One of the oldest New York Lotteries, the New York Lotto offers a grand jackpot of $2 million that keeps on rolling by $300,000 on each draw until there’s a winner. The jackpot odds are as great as the jackpot, 1 in 22,538, 737, pretty easy to crack! The lottery offers lump-sum as well as an annuity to claim the jackpot. The annuity payments are made over 26 years. New York Lotto does not offer any fixed prize amounts. Instead, each prize tier of the game represents a percentage of the prize pool, which is 40% of the total revenue generated by the New York Lotto sales.
The table below depicts the odds of winning and payouts potential of New York Lotto.
|Match||Prize||Odds (1 in)||Payback Rates|
|6 of 6||$2,600,000||22,528,737||12%|
|5 of 6 + Bonus||$42,351||3754789.5||1%|
|5 of 6||$10,512||72207.49||15%|
|4 of 6||$32||1089.92||3%|
|3 of 6||$1||48.08||2%|
The overall odds of winning are 1 in 46.02
For more information, visit the official website.