The Maryland Lottery will start drawing tickets on Saturday for the Maryland Lotteries March Madness Tournament.
It is the first time that the Maryland lottery will open its doors since 2012.
The lottery will be open to the public on Saturday.
There will be a ticket limit of $50 and you can only have one ticket per person per day.
Tickets will be available at the Lottery Box Office at the Maryland State House Lottery, 1 Washington Street, and at the lottery box office at the University of Maryland.
The Lottery is opening with a cash prize of $2,000.
The top-seeded teams will receive $5,000, while the top-rated teams will earn $1,000 each.
The winner of the Big Ten tournament will receive the $1 million prize.
The final four teams will each earn $500,000 apiece.
The first four teams to advance to the tournament, in order of their final place, will be the winners of the 2016 Big Ten Tournament.
The teams in the third, fourth, and fifth place will advance to play in the 2019 Big Ten Championship.
The tournament will be played at the Big Red Arena in Annapolis.
The Maryland Lotters are hosting a $1.5 million bonus to be awarded to the top three finishers from the March Madness tournament.
The Big Ten Basketball Tournament is set to be played March 15-16 at the New Orleans Arena.
The Big Ten Conference announced that the conference will provide the first $250,000 of the $2 million prize pool for the tournament.
The conference will also provide $1 of the prize pool to the winner of a March Madness Final Four match-up.
The winner of that match-ups will receive a total of $250 million.
The conference has also announced the Big East Basketball Tournament will be held March 22-23 in the Hartford Civic Center.
The league will provide a total prize pool of $5 million to the first-place finisher in the March 10-11 Big East Tournament.
The NCAA Tournament is scheduled to be held in Indianapolis on March 17-18.
The College Basketball Playoffs are scheduled to begin April 14-15 in the Colonial Athletic Association Tournament in Hartford.
The March Madness will feature three rounds of four games each.
Teams that advance to March Madness play two round-robin games against teams that advance, while teams that finish second and third lose their second and final games.
The four-team March Madness bracket is as follows:SEC Tournament: Georgia Tech, Georgia, LSU, Texas A&M, FloridaA&MSEC Tournament Semifinals: Auburn, Kentucky, Kentucky State, Ole Miss, MissouriSEC Tournament Championship: Florida, Alabama, Florida State, FloridaGatorsSEC Tournament Final: Tennessee, Texas, Texas State, Texas Tech, Texas LonghornsSEC Tournament National Championship: Louisville, Auburn, Georgia TechSEC Tournament Tournament: Miami, Texas Liberty, South Carolina, AuburnGameDay will be at the Virginia State Fairgrounds in Charlottesville, Virginia from 7 p.m. to 10 p.M.
ET on Saturday, Feb. 15.
Tickets for the Big House, an outdoor game-day experience for Maryland’s basketball and soccer teams, are available at a discounted rate starting at $30 per person and at a discount price for adults starting at just $10.
Tickets are available online at MarylandSportsTickets.com.
Follow the Maryland basketball team on Twitter at @BosNike and visit MarylandSports.com for more Maryland sports content.