Poll: raffle or scratcherPrev TopicNext Topic

• Coin Toss

  

  Zeta Reticuli Star System
  United States
  Member #30,469
  January 17, 2006
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  Sep 6, 2012, 11:39 pm

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  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. So many systems, so many theories, so few jackpot winners. 

  

  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

  

  100

  The Hall Of The Mountain Kings Tennessee
  United States
  Member #73,902
  April 28, 2009
  15,378 Posts
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  Sep 6, 2012, 11:59 pm

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  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.
• mcginnin56

  United States
  Member #111,437
  May 25, 2011
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  Sep 7, 2012, 6:05 am

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

  

  adelaide sa
  Australia
  Member #37,135
  April 11, 2006
  3,341 Posts
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  Sep 7, 2012, 6:37 am

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  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.

  " Still swinging, still missing "
  2014 = -1016; 2015= -1409; 2016  = -1171; 2017 = -1257 ; 2018 = - 1380 =  TOT =  - 6233

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  :
• LottoGuyBC

  

  British Columbia
  Canada
  Member #116,096
  September 4, 2011
  4,034 Posts
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  Sep 7, 2012, 1:56 pm

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  $20,000 a week for 20 years

  "You have to be in it to win it!"
• Coin Toss

  

  Zeta Reticuli Star System
  United States
  Member #30,469
  January 17, 2006
  11,788 Posts
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  Sep 7, 2012, 3:21 pm

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  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. So many systems, so many theories, so few jackpot winners. 

  

  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

  

  Egg Harbor twp.south Jersey shore
  United States
  Member #112,963
  June 29, 2011
  4,160 Posts
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  Sep 7, 2012, 7:58 pm

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  In response to Coin Toss

  Quote: Originally posted by Coin Toss on Sep 6, 2012

  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

  

  nc
  United States
  Member #99,516
  October 26, 2010
  381 Posts
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  Sep 7, 2012, 8:31 pm

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  You usually get one check a year.
• CDanaT

  

  Central TN
  United States
  Member #121,187
  January 4, 2012
  7,758 Posts
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  Sep 8, 2012, 8:12 am

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

  Si vis pacem, para bellum.