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Lottery jackpots may get bigger

Topic closed. 142 replies. Last post 5 years ago by Coin Toss.

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Bahamas
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August 5, 2011
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Posted: February 14, 2012, 4:30 pm - IP Logged

ashabug725,

Oh I agree that PB is more likely to get there first, if either one does, but, the increase in tickets prices has decreased the number of players, thus with less people playing even though they've doubled (or tripled, with Powerplay) the amount individualy played, that leaves for a lot less of the 175 M + combinations being covered.

Those who run the lotteries are always a few steps, no make that miles) ahead of the players.

In a world of hoping for a jackpot of 1/2 of a billion dollars, I don't think a variance of $28M in a start point is exactly earth shattering.

Just my $.02

Well, its not just the fact that PB starts at a higher amount ($40m versus $12m) but it flips by a minimum of $10m. That should build the momentum among players more rapidly resulting in larger jackpots. I think we will have to see how it pans out over the next few jackpots as our specuculation to date is all anecdotal!

"Freedom of Speech? Keep reading and you will discover that freedom comes at a price!"

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    Florida
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    Member #123021
    February 12, 2012
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    Posted: February 14, 2012, 4:32 pm - IP Logged

    Wow, this has become a heated debate.

    I think what has been said about the odds has been said. Yes, because the east has a higher population density than the rest of the USA means that a possible winner could be chosen from there because of the higher ticket sales as a result of, however, it doesn't guarantee that a winner will come from there. Since RI makes up a measly 0.7% percent of PB sales, it just goes to show that the lottery systems are completely random, since there hasn't been a consistent tug on areas that have higher buy out of tickets. While stats can give you probabilities of what may happen or how over time trends occur, it's not going to give you a definite answer, especially with how astronomical the odds are to begin with. As someone said, you have a slim possibility of picking that black ball out of 99 red balls, but that doesn't mean you can't pull it out five times in a row, even if the odds are against you. 

    That's why I don't think people should be dwelling on these lottery conspiracy theories. So what if the huge jackpots have been won the past few times on the northern east coast? Good for them, but that isn't enough to pull out the conspiracy card, me thinks. I think what may raise eyebrows more if the past twenty huge jackpots were all won by one state consecutively, in one city, in one neighborhood, etc., Roll Eyes But since that has never been even close to happening, I don't see why we need to worry and promote conspiracies. As someone said, just look at the recent million wins from this jackpot alone and how states all across the nation in numerous regions won, all probably very different individuals from each other. Smiley

    That being said, faber98, not sure how much of a difference in chance there is by you picking the numbers versus the clerk handing it to you. After all, the machine spits the numbers, not the clerk, so, what we should be giving all the credit to the machine? I'm sure it could use the money for a nice tune up. Cool Besides, you may have sentimental value in picking your numbers, or perhaps a logical backing behind yours based on statistical trends, but it all boils down on how the balls roll, and they do so, randomly, without feeling, and without logic. One could argue that a quick pick may be the better option, because they are purely randomized. It's all up to you, though. 

    I wish everybody good luck!

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      smithfield
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      Posted: February 14, 2012, 4:40 pm - IP Logged

      i pick my numbers , and i totally disagree with that. well a friend of mine used to work in the lottery , he would never tell me the numbers , because he wouldn't know himself, but he would tell me which state or states would hit 2 to 3 hrs before they would announce it on tv.  it does vary in what state you live. he quit because in his words , too much shady things going on in the lottery office.


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        February 13, 2012
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        Posted: February 14, 2012, 4:42 pm - IP Logged

        "They should raise the price to $5.00 so people would realize they are throwing good money away.Spending any money on a lottery is just like setting it on fire, it will disappear before your eyes."

        The reason scratch tickets cost more is because players do not have to wait for a drawing.By the way I have never played scratch tickets.

        Yes, I did that the other week when I spent $50 on 25 powerball tickets.
        I would have been better off flushing it down the toilet.
        Would have saved myself the time and gas money driving to get the darn
        tickets from the idiots behind the counter, who usually give you a dirty look to boot.

        They could raise the price of powerball to $10 a ticket and people would still
        play and fantasize about winning. Reality is, you will NEVER win anything more than
        a few bucks or your money back...unless you're WHITE and already rich..
        like the latest powerball winner from Newport RI and the Putnam ave winner
        from CT. Just sayin'.

        The only reason someone ever wins something like the powerbal anyway with
        1 in 175million odds is because enought tickets are bought by suckers that it eventually
        overwhelms the odds and some white person wins.

        I have even wondered if it's a way to take money out of certain communities and
        certain demographics and transfer it to others. All under the guise of being a fair,
        legal, unpredictable lottery, of course. No Nod

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          Florida
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          Posted: February 14, 2012, 4:53 pm - IP Logged

          I'm wondering about these bigger jackpots that may go up to 500+ million or to even a billion. 

