Recent MM and PB jackpots a fluke?Prev Topic Next Topic

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

Yes, the new super jackpots are par for the course

[ 26 ]

[ 81.2% ]

No, we won't see another $300m jackpot for a year

[ 6 ]

[ 18.8% ]

Total valid votes

[ 32 ]

Discarded votes

[ 2 ]

JAG331

Greenwich, CT
United States
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May 24, 2004
1,822 Posts
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Oct 17, 2005, 11:08 am

What does the Lotterypost Public think?
Chewie

Sparta, NJ
United States
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July 9, 2005
1,977 Posts
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Oct 17, 2005, 11:16 am

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?

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

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

md
United States
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April 20, 2005
627 Posts
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Oct 17, 2005, 12:06 pm

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

United States
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March 18, 2005
2,060 Posts
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Oct 17, 2005, 1:26 pm

We will probably see bigger jackpots more often, but "little" jackpots will still be around.
weshar75

Mcminnville, Oregon
United States
Member #3,013
December 13, 2003
6,173 Posts
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Oct 17, 2005, 1:32 pm

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

Right here...can't you see me?
United States
Member #21,520
September 10, 2005
131 Posts
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Oct 17, 2005, 1:33 pm

Quote: Originally posted by bellyache on October 17, 2005

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

United States
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September 17, 2003
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Oct 17, 2005, 1:33 pm

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

PA
United States
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October 6, 2005
2,229 Posts
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Oct 17, 2005, 2:45 pm

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...
lchoro

United States
Member #5,565
July 11, 2004
260 Posts
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Oct 17, 2005, 3:04 pm

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

PA
United States
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October 6, 2005
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Oct 17, 2005, 3:11 pm

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

Sparta, NJ
United States
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July 9, 2005
1,977 Posts
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Oct 17, 2005, 4:06 pm

Quote: Originally posted by sirbrad on October 17, 2005

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.

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

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

Morrison, IL
United States
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May 13, 2004
1,885 Posts
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Oct 17, 2005, 7:50 pm

Quote: Originally posted by lchoro on October 17, 2005

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?
CASH Only

United States
Member #379
June 5, 2002
11,296 Posts
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Oct 22, 2005, 11:27 am

chewie:

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

Ypsilanti, MI
United States
Member #15,733
May 20, 2005
217 Posts
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Oct 24, 2005, 12:45 pm

Quote: Originally posted by sirbrad on October 17, 2005

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??
ryanm

Morrison, IL
United States
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May 13, 2004
1,885 Posts
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Oct 24, 2005, 1:00 pm

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

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