Michigan Lottery to debut $50 'Super Raffle' tickets

Comment #20

qutgnt — Wed, 09 May 2007 01:21:42 GMT

I made a detour on my drive from NY to Chicago to pick up three of these. I got them at like 11pm and was shocked I was already in the 100k number ticket area. These things will be gone by Wednesday.

Comment #19

LisaGay — Thu, 03 May 2007 18:54:17 GMT

I know the ticket said annuitized but in the press release for January 5, 2007 the website says:

In the single drawing on January 3, 765 raffle tickets were randomly selected to win the following great prizes:

5 grand prizes of $1,000,000 each (annuitized over 20 years or lump sum)

I'm going in with my mother and sister to buy a ticket; I just can't do $50. The only reason I did the $20 was because I knew that there truly was a chance for me to win. Plus, twice before when there were... [ More ]

Comment #18

fbird — Wed, 02 May 2007 00:54:37 GMT

well first off the $2million is paid out in an annutity.....not cash! they save $700,000 per winner there. secondly, this sad state of mich is looking to make some quick cash at the expense of those who can least afford it. and before you start giving me all the arguements on gaming I know them all and gamble within a budget.but those who don't look at this as a way of getting out of their sitituation. This state simply put , plays on peoples natural greed. So at $50 a pop....i just beleive that... [ More ]

Comment #17

KY Floyd — Mon, 30 Apr 2007 17:52:07 GMT

Greed? How are they greedy if they're paying out 59% instead of the usual 50

Comment #16

dream200 — Mon, 30 Apr 2007 14:26:17 GMT

I totally agree.I would rather spend $50 on the Mega Millions.

Comment #15

Tarzan — Mon, 30 Apr 2007 14:11:57 GMT

IF I could get one,I would try it.When SC had ours,the winning numbers weren't random,and that was a disappointment.

Comment #14

Think — Mon, 30 Apr 2007 03:59:36 GMT

Well I supose if I were at that place in Jackson that sold the top prize $650,000 winners for two raffle draws in a row I would buy a ticket. I am going to be realllllllllllyyyyyyyyy suspicious if they sell a $1,300,000 winning ticket. I'm not going to buy any more tickets if Jackson winds up with all the prizes anyway...what is the point?

*IF* I buy a ticket I wont be playing the Fantasy 5 for a long time.

Comment #13

Tnplayer805 — Sun, 29 Apr 2007 17:15:08 GMT

If any of you from MI are planning on buy one I wish you the best of Luck

Comment #12

HiYoSilver — Sun, 29 Apr 2007 11:51:19 GMT

$20 is my limit for any one ticket. Beyond that I feel too bad if I lose. If I could find two other people I trust I would split the cost. Wonder if George and Hillary would like to go in with me.

Comment #11

fbird — Sun, 29 Apr 2007 11:40:16 GMT

GEEZ 50 bucks!!!!!!! when does the $100 one start??? the greed of the MSL is appalling at times!! But one thing about Michigan...we can't sell houses,but we can sell the heck out of raffle tickets

Comment #10

liberal47 — Sun, 29 Apr 2007 03:46:31 GMT

These tickets will certainly sell out in less than a week. Every time I go to the store I run into someone who says 50 bucks is no object to them. Most are ticked off that they waited too long, and missed out on getting one of the 20 dollar tickets in the last raffle. They say on the State website, that they are only doing this 50 dollar thing once this year, LOL! we will see about that! I have a hunch, the price of these raffles is still to be determined.

Comment #9

Littleoldlady — Sun, 29 Apr 2007 02:53:31 GMT

The prize tier in TN is bad..

Comment #8

Tnplayer805 — Sun, 29 Apr 2007 02:41:34 GMT

TN's raffle isn't doing all that great either. Out of 800,000 tickets only 500,000 have been sold and the drawing is May 14. Bet they don't try that again.

Comment #7

Badger — Sun, 29 Apr 2007 01:03:49 GMT

I really wonder if they'll sell all of them.

Wisconsin has their raffle going at $10/ticket with 500,000 available. The deadline is 9PM tonight and the have only sold about 65% of their tickets. They will still make money of course. ANd those that buy a ticket will have even better odds due to about (estimating) 20% of their tickets not being sold.

But if they can't sell 500,000 at 10 bucks each, at least here, they wouldn't be able to sell half that many at five times as much.... [ More ]

Comment #6

tnlotto1 — Sat, 28 Apr 2007 17:12:53 GMT

i have to admit if i lived in michigan i would buy some tickets but we will see if the people in michigan agree with me. i think their last raffle sold out in a week but the tickets were not $50 that time.

Comment #5

Tnplayer805 — Sat, 28 Apr 2007 16:58:53 GMT

$50 is pushing it!!! I'm going to watch this evolve. It's going to be no doubt entertaining.

Comment #4

rdc137 — Sat, 28 Apr 2007 16:27:27 GMT

Delaware's was a much better deal.

Comment #3

Bradly_60 — Sat, 28 Apr 2007 15:35:31 GMT

I correct that....the odds of winning any prize in the Mass game are 1 in 70000+.

Comment #2

Bradly_60 — Sat, 28 Apr 2007 13:46:07 GMT

It will be interesting to see if the market is there. I am sure they will sell them but I wonder how long it will take. But the odds are better, I mean 1 in 50. I can't believe they are actually paying more than 50% out. That was a shocker to me.

In Mass though the odds of winning are ridiculous. I believe they are like 1 in 7000 or something like that. I could go for the better odds on raffles then bigger prizes.

Brad

Comment #1

BabyJC — Sat, 28 Apr 2007 13:42:21 GMT

I don't think the raffle sounds good at all. In the state of Mass., their July raffle has a top prize of $20 mil, with a ticket cost of $20. A much better deal.

Michigan Lottery to debut $50 'Super Raffle' tickets

Lottery Post — Sat, 28 Apr 2007 13:31:37 GMT

The most expensive ticket in the Michigan Lottery's 35-year history goes on sale May 7, offering the best odds ever of winning a $2 million top prize.

Tickets for the Super Raffle game will cost $50 each, and only 250,000 will be sold. In the June 18 drawing, two players each will win $2 million, 25 players will collect $100,000 each and 4,500 will get $500 apiece.

But will folks balk at the unprecedented $50 ticket price?

We don't think that's going to be a problem, Lottery Commiss... [ More ]