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$170 MILLION: Mega Millions lottery jackpot raised

Topic closed. 61 replies. Last post 8 years ago by Texas Joey.

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NY
United States
Member #23835
October 16, 2005
3502 Posts
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Posted: December 10, 2008, 12:58 pm - IP Logged

Looking at the past year I'm a bit surprised they bumped it that high. The $30 million increase last May had actual ticket sales of just over 59 million.  With the higher cash value, this increase of 37 million would be equivalent to  an increase of almost 42 million last May, and will require sales of about  78 million tickets. That's 32% more than sales for similar annuity jackpots last May. Last February an advertised jackpot of 220 million had sales of 77 million tickets. The cash value of that jackpot was roughly $10 million less than the current cash value, but I doubt the typical player has a clue about that. Whether it's the cheap gas, the economy, Christmas (probably a bit of all 3), or something else, MM sales aren't hurting.

    Texas Joey's avatar - Lottery-009.jpg
    Katy, Tx
    United States
    Member #67709
    December 3, 2008
    204 Posts
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    Posted: December 11, 2008, 1:46 am - IP Logged

    Hurray!I certainly want someone on this site to win!!! It would be a wonderful Christmas to win the Mega Millions Game.  LOL ALLSmiley Santa

    Texas Joey