• Site URL:
    www.valottery.com
  • Days Played:
    Wednesday and Saturday

Bank a Million Results

Bank a Million Review

Bank a Million Review

Bank a Million is a lottery game of the Virginia Lottery that gives players the opportunity to win up to $1 million and other unbelievable cash prizes in draws held every Wednesday and Saturday. In every draw, there are 6 numbers which are picked plus a bonus ball which gives the players an extra chance to increase their prize level. When the bonus ball number appears in the first 6 numbers, it is considered a match and prizes can be increased. However, unlike in other lottery games, the number on the bonus ball does not determine who wins the top prize.

For instance, if you successfully match 4 numbers, you get a $40 prize. When the bonus ball is drawn and you have it within your original 6 numbers, you match the 4 and the bonus ball. With this extra chance to match a number, your prize increases from $40 to $400. The most important thing to note is that your ticket has 6 numbers, but during the draw, 7 numbers are picked including the bonus ball hence giving you an extra chance to match a number.

How to Play Bank a Million?

The first step for you to be eligible ass a player is to buy your ticket either online or from authorized brick-and-mortar retailers. On a playslip, you choose your own numbers depending on your preferences or past experience. The pool of numbers to choose from ranges from 1 all through to 40. If you feel that picking manually doesn’t serve you well either because you are in a hurry or cannot make up your mind easily on certain numbers, you can play Easy Pick where you allow the computer to randomly choose numbers for you based on its algorithm. While there is no guarantee that an Easy Pick will give you the winning numbers so is a manual pick.

An alternative option when it comes to picking the number is to have a hybrid picking system where you choose some numbers and you allow the computer to fill the rest. Each ticket consists of 6 numbers and it costs $2. The drawings for Bank a Million are held each Wednesday and Saturday starting from 11 p.m. If you want to play the same numbers in more than one draw on the same ticket, Bank a Million allows you to do so. All you need is to buy a multi draw ticket which allows you to play anything up to 26 consecutive draws. However, one thing you should note is that for every additional draw, the prize of the ticket increases beyond the usual $2.

For the players who may not be available to buy a ticket for a certain draw date due to commitments, they can buy a ticket now for a future draw. All you need is to mark the playslip and inform the store clerk the specific draw you want to be entered in. If there are certain numbers you want repeated on more than one ticket, you can simply repeat your play and have the numbers printed on different tickets up to 20 times.

The more times you enter draws, the higher the likelihood of winning the top prize.

Things to Bear in Mind as You Play

As indicated earlier, draws for Bank a Million are held on Wednesdays and Saturdays at exactly 11p.m. The sale of tickets comes to a stop at 10.45 p.m. on the drawing nights hence you need to get your ticket early enough to avoid last minute rushes and disappointments. Bank a Million lottery tickets can only be cancelled by the retailer. Always use your playslip so as to verify the correctness of the numbers. When you are using optional plays such as multiple draws, future draws, and same ticket numbers, be careful to inform the clerk the options that you prefer.

Bank a Million Drawing

Virginia Lottery takes gaming seriously and that includes Bank a Million. The authorities make every effort possible to ensure the draws are held under rigid security procedures as well as in accordance to certain rules and standards. Two hours prior to a draw, three lottery officials report to the T.V. studio where the draw show is to be held and go over a checklist which includes a random selection of the ball sets as well as the draw machines to be used. They also test the equipment and even conduct pretest drawings and rehearsals together with the television crew and the show host of the draw. All draw equipment is secured in a room with access to only the draw officials.

The Odds of Winning Bank a Million

The odds for winning any prize in this game is 1:18.3 while the odds of winning the first, second and third prizes are 1:3838380, 1:639730 and 1:19,836 respectively.

Match Odds
6 1 in 3,838,380
5 + Bonus Ball 1 in 639,730
5 1 in 19,386
4 + Bonus Ball 1 in 7,754
4 1 in 485
3 + Bonus Ball 1 in 363
3 1 in 35
2 + Bonus Ball 1 in 47

Bank a Million Prize Breakdown

When you match the 6 numbers drawn, you win the topmost prize of $1 million. In addition, there are other prizes that you can win even if you don’t clinch the much coveted top prize. Matching 5 numbers and a bonus ball gives you $20,000; matching 5 numbers without a bonus ball gives you $2000; matching 4 numbers and a bonus ball gives you $400 while without the bonus ball it is $40. Matching 3 numbers and a bonus ball is $40 while matching only 3 numbers without the bonus ball gives you $4. The last entry in the prize category is matching of two numbers and a bonus ball which gives you $8.

How to Claim Your Bank a Million Prize?

If you win a prize in Bank a Million, the first step you need to do is to sign the ticket at the back. This is a good practice that you should adopt to safeguard your tickets. There are two new and convenient ways of claiming your Bank a Million winnings. You can either choose a visa debit card or a check for prizes ranging from $10 to $5,000.

Amounts less than $600 are usually paid in cash. Prizes above $600 can be collected at the customer service center or one of the many Virginia a lottery prize zones. Because drawing tickets expire after 180 days, you should not wait too long to claim the prize.

When collecting your prize, ensure you carry alongside acceptable government issued identification cards such as motor vehicle operator’s license, Armed forces identification, passport card among others.

Match $2 Wager Prize
6 $1,408,451
5 + Bonus Ball $20,000
5 $2,000
4 + Bonus Ball $400
4 $40
3 + Bonus Ball $40
3 $4
2 + Bonus Ball $8

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