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Rollover probabilities for Powerball at $400M annuity.Reply
I use the simple approach by projecting the number of five number matches. It should require about $206 million in sales to produce 20 five number matches. Based on sales from past jackpots of this size, the total ticket sales could reach $250 million and around 25 five number matches. With each of them having a 1 in 35 chance of matching the bonus number, the chances of the jackpot being won should be over 50%. Based on projected sales of $145.6 million, there is less than a 50% chance. I'm
Sep 16, 2013, 10:44 pm - Stack47 - Jackpot Games Forum

Rollover probabilities for Powerball at $400M annuity.Reply
There is no mathematically legitimate way to declare the expectation value as undefined because the odds are large. I didn't say the EV was undefined. As I said in my original reply: The EV for the PB/MM return is 0.5 and does not change. You wanna talk about the return for a single draw, that is one thing, but that is not the same as the EV for the game. The odds and prize share percentage do not change, and the rollovers and variable jackpots are just part of the game and the long term aver
Sep 16, 2013, 10:05 pm - Jon D - Jackpot Games Forum

Why would MM risk losing people/money with new matrix?Reply
PB started by raising the odds to about 1 in 210 million and keeping the price at $1. The results apparently made then unhappy, because it wasn't long before they reduced the odds to 1 in 175 million, but doubled the ticket price to $2. I can only assume that the people making decisons at MM are morons, since they've got a game that is selling poorly compared to PB and they're raisng the ods even more than PB did in what was apparently an unsuccessful effort to fix a game that wasn't really b
Sep 10, 2013, 12:02 pm - KY Floyd - Lottery Discussion Forum

Why would MM risk losing people/money with new matrix?Reply
I read an article awhile back that normal player numbers a very low until jackpots get up into the 100 millions. Once they start getting up around 300 400 million player numbers go thru the roof. When Powerball and Mega millions Jackpot went over $500,000,000 people were lined up for hours for a chance to buy tickets, and some of those people were spending thousands of dollars for a chance to win such a large jackpot. If Mega Millions new matrix (256,000,000/1) causes the jackpot to go up to $1,
Sep 8, 2013, 4:44 pm - TooTallLuke - Lottery Discussion Forum

Take5 NYReply
I only need one. 6 10 11 19. Tear it apart!!! I dont mind the constructive criticism. We are not winning enough Jackpots fast enough anyway! If you have the gumption to do a jackpot buster wheel then go for it. I am kinda too scared to try . Besides, slow and steady wins the race JACKPOT.. GL
Sep 6, 2013, 6:25 pm - LottoBoner - Pick 5 Forum

Do some people not care how much they spend on lottery and feel it will be worth it if you win?Reply
What you so very expertly described in your second paragraph is called coverage by lottery officials. If 50% of all the possible 175 million combinations have been purchased ( covered ), then there's a 50% chance someone will win the jackpot. With most drawings, coverage is far less than 50%, that's why jackpots aren't won and grow. There's an online game here in New York that The Lottery freely admits has a coverage problem . Very rarely is a jackpot won. Although the odds of winning one
Sep 5, 2013, 6:15 am - GiveFive - Lottery Discussion Forum

This Should Be a Lesson to People That Spent Over $1000 PlayingReply
I've never understood the logic behind players spending hundreds of dollars on tickets. When I was growing up, my mother use to tell me that she only bought one ticket per drawing, and her reasoning was that her one ticket has just as much a chance to win then the person who bought a hundred. As I got older, I now understand what she meant. With the odds for powerball at 1 and 175 million and Mega Millions being the same, if people really thought about the impossible odds of winning, they would
Sep 2, 2013, 4:29 pm - Goteki54 - Jackpot Games Forum

Lottery tickets are bearer documentsReply
With all the stories about clerks cheating players, one of them probably did try to cash a ticket signed by someone else. We're applying bearer instrument to large jackpots that may require more scrutiny, but lots of tickets under $5000 are cashed every day. Some winners purchased the ticket, won and signed the back and in some cases a judge decided who is the lawful winner. There are court cases involving discarded tickets too. The bearer of the ticket is not always the lawful owner and some
Aug 28, 2013, 1:50 pm - Stack47 - Lottery Discussion Forum

Lottery Players Are Spending $100 Per Day Playing The Lottery $365,000 In 10 Years.Reply
Spending or going through on average $100 a day is not the same as losing $100 a day for a scratch-off player. Depending on the ticket denomination and how much the smaller wins pay, a player could go through hundreds of tickets before losing $100. Lustig probably averaged $100 a day using his winnings from his first jackpot trying to hit the second. Only he knows how much he spent to win all his jackpots. I'm assuming a $100 a day drawn game player has some type of a system where on average
Aug 26, 2013, 9:36 pm - Stack47 - Lottery Discussion Forum

Nc Cash 5 Thread 8/1 - 8/31/13Reply
Np, thx to ya'll! Watch for the 20s and singles group tonight. Most of the time, jackpots are won with higher sum totals of the combination. On avg, combinations that win most of the time are total sums 75 - 150( I think). Also... Dr.Miracle's 2-9-7/ 3-5-8 strategy is very good for the winning combos in NC's Cash5 too.
Aug 25, 2013, 7:10 pm - mrlotto-nc - Pick 5 Forum