A Texas Lottery $5 Book of Scratch Tickets by The Numbers
For those of you that don't know, I play Texas Lottery scratchers regularly. I have even, on a few occasions, bought a book of tickets to see if I could beat the Texas Lottery odds and win big! Did you know that each book has a guaranteed payout? I will use an example of a full $5 book. Let's use the latest release of Christmas tickets because they have just been issued and have the most top jackpots remaining.
$5 NUTCRACKER CASH TICKET:
There are a total of 75 tickets in most $5 books. This means if you bought an entire $5 book your investment would be $375.00 The guaranteed payout for that same book is $175.00. This means if you buy a book you stand to lose $200.00 right off the bat unless you find that lucky roll with a stray big winner or two. Check out the breakdown of exactly how winners are dispersed within a book of this game:
IN EVERY BOOK:
There are approximately 11 winning tickets for $5. The odds are 1 in 8.33
There are approximately 6 winning tickets for $10.00. The odds are 1 in 12.50
There is at least one $20.00 winner for each book. The odds are 1 in 50
There is at least one $25.00 winner for each book. The odds are 1 in 50
A $50.00 winner is found at least once in every two books. The odds are 1 in 80.27
A $100 winner is found at least once in every 5 books. The odds are 1 in 375.00
A $200 winner is found at least once in every 53 books. The odds are 1 in 4000.00
A $500 winner is found at last once in every 80 books. The odds are 1 in 6000.00
A $1000 winner is found at least once in every 1700 books. The odds are 1 in 128,571.28. There is a total of 56 $1000 prizes.
Top prizes of $100,000 are found once in every 19,200 books, The odds are 1 in 1,440,000.00. There are a total of 5 top prizes.
All information is courtesy of the Texas Lottery website.
Please play Texas Scratchers responsibly!