Welcome Guest
Log In | Register )
You last visited December 6, 2016, 3:06 am
All times shown are
Eastern Time (GMT-5:00)

$297 MILLION: Mega Millions jackpot raised again before tonight's drawing

Topic closed. 61 replies. Last post 3 years ago by Jon D.

Page 2 of 5
54
PrintE-mailLink
stunna6036's avatar - Lottery-033.jpg
chicago,il
United States
Member #141327
April 11, 2013
46 Posts
Offline
Posted: December 6, 2013, 8:32 pm - IP Logged

Good luck everyone. Im in it to win itNoelParty

    pickone4me's avatar - 021414tvlies zpsa453b327.jpg
    Wisconsin
    United States
    Member #104962
    January 23, 2011
    1075 Posts
    Offline
    Posted: December 6, 2013, 8:33 pm - IP Logged

    I'm going to wait to see if this one rolls higher before jumping in.

      DDOH937's avatar - Lottery-062.jpg

      United States
      Member #149596
      December 4, 2013
      208 Posts
      Offline
      Posted: December 6, 2013, 8:35 pm - IP Logged

      Lone ticket winnner emerging tonight?...... Banana

      Not yet my Friend!! We're getting close though. Three more I predict!!!

      "It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer

        VFR95's avatar - Lottery-030.jpg
        Whetstone
        United States
        Member #139158
        February 15, 2013
        32 Posts
        Offline
        Posted: December 6, 2013, 8:44 pm - IP Logged

        Seasons Greetings @pickone4me,

         

             You might want to get in on this one earlier partner.......with the odds being reduced for the lower prizes, you could win a coo! million just like that.

        Come On......Get back in it and win it!!

         

        Dreamer,

          LottoMetro's avatar - Lottery-024.jpg
          Happyland
          United States
          Member #146344
          September 1, 2013
          1129 Posts
          Offline
          Posted: December 6, 2013, 8:46 pm - IP Logged

          Is it me or has the 'JP cash value 'decreased in MM since they started the new marix?

          In addition to interest rates, this is a direct result of them changing the annuity from 26 to 30 payments.

          I really don't think we will get a $1 billion jackpot this draw cycle, but you never know. I agree that MM has not been performing very well since the change, but time will tell if the frenzy sales can make up for it. I have a feeling if this new matrix fails, a $5 jackpot game will arrive in the near future.

          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

            Avatar

            United States
            Member #11879
            February 26, 2005
            61 Posts
            Offline
            Posted: December 6, 2013, 10:17 pm - IP Logged

            Here's my idea:

            They should keep the previous version of the game going January through September or so.  Then, say around Columbus Day, they change it up for the rest of the year, or until a jackpot is won after the end of the year.  January through September the betting slips are in play.  But afterwards, there's the 75/15 matrix that can only be accessed by quick picks -- no slips.

            "NO" to $5 tickets!

              Avatar
              New Jersey
              United States
              Member #21206
              September 4, 2005
              949 Posts
              Offline
              Posted: December 6, 2013, 10:40 pm - IP Logged

              Is it me or has the 'JP cash value 'decreased in MM since they started the new marix?

              Yes, they weakened the cash value significantly (by extending the time period of the annuity value if paid).

                Jon D's avatar - calotterylogo
                Los Angeles, California
                United States
                Member #103813
                January 5, 2011
                1530 Posts
                Offline
                Posted: December 6, 2013, 10:48 pm - IP Logged

                In addition to interest rates, this is a direct result of them changing the annuity from 26 to 30 payments.

                I really don't think we will get a $1 billion jackpot this draw cycle, but you never know. I agree that MM has not been performing very well since the change, but time will tell if the frenzy sales can make up for it. I have a feeling if this new matrix fails, a $5 jackpot game will arrive in the near future.

                Actually, MM sales seem to have responded nicely since the new matrix. Their ploy with the pumped up annuity value seems to have worked, players seem to have bit into it hook, line and sinker. Sales have been boosted by the pumped up annuity value.

                Below graph compares current run in blue (with projections) compared to preceding $189M run (P) on old matrix ending 10/1/13 in orange:

                But compared to a year ago with the record $656M run (R) , yes, way down. But that was a different time when large jackpots were less common. What a difference a year makes:

                  Todd's avatar - Cylon 2.gif
                  Chief Bottle Washer
                  New Jersey
                  United States
                  Member #1
                  May 31, 2000
                  23261 Posts
                  Online
                  Posted: December 6, 2013, 11:01 pm - IP Logged

                  Jackpot will be $344 million if nobody hits tonight.

                   

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

                   

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

                    DDOH937's avatar - Lottery-062.jpg

                    United States
                    Member #149596
                    December 4, 2013
                    208 Posts
                    Offline
                    Posted: December 6, 2013, 11:13 pm - IP Logged

                    Jackpot will be $344 million if nobody hits tonight.

                    NO way!! $360 million minimum!!!     Banana

                    "It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer

                      LottoMetro's avatar - Lottery-024.jpg
                      Happyland
                      United States
                      Member #146344
                      September 1, 2013
                      1129 Posts
                      Offline
                      Posted: December 7, 2013, 12:41 am - IP Logged

                      JonD,

                      Time will tell. The previous $189M Mega Millions run was hampered by not one, but two $400M+ Powerball jackpots. The matrix change may help MM catch up, but at the same time will accelerate jackpot fatigue. With fatigue comes sluggish sales and longer rolls, though Powerball has some advantage with a higher price. That's why I don't think the new MM will last and hence, my mentioning of a $5 game (which I know is in the works).

                      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

                        veganlife125's avatar - Lottery-061.jpg

                        United States
                        Member #142777
                        May 18, 2013
                        263 Posts
                        Offline
                        Posted: December 7, 2013, 12:50 am - IP Logged

                        344 million from the megamillions site

                        Don't forget to visit the Lottery Post Gift Shop!

                          Teddi's avatar - Lottery-008.jpg

                          United States
                          Member #142499
                          May 13, 2013
                          1182 Posts
                          Offline
                          Posted: December 7, 2013, 12:50 am - IP Logged

                          Jackpot will be $344 million if nobody hits tonight.

                          Wow, Todd. That's impressive. $344 right on the money.

                          I might wake up early and go running.  I might also wake up and win the lottery.

                          The odds are about the same.

                            RedStang's avatar - tallman zps6gf4inoc.jpg
                            NY
                            United States
                            Member #121961
                            January 21, 2012
                            3157 Posts
                            Offline
                            Posted: December 7, 2013, 12:55 am - IP Logged

                            Figures NYL has'nt updated their MM jackpot while pa, ct and nj already did.

                              whiteballz's avatar - Lottery-015.jpg
                              Nutley, New Jersey
                              United States
                              Member #131058
                              August 1, 2012
                              875 Posts
                              Offline
                              Posted: December 7, 2013, 12:57 am - IP Logged

                              Wow, Todd. That's impressive. $344 right on the money.

                              LOL. Didn't you watch the drawing? The host says that if no one wins, Wednesdays jackpot could be worth $344 mil.

                              http://www.youtube.com/watch?v=sFC6gdrO6HQ&feature=c4-overview&list=UUOKAdrQ0sKR9H1hi88RmQkA

                              .