Drive to boost Calif. lottery sales under way

Comment #10

DC81 — Thu, 03 Jul 2008 17:38:39 GMT

CA could really stand to get rid of the Paramutual winnings but the work required to be able to do that would probably be significant and a big pain in the arse seeing that it's in the state's constitution IIRC..

Comment #9

lottocalgal — Thu, 03 Jul 2008 14:00:19 GMT

I have a sure fire way to increase my lottery playing, STOP BEING STINGY ON THE PAYOUTS, CALIFORNIA!

And for the scratchers, which I have stopped buying alltogether, MAKE IT SO THE PAYOUT ODDS ARE BETTER! Not much, just enough. The California scratchers are pathetic. Ive seen a few tickets where the odds of winning ANY money amount are 14 to 1. and we know that means spending $14 to win $1.

California always finds ways to get us to purchase more except the one that means the most.

Comment #8

Drivedabizness — Mon, 30 Jun 2008 16:05:20 GMT

That and the fact that annuity factors are so low.

Annuity factors are the multiplier that Lotterys apply to the $$$ in the top prize pool to arrive at the advertised jackpot.

If the annuity factor is 2.0, then $20 million in the top prize pool = an advertised jackpot of $40 million. AF's can and have been 2.0 or better.

I think recently the annuity factors are more like 1.6 - so it takes a lot for $$$ for the jackpot to rise.

MM is certainly part of the issue. I... [ More ]

Comment #7

barbos — Sun, 29 Jun 2008 04:19:43 GMT

Well for that the next MM second prize will be about 700 000. Good luck

Comment #6

fja — Fri, 27 Jun 2008 13:44:47 GMT

It sure doesn't help lottery sales when you have multiple second prize winners in Mega millions and the winners only get $33,000 each in parimutual prize money while all other states pay out $250,000 per ticket.

Comment #5

ambelamba — Fri, 27 Jun 2008 06:39:34 GMT

You know what guys... Now it's time to point out the most frustrating problem with California Lottery.

The jackpot increase rate of Super Lotto Plus is the biggest problem. It's painfully slow. Although there is Mega Millions, there is absolutely no guarantee that there will be jackpot winners from California every time. Well, I have no problem with Mega Millions being played in Cali itself, but it's eating away the jackpot increase rate of Super Lotto Plus.

Comment #4

barbos — Wed, 25 Jun 2008 08:57:41 GMT

It is just waste of money. I already saw those billboards and don't believe telling how many players won one or a couple bucks can boost a lottery sales. The California Lottery already did it's best by allowing the anonymous prize claiming - that one in my opinion was a far better step, even though I don't remember it widely advertised. Now all they can do is wait for the gas price to get lower - if ever.

Comment #3

jackpotismine — Wed, 25 Jun 2008 03:25:14 GMT

The government just don't get it. The more the average person wins the more they will play. It's just common sense. If you play and play and play and NEVER win why should you keep spending money especially giving the economy situation. They don't really care anyway because they are filthy rich. What a Joke

Comment #2

konane — Wed, 25 Jun 2008 03:00:30 GMT

When states allow lotteries a higher percentage of ticket sales for prizes then players will buy more tickets.

Comment #1

Drivedabizness — Wed, 25 Jun 2008 00:42:36 GMT

The billboard campaign is a farce - it will have no measurable impact.

This article is typical - it scrapes the surface but doesn't give a lot of the real fundamentals about this issue.

The teachers will not support anything that doesn't guarantee their union more money - period. If they even abstain (go neutral) the measure will not pass.

Ahhhhnuld doesn't have a clue either. He surrounds himself with people who tell him what he wants to hear. In the end, this thing will... [ More ]

Drive to boost Calif. lottery sales under way

Lottery Post — Wed, 25 Jun 2008 00:24:00 GMT

Revenue-building campaign needed as governor's bond proposal gains footing

The California state lottery is switching its advertising pitch on nearly two dozen billboards throughout the state, a modest attempt to boost ticket sales.

But the sales campaign will have to get much more aggressive if the lottery is going to pay off Gov. Arnold Schwarzenegger's $15 billion bond plan to help cover a huge state budget deficit.

Instead of showing life-changing jackpots that can exceed $100 milli... [ More ]