Re:Running an Underground Lottery in Detroit
by Verdure on Tuesday November 12, 2019 @10:39AM
(#21514907)
In general, it is not like a lottery with all winners evenly sharing (most of) the proceeds. Instead, there is a fixed payout, typically around 60% payback. So with 3 digits (1000 combinations), the payout would be $600 for $1 bet.
https://en.wikipedia.org/wiki/Numbers_game