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Super 7 Bonus Jackpots

Published:

Last Edited: December 20, 2006, 6:24 pm

In Canada, we are in the middle of a series of three bonus jackpots for Super 7. The jackpots are $25 million, $27 million and $30 million. The first two bonus jackpot draws have already been held. The third and last bonus jackpot draw is Friday, December 22.

The bonus jackpots are funded from the unclaimed prize pool. In Canada, the lottery rules state that all designated prize money MUST be awarded as prizes and cannot be kept by the lottery company even if left unclaimed.

In the first two draws, the vast majority of the jackpot prize was unfunded by sales. In the $25 million draw on December 8, sales supported a jackpot value of only $5.6 million. The remaining $19.4 million was funded from the unclaimed prize pool.

In the $27 million draw on December 15, sales supported a jackpot value of only $6.4 million. The remaining $20.6 million was funded from the unclaimed prize pool.

I predict that the upcoming $30 million bonus jackpot will be funded by sales to the sum of approximately $8 million. If the jackpt is not won, then the following jackpot value will be $32 million. The jackpot will continue to grow using the established jackpot growth pattern until either the jackpot is won, or it will be totally funded by sales. The jackpot pattern is $32 million, $35 million, $37 million, $40 million, etc.

Happy holidays,

LottoGroups - the best way to win.

Entry #28

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