How Long Will It Be Until We Have A Lotto Billionaire ?

Reply #44

pacattack05 — Sat, 30 Jun 2007 00:58:28 GMT

A billion years.

Reply #43

Yukio — Sat, 30 Jun 2007 00:25:14 GMT

I am not sure , Is one billion (per year) much money?

The Brazilian govern need to replace some games for support the Football teams.Since there is no more houses of Bingo and electronic Keno in the states , there will be another type of game for all states, not only the ones that supported the Football (Soccer) game.

To bad that this will not be a One Billion Lottery game ...

Reply #42

pumpi76 — Fri, 29 Jun 2007 16:50:32 GMT

I made a mistake....I previously said:

And in 10 drawings (theoretically in 1 month and 2 weeks) almost 1 billion dollars...And if you add all the states except Alaska you should/can add 300 million to those 1 billion dollars....And if you allow where people from all over the world can play this U.S.A's National Lottery on the internet, i say you can add another 100 million dollars to those....

what i meant to say is that: Not in 10 drawings but in 20 drawings (theoretically in 3 month... [ More ]

Reply #41

manzplan — Fri, 29 Jun 2007 04:14:50 GMT

btw Aston I would like to see you win enough where you could live your dreams out as well. I would like to see everyone do that.

Thing is that I just wish people could be realistic at how much their dreams will cost. I wish for people who do win huge jackpots or small jackpots that their families, friends, and the world would be realistic at the amount those winners won. Realistic about how far exactly that money will go.

Some are sure but there are so many cases where people win even sm... [ More ]

Reply #40

lottolaughs — Fri, 29 Jun 2007 02:10:19 GMT

Guess it's never too early for fireworks on the LP

Reply #39

manzplan — Fri, 29 Jun 2007 01:59:07 GMT

In the first place. What I would want to win is only about 40 Million at the top range and about 15 Million at the bottom end for the plans my wife and I have. However that being said the bottom range is something that is within our means regardless of a lottery win over the next 10 years. Spending a couple dollars a week on that chance is really no big thing to us. We're not those type of people who drop $100 on lottery tickets when it gets big even though we could.

However if there was a 1... [ More ]

Reply #38

Guru101 — Wed, 27 Jun 2007 23:12:59 GMT

Well, maybe not a global lottery. Maybe an international lottery though.

Reply #37

mylollipop — Wed, 27 Jun 2007 09:07:10 GMT

A National Lottery will do it! Maybe even a GLOBAL Lottery. Yeah, that would definitely do it.

Reply #36

Aston — Wed, 27 Jun 2007 03:53:18 GMT

manzplan,

And the only person up here who is fighting their inner demon is you because greed has become such a great part of your life you want to win a billion dollars. Talk about greed, it definitely has no dept in human being.

A wiseman once says, if you could count your deeds this lifetime, than you have NOT done enough. Does this remind you of someone? What I do to help the mother earth is or the less fortunate is a secret. I don't have to on the website and proclaim to wor... [ More ]

Reply #35

Aston — Wed, 27 Jun 2007 03:46:17 GMT

Manzplan and RJOh, a wise man once say if you can count your deed in this life than you have NOT done enough. Does this sound familar to you two

Reply #34

pumpi76 — Wed, 27 Jun 2007 01:06:51 GMT

I also favor the idea of creating a Powerball style lottery (for the U.S and every country) that will cost 25 cents and whose jackpot will be 25% of the starting jackpot of 12 or 10 million dollars...I'll be glad if the Powerball lottery that cost 25 cents will pay 3 million dollars...This 25 cents Powerball should be the same matrix as existing Powerball right now...So there should be 2 powerballs, one that cost 25 cents and another that cost 2 dollars in most countries....

For th... [ More ]

Reply #33

Yukio — Tue, 26 Jun 2007 22:58:13 GMT

I am favorable to a increment in the matrix , only if it would be possible to use full combinations for the tickets . There is no need to increase the value of the lottery tickets. Italy already has SuperEnalotto that feature a 6/90 matrix. Full combinations are useful in several countries like Australia , Brasil and Canada ...

Reply #32

Guru101 — Tue, 26 Jun 2007 22:58:07 GMT

There was a time when only the superrich had $1 Million or more. Those days are gone. Saying a $1 Billion jackpot will never happen(as long as the lottery stays in existance), would not be realistic. It could very happen, it just might be 50 or more years before it does. Of course $1 Billion won't be considered as much as it is now. It'll still be a lot of money though.

