Welcome Guest
You last visited December 2, 2016, 2:44 pm
All times shown are
Eastern Time (GMT-5:00)

# What could worth more?

Topic closed. 2 replies. Last post 9 years ago by KY Floyd.

 Page 1 of 1

Brazil
Member #51781
April 24, 2007
384 Posts
Offline
 Posted: July 14, 2007, 10:42 am - IP Logged

If you play the same numbers on 42 cards, each of them with a different Powerball number. All of them with the Power Play option ...

Which is better? The one winner ticket that has the Five White balls + the RED Power Ball or the 41 tickets matching five white numbers and with the Power Play multiplier?

Indiana
United States
Member #48725
January 7, 2007
1953 Posts
Offline
 Posted: July 14, 2007, 9:26 pm - IP Logged

41(5 + 0) winners x 5(The highest multiplier) x \$200,000 = \$41,000,000.

So mathematically, if the jackpot was less than \$41M, then the 5 + 0 wins would be worth more IF the multiplier is 5. However, that's mathematically. For something like this to happen would be very freakish. I'm pretty sure it doesn't say anywhere in the PowerBall's rules about something like that happening, and if it did happen, they would be forced to pay. Not just the \$41M for the 5+0 wins, but also the jackpot amount. That would definitely be insane, but not very likely.

Gonna win.

NY
United States
Member #23835
October 16, 2005
3471 Posts
Offline
 Posted: July 14, 2007, 11:05 pm - IP Logged

1. For the 5+1 winner to be better than 41 5+0 winners the  lump sum prize would have to be bigger. The Power play of 5 listed above would require an advertised jackpot of \$90 Million or so, assuming a single winner.

2. Even then, 41 5+0 winners could potentialy be the better deal. If a single person with 41 winners wanted to share with 40 friends and relatives they could simply give each person a ticket and avoid any tax complications.Depending on state tax rates, the collective tax savings could be about \$1 million.

3.  In the unlikely event that an unusually high number of tickets are 5+0 winners,  MUSL would not be forced to pay anything more than was allocated to that prize level, because the rules allow them to pay on a pari-mutuel basis.  If they sold 20 million tickets for that drawing they would expect about 5 5+0 winners, and they wouldn't  have anywhere near the \$8.2 million nominal payout for 41 winners. They chose to pay the full amount when 120 people won with the fortune cookie numbers. If the extra payout was small they would probably pay the full amount again, but if it was large they might decide that since the tickets had been bought by a single individual that they should make the pari-mutuel payout.

4. There would be no reason to consider which is better because if you played the same combination with all 42 power balls you wpould have the 41 5+0 winners and a jackpot winner.

 Page 1 of 1