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CA Lottery - California Love - CA Lottery Scratchers

Topic closed. 2718 replies. Last post 1 year ago by CAScratcher20.

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California
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Member #147209
September 25, 2013
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Posted: April 30, 2014, 1:21 pm - IP Logged

Wow, that was fast! Only around half a million tickets sold so far on a 1-in-4,000,000 prize.

OK, I know to stay away from $5 LL for a while till it catches up a bit. Wink

Yeah, that is just weird that the $5 LFL went so quickly.

    Jon D's avatar - calotterylogo
    Los Angeles, California
    United States
    Member #103813
    January 5, 2011
    1530 Posts
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    Posted: May 1, 2014, 8:21 am - IP Logged

    Yeah, that is just weird that the $5 LFL went so quickly.

    It does happen every so often. When a new game comes out and they flood the market with tickets, technically the 1st top prize could be found at any time.

    But where is the 2nd of 6 top prizes? Is it even in stores or still waiting to be distributed? Hmmm...

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      Member #154794
      April 29, 2014
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      Posted: May 1, 2014, 9:32 am - IP Logged

      Yesterday's sad results

      1-     1 ticket  Bonus Crossword $10 -0

      4-    4 tickets  20 Xs $5 -0

      2-     2 tickets  CA Life (new game ) $5 -0

       

      Not to mention no winner for Super Lotto.

      Unhappy

        mrcraft's avatar - images3lp4 zps7dbb4a10.jpg
        Los Angeles, California
        United States
        Member #149492
        December 2, 2013
        919 Posts
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        Posted: May 1, 2014, 12:38 pm - IP Logged

        It does happen every so often. When a new game comes out and they flood the market with tickets, technically the 1st top prize could be found at any time.

        But where is the 2nd of 6 top prizes? Is it even in stores or still waiting to be distributed? Hmmm...

        Probably sitting at their distribution centers.  I'd be very surprised if the second top prize is claimed before they reach 5-6 million in ticket sales, especially with the prize structure of this game.

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          Member #147165
          September 24, 2013
          507 Posts
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          Posted: May 1, 2014, 1:42 pm - IP Logged

          Yesterday's sad results

          1-     1 ticket  Bonus Crossword $10 -0

          4-    4 tickets  20 Xs $5 -0

          2-     2 tickets  CA Life (new game ) $5 -0

           

          Not to mention no winner for Super Lotto.

          Unhappy

          Welcome to the thread

          I got burned by Super Lotto Plus as well, surprised the JP is still lasting for clsoe to 5 months now.

            green sandals's avatar - bxvg
            Costa Mesa
            United States
            Member #150634
            December 27, 2013
            157 Posts
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            Posted: May 1, 2014, 3:48 pm - IP Logged

            Yesterday's sad results

            1-     1 ticket  Bonus Crossword $10 -0

            4-    4 tickets  20 Xs $5 -0

            2-     2 tickets  CA Life (new game ) $5 -0

             

            Not to mention no winner for Super Lotto.

            Unhappy

            Join the club beachbunny13.  For every winning day, I avg 5 losing days.  And the losing day amounts are usually greater than the winning day amounts.

            Playing for the big ticket W against long odds, this is the norm.

            96% of the time, this has been my relationship with CAlottery. Bash

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              Bay Area, California
              United States
              Member #154225
              April 8, 2014
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              Posted: May 1, 2014, 11:24 pm - IP Logged

              Join the club beachbunny13.  For every winning day, I avg 5 losing days.  And the losing day amounts are usually greater than the winning day amounts.

              Playing for the big ticket W against long odds, this is the norm.

              96% of the time, this has been my relationship with CAlottery. Bash

              After playing scratchers for about two months and spending approximately $2500 and only winning $2000 back (approximately, I don't keep records) I have concluded that scratchers are not for me.

              I don't plan to play again until the California lottery lowers their take by a significant amount. Even though I had more luck than most, I still lost hundreds of dollars in a short period of time due to the lottery taking 20-40 percent of every dollar I spent. Long term this is simply not acceptable to me. If scratchers had 90% return, I would be more inclined to play.

              I researched slot machines and learned they have a much lower house edge than scratchers, especially in the higher denominations, where you might average a 95% return on some machines. So I'm going to try my luck at the Bellagio, Aria and Cosmopolitan casinos in about two weeks playing $1 and $5 slots.

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                April 29, 2014
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                Posted: May 2, 2014, 9:11 am - IP Logged

                Dont you just love our relationship with California Lottery. lol

                I usually don't play games with really large odds. I am not a gambler by nature. I pay too much attention to the odds.

