mega millions and powerball jackpot pollPrev TopicNext Topic

• LOTTOMIKE

  

  Tennessee
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  October 15, 2004
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  Apr 7, 2005, 6:48 pm

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  do you think powerball or mega millions will ever reach 500 million jackpots?
• Tnplayer805

  

  North Dakota
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  April 5, 2005
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  Apr 7, 2005, 9:04 pm

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  I think it's possible. 
• ryanm

  

  Morrison, IL
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  May 13, 2004
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  Apr 7, 2005, 10:48 pm

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    If they jack the odds up high enough, then yeah.
• dvdiva

  

  United States
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  Apr 8, 2005, 12:36 am

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  Not without serious changes to the current games. With the right change and California added Megamillions might hit it. I doubt MUSL has the fortitude to change Powerball to any real degree plus they limit jackpots so Powerball will never hit 400 let alone 500 million. I personally would be happy enough with a 300 or 400 million dollar jackpot.
• Maverick

  

  USA
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  Apr 8, 2005, 4:13 pm

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  Mega Millions May Raise Jackpot, Lower Odds

  State lottery officials have proposed changing the Mega Millions game to offer an increased jackpot but lower odds of winning.
  
  The Texas Lottery Commission discussed the changes, including increasing the starting jackpot from $10 million to $12 million, at a public meeting Thursday. Lower-tier prizes would also be raised under the plan.
  
  Bobby Heith, spokesman for the Commission, said the group of states that participate in Mega Millions agreed to the changes that California has given as conditions for joining the game.
  
  Texas can either drop Mega Millions or make the changes. Heith said the game is a good fit for Texas, which joined in 2003.
  
  Dawn Nettles, the only resident to offer input at the hearing, is the owner and publisher of Lotto Report, which provides tips for lottery games in Texas. She also runs a watchdog Web site on the Texas Lottery that documents what she calls injustices and abuses in the system.
  
  "This was a farce," Nettles said. "They're not going to consider any comments, even though that's the law. This is a done deal."
  
  Nettles spoke for more than half an hour about the proposed changes and the Mega Millions game in general. Nettles said she had received many comments through her Web site indicating that Texans want lower prizes and better odds, not higher prizes and worse odds.
  
  The number of comments on her side has been astronomical, Nettles said, "Lower the odds, and let us win some."
  
  Nettles said the Texas Lottery takes money from those who can least afford it. According to a March study by the Texas Lottery Commission, people making less than $50,000 a year spend more than twice as much on lottery tickets as those making more than $50,000 a year, even though the percentage of both groups participating in the lottery is approximately equal. People without high school degrees spend two-and-a-half times more than those with degrees.
  
  Drawing from the same report, however, the state concluded that people across all income and educational groups play the lottery roughly equally.
  
  Nettles added that when these players do win huge jackpots, such as Mega Millions, they often do not know how to handle the money, and initial elation turns to deep depression.
  
  "Once we give the people their money, they make the decision on what to do with it," Heith said. "When they come in to collect their winnings, we highly recommend that they seek legal and financial advice."
  
  Nettles said not only are the proposed changes bad for the people of Texas, but they also don't make financial sense, as they won't increase ticket sales.
  

  $12 million = whoop dee doo
• CASH Only

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  Apr 8, 2005, 4:17 pm

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  Mega Millions needs to match PB with 15m minimum and 5m rollovers.
• weshar75

  

  Mcminnville, Oregon
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  Apr 8, 2005, 5:32 pm

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  I think 500 million is going to take a couple a years before it happens maybe even ten years.
• aumira

  

  princeton junction.NJ
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  Apr 10, 2005, 3:32 pm

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  I have been following results of Megamillions and once it reaches around 120 millions it gets ready to be hit and it does so systaematically that one gets a suspicion that insiders are at work

  I am sure a lot of trickery is going on esp in NJ pick4,pick 6 and Megamillions.Some computer geeks enter the fray to enter the pools with a sotware immediately after the draw..enter the right numbers and with draw with another healing software the erases the mischief.I saw in TV about such thievery being done in a big horse race..later derected

  SO no hopes of BIG millions
• flying1313

  

  United States
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  February 11, 2005
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  Apr 10, 2005, 3:48 pm

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  Does anyone know the highest record jackpot in Magamilion and Powerball?
• kbcherokee

  

  Virginia
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  June 20, 2003
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  Apr 10, 2005, 6:33 pm

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  "NO"

  
  

  Chief

  May the warm winds of heaven blow softly upon your house. May  the Great Spirit bless all who enter there. May your mocassins make happy tracks in many snows. And may the rainbow always touch your shoulder.
• JAG331

  

  Greenwich, CT
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  Apr 10, 2005, 7:12 pm

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  That's not very optimistic now, Chief
• Maverick

  

  USA
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  Apr 11, 2005, 12:41 pm

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  Quote: Originally posted by weshar75 on April 8, 2005
  

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  I think 500 million is going to take a couple a years before it happens maybe even ten years.
  

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  I agree. I had a "bullshyt" feeling when MM said the jackpot could go up to $400 million after CA joins.

  I voted no.
• Maverick

  

  USA
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  Apr 11, 2005, 12:43 pm

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  Quote: Originally posted by aumira on April 10, 2005
  

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  I have been following results of Megamillions and once it reaches around 120 millions it gets ready to be hit and it does so systaematically that one gets a suspicion that insiders are at work
  

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  Ditto @ suspicion. There's tooooo much $$$ involved here. This aint no neighborhood raffle.
• LOTTOMIKE

  

  Tennessee
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  October 15, 2004
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  Apr 15, 2005, 9:59 pm

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  just read that mega millions is changing its matrix,same goes that powerball is changing too,do you see if not a 500 million jackpot,maybe a 400 million one?
• stah

  

  SD
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  June 16, 2004
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  Apr 16, 2005, 12:18 pm

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  I think that is what the mavens are working toward, so I would have to say yes. A scary yes at that. Why scary? Think about it. That kind of money if one person won. Way scary for me. I could be content on 10 million, comprehending 500 mil, even after taxes is a little out there.