The Illinois Lottery
has announced another "Millionaire Raffle" to take place the summer of 2007.
Following the inaugural "St. Patrick's Day Millionaire Raffle", in which the
response from players was overwhelmingly positive, the Illinois Lottery reasoned
it was time to make some more millionaires and give those players who did not
get a chance to compete in the first raffle to do so this time around.
The St. Patties raffle
sold out within twenty-five days of the tickets going out to lottery retailers
on February 5, 2007. With a cap set on 500,000 tickets, the odds of winning were
much greater than the traditional lottery jackpot. The only catch was that
tickets cost plenty more than single $1 tickets. Still, at $20 a pop, the
millionaire tickets were within the bankroll's of most players. Considering that
many lottery players often buy twenty or more tickets at a single time, the
Millionaire Raffle seemed like a brilliant idea. So far, it has proven to be so.
The second Millionaire
Raffle will create four more millionaires, five $100,000 jackpot winners, and
several other prizes, resulting in a total of 509 winners. The odds of winning
$1 million are 1 in 125,000, while one out of 982 tickets will win a cash award.
Tickets go on sale June 18, and will again be capped at 500,000, and for $20
apiece.
Like the first one,
Illinois Lottery representatives are expecting the tickets to sell out quick.
The final drawing will take place on July 31, at which time all 509 winners will
be randomly selected by a Random Number Generator, which is the same technology
used to determine winners at online casinos.