If the player buys at least five tickets at once, then he will be entered into a "second chance" game. If the player matches at least three, then he wins instantly. For example, 1-1-2-2 would have two each of two different digits, like 5-7-5-7.įantasy 5 is a simple, $1 daily game where the player and lottery each pick 5 numbers from a range of 1 to 39.
The numbers in parenthesis show an example of that type of box ticket. The following table shows the actual shares for each win as well as the mathematically fair number of shares, based on a box 1-2-3-4 ticket being 0.5 shares. Prizes are rounded down to the nearest dollar with the breakage being added to the Prize Reserve. Then divide total prize money (48.5% of ticket sales) by the number of winnings shares to determine the win per share. The way each prize is determined is to take the dot product of the number of each type of win and the number of shares according to the table below. There is not a fixed pay table but how much you win will depend on how many other winners you will have to share with. Prizes are pari-mutual in nature, where the lottery returns approximately 48.5% of total money bet (source:California Lottery Regulations, page 17) of the total ticket sales. The Daily 4 is a $1, daily game in which the player and lottery each pick four numbers from 0 to 9, with replacement.
A 1-1-2 box ticket means one with a pair of one digit, for example 8-5-8. A 1-2-3 box ticket means one with three distinct numbers. The following table shows the actual shares for each win as well as the mathematically fair number of shares, based on a box 1-2-3 ticket being 1 share. Prizes are rounded down to the nearest dollar with the breakage added to the Prize Reserve. Then divide total prize money (48.5% of ticket sales) by the number of winning shares to determine the win per share.
Prizes are pari-mutual style, where the lottery takes a 50% cut (source: California Lottery Regulations, pages 21,22) of the total ticket sales and returns the rest to the winners. The Daily 3 is a $1, twice daily game in which the player and lottery each pick three numbers from 0 to 9, with replacement. What follows is my analysis of each game. If you play the Daily 3 or Daily 4, make Straight bets, as opposed to Box bets.Players that pick their own numbers are at greater risk to get short changed on a jackpot by having to share it with many other players who picked the same numbers for the same reasons you did. For any game involving choosing numbers, I suggest the Quick Pick option.For games with the Second Chance option, don't forget to take it, which will give you about an additional 1.5% in return.For bets of $5 or more, scratch cards offer the best value, with returns ranging from 67% to 80%, depending on the bet size.If you must play, the best odds for bets under $5 is on the Hot Spot game, which claims to return 63.5% of money bet, which is better than the usual 50%.With few exceptions, it is the worst bet you can make. Every state lottery offers terrible odds. However, for those who just want the executive summary, here is my advice: The rest of this page contains my analysis of the several ways to play the California Lottery. This is unlike other states that pay fixed prizes for some games. For this reason, games based on random ball draws are all pari-mutual, which means the California Lottery takes a cut for schools and education and returns the rest to the winners.
The time limit to cash a winning ticket is 180 days.Ī unique feature of the California Lottery is that all games must be player against player and the state cannot have an interest in the outcome. Administrative expenses are supposed to be less than 13%. The percentage directed towards prizes ranges from 48.5% to 79.7%, so you need to play the right game. Revenues from the lottery are directed towards education. The California Lottery opened for business on October 3, 1985.
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