International super lottery to create jackpots of $500 million or more

Comment #58

colthmn — Tue, 23 Sep 2008 02:29:49 GMT

It's good to know this, as I am satisfied with Mega Millions in it's current state, and I hope there are no matrix changes.

Comment #57

chasingadream — Mon, 22 Sep 2008 05:39:20 GMT

I need to know more details before I get excited........

Comment #56

Jimhowlett — Mon, 22 Sep 2008 04:48:15 GMT

If I'm not mistaken, the Federal government would by right have the sole jurisdiction regulating money going outside the States in this manner (gambling). Therefore, it would have to be federally approved. Only then would it be up to individual states.

Comment #55

Todd — Mon, 22 Sep 2008 01:25:11 GMT

I'm not even sure that this super lottery game is coming to the USA, or if it does, which states will sell it.

Just because they are in discussions does not mean it will happen. Remember, these kinds of talks have happened many times before, and nothing ever came of them.

There is no lottery operated or controlled by the federal government, so any international games would have to be implemented on a state-by-state basis.

I can tell you that many states will not go for it. Especially th... [ More ]

Comment #54

colthmn — Sun, 21 Sep 2008 22:16:22 GMT

A Gambling addiction, is like an invisible enemy, that closes in on us, in ways we do not perceive. In California, we have 5 games already! All but one being computerized drawings! I have played all 5 simultaneously for a prolonged period. That is, long enough to get in trouble!! You have to have enough sense, to rein yourself in, when you know you're exceeding bounds just a bit! I left off playing all games except Mega Millions, just for that reason. Now, here comes another game, and this time... [ More ]

Comment #53

pumpi76 — Sun, 21 Sep 2008 15:25:46 GMT

More important than that Global Lottery is a Universal English Teaching Channel taught all over the world and to plant take a hundreds of millions place it in the bank and letting the interest power the salary of people working to plant trees....

Comment #52

pumpi76 — Sun, 21 Sep 2008 14:11:29 GMT

The rest of the money is going to go also into creating a UNIVERSAL ENGLISH TEACHING CHANNEL if is possible....I'll take a lump sum of money place it in the bank and the interest is going to power this Global English Teaching Channel....

Comment #51

pumpi76 — Sat, 20 Sep 2008 23:58:41 GMT

I'll give 2 million to Daisy Palacios a girl i used to like and 2 million to Nadia Melgar another girl i used to like, they were both honor students first in the entire school respectively and 2 more to a girl that used to live in a luxurious building close to where i used to work....

Having that much money sort of put a price to your head, the more you have the higher the price for your head is...You may not notice this in the U.S because the U.S is sort of very quiet but anywhere else in th... [ More ]

Comment #50

pumpi76 — Sat, 20 Sep 2008 19:19:57 GMT

Please people of the world if you can read this please listen....There is a way to win that Global Lottery...You will not know about it but there is a way to win it...Please believe me...You can call this my alert call....Most people of the world will never know about it, but there is a way and Americans know the key also but it is a specific group...Lots of people may laugh at me, but the one doing the laughing is me, because 99.9% of people if you went to their houses when they are not there a... [ More ]

Comment #49

jim695 — Sat, 20 Sep 2008 18:15:06 GMT

I agree, Coin Toss.

Given the huge amounts of money at stake, corruption in such a lottery would be rampant and unavoidable. Those currently charged with running state lotteries in America are now beginning to whine that it's too hard to make a profit, and that it would be easier and more profitable to privatize this significant stream of state revenue.

If the top prize is $500 million, they'd need to generate two or three times that amount in ticket sales and, from what I read in the ar... [ More ]

Comment #48

pumpi76 — Sat, 20 Sep 2008 17:40:57 GMT

I'll also some of the money and beging bribing governments across the world into placing 2 lotteries in their countries and they are West Virginia Cash25, and Washington Match4...If Match4 can be in washington state, i am sure it can be in other countries....

Comment #47

pumpi76 — Sat, 20 Sep 2008 15:45:13 GMT

i'll give 2 million to the beautiful girl from Santiago,Chile named Paola Sobando ....And i'll take some money and beging a beauty paegant here in Panama but according to my standards based on certain qualifications hobbies, etc...I'll do it every Christmast or once a month....I might give 100,000 as a gift, all coming from money placed in the bank...