Reply #31

pumpi76 — Tue, 26 Jun 2007 20:56:12 GMT

I think if they raise the prize of each ticket from 1 dollar to 2 dollars, each year the jackpot will reach around 750 million and if they raise the ticket to 3 dollars it will definately reach to 1 billion dollars once a year....I champion the idea that they should raise the ticket from 1 dollar to at least 2 or 3 dollars....Some people may disagree with me...If they were to merge MM PB and keep the price of each ticket to 1 dollar i say the jackpot will reach 1 billion dollars every 4 or 5 m... [ More ]

Reply #30

manzplan — Tue, 26 Jun 2007 19:09:27 GMT

thank you, this Aston person like many others seem to think that everyone has the same moral obligation as they impose upon themselves and others.

My thing is that I have no moral obligation to help People now or when I win the lottery.

My path has been set and I am on that path now without having a large lottery win behind me. I am doing what I dream about doing with a large lottery win already only on a smaller scale and with earned monies. For Aston to compared me to David Edwards i... [ More ]

Reply #29

RJOh — Tue, 26 Jun 2007 17:30:44 GMT

Those are harsh remarks for someone you don't know. My experience has been that those kinds of remarks are usually saved for people who have turn down someone request for money but most people feel the same way about giving their money away.

Reply #28

KY Floyd — Tue, 26 Jun 2007 16:51:13 GMT

The MM people were definitely caught off guard unless they were being very cautious about advertising ajackpot that was too high. When the previous jackpot rolled they initially advertised the next jackpot as $340 million. On Monday they bumped it to 355 and they bumped it again, to 370, about 24 hours later. After the two bumps increased it by $30 million, the final accounting added another $20 million for an increase of $115 million over the previous jackpot.That was just over a 40% jump

Reply #27

time*treat — Tue, 26 Jun 2007 14:04:35 GMT

Somewhere between 2025 ~ 2050.

More likely 1 million ameros (6 zeroes) rather than 1 trillion (12 zeroes).

Usually 3 zeroes are lopped off when a new currency is issued; calms the sheeple.

Reply #26

Aston — Tue, 26 Jun 2007 07:25:33 GMT

By the way when you bought that lottery ticket or tickets remember if you're not the only one buying so there are millions of other people too. And their chance of winning is just as good as yours, even if they don't plan to put money to good use like Jack and Edward, well Edward did donate some money. But you get the point.

Reply #25

Aston — Tue, 26 Jun 2007 07:22:48 GMT

sure whatever you says bro, just like David Edward when got his check live on tv and says how he NOT going to buy expansive cars and mansion. And than went around and went the opposite, what you do with the money is none of my concern. All I'm saying is that Greed has no dept in some human being.

Reply #24

manzplan — Sun, 24 Jun 2007 07:24:22 GMT

Get this straight. My area of concern isn't people. In fact I think there are too many people in the world at over 6 Billion. My area of concern is the environment, plants, and animals. So that is what I would be using any lottery winnings on and frankly I don't need anyone telling me how to use the money I have now or money from a future lottery win because I know how to use what I have now and any further money just fine for what I find important. And it's not people.

You can call me greed... [ More ]

Reply #23

Aston — Sun, 24 Jun 2007 06:57:56 GMT

It probably will never happen, and no offend but I got to says that your probably one of the one greediest person on this website.

Yeah! sure many of us here want to win a large some of money of help ourself and family members.

Greed definitely has no dept in some people in this world's.....gee...shh...

Reply #22

manzplan — Sun, 24 Jun 2007 05:20:15 GMT

I would since I have no problem whatsoever saying No!! to people asking for money..... Also people can't even find our property when we give them detailed directions now lol......

People not knowing our physical address after a lottery win is the only benefit I can see to the way our rurual route address is set up now... Site Box Rurual Route... I can't even get a Fedex delivery... everytime I buy something from Ebay I have to ensure they send it through the post.

So those things w... [ More ]

Reply #21

Coin Toss — Sun, 24 Jun 2007 04:21:36 GMT

Since this thread is still going......

Consdiering some recent threads, such as the one in News about the thwarted kidnapping attempt of the Montral jackpot winners, and threads about winners being hounded, would you even want to win the first billion dollar jackpot?

Chances are anonymity would be out of the question and it would be quite a while before you had a moment's peace.

Reply #20

Yukio — Sun, 24 Jun 2007 04:02:17 GMT

Billion lottery game.

Actually, it would be possible if someone make a 7/100 lottery.

