Welcome Guest
Log In | Register )
You last visited December 2, 2016, 5:18 pm
All times shown are
Eastern Time (GMT-5:00)

States pull the plug on Monopoly Millionaires' Club

Topic closed. 163 replies. Last post 2 years ago by Stack47.

Page 11 of 11
51
PrintE-mailLink
Avatar
NEW YORK
United States
Member #90535
April 29, 2010
11975 Posts
Offline
Posted: December 17, 2014, 3:58 pm - IP Logged

The news of this game has generated lots of comments. Shows that LP members are very thoughtful and wise to this voluntary tax system which attracts many who can least afford to play except on an occasional basis.

Coffee

PLAYING THE LOTTERY TO WIN

US Flag

PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

    Avatar
    NEW YORK
    United States
    Member #90535
    April 29, 2010
    11975 Posts
    Offline
    Posted: December 17, 2014, 4:10 pm - IP Logged

    Last drawing on Dec. 26

    By Todd Northrop

    The states involved in the Monopoly Millionaires' Club lottery game have decided to halt ticket sales for the game as of Dec. 26.

    Twenty-two states plus the District of Columbia current offer the multi-state lottery game, which started just two months ago.

    The decision means players in the participating states can buy tickets for the game until Dec. 26. Three more drawings will be held, including those scheduled for Dec. 12, Dec. 19, and Dec. 26.

    "Lotteries developed the Monopoly Millionaires' Club game concept based on feedback from players across the nation who desired a game with the potential to make many people millionaires rather than just one person winning many millions," said Alice Garland, executive director of the N.C. Education Lottery.

    But sales have disappointed the participating lottery agencies, Garland said.  The focus now will be on reviewing and improving the game to create one "truly entertaining to our players and one that they will really enjoy," Garland said.

    All prizes won in the next three drawings will be awarded to those who buy tickets. Monopoly Millionaires' Club players will have the customary number of days in their state from the date of the drawings in which they win prizes to claim them.

    Officials from state lotteries said they plan to continue to research the concepts behind the current game.

    "We've repeatedly heard from players who say they want to see more people have a share of the winnings rather than just one gigantic top prize," said Terry Rich, president of the North American Lottery Group and CEO of the Iowa Lottery. "That was the inspiration for the current game, but players didn't respond to it as well as we'd hoped. We'll continue to review this concept, much like other ideas are evaluated and evolve over time."

    "We've discussed the fact that lotteries are trying following the same successful business model on the draw-game side that we've used for years with scratch games: We offer different games at different price points to provide the variety and choices that today's consumers want," Rich said. "We remain committed to developing games that will offer value to our players and mirror the success we've seen in other lottery games nationwide."

    Monopoly Millionaire's Club is a multi-state game that has been in the works for several years.  (See Biggest lottery game ever in the works?, Lottery Post, Jan. 25, 2013.)

    Perhaps it is a case of creating a game that tries to appeal to everyone, rather than focusing on specific types of players.

    One thing is for sure: judging from the tremendous  amount of time and effort put into this game by the states, and its subsequent short lifespan, the lotteries will be dissecting this train wreck for some time to come.

    They may also be a bit uneasy about launching another game of this magnitude in the foreseeable future.

    While some lottery critics may cheer, players and fans of the lottery may feel otherwise.

    THE LOTTERY MONOPOLY LOST MONEY PLAYING THE MONOPOLY MILLIONAIRES' CLUB LOTTERY GAME.

     

     

    Green laugh 

    US Flag

    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

      Avatar
      New Member
      Detroit
      United States
      Member #161964
      December 17, 2014
      18 Posts
      Offline
      Posted: December 17, 2014, 4:40 pm - IP Logged

      Long time lurker here; finally got off my butt to make an account, just because of this.

      When this game was launched, so many people talked negatively about it here, but I was intrigued. I don't know how it was elsewhere, but I know here in the Detroit area, it wasn't well explained. Even the retailers didn't seem to get all the nuances of it. Some didn't even seem to know that the webcode was for a chance to be on the TV show; one it particular told me that it was an online chance to win prizes.

      Mind you - I'm not defending the game, however, I played every week and only didn't break even one week. I know I'm just an outlier, though, as it seemed odd that I was winning $5 on every ticket. In fact, that's why I came here when I heard on the news this morning that the game is being "suspended" - I figured there was some flaw that the smaller amounts were winning a lot, basically causing a "death by a thousand cuts" type thing.

      I won't be sad to see this go - the odds are just lousy when compared to other games - but I will play the last couple weeks. I just want to get one Park Place to complete the two Boardwalks I got at the beginning (it's a weird OCD thing, probably...).

