Do the powers that be make it so Grand Prize instant lottery scratch off tickets are always sold?
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Like say NJ's, they have this site which shows how many prizes are left (dunno how current): http://www.state.nj.us/lottery/instant/2-1_unclaimed_prizes.htm The top prize (big ones 200k +) have a few left. Does the lottery send off winning tickets they know will be sold? Or are some never bought and well, a new scratch off is created in its place once the run is done?
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Answer:
Lottery tickets of a specific kind are sold as long as there is at least 1 Grade Prize left. Once the Grand Prizes are all gone, the tickets are taken off the shelf. The lottery company has no reason to NOT send out the Grand Prizes to be won. They STILL make BUCKETS and BUCKETS of money from the poor and ignorant people who buy these tickets. Do you realize that the payback rate for these tickets is only around 50%?!? In other words, if you were to buy $200 worth of scratch tickets, you should EXPECT to only "win" back around $100. (It'll be a little more or a little less depending on your luck that day.) At a 50% payback rate, this easily makes playing the lottery the WORST bet on the planet. If you don't believe me, KEEP TRACK! If you keep track long enough, you will see I'm right.
pdq at Yahoo! Answers Visit the source
Other answers
They always sell them to the end. Very few people bother to look and see if the big prizes are already won.
Pascal the Gambler
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