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POWERBALL CREATES WORLD'S FIRST BILLION-DOLLAR JACKPOT

Topic closed. 567 replies. Last post 11 months ago by AbsolutelyFun.

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NYC
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November 17, 2014
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Posted: January 10, 2016, 1:13 pm - IP Logged

False advertising.. Not really a billion dollar jackpot when you're ending up with less after you win.

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    Roanoke, VA
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    October 2, 2012
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    Posted: January 10, 2016, 1:17 pm - IP Logged

    False advertising.. Not really a billion dollar jackpot when you're ending up with less after you win.

    It's not false advertising.

     

    If you buy a 99 cent drink at the store, with a sticker price 99 cents, are you going to cry about paying the .05% tax?

     

    basically the same thing...

      Romancandle's avatar - moon
      Upacreek
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      Posted: January 10, 2016, 1:24 pm - IP Logged

      It's not false advertising.

       

      If you buy a 99 cent drink at the store, with a sticker price 99 cents, are you going to cry about paying the .05% tax?

       

      basically the same thing...

      I think a better analogy would be if you went to pay for that .99 soft drink and they charged you $3 instead, saying "oh .99 was the price back in 1986"

      -RC

        Teddi's avatar - Lottery-008.jpg

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        Posted: January 10, 2016, 1:25 pm - IP Logged

        I'm waiting for the $1 billion cash value. That's my sweet spot. That's what I really want to see.

        Since we're in completely uncharted territory here, predictions are going to be hard but I see no reason why we won't get there. If it gets to a $1 billion cash value AFTER  taxes I might lose my mind.

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

        The odds are about the same.

          ArizonaDream's avatar - Lottery-009.jpg

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          October 10, 2015
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          Posted: January 10, 2016, 1:25 pm - IP Logged

          It's not not taxes, it's the difference between the annuity value and the cash value that makes it false advertising. They should have to put the cash value along with the annuity value on all the signs when they post the jackpot value.  Almost no one takes the annuity, but that's all they advertise most places.

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            Mason City, IA
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            January 10, 2016
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            Posted: January 10, 2016, 1:33 pm - IP Logged

            Quick Pick question... 

            Is there a database of all possible winning number combinations, from which quickpick tickets are drawn?

            Or, are quick pick numbers simply randomly generated at each terminal?

              Romancandle's avatar - moon
              Upacreek
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              Posted: January 10, 2016, 1:37 pm - IP Logged

              Quick Pick question... 

              Is there a database of all possible winning number combinations, from which quickpick tickets are drawn?

              Or, are quick pick numbers simply randomly generated at each terminal?

              Quick picks are randomly generated at the terminal I believe.

              I've always wondered if duplicate QP tickets can be generated... ie in the case of multiple winners, always thought multiple winners resulted from self picks

              -RC

                rcbbuckeye's avatar - Lottery-043.jpg
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                Posted: January 10, 2016, 1:38 pm - IP Logged

                Quick Pick question... 

                Is there a database of all possible winning number combinations, from which quickpick tickets are drawn?

                Or, are quick pick numbers simply randomly generated at each terminal?

                QP's are generated randomly at each lottery terminal.

                CAN'T WIN IF YOU'RE NOT IN

                A DOLLAR AND A DREAM (OR $2)

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                  Toronto
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                  Posted: January 10, 2016, 1:43 pm - IP Logged

                  I'm waiting for the $1 billion cash value. That's my sweet spot. That's what I really want to see.

                  Since we're in completely uncharted territory here, predictions are going to be hard but I see no reason why we won't get there. If it gets to a $1 billion cash value AFTER  taxes I might lose my mind.

                  I'm sticking my neck out saying this but such a scenario is not entirely impossible. I could definitely see a scenario whereby the population purchases fewer tickets after a large run up, thereby actually causing the JP to run successively higher, albeit at a slower pace, but with fewer chances of being won. Let's call this lottery fatigue. 

                   

                  PS I hope I expressed my thoughts accurately.

                    rcbbuckeye's avatar - Lottery-043.jpg
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                    Posted: January 10, 2016, 1:48 pm - IP Logged

                    Went to the store today at 7AM hoping to beat the rush and there were 3 people in line ahead of me. LOL

                    LOL. Just went to the little c-store where I usually buy my tix, and.......I'm the only one there!

                    So, I'm good for Texas 2 Step tomorrow night, MM Tuesday night, Texas Lotto Wednesday night, and PB Wednesday night.

                    CAN'T WIN IF YOU'RE NOT IN

                    A DOLLAR AND A DREAM (OR $2)

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                      215
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                      Posted: January 10, 2016, 1:54 pm - IP Logged

                      Can't believe it actually rolled but hey, why not be apart of history? I'm in!

                        rock_nc's avatar - Lottery-017.jpg
                        small town USA
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                        Posted: January 10, 2016, 1:57 pm - IP Logged

                        Well folks, I think I will buy a 2.00 dollar today, 2.00 on Monday, 2.00 on Tuesday and a 2.00 dollar on Wednesday! 8.00 bucks will be enough for me. All QP too! California had a total of 2,267,503 winners and 6 of those was 5 numbers right! Florida had 1,494,110 and only one win for 5 numbers correct! New York had 1,394,328 winners last night! 3 of them had a match 5.. Now Texas had a total of 1,462,985 winners, and only one person to match 5 right! But the total winners from all 44 states that play the lottery was   18,315,365. Woweee!! Check it out, go to www.powerball.com and click on winner breakdown by lottery. Check out each state winners. Good Luck everyone! Have a nice Sunday!Smile

                          Grovel's avatar - f800e6a39fbfea795d1dcbb09f2244
                          Little Rock, AR
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                          Posted: January 10, 2016, 2:01 pm - IP Logged

                          This is how I feel right now.

                            Romancandle's avatar - moon
                            Upacreek
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                            Posted: January 10, 2016, 2:02 pm - IP Logged

                            Well folks, I think I will buy a 2.00 dollar today, 2.00 on Monday, 2.00 on Tuesday and a 2.00 dollar on Wednesday! 8.00 bucks will be enough for me. All QP too! California had a total of 2,267,503 winners and 6 of those was 5 numbers right! Florida had 1,494,110 and only one win for 5 numbers correct! New York had 1,394,328 winners last night! 3 of them had a match 5.. Now Texas had a total of 1,462,985 winners, and only one person to match 5 right! But the total winners from all 44 states that play the lottery was   18,315,365. Woweee!! Check it out, go to www.powerball.com and click on winner breakdown by lottery. Check out each state winners. Good Luck everyone! Have a nice Sunday!Smile

                            I was thinking the same thing, but Saturday was a little crazy at my usual ticket stops... long lines, crabby clerks (can you blame them)

                            I'm loading up earlyThumbs Up

                            -RC

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                              Simpsonville
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                              January 22, 2015
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                              Posted: January 10, 2016, 2:08 pm - IP Logged

                              I was thinking the same thing, but Saturday was a little crazy at my usual ticket stops... long lines, crabby clerks (can you blame them)

                              I'm loading up earlyThumbs Up

                              When I visit Stateline, Nevada always walk down the street to play lottery in California. They have no self service machines were I go.

                              Yesterday they showed that Primm, CA Lotto store with a three hour wait to get their tickets. 

                              In the background you could see a row of self service lottery machines with a bunch of scratchers.  My question for someone in California do the self service machines allow you to play MM & PB??  Not a soul was @ any of them.  Just curious, every other state I've played with those machines are multi-functional.

                               

                              I'd sure hate to be a clerk @ that store!!

                                 
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