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Powerball to lower jackpot starting point and increases due to plunge in sales

Topic closed. 75 replies. Last post 1 year ago by KY Floyd.

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SaraAnnRapp's avatar - Lottery-059.jpg

United States
Member #205232
March 19, 2020
316 Posts
Offline

Lower jackpots for an impossible odds game will surely help sell more tickets. Roll Eyes

Ain't that the truth! LOL

    SaraAnnRapp's avatar - Lottery-059.jpg

    United States
    Member #205232
    March 19, 2020
    316 Posts
    Offline

    It would interesting to see what happens after the COVID crisis is over. I haven't bought a powerball ticket in 6 or 7 weeks so it won't change my habits anyway.

    I too have stopped buying tickets for these games. Right now I'm going to wait until April to see if my state runs the planned raffle. If so I will buy tickets for that. But I don't know when I will go back to playing PB and MM.

      Avatar
      Kentucky
      United States
      Member #32651
      February 14, 2006
      9207 Posts
      Offline

      "making changes to the multi-state lottery game's jackpot due to sagging sales"

      How will lowering the jackpot create better sales? 

      Just wondering.

      It's not my fault! I voted for Amy.

        Teddi's avatar - Lottery-008.jpg

        United States
        Member #142493
        May 13, 2013
        1394 Posts
        Offline

        So instead of decreasing the ticket price or improving the odds, they've opted to make the jackpot less appealing to John Q Public. Yeah, makes perfect senseBS

          Avatar
          Louisiana
          United States
          Member #191892
          August 27, 2018
          781 Posts
          Offline

          Self isolation. It might be better to not play at all. Don't risk the lives of your household for non-winning lottery tickets, be ultra safe. No Pity!

          All number sets are contenders until the drawing occurs.

            JAMORA's avatar - ladyclover
            NC
            United States
            Member #164391
            February 28, 2015
            3772 Posts
            Offline

            Self isolation. It might be better to not play at all. Don't risk the lives of your household for non-winning lottery tickets, be ultra safe. No Pity!

            I Agree!

            Stay home people!

            And this change certainly didn't entice me to buy a ticket....lol

            "Don't waste time, it's the stuff life's made of..."

            VTs are like looking for a sewing kit in a haystack as opposed to looking for the needle.

              Avatar

              New Zealand
              Member #177451
              September 29, 2016
              43 Posts
              Offline

              How so ?

              I thought cash value is based on the cash on hand after expenses of the game 

              cash value is (I assume) based on "cash on hand".

              The annuity value (aka "the jackpot") is what they can buy with the cash value.

               

              My records seem to indicate that the cash value is actually increasing (last cycle (when the jackpot got above $160m) next  is worth $171m, with a cash value of $116.2m...

              $116.2m is less than the current ($160m jackpot) cash value of $122.4m.

                Rushingwind$'s avatar - happy

                United States
                Member #199275
                June 30, 2019
                707 Posts
                Offline

                So instead of decreasing the ticket price or improving the odds, they've opted to make the jackpot less appealing to John Q Public. Yeah, makes perfect senseBS

                RantI Agree!

                Let this money come like a rushing wind Banana

                  TheMeatman2005's avatar - lightening
                  Brooklyn, NY
                  United States
                  Member #169716
                  October 29, 2015
                  1527 Posts
                  Offline

                  In last night's Power Ball drawing there were no jackpot winners, so the annuity amount does go to $160 mil.

                  There were two tickets that matched 5 of 5 without the PB # for a $1 mil prize and two tickets that added the Powerplay and won $2 mil.

                  The two tickets without the Powerplay were sold in Colorado and the two with the Powerplay were sold in Oregon.

                  I wonder if each of the two tickets were purchased by the same person. What?

                  Some people buy the same set of numbers twice so if there are multiple winners they would receive two shares of the jackpot.

                  Stay safe people!

                  The Meatman 🥩🍗🍔🍖🍤🌭

                  “The quickest way to double your money is to fold it in half and put it in your back pocket.” Will Rogers

                  Winning happens in a flash, Like A Bolt Of Lightning!  Patriot

                    ErikB14's avatar - Lottery-049.jpg
                    New Member
                    Clifton NJ
                    United States
                    Member #164633
                    March 9, 2015
                    17 Posts
                    Offline

                    I believe the Power ball /Mega millions should be replaced' for a Yearly Raffle, like EL Gordo(The fat one$$)...with a guaranteed 400,000 winners. 

                    Im not longer interested in playing the Powerball' until they reduced the wager price to $1 buck per line.

                      rcbbuckeye's avatar - Lottery-062.jpg
                      100
                      Texas
                      United States
                      Member #55887
                      October 23, 2007
                      11495 Posts
                      Offline

                      In last night's Power Ball drawing there were no jackpot winners, so the annuity amount does go to $160 mil.

                      There were two tickets that matched 5 of 5 without the PB # for a $1 mil prize and two tickets that added the Powerplay and won $2 mil.

                      The two tickets without the Powerplay were sold in Colorado and the two with the Powerplay were sold in Oregon.

