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Matrix change: Powerball to get much harder to win?
They are definitely not thinking they can payout $1 million without changing the matrix, raising the ticket price,and/or killing their cash cow. Right now 60% of the prize money goes to the jackpot and a bit over 11% goes to the second place prize. Paying 2 1/2 times as much for second place would require about 123% of the current prize pool unless they pay fewer second place prizes. That leaves them the choice of raising the odds and/or reducing some of the other prizes.
Reducing the other
Dec 5, 2007, 2:51 am - KY Floyd - Jackpot Games Forum
Hoosier Lotto in a dry spell
Yes that is a long time. But you do have to look at the odds. I mean if the jackpot is really this high and they are only selling about $1.5 million tickets a drawing, that is a lot of uncovered combinations. Now for how long this has been growing the odds are probably pretty small that it would have lasted this long. But odds are odds. I really don't see how it could be a fraction of a percent though. I mean when the jackpot is small it seems like they don't sell many tickets at all.
Oct 18, 2007, 10:59 am - Bradly_60 - Lottery News
Info On RNG'S
The only ways to increase your odds of winning are to play more - or in a double-barrel game like Powerball, to buy numbers covering all red ball numbers (thereby giving yourself a guaranteed win and at least a discount in the game - you basically buy 42 plays for $39). The only other possible hope for increasing one's odds is to assume fault in the draw process and to play the most common numbers for mechanical draw machines or the last numbers drawn for an RNG (or some other RNG issue like a
Sep 15, 2007, 3:38 pm - chuck32 - Lottery Discussion Forum
Idea for Florida Lotto.
No, I wouldn't buy it. The best I could do is to increase a $5k winner to around $20k. That's not a life-changing increase, therefore to me it's not worth the extra money I'd have to lay out each week.
However, I DO buy the multiplier for Powerball, because a match 5 means the difference between $200k and $400k or even more. The difference between even just the 2 multiplier amount is life-changing (you could actually buy a house here with the $400k after taxes, you can't buy one for the $2
Jul 29, 2007, 9:22 am - LuckyLilly - Jackpot Games Forum
Should PB MM be tax-free/lump sum
pacattack05
I can't remember who but an Aussie here on LP once posted that in Australia the tickets are $1.03 and the $.03 is what pays the tax.
Pretty slick. Not only do the losers pay the winner (and the house keeps its take, i.e., most of it) but the losers pay the tax for the winner, too.
I'd like to see U.S. lotteries go to that- but with a rule that the $.03 doesn't steadily increase and increase.
Jul 13, 2007, 6:53 pm - Coin Toss - Jackpot Games Forum
How Long Will It Be Until We Have A Lotto Billionaire ?
I agree with Stack's post. But to respond to this comment - you might be correct about a large number of people who are only interested in the jackpot amount. However, when does next to impossible become impossible? As Stack pointed out, when there are so many people buying tickets, it only increase the chances that someone will win. So I don't think it will ever get to a billion. I guess I'm only being redudant by posting this, but I will never understand why someone would get much more ex
Jun 2, 2007, 3:02 pm - justxploring - Lottery Discussion Forum
'All or Nothing' game
The states already offer plenty of games with low level prizes for those who prefer them to the structure of the jackpot games. Statistically you should expect to lose at least half of your money over the long term, and if winning 10 grand over the course of 20 years makes a significant difference in your life you shouldn't be playing the lottery anyway. Even a modest jackpot will change your life. An all or nothing game should appeal to all players with sense.
With jackpot games typically p
Apr 19, 2007, 1:51 am - KY Floyd - Lottery Discussion Forum
would you play in a jackpot pool
I say a family pool..or a workplace pool is just fine..as long as a written agreement that everyone agrees to... absolutely agrees to I might add..lol..Just remember onething..the more combinations you can get your hands on for every draw INCREASES your chances of winning ..WHO CARES ABOUT A LIFE CHANGING WIN..are you so greedy that you want all of it..DO YOU HONESTLY NEED..5 million dollars..10 million dollars..are you that much in debt?..NO..YOU WANT 5 MILLION OR 10 MILLION..its not that you n
Mar 27, 2007, 5:13 pm - lotterybraker - Lottery Discussion Forum
New FL Fantasy 5 Promotion
Anyone see the new promotion for EZ Match on the Fantasy 5? There will be an increase from a $500 instant prize to $1,000. There is also going to be more of the $100 prizes. This is a 4 week promo. Haven't heard any other info about it. Feb and March are the busiest months for tourism in Florida - Snowbird Season. (there's actually a song if it's snowbird season, why can't we shoot 'em?)
Edit: Okay, maybe I'm not using my brain right today. The odds shown for the top EZ Match prize on
Feb 6, 2007, 5:50 pm - justxploring - Pick 5 Forum
Mass. Lottery officials concerned about big revenue dip
I'm from MA. I have a Mega Millions season ticket on my desk in front of me, but that's all the MA lottery gets from me every year now. With increased train fare, increased property taxes, high gas prices, etc. I want to be in the game, but I don't want to spend more than $100 a year. The state has to realize that the lottery is an entertainment item that can and will be dropped when money gets tight. If they increase train fare $50 a month, people have to cut down somewhere else. I personally
Jan 20, 2007, 12:26 am - tg636 - Lottery News
