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NY Lotto

Topic closed. 23 replies. Last post 14 years ago by CASH Only.

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Is the 40% prize return TOO LOW?

Yes [ 12 ]  [92.31%]
No [ 1 ]  [7.69%]
Total Valid Votes [ 13 ]  
Discarded Votes [ 1 ]  

United States
Member #379
June 5, 2002
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Posted: April 24, 2003, 7:09 am - IP Logged
The NY Lotto game has the WORST prize return (40%) of any US lottery game, which explains why (even at two games for $1) matching three numbers wins only your dollar back, and that four numbers occasionally pays less than $20.

Virtually every US lottery game returns at least 50% to players.


    United States
    Member #1047
    January 17, 2003
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    Posted: April 24, 2003, 8:26 am - IP Logged

    Cash,





    Drop this nonsense already!  It's their game, NOT yours.  If the players feel the prize return is too LOW, they wouldn't play it.





    Now, the NY Lotto has been around for a very long time - 25 years.  Obviously, they are doing something wrong.





    People love the game so they're playing it.  They wouldn't play it if they felt differently.





    I suggest you move out of the NY state and go live in another great state like Massacusettes.

    Don't blow all your winnings in one place - Choose Annuity


      United States
      Member #379
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      Posted: April 24, 2003, 8:54 am - IP Logged
      AIG:

      I can't live in NY and Mass. at the same time, so, I might live in between (Connecticut) one day.


        United States
        Member #1047
        January 17, 2003
        348 Posts
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        Posted: April 24, 2003, 1:42 pm - IP Logged

        Cash,





        No matter where you go, you'll always hear ANNUITY

        Don't blow all your winnings in one place - Choose Annuity


          United States
          Member #379
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          Posted: April 24, 2003, 3:08 pm - IP Logged
          AnnuityIsSilenced:

          I'll go deaf before I choose annuity.

            RJOh's avatar - chipmunk
            mid-Ohio
            United States
            Member #9
            March 24, 2001
            19900 Posts
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            Posted: April 24, 2003, 4:49 pm - IP Logged

            Two winning tickets last night, so the $55M jackpot will be spilted. 





            RJOh


              United States
              Member #379
              June 5, 2002
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              Posted: April 26, 2003, 1:19 am - IP Logged

              Mega Millions needs a $200 million jackpot soon...so that nobody would want to play NY Lotto.

                RJOh's avatar - chipmunk
                mid-Ohio
                United States
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                March 24, 2001
                19900 Posts
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                Posted: April 26, 2003, 3:18 am - IP Logged

                It would nice to see a $100M megamillion jackpot, their jackpot aren't getting any higher than many state jackpots.  In Ohio a third of the time the State lottery has a bigger jackpot and Megamillion has not had the jackpot sizes that the lottery commission had hoped that would attract more players. 

                RJOh 


                  United States
                  Member #379
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                  Posted: April 27, 2003, 5:43 am - IP Logged

                  NY Lotto hit in two consecutive drawings. Still ONLY $3 million.


                    United States
                    Member #1047
                    January 17, 2003
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                    Posted: April 27, 2003, 3:45 pm - IP Logged

                    That's cause there are so MANY NY lotto players.

                    Don't blow all your winnings in one place - Choose Annuity


                      United States
                      Member #379
                      June 5, 2002
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                      Posted: April 27, 2003, 7:35 pm - IP Logged

                      Right, AIG...many former NY Lotto players.


                        United States
                        Member #379
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                        Posted: May 1, 2003, 5:42 am - IP Logged

                        ONLY $5 million with a rollover-despite $55 million last week.


                          United States
                          Member #1047
                          January 17, 2003
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                          Posted: May 1, 2003, 7:20 am - IP Logged

                          NY Lotto... Hey, you never know. 

                          Don't blow all your winnings in one place - Choose Annuity


                            United States
                            Member #379
                            June 5, 2002
                            11296 Posts
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                            Posted: May 1, 2003, 11:12 am - IP Logged
                            AIG:

                            Hey, you'll never know that NY Lotto is a     rip-off compared with other lottery games.


                              United States
                              Member #379
                              June 5, 2002
                              11296 Posts
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                              Posted: May 5, 2003, 9:19 am - IP Logged

                              Seven years ago (in the 6/54 game) two rollovers meant a jackpot of either $15m or $17m. Now, the second rollover brings the pot to only $7 million.