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Eastern Time (GMT-5:00) | Home -> Forums -> Lottery Discussion -> i can't imagine powerball reaching 500 million... i can't imagine powerball reaching 500 million...Previous TopicNext Topickings mountain United States Member #118682 November 5, 2011 131 Posts Offline | | Posted: February 7, 2012, 10:26 pm - IP Logged | |
if it does it will be in a state like vermont, iowa, north dakota, south dakota, maine, new hampshire, idaho, washington state, minnesota. | | |
Take The Money And Run Hooksett, NH United States Member #111467 May 25, 2011 1704 Posts Offline | | Posted: February 7, 2012, 11:41 pm - IP Logged | |
if it does it will be in a state like vermont, iowa, north dakota, south dakota, maine, new hampshire, idaho, washington state, minnesota. You are correct, that would be the "Live Freeze Then Die" state of NH that pulls it off.  MONEY is the root of all Easy lifestyle, Volunteerism in community, Instant immunity from poverty, Living & giving large.  | | |
mid-Ohio United States Member #9 March 24, 2001 13923 Posts Offline | | Posted: February 8, 2012, 2:06 am - IP Logged | |
Now that the tickets are $2 per play and the lower tiers prizes didn't double, reaching a $500M jackpot should be as easy as reaching a $250M jackpot was before and as before the states selling the most tickets will probably win the most. * that which happens most *
* is most likely to happen again * 
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Zeta Reticuli Star System United States Member #30849 January 17, 2006 7287 Posts Offline | | Posted: February 8, 2012, 11:08 am - IP Logged | |
When California joined Mega Millions the newspapers ran headlines of 'Possible $500 Million Dollar Jackpots.' I think that was 2005 or so. Hasn't even been close ever since. Going by that, with PB starting at $40M instead of MM $12M, that's not really that big of a gap. As the jackpots get bigger play increases, so we shall see. 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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mid-Ohio United States Member #9 March 24, 2001 13923 Posts Offline | | Posted: February 8, 2012, 11:21 am - IP Logged | |
When California joined Mega Millions the newspapers ran headlines of 'Possible $500 Million Dollar Jackpots.' I think that was 2005 or so. Hasn't even been close ever since. Going by that, with PB starting at $40M instead of MM $12M, that's not really that big of a gap. As the jackpots get bigger play increases, so we shall see. With number of top MM winnners California has had lately, if they were paying out fixed amounts same as other MM states, they might have gone broke and quit the game by now. * that which happens most *
* is most likely to happen again *
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British Columbia Canada Member #116120 September 4, 2011 996 Posts Offline | | Posted: February 8, 2012, 12:57 pm - IP Logged | |
When California joined Mega Millions the newspapers ran headlines of 'Possible $500 Million Dollar Jackpots.' I think that was 2005 or so. Hasn't even been close ever since. Going by that, with PB starting at $40M instead of MM $12M, that's not really that big of a gap. As the jackpots get bigger play increases, so we shall see. yeah but PB is $2 per so double the possibility to reach $500M I would think "You have to be in it to win it!" | | |
Washington State United States Member #34373 February 26, 2006 323 Posts Offline | | Posted: February 8, 2012, 3:03 pm - IP Logged | |
That would be true if they still kept selling the same number of tickets. But that's not happening, as I understand it. | | |
egg harbor twp.south jersey shore United States Member #112990 June 29, 2011 1379 Posts Offline | | Posted: February 8, 2012, 3:41 pm - IP Logged | |
Now that the tickets are $2 per play and the lower tiers prizes didn't double, reaching a $500M jackpot should be as easy as reaching a $250M jackpot was before and as before the states selling the most tickets will probably win the most. yes, its not a matter of if, its a matter of when. Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D. | | |
adelaide sa Australia Member #37542 April 11, 2006 1727 Posts Offline | | Posted: February 8, 2012, 5:36 pm - IP Logged | |
if half the number of tickets are being bought to drive up jackpot the same amount. then say a $40 mill climb in jackpot needs sales of 80 M ticlets @0.50c per to jackpot currently. in old would have had to sell 160 mill tickets, @0.25c per ticket towards jackpot. so same jackpot increase but only 80 mill tickets bought as opposed to 160 mill, theres a good chance of another jackpot, as opposed to old syster where 160 mill tickets could have been bought. im not saying those are the numbers just using as example of how even tho the jackpot goes up the same it may welll be a lot longer for winners to show up. i magine the real stats are something similar to my example, just not as simplistic.
mon/ lotto [27] 38 tue/oz lotto [] wed/ lotto [ ] thu / power ball[1.65] sat/ lotto [] sat /pools [18.30] keno [112] 66 scratchers [ ]
jan loss [171.90], profit 49.25 ; feb loss [ 125.90 ], profit 168.25 ; march loss [151.25] profit 4 ;april loss [250.90] profit 64 | | |
Mcminnville, Oregon United States Member #3070 December 13, 2003 1516 Posts Offline | | Posted: February 8, 2012, 5:58 pm - IP Logged | |
I am thinking that we are about 4 rolls away from $500 million so we are close. Just have to lose until then and half a billion will be a new record.-weshar75 | | |
nc United States Member #99550 October 26, 2010 81 Posts Offline | | Posted: February 8, 2012, 7:02 pm - IP Logged | |
Statistically speaking with runs that have gone on for 8+ rolls, it is a very great likelyhood that you will get to see 500+ million. | | |
Zeta Reticuli Star System United States Member #30849 January 17, 2006 7287 Posts Offline | | Posted: February 8, 2012, 7:33 pm - IP Logged | |
yeah but PB is $2 per so double the possibility to reach $500M I would think LottoGuyBC, If the reaction on this board to the price increase indicates anything wouldn't less people be playing? 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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Florida United States Member #121208 January 4, 2012 761 Posts Offline | | Posted: February 8, 2012, 8:12 pm - IP Logged | |
LottoGuyBC, If the reaction on this board to the price increase indicates anything wouldn't less people be playing? C.T. I am not sure if its less people playing or people playing less or people playing less $$ Jackpots...Just Average Citizens Keeping Possibilities Open Towards Security  | | |
Take The Money And Run Hooksett, NH United States Member #111467 May 25, 2011 1704 Posts Offline | | Posted: February 8, 2012, 8:15 pm - IP Logged | |
I am thinking that we are about 4 rolls away from $500 million so we are close. Just have to lose until then and half a billion will be a new record.-weshar75 If I were to win $500,000,000.00, I would like to re-invest it ALL back into the Powerball. Every last dime would go for 500,000,000 quick pick's. I might have to rent a tractor trailer to haul away that many tickets. All this lottery fever is making me so tired. nite nite  MONEY is the root of all Easy lifestyle, Volunteerism in community, Instant immunity from poverty, Living & giving large. | | |
New Member
Arlington, TX United States Member #121706 January 15, 2012 15 Posts Offline | | Posted: February 8, 2012, 8:32 pm - IP Logged | |
It is time for a Texas winner. I live in Texas. The Texas Lottery is giving away free PB numbers.... actually, its spend $10 on PB, receive 1 free game w/ PP. Remember, I think its fixed. I should win. lol | | |
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