Welcome Guest
Log In | Register )
You last visited January 20, 2017, 4:53 am
All times shown are
Eastern Time (GMT-5:00)

A New Lucky For Life

Topic closed. Posted 11 years ago. No replies.

Page 1 of 1
PrintE-mailLink

Is my version an improvement or not?

It's better. [ 1 ]  [50.00%]
It's about the same. [ 1 ]  [50.00%]
It's worse. [ 0 ]  [0.00%]
Total Valid Votes [ 2 ]  
Discarded Votes [ 0 ]  
Avatar

United States
Member #1826
July 11, 2003
2645 Posts
Offline
Posted: June 23, 2006, 5:12 am - IP Logged

O.K. I live in PA, and I think our lottery is among America's best. But one thing that drives me nuts is Lucky For Life's top prize, $36,000/year for life. What the heck is that? That kind of money may work if you live in a trailer park by yourself, but try raising a family, or living anywhere near Philly. You're gonna have to keep working if you wanna live comfortably. That's why I propose this. It's Lucky For Life, bigger and better. And played an awful lot like the 6/49 up in Canada.

Price : $2

Pick 6 out of 49 (same as Match 6, but that's where the similarity ends).

6 numbers are drawn, plus a 7th bonus ball.

Lifetime Jackpot starts at $100,000/year for life and keeps growing until there's a winner (minimum roll $10,000/year for life). 


Prize
Odds
Match 6
JACKPOT
1:13,986,816
Match 5 + Bonus
$100,000
1:2,330,636
Match 5
$5,000
1:55,492
Match 4
$100
1:1,033
Match 3
$10
1:57
Match 2 + Bonus
$10
1:81

Overall odds : 1 in 32

Now first, for the purpose of the survey I will not disclose whether or not this version would have a cash option, because I know for a least one member that's the start all/end all of said member's judgement.

Second, to all the naysayers, a Lifetime jackpot is possible, that's because under the current version the lottery uses the same amount of money to buy each annuity, regardless of the players age or health. I don't know how they do it, but they do. So if that's possible, so is a growing lifetime annuity jackpot.

(insert signature here)