Texas - Cash Five
Cash Five
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Cash Five
Cash Five is one of several popular state lottery games operated by Texas Lottery.
Cash Five draws are held six days a week on Mondays to Saturdays at 22:12 local time, withdraws being broadcast on television and online. Tickets can be purchased up to 22:02 on draw days, with sales resuming afterwards at 22:15.
Tickets cost $1.00.
To enter, choose five numbers between 1 and 35, or go for a Quick Pick for randomly generated numbers.
Advance play is available for up to 12 draws at a time.
Players in Texas can also play Cash Five as part of a Lone Star Lineup entry, with $5.00 paying for six Quick Pick entries into every state lottery game.
Cash Five does not have any supplementary games or additional opportunities to win prizes beyond the main draw.
Players who enter online via Lottery Agent websites can access additional features such as System Entry.
Jackpot
Cash Five has a fixed guaranteed jackpot of $25,000, with no rollover or roll down if the jackpot is not won.
Up to three ticket holders can win $25,000 per draw, but if there are more than three winners, the $75,000 jackpot is split equally.
Odds and Prizes
The odds of winning the Cash Five jackpot are 1 in 324,632.
These are excellent odds for a lottery jackpot, but the potential prize is among the lowest in the world.
Prizes are guaranteed at all four tiers, with the prize for matching two numbers being a free Quick Pick entry into the next draw.
Prize category | Numbers Matched | Winning Odds | Winning Odds % |
---|---|---|---|
1 | 5 | 1 in 324,632 | 0.0003 |
2 | 4 | 1 in 2,164 | 0.04 |
3 | 3 | 1 in 75 | 1.3 |
4 | 2 | 1 in 8 | 12.5 |
Payout and Taxes
Players have up to 180 days to claim prizes, which are paid out as lump sums only.
Lottery prizes up to the value of $5,000 are tax free in Texas, with prizes over this amount being subject to 25% for Texas residents, and 30% for everyone else.
Players who enter Cash Five from outside the state should check local tax laws to find out if winnings need to be declared at home.
Who Can Play Cash Five?
Players must be at least 18 years of age to play lottery games in Texas.
Cash Five tickets are not available via the official website or app; instead, players must buy tickets in person at authorized lottery retailers across the state.
Players from abroad can enter via selected Lottery Agent websites.
History of Cash Five
The first Cash Five draw took place on July 29, 2002. The game was relaunched in its current format on September 23, 2018, to give players a better chance of winning and to offer guaranteed prizes at each tier.