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		<title>Payouts should refect the lottery odds.</title>
		<link>https://blogs.lotterypost.com/jadelottery/2019/1/payouts-should-refect-the-lottery-odds.htm</link>
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		<description>JADELottery's Blog: Payouts should refect the lottery odds.</description>
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			<title>Comment #1</title>
			<link>https://blogs.lotterypost.com/jadelottery/2019/1/payouts-should-refect-the-lottery-odds.htm#c200496</link>
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			<pubDate>Tue, 15 Jan 2019 15:25:52 GMT</pubDate>
			<dc:creator>JADELottery</dc:creator>
			<description><![CDATA[<p>&#x3c;br /&#x3e;In our opinion, the whole payout structure and multiplier scheme is gear toward patronizing the Jackpot Junkies.&#x3c;br /&#x3e;&#x3c;br /&#x3e;Redistribute the prize allocation to the lower tier and spread the money around a bit.</p>]]></description>
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			<title>Original Blog Entry: Payouts should refect the lottery odds.</title>
			<link>https://blogs.lotterypost.com/jadelottery/2019/1/payouts-should-refect-the-lottery-odds.htm</link>
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			<pubDate>Mon, 14 Jan 2019 15:39:31 GMT</pubDate>
			<dc:creator>JADELottery</dc:creator>
			<description><![CDATA[<p>In our opinion, the payouts should be the following:<br /><br />Powerball<br /><br />Match<br /><br />Odds<br /><br />Actual Prize<br /><br />Suggested Prize<br /><br />5 + 0<br /><br />1 in 11,688,053.5200<br /><br />$1,000,000<br /><br />$1,200,000<br /><br />4 + 1<br /><br />1 in 913,129.1813<br /><br />$50,000<br /><br />$90,000<br /><br />4 + 0<br /><br />1 in 36,525.1673<br /><br />$100<br /><br />$3,500<br /><br />3 + 1<br /><br />1 in 14,494.1140<br /><br />$100<br /><br />$1,500<br /><br />3 + 0<br /><br />1 in 579.7646<br /><br />$7<br /><br />$55<br /><br />2 + 1<br /><br />1 in 701.3281<br /><br />$7<br /><br />$70<br /><br />1 + 1<br /><br />1 in 91.9775<br /><br />$4<br /><br />$9<br /><br />0 + 1<br /><br />1 in 38.3239<br /><br />$4<br /><br />$4<br /><br />Mega Millions<br /><br />Match<br /><br />Odds<br /><br />Actual Prize<br /><br />Suggested Prize<br /><br />5 + 0<br /><br />1 in 12,607,306.2500<br /><br />$1,000,000<br /><br />$1,200,000<br /><br />4 + 1<br /><br />1 in 931,001.0769<br /><br />$10,000<br /><br />$90,000<br /><br />4 + 0<br /><br />1 in 38,791.7115<br /><br />$500<br /><br />$3,800<br /><br />3 + 1<br /><br />1 in 14,546.8918<br /><br />$200<br /><br />$1,500<br /><br />3 + 0<br /><br />1 in 606.1205<br /><br />$10<br /><br />$60<br /><br />2 + 1<br /><br />1 in 692.7091<br /><br />$10<br /><br />$70<br /><br />1 + 1<br /><br />1 in 89.3818<br /><br />$4<br /><br />$9<br /><br />0 + 1<br /><br />1 in 36.6319<br /><br />$2<br /><br />$4<br /><br />The 4 + 0 and 3 + 1 payouts are really inadequate for the lottery odds we are betting against.<br /><br />Complete set of lottery odds:<br /><br />Powerball Odds<br /><br />Powerball<br /><br />1<br /><br />0<br /><br />White Balls<br /><br />5<br /><br />1 in 292,201,338.0000<br /><br />1 in 11,688,053.5200<br /><br />4<br /><br />1 in 913,129.1813<br /><br />1 in 36,525.1673<br /><br />3<br /><br />1 in 14,494.1140<br /><br />1 in 579.7646<br /><br />2<br /><br />1 in 701.3281<br /><br />1 in 28.0531<br /><br />1<br /><br />1 in 91.9775<br /><br />1 in 3.6791<br /><br />0<br /><br />1 in 38.3239<br /><br />1 in 1.5330<br /><br />Mega Millions Odds<br /><br />Mega Ball<br /><br />1<br /><br />0<br /><br />White Balls<br /><br />5<br /><br />1 in 302,575,350.0000<br /><br />1 in 12,103,014.0000<br /><br />4<br /><br />1 in 931,001.0769<br /><br />1 in 37,240.0431<br /><br />3<br /><br />1 in 14,546.8918<br /><br />1 in 581.8757<br /><br />2<br /><br />1 in 692.7091<br /><br />1 in 27.7084<br /><br />1<br /><br />1 in 89.3818<br /><br />1 in 3.5753<br /><br />0<br /><br />1 in 36.6319<br /><br />1 in 1.4653<br /><br />... &#x5b;&#xa0;<a href="https://blogs.lotterypost.com/jadelottery/2019/1/payouts-should-refect-the-lottery-odds.htm">More</a>&#xa0;&#x5d;</p>]]></description>
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