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On Tuesday, the Michigan Lottery made an announcement regarding the release of their most lucrative game to date – the $300,000,000 Diamond Riches instant game.
Introducing the inaugural $50 instant game ticket by the Michigan Lotto, featuring prizes ranging from $50 to an incredible $6 million. This remarkable jackpot stands as the highest ever offered on an instant game within the state of Michigan.
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Playing Michigan Lottery $300 Million Diamond Riches instant game
You can find tickets for the Diamond Riches instant game at over 10,000 lottery retailers across the state. Each ticket offers players 50 opportunities to win.
You have the option to receive the $6 million prize either in 30 annual payments of $200,000 or as a lump sum of around $4.1 million.
In addition, the game offers a total of 100 prizes worth $50,000 each. Michigan Lottery participants achieved winnings exceeding $1.8 billion from instant games during 2021, and numerous significant prizes have already been claimed in 2022.
Losing tickets can also be entered into a second-chance drawing, where players have a chance to win up to $100,000. By scanning their non-winning ticket on the Michigan Lottery mobile app before November 13, 2022, participants can enter the drawing.
There will be a total of ten second-chance drawings, with each drawing offering prizes to lucky winners. In each drawing, one fortunate participant will be awarded a grand prize of $100,000. Additionally, there will be five winners who will receive $10,000 each, twenty winners who will receive $1,000 each, and sixty winners who will receive $500 each.
Not only does Diamond Riches offer the highest instant game payouts, but it also provides retailers with the largest commissions ever recorded, exceeding $30.7 million.
Diamond Riches game celebrating 50 years of Michigan Lottery
The game’s release is a component of the lottery that commemorates 50 years of support to the Michigan School Aid Fund.
The School Aid Fund has received over $26 billion from the Michigan Lottery since 1972. The fiscal year 2021 witnessed a remarkable record-breaking contribution of $1.419 billion, marking the seventh consecutive year of setting new records in the state’s history.
In 2015, the contributions made a record-breaking start with $795.5 million. Fast forward to 2021, the amount of $1.419 billion is nearly twice as much as that initial record.
Over the past six years, the School Aid Fund has received contributions from the lottery.
- In the year 2020, the total amount reached $1.179 billion.
- In the year 2019, the value amounted to $1.070 billion.
- In 2018, the total amount reached $941.2 million.
- The amount of $924.1 million in the year 2017.
- In 2016, the amount of $888.9 million was recorded.
- In the year 2015, the total amount reached $795.5 million.
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