How much you think the Powerball Inventor got: After all is he who invented itPrev TopicNext Topic

• pumpi76

  

  Honduras
  Member #20,981
  August 29, 2005
  4,715 Posts
  Offline
  Jan 14, 2010, 7:47 pm

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  After all it was he who invented Powerball...I am sure that the descendants of the guy that invented the plane must be loaded with cash...

  how much you think the inventor of Powerball got in his bank account...

  The Forex trades: 1.6 Trillion dollars EVERY day, that´s more than the GDP of the Carribbean Central America, COMBINED. Enough to feed every crook out there for centuries...To all Geniuses & Powers Countries of the World the Planet needs breakthroughs in all Medicine, Veterinary, Biology related fields, Psychology, Population Psychology/Sociology..They need to genetically ingeneer new plants species/types to give more variety of plants and thus have more resources for combating diseases¨

  
  

   
  

  
  

   
  

  
  

   
  

   
  

  
  
• Coin Toss

  

  Zeta Reticuli Star System
  United States
  Member #30,469
  January 17, 2006
  11,788 Posts
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  Jan 15, 2010, 1:39 am

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  Pumpi,

  From A History of Gambling in the United States from a California government website (click on the link at the end for more info);

  Lotteries Begin Their Resurgence. From 1894 to1964, there were no legal government-sponsored lotteries operating inthe United States. This ban led to a paradox: lotteries were widelyplayed, but always illegal. One of the most well known was the Irishsweepstakes which began in 1930 for the purpose of raising money forhospitals in Ireland. Although it was not legal to sell tickets in theU.S. or to ship them here, they were smuggled into the country.Participation was high with about 13 percent of the country having everbought a ticket.²⁷

  Another prominent form of lottery was the illegal "numbers"game. Despite the illegality, numbers was quite popular. One authorclaimed that the amount being wagered on numbers was $5 billion in 1960.²⁸Another estimate shows that the numbers game was grossing $20 millionannually in Chicago alone during the early 1970s and the total handlewas $1.1 billion.²⁹

  Growing opposition to tax increases was a leading factor inestablishing state-run lotteries in the 20th century. In 1964 NewHampshire was the first state to sponsor a lottery, followed by NewYork in 1967. New Jersey launched the first financially successfulmodern lottery in 1971. The New Jersey lottery was successful becauseit stressed frequent action at low cost, and it returned a higherpercentage of lottery revenues as prizes. There were also variousattempts to legalize a national lottery, but they failed to be passedby Congress.

  http://www.library.ca.gov/crb/97/03/Chapt2.html

   

  From Wikipedia

  Background and History

  Powerball's predecessor began in 1988^[1]; it was known as Lotto*America. The game, and name, were officially changed to Powerball on April 19, 1992. The first drawing was held on April 22, 1992.

  When it was launched Powerball became the first game to use twodrums as its core game. Using two drums offers more flexibility in gamedesign, allowing for the possibility of high jackpot odds, numerousprize levels, and low overall odds of winning at the same time. (Asexplained later, a Powerball ticket can win by matching only onenumber.) The two-drum concept was suggested by Steve Caputo of theOregon Lottery. The two-drum concept has since been copied by Mega Millions (formerly The Big Game) in the U.S., Australia's Powerball, Thunderball in the United Kingdom, and EuroMillions.

  http://en.wikipedia.org/wiki/Powerball

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  Since he was working for the Oregon Lottery he might have got some kind of bonus but that's about it.

  Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

  

  There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.