Be sure to jump to 37:44 for the Lotto story; and before I forget, thanks to TVsmurphman for posting this in the first place.
Friday, May 29, 2015
A little appetizer...
Be sure to jump to 37:44 for the Lotto story; and before I forget, thanks to TVsmurphman for posting this in the first place.
Wednesday, June 26, 2013
Less bang for your buck on Illinois Lotto (and a lot of other games).
This is not the first time Illinois Lotto went from two to one plays for $1. Back in 1997, Lotto went to a 6/48 with an all-cash jackpot (hence the tag line "All the Money, All at Once."); going to one play for $1 and adding a match three prize (a free $1 scratch-off). This was presumably a failure as a little more than a year later the game went back to two plays for a buck, with that format running to this day (though as previously mentioned, not for much longer). New York also did something similar to their Lotto around this time, going to a 6/51 with one play for $1. This was also a dud as they went back to a two for a buck format, the 6/59 currently running now (and knowing the New York Lottery, probably for another decade).
| The New York Lottery game development department. |
Canadians were the first to get this treatment back in 2004, when Lotto 6/49 went from a Loonie to a Toonie (aren't I the currency aficionado?). Aside from the new 2+Bonus prize, all the extra money went to the jackpot; the other lower tier prizes stayed exactly the same on average. To be fair, the 6/49 jackpots were pretty low compared to what they are now; but nothing extra for any of the other winners seems like a bit of a snow job.
| ...and the last thing Canadians need is another Snow Job. |
Oh, and before I forget, the British national Lotto is also due to go up to £2, or about US$3. So there's that, too. Getting rich quick isn't as cheap as it used to be.
Tuesday, December 25, 2012
Changes to Hot Lotto & Wild Card 2
The changes will happen on January 13th, and they will be pretty modest. The amount of white numbers will increase to 33 (up from 31). The minimum jackpot will also double to $200,000. But other than a few other prize increases to account for the longer odds, not much else is changing. The states offering the game will still be the small club it is now; you'll still get two plays for $1; drawings will still be Wednesday and Saturday; and the field of Wild Cards will still just consist of the 16 face cards. Here are the new prizes and odds:
| Match | Prize | Odds (per $1) | |
| 5+WC | Avg. $457,000 | 1:1,898,688 | |
| 5 | $6,000 | 1:126,579 | |
| 4+WC | $500 | 1:13,562 | |
| 4 | $30 | 1:904 | |
| 3+WC | $6 | 1:502 | |
| 3 | $2 | 1:33 | |
| 2+WC | $2 | 1:58 | |
| 1+WC | $1 | 1:19 | |
| WC Only | $1 | 1:19 | |
Overall Odds (per $1): 1:6.67
| |||
Later on this year, Hot Lotto will also be changing. That will happen, tenatively, on May 12th; and they'll be a bit more radical than the changes to Wild Card. While the game will still have the same draw days and the same price; the jackpot prize will look very different. Instead of being a 25-year annuity; the advertised jackpot will now be the lump sum amount, after taxes. The amount you see on the billboard (if Hot Lotto had billboards) would be what you'd actually get if you won.
But that jackpot will be a lot harder to win; three times harder, in fact; as the amount of white balls will increase from 39 to 47. However, the number of "Hot" balls will still stay at 19; so the overall odds of winning a prize won't increase much. The Sizzler will also stay, and will still triple all prizes. The new prize structure is as follows:
| Match | Prize | Odds (per $1) | |
| 5+HB | Avg. $5.7 mil* | 1:29,144,841 | |
| 5 | $30,000 | 1:1,619,158 | |
| 4+HB | $3,000 | 1:138,785 | |
| 4 | $100 | 1:7,710 | |
| 3+HB | $50 | 1:3,385 | |
| 3 | $6 | 1:188 | |
| 2+HB | $6 | 1:254 | |
| 1+HB | $3 | 1:52 | |
| HB Only | $2 | 1:34 | |
Overall Odds (per $1): 1:17.22
| |||
*Lump sum, after 25% federal tax.
