Search

Expected ReturnReply
Thanks for the wonderful link lottobuddy. I've downloaded the paper. Eqn(4) is exactly the equation I use in calculating expectation values, with equ'n 3 being the form I posted on the other thread. However, my results conflict with the statement that there has never been a MB or PB drawing that gave a fair bet. I calculate that the expectation value for this drawing (217 million) is actually a fair bet with an expectation value of 1.02. I have seen at least two or three other such
Feb 18, 2004, 6:03 am - prob987 - Jackpot Games Forum

Kansas Lottery Sales Above ProjectionsNews Story
Kansas lottery sales continue to grow, as the third quarter of the fiscal year gets under way. Current sales reflect a $10 million increase over projected sales for the 2004 Fiscal Year. We believe our sales increases are a result of change we made in game development and marketing practices, reports Executive Director Ed Van Petten. We have introduced more instant games in the market, and these games have shown the largest increase. The Powerball game also boosts sales when the jackpots in
Jan 29, 2004, 7:01 am - Todd - Lottery News

MM questionReply
The jackpot levels are based on estimated sales. It appears they estimated a little high for the first draw that included Texas with an $11 million increase. The next draw was estimated lower with a $10 million increase. And a further lower estimate was made for the next draw with a $7 million increase. Eventually sales caught up with their estimates.Texas players will dventualy catch on to the new lottery. If the current jackpot sequence approaches $200, Texas players will catch on very quick
Dec 15, 2003, 3:16 pm - Jake649 - Jackpot Games Forum

Bank gets lottery businessNews Story
Lottery officials Monday officially named First Tennessee to handle millions in banking services for the upstart game.The bank was the lowest bidder at $51,000 over three years. Additionally, First Tennessee also scored the highest in different categories such as geographic coverage and service considerations, say officials.Services provided under the contract will include basic banking and weekly electronic sweeps of tickets sales from retailers.Tennessee Education Lottery Corporation (TEL) CEO
Dec 9, 2003, 4:49 am - Todd - Lottery News

wheeling for dollars!!Reply
well the most i spend is around 300 but yes i think we got your point. but some people exclude numbers to improve their odds. for instance if you believe the winning set of numbers will start with a number in the 20's you would exclude 1-19 from your numbers. if you are wrong you lose everything (which as experenced lottery players here know is very likely anyways) but if you are right you have changed your odds in your favor by quite a bit. thats what its all about do you want just a random set
Oct 6, 2003, 11:17 pm - dvdiva - Lottery Discussion Forum

Lottery Sales Hit Record In KansasNews Story
A new marketing strategy designed to keep games fresh and payoffs healthy helped send sales of the Kansas Lottery to record levels, officials said Thursday.Sales topped $202.9 million for fiscal year 2003, which ended June 30, an increase of $12.9 million from the previous year. As a result, the Kansas Lottery transferred $62.9 million to the state, of which $50 million was transferred to the state gaming fund to finance economic development initiatives.For the year, the lottery paid $107.6 mill
Aug 1, 2003, 8:11 am - Todd - Lottery News

New York Lotto $45MReply
You are correct that the jackpot was $45 million on March 6, 2002, the last time it was this big. The interesting thing is if you look at the run-up to the $45 million jackpot. The previous jackpot was $35 million, and the jackpot before that was $27 million. Obviously, a lot of people were playing in order to make it jump like that.This time, the jackpot is jumping in increments of about $2 million per drawing (last drawing was $43 million), meaning that a lot fewer people are playing now.
Apr 13, 2003, 8:03 am - Todd - Jackpot Games Forum

Lottery Trends
Lottery Trends 1) Lets begin by trying to pick the first number correct by eliminating other numbers and narrowing your choices (1-9). Take a look at the last three drawing results for the lottery your playing. TREND: Rarely do the same numbers repeat the next week. So eliminate these numbers. Consequently, you now have reduced your choices of numbers by 3.2) Selecting the remaining numbers are random, but you can help increase your odds by considering the following trend.TREND: In the majority
Aug 11, 2002, 5:18 pm - Guest - Lottery Discussion Forum

Maryland Lottery to swap out 5 Card Cash for new Pick 5 gameReply
Found something in the KY Lottery annual report that suggest pick-3 players don't worry about how the numbers are drawn: Pick 3, which far and away continues to be the most widely played Kentucky Lottery draw game (more than doubling sales of any other terminal-based game), posted a 16.1% sales increase from the previous year. Sales for the game ended FY21 at $194.2 million, a $26.9 million increase. Pick 4 sales increased for the same period, ending up 18.1% at $60.2 million. That
Feb 3, 2022, 4:33 pm - Stack47 - Lottery News

NJ Lottery announces new evening draw times and other changesReply
What this press release spin doesn't say about the changes to Jersey Cash 5 is that increasing the numbers selection from 43 to 45 numbers will greatly increase the odds of hitting the top jackpot - making it harder for players to win big. Currently the odds of hitting the top progressive jackpot is about one in 1 million, according to the NJ Lottery. So now with more numbers to chose from it will increase the odds significantly, making the chances of scoring the top jackpot more difficult.
Jun 22, 2020, 10:43 pm - jplayer33 - Lottery News