Some people think $20 is too much for lottery ticket

Dec 4, 2006, 10:41 am (31 comments)

New Jersey Lottery

Raffle-style lottery games are the hot ticket this holiday season 

The New Jersey Lottery is giving four players a chance to celebrate New Year's Eve with a million dollar prize, although it is coming with a larger than usual price tag.

Recently, the lottery introduced a new game "Million Dollar New Year" that offers players the best-ever odds at winning a million dollars, along with several other smaller prizes.

But it comes with a small catch — the tickets cost $20 each.

The game has been met with some optimism among local lottery players, although there are concerns over the cost to play.

"It sounds like fun, but $20 is a lot for the lottery," New Brunswick resident Wanda Davis said at the Hess Express on Route 18 in East Brunswick last week.

Davis spends $5 a day playing the lottery but hasn't decided if the new game will be added to her routine.

"I like to spread my money out, but, who knows, I might save up and play this one," Davis said.

Tickets went on sale Nov. 20, but some local retailers will begin selling them this week.

"This type of game has been played in other states with wonderful results," said Dominick DeMarco, public relations officer for the New Jersey Lottery.

"While the tickets are more expensive, the chances of winning and having a very happy New Year have never been better," DeMarco said.

The lottery will sell 500,000 of these tickets between now and the New Year.

Each ticket has a six-digit bar code that is randomly selected.

The lottery will hold a drawing New Year's Eve when the $1 million-prize winner will be selected.

There will be 500 other prizes ranging from $500 to $100,000.

DeMarco said the new game offers good odds.

"For instance in our Pick-6 game the chances of winning the main prize are one in 13.9 million," DeMarco said, "but in this game the chances of winning a million dollars are one in 125,000."

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SassyOhio's avatarSassyOhio

Its a wonderful oppertunity...  $20.00 is a kick for a oppertunity I think that it would be more easier to play more at $10.00 of course but hey somebodys gonna win... do you got your $20.00??

 

Good luck to you all on your chances! Cheers

bambini

There is nothing like losing $20. in  5 seconds.   Forget about it!!

Raven62's avatarRaven62

Quote: Originally posted by bambini on Dec 4, 2006

There is nothing like losing $20. in  5 seconds.   Forget about it!!

I Agree! That's about how long it takes for the Ticket to Print. LOL!

pumpi76

I think 20 is too much for a lottery ticket...how much are they giving away 500 million dollars?

SassyOhio's avatarSassyOhio

Quote: Originally posted by pumpi76 on Dec 4, 2006

I think 20 is too much for a lottery ticket...how much are they giving away 500 million dollars?

yeah I believe so that is what they all are doing for each state....  I played the one in Ohio and got 2 tickets NEVER again any how  I would have rather played it for the MM or Instants LOL

pumpi76

20 dollars for a lottery ticket is too much..How much are they giving away? 500 million? There is a scratchoff here in Ga that cost 10 dollars and they are giving 200 million (or 200 million in prizes not sure)...

 

 

"Laura Simpson from Great Lakes, Illinois deserves to be rich.."         "She is so rare..."

SassyOhio's avatarSassyOhio

Quote: Originally posted by pumpi76 on Dec 4, 2006

20 dollars for a lottery ticket is too much..How much are they giving away? 500 million? There is a scratchoff here in Ga that cost 10 dollars and they are giving 200 million (or 200 million in prizes not sure)...

 

 

"Laura Simpson from Great Lakes, Illinois deserves to be rich.."         "She is so rare..."

Yeah we got one that is 20.00 that has like 3 top prizes of 5 mill a piece and then there are 10.00 ones that are 2 mill and one mill top winners that is what I would like to shoot for lol

KY Floyd's avatarKY Floyd

Quote: Originally posted by bambini on Dec 4, 2006

There is nothing like losing $20. in  5 seconds.   Forget about it!!

How is that different than losing $35 in a week or $500 in a year? If $20 for a 1 in 125,000 chance of winning a bad deal what about $1 for a 1 in 175 million chance? If you balance risk and reward its no different than buying $20 worth of MM tickets for jackpots of $50 million.

JackpotWanna's avatarJackpotWanna


If you win, you will not complain.

 

Party

bobby623's avatarbobby623

Hey you'll

Come to Texas and spend $30 for a chance to win a $3 million prize.

Only 2 $3 million prizes included in several million scratch tickets, including a few $10,000 prizes.

A Christmas gift (rip off) from your friendly lottery commission.

SassyOhio's avatarSassyOhio

Quote: Originally posted by bobby623 on Dec 4, 2006

Hey you'll

Come to Texas and spend $30 for a chance to win a $3 million prize.

Only 2 $3 million prizes included in several million scratch tickets, including a few $10,000 prizes.

A Christmas gift (rip off) from your friendly lottery commission.

Yeah that would just TICK me off lmao Ours is at least 5 Mill and I think there is a 6 5 Mill winners I think and then alot more of the mill and so on  yeah would be MAD Angry at those chances there  .. Ya want me to send ya some Windfalls that we got? Lol

CASH Only

I spent $30 on a Connecticut scratch last year (and won $100.) A $20 ticket is worth it if there are no annuity-only prizes, and the payout % is decent. NY's $10 and $20 scratches are annuity-only.

konane's avatarkonane

Quote: Originally posted by bambini on Dec 4, 2006

There is nothing like losing $20. in  5 seconds.   Forget about it!!

I Agree!

maringoman's avatarmaringoman

yeah, most states just con their lottery players when it comes to scratch tickets. I think massachussetts has the best prizes in their $10 dollar scratch tickets because all of them give you a shot of becoming a millionare. Nowonder massachusetts people rarely win the mega millions, could be because they don't play as much because local games are sufficient. go to the website and confirm.

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