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prize pool allocations

Topic closed. 2 replies. Last post 6 years ago by savagegoose.

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savagegoose's avatar - ProfilePho
adelaide sa
Australia
Member #37136
April 11, 2006
3301 Posts
Offline
Posted: January 29, 2011, 12:21 pm - IP Logged

just saw a pdf with the allocations of prize money to diff divisions here in australia.

http://www.goldencasket.com/results/_inc/Prize_Pools_All_Brands_19aug10.pdf

 

what interests me is the way lower allocations to 2nd div, and the pools, my favorite game with a wopping %65 to div 1.

i really dont see why they cant divvy up the cash on an equal basis, ie %20 per rize division.

if i can ill copy n paste the charts here

pools

Division  Percentage
Division 1  65.0%
Division 2  2.0%
Division 3  6.0%
Division 4  15.0%
Division 5  12.0%

 

saturday

its changed and isnt posted ot website yet, as theres a 6th division 1or2 + 2 bonus balls

 

powerball

Division  Percentage
Division 1  40.0%
Division 2  12.9%
Division 3  5.9%
Division 4  4.6%
Division 5  2.6%
Division 6  11.7%
Division 7  22.3%

oz lotto 7/45

Division  Percentage
Division 1  40.0%
Division 2  1.7%
Division 3  3.5%
Division 4  1.8%
Division 5  2.1%
Division 6  24.0%
Division 7  26.9%

2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

    RJOh's avatar - chipmunk
    mid-Ohio
    United States
    Member #9
    March 24, 2001
    19831 Posts
    Offline
    Posted: January 29, 2011, 1:57 pm - IP Logged

    powerball

    Division  Percentage
    Division 1  40.0%
    Division 2  12.9%
    Division 3  5.9%
    Division 4  4.6%
    Division 5  2.6%
    Division 6  11.7%
    Division 7  22.3%

    What you still don't know is the percentage of sales going into the prize pool.   In the U.S. PowerBall game, 32% of sales goes toward the jackpot.  Since states put approximately 50% of sales into the prize pool, that means 64% of the prize pool goes toward the jackpot.

     * you don't need to buy more tickets, just buy a winning ticket * 
       
                 Evil Looking       

      savagegoose's avatar - ProfilePho
      adelaide sa
      Australia
      Member #37136
      April 11, 2006
      3301 Posts
      Offline
      Posted: January 30, 2011, 2:24 pm - IP Logged

      oh ill go find the % of ticket purchases spent back on prizes, i stumbled upon this link, but im sure ive seen the other info

      its in separate pdf's

      for our powerball, but all except pools are same, %60 the pools puts %50 of ticket of purchases to prizes

      10.2. 60% of the total entry fees received for each draw (or such greater amount as
      SA Lotteries determines) will be allocated as the prize pool.

      so 24c on every dollar bet on powerball  goes to jackpot

      2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

      keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297