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Powerball offers 10X multiplier this month

Topic locked. Last post more than one year ago by tnlotto1. 21 comments.

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Posted: April 3, 2007, 1:02 pm - IP Logged Bottom

For the usual powerplay structure the expected payout is 3.5 times the base prize. By swapping a 5x for a 10X the expected payout goes up to 4.125 times the base prize. That means they can expect to  pay out an extra 17.8% in prize money, and if it doesn't increase sales of powerplay enough they'll be losing money compared to the usual powerplay. If the previous try had increased sales by almost enough, I expect they would have tried again much sooner. I'd guess that they're simply hoping that  some of the people who decide to try powerplay because of the  chance for a higher payout will continue when the  payout drops again, and it's unlikely that they'll consider keeping it.

This time they'll keep the feature untli it hits at least once, even if that means going beyond the planned date.

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Posted: April 3, 2007, 1:26 pm - IP Logged Bottom Top

I am not in a Powerball state, so I am unfamilar with the nuances of Powerball, especially Powerplay.  The question I have is about the current 10X multiplier promotion.  For each multiplier there are 4 different chances for each number from 2 through 5, a total of 16 slots for the ball to drop in.  If I understand correctly, for this 10X promotion they took one of the 5x numbers and made it a 10X.  To make it more interesting they should have swapped out a 2X instead of a 5X, granted this could cost them more, but it might just drive more play.

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Posted: April 3, 2007, 5:51 pm - IP Logged Bottom Top

It would be more interesting if they used another ball machine to pick the multiplier. Instead of the current wheel (which I don't really find interesting), pull a blue ball, one each of 2x, 3x, 4x, 5x, and the 10x.

starchild_45's avatar - spherewall2
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Posted: April 4, 2007, 12:02 am - IP Logged Bottom Top

count me in!!!! i am going to idaho and i am going to get me a multidraw powerplay ticket. yes sir i am going to do that. woohoo.

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Posted: April 4, 2007, 1:01 am - IP Logged Bottom Top

Overall payout is 53% during the 10x promotion, but obviously, only if you do the Power Play.

You only need one ticket to win. But you'll win more with one hundred.

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Posted: April 4, 2007, 1:02 am - IP Logged Bottom Top

It would be more interesting if they used another ball machine to pick the multiplier. Instead of the current wheel (which I don't really find interesting), pull a blue ball, one each of 2x, 3x, 4x, 5x, and the 10x.

Not a bad idea. It would probably be more random that way.

You only need one ticket to win. But you'll win more with one hundred.

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Posted: April 4, 2007, 10:23 am - IP Logged Bottom Top

I wonder if they get a drop in PowerPlay around tax time and this is a way to compensate the drop?

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Posted: April 6, 2007, 12:31 am - IP Logged Bottom Top

I played ahead a few Powerplay, just a few because the jackpot reset.

Just so you know.. speaking of Powerball.  there is a 20/20 show Friday (tomorrow) night about the one & only J.W.


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Posted: April 7, 2007, 4:58 pm - IP Logged Bottom Top

Thanks for letting us know about the 20/20 show.  It was very sad what he allowed all that money to do to his family.  Didn't know his beloved granddaughter died.

chasingadream's avatar - Archangel 01
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Posted: April 8, 2007, 3:40 am - IP Logged Bottom Top

I wonder if they get a drop in PowerPlay around tax time and this is a way to compensate the drop?

i wondered the same thing

Oogle  waiting patiently for my jackpot