Do you see further " modifications" to the MM game should the betting public stay away?

Reply #22

KY Floyd — Fri, 15 Nov 2013 14:53:02 GMT

It starts at a paltry $2 million and grows at a glacial pace nowadays, but NY Lotto still tends to get into the low teens on a regular basis. When that happens I wouldn't even think about the old MM game if it wasn't at least $50 million, but NY still sells more MM tickets for the $12 million starting annuity than for the big lotto jackpost.

Reply #21

veganlife125 — Fri, 15 Nov 2013 00:25:13 GMT

Agreed Coin Toss. However, if millions of people can smoke, ski dive, ride motorcycles, repel, snow ski, eat artery clogging meat, and marry ugly women without fear then i have no fear of winning that billion and proudly appearing at the press conference wearing my super man t-shirt! Bring It! Good luck to all MM'ers Friday

Reply #20

jjtheprince — Thu, 14 Nov 2013 18:53:20 GMT

MM will still be too easy to win if you buy tickets in any state that touches the ocean.

Reply #19

Coin Toss — Thu, 14 Nov 2013 15:30:43 GMT

My faux pas (and dyslexia) with the transposed 285 instead of 258, good eye KY Floyd.

I think the state games depend on what state you are in and what those lotteries bring in. I haven't seen Missouri over $3M in a long, long time, so if it's not a solo hit maybe not so comfortable after taxes. Somebody winning the Illinois Lucky Day Lotto Pick 5 when it's pumped up would net more than someone winning $1M in the Missouri Lotto Pick 6.

Illinois Lottohas been getting hit between $2 and $10M.... [ More ]

Reply #18

KY Floyd — Thu, 14 Nov 2013 05:53:53 GMT

The new MM odds are about 1 in 259 million, not 285 million. That there are about 84 million more combinations for MM isn't the useful comparison. What matters is that there are about 50% more combinations, so that your odds of winning the MM jackpot with a single ticket are about 2/3 of your chances of winning the PB jackpot with one ticket. Of course you get the MM odds for only half the cost of a PB ticket, so you can either have more than half as much chance of winning for half the cost, or... [ More ]

Reply #17

KY Floyd — Thu, 14 Nov 2013 05:48:26 GMT

the way that the annuity is paid out reduces the actual cash value relative to the quoted annuity value

So what? Lottery jackpots have always been determined strictly by the number of tickets that are sold. Changing the annuity is merely a way to BS the stupid people into thinking the jackpot is bigger, in an effort to boost ticket sales. If that does boost ticket sale then the real jackpot will be bigger. Of course that puts more money in the lottery's coffers, but it also transfers more mon... [ More ]

Reply #16

rcbbuckeye — Thu, 14 Nov 2013 01:00:32 GMT

Well, last night is the first time in years that I haven't played MM. I played every single draw since Texas has had this game, and when I got all my tickets for the first half of the week, I just decided to skip MM. I don't know if I'll play Friday or not. Tomorrow I'll get my PB, Lotto, and 2 Step tics for the rest of the week and MM will be a last second decision.

I agree with you Ridge. The lotteries think people are stupid and will blindly play anything when the jackpots get high enough.... [ More ]

Reply #15

Coin Toss — Thu, 14 Nov 2013 00:59:28 GMT

veganlife125,

Every horror story thus far about jackpot winners being hounded by exes, people who claim they were playing partners, etc... will be mere chump change compared to what the first billion dollar winner will experience.

Reply #14

veganlife125 — Thu, 14 Nov 2013 00:44:30 GMT

Agreed schmuckatelly. Can't wait for that first billion dollar number. I bet some of those bashing the odds here will be the ones secretly buying the most tickets when it happens. I only get one ticket each draw no matter what. However, even i will lay down a 5 buck to fill up a ticket when it does get that high.

Reply #13

Coin Toss — Wed, 13 Nov 2013 23:39:42 GMT

weshar,

The difference betwen the PB jackpot odds (175M)and Mega Millions jackpot odds is (285M) is approx. 110,000,000.

