Lotto Max Changes
Exciting changes were introduced to Canada Lotto Max in May 2019, including the addition of another weekly draw and an increase in the maximum jackpot. This page has all the details of the changes that took place.
One of the biggest changes was the addition of a second weekly draw. Lotto Max was originally only drawn on a Friday but the introduction of another draw on Tuesday nights means that two now take place every week. With the extra draw in place, jackpots grow faster than ever, so the cap was increased to $70 million, its highest ever amount.
In addition to the jackpot cap increase, two new prizes were introduced. There is now a prize for matching five numbers plus the bonus, and one for matching four plus the bonus.
Another number was also introduced, so you choose seven plus a bonus from a range of 1 to 50, instead of the previous range of 1 to 49. The odds of winning therefore changed too. The table below shows how the Pools Fund was previously split and how it is split after the changes were introduced, as well as the updated odds of winning:
|Matches||Previous Pools Fund %||New Pools Fund %||Previous Odds||New Odds|
|7/7||89.25%||87.25%||1 in 28,633,528||1 in 33,294,800|
|6/7 + Bonus||3.15%||2.5%||1 in 4,090,504||1 in 4,756,400|
|6/7||3.35%||2.5%||1 in 99,768||1 in 113,248|
|5/7 + Bonus||n/a||1.5%||n/a||1 in 37,749|
|5/7||4.25%||3.5%||1 in 1,584||1 in 1,841|
|4/7 + Bonus||n/a||2.75%||n/a||1 in 1,105|
|4/7||Fixed $20||Fixed $20||1 in 71.3||1 in 82.9|
|3/7 + Bonus||Fixed $20||Fixed $20||1 in 76.7||1 in 82.9|
|3/7||Free Play||Free Play||1 in 8.1||1 in 8.5|
|The overall odds of winning changed from 1 in 6.6 to 1 in 7.0|
The money needed to pay out the $20 fixed prizes is deducted from the Pools Fund before the remaining money is split between the other prizes according to the percentages in the table.
When Did the Changes Take Effect?
The first draws under the new rules were scheduled to take place on Tuesday May 14 and Friday May 17, 2019, with the tickets for these draws going on sale from Saturday May 11.
What Stayed the Same?
The Lotto Max ticket price did not change. You still pay $5 for three lines of seven numbers.
The jackpot also changed but Maxmillions, which offers players an extra chance to become a millionaire, stayed the same. When the jackpot reaches $50 million, an extra set of numbers is drawn alongside the main winning line, and anyone who matches all the numbers in this second line wins $1 million.
The payoff rate вЂ“ the amount of money from ticket sales that is used to pay prizes вЂ“ remains unchanged at 48%. The extra Tuesday draw means that jackpots increase quicker than they previously did.
Summary of Changes
HereвЂ™s a summary of how Lotto Max changed on May 14, 2019:
- A new Tuesday draw takes place, so there are two draws every week.
- The jackpot cap increased from $60 million to $70 million.
- An extra number was introduced to the matrix, so selections are now made from 1 to 50 instead of 1 to 49.
- Two new prizes were introduced for matching 5/7 + the bonus and 4/7 + the bonus.
- The split of the Pools Fund changed to account for the new prizes.
- The odds of winning changed. The overall odds went from 1 in 6.6 to 1 in 7, while the odds of winning the jackpot changed from 1 in 28,633,528 to 1 in 33,294,800.
And here’s what did not change:
- Ticket prices stayed at $5 for three selections of numbers.
- The total payoff rate is still 48% of ticket sales.
- Maxmillions is still played when the jackpot reaches $50 million. The prize stays the same at $1 million.
Lotto Max changes: Jackpot going up, two weekly draws
The jackpot is going up and gamblers will be able to play twice as often when several Lotto Max changes take effect next month.
Beginning May 11, Canadian lottery players will be able to purchase tickets for the regular Friday draws as well as a new weekly draw on Tuesdays.
Additionally, the maximum jackpot will increase from $60 million to $70 million.
Before Lotto Max players get too excited, however, the odds of winning will actually decrease under the new system.
That’s because the lottery will be adding an extra available number – 50 – for players to choose when they select their seven numbers.
Come May, gamblers will be able to choose numbers between 1 and 50 instead of the previous available options of 1 and 49.
With the additional number, the odds of winning the jackpot jumps from 1 in 28 million to 1 in 33 million.
Players can be consoled by the fact that the Interprovincial Lottery Corporation, which is jointly run by five provincial lottery commissions, will add two new lower-tier bonus prizes and Maxmillion prizes will continue to be added when the jackpot reaches $50 million.
The $5 cost per play will remain the same.
A Lotto Max ticket is shown in Toronto on Monday Feb. 26, 2018. (THE CANADIAN PRESS)The jackpot is going up and gamblers will be able to play twice as often when several Lotto Max changes take effect next month. ]]>