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$500 MILLION: Powerball jackpot explodes in ticket-buying frenzy

Topic closed. 86 replies. Last post 11 months ago by LottoMetro.

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WV
United States
Member #107175
March 2, 2011
100 Posts
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Posted: January 6, 2016, 10:26 pm - IP Logged

Based on ticket sales the estimated jackpot when up $170 million. How many tickets does it take to get that kind of increase?

The annuity jackpot for Saturdays drawing ended up being 355.8 mil with a cash value showing 218.4 mil. The cash value right now is showing 306 mil. I think 34% of sales go to the jackpot. This would be about 88 mil higher which would take around 260 mil in sales to increase this much. I might be wrong in how i figured this and if so someone out might point it out.

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    WV
    United States
    Member #107175
    March 2, 2011
    100 Posts
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    Posted: January 6, 2016, 10:34 pm - IP Logged

    The Texas Lottery says that if nobody hits tonight it will initially go to $675 million.  I can't imagine it not going higher than that by draw time.

    Todd i agree that if nobody hits it tonight and it ends up at 500 m 675 m would be a very low number for it to initially go to. I think it would be close to the 725-750 amount

      RedStang's avatar - tallman zps6gf4inoc.jpg
      NY
      United States
      Member #121961
      January 21, 2012
      3157 Posts
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      Posted: January 6, 2016, 10:44 pm - IP Logged

      It could be $600M by the time of the drawing. If it rolls on after tonight it would start in the $700M range but could approach a billion by Saturday night.

      I'll guess a  660 start if it rolls.

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        United States
        Member #163996
        February 15, 2015
        68 Posts
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        Posted: January 6, 2016, 10:50 pm - IP Logged

        I'll guess a  660 start if it rolls.

        I'll guess a $750M starting, then over a billion by Sat draw time.

         

        Cha-ching....

        Type

          LottoMetro's avatar - Lottery-024.jpg
          Happyland
          United States
          Member #146344
          September 1, 2013
          1129 Posts
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          Posted: January 6, 2016, 11:53 pm - IP Logged

          $535.2M annuity at last estimate.......

          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

            Todd's avatar - Cylon 2.gif
            Chief Bottle Washer
            New Jersey
            United States
            Member #1
            May 31, 2000
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            Posted: January 6, 2016, 11:55 pm - IP Logged

            $535.2M annuity at last estimate.......

            The official jackpot tally for this drawing was $524.1 million.

             

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

             

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

              MzDuffleBaglady's avatar - Lottery-018.jpg

              United States
              Member #81314
              October 16, 2009
              18995 Posts
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              Posted: January 6, 2016, 11:56 pm - IP Logged

              I bought 2 lines for my sister with PowerPlay.

              All she had was the Powerball (17) .

              Whatever that's worth?

               

              Good Luck.

              The Struggle is real!

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                new york
                United States
                Member #63828
                August 9, 2008
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                Posted: January 7, 2016, 12:00 am - IP Logged

                I'll guess a $750M starting, then over a billion by Sat draw time.

                 

                Cha-ching....

                Type

                Would be great if it reached a billion but it's unlikely, will probably peak around the 750M mark as mentioned (and if no one won tonight's draw).

                  LottoMetro's avatar - Lottery-024.jpg
                  Happyland
                  United States
                  Member #146344
                  September 1, 2013
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                  Posted: January 7, 2016, 12:13 am - IP Logged

                  Would be great if it reached a billion but it's unlikely, will probably peak around the 750M mark as mentioned (and if no one won tonight's draw).

                  OK all....to the best of my knowledge....NO WINNER!

                  15 second place winners (1 PowerPlay)

                   

                  *Of course, nothing official until MUSL posts the next jackpot....but not gonna wait, off to bed and will probably play Saturday :)

                  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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                    Warren, MI
                    United States
                    Member #149999
                    December 14, 2013
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                    Posted: January 7, 2016, 12:19 am - IP Logged

                    Looks like no winner tonight

                      Todd's avatar - Cylon 2.gif
                      Chief Bottle Washer
                      New Jersey
                      United States
                      Member #1
                      May 31, 2000
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                      Posted: January 7, 2016, 12:22 am - IP Logged

                      No winner tonight.

                      The jackpot for Saturday is a world record $675 million -- and surely much bigger than that by draw time!

                       

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

                       

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

                        LottoMetro's avatar - Lottery-024.jpg
                        Happyland
                        United States
                        Member #146344
                        September 1, 2013
                        1129 Posts
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                        Posted: January 7, 2016, 12:24 am - IP Logged

                        No winner tonight.

                        The jackpot for Saturday is a world record $675 million -- and surely much bigger than that by draw time!

                        You know the lotteries are all smiles. LOL

                        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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                          Warren, MI
                          United States
                          Member #149999
                          December 14, 2013
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                          Posted: January 7, 2016, 12:26 am - IP Logged

                          Will easily be 800 million by draw time. i guarantee it

                            BBLL's avatar - audi r8-wallpaper-bla
                            Chicago
                            United States
                            Member #122762
                            February 7, 2012
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                            Posted: January 7, 2016, 12:30 am - IP Logged

                            How do you guys know there isn't a winner tonight? Where do you guys check at?

                              LottoMetro's avatar - Lottery-024.jpg
                              Happyland
                              United States
                              Member #146344
                              September 1, 2013
                              1129 Posts
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                              Posted: January 7, 2016, 12:35 am - IP Logged

                              How do you guys know there isn't a winner tonight? Where do you guys check at?

                              I don't know how Todd checks but MUSL has a data feed that goes to all the lottery vendors. The number of winners gets posted in advance of the jackpot being updated....usually 15 minutes before but sometimes sooner. The lotteries won't post these figures until the jackpot is made official

                              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