https://www.lotterypost.com/thread/125970 Lottery Post Forum Topic: Michigan Instant Games en-us Lottery Post RSS Generator https://www.lotterypost.com/thread/125970/513289 https://www.lotterypost.com/thread/125970/513289 Thu, 05 Jan 2006 16:37:48 GMT Think I vaguley recall that in the last 5 or 10 years Gov Engler signed a law that changed instant ticket payouts. I believe it may have been called the Governor Engler Ruins Scratch Off Tickets Act ;) I dont remember any details but I believe it changed the payouts. Any way your odds of winning the top prize range from Impossible (which is virtually all of the time) to 1 in 500 or less if the packet containing the winning ticket is in the store where you are buying your ticket.Stick with the onli... [ More ]

]]> Think https://www.lotterypost.com/thread/125970 https://www.lotterypost.com/thread/125970 Wed, 04 Jan 2006 21:27:09 GMT Bradly_60 I copied this text from Michgan's financial report Instant games had an overall payout of 63.1% in 2005, 63.2% in 2004 and 62.8% in 2003. The games vary in payout percentage depending on selling price of a ticket for a game. Instant game prize payouts range from 50% for a $1 game to 70% for a $20 game. The decrease in instant game prize expense from 2004 to 2005 of 4.1% is directly related to the 4% reduction in instant game sales. I thought by law all instant games had to pay back 70%. Am I... [ More ]

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