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N.D. Lottery wrestles with credit card buying options

Topic closed. 20 replies. Last post 9 years ago by justxploring.

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justxploring's avatar - villiarna
Wandering Aimlessly
United States
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November 5, 2005
4461 Posts
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Posted: December 7, 2007, 5:59 am - IP Logged

"Also, buying a 52 week subscription for Powerball does not allow for changes to the Powerball Matrix"

I have a question.  Why would anyone in his/her right mind want the matrix to increase?  There are around 10 winners a year.  There are approx 302M people in the United States.  In 20 years (not counting large pools) based on today's odds there will be about 200 or 250 more winners.  That's the size of a wedding and some seminars I've attended.   

So when people say they want higher odds, do they want them to change from astronomical to unfathomable?  Why?

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
    United States
    Member #30470
    January 17, 2006
    10353 Posts
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    Posted: December 7, 2007, 12:33 pm - IP Logged

    Ego. Winning a jackpot isn't enough, some people want it to be a record jackpot. 

    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

    Lep

    There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

      Avatar
      Kentucky
      United States
      Member #32652
      February 14, 2006
      7318 Posts
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      Posted: December 7, 2007, 3:23 pm - IP Logged

      I understand what you are saying rwsmes, but I don't think the horse race is a fair comparison.  If you bet on a horse, you are comparing him to the other horses.  Horse racing, car racing and sports teams don't randomly win.  They win based on breeding, the driver/engineering and athletic skills.  Sure there's some luck, both good & bad.

      I totally agree that adding numbers changes the game, but there have been plenty of wins with lower numbers.  The worst athlete doesn't ever win the race. 

      "Horse racing, car racing and sports teams don't randomly win."

      The difference is a horse or car's odds are based on their chances of winning the race against the other entries in that race and how much is bet on it. In lottery games we hear terms like hot, cold, due, or this or that numbers but in a random draw with 10 numbers each number has a 1 in 10 chance of being drawn. And adding more numbers does decrease the chance of a number being drawn.

      Once a racing card is set and the betting begins, I've never heard of them adding to it. If a horse can't start a race and is scratched, a refund is given and that ticket is worth what you had bet on that horse including all exotic bets you may have made; it's as if you never made that bet. In Daily Doubles a horse in the second race could be scratched after the results of the first race are in and for that they have a consolation payoff. It is based on how much was bet on the scratched horse and still gives you credit for picking the winner in the first race.

      If Powerball is anticipating a matrix change in the next year, ND shouldn't be selling 52 week subscriptions.

      "Bruce Brooks, of Minot, who is a critic of the lottery, said the state should not allow gambling on credit."

      Have you ever heard a critic say anything is a good idea?

        TexasDreams's avatar - Trek ROMSYM2.gif
        Houston, Texas
        United States
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        November 19, 2007
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        Posted: December 9, 2007, 12:17 am - IP Logged

        I'm against people running up credit card debt too.  I just wanted to make the point that just because someone chooses to charge an item on their credit card doesn't mean they're running up debt.

        There are millions of us (myself included) who pay off their credit cards every single month.  Some people use credit cards for the convenience.   I use mine to get the rewards points.  I get hundreds of dollars every year from my CC company just for charging everything I can.  Of course it wouldn't be worth it if I had to pay interest on what I charge, so I pay off the balance every month.

        As for allowing lottery tickets to be purchased on credit cards, I don't think it makes a whit of difference if retailers or the lottery commission allow it or not.  If someone wants to use their credit card for lottery they can just go to an ATM and get a cash advance against their credit card, or use one of those &*% "convenience" checks credit card companies send every month, and go buy all the lottery they want.  That charge goes right on their credit card, and there's nothing the lottery can do about it.  If people want to use their credit cards for lottery, they WILL find a way, and if they're the ones running up debt and paying interest every month, those extra fees won't faze them for a second.  The only people this rule prevents from buying lottery on credit cards are people who use their credit responsibly and refuse to pay the fees associated with cash advances and convenience checks. 

        If my state offered this subscription, I'd definitely use it.  First, because I could get my regular numbers for a full year and wouldn't have to mark my calendar every 5 weeks (which is the max you can buy at a retailer in Idaho) to remember to buy a new ticket.  Second, I'd use the subscription because it's an easy way to get those charges on my credit card and get my rewards $$$. 

        I have to agree, people who use their credit wisely should be allowed to use their credit cards, if a person wishes to use their credit cards for lotto purchases they will, either as cash advances or those credit checks! The same argument can be used to play or not to play the lotto as you have people who play responsibly and others who don't, just as you have people who manage their credit responsibly and others who don't.

        A few years ago, billionaire Warren Buffett advised  "Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful."

          tungsten chef's avatar - nw dwarf5.jpg
          Winnipeg
          Canada
          Member #14974
          May 7, 2005
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          Posted: December 9, 2007, 12:41 am - IP Logged

          I have to agree, people who use their credit wisely should be allowed to use their credit cards, if a person wishes to use their credit cards for lotto purchases they will, either as cash advances or those credit checks! The same argument can be used to play or not to play the lotto as you have people who play responsibly and others who don't, just as you have people who manage their credit responsibly and others who don't.

          tonight i went to the store to get my 6 49's. a fellow had 7$ worth of pick 3 tickets. was gonna pay with his visa, but the owner said no. i guess the bank charges the guy 22 cents for the transaction. anyway the fellow buying the tickets was hotter than a pistol. telling him to shove the tickets, i ain't coming here no more. was quite funny actually.

          banks. that's another topic. they always get paid first. i just noticed my online banking. you can veiw a cheque you wrote, but it will cost you 1.50!! the worst has to be places trying to suck you into buying accidental death insurance. some people actually buy this stuff. what a joke. you got less than a 50% chance of dying by accident, i think.

            justxploring's avatar - villiarna
            Wandering Aimlessly
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            Posted: December 11, 2007, 2:57 am - IP Logged

            I'm not familiar with Canadian banks, but if you get charged $1.50 to view your checks, I would check out other banks to see what they offer.  I don't understand why there would be any fee at all.