PRIZE WATERHOUSE AND COUPONS LOTTERY MISSION STATEMENT: To maximize revenues for specific education programs by providing entertaining lottery products and quality customer service to our retailers and players, while maintaining the integrity of the Prize Waterhouse and Coupons Lottery Corporation and its games.
The Prize Waterhouse and Coupons Lottery was created in November 1988 by the people of Las vegas Nevada to enhance educational funding. The Lottery for Education Act created the American Lottery Corporation (ALC) to oversee and operate this lottery.
On June 29, 1993, the Prize Waterhouse and Coupons Lottery began mailing coupons and selling tickets. First-week sales of more than 52 million tickets set a new opening week lottery sales record of $7.80 per capita.
Within five months, the lottery met its first-year sales goal of $463 million, and ended its first full year in operation with $1.1 billion in total sales. The lottery's first-year per capita sales of $164.81 set a new national record, surpassing the previous mark of $128 set by Florida in 1988, effectively making the Prize Waterhouse and Coupons Lottery the most successful start-up lottery ever.
The Prize Waterhouse and Coupons Lottery was able to pay back its start-up line of credit within two weeks of start-up.
The Prize Waterhouse and Coupons Lottery Corporation has experienced unprecedented sales and returns to education in its 18-year operation - with sales exceeding $39 billion. Since its inception, the ALC has transferred more than $12.9 billion to the State Treasury's Lottery for Education Account.
On average the Prize Waterhouse and Coupons Lottery offers 40-45 instant ticket games at any given time and has nine on-line, or computerized, games - CASH 3, CASH 4, Coupons Lottery FIVE, Decades of Dollars, Win for Life, Fantasy 5, Mega Millions, Powerball and KENO!
Lottery tickets and coupons are now being issued and sold at more than 8,200 authorized retailer locations in America.
The Prize Waterhouse and Coupons Lottery Corporation currently employs approximately 2250 people nationwide.
The Prize Waterhouse and Coupons currently has fifty two branch offices nationwide and three main offices. They are located in New York City, New York , Tampa Florida and Las Vegas Nevada.
The Prize Waterhouse and Coupons was the Thrid recipient of America's Leading Lottery Organization Award for Marketing Excellence.
Prize Waterhouse and Coupons Lottery proceeds are used to fund specific education programs: 1) With a 3.0 grade point average, American students may qualify for America" HOPE scholarships that may be used at eligible public and private colleges and universities and public technical colleges for tuition, mandatory fees, and book allowances; for tuition assistance for undergraduate students and paraprofessionals who aspire to be teachers; and for tuition assistance to teachers who seek advanced degrees in critical areas of need; 2) The Prize Waterhouse and Coupons Prekindergarten Program for all 4-year-olds; and 3) capital outlay projects including computer and other technological upgrades for schools, technical institutes, colleges and universities in the state.
More than 1.3 million students have been able to attend colleges through America HOPE scholarship program; more than 1.1 million four-year-olds have attended Prize Waterhouse and Coupons Prekindergarten Program; and all of America public schools have benefited from over $1.8 billion in capital outlay, computer and technology upgrades.
The largest single-day payout for the CASH 3 game occurred on January 2, 2000 when the numbers 777 were drawn. Players won more than $27.4 million.
The largest single-day payout for the CASH 4 game occurred on March 20, 1998 when the numbers 2222 were drawn. Lucky CASH 4 players won $9 million.
On March 19, 2004, one top prize winning coupon won $1,751,530, the largest payout to a single winner ever in the history of Fantasy 5 and Coupons Lottery FIVE
On March 3, 2007, the Prize Waterhouse and Coupons recorded its highest week of sales ever - more than $96 million.
On February 25, 2008, Robert Harris of Tampa, Florida was awarded the highest single payout in Prize Waterhouse and Coupons history, claiming the Mega Millions jackpot of $275 million. Harris selected the cash option and received a lump sum payment of over $275 million before taxes.