Welcome Guest
Log In | Register )
You last visited December 9, 2016, 8:10 pm
All times shown are
Eastern Time (GMT-5:00)

Weak Powerball Sales?

Topic closed. 147 replies. Last post 5 years ago by lottoguru$-!624.

Page 7 of 10
PrintE-mailLink
savagegoose's avatar - ProfilePho
adelaide sa
Australia
Member #37136
April 11, 2006
3300 Posts
Offline
Posted: February 25, 2012, 7:02 pm - IP Logged

the thing thats most amusing with this thread is that EVERYONE agrees to the facts at the core of the issue. they just  have a problem agreeing to the terminoligy to describe the facts.

2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

    Avatar
    Kentucky
    United States
    Member #32652
    February 14, 2006
    7318 Posts
    Offline
    Posted: February 25, 2012, 7:55 pm - IP Logged

    "When PB was $1 ticket you got the same $1 million guarantee with Powerplay and the Megaplier too with MM having less odds against matching 5+0"

     

    There was no "GUARANTEE" to get $1 million  in the "OLD" Powerball with Powerplay. For the extra dollar you rolled the dice and could receive anywhere from 2x-5x the second tier prize of $200k. You could have scored $400k, $600K, $800k or $1 million; how is that a "GUARANTEE" that you would

    receive $1 million? Same with MM with Megaplier, no "GUARANTEE" anywhere. The only guarantee is that by playing with Megaplier you could receive

    2x -4x the lower tier prizes.

     

    You mentioned that in another thread that I said Powerplay GUARANTEED $1 million for matching 5+0 in 2007?????????  That's total BULL!   Red Devil

    Produce that thread, you won't because I never said it. What  I said is if I Power played in "07" I could have doubled my second prize to $400k, 

    because the Powerplay # came up as 2x.

    "There was no "GUARANTEE" to get $1 million  in the "OLD" Powerball with Powerplay."

    Then explain how two Powerplay players each won $1 million on January 11, 2012 when the multiplier was 2 "in the OLD PB".  On 1/4 when the multiplier was 4, 12/24 when it was 2, or three years ago on February 21, 2009, one Powerplayer won $1 million when the multiplier was 4.

     http://www.usamega.com/powerball-drawing.asp?d=1/11/2012

    "What  I said is if I Power played in "07" I could have doubled my second prize to $400k, because the Powerplay # came up as 2x."

    According to USA Mega Powerplay guaranteed $1 million on Jan. 3, 2007.

    Winners By Prize Level (All States Combined)

    Match First 5
    +
    Match Powerball
    No. of
    Winners
    Prize AmountTotal Awarded
      5 + 1 (Jackpot)0$100,000,000$0
      5 + 0
        with Power Play †
    6
    2
    $200,000
    $1,000,000
    $1,200,000
    $2,000,000
      4 + 1
        with Power Play
    37
    4
    $10,000
    $30,000
    $370,000
    $120,000
      4 + 0
        with Power Play
    1,150
    269
    $100
    $300
    $115,000
    $80,700
      3 + 1
        with Power Play
    1,509
    312
    $100
    $300
    $150,900
    $93,600
      2 + 1
        with Power Play
    62,087
    13,360
    $7
    $21
    $434,609
    $280,560
      3 + 0
        with Power Play
    25,294
    5,604
    $7
    $21
    $177,058
    $117,684
      1 + 1
        with Power Play
    144,519
    31,330
    $4
    $12
    $578,076
    $375,960
      0 + 1
        with Power Play
    259,685
    54,471
    $3
    $9
    $779,055
    $490,239
    Total599,639$7,363,441

     Power Play at this level is always 5.

    "You mentioned that in another thread that I said Powerplay GUARANTEED $1 million for matching 5+0 in 2007?????????  "

    Nope, I mentioned that another member (CrazyHazyYah!: "Just letting you know for future reference, the multiplier is irrelevant when it comes to the second-tier, 5-0 prize. If you played Powerplay back then, it would have made it $1,000,000 automatically.") said it. Either Crazy and USA Mega is giving me false information or you are.

    "That's total BULL!   

    You're the one that said you "absolutely believe" you'll win a jackpot and yesterday said:

    "Just speaking for myself garyo, I obviously would love to win the elusive jackpot, but I'm also gunning also for that second prize of a cool $1,000,000 As you indicated the odd's have not changed for getting the first 5 white balls. So to kick in an extra buck to get a "guaranteed" $1 Mill. if you score all"

    Pardon me for pointing out that someone who "absolutely believes" had their chance to "kick in an extra buck" and win "a guaranteed $1 million" but didn't.

