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The Florida Millionaire Raffle is back!Reply
Calculating the straight odds of a raffle is easy, at least by prize tier. You divide the number of tickets sold by the number of prizes. Like for example, if by the end it sells 900,000 tickets, then the odds for the million are 1:90,000. If it sells 1,400,000 tickets, the odds are 1:140,000. There are additional prizes added at the half mil increments of sales. So if it sells 1,600,000 tickets the odds are 1:106,6666. Your personal odds based on how many tickets you buy are equal
Mar 28, 2026, 3:45 pm - winterbird - Lottery Discussion Forum

Mega Millions and Powerball RaceReply
I think what winoneday meant was that it was bad luck for the house. In the long run, the average jackpot won will equal the expected value. In a game like this, a drawing every few days with odds of 1 in 300 million, the long run could be many years. In a short period of time, the players can be lucky which means the house (MUSL) is unlucky. Unlike other games like pick 3 or any table game or slot machine in a casino, where more jackpots are good for business because the long run for th
Mar 12, 2026, 2:56 pm - Tucker Black - Lottery Discussion Forum

It looks as if the $5.00 MM ticket is doing poorly.Reply
It took 40 draws, 5 months, to generate an annuity jackpot still sub billion. This is the longest series of rollovers ever recorded for Mega Millions. The Texas lottery, using an estimated sales figures translated into what are presumably Poisson distribution calculations, indicated that the probability of forty rollovers was less than 35%. It follows if one does simple math that more than 40 rollovers would be required to reach annuity jackpots over a billion dollars, and thus is unlik
Mar 10, 2026, 4:24 pm - Prob988 - Lottery Discussion Forum

Lucky For Life to Millionaire For Life - $5 TicketReply
I wonder if I miscalculated or if this is the best lottery draw game ever invented. A $5 ticket is worth almost $5. Exactly how much depends on how many people have to split the top two prizes, which is difficult to estimate without sales numbers. No stupid multipliers and the odds of winning something is a reasonable 1 in 8.47. You can buy all the numbers in the second basket of five with one selection of white balls for half the cost of doing so in Powerball. I may have to paro
Jan 11, 2026, 4:09 pm - Tucker Black - Lottery Discussion Forum

$1.7 BILLION: Will Powerball create a Christmas billionaire?Reply
I would like to make special mention of the #24 jackpot on the annuity list, since it is close to falling off the list. Long-timers here may remember what an incredible watershed time that was, when Mega Millions hit $656 million. By the afternoon of the drawing, the jackpot was bumped up to $640 million. Check out the level of excitement in the story and comments: https://www.lotterypost.com/news/244310 By draw time, when the final sales were calculated, the jackpot settled at $65
Dec 23, 2025, 12:20 pm - Todd - Lottery News

Mega Millions and Powerball RaceReply
Based on the worksheet I figured a roll should be about 1.011 billion, but playing it safe and advertising an even billion isn't a surprise. The most recent worksheet estimates the supported annuity at 1.017. Monday's jackpot finished almost exactly at the estimate for the supported annuity (a hair over 40k higher, based on the numbers I've seen), and last nights was about 3.6 million higher (935.5 vs an estimated 932.4). Now we just wait and see if advertising a jackpot starting with a B will g
Dec 11, 2025, 2:35 am - KY Floyd - Lottery Discussion Forum

Are you playing Mega Millions with the $5.00 per play?Reply
The sales numbers were appalling lower, both in revenue and in tickets sold. It's pure nonsense to say that it improved the profit margin. This isn't widgets. It gambling. The prize payout percentages are not appreciably different. The gamble of raising the price to gamble isn't paying off. The competition, which is Powerball, is obviously a better deal. Even as the prize approached a billion dollars, the expectation value didn't even get to 0.5. At a jackpot a little over half a bi
Nov 21, 2025, 10:57 pm - Prob988 - Lottery Discussion Forum

One Georgia ticket wins $983 million Mega Millions jackpotReply
Why do you have to make those stupid comments about disgusting sandwiches all the time? TBI? do you get a check for a specific amount like $453,609,211.74 or do they round it off Even if the prize is only one million it doesn't matter if you don't get the last 89 cents, but the official rules specify the percentage of revenue to goes toward the jackpot prize pool. Unless there's a specific rule stating that actual payment will be to the nearest dollar or rounded down to a whole dol
Nov 21, 2025, 7:47 pm - KY Floyd - Lottery News

Mega Millions jackpot closes in on $1 billionNews Story
14th-largest lottery jackpot in history By Todd Northrop The Mega Millions multi-state lottery game continued its jackpot run last night now approaching $1 billion when no tickets matched all six numbers. Last night nobody won the Mega Millions lottery drawing, triggering another jackpot rollover that created a Friday jackpot estimated at $965 million with a cash value of $445.3 million. To get to this massive size, the jackpot has been growing since it started on July 1 as a $50
Nov 13, 2025, 10:13 am - Todd - Lottery News

Mississippi Lottery halts Cash 3 triple payout promotion one week inReply
it drained the funds intended to pay out the prizes That tells us that they started it with a cap already in place, so they simply reached the cap sooner than they thought. Lottery President Jeff Hewitt should be fired for not only offering a promotion that could cost the state millions Those funds intended to pay out the prizes tells us that they knew the promotion would cost them money, so they obviously thought that the money was worth it to promote the game, or perhaps the lott
Nov 7, 2025, 5:38 pm - KY Floyd - Lottery News