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mymonthlypicks

Virginia Beach,Va
United States
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September 25, 2008
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Feb 15, 2009, 7:49 am

Why? I don't get this, The Mega was 85 Million and EST for the next lottery will be 103 million a jump of 18 Million and Played in only 12 States. Now for the powerball, The Powerball was 92 million and the EST will be 105 million a jump of only 13 million. The Powerball is played in 30 States, Washington D.C. and the US Virgin Islands. Just same Like the Powerball should go up a lot more, Guess I have to look at the total population.

Mega 85 million to 103 million

Powerball 92 million to 105 million

If OBAMA'S The ANSWER

How STUPID was the QUESTION?
Raven62

25

New Jersey
United States
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June 28, 2005
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Feb 15, 2009, 7:59 am

In Addition to Ticket Sales, you also need to consider the Payouts for the Last Drawing:

MegaMillions
5+1 000,000 $85,000,000
5+0 000,005 $250,000/205,023
4+1 000,027 $10,000/$27,957
4+0 001,690 $150/$159
3+1 001,883 $150/$171
2+1 031,618 $10/$10
3+0 084,861 $7/$8
1+1 198,016 $3/$3
0+1 399,866 $2/$1
====================
TOT 717,966

PowerBall
5+1 000,000+(000,000 with Power Play)=000,000 $92,000,000
5+0 000,003+(000,001 with Power Play)=000,004 $200,000/$1,000,000
4+1 000,034+(000,012 with Power Play)=000,046 $10,000/$50,000
4+0 001,216+(000,313 with Power Play)=001,529 $100/$500
3+1 001,988+(000,510 with Power Play)=002,498 $100/$500
3+0 068,120+(017,900 with Power Play)=086,020 $7/$35
2+1 032,150+(008,549 with Power Play)=040,699 $7/$35
1+1 187,418+(049,281 with Power Play)=236,699 $4/$20
0+1 347,204+(088,925 with Power Play)=436,129 $3/$15
======================================
TOT 638,133+(165,491 with Power Play)=803,624

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DelmarvaChick

Ohio
United States
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December 20, 2008
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Feb 15, 2009, 7:59 am

I think it has to do with the type of investments each lottery puts their money into between draws. I guess MM has a better return on their investment than PB. PB actually has a FAQ page on their website where they answer this question. Their whole FAQ page s a pretty entertainng read, yet informative.
mymonthlypicks

Virginia Beach,Va
United States
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September 25, 2008
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Feb 15, 2009, 8:49 am

Payout

MegaMillions
5+1 000,000 $85,000,000 - 0000000000
5+0 000,005 $250,000/205,023 1,250,000
4+1 000,027 $10,000/$27,957 - 27,000
4+0 001,690 $150/$159 - 253,500
3+1 001,883 $150/$171 - 282,450
2+1 031,618 $10/$10 - 316,180
3+0 084,861 $7/$ - 594,027
1+1 198,016 $3/$3 - 594,048
0+1 399,866 $2/$ - 799,732
==================== ==============
TOT 717,966 $ 4,116,937

PowerBall

5+1 000,000+(000,000 with Power Play)=000,000 $92,000,000
5+0 000,003+(000,001 with Power Play)=000,004 $200,000/$1,000,000 – 1,800,000
4+1 000,034+(000,012 with Power Play)=000,046 $10,000/$50,000 - 940,000
4+0 001,216+(000,313 with Power Play)=001,529 $100/$500 - 278,100

3+1 001,988+(000,510 with Power Play)=002,498 $100/$500 - 198,800
3+0 068,120+(017,900 with Power Play)=086,020 $7/$35 - 453,800
2+1 032,150+(008,549 with Power Play)=040,699 $7/$35 - 524,265
1+1 187,418+(049,281 with Power Play)=236,699 $4/$20 - 1,735,292
0+1 347,204+(088,925 with Power Play)=436,129 $3/$15 - 2,375,487
====================================== =========

