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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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United States
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February 27, 2011
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Posted: January 10, 2016, 5:03 pm - IP Logged

On a serious note, I would like to see underneath….

BuyLow, you are undermining the confidence of the public in general and are jeopardizing the entire operation of MUSL.  You need to come with us please.  Don't bother to grab your coat...

Cool Oogle Cool ...................................................................  Yellow Eyes

  I'm feeling a jackpot win coming my way!

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    NH
    United States
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    December 5, 2009
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    Posted: January 10, 2016, 5:08 pm - IP Logged

    Thank your lucky stars that the top tax rate is just under 40% Federally. If a guy like Bernie Sanders became President, he'd try to move that rate as close to 90% as possible. That's one of the reasons you take the cash option. America is almost at 20 Trillion in debt. The future for America will be higher taxes...

      realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

      United States
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      Posted: January 10, 2016, 5:09 pm - IP Logged

      I hope someone wins this jackpot.

      I believe I am an unspecified person.  That would make me someone.  I hope your hope for me as someone comes true too!  It is truly appreciated.   Embarassed

        I'm feeling a jackpot win coming my way!

        realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

        United States
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        February 27, 2011
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        Posted: January 10, 2016, 5:14 pm - IP Logged

        Thank your lucky stars that the top tax rate is just under 40% Federally. If a guy like Bernie Sanders became President, he'd try to move that rate as close to 90% as possible. That's one of the reasons you take the cash option. America is almost at 20 Trillion in debt. The future for America will be higher taxes...

        I Agree!   It seems like many LP'ers don't recognize the income tax rate was that high at one period in time, and can easily return there.  CASH option, if only because of the uncertainty of politics!

          I'm feeling a jackpot win coming my way!

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          NH
          United States
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          Posted: January 10, 2016, 5:18 pm - IP Logged

          Buyout? LOL

          It would take over 10,000 five-board playslips to be processed every minute from Sunday until Wednesday to buyout Powerball.

          Yup,and with just one other winner for the grand prize, you'd be in the red. Two other winners and you'd take a major loss.

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            Wyomissing, PA
            United States
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            November 15, 2014
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            Posted: January 10, 2016, 5:18 pm - IP Logged

            I hope someone wins this jackpot.

            At the Wawa where I buy tickets, there was no line and seemingly little interest this afternoon. The machine was just there, being mostly ignored as usual. Bought one ticket with Powerplay, plus one PA Treasure Hunt ticket ($100K jackpot, which is high for that game).

            Crazy as it seems, Powerball could roll again. While it's world record breaking, most who played last time likely won't wager more than previously (many already blew their extra funds; maxed out their cash advance lines, etc). Also, the number of casual players may be about the same, since most who rarely play the lottery already participated in the last round. Result being sales may end up being about the same, or even a tad less.

            $1.3 billion is still a solid estimate and it may grow to $1.4 billion or so, but unless the final estimate far exceeds that, figure on a good chance of a rollover again!

            I'm already envisioning Saturday's draw at $2 billion annuity. That would be insane - a $1 billion jump in a week. Crazy stuff.

            When Powerball does finally reset, they're going to have a heck of a time moving tickets. $40 million seems so small compared to billions. Perception and dreams is what drives sales, not reality.

            Ditto what others have posted - matrix change is highly likely for MM and/or PB in the near future. Many players will now expect billion dollar jackpots, and hence the odds will need to catch up to match. 1 in ~292 million won't cut it. 1 in a billion for a billion is more like it. Not sure how long that will keep players playing though. As the jackpots get ever larger, the law of diminishing returns will eventually flatten sales...

            The average player isn't going to shell out $10 or whatever twice a week for a 1 in a billion chance to win. Smart lotteries have already planned ahead and are increasing focus on in-state and regional games along with instant tickets; improving odds of winning lower, decent amounts verses touting another world record jackpot.

            Rambling on, but bottom line is a roll over seems relatively likely. Get ready for $2 billion.

              sonnet's avatar - Lottery-005.jpg

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              Posted: January 10, 2016, 5:21 pm - IP Logged

              If there is no ticket that matches the 6 balls on Wednesday, what will PB do? Reduce the cost of play, or  keep it rolling to drive the country into a temporary grip of lottery fever?  Would this action pare us from tuning into the 2016 Prez candidates  for the month of Jan?  What about the superbowl- playoffs--put that underneath the radar; not to forget all those folks with their 2016 resolutions of losing weight/stop smoking/be healthy/be in psychic contact with the self etc..Will they all be on hold for the PB?   

