What are the payout percentages of New York Lottery Games?

0
Posted

What are the payout percentages of New York Lottery Games?

0

The State Lottery Law allows up to 40% of ticket sales receipts to be used for the payment of prizes in the LOTTO game, or any variation of that game, such as Sweet Million. Up to 50% of ticket sales receipts may be used for prizes in the Mega Millions, Take 5, Numbers, Win 4, and Pick 10 games. Quick Draw pays out up to 60% of ticket sales receipts as prizes, and Instant Games have a 65% prize payout, with no more than three games per year paying up to 75% of ticket sales receipts as prizes. The law also allows the use of unclaimed prizes to supplement the prize structures of all the games, which enables the Lottery to return 57 cents of every dollar to players as prizes in draw games and instant games. The law requires an average of not less than 90% of sales in video lottery games to be payable as prizes, and payouts at the State’s video lottery facilities all meet or exceed that level.