TOT 638,133+(165,491 with Power Play)=803,624 $8,305,744

Mega total Payout $4,116,937 Different $4,118,807

Powerball Payout $8,305,744

Still make no Since why Power ball should go up a lot more, So many more State in the Powerball and Mega went up 5 million more which is more then the different in Payout

If OBAMA'S The ANSWER

How STUPID was the QUESTION?
fja

100

United States
Member #91
January 19, 2002
16,125 Posts
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Feb 15, 2009, 11:45 am

Quote: Originally posted by Raven62 on Feb 15, 2009
In Addition to Ticket Sales, you also need to consider the Payouts for the Last Drawing:

MegaMillions
5+1 000,000 $85,000,000
5+0 000,005 $250,000/205,023
4+1 000,027 $10,000/$27,957
4+0 001,690 $150/$159
3+1 001,883 $150/$171
2+1 031,618 $10/$10
3+0 084,861 $7/$8
1+1 198,016 $3/$3
0+1 399,866 $2/$1
====================
TOT 717,966

PowerBall
5+1 000,000+(000,000 with Power Play)=000,000 $92,000,000
5+0 000,003+(000,001 with Power Play)=000,004 $200,000/$1,000,000
4+1 000,034+(000,012 with Power Play)=000,046 $10,000/$50,000
4+0 001,216+(000,313 with Power Play)=001,529 $100/$500
3+1 001,988+(000,510 with Power Play)=002,498 $100/$500
3+0 068,120+(017,900 with Power Play)=086,020 $7/$35
2+1 032,150+(008,549 with Power Play)=040,699 $7/$35
1+1 187,418+(049,281 with Power Play)=236,699 $4/$20
0+1 347,204+(088,925 with Power Play)=436,129 $3/$15
======================================
TOT 638,133+(165,491 with Power Play)=803,624

Approx. population in 12 MM States =158.6 million

Approx. Population in 32 PB States =124.3 Million

Not that everybody plays

"Everybody has to believe in something...I believe I'll have another beer!" = W.C.Fields
mymonthlypicks

Virginia Beach,Va
United States
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September 25, 2008
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Feb 15, 2009, 8:20 pm

thanks

If OBAMA'S The ANSWER

How STUPID was the QUESTION?
pumpi76

Honduras
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August 29, 2005
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Feb 15, 2009, 8:44 pm

that is weird....

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KY Floyd

NY
United States
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October 16, 2005
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Feb 16, 2009, 1:28 am

The number of states is meaningless, other than each new state that joins increases the potential player population. The MM states tend to be ones with large populations, so as was pointed out, MM has nearly 30% more potential players. I can't imagine what effect payouts for the previous drawing would have, though they certainly offer some indication of how many tickets were bought, and that's what it all comes down to. For the previous drawings, the advertised jackpot increased by 13 million and then by only 12 million, but sales for that drawing increased by about 20% . That suggests that the advertised jackpot should have increased by about 16.5 million instead of 12 million. In that case, 4.5 million of the current increase of 18 million is from sales for the previous drawing, so the real increase is about 14.5 million.
mymonthlypicks

Virginia Beach,Va
United States
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September 25, 2008
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Feb 16, 2009, 9:54 am

I still don't believe Mega takes in more money then the powerball also I believe powerball has a MUCH bigger population base. I wish their was a unbais firm that could post the truth of how much money each really takes in on every Drawing.

If OBAMA'S The ANSWER

How STUPID was the QUESTION?
JWBlue

San Diego, CA
United States
Member #58,384
February 12, 2008
335 Posts
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Feb 16, 2009, 11:45 am

Lottery Sales for latest drawings:

Powerball: $26,121,650

Mega Millions: $29,195,735

I believe this is relevant. Powerball probably should be higher.
fja

100

United States
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January 19, 2002
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Feb 16, 2009, 2:47 pm

I believe you also have to take into account the amount of expenses it takes to run PB out of 32 states vs. MB out of 12...almost 3X's more.

"Everybody has to believe in something...I believe I'll have another beer!" = W.C.Fields

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