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urrutiap

South Dakota
United States
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October 19, 2005
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Jan 29, 2012, 1:33 am

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

Zeta Reticuli Star System
United States
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January 17, 2006
11,788 Posts
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Jan 29, 2012, 2:12 am

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. 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.
TheRightPrice

Orlando, FL
United States
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August 28, 2011
259 Posts
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Jan 29, 2012, 3:23 am

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.
CDanaT

Central TN
United States
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January 4, 2012
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Jan 29, 2012, 8:56 am

Quote: Originally posted by TheRightPrice on Jan 29, 2012
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.

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

Si vis pacem, para bellum.
rcbbuckeye

100

Texas
United States
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October 23, 2007
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Jan 29, 2012, 9:10 am

Quote: Originally posted by urrutiap on Jan 29, 2012
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

100

United States
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January 19, 2002
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Jan 29, 2012, 9:21 am

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

25

Ringleader

Michigan
United States
Member #81,738
October 28, 2009
128,266 Posts
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Jan 29, 2012, 9:26 am

Quote: Originally posted by fja on Jan 29, 2012
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.
JADELottery

Native American Eagle Sun

MN
United States
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December 7, 2001
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Jan 29, 2012, 9:36 am

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

The One Over None
I Know...
hearsetrax

United States
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May 21, 2007
3,796 Posts
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Jan 29, 2012, 12:29 pm

Quote: Originally posted by JADELottery on Jan 29, 2012
It's so you can double down your losing combos.

specially after my most recent pair of losers .......

better odds my fat (__|__)
rdgrnr

100

The Hall Of The Mountain Kings Tennessee
United States
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April 28, 2009
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Jan 29, 2012, 12:57 pm

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

United States
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May 31, 2000
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Jan 29, 2012, 1:54 pm

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

100

Escondido, CA
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December 31, 2001
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Jan 29, 2012, 2:03 pm

Quote: Originally posted by on Jan 29, 2012
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

100

mid-Ohio
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March 24, 2001
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Jan 29, 2012, 7:28 pm

Quote: Originally posted by fja on Jan 29, 2012
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 every combination, just the winning ones *
Guest

United States
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May 31, 2000
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Jan 29, 2012, 7:54 pm

Quote: Originally posted by hosni on Jan 29, 2012
Good assumasion Somer dude. A trickle down activity.

i was joking...ha ha
Stack47

Kentucky
United States
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February 14, 2006
10,301 Posts
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Jan 30, 2012, 8:09 am

Quote: Originally posted by RJOh on Jan 29, 2012
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.

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

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