Imagine the odds:

0 of 7 : -> 1 in 1.7

1 of 7 : -> 1 in 3

2 of 7 : -> 1 in 14.7

3 of 7 : -> 1 in 156.6

4 of 7 : -> 1 in 3524.5

5 of 7 : -> 1 in 178182.5

6 of 7 : -> 1 in 24589188

7 of 7 : -> 1 in 16007561216

Reply #19

Stack47 — Sat, 23 Jun 2007 20:05:58 GMT

When the jackpot was projected at $275 million, ticket sales were $110 million so I'll bet even the Mega Millions people were shock when the sales almost doubled for the next draw. That probably happened because the players correctly assumed the next draw would be must win and wagered much more.

The one draw sales of $212 million exceeded the number of possible combinations (175 million) so while it was possible there would be no winner and the jackpot would roll, it was highly unlikely. We... [ More ]

Reply #18

MissNYC — Sat, 23 Jun 2007 14:49:26 GMT

Wow that's pretty interesting! What's even more interesting is jump o fplayers b/w $275 mil and 370 mil.

Reply #17

manzplan — Sat, 23 Jun 2007 09:19:58 GMT

well ummm up in Canada since most Americans think Canada is a Socialist Country lol.... ya don't have to pay taxes on lottery winnings so that theory is shot down.

There is talk of a world Lottery that would be a Billion Dollars.... I don't know how they plan on working it out but there is talk of it. .

I would still play other games like PB and MM and Super 7 or 6/49 even if that was in place. But I would love to play a Billion Dollar Lottery.... and hopefully one where ya didn't h... [ More ]

Reply #16

RJOh — Sun, 03 Jun 2007 12:56:06 GMT

According to Lottoreport website these were the sales amounts leading up to MM $390M jackpot.

dates total ticket sales jackpot size

03/06/07

03/02/07

02/27/07

02/23/07

02/20/07

02/16/07

02/13/07

02/09/07

02/06/07

02/02/07

01/30/07

01/26/07

01/23/07

01/19/07

01/16/07

01/12/07$212,819,366

$110,612,211

$75,620,299

$55,422,237

$42,211,361

$37,513,294

$31,788,056

$27,109,642

$21,480,849

$21,733,136

$18,566,201

$18,099,011

$16,094,957

$16,113,616

$13,771,942

Reply #15

justxploring — Sun, 03 Jun 2007 08:55:09 GMT

Stack47 writes: More and more states are offering raffles that have multiple $1 million winners and are selling them quickly. The scratch-off sales are over 60% of all lottery sales. Just to get to a $1 billion jackpot, they would need about $2 billion in ticket sales so the question really is will people stop playing raffles, the other online games, and scratch-offs to play that?

Good point! This might be a new topic for discussion, that is, Do the new $10 and $20 Raffles have an effe... [ More ]

Reply #14

JimmySand9 — Sun, 03 Jun 2007 06:44:51 GMT

How about, 2050, at the earliest, if ever.

Reply #13

Cr4zyH0rs3 — Sun, 03 Jun 2007 00:44:13 GMT

I don't know, but hopfuly it is me. :D I'll send you a post card from Tahiti when it happends

Reply #12

lacie — Sat, 02 Jun 2007 22:08:46 GMT

Thank you RJOH, You have answered my Question. I had forgotten about the 390 million being yours if you took the money over a period of years and not all at once.

This skewed my estimate as to how much money was taken in and the number of players that would end up betting.

I must say in order to become a Billionaire playing the lottery someone would have to come up with a completely different game than we have today.

Reply #11

lacie — Sat, 02 Jun 2007 21:52:40 GMT

I'm starting to mix apples and oranges and thats not where I wanted to go.

What I was trying to say, very poorly I might add, is that If a lottery game here in america could award a 390 million prize to someone they must have taken in 780 million dollars to be able to award this amount of prize money to someone. Because I was under the Impression that the winner or winners got 50% of the gross amount and the lottery kept the other 50%.

So if 780 million could be raised by a few states and... [ More ]

Reply #10

Coin Toss — Sat, 02 Jun 2007 21:43:19 GMT

As the games stand now, I don't see a billion dollar jackpot happening (as others have mentioned in this thread).

Given the same games, and since matrixes expand and expand, jackpots just get more elusive.

The thought of a national lotto is nice, but it would probably kill off at least PB and MM - unless they merged (so to speak) to operate it.

Maybe if all this talk of a North American Union happens, someone will win 1,000,000,000,000 ameros but if that happens we'll be living under... [ More ]

Reply #9

RJOh — Sat, 02 Jun 2007 21:36:44 GMT

1. When a lottery has a $390 jackpot what it really has is $190M cash if invested wisely for 25 plus years could yield $390M.

