Friday, July 11, 2008

Who Are the Big Winners?

When I hear about an individual buying a last minute quick on the big jackpot draw with their spare change and miraculously winning the big one, it makes me wonder. Not that this hasn't happened in the past because it has. My question is: Do individuals who buy a quick pick win more often than those who play in a lottery group? What are the stats on this? More likely players in groups win more often than individuals because they have more chances to win and when their numbers come up they win more prizes especially if they are using the Lotto Fun Lotto Game guaranteed wheeling systems. This raises more questions. Could it be that some groups using strategies to play large systems designate a group member to cash in the winning ticket on behalf of the lottery group? Is there fairness by letting groups purchase large numbers of tickets? In my opinion, yes, because if the game is totally random in picking the winning numbers, each ticket has an equal chance of winning. Of course the more tickets played the slightly better your chances of winning. That's the advantage of group play. I plan to research this to see if the stats verify my opinion about this. That is, if such stats exist and whether or not I can find them on the Internet. I'll get back to you about it. In the meantime, if you have an opinion about this or know where I can find the stats about this, please let me know. Good luck and play small to win big with the Lotto Fun Lotto Game.

Tuesday, March 25, 2008

Lottery Winner Must Pay Child Support Before Collecting Winnings!

Irresponsible fathers need to pay the child support owing to their kids before being allowed to collect their lottery winnings. There is no excuse for an able-bodied individual, who is gainfully employed, for not paying their child support payments. Anyone who brings children into the world must accept responsibility for supporting, nurturing, and raising them. For example, Ohio has the right idea by forcing a lottery winner to pay $50,569.00 child support before he gets his winnings. According to court records, Kelvin D. Bostelman failed to pay the child support owing to his children even though he was gainfully employed as an electrician and drywaller. The records show that Bostelman has a history of being in trouble with the law from 1999 to 2004 for not making child support payments. Bostelman, who won $7.5 million in the Ohio Lottery’s Ohio Millionaire instant game, must pay his four children, ages 13-19, from two women, the monies owing them in unpaid child support before he receives any of the 30 annual payments of $250,000.00. Actually the payments are $172,500.00 per year after the mandatory 31 percent federal and state withholding tax. The money owing will be deducted off Bostelman’s first annual installment and forwarded to the Lucas County Child Support Agency and distributed to his children. It’s a good thing lottery winners must declare overdue child support and unpaid taxes when they claim prizes. Hats off to the Lucas County prosecutor, the Ohio Lottery Corporation and to Ohio state law for setting things right by making sure the children are taken care of. This should be standard practice for any lottery winnings, that is, pay child support before collecting any lottery winnings. I’ll bet it was definitely a learning experience for at least one lottery player.

Sunday, February 17, 2008

Odds of Winning Prizes in Lotto 649

The jackpots are bigger more often but the odds of winning aren't. Since the Lottery Corporation increased the cost of a lottery ticket from $1.00 to $2.00 the jackpots are larger and occur more often but players are no better off in terms of the odds of winning. The odds have pretty much remained the same and the only difference is they're added a $5.00 prize if 2 of 6 numbers are matched. So, what are the odds of winning since the cost and the game has changed? The odds of winning any prize in the Lottery 649 is 1:32. Otherwise the odds remain the same: match 2 of 6 odds 1:81, match 3 of 6 odds 1:57, match 4 of 6 odds 1:1032, match 5 of 6 odds 1:55 491, match 5 of 6 + Bonus odds 1:2 330 636 and match 6 of 6 odds 1:13 983 816. Match 4 of 6 to share 9% of the pools funds, match 5 of 6 to share 4.75% of the pools funds, match 5 of 6 + Bonus to share 5.75% of the pools funds and match 6 of 6 to win or share the jackpot which is really 80.5% of the pools funds.

What should be done to improve the players odds of winning more prizes? The solution seems easy enough. Restructure the game to increase the players odds of winning more smaller prizes in the 3 of 6 and 4 of 6 prize categories. This would most likely increase their ticket sales because players would tend to win more prizes and therefore more likely buy more tickets. As in any lottery the odds are greatly stacked against the player and it would be nice to level the playing field somewhat. Until then, try using the Lotto Fun Lotto Game at www.playlottofun.com as a means to improving your odds of winning more prizes. Good luck and play small to win big!

What are your thoughts about this? Please let me know, I'd be glad to hear what you have to say.

Wednesday, January 2, 2008

Thanks for Nothing!

Exactly that! Nothing! We have a birthday club at our workplace. Each staff member has a turn bringing a birthday cake, card, and some small gift. We gather in the staff room to sing happy birthday and share cake and fellowship. When it was my turn to supply the cake, etc. I included several quick pick 649 lottery tickets in the card. My female colleague all too gladly accepted the cake, card, and lottery tickets. I gave her the gift in good faith and wished her good luck on her tickets for the upcoming 649 draw. Some months later it was my birthday and the same lady returned the favor. For my birthday she brought the usual birthday cake,card and enclosed several 649 quick picks in the card. Everyone was gathered in the staff room as usual. I thanked her for the cake, card and tickets. No sooner than I'd done so, her friend seated next to me said,"I wouldn't thank her just yet if I were you, read the date on the tickets." I did. I couldn't believe it! She'd given me used tickets that she'd bought and checked after the draw. The whole thing was very embarrassing for me. Most people on staff had a good laugh. Others thought it was in bad taste and let her know it. I also let her know that I didn't think much of what she did. She explained that she'd bought the tickets to give to me but her husband, an accountant, told her never to buy anyone else a lottery ticket because he/she just might win. I told her that if that was the case, she simply shouldn't have given me the tickets at all and that I appreciated the card and cake.

Isn't this a trifling matter? Yes and no. If the ticket doesn't win or if the prize is small, then there's usually no problem. But if the ticket turns out to be a jackpot winner, you could have a sticky situation on your hands or at very least, an embarrassing one. However, when you give a ticket to someone as a gift, or vice versa -- a gift is a gift. Each person owes the other nothing if it's a winning ticket. The person who received the winning ticket as a gift could chose not to share some of his/her winnings in which case, the person who gave the ticket could say,"Thanks for nothing!" On the hand, if the ticket turned out to be a big winner, then sharing some of your good fortune would be the right thing to do. At least that's what I'd do because the person was showing generosity and good will in giving you the ticket. These are my thoughts about the situation. It was a definitely learning experience.