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$244 MILLION: Mega Millions lottery frenzy ramps up

Topic closed. 121 replies. Last post 6 years ago by brucevang.

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dk1421's avatar - Lottery-024.jpg
North Carolina
United States
Member #64582
September 1, 2008
347 Posts
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Posted: March 19, 2011, 10:46 pm - IP Logged

"The cash value — the most important factor for many jackpot-watchers — stands at a staggering $155.7 million."

 

That cash value won't be the only thing staggering when I win.

(Actually, I'd probably be staggering anyway but it's nice to have a valid excuse for a change)

Yeah, that was my favorite line from Todd as well!

"Don't be a schmuck, always take the cash." -Coin Toss

    rdgrnr's avatar - walt
    Way back up in them dadgum hills, son!
    United States
    Member #73904
    April 28, 2009
    14903 Posts
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    Posted: March 19, 2011, 11:21 pm - IP Logged

    Yeah, that was my favorite line from Todd as well!

    I can see it now dk, me and you staggerin around the track at Charlotte.

    Don't forget to call me now if you win.

    Me and you are a team.


                                                 
                         
                                             

     

     

     

     

                                                                                                       

    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                --Edmund Burke

     

     

      tiggs95's avatar - Lottery-036.jpg

      United States
      Member #47420
      November 4, 2006
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      Posted: March 20, 2011, 9:45 am - IP Logged

      I can see it now dk, me and you staggerin around the track at Charlotte.

      Don't forget to call me now if you win.

      Me and you are a team.

      The man just won't give up...

                                                                Pure luck

        rdgrnr's avatar - walt
        Way back up in them dadgum hills, son!
        United States
        Member #73904
        April 28, 2009
        14903 Posts
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        Posted: March 20, 2011, 10:53 am - IP Logged

        The man just won't give up...

        I'm like the energizer hillbilly.


                                                     
                             
                                                 

         

         

         

         

                                                                                                           

        "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                    --Edmund Burke

         

         

          Avatar
          Kentucky
          United States
          Member #32652
          February 14, 2006
          7308 Posts
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          Posted: March 20, 2011, 12:20 pm - IP Logged

          That is exactly what I have been saying.I just find it odd how with all the people and num ber combinations that are played these jps are still rolling. The more they let the lottery roll over the more tickets people play which means the more money for the government once they decide to let a certain set of numbers from the geographical area they choose.they can determine what numbers to hit based on what numbers what played weather qp or player picked. They know what numbers have been played especially if they are played on a regular basis.

          "I just find it odd how with all the people and num ber combinations that are played these jps are still rolling."

          It looks like you're combining the total chances to win a jackpot during the entire jackpot run, but the only tickets that can win are the tickets sold in each drawing. There are 175 million possible combinations and the ticket sales were $66,360,212. With only 38% of the possible combinations covered, it was neither odd or unexpected when nobody hit. Someone might find it odd when the jackpot was won on November 9, 2010 when only 10% of the total combos were sold. 

          "The more they let the lottery roll over the more tickets people play which means the more money for the government once they decide to let a certain set of numbers from the geographical area they choose."

          Ticket sales are usually under $30 million in each drawing until the jackpot reaches $100 and then more people start buying tickets. Only twice in the history of MM the ticket sales exceeded the number of possible combination. It's pretty simple, there is a significant rise in the jackpot when there is a significant rise in ticket sales.

          If the lotteries are determining when the jackpot will be hit, why are jackpots under $100 million hit?

          Most states have a state income tax and the only state that benefits is where the jackpots are hit. It makes no sense for any of the 43 state lotteries involved in MM to choose a certain geographical area that is not in their state. If the fix is in, they are not only cheating the players, they are cheating the other state lotteries too.

            Avatar

            United States
            Member #26330
            November 16, 2005
            330 Posts
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            Posted: March 20, 2011, 1:01 pm - IP Logged

            I can see it now dk, me and you staggerin around the track at Charlotte.

            Don't forget to call me now if you win.

            Me and you are a team.