State taxes not included in calculation. | |||
As you may have noticed, there's still a matter of state taxes; that's going to create an interesting wrinkle. Because states have different tax rates (or none at all), many of the Hot Lotto states might be advertising different jackpots (as they will be advertising the after-tax prize). For example; in Delaware, where lottery winnings are not subject to state tax, they could advertise a jackpot of $2 million; but in Minnesota, which has a 7.25% state tax, they could be advertising a jackpot of about $1.8 million for the same draw. Now, I'm not sure if this is how it really will be; but quite frankly, I don't see a way around it. Could be something to ask MUSL about.
Thursday, December 20, 2012
New Feature coming to Lotto Texas
Well, something very similar is coming to Lotto Texas, according to a rules change proposal. It will increase non-jackpot prizes as well as a prize for matching 2 numbers (provided you pay the extra dollar). The difference is that instead of a multiplier, each prize category will have a set prize amount. In addition, matching 2 out of 6 will win $2 cash (Florida pays out a free Lotto ticket with Xtra). The actual amounts are as follows:
| Match | Prize |
| 6/6 | Not Applicable |
| 5/6 | Regular Prize + $10,000 |
| 4/6 | Regular Prize + $100 |
| 3/6 | $13 |
| 2/6 | $2 |
Now when this is launched, should you buy it? That is, should you pay the extra dollar? This does raise your rate of return, but only to 51.85%. But considering Lotto Texas contributes less than 10% of sales to lower tier prizes, I'd say Extra is a good buy. Much more of your money will go towards the lower tier prizes (the prizes you might actually win); and along with the $2 prize, getting Extra will play to your advantage.
Saturday, December 8, 2012
Florida (Lottery) Turns 25: Nostalgia Time!
Courtesy: floridamemory.com
|
Courtesy: VintageGameWorld.com
|
Courtesy: floridamemory.com
|
But my fondest memory of the Florida Lottery was the drawings! Watching the balls bouncing around was one of the coolest things my pre-pubecent eyes had ever seen. Bouncing here and there, and then one pops up, followed by another, and then another. My dad would sit there, hoping the numbers on the balls matched the ones on his tickets. I didn't have a ticket, nor would I for nearly two decades, but I enjoyed that one minute as much as anybody. So much so, I even made a point to watch the Illinois drawings on WGN. I didn't get to watch these very often though, as they aired just before the late news (on WTVT, channel 13, back when they were a CBS affiliate). And you can't let a small child stay up until 11 when he has kindergarten in the morning.Friday, November 30, 2012
New feature in Illinois Lotto
Fortunately, this is not a supermarket, but a pretty decent addition to an already decent game. For an extra dollar for two plays, you get an extra number (always quick-picked) between 1 and 25 on each line. Match that number to the winning "extra shot" number, and you win. In essence, this changes the game into a Powerball-type game if you decide to play this extra feature.
So for example, if you match 0, 1, or 2 of the Lotto numbers, you wouldn't win as usual. But you would win if matched the "extra shot". So if you match no Lotto numbers and the "extra shot" you would win $5, you would win $2 if you matched 1 and the ES, and 2 and the ES wins $10. If you match 3, 4, or 5 of the Lotto numbers without the ES, you win the base Lotto prize for that match. But if you match 3, 4, or 5 and the ES, you win the base prize multiplied by 25. So a 3+ES match would win $75, for example.
You could technically also match all 6 numbers and the ES, but that would not win anything beyond the jackpot. And the odds of doing that would be 1 in 508,963,000; so I wouldn't call that a flaw. Nobody's going to do that.
What I would call a flaw is that fact that matching no numbers and the ES pays out more money than matching 1+ES. If I had to make a list of rules for lottery directors, one of those rules would be to "never pay out less for one prize if it's harder to win than a larger prize". The odds of winning $2 on a 1+ES match is one in 62 (on a single line). It's easier to match 0+ES at 1 in 54 odds, but that wins more money than a 0+ES match at $5.
In layman's terms, they pay out less money for matching more numbers. That kind of irks me, and is a flaw in an otherwise decent addition. I think they might have been better off going with some sort of multiplier (like the Megaplier or Florida Lotto with Xtra).
Wednesday, March 4, 2009
Japanese Lotto Prologue
When I posted the article on lotteries in Japan a couple of days ago. Well, I missed something important in that post, how they draw the numbers. The machines they use are not anything like you've ever seen. First, let me show you what they use to to draw the Loto 6 and Mini Loto.
