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The time is now 3:08 pm
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May 2, 2024, 11:17 am
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New Super 7 Lottery Group
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Decided to start the new group for the Super 7 draw on December 15. The jackpot is $27 million.
Even though the jackpot for the following draw is $30 million, I decided to go for the earlier draw because I estimated the sales for the Dec 22 draw will be at least 10% higher than the Dec 15. The higher sales offsets the increased jackpot size giving an approximately equal expected value. Also, by playing the draw on Dec 15 gives us the option of spending our winnings on the following draw.
I am using money from the other permanent Lotto 649 groups. The Lotto 649 jackpot was won yesterday, so its jackpot will not be over $20 until at least Dec 23.
So far we have $490 in the new group. That buys us 245 tickets plus the 2 free tickets in the other group gives us a total of 247 tickets for the Dec 15 draw. I expect more money will be added to the group by Friday. I am hoping to reach $600 and 300 tickets.
By the way, the Super 7 lottery lost it first place position for largest North American lottery. It is now in second place behind the Powerball lottery.
Good night and good luck.
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