Comment #46

pumpi76 — Sat, 20 Sep 2008 15:16:23 GMT

Yeah i agree too...With those 500 million i'll use on experiment on how to change the world, like how to better improve the flora situation in Africa, like how to grow plants in Africa and Haiti, and creating places that will teach kids math, how to create books that will explain math easier, how to place money in the bank and letting the interest pay people to plant treets, all over the world, etc a bunch of projects in mind, the money will solely be used for this project not for me...On All th... [ More ]

Comment #45

lottocalgal — Sat, 20 Sep 2008 14:38:14 GMT

I agree,

I would not play a global lottery. I truely believe that $500 million is just too much for me. I know it sounds silly, but I think about the super wealthy in this country, I mean they still push after be liquid at 2, 5 or 10 BILLION. I mean how much is enough? The way I live now, If I were to win a minimum 10 million, (final payout, taxes and fees) I truly think I would be set for life. My dream home would still only cost around $500k my dream car, around $35k. Even helping my fam... [ More ]

Comment #44

colthmn — Sat, 20 Sep 2008 01:25:45 GMT

Well, the post states International super lottery to create jackpots of $500 million or more

If this game is to originate in Europe as does Euromillions and will be multi-national, then, what you see, is what you get. $500million. This provided you're the sole winner!

As I live in California, my game here is mega millions. Which is the game I play with greatest fervor. So, when the jackpot reaches about $60 to $80 million, I'm seeing $30-40 million net. Thereabout anyway! A $500 million j... [ More ]

Comment #43

Stew12 — Fri, 19 Sep 2008 13:47:23 GMT

The odds do not change with the price of the ticket, that is a mathematical fact. You either pay $1 for a 1:146,107,962 chance, or you pay $.10 for a 1:146,107,962 chance, or you pay $10 for a 1:146,107,962 chance, etc. Simple math.

Comment #42

pumpi76 — Fri, 19 Sep 2008 05:33:28 GMT

Yes i would turn down 500 million dollars....I would play it because you never know but once i win i'll take my part and the rest i will give it away...I really don't need that much money...or i will use it for good but don't even think for a second that i am going to use that money for me, i may use it in science experiments or on theories on how to change the world....

Also something many forget and i bet even the country lottery who is creating this huge Global lottery also forgets....You... [ More ]

Comment #41

KY Floyd — Thu, 18 Sep 2008 02:42:53 GMT

You may not want to turn down a $500 million jackpot, but if I'm reading you correctly you'd rather play for 60 to 80 million?

what are the odds that freak accident would ever occur?

It's less likely that the jackpot will get to $500 million than 60 or 80, but once it does you have exactly the same odds of winning as you do with 60 or 80, or for the starting jackpot of 12 million. It's winning that's a freak acident, not winning when the jackpot happens to be unusually big.

$30 or $4... [ More ]

Comment #40

colthmn — Wed, 17 Sep 2008 23:12:14 GMT

Well, I don't mean to suggest that I'd turn down $500 Mill. If someone offered it to me, I could always give some away and keep the amount I desired. However, I don't see anyone offering! I would not pursue it with the same zeal as I do with $ 60 and $ 80 million dollar jackpots! Not long ago there was a $ 276 Mill jackpot and a steelworker won with $2.00. I was sitting here at my computer at 6pm and could have walked 1 blk and took a pretty big swing at it. I didn't bother going, cause I just c... [ More ]

Comment #39

Jimhowlett — Wed, 17 Sep 2008 04:21:38 GMT

I can't believe what I'm reading. Did a few of you actually say you'd turn down $500M

Comment #38

gocart1 — Tue, 16 Sep 2008 20:43:55 GMT

HEY SPARE CHANGE..I'm here in city island ,in the bronx,N.Y...I always take the twenty minute to exit 4 on i95 ,to play powerball.its funny thing but all the different lotto retailers say,,if it wasn't for the powerball in ct ,nobody would play any tickets ..CT lotto only adds 100,000 to the lotto after no jackpot wins.All the other state add at least a 1,000,000 to the game after a non jackpot drawing

Comment #37

savagegoose — Tue, 16 Sep 2008 15:15:26 GMT

the survery over on usamega had me thinking... about a 10c a play game for the international lotto.

of course there would also need a really hard to win game to get it to jackpot so i thought a 7/99 game, i think i calcualted odds right at 1 in 1,120,529,256thats right 1 in 1 billion odds. but at 10c us a play even people in 3rd world countries would play.

you could have so many options for playing combinations and wheelsthere on the entry form. you could play every number from 1... [ More ]

