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$205 MILLION: Powerball lottery jackpot surges

Topic closed. 59 replies. Last post 1 year ago by Cletu$2.

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haymaker's avatar - Lottery-012.jpg
egg harbor twp.south jersey shore
United States
Member #112990
June 29, 2011
2629 Posts
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Posted: June 7, 2012, 6:25 pm - IP Logged

I don't have a ticket, it would put me over budget,

but if i have a $3 win on my PIC6 i could get in sat.

Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

    kalikgirl's avatar - Lottery-062.jpg
    FREEPORT
    Bahamas
    Member #56116
    October 12, 2007
    37 Posts
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    Posted: June 7, 2012, 7:58 pm - IP Logged

    you poor Dear!. tht 205 million will come handy

    KALIKGIRL

      topnail's avatar - Lottery-021.jpg
      Boise
      United States
      Member #127194
      April 25, 2012
      386 Posts
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      Posted: June 7, 2012, 9:30 pm - IP Logged

      who will be the lucky one !

      goodluck every one in it to take home the bigie

        maximumfun's avatar - Lottery-064.jpg

        United States
        Member #124626
        March 16, 2012
        1457 Posts
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        Posted: June 7, 2012, 11:19 pm - IP Logged

        who will be the lucky one !

        goodluck every one in it to take home the bigie

        **waving arm wildly from back of room**

        ME ME!!!

          Boney526's avatar - NjlpLogo
          New Jersey
          United States
          Member #99062
          October 18, 2010
          1439 Posts
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          Posted: June 7, 2012, 11:23 pm - IP Logged

          Not yet for me.  When it hits 400 million, if my states Pick 6 is won by then, I'll buy a ticket.

            rdgrnr's avatar - walt
            Ridge Runner - Oracle of the Appalachians
            Way back up in them dadgum hills, son!
            United States
            Member #74415
            April 28, 2009
            12616 Posts
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            Posted: June 7, 2012, 11:36 pm - IP Logged

            $205 Million?

            Laydeez an' jentamins...

            It's Hammer Time.

            .
                                                       
                               

             

             

            “Let us disappoint the men who are raising themselves upon the ruin of this Country.”

            -- John Adams                                           

             

             

             

             

                                                                                                        
                                         

              Guru101's avatar - rw6jhh
              Indiana
              United States
              Member #49185
              January 7, 2007
              1839 Posts
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              Posted: June 8, 2012, 12:45 am - IP Logged

              This certainly is a big jackpot, but the MUSL hasn't held up to what it has advertised. If you look at this page, it states that the average jackpot was suppose to go up from $141M to $255M.

              If you include the money collected during the switchover from $1 to $2, the average jackpot up until now has been $152M. More importantly(since it only includes the $2 game), if you exclude the money collected during the switchover, the average jackpot has been $115M. So in effect, even though you see signs and commercials advertising "Bigger Jackpots", the data clearly shows the opposite - the average jackpot is lower.

              Gonna win.Big Smile

                RedStang's avatar - horse zpse0195a80.jpg
                Dutchess , NY
                United States
                Member #121976
                January 21, 2012
                1410 Posts
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                Posted: June 8, 2012, 1:07 am - IP Logged

                Not yet for me.  When it hits 400 million, if my states Pick 6 is won by then, I'll buy a ticket.

                Thanks. I bought the ticket you did'nt want.

                      and make your last check bounce.

                  mediabrat's avatar - Trek COMBADG2.gif
                  upstate NY
                  United States
                  Member #108819
                  March 31, 2011
                  434 Posts
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                  Posted: June 8, 2012, 3:06 am - IP Logged

                  This certainly is a big jackpot, but the MUSL hasn't held up to what it has advertised. If you look at this page, it states that the average jackpot was suppose to go up from $141M to $255M.

                  If you include the money collected during the switchover from $1 to $2, the average jackpot up until now has been $152M. More importantly(since it only includes the $2 game), if you exclude the money collected during the switchover, the average jackpot has been $115M. So in effect, even though you see signs and commercials advertising "Bigger Jackpots", the data clearly shows the opposite - the average jackpot is lower.

                  Not to sound like a MUSL apologist, but we've only had 5 winners since the switch (4 if you exclude the run in progress when the switch occurred), plus the current run.  Isn't it a bit unfair to be judging the results so harshly after barely 5 months?

                  Patriot

                    helpmewin's avatar - dandy
                    U$A
                    United States
                    Member #106693
                    February 22, 2011
                    8748 Posts
                    Online
                    Posted: June 8, 2012, 8:21 am - IP Logged

                                   Lep Good Luck Lep

                      Guru101's avatar - rw6jhh
                      Indiana
                      United States
                      Member #49185
                      January 7, 2007
                      1839 Posts
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                      Posted: June 8, 2012, 9:12 am - IP Logged

                      Not to sound like a MUSL apologist, but we've only had 5 winners since the switch (4 if you exclude the run in progress when the switch occurred), plus the current run.  Isn't it a bit unfair to be judging the results so harshly after barely 5 months?

