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Company proposes new pooling lottery ticket to fight 'jackpot fatigue'

Topic locked. Last post more than one year ago by CASH Only. 13 comments.

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United States
Member #119
February 19, 2002
489 Posts
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Posted: February 11, 2007, 9:29 pm - IP Logged Bottom

Jackpot Fatigue is caused by one problem only: Jackpot games that have impossible odds such as PowerRip and MegaRip.

Change the number field, even if it means playing for $5,000,000 per drawing and you will draw players.

"If you lower the number field, the players will purchase tickets." - from Number Field of Dreams

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April 11, 2006
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Posted: February 12, 2007, 6:06 pm - IP Logged Bottom Top

this is a good plan , but here in sth oz we've been able to do this sort of thingsince the new terminals where installed.

 

u know how some stores run syndicates, well the terminall produces a syndicate of any size u like it to.

and as ea player joins they print a shared ticket.

 

ea player gets their own sydicated ticket, and its worth their share of the syndicate.

 

ie if it was a $100 entry and 10 people where in hed pay $10 and have a 1/10th prize

 

he dont even meet the other players, and his ticket, when claimed will pay up 1/10th of the syndicates wins.

 

the more i hear about usa ran lotteries, apart from the prizes,  the less i like how they are run.

i look at all lotteries as a  50-50  chance,

either i win or i don't

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Knoxville
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April 7, 2005
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Posted: February 13, 2007, 2:43 pm - IP Logged Bottom Top

I wrote to all of the powerball state lottery representatives and warned them about this problem when they raised the powerball odds from an astronomical 120million to 1 to the statistically impossible 145million to 1.  When the odds are raised people expect higher jackpots and when it takes forever for the pot to build up to the expected level, then sales are going to drop.  The pool solution is something I would never participate in simply because it's another hand in the player's money.  My solution is to give players more options.  Have a powerball game and a mini-powerball game.  Give me the option to play a 30million to 1 game or a 100million to game and I guarantee I will be buying more tickets.  Right now, I wait on the powerball to reach $100 million before buying tickets and that takes about a month.  I am definitely buying less tickets since I see the odds as being so long now that I need a huge payout to justify a purchase coupled with the fact that it takes forever for the pot to get to that level.  Essentially, buzz is created when the number of tickets sold nears or exceeds the odds of winning.  They need to lower the odds to restore faith or create a lower odds option for the players.


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June 5, 2002
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Posted: February 15, 2007, 10:42 am - IP Logged Bottom Top

I wrote to all of the powerball state lottery representatives and warned them about this problem when they raised the powerball odds from an astronomical 120million to 1 to the statistically impossible 145million to 1.  When the odds are raised people expect higher jackpots and when it takes forever for the pot to build up to the expected level, then sales are going to drop.  The pool solution is something I would never participate in simply because it's another hand in the player's money.  My solution is to give players more options.  Have a powerball game and a mini-powerball game.  Give me the option to play a 30million to 1 game or a 100million to game and I guarantee I will be buying more tickets.  Right now, I wait on the powerball to reach $100 million before buying tickets and that takes about a month.  I am definitely buying less tickets since I see the odds as being so long now that I need a huge payout to justify a purchase coupled with the fact that it takes forever for the pot to get to that level.  Essentially, buzz is created when the number of tickets sold nears or exceeds the odds of winning.  They need to lower the odds to restore faith or create a lower odds option for the players.

Petition Tennesee/North Carolina to join MUSL Hot Lotto. If it comes to either state, the jackpot probably would have longer odds by then.