PayDay (lottery)

From Deletionpedia.org: a home for articles deleted from Wikipedia
Jump to: navigation, search
This article was considered for deletion at Wikipedia on October 26 2019. This is a backup of Wikipedia:PayDay_(lottery). All of its AfDs can be found at Wikipedia:Special:PrefixIndex/Wikipedia:Articles_for_deletion/PayDay_(lottery), the first at Wikipedia:Wikipedia:Articles_for_deletion/PayDay_(lottery). Purge

PayDay was a lottery game administered by several regions of Canada. The game draws four numbers from 1 through 77. Each ticket contains 15 sets of numbers. Their distribution is located in the table below.[1]

The first Payday draw in Ontario was held on June 02, 2005[2] and the last on June 10, 2010,[3] and the last draw held by the Western Canada Lottery Corporation was on January 17, 2013.[4]

Prize category sets of numbers
$1,000 A Week For 1
$50,000 2
$20,000 4
$1,000 8

Payout table

Source:[5]

Number of Matches Prize Category Prize Odds of Winning per $2 play.
4/4 $1,000 A Week For Life $1,000 A Week For Life annuity or single cash payment of $675,000 1: 1,353,275
4/4 $50,000 $50,000 1: 676,638
4/4 $20,000 $20,000 1: 338,319
4/4 $1,000 $1,000 1: 169,159
3/4 Any Prize Category $25 1 in 309
2/4 Any Prize Category $2 1 in 6.2
Any Prize 1 in 6.1

A cash option is standard practice in Canadian lotteries for annuity prizes, while in the United States a cash option for a "lifetime" prize has been introduced and has become commonplace.

References


Template:Canada-corp-stub Template:Gambling-stub