|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).
|Match 5 + Bonus||$100,000||1:2,330,636|
|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.