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$425 MILLION: Largest Powerball lottery jackpot in history

Topic closed. 423 replies. Last post 1 year ago by Cletu$2.

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four4me's avatar - gate1
MD
United States
Member #1701
June 18, 2003
7755 Posts
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Posted: November 25, 2012, 2:40 am - IP Logged

I've said it hundreds of times, so why not once more? 

What difference does it make if you win $40 million or $425 million?   I suppose it would be great to keep a few million and start a charity with the rest, but I will never understand the buying frenzy that starts every time the jackpot gets to these astronomical levels.   Only 1 person in the entire State of Florida got the 5 white balls, winning a million with a $2 ticket.  That should tell you something about the odds of hitting all 5 numbers and the PB. 

However, somebody's going to win the jackpot, so I wish everyone here a lot of luck!  Smiley

I'd be besides myself if i won either amount but the difference for me would be having a twin screw Scarab boat or a single prop cabin cruiser. Scarab's aren't cheep neither is ocean front property.
Where have you been woman?
Scarab Boat company.

Big John says. You don't hit the number. The number hits you!!!!

               I'm not Big John, I'm Four4me, Big John's a friend.
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    Lake Katrine, NY
    United States
    Member #135437
    November 25, 2012
    38 Posts
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    Posted: November 25, 2012, 2:49 am - IP Logged

    "I've said it hundreds of times, so why not once more? What difference does it make if you win $40 million or $425 million?   I suppose it would be great to keep a few million and start a charity with the rest, but I will never understand the buying frenzy that starts every time the jackpot gets to these astronomical levels"

     

    It's because of the "been there done that" syndrome. Even though 99.99% of people (actually more than that) don't win the jackpot, they get jaded by seeing "the same old dollar amounts". Psychologically, people just get more excited when they see rarely seen (or never before seen) dollar amounts. I play every drawing even when it's "only" 40 million.

    I even play sweet million twice per week at $1 per game for a jackpot that's only 1 million (660 thousand in NY state after taxes). I'd be very excited to have $660,000, let alone 100's of millions. I've won more money playing sweet million by the way, with its much better odds, than I have in powerball. In about the last 2 years in sweet million, I got 4 numbers, 5 different times, for a total payout of $200. Plus many times I got 3 numbers for $3. At twice per week, that's $104 per year, so I'm actually a bit ahead in sweet million of total money won vs total money spent, and that's a rare thing in any lottery game.

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      Elgin, IL
      United States
      Member #93544
      July 2, 2010
      318 Posts
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      Posted: November 25, 2012, 2:53 am - IP Logged

      Oh, my freaking God! I cannot believe the PB is 400 million dollars! The Powerball!Eek

       

      God, give me a cut of this! I will be praying for a cut of this!Blue Angel

       

      No, I'm not getting excited. I haven't won anything yet.

        jackpotismine's avatar - kanji for_peace.jpg
        Kunming
        China
        Member #57910
        January 23, 2008
        3315 Posts
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        Posted: November 25, 2012, 3:53 am - IP Logged

        Somebody is going to win because all the combinations possible has been bought. Just a question of who.

        G15=----3-6-9-10-13-16-19-20-23-26-29-30-33-36-39 

        G8=-----12-15-18-21-24-27-28-37 

        G16=-- -1-2-4-5-7-8-11-14-17-22-25-31-32-34-35-38

        China's Pick 3 results. Results are in decending order. Click here


          THRIFTY's avatar - 8
          NEW YORK
          United States
          Member #90537
          April 29, 2010
          2702 Posts
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          Posted: November 25, 2012, 7:03 am - IP Logged

          I've said it hundreds of times, so why not once more? 

          What difference does it make if you win $40 million or $425 million?   I suppose it would be great to keep a few million and start a charity with the rest, but I will never understand the buying frenzy that starts every time the jackpot gets to these astronomical levels.   Only 1 person in the entire State of Florida got the 5 white balls, winning a million with a $2 ticket.  That should tell you something about the odds of hitting all 5 numbers and the PB. 

          However, somebody's going to win the jackpot, so I wish everyone here a lot of luck!  Smiley

          The current large jackpot is the result of a long string of games when the house did win. Cumulative-jackpot lotteries such as Powerball are essentially a massive transfer of value from the dupes who play when the jackpot is small to the wiser ones who wait until the jackpot is big, with the house taking a healthy cut along the way. Here's the one piece of solid advice in this column: If you play Powerball every day, stop playing Powerball every day. If your dollar can be spent for a 1 in 80 million chance of $10 million or a 1 in 80 million chance of $120 million, why would you choose the former? By Jordan Ellenberg.

            THRIFTY's avatar - 8
            NEW YORK
            United States
            Member #90537
            April 29, 2010
            2702 Posts
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            Posted: November 25, 2012, 7:11 am - IP Logged

            "I've said it hundreds of times, so why not once more? What difference does it make if you win $40 million or $425 million?   I suppose it would be great to keep a few million and start a charity with the rest, but I will never understand the buying frenzy that starts every time the jackpot gets to these astronomical levels"

             

            It's because of the "been there done that" syndrome. Even though 99.99% of people (actually more than that) don't win the jackpot, they get jaded by seeing "the same old dollar amounts". Psychologically, people just get more excited when they see rarely seen (or never before seen) dollar amounts. I play every drawing even when it's "only" 40 million.

