Why does the jackpot rise more slowly now

Reply #12

visiondude — Mon, 06 Oct 2003 22:01:52 GMT

i think that driving 180 mi

Reply #11

mken35 — Mon, 06 Oct 2003 19:11:25 GMT

Quote: O

Reply #10

Thomas Covenant — Mon, 06 Oct 2003 17:12:50 GMT

I think it was me that said the thing about the advance ticket purchases, todd.

Reply #9

dvdiva — Mon, 06 Oct 2003 16:35:12 GMT

yeah i think rjoh is definely right about the interest rates. thats why powerball changed to a 30 year annuity. it's also strange that when a jackpot hits even 200 it doesnt jump like it use to but in 2000 the economy was better off and when you worry about your job or you dont have the spare cash that effects sales.

Reply #8

RJOh — Mon, 06 Oct 2003 15:46:55 GMT

I think everybody have a point. I know when the jackpot is $80M+, I buy extra tickets locally for MegaMillions, I usually win a $2-$10 ticket which I play the next draw even if the jackpot is won and might not play again for a while until the jackpot grows unless I win again. When I drive to Indiana to play PowerBall, I always play $20-$30 per draw for the next 2-4 drawings because I don't want to return for a while and if the jackpot is won on the next drawing, I'm buying the same amount of t... [ More ]

Reply #7

Bug — Mon, 06 Oct 2003 12:49:23 GMT

And then again it could be a mass hospitalization of persons with symptoms that Vision came down with wiping out the jackpot inflow of dollars.

Reply #6

Todd — Mon, 06 Oct 2003 12:37:05 GMT

CO Bug,I think you're both right. CO's point was that all the $3 and $4 winners from the big jackpot draw fueled sales for the next few draws after a big win. It may have been RJOh who mentioned the multi-draw ticket theory. I'm sure both theories could contribute to the rapid initial jackpot growther, followed by a normalization of growth.

Reply #5

Bug — Mon, 06 Oct 2003 12:15:29 GMT

I remember someone had that idea, maybe it was RJOH. He is one of our mobile lotto players along with some others on the board. This Powerball run didn't we have a big jump the first draw, but this last rollover hasn't been that awe inspiring

Reply #4

CASH Only — Mon, 06 Oct 2003 11:28:17 GMT

Todd:I actually can't remember saying that. Maybe you meant that the small PB wins are used to buy more tickets.

Reply #3

dvdiva — Sun, 05 Oct 2003 23:10:57 GMT

when a big jackpot gets won and is in the news then it results in higher jumps in the next few drawings but a lot of people (like me) just dont want to play for the small jackpots being offered considering how bad the odds are. there are only 2 ways to go in a lottery for sales one is to have a lottery with good odds like 1:3.5 million and have prizes around 10 million when won or second have a lottery with terrible odds like 1:120+ million and have really fantastic prizes like 300 million like

Reply #2

Todd — Sun, 05 Oct 2003 21:42:16 GMT

Cash Only had an interesting theory in past posts, and I think it has some merit.He proposed that a certain percentage of people buy multi-draw tickets. When the jackpot gets huge, that means lots of people who buy multi-draw tickets, especially those who travel long distances to play Powerball.I've noticed that the run-up following a huge jackpot win has been very fast for Powerball, with large increments in the early-going. Maybe this has something to do with it

Reply #1

Bug — Sun, 05 Oct 2003 21:35:49 GMT

I noticed that PowerBall seems to have moved slower this time, but I maybe seeing things.

Why does the jackpot rise more slowly now

bigame — Sun, 05 Oct 2003 21:19:24 GMT

Does it mean that people is now less interested in Jackpot games