income taxes. For both Lucky Money and Florida Lotto, the cash option, if desired, must be exercised within 60 days of the applicable drawing. Florida does not collect income tax; however, like all U.S. lottery prizes, they are taxable by the federal government. As of January 2013, the Florida Lottery had 13,200 retail stores selling products. Each retailer earns 5% of their ticket sales and 1% on cashed tickets. They also receive incentives for a top winning ticket sold in the big games. A $100,000 bonus is given to the store for a winning Powerball ticket. Publix is the largest retailer in the state, accounting for 18% of all lottery sales. Winners of Florida Lottery on-line games (Florida Lotto, Lucky Money, Fantasy 5, and Picks 2-3-4-5) must claim their prize within 180 days of the applicable drawing. Fifty percent of ticket sales go to prize payouts. Eighty percent of unclaimed jackpot money is transferred to the Educational Enhancement Trust Fund, while 20 percent of the jackpot is transferred to a prize pool for funding future prizes. Florida resident Richard Lustig won seven lotto prizes between 1993 and 2010, totaling over $1 million before taxes. He wrote a best-selling booklet promoting the techniques he believes led to his lotto success, though critics characterized Lustig as promoting a get-rich-quick scheme and questioned his net wealth levels by noting that he used much of his lotto winnings to buy additional lotto tickets. Florida Bright Futures In addition to simple donations to education, the Florida Lottery has, along with the Florida Legislature established the Bright Futures Scholarship Program to help students pay for college. Since the program's inception in 1997, the Florida Lottery has contributed more than $3.9 billion to send over 600,000 students to college. The Florida Bright Futures Scholarship Program consists of three levels of awards. The first is the Florida Gold Seal Vocational Scholars Award, followed by the Florida Medallion Scholars Award, and finally the Florida Academic Scholars Award. Once the student is in college, these awards must be renewed by maintaining a minimum 2.75 GPA for Florida Gold Seal Vocational and Florida Medallion Scholars awards and a 3.0 for the Florida Academic Scholars Award. Each award has additional hours requirements to maintain. Rollover, Rolldown, and "Quick Pick" Rollover: A rollover occurs when a jackpot is not won; it is carried over to that game's next drawing. Powerball, Lotto, Lucky Money,