Which one will have better odds of winning?Prev TopicNext Topic

• jaggudada

  

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  Feb 6, 2013, 8:58 pm

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  NY Sweet million has odds of winning top prize is 1:3.8 million.

  $5 scratch lotteries have odds of winning 1:3.8 million.

  Is it better to play 5 games of NY SM as opposed to one scratch lottery?  I know scratch lottery generally have lot of smaller prizes. Assuming you are not interested in small prizes/
• rdgrnr

  

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  The Hall Of The Mountain Kings Tennessee
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  Feb 6, 2013, 9:01 pm

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  With Sweet Million, you know the prize is gonna be there.

  With scratchers you don't.
• Boney526

  

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  Feb 6, 2013, 10:58 pm

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  You can buy 5 tickets for the sweet millions for the same price.  So the odds per 5 dollars spent would be 5 in 3.8 million, which is better.

   

  Assuming that all you care about is the chance to win a large prize, then I'd say that the sweet millions is preferable, but it probably has a lower overall expected return that the scratch offs.

   

  I'd say if your intent on playing to try to win a large amount, buy the occasional lotto ticket, rather than scratch off.  You get about the same odds of a giant win, at a lower price, with the trade off being less small prizes and less expected return.
• jaggudada

  

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  Feb 7, 2013, 7:14 am

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  but it probably has a lower overall expected return that the scratch offs.

  how so? can you expand?
• sully16

  

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  Ringleader

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  Feb 7, 2013, 7:41 am

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  In response to rdgrnr

  Quote: Originally posted by rdgrnr on Feb 6, 2013

  With Sweet Million, you know the prize is gonna be there.

  With scratchers you don't.

  Thats what I would pick

   
• dallascowboyfan

  

  Oklahoma
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  Feb 7, 2013, 8:42 am

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  Sweet Millions.....

  I Love Pink & Green 1908