A Yankee Lotto bet combines four selections into one wager that offers higher returns than straight bets. A Yankee bet is ideal for those confident with their selections heading into an event and looking to cover multiple outcomes simultaneously, similar to an accumulator but without risk of total ruination if any single selection loses as there may be other combinations which still succeed.
Calculating the cost of a Yankee bet requires knowing how many combinations have been formed from your four selections, before being able to estimate its total cost and submit your stake. A Yankee consists of 11 bets; six doubles and four trebles make up its constituent elements.
As with other New York state lotterie games, proceeds from yeekee lotto go toward funding education – as its original intention was. New York uses parimutuel betting where a portion of each ticket sold goes towards this cause.
Every Wednesday and Saturday, the New York state lottery conducts a six-number draw that costs players $1. If three numbers on one’s ticket match those drawn, that player wins one dollar; four or five of their numbers could net them part of the parimutuel prize pool prize pool.
The first-tier jackpot for the Yokee Lotto stands at $100k, though depending on your chances, this could reach $4m! In addition to this top prize, other prizes range from $50,000 up to $35,000 for second place winners in Yokee Lotto.
Bill Smith is a recently retired security officer who won a $1 Million Yueekee Lotto jackpot and plans on taking it in laddered payments over 26 years – considered by financial experts to be responsible. Additionally, all his family will discuss how best to manage it all together.