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urrutiap

South Dakota
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October 19, 2005
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Jul 15, 2011, 1:23 pm

I was at the local news website for where I live and there was a news report that the price for powerball tickets will go up to 2 bucks next year. That's a bummer. So instead of spending 5 bucks on a whole sheet of 5 powerball tickets. Now we have to pay 10 bucks for a whole 5 sheeter
haymaker

Egg Harbor twp.south Jersey shore
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June 29, 2011
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Jul 15, 2011, 1:30 pm

Quote: Originally posted by urrutiap on Jul 15, 2011
I was at the local news website for where I live and there was a news report that the price for powerball tickets will go up to 2 bucks next year. That's a bummer. So instead of spending 5 bucks on a whole sheet of 5 powerball tickets. Now we have to pay 10 bucks for a whole 5 sheeter

did they report on the new odds ?

Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D.
rdgrnr

100

The Hall Of The Mountain Kings Tennessee
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Jul 15, 2011, 1:44 pm

Quote: Originally posted by urrutiap on Jul 15, 2011
I was at the local news website for where I live and there was a news report that the price for powerball tickets will go up to 2 bucks next year. That's a bummer. So instead of spending 5 bucks on a whole sheet of 5 powerball tickets. Now we have to pay 10 bucks for a whole 5 sheeter

That was reported here on Lottery Post last month in the News Forum.

https://www.lotterypost.com/news/233316
haymaker

Egg Harbor twp.south Jersey shore
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Jul 15, 2011, 2:12 pm

Quote: Originally posted by rdgrnr on Jul 15, 2011
That was reported here on Lottery Post last month in the News Forum.

https://www.lotterypost.com/news/233316

thanks for the link.that story reported that the odds are just slightly better than MM. what? for double the$ i want much better odds

Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D.
hearsetrax

United States
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Jul 15, 2011, 2:49 pm

Quote: Originally posted by haymaker on Jul 15, 2011
thanks for the link.that story reported that the odds are just slightly better than MM. what? for double the$ i want much better odds

bout the better odds ..... more how much faster they can empty the wallet
Todd

50

Chief Bottle Washer

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Jul 16, 2011, 9:27 am

<Moved to Jackpot Games forum>
Please post in the appropriate forum ... thank you.
jarasan

Harbinger

Maryland
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Jul 16, 2011, 10:19 pm

I hope the players unite and stop playing and send a message. I for one will no longer play.
haymaker

Egg Harbor twp.south Jersey shore
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June 29, 2011
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Jul 16, 2011, 10:27 pm

Quote: Originally posted by jarasan on Jul 16, 2011
I hope the players unite and stop playing and send a message. I for one will no longer play.

only play now when the JP is much bigger than MM.due to odds .

Extraordinary Popular Delusions & the Madness of Crowds -- Charles Mackay LL.D.
guesser

United States
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Jul 17, 2011, 1:42 am

Quote: Originally posted by haymaker on Jul 15, 2011
did they report on the new odds ?

Seriously: does it matter?

Folks STILL simply do not understand I could give you odds of 1 in 20 and I doubt you pick the number I am thinking of.

One in 200 million, one in 195 million, one in 100 million, one in 10 million, one in a million, odds don't matter when you get beyond 1 in 10. Period.

No, I don't mean if you go buy 10 tickets that one of them will win, my point is they would need to lower the odds to about 1 in 50 million~, and that's not going to happen.

I promise you I will play LESS games when the price goes up.
jjtheprince

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February 13, 2011
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Jul 17, 2011, 11:03 am

Greedy ba$tards lol

At least it's only going from $1 to $2.

