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Ontario Lottery launches a new type of instant ticket
The overall odds of winning any instant prize in the game are 1 in 3.19 , while the odds of winning one of the $100,000 top prize are 1 in 20,000. It's all about the odds. Florida Lottery's $20 Triple Match scratch-off offers 1 in 2.85 of winning any prize (a little better than the Ontario game,) but odds of 1 in 888,166 of winning $100,000 , much worse than the Ontario game. At the $30 level (since Florida has no $25 scratchers) odds of winning any prize is 1 in 2.93 (also better than
Jan 17, 2024, 3:56 pm - Sum Buddy - Lottery News

Mega Millions and Powerball offer $1.11 billion in combined lottery jackpots
I liked it better when we had better odds of winning a smaller jackpot.
Mar 5, 2024, 12:00 am - rickdogg - Lottery News

Connecticut Lottery launches its first $50 scratch-off ticket
Not necessarily. It depends on the odds of winning the prize. Having very good odds (relatively speaking) of a $50 ticket winning a $4 million prize can be a very good lottery buy. Massachusetts: $50 ticket has a $25 million top prize, odds of 1 in 10,080,000 Connecticut: $50 ticket has a $4 million top prize, odds of 1 in 1,333,333 Now, you tell me which one is the better buy. There is no right answer, but I'm interested in hearing reasoned opinions.
Dec 14, 2023, 11:38 am - Todd - Lottery News

$865 MILLION: Powerball jackpot reaching historic levels
I've been playing for 20 years! I'm happy if I just matched the 5 Mega ball with Mega Plier and go off into the sunset. For the life of me I don't understand why people will still play after winning $10 million or $100 million jackpots from the lottery. I know several people who won millions of dollars but they continue to play. Don't they know they beat tremendous odds. Hey but their stories of people who got struck by lightning twice in the same spot. I seen some crazy odds of like 1 in a tril
Mar 26, 2024, 9:35 am - Wildbill78 - Lottery News

Father buys winning $1 million lottery ticket while wife waits in hospital with newborn
The expected value from just the $1 million dollar drawing is $40. If we had the odds for the instant prizes, we could compute the overall expected value. Depending on the instant prize odds, that could be a very high payout percentage Lotto. If so, good on the Ontario Lottery. A high payout percentage, which is good for the players, is rarely seen in the US.
Feb 2, 2024, 3:19 am - Wavepack - Lottery News

Virginia man who won $1,000 a week lottery prize in Cash4Life says it's just "good"
I am confusing this game with Lucky for Life. He won Cash 4 Life. Fixed payout game both of them. Avoid. The Virginia game he won the odds were 7.2 to 1 million whereas the Cash For Life game the odds for the same hit are 1.8 million to 1 but only half the prize. Makes the Virginia one lame.
Dec 21, 2023, 6:48 pm - billybucks - Lottery News

Winner of $95 million Lotto Texas lottery jackpot gamed the odds to win
New Jersey based group turned the odds to win in their favor By Kate Northrop Around this time one year ago, the Texas Lottery's Lotto Texas jackpot was bursting at the seams, boasting the game's third-largest prize ever at a mouthwatering $95 million. One New Jersey-based group gamed the odds to win the jackpot. Following a seven-month period without a winner, the Lotto Texas jackpot had ballooned to $95 million for the drawing on April 22, 2023, the game's largest in over 12 years.
Apr 28, 2024, 12:38 pm - Todd - Lottery News

Virginia Lottery retailers refuse to sell tickets to draw attention to skill games amendment
So gambling with the lottery is OK, but gambling with a skill game is not? Many times I have seen people scratch games at the counter, buy more, scratch more, buy more, etc. I don't see any distinction between that and pressing buttons on a screen repeatedly. Seeing a distinction between those two things is where I think it turns from a logical debate into a debate on personal choices and of opinion. That's where I draw the line. I don't like arbitrarily preventing people from making choices in
Apr 18, 2024, 10:35 am - Todd - Lottery News

California Lottery announces group as winners of historic $1.765 billion Powerball jackpot
Remember, the CEO of raising canes spent $250K on mega millions tickets and won zilch 2 years ago, pool or not the odds remain the same: horrible
Mar 18, 2024, 9:24 am - flygowrl - Lottery News

Connecticut Lottery launches its first $50 scratch-off ticket
New game features best overall odds at winning any prize By Kate Northrop The Connecticut Lottery announced the launch of its first $50 scratch-off ticket ever, with the best overall odds of winning any prize in its game repertoire. Lottery players in Connecticut can now try their luck with the Connecticut Lottery's new $50 scratch-off game, the most expensive ticket offered in the state. Previously, ticket prices for instant games in Connecticut ranged from $1 to $30, but that h
Dec 14, 2023, 7:46 am - Todd - Lottery News

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