          People have said multiple times that this may not happen, but I'm wondering if the boost from a 20 million to a 40 million starting number will promote larger jackpots by lessening the amount of draws it takes to get to those higher jackpots. As someone said, someone giving the lottery a chance may be more attracted to the 40 million prize versus the starting prize of 12 million in MM, despite the similar odds of winning either, so avid lottery players will be raising the jackpot on lower number jackpots, but probably at a much slower pace than numerous others who start chiming in once the jackpot starts reaching higher amounts with sales start going wild and increasing the jackpot on each draw at higher increments than the last. So, I don't believe PB will be backing up its possible claim of higher jackpots based on adjusted odds, but perhaps that increase in starting jackpot will be more attractive to lottery players, both avid and opportunist. 

          You guys have to remember that the recent jackpot was the FIRST this year that implemented Powerball's new change, while it was still in the middle of process, the jackpot was at a fair size once it started to cost 2 dollars each (the original jackpot started at 20 mil, before the change), so, the fact that it had gone as far as it did and almost broke the record on the FIRST jackpot of the year promoting the change goes to show just how much influence this may have on subsequent jackpots, and this time around, starting at a fresh 40 mil, rather than 20. These jackpots could very well go into the 500+ million mark very quickly! But, hey, we all don't really know, this is all just speculation, but it will be fun to watch and see how the numbers crunch. Big Grin Let's give this new PB a chance.

          I think, honestly, it would be incredibly amusing if we had lotteries that were based around the concept of scratchcard odds. Say that 1 dollar ticket will give you a 1 in 175 million chance of winning 230 million jackpot, but see here this 2 dollar ticket will give you a 1 in 100 million chance of winning the 230 mil, and this 3 dollar ticket could give you 1 in 55 mil chance of winning, etc up to about 10-15 dollars (not saying 30 since those higher costs are also because scratchcards are instant). I'm pulling numbers out of my butt on this one, but I think you get the general idea of what I mean. Oh, so this 5 dollar ticket gives me 1 in 175 million chances to win 1 billion dollars, but gives me 1 in 50 million to win 400 million? Why not! Of course, this system would probably open its own entire can of worms. LOL

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            Florida
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            Posted: February 14, 2012, 5:11 pm - IP Logged

            i pick my numbers , and i totally disagree with that. well a friend of mine used to work in the lottery , he would never tell me the numbers , because he wouldn't know himself, but he would tell me which state or states would hit 2 to 3 hrs before they would announce it on tv.  it does vary in what state you live. he quit because in his words , too much shady things going on in the lottery office.

            Well, whether you agree with me or not, doesn't this indicate that if there WAS shady business in the lottery office it would not have to do with the numbers, regardless if they were quick picked or picked on your own? Afterall, this alibi of yours didn't know the numbers, right? Just the state or states. How do you know if this shady business isn't actually based around the lottery's own statistical derivatives of what they think the numbers may end up being based on their own system, and knowing that a certain state may have a person or persons that could be holding the very possible numbers that they think are "ripe", or "due", or based on frequent drawings before the jackpot? 

            Honestly, bro, I just don't know. What? But without more information, it's hard to tell if this is really shady business or just the lottery doing their own educated guesses at what the lottery numbers could be, just like how there are avid lottery players who speculate on which numbers would come through. If there is actual shady business going on, you probably should talk to this friend and see what the deal is and maybe report it. Could very well be a case for fraud. I am not you, your friend, or the lottery officials, so, I don't really know where to stand on this matter, or if you are making this up entirely, or what have you. If you think something is wrong, more power to you if you report it and tell us about it. Smiley

              ressuccess's avatar - Lottery-043.jpg

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              Posted: February 14, 2012, 5:12 pm - IP Logged

              It would've been great if Powerball set a new United States Jackpot Record.


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                March 25, 2011
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                Posted: February 14, 2012, 5:26 pm - IP Logged

                i pick my numbers , and i totally disagree with that. well a friend of mine used to work in the lottery , he would never tell me the numbers , because he wouldn't know himself, but he would tell me which state or states would hit 2 to 3 hrs before they would announce it on tv.  it does vary in what state you live. he quit because in his words , too much shady things going on in the lottery office.

                just because a lotttery worker knew what state had won before it was announced to the public means nothing. i'm sure he didn't "quit" because of shady things going on. still don't understand why people want to win 500 million. isn't 5 million enough for anyone. stick to state lotteries when they are around that level and you might have a microscopic chance of winning. powerbore and mega millions too difficult. and when the clerk puts his finger on the button does matter. glad you pick your own so it doesn't matter in your case when or where you play them. i would feel obligated to tip a clerk if he won it for me, so i fill out the card and would stiff the clerk if i won (which isn't remotely likely).

