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MM and PP

Topic closed. 4 replies. Last post 11 years ago by fja.

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Bradly_60's avatar - disney37
Atlantic Mine, Michigan
United States
Member #416
June 23, 2002
1614 Posts
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Posted: October 3, 2005, 5:11 pm - IP Logged

FYI

 

  PowerBall Mega Millions
 Max Sales $210,850,582 $195,576,985
  Jackpot $250  7-29-98 Jackpot $350 5-9-00
 Min Sales $5,829,678 $2,957,224
  Jackpot $5 11-5-97 Jackpot $7 2/24/98


PowerBall Population:  83,000,000              Odds of Jackpot:  146,107,962

MegaMillions Population:  155,100,000        Odds of Jackpot:  175,711,536

If you look at the numbers they are quite interesting.

The PowerBall odds of winning are almost double (1.75 times) the amount of population.

The MegaMillions odds of winner are only about even (1.13 times) the amount of the population.

If you ask me the PowerBall game has the better chance of "breaking any records" because of this fact.  There is a case for boarder jumpers but the odds are a big difference.  The past concludes that more tickets are sold in PB states then in Mega Millions states probably due to the fact that PB has so many jurisdications that boarder jumpers can be very populous, but with Jackpot Fatigue these days I don't see that happening.

Anyone with comments?

Brad

    dvdiva's avatar - 8ball

    United States
    Member #2338
    September 17, 2003
    2063 Posts
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    Posted: October 3, 2005, 5:29 pm - IP Logged

    First Powerball has a cap that will hit at 339.9 million so anything above that will have to come from MM unless you want to wait a long time judging from the recent rollovers in Powerball. Second the lower sales in CA represent a big potential source of sales once the jackpot breaks the 300 million level and is all over the news. All big jackpots so far have been the result of dramatic sales for the largest drawing. Unless this is a new era of lotteries where record pots are the result of slow creeping growth and not spikes in sales.


      United States
      Member #379
      June 5, 2002
      11296 Posts
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      Posted: October 3, 2005, 5:54 pm - IP Logged

      I would like to see somebody compare Lotto South's three-state population to the odds of winning the 6/49 game. That would prove my comments about LS's matrix being too small.

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        Morrison, IL
        United States
        Member #4657
        May 13, 2004
        1884 Posts
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        Posted: October 3, 2005, 7:17 pm - IP Logged

          I think the Powerball population is more than 83 million - it's probably closer to 96 million.

          fja's avatar - gnome1

          United States
          Member #91
          January 19, 2002
          12013 Posts
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          Posted: October 4, 2005, 4:49 pm - IP Logged

            I think the Powerball population is more than 83 million - it's probably closer to 96 million.

          subtract louisiana

          "Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields