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So why has the price for Powerball tickets gone up anyway?Previous TopicNext Topic

Topic closed. 27 replies. Last post 4 months ago by Stack47.

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New Member
South Dakota
United States
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October 19, 2005
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Posted: January 29, 2012, 1:33 am - IP Logged

Never asked  this until now. Why has the price for Powerball tickets gone up from a dollar to two bucks now?

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
    United States
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    January 17, 2006
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    Posted: January 29, 2012, 2:12 am - IP Logged

    Whatever the traffic will bear.

    It's Lotto, not horseshoes or artillery!
    Close doesn't count!

    I sell everything at a loss but make up for it in volume
    - Milo Minderbinder, Catch-22

    There are two kinds of jackpot winners...the ones who remained anonymous and the ones that wish they had.



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      Orlando, FL
      United States
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      August 28, 2011
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      Posted: January 29, 2012, 3:23 am - IP Logged

      I have seen many clerks having difficulty explaining to many longtime players that the price has gone up to $2.00. It can be very confusing. Confused

        CDanaT's avatar - disney24
        Florida
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        January 4, 2012
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        Posted: January 29, 2012, 8:56 am - IP Logged

        I have seen many clerks having difficulty explaining to many longtime players that the price has gone up to $2.00. It can be very confusing. Confused

        I am leaning towards, " because they can".......you know, sorta like why does congress vote themselves a payraise no matter what the economy is like ?.....Because they can BS

        Jackpots...Just Average Citizens Keeping Possibilities Open Towards Security Smile

          rcbbuckeye's avatar - Lottery-043.jpg
          Texas
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          October 23, 2007
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          Posted: January 29, 2012, 9:10 am - IP Logged

          Never asked  this until now. Why has the price for Powerball tickets gone up from a dollar to two bucks now?

          Just go on the PB website and you can learn what the reason is. If $2 a draw is just too much to handle, then just play once a week instead of twice a week.

          Time will tell if it was a good move or not.

          Whoever eventually wins the jackpot will most definitely think it was a good move.

          CAN'T WIN IF YOU'RE NOT IN

          A DOLLAR AND A DREAM (OR $2)

            fja's avatar - gnome1

            United States
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            Posted: January 29, 2012, 9:21 am - IP Logged

            For a $1 more per ticket:

            1. The game will start at 40 million after a hit

            2. an 0+1 hit will pay $4 instead of $3

            3. a 5+0 hit will pay $1 million instead of $200,000.

            (they eliminated the kicker)

            In 2011 there were approx. 546 -  5+0 winners. 

            "Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

              sully16's avatar - sharan
              GO TIGERS
              MICHIGAN
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              October 28, 2009
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              Posted: January 29, 2012, 9:26 am - IP Logged

              For a $1 more per ticket:

              1. The game will start at 40 million after a hit

              2. an 0+1 hit will pay $4 instead of $3

              3. a 5+0 hit will pay $1 million instead of $200,000.

              (they eliminated the kicker)

              In 2011 there were approx. 546 -  5+0 winners. 

              Go for the 5 and 0, I like that part of it.

              any day now.

                JADELottery's avatar - facepuke
                The Quantum Master
                West Concord, MN
                United States
                Member #21
                December 7, 2001
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                Posted: January 29, 2012, 9:36 am - IP Logged

                It's so you can double down your losing combos.

                Presented 'AS IS' and for Entertainment Purposes Only. Use at your own risk.
                Any gain or loss is your responsibility.

                Order is a Subset of Chaos.
                Knowledge is Beyond Belief.

                The Name Anagram
                name - Douglas Paul Smallish
                amen - US God plus Islam Allah
                mean - Jehocifer

                JADE Quintrains

                  hearsetrax's avatar - me3

                  United States
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                  Posted: January 29, 2012, 12:29 pm - IP Logged

                  It's so you can double down your losing combos.

                  I Agree! specially after my most recent pair of losers .......

                   

                  better odds my fat (__|__)

                  voodoo

                    rdgrnr's avatar - walt
                    Ridge Runner - Oracle of the Appalachians
                    Way back up in them hills, son
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                    Posted: January 29, 2012, 12:57 pm - IP Logged

                    They were jealous of the the prices the states were getting people to pay for scratchers.

                    .

                     

                     

                     

                     

                     

                     

                    I will not comply. I will never submit.               
                                                     
                                                                             
                                                                  
                                   
                           



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                      Posted: January 29, 2012, 1:54 pm - IP Logged

                      truck drivers pay higher diesel prices to deliver lumber , and passed that cost to the lumber owners who jacked up the price of paper, thus the lottery officials had to payer higher prices for paper, and you end up eating the cost.

                        hosni's avatar - hosni
                        Escondido, CA
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                        December 31, 2001
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                        Posted: January 29, 2012, 2:03 pm - IP Logged

                        truck drivers pay higher diesel prices to deliver lumber , and passed that cost to the lumber owners who jacked up the price of paper, thus the lottery officials had to payer higher prices for paper, and you end up eating the cost.

                        Good assumasion Somer dude. A trickle down activity.

                        Retired Grumman Aerospace Corporation F-14 Tomcat AVIONICS Field Engineer Extraordinaire

                          RJOh's avatar - chipmunk
                          mid-Ohio
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                          March 24, 2001
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                          Posted: January 29, 2012, 7:28 pm - IP Logged

                          For a $1 more per ticket:

                          1. The game will start at 40 million after a hit

                          2. an 0+1 hit will pay $4 instead of $3

                          3. a 5+0 hit will pay $1 million instead of $200,000.

                          (they eliminated the kicker)

                          In 2011 there were approx. 546 -  5+0 winners. 

                          In 2011 there were approx. 546 -  5+0 winners. 

                          Early indicators are there won't be as many winners in 2012 unless the same number of tickets as in 2011 are sold.

                          * that which happens most *
                          * is most likely to happen again *
                           

                          Thumbs Up



                            Member #0
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                            Posted: January 29, 2012, 7:54 pm - IP Logged

                            Good assumasion Somer dude. A trickle down activity.

                            i was joking...ha ha

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                              Kentucky
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                              February 14, 2006
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                              Posted: January 30, 2012, 8:09 am - IP Logged

                              In 2011 there were approx. 546 -  5+0 winners. 

                              Early indicators are there won't be as many winners in 2012 unless the same number of tickets as in 2011 are sold.

                              If the same number of tickets are sold, there should be 273 5+0 winners because the odds are still the same, but each ticket now will be worth $1 million. The ads are saying "bigger jackpots with more millionaires" which is true because without winning the jackpot, we couldn't win $1 million on a $1 ticket.

                              While 546 5+0 winners seems like a lot, when you look at the odds against, it's only 0.000019% of all the tickets sold.