NY United States
Member #167,027
June 22, 2015
1,340 Posts
Offline
Quote: Originally posted by leolauer on Aug 18, 2015
The odds have been posted on the website for the new $30 anniversary scrather:
Odds and Available Prizes
Prizes
Odds 1 in
Total # of Winners
Prizes Claimed
Prizes Available
$10,000,000
3,003,698
4
0
4
$750,000
1,501,849
8
0
8
$50,000
600,740
20
0
20
$10,000
29,666
405
0
405
$2,000
6,016
1,997
0
1,997
$1,000
987
12,176
0
12,176
$500
480
25,053
0
25,053
$400
300
40,088
0
40,088
$200
123
97,712
0
97,712
$100
30
400,141
0
400,141
$50
30
400,493
0
400,493
$40
8
1,601,972
0
1,601,972
Ticket
6
2,002,465
0
2,002,465
At least it's pretty good it doesn't have break even $30 winners.
looks like it pays out around 81-82% which is very good for a $30 game and yes agree w no break even prizes that are not tickets on this game know that was done on ultimate riches
Pasadena, CA United States
Member #153,319
March 13, 2014
186 Posts
Offline
Quote: Originally posted by leolauer on Aug 18, 2015
The odds have been posted on the website for the new $30 anniversary scrather:
Odds and Available Prizes
Prizes
Odds 1 in
Total # of Winners
Prizes Claimed
Prizes Available
$10,000,000
3,003,698
4
0
4
$750,000
1,501,849
8
0
8
$50,000
600,740
20
0
20
$10,000
29,666
405
0
405
$2,000
6,016
1,997
0
1,997
$1,000
987
12,176
0
12,176
$500
480
25,053
0
25,053
$400
300
40,088
0
40,088
$200
123
97,712
0
97,712
$100
30
400,141
0
400,141
$50
30
400,493
0
400,493
$40
8
1,601,972
0
1,601,972
Ticket
6
2,002,465
0
2,002,465
At least it's pretty good it doesn't have break even $30 winners.
I saw a sample ticket and it said the cash odds were 1:4.66; I was afraid this was going to be peppered with free tickets and $30 cash break-even prizes. But although it looks like the ticket thing came true, I'm glad this ticket didn't pull an Ultimate Riches/5MJP/Million $$ Match and come loaded with break-even prizes. I'd still play sparingly, given the high cost of the ticket.
United States
Member #147,159
September 24, 2013
507 Posts
Offline
Quote: Originally posted by leolauer on Aug 18, 2015
The odds have been posted on the website for the new $30 anniversary scrather:
Odds and Available Prizes
Prizes
Odds 1 in
Total # of Winners
Prizes Claimed
Prizes Available
$10,000,000
3,003,698
4
0
4
$750,000
1,501,849
8
0
8
$50,000
600,740
20
0
20
$10,000
29,666
405
0
405
$2,000
6,016
1,997
0
1,997
$1,000
987
12,176
0
12,176
$500
480
25,053
0
25,053
$400
300
40,088
0
40,088
$200
123
97,712
0
97,712
$100
30
400,141
0
400,141
$50
30
400,493
0
400,493
$40
8
1,601,972
0
1,601,972
Ticket
6
2,002,465
0
2,002,465
At least it's pretty good it doesn't have break even $30 winners.
Awesome that you are quick with these things, it I checked the CA Lottery website the last two days and its not there anymore. Not sure if you run a web crawler on the lottery website to notice subtle changes. It will be out soon enough next week.
Just like ChaCha33 stated, it will be mostly break even with the TICKET/$40 (slightly better than break even cash), 1 out of every 3.5 tickets and an occasional win of a few hundred dollars for those who are able to play at least 100 of these tickets during its life span.
I have been holding off on the $20 games this month and a half due to this as well as SuperLotto Plus being so high (it reset this month), and I like this $30 game structure since it comes with $100/$200/$400/$500 prize structure. I will still play sparingly since I do not have much disposable income to play with. I'd rather play one of these than 3 $10s or 6 $5s, and I still do not like the $20 games.
United States
Member #147,159
September 24, 2013
507 Posts
Offline
Quote: Originally posted by yellowpig on Aug 18, 2015
the percentage of sales that are given back to the players in the form of prizes
Thanks for doing the calculations for us! We'd used to have someone do it for us couple of years ago.
The CA Lottery reports 80% instead of the 81.4% you've calculated since they expect retailers to force the customer to play another $30 Ticket rather than giving back $30 in cash to do what they want. Most retailers here give cash back to the players, and the places with kiosks have to give out cash.
If you negate the TICKET prizes from the pool, they will come up with 80% return (still good, almost near the return of MegaBucks jackpot slot machines levels which I believe is in the low 80% range).
Pasadena, CA United States
Member #153,319
March 13, 2014
186 Posts
Offline
Rolled the dice and splurged on the new $30 ticket at the Mobil this morning; a grizzly in the bonus spot and one number match for $20 each; $40 win. If you're going to go for the higher-priced tickets, take this one over any of the $20 tix, but do so sparingly.
San Diego, SoCal United States
Member #164,829
March 16, 2015
18 Posts
Offline
I dont get why the commission cant go for more grand prize avialability on that $30 ticket from all the cash cowing they milk from the CA player on a daily basis.
Just 4 grand prize $10mil tickets and 8 for $750k out of the multi million prints circulating all over the state?
Chances are that all those 4 grand prizes are in the same city.
United States
Member #147,159
September 24, 2013
507 Posts
Offline
Quote: Originally posted by chulavistalivin on Aug 25, 2015
I dont get why the commission cant go for more grand prize avialability on that $30 ticket from all the cash cowing they milk from the CA player on a daily basis.
Just 4 grand prize $10mil tickets and 8 for $750k out of the multi million prints circulating all over the state?
Chances are that all those 4 grand prizes are in the same city.
What an insult to the player.
The last two high denomination games $20 7's Playbook and this $30 30th Anniversary games have 12 million tickets printed compared to the other high end games $5million jackpot (33.6 million), Million $$ Match (24 million), and Ultimate Riches (18 million). These games can probably end quicker, or if the $30 game does well, more tickets will be added on. The regulations state if all top prizes are claimed which there are 4 of them, the remaining games have to be pulled.
All four tickets in the same city? I highly doubt it, maybe at most 2 of them in San Jose. Insult to the player? We'll see if the sales pick up, the players have been voting with their wallets the past few years to cause the state lottery to make changes.
However I find the Million $$ Match to be B.S. since there are THREE (not ONE) top prize tiers, $1/$2/$5 million. The $5 million prizes got claimed so quick, it definitely lower the overall return significantly for those that continue playing it. Who would want to play that game for the final $2 million prize?