Ladbrokes Irish Lotto Prize Breakdown

Posted : admin On 4/8/2022

Ladbrokes irish lotto prize breakdown lotto

Ladbrokes Irish Lotto Prize Breakdown Results

View the latest Irish Lotto results, including Plus 1 and Plus 2 numbers. Find prize breakdown information and jackpot amounts. Are you a lucky winner? Lotto Warrior check draw number Philippine PCSO lotto results Hong Kong's Mark Six lotto results Today and history jackpot.

Ladbrokes Irish Lotto Prize Breakdown Winning

Ladbrokes irish lotto prize breakdown lotto

Ladbrokes Irish Lotto Prize Breakdown Winners

Irish Lotto

Complete Odds &
Return to Players

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The purpose of this page is to provide Irish Lotto players with the supplemental information that is not readily available on the sponsored lottery site.


Ladbrokes Irish Lotto Prize Breakdown

Irish Lotto
Highlights 		Mid-size
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Class Winners Losers Overall Odds Overall Return Return Sensitivity Payout per €
Ladbrokes Irish Lotto Prize Breakdown

We believe this is important because most lotteries only provide players with minimal amount of information: the odds of each winning combination occurring; the overall probability of having a winning ticket; the price of each ticket; the game format; the total number of combinations; and a few other items.
However, this page fills in the missing blanks. Included here are the complete odds and probabilities of every winning and losing ticket. It provides you with a comparison of winners to losers, the monies collected, the monies distributed back to players, and more.
Lottery Power Picks has taken every effort to ensure that this summary information is correct by reading and bookmarking all information provided by the organizing lottery body. But, in certain instances, clearly defined rules are not written. In those instances, we made assumptions that are linguistically consistent with the rules. Should any information be incorrect, please inform us so that we may correct it. We hope you find this information useful in understanding the lottery you play.

Jackpot: M

Ladbrokes Irish Lotto Results Prize Breakdown

Table IR-7: Irish Lotto Expanded Odds Calculations
About The Irish Lotto is an Irish National lottery. It is governed by the National Lottery Corporation
Format Irish Lotto requires a player to make 1 choice: (1) Pick 6 numbers out of a set of 45 white balls. If the player picks the same numbers as those that are drawn in the next drawing, the player wins the Jackpot prize. Smaller prizes are awarded for other combinations. A bonus ball is also selected. This is used for awarding alternate prizes.
Class Irish Lotto is a Mini Lottery. We classify it as such because its Jackpot Parity is slightly less than €10 million.
Prizes The minimum Irish Lotto jackpot prize is ; and, all other cash prizes are predefined as well. These are summarized in the table above. If no one wins the jackpot amount, a portion of the proceeds is rolled forward to the next drawing, allowing the jackpot to grow. All other prizes are established as a fixed amount, or as a pari-mutuel amount of an allocated percentage prize pool.
Combinations In the Irish Lotto lottery, there are a total of
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combinations.
Winners Of these, there are winning combinations. This represents
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of the combinations. The overall odds of having a winning combination is to 1 (the lower the better).
Losers There are
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losing Irish Lotto combinations. This is of the combinations. The overall odds of having a losing combination is
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to 1 (the higher the better; because as this number gets closer to 1, nearly every ticket is a loser.
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Money Raised Assuming all tickets are sold and there are no duplicates, a total of
will be raised.

Table L6-4: Irish Lotto Summary
Format 6/45+Bonus
Class Mini
Min Jackpot
Jackpot Type Cash
Combos
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Total Winners
Total Losers
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Overall Winners
Overall Losers
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Pct Winners
Pct Losers
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Price
Amount Raised
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Tot Payout
Avg Ticket Payout
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Normalized Payout/$
ReturnOn$
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Jackpot/Odds
Return Sensitivity
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Jackpot Parity

Prize Pool Of this,
will be allocated to the prize pool to be paid back to the players when the jackpot is set to
This is determined in two ways. First, 52% of the money raised is determined. This amount is allocated to the 3rd, 4th, 5th, and 6th place winning combinations. In addition to this, outright predetermined cash prizes for the 1st, 2nd, and 7th place winning combinations are addedi.

Average Winning Ticket Payout On the average, each winning ticket will pay
to the players. Since a ticket costs
, the normalized payout per € spent is

Income Returned to Players Based on this information,
of each € raised will be returned to the players.

Return Sensitivity If the Irish Lotto Jackpot changes by €1 million, the above Income Returned to Players will change by
(up or down).

Jackpot Parity In order for Irish Lotto to return €1.00 of each euro raised, the Jackpot must be equal to
References
You can learn more about the Irish Lotto Lottery and verify our findings by visiting our references.