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Is this strange

Topic closed. 10 replies. Last post 3 years ago by LottoMetro.

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boston,ma
United States
Member #150102
December 15, 2013
112 Posts
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Posted: January 25, 2014, 2:11 pm - IP Logged

Here in Massachusetts, we have a game called "Lucky for life" where the jackpot is winning $1,000.00 a day for life. 2nd prize is $25,000.00 a year for life. However, there were only 3 2nd prize winners(2 in october and 1 in sept.) but not one person hit the jackpot in 2013. In the entire year, not one person hit the jackpot. Anyone think this is strange or pretty normal? To me, I would assume someone would've hit it at least once.

    LottoMetro's avatar - Lottery-024.jpg
    Happyland
    United States
    Member #146344
    September 1, 2013
    1129 Posts
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    Posted: January 25, 2014, 2:23 pm - IP Logged

    Here in Massachusetts, we have a game called "Lucky for life" where the jackpot is winning $1,000.00 a day for life. 2nd prize is $25,000.00 a year for life. However, there were only 3 2nd prize winners(2 in october and 1 in sept.) but not one person hit the jackpot in 2013. In the entire year, not one person hit the jackpot. Anyone think this is strange or pretty normal? To me, I would assume someone would've hit it at least once.

    The odds for that game are 1 in 41,391,714 so I would say pretty normal if sales per draw are low. I have seen jackpots with lower odds go without a winner longer (i.e. Ohio Classic). Would really need the sales figures to calculate significance

    If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
    If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

    2016: -48.28% (13 tickets) ||
    P&L % = Total Win($)/Total Wager($) - 1

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      NASHVILLE, TENN
      United States
      Member #33372
      February 20, 2006
      1044 Posts
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      Posted: January 25, 2014, 2:27 pm - IP Logged

      My first thought was this had to be a RNG lotto.  Glad to see I was wrong.

      Hang in there.  Perhaps you will win it one day soon.

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        United States
        Member #34931
        March 9, 2006
        98 Posts
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        Posted: January 25, 2014, 3:48 pm - IP Logged

        In a Las Vegas slot machine context . . https://www.google.com/#q=mgm+Lion%E2%80%99s+Share+machine

          RedStang's avatar - tallman zps6gf4inoc.jpg
          NY
          United States
          Member #121961
          January 21, 2012
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          Posted: January 25, 2014, 3:59 pm - IP Logged

          It's surprising no one hit because i see people play including myself.

            maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
            Massachusetts
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            Member #37433
            April 14, 2006
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            Posted: January 25, 2014, 5:15 pm - IP Logged

            L4L 

            MATCHPROBABILITYTOP PRIZE
            5 + Lucky Ball1 in 41,391,714 ***$7,000 a WEEK for LIFE! ***
            51 in 985,517 **$25,000 a YEAR for LIFE! **
            4 + Lucky Ball1 in 217,851.1 *$3,000 *
            41 in 5,186.9$150
            3 + Lucky Ball1 in 5,887.9$100
            31 in 140.2$10
            2 + Lucky Ball1 in 490.7$20
            21 in 11.7$2
            1 + Lucky Ball1 in 112.2$5
            0 + Lucky Ball1 in 82.5$4

              Those are horrendous odds for a $2 ticket for only one line. Even for the second prize. I play it like once a year when I get that false signal and happen to be at the store and have $2 with me.

            That money's gone fo ever

              psykomo's avatar - animal shark.jpg

              United States
              Member #4877
              May 30, 2004
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              Posted: January 25, 2014, 5:35 pm - IP Logged

              L4L 

              MATCHPROBABILITYTOP PRIZE
              5 + Lucky Ball1 in 41,391,714 ***$7,000 a WEEK for LIFE! ***
              51 in 985,517 **$25,000 a YEAR for LIFE! **
              4 + Lucky Ball1 in 217,851.1 *$3,000 *
              41 in 5,186.9$150
              3 + Lucky Ball1 in 5,887.9$100
              31 in 140.2$10
              2 + Lucky Ball1 in 490.7$20
              21 in 11.7$2
              1 + Lucky Ball1 in 112.2$5
              0 + Lucky Ball1 in 82.5$4

                Those are horrendous odds for a $2 ticket for only one line. Even for the second prize. I play it like once a year when I get that false signal and happen to be at the store and have $2 with me.

              MGM:

                     PartyLottery and LUV is "strange" Party

                                           ??????Jack-in-the-Box??????

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                United States
                Member #94616
                July 24, 2010
                4735 Posts
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                Posted: January 25, 2014, 6:28 pm - IP Logged

                L4L 

                MATCHPROBABILITYTOP PRIZE
                5 + Lucky Ball1 in 41,391,714 ***$7,000 a WEEK for LIFE! ***
                51 in 985,517 **$25,000 a YEAR for LIFE! **
                4 + Lucky Ball1 in 217,851.1 *$3,000 *
                41 in 5,186.9$150
                3 + Lucky Ball1 in 5,887.9$100
                31 in 140.2$10
                2 + Lucky Ball1 in 490.7$20
                21 in 11.7$2
                1 + Lucky Ball1 in 112.2$5
                0 + Lucky Ball1 in 82.5$4

                  Those are horrendous odds for a $2 ticket for only one line. Even for the second prize. I play it like once a year when I get that false signal and happen to be at the store and have $2 with me.

                WOW that is a BIG jump in odds from 2nd to Jackpot! No Nod

                  maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
                  Massachusetts
                  United States
                  Member #37433
                  April 14, 2006
                  2747 Posts
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                  Posted: January 25, 2014, 8:43 pm - IP Logged

                  WOW that is a BIG jump in odds from 2nd to Jackpot! No Nod

                  Yes. I wish I lived closer to the NY border so I could play NY Lotto. This L4L is for the really ambitious.

                  That money's gone fo ever

                    mediabrat's avatar - 18z0typ
                    upstate NY
                    United States
                    Member #108791
                    March 31, 2011
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                    Posted: January 26, 2014, 12:25 am - IP Logged

                    It is odd that L4L has so few winners given that it's played all throughout New England, not just Massachusetts.  It's probably like NY's Sweet Million:  They don't get enough players to regularly have a jackpot winner, but they DO get enough players that they're making money.  It's that sweet spot that makes it worth continuing the game from the lottery's perspective.

                      LottoMetro's avatar - Lottery-024.jpg
                      Happyland
                      United States
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                      September 1, 2013
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                      Posted: January 26, 2014, 1:15 am - IP Logged

                      Here in Massachusetts, we have a game called "Lucky for life" where the jackpot is winning $1,000.00 a day for life. 2nd prize is $25,000.00 a year for life. However, there were only 3 2nd prize winners(2 in october and 1 in sept.) but not one person hit the jackpot in 2013. In the entire year, not one person hit the jackpot. Anyone think this is strange or pretty normal? To me, I would assume someone would've hit it at least once.

                      Based on my estimates it looks like they only sell about 300,000-400,000 tickets per drawing, sometimes fewer but the average would be about 350,000. Using a 'high' estimate of 400,000 per drawing, it would take about 75 draws before the cumulative probability topped 50/50 and over 1,000 draws before it reaches 1.00 (sure thing of a winner). Even if my estimates are wayyyyy off and they sell 3 million/drawing....it would still take nearly 140 drawings for it to be a sure thing.

                      If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
                      If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                      2016: -48.28% (13 tickets) ||
                      P&L % = Total Win($)/Total Wager($) - 1