My state's lottery is toying with the idea of releasing $50 and $100 scratch-offs LOL
NYSlugger 777

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Jul 24, 2011, 1:54 pm

Quote: Originally posted by haymaker on Jul 15, 2011
thanks for the link.that story reported that the odds are just slightly better than MM. what? for double the$ i want much better odds

Odds of winning the Jackpot in MM are 1 in 175,711,536

Odds of winning the Jackpot on PB are 1 in 195,249,054

Powerball is the tougher game according to those odds.. The $2 price for one Powerball ticket means that if you match ALL five winning white ball numbers WITHOUT the powerball you will automatically win $1,000,000.00. It makes no sense to me though they had to hike the ticket prices, Since I usually play with the powerplay option anyway so I always end up spending $2 per game anyway.

What I now don't understand is whats the deal with the powerplay option? Does the $2 per ticket change mean powerplay option will automatically be added on each ticket play? Or do we still have to pay extra to add the powerplay option and if so how much extra? Will it also be $2 extra to add powerplay option to each ticket? If so that means If I want to play only one game of Powerball with the powerplay option i'd have to spend $4 for one ticket which is absolutely ridiculous. Even if the powerplay option is only $1 more i'd still have to spend $3 on one game if i'm playing with powerplay which is still expensive. Or are they getting rid of the powerplay option completely?

Powerball's reason for hiking the tickets is that they will restart the jackpot at $40 Million each time after the jackpot is won, & it gives the players a better chance to win $1 Million since you only have to match all five Whiteballs without the powerball to win $1 Million, but it's the same thing with the powerplay option. If I add $1 extra to each ticket I win $1 Million if I match all five white ball numbers and not the powerball.

The $40 Million starting point is good BUT how much money will be added each time the jackpot is NOT hit? With the Powerball game getting more expensive, odds are a lot fewer players will play than before and the money added to the jackpot after each drawing will probaly be the same or less. THe only one who profits is Powerball. ALso if fewer tickets are sold, it will take longer for the jackpot to be hit and when the Jackpot Eventually hits $250 Million - $300 Million Powerball will rake in a lot of Money from players. Lottery games are really a voluntary tax and this is a hidden tax increase. If they were interested in making people go for the extra dollar they should Make All Winnings including the jackpot TAX FREE.
rdgrnr

100

The Hall Of The Mountain Kings Tennessee
United States
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April 28, 2009
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Jul 24, 2011, 6:31 pm

Quote: Originally posted by NYSlugger 777 on Jul 24, 2011
Odds of winning the Jackpot in MM are 1 in 175,711,536

Odds of winning the Jackpot on PB are 1 in 195,249,054

Powerball is the tougher game according to those odds.. The $2 price for one Powerball ticket means that if you match ALL five winning white ball numbers WITHOUT the powerball you will automatically win $1,000,000.00. It makes no sense to me though they had to hike the ticket prices, Since I usually play with the powerplay option anyway so I always end up spending $2 per game anyway.

What I now don't understand is whats the deal with the powerplay option? Does the $2 per ticket change mean powerplay option will automatically be added on each ticket play? Or do we still have to pay extra to add the powerplay option and if so how much extra? Will it also be $2 extra to add powerplay option to each ticket? If so that means If I want to play only one game of Powerball with the powerplay option i'd have to spend $4 for one ticket which is absolutely ridiculous. Even if the powerplay option is only $1 more i'd still have to spend $3 on one game if i'm playing with powerplay which is still expensive. Or are they getting rid of the powerplay option completely?

Powerball's reason for hiking the tickets is that they will restart the jackpot at $40 Million each time after the jackpot is won, & it gives the players a better chance to win $1 Million since you only have to match all five Whiteballs without the powerball to win $1 Million, but it's the same thing with the powerplay option. If I add $1 extra to each ticket I win $1 Million if I match all five white ball numbers and not the powerball.

The $40 Million starting point is good BUT how much money will be added each time the jackpot is NOT hit? With the Powerball game getting more expensive, odds are a lot fewer players will play than before and the money added to the jackpot after each drawing will probaly be the same or less. THe only one who profits is Powerball. ALso if fewer tickets are sold, it will take longer for the jackpot to be hit and when the Jackpot Eventually hits $250 Million - $300 Million Powerball will rake in a lot of Money from players. Lottery games are really a voluntary tax and this is a hidden tax increase. If they were interested in making people go for the extra dollar they should Make All Winnings including the jackpot TAX FREE.

