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Why don't they come with a lottery so more people become millionaire?

Topic closed. 12 replies. Last post 6 years ago by jaggudada.

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NY
United States
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December 31, 2010
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Posted: January 3, 2011, 9:12 pm - IP Logged

In jackpot lotteries, the 1st prize gets anywhere from 15 million to 300 million. Instead of one mega millionaire, why don't they have say many more millionaire who would win 2-3 millions? Is there a way we can lobby for this so they come up with a lottery that is tailored toward making handful of people millionaire. For most people, 2-3 million is all they need. You can wisely invest that kind of money and live rest of your life without financial worries.

    jackpotismine's avatar - kanji for_peace.jpg
    Kunming
    China
    Member #57910
    January 23, 2008
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    Posted: January 3, 2011, 9:16 pm - IP Logged

    In jackpot lotteries, the 1st prize gets anywhere from 15 million to 300 million. Instead of one mega millionaire, why don't they have say many more millionaire who would win 2-3 millions? Is there a way we can lobby for this so they come up with a lottery that is tailored toward making handful of people millionaire. For most people, 2-3 million is all they need. You can wisely invest that kind of money and live rest of your life without financial worries.

    One word: "GREED"!

    Play to win!

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
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      March 24, 2001
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      Posted: January 4, 2011, 12:10 am - IP Logged

      In jackpot lotteries, the 1st prize gets anywhere from 15 million to 300 million. Instead of one mega millionaire, why don't they have say many more millionaire who would win 2-3 millions? Is there a way we can lobby for this so they come up with a lottery that is tailored toward making handful of people millionaire. For most people, 2-3 million is all they need. You can wisely invest that kind of money and live rest of your life without financial worries.

      PowerBall and MegaMillions aren't the only jackpot games.  Most states have a 6/47-49 jackpot game that start out at $1.0M and are usually won before they reach $8.0M, problem is they don't attract a lot of players so most states add games like MM and PB to attract more players.  Games with better odds and smaller jackpots are already available for those those players who prefer them.

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

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        Kentucky
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        February 14, 2006
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        Posted: January 4, 2011, 2:21 am - IP Logged

        In jackpot lotteries, the 1st prize gets anywhere from 15 million to 300 million. Instead of one mega millionaire, why don't they have say many more millionaire who would win 2-3 millions? Is there a way we can lobby for this so they come up with a lottery that is tailored toward making handful of people millionaire. For most people, 2-3 million is all they need. You can wisely invest that kind of money and live rest of your life without financial worries.

        The odds of PowerBall and Mega Millions are huge and that's what makes the jackpots grow and because of the odds, it's unlikely there will be more than 3 winners on one drawing. For the same dollar bet one lucky player can win multi-millions compared to winning $500 playing pick-3.

        Many states held raffles over the holidays and several players became millionaires. That's probably as close as you'll get to what you're suggesting.

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          Detroit, Michigan
          United States
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          Posted: January 4, 2011, 1:25 pm - IP Logged

          Lottery = Tax

          They do not want you to win lol

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            NY
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            Posted: January 4, 2011, 9:08 pm - IP Logged

            PowerBall and MegaMillions aren't the only jackpot games.  Most states have a 6/47-49 jackpot game that start out at $1.0M and are usually won before they reach $8.0M, problem is they don't attract a lot of players so most states add games like MM and PB to attract more players.  Games with better odds and smaller jackpots are already available for those those players who prefer them.

            What smaller games are available in NY which will pay few millions? I'm aware of sweet million which gives 1 million as 1st price and $250,000 as 2nd price.


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              Posted: January 4, 2011, 9:28 pm - IP Logged

              yes,and if there were 400 one million dollar winners,like tonight might be,then soon there would be more wealthy ones then poor ones.who would do the work?

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                CT
                United States
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                June 23, 2008
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                Posted: January 4, 2011, 9:36 pm - IP Logged

                yes,and if there were 400 one million dollar winners,like tonight might be,then soon there would be more wealthy ones then poor ones.who would do the work?

                That's true.  The rich need the not rich to run the machines and do the paper work.  Just like centuries ago the kings and queens needed the serfs to do the work.  There will always be rich and always be poor, the poor workers will just use higher technologies to serve their masters.

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                  brugge
                  Belgium
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                  May 5, 2005
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                  Posted: January 7, 2011, 8:01 am - IP Logged

                  was in england christmas visting parents  25th december they had a lottery on your ticket on bottom was a serial no  they made that evening 25 serial no tickets  each one matching won 1 million pounds  making 25 millionaires thought that was a good idea

                    B$Rizzle's avatar - a4leds
                    The Ville, FL
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                    August 19, 2010
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                    Posted: January 7, 2011, 8:34 am - IP Logged

                    The only way this would probably work is by creating some sort of raffle tickets like many states already have. Considering most of the games are ball/computer driven there usually isnt that many winners and thats why it is usually won by a single person or a couple people.

                    The lottery commision cant control how many people win. It would be nice, but if only 1 or 2 people hit the exact #s what are they supposed to do? They cant split it to the 2nd place winners....

                      RJOh's avatar - chipmunk
                      mid-Ohio
                      United States
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                      Posted: January 7, 2011, 8:51 am - IP Logged

                      What smaller games are available in NY which will pay few millions? I'm aware of sweet million which gives 1 million as 1st price and $250,000 as 2nd price.

                      I live in Ohio so I don't keep up with the games in New York.  You are on the Internet and from NY and the New York lottery has a website with information about all its games so you can check it out if you're really want to know.

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

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                        Kentucky
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                        Posted: January 8, 2011, 9:21 pm - IP Logged

                        I live in Ohio so I don't keep up with the games in New York.  You are on the Internet and from NY and the New York lottery has a website with information about all its games so you can check it out if you're really want to know.

                        I believe the New York lottery offers PB and MM so for $2 anybody can win a $1 million by matching 5 numbers. They have 14 chances a week to win $1 million by betting $200 on one pick-4 number. If there goal is to win a million on one wager, there are certainly many ways to do it.

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                          NY
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                          December 31, 2010
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                          Posted: January 8, 2011, 9:54 pm - IP Logged

                          Lottery people have lot of statistics and if they were really thinking it is possible for them to design lottery in such a way so there will be more than 1 or 2 big winners but instead each winner can win 1-2 million. What is given is 50% of the sales should go  to lottery and they can do whatever they want with 50% of sales such as giving it to educational purposes. rest 50% of sales  should create more millionairs.