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Powerball lottery fever hits the USA

Topic closed. 39 replies. Last post 11 years ago by CASH Only.

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Todd's avatar - Cylon 2.gif
Chief Bottle Washer
New Jersey
United States
Member #1
May 31, 2000
23260 Posts
Online
Posted: October 17, 2005, 4:18 pm - IP Logged

I hope the jackpot rolls over and breaks the North American jackpot record holder of 363 millions set by Mega Millions [formely The Big Game]. Lots of people are going to gamble with the largest jackpot in PB history.

You realize that if it rolls on Wendsday that the pot will be 365 but still below the record thanks to Powerballs inflated annuity. The cash prize will be around 176 million which may only place it as the third largest unless it's more than 176.7 million. The only record Powerball seems intrested in is the largest second prize.

Fortunately, the record is based on the annuity, not the cash, so it will indeed be the North American record if it rolls Wednesday.

 

Check the State Lottery Report Card
What grade did your lottery earn?

 

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    United States
    Member #1826
    July 11, 2003
    2645 Posts
    Offline
    Posted: October 17, 2005, 6:00 pm - IP Logged

    If I win, great.

    If I don't win:

    LET

    IT

    ROLL!!!!!!!!!!!!!!!

    (insert signature here)

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      Whitwell, TN
      United States
      Member #5461
      July 5, 2004
      56 Posts
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      Posted: October 17, 2005, 6:32 pm - IP Logged

      My cat Daisy told me tonight that when we win on Wendsday that she would like a sunroom with some couches and a fountain in it. Oh and I could have what ever I wanted too.

       

       

      good luck everyone!

       

      as always I'm destinedtowin.

        Avatar
        NY
        United States
        Member #23835
        October 16, 2005
        3474 Posts
        Offline
        Posted: October 17, 2005, 6:55 pm - IP Logged

        I hope the jackpot rolls over and breaks the North American jackpot record holder of 363 millions set by Mega Millions [formely The Big Game]. Lots of people are going to gamble with the largest jackpot in PB history.

        You realize that if it rolls on Wendsday that the pot will be 365 but still below the record thanks to Powerballs inflated annuity. The cash prize will be around 176 million which may only place it as the third largest unless it's more than 176.7 million. The only record Powerball seems intrested in is the largest second prize.

        Fortunately, the record is based on the annuity, not the cash, so it will indeed be the North American record if it rolls Wednesday.

        It  takes a lump sum of money to buy the annuity, so despite any claims to the contrary the advertised annuity jackpot is based on the cash available for purchasing the annuity. There is no such thing as the "cash value" of the prize, and the only thing that's actually based on the annuity value is the advertising. The only record that's being broken is for the largest  advertised jackpot.  If the lotteries were a private enterprise they'd probably have been sued for misleading advertising a long time ago.

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          Morrison, IL
          United States
          Member #4657
          May 13, 2004
          1884 Posts
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          Posted: October 17, 2005, 7:56 pm - IP Logged

            How is that misleading advertising?  It is perfectly legal for lotteries to invest jackpot prizes just so they can pay out a higher jackpot than they could all by themselves.

            I think it's respectful that they have a match 5 bonus pool - the Powerball folks just know when to say "enough is enough" - how much do lottery jackpot winners really need?

            dvdiva's avatar - 8ball

            United States
            Member #2338
            September 17, 2003
            2063 Posts
            Offline
            Posted: October 17, 2005, 8:14 pm - IP Logged

            Personally I think Mega Millions has the better approach with no cap and a much higher cash prize. The only way you'll get the whole amount is to play in Canada or Europe where you get the money tax free and in cash. The only thing that the states that participate in PB or MM will care about though is sales and we'll have to wait until MM goes on a roll before anyone can compare who's right.

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              Sparta, NJ
              United States
              Member #18331
              July 9, 2005
              1977 Posts
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              Posted: October 17, 2005, 9:42 pm - IP Logged

              My cat Daisy told me tonight that when we win on Wendsday that she would like a sunroom with some couches and a fountain in it. Oh and I could have what ever I wanted too.

