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if PB/ MM changed its policy from CASH to ANNUITY going forward- would that sit well with you?Reply
There was a time when almost all the lotto jackpots were paid in yearly installments. Taking the cash value was an added option and in some states that decision had to be made when the ticket was purchased. As more jackpot winners opted for the cash, it relieved the long term investment burden of the lotteries. Today to be able to advertise the huge jackpots, the installments were extended from 20 years to 26 and 30 years. That's about 2/3 of an average lifetime and gives the lotteries the autho
Apr 17, 2013, 12:22 pm - Stack47 - Lottery Discussion Forum

Some jackpot games filters ideasReply
There might be nobody right now who can win at will jackpots with or without lottery softwares, Why? Is it because they say that lottery games are random and that you can't win or predict at will random games? Or Is it because people don't really understand what random and prediction are really all about? Or Is it because people don't have the computing or programing (or Is the word programming ?) resources that are needed in order to implement their techniques with? Or it might be m
Mar 26, 2013, 1:20 am - MonEl - Lottery Systems Forum

Powerball ticket worth $338 million sold in N.J.Reply
Well boys and girls the fun is over, for now. I will not be going on my Muscha-Cay dream vacation or getting a new house with a big garage to store my new Lamborghini, Ferrari, and porsche 911 turbo any time soon. Can't say that I'm not disappointed but after playing the lottery for years you expect to lose. It's really nothing more than a fantasy to dream that you will win. In reality I know that winning is something that will likely never happen, not even a lower prize win. I'm not giving up b
Mar 24, 2013, 10:25 am - hotslot3 - Lottery News

** The Stupid Tax **Reply
Calling the lottery a stupid tax is just an inflamatory statement meant to elicit some kind of reaction. But it is somewhat true: you could consider the lottery as legalized gambling with a 50% tax. For typical states, overall: 50% of revenue is paid back in prizes, 33% goes toward public benefit, and the remainder is overhead and retailer compensation. So if you play a *lot* of the lottery relative to your income, you might be stupid, knowing that this activity has a 50% tax. Or you could ju
Feb 21, 2013, 5:53 pm - Jon D - Lottery Discussion Forum

First to 100 million
Santa Claus is back at the North Pole much to the relief of the MUSL. Both games' jackpots seem to be growing slow and steady. MM rolled over after it's sixth drawing PB is in the spotlight tonight after breaking a bad trend of being won at 50m four consecutive times in December. Do you think any of the current jackpots will swell to 100m? Which of the two games will be the first to make it to 100m? Yes, I am asking for educated guess as no one knows for s
Jan 5, 2013, 11:40 am - Original Bey - Lottery Discussion Forum

When will Military Bases allow Lottery machines?Reply
I think it may be for that vague law. I remember an ARMY SSG won one of the larger jackpots while on vacation in the mid 2000's, he picked up his DD-214 not long after. Over in Korea we also had some of those gambling machines in our local on base pub and it was perfectly legal. I remember some of my fellow soldiers winning up to $200. I think the question to ask is, would it interfere with morale and leadership of the Chain of Command or NCO Support Channel? Would it encourage young soldi
Jan 4, 2013, 1:14 pm - Kumo - Lottery Discussion Forum

1 year of playing Quick Picks (should we quit)Reply
chopperman8238, We have spent about $25,000 dollars on Super/Mega quick picks and have not hit the big one. ________________________________ (Assuming you're talking Mega Millions) Of course you haven't. Two drawings a week, 52 weeks in a year, and 12 to 15 jackpots hit in an average year. Do the math . The assumption that playing, and especially playing heavy, will produce a jackpot is lottery urban legend. Sounds like you're going about $231 a drawing. And since June o
Jun 1, 2012, 3:11 pm - Coin Toss - Lottery Discussion Forum

Anyone else find the jump in MM j/p surprising?Reply
They didn't really lose money, but they didn't make the 50% profit that they normally do. For the last PB run that resulted in a winner at $70 million sales for the first drawing were $32.4 million, not including powerplay sales. Roughly 32% of sales go to the jackpot prize pool. That gave them a bit lerss than $10.4 million in cash for a $40 million annuity jackpot with a cash value of about $24.3 million. If somebody had won the starting jackpot the available funds would have been about $14
Apr 7, 2012, 12:31 am - KY Floyd - Lottery Discussion Forum

Lottery jackpots may get biggerReply
The new minimum jackpot makes only a small difference because almost all jackpots rolled past $40 million with the old minimums. What does make a huge difference is that the jackpot gets twice as much money from each ticket sold, while the odds were only improved by a modest amount. Selling fewer tickets means the jackpot won't grow twice as fast, but since the odds are only slightly better it also means there's almost twice as much chance of a rollover for each drawing. On average they ha
Feb 15, 2012, 2:11 am - KY Floyd - Lottery News

Powerball multi-state lottery to raise prices, jackpotsReply
Seems the same opinion is rampant on this message board... either stop playing or buy less... but only a few have seen the bigger and brighter picture in all this. 1. There are better odds... 2. There will be in my opinion faster and larger jackpots. 3. Possibility of a 400 million plus jackpots. For the people that only play when the jackpot is over 200 million, they are going to play as many lines as they did before because it is in our mind that 20 dollars for 200 plus million
Jan 4, 2012, 8:44 pm - adamc224 - Lottery News