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International super lottery to create jackpots of $500 million or more

Last post 4 months ago by colthmn. 58 comments.

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Posted: September 12, 2008, 11:00 pm - IP Logged Bottom

I am against any mergings of these multi state lotteries.  If anything I wish some of these states would scale down and disconnect from these multi state lotteries.  Powerball and Megamillions cut into the state jackpots.  Here in CT, the lotto jackpot takes so long to get up to even 2 or 3 million because so many people are playing Powerball.  And on top of that hardly ever is there a Powerball winner from CT.  And it will be worse in January when Florida joins PB.  It will reduce state jackpots in CT and Florida, among other states.

Does anybody really need to win 500 million?  Isn't 5 million enough?  Even after taxes a 5 mill jackpot would still make you a multi- millionaire. Isn't that enough?  Most people playing the lottery are poor(like me) or struggling to stay middle class.  5 mill would be more than enough for me to start living the good life.

SC

I Agree!

And believe most regular lottery players would be more than satisfied winning $5 to $10 million. Most the states selling $20 raffle tickets sold out quickly because there were more chances to win $1 millon.

When Powerball makes their changes in January the overall chance of winning something will be lowered but will still be over 1 winner for every 30 tickets sold. With huge number of possible combination, we won't see many time when 3, 4, or 5 players split a jackpot.

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Posted: September 12, 2008, 11:16 pm - IP Logged Bottom Top

Nonsense.

Can you imagine a terminal for a global lottery at your local neighborhood store next to your national lottery terminal machine because lotteries are that important to survival.

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Posted: September 13, 2008, 3:41 am - IP Logged Bottom Top

this seems to come up every year or two, i wish they would get on with it and stop yapping about it. either give us a world wide lotto. or go away. I dont think it would be that hard to implement, mainly just printing new entry coupons and programming the new game onto the computer.  taxes would be paid on based on the local the ticket was sold.

 

As the article said, people drop the smaller state games for the larger multi state games. Thats the price state lotto pays for getting in on the big draws. Ill take any win i can get, bigger the better.

 

i for one would play, just never expect to win.

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

either i win or i don't

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Posted: September 13, 2008, 7:47 am - IP Logged Bottom Top

I Agree!

And believe most regular lottery players would be more than satisfied winning $5 to $10 million. Most the states selling $20 raffle tickets sold out quickly because there were more chances to win $1 millon.

When Powerball makes their changes in January the overall chance of winning something will be lowered but will still be over 1 winner for every 30 tickets sold. With huge number of possible combination, we won't see many time when 3, 4, or 5 players split a jackpot.

Stack,

I agree with you about the raffles.  I wish CT would have a raffle, so I wouldn't have to travel out of state to play one.  I would be plenty happy just winning 1 mill, plus with the raffles you know when the numbers are drawn there will be a certain number of jackpot winners, unlike a lotto game that could drag on for months with no jackpot winner.

 

SC

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Posted: September 13, 2008, 9:51 am - IP Logged Bottom Top

The odds against hitting the jp on something that is designed to produce those size jps is going to stagger the players when they finally see it.   Personally, I wouldn't bother playing.  Five hundred million is way, way WAY more than anyone needs anyway.

Life is short.  So PAY ATTENTION  !

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Posted: September 13, 2008, 10:29 am - IP Logged Bottom Top

When MegaMillions and PowerBall made their last matrix changes, there were talk of a possible $500M jackpot but it never happened.  I'm sure when PB changes its matrix again in January, there will such talks again.  There would be no advantage for any state to join an international game as long as PB and MM are available.

The problem is jackpots have to start out small because no state or country is going to contribute more to the jackpot then they can recover in tickets sales for each drawing and the odds of winning something have to be good enough to attract players while the jackpot is small so it's unlikely this game would be much different then what is already available in the states.

* Trying is the first step toward failure *
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Posted: September 13, 2008, 10:40 am - IP Logged Bottom Top

I agree with RJOh.

I also think this will create a lot more lottery scams.

It's Lotto, not horseshoes or artillery!
close doesn't count!

I sell everything at a loss but make up for it in volume
- Milo Minderbinder, Catch-22

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Posted: September 13, 2008, 11:27 am - IP Logged Bottom Top

Stack,

I agree with you about the raffles.  I wish CT would have a raffle, so I wouldn't have to travel out of state to play one.  I would be plenty happy just winning 1 mill, plus with the raffles you know when the numbers are drawn there will be a certain number of jackpot winners, unlike a lotto game that could drag on for months with no jackpot winner.

 

SC

A $20 raffle ticket gives us 1 chance to win one of the five or six $1 million prizes and for the same $20 we can get twenty chances to win one multi-million dollar prize playing a jackpot game. The difference with raffle games is that five or six tickets are guaranteed to win and there is a chance in jackpot games that no ticket will have the winning numbers.

There are pros and cons for both, but it really comes down to player preference of which is the better bet.

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Posted: September 13, 2008, 1:54 pm - IP Logged Bottom Top

I don't agree that Gail Howard books help people win; they have wheels that get you to play multiple tickets which would increase your odds anyway even if they were multiple QP instead. I think one suggestion in the booklet said to "hang around lucky people" and that one method would guarantee you would win something but it required that you matched the Bonus Ball and not giving any help on how to match it.

I would play a "World" Lottery if it paid me in $ and not Stonesylvanian Krupeks or Ameros and hopefully the HQ or claim center is here and not Upper Slobovia. Headline: "World Lottery Winner dies after being bitten by tsetse fly while claiming winnings at World Lotto HQ in..."

Anyway, we had Mega 390M not too long ago. I wonder where the taxes are paid to, The Global Community?

I would guess the terminal could be the same one the store already uses but depends on what the matrix is. Betslips are running out of room, soon they will be the size of tablecloths to accommodate all the extra numbers! They don't say how much 1 ticket is? Say it is $1, the pot is $500M, then probably the odds are "only" 4 or 5 times that of PB or MM, but that will be pushing 1 billion to one! Due to space constraints on betslips I would think to have 6 or 7 white balls and the usual 1 or even 2 bonus ball(s). One thing they really must do is with those odds there has to be a reasonable chance to win smaller prizes even matching 2 numbers or charge more per ticket. Also I will assume they are not stupid enough to have this be computerized!

And yes the PB and MM should merge (as Powerball I would hope) because I'm tired of spending $ to go to PA to play PB. The only catch is if they merge they might significantly raise the matrix or else the jackpots will never get far past $100M.

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Posted: September 13, 2008, 1:55 pm - IP Logged Bottom Top

A $20 raffle ticket gives us 1 chance to win one of the five or six $1 million prizes and for the same $20 we can get twenty chances to win one multi-million dollar prize playing a jackpot game. The difference with raffle games is that five or six tickets are guaranteed to win and there is a chance in jackpot games that no ticket will have the winning numbers.

There are pros and cons for both, but it really comes down to player preference of which is the better bet.

When a state has a raffle for several $1M prizes, they are putting out the money up front and gambling that they will recover their money and make a profit on ticket sales.  I can't see any group ever putting up a $500M jackpot and gambling they will sell enough tickets to cover the prize and make a profit too.

* Trying is the first step toward failure *
homer J. Simpson