|Posted: January 18, 2013, 4:34 pm - IP Logged|
Heard Tuesday the 8th they will be out. Plan to get some and thats it. My new plan is outside of Tuesday to play $20 each Friday(whether it be 1 $20 ticket or 20-$1 tickets) and stick to it.
Go for the one $20 ticket! I know it may be less fun, but the payoffs will be significantly higher. As a fellow PAer, I have done analyses on all the scratch-off tickets.
-The expected value for one $20 ticket ranges from $14.63 ($100 Million cash extravaganza) to $15.21 (Platinum Millions [best EV in the state]).
-The EV for 20 $1 tickets ranges from $12.10 (20 x "7-11-21") to $12.90 (20 x "royal riches").
By buying $20 tickets, you stand to make 19% more money! For more scratch-off data, check out my website in my profile.
PS - my personal favorite PA ticket is $250,000 a year for life