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New York Lottery: Some crude probablistic analysis.
I play, very modestly, local lotteries, when their expectation values, pre-tax, get to around 0.4. I calculate the pretax expectation value, the ratio of the potential cash prize(s) to the odds of winning, for lotteries in which I have interest using the same mathematics that I use for the MM and PB posts I make here.
I will not drive a significant distance for a lottery unless the expectation value is greater than 0.9.
The odds for PB and MM lotteries are so long that their jackpots wou
Jun 28, 2006, 12:34 pm - Prob988 - Jackpot Games Forum
What's the cash value on NY Lotto?
Quote: Originally posted by Prob988 on June 19, 2006 Anybody know?
New York is one of those states that conceals the issue.
With the slim pickings in the big lotteries, I was thinking of strolling over to the state of my birth to pick up a few tickets. Is it worth it?
Yes?
No?
NY Lotto is the BIGGEST ripoff among all US lottery games. Only 38%-40% of wagers is used to pay prizes.
Jun 19, 2006, 5:45 pm - CASH Only - Jackpot Games Forum
Cash 4Life
Story on first winners in C4L
http://www.nydailynews.com/new-york/ex-cop-new-yorker-win-1-000-day-life-article-1.1879067
Jul 24, 2014, 5:52 pm - wallyjay - Jackpot Games Forum
Wisconsin SuperCash $$
https://www.thelottolife.com/blog/persistence-wins-new-york-man-plays-lottery-daily-for-years-and-gets-10-million-payoff
Depressing......the guy won but has been playing since the 1960's (lol)
Jon
Feb 17, 2019, 2:20 am - whynot789 - Jackpot Games Forum
New York First Powerball Jackpot Was Won With One Quick Pick Ticket
I understand your point MR RIDGE, but the news stories, videos and pictures on the following links show that they played $1 quick pick.IT IS NOT THE FIRST TIME THAT A LOTTERY JACKPOT HAS BEEN WON WITH A SINGLE QUICK PICK.He did not buy thousands of them because he is a THRIFTY individual like me.
http://readme.readmedia.com/New-York-Powerball-Winners-Step-Forward-to-Claim-170-9-Million-in-Prizes/2043771
https://www.lotterypost.com/news/227169
https://www.lotterypost.com/news/227521
h
May 9, 2011, 7:50 am - THRIFTY - Jackpot Games Forum
PA Match 6 lotto ending?
PENNSYLVANIA LOTTERY INTRODUCES NEW GAME FEATURING $1 MILLION STARTING JACKPOT
Super 7 Will Replace Match 6 Lotto on Tuesday, Friday Evenings
MIDDLETOWN March 5, 2009 - Next week, the Pennsylvania Lottery will introduce Super 7, a new $2 terminal-based game offering an annuity jackpot that begins at $1 million and continues to grow until it is won.
Super 7 will replace Match 6 Lotto in the Pennsylvania Lottery s Tuesday and Friday evening drawing shows at 7 p.m. Super 7 tickets go o
Mar 6, 2009, 7:40 am - sirbrad - Jackpot Games Forum
Lottery Employee Wins Jackpot
LOTTERY EMPLOYEE WINS $8.5 MILLION LOTTO 6/49 JACKPOT
Today Ontario Lottery and Gaming Corporation (OLGC) congratulates Stephen Cook of Toronto who became a multi-millionaire when he collected a LOTTO 6/49 jackpot prize worth more than $8.5 MILLION.
Cook, 50, who has been with OLGC for 18 years, is an Operations Analyst working primarily with Blackberry systems..He was overwhelmed when he discovered the great news. My life has changed forever. I will no longer have any money concerns
Apr 7, 2006, 7:42 pm - Jake649 - Jackpot Games Forum