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Kentucky Lottery launches 50/50 raffle Friday

Kentucky LotteryKentucky Lottery: Kentucky Lottery launches 50/50 raffle Friday
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State's first raffle in 4 years

Lottery Post Exclusive

by Todd Northrop

On Friday, the Kentucky Lottery kicks off sales for its newest game, 50/50 Split the Pot Raffle.

Tickets for the new raffle game will only be available for a period of less than four weeks, and on June 10, one lucky winner is going to win half the proceeds.

Unlike a traditional raffle, the 50/50 game does not impose a limit on the number of tickets sold; rather, the more tickets that are sold, the better, because the jackpot is exactly half of the total sales for the game.

The concept has been tried before, and has led to big prizes.  In Sept. 2010, the Michigan Lottery held a 50/50 raffle, producing one winner of a $1.3 million jackpot (see Michigan Lottery Ultimate 50/50 Raffle Results).

"It plays just like the split the pot raffles that have been around forever," said the Kentucky Lottery's Senior Vice President of Sales and Marketing Steve Casebeer. "It's a simple game — one winner takes half the pot, and it's unlike anything we've ever offered.

Tickets for 50/50 Split the Pot Raffle cost $10 each.  Sales begin Friday, May 13, and end at noon on June 10.  The drawing will be held the afternoon of June 10.

"We wanted this game to have a short run, so players shouldn't wait to get a ticket," Casebeer said.

The winning number for the raffle will be published on Lottery Post's Kentucky Lottery Results page soon after the drawing.  Players will also be able to check their tickets at lottery retail locations.

Players cannot choose their own ticket numbers, as the tickets are sold in numerical order.

"We believe players will really enjoy this exciting new game, and we'll be monitoring it to see if it's a concept we want to pursue," said Casebeer. If this raffle goes well, Casebeer said there's a possibility it could become a game offered for four weeks each quarter. 

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25 comments. Last comment 5 years ago by TheOtherOne.
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HoLeeKau's avatar - YheaShea
Idaho
United States
Member #94283
July 17, 2010
2284 Posts
Offline
Posted: May 12, 2011, 5:41 pm - IP Logged

I certainly hope this goes better for KY than it has for ID.  One big difference is that Idaho is charging $20 per ticket.  They call theirs Winner Takes All.

As of tomorrow the entry period will be half over and they have sold about 70,000 tickets for a JP of $70K.  Yeeps.  I'm beginning to be sorry I bought a ticket.  I can only hope sales catch on fire for the last half cuz that's not much of a JP.

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
    Member #1
    May 31, 2000
    23261 Posts
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    Posted: May 12, 2011, 5:43 pm - IP Logged

    I certainly hope this goes better for KY than it has for ID.  One big difference is that Idaho is charging $20 per ticket.  They call theirs Winner Takes All.

    As of tomorrow the entry period will be half over and they have sold about 70,000 tickets for a JP of $70K.  Yeeps.  I'm beginning to be sorry I bought a ticket.  I can only hope sales catch on fire for the last half cuz that's not much of a JP.

    That doesn't make sense.  If they sold 70,000 tickets, that's $1.4 million in sales, so the jackpot should be up to $700,000 by now.  That's pretty good, and the draw isn't until June 9!  (it will undoubtedly get much higher by then.)

    You can see the details for the Winner Take All game on Lottery Post's Event Calendar (See month of June)

     

    Check the State Lottery Report Card
    What grade did your lottery earn?

     

    Sign the Petition for True Lottery Drawings
    Help eliminate computerized drawings!

      rdgrnr's avatar - walt
      Way back up in them dadgum hills, son!
      United States
      Member #73904
      April 28, 2009
      14903 Posts
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      Posted: May 12, 2011, 5:44 pm - IP Logged

      YEEEEEEEEEEEEEEEE  HAAAAAAAAAAAAAAAAAAA!

      A 50/50 raffle run by a guy named Casebeer!

      What the hell could be better than that?

      YEEEEEEEEEEEE HAAAAAAAAAAAA!

      Thank You Kentucky!


                                                   
                           
                                               

       

       

       

       

                                                                                                         

      "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                  --Edmund Burke

       

       

        HoLeeKau's avatar - YheaShea
        Idaho
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        Member #94283
        July 17, 2010
        2284 Posts
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        Posted: May 12, 2011, 5:47 pm - IP Logged

        That doesn't make sense.  If they sold 70,000 tickets, that's $1.4 million in sales, so the jackpot should be up to $700,000 by now.  That's pretty good, and the draw isn't until June 9!  (it will undoubtedly get much higher by then.)

        You can see the details for the Winner Take All game on Lottery Post's Event Calendar (See month of June)

        Ok my math is bad.  The JP is around $70K according to their website which is usually updated every 10 minutes or so.  (I see it's down now.)  I did the math from there.  Actually it's only 7K tickets sold, right?  Not good!

          Todd's avatar - Cylon 2.gif
          Chief Bottle Washer
          New Jersey
          United States
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          May 31, 2000
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          Posted: May 12, 2011, 5:52 pm - IP Logged

          Ok my math is bad.  The JP is around $70K according to their website which is usually updated every 10 minutes or so.  (I see it's down now.)  I did the math from there.  Actually it's only 7K tickets sold, right?  Not good!

          I have no idea on the ticket sales, I'm taking your word for it.  But if only 7,000 tickets were sold, I would be buying tickets left and right.  Those are great odds of winning a big prize.  1-in-7,000 to win a $70,000 prize?  I'm all in!  Those are better odds than winning Pick 4 straight - and that's usually around $5,000.

