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Powerball Lottery States Vote to Change Game

PowerballPowerball: Powerball Lottery States Vote to Change Game

The 29 lotteries that participate in the Powerball game have voted to make changes that will boost the average jackpot size, but also will boost the odds of winning.

Starting Aug. 29, the beginning jackpot will increase to $15 million from the current $10 million, the Multi-State Lottery Association announced Wednesday. The top prize will grow by no less than $5 million between each drawing.

"Lottery games need to be changed from time to time, to respond to both player demands and population changes," said Randy Davis, president of the Louisiana Lottery Corp. and chairman of the Powerball Game Group.

To boost the jackpot size, two numbers will be added to the first pool in the game, meaning players will choose five numbers from one to 55. The current first draw picks five white balls from a pool of 53.

The Powerball is drawn from a separate pool of red balls numbered from one to 42. That will not change.

The larger number of white balls boosts the jackpot odds to 1 in 146.1 million. The current game has jackpot odds of 1 in 120.5 million.

Ed Stanek, Iowa Lottery chief executive and one of Powerball's co-inventors, said the changes are part of a popular product's evolution.

"Players tell us they expect large jackpots in the game and we will continue to deliver those," Stanek said.

The odds of winning a cash prize in the game will increase only slightly, to 1 in 36.60 from 1 in 36.06, lottery officials said.

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60 comments. Last comment 12 years ago by LOTTOMIKE.
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United States
Member #1826
July 11, 2003
2645 Posts
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Posted: April 6, 2005, 5:02 pm - IP Logged

I said 5/55 + 1/40. They say they going to do 5/55 + 1/42. I was half right.

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    ineed9million's avatar - scene sunovermountains.jpg
    Philadelphia, PA
    United States
    Member #11436
    February 13, 2005
    176 Posts
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    Posted: April 6, 2005, 5:06 pm - IP Logged

    I like it.  No formula is going to make everyone happy, but this suites me just fine.  It will only take two draws to increase the jackpot to 25M.  An amount that has only been achieved twice this entire year! 

      weshar75's avatar - Lottery-042.jpg
      Mcminnville, Oregon
      United States
      Member #3013
      December 13, 2003
      3051 Posts
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      Posted: April 6, 2005, 5:06 pm - IP Logged

      I like the changes and I hope it leads to higher jackpots that powerball has been having lately.

        DoctorEw220's avatar - alien helmet.jpg
        Yinzer Country, PA
        United States
        Member #4067
        March 18, 2004
        2741 Posts
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        Posted: April 6, 2005, 5:10 pm - IP Logged

        i think it will. now that they are raising the starting jackpot, increasing the matrix (even though they should have increased the number of powerballs to choose from), and increasing the minimum rollover, they should have no problem getting the jackpot back up into the $100 million range.

        I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

          DoctorEw220's avatar - alien helmet.jpg
          Yinzer Country, PA
          United States
          Member #4067
          March 18, 2004
          2741 Posts
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          Posted: April 6, 2005, 5:12 pm - IP Logged

          and it will take only 17 draws (maximum) for the jackpot to get back to $100 million.

          I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

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            United States
            Member #1826
            July 11, 2003
            2645 Posts
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            Posted: April 6, 2005, 5:43 pm - IP Logged

            I just hope they raise the lower prize amounts. They didn't when they went to the current format.

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              DoctorEw220's avatar - alien helmet.jpg
              Yinzer Country, PA
              United States
              Member #4067
              March 18, 2004
              2741 Posts
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              Posted: April 6, 2005, 6:06 pm - IP Logged

              they will need to do so. winning $100,000 for matching 5 of 55 is way too little for the odds.

              I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

                Avatar

                United States
                Member #1826
                July 11, 2003
                2645 Posts
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                Posted: April 6, 2005, 6:38 pm - IP Logged
                O.K. Now this is a "realistic" proposal. Somewhere between a rip-off (PA Lucky For Life) and a complete bank-breaker (doesn't exist).
                • 5 & Powerball: Jackpot (Of Course)
                • 5 (No Powerball) : $200,000
                • 4 & Powerball: $10,000
                • 4 (No Powerball): $200
                • 3 & Powerball: $200
                • 3 (No Powerball): $10
                • 2 & Powerball: $10
                • 1 & Powerball: $4
                • 0 & Powerball: $3
                May I also suggest the removal of the Match 5 Bonus Pool which limits jackpot growth to $25,000,000 per draw. Especially now, considering that with PowerPlay multiplier of x5, matching 5 with no Powerball would still net $1,000,000, and that's every draw.

