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Mega Million Lottery Pool - Game 28

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Welcome to the 28th edition of the Mega Million Lottery Pool. 

In my last game (Game 27) I had 57 Members with $640.00 collected. 64 Shares being sold. 

I lost 14 people.  Only 2 of the 14 told me they were not playing in the next game.  12 of the 14 assured me they would mail me a check or get the money to me before the ending date.

43 people who played in Game 27 are playing in Game 28.  That is a 78% retention rate.  What that means if you play with me in this game, there is a 78% chance you will play in my next game.

I did get 8 new members, 2 rejoins, and I purchased two ½ shares for a pending sale.  (We had $590.00, so with two ½ shares purchase, I was able to spend $600.00 in tickets.)

Now by next Tuesday, I will know if the two people who were interested will pay me, and the Membership List will be updated.  If they are not, then I will be purchasing the shares.  Either way the Membership will be update, but the money and shares will NOT change.

Your game starts tonight, and you have 30 tickets all megaplied. I used many of the numbers from our last game, that didn’t win, and Ms. Tiffany T. Treadway-Currey supplied me with two lines.  Yes, you can give me numbers to play.

You have 30 numbers ($600.00) that are good from Friday, October 20, 2006 to Tuesday, November 21st, 2006

As long as our winnings are $599 or less, then I can pick up the money and buy us more tickets.  I reserve the right to Cash Out of any game, but my games are so large now that has never happened.  We would have win $600 or more for me to Cash Out.

Now with are winnings I can either buy us tickets that will expire with our existing tickets (November 21st), or I can buy us 10 draws to extend the game.  While the Jack Pot is small, I may extend the game.  If the Jack Pot gets large, I my buy us more tickets with less draws.

What I look for is Cash Option Value of $60 Million.  We have 60 shares sold, so those members who purchase 1 share would get $1 Million.  That is a lot of money.

You may or may not know that the $55 Million was won on Tuesday, October 17th, 2006 to some one in Washington.  So, this game is starting from the bottom.  The current Jack Pot is worth $12 Million, the Cash Option (I get this from www.ohiolottery.com) is worth $6,972,696.00.  All figures you see below are before any attorney fees, taxes, or tithes:

                              
   

Number so Shares Purchased

   
   

Amount you Could Win

   
   

.5

   
   

$ 58,105.80

   
   

1

   
   

$ 116,211.60

   
   

1.5

   
   

$ 174,317.40

   
   

2

   
   

$ 232,423.20

   

 

I usually don’t put quotes or jokes on the fist newsletter.  The first newsletter is so large; I have to cut down where I can. Now, I don’t really want us to win tonight, nor do I want anyone else to win.  I want the Jack Pot to get big.  But, I kind of hope we win $150.00 with the Mega Ball being 3 = $350.00!

Good Luck, and thanks for playing.

 

 
Entry #71

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