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75 % payout question

Topic closed. 8 replies. Last post 5 years ago by B$Rizzle.

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steph219121's avatar - Lottery-029.jpg
Dayton OH
United States
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March 18, 2012
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Posted: April 5, 2012, 11:01 am - IP Logged

Are all $10 and $20 scratchers have a 75% payout rate? I am in Ohio not sure if that makes a difference or not!

Lucky Lady O-H-I-O

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    Pennsylvania
    United States
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    April 9, 2011
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    Posted: April 5, 2012, 11:54 am - IP Logged

    Are all $10 and $20 scratchers have a 75% payout rate? I am in Ohio not sure if that makes a difference or not!

    Never golt a 10/20 roll, but the store owner told me it is 50% at minimum here in PA. He says a guy buys them alot and usually returns $290-$320ish on a $600 roll unless he gets a $500+ win

      James1's avatar - 5599078405 12a562a9e7_t.jpg
      Florida
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      January 14, 2011
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      Posted: April 5, 2012, 2:56 pm - IP Logged

      Try 30% or so in Florida

      2014 Highest Winner: $500

        mrsinful's avatar - gambling problem.jpg
        South Carolina
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        November 5, 2008
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        Posted: April 5, 2012, 7:22 pm - IP Logged

        Are all $10 and $20 scratchers have a 75% payout rate? I am in Ohio not sure if that makes a difference or not!

        I can't speak for ohio , but if they have the payout percentage listed

        under complete odds it is normally inluding the top prizes. This makes it

        look better to you than it is when looking at say buying a whole roll. I looked

        at the $20.00 $150 million blockbuster and it says 75 percent payout , but that

        would include the 8 top prizes of $2 million at the 100 k a year for 20 years. (  3 remain ) .

        So all im saying is if you were to get a roll for example you normally would not get 75 percent

        of your money back. Unless you got really lucky. Hope this helps and good luck. Smile

        Rehab is for quitters.

          steph219121's avatar - Lottery-029.jpg
          Dayton OH
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          March 18, 2012
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          Posted: April 5, 2012, 8:15 pm - IP Logged

          Thanks for the info.

          Lucky Lady O-H-I-O

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            Fairfax, VA
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            March 18, 2012
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            Posted: April 5, 2012, 10:21 pm - IP Logged

            VA $20 rolls are usually 50-60%

              mrsinful's avatar - gambling problem.jpg
              South Carolina
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              November 5, 2008
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              Posted: April 5, 2012, 10:35 pm - IP Logged

              Thanks for the info.

              You are very welcome and good luck.

              Rehab is for quitters.

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                San Diego
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                Posted: April 14, 2012, 10:46 pm - IP Logged

                The key difference here is the expected return for the entire game versus expected return of a random pack. Here in CA, the high level games appear to return around 66% overall to the players but based on the winning tickets that you are likely to actually see, the return is around 40%. The top tier for many games here have between 10-20% of the prize pool, but only like .00008% of the tickets. This is why so many people start raging when they buy packs and get a far lower return than they what they have been told to expect. It's a fine print issue, but one well worth paying attention to.

                  B$Rizzle's avatar - a4leds
                  The Ville, FL
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                  August 19, 2010
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                  Posted: April 18, 2012, 12:44 pm - IP Logged

                  Try 30% or so in Florida

                  This is why I stay away from rolls. I could go out and cherry pick $300 bux worth of random $10 & $20 tickets and get a decent amount back (Usually). Maybe even get a good $500 win and be ahead

                   

                  I typically will spend $100 max and scratch them and see what kind of return I get. If I do crappy I will maybe buy 1-2 more and try and win some back. If I score a good win, I'll usually stop and only spend some of my winnings. My goal is always to stay ahead of at very least break even.

                   

                  To me, spending $600-$1,000 on a roll of $10 or $20's is just too risky because you are gauranteed many losers in that roll. If I pick up randoms from many stores, at least I know im not gauranteed losers.

                   

                  I know everyone has different opinions on this, but that is just the way I play.

                   

                  There is really no right or wrong way. Its all personal preference