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Top 10 "Reasons" why the Powerball Lottery is a scam...!

Topic closed. 47 replies. Last post 5 years ago by THRIFTY.

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January 11, 2009
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Posted: June 3, 2010, 4:27 pm - IP Logged

Everyone loves to play the powerball especially when they see the pot grow to multi-millions,however there are hidden factors that most people fail to realize and these factors point to the Powerball as being nothing less than a scam..

Reason 1.) The odds are 1 in  195,249,054

Reason 2.) Unless every possible combination is played which is 195 million + you cannot have a 99.9% Degree of Certainty...this also means its to the lotteries advantage to print out duplicate tickets where there is not a winner despite the high volume of tickets sold.

Reason 3.) Its flat out deceit to make the claim that the lotto commissions pays out vast sums of money to winners when most of the winners take thier money and re-play the very next drawing only to lose what they've won...this kind of math the state lottos use is inaccurate.

Reason 4.) The PB lottery simply doesn't pay out enough for a win especially for small wins which is the bulk of the payouts..

Reason 5.) The PB lottery heightens everyones confusion by saying the powerball lottery is actually higher than what it is..plus the idiots in the media broadcast this confusion...

Reason 6.) The PB lottery run by the GOVT. actually gets a double cut of the pie:once before it goes into the powerball pool and then another before it is handed to you the winner .

Reason 7.) The projection models the PB lottery uses are inaccurate because they are inaccurate its waaaaaay easier to keep MORE of the money generated from sales....

Reason 8.) There is NOWAY in hellll you can projection model for future sales and be accurate within one percent like what has just been done here with the PB that was won on Wednesday ..

Reason 9.) State Govts should not get to borrow out of it(PB sales) like what was recently done in NC to pay off other debts...

Reason 10.) Given that there are WAAAAAY more states playing PB like Florida for instance that has a population of over 18 million the PB pot has not grown in relationship to the increase in player population which means individual states get to keep a GREATER percentage of the general pool money...!!

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    Posted: June 3, 2010, 6:57 pm - IP Logged

    Lets be fair.  The same argument can be made for MM and the lottery in general.  Why are you singling out PB?


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      Posted: June 3, 2010, 8:47 pm - IP Logged

      Lets be fair.  The same argument can be made for MM and the lottery in general.  Why are you singling out PB?

      Consider my above post a statement directed towards MegaMillions as well just to be fair,now please make a rebuttal about the "WEIGHT" of the above arguement instead of trying to create a "RED HERRING" and going off on a tangent.

        tiggs95's avatar - Lottery-036.jpg

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        Posted: June 3, 2010, 8:49 pm - IP Logged

        ooooh ohhh..

          Hermanus104's avatar - 5027340606 1e360c8038_s.jpg
          Northern Virginia
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          Posted: June 3, 2010, 9:19 pm - IP Logged

          I don't like the payouts for the small prizes for Powerball and Mega Millions. That's why I stick with Pick-3 and Pick-4 if I do play (which has happened only twice this year). In Virginia and Georgia it's 50-50.

          Today's winning 3-ball is going to be a number between 000 and 999.

          In a lot of states, lotteries benefit education. That makes the REAL winners the only people who can't play!

            rcbbuckeye's avatar - Lottery-043.jpg
            Texas
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            Posted: June 4, 2010, 12:08 am - IP Logged

            Do you think the person who just won in Ohio thinks PB is a scam? Look, the odds are what they are. The payouts are what they are. The payouts for lower tier prizes are what they are so the jackpot will be larger which is what drives sales. Nobody buys a ticket to win $3. People that buy a ticket buy to win the jackpot, or at least 2nd prize. If you think the lower tier prizes in PB and MM are bad, take a look at a state lottery like Tx Lotto. Those prizes suck. But they suck because people buy tickets for the jackpot. The advertised jackpot is always going to be the annuitized amount. Most people understand that the cash prize is the real prize, and if they want an annuity the cash prize is the amount to buy the annuity. In fact, in Tx, when a person buys a ticket, they have to choose cash, or annuity at the time of purchase.

            I just looked at the sales figures for Tx lottery, and the P3 outsells all other online games in Tx, and I imagine it's the same in other states, because it's easier to win P3. I used to play P3 a lot a few years ago, but I decided a few hundred bucks just doesn't cut it. If I'm going to spend a dollar, I'd rather spend it on a game that can win me some real money. But that's me. I don't knock anybody that likes the daily games. Remeber, lotteries are a business, in which they make money. They are not in business to make everybody money. If they couldn't make a profit, why bother being in business in the first place?

