A Venice resident is celebrating a life-changing win after hitting the jackpot in one of Florida’s most lucrative scratch-off games. The Florida Lottery announced on Friday that 45-year-old Kyle Lindquist has claimed a $25 million top prize from the popular 500X The Cash game. The massive win marks one of the highest prizes awarded through Florida’s scratch-off games and has instantly transformed Lindquist’s financial future.
Winning Ticket Purchased at Circle K in Venice
Lindquist purchased the lucky ticket at a Circle K gas station located at 101 U.S. Highway 41 Bypass South in Venice. The convenience store, now marked as a winning location, will receive a $50,000 bonus commission from the Florida Lottery for selling the winning ticket. With odds of 1 in 4.23, the $50 ticket offered the chance at a life-altering payout—something Lindquist is now experiencing firsthand. He beat the odds spectacularly, turning a relatively small investment into a multimillion-dollar windfall.
Lump-Sum Payout of $16 Million Chosen
Rather than opting for annuity payments, Lindquist chose to receive his prize as a one-time, lump-sum payment of $16 million, before taxes. This is a common choice among large lottery winners, allowing immediate access to a significant portion of their winnings. The Florida Lottery offers several payout options depending on the size of the prize and the player’s preference, with many top-prize winners favoring the lump sum for flexibility and investment opportunities.
500X The Cash: One of Florida’s Top Scratch-Off Games
The 500X The Cash game is one of the Florida Lottery’s highest-paying scratch-offs, offering millions in prizes and drawing in players across the state. With a $50 ticket price, it’s among the most expensive games available, but the potential rewards make it a favorite among serious lottery enthusiasts. In addition to the top $25 million prize, the game includes multiple other substantial cash awards, often ranging from thousands to hundreds of thousands of dollars. The game is known for its eye-catching design, large prize pool, and the allure of instant financial freedom.
A Moment to Remember for One Florida Resident
While Lindquist’s plans have not been made public, his story adds to the growing list of everyday Floridians whose lives have changed overnight thanks to lottery luck. Stories like his are part of what keeps players coming back to Florida Lottery retailers, hoping to be the next name called. The win also provides a financial boost to the Circle K location, which will benefit from both the bonus commission and the increased foot traffic that typically follows big-ticket lottery wins. As for Lindquist, with $16 million now in hand, he has plenty of options—and more than enough reason to smile.
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