LottoTexas vs Megamillions

Reply #4

Abe — Thu, 20 Jun 2002 23:31:11 GMT

Indeed Todd.. and I hope they stay that way. MegaMillions and PowerBall are cool, but I wouldn't like it for every single state lottery to turn into a Megamillions/Powerball clone. :)Variety is good.

Reply #3

Todd — Thu, 20 Jun 2002 20:07:50 GMT

The reason states sell so much better at lower levels is the better odds of winning. Jackpot for TX Lotto is 1 in 25,827,165, vs. 1 in 135,145,920 for Mega Millions. That's also why state lottery jackpots never reach the size of the multi-states. (Someone is much more likely to win.)State lotteries start really taking off when the jackpot is $40 or $50 million, whereas multi-states take off when it gets to $80 to $100 million.-Todd

Reply #2

CASH Only — Thu, 20 Jun 2002 18:53:56 GMT

Texas Lottery website (text only due to high traffic.

Reply #1

Abe — Thu, 20 Jun 2002 15:09:47 GMT

I would rather not see those two states knock up their odds to something insane like MegaMillions and Powerball. TX and CA's lotteries are just fine the way they are. The only way they can grow this fast is because their sales are good, and so I'm assuming CA and TX lottery sales are good.

LottoTexas vs Megamillions

MrHappy — Thu, 20 Jun 2002 12:35:46 GMT

Texas jumped from $50 mil to atleast $68 mil. Let's hope that none of you win (it's ok for me to win) this Friday's $50 mil Megamillions drawing so we can compare jackpot growth between a state that has about only 1/3 of the people that the 9 Megamillions states have. I still don't get why Texas and California has such great jackpot growth while the 2 multi-states lotteries jackpot growths are much smaller. I would like to see the two states knock their odds up to 80,000,000+ just to see what wo... [ More ]