Mega Millions

Reply #15

bigato1010 — Sat, 23 Feb 2008 08:05:54 GMT

Good insight , thank you stark

Reply #14

KY Floyd — Thu, 21 Feb 2008 08:59:22 GMT

I don't see how any of that makes sense.

I don't doubt that alot of players buy tickets for the bigger jackpot, but states maketheir money from all of the sales, regardless of which games areplayed. If joining a multi state game reduces annual sales of a stategame by 250 million dollars because players start spending 250 milliondollars on the new multi-state game, the overall sales are exactly thesame. In reality I expect that overall sales would go up, because evenif most players switch comp... [ More ]

Reply #13

dvdiva — Thu, 21 Feb 2008 05:16:45 GMT

Considering the possible matrix change to Powerball they would most likely join that. I don't see Florida joining anything this year.

Reply #12

RJOh — Thu, 21 Feb 2008 04:41:33 GMT

Why would you think other wise? States have lotteries to raise money for themselves, not to give it away. Florida unlike a lot of states only has one state on its boarder with a multi=state game to compete with while a state like Ohio had five. Michigan, Indiana, Kentucky, West Virginia and Pennsylvania all had the BigGame or PowerBall before Ohio joined MegaMillions and Ohio Super Lotto couldn't compete.

If enough Floridians start traveling to Georgia to buy MegaMillions ticket, Florida will... [ More ]

Reply #11

pacattack05 — Thu, 21 Feb 2008 03:55:31 GMT

So basically, I'm getting the viewpoint that if it dosen't benefit the state, they won't bother with attaching themselves.

The states feel deprived of income.

Now I get it.

Reply #10

Think — Thu, 21 Feb 2008 03:38:06 GMT

One reason is it ruins the local games. Case in point is the Michigan 6/xx games. In 1995, before Megamillions, it took 12 draws to get the Michigan jackpot to $45,000,000 now it has taken 234 DAYS and the jackpot is at 22.4 Million.

Another reason is that it drains money out of the state when a jackpot is hit elsewhere. I don't know if or where the statistics are kept but I am sure some states are out serious money on the multi state games.

Not to mention that some states get back less t... [ More ]

Reply #9

Stack47 — Thu, 21 Feb 2008 02:09:55 GMT

The payoffs of the jackpot and the other prizes are the responsibility and are under the control of the individual states. Even though I'm playing for the same jackpot, if I buy my ticket in Michigan, I can't cash it in Ohio. The only money pooled in Mega Millions is the percentage of ticket sales that goes into the jackpot and it's exactly the same for each Mega Millions state.

All secondary prizes are paid from the individual state prize pools so the payoff amounts are the prerogative each... [ More ]

Reply #8

RJOh — Thu, 21 Feb 2008 01:15:51 GMT

As I mentioned earlier, each participating state contributes ~33% of its ticket sales to the jackpot which is paid to the jackpot winner/s by the state/s that sells the winning ticket/s under its own rules. The procedures are explained more fully on the lottery websites of the participating states. Because of local taxes,payout amounts can vary by states as explained at USA Mega.

Reply #7

pacattack05 — Thu, 21 Feb 2008 00:27:11 GMT

When you say that each state has their own version, will they win the JP in it's total if no one else hits? I don't understand.

Reply #6

RJOh — Wed, 20 Feb 2008 23:23:55 GMT

Where did you get that impression? If that was true, you could travel to Georgia and get a bunch of MegaMillions play slips and play it in Florida.

Each state have their own versions of the multi-state game and play slips that they offer. California has its own pari-mutuel version of MegaMillions and Texas has its version of MegaMillions with the Megaplier. Ohio's MegaMillions play slips can only be used in Ohio and MagaMillions and PowerBall winners can only cash in winning tickets in the st... [ More ]

Reply #5

Coin Toss — Wed, 20 Feb 2008 22:46:32 GMT

Pac

Part of the reason might be that the multi-state games tend to really diminsh the play for the state lottery Pick 6.

Florida has a pretty big population and pretty decent jackpots for a state lottery.

Consider Missouri- it's a Powerball state, but the Missouri lottery Pick 6 rarely goes above $2 million, and grows very slowly, most of the play goew to Powerball.

Reply #4

pacattack05 — Wed, 20 Feb 2008 19:57:50 GMT

I was under the impression that you didn't have to go out of state to play the multi-states. I thought they just added the playslips to the existing lottery counters where people fill their betslips.

Reply #3

RJOh — Wed, 20 Feb 2008 19:49:25 GMT

States usually join one of the multi-state games to keep local players in state and to attract more players to their local games. In exchange states pay all the lower tier prizes won in their state and contribute a third of the ticket sales to the jackpot which is usually won by another state. If Floridians aren't going out of state to play lottery games in the surrounding states, there may be very little to gain by adding a multi-game. In fact adding a multi-state game might just reduce sales f... [ More ]

Reply #2

pacattack05 — Wed, 20 Feb 2008 19:12:38 GMT

Thanx. I will email.

Reply #1

four4me — Wed, 20 Feb 2008 18:43:14 GMT

MUSL has it member states and Lotto America has it's members states seems either Florida didn't want to be a part of either of them or they were never asked. And apparently Florida is a member of the North America lottery association which incorporates many states whom incorporate both mega and powerball.

Also if i recall when they formed both lotteries their intention was to grab equal shares of the populations of neighboring states. Now wether that idea has went astray or they are waiting f... [ More ]

Mega Millions

pacattack05 — Wed, 20 Feb 2008 17:01:45 GMT

Forgive me if this has already been discussed. Personally, I don't remember if it has.

Why is it that some states like the one I live in, Florida, and others not join in with those big lotteries?

I'm the last person on the LP who would ask such a question because I hardly play my own Lotto, because of the rediculous odds. I occasionally play it just for the heck of it, but I would be interested to play the really big ones also for the same reason I would play the Florida Lotto, or Fantasy... [ More ]