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Talk about jackpot fatigue

Topic closed. 15 replies. Last post 11 years ago by emilyg.

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Bradly_60's avatar - disney37
Atlantic Mine, Michigan
United States
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June 23, 2002
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Posted: October 16, 2005, 3:40 pm - IP Logged

7-9-03  Jackpot $240,000,000  Ticket Sales:  $110,055,858

10-12-05 Jackpot  $240,000,000  Ticket Sales:  $63,285,429

 

12-25-02 Jackpot (Announced) $280,000,000  Ticket Sales:  $163,352,371

10-15-05 Jackpot (Announced) $300,000,000 Ticket Sales:  $93,711,624

 

8-25-01 Jackpot $280,000,000  Ticket Sales:  $203,868,890

Interesting numbers.  We would probably need a $400 million jackpot to sell the same amount of tickets that were sold for a $280 million jackpot back in 2001.

Brad

    bellyache's avatar - 64x64a9wg

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    Posted: October 16, 2005, 3:52 pm - IP Logged

    It seems that lots of people won't even bother buying a ticket unless the jackpot is huge. But I can't really blame em'.  The odds are really stacked against the players.

    Dance like no one is watching.

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      Fantasy Land
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      Posted: October 16, 2005, 3:58 pm - IP Logged

      Is it jackpot fatigue or gas fatigue? People's formerly disposable income being eaten up by living expenses.

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        Morrison, IL
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        Posted: October 16, 2005, 4:15 pm - IP Logged

        both

          bellyache's avatar - 64x64a9wg

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          Posted: October 16, 2005, 4:32 pm - IP Logged

          Yea it is probably more then one reason, but I still think many people won't buy tickets unless the jackpot is really high.

          Dance like no one is watching.

            RJOh's avatar - chipmunk
            mid-Ohio
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            Posted: October 16, 2005, 4:34 pm - IP Logged

            Used to be when jackpots got up around $200M, they would make the evening news even if tickets were sold out of state.  I'm always surprised when I mention I'm plannig to buy some lottery tickets by the number of people who ask me what's the size of the jackpot. The last time I mention it, some people assumed I was talking about the PB and asked me to pick them up some tickets.  I was talking about MM which is sold locally and they didn't know about it.  There are plenty of people that still get excited about a $200M jackpot, but they don't follow the lotteries enough to know about them. Now when I go to Indiana to buy tickets, I never have to wait in line for all of those out of state players.

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

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              Morrison, IL
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              Posted: October 16, 2005, 4:35 pm - IP Logged

                Yeah, for some weird reason, Powerball has more media notoriety than Mega Millions.

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                Elkins,WV
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                Posted: October 16, 2005, 7:25 pm - IP Logged

                What if no one won until about Dec. again


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                  Posted: October 16, 2005, 8:08 pm - IP Logged

                  the local news media didn't report about the Powerball drawing and the ticket sales until this weekend.  the media doesn't report on the lottery until there seems a lot of interest at the retail outlets, and there doesn't appear to be a lot interest unless the media starts to report it.  it's difficult to say which comes first, but they seem to be mutually reinforcing.

                  going many weeks without winners is also going to result in less publicity for the game.  fewer winners means less publicity which in turn means less interest.

                  the traditional lotter games seem to be merely competing for the same pool of money which is stagnant.  meanwhile the scratch-off games appear to be growing in each state that I've checked the annual reports.  the odds of getting a minimal prize are much higher in the scratch-offs plus the games give instant feedback to the players and they're always being redesigned to keep the game fresh.

                   

                    RJOh's avatar - chipmunk
                    mid-Ohio
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                    Posted: October 16, 2005, 8:30 pm - IP Logged

                    Unlike the jackpot games, pick3, pick4 and scratch-off games have the same odds of winning about the same prize all the time so once a player become interested in one of these games, he's likely to play it regularly.  Most states report these are their most profitable games.  Jackpot games appeal varies with their jackpots size.  Until that size gets big enough to be covered by the local news, a lot of potential players aren't interested.

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

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                      Morrison, IL
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                      Posted: October 16, 2005, 11:30 pm - IP Logged

                      What if no one won until about Dec. again

                        Yeah, after that happens, the Powerball jackpot will be won 20 drawings in a row.

                        TheGameGrl's avatar - character catafly.jpg
                        A long and winding road
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                        Posted: October 17, 2005, 12:09 am - IP Logged

                        glad the topic sums up just about how I sense things to be. I'm so *tired* of PB not hitting. After awhile it gets old knowing that Yet again the numbers played on our group ticket didnt gel out a break even pay.

                        Yet its said that persaverence pays, so we shall see. Other wise Im knocking on Persaverences' door and demanding my money back! *grin*

                        ~~Is it true, Is it kind,Is it necessary. ~~~

                        pa:888,4445,6132,4444,8008

                          BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
                          Magnolia, Delaware
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                          Posted: October 17, 2005, 12:25 am - IP Logged

                          It doesn't matter one bit about the size of a jackpot to a "Gambler"! And I'm a gambler! I gamble what I can afford to lose and not one penny more than that! So, I gamble on the lottery and if I win, that just makes it all the better!

                          Keep dreaming the impossible dream, it just may come true! Thumbs Up


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                            Posted: October 17, 2005, 12:58 pm - IP Logged

                            The reason PB, MM, and CA SLP is in a jackpot fatigue because gas prices are in all time high. Also, people are playing less lottery games because the odds are stacked against them about the matrix changes. In fact, my dad and I have stopped playing MM and CA SLP until the jackpots are very high.

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                              Greenwich, CT
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                              Posted: October 19, 2005, 1:40 pm - IP Logged

                              Jackpot fatigue affects all of us!

                              I can clearly remember driving down the street last summer, and seeing a Powerball jackpot displayed on a sandwich board on the sidewalk for $103 million, and thinking WOW, $103 million! 

                              Those days are long gone!