Big Money Spectacular #1829 | 🏆65 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 17, 2024

Big Money Spectacular has a score of 65 making it a worse than average scratchoff.

There are 4,787,391 tickets remaining. At $2 per ticket, it would cost $9,574,782 to buy all remaining tickets. According to the latest reports from the New Jersey lottery website, there are $6,227,331 in remaining prizes.

The value of the remaining prizes is below the cost of the remaining tickets by -$3,347,451. With 4,787,391 tickets remaining, that's an average of -$0.70 per ticket.

An average of 60,977 tickets have been claimed each day between Apr 12, 2024 and Apr 19, 2024. The largest prize claimed in that time period was $500.

The last grand prize of $30,000 was claimed on Feb 7, 2024. 4,245,330 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 2,558,670 tickets.

Ticket Price:$2.00
Ticket Value:$1.30
Ticket Profit:-$0.70
Odds of Winning: 1 in 4.76
Number Tickets Printed:12,793,350
Number Tickets Remain:4,787,392
Percent Tickets Remain:37.42%
Initial Expected Value:66.02%
Expected Value:65.04%

Prizes

$30,000

Remaining:4
Claimed:1
Percent Remaining: 80.00%

$5,000

Remaining:2
Claimed:2
Percent Remaining: 50.00%

$1,000

Remaining:28
Claimed:18
Percent Remaining: 60.87%

$500

Remaining:93
Claimed:167
Percent Remaining: 35.77%

$100

Remaining:2,798
Claimed:5,019
Percent Remaining: 35.79%

$75

Remaining:1,995
Claimed:3,747
Percent Remaining: 34.74%

$50

Remaining:10,576
Claimed:19,313
Percent Remaining: 35.38%

$25

Remaining:22,725
Claimed:41,257
Percent Remaining: 35.52%

$20

Remaining:38,158
Claimed:68,470
Percent Remaining: 35.79%

$15

Remaining:60,939
Claimed:109,576
Percent Remaining: 35.74%

$10

Remaining:61,948
Claimed:108,635
Percent Remaining: 36.32%

$5

Remaining:78,859
Claimed:134,451
Percent Remaining: 36.97%

$4

Remaining:95,023
Claimed:160,893
Percent Remaining: 37.13%

$3

Remaining:160,059
Claimed:266,435
Percent Remaining: 37.53%

$2

Remaining:229,046
Claimed:367,865
Percent Remaining: 38.37%

FREE $2 TICKET

Remaining:243,550
Claimed:396,156
Percent Remaining: 38.07%

$0

Remaining:3,781,589
Claimed:6,323,953
Percent Remaining: 37.42%