                (insert signature here)

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                  New Member

                  United States
                  Member #2100
                  August 18, 2003
                  15 Posts
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                  Posted: April 6, 2005, 7:14 pm - IP Logged

                  The upcoming powerball change includes increasing the match 5 amount to $200,000.


                    United States
                    Member #379
                    June 5, 2002
                    11296 Posts
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                    Posted: April 7, 2005, 10:58 am - IP Logged

                    The press release said nothing about changes to the lower tier prizes.

                    I thought PB would go for longer odds than 1 in 146 million. At least the starting jackpot and initial increases will be higher.

                      Todd's avatar - Cylon 2.gif
                      Chief Bottle Washer
                      New Jersey
                      United States
                      Member #1
                      May 31, 2000
                      23266 Posts
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                      Posted: April 7, 2005, 11:26 am - IP Logged
                      Quote: Originally posted by CASH Only on April 7, 2005



                      ...I thought PB would go for longer odds than 1 in 146 million....





                      I'm glad they didn't.

                       

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                        United States
                        Member #434
                        June 30, 2002
                        675 Posts
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                        Posted: April 7, 2005, 12:44 pm - IP Logged
                        Quote: Originally posted by JimmySand9 on April 6, 2005


                        May I also suggest the removal of the Match 5 Bonus Pool which limits jackpot growth to $25,000,000 per draw. Especially now, considering that with PowerPlay multiplier of x5, matching 5 with no Powerball would still net $1,000,000, and that's every draw.


                        But the Match 5 Bonus has never even been reached. Almost made it twice, but it was hit right before it would have went into effect. Although limits aren't ideal, when you are getting up to $350 Million, I don't think it's such a bad idea. It spreads the wealth around. And goodness, if you can't live on $350 Million vs. say $400 or $450 Million, then you have a serious problem. lol
                          Avatar

                          United States
                          Member #1826
                          July 11, 2003
                          2645 Posts
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                          Posted: April 7, 2005, 12:48 pm - IP Logged
                          Quote: Originally posted by smd173 on April 7, 2005

                          Quote: Originally posted by JimmySand9 on April 6, 2005

                          May I also suggest the removal of the Match 5 Bonus Pool which limits jackpot growth to $25,000,000 per draw. Especially now, considering that with PowerPlay multiplier of x5, matching 5 with no Powerball would still net $1,000,000, and that's every draw.




                          But the Match 5 Bonus has never even been reached. Almost made it twice, but it was hit right before it would have went into effect. Although limits aren't ideal, when you are getting up to $350 Million, I don't think it's such a bad idea. It spreads the wealth around. And goodness, if you can't live on $350 Million vs. say $400 or $450 Million, then you have a serious problem. lol


                          Keep in mind that I'm trying to find something satisfies the lotteries and the players. And big jackpots mean big excitement for players, as well as big profits for the lotteries. The faster it grows, the more exciting the game gets. Anyway, I could live on $4,000,000 (cash, after taxes) easily.

                          (insert signature here)

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                            Knoxville
                            United States
                            Member #13510
                            April 7, 2005
                            89 Posts
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                            Posted: April 7, 2005, 6:06 pm - IP Logged

                            The current odds of 120m-to-1 are depressing as it stands and odds of 146m-to-1 are rediculous at best.  Even the Mega Millions is better at 130m-to-1 which has been described as infinitesimal by statisticians.  We just got the lottery last year and I was buying 2-20 tickets depending on the pot, but now I will never buy more than a couple at a time and only when the jackpots are 100+ million or I may just play my wife's single number and be done with it.  Other than that I plan to pay more attention to the smaller multi-state lotteries (lotto south) that I have a 10x better chance of winning.  I would much rather participate in a 10-20 million dollar lottery where buying 10 tickets is equivalent to buying 105 powerball tickets.  I hope the powerball officials are not doing this just because the numbers were hit early a few times, because that can happen again at 146m-to-1 and if it does are they going to raise them again.  I don't think the public needs to have 200-400 million dollar jackpots to be attracted to the lottery.  People buy tickets when they see the jackpot is on the high-side no matter what that may be (it doesn't need to be an astronomical amount).