TN players beware...Previous TopicNext Topic

A new $20 scratch off is coming...  Millionaire Club or whatever...  Just log on to the website and I'm sure you'll see more than enough about it.  I've not been impressed with TN's $20 scratch offs thus far.  Now, I do like the top prize (likely annuity); however, TN's odds for $20 scratch offs have been HORRIBLE.  Some $5 tickets have been odds of winning that the $20.  (i.e Sapphire Blue 7's $5 has overall odds of 1:3.07 whereas winter "loser" land had 1:3.25)  Again, remember, millions of tickets are printed...  Not good. 

Well, I must say I am a bit surprised.  The Millionaire Club instant ticket has odds of 1:2.98.  The best odds for any instant game right now...  A lot better than the other $20 ticket.  I have to say, I might have been wrong to judge this game before being released.  Good luck if you plan on playing!!!  The top prize is impressive; however, expect annuity if you hit the Jackpot...

Already a 1000 and 10,000 winner at the lottery HQ in Knoxville this afternoon!!!!!  2/3 on the new 20 ticket.

Ummm....you do realize that the 'odds' you quote have nothing to do with how valuable a ticket is, right?

A ticket might win more often than another, but have a worse overall return.

Think about this: If there was a million ticket run of a scratch off ticket, and the top prize was $1 million dollars, but that was the only prize, would that be fair?

Oh you bet it would!  That would mean that your total expected return is 100%!  (if you bought all the tickets, you would at least make back your money).

But the odds on that would be 1:1,000,000.

So you can't go based on the odds.  You have to figure out the rate of return for a ticket.

A ticket with 1:4.05 odds might actually be a better ticket than one with 1:3.35 odds or even 1:2.98 odds.

Those just show you how often you'll win a prize, not how valuable a prize will be.

Wow, I better send money to my Sister and ask her to buy me some.

I am not a fan of scratchers but who knows???

Buying some tomorrow my store didn't get them when I stopped today, your right who knows????   Can't win unless you try!!!!!

I look at Instant Tickets based on odds BECAUSE the better chance you have at winning SOMETHING is a lot better than nothing.  Researching prize payouts...  Typically, the states with the worst odds and lowest top prizes have the LOWEST payout for that ticket. (Reason why I have been complaining about TN's past $20 tickets)  Also, most people think...  Overall odds aren't that different.  (i.e 1:2.98 vs 1:3.5 is roughly a half a ticket right?  WRONG!!!  Since it is overall odds it considers all (MILLIONS) of tickets printed for that game.  One-half a ticket really translates into thousands.) 

yeeeeeah .......i don't have too much trust in the Tennessee Lottery right now. I think I will just wait for about a week before buying any of those tkts.

Alot of people feel the sameway you do about Tn lottery, I'm a big pick 3 player and right now I have no faith in the way the game is being played, alot of stuff that makes you think it's just not right.

WELL I BOUGHT 6 OF THE NEW SCRATCH OFF AT 120.00 AND HIT 20.00   SO THE H%%LL WITH THEM...THATS TENNESSEE FOR YA....I PROMISED MY FRIEND I WOULDNT BUY ANOTHER ONE AND I DONT BRAKE PROMISES.....GOOD LUCK TO YOU ALL THAT BUYS THEM,,,CHERYL

cher,

 its copper2...... so u tried playing TNS new moneymaker. thats bad that you spent 120 and won 20.....the evil  purple and yellow empire continues.wish u had hit something big! if someone buys a 20.00 ticket there should be something...even a free ticket . come on RPAULLUTION Stop ripping the players off !   Please leave for Arkansas....now C2

  Did anyone notice that Lotto-Plus was won again last night?

Impressive the evil purple and yellow actually had to have someone hit the jack ...they cant afford to let the jp get too high....so they dropped it......C2

I'm sorry...  I'm not really understanding your logic here...  Please explain.   

They couldn't let the jackpot get high?  So they dropped it?

What game(s) are you playing?  Last time I checked the Lottery was agame of chance. There are winners and losers.  Not every ticket canwin.  If all were winners there wouldn't be a game.