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Powerball multi-state lottery to raise prices, jackpots

Topic closed. 191 replies. Last post 5 years ago by rdgrnr.

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freeobama's avatar - Lottery-057.jpg
Sunny part of town
United States
Member #102877
December 27, 2010
224 Posts
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Posted: January 3, 2012, 4:43 pm - IP Logged

WOW Powerball will be ripping everone off even harder!!! Evil Looking

    dpoly1's avatar - driver
    PA
    United States
    Member #66141
    October 16, 2008
    1672 Posts
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    Posted: January 3, 2012, 5:04 pm - IP Logged

    WOW Powerball will be ripping everone off even harder!!! Evil Looking

    You don't have to play ! This is not North Korea .......... YET !

    US Flag

      Guru101's avatar - rw6jhh
      Indiana
      United States
      Member #48725
      January 7, 2007
      1953 Posts
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      Posted: January 3, 2012, 5:37 pm - IP Logged

      I definitely won't be playing Powerball nearly as much as I have in the past. I like being able to buy 5 lines for $5. I don't like spending more than $5 a ticket on Powerball. This means on the rare occasion that I actually do play Powerball, I'll only be spending $4 for 2 lines. Better odds my butt. Because the price is doubling, the odds for the majority of people who play this game will become at least twice as hard.

      Gonna win.Big Smile

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        New Member
        Bessemer, Al
        United States
        Member #121162
        January 3, 2012
        1 Posts
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        Posted: January 3, 2012, 5:55 pm - IP Logged

        If no one wins the lottery before or on Saturday January 14th, how will the new rules be implemented?

          HaveABall's avatar - rocket

          United States
          Member #72448
          March 18, 2009
          1227 Posts
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          Posted: January 3, 2012, 5:56 pm - IP Logged

          Wow!  Come this February, I'll discontinue playing the Megamillions $12M+ annuitized jackpot with Megaplier ($2, twice each week), yet continue playing Powerball with Powerplay ($3, twice each week).  I like the newly announced Powerball $40M+ annuitized jackpot game opportunity to receive an lump-sum, after fed and state taxed, jackpot that begins at apx. $15.2M (Illinois taxes) 'walk away with monies'!  I also like the Powerplay option of winning a 2nd prize, pre-taxed lump-sum amount of $2M.

          Of course, gambling is usually a long-term investment ... I realize that sometimes it requires several state's lottery retailers multiple years BEFORE any particular state wins a Powerball jackpot.

          Conehead

          Having several millions of dollars in my financial accounts means receiving several valuable services each day!

          Disney

            Coin Toss's avatar - shape barbed.jpg
            Zeta Reticuli Star System
            United States
            Member #30470
            January 17, 2006
            10345 Posts
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            Posted: January 3, 2012, 6:05 pm - IP Logged

            The number of Powerballs (the bonus number) will drop from the current 39 to 35

            New prize and odds table

            MatchPrizePrize with
            Power Play
            Odds
            5 of 5 + PowerballJackpotJackpot1 in 175,223,510
            5 of 5$1,000,000$2,000,0001 in 5,153,633
            4 of 5 + Powerball$10,000$40,0001 in 648,976
            4 of 5$100$2001 in 19,088
            3 of 5 + Powerball$100$2001 in 12,245
            3 of 5$7$141 in 361
            2 of 5 + Powerball$7$141 in 707
            1 of 5 + Powerball$4$121 in 111
            Powerball only$4$121 in 56

            35 numbers and the odds against having the one drawn, the Powerball only, are 1 in 56?

            WT2?

            dpoly1,

            Couldn't agree more about raffles. In lotto, every $1 played (now $2 with PB) goes toewards winning millions. In a $20 raffle $1 M raffle, each $1 wins $50,000....'Boston Fire Dep't'., ahem. 

            The real irony is that so many here who claim to hate QPs can't wait to fork over $10, $20, pr $50 for a raffle ticket. Huh?

            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.


              United States
              Member #120257
              December 14, 2011
              26 Posts
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              Posted: January 3, 2012, 6:26 pm - IP Logged

              LOL  Good one.

              yup


                Bahamas
                Member #114685
                August 5, 2011
                422 Posts
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                Posted: January 3, 2012, 7:12 pm - IP Logged

                If no one wins the lottery before or on Saturday January 14th, how will the new rules be implemented?

                It flips into the new game as it would normally rollover. if it flips within the new game it would flip by a minimum of 10mil. and tickets will come at a cost of $2. they are not allowing anyone to advance play beyond 01/14 so no issues on that end

                  Todd's avatar - Cylon 2.gif
                  Chief Bottle Washer
                  New Jersey
                  United States
                  Member #1
                  May 31, 2000
                  23260 Posts
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                  Posted: January 3, 2012, 8:30 pm - IP Logged

                  The number of Powerballs (the bonus number) will drop from the current 39 to 35

                  New prize and odds table

                  MatchPrizePrize with
                  Power Play
                  Odds
                  5 of 5 + PowerballJackpotJackpot1 in 175,223,510
                  5 of 5$1,000,000$2,000,0001 in 5,153,633
                  4 of 5 + Powerball$10,000$40,0001 in 648,976
                  4 of 5$100$2001 in 19,088
                  3 of 5 + Powerball$100$2001 in 12,245
                  3 of 5$7$141 in 361
                  2 of 5 + Powerball$7$141 in 707
                  1 of 5 + Powerball$4$121 in 111
                  Powerball only$4$121 in 56

                  35 numbers and the odds against having the one drawn, the Powerball only, are 1 in 56?