Many state Pick 6 games have jackpot odds of around 20,000,000.

The difference between PB and MM is almost six times greater than the state Pick 6 odds.

Reply #12

weshar75 — Wed, 13 Nov 2013 22:57:28 GMT

The jackpots are growing larger since the matrix change. It went up $17 million annuity this last roll over and like 8 to 9 million cash value. Mega is growing better than the old mega in the early stages. We will just have to see if the jackpot can get bigger once it is over $300 million and more.-weshar75

Reply #11

Astekblue — Wed, 13 Nov 2013 22:37:42 GMT

I am sure that is what would happen with the play slip Coin Toss

He may even go a little further with it ( if you know what I mean

Reply #10

Astekblue — Wed, 13 Nov 2013 22:34:05 GMT

Sad But True Ridge Sad But True

Reply #9

Coin Toss — Wed, 13 Nov 2013 22:02:09 GMT

rdgrnr, I agree with your post totally.

The politicians are going after uninformed voters and the lotteries are going after uninformed players.

For the lottery directors than know about LP, they probably see it as one of their biggest threats.

Just my $.02 but those runninng MM are taking the greed factor to the nth degree, knowing the 75 number matrix will make jackpots very rare and trying to build it to the first $1 Billion jackpot, rubbing their palms together the whole time.

Reply #8

THRIFTY — Wed, 13 Nov 2013 20:03:57 GMT

Your mind has evolved my friend. I can't see anything clearly pass the Mega Millions odds of 1 in 259 Millions. It is mindless.

Reply #7

THRIFTY — Wed, 13 Nov 2013 20:01:05 GMT

The Mayans predicted that on December 21, 2012 we would have a conscious change. I was expecting some improvement. We are still evolving.LOL

Reply #6

rdgrnr — Wed, 13 Nov 2013 19:54:47 GMT

The last couple of generations of Americans entering the work force and voting booths have been demonstrably dumbed down from previous generations.

MM is simply taking advantage of that fact.

Most people in this country no longer know or care what's going on in the world.

In any given situation, they just wanna know what's in it for them.

And they have neither the ambition nor the attention span to investigate the odds of winning jackpots and all that.

And MM knows it.

Reply #5

schmuckatelly — Wed, 13 Nov 2013 15:56:40 GMT

I doubt they have seen a huge impact in ticket sales. As long as the average Joe sees a huge jackpot and it only cost $1 compared to the $2 PB, they will buy the tickets and probably buy more since it only costs $1. MM is counting on the huge jackpots it will produce to make money, it may start slow but you we are going to see record ticket sales every few months.

Reply #4

RedStang — Wed, 13 Nov 2013 15:20:41 GMT

I could see the ticket price rising and another matrix change if people stop playing. But for now, as long as the jackpot stays ahead of PB, players will continue to buy tickets and they are.

Reply #3

THRIFTY — Wed, 13 Nov 2013 14:20:27 GMT

You will win the jackpot or a second prize, if it is in your DESTINY. Do you believe in Destiny

Reply #2

billionaire2bee — Wed, 13 Nov 2013 14:15:30 GMT

EEEHHHh I in it now more for the 2nd tier megaplier prizes.... Of course the jackpot would be awesome to win but 5 million would suit me just fine...

Reply #1

THRIFTY — Wed, 13 Nov 2013 13:50:53 GMT

Lottery sales are down this year. Players are spending less money on the lottery. It is the reason that they are creating so many games. I lost $1 on Mega Millions yesterday.LOL

Do you see further " modifications" to the MM game should the betting public stay away?

noise-gate — Wed, 13 Nov 2013 13:32:47 GMT

l base the question on the following notation..

Note: The changes from the old 56/46 game to the new 75/15 game make it significantly more difficult to win a Jackpot. Also the change in the way that the annuity is paid out reduces the actual cash value relative to the quoted annuity value as compared to the previous game. The net result is that the quoted value of the Jackpot will become bigger; but the cash value of any Jackpot will become less relative to the publicized annuity sum, and it