            Cool....are you going to buy a Nascar Team??  Now here comes rdgrnr down the backstretch in the number ( )  LP car!  LOL

            I live near Charlotte I would drive to come see that!!    I have always wanted to drive one of those cars......  If I won $244 million I wonder if Jim Beam would sponser my car??  Sad Cheers        Good luck to the both of you guys...

              sully16's avatar - sharan
              Ringleader
              Michigan
              United States
              Member #81740
              October 28, 2009
              40421 Posts
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              Posted: March 20, 2011, 1:08 pm - IP Logged

              I'm like the energizer hillbilly.

              Green laughlol , best line all week.

              Did you exchange a walk on part in the war ?

              For a lead role in a cage?

               

                                                          From Pink Floyd's " Wish you were here"

                CrazyHazyYay!'s avatar - atlanta sports-teams-300x208.gif
                Born in the USA
                United States
                Member #108003
                March 19, 2011
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                Posted: March 20, 2011, 2:16 pm - IP Logged

                HAHAHAHAHA thank you for making my day.

                edit: what the heck? I clicked reply for rdgrnr's Nutcracker post, and it had his quote boxed above my comment... Did I click something wrong to display his original comment?

                edit1: Ok never mind, I didn't notice the little checkbox about including the original quote... sorry!

                While the value of a dollar is substantial, hope is priceless. But if you ain't got a dollar, then it's hopeless.

                  CrazyHazyYay!'s avatar - atlanta sports-teams-300x208.gif
                  Born in the USA
                  United States
                  Member #108003
                  March 19, 2011
                  46 Posts
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                  Posted: March 20, 2011, 2:23 pm - IP Logged

                  Hey Everyone, am new here on lottery post , but i have been reading post here whenever i find the time for a couple of months. It's a lot of fun.

                  Hey Grace $Favour! Yeah me too, I have been visiting this website for at least a year, and was just too lazy to register for my own account. Welcome! People are very nice and friendly here and I love it! And thank you for making me feel welcome everybody!

                  While the value of a dollar is substantial, hope is priceless. But if you ain't got a dollar, then it's hopeless.

                    Perfecttiming2's avatar - redcross

                    United States
                    Member #65961
                    October 11, 2008
                    162 Posts
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                    Posted: March 20, 2011, 3:39 pm - IP Logged

                    "I just find it odd how with all the people and num ber combinations that are played these jps are still rolling."

                    It looks like you're combining the total chances to win a jackpot during the entire jackpot run, but the only tickets that can win are the tickets sold in each drawing. There are 175 million possible combinations and the ticket sales were $66,360,212. With only 38% of the possible combinations covered, it was neither odd or unexpected when nobody hit. Someone might find it odd when the jackpot was won on November 9, 2010 when only 10% of the total combos were sold. 

                    "The more they let the lottery roll over the more tickets people play which means the more money for the government once they decide to let a certain set of numbers from the geographical area they choose."

                    Ticket sales are usually under $30 million in each drawing until the jackpot reaches $100 and then more people start buying tickets. Only twice in the history of MM the ticket sales exceeded the number of possible combination. It's pretty simple, there is a significant rise in the jackpot when there is a significant rise in ticket sales.

                    If the lotteries are determining when the jackpot will be hit, why are jackpots under $100 million hit?

                    Most states have a state income tax and the only state that benefits is where the jackpots are hit. It makes no sense for any of the 43 state lotteries involved in MM to choose a certain geographical area that is not in their state. If the fix is in, they are not only cheating the players, they are cheating the other state lotteries too.

                    Stack47....great post!

                      Perfecttiming2's avatar - redcross

                      United States
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                      October 11, 2008
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                      Posted: March 20, 2011, 3:46 pm - IP Logged

                      Hi CrazyHazyYay!

                      " while the value of a dollar is substantial, hope is priceless"

                      I have held that notion for years!!!!!!!!!.....(And I always thought it would be a good tag line for an ad!)

                        ayenowitall's avatar - rod serling4.jpg

                        United States
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                        April 22, 2004
                        1075 Posts
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                        Posted: March 20, 2011, 4:13 pm - IP Logged

                        Oh, I thought you were commenting on the subject of this news story and the current Mega Millions jackpot, which is $244 million when you said, " It's just a more commonplace occurence that people don't get so excited about."

                        So you were commenting on OTHER Mega Millions jackpots that aren't so large.  Thanks for clearing that up.

