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Kentucky Lottery raffle tickets now on sale

Kentucky LotteryKentucky Lottery: Kentucky Lottery raffle tickets now on sale

Sales of Kentucky Lottery Corp.'s new game called "Million Dollar Draw," for which only 500,000 tickers will be sold at $10 each, went on sale yesterday.

Once all of the tickets, which each contain a unique six-digit number, have been sold, the Kentucky Lottery will publicly announce the date and time of the drawing, according to lottery officials.

Players may not choose their own numbers.

A random number generator will select 734 winning numbers.  Computerized drawings have been the subject of intense criticism from lottery players worldwide, but mainly when they are used to draw traditional lotto-style games as part of a regular drawing schedule.  Using computerized drawings for special one-time games does not draw the same level of scrutiny from players, due to lower risk of systematic hacking.

The first two numbers drawn will win the top prize of $1 million; the next two numbers drawn will win $50,000; the next 30 numbers drawn will win $10,000; and the next 700 numbers drawn will win $500.

Odds of winning a $1 million prize are 1 in 250,000.  Odds for the other prizes are 1 in 250,000 for a $50,000 prize; 1 in 16,667 for a $10,000 prize; and 1 in 714 for a $500 prize.

The full list of drawing results will be posted on Lottery Post's Kentucky Lottery Results page soon after the drawing takes place.

Lottery Post Staff

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16 comments. Last comment 10 years ago by cableman753.
Page 1 of 2
johnph77's avatar - avatar
CA
United States
Member #2987
December 10, 2003
832 Posts
Offline
Posted: January 2, 2007, 3:57 pm - IP Logged

Quick calculations - $5M in, $2.75M out, payout percentage 55% - better than other jurisdiction's usual 50%.

Blessed Saint Leibowitz, keep 'em dreamin' down there..... 

Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.

 =^.^=


    United States
    Member #379
    June 5, 2002
    11296 Posts
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    Posted: January 2, 2007, 3:59 pm - IP Logged

    Quick calculations - $5M in, $2.75M out, payout percentage 55% - better than other jurisdiction's usual 50%.

    That's if the KY raffle million-dollar prizes are cash. Michigan's raffle had annuity prizes.

      Avatar
      California
      United States
      Member #46824
      October 1, 2006
      270 Posts
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      Posted: January 2, 2007, 4:29 pm - IP Logged

      That's if the KY raffle million-dollar prizes are cash. Michigan's raffle had annuity prizes.

      Cash Only...in checking out the KY lottery web site there is NO mention of an annuity for the top prizes.

        liberal47's avatar - Rowlf
        Holt MI
        United States
        Member #2244
        September 4, 2003
        69 Posts
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        Posted: January 2, 2007, 7:22 pm - IP Logged

        Well I won't kick an annuity of of bed if I win tomorrow night. I'd just sell her on the street corner, and pay the AMT instead of waiting 20 years to collect.

        No Pity!


          United States
          Member #48627
          January 3, 2007
          15 Posts
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          Posted: January 3, 2007, 8:45 pm - IP Logged

          KY lottery said in an e-mail that the top prize is paid out in one payment!

            SassyOhio's avatar - Picture012
            Columbus Ohio
            United States
            Member #35946
            March 25, 2006
            234 Posts
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            Posted: January 4, 2007, 4:29 pm - IP Logged

            Hmmmmm Going to get some PB this weekend I think that I might have to get me just one !!!!Confused

            Hopin To Be The Lucky Ones!!

            COME ON MEGA! MEGA-ME-RICH!

             

            Please feel free to visit my sisters memorial page that I have now completed

            www.freewebs.com/wendyinmyheartforever

              ayenowitall's avatar - rod serling4.jpg

              United States
              Member #4416
              April 22, 2004
              1075 Posts
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              Posted: January 5, 2007, 9:13 pm - IP Logged

              That's if the KY raffle million-dollar prizes are cash. Michigan's raffle had annuity prizes.

              KLC spokesperson Chip Polston said today in an interview on WHAS Radio 84 that the $1,000,000 prizes are cash prizes.

                cableman753's avatar - 8ball
                Milan Tn. 4 now
                United States
                Member #48261
                December 18, 2006
                22 Posts
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                Posted: January 7, 2007, 5:12 pm - IP Logged

                went and got 9 more tickets today

                cashier said about 90 thousand tickets left 


                  United States
                  Member #48627
                  January 3, 2007
                  15 Posts
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                  Posted: January 8, 2007, 12:04 pm - IP Logged

                  That Cashier was wrong.  As of this morning, 145,742 have been sold, a far cry from the statement that only 90K tickets are left.  They will only sell 500K of them.


                    United States
                    Member #48753
                    January 8, 2007
                    10 Posts
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                    Posted: January 8, 2007, 12:10 pm - IP Logged

                    Hey Cableman-

                    Your cashier unfortunately gave you incorrect information. As of this morning (Monday), we'd sold a little more than 145,000 tickets. There are still about 355,000 tickets remaining. I'm not sure where the confusion came from, but wanted to make sure you had good info. As for any of you on this thread, let me know if you have any other questions.  Good luck!

                      Todd's avatar - Cylon 2.gif
                      Chief Bottle Washer
                      New Jersey
                      United States
                      Member #1
                      May 31, 2000
                      23260 Posts
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                      Posted: January 8, 2007, 12:12 pm - IP Logged

                      Hey Cableman-

                      Your cashier unfortunately gave you incorrect information. As of this morning (Monday), we'd sold a little more than 145,000 tickets. There are still about 355,000 tickets remaining. I'm not sure where the confusion came from, but wanted to make sure you had good info. As for any of you on this thread, let me know if you have any other questions.  Good luck!

                      Thanks for clearing that up Chip.  Welcome to Lottery Post.  I hope you get a chance to weigh in other topics as well.  We love to hear the perspectives of Lottery employees, and appreciate getting the facts straight from the source.

                       

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                        United States
                        Member #48753
                        January 8, 2007
                        10 Posts
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                        Posted: January 8, 2007, 12:28 pm - IP Logged

                        Todd-

                         Thanks for the kind words and the welcome! I'm looking forward to contributing to the conversations here. I've followed info on the site for some time, and have been looking for a chance to jump in. Best of luck to you!

                          cableman753's avatar - 8ball
                          Milan Tn. 4 now
                          United States
                          Member #48261
                          December 18, 2006
                          22 Posts
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                          Posted: January 9, 2007, 5:46 pm - IP Logged

                          sure was i went and got 5 more today and asked they have sold like 175 thou. out of 500 thou. as of about noon

                            cableman753's avatar - 8ball
                            Milan Tn. 4 now
                            United States
                            Member #48261
                            December 18, 2006
                            22 Posts
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                            Posted: January 9, 2007, 5:50 pm - IP Logged

                            Thanks chip  See Ya!