Lotto Max Changes
Exciting changes are set to be introduced to Canada Lotto Max in May 2019, including the addition of another weekly draw and an increase in the maximum jackpot. This page has all the details of the changes that are due to happen.
What Is Changing?
One of the biggest changes is the addition of a second weekly draw. Lotto Max is currently drawn every Friday but the introduction of another draw on Tuesday nights will mean that two will take place every week. With the extra draw in place, jackpots will grow faster than ever, so the cap will be increased to $70 million, its highest ever amount.
In addition to the jackpot cap increase, two new prizes will be introduced. There will be a prize for matching five numbers plus the bonus, and one for matching four plus the bonus.
Another number will also be introduced, so you will choose seven plus a bonus from a range of 1 to 50, instead of the current range of 1 to 49. The odds of winning will therefore change too. The table below shows how the Pools Fund is currently split and how it will be split when the changes are introduced, as well as the new odds of winning:
|Matches||Current Pools Fund %||New Pools Fund %||Current Odds||New Odds|
|7/7||89.25%||87.25%||1 in 28,633,528||1 in 33,294,800|
|6/7 + Bonus||3.15%||2.5%||1 in 4,090,504||1 in 4,756,400|
|6/7||3.35%||2.5%||1 in 99,768||1 in 113,248|
|5/7 + Bonus||n/a||1.5%||n/a||1 in 37,749|
|5/7||4.25%||3.5%||1 in 1,584||1 in 1,841|
|4/7 + Bonus||n/a||2.75%||n/a||1 in 1,105|
|4/7||Fixed $20||Fixed $20||1 in 71.3||1 in 82.9|
|3/7 + Bonus||Fixed $20||Fixed $20||1 in 76.7||1 in 82.9|
|3/7||Free Play||Free Play||1 in 8.1||1 in 8.5|
The money needed to pay out the $20 fixed prizes will be deducted from the Pools Fund before the remaining money is split between the other prizes according to the percentages in the table.
When Will the Changes Take Effect?
The first draws under the new rules will take place on Tuesday May 14 and Friday May 17, 2019, with the tickets for these draws going on sale from Saturday May 11. Lotto Max will operate under its current rules until then, with the same prize structure and odds of winning, and one draw every Friday.
What Is Staying the Same?
The Lotto Max ticket price will not change. You will still pay $5 for three lines of seven numbers.
The jackpot is changing but Maxmillions, which offers players an extra chance to become a millionaire, will stay the same. When the jackpot reaches $50 million, an extra set of numbers will be drawn alongside the main winning line, and anyone who matches all the numbers in this second line will win $1 million.
The payoff rate – the amount of money from ticket sales that is used to pay prizes – will remain unchanged at 48%. The extra Tuesday draw means that jackpots will likely increase quicker than they currently do, however.
Summary of Changes
Here’s a summary of how Lotto Max will change on May 14, 2019:
- A new Tuesday draw will take place, so there will be two draws every week.
- The jackpot cap will increase from $60 million to $70 million.
- An extra number will be introduced to the matrix, so selections will be made from 1 to 50 instead of 1 to 49.
- Two new prizes will be introduced for matching 5/7 + the bonus and 4/7 + the bonus.
- The split of the Pools Fund will change to account for the new prizes.
- The odds of winning will change. The overall odds will go from 1 in 6.6 to 1 in 7, while the odds of winning the jackpot will go from 1 in 28,633,528 to 1 in 33,294,800.
And here's what will not change:
- Ticket prices will stay at $5 for three selections of numbers.
- The total payoff rate will still be 48% of ticket sales.
- Maxmillions will still be played when the jackpot reaches $50 million. The prize stays the same at $1 million.