Power 50X #1780 | 🏆73 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: May 17, 2024

Power 50X has a score of 73 making it a worse than average scratchoff.

There are 2,182,214 tickets remaining. At $30 per ticket, it would cost $65,466,420 to buy all remaining tickets. According to the latest reports from the New Jersey lottery website, there are $47,904,280 in remaining prizes.

The value of the remaining prizes is below the cost of the remaining tickets by -$17,562,140. With 2,182,214 tickets remaining, that's an average of -$8.05 per ticket.

An average of 9,510 tickets have been claimed each day between May 12, 2024 and May 19, 2024. The largest prize claimed in that time period was $50,000.

The last grand prize of $2,090,300 was claimed on Dec 14, 2023. 1,225,501 tickets have been sold since the last grand prize was claimed. With 3 grand prizes in the game, it's expected that there will be 1 grand prize sold every 3,072,866 tickets.

Ticket Price:$30.00
Ticket Value:$21.95
Ticket Profit:-$8.05
Odds of Winning: 1 in 3.76
Number Tickets Printed:9,218,600
Number Tickets Remain:2,182,215
Percent Tickets Remain:23.67%
Initial Expected Value:72.26%
Expected Value:73.17%

Prizes

$3,000,000*

Remaining:1
Claimed:2
Percent Remaining: 33.33%

$50,000

Remaining:2
Claimed:10
Percent Remaining: 16.67%

$10,000

Remaining:12
Claimed:24
Percent Remaining: 33.33%

$5,000

Remaining:55
Claimed:146
Percent Remaining: 27.36%

$2,000

Remaining:190
Claimed:490
Percent Remaining: 27.94%

$1,500

Remaining:215
Claimed:558
Percent Remaining: 27.81%

$500

Remaining:11,302
Claimed:36,721
Percent Remaining: 23.53%

$250

Remaining:17,040
Claimed:56,119
Percent Remaining: 23.29%

$200

Remaining:33,184
Claimed:107,303
Percent Remaining: 23.62%

$100

Remaining:108,793
Claimed:352,137
Percent Remaining: 23.60%

$50

Remaining:244,736
Claimed:792,386
Percent Remaining: 23.60%

FREE $30 TICKET

Remaining:165,086
Claimed:526,256
Percent Remaining: 23.88%

$0

Remaining:1,601,599
Claimed:5,164,233
Percent Remaining: 23.67%