Lotto America

Nov 2017 Complete Odds & Return
(Previously Hot Lotto)
           

View the previous Hot Lotto Analysis

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



Lotto America
Highlights 		Mid-size
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Class Winners Losers Overall Odds Overall Return Return Sensitivity Payout per $

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 LA7: US Lotto America Expanded Odds Calculations
About Lotto America a US Multi-State lottery that is played in 12 states and the District of Columbia. It is governed by the Multi-State Lottery Association, MUSL. This is a non-profit government benefit association owned and operated by the 13 member lotteries.

Format Lotto America requires a player to make 2 choices: (1) Pick 5 numbers out of a set of 52 white balls; and (2) Pick 1 Star Ball from a set of 10 red 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.

Class Lotto America is a Mid-size Lottery. We classify it as such because its Jackpot Parity is approximately $22.2 million, which is over $10 million.

Prizes The minimum Lotto America jackpot prize is
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, which will be paid as cash only. Uniquely, the jackpot value paid will be the full advertised amount. All taxes (federal and State) will be paid by the MUSL. All other cash prizes are predefined as well and 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, and do not vary.


Combinations In the Lotto America 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 America 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 America 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 LA-4: Lotto America Lottery Summary
Format 5/52+1/10
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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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 America Jackpot changes by $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 America to return $1.00 of each dollar raised, the Jackpot must be equal to 
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References
You can learn more about the Lotto America Lottery and verify our findings by visiting our references.