$5,000 Cash Multiplier #634 | 🏆20 help_outline

This site is shutting down soon. I don't have the time to maintain it or provide support, and it's costing too much money each month to run the servers. I have a friend who is considering taking over. If you want to see the site maintained, you can try talking them into it. Email support@scratchoff-odds.com and I'll forward them your message.

If you're looking for an alternative to this site, a web search will provide a few options on the first page of results. If you prefer this site over the alternatives, I'd be interested in hearing why so I can know what I did right.

If you're a data scientist and want a historical database of scratchoff data as reported by state websites, send me a link to some of the work you've done - your Github or whatever. You might be able to find some interesting anomalys and perhaps even discover possible fraud or exploitable patterns. (If you do, I want a cut.)

It's been fun. Good luck out there!

Analysis

Last Updated: Apr 18, 2024

$5,000 Cash Multiplier has a score of 36 making it one of the worst scratchoffs in the country.

There are 5,931,563 tickets remaining. At $1 per ticket, it would cost $5,931,563 to buy all remaining tickets. According to the latest reports from the Michigan lottery website, there are $2,160,267 in remaining prizes.

The value of the remaining prizes is below the cost of the remaining tickets by -$3,771,296. With 5,931,563 tickets remaining, that's an average of -$0.64 per ticket.

An average of 43,933 tickets have been claimed each day between Apr 12, 2024 and Apr 19, 2024. The largest prize claimed in that time period was $5,000.

The last grand prize of $5,000 was claimed on Apr 17, 2024. 34,135 tickets have been sold since the last grand prize was claimed. With 5 grand prizes in the game, it's expected that there will be 1 grand prize sold every 2,013,453 tickets.

Ticket Price:$1.00
Ticket Value:$0.20
Ticket Profit:-$0.80
Odds of Winning: 1 in 8.19
Number Tickets Printed:10,067,265
Number Tickets Remain:5,973,698
Percent Tickets Remain:59.34%
Initial Expected Value:20.80%
Expected Value:20.48%

Prizes

5000

Remaining:3
Claimed:2
Percent Remaining: 60.00%

50

Remaining:376
Claimed:305
Percent Remaining: 55.21%

10

Remaining:11,169
Claimed:8,983
Percent Remaining: 55.42%

5

Remaining:61,309
Claimed:46,191
Percent Remaining: 57.03%

2

Remaining:114,337
Claimed:80,399
Percent Remaining: 58.71%

1

Remaining:542,471
Claimed:364,134
Percent Remaining: 59.84%

$0

Remaining:5,244,033
Claimed:3,593,553
Percent Remaining: 59.34%