New rules lift jackpot cap to $70 million
By Todd Northrop
In the first days of the new year, records are already being broken in Lotto Max, one of Canada's nationwide lottery games.
Tuesday's Lotto Max jackpot is a record-breaking $70 million, the biggest jackpot offered in Canadian history.
The record-breaking amount comes after changes to the lottery in May allowed for the lottery winnings to surpass $60 million.
Since the changes, jackpots of $65 million have been offered on three occasions: in June, in October, and on December 31. The first Lotto Max jackpot of the new year — which was drawn on Friday — was the first to reach the game's new $70 million cap.
The $70 million isn't the only prize on the table. Tuesday's drawing will also include an estimated 25 Maxmillion prizes — additional draws for prizes of $1 million each.
Friday's drawing included 26 Maxmillion prizes of $1 million each, and eight of them were won. They will be split amongst 13 winning ticket holders — eight in Ontario, two in the Prairies and one each in Quebec, Atlantic Canada and British Columbia.
Whenever the Lotto Max jackpot is finally won, it will return to its starting point of $10 million.
Tuesday’s Lotto Max jackpot has inflated to est. $70 million + 25 MAXMILLIONS! Tell us how you’d celebrate if you won! #DreamToTheMax pic.twitter.com/K4MI1NyugS
— Lotto Max (@lottomax) January 6, 2020
I wish our Northern friends good fortune hunting. These jackpots must warm their hearts during Winter!
From: https://www.lotterypost.com/lottomax
Game Type: 7/50
Drawing Days: Tue, Fri
Drawing Time: 10:30 PM Eastern Time (GMT-5:00)
Draw Method: Computer Random Number Generator
Participating Provinces: Atlantic Canada • British Columbia • Ontario • Québec • Western Canada
Notes: Lotto Max changed from traditional ball drawings to computerized drawings and added one more number to the game matrix (changing it from 7/49 to 7/50) starting with the drawing on May 14, 2019. That was also the first Tuesday drawing for the game.
Good Luck
CA$70 Million=US$53.97 Million
It was amusing when I went bought for my uncle, I noticed many buyers that aren't regular buyers they all were helped by the cashier at 7/11 on what to buy.
l would gladly cross the border, by air, boat, car or train to pick up $53mil. If you wouldn't, raise your hand!
Seems like they ruined a good thing under your Notes sentence. RNG implemented after getting rid of the preferred method, IMHO, of ball drawings.
Made the drive this evening. Feelin 🍀 LUCKY 7️⃣
Little disappointed to learn about the computerized draw, but who knows... maybe this 🤖 bot will show me some love ❤️.
$1000 to all members who post comments prior to tomorrow's record breaking jackpot 🎰 drawing should I actually win.
Big jackpots always get everyone excited. If I lived closer to the boarder I'd be doing a lotto run 🤑
CA$70 Million=US$53.97 Million
After all applicable Canadian income taxes are applied a prize of CA$70 Million=US$53.97 million.
After all applicable US income taxes are applied a prize of US$70 Million=US$44.1 million.
If I was Canadian I'd much rather win the CA$70 Million prize.