Search

To my fellow LP membersReply
Very good point. All lottery players who live in or visit NY should push for a minimum 50% payout in NY Lotto, and an end to annuity-only scratch games (including cash options on lifetime payouts.) There are 19 million alone who live in NY state, so I cannot make the NY Lottery change by myself.
Dec 18, 2006, 9:43 am - CASH Only - Lottery Discussion Forum

which is best--powerball or mega millionsReply
I don't know if anyone follows it or cares, but I regularly post the expectation value for these games. The expectation value is the possible reward (the prize size) divided by the odds of winning it. I bet with an expectation value of 1.00 is considered a good bet. Typically neither of these lotteries become a good bet until the prize is well over an advertised annuity value of over $200,000,000. The annuity values of both games are fraudulent in that they do not record the actual val
Dec 17, 2006, 5:09 pm - Prob988 - Jackpot Games Forum

Lucky For LifeReply
I'm glad you are looking forward to playing Mix Match, which debuts January 23, 2007 (first drawing 1/25/2007.) I do forsee some problems (will some media give the numbers in ascending order, rather than exactly as they come out), but, since it's not annuity-only, M M will be a much better game than the one it replaces.
Dec 12, 2006, 10:29 am - CASH Only - Jackpot Games Forum

Lucky For LifeReply
A lifetime prison sentence might be unlucky for life, but to think of a lifetime of checks as being unlucky would make you an idiot. As well as to assume that not having a cash option is bad for a game you do not even play, and just because you are 60 years old or more; don't assume that many younger people would not want an annuity. I would be fine accepting it.
Dec 8, 2006, 8:52 am - sirbrad - Jackpot Games Forum

Ohio is bringing in the Classic Lotto and getting rid of Lot O Play!!Reply
Ohio has made stupid lottery decisions before and had to reversed them. The worst was years ago when they put a $20M limit on the amount of annuity one lottery ticket could win. At the time people in neighboring states also played Ohio SuperLotto and jackpots got as high $70M but after that they stopped coming to Ohio to play and the jackpot amounts declined that decision was reversed about 8 months later.
Dec 6, 2006, 2:58 pm - RJOh - Lottery Discussion Forum

What is up with MM/PBReply
Yes, that's based on cash value. I may have confused things with the comment about jackpots from 12 to 300 million, since those amounts reflect advertised annuity values.
Dec 4, 2006, 12:58 pm - KY Floyd - Jackpot Games Forum

What is up with MM/PBReply
In the first 4 months of 2006, MM produced 2 jackpots of more than $260M, annuity, paying $160M in cash and $149M in cash. Each of these pots took more than 2 months to build. Statistically, these jackpots are very unlikely. The model I've developed indicates that from start of a run, it has a 51% chance of rolling 7 times. The actual length of MM runs in 2006 thus far is 7.6, meaning the MM lottery is being won slightly less than expected. There are bound to be big jackpots, and th
Dec 3, 2006, 12:30 am - Prob988 - Jackpot Games Forum

N.J. Lottery to offer limited raffle-style New Year's drawingReply
GEEZ...and I ripped on Michigan for such a lame rip-off ..I mean raffle.... nj is only 4 -1 mill prizes only 5 - 100,000 and only 500 - 1000...this is really a rip-off...michigan has 5 -million (annuity)..10 -100,000 and 750 - 1000...but i guess it is what it is...a raffle
Nov 25, 2006, 12:40 am - fbird - Lottery News

Michigan Post 11/20-11/26Reply
Md sells 42000 and pays out 4 -1 million ...fla sells 625000 and pays out 10 1 million prizes but keep in mind these are cash..not annuity...and really the odds here are not too bad ..just that it stinks that they have to be soo greedy!
Nov 23, 2006, 10:20 am - fbird - Pick 3 Forum

Michigan Post 11/20-11/26Reply
On this raffle drawing...seems like good odds, but then when i started looking closer at our raffles compared to other states, it doesn't appear to be that good after all. First and foremost is the pathetic greed of the good old MSL.....our $1 million is paid out in a annuity form as with all the other states it is CASH...just leave it to the MSL to come up with a way to cheapen the way you can win. Whats next...annutiy on the 4 digit payouts? ....LOL
Nov 23, 2006, 9:41 am - fbird - Pick 3 Forum