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Mar 29, 2006, 9:37 pm (5 comments)
The jackpot in the multi-state Mega Millions lottery game has climbed again past the $100 million mark.
None of the tickets sold for Tuesday's drawing matched all five lotto numbers and the Mega Ball. The jackpot is now at $117 million and the next drawing will be Friday night.
There were four second-prize winners from Tuesday's drawing: 1 from California, 1 from New Jersey, and 2 from New York. Each ticket matched all five lotto numbers but not the Mega Ball number to win $250,000.
The California second prize winner will receive $265,331 because California does not award fixed prize amounts like the other Mega Millions states.
Also, there 25 third prize winners, who matched four white numbers plus the Mega Ball number. Those tickets are worth $10,000.
The California third prize tickets are worth $18,090 each.
The winning numbers were: 14, 18, 35, 39 and 49. The Mega Ball number was 14.
The Texas Megaplier was 4.
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The Texas Megaplier was 4.
Maybe one day the megaplier will be available to us all, not just Texas.
Can't these MM States see the popularity and excitement of the multiplier in the Powerball States ??
The Texas Megaplier was 4.
Maybe one day the megaplier will be available to us all, not just Texas.
Can't these MM States see the popularity and excitement of the multiplier in the Powerball States ??
From what I've seen it looks like only about 20% of players choose the power play option, so I'm not sure that qualifies as popularity. It obviously doesn't cause much excitement for the 80% who don't bother with it. I htink that makes the proper question "do the other states see it as a money maker"?
I figure that some of the people who choose power play buy the same number of tickets they'd buy if power play wasn't an option, so those people spend twice as much on tickets. Other people spend the same amount, and buy fewer tickets since each ticket costs $2 instead of $1. States make more money on the first group and the same amount on the second group, but because the second group is buying fewer tickets they're contributing less money to the jackpot, and that can reduce the number of people who buy all those tickets without power play. Depending on what percentage of people are in each of the two categories, power play and the megaplier might actually lose money, even though the states skim the same 50% off the top. I can only guess that most of the MM states don't expect a significant increase from adding the megaplier.
The Texas Megaplier was 4.
Maybe one day the megaplier will be available to us all, not just Texas.
Can't these MM States see the popularity and excitement of the multiplier in the Powerball States ??
From what I've seen it looks like only about 20% of players choose the power play option, so I'm not sure that qualifies as popularity. It obviously doesn't cause much excitement for the 80% who don't bother with it. I htink that makes the proper question "do the other states see it as a money maker"?
I figure that some of the people who choose power play buy the same number of tickets they'd buy if power play wasn't an option, so those people spend twice as much on tickets. Other people spend the same amount, and buy fewer tickets since each ticket costs $2 instead of $1. States make more money on the first group and the same amount on the second group, but because the second group is buying fewer tickets they're contributing less money to the jackpot, and that can reduce the number of people who buy all those tickets without power play. Depending on what percentage of people are in each of the two categories, power play and the megaplier might actually lose money, even though the states skim the same 50% off the top. I can only guess that most of the MM states don't expect a significant increase from adding the megaplier.
KY, I hear what you are saying, but at the same time, I bet the people that selected powerplay when the 10x came out a couple of weeks ago are glad they did. If I remember correctly, there were a couple of winners that turned 200,000 into 2 million.
The Texas Megaplier was 4.
Maybe one day the megaplier will be available to us all, not just Texas.
Can't these MM States see the popularity and excitement of the multiplier in the Powerball States ??
From what I've seen it looks like only about 20% of players choose the power play option, so I'm not sure that qualifies as popularity. It obviously doesn't cause much excitement for the 80% who don't bother with it. I htink that makes the proper question "do the other states see it as a money maker"?
I figure that some of the people who choose power play buy the same number of tickets they'd buy if power play wasn't an option, so those people spend twice as much on tickets. Other people spend the same amount, and buy fewer tickets since each ticket costs $2 instead of $1. States make more money on the first group and the same amount on the second group, but because the second group is buying fewer tickets they're contributing less money to the jackpot, and that can reduce the number of people who buy all those tickets without power play. Depending on what percentage of people are in each of the two categories, power play and the megaplier might actually lose money, even though the states skim the same 50% off the top. I can only guess that most of the MM states don't expect a significant increase from adding the megaplier.
KY, I hear what you are saying, but at the same time, I bet the people that selected powerplay when the 10x came out a couple of weeks ago are glad they did. If I remember correctly, there were a couple of winners that turned 200,000 into 2 million.
IIRC nobody won $2 million. It won't happen unless the 10x is brought back.
I bought my MM ticket this morning for the win Alex! Yep, will still be travelling to VA for my MM tickets. It's a good drive to clear out your head and think about what I am going to be doing with my new found wealth.