Canadian Lotto 649

Complete Odds &
Return to Players

           

View the Current 2013 Lotto 649 Analysis

The purpose of this page is to provide Lotto 649 players with the supplemental information that is not readily available on the sponsored lottery site.



Lotto 649
Highlights 		Mid-size
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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.

Jackpot:  M
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Table L649-7: Lotto 649 Expanded Odds Calculations
About The Lotto 649 is a Canadian National lottery. It is governed by the Interprovincial Lottery Corporation.

Format Lotto 649 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 Lotto 649 is a Mid-size Lottery. We classify it as such because its Jackpot Parity is approximately C$22 million, which is over C$10 million and less than C$100 million.

Prizes The minimum Lotto 649 jackpot prize is
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; and, all other cash prizes are predefined as well. These are summarized in the table above. If no one wins the jackpot amount, a portion of the proceeds is rolled forward to the next drawing, allowing the jackpot to grow. All other prizes are established as a fixed amount, or as a pari-mutuel amount of an allocated percentage prize pool.


Combinations In the Lotto 649 lottery, there are a total of
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combinations.

Winners Of these, there are
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winning combinations. This represents
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of the combinations. The overall odds of having a winning combination is
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to 1 (the lower the better).

Losers There are
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losing Lotto 649 combinations. This is
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of the combinations. The overall odds of having a losing combination is
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to 1 (the higher the better; because as this number gets closer to 1, nearly every ticket is a loser.

Price  Each Lotto 649 ticket costs 
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Money Raised  Assuming all tickets are sold and there are no duplicates, a total of 
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 will be raised.
Table L649-4: Lotto 649 Summary
Format 6/49+Bonus
Class Mid-size
Min Jackpot
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Jackpot Type Cash
Combos
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Total Winners
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Total Losers
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Overall Winners
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Overall Losers
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Pct Winners
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Pct Losers
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Price
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Amount Raised
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Tot Payout
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Avg Ticket Payout
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Normalized Payout/$
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ReturnOn$
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Jackpot/Odds
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Return Sensitivity
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Jackpot Parity
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Prize Pool  Of this,  
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 will be allocated to the prize pool to be paid back to the players when the jackpot is set to  
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  This is determined in two ways. First, 47% of the money raised is determined. This amount is allocated to the 1st, 2nd, 3rd, 4th, and 5th place winning combinations. In addition to this, outright predetermined cash prizes for the 6th through 8th place winning combinations are added. Note that while 80.50% is allocated to the jackpot prize pool, the actual jackpot may be substantially less than this calculated amount.



Average Winning Ticket Payout  On the average, each winning ticket will pay 
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 to the players. Since a ticket costs 
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, the normalized payout per Dollar spent is 
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Income Returned to Players  Based on this information,  
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  of each $ raised will be returned to the players.


Return Sensitivity  If the Lotto 649 Jackpot changes by C$1.0 million, the above Income Returned to Players will change by 
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 (up or down).


Jackpot Parity  In order for Lotto 649 to return C$1.00 of each dollar raised, the Jackpot must be equal to 
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References
You can learn more about the Lotto 649 Lottery and verify our findings by visiting our references.