If Powerball & Megamillions combined & the tickets cost 2 dollars..Prev TopicNext Topic

• pumpi76

  

  Honduras
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  August 29, 2005
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  Jun 24, 2008, 1:11 am

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  What do you think will be the STARTING jackpot of Powerball & MegaMillions if they were to combined into 1 lottery? And what will be their biggest jackpot...

  How about if they combined and each ticket cost $ 2.00...What will be their Starting Jackpot and what will be their biggest swollen jackpot hor far it will reach...

  I am not ruling out the posibility of each ticket costing 2 dollars...Is already happening in Florida, is optional but that's how they start...
• pumpi76

  

  Honduras
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  Jun 24, 2008, 1:13 am

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  If the ticket cost 2 dollar there might be more money to share for each state....
• kloud9y2k

  

  Pasadena MD
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  Jul 23, 2008, 10:56 pm

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  pumpi76, Let's take this strategy of larger lottos to the max,

  INTRODUCING!

  THE GLOBAL LOTTERY!

  Can you imagine the jackpots for that?

  Were talking Billions.
• Todd

  

  50

  Chief Bottle Washer

  New Jersey
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  Jul 24, 2008, 1:37 am

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  <Moved to Jackpot Games forum>

  Please post in the appropriate forum ... thank you.
• sweetbitterkiss

  

  Michigan
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  Jul 24, 2008, 8:42 am

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  i dont like the idea of $2 for a price because i will only be able to play one combination and right now with $2 i can play two combinations and i like it how it is right now if the combined them i think the chances of wining will be much harder right? or maybe i am wrong

  one day my life will be complete ^_^
• kloud9y2k

  

  Pasadena MD
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  Jul 24, 2008, 2:20 pm

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  In response to sweetbitterkiss

  Quote: Originally posted by sweetbitterkiss on Jul 24, 2008

  i dont like the idea of $2 for a price because i will only be able to play one combination and right now with $2 i can play two combinations and i like it how it is right now if the combined them i think the chances of wining will be much harder right? or maybe i am wrong

  Well sweetbitterkiss, The price and odds are determined by the size of the population which can play, the jackpots, etc... So the larger the jackpots and the less tickets sold = higher prices. The less the jackpots and the more tickets sold = lower prices. Those are just simple examples, it can be made way more complicated if those who run the lottery choose.

  It also depends on what the lottery needs to bring in. Remember lotteries are designed to bring in money, not pay out money.

  You are right though, the chances of winning would increase heavily.
• kloud9y2k

  

  Pasadena MD
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  July 16, 2008
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  Jul 24, 2008, 8:46 pm

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  In response to kloud9y2k

  Quote: Originally posted by kloud9y2k on Jul 24, 2008

  Well sweetbitterkiss, The price and odds are determined by the size of the population which can play, the jackpots, etc... So the larger the jackpots and the less tickets sold = higher prices. The less the jackpots and the more tickets sold = lower prices. Those are just simple examples, it can be made way more complicated if those who run the lottery choose.

  It also depends on what the lottery needs to bring in. Remember lotteries are designed to bring in money, not pay out money.

  You are right though, the chances of winning would increase heavily.

  Correction, the odds of winning would decrease heavily.

  Sorry, it was a long night