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New Jersyans: What to do with Pick 6.

Topic closed. 5 replies. Last post 11 years ago by JimmySand9.

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What should New Jersey do with its weak pick 6 game?

Leave it as it is. [ 2 ]  [18.18%]
Replace it with a lucky 4 life? [ 0 ]  [0.00%]
Simply drop it? [ 2 ]  [18.18%]
Increase the odds? [ 0 ]  [0.00%]
Reduce the odds? [ 1 ]  [9.09%]
Change the payouts? [ 5 ]  [45.45%]
Make the annuity 50 years? [ 1 ]  [9.09%]
Make the annuity 100 years? [ 0 ]  [0.00%]
Make the annuity 1,000 years? [ 0 ]  [0.00%]
Make the annuity 1,000,000 years? [ 0 ]  [0.00%]
Total Valid Votes [ 11 ]  
Discarded Votes [ 1 ]  
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New Jersey
United States
Member #21206
September 4, 2005
949 Posts
Offline
Posted: January 13, 2006, 8:17 pm - IP Logged

The New Jersey Pick 6 lottery, in spite of a much inflated annuity payout (the cash value is concealed from players) is clearly doing poorly.

It is very rare for an advertised annuity value to rise by even 1 million dollars after a rollover; more typical is a rollover of $200,000.

The old pick 6, which had better odds, did better, but it had the luxury of existing before New Jersey was a MegaMillions or Big Game State.

I can't believe that New Jersey hasn't acted with respect to this game.  It can't be making the state much money.

If you were a lottery official in New Jersey, what would you do?

Please select from the above choices.  If you have another suggestion, please post it. 

 

 

 

 

 


    United States
    Member #379
    June 5, 2002
    11296 Posts
    Offline
    Posted: January 13, 2006, 8:21 pm - IP Logged

    NJ Pick-6 Lotto probably should not be changed, or replaced. It's an alternative to the cheapo NY Lotto.

    NJ had Lotzee, with a $500,000 lump sum top prize. It had the same format as OR Lose for Life.

      Avatar

      United States
      Member #1826
      July 11, 2003
      2645 Posts
      Offline
      Posted: January 14, 2006, 12:06 am - IP Logged

      Good question. All I can think of is more money for matching 3. $3 seems kind of low, but hey, better than what the old format had ($0 for 3). Maybe return to the 6/46 format with a $5 prize for matching 3, with the same average payouts for 4 and 5 as the 6/49 has now. Sure there might not be as much in the jackpot, but that niche is going to Mega Millions anyway. This would be a welcome change.

      (insert signature here)

        Avatar

        United States
        Member #1826
        July 11, 2003
        2645 Posts
        Offline
        Posted: January 14, 2006, 8:11 pm - IP Logged

        Further detail of above format suggestion:

        Pick 6 out of 46

        Price : $1

        Drawings Monday, Thursday, and Saturday


        Prize
        Odds
        Match 6
        Jackpot (25% of sales)
        1 : 9,366,819
        Match 5
        Avg. $2,732
        1 : 39,028
        Match 4
        Avg. $56
        1 : 801
        Match 3
        $5 Fixed
        1 : 47

        Overall Odds : 1 in 44.7

        (insert signature here)


          United States
          Member #16612
          June 2, 2005
          3493 Posts
          Offline
          Posted: January 17, 2006, 1:28 pm - IP Logged

          I would definately drop it as my vote. They already have Mega Millions which has a very high payouts. If they keep New Jersey Lotto, they should advertise the jackpot based on sales. For example, if it starts @ 1 million and rolls, it should go up based on sales [Ex. 1.3 million, etc].

            Avatar

            United States
            Member #1826
            July 11, 2003
            2645 Posts
            Offline
            Posted: January 17, 2006, 1:43 pm - IP Logged

            I would definately drop it as my vote. They already have Mega Millions which has a very high payouts. If they keep New Jersey Lotto, they should advertise the jackpot based on sales. For example, if it starts @ 1 million and rolls, it should go up based on sales [Ex. 1.3 million, etc].

            So what you're saying is there should only be one game that can set you for life, and such a game should be the one that has astronomical odds (as opposed to merely exospheric).

            (insert signature here)