New NY Lotto 59 in March-will it still be a ripoff?Prev TopicNext Topic

• CASH Only

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  Jan 3, 2007, 3:55 pm

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  I read today in the NY Daily News that in two months, NY Lotto 59, currently the world's biggest ripoff™, will be adding a $2 option. That would give players a SECOND bonus ball.

  I almost certainly expect the ridiculously low payout to remain at a maximum of 40%.
• JimmySand9

  

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  Jan 3, 2007, 5:12 pm

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  In response to CASH Only

  Quote: Originally posted by CASH Only on Jan 3, 2007

  I read today in the NY Daily News that in two months, NY Lotto 59, currently the world's biggest ripoff™, will be adding a $2 option. That would give players a SECOND bonus ball.

  I almost certainly expect the ridiculously low payout to remain at a maximum of 40%.

  I'm thinking it will be 40% too, but I'll hold judgement until I see the actual details.

  (insert signature here)
• Just6ntlc

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  Jan 4, 2007, 1:16 am

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  It won't be a rip off CASH Only. If players match the bonus ball with a $2 option, that might help.
• JimmySand9

  

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  Jan 4, 2007, 4:20 pm

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  This isn't the only change NY is implementing.

  Daily News Article. 

  (insert signature here)
• CASH Only

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  Jan 4, 2007, 4:43 pm

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  In response to JimmySand9

  Quote: Originally posted by JimmySand9 on Jan 4, 2007

  This isn't the only change NY is implementing.

  Daily News Article. 

  The NY "raffle" will be a scratch game instead. Given it's the NY Lottery, I expect the "million-dollar" prizes to be annuity-only. Then again, if NY held a "true" raffle, the payout probably would be 40%.

  Even though I'm not a numbers player, I like the idea of winning for matching the "lump" sum of the three/four digits.

  As for Lotto Extra, I wonder what the four additional ways are. No US lottery game AFAIK has drawn two bonus balls.
• CASH Only

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  Feb 1, 2007, 10:32 am

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  In response to CASH Only

  Quote: Originally posted by CASH Only on Jan 4, 2007

  The NY "raffle" will be a scratch game instead. Given it's the NY Lottery, I expect the "million-dollar" prizes to be annuity-only. Then again, if NY held a "true" raffle, the payout probably would be 40%.

  Even though I'm not a numbers player, I like the idea of winning for matching the "lump" sum of the three/four digits.

  As for Lotto Extra, I wonder what the four additional ways are. No US lottery game AFAIK has drawn two bonus balls.

  I took a closer look at the expected prize amounts for Blotto Extra (I saw them in the same article before but was in a hurry.) The 5/6 and 4/6 (neither with bonus ball) will pay exactly double with Blotto Extra than without, meaning the NY Blotto/Blotto Extra payout will continue to be 40%.

  And now I read in today's (2/1) Journal News (White Plains, NY) that there is a proposal to reduce scratch prizes from 65% to 40% and Quick Draw from 60% to 40%. Do these lawmakers ever buy tickets?