                      I wonder if each of the two tickets were purchased by the same person. What?

                      Some people buy the same set of numbers twice so if there are multiple winners they would receive two shares of the jackpot.

                      Stay safe people!

                      One from Georgia with powerplay, and one from Oregon with powerplay.

                      CAN'T WIN IF YOU'RE NOT IN

                      A DOLLAR AND A DREAM (OR $2)

                        reddog's avatar - reddog 20avatar.jpg
                        Durham, North Carolina
                        United States
                        Member #1616
                        June 5, 2003
                        3500 Posts
                        Offline

                        Is that the way you gonna play huh? Well, how about dropping it to $1 a line as well. Or $2 a line, but pick from 50 balls from one barrel & 10 mega balls. Fair is fair.Approve

                        I Agree!

                        Taking it one drawing at a time.

                          TheMeatman2005's avatar - lightening
                          Brooklyn, NY
                          United States
                          Member #169716
                          October 29, 2015
                          1527 Posts
                          Offline

                          One from Georgia with powerplay, and one from Oregon with powerplay.

                          On the NYS Lottery website  https://nylottery.ny.gov/powerball/past-winning-numbers it shows:

                          DRAWING RESULTS

                          DATE

                          WINNING NUMBERS

                          POWERBALL

                          POWER PLAY

                          03/25/2020

                          05-09-27-39-42

                          16

                          X2

                          close-button

                          POWERBALL + NO POWERPLAY

                          0 winners of $150 Million.

                          2 second-prize winners of $1 Million. Winning tickets sold in CO.

                          PRIZE LEVEL

                          NUMBERS MATCHED

                          PRIZE

                          NY WINNERS

                          1ST
                          $0.000
                          2ND$1,000,000.000
                          3RD
                          $50,000.001
                          4TH$100.0023
                          5TH
                          $100.0068
                          6TH$7.001311
                          7TH
                          $7.00901
                          8TH
                          $4.006374
                          9TH$4.0014649

                          POWERBALL + POWERPLAY

                          2 second-prize winners of $2 Million. Winning tickets sold in OR.

                          PRIZE LEVEL

                          NUMBERS MATCHED

                          PRIZE

                          NY WINNERS

                          2ND$2,000,000.000
                          3RD
                          $100,000.000
                          4TH$200.004
                          5TH
                          $200.0011
                          6TH$14.00156
                          7TH
                          $14.00113
                          8TH
                          $8.00820
                          9TH$8.001775

                          The Meatman 🥩🍗🍔🍖🍤🌭

                          “The quickest way to double your money is to fold it in half and put it in your back pocket.” Will Rogers

                          Winning happens in a flash, Like A Bolt Of Lightning!  Patriot

                            rcbbuckeye's avatar - Lottery-062.jpg
                            100
                            Texas
                            United States
                            Member #55887
                            October 23, 2007
                            11495 Posts
                            Offline

                            On the NYS Lottery website  https://nylottery.ny.gov/powerball/past-winning-numbers it shows:

                            DRAWING RESULTS

                            DATE

                            WINNING NUMBERS

                            POWERBALL

                            POWER PLAY

                            03/25/2020

                            05-09-27-39-42

                            16

                            X2

                            close-button

                            POWERBALL + NO POWERPLAY

                            0 winners of $150 Million.

                            2 second-prize winners of $1 Million. Winning tickets sold in CO.

                            PRIZE LEVEL

                            NUMBERS MATCHED

                            PRIZE

                            NY WINNERS

                            1ST
                            $0.000
                            2ND$1,000,000.000
                            3RD
                            $50,000.001
                            4TH$100.0023
                            5TH
                            $100.0068
                            6TH$7.001311
                            7TH
                            $7.00901
                            8TH
                            $4.006374
                            9TH$4.0014649

                            POWERBALL + POWERPLAY

                            2 second-prize winners of $2 Million. Winning tickets sold in OR.

                            PRIZE LEVEL

                            NUMBERS MATCHED

                            PRIZE

                            NY WINNERS

                            2ND$2,000,000.000
                            3RD
                            $100,000.000
                            4TH$200.004
                            5TH
                            $200.0011
                            6TH$14.00156
                            7TH
                            $14.00113
                            8TH
                            $8.00820
                            9TH$8.001775

                            Hmmmmm.

                            I had just checked on USAMega.

                            CAN'T WIN IF YOU'RE NOT IN

                            A DOLLAR AND A DREAM (OR $2)

                              TheMeatman2005's avatar - lightening
                              Brooklyn, NY
                              United States
                              Member #169716
                              October 29, 2015
                              1527 Posts
                              Offline

                              Hmmmmm.

                              I had just checked on USAMega.

                              It's possible the NYS Lottery site is wrong. I'll go with the results on https://www.usamega.com/

                              Thanks RC

                              The Meatman 🥩🍗🍔🍖🍤🌭

                              “The quickest way to double your money is to fold it in half and put it in your back pocket.” Will Rogers

                              Winning happens in a flash, Like A Bolt Of Lightning!  Patriot