Re:Lottery-Like Prizes Coax Savings. What’s the Risk in Expa...
by dragonwriter on Friday December 21, 2018 @06:40PM
(#18737730)
Wikipedia claims 600:1 payout on 999:1 odds was typical. That's about a 60% payout; a published analysis [0] indicates that California lottery games range between under 50% (most games) to nearly 80% (the latter for high-denomination Scratchers.)
So, in general, worse than numbers games, though better if you choose the right game.
So, in general, worse than numbers games, though better if you choose the right game.
[0] https://wizardofodds.com/games/lottery/california-lottery/