Comment #36

KY Floyd — Tue, 16 Sep 2008 06:34:29 GMT

Maybe you and I are smarter than the average player. Sales of MM tickets in NY are never less than about 2.3 million for the $12 million starting jackpot. That's enough to cover about $1.2 million worth of annuity jackpot. When NY lotto rolls the increase is only $1 million until it gets to at least 35 or 40 million, when it increases by $2 million once before returning to a $1 million increase for at least a few weeks. That tells me that even at 25 to 30 million they're selling fewer lotto tick... [ More ]

Comment #35

fiona$ — Tue, 16 Sep 2008 05:52:21 GMT

One thing to remember in Europe when they say it is a $500 million jackpot it is a $500 million pay out

not like here in the States where $100 million is $50 million payout if your lucky.

Fiona

Comment #34

myturn — Tue, 16 Sep 2008 05:41:53 GMT

I would like to participate in an international lottery - they could call it GLOBALBALL. Will the winners be allowed to remain anonymous, as in the UK and Australia, or be required to go public as in many US lotteries? I do hope they will be given the choice.

Comment #33

halinjer$ey — Mon, 15 Sep 2008 21:23:38 GMT

DUH! LP stands for Lottery Post wheels and picks. DUH!, again.

Comment #32

halinjer$ey — Mon, 15 Sep 2008 21:21:12 GMT

I have heard of Gail Howard (I have two of her books) but LP eludes me as to it's meaning.

Comment #31

bobby623 — Mon, 15 Sep 2008 19:12:59 GMT

Lot of good comments. But, it ain't going to happen. At least, not in the US.

Do you really think the IRS is going to let that much money go out of the country?

IMHO, it was the IRS that pushed the anti-gambling bill to stop $$$ from leaving the country, and to

shut down offshore bank accounts set up with mostly lottery wins.

Besides, to generate a $500 million jackpot, the game matrix would probably have to be something like Pick 8 from 70, plus a bonus ball.

Or maybe Pick 7 of 6... [ More ]

Comment #30

time*treat — Mon, 15 Sep 2008 18:46:23 GMT

No worries. When they put together the global lottery, you can rest assured they will have a global currency and a global tax, too.

Comment #29

dvdiva — Mon, 15 Sep 2008 18:29:36 GMT

Considering they can't even get Germany or Italy to join Euromillions I really don't see this happening.

Comment #28

savagegoose — Mon, 15 Sep 2008 07:11:36 GMT

tax is an interesting problem. here in australia the gov getes its tax by taxing everyone who buys a ticket. thats right 1/11th of all gambling wagers goes straight to the fed gov as a gambling tax. so when aust. buys a international lotto ticket, We will pay our tax at the terminal, all the buyers will pay tax. doesnt matter if its won here or not. In usa tthe gov will only get tax income when the ticket is actually won there!

now it depends on whaqt you think is fairer, all the losers

Comment #27

sirbrad — Mon, 15 Sep 2008 05:37:45 GMT

In the US, if you offer people a multi-state game with a bigger payout, they don't bother with the local lottery.

BS, if they get large enough I play them for the better odds. In fact I play local lotteries far more than power rip off. But with a global lottery it also increases the chances of multiple winners. But $500 and up would be sweet.

Comment #26

pumpi76 — Sun, 14 Sep 2008 00:09:27 GMT

me too...

Comment #25

Guru101 — Sat, 13 Sep 2008 23:38:15 GMT

The story just says $500 million or more. It does not give us any insight on the rarity that amount will be reached. For example, it doesn't give us the size of the matrix, so we don't know how it compares to Powerball and Megamillions as far as odds go. For all we know, the odds of winning the jackpot could be 1 in 800 million and the starting jackpot could be $100 million.

Comment #24

colthmn — Sat, 13 Sep 2008 20:50:10 GMT

5 or 10 Million take home, I can sleep at night. $500 Million? NO THANKS

Comment #23

pumpi76 — Sat, 13 Sep 2008 20:17:56 GMT

Good point...

like 2 years ago someone gave me the formula for calculating the odds of a game configuration with 2 bonus balls,(i lost the formula now, will like to know it again)....I realized and noticed that the range of the game with 2 bonus ball could be extremely small with 2 bonus ball and yet it will have the same odds as a very large range with 1 bonus ball...For example, this are not the exact odds, is just for the sake of argument and better explain what i am saying...For example a... [ More ]

Comment #22

Stack47 — Sat, 13 Sep 2008 20:11:37 GMT

The lotteries do the research before and have a good idea of how many raffle tickets they should expect to sell. The Florida and Michigan raffles sold out quickly and Ohio didn't sell all of the tickets in its first raffle drawing. But since the total ticket sales were more than they paid out, they still made a profit.