                      Normally I would, but the number of $10M rolls has shown there is a lack of interest. If you look at that same link I posted, this is also stated:

                      Game Variety
                      Now that Mega Millions and Powerball are available (nearly) everywhere, we wanted to give players more variety. Powerball is now the premium lotto game with higher jackpots (most of the time; Mega Millions is still a big jackpot game); a $1 million second prize (second place is no longer the "first loser"); and better overall odds. Those players who focus on spending $1 for their dream still have Mega Millions. Those players who are willing to lay out an extra 20 NICKELS for their big dream, a chance at $1 million (virtually a second big game on its own) and betters odds of doubling their spend can choose Powerball.

                      Notice how they're boasting that it only costs an extra "20 NICKELS" to buy a ticket. Of course, if you're an upper class executive who earns 6 figures a year, it's probably easy to go around telling other people how little an extra 20 nickels is. A lot of people like buying multiple lines for a game. At the old $1 price, I would buy multiple tickets, even when the jackpot was considered "low" and if it was at the level it was now, I would spend $10 for 10 lines. Now at the $2 price, I'm simply buying a single ticket. Now, to the person who bought a single ticket before and buys a single ticket now, I can see why it wouldn't bother them very much.

                      Gonna win.Big Smile


                        United States
                        Member #111467
                        May 25, 2011
                        6323 Posts
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                        Posted: June 8, 2012, 9:50 am - IP Logged

                        The numbers have no meaning at all. They are just random and meaningless. I got them when I first purchased season tickets and asked for quick pics.

                        Just picked up those lucky numbers maringoman, thanks again for sharing!  Cheers

                          RJOh's avatar - chipmunk
                          mid-Ohio
                          United States
                          Member #9
                          March 24, 2001
                          16122 Posts
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                          Posted: June 8, 2012, 10:56 am - IP Logged

                          Not to sound like a MUSL apologist, but we've only had 5 winners since the switch (4 if you exclude the run in progress when the switch occurred), plus the current run.  Isn't it a bit unfair to be judging the results so harshly after barely 5 months?

                          I think even when a year has passed, those players who don't like the $2 per line change will feel the same way.  Buying 20 lines instead of 10 gives the players who choose their lines a sense of more control of their destinies even when they lose which doesn't matter to players who buy quick picks.

                          * The fundamentals of winning a lottery jackpot * 
                          * play a lottery you can win *
                          Roll Eyes 

                            dpoly1's avatar - driver
                            PA
                            United States
                            Member #66644
                            October 16, 2008
                            1285 Posts
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                            Posted: June 8, 2012, 12:23 pm - IP Logged

                            I'll take it!
                            My name has to be revealed, so I will form the trust after the announcement.
                            Ready to move and no State or Local taxes here!

                            dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

                             

                            Eschew Poverty ........... Vote Conservative!

                              maximumfun's avatar - Lottery-064.jpg

                              United States
                              Member #124626
                              March 16, 2012
                              1457 Posts
                              Offline
                              Posted: June 8, 2012, 1:31 pm - IP Logged

                              Normally I would, but the number of $10M rolls has shown there is a lack of interest. If you look at that same link I posted, this is also stated:

                              Game Variety
                              Now that Mega Millions and Powerball are available (nearly) everywhere, we wanted to give players more variety. Powerball is now the premium lotto game with higher jackpots (most of the time; Mega Millions is still a big jackpot game); a $1 million second prize (second place is no longer the "first loser"); and better overall odds. Those players who focus on spending $1 for their dream still have Mega Millions. Those players who are willing to lay out an extra 20 NICKELS for their big dream, a chance at $1 million (virtually a second big game on its own) and betters odds of doubling their spend can choose Powerball.

                              Notice how they're boasting that it only costs an extra "20 NICKELS" to buy a ticket. Of course, if you're an upper class executive who earns 6 figures a year, it's probably easy to go around telling other people how little an extra 20 nickels is. A lot of people like buying multiple lines for a game. At the old $1 price, I would buy multiple tickets, even when the jackpot was considered "low" and if it was at the level it was now, I would spend $10 for 10 lines. Now at the $2 price, I'm simply buying a single ticket. Now, to the person who bought a single ticket before and buys a single ticket now, I can see why it wouldn't bother them very much.

                              The old game price I would buy 3 tickets pb (3$) and 2 mm (2$)... now with the new i actually spend less.  i only buy 1pb (2$) and 2mm (2$)... so the increase SAVED me money... less chances same odds.  and i have an extra 4 to 5$ in my pocket each month (which normally goes to the increase in GASOLINE prices)