FOR IMMEDIATE RELEASE
MONDAY, DECEMBER 19, 2016
CONTACT: FLORIDA LOTTERY COMMUNICATIONS
CHRISTMAS COMES EARLY FOR PANAMA CITY BEACH MAN WITH $1,000,000 CASHWORD TOP PRIZE
TALLAHASSEE - The Florida Lottery announces that Michailas Fedcovas, 54, of Panama City Beach, claimed a top prize in the $1,000,000 CASHWORD Scratch-Off game at Florida Lottery Headquarters in Tallahassee. He chose to receive his winnings as a one-time, lump-sum payment of $760,000.00.
Fedcovas purchased his winning ticket from Express Lane, located at 14666 Front Beach Road in Panama City Beach. The retailer will receive a $2,000 bonus commission for selling the winning Scratch-Off ticket.
The $10 Scratch-Off game, $1,000,000 CASHWORD, launched in May and features eight top prizes of $1 million and more than 2.9 million winning tickets. The overall odds of winning are one-in-3.39.
Scratch-Off games are an important part of the Lottery's portfolio of games, comprising approximately 65 percent of ticket sales and generating more than $734 million for the Educational Enhancement Trust Fund (EETF) in fiscal year 2015-16.
ABOUT THE FLORIDA LOTTERY
The Florida Lottery is responsible for contributing more than $30 billion to education and sending more than 750,000 students to college through the Bright Futures Scholarship Program. The Florida Lottery reinvests 98 percent of its revenue back into Florida's economy through prize payouts, commissions to more than 13,000 Florida retailers and transfers to education. Since 1988, Florida Lottery games have paid more than $52.4 billion in prizes and made more than 1,900 people millionaires. For more information, please visit www.flalottery.com.
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