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So Many Lottery Winners

financial literacy

I was just watching the news on how there is a lottery here called the 6/49 and in the last draw there wasn’t anyone who won the jackpot. Instead, 239 people got five numbers right along with a bonus number which qualifies for the second level of winnings.

That number sounded absurdly high and so out of curiosity I decided to see what the numbers were. Apparently the main numbers were 23, 40, 41, 42, 44, 45 and the bonus number was 43. So by looking at that it means that there was a possibility that 239 people literally chose the number combination from 40 to 45. Who would of thought huh?

Another funny thing was that there were so many people that won the second level prize that the money distribution would be about $1,993.70 for each person. Since in comparison there were only 106 people that got five numbers right those people actually got more as their winnings were divided to $2,223.40 each person.

I guess it is free money for them so no one is complaining, but I just thought it was such a strange happening.

one Comments to So Many Lottery Winners

  • Your observations are correct! There were many Lotto 649 2nd place winners, and they didn’t win very much.

    For those of us who specialize in providing information and strategies to lottery players around the world, the surprise is that a “straight numerical sequential was drawn”, whether it was 1-6, 2-7, or 40-45.

    Why? In the Lotto 649 format, there are only 45 possible straight combinations of the 13+ million total combinations. Thus, many people play this “very small subset of numbers” as a viable strategy.

    Unfortunately, “LOTS” of players play the same subset, resulting in Lots of Winners & very little winnings.

    Once again, we believe that this was a historic lottery event, and your observations were correct.

    Thanks for letting me reply,

    John Lottery

    John Lottery 3/22/2008 3:30 am

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