Vintage lottery ticket from 1974 NYS Lottery

Reply #15

TheMeatman2005 — Mon, 08 Aug 2016 02:58:38 GMT

I checked on eBay and tickets similar to the one I have are going for about $5. It's worth more in sentimental value than $5

Yes, the lotteries have come a long way in 40+ years.

Reply #14

LiveInGreenBay — Sun, 07 Aug 2016 18:41:07 GMT

Interesting post Meatman. The lottery sure has come a long way in the last 40+ years. Keep that ticket safe, could be a collectors item someday if it isn't already.

Reply #13

TheMeatman2005 — Sun, 07 Aug 2016 15:30:46 GMT

The NYS Lottery LOTTO game (6/59) still offers 2 games for a dollar. The current jackpot (for Wednesday 8/10/16 is $8.3 mil) and increases about $300,000 when there is a rollover. Jackpot starts at $2 mil after being won.

They draw 6 main numbers and 1 bonus number. The bonus number only comes into play if you match 5 + bonus.

NUMBERS MATCHED

PRIZE LEVEL

CHANCES OF WINNING

On a $1 Play

Six

1st

1: 45,057,474.00

1: 22,528,737.00

Five + bonus

2n... [ More ]

Reply #12

rcbbuckeye — Wed, 27 Jul 2016 12:33:19 GMT

Dang! Ain't that the truth!

I have some old Ohio Lotto tickets from the mid 1980's.

2 lines for a buck.

Reply #11

kreative1 — Wed, 27 Jul 2016 12:28:07 GMT

You know you are getting old when someone posts something from 1974 and calls it vintage

Thanks a lot meatman

Reply #10

dr65 — Wed, 27 Jul 2016 11:58:38 GMT

Ty meatman

Reply #9

tnlottodreamer — Wed, 27 Jul 2016 01:51:43 GMT

I guess he did not win if you still have the ticket. Thats cool.

Reply #8

TheMeatman2005 — Tue, 26 Jul 2016 23:59:42 GMT

Money And Inflation 1990'S

To provide an estimate of inflation we have given a guide to the value of $100 US Dollars for the first year in the decade to the equivalent in today's money

If you have $100 Converted from 1990 to 2005 it would be equivalent to $153.76 today

In 1990 a new house cost $123,000.00 and by 1999 was $131,700.00

In 1990 the average income per year was $28,970.00 and by 1999 was $40,810.00

In 1990 a gallon of gas was $1.34 and by 1999 was $1.22

In 1... [ More ]

Reply #7

MaximumMillions — Tue, 26 Jul 2016 23:19:11 GMT

Yes, but by 1990? Not so much.

Reply #6

TheMeatman2005 — Tue, 26 Jul 2016 23:11:48 GMT

I don't think there were any scratch offs back then.

If I remember correctly, the tickets were already printed with the numbers on them and you just asked for as many as you wanted to purchase.

Also, I don't remember how the winning numbers were selected.

Reply #5

TheMeatman2005 — Tue, 26 Jul 2016 23:01:03 GMT

According to the 1974 US Census:

Median and Average Sales Prices of New Homes Sold in United States was $35,700

Average cost of a new car was $3,750.00 and gas was 55 cents / gallon

The average total cost at private colleges increased to $9,022 from $3,860, a gain of 134 percent. In 1974, for example, the tuition at Columbia College was $3,370, or 20 percent more than the $2,785 basic price of a middle-size Chevrolet

Average Income per year was $13,900.00 and Average Monthly Rent $18... [ More ]

Reply #4

MaximumMillions — Tue, 26 Jul 2016 22:37:22 GMT

Right, but you win more than the 208k$ (which adjusted for inflation is $1,016,955.46).

Plus you could buy almost 5 tickets for what 2$ could buy back then.

Reply #3

Kingofearth — Tue, 26 Jul 2016 22:31:03 GMT

I've been wondering lately how they made tickets in the pre-modern era (Pre-1991). Were there any balls or was there only scratch offs available

Reply #2

TheMeatman2005 — Tue, 26 Jul 2016 22:25:38 GMT

The ticket price of 2$ is pretty hefty though.

Cash4Life and Lucky for Life are $2 each even today.

Reply #1

MaximumMillions — Tue, 26 Jul 2016 22:19:26 GMT

Thanks for posting!

200$ probably didn't seem like a lot by the time the 90ies rolled around.

The ticket price of 2$ is pretty hefty though.

Vintage lottery ticket from 1974 NYS Lottery

TheMeatman2005 — Tue, 26 Jul 2016 22:08:33 GMT

After my Dad passed away back in 2005, I found this old April 05, 1974 NYS Lottery ticket in one of his drawers. I scanned it and am posting it so you can see what it was like back then.

TOP PRIZE = $200 / week for life. Even 42 years ago, they used 20 years as the basis for a FOR LIFE prize.