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Higher jackpots or better odds?
If more states were added to Lucky for Life they would increase the numbers and make it more difficult to win. It is set up for multiple winners the way it is.
Jul 10, 2016, 5:48 am - zephbe - Lottery Discussion Forum
The (next) BILLION $ question:
With the Mega Millions jackpot at half a billion dollars it is finally attracting attention and growing. The most recent jackpot increase was 19% over last draw. Powerball's most recent increase over last draw was 12%. Based on the current MM jackpot amount, if it were to continue to roll, it should easily reach one billion before the PB jackpot would. However, if given jackpots of equivelant levels it appears PB edges MM in jackpot increases.
Current runs;
MM Jackpot (in millions) Jackpo
Jul 8, 2016, 4:22 pm - realtorjim - Jackpot Games Forum
Megamillions just climbed up to $454
A 5 million dollar increase though isn't much at this level. I think sales are still too low for there to be more than one winner if at all tonight.
Jul 5, 2016, 2:16 pm - Kingofearth - Jackpot Games Forum
$390 MILLION: Huge Mega Millions jackpot up for grabs tonight
It rolled over to 415 million which is only 25 a million increase. Compared to previous roll overs when the jackpot reached this range, that is pathetic.
Jun 29, 2016, 8:14 am - Redd55 - Lottery News
Why are American lotteries rigged?
It's not that it's rigged, they just had to make it extremely hard to win or else both games were going to be bankrupted. They tweaked the matrixes several time to increase the odds astronomically to make it extremely hard. Ten years ago it was WAY TOO EASY to win both games. I even have confirmation from a 2004 Mega Millions winner from Illinois that it was way too easy for them to win.
Jun 28, 2016, 9:11 am - jjtheprince - Lottery Discussion Forum
Online sales fuel increase in Michigan Lottery revenue
Since it began in Michigan last Thanksgiving, Internet lottery sales have mushroomed along with the number of players using their smartphones and personal computers to play.
In November 2015, the State Lottery Bureau, without fanfare, moved into the Internet gaming market, making it easier for players to bet from home instead of driving to the nearest lottery store to place a wager.
At the outset there were about 86,000 players who registered with the state for the Internet games.
The n
Jun 21, 2016, 2:09 pm - Todd - Lottery News
Mega Millions ponderously reaches $280 million
It should be the huge prize that gets people to buy tickets but the odds deter them from buying more. The pools have changed too many times to increase jackpots ,as a result many people don't bother to buy a ticket.
Jun 9, 2016, 12:30 pm - lakerben - Lottery News
Anyone else notice this about Mega Millions
I wasn't referring to all of the cash in the current jackpot just the previous increase. An annuity valued at $9 million with a cash value of $10.8 million would require a negative interest rate. Simply put, your cash investment of $10.8 million would give you an annuity with a value of $9 million.
Jun 9, 2016, 12:27 pm - Drenick1 - Lottery Discussion Forum
Anyone else notice this about Mega Millions
The logical reason is that the interest rate applies to all of the cash, not just the increase since the previous drawing. You can see that in this table of PB values: http://www.txlottery.org/export/sites/lottery/Documents/jackpotestimates/pb20160608.pdf The advertised annuity is always the total cash value multiplied by the rate for that drawing (with a minor amount of rounding).
Jun 9, 2016, 1:53 am - KY Floyd - Lottery Discussion Forum
Anyone else notice this about Mega Millions
Nope. We're still in anomaly territory. Maybe we could chalk up the $9M as a fluke, but a $20M rollover at this stage with a jackpot that also has a correspondingly high cash value, is still really low. Unexplainably low. Maybe people started looking at the odds because we have reduced sales in MUSL lotteries but an increase in sales for scratchoffs.
Jun 8, 2016, 2:51 am - Teddi - Lottery Discussion Forum
