I got an idea.

Reply #6

BobP — Sat, 10 Jul 2004 04:39:41 GMT

Rollover's are very effective at increasing lottery sales. Rolldowns are very effective at keeping things interesting in smaller games.The trouble with the larger lottery games is the all out drive by the lottery to push all possible money into growing the jackpot at the expense of lower tier prizes.What we need is a way to pull roughly ten percent out of the jackpot rolloverjuggernaut for rolldown into lower tier prizes so winners of smaller prizes aren't continually put off by chump change wi... [ More ]

Reply #5

Tx_Mega_Player — Sat, 10 Jul 2004 03:51:44 GMT

Quote: Originally posted by DoctorEw220 on July 09, 2004darn. it would have made for some nice rollovers.I don't think that this idea would have any effect on rollovers. Currently if no one wins, excess funds above the advertised amount already go towards the next jackpot. The only affect is that a winner would be short changed....

Reply #4

DoctorEw220 — Sat, 10 Jul 2004 03:31:51 GMT

darn. it would have made for some nice rollovers.

Reply #3

Todd — Sat, 10 Jul 2004 03:15:09 GMT

Quote: Originally posted by DoctorEw220 on July 09, 2004I got this idea, and I want to send it in to the lotteries and see what they think of it, but I would like your opinion first. Let's say that the jackpot were capped for a drawing at the estimated annuity value that is advertised, and the excess jackpot money would fund future rollovers. Here's an example to clear up any confusion. Let's say that the powerball jackpot was at $190 million, but sales were enough to drive the jackpot to $21... [ More ]

Reply #2

whodeani — Sat, 10 Jul 2004 02:59:41 GMT

Reply #1

RJOh — Sat, 10 Jul 2004 02:11:18 GMT

About 20 years ago, Ohio had the most popular State lottery in the area. It has a $40M winner from Indiana,a $65M winner from Pennsylvania and even a sailor who won $25M who was stationed in Japan and bought a tickets when he traveled through Ohio on his way to California. Ohio decided to limit the payout on one ticket to $20M regardless of the real jackpot amount thinking they would still have the best payout in the area and attract even more out-of-state players. People stopped traveling to O... [ More ]

I got an idea.

DoctorEw220 — Sat, 10 Jul 2004 01:25:47 GMT

I got this idea, and I want to send it in to the lotteries and see what they think of it, but I would like your opinion first. Let's say that the jackpot were capped for a drawing at the estimated annuity value that is advertised, and the excess jackpot money would fund future rollovers. Here's an example to clear up any confusion. Let's say that the powerball jackpot was at $190 million, but sales were enough to drive the jackpot to $210 million. It would be capped at $190 million. If the... [ More ]