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Calif. Gov: Sell lottery to fund health care
Hoping to rejuvenate lagging negotiations over health care reform, Gov. Arnold Schwarzenegger said Tuesday that he wants to use the state lottery to help finance his plan that would require all Californians to have health insurance.
The Republican governor said at a news conference that he wants to lease the lottery to a private group and use about $2 billion a year of the proceeds to pay for his health insurance plan, without diverting any lottery funds used for education.
The proposal is
Oct 12, 2007, 7:42 pm - Todd - Lottery News
New Jackpot Winners
Over the last week, we have seen Powerball and Mega Millionswon. There are a total of 5 new minted Jackpot Millionaire Winners. My hopes and prayers is that they will do weel by their new fortunes and also their families and some less fortunate people if they so chose to do so.
But I have to tell you, I am so not feeling this new winner from Maryland. See below! Before the commission headquarters opens he is out in front of camera's. Certainly it is an assumption that he doesn't have a
Sep 3, 2007, 12:29 pm - delS - Jackpot Games Forum
Maryland Mega winner believes in magic
Two months ago, when a tarot card told Ellwood Bunky Bartlett that he should slow down and focus on his spirituality, Bartlett let out an exasperated yelp. The only way that was going to happen, he thought at the time, was if he won the lottery.
Yesterday, a day after he announced that he was one of four winners of a $330 million Mega Millions prize, Bartlett was back at the White Marsh New Age shop where the tarot cards foretold his future. Frustrated no longer, Bartlett says he now has th
Sep 3, 2007, 7:24 am - Todd - Lottery News
Now this is News worthy...Brad Duke
Yes Brad Duke is back in the news...for a good reason. Way to go BD; I'll be joining you in the pursuit to becoming a billionaire whether I win a huge jackpot or not. I remember I read an earlier story on Brad and the journalist clearly showed the wrong bias when he used the word spend ; Brad Duke is clearly focused on investing, not spending his lottery winnings. And yes, even inflation affects multi-millionaires: it costs more to purchase a learjet today than it did 10 years ago; it costs
Apr 11, 2007, 11:48 am - OldSchoolPa - Lottery Discussion Forum
Probability of a Rollover in Powerball.
Powerball has rolled. The cash jackpot is 19.1M, the advertised annuity is $41M.
Fourth round drawings sell 15.4M tickets on average. The probabilities in an average run for various numbers of winners is as follows:
089.97%
19.51%
20.50%
30.02%
The long term model suggests the following:
Average Historical AnnuityCalculated AnnuityCalculated Cash Value ProjectionsSingle Draw Rollover ProbabilityOverall Probability from baseline
$590,800,1
Mar 30, 2007, 12:02 am - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
The Powerball jackpot has rolled. The cash value is 27.5M; the advertised annuity, $58M. The average number of tickets sold on on sixth draws is 16.7M.
The average sales of this size produce a probability distribution for numbers of winners as follows:
089.14%
110.25%
20.59%
30.02%
The long term jackpot evolution has been pretty accurate of late in Powerball (not so good in MM - which I am still modeling as a pure exponential). Here is what it suggests for
Feb 15, 2007, 2:54 pm - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
Powerball rolled over. The cash jackpot is $22M. The advertised annuity is $46M.
Fifth draws sell on average 15.9M tickets.
If the sales are average the randomized probability of various numbers of winners will be as follows:
089.68%
19.76%
20.53%
30.02%
The long term model suggests the following for jackpot development:
Average Historical AnnuityCalculated AnnuityCalculated Cash Value ProjectionsSingle Draw Rollover ProbabilityOverall Probability
Feb 11, 2007, 5:21 pm - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
The powerball jackpot has rolled over and is now valued at $17.5M cash and is advertised as a $37M annuity. Fourth drawings average 15.3 M in sales. If the next drawing is average, the probability of various numbers of winers is as follows:
090.06%
19.42%
20.49%
30.02%
The long term model suggests this for jackpot evolution:
Average Historical AnnuityCalculated AnnuityCalculated Cash Value ProjectionsSingle Draw Rollover ProbabilityOverall Probability from
Feb 9, 2007, 1:22 am - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
Powerball has rolled over. The cash jackpot is $12.9M; the annuity value advertised is $27M. Third drawings sell 15.0M tickets on average. The randomized probability of various numbers of winners - if average sales are obtained - is:
090.24%
19.27%
20.48%
30.02%
The mathematical model I use to predict the long term probabilities of rollovers within a particular run suggests the following:
Average Historical AnnuityCalculated AnnuityCalculated Cash
Feb 4, 2007, 8:06 am - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
The Powerball jackpot has rolled. The cash jackpot is $9.3M. The advertised annuity is $20M. An average 2nd PB draw sells $14.2M in tickets. If this is the amount that sells in the next drawing, the randomized probability of a a rollover we be as follows:
090.37%
19.15%
20.46%
30.02%
The modeling program I developed suggests the following for jackpot evolution:
Average Historical AnnuityCalculated AnnuityCalculated Cash Value ProjectionsSingle Draw Ro
Feb 1, 2007, 11:08 pm - Prob988 - Jackpot Games Forum
