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Powerball multi-state lottery game to change rules

Last post 2 months ago by mymonthlypicks. 73 comments.

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Posted: August 13, 2008, 1:52 am - IP Logged Bottom

Did some calculations, and I've estimated that the lower tier payouts (save for the $1,000,000 match 5 w/PP) will remain the same, as well as the odds for each of the Powerplay numbers.

As for the jackpot odds, I think 1 in 200,000,000 is a bit too much, though I suppose it was inevitable, with or without Florida.

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

RJOh's avatar - chipmunk
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Posted: August 13, 2008, 2:21 am - IP Logged Bottom Top

I agree it's insane, but it was at 1 in 147M.   I mean, how many times has anyone here won a pick-5 game with odds of 1 in 377k?   

Can someone please tell me what the odds of getting the 5 balls will be?  Should be around 1 in 5.1M, right?  If that's the case, the MM game in FL has a lot better odds.  It's a 4 of 44 and 1 of 22 (MB) game. 

Think PB is shooting itself in the foot.  When people can't even come close to winning the FL Lotto with odds of "only" 1 in 23M, I don't see how they can expect to win PB.  I think increasing the 5/5 prize is a good idea...but 59 numbers?  Yikes!  I just don't see this game being a big hit here in FL, but we can only wait & see.

 MATCH    ODDS
  5/5+B   1 : 195249054
  5/5     1 : 5138133
  4/5+B   1 : 723145
  4/5     1 : 19030
  3/5+B   1 : 13644
  3/5     1 : 359
  2/5+B   1 : 787
  1/5+B   1 : 123
  0/5+B   1 : 62
 ___________________________
 overall odds are 1 : 35.1

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Posted: August 13, 2008, 2:31 am - IP Logged Bottom Top

+1

Looks like the number of games I play per drawing will be about half of what they currently are.

But folks, you see: MOST folks that play the game do NOT know the true odds, so those types will continue to play it as they always have.

I will say I am going from $10 per drawing to $5, MAYBE to $3.

They are taking away 3 red balls - BIG DEAL - those number rarely hit now as it is. (just watch - NOW they will catch on fire)

"But folks, you see: MOST folks that play the game do NOT know the true odds, so those types will continue to play it as they always have."

True. In fact, the more 'clever' players get fed up and quit the game, the better profits for the game.

The more people got good at 'card counting', the more decks were added.

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Posted: August 13, 2008, 2:54 am - IP Logged Bottom Top

it says guranteed power play of 5x, does that mean you have to pay the $2 a game to get the guarnteed 5x?  seems an awful lot of

$1 extra fees to fund this generous bonus? but what everyone already plays the power play?

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

either i win or i don't

justxploring's avatar - villiarna
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Posted: August 13, 2008, 4:21 am - IP Logged Bottom Top

it says guranteed power play of 5x, does that mean you have to pay the $2 a game to get the guarnteed 5x?  seems an awful lot of

$1 extra fees to fund this generous bonus? but what everyone already plays the power play?

Yes, but by doing this, they will probably market it as getting 2 games in one.  You are now paying $1 for a shot at the PB jackpot and another $1 for a shot at $1 million.   Otherwise, you will only get $200,000 if you get 5 numbers.  However, if the odds of getting the 5 numbers are 1 in 5.1M then they're not very good IMO but it's a way to generate more money. 

Any other comments on this?  I might be wrong, but the way I read it, $1 buys one PB ticket and a chance to win the lower prizes, but not with the powerplay.   $2 gets you one PB ticket with a chance to win a million if you get the 5 white balls.

Does Powerplay have any effect on the other prizes, like 4 of 5 or 3 of 5, etc.?  If so, will there still be a Powerplay spin for those prizes or will they also be multiplied by 5?

EDIT:  Just read the article again.  Got my answer.

(Power Play is only guaranteed to be 5X for the second prize tier; for all other prizes it continues to be a random number between 2X and 5X.)

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Posted: August 13, 2008, 4:21 am - IP Logged Bottom Top

Ouch, I knew they were going to mess with the matrices with the addition of Florida, but I didn't think they'd go that nuts with making the odds of winning the jackpot that much worse. That's over a 33% increase which is no way reflective of how many additional players they'll be getting in Florida.

It's kind of messed up that Mega Millions will have better odds when these changes go into effect (if MM doesn't change theirs) and still will have a much larger total population to work with even with Florida joining Powerball. Though it'll still be bringing in much larger jackpots, that's for sure.

With odds like 1 in 175,711,536 how can I lose?!

You can't predict random.

konane's avatar - wallace
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Posted: August 13, 2008, 6:57 am - IP Logged Bottom Top

They tell us what we want to hear.

They tend to screw us like this when a new state is joinning. Meanwhile they are making the game more impossible.

I don't buy that crap that if Florida joins, the jackpot would be won more often.

It is the same crap, there would be more losers - which by the way is what we do more often.

Sounds to me like a mining truck or "road-pan" overflowing with it.

Lotteries becoming more like banks and government ..... take everything ..... toss out a crumb or two.

    Be$$$$$t of luck to everyone!!!                     

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Posted: August 13, 2008, 9:55 am - IP Logged Bottom Top

I get why they can technically say they are only adding one more ball to the drum, but they are adding 4 more balls to the drum for the white balls.  I don't care that they reduce the red balls.  Like guesser said, those balls hardly ever come out anyway.  It's the four other balls in the white ball drum I am hating.  That vented, I am excited to hear about the change with the 5x for the second tier prize.  Makes buying the powerplay option a little more tempting to me.  Okay, very tempting.  I also like that they up'd the jackpot size increase percentages.  And the minimum jackpot to 20 million is a great idea., considering the economy.

Let it snow! Let it snow! Let it snow!

Happy New Year Everyone!

(It's my favorite time of the year now.)

violet lotus (winner winner)

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Posted: August 13, 2008, 12:28 pm - IP Logged Bottom Top

On a positive note,       We'll get some Brand New Play-slips, wi th new ink,  rather than those faded old playslips I've been seeing lately.

      I wonder if they'l get all new Ball Sets ...or add brand new balls to the slightly used balls?

      Also,  I wonder if the Jan. 3rd drawing will be in Fla.?     

 I guess after the Dec. 31st drawing,  I'll be ripping down some wall charts,  and getting a new start.

        I hope the stores get the right stuff to be in time for the first draw.   

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Posted: August 13, 2008, 1:32 pm - IP Logged Bottom Top

I'm just bummed I have to erase all of my drawing history in January.