BC 50/50 is in fact a raffle which is drawn every day at 1pm, 3pm, 6pm and 9pm. The chances of winning vary as does the jackpot depending on how many go in for each draw and how many tickets they buy.
BC 50/50 lotto is one of the most popular lottery games in British Columbia, played by people of all ages. The game is simple to understand and easy to play, making it a popular choice for those new to lottery games.
Tickets can be purchased for varying amounts as follows: 1 pick for $1; 2 for $2, 3 for $3, 4 for $4; 6 for $5 and 15 for $10. A $100 maximum wager per ticket is permitted.
To participate, an eligible player must choose how many picks he wants to go for and then pay the retailer, although it is also possible to buy tickets from self-service terminals.
The ticket you are then given will indicate the Date and Number of Draw. The lottery's random number generator, operating in tandem with a central server and responsible for selecting the 50/50 winning numbers of each draw, generates one (1) six-digit selection from the pool of all possible six-digit numbers ranging from 000001 to 999999, inclusive.
Just follow these simple steps:
The B.C. 50/50 does not suggest that you have a 50% chance of winning — it just means half of the prize money is given to the province of British Columbia.
Although the jackpots aren't huge, there's a guaranteed winner for each of the four daily draws, thanks to a BCLC computer choosing from the tickets sold.
A single chance costs a dollar, while 15 chances cost $10. According to the lottery company, the probability of winning is determined by how many people enter each draw. The typical payout tends to be between $300 and $3,000.
Prizes must be claimed within one year, according to the conditions printed on the back of the ticket.
Two ways to receive your winnings from the BC 50/50 lotto are via cheque or direct deposit into your bank account which can be decided when purchasing your ticket.
If you win the jackpot, you must provide identification and sign a declaration claiming the prize.
For smaller prizes, you can have your winnings deposited directly into your bank account, so you must provide your banking information when you purchase your ticket.
To participate in the BC 50/50 lottery, you must be a British Columbia resident at least 19 years old. Tickets may be purchased online or at any licensed lottery retailer throughout the province.
Not only does the BC 50/50 always provide a winner, it also generates additional revenue for the province. It is a raffle-style lottery game where players purchase tickets and are entered into a draw.
Fifty percent of the proceeds from ticket sales are awarded to the winner, while the other fifty percent goes to the province. The BC 50/50 lotto has been incredibly popular, with ticket sales often in the millions. The largest jackpot in BC 50/50 history was $1.4 million, which was won by Gordon Schimpf.
When playing the lottery, it is important to play responsibly. This means setting a budget and sticking to it. It also means knowing when to stop. If you find yourself spending more than you can afford, or if you find yourself getting too caught up in the game, it is time to stop.
Playing the lottery can be a fun and exciting way to win money, but it is essential to remember that it is a game of chance. There is no guarantee that you will win, and you could lose more money than you put in.
Latest results of 50/50 will be posted on the website within 24 hours of the draw.
The prize structure is based on the number of tickets sold. Therefore, the more tickets sold, the greater the prize pool and the higher the percentage of ticket sales awarded to the winner.
Winners have one year from the draw date to claim their prize.
If you do not claim your prize within the specified period, your reward will be forfeited and donated to a charity of the lottery corporation's choice.