A horse racing jackpot of more than $4 million likely will be divvied up this Saturday at Gulfstream Park in Hallandale Beach, Florida.
That’s the day marked for a mandatory payout of the Rainbow 6. The Rainbow 6 is paid out when there is one single unique ticket sold with six winners of the designated races. In other words, if you pick the favorites, and so does everyone else, no one gets the Rainbow 6 jackpot.
The jackpot had been building since January 13 and surpassed $4 million on Sunday. Since the racing season is coming to an end, and Gulfstream has been collecting all that money, the track’s gotta pay it out. So if no one hits it this Wednesday, Thursday or Friday, Gulfstream awards a share of it on Saturday to anyone who just hits the six winners.
The payout on January 13 was “only” $76,799.38. The Rainbow 6 produced a record payoff of $6.6 million for a Palm Beach bettor on May 25, 2014. The previous record of $3,591,245.44 was solved by a New Jersey bettor on February 22, 2013.
Gulfstream Park is at 901 S. Federal Highway, Hallandale Beach. Go to GulfstreamPark.com or call 954-454-7000.