2. The $190 cash were the results of millions of players playing and losing over a period of two months.

3. The drawing that finally had the two winners sold 212M tickets which was probably a record for ticket sales for one drawing, the total number of tickets sold for all the drawings leading up to that winning one was probably 10 times that.

Reply #8

Stack47 — Sat, 02 Jun 2007 20:33:17 GMT

If the lottery gave away 390 million and only 212 million people played, It seems to me that they must have lost 178 million, which I don't think really happened.

It took 16 draws to reach the $390 million jackpot and $212 million was wagered on that draw alone.

But it seems to me if you have all of the states Involved, 2 Billion people playing the game would not be out of reach.

Does that include Utah

Reply #7

lottolaughs — Sat, 02 Jun 2007 20:21:32 GMT

I don't believe it will happen. Like JustX said,these games haven't even reached the 1/2 billion dollar mark,no where near it as far as I can remember. Wasn't the biggest jackpot ever only around 300 or so million? Wasn't it PB?

Lacie,you mentioned 2 Billion people playing the game would not be out of reach ? Is this internationally speaking? Because last I heard the good old USA just broke 300 million.

Reply #6

lacie — Sat, 02 Jun 2007 19:53:09 GMT

Something is wrong with the math as I see it.

If the lottery gave away 390 million and only 212 million people played, It seems to me that they must have lost 178 million, which I don't think really happened.

So this would seem to me that There must have been around 800 million that would have most likely have played the game. this is with a small number of states involved in this game. I don't know how many states are actually Involved.

But it seems to me if you have all of the states... [ More ]

Reply #5

Stack47 — Sat, 02 Jun 2007 19:15:02 GMT

I was thinking that maybe they would raise the price of a ticket, but with so many people playing they most likely would not have to.

At a buck a ticket the overall odds of winning any Mega Million prize is 1 in 40 and the odds of only winning $150 is 1 in 13,781 so do you really think people will play a game where there are less chances to win?

Anyway, I not sure that never is right, but I wonder when?

More and more states are offering raffles that have multiple $1 million winners a... [ More ]

Reply #4

justxploring — Sat, 02 Jun 2007 19:02:40 GMT

I agree with Stack's post. But to respond to this comment - you might be correct about a large number of people who are only interested in the jackpot amount. However, when does next to impossible become impossible? As Stack pointed out, when there are so many people buying tickets, it only increase the chances that someone will win. So I don't think it will ever get to a billion. I guess I'm only being redudant by posting this, but I will never understand why someone would get much more ex... [ More ]

Reply #3

Stack47 — Sat, 02 Jun 2007 18:43:34 GMT

The Ohio Classic Lotto's odds are 1 in 14 million (6/49) and it took 56 draws before the jackpot reached $14 million, but in the last huge Mega Millions jackpot, it took only 13 draws before the jackpot reached $175 million. In one of our forums somebody gives the actual percentages of the jackpot being hit based on the amount. When the $390 million jackpot was hit, I believe they sold 212 million tickets and there were two jackpot winners.

To get a lotto billionaire , about $2 billion woul... [ More ]

Reply #2

lacie — Sat, 02 Jun 2007 18:38:27 GMT

Well I'm not sure that A lotto of this size would Include Just a few states. I think it would be more along the line of a national Lottery.

It would Include all of the states and most Likely more numbers to play with and more numbers to win with. As you say the odds would be huge but so is the payout. I think it would turn into a feeding frenzy as It closed in on a billion or went over the billion dollar mark.

I was thinking that maybe they would raise the price of a ticket, but with so ma... [ More ]

Reply #1

justxploring — Sat, 02 Jun 2007 16:24:46 GMT

Never. I'm not one of the math analysts on this board, but IMHO I think the odds for such a game would have to be too high. Players would get discouraged. Even the PB and MM jackpots haven't reached 1/2 billion and they're nearly impossible to hit. Don't you think a game with odds of 140 or 175 million to one are hard enough to win?

Actually, my last statement doesn't even make sense to me. 1 in 100 million, 1 in 200 million, 1 in 300 million..what difference does it make... [ More ]

How Long Will It Be Until We Have A Lotto Billionaire ?

lacie — Sat, 02 Jun 2007 15:17:33 GMT

In what Year do you think Someone will win A Billion Dollars. Next Year , 2008, 2010, 2015.

Its going to happen some day.

I hope its me.