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Simpsonville United States Member #163182 January 22, 2015 2924 Posts Offline | That's what I'm doing, playing MM until this large jackpot is won and then I will concentrate on a smaller state game.  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 6815 Posts Offline | Our State lottery is looking a lot more appetizing than ever before. That " take home dollar" amount is life changing. Always had this  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. * Voice of Reason * * People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw. | | |
700 light yrs West of Milky Way Galaxy's Center United States Member #200642 September 1, 2019 2579 Posts Offline | 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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Kentucky United States Member #32651 February 14, 2006 9628 Posts Offline | 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. "When will we ever learn?" | | |
Simpsonville United States Member #163182 January 22, 2015 2924 Posts Offline | 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. | | |
SOUTH CAROLINA United States Member #35626 March 20, 2006 48 Posts Offline | | | |
Simpsonville United States Member #163182 January 22, 2015 2924 Posts Offline | | | |
Framingham,Ma United States Member #87366 February 23, 2010 66 Posts Offline | 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 | | |
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