4/8/2024 0 Comments Keno to go numbers![]() Tennessee Cash is the flagship in-state draw lottery game for the Tennessee Lottery. Tennessee Lottery runs four in-state draw games, participates in another four multi-state games, and maintains a collection of scratcher-style instant tickets.īelow is a brief guide to each game available: Tennessee Cash How to Play the Tennessee Lottery (Drawing Schedules & Buying Tickets) In this post, when game odds and other return figures are offered, remember that these are theoretical numbers based on what’s possible and not predictions of your real-world results. That’s called variance, and it’s part of what keeps lottery play (and other forms of gambling) entertaining. A player could win the $500,000 top prize on her first ticket purchase, or she could buy ten tickets and lose on all of them. You aren’t guaranteed to win once on every 3-4 tickets you buy, you’re just mathematically likely to win that way. Keep in mind that those numbers are mathematical estimates, not guarantees of returns. The return to player on this ticket is 28.99%, which means that you’ll win back about $2.89 on every $10 ticket you buy. The ticket’s posted overall odds are 1 in 3.45, implying that you’re likely to win once every 3 or 4 tickets you buy. The $10 instant win game Blazing Hot 7’s has a top prize of $500,000. Here’s a real-world example from the Tennessee Lottery. ![]() A ticket’s return to player is expressed as a percentage – the percent of each dollar bet on a game that you’re likely to win back. Another way to express this same information is “return to player,” sometimes shortened to RTP. Game odds for the lottery are expressed in decimal format, as in “1 in 10.” That means that, on average, 1 in 10 tickets purchased will result in a win. In this post, games will be discussed in terms of their overall odds and return to player. Every state lottery program in the country posts game odds and other statistics, and you can use these to make smarter choices and add a little strategy to your lottery play. Lottery play is gambling, after all, and gambling is the domain of probability math. When you’re ready to take your lottery purchases beyond the “buy a ticket and hope” level, you’ll want to start reading about strategy and game odds. Probability, Return to Player, and the Tennessee Lottery This post goes into more detail on Tennessee Lottery’s instant win games in the How to Play section below. It’s unusual to see $3 and $25 lottery ticket denominations, but even more unusual to see both of them. That’s among the biggest and most varied in the country. Most of the Tennessee Lottery’s financial success comes from their massive instant games library – at the time of this post, they sell 100 instant games in eight different denominations. Tennessee’s system of using lottery revenue to make a college education affordable for every high school graduate has become a national model for the appropriate use of lottery income. The Tennessee Education Lottery Corporation is right to brag about the more than $6 billion awarded in scholarships and other financial aid to students in the state. It’s important to highlight the revenue-sharing system in place since the Tennessee Lottery’s inception. ![]() Tennessee’s $78 gap is among the largest in the country, a testament to the lottery’s salesmanship and the strong culture of lottery gaming in The Volunteer State. You can tell a lot about the health and success of a lottery program based on the gap between average spending and average winnings. The average adult in Tennessee spends about $260 a year on lottery games, taking in about $182 in prizes. Tennessee’s citizens support their state lottery program more than the national average. That puts the Tennessee State Lottery on par with Missouri and Oregon, two states that launched their programs in the 1980s. The most recent sales figures put the figure at an average of $1.84 billion each year. Here’s the complete list of lottery games currently available through the Tennessee Lottery:Īnnual sales in Tennessee have been flirting with $2 billion a year for the past five years or so.
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