Michigan Classic Lotto 47 – Prize Payouts and Odds
One of the most popular lotteries in the world is the classic Lotto 649 game. The odds of winning 649 are approximately 1-in-14-million. Michigan Lottery, on the other hand, offers the Classic Lotto 47 game. In effect it has two less numbers to choose from which lowers the odds quite a bit, from 1-in-14-million to approximately 1-in-10.7-million, making it a lot easier to win and also has decent prize payouts.
So, the Michigan Classic Lotto 47 game has relatively good odds, making it an attractive game to play for residents of the state. But what about the payouts? The payouts are decent as well. The jackpot in the game start at $1 million and increase if nobody wins it. The game draws twice per week, every Wednesday and Saturday, so the jackpot could rise to a few million dollars within a couple of weeks if nobody wins it.
The game also offers other smaller payouts. Matching 5-out-of 47 numbers has odds of 1-in-43,649 and offers a guaranteed prize of $2500. The odds of matching 4-out-of-6 numbers are 1-in-873 and offers a guaranteed payout of $100. Finally, matching 3-out-of-6 numbers has odds of 1-in-50 and offers a $5 payout.
Classic Lotto 47 doesn’t offer the biggest prizes in Michigan, that is offered by the Mega Millions game, but it is a lot easier to win. The odds of winning Mega millions are approximately 1-in-175-million, meaning that if you buy just one ticket for each of the two lotteries, you are 16 times more likely to win the Classic Lotto 47 jackpot. That’s pretty good!