               

               

              good luck everyone!

               

              as always I'm destinedtowin.

              You can buy this for Daisy - not much else, but she would be happy

              http://www.coldwellbankerpreviews.com/servlet/LoadPropertyProfile?propertyId=7972594#

               

              Cheers

              |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

              I only trust myself - and that's a questionable choice

                Todd's avatar - Cylon 2.gif
                Chief Bottle Washer
                New Jersey
                United States
                Member #1
                May 31, 2000
                23260 Posts
                Online
                Posted: October 17, 2005, 10:01 pm - IP Logged

                Al the talk about "no truth in advertising", etc., is a bunch of boloney.  You actually get the amount advertised if you choose annuity.  Anyone who thinks it's false advertising is just proving that they are sour grapes -- nothing else.

                 

                Check the State Lottery Report Card
                What grade did your lottery earn?

                 

                Sign the Petition for True Lottery Drawings
                Help eliminate computerized drawings!

                  Avatar
                  Greenwich, CT
                  United States
                  Member #4793
                  May 24, 2004
                  1822 Posts
                  Offline
                  Posted: October 17, 2005, 10:23 pm - IP Logged

                  A line of 22 people (yes, I counted) outside my gas station tonight!  Probably another 5-10 inside. 

                  It's Monday!  50 hours til the drawing!  All up and down US Route 1 inside Connecticut, lines of 10-15 people.  What will Wednesday bring?  I had a rough time trying to buy just my Cash 5 ticket, after I drove 6 miles away from the border!

                   

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                    new delhi
                    India
                    Member #22145
                    September 20, 2005
                    174 Posts
                    Offline
                    Posted: October 17, 2005, 10:40 pm - IP Logged

                    Good morning America!!

                    Its Tuesday here..all the best to all those playing for the big bucks.

                      nitabug's avatar - animaniacs07
                      Madisonville Kentucky
                      United States
                      Member #3754
                      February 18, 2004
                      21 Posts
                      Offline
                      Posted: October 17, 2005, 11:28 pm - IP Logged

                      Thanks Chewie for that fun site. When I win this week's Powerball I will have my new "homes" built by John Henry @ johnhenryarchitect.com   and while I wait I play on this virtual tour site http://www.homedebut.com/

                      My friends and I play a game with the home debut site. We each pick a state and then a number. The number is the home we get! You will understand once you get on this site. Have fun!

                        bellyache's avatar - 64x64a9wg

                        United States
                        Member #12618
                        March 18, 2005
                        2060 Posts
                        Offline
                        Posted: October 18, 2005, 12:11 am - IP Logged

                        Yep it's been Powerball fever here and the stores have been busy. I would not want to be a cashier during these times.

                        Dance like no one is watching.

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                          Louisville, KY
                          United States
                          Member #15734
                          May 20, 2005
                          203 Posts
                          Offline
                          Posted: October 18, 2005, 12:25 am - IP Logged

                          At least PB is still a TRUE drawing... I would hate to see what would happpen to the JP if it was computerized. This way we know someone, eventually, WILL hit it.

                            wizeguy's avatar - animaniacs04

                            United States
                            Member #15143
                            May 10, 2005
                            414 Posts
                            Offline
                            Posted: October 18, 2005, 6:55 am - IP Logged

                            I bought my ticket early Sunday am just across the state line. There was no line at all yet. Big Smile

                             

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                              Whitwell, TN
                              United States
                              Member #5461
                              July 5, 2004
                              56 Posts
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                              Posted: October 18, 2005, 7:01 am - IP Logged

                              Chewie, I showed that site to Daisy, she want to live in Tennessee. No hurricanes, and no earthquakes(at least not every other week). I think we decided to live on either Signal Mtn. or Lookout Mtn. Did I mentions she also wants a brownstone in the Lincoln Park district of Chicago.

                               

                               

                              good luck to all who play wensday!

                               

                              as always I'm Destinedtowin.