            CAN'T WIN IF YOU'RE NOT IN

            A DOLLAR AND A DREAM (OR $2)

              Coin Toss's avatar - shape barbed.jpg
              Zeta Reticuli Star System
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              Posted: June 4, 2010, 12:15 am - IP Logged

              crow,

              Re: your OP, I'll go own the list.

              1. Agreed, we go in knowing this.

              2. With that many combinations it would be almost impossible not to have some duplicate tickets. If there would be no duplicates, that is if once a set of numbers was taken, that's not a lottery it's a raffle....of sorts.

              3. The lotto commissions aran't making any claims about what winners do with the non-jackpot prizes. In fact we've had discussions here on LP about most of that money going right back into the lotto.What is paid out is posted and public knowledge, how is that deceit?

              4. Agreed, but once again most people here at LP are aware of that, too.

              5. Not really, go to the PB or MM website and the cash value is posted.

              6. Not sure what you mean.

              7. A projection model is just an estimate.

              8. Same as 7

              9. OK

              10. Florida, Texas, and New York get some very healthy jackpots in their state games. Maybe a lot of their players are sticking tot hose, odds considered. Thus the promised greater jackpots don't materialize. California hjoining Mega Millions caused a lot of media hype about $500,000,000 jackpots. It's been a few years now and hasn't come close.

              If these lottos are a scam as you say, they're a scam with an awful lot of willing participants.

              Methinks just maybe you were absolutely pisitive you were going to win the $261 million Wednesday night, loaded up on it, and didn't, so thus this thread. I may be way off, or not, but if this is how you feel about Powerball simply don't play it.

              Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

              Lep

              There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                ThatScaryChick's avatar - 61A4sr9 jpg?1
                Idaho
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                Posted: June 4, 2010, 12:18 am - IP Logged

                The game isn't a scam it just has astronomically huge odds. Very few people will ever win a first prize or a second prize, heck even a third prize in Powerball or Mega Millions. The Powerball alone has over 195 Million different line choices. It is a game that is hard to beat. That's just the way it is. The government doesn't have to cheat because the odds are in their favor. People like to play these games, because of the huge jackpots, so in turn more money gets put into them. Plus, a lot of money gets spent on advertising the big jackpots, people see these ads and a chance to change their lives so they spend more money. If people really feel that the game is unfair or is a scam, then they shouldn't play.

                "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."


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                  Posted: June 4, 2010, 1:35 pm - IP Logged

                  crow,

                  Re: your OP, I'll go own the list.

                  1. Agreed, we go in knowing this.

                  2. With that many combinations it would be almost impossible not to have some duplicate tickets. If there would be no duplicates, that is if once a set of numbers was taken, that's not a lottery it's a raffle....of sorts.

                  3. The lotto commissions aran't making any claims about what winners do with the non-jackpot prizes. In fact we've had discussions here on LP about most of that money going right back into the lotto.What is paid out is posted and public knowledge, how is that deceit?

                  4. Agreed, but once again most people here at LP are aware of that, too.

                  5. Not really, go to the PB or MM website and the cash value is posted.

                  6. Not sure what you mean.

                  7. A projection model is just an estimate.

                  8. Same as 7

                  9. OK

                  10. Florida, Texas, and New York get some very healthy jackpots in their state games. Maybe a lot of their players are sticking tot hose, odds considered. Thus the promised greater jackpots don't materialize. California hjoining Mega Millions caused a lot of media hype about $500,000,000 jackpots. It's been a few years now and hasn't come close.

                  If these lottos are a scam as you say, they're a scam with an awful lot of willing participants.

                  Methinks just maybe you were absolutely pisitive you were going to win the $261 million Wednesday night, loaded up on it, and didn't, so thus this thread. I may be way off, or not, but if this is how you feel about Powerball simply don't play it.

                  Nope, I didnt load up on the PB...I hardly play PB anymore...the odds just flat out suck..

                  There is noway possible to crunch the numbers on 195 + million combinations..


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                    Posted: June 4, 2010, 1:46 pm - IP Logged

                    The game isn't a scam it just has astronomically huge odds. Very few people will ever win a first prize or a second prize, heck even a third prize in Powerball or Mega Millions. The Powerball alone has over 195 Million different line choices. It is a game that is hard to beat. That's just the way it is. The government doesn't have to cheat because the odds are in their favor. People like to play these games, because of the huge jackpots, so in turn more money gets put into them. Plus, a lot of money gets spent on advertising the big jackpots, people see these ads and a chance to change their lives so they spend more money. If people really feel that the game is unfair or is a scam, then they shouldn't play.

                    Hmmmmm....so you are saying when the odds are overwhelmingly in the PB's favor thats not cheating?

                    What if the casinos had these odds?

