Canadian Ontario 49 (eff. May 2014)Complete Odds & Return to Players  
Ontario 49 Highlights  Mini  replace 2  replace 3  replace 4  replace 7  $0.000000  replace 7 
Class  Winners  Losers  Overall Odds  Overall Return  Return Sensitivity  Payout per C$ 
We believe this is important because most lotteries only provide players with minimal amount of information: the odds of each winning combination occurring; the overall probability of having a winning ticket; the price of each ticket; the game format; the total number of combinations; and a few other items.
However, this page fills in the missing blanks. Included here are the complete odds and probabilities of every winning and losing ticket. It provides you with a comparison of winners to losers, the monies collected, the monies distributed back to players, and more.
Lottery Power Picks has taken every effort to ensure that this summary information is correct by reading and bookmarking all information provided by the organizing lottery body. But, in certain instances, clearly defined rules are not written. In those instances, we made assumptions that are linguistically consistent with the rules. Should any information be incorrect, please inform us so that we may correct it. We hope you find this information useful in understanding the lottery you play.
Table ONT497: Ontario 49 Expanded Odds Calculations


About:
The Ontario 49 is a Canadian Regional lottery. It is governed by the Ontario Lottery and Gaming Corporation. It is available only in Ontario.
Format: Ontario 49 requires a player to make 1 choice: (1) Pick 6 numbers out of a set of 49 white balls. If the player picks the same numbers as those that are drawn in the next drawing, the player wins the Jackpot prize. Smaller prizes are awarded for other combinations. A bonus ball is also selected. This is used for awarding alternate prizes. Class: Ontario 49 is a Mini Lottery. We classify it as such because its Jackpot Parity is approximately C$8.2 million, which is under C$10 million. Prizes: The Ontario 49 jackpot prize is fixed at replace 1; and, all other cash prizes are predefined. These are summarized in the table above. No portion of the proceeds is rolled forward to the next drawing, which means that the jackpot is fixed and will never grow. Combinations: In the Ontario 49 lottery, there are a total of replace 1 combinations. Winners: Of these, there are replace 8 winning combinations. This represents replace 2 of the combinations. The overall odds of having a winning combination is replace 4 to 1 (the lower the better). Losers: There are replace 9 losing Ontario 49 combinations. This is replace 3 of the combinations. The overall odds of having a losing combination is replace 4 to 1 (the higher the better; because as this number gets closer to 1, nearly every ticket is a loser. Price: Each Ontario 49 ticket costs replace 9 Money Raised: Assuming all tickets are sold and there are no duplicates, a total of replace 10 will be raised. 

 
Prize Pool: Of this, replace 11 will be allocated to the prize pool to be paid back to the players when the jackpot is set to replace 8. Since the jackpot is fixed, this amount will never grow. Average Winning Ticket Payout: On the average, each winning ticket will pay replace 7 to the players. Since a ticket costs replace 9, the normalized payout per Dollar spent is replace 7 Income Returned to Players: Based on this information, replace 7 of each $ raised will be returned to the players. Return Sensitivity: The return sensitivity of Ontario 49 is 0 (zero). This is because the jackpot remains constant and will not fluctuate. Jackpot Parity: In order for Ontario 49 to return C$1.00 of each dollar raised, the Jackpot must be equal to replace 7. However, this will never be reached because the jackpot is fixed at C$2,000,000  
 
References:
You can learn more about the Ontario 49 Lottery and verify our findings by visiting our references.  
