So why has the price for Powerball tickets gone up anyway?

Reply #27

Stack47 — Wed, 08 Feb 2012 17:32:59 GMT

The $2 Bingo scratchers were the most popular scratch-off games at the time so the lottery decided to create Lot 'O Play because it looked something like Bingo. Lot 'O Play didn't get lots of play so it was back to the drawing board.

KY has the $2 Three line Lotto where I get 3 lines and can win by matching 3 numbers on any line and/or matching any five numbers within the 3 lines. While I get lot 'o play, I don't get lot 'o winners. The game will go into the history books after two more drawi... [ More ]

Reply #26

HoLeeKau — Wed, 08 Feb 2012 15:57:00 GMT

I'm already a little irked by it.

I've always bought the $2 ticket with the powerplay, and now since the increase I play the $2 without the powerplay.

So last draw I match the powerball and win $4. With the old schedule I would have won at least $6 and up to $15. So for my $2 ticket I already lost from two to eleven bucks is the way I look at it.

Reply #25

JezzVim — Wed, 08 Feb 2012 13:34:08 GMT

GREEDY B**TARDS !

Time to make them open the books and see the salary base, bonuses, and perks these jokers are getting to run the lottery. I betcha they had a nice pay increase since they decided to raise the ticket price.

I'm very happy to see that US Citizens are not laying down and just taking it anymore!

QUESTION EVERYTHING!! DON'T LET THEM GET AWAY WITH THE CRAP

Reply #24

justxploring — Wed, 08 Feb 2012 07:36:33 GMT

As far as I know, the odds of winning the jackpot only dropped from 1 in 195 million to 1 in 175 million. To me that's not worth adding 100% to the price of a ticket. I always spent $2 whenever I bought PB tickets, hoping to hit one on the non-jackpot prizes. $3 is another 50%, a little too much for my budget. If I'm going to spend a few dollars more a week, I think I'd rather spend it on Florida's Fantasy 5 or MegaMoney. The odds are much better, although I haven't won those games either... [ More ]

Reply #23

RJOh — Wed, 08 Feb 2012 06:40:49 GMT

Payout of 80% of sales might attract more players but the state mission isn't to give players their money back. If they don't keep 50% of sales for themselves then there no reason to have a lottery, it's better to have casinos do that and then tax them.

Reply #22

rdgrnr — Wed, 08 Feb 2012 04:45:51 GMT

Funny but quite possibly true.

The big guys see people droppin' 10, 20, 50 bucks a ticket on scratchers , they start thinkin' there's a lot more disposable income out there and they want a piece of it. Why get one or two dollars when you can get two or three? And even if they lost half their clientele, they wouldn't lose anything after doubling the price.

Reply #21

temptustoo — Wed, 08 Feb 2012 03:23:23 GMT

GREED

Reply #20

pick4master — Wed, 08 Feb 2012 03:22:31 GMT

that was kinda funny

Reply #19

JAP69 — Wed, 08 Feb 2012 03:16:10 GMT

With 2 dollar per line cost many players will cut back on the amount of lines. But the game may bring in the same revenue.

Fewer lines purchased means better odds the jackpot may not be won as often. Which may increase the jackpot prize higher.

Reply #18

savagegoose — Wed, 08 Feb 2012 03:07:15 GMT

Tks for the history lesson RJOh. if more state lotto would learn from it. The multi state lotto's have really taken a lot from the states and the state games could only really grab some of that market back by offering really generous payouts like 80% of cash taken in or something, cant see greedy state politicians going for that., or public servants devising ways to cut back their share of the money. so individual state draws will continue to decline :( money talks and gamblers chase higher jack... [ More ]

Reply #17

RJOh — Wed, 08 Feb 2012 01:58:55 GMT

Lot'O Play replaced the Ohio Super Lotto Plus which was a 6/49+1 game. At one time, it was the most popular game in the area drawing players from all the neighboring states with jackpots of $60M+. That all changed when the neighboring states got PowerBall. Also Ohio limited the amount a single ticket could win to $20M which didn't help and later did away with that rule when players stopped playing.

