunity that’s quickly become the favorite of people from across the state.
The daily game is organized by Georgia Lottery – an entity set up by the government of Georgia in 1992. Ever since its inception, the organization has been responsible for holding lottery drawings, distributing prizes, and allocating some of the funds (one-third of the funds generated through ticket sales) to educational initiatives.
Georgia is a highly conservative state and for the longest period of time, lotteries were illegal there. Constitutional amendments took place in 1992, allowing the setup of the state’s first weekly jackpot game Lotto Georgia.
Today, Georgia Lottery has a number of additional games in its portfolio. These include Cash 3, Cash 4, Fantasy 5, Keno, Mega Millions, and Powerball. Playing any of the Georgia Lottery games is free of risk. You can test your luck without worrying about money losses.
If you’re looking for a massive lottery that will change your life, Georgia FIVE is not the right opportunity for you. People who want an inexpensive lottery that can be played every single day, however, will probably enjoy this one. Deciding whether you want to play is all about your individual preferences and money-winning desires.