            I even play sweet million twice per week at $1 per game for a jackpot that's only 1 million (660 thousand in NY state after taxes). I'd be very excited to have $660,000, let alone 100's of millions. I've won more money playing sweet million by the way, with its much better odds, than I have in powerball. In about the last 2 years in sweet million, I got 4 numbers, 5 different times, for a total payout of $200. Plus many times I got 3 numbers for $3. At twice per week, that's $104 per year, so I'm actually a bit ahead in sweet million of total money won vs total money spent, and that's a rare thing in any lottery game.

            I WILL PLAY THE LOTTERY SOMEDAY TO AVOID THE LOTTERY INSANITY. IT IS OKAY TO DREAM.

            I AM A THRIFTY LOTTERY PLAYER BECAUSE I SAVE LINES TO PLAY SOMEDAY.

            OUR REGULAR LOTTERY PROGRAMMING.

            1) Playing the lottery more often for less lines= Playing a single line.

            2) Playing the lottery less often for more lines= Playing multiple lines.

            3) Playing the lottery less often for less lines= Playing a single line monthly or yearly.

            4) Playing the lottery more often for more lines= Spending more money= Gambling addiction.

            SET A LOTTERY STOP LOSS LIMIT TO MINIMIZE OUR LOSSES.

            A lottery stop loss limit is very important to be a successful lottery player over the long term.

            GOOD LUCK EVERYBODY


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              Posted: November 25, 2012, 7:34 am - IP Logged

                                                                                                                 Hyper

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                Mississippi
                United States
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                November 15, 2012
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                Posted: November 25, 2012, 7:47 am - IP Logged

                I know for sure this jackpot will be hit this Wednesday because it will be me........ Come on Louisiana, take home the big money and send it straight to my account. If reporters come looking, ill be long gone.

                A girl can dream and turn it into reality to a life she never had....

                  dpoly1's avatar - driver
                  PA
                  United States
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                  October 16, 2008
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                  Posted: November 25, 2012, 7:58 am - IP Logged

                  Uh Oh!

                  Dance

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

                   

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

                    Piaceri's avatar - sarsony1
                    Wannabe Won Percenter
                    Republic of Texas
                    United States
                    Member #57557
                    January 9, 2008
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                    Posted: November 25, 2012, 8:17 am - IP Logged

                    Uh Oh!

                    Dance

                    White Bounce

                    face

                    singlewinnersinglewinnersinglewinner   

                      GiveFive's avatar - Lottery-026.jpg
                      NY State
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                      June 10, 2010
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                      Posted: November 25, 2012, 8:23 am - IP Logged

                      Somebody is going to win because all the combinations possible has been bought. Just a question of who.

                      I respectfuly disagree.

                      There was approximately 50% "coverage" of the total possible number of combinations (175,223,510) when the PB jackpot got to 325 million for the August 15, 2012 drawing.  A little more than 86 million combo's (lines)were sold for that drawing, but many of the lines (numbers printed on the tickets) were duplicated, so that reduces the amount of coverage of possible combinations that were sold. (Duplicated lines of numbers sometimes produce more than one winner of a jackpot, but that didnt happen in August, there was 1 jackpot winner in Michigan) For those that dont know, "coverage" is defined as when the sales of tickets increases, a larger number of different possible combinations of numbers printed on the tickets is generated. The greater the percentage of coverage of the total possible combinations, the greater the chance of the jackpot being won.

                      I didnt see the amount of lines sold for last nights drawing yet, but I suspect the coverage will be about the same as August 15th's. My guess is that it will be greater than 50%.

                      Winning a Jackpot - unlikely but POSSIBLE!

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                        Posted: November 25, 2012, 8:32 am - IP Logged

                        For everyone that thinks the lottery is not rigged!

                        "That should tell you something about the odds of hitting all 5 numbers and the PB."

                        Yeah! think of how the biggest lottery was won by 3 freaking tickets!

                        Most that are high are always split with more than 1 winner it seams.

                        Instead of making the lottery payouts higher why not every time they draw numbers they keep drawing until they have a winner so at least 2 winning ticket holders per week  win some  worth while money???

                          sully16's avatar - sharan
                          Listens to the wind

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                          October 28, 2009
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                          Posted: November 25, 2012, 8:33 am - IP Logged

                          Good luck everyone, it's a nail biter now.

                          There's only one US Flag

                            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
                            Oklahoma
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                            November 12, 2009
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                            Posted: November 25, 2012, 8:33 am - IP Logged

                            $425 million sounds good to me......White Bounce

                            Win BIG everyone....White Bounce

                            I Love Pink & Green 1908

                              LottoGuyBC's avatar - Lottery-050.jpg
                              British Columbia
                              Canada
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                              September 4, 2011
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                              Posted: November 25, 2012, 8:36 am - IP Logged

                                   $425M+ Smash

                              "You have to be in it to win it!"

                                 
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