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Mega Millions ponderously reaches $280 million

Topic closed. 65 replies. Last post 6 months ago by music*.

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ArizonaDream's avatar - Lottery-009.jpg

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October 10, 2015
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Posted: June 11, 2016, 8:16 am - IP Logged

 I look at these small roll overs as more chances for us regular players to win before it hits a new record jackpot.

 I will be very satisfied when I get the check for $148,680,650.00

 Just imagine how I could invest that principal and live off the interest/dividends.

 Tuesday night can't come quick enough.Yawn

Last night's rollover was 13 million for the annuity, but 11.7 for the cash lump-sum. The ratio of cash to annuity increased again, from about .666 to around .676.   Has the annuity ever looked worse, as far as getting locked in to a low interest rate for 29 years?

The cash payout should move up a bit on the top 25 list, despite not producing the frenzy-inducing major news headlines yet.


    United States
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    February 13, 2011
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    Posted: June 11, 2016, 9:07 am - IP Logged

    People aren't bothering to play because "Can't win" is so strong with this one.

    It will not be won until EVERY possible number combination is sold, bank on it.

    By the way, look at the numbers drawn last night, it was trends!

      Teddi's avatar - Lottery-008.jpg

      United States
      Member #142499
      May 13, 2013
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      Posted: June 11, 2016, 12:13 pm - IP Logged

      A thirteen million dollar rollover on a $280M annuity jackpot.

      Paula Otto says they're "satisfied."   Well, I know why I don't play MM very often.   They nearly doubled the odds against winning the jackpot while announcing that they were improving the odds, doublespeak, in typical lottery fashion.

      If you reduce the value of a product, you should not expect sales to go up, but they did, and they're satisfied.

      Wow.

      You have to know that this is their PR spin. 

      No way was marketing going to let them make a statement having to acknowledge that they went through the time and expense of a complete matrix change in the hopes of achieving fewer but higher jackpot values, only to have sales be embarrassingly decreased just a few years after the fact. 

      What's happening now is the opposite of what they want or expected, but since "OOPS" doesn't make for a good headline, they're putting their best foot forward and claiming satisfaction. I'd actually love to see Powerball overtake them, just to hear what the spin would be then.

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        New Jersey
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        September 4, 2005
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        Posted: June 11, 2016, 5:41 pm - IP Logged

        You have to know that this is their PR spin. 

        No way was marketing going to let them make a statement having to acknowledge that they went through the time and expense of a complete matrix change in the hopes of achieving fewer but higher jackpot values, only to have sales be embarrassingly decreased just a few years after the fact. 

        What's happening now is the opposite of what they want or expected, but since "OOPS" doesn't make for a good headline, they're putting their best foot forward and claiming satisfaction. I'd actually love to see Powerball overtake them, just to hear what the spin would be then.

        Yes, I know this is PR spin.

        Even though they generally assume that lottery players are stupid by raising the odds and announcing that they're reducing them - a bald faced lie - I think they themselves are smart enough to recognize that their plan isn't working.

        I assume we'll see some kind of change to this game within the next few months.   They've pretty much destroyed it, producing a game with 27 rollovers and nothing like a record jackpot, not even close to one.

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          LA Ca.
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          February 3, 2016
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          Posted: June 11, 2016, 6:16 pm - IP Logged

          We've been over this more than a dozen times and the urban legend still is believed to be true.

          I don't care how many tickets are involved, each individual set of numbers is up against the same odds. One and only one set of winning numbers is drawn.

          The people who don't understand it failed basic statistics in school.

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            Simpsonville
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            January 22, 2015
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            Posted: June 11, 2016, 8:04 pm - IP Logged

            Ladies and Gentlemen now back to your original programming.  Lottery fatigue again strikes, MM only went up $13 million from the last draw.

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              Kentucky
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              February 14, 2006
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              Posted: June 11, 2016, 10:04 pm - IP Logged

              depends on if those 2 tickets have the same 6 numbers on then or not.  use a 6 sided dice its easier to get your head around hopw that works.  same practice, just with 1 in 6 odds . 

              just roll it 24 times and count how many 1 or 2 's come up.  compare that to how many ones come up. roughly double.

              In Craps just like in MM and PB there are multiple ways to lose, but unlike in jackpot games where only one of millions of combos can win, in Craps there are more than one to win. For instance if the point is "six" there are 5 ways to roll a six and 6 ways to lose rolling "seven". The odds are 6/5 against winning the bet.

              No matter how many different tickets are purchased, only one of the 258 million plus MM combos will be drawn.

                Kingofearth's avatar - Kinnak
                Upstate NY
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                Posted: June 13, 2016, 1:18 am - IP Logged

                Ladies and Gentlemen now back to your original programming.  Lottery fatigue again strikes, MM only went up $13 million from the last draw.

                Imagine if no one wins it Tuesday and it doesn't even get to 300M (293 now). If that happens, they'll panic. 

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                  Simpsonville
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                  January 22, 2015
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                  Posted: June 13, 2016, 5:44 am - IP Logged

                  Imagine if no one wins it Tuesday and it doesn't even get to 300M (293 now). If that happens, they'll panic. 

                  Perhaps if Powerball wasn't climbing along side of it, MM would definitely jump another $7 million for Tuesday.  Who knows, maybe they will round it up.

                    Drenick1's avatar - villiarna
                    USA
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                    Posted: June 13, 2016, 10:14 am - IP Logged

                    Imagine if no one wins it Tuesday and it doesn't even get to 300M (293 now). If that happens, they'll panic. 

                    That would indeed be a shocker but I highly doubt it won't exceed $300million if it rolls over.

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                      Simpsonville
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                      Posted: June 13, 2016, 10:34 am - IP Logged

                      That would indeed be a shocker but I highly doubt it won't exceed $300million if it rolls over.

                      It certainly would go over $300 million if it rolls over, I think that is what you meant to say.  Anyway it doesn't matter---get your lucky ticket(s)!

                        Kingofearth's avatar - Kinnak
                        Upstate NY
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                        Posted: June 13, 2016, 10:27 pm - IP Logged

                        Perhaps if Powerball wasn't climbing along side of it, MM would definitely jump another $7 million for Tuesday.  Who knows, maybe they will round it up.

                        Powerball is at 150M, it's not a factor in the slow growth of MM. 

                          Kingofearth's avatar - Kinnak
                          Upstate NY
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                          Posted: June 13, 2016, 10:29 pm - IP Logged

                          That would indeed be a shocker but I highly doubt it won't exceed $300million if it rolls over.

                          Neither do I, but it technically could given MM only has a 5M minimum increase requirement. 

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                            Simpsonville
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                            January 22, 2015
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                            Posted: June 14, 2016, 9:05 am - IP Logged

                            Powerball is at 150M, it's not a factor in the slow growth of MM. 

                            I know that, what I'm trying to say when lotteries are chasing one another, the jackpot grow slower.  Look at the times when one was 'low' and the other much higher.  The subsequent drawings for the higher one took off like a rocket, just look at previous jackpots over the years.

                              Funtimz's avatar - Lottery-022.jpg

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                              March 30, 2015
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                              Posted: June 14, 2016, 9:56 am - IP Logged

                              I'm ready for a piece of it...

                              Take Risks: If you win, you'll be happy.  If you lose, you will be wiser...