A ticket will cost $2 and you get $1 million for 5+0.

A ticket with Powerplay will cost $3 and you get $2 million if you get 5+0.
JONNIE

United States
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May 17, 2008
187 Posts
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Jul 24, 2011, 6:59 pm

I'm wondering what the payoits will be too. Prob same structure as as before. If you didn't get the PB number right, you'll need at least 3 out of 5 to win anything.. Pretty tough, but I've gotten it a few times.
grwurston

100

Same #'s. Different games.

United States
Member #90,247
April 24, 2010
13,821 Posts
Online

Jul 24, 2011, 7:05 pm

Quote: Originally posted by NYSlugger 777 on Jul 24, 2011
Odds of winning the Jackpot in MM are 1 in 175,711,536

Odds of winning the Jackpot on PB are 1 in 195,249,054

Powerball is the tougher game according to those odds.. The $2 price for one Powerball ticket means that if you match ALL five winning white ball numbers WITHOUT the powerball you will automatically win $1,000,000.00. It makes no sense to me though they had to hike the ticket prices, Since I usually play with the powerplay option anyway so I always end up spending $2 per game anyway.

What I now don't understand is whats the deal with the powerplay option? Does the $2 per ticket change mean powerplay option will automatically be added on each ticket play? Or do we still have to pay extra to add the powerplay option and if so how much extra? Will it also be $2 extra to add powerplay option to each ticket? If so that means If I want to play only one game of Powerball with the powerplay option i'd have to spend $4 for one ticket which is absolutely ridiculous. Even if the powerplay option is only $1 more i'd still have to spend $3 on one game if i'm playing with powerplay which is still expensive. Or are they getting rid of the powerplay option completely?

Powerball's reason for hiking the tickets is that they will restart the jackpot at $40 Million each time after the jackpot is won, & it gives the players a better chance to win $1 Million since you only have to match all five Whiteballs without the powerball to win $1 Million, but it's the same thing with the powerplay option. If I add $1 extra to each ticket I win $1 Million if I match all five white ball numbers and not the powerball.

The $40 Million starting point is good BUT how much money will be added each time the jackpot is NOT hit? With the Powerball game getting more expensive, odds are a lot fewer players will play than before and the money added to the jackpot after each drawing will probaly be the same or less. THe only one who profits is Powerball. ALso if fewer tickets are sold, it will take longer for the jackpot to be hit and when the Jackpot Eventually hits $250 Million - $300 Million Powerball will rake in a lot of Money from players. Lottery games are really a voluntary tax and this is a hidden tax increase. If they were interested in making people go for the extra dollar they should Make All Winnings including the jackpot TAX FREE.

ONLY 195 million to one odds. Heck, there's only 307 million people in the whole U.S.of A. Good Luck...
jarasan

Harbinger

Maryland
United States
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July 30, 2006
6,611 Posts
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Jul 24, 2011, 9:34 pm

Quote: Originally posted by guesser on Jul 17, 2011
Seriously: does it matter?

Folks STILL simply do not understand I could give you odds of 1 in 20 and I doubt you pick the number I am thinking of.

One in 200 million, one in 195 million, one in 100 million, one in 10 million, one in a million, odds don't matter when you get beyond 1 in 10. Period.

No, I don't mean if you go buy 10 tickets that one of them will win, my point is they would need to lower the odds to about 1 in 50 million~, and that's not going to happen.

I promise you I will play LESS games when the price goes up.

Exactly. Most players look at the prize and think they are getting a proportional bigger payout for more cost per ticket like it is worth it or something. It is the counting yer chickens before they are hatched form of thinking.

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