Lotto Max
Lotto Max is the most popular lottery in Canada. It is extremely simple, which is why it has won the Canadian’s hearts. Player have to choose seven numbers from the pool from 1 to 49. To win jackpot, a player has to get six numbers and one additional number right. A player can place bets on his favorite numbers how many times he/she wants.
How to play Lotto Max?
A player wins the main prize if he/she manages to match all the numbers. In the event that there are more than one person who manage to do that, the prize is divided between them equally. It often happens that nobody guesses the numbers drawn. Then the amount of the jackpot is transferred to the next draw, which can increase the next one at least twice. What are the chances that a player hits the jackpot in lotto Max?
The probability of matching seven numbers is 1: 28 633 528. The chances of winning the 6/7 prize + bonus are about one quarter million, and the chances of matching 6 numbers are less than one hundred thousand. The chance to win when a player guesses 5 of seven numbers is 1 in 1584, while a chance to predict four numbers and receive a $20 reward is 1 in 71. Players who guess only three numbers and the bonus ball also receive $20.
What is important is the fact that the jackpot is limited and its upper limit is $50 million. If the limit is reached, its surplus is used in Maxmillions draw. If several players guess the numbers, the sum of money is divided equally between them.
How much can I win in Lotto Max?
The players may win a really big amount of money. The minimum amount that can be won is presented in the table below:
|
Divisions |
Numbers Matched |
Winning Odds |
|
1 Prize |
7 |
$10,000,000 |
|
2 Prize |
6 + 1 |
$300,000 |
|
3 Prize |
6 |
$8,000 |
|
4 Prize |
5 |
$200 |
|
5 Prize |
4 |
$20 |
|
6 Prize |
3 + 1 |
$20 |
What if I win Lotto Max?
The player must collect their prizes up to one year time, otherwise the money is lost. This amount goes back to the game and increases future prizes as well as starts a special promotion. It is worth mentioning that these amounts are kept on a separate account and managed by another authority, called the Interprovincial Lottery Corporation.
What are the chances to win in Lotto Max?
The probability that a player chooses the same numbers that will be drawn is 1:28 663 528. For the second degree prize, the chances are 1: 40 090 504, and for the third 1: 99 768. What the chances of winning by players are is presented in the set below:
|
Divisions |
Numbers Matched |
Winning Odds |
|
1 Prize |
7 |
1:28,663,528 |
|
2 Prize |
6 + 1 |
1:4,090,504 |
|
3 Prize |
6 |
1:99,768 |
|
4 Prize |
5 |
1:1,584 |
|
5 Prize |
4 |
1:71 |
|
6 Prize |
3 + 1 |
1:77 |
|
7 Prize |
3 |
1:8 |
Source: www.lotterypros.com