|Posted: September 6, 2015, 6:45 pm - IP Logged|
If you read the article, in a round about way, they said there's poor "coverage".
Coverage means the amount of six number combinations that are "covered" or bought by players.
Lotto's odd's are 45 million to 1. That means there are 45 million different/possible combinations of six numbers in a matrix of numbers 1 thru 59. (Lotto's current matrix)
So for there to be a 50/50 chance of the JP being won, 22.5 million of the 45 million possible combinations must be sold. (22.5 million different combo's would be covered)
There is no way the NY lottery is selling that many different combo's per drawing. So the coverage is poor. If they sell 11 million different combo's ($5,500,000 in sales) then 25% of them are covered and 75% are uncovered or unsold. That means there's 75% chance that a JP will not be won. In a different forum here at The Lottery Post, Yellowpig noted that Lotto's ticket sales per drawing is $1,000,000. That's not even 10% coverage. More than 90% of the possible combinations are not sold. Is it any wonder the JP has not been won in more than eight months??
Why is the coverage so poor? Because players have voted with their dollars and given up on Lotto. They're playing other games with better odds and hardly buying any tickets for Lotto.
If that isn't a clear enough message to The NY State Lottery to do something about Lotto, then I don't know what is. There is no "new news" in this post. The NYS Lottery is well aware of all of what I wrote above. Yet they do nothing to fix the situation/problem.
About playing the lottery -- You will lose more than you win. Until you hit a jackpot. Then everything changes!