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On Tuesday, the Michigan Lottery revealed their latest instant game, Diamond Riches, boasting a staggering $300,000,000 prize, making it their most lucrative game to date.
The Michigan Lotto introduces its inaugural $50 instant game ticket, featuring a prize pool spanning from $50 to an unprecedented $6 million. This remarkable $6 million reward stands as the highest ever presented on an instant game in Michigan.
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Playing Michigan Lottery $300 Million Diamond Riches instant game
Players can purchase tickets for the Diamond Riches instant game at over 10,000 lottery retailers throughout the state. Each ticket offers players 50 opportunities to win.
You have the option to receive the $6 million prize either through 30 annual payments of $200,000 or as a lump sum payment of around $4.1 million.
In addition, the game boasts an impressive selection of 100 prizes worth $50,000 each. Michigan Lottery participants have triumphed with over $1.8 billion in winnings from instant games during 2021. Furthermore, numerous substantial prizes have already been claimed in 2022.
Players have the opportunity to enter a second-chance drawing even if their tickets did not win. This drawing, which could award up to $100,000, allows participants to scan their non-winning ticket on the Michigan Lottery mobile app until November 13, 2022.
There will be a total of ten second-chance drawings, with each drawing offering prizes as follows: one lucky winner will receive $100,000, five fortunate winners will be awarded $10,000, twenty winners will receive $1,000, and sixty winners will be granted $500.
In addition to offering the biggest payouts for an instant game, Diamond Riches also provides retailers with the largest commissions ever, totaling over $30.7 million.
Diamond Riches game celebrating 50 years of Michigan Lottery
The game’s release marks the inclusion in the lottery festivities, commemorating five decades of support for the Michigan School Aid Fund.
The Michigan Lottery has been contributing to the School Aid Fund since 1972, with a total contribution exceeding $26 billion. In fiscal year 2021, the state witnessed a record-breaking contribution of $1.419 billion, marking the seventh consecutive year of setting a new contribution record.
In 2015, the contributions set a new record with $795.5 million. Fast forward to 2021, the remarkable figure of $1.419 billion is almost twice the amount achieved in the initial record-breaking year.
The School Aid Fund received lottery contributions for the past six years.
- 2020: $1.179 billion
- 2019: $1.070 billion
- 2018: $941.2 million
- 2017: $924.1 million
- 2016: $888.9 million
- 2015: $795.5 million
