I've said it before, and I'll say it again:

$50 is WAAAAY too expensive for a lottery ticket.

I might spend $50 A WEEK, TOTAL for tickets, but all my eggs in one basket all at once is just too unappealing for me.

At these tickets' highest point, they were selling at a rate of over 8,000 PER HOUR!

With the way Michigan's economy is, this state's insatiable desire to get rich quick, and what is happening to this state, I wouldn't doubt a few people missed a payment on a bill to buy one of these. However, as history has shown, that apparently brings you good luck, as a lady from Detroit won $96M on MM by missing her gas bill payment to buy tickets.

Good luck to all who got their hands on one!

I agree,in my opinion it is too much for a top prize of 2 mil.I remember the woman from Detroit,the first thing she said she was going to do with her money was pay her gas bill. lol

I like the odds better ..25 people will win 100,000.00  Many are playing and hoping they hit the 2nd place prizes instead of the 1st or 3rd.  I would buy it..

I do not agree with the sentiment that $50 is too much.  In fact, the most popular lottery in the world is more expensive -- El Gordo.

$50 tickets are great for these infrequently-held drawings (i.e., special events).

In Spain (where El Gordo is held), the expensive tickets are actually broken into 10 parts called Decimas, so that people are able to buy 1-tenth of a ticket (and get 1-tenth of the prize if they win).  So people can opt to either go all-in or part-in.  What a great concept!

The expensive tickets are also a nice way to form a pool, with everyone rooting for their number to come in.

I would not be surprised if the tickets become MORE expensive, and the lotteries start offering partial tickets, just like El Gordo.  Why mess with success?

I'm afraid TN will not be doing a raffle again anytime soon given the fact they can't even sell their $10 raffle tickets.

Wisconsin cant sell their 10 dollar ticket but Michigan sells 50 dollar tickets in three days. It is all about promotion.  I went out of my way to get three of them and I like the fact my odds are 3333 to 1 to hit for 100k. It is only paper!

This was truly a hot ticket. I got one on the first day, about four hours after they went on sale. I was shocked that they had sold over 60,000 in under 5 hours.  50 bucks seemed like  a lot, but when i looked at the odds of winning, I realized that you won't find better in any lottery game. I got my wife to chip in 25 bucks, and in what I am sure was repeated countless times across the state, we took the plunge. 

You should have heard the groans from those people who waited too late and regretted it.

Nothing can change the shape of things to come!

IMHO I think there should be a law that on all Michigan tickets that are $30 dollars or more that they should have to advertise how many are going to lose.

Such as - Odds are 1 in 55 and 245473 out of 250000 tickets will *LOSE* $50 each.

I don't know how they can sell the fifty dollar tix but they think they cant offer a double jackpot for a dollar extra on the regular jackpot games. I'd pay the optional buck to go for the second jackpot.

If you check out the federal reserve inflatiorator, 1 buck when the Mich lottery started is about equal to 5 of todays dollars

Funny thing about this raffle - they did not spend one cent on advertising on TV OR Radio - it was word of mouth and internet advertising that got the word out, on top of all the Club Keno retailer monitors advetrtising it.

I realize that some people will spend anything on a chance to make themselves wealthy - I just see it as I, personally, would not spend that much money for such a small top prize. If the prize was larger, say $5M, I might go for it, but $20 seems enough for me.