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1  Economy / Gambling discussion / Daily lottery - any interest? on: December 28, 2016, 08:13:50 PM
I've been thinking of this for some time (thus the new account on this forum)... but do you think there would be any interest in a daily lottery (eg: for each ticket, pick 5 numbers), the draw (numbers) are based off a real-life lotto (eg: NY State lotto draws - for verifiable draw), and the pool would be divided between the winners (5 numbers right gets the top prize, 4 numbers less, etc..)?

Where state-run lotteries take over 50% of the ticket pool, I was thinking the "house edge" / share would be closer to 0%, and clearly/transparently shown to all ticket holders, etc.

Ideally (dreaming big), everyone would be a winner - either by a small amount, free plays, etc. - and so maybe that the "top prize" wouldn't be as big, there would be lots of smaller players winning something.

Just curious, as I see a lot of quick gamble bitcoin sites out there, all doing the same, but I was thinking... wouldn't it be nice to play the lotto - maybe buy $100 worth of tickets, but actually have a good chance of winning - even if doubling your money, or bigger, getting a $10,000 jackpot. I'm not looking to start a powerball here, but rather a robin hood of lotto system... more winners, bigger pot (not taken by the state/house), and quick payouts...

Constructive feedback would be greatly appreciated...
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