The odds of winning Megabucks are 1 in 49,836,032 according to the Las Vegas
Sun, and the odds of winning the State Lotto are 1 in 47,784,352. The prizes
and the odds are almost the same. So what's the difference?
Well, there are two differences. The first is that the odds of hitting a
smaller jackpot with a slot machine are much, much better. Slot machines are
far more generous in giving small and medium sized wins. You're less likely
to win anything with the Lotto, and if you do you'll probably win only $5.
A progressive slot machine generally returns around 90% of all the money
ever played, while the lotto returns only around 52%. The lotto has the
worst pay table of any game on the planet.
On the other hand, even though we're less likely to win anything with the
lotto than with a slot machine, the lotto actually gives you better odds of
winning the jackpot for the amount of money you spend. A shot at Megabucks
requires $3 while a Lotto ticket is only a dollar. For the price of a shot
at Megabucks you could buy three Lotto tickets. And buying three lottery
tickets increases your chances of winning to 1 in 15,928,118.
So which is the better bet for $3? It's a trade off: If your goal is to have
the best shot at winning the jackpot, then your chances of winning with
three $1 Lotto tickets are almost three times better than winning with one
$3 spin on Megabucks. But if you're hoping to win anything and have at least
a small win, then a spin at Megabucks is the better bet.
http://vegasclick.com/gambling/odds-win-million-dollars.html
Chris
···
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
bjaygold@aol.com
Sent: December-01-09 12:02 AM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Megabucks vs. state lottery
One in 48.8 million.
Brian
=======================================
In a message dated 11/30/2009 7:35:36 P.M. Pacific Standard Time,
roaches@austin.rr.com <mailto:roaches%40austin.rr.com> writes:
Does anyone know the Megabucks odds?
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