WHy we have Bigger Jackpots...

[Sheba]

We appreciate receiving feedback from our players. We carried out various types of consumer research at a national level and players told us that they wanted bigger jackpots more often. We looked at a total of five concepts for big lotto games. Of the 5,000 people interviewed across Canada, eight out of 10 told us they were likely to play. The concept featured a high jackpot, which appealed to most players.

Sheba..

 

[lotto_insider]

Good to know that you are one of them!!!!!
Good to know that they are here!!!
Good to know that!!!!

 

[bro]

HMMMMMMM

So you work for the lotto? Hmmm. So, I guess you are passing onto the lotto people's picks?

That way they will know what not to play?

So, you work for the lotto corp eh?

 

[veronica21]

Sheba,

What work do you do at the lottery corporation?

 

[Maggie]

I'm pretty certain Sheba does not work for the lotto corp.

 

[mirage]

Surely Sheba's just trying to stimulate a little discussion here. This board has now become too quiet. Funny...

Anyway, I doubt that she REALLY works for the lotto corp--she's just parroting what lotto corp stated as their justification for raising 6/49 ticket prices...

 

[veronica21]

That's funny that I thought that Sheba worked for the lottery corp. Good luck to everyone in the future lottery draws

 

[Sheba]

Surely Sheba's just trying to stimulate a little discussion here. This board has now become too quiet. Funny...

Anyway, I doubt that she REALLY works for the lotto corp--she's just parroting what lotto corp stated as their justification for raising 6/49 ticket prices...

I don't work for the lotto corp as Miage has stated.. I was just trying to get a discussion going on....

Sheba..

I work for the Tax Man! ......Got your taxes paid!

 

[mirage]

I don't work for the lotto corp as Miage has stated.. I was just trying to get a discussion going on....

Sheba..

I work for the Tax Man! ......Got your taxes paid!

Oh Sheba, so you are a (fellow) CCRA employee? You had a call site in St John's I think it was and whooped asses several years back as I recall. Not much cod fishin goin' on, what with the fishing limits set. Give those Rockers some means to support themselves so they wont be desperate and movin' to Ontario. So many others have already.
The Rock's a beautiful place with very friendly people.
Winning the lotto also would make it more possible to stay put. Here's to you - hope it happens!

 

[edlottery]

sheba on bigger jackpots reply

so why can't the lottery genrate a lottery where 3 numbers pay more 4 numbers pay more and 5 nymbers pay more
i would seriously bet that if a lottery was generated to fill those needs that it would be the highest played lottery

ed lottery

 

[lotto_insider]

Re: sheba on bigger jackpots reply

so why can't the lottery genrate a lottery where 3 numbers pay more 4 numbers pay more and 5 nymbers pay more
i would seriously bet that if a lottery was generated to fill those needs that it would be the highest played lottery

ed lottery

Good idea Ed! the problem is there are a lot of people who can win 3 numbers, 4 numbers or five numbers. Usually there are ca. 285 winning tickets with 5 numbers.

How much would you like 285 winners to receive?

The system is designed in a way that only those who get 6 numbers (sometimes 5 + compl. numbers) win big. Usually there are 1 or 2.

Just to make the others dream and play in the hope that they too can win.

 

[edlottery]

ed to sheb

the bigger jack pots
to bad the people u interview i personally would like to know what class of people u interviewed because personally us little people would like to see bigger jack pots at the 3 number level the 4 number level and the 5 number level because they sure seem smaller now that we have to pay 2 dollars which i think is a royal scr--w

 

[GillesD]

Bigger smaller prizes

edlottery

Your suggestion has some merit but I am not sure it would generate more sales and might even be less interesting.

Let's take for example the last draw where the total payout to winners was $6,550,,000 (Note: all amounts are rounded for easier understanding).

The first thing you have to take into account is that changing the prize structure will not affect the amount given back to winners. The governments take about 47% of sales and this will not change.

Out of the $6,550,000, nearly 67% went to winners with 6 and 5+B winning numbers and 33% to 5, 4, 3 and 2+B winning numbers.

Now lets say the amount given to this last category of winners (5, 4, 3 and 2+B winning numbers) is doubled. So this would give about $5000. for 5 winning numbers still not a big amount by any means. There were 96 winning tickets in this category.

What would happen to the jackpot. It would be reduced to about $2,000,000 if the amount for 5+B winners is left unchanged (about $300,000). Yes, it is a very interesting amount if you win and you are the only one with the 6 winning numbers.

But in many cases, there are multiple winners and many people also buy tickets in groups (at work, family, friends, etc.). So let's say there are two winning tickets and one of them was purchased by a group of 10 people. This would give each of person in this group about $10,000, so forget about the Bye Bye Boss routine.

You have to remember that the lottery is a disguised tax and that people buy tickets dreaming of a big payout. Not that many people buy lottery tickets in the hope of winning $5000 (the odds are against you). So doubling the prizes may have an adverse effect: groups would buy less tickets, then the amount given back would be lower which would make it less attractive to buy tickets and so on ...

If you would be very happy winning $20 for 3 winning numbers, I would suggest another alternative: stop buying tickets altogether and you will come out ahead. But the idea behind buying tickets is winning big, very big. At least, these are my ideas on this subject.

 

[edlottery]

ed to lotto-insider

well the answer to your question minimun of 50 dollars plus for 3 numbers (generate a ratio on tickets sold)this could flucuate up from 50 dollars
for 4 numbers generate a ratio so that 200 dollars depending on number of tickets sold
and 3000 plus for 5 number again use a ratio factor on tickets sold

i think that the top winner if it was 10 million is just to much and i think it would be nice to see it filtrated better down into the lower number wins

 

[edlottery]

edlottery to gilles

good old government however why don't the lottery system genrate a system like that and see what system generates more sales end of question