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                December 13, 2015
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                Posted: January 10, 2016, 5:22 pm - IP Logged

                If there is no ticket that matches the 6 balls on Wednesday, what will PB do? Reduce the cost of play, or  keep it rolling to drive the country into a temporary grip of lottery fever?  Would this action pare us from tuning into the 2016 Prez candidates  for the month of Jan?  What about the superbowl- playoffs--put that underneath the radar; not to forget all those folks with their 2016 resolutions of losing weight/stop smoking/be healthy/be in psychic contact with the self etc..Will they all be on hold for the PB?   

                yes

                  realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

                  United States
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                  February 27, 2011
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                  Posted: January 10, 2016, 5:27 pm - IP Logged

                  If there is no ticket that matches the 6 balls on Wednesday, what will PB do? Reduce the cost of play, or  keep it rolling to drive the country into a temporary grip of lottery fever?  Would this action pare us from tuning into the 2016 Prez candidates  for the month of Jan?  What about the superbowl- playoffs--put that underneath the radar; not to forget all those folks with their 2016 resolutions of losing weight/stop smoking/be healthy/be in psychic contact with the self etc..Will they all be on hold for the PB?   

                  No.  Maybe.  Possibly.  Without a doubt.

                    I'm feeling a jackpot win coming my way!

                    ohiopick3's avatar - Lottery-063.jpg
                    Ohio
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                    December 14, 2003
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                    Posted: January 10, 2016, 5:28 pm - IP Logged

                    I am sure someone has posted something similar to this. But don't have time to read them all.

                    There was "One" Jackpot winner so far from the new matrix since October 2015.

                    These large Jackpots will be available possibly 3 to 5 times each year if they keep it this way.

                    Don't get too discouraged if you don't hit it big, there will be many more like this in 2016.

                    But good luck to all that are trying. Watch your wallet too! That is a very important thing nowadays.

                    Estimated 48% in taxes total for Ohio if you take the "Cash Value". That's okay with me though.

                    But, Remember there will be more chances down the road.

                      lejardin's avatar - Lottery-014.jpg

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                      Posted: January 10, 2016, 5:33 pm - IP Logged

                      Time for me to eat my words.  I said no way would Powerball ever get to a billion.

                      I was wr .....  wrrr.... wroo...... wro.....wronnn...... I was WRONG.  That was harder than I thought lol.

                      I am also very surprised, as I guess most are that it was not won last nite.  Gives us all another chance.  Ok, on to dreaming of what I will do with this tremendous amount of money.

                      Good Luck everybody.

                        realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

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                        Posted: January 10, 2016, 5:39 pm - IP Logged

                        Time for me to eat my words.  I said no way would Powerball ever get to a billion.

                        I was wr .....  wrrr.... wroo...... wro.....wronnn...... I was WRONG.  That was harder than I thought lol.

                        I am also very surprised, as I guess most are that it was not won last nite.  Gives us all another chance.  Ok, on to dreaming of what I will do with this tremendous amount of money.

                        Good Luck everybody.

                        No lejardin, you are not spinning it properly.  What you meant when you said the Powerball would not ever get to a billion was the actual cash value, and you still stand by that projection... until it happens, then you spin it again and state you were referring to the after tax value!  This should cover you for quite some time, while remaining correct in your statement.

                          I'm feeling a jackpot win coming my way!

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                          Posted: January 10, 2016, 5:40 pm - IP Logged

                          I'm certain Mega Millions will change their matrix now. Even with their most recent matrix change, MM never gets high enough.

                            savagegoose's avatar - ProfilePho
                            adelaide sa
                            Australia
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                            Posted: January 10, 2016, 5:41 pm - IP Logged

                            the coparisn   t l gordoo is people will buy tickcet all year long and once a yeear there will be 1 big winner

                            2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                            keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                              sonnet's avatar - Lottery-005.jpg

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                              Posted: January 10, 2016, 5:48 pm - IP Logged

                              No.  Maybe.  Possibly.  Without a doubt.

                              Thank you.  That was a very good response.  Since this is a statistical game of probability that entails what if's".  One can assume that many in the country are dreaming of what would they do if they matched all 6 balls and  won?  The MSM is definitely on board, fuelling the excitment of winning 1.3 billion, in a gamble for an individual's future; the county for at least 4 days will be paralysed with lottery fever, for those who are prone to volunteer their $2.00   Isn't this the embodiment of capitalism?    We should be so lucky to enjoy this air of freedom to dream about money.  Afte the fact, the majority of us will be at work on Thursday, dealing with the doldrums of daily existence and those expenses.  But for a few days, many will be in the stratsophere of the "force is with you"...so to paraphrase that iconic movie; which I shall not see. 

                              Okay hit me with the best that you've got.

                              ~s

                                 
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