First the balls are manually fed into a sphere. Then, the machine works by first mixing the balls in the sphere at the top of the machine. Then the balls are poured unto a plate below. The plate then spins profusely like a centrifuge, mixing the balls further until one gets captured. The drawn ball is then placed on a rack, and the plate begins to spin again. The process is repeated until all the numbers are drawn. If you want to see this in action, click here to see it in action via streaming video.
The machine used to draw the Numbers games is even stranger. First, wheels are spun, which seem normal enough. But to actually select the numbers, the machine then shoots arrows (that's right, arrows) at the wheels, and whatever the arrow lands on will be the winning digit. If you want to see this in action, click here to see it in action via streaming video.
Monday, March 2, 2009
日本語ロト (Japanese Lotto)

Thanks to the wonder that is Babel Fish, I am able to decipher to many lotteries around the world. Keep looking back for more world lotteries in a series I will name at a later date.
You would think that a place like Japan would not have lotteries so similar to those here in the U.S. But, they are in fact very similar, they have two digit games, a pick 5, and a pick 6. The digit games are the same run of the mill games you see in many states, except for one key difference, the payouts are pari-mutuel, which is how it's also done in California, Massachusetts, and New Jersey. Plus, the two games (called Numbers 3 and Numbers 4), only pay out 45% of sales overall toward prizes, which is lower than most such games here in the states. Other than that, it's all the same, so no real story here.
The Loto 6 game is the big game in Japan, though it isn't nearly as big as other lottos in other countries. This has a lot to do with the fact that it only has 43 numbers to choose from, as opposed to, say, 49. And when the people in one of the world's largest economies all share a game that has such good odds, there are bound to be a lot of winners, and there are. There is almost always a top prize winner, and it's not uncommon to see more than 5 in one draw.
That all may seem like a impediment to rollovers, but they figured out how to make rollovers happen despite all the winners with a rather complicated rule. What they do is limit the amount that can be won to 200 million yen (or approximately US$2,000,000), and then put any jackpot monies in excess of ¥200,000,000 into the jackpot pool for the next draw. That next draw will also have a winnings limit, but it gets upped to ¥400,000,000 (or about $4 million US). That higher limit will continue as long as there is excess jackpot money, with the limit being lowered once there is draw where the jackpot pool is depleted.
And now, some facts about Loto 6:
- Tickets are 200 yen each (or about US$2)
- Pick 6 out of 43
- Drawings every Thursday at 6:45 pm Tokyo time (or 4:45 am Eastern time).
- Winnings to single winner are capped 200 million, or 400 million yen if money was carried over from the previous draw. Any jackpot money in excess of the limit will be carried over to the next week's draw.
- Prize and odds table is below:
| Match | Prize in ¥ | Approx. Prize in US$ | Odds |
| 6 | About ¥100,000,000 | US$1,000,000 | 1:6,096,454 |
| 5+Bonus | About ¥15,000,000 | US$150,000 | 1:1,016,075.7 |
| 5 | About ¥500,000 | US$5,000 | 1:28,224.3 |
| 4 | About ¥9,500 | US$95 | 1:610.3 |
| 3 | ¥1,000 | US$10 | 1:39.2 |
Overall Odds 1:36.81 | |||
Japan also has a pick 5 game called "Mini Loto". It is a far simpler game to explain because it doesn't have any complicated jackpot limit rules. It's a simple pick 5 out of 31, with a sixth bonus ball for second prize. It also appears to put a greater percentage of sales to the jackpot than Loto 6.
- Tickets are 200 yen each (or about US$2)
- Pick 5 out of 31
- Drawings every Tuesday at 6:45 pm Tokyo time (or 4:45 am Eastern time).
- Prize and odds table is below:
| Match | Prize in ¥ | Approx. Prize in US$ | Odds |
| 5 | About ¥10,000,000 | US$100,000 | 1:169,911 |
| 4+Bonus | About ¥150,000 | US$1,500 | 1:33,982.2 |
| 4 | About ¥10,000 | US$100 | 1:1,359.3 |
| 3 | About ¥1,000 | US$10 | 1:52.3 |
Overall Odds 1:50.2 | |||
Well, there you go, that's Japanese Lotto. Leave comments if you have questions.

