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Early talks for a joint Powerball-British lottery game

Topic closed. 39 replies. Last post 8 years ago by dvdiva.

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NY
United States
Member #23835
October 16, 2005
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Posted: February 16, 2009, 1:36 am - IP Logged

I was really pondering the bubble aspect of it from the inevitable drop in ticket sales when people realize how few and far between the jackpots are in their area.  Most people I know would not play any game after awhile if no jackpots are paid out anywhere near their area.

Heck the Mega Millions has been on for comming on 13 years and the closest win to here has been about 400 miles away.  Even the second prizes are few and far between.  There have been two awarded around here so that is 6 1/2 years between second prizes!  On top of that I have never heard of anyone around here getting $10,000 on Mega.  With the multi country game it would only get worse!  I am begining to believe a Mega Mill jackpot might come around here once every couple hundred years.  So it really wouldn't be worth trying to chase a multi country pot since that would be thousands of years before it hit anywhere near here.

The bubble would burst and down would come ticket sales, tax revenue and all.

It sounds like most of the people you know don't understand probability. The only way to have big payouts is to have odds that are overwhelmingly against you, and those odds are the only factor in your chances of winning. Where the winners have been located has absolutely nothing to do with your chances of winning. As for an "inevitable drop", even if everybody you know stops playing,  the bubble hasn't burst. Sales go up and down with various factors, but so far increased odds doesn't seem to be a significant limit to sales.

    truecritic's avatar - PirateTreasure
    Michigan
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    September 24, 2005
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    Posted: February 16, 2009, 8:47 am - IP Logged

    "Most people I know would not play any game after awhile if no jackpots are paid out anywhere near their area.

    Heck the Mega Millions has been on for comming on 13 years and the closest win to here has been about 400 miles away."

     

    You could move about 400 miles south-east and start buying tickets again if you think that helps your chances.

    LOL

      Think's avatar - lightbulb
      Marquette, MI
      United States
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      August 20, 2005
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      Posted: February 17, 2009, 11:25 am - IP Logged

      I'll tell you this, Massachusetts has only won one jackpot since 2003 december, when I first moved here. I guess someone can say we've been winning jack.

      Ohio and NY and Michigan to me are the jackpot states. And Georgia too.

      If you beleive the population argument then the jackpots should keep going to  Places like
      LA, SF, NY, and CHI but that just simply doesn't happen.

      Comapre Georgia where the winners are from all over that state not just from Metro Atlanta to Michigan where the winners were all from the Metro Detroit area until Michigan decided to send a bunch to Party World in Commstock park.

      Compare Georgia to Illinois.  Why is Illinois doing so poorly?  If I lived in Illinois I would want them to withdraw from mega millions.

      Getting back to Michigan, why does Alpena have more than its share of Fantasy 5 winners?
      Why does Coldwater win so much? Why does that area on Venoy rd in Westland have so many winners?  etc... etc.  Why have they stopped posting where the winning scratchers are sold on the MSL website news? 

      As far as PB states why does the Fondulac "miracle mile"  in WI have so many big winners?
      Why were all those PB jackpots in the metro Pittsburgh PA area 5 or so years ago?

      As someone here  had in their signature file - whats happened before is most likely to happen again.

      "The American Voter is too Stupid..."   Jonathan Gruber Obamacare Architect

      "There is no sin except stupidity" Oscar Wilde

      https://books.google.com/books?id=apm21IcqhmcC&pg=PP6&lpg=PP6&dq=americans+can+tolerate+just+about+anything+except+stupidity&source=bl&ots=tq9QUeP46j&sig=qXfXEz-wh_yUQSsE8DZG0ZjABls&hl=en&sa=X&ved=0ahUKEwil8YSjmuDPAhWF7IMKHV11A0kQ6AEIUzAI#v=onepage&q=americans%20can%20tolerate%20just%20about%20anything%20except%20stupidity&f=false

        Think's avatar - lightbulb
        Marquette, MI
        United States
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        August 20, 2005
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        Posted: February 17, 2009, 11:44 am - IP Logged

        It sounds like most of the people you know don't understand probability. The only way to have big payouts is to have odds that are overwhelmingly against you, and those odds are the only factor in your chances of winning. Where the winners have been located has absolutely nothing to do with your chances of winning. As for an "inevitable drop", even if everybody you know stops playing,  the bubble hasn't burst. Sales go up and down with various factors, but so far increased odds doesn't seem to be a significant limit to sales.

        There is probability and then there is reality with rigging and corruption and mistakes and whatnot.

        "The American Voter is too Stupid..."   Jonathan Gruber Obamacare Architect

        "There is no sin except stupidity" Oscar Wilde

        https://books.google.com/books?id=apm21IcqhmcC&pg=PP6&lpg=PP6&dq=americans+can+tolerate+just+about+anything+except+stupidity&source=bl&ots=tq9QUeP46j&sig=qXfXEz-wh_yUQSsE8DZG0ZjABls&hl=en&sa=X&ved=0ahUKEwil8YSjmuDPAhWF7IMKHV11A0kQ6AEIUzAI#v=onepage&q=americans%20can%20tolerate%20just%20about%20anything%20except%20stupidity&f=false

          Kidzmom's avatar - cold
          NC
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          February 23, 2005
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          Posted: February 17, 2009, 11:55 am - IP Logged

          I started a blog back a while ago "1 billion dollar Powerball"... and ppl on there did not seem to think the jackpot would ever grow that big.. Now if we merge with the British games that could now be a reality. I hope it don't happen though because the game would be even harder to win and there would be extremely too many people in it..sort of like that El-Gordo game. 

          KM

          Be kind to a stranger because you never know when you are talking to an angel.Blue Angel

           

          KZM

            RJOh's avatar - chipmunk
            mid-Ohio
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            March 24, 2001
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            Posted: February 17, 2009, 5:25 pm - IP Logged

            Since lottery jackpots are advertised at their projected 25-30 years annuity value rather than their cash value, some probably could be advertised as a $1,000,000,000 jackpot now if their values were based on a 100 year annuity.

             * you don't need to buy more tickets, just buy a winning ticket * 
               
                         Evil Looking       

              wizeguy's avatar - animaniacs04

              United States
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              May 10, 2005
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              Posted: February 17, 2009, 5:40 pm - IP Logged

              Since lottery jackpots are advertised at their projected 25-30 years annuity value rather than their cash value, some probably could be advertised as a $1,000,000,000 jackpot now if their values were based on a 100 year annuity.

              Ssh ;-)

                dpoly1's avatar - driver
                PA
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                October 16, 2008
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                Posted: February 17, 2009, 7:22 pm - IP Logged

                I can't imagine people being exited over merging with a lottery outside of the US.

                People get upset when the winner isn't in their State much less another country.  Bash

                  truecritic's avatar - PirateTreasure
                  Michigan
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                  Posted: February 18, 2009, 12:55 am - IP Logged

                  I can't imagine people being exited over merging with a lottery outside of the US.

                  People get upset when the winner isn't in their State much less another country.  Bash

                  Not particularly.

                  I just get upset when it isn't me - doesn't bother me if some winner is on the moon or anywhere else.

                    dvdiva's avatar - 8ball

                    United States
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                    September 17, 2003
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                    Posted: February 23, 2009, 2:36 am - IP Logged

                    Since lottery jackpots are advertised at their projected 25-30 years annuity value rather than their cash value, some probably could be advertised as a $1,000,000,000 jackpot now if their values were based on a 100 year annuity.

                    If they keep printing money that could be the cash prize not the annuity value.