Australian Newsagency Blog

A blog on issues affecting Australia's newsagents, media and small business generally.

The happy customer

Mark Fletcher
January 10th, 2017 · 3 Comments

A lottery shopper was so happy with the prize news they posted this Vine:

Cameras are everywhere.

5 likes

Category: Lotteries

3 responses so far ↓

  • 1 Peter // Jan 11, 2017 at 11:15 AM

    On examination of the ticket in the post 1 see 1 line of six numbers. The smallest Quick Pick in NSW is 4 Lines at $3.70. Be probably be fair to say a 1 line ticket cost $1.00 to say $1.20. as by buying less lines the price becomes dearer per line and cheaper per line for the more you buy. For the purposes of the answer i will a buy price of $1.00.

    The odds for getting 5 numbers out of 40 is 40*39*38*37*36 = 78,960,960 or for an investment of $1.00 form a bookmaker should return $ 78,960,960.

    However Powerball is a totaliser and not a bookmaker and it makes a very big difference. A totaliser pays on the pool collected instead of quoted odds. It would be interesting to see what John Wren (sometimes known as John West) a well known Melboure Man who has long since died.

    0 likes

  • 2 reg // Jan 12, 2017 at 8:18 AM

    Peter, it looks like a powerhit ticket at $18.60.

    However, I won’t try the maths…

    1 likes

  • 3 Peter // Jan 12, 2017 at 10:14 AM

    Thanks Reg I was wondering what is was.

    0 likes

Leave a Reply

Your email address will not be published. Required fields are marked *

Reload Image