Home | Recreation And Leisure | Gambling

California Lottery Games

By: Double Million-Dollar Lottery Winner Terry Fisher

Read More About Gambling

You can find the California lottery's official website at http://www.calottery.com. Its three main lottery games are California SuperLotto, Mega Millions, and Fantasy 5 Lotto. Perhaps the easiest game to win is California's Fantasy 5 lottery, which picks five balls from 39. The odds of a single ticket winning are 1-in-575,757.

Fantasy 5 payouts start at $50,000 for First Prize and increase if not won, up to a maximum of $500,000. It also pays out for four numbers, three numbers, and gives you a free ticket for matching two numbers. It costs $1 for each play. California Fantasy 5 prizes are always paid in cash, in full. Lottery Systems suitable for California's Fantasy 5 lottery can be found at http://www.power-ball-pro.com

In addition, California offers lottery players the multistate lottery game, Mega-Millions. The odds of winning Mega-Millions are astronomical at 1-in-175,711,536, but there are nine different ways to win. Mega-Millions is the largest lottery game in America, played every Tuesday and Friday, in 12 different states. Prizes start at $12 million and it has a record payout of $390 Million.

For playing Mega-Millions, you need to mark one set of numbers, choosing five numbers from 1 to 56 and a second set of numbers where you choose one number between 1 and 46. There is a choice of being paid in 26 annual instalments or receiving a reduced cash value prize. This single cash value prize is normally around 55 to 60% of the published jackpot amount; the theory is that if it is invested for 26 years it will grow to the jackpot amount. You have 180 days to claim your first prize.

To win California's own SuperLotto Plus, you need to correctly choose from five numbers between 1 and 47, plus one number from a separate set of numbers between 1 and 27. SuperLotto Plus is drawn every Wednesday and Saturday. It starts with a jackpot of $7 million, and its record payout is $193 million. Players have the option of being paid in 26 annual payments or receiving a reduced cash lump sum immediately. You have 180 days to claim your first prize. There are nine different ways to win, but the odds of winning first prize are high at 41,416,353-in-1.

California lottery players get around 54% back in the form of prizes; around 34% goes to the public education budget; about 7% is commission for lottery retailers, and the remainder covers the expenses of running the California lottery.

There are discussions in progress (Nov 07) regarding privatising the California lottery and broadening the benefits to California's citizens beyond the education field. Understandably, educationalists are not impressed by the fact that their funding may be compromised by political promises in the health area.

The California lottery was born in 1984, after a majority of Californian voters approved Proposition 37. Sales in 1984 began at 1.8 billion. Although they grew during the 1980s there was a period of decline from 1989 to 1992, after which sales increased, up to more than $3.5 billion for the financial year 2005/6.

Article Source: http://depositarticles.com/

Double Million-Dollar Lotto Winner Terry Fisher's book "Powerball Pro" offers lotto systems suitable for all California lotto games. Alternatively, custom lotto systems can be created for the California Lotto.

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Gambling Articles Via RSS!
Additional Articles From - Home | Recreation And Leisure | Gambling
Sign Up for a free account.
Our other websites
All about SEO
Beauty Tips Forum
Submit Articles
Member Login
Link Us
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Sitemap
New Stuff
About Us
Developer
Good shopping portal
Link to Us
Contact Us
Privacy Policy
Terms of Service

counter easy hit

Powered by Article Dashboard