Scratch off Lotto

[RouletteGhost]

This is about scratch tickets

the following is the odds of winning $500

on a $5 ticket     - 1 in 41,000
on a $10 ticket   - 1 in 3,100
on a $20 ticket   - 1 in 625

with $200 to go and buy tickets which would be wiser?

40 $5 tickets
20 $10 tickets
10 $20 tickets

??

what would you do?

im asking because im studying the odds of all games in my state

same question and same scenario here are the jackpot odds

$5 ticket    - 1 in 5 million
$10 ticket  - 1 in 6 million
$20 ticket  - 1 in 4 million



also another scratch off ticket that is $5 that offers $50,000 a year for life with chances of 1 in 3 million. on this ticket 1 in 3,000 win $500

VERY strange to me that in the NY lotto there are 2 different $5 scratchoffs
1 of them has 1 in 41,000 chance at $500 and the other has 1 in 3,000 chance at $500

do people know this before playing? there are better tickets to buy....no two are the same even if same dollar amount

let the sink in

one $5 ticket, 1 in 3,000
2nd $5 ticket 1 in 41,000

what the heck

[RouletteGhost]

no words for this except omg

[Turner]

scratch cards?

Whats next....spit on a window with a friend and bet which will reach the window ledge first?

[Tamino]

Those slot machines  and video poker machines at  the New  York Racinos (iuncl Resorts) are VLT or Video Lottery Terminals.

[RouletteGhost]

Those slot machines  and video poker machines at  the New  York Racinos (iuncl Resorts) are VLT or Video Lottery Terminals.

yea i knew that

its a "slot" machine hooked up to the NY lotto commission right?

[RouletteGhost]

scratch cards?

Whats next....spit on a window with a friend and bet which will reach the window ledge first?

NO NO NO

that was last week

[Tamino]

Yeah ut`s hooked up to  the NY OTB Corp. They are controlling the house edge too the way they see fit.

[RouletteGhost]

So playing slots there and buying scratchoff same thing without the glitz and glamour

[Nixie]

This is interesting to me because it isn't something I had thought about before. Then again, I don't play scratch offs much. I'll have to do some research about the various tickets and odds in my state before I buy them again.

[RouletteGhost]

what surprised me is this: one $5 ticket has better odds then another $5 ticket

i won $70 last week 

Friend of a friend won win for life twice. 1K a week times 2

[Nixie]

Wow...Win For Life...twice!!! My husband and I earn a good living, but winning it just once would be a really sweet deal, let alone twice!

It is surprising that tickets that cost the same have different odds and it makes me wonder how the Lottery Commission determines that. I think most people assume, myself included, that a $5 ticket is the same as the $5 ticket next to it. Once I get this figured out for my state, my scratch off investment may increase. 

[NextYear]

Maybe it is question of odds as here!
Dozen don't pay as much as Street for 5 $ bet.