Published on 20th November 2007 by Double Million-Dollar Lottery Winner Terry Fisher in Gambling

California has three main lottery games and several subsidiary ones. The California lottery's official website is at http://www.calottery.com. Perhaps the easiest game to win is California's Fantasy 5 lottery. This picks five balls from 39, and the odds of a single ticket winning are 1-in-575,757. Fantasy 5 payouts start at $50,000 for First Prize and increase if not won, up to a maximum of $500,000. It also pays out for four numbers, three numbers, and gives you a free ticket for matching two numbers. It costs $1 for each play. California Fantasy 5 prizes are always paid in cash, in full. Lottery Systems suitable for California's Fantasy 5 lottery can be found at http://www.power-ball-pro.com The multistate lottery game, Mega-Millions, is also offered in California. While the odds of winning Mega-Millions are massive at 1-in-175,711,536, there are nine different ways to win. Mega-Millions is the largest lottery game in America, played every Tuesday and Friday. It starts with a First Prize of $12 million and has had a record payout of $390 Million. Winning Mega-Millions requires you to mark five numbers from 1 to 56 and also one number between 1 and 46. You have a choice of being paid in 26 annual instalments or receiving a reduced cash value prize. This single cash value prize is normally around 55 to 60% of the published jackpot amount; the theory is that if it is invested for 26 years it will grow to the jackpot amount. California's own SuperLotto Plus is drawn twice a week, on Wednesday and Saturday. You need to correctly choose from five numbers between 1 and 47, plus one number from a separate set of numbers between 1 and 27. SuperLotto Plus starts with a jackpot of $7 million, and its record payout is $193 million. Players have the option of being paid in 26 annual payments or receiving a reduced cash lump sum immediately. There are nine different ways to win, but the odds of winning first prize are very high at 41,416,353-in-1. California lottery players get around 54% back in the form of prizes; around 34% goes to the public education budget; about 7% is commission for lottery retailers, and the remainder covers the expenses of running the California lottery. Currently (Nov 2007), there are discussions in progress regarding privatising the California lottery and broadening the benefits to California's citizens beyond the education field. Predictably, those in education are not impressed by the fact that their funding may be compromised by political promises in the health area. Rather than an outright sale, California would probably lease its lottery. California lotto started in 1984, with sales at 1.8 billion, and sales increased up to more than $3.5 billion for the financial year 2005/6. However, even at $3.5 billion, California lottery underperforms most American lotteries in terms of sales per capita - one of the reasons privatisation has become a talking point.

Article Source: www.articleactive.com

Million-Dollar Lotto Winner Terry Fisher's book "Powerball Pro" offers lotto systems suitable for all Pick-5 lotto games. Alternatively, custom lotto systems can be created for the Pick-5 Lotto.

Tags: betting, gambling, casino, recreation, sports, lottery, lotto, general, lotteries, mega millions

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