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$1.8 billion Powerball jackpot won by a single lottery ticket sold in ArkansasReply
You can find out what sales were on the site that shall not be named ( lotto [remove this part] report dot com) or at https://www.texaslottery.com/export/sites/lottery/Games/Powerball/Estimated_Jackpot.html and https://www.texaslottery.com/export/sites/lottery/Games/Mega_Millions/Estimated_Jackpot.html The worksheets on the TX website don't get updated when the jackpot gets hit, so the amount spent on tickets for the last drawing will only be an estimate. The site that shall not be name
Dec 30, 2025, 2:49 pm - KY Floyd - Lottery News

$1.5 BILLION: Massive Powerball jackpot fuels rush for ticketsReply
The Poisson distribution giving the probability of various numbers of winners, based on the anticipated sales figures estimated at the Texas Lottery website, $311,928,188, is as follows: k, number of winners p(m,k) 0 57.40% 1 31.86% 2 8.84% 3 1.64% 4 0.23% 5 0.03% 6 0.00% If sales exceed the estimate, the probability of a rollover, 0 winners, will go down, and the probability of each number winners will go up. The probabilities of six or more winn
Dec 19, 2025, 12:51 am - Prob988 - Lottery News

$1.5 BILLION: Massive Powerball jackpot fuels rush for ticketsReply
I hope it actually gets to $3 Billion so when I or someone hit it we can literally see someone walk away as a billionaire after cash option and taxes. It's not impossible, but it's going to take a lot more than $3 billion for that to happen unless interest rates go way down. Even if interest rates go way down it will still take the same amount of cash, and the same number of tickets without producing a winner sooner. With the current interest rate you'd net about 29% of the annuity value af
Dec 18, 2025, 12:04 pm - KY Floyd - Lottery News

$1.25 BILLION: Epic Powerball winless streak marches onReply
The Poisson distribution for the probability for various numbers of winners, based on the estimated sales posted on the Texas Lottery website, $166,593,667, is as follows: k, number of winners p(m,k) 0 74.34% 1 22.04% 2 3.27% 3 0.32% 4 0.02% 5 0.00% Sales of course, may ultimately be higher, in which case, the probability of a single winner or multiple winners at each level will go up and the probability of no winner, 0, will go down.
Dec 17, 2025, 5:49 pm - Prob988 - Lottery News

$1.25 BILLION: Epic Powerball winless streak marches onReply
I think there will be multiple winners. As long as they've sold two or more tickets there's a chance of multiple winners, but the chance is pretty low until sales get pretty big. Actual sales will be higher, but the initial estimate is for about 77.25 million tickets. For that many tickets, if they were all chosen randomly, the chance of any number of winners is 23.23%. The chance of a single winner is 22.21% so if the jackpot is hit there's a 95.6% chance of a single winner. There's a 2.68
Dec 17, 2025, 12:11 am - KY Floyd - Lottery News

Mississippi Lottery halts Cash 3 triple payout promotion one week inReply
Those funds were apparently only enough for six days and not for the entire month of November they advertised. And? They expected to pay out some amount,but players won that amount in about 1/4 of the time the lottery expected. They ended up paying out 97% of all the wagers that month. Don't recall the KY Lottery saying because of an overwhelming player response they would stop sales of triples. And? Triples account for 1% of the possible results and get drawn 1% of the time as a l
Nov 12, 2025, 1:22 am - KY Floyd - Lottery News

New Millionaire for Life multi-state game coming in 2026Reply
You would think that after seeing the huge drop off in sales for Mega Millions they would rethink their 5.00 a ticket plan for a paltry prize of a million dollars a year. No one is going to want that. Most players are older than 45 so all they can win is 30 million or so for 5.00 a line. No thanks. No one likes Lucky for Life or Cash for Life now as it is because of the paltry prize structure. With ten more numbers in the matrix forget it. It will not sell. Throw a wet and moldy blanket on this
Oct 22, 2025, 9:17 am - billybucks - Lottery News

Idaho Lottery alerts retailers to possible bulk buying attempt over $877,800 Idaho Cash jackpotReply
You are correct that no one did anything wrong in buying the tickets because they broke no existing law. However the point is that everyone should get an equal chance and the game should be such that the number of tickets sold per draw has a reasonable chance of winning. That can be deduced by looking at the historical number of tickets per draw. The Texas Lotto, Lotto America, Montana Cash and Idaho Cash fail in that respect. As an example, recently it took Lotto America (2) entire year
Oct 21, 2025, 7:46 am - JohnGalt3 - Lottery News

Montana Lottery aims to prohibit bulk purchases after group takes gamble on $1.6 million jackpotReply
The buyer's address is in London, England. The store was not in Madison, MT as the story says, rather it was in Ennis, MT as there is no Madison, MT. My daughter lives in Ennis, MT and reports that the retailer is not a gas station, bar, supermarket so not like any other lotto retailer in Montana, but just a building with no other business. It is a front set up precisely to facilitate this nonsense. The company that owns this store has a phone app to buy lottery lottery tickets. Who
Sep 20, 2025, 1:22 pm - JohnGalt3 - Lottery News

$1.8 billion Powerball jackpot to be split by two tickets sold in Missouri and TexasReply
Right now the $164.5 million cash value of MM is 45.95% of the $358 million annuity. With the annuity at 35.8% of 1 billion the cash value at the same interest rate has to be $164.5 / .358 for a $1 billion annuity. That's $459.5 million. Flipping it around, it will take a hair under 2.8 times as much money for 1 billion as for 358 million. Total sales through Saturday are forecast to be $609,162,600 and 121,832,520 tickets. 2.8 time that is 340,314,302 tickets (and total revenue of just over
Sep 7, 2025, 5:43 pm - KY Floyd - Lottery News