Lucky the CES (Chief Executive Squirrel) @ LotterySquirrel.com has made his picks for the top 6 charitable lotteries in Ontario for October 2009. . We have received numerous requests: Which are the best? Where should I invest? Upon a forensic review of what is available to the people of Ontario, comparing “tickets for sale / odds / prizes /cost / cash alternatives”, here are Lucky the Lottery Squirrel’s best bets:
We feel all charitable lotteries are worth supporting
- Sarnia Dream Home Lottery
Bluewater Health Foundation – This is voted by LotterySquirrel.com & WinBIG.ca as the “Best Chance to Win a Dream Home in Ontario & Canada on a $100 ticket (Summer/Fall 2009).”
Why rated #1?
This is ideal for all residents of Ontario to play with very low odds. With only 7,200 tickets for sale – 474 PRIZES — the $100 ticket price offers a cash value for the top prize – $300,000. If you win the dream home, you can take the cash and not have to move.
- Millionaire Lottery
London Health Sciences Foundation
123,000 tickets will be sold- 3,146 PRIZES
Tickets are 1 for $50, 3 for $100, 9 for $250 ($27.78 a ticket).
Why rated #2?
This is ideal for all residents of Ontario to play with various ticket prices with lots of prizes. This is the only top 6 pick that allows someone to play for $50 for a single ticket. You just need one ticket to win. The top prize has a cash option of $1 Million dollars, many cash prizes and some gift cards. No prizes like radios, CD players, luggage, etc – things you do not need.
- Ontario Cancer Society Lottery
Ontario Canadian Cancer Society Lottery
235,000 tickets will be sold- 43,177+PRIZES
Tickets $100 or 3 for $250
Why rated #3?
This is ideal for all residents of Ontario to play – all prizes have a cash alternative – all charitable lotteries should offer this. Three prizes of $3 million along with 9 other grand prizes & more. - Heart & Stroke Lottery
Ontario – Heart and Stroke Foundation
240,000 tickets will be sold- 68,789 PRIZES
Tickets $100 or 3 for $250
Why rated #4?
This is ideal for all residents of Ontario to play with with lots of prizes.The ONLY charitable lottery offering a TOP PRIZE of $1.5 million CASH. All top 10 prizes have cash alternatives. Electronic and Lifestyle and Home prizes should have cash alternatives for this lottery to rate higher.
- Dream of a Lifetime Lottery
Ottawa – CHEO Foundation
58,000 tickets will be sold- 4,482 PRIZES
Tickets $100 or 3 for $250
Why rated #5?
This is open to all residents of Ontario to play with with lots of prizes. This lottery would have rated higher if the top prize had a cash alternative. The top prize does come with $100,000 cash, and some cash options on the car included in the prize package. Some of the other prizes have partial cash alternatives.
- The Princess Margaret Welcome Home Sweepstakes
Toronto – The Princess Margaret Hospital Foundation
267,000 tickets will be sold – 26,701 PRIZES
Tickets $100 or 3 for $250
Why rated #6?
This is open to all residents of Ontario to play with with lots of prizes. This lottery would have rated higher if the top prizes had cash alternatives. Living in a city like London and winning the top prize in Oakville could creative a lot of hardship. You could be forced to move or have to enlist the help of someone there to watch the place while you try to sell. You would be on the hook for property taxes, utilities, alarm monitoring, insurance, security, lawn maintenance, snow removal, etc — this could really cost you big bucks. The $3.5 Million dream home would have to maybe have the furniture sent to auction and the house price lowered to sell. Real Estate fees would be high. You could sell one of the top prizes and you could walk away with a lot of money, but it would take some time and money up front. A cash alternative would make things simple. It is still worth buying.
GOOD LUCK!
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