Wisconsin Lottery to hold raffle draw May 1

Mar 22, 2007, 2:12 pm (2 comments)

Wisconsin Lottery

Raffle-mania speads to Wisconsin as tickets are selling at a rapid pace

The Wisconsin Lottery is rolling the dice on a new lottery game called Million Dollar Draw, but with so many states profitting handsomely from the popular style of game, it is hardly a risk at all.

It's a big-ticket game with what state lotteries call "the best chance to win a million dollars" because the odds of winning the jackpot are much better than traditional lotto games like Mega Millions or Powerball.

The lotteries increase your chances of winning by limiting the number of tickets sold.  Using to the principles of supply and demand, the limited supply helps create a buying frenzy, in which most states sell out their inventory of tickets.

One person will win $1 million.  Only 500,000 tickets will be sold, so the odds of winning the $1 million are one in 500,000.

Each Wisconsin Million Dollar Draw ticket will cost $10.

As is customary with raffle-style games, there will be several lower prizes as well.  Ten people will win $100,000, and five hundred people will win $1,000.

The Million Dollar Draw will be held on May 1.  Results will be posted at Lottery Post within hours of the drawing.

Tickets must be purchased before 9:00 PM on April 28, 2007, but they may sell-out before that date.  More than 115,000 tickets have already been sold.

Tickets are sold in numerical order starting with 000001.  When a ticket is purchased, the computer assigns the next available number to that ticket.

The Wisconsin Lottery encourages players to sign the back of the ticket once they receive it.

Odds of winning

Lottery Post Staff

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Comments

OldSchoolPa's avatarOldSchoolPa

Wisconsin just copied what Illinois did with their raffle...which sux.  I liked Florida and California's raffles in that multiple $1M prizes where up for grabs.  I don't get to hung up on the slight increase in odds...hell, I religiously play MM and PB so obviously I am not hung up on dismal chances of winning.  It's just that it is so common for only one person (or family) to win the mega jackpot and state lotto games, so at least when states offer a raffle game, they actually have the opportunity to increase the excitement for more people to actually win a top tier prize while at the same time still raking in a Grand Canyon amount of money to boot...I think there are too many widget heads running the Illinois and Wisconsin lotteries to be truthful (actually Indiana is a bit worse).  I say that because of the proliferation of all the low prizes offered on many of their scratch games.  Suffice it to say, I will not be buying a ticket for Wisconsin's raffle game...I'd rather let my money ride on a QP for the next Powerball drawing!

OldSchoolPa's avatarOldSchoolPa

There is not too much excitement with this raffle.  When I checked this morning, they still have over 200,000 tickets left to be sold with only a week to go.  Me thinks they will be pushing the draw date back...way back!  That's why I would rather buy a PB/MB ticket...at least I know there will be two drawings every week giving me a chance to win.

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