        Avatar

        United States
        Member #161539
        December 3, 2014
        328 Posts
        Offline
        Posted: December 18, 2014, 5:56 am - IP Logged

        Well I've had the night to sleep on it and my conclusions about this game have become more clear. Just as it was confusing when the game started so it is also confusing as it comes to an end.

        We have to keep our last tickets in a safe place for 10 to 20 years ... in case a class action lawsuit should come along ... then we have to hope the ink doesn't fade away so all the printing is gone.

        We have all heard for several days that there is no money in the pot to pay anybody, just a bunch of "IOUs" and then yesterday there was the bombshell dropped that there are no big Monopoly hats to be had. I suppose if we knew exactly the location of the Monopoly game headquarters ... the last person leaving on Dec 26 after the last drawing ... when they turn the lights out and the party's over, maybe there might be a couple of hats laying around on the floor.

        Well in my case ... never again will I be taken in with the promise of riches and a hat ... not even a t-shirt!

        GLTA ...

        CW

          GiveFive's avatar - Lottery-026.jpg
          NY State
          United States
          Member #92609
          June 10, 2010
          3685 Posts
          Online
          Posted: December 18, 2014, 4:37 pm - IP Logged

          No new news here, but for what it's worth...

          I saw a guy ("Ralphie") at work today that I hadn't seen for a while.  So I wished him a Merry Christmas. 

          Ralphie says to me "I sure wish we'd win the lottery!  Wouldn't that be a great Xmas present?!!!"

          I say to Ralphie, "You ever play that new game, MMC?"

          Surprisingly, Ralphie says;  "Yeah!  I buy one ticket of it every week." 

          I say; "You now they already pulled the plug on it, don't you?"

          Ralphie:  "Yeah, I know.  When I bought my ticket last week, the lady behind the counter told me about that, and then she said to me "You're the only person who buys them."

          Me:  You know that somebody has to win the JP for the raffle to happen, right?"

          Ralphie: "Raffle?  What raffle?"

          Me: "Don't worry about it Ralphie.  You aint gonna win that either."

          About playing the lottery --  You will lose more than you win. Until you hit a jackpot.  Then everything changes!

            Avatar
            NY
            United States
            Member #23835
            October 16, 2005
            3471 Posts
            Offline
            Posted: December 18, 2014, 6:39 pm - IP Logged

            Well being in PA ... some years back there was a jackpot game that was a turkey in PA ... it may have lasted close to two years before the lottery decided to end it ... it was not very popular. Since a sizable jackpot had built up ... the lottery announced that if no one hit the jackpot on the final drawing they would apply the jackpot money to the various lower tier prizes.

            The PA Lottery could have kept the money but they gave the jackpot money away in the final drawing to the players with 2nd, 3rd, 4th prizes ... how far down they went, I don't remember but they emptied the pot with people getting more money ... needless to say a lot of "extra" tickets were sold for that last drawing.

            My thoughts are that there is a cash value to the $25 million prize and be 22 possible millionaires. The money is supposed to be there to cover those winnings ... if the pot is empty ... too bad.

            Show me the money !!! ... at least award all those big Monopoly Hats !!! Where are all those hats headed ... to be sold on eBay ??? Must be boxes of them somewhere.

            They ended the game early and the final draw should see the bulit up cash money given away ... let the states all chip in ... they signed on ... maybe next time they will think things out a little better.

            CW

            " The money is supposed to be there to cover those winnings"

            You seem to be missing the reality of how things work. The lottery's plan is to let probability balance things out. Assuming that happens, which it usually does over the long term, enough money is collected to pay the prizes and earn a profit, but that's different than the money "being there". Sometimes the money piles up until there's a winner to balance things out, and sometimes there's a winner early on and it takes subsequent drawings without  a winner to recoup money that has already been paid out. You seem to understand that they don't have the money, but can't grasp the significance.

            In the PA case the lottery actually had money that was allocated to the prize fund but not yet won by players, so they decided to distribute it, but that's not analogous to the MMC game. The MMC game doesn't have any money in the prize fund because they already paid a jackpot without collecting enough money to cover the expense.

            The only thing that will create an obligation for the lottery to make further payments to MMC  players is winning MMC tickets. That you or others may not understand that has no legal significance at all.

