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Imagine you win $1,000,000, and you don’t have to pay the taxes. When you win the first prize in Bank A Million lottery, they pay taxes for your winning cash prize. To play you have to choose 6 different numbers from 1 to 40 and mark it on your playslip. There is a bonus ball drawn in the game which is random and is not selected by you/player on the Playslip. Each play costs 50 cents, $1 or $2.
The table below illustrates the winning combinations and odds for Bank A Million.
| Match | Prize | Odds (1 in) | Payback Rates |
|---|---|---|---|
| Match 6 of 6 | $1,000,000 | 3,838,380 | 13% |
| Match 5 of 6 + Bonus Ball | $20,000 | 639730 | 2% |
| Match 5 of 6 | $2,000 | 19386 | 5% |
| Match 4 of 6 + Bonus Ball | $400 | 7754 | 3% |
| Match 4 of 6 | $40 | 485 | 4% |
| Match 3 of 6 + Bonus Ball | $40 | 363 | 6% |
| Match 3 of 6 | $4 | 35 | 6% |
| Match 2 of 6 + Bonus Ball | $8 | 47 | 9% |
Overall Probability of beating the winning odds are 1 in 18.3
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