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$257 MILLION: Mega Millions jackpot expands

Topic closed. 164 replies. Last post 3 years ago by LottoMetro.

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Posted: December 1, 2013, 9:32 am - IP Logged

No it isn't when you consider its overall odds of winning something.  I've played it twice buying a $5 ticket each time and won something both times.   Granted, the first time I won $1 and last night I won $2 but there are games with better odds of winning the jackpot that I've spend $10 on and won nothing.

I think it's the overall odds of winning something that going to keep players interested inspite of the odds being unlikely that they will ever win the jackpot.

Keep spending $5 per drawing, you are getting closer to a MM jackpot win. Small wins lead to a jackpot win.

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    Posted: December 1, 2013, 9:39 am - IP Logged

    What would be super awesome is that someone would wake up on Christmas day, check their numbers and found out they've won...what could be better....hmmm waking up a week later on New Years day and realizing you hit the jackpot....What an awesome way to start the New Year LOL

    I think that you will be the jackpot winner. Are you spending $100?

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      Posted: December 1, 2013, 9:44 am - IP Logged

      Keep on rollin...........

      You will not win the lottery, if you do not play.

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        Posted: December 1, 2013, 9:48 am - IP Logged

        I agree maringoman. 

        The Mega sign at the store states it a 1 in 15 chance to win. That is incorrect, it should read you have a i in 15 chance to break even. It cost a dollar per ticket, if you played one pick and had the Mega ball you would get your dollar back. No win. 

        If you look at the odds on the Mega website the odds are different than the advertisement in the store. 

        http://www.megamillions.com/how-to-play

        I believe it will take a miracle if anyone wins. Yes i will play, i do believe in miracles.

        Good Luck to ya.

        P.S. Remember it's not a win unless you receive more than you played. If you got 10 ez picks and had the mega ball twice, you lost $8.00. Simple math. Don't fool yourself or you will bet more than you can afford. Just sayin'

        Are you spending $1? You will have 1 in 259 Million chance of winning the jackpot.

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          Posted: December 1, 2013, 9:49 am - IP Logged

          Smart players always play MM with megaplier, and that's the only way to goGuitar US Flag

          How much are you spending on the Megaplier? You will increase your chances of winning by spending $50 weekly on the Megaplier. Smart lottery players do that. Do you?

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            Posted: December 1, 2013, 9:51 am - IP Logged

            The ticket price is 1 dollar.

            If I want to play one combination online, it is 2.50 dollars.
            Somebody is making money there!

            The expectancy might be under 50 cents and online play would make that 20 percent, and I am very optimistic there for the outcome!

            Our local lottery doesn't charge us extra for online play. It might even be cheaper in the end!

            Are you playing PB and MM online?

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              Posted: December 1, 2013, 9:57 am - IP Logged

              Amen. If you play PB and/or MM, always do the mutiplier for the extra dollar. It might be the difference between just being comfortable versus being able to retire ASAP and do what you want to do 24/7.

              I am going to spend $257 on the Megaplier. I want to be a smart lottery player. Thanks

              Spending more money on the lottery is a smart thing to do?

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                Posted: December 1, 2013, 10:00 am - IP Logged

                I agree. I am playing the Megaplier. $5 Million Winner!

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                  Posted: December 1, 2013, 10:00 am - IP Logged

                  Does Forbes have a list that includes people who only have one billion? As residents of NY you or I would need to be the sole winner of a jackot of nearly $4 billion to get on that list. That's mathematically possible, but just a bit unlikely.

                  Yes, your ranked as #1342.

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                    Posted: December 1, 2013, 10:04 am - IP Logged

                    This is what I want for Christmas!  Please Santa!!!!  It would be a Christmas miracle!  Banana

                    Is Santa Claus giving you any money to play the lottery? Oh I forgot. Your chances of winning the MM jackpot are greater than meeting the imagined Santa Claus. LOL

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                      Posted: December 1, 2013, 10:07 am - IP Logged

                      Yes, your ranked as #1342.

                      He is $1 in 259 Million in the Mega Millions lottery game pool. LOL

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                        Posted: December 1, 2013, 10:10 am - IP Logged

                        You've honed in on the correct issue: what is the frequency of jackpot wins with the new MM?

                        That's really what's at stake when they come up with a new lotto game: based on the expected customer base, what the frequency of jackpot wins will be.

                        Old MM did about $20M sales per draw average during non-frenzy periods. The new MM so far looks to be about the same, no major dropoff in sales with the new matrix. That comes to about $2 Billion per year, and you divide that by the odds on the JP and that gives you the rough frequency of jackpot wins. The actual interval between wins will vary widely, from days to months, but the average frequency can be expected to be consistent.

                        Old 1-in-175M MM did about 12 wins per year.(one per month) New 1-in-258M MM would be expected to do about 8 wins per year,(one every 1.5 months) given consistent sales.

                        But the goal is to have large jackpots, which boosts sales during the top end of those runs. Like last year's record $656M jackpot boosted sales by another $1 Billion on top of regular sales all by itself!

                        The current run will be won before the end of the year, and possibly before Christmas.

                        I can't believe that I never beat the odds of 1 in 175 Million to win a mega millions jackpot. I will have better luck with odds of 1 in 259 Million.

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                          Posted: December 1, 2013, 10:15 am - IP Logged

                          I'm lovin it, I'm glad they shut down the cheats.

                          Those cheat codes they have in New York didn't work out this time did they?

                          Are you saying that all Mega Millions and Powerball jackpot winners are cheaters? They just played the lottery. You will win someday. Buy more lottery tickets per drawing and stop hating on lottery jackpot winners. Good Luck.

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                            Posted: December 1, 2013, 10:19 am - IP Logged

                            I've been playing the megaplier since they changed the formula and have won more than I have in the past. The 5 megaplier has drawn several times and with the smaller number of mega ball numbers, I've hit a few. I had 2+1 for $20 on last night's draw. I still won't do the PB Powerplay... just not ready to fork over $3 per play. 

                            But, don't get me wrong, I'm still behind on spending vs winning, but am closer than before. 

                            Still playing for that jackpot. Megamillions, Powerball, or Texas Lotto. Occasional Texas 2 Step. I'll take any one of them. See Ya!

                            I agree. Spending more money to win the Megaplier and Powerplay option is the way to go. Let me know how you do, when you start spending $3 on Powerplay.

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                              Posted: December 1, 2013, 10:21 am - IP Logged

                              I have a feeling that oregon will have a million dollar winner before this jackpot run is done so hopefully it is me with my megaplier ticket.-weshar75

                              Keep spending $10 per drawing, and your dream of winning big will become a reality.

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