The Vermont Lottery began fiscal operations as an enterprise fund in October 1977, following a 1976 referendum, and the enactment of Public Act No. 82 by the 1977 General Assembly. It is run by the Vermont Lottery Commission, which is headquartered in Berlin, Vermont. Along with Maine and New Hampshire, Vermont is a member of the Tri-State Lottery.
Chronology of game introductions:
Triple Play, drawn Tuesdays and Fridays, replaced Heads or Tails.
Paycheck replaced Triple Play.
Paycheck ends.
The Lottery funded about 2% of the 2007 expenditures for education, contributing $23 million of the $1.3 billion school spending. Prior to July 1, 1998, profits from the Lottery went to the government's general fund; since then profits go to the Education Fund.
Players must be 18 or older. Games include scratch tickets, Hot Lotto, Mega Millions, and Powerball. Drawings times (Eastern Time Zone):
†Tri-State games are always drawn in New Hampshire.
††Mega Millions usually is drawn in Atlanta.
†††Powerball usually is drawn in Florida; its home base was Iowa through 2008.
In October 2009, the Mega Millions consortium and MUSL reached an agreement to cross-sell Mega Millions and Powerball in American lotteries wishing to offer both games. The Vermont Lottery added Mega Millions on January 31, 2010, the cross-selling expansion day. Mega Millions is drawn Tuesdays and Fridays; its jackpot starts at $12 million. Players choose 5 of 56 "white ball" numbers, and a gold-colored "Mega Ball"; the latter is numbered 1 through 46.
Mega Millions will change its format on October 19, 2013; its minimum jackpot will be $15 million, with rollovers of at least $5 million. Players will choose 5 of 75 "white ball" numbers, and from 15 "Mega Balls".
In 2003, the Vermont Lottery added Powerball, which began in 1992. Jackpots begin at $40 million; the game is drawn Wednesdays and Saturdays.
The Vermont Lottery has yet to produce a jackpot-winning ticket for either Mega Millions or Powerball.