          Don't worry, sales of raffles tend to ramp up significantly in the final days before the drawing.  Just ask Arkansas players, with the raffle that never ended because the lottery was scared they wouldn't sell out.  They finally set a sales end date, and the week of the raffle, all the rest of the tickets were gobbled up.

          Kentucky is being smart by keeping the sales period very tight.  No need to extend it multiple months.  Whatever the number of tickets sold, you can be sure the odds are good of winning a big prize, compared to the other games offered in the state.

           

          Check the State Lottery Report Card
          What grade did your lottery earn?

           

          Sign the Petition for True Lottery Drawings
          Help eliminate computerized drawings!

            Avatar
            Kentucky
            United States
            Member #32652
            February 14, 2006
            7308 Posts
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            Posted: May 12, 2011, 6:12 pm - IP Logged

            YEEEEEEEEEEEEEEEE  HAAAAAAAAAAAAAAAAAAA!

            A 50/50 raffle run by a guy named Casebeer!

            What the hell could be better than that?

            YEEEEEEEEEEEE HAAAAAAAAAAAA!

            Thank You Kentucky!

            Jack Daniels will be drawing the winning number and Jim Beam will present the huge cardboard check to the winner!

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
              United States
              Member #73904
              April 28, 2009
              14903 Posts
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              Posted: May 12, 2011, 6:28 pm - IP Logged

              Jack Daniels will be drawing the winning number and Jim Beam will present the huge cardboard check to the winner!

              I take back every bad thing I said about Kentucky!

              In fact, I'm gonna start growin a greasy mullet my own self today!

               

              And in honor of their new raffle I even wrote a commemorative jingle that they can use free of charge in their ad campaigns.

               

              When I'm feelin lucky

              I head fer Kentucky

              Not Tennessee

              Where lottery's sucky

               

              YEEEEEEEEEEEEEEEEE HAAAAAAAAAAAAAAAAA!


                                                           
                                   
                                                       

               

               

               

               

                                                                                                                 

              "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                          --Edmund Burke

               

               

                rcbbuckeye's avatar - Lottery-043.jpg
                Texas
                United States
                Member #55889
                October 23, 2007
                5593 Posts
                Offline
                Posted: May 12, 2011, 7:36 pm - IP Logged

                I really would like to see Texas have a raffle. Their jackpot games are getting a little stale.

                KY is smart having a short sales period. I'm looking forward to seeing how it comes out.

                Ridge, it sounds to me like you're ready to move in with yer friend tiggs.

                CAN'T WIN IF YOU'RE NOT IN

                A DOLLAR AND A DREAM (OR $2)

                  GamerMom's avatar - tails

                  United States
                  Member #60535
                  April 21, 2008
                  460 Posts
                  Offline
                  Posted: May 12, 2011, 7:57 pm - IP Logged

                  This is an example of the perfect raffle.  $10, short run time and I really like the 50/50 concept.  Even if only a few thousand tix sell you have a good chance to win something!

                    dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
                    Oklahoma
                    United States
                    Member #82391
                    November 12, 2009
                    6290 Posts
                    Offline
                    Posted: May 12, 2011, 8:08 pm - IP Logged

                    Congrats Kentucky on the 50/50 RaffleThumbs Up.......it seems as if every State has a Raffle except OklahomaThud

                      dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
                      Oklahoma
                      United States
                      Member #82391
                      November 12, 2009
                      6290 Posts
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                      Posted: May 12, 2011, 8:16 pm - IP Logged

                      Jack Daniels will be drawing the winning number and Jim Beam will present the huge cardboard check to the winner!

                      now....now...now....let's not forget Margarita/Strawberry Daiquiri as the announcerWink

                        TnTicketlosers's avatar - Lottery-065.jpg

                        United States
                        Member #71120
                        February 19, 2009
                        1209 Posts
                        Offline
                        Posted: May 12, 2011, 9:22 pm - IP Logged

                        Count me in,I'll go Sunday to get my share....save me some ridge!

                          Rowen's avatar - animal eel.jpg
                          Illinois
                          United States
                          Member #82001
                          November 3, 2009
                          890 Posts
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                          Posted: May 12, 2011, 10:32 pm - IP Logged

                          Not crazy about having just 1 big winner.  And what if you have to take the annual payments instead of lump sum especailly if it's over a million. I rather have 5 or 10 winners split the pot and spread the wealth and increase odds of winning.

                            sully16's avatar - sharan
                            Ringleader
                            Michigan
                            United States
                            Member #81740
                            October 28, 2009
                            40420 Posts
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                            Posted: May 12, 2011, 11:16 pm - IP Logged

                            I take back every bad thing I said about Kentucky!

                            In fact, I'm gonna start growin a greasy mullet my own self today!

                             

                            And in honor of their new raffle I even wrote a commemorative jingle that they can use free of charge in their ad campaigns.

                             

                            When I'm feelin lucky

                            I head fer Kentucky

                            Not Tennessee

                            Where lottery's sucky

                             

                            YEEEEEEEEEEEEEEEEE HAAAAAAAAAAAAAAAAA!

                            Green laughGreen laughSend it to the dragon lady, hehehehe

                            Did you exchange a walk on part in the war ?

                            For a lead role in a cage?

                             

                                                                        From Pink Floyd's " Wish you were here"