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convicted felons and lottery winningsReply
Someone convicted of a property crime may serve the general good of society by winning the lottery IF he or she manages their affairs properly. They would have so much money they may never commit another crime. In other words, pay them not to steal. The state should set up an annuity for these folks so they won't spend it all at once. Of course, the same could be said for Jack Whitaker and the rest of the winners who squandered their winnings on wine, women and song. Most burglars steal t
Jul 9, 2006, 6:18 pm - orangeman - Lottery Discussion Forum

Had a weird idea about claiming a jackpotReply
When I was online, you weren't, so I figured you went to bed. I've had chronic insomnia for 30 years. Drinking caffeine drinks only exacerbates the problem, unless you want to stay up. Believe me, I understand that problem too. Anyway, I'm sorry if my answer sounded a bit sarcastic. I was just teasing acting silly, which is how I get at 3AM. Here in Florida I'm pretty certain the sole proprietor of any LLC must sign the papers and his/her name is announced in the press release. I don't th
Jul 7, 2006, 1:14 pm - justxploring - Lottery Discussion Forum

Probability of a MegaMillions rollover.Reply
The Megamillions jackpot has rolled over. The cash value is $20.3M. The advertised annuity value is $36M. The average sales for a 4th draw is about $18.0. If this is the number of tickets that sell, then the random propability for numbers of winners is as follows: 090.26% 19.25% 20.47% 30.02% Lottoreport has not yet posted the sales figures for the last drawing, and I will update the long term projection once they have done so.
May 27, 2006, 7:20 am - Prob988 - Jackpot Games Forum

State lotteries and us, the players.Reply
Quote: Originally posted by CASH Only on May 21, 2006Quote: Originally posted by qutgnt on May 16, 2006Of course business run on way better mark up than the lottery does. How much do you think it costs Mcdonalds to make a cup of soda? 5 cents? And they sell it for 30x that. That is the American way. If we stopped playing the lottery, they would give us better payback and options, but since every state every quarter reaps record revenue why would they change? I personally think your odds are 100
May 25, 2006, 8:06 pm - JimmySand9 - Lottery Discussion Forum

Probability of a Rollover in Powerball.Reply
The powerball jackpot has rolled over. The cash value is 8.9 million, 1.2M lower than the MM cash value. The advertised annuity value is $20M. The average number of tickets sold for a second drawing in this matrix is 13.7M. If this is the number of tickets sold in this drawing, the probability for various numbers of winners will be as follows: 091.05% 18.54% 20.40% 30.01% Lottoreport has not posted the sales for the last drawing yet. When they have done so, I wil
May 21, 2006, 10:34 am - Prob988 - Jackpot Games Forum

Probability of a MegaMillions rollover.Reply
The MegaMillions jackpot has rolled over. The cash jackpot is $10.1M. The advertised annuity jackpot is $18M. The average number of tickets sold for 2nd draw sales in $15.9M. If this is how many tickets are sold, the probability distribution for numbers of winners is given in this table: 091.35% 18.27% 20.37% 30.01% Lotteryreport has not updated the sales for the last drawing. I will therefore post the long term probabilities after they become available.
May 20, 2006, 9:15 am - Prob988 - Jackpot Games Forum

Probability of a MegaMillions rollover.Reply
MM has been won. The jackpot is reset at $6.7M cash, 12M annuity. The average 1st draw sells 16.0M tickets. The winner probability distribution is as follows: 091.30% 18.31% 20.38% 30.01%
May 17, 2006, 7:08 am - Prob988 - Jackpot Games Forum

Probability of a MegaMillions rollover.Reply
According to the Illinois website, the MM has rolled. The new annuity jackpot is $80M. The new cash jackpot is not yet available. If we treat this drawing as an 8th round roll, and expect its sales to match the 8th round average of 23.3M, the probability of various numbers of winners will be: 087.58% 111.61% 20.77% 30.03% has not updated the sales figures. The long term projections and other analysis will need to wait until these figures are available.
May 10, 2006, 1:22 am - Prob988 - Jackpot Games Forum

Texas Lottery audit finds security flawsReply
Disaster recovery is a pretty common term in the IT field, and based on the article's emphasis on computer security issues I'm guessing the possible disasters they're thinking about are more along the lines of massive computer problems.A major failure halfway through the sales for an enormous jackpot could cost them millions of dollars and be far more significant than paying out on a bunch of stolen scratchers. Your comments asking what the fuss is about is an excellent example of why
May 7, 2006, 12:31 pm - KY Floyd - Lottery News

Probability of a Rollover in Powerball.Reply
Powerball has rolled. The cash jackpot is $38.3 The annuity jackpot is $85M. Since the matrix change, 8th draws in a series have sold 16.9M tickets on average. If this is how many tickets are sold, the probability of various numbers of winners is as follows: 089.08% 110.30% 20.60% 30.02% The recent sales figures have not been released by lottoreport. When they are available I may update the long term prediction.
May 7, 2006, 12:59 am - Prob988 - Jackpot Games Forum