Lotto Max has reached the $50 Million dollar mark and currently has $10 Maxmillions. If the jackpot is not won, all funds will be put into the Maxmillions. We estimate if the jackpot is not won, the Maxmillions will jump to $30 to $40 million for next week.
If the $50 million is won, the Maxmillions roll over to the regular jackpot pot and the Maxmillions disappear until the jackpot is at the $50 million mark again.
While the the jackpot is at $50 Million, the Maxmillions will grow: $30, $50, $60, $100+ Maxmillions could be possible.
If the jackpot is at $50 million and there are separate 100 Maxmillion prizes, the media will be promoting $150+Million up for grabs -TAX FREE. This will certainly gain world attention, and border towns will see an influx of Americans buying Lotto Max tickets.
Canada could become the gambling capital of the world!
It may work out that we have a $50 million winner, and the next jackpot will start at $30, $40, or $50 million because of the rollover of the MAXmillion money.
This means this new lottery could be advertised weekly at or close to the $50 million mark. This will certainly draw people to play this lottery. Who could not use $50 Million these days?
Regular office lottery pools will be popping up all over Canada.
I have talked to one local lottery retailer who told me the most they have paid out to any single winner on this lottery so far was $20.
People are playing this lotttery, but winners are hard to find.
Many Super 7 players ($2 tickets) were upset with this new lottery costing $5 a ticket and said they will not be playing. Lotto 649 lost players when they jumped to $2 a ticket from $1. But with an advertised JACKPOT of $50 Million people will likely get a ticket, costing 2.5 times the cost of a Super 7.
Time will tell.
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