You last visited May 25, 2013, 8:35 pm All times shown are Eastern Time (GMT-5:00) | Could We Use Another Big Game Lottery?? United States Member #111467 May 25, 2011 6323 Posts Offline
| | Posted: August 6, 2012, 1:12 pm - IP Logged | |
So any dreams of having a third national lottery system, are basically being flushed down the toilet?  
| | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 14899 Posts Offline | | Posted: August 6, 2012, 1:18 pm - IP Logged | |
LOL. I have a question.............. Who told the government they were the ONLY ones allowed to run a lottery?? Why cant we have private run lotteries that return most of the money instead of keeping it? | | |
United States Member #111467 May 25, 2011 6323 Posts Offline
| | Posted: August 6, 2012, 1:23 pm - IP Logged | |
I think it might have been her.  
| | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 14899 Posts Offline | | Posted: August 6, 2012, 1:25 pm - IP Logged | |
OH, I thought it may have been "BIG SIS" but you may be right....... 
| | |
Kentucky United States Member #33045 February 14, 2006 4190 Posts Offline | | Posted: August 6, 2012, 3:27 pm - IP Logged | |
So any dreams of having a third national lottery system, are basically being flushed down the toilet?  
Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought. There are other smaller jackpot games like Decades of Dollars that is played in more than one state and PB has a couple of multi-state games too. All of those games are pooling the jackpots and the jackpot winnings come from those pools, but the secondary prizes are paid by the state where the ticket was sold. At least two state lotteries are now offering online play and eventually several states will. It's possible the necessary legislation will be passed making it legal for players living in one state to play in another. It won't create a National lottery but will give some players the option of playing different games in other states from their homes. | | |
United States Member #111467 May 25, 2011 6323 Posts Offline
| | Posted: August 6, 2012, 3:54 pm - IP Logged | |
Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought. There are other smaller jackpot games like Decades of Dollars that is played in more than one state and PB has a couple of multi-state games too. All of those games are pooling the jackpots and the jackpot winnings come from those pools, but the secondary prizes are paid by the state where the ticket was sold. At least two state lotteries are now offering online play and eventually several states will. It's possible the necessary legislation will be passed making it legal for players living in one state to play in another. It won't create a National lottery but will give some players the option of playing different games in other states from their homes. Poor choice of words on my part, should have referred to as Multi-State Lotteries.  | | |
mid-Ohio United States Member #9 March 24, 2001 15970 Posts Online | | Posted: August 6, 2012, 4:26 pm - IP Logged | |
Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought. There are other smaller jackpot games like Decades of Dollars that is played in more than one state and PB has a couple of multi-state games too. All of those games are pooling the jackpots and the jackpot winnings come from those pools, but the secondary prizes are paid by the state where the ticket was sold. At least two state lotteries are now offering online play and eventually several states will. It's possible the necessary legislation will be passed making it legal for players living in one state to play in another. It won't create a National lottery but will give some players the option of playing different games in other states from their homes. Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought. If your idea of a national lottery games is buying a winning ticket in California and cashing it in New York then there will never be a national game. Buying a winning ticket in California and getting a check from California that you can cash in New York is as close as it will ever get. * The fundamentals of winning a lottery jackpot * * play a lottery you can win *
| | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 14899 Posts Offline | | Posted: August 6, 2012, 4:32 pm - IP Logged | |
Poor choice of words on my part, should have referred to as Multi-State Lotteries.  Regardless, all gov. run lotteries will all be monopolized and all run the same. It is illegal in the private sector but seems perfectly acceptable for the gov. to do it all they want. Someone had to give them permission. I want to see the permission slip. | | |
United States Member #111467 May 25, 2011 6323 Posts Offline
| | Posted: August 6, 2012, 4:56 pm - IP Logged | |
| | |
5+1 Winner Arizona United States Member #116287 September 7, 2011 14899 Posts Offline | | Posted: August 6, 2012, 6:43 pm - IP Logged | |
WELL IT LOOKED REAL TO ME>>>>>>>>>>>> 
| | |
Texas United States Member #86178 January 30, 2010 1017 Posts Offline | | Posted: August 6, 2012, 9:17 pm - IP Logged | |
In my opinion, we probably could use another national game of some type. However, seeing as to how players have next to no real chance at winning the active one's, the new game needs to be reasonably easier to win so more people can experience wealth. I don't see where allowing more frequent winners, with a much lower jackpot amount, would hurt because they have two other money-makers already pulling in the dough. In addition, the the states have their own jackpot and daily games which make profits along with scratch-offs etc. I don't see where sharing the wealth could be bad...after all, the money would go right back into the economy and recirculate. Seems pretty simple to a guy like me. L.L. | | |
upstate NY United States Member #108819 March 31, 2011 434 Posts Offline | | Posted: August 6, 2012, 10:18 pm - IP Logged | |
It's like a Pumpi thread, but with a cast of characters that's only slightly less insane. If you're looking to start a lottery game to rival the two big ones in terms of jackpot size, I'm not sure the market can support a third big game. You'd probably be better off with a game with smaller jackpots (say, a million dollars) but better odds (say, a 5/35 or 5/39 matrix). If you can show that multiple jackpots can be won with every drawing, you just might get a popular game.
