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War Dampens Indiana's Hope of International Lottery
As much as large jackpots are fun, they are not good for individual players. As it stands now, the Mega Millions and Powerball games have a very poor expected value. To achieve a slightly reasonable expected value, they have to be played as a member of a large group and only when jackpots are large.If they double the odds, the players will be worse off.Good luck,Jake
Apr 6, 2004, 7:37 pm - Jake649 - Lottery News
MM jackpot stats by state
State # of Jackpots #175k winners ttl in millionsNY 6 326 446.05GA* 3.6 91 274.53VI 1 121 260.18NJ 3 157 246.48MD 2 49
Mar 6, 2004, 1:15 pm - fja - Jackpot Games Forum
Tax question
I suppose you could go to each state's official website and look under FAQ. Look for the question asking about the way jackpots are taxed.I really don't think you are going to avoid paying taxes on any lottery over $600.00 Taxes are a given in the US. You can always call IRS or a tax attorney about any unique methods of avoiding a tax on lottery jackpots. I doubt either will tell you what you want to hear.
Mar 5, 2004, 12:14 am - Jorli D - Lottery Discussion Forum
IL Little Lotto Begins Today
Hey Group* Jackpots start at $100,000 and are paid via pari-mutuel formula; one winner receives $100,000 (or more), two winners receive $50,000 (or more), etc. Odds of matching all five numbers: 1 in 575,757.Starting Jackpots of $100,000* that grow with each rolloverDrawings 7 days a week (formerly Mon-Fri)Overall odds of winning a prize improved to 1 in 9 (formerly 1 in 46)New Pick 5-of-39 game play (formerly 5/30)Match 4-of-5 Prize=$100 (formerly pari-mutuel)Match 3-of-5 Prize=$10 (formerly $5
Feb 25, 2004, 1:42 pm - Webmaster L - Pick 4 Forum
Powerball $85 Million
Kristin,It's the first time I've ever seen them track so closely. However, they are deceptively different -- even though the advertised jackpots are the same, the cash options are much different. MM is $50 million cash vs. PB $46 million. The annuity jackpots are the same only because Powerball uses a longer payoff period (30 years) vs. MM's 26-year payoff.I'd rather win the Mega Millions jackpot right now!
Jan 31, 2004, 10:51 pm - Todd - Jackpot Games Forum
Powerball $85 Million
wow, these jackpots are getting tied every time no one hits! Its getting pretty exciting, I dont know, but I think its the first time these jackpots have been close together like this? Maybe I am wrong!
Jan 31, 2004, 10:38 pm - Kristin - Jackpot Games Forum
Powerball and Mega Millions Merge
I Don't think that they should merge because they can do well on their own. I just think that Powerball and Mega Millions needs some rules changed Like a hike in the odds or a raise in minimum play amount to two dollars a play and an additional dollar a play for the multiplier. The extra money would make the 400 or 500 million dollar jackpots a reality and not someones dream. Plus the cap on jackpots is B.S. in my opinion they can afford the high jackpot payouts.
Jan 27, 2004, 9:16 pm - weshar75 - Lottery Discussion Forum
$2-per-play lotto
I like the idea of a $2 ticket if there was a bigger audience, ie., Mega or PowerBall. I think we would have some collosal jackpots then. I also like the idea of nightly draws in those two games. I think there are other options to get big jackpots than messing with the odds.
Jan 13, 2004, 12:30 pm - Bug - Lottery Discussion Forum
Time to change Mega Millions
Georgia used to be a PowerBall state, but in her infinite wisdom(which she has taken to Tennessee), Ms. Paul decided to drop it in favor of Mega Millions, which promised MEGA jackpots.Looks to me like PB is always larger than MM....BTW--she also said that dropping the Georgia Lottery ( pick 6 ) and replacing it with Lotto South would be better, but it has pitiful ticket sales and very low jackpots. It is so poor, it only grows by 1 mil per week unless it gets to double digits.....Hopefully the n
Jan 2, 2004, 12:59 pm - DoubleDown - Jackpot Games Forum
Ohio Super Lotto Plus!
Ohio Lotto began April, 1983 as 6/40 with Saturday drawingsChanged to Wednesday/Saturday drawings October, 1984Super Lotto began February, 1986 as 6/44 with Wednesday drawingOhio Lotto discontinued April 1987Super Lotto 6/53 started October 6, 1990, 2 plays/$1, discontinued January, 1991.Super Lotto 6/47 started January 12, 1991, discontinued July 8, 2000.Super Lotto Plus 6/49 started July 15, 2000, with $4 million starting jackpots. The jackpots increase at least $1 million per draw but go hig
Jan 2, 2004, 7:15 am - MrSteel01 - Jackpot Games Forum
