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$350 MILLION: Powerball lottery jackpot soars

Topic closed. 77 replies. Last post 4 years ago by Jill34786.

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United States
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March 20, 2012
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Posted: May 12, 2013, 5:15 pm - IP Logged

This is the highest its been without anyone win it. Of course if domeone wins wednesday then $325 million will once again be highest pb jackpot without a winner.

Ah ok, he didn't word it correctly. I understand now. Last time it was nearly this high it jumped quite a bit. Will be interesting to see the jump if there is no winner on Wednesday now that California is in the mix. I recall the MM jumping nearly 300 million when it was this large last year. With the $2 ticket and now with California in the mix, how big do you think the jump will be?

    dpoly1's avatar - driver
    PA
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    Posted: May 12, 2013, 7:37 pm - IP Logged

    Oh My Goodness ................. I do believe that about $135,000,000 after taxes (in PA) would be a very nice prize!

    $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

    Dance

    dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

     

    Eschew Poverty ........... Vote Conservative!

      BuyLow's avatar - palm tree.jpg
      Florida
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      Posted: May 12, 2013, 8:19 pm - IP Logged

      PB is on rollover #12 and the jackpot sits at $350 million. The MM in currently on rollover #18 and it's prize is $170 million. The record MM jackpot of $656 million was reached on it's 19th draw.

      Interesting observation.  I knew it was growing SLOW, but didn't figure out how slow.  Wonder why?  Maybe because Powerball is pretty high and is stealing MM thunder>>??

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        New Jersey
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        Posted: May 12, 2013, 8:38 pm - IP Logged

        Since I live in California I am relatively new to the PB scene. Does the jackpot usually jump this much when it gets this high, or did us Cali players contribute to a bigger jump?

        Since you guys showed up, faster than ever.

        Actually, Megamillions is a better bet, with its current expectation value being around 0.85.   Powerball is merely 0.69, this because its price is double.

        This simple mathematical fact will make no difference though.   The lottery makes money by assuming the irrationality of its players, and for them, this is a very good bet.


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          Posted: May 12, 2013, 9:30 pm - IP Logged

          Are you all ready to see a billion dollar jackpot soon?  It will happen, no one can win.  Previous jackpot winners need to go all in on this since they have the best chances of winning.

            RJOh's avatar - chipmunk
            mid-Ohio
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            Posted: May 12, 2013, 10:09 pm - IP Logged

            Funny, according to that site this is not the first time it's been this high since the price change.

            Appearantly, you found the information you were seeking.

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

              golfer1960's avatar - Lottery-003.jpg
              Eatontown, NJ
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              Posted: May 12, 2013, 10:32 pm - IP Logged

              PB is on rollover #12 and the jackpot sits at $350 million. The MM in currently on rollover #18 and it's prize is $170 million. The record MM jackpot of $656 million was reached on it's 19th draw.

              Preach it!

               

              You my girl Jill!!!

              You always speak the truth...Yes Nod

                RJOh's avatar - chipmunk
                mid-Ohio
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                Posted: May 12, 2013, 10:34 pm - IP Logged

                Are you all ready to see a billion dollar jackpot soon?  It will happen, no one can win.  Previous jackpot winners need to go all in on this since they have the best chances of winning.

                Are you suggesting previous winners know something that gives them an edge?  Or that only they can afford the number of tickets needed to win?

                Only one combinations will win it when it's won regardless of the number of tickets sold, that should give everyone who buys a ticket an equal chance.

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

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                  Morrison, IL
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                  Posted: May 12, 2013, 10:43 pm - IP Logged

                  Interesting observation.  I knew it was growing SLOW, but didn't figure out how slow.  Wonder why?  Maybe because Powerball is pretty high and is stealing MM thunder>>??

                  I think players forgot about Mega Millions, when it failed to break $100 million annuity for over seven months.

                  ---


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                    Posted: May 12, 2013, 10:44 pm - IP Logged

                    Are you suggesting previous winners know something that gives them an edge?  Or that only they can afford the number of tickets needed to win?

                    Only one combinations will win it when it's won regardless of the number of tickets sold, that should give everyone who buys a ticket an equal chance.

                    I think they do have a bit of an edge.  If they've won before, it's easy for them to win.  I pretty much guarantee that someday in the near future we will see a big 2X MM or PB winner.  The odds would be uhh I dunno, 1 in 500 trillion for that to happen.  Maybe the Hispanic guy from Jersey will buy tickets & win again. lol

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                      wisconsin
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                      Posted: May 12, 2013, 11:08 pm - IP Logged

                      About $150 million after taxes in Wisconsin if I were to be a sole winner.

                      Somehow, someway I'd manage to survive on that.

                       

                        rdgrnr's avatar - walt
                        Way back up in them dadgum hills, son!
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                        Posted: May 12, 2013, 11:59 pm - IP Logged

                        About $150 million after taxes in Wisconsin if I were to be a sole winner.

                        Somehow, someway I'd manage to survive on that.

                         

                        That'll buy a lotta Limburger!

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                          New York, NY
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                          Posted: May 13, 2013, 1:57 am - IP Logged

                          I would say at least similar to the mm last year of nearly 300 mil. But I have a feeling many people are also playing mm at 170 MIL and not spending as much as they would have if the only large jackpot had been pb. I dont know if I be happy spending more on pb than mm in california. This last drawing paid everyone in cali much less than the rest of the country.

                            rock_nc's avatar - Lottery-017.jpg
                            small town USA
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                            Posted: May 13, 2013, 7:02 am - IP Logged

                            Which is better? More or Less! Getting PB/MM tickets a few days early before the drawing, or buying them the day of the drawing, Or Does it really matter. Just would like to know what all of y'all like to do! Good Luck to All of you!!!

                              whiteballz's avatar - Lottery-015.jpg
                              Nutley, New Jersey
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                              Posted: May 13, 2013, 8:03 am - IP Logged

                              Which is better? More or Less! Getting PB/MM tickets a few days early before the drawing, or buying them the day of the drawing, Or Does it really matter. Just would like to know what all of y'all like to do! Good Luck to All of you!!!

                              Some people say they like to get QPs at the night of the draw because they get better results. Personally, I have bought tickets minutes before the cut off time and my results weren't any better than tickets I bought days before the draw.

                              When the jackpot gets over $200 million, I like to get my tickets days in advance of the drawing just to avoid long lines at the store.

                              .