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Multi-state lottery jackpots grow to combined $738 millionReply
Goes to show the Powerball $2 base price, despite all the negatives, does help grow jackpots quicker than MM. Rollovers are growing slower than they used to, regardless. Be interesting to see how MM doubled to $2 does. A risk, though albeit small, after the matrix change, is MM is frequently hit at or near the base jackpot amount causing losses. Though, again, highly unlikely. But it would serve the lottery consortium right for giving players even less hope of winning anything. Anyways, main
Aug 11, 2017, 8:32 pm - Ron5995 - Lottery News

DO YOU PLAY THE LOTTERY $$ hoping to win a JACKPOT?Reply
I agree about the jackpot size hype especially considering the odds against winning the jackpot are exactly the same as they were in the last 29 MM drawings when nobody hit the jackpot. But jackpots are approaching levels where lots more tickets will be sold and more likely the jackpot will be hit. There were no PB winners in the last 17 drawings so if those who play hoping to win a jackpot there was no chance in the last 29 MM drawings and 17 PB drawings. IMO if people play hoping to win the
Aug 11, 2017, 1:16 pm - Stack47 - Lottery Discussion Forum

$650 million in lottery jackpots up for grabs this weekReply
Don't believe everything you read. The article got it right. The earlier post not so much. MM reached $540 million and was won on 7/8/16. The PB jackpot for 7/9/16 was $288 million. The last time I checked the 9th was after the 8th, so the PB jackpot didn't pass the $300 million mark until MM was won and dropped back to $15 million. Probability says that PB should have rolled tonight, so if that's the news we get shortly this will be the first time that both jackpots were over $350 million
Aug 10, 2017, 12:36 am - KY Floyd - Lottery News

Mega Billions?Reply
Back when the odds of winning were 1 in 175 million MM sold enough tickets without producing a winner to generate a cash jackpot of $474 million. The probability of that happening was the sae as the probability of selling enough tickets without a winner to generate a cash jackpot of $698 million with the current odds of 1 in 258 million. Based on the current cash/annuity ratio a cash value of $698 million would be advertised as $1.13 billion, so it's clearly possible that MM could reach $1 billi
Aug 1, 2017, 3:15 am - KY Floyd - Jackpot Games Forum

Greatest Combined PB/MM Jackpot?Reply
I think he means two high jackpots at the same time as opposed to the Jan 2016 PB jackpot of 1.6 billion which skews the stats. The MM jackpot was $165 M the day before the billion dollar PB jackpot was won. The best way to check, soviet, is to use the TX lottery site. The jackpot amounts are easy to scroll thru and compare. And the MM jackpot goes up another $20 M if it rolls tonight for a grand total of $282 M on Friday night.
Jul 25, 2017, 2:47 pm - Redd55 - Jackpot Games Forum

Man sues California Lottery for not honoring winning $5M Scratcher ticketReply
There have been many instances of casinos not paying out jackpots to minors (age 18 - 21 depending on jurisdiction). So this is not unprecedented. However, for the CA lottery to do this, especially given the specific circumstances, seems foolish in the long run. Whether CA Lottery will lose many millions in sales is debatable, but potentially could. Personally, if I was in California I'd be leery of buying lottery tickets (buying less, at least for awhile; avoiding large payout games) knowing
Jul 21, 2017, 8:15 pm - Ron5995 - Lottery News

Flashback: Winners are drawn in New York state's first lottery in 1967Reply
Congratulations to the New York Lottery and the players. Two notables are Curtis Sharp and Lou Eisenberg. They won in 1981. $5,000,000 each. I am amazed at how grateful the winners were back in the late '60s and the '70s when they won jackpots of less than a million dollars. Now they turn their noses up at tens and hundreds of millions of dollars. I know, it is the odds today.
Jul 19, 2017, 3:22 pm - music* - Lottery News

Florida Scratch Offs - Post Pictures if posibleReply
Well, that's the typical return on a $5 game. Book buying usually almost always guarantees a loss. But when there's only about 1,000 books left on a game with outstanding jackpots, a person is playing for a chance to win the big one. Sure, a profitable book would be nice here or there on that search. I still have yet to win a $100 prize or higher on the $5 Cash Fall game...
Jul 16, 2017, 3:01 pm - Dracos - Instant ("Scratch-Off") Games Forum

Illinois lost $4 million by halting Powerball, Mega Millions salesNews Story
llinois lost nearly $4 million by shutting down Powerball and Mega Millions ticket sales because of the state budget impasse, a lottery official said Friday. Lottery chief of staff Jayme Odom said the state lost about $2.4 million in revenue from Powerball and $1.5 million from Mega Millions during the ticket-sales hiatus. She said it's unclear whether sales have recovered since they were reintroduced Thursday night. Late last month, the lottery announced it would halt sales of Powerball a
Jul 10, 2017, 8:40 am - Todd - Lottery News

Mathematics and the LotteryReply
The great thing about the mega jackpots is nobody can understand the odds. Yet people still play the number. Those odds are easy to figure. It is unlikely that the odds on the mega lotteries are better. A fair bet returns money in the same proportion as the odds of winning. If you match coins, each of you have a 50:50 chance of winning. Winner gets 2, loser gets 0. So if the number were fair, there are 1,000 combinations, so it should pay the winner $1,000. Instead it pays $500. The
Jul 5, 2017, 5:14 am - alec33 - Mathematics Forum