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Massachusetts Lottery to launch $30 instant ticket in April

Topic closed. 19 replies. Last post 3 years ago by THRIFTY.

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Bikini bottom Nc
United States
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March 19, 2014
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Posted: March 26, 2014, 5:12 pm - IP Logged

Forget this scratch ticket im more concerned about my powerball win tonight.

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The boy-who-lived. How lies have fed your legend, Harry!

    mrcraft's avatar - images3lp4 zps7dbb4a10.jpg
    Los Angeles, California
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    Member #149492
    December 2, 2013
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    Posted: March 27, 2014, 11:58 am - IP Logged

    Interesting, fwlawrence, but that is merely the "annuity amount," right?  Curiously, do you know over how many annual payments this is stretched out?

    I would bet that's the cash value being a $50 ticket.  In California, we have an advertised $5 million top prize for our $20 ticket.  The $5 million is the cash value, no annuity value.  For us, the only annuity value on Scratcher tickets are our Lucky for Life series where the prize is a weekly payment though winners may elect to receive a cash option.

    That's why all advertised Scratcher jackpot values are not the same and confuses people when comparing tickets from other states.  The $15 million prize here on a $30 ticket is probably a $7-$8 million cash prize which is consistent when compared to our $5 million cash prize on our $20.

    With the exception of "Lucky for Life" type Scratcher tickets, states should really use cash values to market their Scratcher tickets.

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      NEW YORK
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      April 29, 2010
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      Posted: March 31, 2014, 10:53 am - IP Logged

      Wow a 30 dollar ticket in Mass. I'm kind of torn with my feelings about that. I rarely play the 20 dollar tickets because it would be too easy for me to lose money quickly when I lose.  If I did buy a 30 dollar ticket would buy just one and leave the store.  Having a grand prize of 15 million is great (though at 30 dollars a ticket they should be offering a great prize). I probably will play a few but will stick to the lower price scratch tickets.  I'm sure they will sell like hotcakes because so many people play the lottery. I'd like the mass lottery to offer more million dollar prizes on all of their scratch offs. It stinks that on many 5 dollar tickets they only have 6 winners that can win a million (and if you take the lump sum and pay taxes on it it's much less), not to mention the printout run of over 25 million tickets for a 5 dollar game.

      You can buy a $30 lottery ticket once a year.

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      PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

        helpmewin's avatar - dandy
        u$a
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        February 22, 2011
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        Posted: April 1, 2014, 11:26 am - IP Logged

        You can buy a $30 lottery ticket once a year.

        is that what you do save .10 a day for the year and buy your $30.00 Scratch-off ticket

        Let it Snow Snowman

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          NEW YORK
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          April 29, 2010
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          Posted: April 8, 2014, 3:57 pm - IP Logged

          is that what you do save .10 a day for the year and buy your $30.00 Scratch-off ticket

          I do not spend $25,000 per year on the lottery like you.LOL

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          PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!