Understand the Play Types and Payouts with Examples!
Imagine you win $1,000,000, and you don’t have to pay the taxes. When you win the first prize in Bank A Million lottery, they pay taxes for your winning cash prize. To play you have to choose 6 different numbers from 1 to 40 and mark it on your playslip. There is a bonus ball drawn in the game which is random and is not selected by you/player on the Playslip. Each play costs 50 cents, $1 or $2.
The table below illustrates the winning combinations and odds for Bank A Million.
|Match||Prize||Odds (1 in)||Payback Rates|
|Match 6 of 6||$1,000,000||3,838,380||13%|
|Match 5 of 6 + Bonus Ball||$20,000||639730||2%|
|Match 5 of 6||$2,000||19386||5%|
|Match 4 of 6 + Bonus Ball||$400||7754||3%|
|Match 4 of 6||$40||485||4%|
|Match 3 of 6 + Bonus Ball||$40||363||6%|
|Match 3 of 6||$4||35||6%|
|Match 2 of 6 + Bonus Ball||$8||47||9%|
Overall Probability of beating the winning odds are 1 in 18.3
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