Welcome Guest
Log In | Register )
You last visited January 20, 2017, 8:51 am
All times shown are
Eastern Time (GMT-5:00)

Illinois Lotto draw now on Monday.

Topic closed. 8 replies. Last post 12 years ago by LOTTOMIKE.

Page 1 of 1
PrintE-mailLink

United States
Member #3676
February 10, 2004
425 Posts
Offline
Posted: April 4, 2005, 10:16 am - IP Logged

Dont forget all those in Illinois to get your lotto tickets today as they are now starting three times  a week. The lotto is an unheard of 30+ million for a 10 million to one odds matrix.  Someone has to hit this sucker soon.  Remember me when you hit it! Good luck.

    Avatar
    Morrison, IL
    United States
    Member #4657
    May 13, 2004
    1884 Posts
    Offline
    Posted: April 4, 2005, 1:12 pm - IP Logged

      I cannot believe they don't sell more than 1 million lotto tickets with a jackpot like this!  No wonder it keeps rolling.


      United States
      Member #379
      June 5, 2002
      11296 Posts
      Offline
      Posted: April 4, 2005, 4:50 pm - IP Logged

      I hope NY doesn't follow with 3x/week until they improve the prize return.

        Todd's avatar - Cylon 2.gif
        Chief Bottle Washer
        New Jersey
        United States
        Member #1
        May 31, 2000
        23351 Posts
        Online
        Posted: April 4, 2005, 9:20 pm - IP Logged

        I'd like to see NJ go to 3 days per week, but they may not want to conflict with Mega Millions on Friday.  Maybe Monday, Thursday, and Saturday?

         

        Check the State Lottery Report Card
        What grade did your lottery earn?

         

        Sign the Petition for True Lottery Drawings
        Help eliminate computerized drawings!

          Avatar
          Morrison, IL
          United States
          Member #4657
          May 13, 2004
          1884 Posts
          Offline
          Posted: April 4, 2005, 9:39 pm - IP Logged
          Quote: Originally posted by ryanm on April 4, 2005


            I cannot believe they don't sell more than 1 million lotto tickets with a jackpot like this!  No wonder it keeps rolling.




            I must correct myself.  They sold an estimated 3.672 million tickets for last Saturday's drawing.  I forgot to multiply by 4 to take into account the 50% prize return rate and the fact that $1 buys two plays.

            The way this is estimated:

            All second and third place prizes are pari-mutuel

            There were 51 second place winners, each receiving $990

            $990 * 51 = $50,490 total second place prize pool allocation

            5.5% of the prize pool goes to the second place winners

            $50,490/0.055 = $918,000 total prize pool allocation

            $918,000 * 2 = $1,836,000 estimated sales

            $1,836,000 * 2/$1 = 3,672,000 "plays" sold

            Still, the odds of a particular combination hitting the jackpot are 1 in 20,358,520, so it's still no wonder the Lotto jackpot keeps rolling.


            United States
            Member #379
            June 5, 2002
            11296 Posts
            Offline
            Posted: April 19, 2005, 8:03 pm - IP Logged

            Maybe Lotto South should go to 3x/week.

              Avatar

              United States
              Member #1826
              July 11, 2003
              2645 Posts
              Offline
              Posted: April 19, 2005, 8:17 pm - IP Logged
              Quote: Originally posted by Todd on April 4, 2005

              I'd like to see NJ go to 3 days per week, but they may not want to conflict with Mega Millions on Friday. Maybe Monday, Thursday, and Saturday?


              I think that's a great idea. I like Pick-6 Lotto. It would be nice to have 3 draws a week.

              (insert signature here)

                LOTTOMIKE's avatar - Lottery-063.jpg
                Tennessee
                United States
                Member #7853
                October 15, 2004
                11338 Posts
                Offline
                Posted: May 14, 2005, 4:37 am - IP Logged


                Maybe Lotto South should go to 3x/week.

                thats a good idea......

                  LOTTOMIKE's avatar - Lottery-063.jpg
                  Tennessee
                  United States
                  Member #7853
                  October 15, 2004
                  11338 Posts
                  Offline
                  Posted: May 14, 2005, 4:38 am - IP Logged

                  they might even change the days around that its drawn on but i doubt it.