Cost of Climate Change

CHINESE NEW YEAR HONGBAO TOTO DRAW: A QUICK ANALYSIS OF $19.42 MILLION WON!

Dear readers, yesterday was the much anticipated $16 million Chinese New Year TOTO HongBao draw! I think some of you would have purchased the tickets for the TOTO as well; same with me but I have at most 2 of the winning rows in an entry. If you have won some monies arising from yesterday’s TOTO draw, a big congratulations to you!

In case you are not aware, yesterday’s $16 million prize was snowballed to $19,416,913 (yes, that’s right around $19.42 million) and this prize was shared by 8 winning shares so that each share was worth $2,427,114. Take note, that I did not mention 8 winners for reasons that I would mention later too.

An analysis of the 8 winning shares:

1 QuickPick System Roll Entry (1 share)

1 QuickPick System 7 Entry (4 shares)

1 QuickPick Ordinary Entry (1 share)

1 System 11 Entry (1 share)

iTOTO – System 12 (1 share)

As we can see from the above, 6 (or 75%) of the 8 winning shares were from QuickPick and 4 (or 50%) of the 8 winning shares were from QuickPick System 7 Entry! Thus, I would perhaps buy QuickPick System 7 next time for TOTO?

As for the 1 share of the iTOTO – System 12, based on how iTOTO-System 12 works, each winners will get 1 over 28 of the winning share per iTOTO-System 12 entry and that’s right in this case $86,682.64 and there were 20 units of the 28 units sold hence there were 20 winners.

I hope you enjoy this quick analysis of the Chinese New Year!

Wishing You a Happy Chinese New Year (today is still Day 12 of the Chinese New Year!

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!