You would have to be careful to get the details right. NY's Sweet Million, a game with a million dollar jackpot, is not doing well. However, the details are all wrong. The odds are completely unrealistic; the 6/40 matrix is more appropriate for a multi-million dollar game. The lower-tier prizes are also out of whack, paying out $500, $40, and $3 for matching 5, 4, and 3 numbers out of 6, respectively. In order to be successful, the lower-tier prizes would have to be competitive with the two big games, perhaps even better. I haven't done the math, so I don't know if any of this would be financially feasible, but it's something to consider. | | |
United States Member #111467 May 25, 2011 6323 Posts Offline
| | Posted: August 7, 2012, 6:05 am - IP Logged | |
No more room for a third guy ehh?.......Nyuk, Nyuk, Nyuk.  
| | |
Texas United States Member #56363 October 23, 2007 2424 Posts Offline | | Posted: August 7, 2012, 8:20 am - IP Logged | |
It's like a Pumpi thread, but with a cast of characters that's only slightly less insane. If you're looking to start a lottery game to rival the two big ones in terms of jackpot size, I'm not sure the market can support a third big game. You'd probably be better off with a game with smaller jackpots (say, a million dollars) but better odds (say, a 5/35 or 5/39 matrix). If you can show that multiple jackpots can be won with every drawing, you just might get a popular game.
You would have to be careful to get the details right. NY's Sweet Million, a game with a million dollar jackpot, is not doing well. However, the details are all wrong. The odds are completely unrealistic; the 6/40 matrix is more appropriate for a multi-million dollar game. The lower-tier prizes are also out of whack, paying out $500, $40, and $3 for matching 5, 4, and 3 numbers out of 6, respectively. In order to be successful, the lower-tier prizes would have to be competitive with the two big games, perhaps even better. I haven't done the math, so I don't know if any of this would be financially feasible, but it's something to consider. Hot Lotto which is part of MUSL...Powerball comglomerate. I wouldn't mind Hot Lotto being available nationwide. Even though Texas sells Powerball, we don't have Hot Lotto. Not sure why. It seems to only be available in states that originally had Powerball. CAN'T WIN IF YOU'RE NOT IN A DOLLAR AND A DREAM (OR $2)
| | |
Kentucky United States Member #33045 February 14, 2006 4190 Posts Offline | | Posted: August 7, 2012, 11:32 am - IP Logged | |
It's like a Pumpi thread, but with a cast of characters that's only slightly less insane. If you're looking to start a lottery game to rival the two big ones in terms of jackpot size, I'm not sure the market can support a third big game. You'd probably be better off with a game with smaller jackpots (say, a million dollars) but better odds (say, a 5/35 or 5/39 matrix). If you can show that multiple jackpots can be won with every drawing, you just might get a popular game.
You would have to be careful to get the details right. NY's Sweet Million, a game with a million dollar jackpot, is not doing well. However, the details are all wrong. The odds are completely unrealistic; the 6/40 matrix is more appropriate for a multi-million dollar game. The lower-tier prizes are also out of whack, paying out $500, $40, and $3 for matching 5, 4, and 3 numbers out of 6, respectively. In order to be successful, the lower-tier prizes would have to be competitive with the two big games, perhaps even better. I haven't done the math, so I don't know if any of this would be financially feasible, but it's something to consider. I'll bet some of the same ideas for multi-state lottery games being discussed here were discussed at MUSL meetings. MUSL currently has six multi-state games including MM and PB. Hot Lotto is played in 14 states and in D.C., Wild Card 2 is played in four less populated states, 2by2 is played in three states, and MegaHits is a slot machine type game played in casinos in three states. Those four games all have smaller jackpots but it still gives the players the chance to win a nice jackpot with better odds in states without jackpot games. Wild Card 2 is a twice a week 5/31 + 1/16 game with a current jackpot of $440.000 and overall odds of 1 in 6.16 of winning something. In the past, MUSL tried nine other multi-state games so the idea of creating a third large jackpot games has probably been discussed many times by the membership. | | |
|