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Recent MM and PB jackpots a fluke?

Topic closed. 27 replies. Last post 11 years ago by CASH Only.

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Jackpots of $250m and $340m to be expected everytime?

Yes, the new super jackpots are par for the course [ 26 ]  [81.25%]
No, we won't see another $300m jackpot for a year [ 6 ]  [18.75%]
Total Valid Votes [ 32 ]  
Discarded Votes [ 2 ]  
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Greenwich, CT
United States
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May 24, 2004
1822 Posts
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Posted: October 17, 2005, 11:08 am - IP Logged

What does the Lotterypost Public think?

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    Sparta, NJ
    United States
    Member #18331
    July 9, 2005
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    Posted: October 17, 2005, 11:16 am - IP Logged

    I think it is the wave of the future. If the lotto people have not already made it common, they will keep changing the rules to make it happen. The masses will forgo the little jackpot for the big jackpot. Human nature. Bigger is always better. Look at McDonalds! Super size it, sir?

    Cheers

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

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

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      md
      United States
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      April 20, 2005
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      Posted: October 17, 2005, 12:06 pm - IP Logged

      I think it is going to be the norm for the foreseeable future. 

        bellyache's avatar - 64x64a9wg

        United States
        Member #12618
        March 18, 2005
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        Posted: October 17, 2005, 1:26 pm - IP Logged

        We will probably see bigger jackpots more often, but "little" jackpots will still be around.

        Dance like no one is watching.

          weshar75's avatar - Lottery-042.jpg
          Mcminnville, Oregon
          United States
          Member #3013
          December 13, 2003
          3049 Posts
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          Posted: October 17, 2005, 1:32 pm - IP Logged

          I think if the average jackpots for mega millions and powerball can increase over time than that is a good thing.  I do not think that the jackpots will go on record runs every time but once in awhile is better than not at all.

            whitmansm2's avatar - Lottery-029.jpg
            Right here...can't you see me?
            United States
            Member #21521
            September 10, 2005
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            Posted: October 17, 2005, 1:33 pm - IP Logged

            We will probably see bigger jackpots more often, but "little" jackpots will still be around.

            I agree.  But the BIG ones will be far apart.  I voted no because of this.  Are they a fluke? No.  I do believe that if it's that high all the time it'll lose it's flavor.  With it that high the chances are higher.....with them being smaller there is more of a chance...a BIG chance, but it's more probable then a 1-10mil chance.

            Am I making sense?  If not, then blame my lack of a third cup of coffee....I ran out of creamer!  lol

            Stephanie

              dvdiva's avatar - 8ball

              United States
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              September 17, 2003
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              Posted: October 17, 2005, 1:33 pm - IP Logged

              The odds of someone winning both the games below 100 million is still greater than either game breaking 300 but that's the way it should be. People who play at below 100 need to know that they can win also or the game never gets big to begin with.

                sirbrad's avatar - Lottery-062.jpg
                PA
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                October 6, 2005
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                Posted: October 17, 2005, 2:45 pm - IP Logged

                Sure they can call this the largest jackpot in history, they increased the odds to make it so. But in reality Jack still holds the record with 53 balls I believe. Why not make the jackpot next to impossible to win, that way the money just keeps growing. Because everyone has that "ounce" of hope...


                  United States
                  Member #5565
                  July 11, 2004
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                  Posted: October 17, 2005, 3:04 pm - IP Logged

                  It also results from people staying away from the lower jackpot values.  It's not a sure thing that higher jackpots result in increased annual sales.

                    sirbrad's avatar - Lottery-062.jpg
                    PA
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                    October 6, 2005
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                    Posted: October 17, 2005, 3:11 pm - IP Logged

                    What is the current "bonus pay" for matching 5 balls at now? Or didn't it go up yet?

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                      Sparta, NJ
                      United States
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                      July 9, 2005
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                      Posted: October 17, 2005, 4:06 pm - IP Logged

                      Sure they can call this the largest jackpot in history, they increased the odds to make it so. But in reality Jack still holds the record with 53 balls I believe. Why not make the jackpot next to impossible to win, that way the money just keeps growing. Because everyone has that "ounce" of hope...

                      Barnum and Balley rule: Let one sucker win five dollars, and fifty suckers will bet a dollar trying to win the next five. You have to place the Brass Ring close enough to the Merry-Go-Round so that some will be able to grab it, but not enough to change the balance of the profit. Slot Machines payout 40% for a reason, and that reason is to enable the hook. The con has been going on since the day Cain told Able to close his eyes, so he give him a really cool prize.

                      Cheers

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

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

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                        Morrison, IL
                        United States
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                        May 13, 2004
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                        Posted: October 17, 2005, 7:50 pm - IP Logged

                        It also results from people staying away from the lower jackpot values.  It's not a sure thing that higher jackpots result in increased annual sales.

                          Yeah, but historically, sales have increased on runs following enormous jackpots.

                          Remember when Powerball got hit at such low jackpot levels seven times during the months of January through March this year and sales were so pathetic it took eleven rolls just to get over $100 million when it finally did?


                          United States
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                          June 5, 2002
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                          Posted: October 22, 2005, 11:27 am - IP Logged

                          chewie:

                          Slot machines pay off in the 90+ percent range. It's NY Lotto that pays no more than 40%.

                            Avatar
                            Louisville, KY
                            United States
                            Member #15734
                            May 20, 2005
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                            Posted: October 24, 2005, 12:45 pm - IP Logged

                            Sure they can call this the largest jackpot in history, they increased the odds to make it so. But in reality Jack still holds the record with 53 balls I believe. Why not make the jackpot next to impossible to win, that way the money just keeps growing. Because everyone has that "ounce" of hope...

                            Oh no, we're not going to start this again, are we??  Thud

                              Avatar
                              Morrison, IL
                              United States
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                              May 13, 2004
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                              Posted: October 24, 2005, 1:00 pm - IP Logged

                              lol Isn't the whole point of increasing the number of combinations to produce record setting jackpots?