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$500 Million Jackpot!

Topic closed. 59 replies. Last post 11 years ago by sirbrad.

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Will we see a $500 Million Jackpot

Yes [ 20 ]  [31.25%]
No [ 13 ]  [20.31%]
Maybe [ 11 ]  [17.19%]
Never [ 3 ]  [4.69%]
Powerball Game [ 2 ]  [3.12%]
Mega Millions [ 15 ]  [23.44%]
Total Valid Votes [ 64 ]  
Discarded Votes [ 6 ]  

United States
Member #379
June 5, 2002
11296 Posts
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Posted: October 7, 2005, 1:30 pm - IP Logged

Mega Millions long before Powerball. Blame the PB match 5 bonus.

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    Greenwich, CT
    United States
    Member #4793
    May 24, 2004
    1822 Posts
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    Posted: October 11, 2005, 9:28 am - IP Logged

    Powerball could set 4 new jackpot records within a year, reach $500 million, and never have the cap go into effect.

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      FLORIDA
      United States
      Member #5364
      July 1, 2004
      88 Posts
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      Posted: October 11, 2005, 11:22 am - IP Logged

      Powerball could set 4 new jackpot records within a year, reach $500 million, and never have the cap go into effect.

      I never looked at it that way. So, If the jackpot doesn't get hit at say $312 Million then the next pot doesn't get limited to say $337 Million it could climb to say $390 Million and if no one hits that one THEN the cap takes affect?

      Interesting, We might not see a $500 Million pot but I'd settle for a $400 million pot this year....................... Eek

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        Greenwich, CT
        United States
        Member #4793
        May 24, 2004
        1822 Posts
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        Posted: October 11, 2005, 11:29 am - IP Logged

        Yes.  There would more than likely be a winner at the $390 million level, which of course would become the new record, and no cap, no rolldown to 5+0, no nothing!  All of this cap-talk could be busted.

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          Morrison, IL
          United States
          Member #4657
          May 13, 2004
          1884 Posts
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          Posted: October 11, 2005, 11:58 am - IP Logged

            Yeah, I suppose the cap rule isn't that bad - once a new record is set, the old one is automatically uncapped.

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            BILOXI, MISSISSIPPI
            United States
            Member #19651
            August 3, 2005
            621 Posts
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            Posted: November 5, 2005, 11:16 pm - IP Logged

            20 draws to get to 340                mm will be at 20 draws and 500 MILLION

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              Sparta, NJ
              United States
              Member #18331
              July 9, 2005
              1977 Posts
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              Posted: November 6, 2005, 9:09 am - IP Logged

              $500M will never happen. The need for greed kicks in well before that.  They have no idea of why they have a need for greed, but it drags them to the store and they must buy! Kinda of like women and baby clothes.

              Cheers

              |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

              I only trust myself - and that's a questionable choice

                sirbrad's avatar - Lottery-062.jpg
                PA
                United States
                Member #22983
                October 6, 2005
                2226 Posts
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                Posted: November 6, 2005, 9:41 am - IP Logged

                I think one day it will get to 500 million. If not, the lottery officials will just keep increasing the odds if there are too many winners. Soon we will have 100 balls...

                  dvdiva's avatar - 8ball

                  United States
                  Member #2338
                  September 17, 2003
                  2063 Posts
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                  Posted: November 6, 2005, 11:13 am - IP Logged

                  All it would take is some more jackpot annuity inflation by MUSL to get to 500. Of course the cash amount will be really small and odds are you won't be around for the final check but who cares. I doubt MM will ever get there but it would be nice if MM could break 300 million which it has never done.

                    Jake649's avatar - scene sunovermountains.jpg

                    Canada
                    Member #2673
                    November 2, 2003
                    497 Posts
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                    Posted: November 6, 2005, 12:13 pm - IP Logged

                    $500M will never happen. The need for greed kicks in well before that.  They have no idea of why they have a need for greed, but it drags them to the store and they must buy! Kinda of like women and baby clothes.

                    Increased sales to not prevent a $500 million. On the contrary, high sales are the requirement for a large jackpot.

                    Two factors affect the probability of a $500 jackpot. One, long odds and Mega Millions has that. Second, large number of sales for a given draw and Mega Millions also has that potential given its large population base of buyers.

                    Good luck,
                    Jake

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                      Morrison, IL
                      United States
                      Member #4657
                      May 13, 2004
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                      Posted: November 6, 2005, 12:23 pm - IP Logged

                      All it would take is some more jackpot annuity inflation by MUSL to get to 500. Of course the cash amount will be really small and odds are you won't be around for the final check but who cares. I doubt MM will ever get there but it would be nice if MM could break 300 million which it has never done.

                        Even if MUSL inflated their annuity even greater (say, by extending the payments to 40 years), it would still take them quite a while to get a $500 million jackpot, because of their match 5 bonus pool.  However, if MM followed MUSL and adjusted their annuity for inflation as well, they would easily break $500 million.

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                        Sparta, NJ
                        United States
                        Member #18331
                        July 9, 2005
                        1977 Posts
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                        Posted: November 6, 2005, 12:59 pm - IP Logged

                        Remember, even if it should make the $500M mark, and you won, Martha still won't invite you over for one of her dinner parties.  You wouldn't be rich enough. I, on the other hand, would invite the winner over for both lunch and dinner. PB&J would go for $1,000.00 each - open face (both meals).

                        Cheers

                        |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

                        I only trust myself - and that's a questionable choice

                          sirbrad's avatar - Lottery-062.jpg
                          PA
                          United States
                          Member #22983
                          October 6, 2005
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                          Posted: November 6, 2005, 2:30 pm - IP Logged

                          Screw Martha anyway, I don't hang around with ex-cons.

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                            BILOXI, MISSISSIPPI
                            United States
                            Member #19651
                            August 3, 2005
                            621 Posts
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                            Posted: November 6, 2005, 2:40 pm - IP Logged

                            i think you can  $5000 .00 you can eat with bush 

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                              Sparta, NJ
                              United States
                              Member #18331
                              July 9, 2005
                              1977 Posts
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                              Posted: November 6, 2005, 3:03 pm - IP Logged

                              For $5000, he will give you the unique opportunity to try for Supreme Court position.

                              Cheers

                              |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

                              I only trust myself - and that's a questionable choice