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                  Kentucky
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                  February 14, 2006
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                  Posted: February 14, 2012, 5:28 pm - IP Logged

                  ashabug725,

                  Oh I agree that PB is more likely to get there first, if either one does, but, the increase in tickets prices has decreased the number of players, thus with less people playing even though they've doubled (or tripled, with Powerplay) the amount individualy played, that leaves for a lot less of the 175 M + combinations being covered.

                  Those who run the lotteries are always a few steps, no make that miles) ahead of the players.

                  In a world of hoping for a jackpot of 1/2 of a billion dollars, I don't think a variance of $28M in a start point is exactly earth shattering.

                  Just my $.02

                  The jackpots will reach $200 quicker, more players will jump in, and the roll-overs will be much bigger. Less than 11,000 players won anything substantial (if $100 is considered substantial) and only 140 won $10,000 or more. The 2,766,599 winning tickets worth $14 or less will probably be spent buying tickets for future drawings.

                  It will be interesting to see if when a jackpot reaches $1/2 billion or even higher and then we can look forward to more "how will you spend the money?" topics and the endless advice of how to remain anonymous, finding tax loop holes, seeking financial planners, and maybe even maps to the Lottery headquarters for validating the tickets.

                  I can't wait!

                    gocart1's avatar - lighthouse
                    ONEONTA,NEW YORK
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                    Posted: February 14, 2012, 5:37 pm - IP Logged

                    It would've been great if Powerball set a new United States Jackpot Record.

                    I Agree!

                      gocart1's avatar - lighthouse
                      ONEONTA,NEW YORK
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                      Posted: February 14, 2012, 5:40 pm - IP Logged

                      i pick my numbers , and i totally disagree with that. well a friend of mine used to work in the lottery , he would never tell me the numbers , because he wouldn't know himself, but he would tell me which state or states would hit 2 to 3 hrs before they would announce it on tv.  it does vary in what state you live. he quit because in his words , too much shady things going on in the lottery office.

                      I find that very interesting about your friend working for the lottery office.

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                        Kentucky
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                        Posted: February 14, 2012, 5:45 pm - IP Logged

                        i pick my numbers , and i totally disagree with that. well a friend of mine used to work in the lottery , he would never tell me the numbers , because he wouldn't know himself, but he would tell me which state or states would hit 2 to 3 hrs before they would announce it on tv.  it does vary in what state you live. he quit because in his words , too much shady things going on in the lottery office.

                        "well a friend of mine used to work in the lottery , he would never tell me the numbers , because he wouldn't know himself, but he would tell me which state or states would hit 2 to 3 hrs before they would announce it on tv."

                        If your friend knew in which state the jackpot would be won "2 to 3 hrs." before the live drawing, then somebody knew the numbers. And that somebody had plenty of time to have someone place bets for them. Do you have any of evidence of multiple winners that defies probability?

                        "he quit because in his words , too much shady things going on in the lottery office."

                        But he decided not to go public with his proof that the machine was rigged so that only preselected numbers could be drawn guaranteeing a winner in a certain state?

                        Okkkkkkkk.

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                          Florida
                          United States
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                          February 12, 2012
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                          Posted: February 14, 2012, 5:46 pm - IP Logged

                          Yes, I did that the other week when I spent $50 on 25 powerball tickets.
                          I would have been better off flushing it down the toilet.
                          Would have saved myself the time and gas money driving to get the darn
                          tickets from the idiots behind the counter, who usually give you a dirty look to boot.

                          They could raise the price of powerball to $10 a ticket and people would still
                          play and fantasize about winning. Reality is, you will NEVER win anything more than
                          a few bucks or your money back...unless you're WHITE and already rich..
                          like the latest powerball winner from Newport RI and the Putnam ave winner
                          from CT. Just sayin'.

                          The only reason someone ever wins something like the powerbal anyway with
                          1 in 175million odds is because enought tickets are bought by suckers that it eventually
                          overwhelms the odds and some white person wins.

                          I have even wondered if it's a way to take money out of certain communities and
                          certain demographics and transfer it to others. All under the guise of being a fair,
                          legal, unpredictable lottery, of course. No Nod

                          I'm sorry for your loss, Hawkeye90. Frown Perhaps for your case, it would be better to set aside, maybe, a dollar a day/week and create a lottery fund of sorts that you can play with safely. If playing 50 dollars on 25 Powerball tickets is enough money to be considered a wasteful dent in yor life, then you really should limit the amount of times you play. Look at this recent winner, from the looks of it, they probably played, roughly, 3 Powerball tickets with Powerplay. It was only 9 dollars and they won the jackpot! Sure, maybe buying more tickets gives you an edge to get that winning ticket, but it's not guaranteed that you will actually get the winning ticket. 

