Welcome Guest
Log In | Register )
You last visited December 3, 2016, 12:35 pm
All times shown are
Eastern Time (GMT-5:00)

powerball matrix

Topic closed. 39 replies. Last post 12 years ago by LOTTOMIKE.

Page 2 of 3
PrintE-mailLink

do you think the powerball matrix will be changed in 2005?

yes [ 10 ]  [45.45%]
no [ 7 ]  [31.82%]
maybe [ 5 ]  [22.73%]
Total Valid Votes [ 22 ]  
Discarded Votes [ 0 ]  
dvdiva's avatar - 8ball

United States
Member #2338
September 17, 2003
2063 Posts
Offline
Posted: March 1, 2005, 5:59 pm - IP Logged

Powerball is really in the dumps right now. People really excited about the low jackpots should skip multi-state games and just play state lottery games since in the case of powerball the jackpot would be higher and the odds MUCH better than powerball.

I would hope they could push the odds to around 180 million to one soon. Otherwise their sales will really tank as an improved Megamillions goes on line.

    weshar75's avatar - Lottery-042.jpg
    Mcminnville, Oregon
    United States
    Member #3013
    December 13, 2003
    3046 Posts
    Offline
    Posted: March 1, 2005, 7:33 pm - IP Logged

    I wonder if their is a state that will be ready to join the powerball this year so they can change the matrix to rival mega milliions?

      Annual Payments's avatar - annual 20payments.jpg
      Houston, TX
      United States
      Member #9841
      December 23, 2004
      236 Posts
      Offline
      Posted: March 1, 2005, 8:00 pm - IP Logged

      no!  it'll make it harder to win.  It's already hard enough. 

        dvdiva's avatar - 8ball

        United States
        Member #2338
        September 17, 2003
        2063 Posts
        Offline
        Posted: March 2, 2005, 12:06 am - IP Logged

        I don't think you get it. The difference between 135 million and 180 million to win isn't very much per ticket but would be enough to get much higher jackpots. If 135 or 180 is too much that's what state lotteries are for. Eventually dwindling sales will force them to change. No one wants a game with crummy jackpots and high odds. Its either low jackpots and low odds (some state games), high jackpots and low odds (like the Quinto game right now) or very high jackpots with really bad odds.

        Even quinto with it's 2.6 million to one odds is still a very remote win.

        States make lotteries like powerball possible so as to generate tax revenue. Powerball sales are saging as this long string of low jackpots continue.

          Avatar
          Oregon
          United States
          Member #11764
          February 23, 2005
          46 Posts
          Offline
          Posted: March 2, 2005, 2:23 am - IP Logged

          They ought to at least double the minimum guaranteed jackpot. 10 million just doesn't excite me much, especially knowing that it's only about 3.3 million after lump sum and taxes figure into it.

            LOTTOMIKE's avatar - cash money.jpg
            Tennessee
            United States
            Member #7853
            October 15, 2004
            11338 Posts
            Offline
            Posted: March 2, 2005, 3:11 pm - IP Logged

            i haven't played powerball in a couple months,i'll stick to the pick 5......

              weshar75's avatar - Lottery-042.jpg
              Mcminnville, Oregon
              United States
              Member #3013
              December 13, 2003
              3046 Posts
              Offline
              Posted: March 2, 2005, 3:19 pm - IP Logged

              I would rather have long odds of winning than higher ticket prices.

                Avatar
                Morrison, IL
                United States
                Member #4657
                May 13, 2004
                1884 Posts
                Offline
                Posted: March 2, 2005, 5:36 pm - IP Logged
                Quote: Originally posted by Blalron on March 1, 2005



                Cash is simply tbe best option if you like having more money. Ask any financial expert and they will tell you the same thing. As far as I can tell, every single Powerball winner from the past two years has chosen cash instead of annuity. There's probably a reason for that.

                If you want an annuity you can get exactly the same effect by investing in treasury bonds (which is what the state does for you if you pick annuity) and if you get sick of the Annual Payments later down the road and change your mind, you'd still have the option of cashing in those bonds and getting your "lump sum" back.

                If you choose the annual payments option, you are stuck with annual payments and you can't reverse your decision.





                  Well, you people have changed my mind about what option I'd choose if I won a jackpot.  I always thought the annuity was better, but now I guess it's cold hard cash.  I'd even go one step farther and instead of treasury bonds, I'd invest in municipal bonds so I could receive interest tax-free!
                  Avatar

                  United States
                  Member #1826
                  July 11, 2003
                  2645 Posts
                  Offline
                  Posted: March 2, 2005, 6:32 pm - IP Logged
                  Quote: Originally posted by weshar75 on March 2, 2005

                  I would rather have long odds of winning than higher ticket prices.


                  (insert signature here)


                    United States
                    Member #379
                    June 5, 2002
                    11296 Posts
                    Offline
                    Posted: March 2, 2005, 6:38 pm - IP Logged

                    Blalron:

                    CA, NY, and TX require the cash/annuity choice when you PLAY, instead of after winning.

                      Avatar
                      Redmond WA
                      United States
                      Member #5966
                      July 29, 2004
                      71 Posts
                      Offline
                      Posted: March 2, 2005, 7:21 pm - IP Logged

                       

                       I think Powerball will go 5/53 and 1/49.

                       Florida would do the best with Mega Millions.


                        United States
                        Member #379
                        June 5, 2002
                        11296 Posts
                        Offline
                        Posted: March 10, 2005, 2:47 pm - IP Logged

                        PB will reduce the red balls IMO.

                          LOTTOMIKE's avatar - cash money.jpg
                          Tennessee
                          United States
                          Member #7853
                          October 15, 2004
                          11338 Posts
                          Offline
                          Posted: March 19, 2005, 6:50 pm - IP Logged

                          i played one quick pick for tonight.....

                            LOTTOMIKE's avatar - cash money.jpg
                            Tennessee
                            United States
                            Member #7853
                            October 15, 2004
                            11338 Posts
                            Offline
                            Posted: March 29, 2005, 4:33 pm - IP Logged

                            anyone heard anything else on the matrix changes?

                              LOTTOMIKE's avatar - cash money.jpg
                              Tennessee
                              United States
                              Member #7853
                              October 15, 2004
                              11338 Posts
                              Offline
                              Posted: April 1, 2005, 12:32 am - IP Logged

                              after the march 30th drawing they need to start thinking of changes or powerball will end up with more winners than losers before long......