                  WT2?

                  dpoly1,

                  Couldn't agree more about raffles. In lotto, every $1 played (now $2 with PB) goes toewards winning millions. In a $20 raffle $1 M raffle, each $1 wins $50,000....'Boston Fire Dep't'., ahem. 

                  The real irony is that so many here who claim to hate QPs can't wait to fork over $10, $20, pr $50 for a raffle ticket. Huh?

                  Coin Toss, you're going to be embarrassed by this one. Embarassed 

                  The odds are 1 in 56 of hitting just the Powerball, because you need to factor in the odds of getting better than just the Powerball.  If the odds of winning just the Powerball were 1 in 35, that would mean that you will never win any other prize.

                  Right now the odds of winning just the Powerball are 1 in 61.74.

                   

                  Check the State Lottery Report Card
                  What grade did your lottery earn?

                   

                  Sign the Petition for True Lottery Drawings
                  Help eliminate computerized drawings!

                    jump6702's avatar - Lottery-067.jpg
                    gallatin tn
                    United States
                    Member #106502
                    February 20, 2011
                    3749 Posts
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                    Posted: January 3, 2012, 11:01 pm - IP Logged

                    hey todd i checked and signed. not good in tn. i smell a rat. i'm  not playing until it high. i believe this move is for people who got money anyway. i can't afford it.

                      jump6702's avatar - Lottery-067.jpg
                      gallatin tn
                      United States
                      Member #106502
                      February 20, 2011
                      3749 Posts
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                      Posted: January 3, 2012, 11:19 pm - IP Logged

                      what if everone stop playing. i don' think that possible. just a throught. i like the old way. no computer drawing. i'm sticking with p3 i have a better change of winning there.

                        weshar75's avatar - Lottery-042.jpg
                        Mcminnville, Oregon
                        United States
                        Member #3013
                        December 13, 2003
                        3047 Posts
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                        Posted: January 4, 2012, 12:31 am - IP Logged

                        I have decided to play for $1 on megabucks with kicker and $1 mega millions with megaplier and $2 powerball with powerplay.  For the entire year that is how I will play.  I will probably not win a jackpot but at least I will be in each game for one line and know is half the battle.  Go Joe!!!!!!!!!!!!!!-weshar75

                          Coin Toss's avatar - shape barbed.jpg
                          Zeta Reticuli Star System
                          United States
                          Member #30470
                          January 17, 2006
                          10345 Posts
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                          Posted: January 4, 2012, 12:46 am - IP Logged

                          From a markeying standpoint, you're right Todd, but I lok at any 5 + 1 (or any +1 game) as two lotteries, the top or first matrix and the bonus number matrix. In a field of 35 numbers one number is drawn making it 1 in 35 or 34:1.

                          In the the OP it didn't say anything at all about getting better than just the Powerball, it simply said the changes were the Powerball being drawn from 35 numbers instead of 39, and the odds posted in the chart as 1 in 56. The same chart shows 1 + 1 as 1in 111, so it still doesn't jive.

                          You're really good at getting results and what have you before anyone else can, maybe you can track down the 21 'phantom' Powerballs befor the first drawing with the new rules.

                          How many times have posters here at LP mentioned playing all the MM bottom matrix numbers to insure a win?

                          The play 46 numbers to do that, right? And the odds of one number in 46 hitting?

                          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.

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                            Urbandale, IA
                            United States
                            Member #8624
                            November 11, 2004
                            115 Posts
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                            Posted: January 4, 2012, 1:13 am - IP Logged

                            Thanks for the reminder. $3 a line. BS. I won't be playing this game.

                            I just love how smooth the reasons for the increase roll off the officials lips. 'We wouldn't be doing it if we didn't think more money would be coming

                            back to the states and help them with revenues during these tough economic times' Rich said.

                            Actually it seems to me it's more like - We wouldn't be doing it if the tough economic times have forced some players to quit playing Powerball

                            altogether and we need to milk the loyal players to make up for the difference.

                            Oh and the Multi-State Lottery Association - thousands of randomly-selected players they surveyed since 2005 have asked for the change.

                            I wonder how that question was presented? Like this: Would you pay $1 more to play Powerball? or like this: Would you like a game with better

                            odds and higher winnings?

                            They can keep it.

                            Only politicians ask dumb research questions to get the wrong answers they want.  When making a business decision, it is in one's best interest to ask the proper questions to get the real answers.  No one likes to pay more for any product.  Duh!  But when the play of the game is completely explained and understood and players are asked how much they would spend and then a price is suggested at various prize levels, you can come to some conclusions.  Research can only go so far and is only a start.  A business also needs to look at their product mix to see if some brands are too close and if there is room for a premium brand.

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                              United States
                              Member #26330
                              November 16, 2005
                              330 Posts
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                              Posted: January 4, 2012, 1:18 am - IP Logged

                              People can cry all they want about the powerball price but wait till the jackpot gets to $500,000,000 and then you see the real lotto fever people will be lining up from all over the world and this big jackpots can now occour more frequeintly meaning i could win half a billion dollars every month .Oh well i am looking at a private island in bahamas already i dont need any noisy neighbor arround my $10,000,0000 mansion only lots of beautiful women geting natural sun tan lol .

                              This was the same BS reason Powerball gave last time they rigged the game more in their favor and against the players.  The hoopla to adding more states and increasing the odds for Powerball was that more people would be in the game and the jackpots would get up to $200Million+ more often....possibly even $500 Million. Now it seems that the jackpots don't reach $200 Million LESS OFTEN..So people are buying less tickets now they want people to pay more for the tickets.  I think I've reached my limit with Powerball....

                                 
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