Penn. Lottery loses big on 7-7-7-7 win

Apr 2, 2010, 8:49 am (17 comments)

Pennsylvania Lottery

Talk about your lucky sevens.

Wednesday night, all sevens came up in Pennsylvania Lottery's Big 4 drawing, resulting in a whopping $7.77 million payout to 3,107 winning tickets.

In an added twist, the news came Thursday when the Super 7 jackpot was $7.3 million and Cash 5's top prize was $770,000.

The Big 4 payout was a staggering 1,573 percent of sales revenue, according to lottery spokeswoman Kirstin Alvanitakis. In other words: The lottery has to dish out about $7.2 million more than it took in for that drawing.

"We definitely lost money on the Big 4, that's for sure," Alvanitakis said. "But it's great for our players. People love to play quadruple numbers."

"It's definitely not an April Fool's joke," she said.

A key factor in the large payout is that Big 4's winning amounts are fixed; they're not a cut of cash collected. A 50-cent wager fetches $2,500, a $1 bet $5,000.

Also, 7-7-7-7 is extraordinarily popular. Most Big 4 drawings produce far fewer winners. Wednesday's midday drawing (9-3-5-5) had 104 winners, and Tuesday evening's game (0-6-3-9) was hit by 250 people, Alvanitakis said.

Luckily for the state, winning quadruples — popular with players — are rare. The last quadruple drawn was 2-2-2-2 on Sept. 2, 2008, when 1,236 winners collected a total of $3.09 million.

The 7-7-7-7 combination has come up only twice since Big 4 began in November 1980.

Although the lottery lost money on the drawing, that situation was not unanticipated.

"We operate our numbers games with the expectation that when triples or quadruples hit, we will lose money," Alvanitakis said.

Also, there's a safeguard. "We have a sales cutoff of $10 million for Big 4 for any number combination - including quadruples - to ensure Lottery's liability does not exceed its ability to pay winners," she said.

Despite the big payout, the game made money for March, she said. Proof yet again that the odds are stacked in the house's favor.

Philadelphia Inquirer

Comments

dr65's avatardr65

WTGGG!!! Super Job Winners!!

PartyParty

konane's avatarkonane

Congratulations winners!        

MzDuffleBaglady's avatarMzDuffleBaglady

Good for all the players that hit.

I guess that is the reason Missouri hasn't dropped a Quad, since, 2000?

pumpi76

what is wrong with these people how are they going to play that number yesterday 1 day away from today friday....Luckily they didnt go broke...

mjwinsmith's avatarmjwinsmith

Thumbs up to ALL the winners, Great Job! Thumbs Up

rdgrnr's avatarrdgrnr

Rosie (jrosina) has been warning us about them quads coming!

Hope those PA players were listening. dr65?

I'm starting to think Rosie "knows something"!

ConstantlyB's avatarConstantlyB

Partyooooooohhhhhhhh SNAP DRAGON NOW...Hurray!

WONDER HOW MUCH THEY ARE GOING TO HAVE TO PAY OUT FROM THE MIDDAY P3---444!!

mAKE that money PA!!!Danceor should I say TAKE YO MONEY BACK!!!Cheers

catsrule's avatarcatsrule

Congrats to all that caught the 7777!!!!!Thumbs Up

I hope they get dried up on the 444 that just hit as well. (lol)

It's time us Pa players hit them hard. Smash

Raven62's avatarRaven62

Sevens Running Wild! Thumbs Up

NYSlugger 777's avatarNYSlugger 777

Congradulations on all that hit it in PA!Dance

I had actually had the 7777 listed as a Best Bet for all states in my post in  the Pick 4 forum( Link below )(https://www.lotterypost.com/thread/206311)

 

Did anyone from LP hit the 7777?

maringoman's avatarmaringoman

wow. imagine if a person bet on 10 tickets. Thats like pick four on prozac.

ThatScaryChick's avatarThatScaryChick

I bet that there are a lot of happy people in Pennsylvania right now!

dpoly1's avatardpoly1

Congrats to the winners ! Yes Nod

I am waiting to be the next big jackpot winner in PA ! Cool

Le Marteau

That's great that the Pennsylvania lottery pays numbers bets using standardized payouts no matter what the numbers are, rather than some kind of lame pari-mutuel thing like California.

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