                 

                Someone was saying its better to buy tickets from a liquor store and not a 7-11 or chain store. 

                Could this be true ? Someone at a  local CVS won 25K on a scratcher.

                Or its pure lady luck on your side

                 

                Have a great weekend everyone

                  green sandals's avatar - bxvg
                  Costa Mesa
                  United States
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                  December 27, 2013
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                  Posted: May 2, 2014, 12:29 pm - IP Logged

                  Is my math off?

                  I was calculating the payback % for the new $10 LL game & came up with 86.9%.

                  This is higher than any other scratcher game (Old LFL & 5MJP are 2nd @ 78%). 

                  Tier 1 prize odds are still too high, IMO, but the payback looks a lot better than any other game.  Anyone else notice this?

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                    September 24, 2013
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                    Posted: May 2, 2014, 12:39 pm - IP Logged

                    Is my math off?

                    I was calculating the payback % for the new $10 LL game & came up with 86.9%.

                    This is higher than any other scratcher game (Old LFL & 5MJP are 2nd @ 78%). 

                    Tier 1 prize odds are still too high, IMO, but the payback looks a lot better than any other game.  Anyone else notice this?

                    If you look at the earlier thread Jon posted, all the calculations are done for LL $10.

                    It depends on how you calculate the top prize, $6,500,000 if weekly payouts are taken or $3,750,000 if lump sum is taken.

                    $10 tickets are always around 73% in general.

                      green sandals's avatar - bxvg
                      Costa Mesa
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                      December 27, 2013
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                      Posted: May 2, 2014, 12:44 pm - IP Logged

                      If you look at the earlier thread Jon posted, all the calculations are done for LL $10.

                      It depends on how you calculate the top prize, $6,500,000 if weekly payouts are taken or $3,750,000 if lump sum is taken.

                      $10 tickets are always around 73% in general.

                      Thanks for referencing me to Jon's post, CAScratcher20.

                        green sandals's avatar - bxvg
                        Costa Mesa
                        United States
                        Member #150634
                        December 27, 2013
                        157 Posts
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                        Posted: May 2, 2014, 1:07 pm - IP Logged

                        If you look at the earlier thread Jon posted, all the calculations are done for LL $10.

                        It depends on how you calculate the top prize, $6,500,000 if weekly payouts are taken or $3,750,000 if lump sum is taken.

                        $10 tickets are always around 73% in general.

                        Yeah, I was using the GP annuity value of $6,500,000 instead of the cash value of $3,250,000.

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                          United States
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                          September 24, 2013
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                          Posted: May 2, 2014, 2:05 pm - IP Logged

                          Yeah, I was using the GP annuity value of $6,500,000 instead of the cash value of $3,250,000.

                          Meant to say 73% return if the GP winner picks the lump cash value and 77.5% if the weekly prize is taken. With tax considerations, its best to do weekly and hope you live the next 25 years in good health.

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                            United States
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                            September 24, 2013
                            507 Posts
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                            Posted: May 2, 2014, 2:09 pm - IP Logged

                            Dont you just love our relationship with California Lottery. lol

                            I usually don't play games with really large odds. I am not a gambler by nature. I pay too much attention to the odds.

                             

                            Someone was saying its better to buy tickets from a liquor store and not a 7-11 or chain store. 

                            Could this be true ? Someone at a  local CVS won 25K on a scratcher.

                            Or its pure lady luck on your side

                             

                            Have a great weekend everyone

                            Most of the stories posted on the Winner Section got their winning tickets at 7-11's, CVS, and supermarkets.

                            Winners could come from anywhere, but liquor stores are the most competitive as Jon mentioned due to the ticket hawks.

                              mrcraft's avatar - images3lp4 zps7dbb4a10.jpg
                              Los Angeles, California
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                              December 2, 2013
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                              Posted: May 2, 2014, 2:30 pm - IP Logged

                              Meant to say 73% return if the GP winner picks the lump cash value and 77.5% if the weekly prize is taken. With tax considerations, its best to do weekly and hope you live the next 25 years in good health.

                              I think the biggest tax consideration for us in California after hopefully living a healthy 25 years is, "will California continue to exempt lottery winnings from state taxes for the next 25 years"?  I'm not so sure.  Also, there's the uncertainly with future Federal tax rates over that period.

                              New Jersey started to tax lottery winners for the first time in 2009, and they retroactively taxed winners that won lottery money prior to when the law went into effect (for that calendar year).  There's precedent for this kinda of stuff.

                                 
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