Friday, April 27, 2012

EuroJackpot vs EuroMillions - Which Will Reign Supreme?

March 23, 2012 marked a milestone in the history of globally anticipated lottery games: the launch of the much anticipated EuroJackpot. The EuroJackpot series was created in collaboration with several European nations wanting to provide a reputable competitor to the successful EuroMillions lotto draw.

With its current stakes the game opts with a more intricate set of guidelines and improved winning odds compared to the current Euro Millions system. With all the new developments the question still remains, will the EuroJackpot eclipse the already successful global popularity its predecessor the Euro Millions?

Upon comparing the two lotto systems, it's clear to state that the odds and rules are fairly different from the Euro Millions and EuroJackpot games. The Euro Millions as many players have participated in is played by picking a set of standard numbers off a field that consists of 1-50 numerical selections and a special number slot where the player will have to select anywhere from 1-11 to fill the two numbers. With the EuroJackpot, the odds are significantly increased, with the same standard five number field opting for any number combination from 1-50 but a special number section, narrowing the selection process by only providing a range of 1-8 for two number slots.

According to statistics the odds of winning the grand prize for the Euro Millions draw is a calculated 1/177 million attempts which is a high number compared to the computed proportion of 1/59 million attempts with the EuroJackpot game. With the significant difference in play odds, this may be the leverage that EuroJackpot needs to eclipse its main competition, Euro Millions in gaining patronage with the millions of lotto subscribers worldwide.

However, what the Euro Millions losses out in odds, it makes up for the number of chances one can win in the grand draw. Euro Millions lotto guarantees the chance to win twice in a week with a minimum of €15 million jackpot take home prize for the grand winner. EuroJackpot on the other hand provides a single draw every week, with only a minimum of €10 million jackpot winnings.

Another detriment to the EuroJackpot prize limitations is the rollover limit it has set for recurring weekly draw losses (when there isn’t any winner for the draw). EuroJackpot has capped its max prize limit to €90 million which is minute compared to the Euro Millions jackpot cap which can go as high as €190,000,000.

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