                          The "idiots" behind the counter give you dirty looks because when rushes and long lines happen at stores, it becomes more stressful to handle them. It also doesn't help that, while you may have not been disrespectful, someone in the lotto line was giving trouble to them earlier. They are only human, man, give them a break. Those same "idiots" probably play the lottery and also get in long lines once in awhile, too. 

                          Also, I've read your numerous posts on here before, and I don't take lightly to the stereotyping you do on this board. Yes, there have been rich people to win the lottery, they play occasionally to see if they can get a profit, but many of those people were also poor and struggling or perhaps, just middle class and making out all right. One of the recent coastal winners, no less, was just a modest middle class man who was visiting family in the north before going back home to California. Not already rich at all, especially in terms of California income. Also, just sayin'. We don't know this person's story, and it's wise not to make prejudice remarks about the person without even knowing who they are.

                          The fact of the matter is, more white people win the lottery in the US because about 70 percent of our current population is "white", or an ecclectic mix of mostly Germans and the Irish hailing from the 1830-40s, sprinkled in with Italian, Dutch, English, French, etc. They were the recent huge flood of immigrants that came here and were treated pretty much like the Hispanics of today (along with the smaller groups of Asians). Come 2050-2100 eras, I'm sure you'll see much more Hispanic people (judging by the increase of Hispanic population growth projection), for instance, winning, and other "minority" groups winning because they have more population in this country than they do now. Notice how it hasn't been a rich Hispanic, or a rich black person who has won (at least, publicly stated), but come time in those eras, people will be complaining how rich anybody wins the lottery when they have as much right to play as we do. Sorry. And even with that demographic amount, there have been many others who have won a kind of lottery, white or not, so, it's not all just "rich, white people". 

                          I'm a mix of a kind of Asian and white, and not many of my "kind" win the lottery. Does that mean it will never happen? No, but it doesn't mean it won't happen either. Just need to have hope, luck, and sense. Don't let the lottery actually cost you a signficant payment or a healthy amount of money you need and play within your budget. If you don't win, so what, there is always another chance, but that doesn't mean you need to have sour grapes. Just be more careful next time, bro, that's all I'm saying! Your real life is more important than chasing a dream that should be treated more for entertainment. Yes Nod

                            gocart1's avatar - lighthouse
                            ONEONTA,NEW YORK
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                            Posted: February 14, 2012, 5:47 pm - IP Logged

                            I find that very interesting about your friend working for the lottery office.

                            But then again ,I can find out winning states here fast then most offical state lottery websigtsUS Flag ..so is TODD  in on the scam .......Just kidding TODD....TO ME ITS ALL JUST LUCK AND THATS IT.

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                              Florida
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                              February 12, 2012
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                              Posted: February 14, 2012, 6:02 pm - IP Logged

                              "well a friend of mine used to work in the lottery , he would never tell me the numbers , because he wouldn't know himself, but he would tell me which state or states would hit 2 to 3 hrs before they would announce it on tv."

                              If your friend knew in which state the jackpot would be won "2 to 3 hrs." before the live drawing, then somebody knew the numbers. And that somebody had plenty of time to have someone place bets for them. Do you have any of evidence of multiple winners that defies probability?

                              "he quit because in his words , too much shady things going on in the lottery office."

                              But he decided not to go public with his proof that the machine was rigged so that only preselected numbers could be drawn guaranteeing a winner in a certain state?

                              Okkkkkkkk.

                              Yeah, it would be nice to have more information on this, kind of iffy that the guy never went public about it. Hmm. Not very helpful to make that claim then. No Nod

                              Then we agree to disagree, faber98. I, personally, don't see a huge difference in chance. As for the numbers, the person clicking the button did not choose those numbers mentally. He clicked a button on a computer that spat numbers out to him. The credit would go to the computer if you had to give something money. If the machine itself could automatically click itself, it would be no different if a person did. Regardless if you choose the numbers or the machine did, it will be up to the balls if you win or not. I could be wrong, but hasn't it been mentioned that quick picks often win more often than hand picking? 

                              We'll see this year if the increase in jackpot starting size will lessen the amount of draws it takes to get to the record jackpots and if they actually exceed them, only time will tell! It's still startling that the first time Powerball implemented this change, when it was still going through a run as it was, starting at 20 million, already got one draw away from breaking the record! That has to say something about the future, at the very least. Not people are taking into account that this new change has only started since the middle of January, afterall. 

                              Also, lol, gocart1. What have you been hiding from us, Todd? I kid, I kid. Big Grin

                                 
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