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Why not a lottery that goes "wide"?

Topic closed. 18 replies. Last post 11 years ago by Coin Toss.

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Zeta Reticuli Star System
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Posted: April 14, 2006, 5:47 pm - IP Logged

Instead of Powerball and Mega Millions jackpots of hundreds of millions of dollars for one winning ticket, why not have a payout table that puts more money into the lower prizes- say put a ceiling on the jackpot at $50,000,000 abd after that put more money into 5 of 5 and no PB or MM number, or draw an additional set or two of numbers for the same tickets people are holding? Kind of a new "second chance" approach.

In other words, with a jackpot of over $50,000,000, an additional set of numbers would be drawn and maybe there would be two people with 6 of 6 with different sets of numbers. In other words, simply create more winners. Kind of like red game / green game casino keno. Maybe charge an extra dollar for the "green game", maybe not.

Any thoughts?

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    Morrison, IL
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    Posted: April 15, 2006, 1:38 am - IP Logged

    That would not work because such a game probably wouldn't get high enough sales to support that.

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
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      Posted: April 15, 2006, 2:23 am - IP Logged

      Thanks for replying!

      El Gordo does very well in Spain.

        LOTTOMIKE's avatar - Lottery-063.jpg
        Tennessee
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        Posted: April 15, 2006, 2:35 am - IP Logged

        interesting thought coin toss......

          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
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          Posted: April 15, 2006, 11:24 am - IP Logged

           I'm thinking that such a lottery may not get a lot of play at first, but instead of a lottery, state lottery, multi-state lottery, even national lottery announcing one 200 million dollar winner,  let 100 people win two million and see what happens after that.

            RJOh's avatar - chipmunk
            mid-Ohio
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            Posted: April 15, 2006, 11:40 am - IP Logged

            Ohio tried that years ago before the multi-state games when its state lottery was the most popular one in the area.  It had several big winners from Pennsylvania and Indiana and some people thought too many players were winning big and not sharing so a limit of $20M per ticket regardless of the jackpot size was tried.  They found out that advertising a $60M jackpot with a limit of $20M per ticket didn't attract any more players than advertising a $20M jackpot and the rule was eliminated after the lottery lost its appeal.  While Ohio was experimenting with that rule, the surrounding states improved their lotteries and Ohio lottery was never as popular again. 

            PowerBall and MegaMillions are popular because of their big jackpots.  Players who want to share the prizes play in lottery pools and players who would like to win it all for themselves don't.  If the amount that could be won was limited to the amount of a local lottery with better odds, there would be no point in playing these multi-state games. 

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

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              Cheektowaga, NY
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              Posted: April 15, 2006, 12:41 pm - IP Logged

              Hi There,

              Agree, there should be more for the lower prizes.  I know I would buy more tickets if they gave more money to the lower numbers.  To give 100mil to one winner is ridiculous.  But the people who decide how the awards should be handed out do not consider that they may make more money if there were more substantial awards.

                RJOh's avatar - chipmunk
                mid-Ohio
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                Posted: April 15, 2006, 1:15 pm - IP Logged

                For those players who think winning $100M or more is ridiculous, there are the local lotteries with better odds and smaller jackpots.  States use multi-state games with big jackpots to attract more players to all their games because it works. 

                PowerBall has a cap that goes into effect when its jackpot reaches a record amount and then more money is put in the prize pool for the 2nd place winners.  I think it only happened once.

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

                  Coin Toss's avatar - shape barbed.jpg
                  Zeta Reticuli Star System
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                  Posted: April 15, 2006, 2:18 pm - IP Logged

                  California once had a $193,000,000 jackpot on the state lottery if I read their website right. Of course, they have the population, so.

                   OK, before Vegas "went corporate" it was nothing for people to go out and everybody win $100 by lining up three bar bar bars on a slot. But $100 was the top prize on those slots. Nowadays it's the electronic slots (not mechanical wheels) and there's opne big "mega"-winner and thousands of losers.

                  RJOh

                  Competition always benefits the consumer. Maybe something to loosen up the multi-state games is definitley needed. 

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                    Morrison, IL
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                    Posted: April 15, 2006, 4:27 pm - IP Logged

                    For those players who think winning $100M or more is ridiculous, there are the local lotteries with better odds and smaller jackpots.  States use multi-state games with big jackpots to attract more players to all their games because it works.

                    PowerBall has a cap that goes into effect when its jackpot reaches a record amount and then more money is put in the prize pool for the 2nd place winners.  I think it only happened once.

                    Actually, the cap happened twice. That's pretty much the only time a game can get away with rolling down the jackpot without affecting sales.

                      Coin Toss's avatar - shape barbed.jpg
                      Zeta Reticuli Star System
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                      Posted: April 15, 2006, 7:32 pm - IP Logged

                      There's been conversations here on the site about "Lotto USA". If that happens that would be an ideal time to try something like that again, a broad base of big winners, instead of one mega, mega winner in a population of 290,000,000 (or whatever the latest number is).

                        justxploring's avatar - villiarna
                        Wandering Aimlessly
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                        Posted: April 15, 2006, 7:45 pm - IP Logged

                        "For those players who think winning $100M or more is ridiculous, there are the local lotteries with better odds and smaller jackpots.  States use multi-state games with big jackpots to attract more players to all their games because it works."  RJOh

                        I Agree!

                        I've read that people who normally don't play and don't even know how it works will blow a few bucks on a huge jackpot, which makes no sense to me at all.  I've also read that the much higher jackpots attract wealthier people who wouldn't necessarily be interested in a $10 million win, something else that makes no sense to me although I've heard people say "a million dollars wouldn't change my life." As I wrote in another post, I'm seeing people in FL this week buying QPs with 50 and 100 dollar bills.

                          Coin Toss's avatar - shape barbed.jpg
                          Zeta Reticuli Star System
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                          Posted: April 15, 2006, 7:52 pm - IP Logged

                          I've read that people who normally don't play and don't even know how it works will blow a few bucks on a huge jackpot, which makes no sense to me at all.


                          justxploring 

                          Brings the Super bowl to mind. People, millions of people make heart bets (their favoritre team, the home town team, etc...). This is a bookie's dream.

                            Coin Toss's avatar - shape barbed.jpg
                            Zeta Reticuli Star System
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                            Posted: April 16, 2006, 11:47 am - IP Logged

                            We're our own worst enemies...if a lottery commission was looking at this thread (I'm sure they read this board) they'd say, "See, there's not that much interest in that kind of game."

                            So on it goes and they pay one or a few winners (group play) maybe, and consider everybody else "marks".

                            (A mark is the victim in a con game). 

                              dvdiva's avatar - 8ball

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                              Posted: April 16, 2006, 12:19 pm - IP Logged

                              That's because there isn't that much interest. People playing jackpot games want a large jackpot for themselves. Most don't want a socialist ideal of no one being rich.

                              I also play for smaller jackpots. In WA state the pick 5 here is Quinto and when it breaks 2 million or so I start buying tickets. I am also playing for a jackpot but a smaller jackpot with better odds. If people want to play for smaller pots state games offer that but with much better odds than the multi-state games.