Ontario Lottery And Gaming Corporation (OLG) offers a game called Ontario 49. Do you play the game? If so, you might be wondering about the odds and payouts of the game. This article provides that info.
The jackpot prize in the Ontario 49 lottery game game is $1 million and the odds of winning the jackpot in the game are exactly 1-in-13,983,816. Do these odds look familiar? They might, and that’s because the odds are exactly the same as Canada’s most popular lottery game, Lotto 649. Why, then, would OLG create a different game if the odds are exactly the same? Well, for starters, the payouts are different (The payouts are smaller).
So, it’s the exact same game as Lotto 649, but with smaller payouts. Why, then, would anybody choose to play Ontario 49? Because it costs less; it costs just 50 cents per ticket versus $2 per ticket for Lotto 649. That actually makes the odds of winning Ontario 49 much better because for the $2 that you could spend on 649, you could buy four tickets, which has the effect of decreasing your odds to 1-in-3,495,954.
The Ontario 49 lottery game offers various other payouts. The following list shows the rest of the smaller money prizes available to be won:
- Matching 5-out-of-six numbers, plus the bonus number wins you $50,000.
- Matching 5-out-of-6 numbers wins you $500.
- Matching 4-out-of-6 numbers wins you $50.
- Matching 3-out-of-6 numbers wins you $5.
As you could see from the above info, you have a better chance of winning in Ontario 49 versus Lotto 649 based on the amount of money spent on each game but the prizes are smaller. If you are a regular 649 player, consider switching games if you are looking for a better shot at winning a prize.
Visit the lottery winners blog. It features cool stories about people that have won big lottery jackpots, people like this crazy lucky winner of $3.54 million.
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