Merging Powerball and Mega Millions?

Reply #13

ryanm — Sun, 03 Apr 2005 16:38:22 GMT

I would also switch the match 4 and match 3+1 prizes, since it's slightly easier to match 4 than it is to match 3+1. Adopting DrEw's prize structure would give only 4.03% of the prize pool to the jackpot winner. Under a 50% return rate, this means only $0.02 of every $1 played would go to the jackpot, which sort of defeats the purpose of a high rolling jackpot game. BTW, the odds of matching 0+1 under a 6/48 + 1/20 matrix are 1 in 46.79.

Reply #12

DoctorEw220 — Sun, 03 Apr 2005 07:58:57 GMT

ok. switch the two prizes then.

Reply #11

ryanm — Sun, 03 Apr 2005 06:59:18 GMT

Also, match 3 should not pay more than match 2+1 because it is easier to match 3 than it is to match 2+1 under a 6/48 + 1/20 matrix.

Reply #10

JimmySand9 — Sun, 03 Apr 2005 04:12:19 GMT

I'd like that better too, but they'd have to cut into the jackpot.

Reply #9

MMGuy — Sun, 03 Apr 2005 03:46:32 GMT

I agree EW.

Reply #8

DoctorEw220 — Sun, 03 Apr 2005 03:39:26 GMT

Quote: Originally posted by ryanm on April 2, 2005 Just for fun, I created a possible prize structure for a national 6/48 + 1/20 game. Prizes would be paid for matching 6+1, 6, 5+1, 5, 4+1, 4, 3+1, 3, 2+1, and 1+1 (but not 0+1, since it's not that much harder to hit 1+1 than it is 0+1). Assuming a prize pool of 50% of sales, and assuming 63.98% of the prize pool is for the jackpot, the following prize structure would be possible:<SPAN style= FONT-SIZE: 9pt; FONT-FAMILY: Verdana >Match<SPAN style... [ More ]

Reply #7

LOTTOMIKE — Sun, 03 Apr 2005 03:17:05 GMT

Reply #6

JimmySand9 — Sun, 03 Apr 2005 03:03:52 GMT

Reply #5

LOTTOMIKE — Sun, 03 Apr 2005 01:38:54 GMT

i think powerball and mega millions will always be around,but does anyone think there would be a chance that either one might go out of business or fail to attract players after a certain amount of time,or better yet does anyone think there might be room for a third multistate game structured like them

Reply #4

golotto — Sun, 03 Apr 2005 00:31:09 GMT

combining powerball and megamillions...i get nervous even thinking about it and truly prefer keeping the two separate multi-state jackpot gameseven if for no other reason than diversity and variety

Reply #3

ryanm — Sun, 03 Apr 2005 00:13:46 GMT

That would make the odds of winning the jackpot 1 in 245,430,240. I suppose a national lottery with this matrix could work.

Reply #2

JimmySand9 — Sat, 02 Apr 2005 23:20:04 GMT

America needs a national lottery. It would help bring the nation together, everyone chasing half a billion dollars. But one thing that the game would need is easy to win smaller prizes, to keep people encouraged. Maybe 6/48 + 1/20

Reply #1

Todd — Sat, 02 Apr 2005 23:17:18 GMT

Personally, I like having two separate games, rather than one big game. Also, I think at some point the laws of diminishing returns kicks in. The odds get so high that the effect of a larger player base matters less.

Merging Powerball and Mega Millions?

Blalron — Sat, 02 Apr 2005 23:13:11 GMT

Imagine if the two combined into one giant, truly national lottery.Make the odds 1 in 250 million or something along those lines.Make the Jackpots start at 30 million, possibly climbing up to 500 or 600 million.They could call it Mega Ball.Good idea