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$800 MILLION: Powerball lottery jackpot approaches billion-dollar range

Topic closed. 196 replies. Last post 11 months ago by Dd2160.

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Dd2160's avatar - hiro dolphin.jpg
Allentown, Brookyn, Pa, Ny
United States
Member #134253
October 22, 2012
5467 Posts
Offline
Posted: January 14, 2016, 6:03 am - IP Logged

The odds for PA Pick-2 is 1 in 100, and it's a struggle to win $50 on that. Powerball is ~2,922,201 times more difficult.

To put it another way, the entire population of California (~39 million) could each buy a ticket, and yet still have only a 1 in 7 chance of hitting the jackpot.

While such a large purchase would likely yield some 2nd and 3rd tier winners, a smaller sub-set may not. I regularly check PA Lottery detailed results for Powerball, and there are drawings in which the top base prize (without Powerplay) won in all of Pennsylvania is $100. And I'm not talking right after reset either. Even when the jackpot is $250+ million. Don't believe it, check out the results for Dec-26th: http://www.palottery.state.pa.us/Payouts.aspx?id=54573

12/26/15
Winning Numbers: 27  40  44  59  65
Powerball: 20  Power Play: 02

0 PA winners, jackpot rolls to $300,000,000.00
0 PA players matched 5 of 5, each receiving $1,000,000.00
0 PA players matched 4 of 5 and the Powerball, each receiving $50,000.00
22 PA players matched 4 of 5, each receiving $100.00
90 PA players matched 3 of 5 and the Powerball, each receiving $100.00
1,886 PA players matched 3 of 5, each receiving $7.00
1,658 PA players matched 2 of 5 and the Powerball, each receiving $7.00
12,569 PA players matched 1 of 5 and the Powerball, each receiving $4.00
31,705 PA players matched the Powerball, each receiving $4.00

Power Play:
0 PA players matched 5 of 5 and purchased Power Play, each receiving $2,000,000.00
0 PA players matched 4 of 5, the Powerball, and purchased Power Play, each receiving $100,000.00
5 PA players matched 4 of 5 and purchased Power Play, each receiving $200.00
22 PA players matched 3 of 5, the Powerball, and purchased Power Play, each receiving $200.00
502 PA players matched 3 of 5, and purchased Power Play, each receiving $14.00
392 PA players matched 2 of 5, the Powerball, and purchased Power Play, each receiving $14.00
3,185 PA players matched 1 of 5, the Powerball, and purchased Power Play, each receiving $8.00
8,185 PA players matched the Powerball and purchased Power Play, each receiving $8.00

So while it's worth being in the game, buying a million tickets or one makes relatively little difference given the insane odds of the game. Even hitting the 2nd tier prize is insanely difficult, since the matrix change. In short, don't bet the ranch on it. There are better ways to wager heavy - payout won't be record-breaking, but neither will the losses.

Ron 5995

I know!! Totally insane!!!

Smile

    Dd2160's avatar - hiro dolphin.jpg
    Allentown, Brookyn, Pa, Ny
    United States
    Member #134253
    October 22, 2012
    5467 Posts
    Offline
    Posted: January 14, 2016, 6:07 am - IP Logged

    I hope its like 20 winners not just 1!

    That money split 20 ways will do many families plenty good!

    I dont have a ticket yet but I will buy 1 with play!

    Yeah many winners!!! I won all of $8.

    in ny $0 in nj and $0 in pa!!!

    Have anyone notice the payouts on $50k prizes!!! Dam must be nice!!!

    Smile

       
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