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Mega Millions Lopsided

Topic closed. 9 replies. Last post 11 years ago by Todd.

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United States
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August 6, 2005
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Posted: August 6, 2005, 9:51 pm - IP Logged

Am I crazy, or can resident of califoria get 5 times as much for a non first prize winning tick in the mega millions. Has anybody read the new post at the bottom of the mega millins home page. It seems some law in califoria makes them pay $1.200.000 for a ticket with five winning numbers and no megaball, while every other state pays $250,000.  Some how this just dosent seem fair. Maybe I am reading it wrong so PLEASE somebody check it out and let me know.

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    New Mexico
    United States
    Member #12305
    March 10, 2005
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    Posted: August 6, 2005, 9:59 pm - IP Logged

    Mind posting a link on that?  Nothing much would surprise me, but what you're saying sounds as though it might be a misprint, or a misread.

    Jack

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      July 11, 2003
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      Posted: August 6, 2005, 10:01 pm - IP Logged

      That's not a law. The law says that all payouts must be pari-mutuel, and what happens is, is when no one matches 5+0 (which hasn't been done in CA for a while), the prize pool rolls to the next drawing. Once someone wins, one could end up only getting $83,000 or something.

      (insert signature here)

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        Posted: August 6, 2005, 10:13 pm - IP Logged

        So am I reading it right, dosent the figure for the payout change before taxes in california

          RJOh's avatar - chipmunk
          mid-Ohio
          United States
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          March 24, 2001
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          Posted: August 6, 2005, 10:16 pm - IP Logged

          California payout the same as the other states, but differently.  California prizes are pari-mutuel which means the money allowed for each prize level is divided among the winners after each drawing.  Since California hasn't had a 5+0 winner for a while, the money for that prize level has accumulated and will be divided among the winners when they have one or more.  If a single ticket wins at that level  then one ticket will get it all.  Other states payout a fixed amount which over time should amount to the same percent of sales going to the winners.  California could pay less or more than the other states depending on the amount of their sales and their number of winners.  The jackpot amount is the same for all states.  It all has be explained several times in the jackpot forum.

           * you don't need to buy more tickets, just buy a winning ticket * 
             
                       Evil Looking       

            Todd's avatar - Cylon 2.gif
            Chief Bottle Washer
            New Jersey
            United States
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            May 31, 2000
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            Posted: August 6, 2005, 10:21 pm - IP Logged
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              Louisville, KY
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              May 20, 2005
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              Posted: August 6, 2005, 10:36 pm - IP Logged

              I would have thought that if no one won it on the 5+0 level, then the money goes into the pool for all of the other prize levels. This isn't true??

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                Morrison, IL
                United States
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                May 13, 2004
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                Posted: August 7, 2005, 12:57 am - IP Logged

                  I originally thought that but I guess it's not the case.


                  United States
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                  June 2, 2005
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                  Posted: August 7, 2005, 2:47 am - IP Logged

                  California payout the same as the other states, but differently.  California prizes are pari-mutuel which means the money allowed for each prize level is divided among the winners after each drawing.  Since California hasn't had a 5+0 winner for a while, the money for that prize level has accumulated and will be divided among the winners when they have one or more.  If a single ticket wins at that level  then one ticket will get it all.  Other states payout a fixed amount which over time should amount to the same percent of sales going to the winners.  California could pay less or more than the other states depending on the amount of their sales and their number of winners.  The jackpot amount is the same for all states.  It all has be explained several times in the jackpot forum.

                  I agree with you RJOH. California's payout is pari-mutuel. Since California hasn't had a 5+0 winner, it's like a mini progressive just like some slots at the casino. If one ticket in CA gets a 5+0 in this draw, it would be [depend on sales of others] 1.5 million.

                    Todd's avatar - Cylon 2.gif
                    Chief Bottle Washer
                    New Jersey
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                    May 31, 2000
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                    Posted: August 7, 2005, 8:55 am - IP Logged

                    Here's the original discussion (in the Jackpot Games forum):

                    http://www.lotterypost.com/thread/117730

                     

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