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Millionaires are being created among Michigan Lottery bettors, as they journey from Ann Arbor to the quaint town of Vulcan in the Upper Peninsula.
In 2021, the Michigan Lottery is poised to achieve an extraordinary feat by creating an unprecedented number of millionaires.
Michigan’s lottery had sold a total of 34 tickets this year, up until Wednesday, that won $1 million or more.
Perhaps those six months were simply a successful period? However, as of July 1, two winners who each won $4 million have already come forward from the sale made on that date.
Is it advisable to enter the market during its peak? Perhaps, it is not recommended.
Claiming plump prizes in certain games can result in a decrease in the number of remaining big winners. Additionally, it is important to acknowledge that the chances of winning a substantial lottery prize are highly unlikely.
2021 Michigan Lottery millionaires on record pace
Just how remarkable is the mid-year accomplishment of almost thirty Michigan Lottery winners becoming millionaires?
According to the lottery’s Big Winners database, there were only 48 reported cases in 2020, with an average of just 32.8 per year from 2009 to 2020.
Amount Of $1 Million+ Michigan Lottery Prizes
| Year | Count |
|---|---|
| 2021 | 58 |
| 2020 | 48 |
| 2019 | 57 |
| 2018 | 45 |
| 2017 | 38 |
| 2016 | 46 |
| 2015 | 38 |
| 2014 | 27 |
| 2013 | 32 |
| 2012 | 25 |
| 2011 | 17 |
| 2010 | 16 |
| 2009 | 5 |
Prizes have been reported until December 13, 2021.
With July 1 falling within the first half of the year in terms of day count, a total of 68 individuals from Michigan were on track to win a substantial seven-figure prize. This not only sets a new record amount but also indicates a noteworthy 19% rise compared to the previous highest record.
It is possible that the final total might exceed the sum from the first half of the year, considering the potential inclusion of unreported and previously sold tickets at a later time.
The lottery numbers in general are experiencing unprecedented growth, although not at the same level as the significant gains seen in 2021. In the fiscal year 2020, the Michigan Lottery generated $4.2 billion in sales and distributed $2.5 billion in prizes, both of which set new records for the sixth consecutive fiscal year. Typically, these increases have been below 10%, with the exception of a remarkable 12% surge in revenue observed in fiscal year 2016.
However, that falls considerably short of the rate at which the Michigan Lottery millionaire club is progressing this year.
Where are the Michigan Lottery millionaires’ tickets being sold?
To the disappointment of those living in rural areas, a significant number of premium tickets are being purchased by urban residents.
Cities have a greater likelihood of achieving high scores due to their higher population, resulting in a significant bias towards urban areas.
Of the 34 million-plus windfalls in Michigan, the six most populated counties have accounted for 23 (67.6%) of them. To provide perspective, according to the 2019 U.S. Census estimate, Wayne, Oakland, Macomb, Kent, Genesee, and Washtenaw counties have a combined population of 5.3 million residents. This represents 53.7% of Michigan’s total residential population, which stands at 9.9 million.
Out of the 83 counties in Michigan, the 30 least populated counties had only one lucky winner who scored a $1 million prize. The winning ticket was purchased in June in Ontonagon and held a cash value of $1 million.
Out of the total of 34 significant wins, multi-state drawings accounted for 13, with Powerball contributing seven, Mega Millions four, and Lucky For Life two. Among these 13 wins, three tickets were bought online.
In June, there was a flurry of significant wins, with 10 prizes of $100,000 or more being sold, as initially reported by the Detroit Free Press on Tuesday.
Could winning lottery odds decrease as more tickets cash?
There is a complex answer to that.
When purchasing instant games from retailers, the chances of winning a jackpot or a significant prize obviously diminish when someone else has already claimed one.
The recent winner of $1 million on the instant 20X Cashword game in Ontonagon was featured in our report. As a result of her win, there are now only two remaining top prizes of $1 million available in the entire state.
The chances of winning a prize in drawings like Powerball, consistently remain the same for each drawing, irrespective of the jackpot amount (which is 1 in 24.9, by the way).
Even if there are consecutive jackpot winners, Mega Millions always guarantees a minimum prize of well over $1 million. The chances of winning $1 million by matching five numbers without a Megaplier remain constant at 1 in more than 12.6 million.
Jake Harris, spokesperson for the Michigan Lottery, stated that the occurrence of one player winning a jackpot prize in a draw game does not affect the chances of anyone else winning a jackpot prize.
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