question about lotteries?
by yuan2003
Question by Rick N: question about lotteries?
which state lotteries have winnings for pairs (2 right) in their pick 3 lottery?
Best answer:
Answer by pdq
I’m not going to visit every state’s lottery website to find out. I’ll just tell you 2 that I know of. You should just go to the state’s lottery website of which you’re interested and find out for yourself.
Connecticut and Florida for sure have these options. Below is a link to those lottery webpages that detail the option. On the Connecticut page, you have to actually scroll down and click “Prize Payout Table” to see it.
***IMPORTANT – Why?!?!? Why are you wanting to know this??? Please allow me to use the “Pairs” example to demonstrate why this is absolutely, positively THE WORST bet on Earth.
Look at the payout tables just for Connecticut or Florida. First, look at the odds of winning. You have a 1 out of 100 chance to hit a Pair in the lottery. You SHOULD get paid $ 100 for a 1-dollar wager.
Now look at the payout for winning this bet with a 1-dollar wager. You only get $ 50!!!
THAT’S HORRIBLE!!! That’s only a 50% payback on what they should give you for a fair payout.
Here is the most important part of all – At a 50% payback rate, there isn’t any standard bet on the entire planet that comes even close to being as bad a bet as the lottery!
Think you’ve got a system to help you guess better what these Pairs will be? First of all, you don’t. Second of all, even if you could develop a system that could help, you could never help so much as to overcome a FIFTY PERCENT payback rate!!! No way. No how.
The lottery is nothing more than a TAX on the poor and on the ignorant.
Editor’s Comment: Unless you win a jackpot, then it’s the best investment of a dollar ever. Pick-3 not so much. 🙁