Comment #21

Stack47 — Sat, 13 Sep 2008 19:54:16 GMT

If I was making the choice between which game to play based on how much I could potentially win, Mega Millions is the obvious choice and a International game with a $500 million jackpot would be better yet. They designed the games with more combinations making it more difficult to win by a small weekly play and increase the jackpots after each drawing so hopefully there will be more play on the next game. The odds of hitting the jackpot are exactly the same whether it's for $12 or $300 million,... [ More ]

Comment #20

Bradly_60 — Sat, 13 Sep 2008 18:56:00 GMT

This International game will be more like Spains El-Gordo (I think that is what it is called) There isn't just going to be one winning ticket, there is going to be thousands. I have always wanted a game like that. But international is going to be crazy. The logistics along are going to take years to figure out. Different currencies, different languages. It will be nice to see but a pain in the rear to get started.

Brad

Comment #19

RJOh — Sat, 13 Sep 2008 17:55:43 GMT

When a state has a raffle for several $1M prizes, they are putting out the money up front and gambling that they will recover their money and make a profit on ticket sales. I can't see any group ever putting up a $500M jackpot and gambling they will sell enough tickets to cover the prize and make a profit too.

Comment #18

LckyLary — Sat, 13 Sep 2008 17:54:42 GMT

I don't agree that Gail Howard books help people win; they have wheels that get you to play multiple tickets which would increase your odds anyway even if they were multiple QP instead. I think one suggestion in the booklet said to hang around lucky people and that one method would guarantee you would win something but it required that you matched the Bonus Ball and not giving any help on how to match it.

I would play a World Lottery if it paid me in $ and not Stonesylvanian Krupeks or Ameros... [ More ]

Comment #17

Stack47 — Sat, 13 Sep 2008 15:27:51 GMT

A $20 raffle ticket gives us 1 chance to win one of the five or six $1 million prizes and for the same $20 we can get twenty chances to win one multi-million dollar prize playing a jackpot game. The difference with raffle games is that five or six tickets are guaranteed to win and there is a chance in jackpot games that no ticket will have the winning numbers.

There are pros and cons for both, but it really comes down to player preference of which is the better bet.

Comment #16

Coin Toss — Sat, 13 Sep 2008 14:40:24 GMT

I agree with RJOh.

I also think this will create a lot more lottery scams.

Comment #15

RJOh — Sat, 13 Sep 2008 14:29:03 GMT

When MegaMillions and PowerBall made their last matrix changes, there were talk of a possible $500M jackpot but it never happened. I'm sure when PB changes its matrix again in January, there will such talks again. There would be no advantage for any state to join an international game as long as PB and MM are available.

The problem is jackpots have to start out small because no state or country is going to contribute more to the jackpot then they can recover in tickets sales for each drawing... [ More ]

Comment #14

Badger — Sat, 13 Sep 2008 13:51:52 GMT

The odds against hitting the jp on something that is designed to produce those size jps is going to stagger the players when they finally see it. Personally, I wouldn't bother playing. Five hundred million is way, way WAY more than anyone needs anyway.

Comment #13

Spare Change — Sat, 13 Sep 2008 11:47:04 GMT

Stack,

I agree with you about the raffles. I wish CT would have a raffle, so I wouldn't have to travel out of state to play one. I would be plenty happy just winning 1 mill, plus with the raffles you know when the numbers are drawn there will be a certain number of jackpot winners, unlike a lotto game that could drag on for months with no jackpot winner.

SC

Comment #12

savagegoose — Sat, 13 Sep 2008 07:41:58 GMT

this seems to come up every year or two, i wish they would get on with it and stop yapping about it. either give us a world wide lotto. or go away. I dont think it would be that hard to implement, mainly just printing new entry coupons and programming the new game onto the computer. taxes would be paid on based on the local the ticket was sold.

As the article said, people drop the smaller state games for the larger multi state games. Thats the price state lotto pays for getting in on the... [ More ]

Comment #11

Editgap — Sat, 13 Sep 2008 03:16:24 GMT

Nonsense.

Can you imagine a terminal for a global lottery at your local neighborhood store next to your national lottery terminal machine because lotteries are that important to survival.

