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.
Sunday, February 17, 2008
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