Idaho 4th of july raffle
Just wow. I have noticed some unhealthy lottery raffles, however this takes the cake! The 10 $1,000 2d tier prizes is awful, however that pales compared to the bottom tier prize of $15. So one spends $10 on a distinct raffle price ticket, and the Idaho Lottery thinks persons are going to be excited to in all probability win slightly over break-even.
|Prize Amount||Number of Winners||Odds|
|Total: $260,000 Awarded out of $500,000 gross sales; 52%||Total: 6,861 Winners out of 50,000 tickets||Overall odds of profitable any prize 1 in 7.29|
The $50 prize will have to were the bottom presented. Winning $50 on a $10 bet is a good comfort prize verses profitable a measly $15, which, whilst higher than not anything, will depart many avid gamers unexcited and feeling ripped off. It’s no surprise the tickets are promoting at a glacial tempo.
And, as already identified through Todd, the naming of the raffle is devious. Many posters within the Idaho Lottery Facebook remark segment specific confusion in regards to the drawing date, and disbelief they have got to attend a protracted, indeterminate time sooner than there may be in fact a drawing. As of this second, nonetheless over 14% left (7,000+ last), so it is going to be awhile…
Maybe through Labor Day avid gamers will in spite of everything see whether or not they gained or misplaced. Some have most likely already misplaced their price ticket(s) and/or suppose the drawing already took place, and discarded them. All in all, the Idaho Lottery raffle is horrible. They want to restructure the following one, in the event that they ever do it once more, with higher prize distribution, a transparent drawing date, and general prize construction that excites avid gamers with out them feeling utterly ripped off.