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The Ontario Lottery Corporation was created in February 1975 under the Ontario Lottery Corporation Act, 1975 (repealed in 1999 and replaced with the current Ontario Lottery and Gaming Corporation Act). [6] Wintario was the first lottery game offered by the fledgling OLC on April 3, 1975, and the first drawing took place on May 15, 1975.
The jackpot is $785 million — the sixth-largest prize in lottery history — after 22 straight draws with no winner, according to WVNS 59. With odds of winning at one in 302.6 million, if ...
Lottery payouts are the way lottery winnings are distributed. Typically, lotteries pay out around 50–70% of stakes (turnover) back to players. The remainder is then kept for administration costs and charitable donations or tax revenues. In gambling terminology lottery payouts are the equivalent of RTP (Returns To Players).
The Gold Ball Draw reached a 1 in 2 chance of awarding $66 million on the September 23, 2023 draw, the largest jackpot in Lotto 6/49 history. [12] The jackpot was not awarded to the Gold Ball Draw winner, meaning that the maximum jackpot of $68 million was awarded for the first time during the September 27 draw.
For a score of n (for example, if 3 choices match three of the 6 balls drawn, then n = 3), () describes the odds of selecting n winning numbers from the 6 winning numbers. This means that there are 6 - n losing numbers, which are chosen from the 43 losing numbers in ( 43 6 − n ) {\displaystyle {43 \choose 6-n}} ways.
In the Hot Lotto fraud scandal software code was added to the Hot Lotto random number generator allowing a fraudster to predict winning numbers on specific days of the year. [57] In 2003, Mohan Srivastava, a Canadian geological statistician, found non-random patterns in "Tic-Tac-Toe" tickets sold by the Ontario Lottery and Gaming Corporation ...
The largest Super 7 jackpot, and the largest jackpot in Canadian lottery history at the time, was CA$37.8 million, on May 17, 2002. [3] The prior record for largest Canadian lottery jackpot had been a Lotto 6/49 draw for $26.4 million in 1995, and the Super 7 record was not surpassed until a Lotto 6/49 draw for CA$54.3 million in 2005. [3]
The folks at Minyanville did a comprehensive calculation and came up with the following chart. The numbers are based on a $50 a square game, with a $625 payout for the 1st and 3rd quarters, a ...