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What games are available In Virginia? A: As of September 1993, the Virginia Lottery offers Pick 3, Pick 4, Lotto, Lotto By Mail (subscriptions), Cash 5, and a variety of instant games.
Q: Can I play the lottery If I don’t Nve In Virginia? A: Yes. Anyone may purchase tickets at licensed retailers. But because postal regulations prohibit mailing lottery tickets across state lines, out-of-state residents cannot play Lotto By Mail unless they have a mailing address in Virginia.
Q: What happens to a Lotto Jackpot winner’s remaining prize If the winner dies before collecting all 20 annual payments? A: The Virginia Lottery will pay any remaining payments to the winner’s beneficiaries, using the same annual schedule. The lottery does NOT keep the money; the state does NOT take it. The Internal Revenue Service, however, has ruled that estate taxes on the entire amount remaining are due immediately, not just on an annual basis. (If you inherit 10 annual payments of $100,000 each, the IRS has ruled that you must pay an estate tax on the current value of that $1 million immediately.) Income tax is also due as payments are received. The lottery recommends that all jackpot winners consult a tax expert for advice.
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