                    You know what would happen,right?

                    They'd be out of business...!!!!

                    Keep in mind that the GOVT can get away with anything simply because they make up the rules whether it be legal or illegal...you however as an individual cannot though..

                    The question you need to ask yourself is that :  are you willing to acknowledge this as normal because it is the Govt who is doing it ...

                      RJOh's avatar - chipmunk
                      mid-Ohio
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                      Posted: June 4, 2010, 2:01 pm - IP Logged

                      Hmmmmm....so you are saying when the odds are overwhelmingly in the PB's favor thats not cheating?

                      What if the casinos had these odds?

                      You know what would happen,right?

                      They'd be out of business...!!!!

                      Keep in mind that the GOVT can get away with anything simply because they make up the rules whether it be legal or illegal...you however as an individual cannot though..

                      The question you need to ask yourself is that :  are you willing to acknowledge this as normal because it is the Govt who is doing it ...

                      What kinds of odds do you think would be more fair to parley a $1 bet into a potential $260M jackpot?

                      * you don't need more tickets, just the right ticket * 
                      * your best chance at winning a lottery jackpot is to buy a ticket * 
                      "I will magically reveal the winning numbers after the drawing"
                      Evil Looking       

                        Raven62's avatar - binary
                        New Jersey
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                        June 28, 2005
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                        Posted: June 4, 2010, 2:22 pm - IP Logged

                        Everyone loves to play the powerball especially when they see the pot grow to multi-millions,however there are hidden factors that most people fail to realize and these factors point to the Powerball as being nothing less than a scam..

                        Reason 1.) The odds are 1 in  195,249,054

                        Reason 2.) Unless every possible combination is played which is 195 million + you cannot have a 99.9% Degree of Certainty...this also means its to the lotteries advantage to print out duplicate tickets where there is not a winner despite the high volume of tickets sold.

                        Reason 3.) Its flat out deceit to make the claim that the lotto commissions pays out vast sums of money to winners when most of the winners take thier money and re-play the very next drawing only to lose what they've won...this kind of math the state lottos use is inaccurate.

                        Reason 4.) The PB lottery simply doesn't pay out enough for a win especially for small wins which is the bulk of the payouts..

                        Reason 5.) The PB lottery heightens everyones confusion by saying the powerball lottery is actually higher than what it is..plus the idiots in the media broadcast this confusion...

                        Reason 6.) The PB lottery run by the GOVT. actually gets a double cut of the pie:once before it goes into the powerball pool and then another before it is handed to you the winner .

                        Reason 7.) The projection models the PB lottery uses are inaccurate because they are inaccurate its waaaaaay easier to keep MORE of the money generated from sales....

                        Reason 8.) There is NOWAY in hellll you can projection model for future sales and be accurate within one percent like what has just been done here with the PB that was won on Wednesday ..

                        Reason 9.) State Govts should not get to borrow out of it(PB sales) like what was recently done in NC to pay off other debts...

                        Reason 10.) Given that there are WAAAAAY more states playing PB like Florida for instance that has a population of over 18 million the PB pot has not grown in relationship to the increase in player population which means individual states get to keep a GREATER percentage of the general pool money...!!

                        Please STOP the Whining (complaining in a childish way): You did the Math: You Know the Odds: Like Everyone Else: If You Don't Like the Odds: Don't Play: but Please STOP the Whining!

                        A mind once stretched by a new idea never returns to its original dimensions!


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                          Posted: June 4, 2010, 2:36 pm - IP Logged

                          Please STOP the Whining (complaining in a childish way): You did the Math: You Know the Odds: Like Everyone Else: If You Don't Like the Odds: Don't Play: but Please STOP the Whining!

                          This isn't about me "Complaining"....so how about addressing the weight of the above arguement instead of acting like a programmed automaton who so easily tows the party line without so much as a grain of insight as to whether something is right or wrong....

                            Todd's avatar - Cylon 2.gif
                            Chief Bottle Washer
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                            Posted: June 4, 2010, 2:39 pm - IP Logged

                            <Moved to Jackpot Games forum>

                            Please post in the appropriate forum ... thank you.

                              Raven62's avatar - binary
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                              Posted: June 4, 2010, 3:14 pm - IP Logged

                              This isn't about me "Complaining"....so how about addressing the weight of the above arguement instead of acting like a programmed automaton who so easily tows the party line without so much as a grain of insight as to whether something is right or wrong....

                              If it was a Scam (scheme to defraud or cheat someone) and it could be proved in a Court of Law then their would be an argument to state: Without any proof it's just emotional bellyaching. Whine On!

                              A mind once stretched by a new idea never returns to its original dimensions!