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Powerball Power Play variable multiplier to return in January

Topic closed. 35 replies. Last post 3 years ago by jamella724.

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rcbbuckeye's avatar - Lottery-043.jpg
Texas
United States
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October 23, 2007
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Posted: October 24, 2013, 10:33 am - IP Logged

I don't blame you TnT, when ever we go to Texas I always multi-draw there state games.

Funny. Before Texas got Powerball, I would drive up to Ok to buy PB tics.

Before they changed the Hot Lotto matrix, I was contemplating driving up there to play it. Now the odds on that game are worse than Texas Lotto.

CAN'T WIN IF YOU'RE NOT IN

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    Saylorgirl's avatar - Lottery-065.jpg
    Indiana
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    June 13, 2012
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    Posted: October 24, 2013, 10:50 am - IP Logged

    I think one of the best and easiest things Powerball can change is to increase the prize for 1 + 1.  I think it's pretty strange to have a separate prize level for 1 + 1 when it awards the exact same prize as 0 + 1.

    I couldn't agree more!  I hit the 1+1 often and it is discouraging that it pays the same as just the powerball number.

      LottoMetro's avatar - Lottery-024.jpg
      Happyland
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      September 1, 2013
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      Posted: October 24, 2013, 12:16 pm - IP Logged

      Hi LottoMetro,

      Based on your chart it looks like the 4 + 1 will be going down from 40,000 to 28,000. Since I always play Powerball with the powerplay it looks like that is a big letdown. When I play I'm always hoping for at least a lower tier prize since winning the jackpot or the 2nd prize is so impossible. The other increases seem very small and they are going to lower the 1+1 and 0 + 1 to 11 dollars instead of 12 dollars. I'm not sure what the prizes will be if the multiplier is 3 or 4.

      Yes, JonD is right....the payouts I posted would not be what you receive if you won. It was simply a weighted average of payouts (basically, from the lottery's perspective). If you played this over time your average winnings would be about this much because of how often the multiplier appears. As mentioned, I suspect that although the change mostly changes the variability of lower prizes, it is to being reinstituted to compensate for the lackluster Powerplay sales which increase the liability of higher prizes. True, 1 cent difference in expectancy is really not signficant, but over a period of several years it will add up.

      If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
      If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

      2016: -48.28% (13 tickets) ||
      P&L % = Total Win($)/Total Wager($) - 1

        HoLeeKau's avatar - YheaShea
        Idaho
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        July 17, 2010
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        Posted: October 24, 2013, 1:15 pm - IP Logged

        The only way this will be kinda sorta ok with me is if the 5+0 is also multiplied.  I have a feeling PB is a little worried about MM's potential 5M payoff at the 5+0 level and is scrambling to cut their losses by implementing something like it. 

        If I'm wrong and the 5+0 will not be multiplied, then it sucks.  lol

          ressuccess's avatar - Lottery-043.jpg

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          Posted: October 24, 2013, 2:04 pm - IP Logged

          Good luck to the people purchasing the Powerplay playing Powerball.

            Think's avatar - lightbulb
            Marquette, MI
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            Posted: October 24, 2013, 7:17 pm - IP Logged

            Well now they are giving Megamillions a break and making people consider buying 2 PB tickets for $4 instead of the powerplay

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              New Member
              NEW YORK CITY
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              September 13, 2013
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              Posted: October 24, 2013, 10:22 pm - IP Logged

              Thanks for the update

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                Zeta Reticuli Star System
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                Posted: October 24, 2013, 11:49 pm - IP Logged

                From the OP:

                "The return of the Power Play variable multiplier is expected to be popular with our Powerball players," said Lottery Executive Director Todd Rucci.

                Translation,

                We're not selling near the $3 tickets we thought we would and to try to get people to play the Powerplay - and thus an extra dollar per ticket, we're brining back the multiplier.

                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.

                  weshar75's avatar - Lottery-042.jpg
                  Mcminnville, Oregon
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                  Posted: October 24, 2013, 11:53 pm - IP Logged

                  If I read it right their not changing the 5+0 prize from $2 million so it only affects the $10,000 prize and lower so they are not going to be head to head with mega millions on that level.-weshar75

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                    New York, NY
                    United States
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                    April 7, 2005
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                    Posted: October 25, 2013, 11:31 am - IP Logged

                    I guess with Mega Millions making hteir game change, Powerball had to come up with something to stay in the loop.

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                      NEW YORK
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                      Posted: October 25, 2013, 2:26 pm - IP Logged

                      Risking $2 to win $5 Million playing Mega Millions?

                      VS.

                      Risking $3 to win $2 Million playing Powerball?

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                      PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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                        The Quantum Master
                        West Concord, MN
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                        Posted: October 25, 2013, 4:31 pm - IP Logged

                        How about changing this multiplier   from   2 x $1.00 = 1 Play   to   1 x $1.00 = 1 Play

                        Maybe we'll play again.

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                          LottoMetro's avatar - Lottery-024.jpg
                          Happyland
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                          Posted: October 25, 2013, 4:46 pm - IP Logged

                          Risking $2 to win $5 Million playing Mega Millions?

                          VS.

                          Risking $3 to win $2 Million playing Powerball?

                          More like:

                          Risking $2 to win $5 million with odds of 1 in 46,230,510 playing Mega Millions

                          vs.

                          Risking $3 to win $2 million with odds of 1 in 5,153,633 playing Powerball

                           

                          The odds of winning $1 million in MM are 1 in 18,492,204 and because the "5x" multiplier has odds of 1 in 2.5, the result is conditional. 60% of the time your prize will be less than $5 million. Using a weighted multiplier and dividing by cost, the 2nd prize for MM is worth ~10.5 cents versus ~12.9 cents in Powerball. So really, it's not as great as it seems Wink

                          If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
                          If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                          2016: -48.28% (13 tickets) ||
                          P&L % = Total Win($)/Total Wager($) - 1

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                            NEW YORK
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                            April 29, 2010
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                            Posted: October 25, 2013, 5:22 pm - IP Logged

                            More like:

                            Risking $2 to win $5 million with odds of 1 in 46,230,510 playing Mega Millions

                            vs.

                            Risking $3 to win $2 million with odds of 1 in 5,153,633 playing Powerball

                             

                            The odds of winning $1 million in MM are 1 in 18,492,204 and because the "5x" multiplier has odds of 1 in 2.5, the result is conditional. 60% of the time your prize will be less than $5 million. Using a weighted multiplier and dividing by cost, the 2nd prize for MM is worth ~10.5 cents versus ~12.9 cents in Powerball. So really, it's not as great as it seems Wink

                            I forgot everything about the odds of winning MM. Did you know that lottery players spent $1.5 Billion US dollars trying to win a $640 Million Mega Millions jackpot? I contributed $1 to the pool of losers and winners.

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                            PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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                              NEW YORK
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                              Posted: October 25, 2013, 5:35 pm - IP Logged

                              How about changing this multiplier   from   2 x $1.00 = 1 Play   to   1 x $1.00 = 1 Play

                              Maybe we'll play again.

                              I bought a $2 Mega Millions quick pick ticket with Megaplier today. I have spent $3 for a powerball ticket with Powerplay too. I won zero dollars.

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                              PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!