Anyone win in the Foothills Hospital Home Lottery?

[krispykream]

yea but i think more people would buy it if it was cheaper. thus raising more

[The Yen Man]

I'm not sure it would raise more. They only have a set number of tickets, and it always seems to sell out every year. They probably keep the ticket prices higher in order to keep the ticket numbers lower, so that people have a bigger chance at winning something.

[Bobblehead]

Originally Posted by krispykream

yea but i think more people would buy it if it was cheaper. thus raising more

Why would they even consider that, they almost always sell out. That is part of the allure - the limited number of tickets so the odds of winning something is much higher than other lotteries.

Dropping the price would just cost them revenue. Increasing the number of tickets sold would decrease the odds of winning and cause some prospective buyers to lose interest.

[krispykream]

yea i guess your right they only print out 135k tickets and 500k some for the 50.50

[You Need a Thneed]

Originally Posted by krispykream

yea but i think more people would buy it if it was cheaper. thus raising more

if the tickets were cheaper, you would have to sell more tickets to raise the same amount of money, meaning that the odds of winning would be less, making the perceived value of the tickets less.

I'd bet that they have knowledgeable professionals in charge setting the price points to maximize the proceeds.

[FlamesAddiction]

I play the Princess Margaret and London Dream Home lottery every year and have won a knife set, an iPod, a bagel toaster and panini grill. All stuff that I don't need, but still nice to win anything when you play.

I also won a couple of gift card for Montanas, Harvey's, Kelsey's, and Swiss Chalet.

[Bigtime]

Our south store manager and his wife won the grand prize home in the Lifestyles Lottery a few months ago.

[Bobblehead]

Yeah, I play the Foothills and Lifestyle Lotteries most years, and for a long time didn't win a thing. but in the last 4 years I've gotten headphones (which retails for the price of a ticket), a $100 gift certificate to Campers Villiage, and a fancy alarm clock (which retails for the price of a ticket). So I have won 3 "break even" prizes.

[krispykream]

how many tickets do you guys buy? 1,3 or 5?

[FlamesAddiction]

Originally Posted by krispykream

how many tickets do you guys buy? 1,3 or 5?

I usually buy a 3-pack for $250.

I have also played the Sick Kids Lottery in the past and tickets are cheaper, but I never win anything so I stopped playing.

[REDVAN]

I've bought some tickets for STARS.

I intend to buy about $100 worth of tickets for the hospital ones too- I can afford it now that I work downtown LOL

[Bobblehead]

Originally Posted by REDVAN

I intend to buy about $100 worth of tickets for the hospital ones too- I can afford it now that I work downtown LOL

That will get you 1



I usually only get one but a couple of times I have gotten 3.

[Minnie]

Just 1, and since they offered it, the buy-in for the 50/50 split.

[transplant99]

Originally Posted by krispykream

yea thats what i am thinking its for a good cause, but at the same time if it is a scam or rigged then i would not support it at all

There is little to NO chance that lotteries/raffles on this scale are anything but on the up and up. There are stringent regulations to putting one of these on, and they risk far far too much by trying to rig anything. these kinds of things raise a LOT of money for their charity.

[DuffMan]

I won a VCR a few years ago.

I haven't bought tickets in any of these since they went to the format of getting more tickets for cheaper, the more money you put in. I can only afford $100 and i know the people who put in more have better odds than me. Aside from giving to a charity I hate to play games of chance when I am immediately at a disadvantage.