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On the Dollar

beesbutt25's avatar - DiscoBallGlowing

What is the meaning of 38-40 cents 'on the dollar'?

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What is the meaning of 38-40 cents 'on the dollar'?

If you come to New York, DO NOT play NY Lotto. The lower-tier prizes are terrible. For every dollar bet, only 38-40 cents are returned to players in the form of prizes, INCLUDING the jackpot.

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