![]() ![]() If you must play, the best odds for bets under $5 is on the Hot Spot game, which claims to return 63.5% of money bet, which is better than the usual 50%.With few exceptions, it is the worst bet you can make. Every state lottery offers terrible odds. However, for those who just want the executive summary, here is my advice: The rest of this page contains my analysis of the several ways to play the California Lottery. This is unlike other states that pay fixed prizes for some games. ![]() For this reason, games based on random ball draws are all pari-mutual, which means the California Lottery takes a cut for schools and education and returns the rest to the winners. The time limit to cash a winning ticket is 180 days.Ī unique feature of the California Lottery is that all games must be player against player and the state cannot have an interest in the outcome. Administrative expenses are supposed to be less than 13%. The percentage directed towards prizes ranges from 48.5% to 79.7%, so you need to play the right game. Revenues from the lottery are directed towards education. The California Lottery opened for business on October 3, 1985. On this page California Lottery Introduction
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