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Michigan Lottery to offer less-pricey raffle
Michigan Lottery: Michigan Lottery to offer less-pricey raffle
Paying heed to tough economic times, new Lucky 7 offers players $10 chances at winning up to $700K
Responding to tough economic times, the Michigan Lottery is launching its latest raffle game — and you won't see a $50 ticket price, or a $2 million top prize.
Tickets for the raffle, Lucky 7s, go on sale Monday for $10 each. The top prize is $700,000, the first time in the two-year history of the raffles that it will fall below the $1 million mark.
"We have a lot of players who really like the style and odds in the raffle games, but who wanted to know if we could offer a ticket that didn't cost as much," said Lottery spokeswoman Andi Brancato. "Everyone has limited discretionary income right now and we have to be cognizant of where we are economically."
When the state held its first $50-a-ticket Super Raffle in June 2007, the tickets sold out in 2 1/2 days. In the last Super Raffle drawing on Nov. 5, the Lottery fell 34,404 tickets short of selling the 250,000 tickets it planned to, despite being on sale for nearly three months. It was the only time a raffle game had not sold out.
Mike Sawa, owner of Oak Liquor & Wine in Oak Park, one of the state's top Lottery retailers, said he's glad to see the scaled-back ticket price.
"I think it's a good idea," he said. "We have a hard time selling them at $50, but a $10 ticket should do real well, especially in these times."
Lucky 7s will have a record 1 million tickets available for sale. Cash prizes will top $5 million.
In the drawing, tentatively scheduled for May 4, there will be 19,820 cash prizes including two top prizes of $700,000; 18 prizes of $70,000 each; 1,800 tickets worth $1,700; and 18,000 winning tickets will be good for $70 each. The seven-digit tickets will be issued in numerical order as sales occur, from 0000001 to 1000000.
The Lottery's sales and contributions to the state School Aid Fund dipped slightly last year, after four straight years of records for both. Last year's sales of $2.34 billion were down $12 million, or about 0.5 percent from 2007. Contributions to K-12 schools last year were $740.7 million, down $8 million, or 1.1 percent, from the year before. Still, 2008 was the second best performance in the Lottery's 36-year history.
In their 2008 annual financial report, Lottery officials noted the challenging times: "In addition to both steady job losses and high unemployment, the continued downturn in the housing market causes additional concern. These issues and uncertainties in the economy will impact spending patterns and could impact Lottery sales."
Detroit News
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9 comments. Last comment 8 months ago by .
Charlotte NC United States Member #17704 June 18, 2005 3468 Posts Offline |
| Posted: February 25, 2009, 5:48 pm - IP Logged |
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I wish NC do another raffle. 
TakeemtotheBank
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United States United States Member #68752 December 16, 2008 123 Posts Offline |
| Posted: February 25, 2009, 8:30 pm - IP Logged |
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I wish NC do another raffle. I also hope Texas could do another raffle....I have never bought one.
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United States
Member #59008
February 18, 2008
710 Posts
Offline
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| Posted: February 25, 2009, 9:53 pm - IP Logged |
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I hope Iowa has another raffle this year,too.
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Austin United States Member #9550 December 6, 2004 75 Posts Offline |
| Posted: February 26, 2009, 1:01 am - IP Logged |
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I also hope Texas could do another raffle....I have never bought one. When was the first one held? I don't remember.
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United States United States Member #68752 December 16, 2008 123 Posts Offline |
| Posted: February 26, 2009, 2:57 am - IP Logged |
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When was the first one held? I don't remember. Oh maybe never cause I have never played any....
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Margaritaville United States Member #58035 January 9, 2008 203 Posts Offline |
| Posted: February 26, 2009, 1:36 pm - IP Logged |
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I'll probably buy one, or two, or three. LOL.
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Messy Michigan United States Member #64935 August 28, 2008 108 Posts Offline |
| Posted: March 2, 2009, 7:09 pm - IP Logged |
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Off to the UP I will go. Remember we are the decisions that we make, please take the time to educate.
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MI United States Member #55299 August 31, 2007 812 Posts Offline |
| Posted: March 2, 2009, 11:11 pm - IP Logged |
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I heard the advertisement on the radio earlier today and they kept going on with the "Seven" gimmick and with the announcer saying it so many times he then came to the price of a ticket I was waiting for him to say "seven dollars" but then he said ten which left me with a similar expression as to the one on the right. 
Maybe it's just me but if you're going to promote a game with the whole Lucky Sevens concept, it'd make at least some sense for the tickets to be seven dollars. *shrugs* With odds like 1 in 175,711,536 how can I lose?!
You can't predict random.
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United States Member #33986 February 22, 2006 1863 Posts Offline |
| Posted: March 14, 2009, 5:49 pm - IP Logged |
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Paying heed to tough economic times, new Lucky 7 offers players $10 chances at winning up to $700K
Responding to tough economic times, the Michigan Lottery is launching its latest raffle game — and you won't see a $50 ticket price, or a $2 million top prize.
Tickets for the raffle, Lucky 7s, go on sale Monday for $10 each. The top prize is $700,000, the first time in the two-year history of the raffles that it will fall below the $1 million mark.
"We have a lot of players who really like the style and odds in the raffle games, but who wanted to know if we could offer a ticket that didn't cost as much," said Lottery spokeswoman Andi Brancato. "Everyone has limited discretionary income right now and we have to be cognizant of where we are economically."
When the state held its first $50-a-ticket Super Raffle in June 2007, the tickets sold out in 2 1/2 days. In the last Super Raffle drawing on Nov. 5, the Lottery fell 34,404 tickets short of selling the 250,000 tickets it planned to, despite being on sale for nearly three months. It was the only time a raffle game had not sold out.
Mike Sawa, owner of Oak Liquor & Wine in Oak Park, one of the state's top Lottery retailers, said he's glad to see the scaled-back ticket price.
"I think it's a good idea," he said. "We have a hard time selling them at $50, but a $10 ticket should do real well, especially in these times."
Lucky 7s will have a record 1 million tickets available for sale. Cash prizes will top $5 million.
In the drawing, tentatively scheduled for May 4, there will be 19,820 cash prizes including two top prizes of $700,000; 18 prizes of $70,000 each; 1,800 tickets worth $1,700; and 18,000 winning tickets will be good for $70 each. The seven-digit tickets will be issued in numerical order as sales occur, from 0000001 to 1000000.
The Lottery's sales and contributions to the state School Aid Fund dipped slightly last year, after four straight years of records for both. Last year's sales of $2.34 billion were down $12 million, or about 0.5 percent from 2007. Contributions to K-12 schools last year were $740.7 million, down $8 million, or 1.1 percent, from the year before. Still, 2008 was the second best performance in the Lottery's 36-year history.
In their 2008 annual financial report, Lottery officials noted the challenging times: "In addition to both steady job losses and high unemployment, the continued downturn in the housing market causes additional concern. These issues and uncertainties in the economy will impact spending patterns and could impact Lottery sales." wtg with the economy turned upside down , a buck times 10 is reasonable .. Good idea, the question how long will this be ? finaly msl is listening to the lottrey community.
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