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So why has the price for Powerball tickets gone up anyway?

Topic closed. 27 replies. Last post 5 years ago by Stack47.

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South Dakota
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October 19, 2005
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Posted: January 29, 2012, 1:33 am - IP Logged

Never asked  this until now. Why has the price for Powerball tickets gone up from a dollar to two bucks now?

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
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    Posted: January 29, 2012, 2:12 am - IP Logged

    Whatever the traffic will bear.

    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

    Lep

    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.

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      Orlando, FL
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      August 28, 2011
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      Posted: January 29, 2012, 3:23 am - IP Logged

      I have seen many clerks having difficulty explaining to many longtime players that the price has gone up to $2.00. It can be very confusing. Confused

        CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
        TX
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        January 4, 2012
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        Posted: January 29, 2012, 8:56 am - IP Logged

        I have seen many clerks having difficulty explaining to many longtime players that the price has gone up to $2.00. It can be very confusing. Confused

        I am leaning towards, " because they can".......you know, sorta like why does congress vote themselves a payraise no matter what the economy is like ?.....Because they can BS

        Stay Positive, Believe and good things will come your way

          rcbbuckeye's avatar - Lottery-043.jpg
          Texas
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          Posted: January 29, 2012, 9:10 am - IP Logged

          Never asked  this until now. Why has the price for Powerball tickets gone up from a dollar to two bucks now?

          Just go on the PB website and you can learn what the reason is. If $2 a draw is just too much to handle, then just play once a week instead of twice a week.

          Time will tell if it was a good move or not.

          Whoever eventually wins the jackpot will most definitely think it was a good move.

          CAN'T WIN IF YOU'RE NOT IN

          A DOLLAR AND A DREAM (OR $2)

            fja's avatar - gnome1

            United States
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            Posted: January 29, 2012, 9:21 am - IP Logged

            For a $1 more per ticket:

            1. The game will start at 40 million after a hit

            2. an 0+1 hit will pay $4 instead of $3

            3. a 5+0 hit will pay $1 million instead of $200,000.

            (they eliminated the kicker)

            In 2011 there were approx. 546 -  5+0 winners. 

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

              sully16's avatar - sharan
              Ringleader
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              Posted: January 29, 2012, 9:26 am - IP Logged

              For a $1 more per ticket:

              1. The game will start at 40 million after a hit

              2. an 0+1 hit will pay $4 instead of $3

              3. a 5+0 hit will pay $1 million instead of $200,000.

              (they eliminated the kicker)

              In 2011 there were approx. 546 -  5+0 winners. 

              Go for the 5 and 0, I like that part of it.

              Did you exchange a walk on part in the war ?

              For a lead role in a cage?

               

                                                          From Pink Floyd's " Wish you were here"

                JADELottery's avatar - MeAtWork 03.PNG
                The Quantum Master
                West Concord, MN
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                Posted: January 29, 2012, 9:36 am - IP Logged

                It's so you can double down your losing combos.

                Presented 'AS IS' and for Entertainment Purposes Only.
                Any gain or loss is your responsibility.
                Use at your own risk.

                Order is a Subset of Chaos
                Knowledge is Beyond Belief
                Wisdom is Not Censored
                Douglas Paul Smallish
                Jehocifer

                  hearsetrax's avatar - 0118

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                  Posted: January 29, 2012, 12:29 pm - IP Logged

                  It's so you can double down your losing combos.

                  I Agree! specially after my most recent pair of losers .......

                   

                  better odds my fat (__|__)

                    rdgrnr's avatar - walt
                    Way back up in them dadgum hills, son!
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                    Posted: January 29, 2012, 12:57 pm - IP Logged

                    They were jealous of the the prices the states were getting people to pay for scratchers.


                                                                 
                                         
                                                             

                     

                     

                     

                     

                                                                                                                       

                    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                --Edmund Burke

                     

                     

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                      Posted: January 29, 2012, 1:54 pm - IP Logged

                      truck drivers pay higher diesel prices to deliver lumber , and passed that cost to the lumber owners who jacked up the price of paper, thus the lottery officials had to payer higher prices for paper, and you end up eating the cost.

                        hosni's avatar - hosni
                        Escondido, CA
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                        Posted: January 29, 2012, 2:03 pm - IP Logged

                        truck drivers pay higher diesel prices to deliver lumber , and passed that cost to the lumber owners who jacked up the price of paper, thus the lottery officials had to payer higher prices for paper, and you end up eating the cost.

                        Good assumasion Somer dude. A trickle down activity.

                        Retired Grumman Aerospace Corporation F-14 Tomcat AVIONICS Field Engineer Extraordinaire

                          RJOh's avatar - chipmunk
                          mid-Ohio
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                          Posted: January 29, 2012, 7:28 pm - IP Logged

                          For a $1 more per ticket:

                          1. The game will start at 40 million after a hit

                          2. an 0+1 hit will pay $4 instead of $3

                          3. a 5+0 hit will pay $1 million instead of $200,000.

                          (they eliminated the kicker)

                          In 2011 there were approx. 546 -  5+0 winners. 

                          In 2011 there were approx. 546 -  5+0 winners. 

                          Early indicators are there won't be as many winners in 2012 unless the same number of tickets as in 2011 are sold.

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

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                            Posted: January 29, 2012, 7:54 pm - IP Logged

                            Good assumasion Somer dude. A trickle down activity.

                            i was joking...ha ha

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                              Kentucky
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                              Posted: January 30, 2012, 8:09 am - IP Logged

                              In 2011 there were approx. 546 -  5+0 winners. 

                              Early indicators are there won't be as many winners in 2012 unless the same number of tickets as in 2011 are sold.

                              If the same number of tickets are sold, there should be 273 5+0 winners because the odds are still the same, but each ticket now will be worth $1 million. The ads are saying "bigger jackpots with more millionaires" which is true because without winning the jackpot, we couldn't win $1 million on a $1 ticket.

                              While 546 5+0 winners seems like a lot, when you look at the odds against, it's only 0.000019% of all the tickets sold.