I haven't mentioned this yet, but a week or so ago Michigan has announced the sale of their Millionaire Raffle to start March 12, 2007. What is the Millionaire Raffle? Well they started it back in November 2006 where only 500,000 tickets were sold and a drawing was made to where:
5 people won a Million
10 people won $100,000
700 won $1,000
Quoting www.michigan.gov/lottery
"Citing the overwhelming response to the first raffle, Lottery Commissioner Gary Peters said the March game will offer 600,000 tickets at $20 each. The increased number of tickets for sale in the second Millionaire Raffle gives players a chance at more prizes. This raffle will feature six $1 million prizes, 12, $100,000 prizes, and 900, prizes of $1,000 each. Overall odds for winning a raffle prize are 1:654."
Wahoo!! That's all that came out of my mouth when I first heard that. The March game will begin the 12th and for all of you looking for the best odds around, this is the game to play. With a steep $20 ticket price, it's well worth the chance for a million dollars. Will your good buddy Cliff be playing this raffle? You know it! In fact, I'll be "investing" in 5 tickets making my overall odds of winning
$1,000,000 - 1:20,000
$100,000 - 1:10,000
$1,000 - 1:133
Winning anything: 130.8
I love those odds. A small investment of only $100. Will I be crazy enough to do it? You know what I think I just might be crazy enough to do it and i'll let all of you know how much I wind up making on this venture!!!
Total Spent to date on Michigan Mega Millions: $9
Total Won to date on Michigan Mega Millions: $0
Total Profit to date on Michigan Mega Millions: $-9
Total Spent on Scratch and Wins: $5
Total Won on Scratch and Wins: $5
Total Profit on Scratch and Wins: $0
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