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Interesting California MM Payouts

Topic closed. 5 replies. Last post 10 years ago by Todd.

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Raven62's avatar - binary
New Jersey
United States
Member #17843
June 28, 2005
49835 Posts
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Posted: December 23, 2006, 12:38 pm - IP Logged

Considering their MM Sales=$2,971,126

  • 5+0 00,004x$40,852=$163,408
  • 4+1 00,004x$11,141=$044,564
  • 4+0 00,253x$00,117=$029,601
  • 3+1 00,189x$00,179=$033,831
  • 3+0 12,702x$00,005=$063,510
  • 2+1 03,117x$00,011=$034,287
  • 1+1 18,385x$00,003=$055,155
  • 0+1 33,800x$00,002=$067,600
  • Total=68,454 Total Payout=$491,956

A mind once stretched by a new idea never returns to its original dimensions!

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
    Member #1
    May 31, 2000
    23277 Posts
    Online
    Posted: December 23, 2006, 12:41 pm - IP Logged

    Hopefully you're using the excellent Drawing Information page at USA Mega.  If so, you'd see if you hit "previous drawing", the prior drawing 5+0 won one person $530,444.

     

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

     

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

      Raven62's avatar - binary
      New Jersey
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      Posted: December 23, 2006, 1:09 pm - IP Logged

      The 4 California 5+0 Winners didn't make out so well this time:

      They got to split $163,408 4 ways!

      Total California MM Payout was 16.56% of Sales!

      A mind once stretched by a new idea never returns to its original dimensions!

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        California
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        Member #46824
        October 1, 2006
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        Posted: December 23, 2006, 1:18 pm - IP Logged

        The 4 California 5+0 Winners didn't make out so well this time:

        They got to split $163,408 4 ways!

        Total California MM Payout was 16.56% of Sales!

        Raven62...don't forget California had to send 31.8% of sales to the jackpot fund.  Makes total payout 47.56% of sales.

          Raven62's avatar - binary
          New Jersey
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          June 28, 2005
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          Posted: December 23, 2006, 1:30 pm - IP Logged

          Raven62...don't forget California had to send 31.8% of sales to the jackpot fund.  Makes total payout 47.56% of sales.

          No wonder California MM Sales are low for a State with a Population of 35,000,000+.

          A mind once stretched by a new idea never returns to its original dimensions!

            Todd's avatar - Cylon 2.gif
            Chief Bottle Washer
            New Jersey
            United States
            Member #1
            May 31, 2000
            23277 Posts
            Online
            Posted: December 23, 2006, 4:04 pm - IP Logged

            The 4 California 5+0 Winners didn't make out so well this time:

            They got to split $163,408 4 ways!

            Total California MM Payout was 16.56% of Sales!

            I agree, it is a double-edged sword, but looking at it from on objective vewpoint, you'd have to conclude that people have won more than the $250,000 most of the time.

            However, I cannot imagine what it must be like for those four people, to have surpassed tremendous odds to win a 5+0, only to win about $40,000.  I would not be complaining,  to be sure, but the fact that you could have won $210,000 more than that in a different state playing the same numbers is a heartbreaker.

            Then you see other players winning more than $1 million for a 5+0 in other drawings.  All things considered, I like California's pari-mutuel Mega Millions prizes.

             

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

             

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