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Coronavirus severely hurting Massachusetts Lottery sales

Topic closed. 22 replies. Last post 2 years ago by lucky6025.

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Simpsonville
United States
Member #163182
January 22, 2015
2874 Posts
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That's what I'm doing, playing MM until this large jackpot is won and then I will concentrate on a smaller state game.

I Agree!    Same here and a crappy $5 million increase since no jackpot winner from last night.   It'll never happen in a million years, but wouldn't it be nice if MM & PB were more transparent?   I mean CEO salaries, expenses, the whole gambit.  Who here thinks like me that with the lower starting jackpots and lower rollover increases it will hurt the bottom line?   I think and hope it does!

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    * In hot pursuit of $ *
    White Shores- California
    United States
    Member #136471
    December 12, 2012
    6799 Posts
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    Our State lottery is looking a lot more appetizing than ever before. That " take home dollar" amount is life changing. Always had this Cool dream of retiring under the age of 40. I know l will tip a whole lot better once this crisis passes. I can see myself leaving a $20 tip for having a coffee & a donut.Approve

     * Voice of Reason *   

    * People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

      Stat$talker's avatar - animated sphere.gif
      700 light yrs West of Milky Way Galaxy's Center
      United States
      Member #200642
      September 1, 2019
      2434 Posts
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      I Agree!    Same here and a crappy $5 million increase since no jackpot winner from last night.   It'll never happen in a million years, but wouldn't it be nice if MM & PB were more transparent?   I mean CEO salaries, expenses, the whole gambit.  Who here thinks like me that with the lower starting jackpots and lower rollover increases it will hurt the bottom line?   I think and hope it does!

      I Agree!

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      These are the Lottery Voyages of Stat$talker..!!

      The ongoing Mission,..to seek out the Laws of "Probability Math"...

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        Kentucky
        United States
        Member #32651
        February 14, 2006
        9570 Posts
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        I Agree!    Same here and a crappy $5 million increase since no jackpot winner from last night.   It'll never happen in a million years, but wouldn't it be nice if MM & PB were more transparent?   I mean CEO salaries, expenses, the whole gambit.  Who here thinks like me that with the lower starting jackpots and lower rollover increases it will hurt the bottom line?   I think and hope it does!

        Saw an article from Jan. 12, 2016 about the PB jackpot in How Stuff works.  And the article explains why PB and MM will lose money if the jackpot is won in the first few drawing after the roll-over. Ticket sales in the last two PB drawings were about $32 million and if the figure "34%" of every $2 in sales goes to the jackpot that created $21.12 cash jackpot. Under the last payout structure, the estimated jackpot would be $60 million and if anyone knows how someone could purchase a $60 million payout 29 year annuity with $21.12 million, I want in too.

        I believe there are several reasons why both MM and PB are and will lose their popularity and lowering the start-up jackpot is just one. Another is the terrible smaller prize payouts. Can get the same $10 for matching three numbers playing a 5/39 game. With odd of 18 million to 1 of winning a $1 million, don't hold your breath. Might be the right time to re-evaluate and change one of the games and make it more player friendly.

        "Let's go Darwin"

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          Simpsonville
          United States
          Member #163182
          January 22, 2015
          2874 Posts
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          Saw an article from Jan. 12, 2016 about the PB jackpot in How Stuff works.  And the article explains why PB and MM will lose money if the jackpot is won in the first few drawing after the roll-over. Ticket sales in the last two PB drawings were about $32 million and if the figure "34%" of every $2 in sales goes to the jackpot that created $21.12 cash jackpot. Under the last payout structure, the estimated jackpot would be $60 million and if anyone knows how someone could purchase a $60 million payout 29 year annuity with $21.12 million, I want in too.

          I believe there are several reasons why both MM and PB are and will lose their popularity and lowering the start-up jackpot is just one. Another is the terrible smaller prize payouts. Can get the same $10 for matching three numbers playing a 5/39 game. With odd of 18 million to 1 of winning a $1 million, don't hold your breath. Might be the right time to re-evaluate and change one of the games and make it more player friendly.

          Your last sentence sums it all up.   What is the old saying 'cut off your nose to spite your face'?  To me the lottery can't see the forest for the trees.  Give it time, once MM is won and both have crappy top jackpots I think sales will tank even more.

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            SOUTH CAROLINA
            United States
            Member #35626
            March 20, 2006
            48 Posts
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            Good...

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              Simpsonville
              United States
              Member #163182
              January 22, 2015
              2874 Posts
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              I Agree!

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                Framingham,Ma
                United States
                Member #87366
                February 23, 2010
                66 Posts
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                hard to believe State is Whining over lottery sales, when alot of businesses will close for good over virus. Think of How many people either not getting a paycheck or less then were getting or waiting for stimulus/ unemployment checks. Only thing Mass lottery is losing is CEO bonuses will be less, yes people will say money goes to cities/towns but how much as most cities/towns now have that money in general fund, no longer school funds as it was intended