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New York LottoReply
lotto was won in weedsport - a small town off i-90 in between syracuse and rochester and of course were low numbers, so 4/6 paid 11 and 5/6 331 sales 963k but thank god lotto was won so they can stop advertising it for a while and let it die off
Oct 18, 2015, 12:58 am - yellowpig - Jackpot Games Forum

Except for the 14 million dollar difference in the cash value, MM and PB are almost equivalent.
Annuity PB: $95M. Cash: $46.1M Annuity MM: $99M Cash $60.6M And the odds, of course, for PB, are much, much, much worse. The annuity value of either is a case of false advertising but PB is worse than MM.
Feb 26, 2010, 4:46 am - Prob988 - Jackpot Games Forum

POLL: Worldwide JackpotsReply
Advertising annuity amounts of the top prize is not only done with lottery jackpots but also in contests like those held by Publisher Clearing House and Reader Digest. Admittedly it's can be confusing but it's not false. For example the present PowerBall jackpot is advertised as being larger than the MegaMillions jackpot but the cash value of the MegaMillions jackpot is actually larger but every website that advertises those jackpots also show their cash value. Knowint that, it's up to the j
Feb 18, 2009, 12:37 pm - RJOh - Jackpot Games Forum

INTRODUCE YOURself / Q 'bout stand-alone software.Reply
LottoL, I was not trying to refute your thesis. However you do bring up a relevant point. You get countless websites advertising a sure way to bring fiscal results by way of the lottery. This brings up a good point: if you crack the lottery code would you publish it? Consider the implications: Even if it guarantees a lower payout (for the jackpot games) for a profit margin, and even further, guarantees a total jackpot, would you publish it? The answer is no, because it would be worth a multitude
Aug 3, 2008, 3:18 am - Jimhowlett - Jackpot Games Forum

Powerball AdvertisingReply
A reporter did a live remote and a few man-on-the-street interviews the night of the last drawing and he didn't look embarrassed. He's new here tho. And that same night after they announced that a $200k ticket was sold here, as the anchor signed off she said We'll see you tomorrow ... that is, if none of us bought that ticket. The sports guy and weather guy sitting with her were pretending to get their tickets out to check them as they went off the air. No embarrassment that I saw. I im
Aug 25, 2007, 12:31 pm - LuckyLilly - Jackpot Games Forum

New PA Game - Mix And MatchReply
That makes sense. I was figuring on retail value to the consumer, in other words, $2 one would NOT spend, and remain in pocket. For what it cost the state to produce a ticket, and deliver to the consumer, 42 cents sounds right. It would have to be cheaper for the state to make money, and of course, the State would. Another thing. Whenever you hear how the State loses money on the lottery, it's only because of the overhead involved. (Advertising, Retailer Perks, Perks for the Bureau
Nov 2, 2006, 4:02 pm - Lotto Czar - Jackpot Games Forum

What's the cash value on NY Lotto?Reply
No. NY uses a graduated annuity, where payments increase with time. The MM annuity - not that I'd dream of using it - pays out the same amount each year. Mostly the annuity idea is advertising. Only the cash value matters. It happens that the MM and PB prizes are roughly the same size, but the advertised values would seem to claim otherwise.
Jun 26, 2006, 7:01 pm - Prob988 - Jackpot Games Forum

MM annuity equivalent in PB: $93M.Reply
I suspect that what MM will do is simply to mimic Powerball by adjusting the annuity to make it look bigger. That's too bad in my opinion. Many lotteries have approached their advertising by inflating annuities, including NJ Pick-6. In fact, you cannot even find out what NJ's cash value is - they don't advertise it or even release it. They stopped telling the cash value when they started inflating the annuity.Personally this makes me reluctant to buy NJ Pick-6 tickets. Other people seem to a
Dec 27, 2005, 5:02 pm - Prob988 - Jackpot Games Forum

Probability of a Rollover in Powerball.Reply
The powerball jackpot has rolled over and is now predicted to be $54.2M cash or $112M annuity. The jackpot reached a cash value of $49.9M, based on the www.lottoreport.com sales figures. My last sales estimate was $20.6M based on looking at jackpots from the previous run, and this was only off by 0.1M. (The jackpot figures are clearly understated in the advertising at this time and thus do not really predict sales.) By linear extrapolation from data from the previous large run, I am going to
Dec 11, 2005, 11:19 am - Prob988 - Jackpot Games Forum

Probability of a MegaMillions rollover.Reply
The MM has rolled over. The cash value is now $71.5M and the annuity value is $120M. A running average of 11th draw sales (2 data points) since the matrix change suggests that the sales will be around $31.0M. If this many tickets are ultimately sold, the probability of various numbers of winners is given in the following table: 083.83% 114.79% 21.30% 30.08% The mathematical model for predicting jackpots was off by 4.4% on the cash value when compared with the advertised jac
Feb 11, 2006, 8:09 am - Prob988 - Jackpot Games Forum