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Streak of jackpot winners is bad luck for Powerball lottery sales

Topic closed. 39 replies. Last post 5 years ago by CASH Only.

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DoctorEw220's avatar - alien helmet
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Posted: March 17, 2005, 12:32 am - IP Logged

well who would have thought that it would be hit again.



Todd: Can we do a petition to get the powerball jackpot and matrix raised?

NEW DOMAIN NAME for my website.  Go to www.dr-ew.com.  There's still some funny stuff there, and I paid good money for the domain name.

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Posted: March 17, 2005, 1:18 am - IP Logged

 

 Right now Powerball is the YUGO of Lotteries

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Posted: March 17, 2005, 7:20 am - IP Logged



the goal of the people who run these games is to generate higher sales through more people playing for a higher jackpot. the goal of real lottery players is to win enough money to get out of the rat race. these

two goals have nothing to do with one another.



hitchaser...

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Posted: March 17, 2005, 9:03 am - IP Logged

 

  Hello everyone,

  My name is Arthur and Im from De. Just sign to your little group. How about we all move to Pa it seems that  they are getting all the winning powerball numbers

dvdiva's avatar - 8ball
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Posted: March 17, 2005, 9:33 am - IP Logged

Wow it was hit yet again. 120 million to one seems really high odds for a 10 million jackpot game.

BabyJC's avatar - Lottery 031
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Posted: March 17, 2005, 10:45 am - IP Logged

I just moved to NH a few months ago and find it ironic that the jackpots have all been low/not exciting!  When I did not live here, they were always high and I had to travel far to buy tickets.  It's aggravating!

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Posted: March 17, 2005, 12:32 pm - IP Logged

 Wow it was hit yet again. 120 million to one seems really high odds for a 10 million jackpot game.

Guys looks like we'll have to wait until the last two quarters for a large jackpot. That always seems to be when they are largest.

Maverick's avatar - yinyang
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Posted: March 17, 2005, 1:31 pm - IP Logged

tg636: & streaks of both winning and not winning go with the territory& the states make money on even the lowest of jackpots.


Todd: Sure, they make money, but less than what big multi-state games are supposed to make& for a lotto game that has frequent winners, that's what your state's Pick 6 game is for. The big multi-state games are there to have big rollovers and big jackpots.


I agree with tg636. On the other hand I also understand Todd's point, which is correct according to what a game like PB is supposed to be.


Personally, I still find it ironic that some people get disappointed when there are no "big" jackpots, as if it's so easy for them to win. But as long as they play what they can afford, everything should be okay.

JimmySand9's avatar - lottogeekbm8
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Posted: March 17, 2005, 3:16 pm - IP Logged
Quote: Originally posted by markp1950 on March 16, 2005

I have the choice of playing many games right now....

(near the Wis-Illinois border)



Wis Megabucks..... $2.1 Million    1:7Mill odds

Powerball................ $18 Million    1:120 Million odds

Mega Millions.......... $36 Million    1:135 Mill odds...



And now



Illinois Lotto ........... $25 Million.... 1:10 million odds....



It makes Illinois Lotto 15x Better than Powerball and last week when Powerball was smaller Illinois Lotto was somthing like 27x plus better than powerball....



I did put a couple of bucks on the other games, but I dropped $20 bucks this week on Ill Lotto.....



The simple formula I use is that I take the cash amount and divide it by the odds...



The numbers for tonight...

It's not exact but gives a good guide.....



#1 Illinois lotto= 1.2525

#2 Wis Supercash= .2567      (pays nothing for 2 or 3 matches but everybody gets $250k)

#3 Illinois Little Lotto= .1737    (pays on 2 matches)

#4 Wis Megabucks= .1652    (sits at 1 mil for a month before increasing)

#5 Mega Millions=.1554

#6 Wis Badger 5= .0942 (was #2 last night) (pays on 2 matches)

#7 Powerball=   .0830



I created a spreadsheet that gives me all the data on these lottos...

Watching them on a daily basis becomes interesting...



MarkP






Wow! That's my kind of system. We ought to post that like we post the jackpots. And if the game costs $2, just double the odds per dollar.
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Posted: March 17, 2005, 4:06 pm - IP Logged

i quit playing powerball two months ago....

LOTTOMIKE's avatar - treasury 4
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Posted: March 17, 2005, 4:15 pm - IP Logged

i agree with rick g the pick 5 is way easier and to me its more fun to play.......

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Posted: March 17, 2005, 4:43 pm - IP Logged
Quote: Originally posted by Maverick on March 17, 2005



Personally, I still find it ironic that some people get disappointed when there are no "big" jackpots, as if it's so easy for them to win. But as long as they play what they can afford, everything should be okay.





 I am with you on that Maverick I just don't see it. But it looks as if I am going to have to change my thinking a little. Someone stated over in the Mega Million thread on this same subject that they will continue to play because the odds are against them winning and they only play three dollars so it does not matter if it is 1 billion to 1 if it is to be you ----it will.

 This got me to thinking I too only play a few dollars per draw and only when it is below the 100 million mark once it goes over that I stop until that run is over. I don't care for the feeding frenzy that is involved once it gets over that mark. Plus I just would not care to be under a media microscope if one does hit it big. Money does strange things to people Jack Whitaker might have had all the same problems he has had but we would not have known them if not for the fact that he won a huge lotto. I don't need a big win my needs and wants are small and simple. This does not mean that I would not like to win but just enough to purchase a small but comfortable home in a warmer climate and to keep the wolf away from the door. So a simple 5 million cash payout would be more than fine.

 I do understand why the Multi lottery States want bigger JP's it generates money The bigger the JP the more players. Not us who might play on a regular basis but those who play only when it gets big. I have an friend who will only play when it goes over 100 mil but he goes nuts and puts down big money the larger the prize the more he puts in. Problem is once it is hit he goes into a big depression for a couple of weeks after moaning why wasn't it him after all he spent all this money.

 Will I ever win I doubt it I have been playing for 23 years now and other than a few mini wins nothing. Has it been fun you bet! the fun part is the dream we all have of getting that brass ring

Maverick's avatar - yinyang
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Posted: March 17, 2005, 6:54 pm - IP Logged
Quote: Originally posted by LOTTOMIKE on March 17, 2005



i quit playing powerball two months ago....





I quit playing Mega Millions recently also. Is this a new Gail Howard technique? Perhaps the trend is your friend?
DoctorEw220's avatar - alien helmet
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Posted: March 18, 2005, 11:10 pm - IP Logged

i'd give it a few months and powerball will be having $100 million+ jackpots again. this trend it going to stop sooner or later.

NEW DOMAIN NAME for my website.  Go to www.dr-ew.com.  There's still some funny stuff there, and I paid good money for the domain name.

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Posted: March 18, 2005, 11:42 pm - IP Logged

What I'm interested to know is if the winners had QPs or picked their own numbers. Does the PB/MUSL Web site provide that information? I don't recall seeing it there.

WWS


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