Usually when you buy a lottery ticket, no matter the country or lotteries game they’re offering, your winnings are dependant on how many other people have the same numbers you’ve selected. So if you’re the only one to pick the correct numbers you are the sole winner. However, if 1000 others have also picked the very same numbers then you end up sharing the prize with them. Although this doesn’t happen all that often with the first prize it’s pretty common with the smaller divisions. Just look at the table below which show the results for Australia’s last Saturday X Lotto draw number 3295.
Total Prize Pool:$15,014,231.36
| Division 1 | 6 Main numbers Prize Pool: $4,208,255.913 winners, each received $1,402,751.97 |
| Division 2 | 5 Main numbers, 1 Supplementary Prize Pool: $570,540.7565 winners, each received $8,777.55 |
| Division 3 | 5 Main numbers Prize Pool: $1,231,177.501050 winners, each received $1,172.55 |
| Division 4 | 4 Main numbers Prize Pool: $1,862,646.4056788 winners, each received $32.80 |
| Division 5 | 3 Main numbers, 1 Supplementary Prize Pool: $3,122,124.00147270 winners, each received $21.20 |
| Division 6 | 1 Main numbers, 2 Supplementary Prize Pool: $4,019,486.80337772 winners, each received $11.90 |
As you can see because there are so many winners in the lower divisions the actual amount you win is really pretty small.
Not so with William Hill’s lotto 49 where the amount you win depends on your stake. You’ll get an idea of how this works by studying the image below. Read the rest of this entry
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