During the time that SLP was popular, jackpots were increased a million dollars or more after... [ More ]

Reply #16

Stack47 — Tue, 31 Jan 2012 00:24:20 GMT

Didn't the Ohio Lottery try a $2 Lotto game many years ago that quickly went bust?

I can't remember the game Lot 'O Play replaced and can't find the archives in their new #$ (%$ web site.

Reply #15

RJOh — Mon, 30 Jan 2012 15:36:43 GMT

Maybe the states wanted a $2 PB ticket which should make their local jackpot games more popular. States like Massachusetts were already charging $2 for their local jackpot game. Ohio tried that a few years ago with their Lot'O Play game.

Reply #14

Stack47 — Mon, 30 Jan 2012 13:09:08 GMT

If the same number of tickets are sold, there should be 273 5+0 winners because the odds are still the same, but each ticket now will be worth $1 million. The ads are saying bigger jackpots with more millionaires which is true because without winning the jackpot, we couldn't win $1 million on a $1 ticket.

While 546 5+0 winners seems like a lot, when you look at the odds against, it's only 0.000019% of all the tickets sold.

Reply #13

Guest — Mon, 30 Jan 2012 00:54:17 GMT

i was joking...ha ha

Reply #12

RJOh — Mon, 30 Jan 2012 00:28:02 GMT

In 2011 there were approx. 546 - 5+0 winners.

Early indicators are there won't be as many winners in 2012 unless the same number of tickets as in 2011 are sold.

Reply #11

hosni — Sun, 29 Jan 2012 19:03:15 GMT

Good assumasion Somer dude. A trickle down activity.

Reply #10

Guest — Sun, 29 Jan 2012 18:54:04 GMT

truck drivers pay higher diesel prices to deliver lumber , and passed that cost to the lumber owners who jacked up the price of paper, thus the lottery officials had to payer higher prices for paper, and you end up eating the cost.

Reply #9

rdgrnr — Sun, 29 Jan 2012 17:57:33 GMT

They were jealous of the the prices the states were getting people to pay for scratchers.

Reply #8

hearsetrax — Sun, 29 Jan 2012 17:29:51 GMT

specially after my most recent pair of losers .......

better odds my fat

Reply #7

JADELottery — Sun, 29 Jan 2012 14:36:23 GMT

It's so you can double down your losing combos.

Reply #6

sully16 — Sun, 29 Jan 2012 14:26:34 GMT

Go for the 5 and 0, I like that part of it.

Reply #5

fja — Sun, 29 Jan 2012 14:21:28 GMT

For a $1 more per ticket:

1. The game will start at 40 million after a hit

2. an 0+1 hit will pay $4 instead of $3

3. a 5+0 hit will pay $1 million instead of $200,000.

(they eliminated the kicker)

In 2011 there were approx. 546 - 5+0 winners.

Reply #4

rcbbuckeye — Sun, 29 Jan 2012 14:10:04 GMT

Just go on the PB website and you can learn what the reason is. If $2 a draw is just too much to handle, then just play once a week instead of twice a week.

Time will tell if it was a good move or not.

Whoever eventually wins the jackpot will most definitely think it was a good move.

Reply #3

CDanaT — Sun, 29 Jan 2012 13:56:54 GMT

I am leaning towards, because they can .......you know, sorta like why does congress vote themselves a payraise no matter what the economy is like ?.....Because they can

Reply #2

TheRightPrice — Sun, 29 Jan 2012 08:23:09 GMT

I have seen many clerks having difficulty explaining to many longtime players that the price has gone up to $2.00. It can be very confusing.

Reply #1

Coin Toss — Sun, 29 Jan 2012 07:12:55 GMT

Whatever the traffic will bear.

So why has the price for Powerball tickets gone up anyway?

urrutiap — Sun, 29 Jan 2012 06:33:39 GMT

Never asked this until now. Why has the price for Powerball tickets gone up from a dollar to two bucks now