              Avatar

              United States
              Member #138675
              February 3, 2013
              48 Posts
              Offline
              Posted: December 18, 2014, 9:56 pm - IP Logged

              I am ready for Cash4Life i.e. with this game you spend four dollars on two draws instead of one for the monopoly Game. I never did warm up to the MC game. Good Riddance!!!

                tnlottodreamer's avatar - animal bear.jpg
                The Great Smoky Mountains
                United States
                Member #59921
                March 31, 2008
                266 Posts
                Offline
                Posted: December 18, 2014, 11:38 pm - IP Logged

                I really liked the new game and won a few times. I bought 10 tickets for Fridays night drawing. Who knows, It could happen!

                I Agree!*** You Can't Win, If You Don't Enter***

                  Avatar
                  Miami, Florida
                  United States
                  Member #162094
                  December 21, 2014
                  131 Posts
                  Offline
                  Posted: December 21, 2014, 9:40 pm - IP Logged

                  $5 dollars for a ticket is too much, for that much I would be better off purchasing 5 ticket plays for my state lottery or the Mega Millions. 

                    Avatar
                    New Member
                    Arcadia,Florida
                    United States
                    Member #160972
                    November 13, 2014
                    4 Posts
                    Offline
                    Posted: December 25, 2014, 10:56 am - IP Logged

                    Long time lurker but I had to post on this one.I bought tickets for the first two draws with the misconception that the millionaires club ( the one million dollar prize) was like the raffle games in that I assumed those entries were good until a jackpot was claimed.Once I learned that the entries were only good for the draw date on the ticket I gave up on the game.

                      tnlottodreamer's avatar - animal bear.jpg
                      The Great Smoky Mountains
                      United States
                      Member #59921
                      March 31, 2008
                      266 Posts
                      Offline
                      Posted: December 27, 2014, 12:21 pm - IP Logged

                      I bought 2 tickets for last nights drawing. I had just the property on one ticket and won $7.00 and on the other ticket I had 3 numbers and won $20.00

                      I took a picture of my winning tickets, but I don't know how to post them on here. I loved this game and hate to see it go.

                      I Agree!*** You Can't Win, If You Don't Enter***

                        Avatar
                        Wyomissing, PA
                        United States
                        Member #161050
                        November 15, 2014
                        301 Posts
                        Offline
                        Posted: December 27, 2014, 1:44 pm - IP Logged

                        I bought 2 tickets for last nights drawing. I had just the property on one ticket and won $7.00 and on the other ticket I had 3 numbers and won $20.00

                        I took a picture of my winning tickets, but I don't know how to post them on here. I loved this game and hate to see it go.

                        Congrats on your win. Shame you weren't in PA though, you would have won over $500. PA Lottery rolled down its accumulated top prize allocation (about $1 million) to the lower tiers. Insane to see even the lowest tier prize that typically pays $5 paid $97.50. Though winning $27 is still far better than many have done - I never won anything on MMC.

                        The MMC game isn't totally gone, there's still the Vegas trip drawing in January. And there's talk of a modified MMC game returning in a couple of months around the time the Vegas show is scheduled to air.

                          Avatar

                          United States
                          Member #161539
                          December 3, 2014
                          328 Posts
                          Offline
                          Posted: December 27, 2014, 6:41 pm - IP Logged

                          I bought 2 tickets for last nights drawing. I had just the property on one ticket and won $7.00 and on the other ticket I had 3 numbers and won $20.00

                          I took a picture of my winning tickets, but I don't know how to post them on here. I loved this game and hate to see it go.

                          Hi ... as Ron5995 mentioned ... PA paid very nice on the final drawing. You had two nice hits but this is what PA paid on those hits last night.

                          Property Only = $135.50

                          3 of 5              = $382.50

                          They were insane ...

                          Like Ron said ... most people probably won nothing on the game. I only won $5 a few weeks back and I only had one ticket for yesterday and won nothing ... $27 is still good for the crazy game but the PA payouts were more than I thought they could be.

                          CW

                            Avatar
                            Kentucky
                            United States
                            Member #32652
                            February 14, 2006
                            7295 Posts
                            Offline
                            Posted: December 29, 2014, 3:10 pm - IP Logged

                            Hi ... as Ron5995 mentioned ... PA paid very nice on the final drawing. You had two nice hits but this is what PA paid on those hits last night.

                            Property Only = $135.50

                            3 of 5              = $382.50

                            They were insane ...

                            Like Ron said ... most people probably won nothing on the game. I only won $5 a few weeks back and I only had one ticket for yesterday and won nothing ... $27 is still good for the crazy game but the PA payouts were more than I thought they could be.

                            CW

                            Those type of payoffs were overlooked because of the multiple millionaire discussions. If they really want to distribute the wealth, why not create games where part of the jackpot prize is moved to the secondary prizes after a number of drawings. Had the MMC players known the approximate payoff, they might had record sales.

                               
                              Page 11 of 11