Daily Grand
Daily Grand is a Canadian lottery game coordinated by the Interprovincial Lottery Corporation, as one of the country's three national lottery games (alongside Lotto 6/49 and Lotto Max. Draws will be held on Monday and Thursday nights; sales began on October 18, 2016, with the first draw scheduled for October 20, 2016.[1] The game will not be launched in Atlantic Canada until 2017.[2][1]
Winning numbers will be chosen from five of 49 main numbers, and a "Grand Number" from 1 to 7. The Grand Number can also be used to match numbers from the five main numbers. A single board will cost $3, and the game's top prize will be an annuity of $1,000 a day (with a $7,000,000 lump sum option).[2]
Prize structure
| Match | Prize | Chance of Winning on a C$3 play |
|---|---|---|
| 5/5 + grand number | $1,000 a day for life ($7 million lump sum)* | 1 in 13,348,188 |
| 5/5 | $25,000 a year for life ($500,000 lump sum)* | 1 in 2,224,698 |
| 4/5 + grand number | $1,000 | 1 in 60,674 |
| 4/5 | $500 | 1 in 10,112 |
| 3/5 + grand number | $100 | 1 in 1,411 |
| 3/5 | $20 | 1 in 235 |
| 2/5 + grand number | $10 | 1 in 101 |
| 1/5 + grand number | $4 | 1 in 20 |
| Grand number | Free play | 1 in 12.3 |
A lump sum option is available on the top two prizes, and is the only option if there are multiple winners. The annuity will last for the remainder of the winner's life, but with a minimum length of 20 years (a beneficiary is chosen to receive the remainder of the 20-year minimum balance if the winner dies before the 20 years passes).[2]
Promotion
As part of a promotional effort for Daily Grand, the British Columbia Lottery Corporation announced a contest in which entrants would be asked how they would use the grand prize. The winners were to receive $1,000 prizes, and have to film themselves using the money.[1]
See also
- Powerball, a U.S. lottery game with a similar structure
- PayDay, an earlier canadian lottery game that had a annuity as a option.
References
- ^ a b c "New B.C. lottery: Could you scrape by on $1,000 a day?". Vancouver Sun. Postmedia Network. Retrieved 19 October 2016.
- ^ a b c "Daily Grand retailer information" (PDF). BCLC. Retrieved 14 October 2016.