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

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

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Teddi's avatar - Lottery-008.jpg

United States
Member #142499
May 13, 2013
1184 Posts
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Posted: December 7, 2013, 12:59 am - IP Logged

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

Nope, I never watch the drawings. But now that I know what was said, I'm much less impressed with Todd's fortune telling abilities. LOL.

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

The odds are about the same.

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    NY
    United States
    Member #23835
    October 16, 2005
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    Posted: December 7, 2013, 1:15 am - IP Logged

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

    NY runs a really lousy lottery in many ways. They have to check for winners as soon as the drawing is certified, and they post the winning numbers fairly quickly. How hard could it be to also update the jackpot amount? I presume the're not making one of their web programers work late to manually change the actual code; somebody just needs to type the numbers and hit enter or click a button.  As long as somebody is working late enough to report whether or not there's a winner there's no reason they couldn't update the jackpot, too.

    FTM, the entire process could be automated. In fact, it probably should be automated to avoid somebody fat-fingering the numbers and posting incorrect data. Everybody knows what the jackpot will be if there's a winner, and they don't wait until they find out there are no winners and then sit down and decide what the next jackpot will be. They figure that out ahead of time, and announce it publicly (that's how Todd knew to report it this afternoon).

      mypiemaster's avatar - 2015021003pileofcash
      JACKPOT HUNTER

      United States
      Member #141034
      April 2, 2013
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      Posted: December 7, 2013, 1:19 am - IP Logged

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

      When it comes to the lotteries and numbers, don't mess with the "chief bottle washer". HE KNOWS HIS STUFF. He said $344M and you said $360M minimum. We'll see who is right. He is right on the money.

      Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

      Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

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        Sacramento, CA
        United States
        Member #142454
        May 12, 2013
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        Posted: December 7, 2013, 1:19 am - IP Logged

        $344 mil, here we come!

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          NY
          United States
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          October 16, 2005
          3474 Posts
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          Posted: December 7, 2013, 1:21 am - IP Logged

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

          They've always been a bit conservative once the jackpots get high, and as slow as sales have been I expect they're being even more conservative. Announcing it as 344 million means they're confident that sales will be enough to reach that. It doen't mean they think that's as high as sales could push it, so 355 to 360 is certainly possible.

          Of course, you can do your part by running out and buying  a few thousand tickets if you want to make it more lkely.

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            United States
            Member #135804
            November 29, 2012
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            Posted: December 7, 2013, 2:20 am - IP Logged

            The sales tonight were $57.5 million, below the sales of the 1st drawing after Florida joined with a jackpot of $190 million. During Mega's record run to $656 million in 2012, this level of sales would have been reached at a level between the $171 million and $200 million drawings.

            Sales were $8.4 million more from Tuesday's drawing. The frenzy hasn't begun yet

              DC81's avatar - batman39
              MI
              United States
              Member #54830
              August 31, 2007
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              Posted: December 7, 2013, 5:06 am - IP Logged

              Well, I won five bucks or well three after deducting my two tickets, would've been $15/$11 if I spent another two bucks on the multiplier or just bought one ticket $13 since the first ticket I bought was the one I got 2+1 with. Would've been $10 before the changes.

              Meh.

              You can't predict random.

                JonnyBgood07's avatar - Patriots logo1.jpg
                Connecticut
                United States
                Member #61623
                May 29, 2008
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                Posted: December 7, 2013, 5:35 am - IP Logged

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

                Thumbs UpThanks metro and Prob..I overlooked that factor.

                "No matter how bad things may get, I'd like to thank my middle finger

                for always sticking up for me.."

                 


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                  New Jersey
                  United States
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                  September 4, 2005
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                  Posted: December 7, 2013, 5:35 am - IP Logged

                  Jon D, You're dreaming.

                  Your graphical projections for draw numbers that have never taken place are fanciful.

                  For a 19th draw, on this matrix MM sales are 17% - based on the average sales of two previous 19th draws - since the $2 Powerball was instituted.   (The first 19th draw produced 650 million in sales, right after the switch to the $2 powerball, the second, around 35 million.)