                        What is your evidence that they are growing larger faster now, as opposed to before January, 2010 (when the cross-selling arrangement began)?  Can you tell me how 14 consecutive drawings to reach this point is different than in the past?  Can you also show how they are getting hit more often?  I believe I have shown in the past year how they are NOT getting hit more often.

                        Todd,

                        Large jackpots are a more commonplace occurence in any given state now that neither PowerBall nor MegaMillions is the only giant jackpot game in any given state. The larger jackpots may not occur more often in any one of the games, but with both games in states, it is rather commonplace. And a jackpot does not necessarily have to be over $200 million to be considered large; I think I covered what I meant by referring to large jackpots in my previous posts.

                        Since January 2010 when cross-selling began, the MegaMillions jackpot has been hit fifteen times. To my surprise, it was also hit fifteen times in the same amount of time immediately prior to January 2010. So, you are right that the MegaMillions jackpots are not being hit more often. I suppose that my assessment was confused because of the illusion of having both MegaMillions and PowerBall in my state. Consequently, even though MegaMillions was not being hit more often, the alternating jackpot hits between MegaMillions and PowerBall gave me the mistaken impression that they were both being hit more often. I was wrong about that.

                        I do believe that I'm right about the jackpots growing faster, though. Since cross-selling began, the mean average jackpot increase has been $14.48 million per drawing for MegaMillions. In the same amount of time immediately prior to cross-selling, the mean average jackpot increase per drawing was $14.08 million. That's an increase of $400,000 per drawing on average. That may not be a huge increase, but it's a significant increase nonetheless. So, the MegaMillions jackpots are growing faster since cross-selling began.

                        I only researched this growth for the MegaMillions game since it is the subject of this news story, but I suspect that the same holds true for the growth rate of PowerBall jackpots. I used data from the USAMEGA site for my calculations, but you can check the accuracy of my figures since you probably have vastly greater resources at your disposal.

                          Avatar
                          New Member
                          Rockville, Maryland
                          United States
                          Member #108086
                          March 20, 2011
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                          Posted: March 20, 2011, 5:00 pm - IP Logged

                          Hello, fellow LPs, I am new here. I have been playing various lottery games for the past 3 years and I have successful won thousands of dollars. The funny thing is that ALMOST evey time when I play large jackpot games I OFTEN match 2 to 3 numbers. THIS HAPPENS VERY OFTEN when I play. It doesn't matter whether it is Mega or Powerball. I use a UNIQUE method when I play the lottery. I NEVER play arbitrary numbers, I don't play birthdays, I don't GUESS, I don't use lottery wheel software, I don't use random number generators and  I also don't play Quick Picks. My Method is quite CLEVER, and seems promising thus far. Let's just say I have a THING for numbers.

                          SKEPTICISM is only natural. But as hard as it is to believe, I may have stumbled upon the most EFFECTIVE way of playing the lottery.

                          3-4 number ball MATCH - My lottery predictions are accurate MOST OF THE TIME.

                          I CAN'T WAIT TO LOCK ALL SIX NUMBERS!!!!!!!!

                            wizeguy's avatar - animaniacs04

                            United States
                            Member #15143
                            May 10, 2005
                            414 Posts
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                            Posted: March 20, 2011, 5:10 pm - IP Logged

                            My first comment on Lottery Post! How's everybody doing? Been playing the big jackpot games Mega Millions and Powerball since a few drawings right before Powerball came to NJ (hope that makes sense)! 

                            Good luck everyone and I hope someone shares the good news on Lottery Post when they win it all!

                            Hi CrazyHazyYay!,

                             

                            Welcome to Lottery Post. May luck always be with you!!

                              wizeguy's avatar - animaniacs04

                              United States
                              Member #15143
                              May 10, 2005
                              414 Posts
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                              Posted: March 20, 2011, 5:15 pm - IP Logged

                              Hey Everyone, am new here on lottery post , but i have been reading post here whenever i find the time for a couple of months. It's a lot of fun.

                              Hey Grace $Favour,

                               

                              Welcome to Lottery Post. It's one of a few of my often visited sites!! I wish you loads of luck in your lottery entertainment purchases!