Results for - Winner-take-all Lotteries

1,474 voters participated in this survey

1. Across North America (and elsewhere in the world) there are numerous government run or sanctioned multi-million dollar lotteries. Typically they tend to be of the Pick-6 or Pick-7 variety, take place once or twice a week and cost between $1-$5 per ticket to play each time. Do you ever play any of these type lotteries?

520 votes
740 votes
Not Applicable
214 votes

2. It seems most if not all of these lotteries are structured on a 'winner-take-all' basis where (usually) one ticket wins a multi-million dollar prize and all the secondary prizes, given the overall size of the prize pool, are sadly under-rewarded relative to the odds of winning them. Considering this, would you be more encouraged to play these lotteries - or play more often - if the grand prize jackpot was split between more winners and/or reduced somewhat to allow for more worthwhile secondary prizes so to spread the wealth a little more?

Yes. I would probably start playing or playing more if I could see a greater chance of winning a difference-making amount. The way they are now 99.9% of people will never even win back the money they end up spending on these lotteries.
469 votes
No, either I like the prize structure of these lotteries as they are or I would never play these kind of lotteries regardless of how the prizes were apportioned because I consider playing them to be nothing more than voluntary taxation.
260 votes
I am undecided
368 votes
Not Applicable - these lotteries are not available where I live.
377 votes

3. Which of the following would you be more interested in playing?

A lottery with one grand prize of $50 Million.
187 votes
A lottery with one hundred grand prizes of $500,000 each.
719 votes
Not Applicable - would not be interested in playing either.
568 votes
11/30/2015 Money 1474 27 Anonymous