Comment #10

Stack47 — Sat, 13 Sep 2008 03:00:10 GMT

And believe most regular lottery players would be more than satisfied winning $5 to $10 million. Most the states selling $20 raffle tickets sold out quickly because there were more chances to win $1 millon.

When Powerball makes their changes in January the overall chance of winning something will be lowered but will still be over 1 winner for every 30 tickets sold. With huge number of possible combination, we won't see many time when 3, 4, or 5 players split a jackpot.

Comment #9

Spare Change — Sat, 13 Sep 2008 01:21:24 GMT

I am against any mergings of these multi state lotteries. If anything I wish some of these states would scale down and disconnect from these multi state lotteries. Powerball and Megamillions cut into the state jackpots. Here in CT, the lotto jackpot takes so long to get up to even 2 or 3 million because so many people are playing Powerball. And on top of that hardly ever is there a Powerball winner from CT. And it will be worse in January when Florida joins PB. It will reduce state jackpots in C... [ More ]

Comment #8

pumpi76 — Sat, 13 Sep 2008 00:34:56 GMT

i think the GDP of the world is a lot more than 55 trillion...But i am not here to argue..I don't know actually but i think is like 70 trillion but i may be wrong..

I don't think people are going to pay attention to the odds, they are going to pay attention to the jackpot the bigger the better provided that is Once a year...But one thing i think will happen is that they will play mostly 1 or 2 tickets not more than that if the tickets cost 50 dollars...

Comment #7

Jimhowlett — Fri, 12 Sep 2008 19:32:02 GMT

$1 Trillion is way too high, considering the US GDP is $12 trillion and the world's is closer to $55 trillion

But I agree...if there is going to be an international jackpot it should be in the billions.

The problem, however, is we think our multi-state lotteries have bad odds, imagine what an international lottery would be like.

I'd rather have a national lottery, perhaps by merging MegaMillions and Powerball. Start at $40 million and go up. We'd approach $1 billion jackpots and the odd... [ More ]

Comment #6

wizeguy — Fri, 12 Sep 2008 19:10:08 GMT

I'm undecided on this yet. They didn't provide much detail on the proposed lottery. And what's with one big draw a year? Will tickets for that draw cost more? Will they set aside money from regular draws for it

Comment #5

pumpi76 — Fri, 12 Sep 2008 17:54:55 GMT

I don't know why don't they call it Global Lottery instead of International Lottery....Anyways i disapprove of this lottery, because i thought they were paying billions and billions of dollars as jackpot...For example i thought 1 winner was going to win 20 billion dollars for example...And that's the way it should be...

Japan has a Jumbo Draw that pays 350 million dollars (more than half of the 500 million) and that's just 1 country...So the entire world should the winner should get paid like... [ More ]

Comment #4

ThatScaryChick — Fri, 12 Sep 2008 15:20:36 GMT

I was thinking the same thing.

Comment #3

JimmySand9 — Fri, 12 Sep 2008 06:35:41 GMT

I bet Pumpi is jumping up and down and giggling like a schoolgirl (no offense), he's wanted this for so long.

Comment #2

petergrfn — Fri, 12 Sep 2008 05:16:42 GMT

Sounds interesting. I wonder if it's a ball drop game or computerized? I don't envy the people who have to set up the logistics for this game. Where to have the draw? do you more the machine? Is payment Anuuity or a Cash Option? Would just be insane to win that much money

Comment #1

Abdi — Fri, 12 Sep 2008 05:11:56 GMT

It's an excellent and a very ambitious idea-though I suggest that we could had loved to know which type of a game it will be.

Many people around the globe ,have found a more easier ways to win the lotterey-with the help of Gail Howard Books and the LP .

Those who dont win are the ones 'who play without considering certain factors as outlayed very clearly in Certain Lotto Books and the LP.

Back to the topic....I think a global draw will be a great idea.

International super lottery to create jackpots of $500 million or more

Lottery Post — Fri, 12 Sep 2008 04:56:17 GMT

A massive, multi-country lottery with $500 million jackpots is expected to launch within four years

Camelot, operator of the United Kingdom's lottery, has been in talks with firms in 48 countries, including Australia and the US, to launch a global draw.

The plans involve a monthly game creating up to 100 millionaires plus a once-a-year super prize likely to be on a holiday such as New Year.

They are being drawn up in response to the public's love of big-prize draws.

The National lott... [ More ]