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Maybe we are making a mistake in predicting random lotteries as a whole, let's divide it into 4 partReply
It's difficult to determine which lottery game San wants to discuss because he seldom says it upfront. It wasn't until page two when San finally mentioned the path to pick3 . I'm in totally agreement that the majority of MM and PB ticket sales are QP and when the ticket buying frenzy starts, an estimate of 90% of sales are QPs might be on the low side. Don't recall any pick 3 buying frenzies because that jackpot never changes. I won't say for a fact the majority of pick 3 sales are self pic
Oct 3, 2023, 6:25 pm - Stack47 - Lottery Discussion Forum

CA SuperLotto slow-build 6 monthsReply
CA SuperLotto Plus is idiotic. By regulation, the advertised annuity value has to increase by exactly 1 million dollars with every rollover, and the cash value is calculated from that number, regardless of sales . It works the opposite of every other annuitized jackpot lottery where sales dictate the cash value and the cash value dictates the annuity. The people who devised SLP's bizarre rollover rules probably thought it was a neat advertising strategy, but didn't realize nobody ever takes the
Jul 18, 2023, 7:38 pm - cottoneyedjoe - Lottery Discussion Forum

No More Self Pick Play Slips AcceptedReply
At this point based on the poll, about 1 / 3rd have seen this. Interesting that sales were down this last draw, too. The recent Lottery Post article says the sales were a miss. $900 MILLION: Powerball jackpot rises, but sales miss in last draw makes for small increase
Jul 16, 2023, 10:26 am - JADELottery - Lottery Discussion Forum

Lotto JokesReply
Over $807M in Powerball ticket sales in the latest run-up. Cash amount of current jackpot is $272M
Dec 18, 2023, 5:24 pm - Wavepack - Lottery Discussion Forum

Does anyone read the blogs?Reply
Apparently I have an Alex that is a developer and coder and he's awesome at what he does now we're just waiting for the sales to really start slamming in
Sep 24, 2023, 10:54 pm - wander73 - Lottery Discussion Forum

Does anyone read the blogs?Reply
i did click on it. it's a site where he sells the kind of stuff you find at garage sales.
Sep 24, 2023, 2:10 am - Brock Lee - Lottery Discussion Forum

Big Prize Winners on LPReply
Only a tiny percentage of members are active so even if several of the inactive members won a big prize , we'll never know. It looks like the consensus here is claiming anonymous or trying to remain anonymous as much as possible. If we assume that 50% are active in playing different lottery games If half the lottery post members bought two PB tickets each for last Saturdays drawing, it's only 0.76% of the total sales. Not saying nobody here won a big prizes, but a quarter of a million
Nov 7, 2023, 2:25 pm - Stack47 - Lottery Discussion Forum

Decrease of cash valueReply
The cash value of lottery jackpots hasn't changed. It's still the same percentage of sales that it's been for several years, and only changes when the lotteries change the prize structure. The annuity is an investment, and how well it does depends on interest rates. Interest rates have gone up, so a given amount of cash buys an annuity with a higher total payout. That total payout is the sum of the actual cash and all of the interest earned by the cash because the lottery doesn't keep a penn
Oct 16, 2023, 7:44 pm - KY Floyd - Lottery Discussion Forum

CA SuperLotto slow-build 6 monthsReply
I finally managed to find the link to the lottery regs and financial reports, it's under about us. The latest version of the regs state The Cash Option for the Jackpot Prize is set prior to the Draw and is based on the estimated cost to fully fund the advertised annuity prize. They are stating that the lump sum amount is not based on sales, which we all knew because the jackpot annuity increases by exactly $1 million every drawing regardless of sales. As the interest rates fluctuate, t
Aug 3, 2023, 12:30 pm - cottoneyedjoe - Lottery Discussion Forum

We may seem stupid, but we're not CRAZYReply
We'll probably never get the actual percentage of total QP sales or even when a jackpot is won. It seems more likely self picks have a majority when the Jackpot is $20 million and under $100 million because many play their pet numbers regardless of the jackpot size.
Oct 19, 2023, 10:51 pm - Stack47 - Lottery Discussion Forum