Talk:Lotto Super 7
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The prize structure must be wrong. How can 5/7 numbers pay more than 6/7 numbers? A decimal point got lost - I've seen this on other sites (sympatico's lottery information) so it a copying error.
- The figures are correct. Remember that this represents the share of the pool received by these winners. There are far more people who get 5/7 numbers than 6/7 (ratio is approximately 60:1), so the individual payouts are roughly 60:1 in favour of those who chose more correct numbers.
- For example, assuming a $20 million pool and 10 million tickets sold (and with winners exactly matching the probabilities listed), we get:
| Match | Prize | Prize share | Odds of Winning | # winners | Individual share |
|---|---|---|---|---|---|
| 7/7 | Jackpot (Share of 73% of Pools Fund) | $14.6 million | 1 in 62,891,499 | 1 or 0 | as applicable |
| 6/7+ | Share of 5% of Pools Fund | $1 million | 1 in 8,984,649 | 1 | $1 million |
| 6/7 | Share of 5% of Pools Fund | $1 million | 1 in 230,373 | 43 | $23256 |
| 5/7 | Share of 17% of Pools Fund | $3.4 million | 1 in 3,840 | 2604 | $1305 |
| 4/7 | $10.00 | $550,060 | 1 in 181.8 | 55006 | $10 |
| 3/7+ | $10.00 | $508,910 | 1 in 196.5 | 50891 | $10 |
| 3/7 | Free Play | N/A | 1 in 21.9 | 456621 | N/A |
