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Poll: raffle or scratcher

Topic closed. 8 replies. Last post 4 years ago by CDanaT.

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$20 raffle ticket or $20 scratcher

$20,000 a week for 20 years [ 8 ]  [50.00%]
Raffle [ 6 ]  [37.50%]
Other [ 2 ]  [12.50%]
Total Valid Votes [ 16 ]  
Discarded Votes [ 1 ]  
Coin Toss's avatar - shape barbed.jpg
Zeta Reticuli Star System
United States
Member #30470
January 17, 2006
10347 Posts
Offline
Posted: September 6, 2012, 11:39 pm - IP Logged

What's better between these two?

Illinois has a new $20 scratcher, 20 X 20. the top prize is $20,000 a week for 20 years.

The raffle is usually a $20 ticket for a shot at one $1,000,000 prize.

I don't know how many prizes are going to be awarded on the scratcher, it's so mew it's not posted on the remaining Prizes page of the Illinois Lottery website yet.

The raffle is usually run selling 500,000 tickets and awarding four $1,000,000 prizes and about 500 lower prizes. It comes out to 509 winners and 499,491 losers.

I'd just like to know what people here think is the better shot for $20.

Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

Lep

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

    rdgrnr's avatar - walt
    Way back up in them dadgum hills, son!
    United States
    Member #73904
    April 28, 2009
    14903 Posts
    Offline
    Posted: September 6, 2012, 11:59 pm - IP Logged

    I have horrendous luck with scratchers so I would go with the Raffle.

    Not that I've ever had good luck with a Raffle though either.

    But over the years I've bought more scratchers than raffle tickets and never won jacksquat worth mentioning.


      United States
      Member #111442
      May 25, 2011
      6323 Posts
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      Posted: September 7, 2012, 6:05 am - IP Logged

      Why pick? I would get both, and win both.

        savagegoose's avatar - ProfilePho
        adelaide sa
        Australia
        Member #37136
        April 11, 2006
        3300 Posts
        Offline
        Posted: September 7, 2012, 6:37 am - IP Logged

        i have always had a hard time with the fact the winner could already have been sold, and im still buying tickets like a sucker.

        i just cant do scratchers. you may have seen from my sig stats, i rearely buy scratchers. i only started that lot as there was a brand new monopoly based one out and i wanted to try it.

        i preffer the raffles much better.  but i would make them more generous, and more on an investment prize draw,. like uk premium bonds.

        although in these low intererst times, the prize bonds are next to usueless.

         

        say 1 mill people buy $100 tickets.

        ea 2 months, 1 prize winner $500k, 1 winner, 250k 1 winner 100k.

        as its state investment bonds make it tax free.

        cha ching gov has $100m invested, and has to pay out

        850k x 6.  5.1m a year. 5.1%

         

        i guess interest rates are too low,. gov could borrow for less. but sure would be popular amongst the winners.

        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

          LottoGuyBC's avatar - Lottery-050.jpg
          British Columbia
          Canada
          Member #116101
          September 4, 2011
          4033 Posts
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          Posted: September 7, 2012, 1:56 pm - IP Logged

          $20,000 a week for 20 years Thumbs Up

          "You have to be in it to win it!"

            Coin Toss's avatar - shape barbed.jpg
            Zeta Reticuli Star System
            United States
            Member #30470
            January 17, 2006
            10347 Posts
            Offline
            Posted: September 7, 2012, 3:21 pm - IP Logged

            Between these two games it comes out to throwing $20 at $1,000,000 once as opposed to $20,800,000 over the course of 20 years. Given the same buy-in I think I'd go with LottoGuyBC above.

            Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

            Lep

            There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

              haymaker's avatar - Lottery-012.jpg
              Egg Harbor twp.south Jersey shore
              United States
              Member #112968
              June 29, 2011
              3854 Posts
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              Posted: September 7, 2012, 7:58 pm - IP Logged

              What's better between these two?

              Illinois has a new $20 scratcher, 20 X 20. the top prize is $20,000 a week for 20 years.

              The raffle is usually a $20 ticket for a shot at one $1,000,000 prize.

              I don't know how many prizes are going to be awarded on the scratcher, it's so mew it's not posted on the remaining Prizes page of the Illinois Lottery website yet.

              The raffle is usually run selling 500,000 tickets and awarding four $1,000,000 prizes and about 500 lower prizes. It comes out to 509 winners and 499,491 losers.

              I'd just like to know what people here think is the better shot for $20.

              Coin toss,

              I also don't know which is better, 20Gs a week sounds good.

              I picked 20 for 20

              I'm a conservative spender so i could retire, have a hell of a good time and it would still accumulate.

              would you get a check every wk. or 1 a year ?

              wk. = $20,000

              yr.1mil. +  thats pretax of course.

              Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                zinniagirl's avatar - flower avatar_0026.jpg
                nc
                United States
                Member #99520
                October 26, 2010
                375 Posts
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                Posted: September 7, 2012, 8:31 pm - IP Logged

                You usually get one check a year.

                  CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
                  TX
                  United States
                  Member #121193
                  January 4, 2012
                  1637 Posts
                  Offline
                  Posted: September 8, 2012, 8:12 am - IP Logged

                  Gotta stick with the 20K for 20 yrs on this one......minus Uncle Sam's cut...should help with the mortgageApprove

                  Stay Positive, Believe and good things will come your way