                  There has never before in MM been a 20th draw.   The just announced rollover to "344 million" is the first 20th draw ever played in this game.   On this basis, the lottery is predicting around 80 million in sales.   Even if the number bumps up by 20 million or so, the new matrix represents a sales failure.

                  It will almost certainly be worse once the new matrix has to start all over after being won.

                    helpmewin's avatar - dandy
                    u$a
                    United States
                    Member #106665
                    February 22, 2011
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                    Posted: December 7, 2013, 7:52 am - IP Logged

                    Jackpot will be $344 million if nobody hits tonight.

                    I Agree!  $344 Million

                    Let it Snow Snowman

                      helpmewin's avatar - dandy
                      u$a
                      United States
                      Member #106665
                      February 22, 2011
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                      Posted: December 7, 2013, 7:53 am - IP Logged

                      $344 mil, here we come!

                      I Agree! Good Luck everyoneParty

                      Let it Snow Snowman

                        Jon D's avatar - calotterylogo
                        Los Angeles, California
                        United States
                        Member #103813
                        January 5, 2011
                        1530 Posts
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                        Posted: December 7, 2013, 8:21 am - IP Logged

                        Jon D, You're dreaming.

                        Your graphical projections for draw numbers that have never taken place are fanciful.

                        For a 19th draw, on this matrix MM sales are 17% - based on the average sales of two previous 19th draws - since the $2 Powerball was instituted.   (The first 19th draw produced 650 million in sales, right after the switch to the $2 powerball, the second, around 35 million.)

                        There has never before in MM been a 20th draw.   The just announced rollover to "344 million" is the first 20th draw ever played in this game.   On this basis, the lottery is predicting around 80 million in sales.   Even if the number bumps up by 20 million or so, the new matrix represents a sales failure.

                        It will almost certainly be worse once the new matrix has to start all over after being won.

                        Sales for MM were already way down and getting pummelled by PB prior to the new MM. But to say that the sales were down even more because of the new matrix is not only premature, it is inaccurate.

                        On the contrary, it is clear from my graph to see that not only did players not abandon MM with the new matrix, they responded with higher sales due to new annuity. And all of the big JP runs on PB and MM follow similar curves, so it's pretty easy to forecast how they will end up. It's just shifted in time a bit depending on the run up, so looking at the absolute draw number is not as important as the shape of the curve and response to the annuity value.

                        I agree that time will tell if this new MM is enough of a shot in the arm to save the dying patient. PB has proven that the multi-state jackpot customer base will sustain the $2 price and it will always have that advantage with roughly twice the base/starting sales. So this new MM could very well just be transitional, but it's an interesting change nonetheless.

                          Jon D's avatar - calotterylogo
                          Los Angeles, California
                          United States
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                          Posted: December 7, 2013, 8:24 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).

                          What is the ball matrix and odds for the new $5 game they are working on?

                            dpoly1's avatar - driver
                            PA
                            United States
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                            October 16, 2008
                            1672 Posts
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                            Posted: December 7, 2013, 9:10 am - IP Logged

                            I am looking forward to about $110,000,000 after Federal Redistribution!

                            That would be a really big Christmas in December LOL

                            Big Grin Santa good luck to all LP Members!

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

                             

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

                              Teddi's avatar - Lottery-008.jpg

                              United States
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                              May 13, 2013
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                              Posted: December 7, 2013, 9:29 am - IP Logged

                              Maybe it's just me, but I get more excited by large rollover amounts than a large number of rollovers. Usually a JP of over $300M would have me all a-twitter. But it took so long to get there I'm already tired of it.

                              Every time I go to buy a ticket I stop and realize that if I'm going to throw good money away, shouldn't I throw it away on the game with the better odds of winning? Maybe the MM fever will hit me this week with this new tally, unfortunately, I'm still not feeling it.

                              Right now I'm feeling the PB more. With everyone focused on MM, I hope to sneak a win and collect the winnings without anyone even noticing. LOL

                              Dance