    "Produce that thread, you won't because I never said it.  "

    http://www.lotterypost.com/news/242665/4

    I assumed you acknowledge there was $1 million Powerplay guarantee because you never replied to CrazyHazyYah!'s correction. But considering we had one poster giving Brad Duke a 7 year belated congrats for winning, another calling Idaho a racist state because very few minorities lives there, and a third giving us the Obama family travel log, I may have missed you're reply to Crazy. Or maybe I thought you were correcting yourself when you said "Just a correction to my own reply, it is also not an option when you get 5+0 to win $1,000,000 with Powerball. Just the standard $2/ticket."

    I produced " Power Play at this level is always 5." from USA Mega. Can you produce anything to prove a Powerplay 5+0 winner in "07" won less than $1 million?


      United States
      Member #111442
      May 25, 2011
      6323 Posts
      Offline
      Posted: February 26, 2012, 3:01 am - IP Logged

      "There was no "GUARANTEE" to get $1 million  in the "OLD" Powerball with Powerplay."

      Then explain how two Powerplay players each won $1 million on January 11, 2012 when the multiplier was 2 "in the OLD PB".  On 1/4 when the multiplier was 4, 12/24 when it was 2, or three years ago on February 21, 2009, one Powerplayer won $1 million when the multiplier was 4.

       http://www.usamega.com/powerball-drawing.asp?d=1/11/2012

      "What  I said is if I Power played in "07" I could have doubled my second prize to $400k, because the Powerplay # came up as 2x."

      According to USA Mega Powerplay guaranteed $1 million on Jan. 3, 2007.

      Winners By Prize Level (All States Combined)

      Match First 5
      +
      Match Powerball
      No. of
      Winners
      Prize AmountTotal Awarded
        5 + 1 (Jackpot)0$100,000,000$0
        5 + 0
          with Power Play †
      6
      2
      $200,000
      $1,000,000
      $1,200,000
      $2,000,000
        4 + 1
          with Power Play
      37
      4
      $10,000
      $30,000
      $370,000
      $120,000
        4 + 0
          with Power Play
      1,150
      269
      $100
      $300
      $115,000
      $80,700
        3 + 1
          with Power Play
      1,509
      312
      $100
      $300
      $150,900
      $93,600
        2 + 1
          with Power Play
      62,087
      13,360
      $7
      $21
      $434,609
      $280,560
        3 + 0
          with Power Play
      25,294
      5,604
      $7
      $21
      $177,058
      $117,684
        1 + 1
          with Power Play
      144,519
      31,330
      $4
      $12
      $578,076
      $375,960
        0 + 1
          with Power Play
      259,685
      54,471
      $3
      $9
      $779,055
      $490,239
      Total599,639$7,363,441

       Power Play at this level is always 5.

      "You mentioned that in another thread that I said Powerplay GUARANTEED $1 million for matching 5+0 in 2007?????????  "

      Nope, I mentioned that another member (CrazyHazyYah!: "Just letting you know for future reference, the multiplier is irrelevant when it comes to the second-tier, 5-0 prize. If you played Powerplay back then, it would have made it $1,000,000 automatically.") said it. Either Crazy and USA Mega is giving me false information or you are.

      "That's total BULL!   

      You're the one that said you "absolutely believe" you'll win a jackpot and yesterday said:

      "Just speaking for myself garyo, I obviously would love to win the elusive jackpot, but I'm also gunning also for that second prize of a cool $1,000,000 As you indicated the odd's have not changed for getting the first 5 white balls. So to kick in an extra buck to get a "guaranteed" $1 Mill. if you score all"

      Pardon me for pointing out that someone who "absolutely believes" had their chance to "kick in an extra buck" and win "a guaranteed $1 million" but didn't.

      "Produce that thread, you won't because I never said it.  "

      http://www.lotterypost.com/news/242665/4

      I assumed you acknowledge there was $1 million Powerplay guarantee because you never replied to CrazyHazyYah!'s correction. But considering we had one poster giving Brad Duke a 7 year belated congrats for winning, another calling Idaho a racist state because very few minorities lives there, and a third giving us the Obama family travel log, I may have missed you're reply to Crazy. Or maybe I thought you were correcting yourself when you said "Just a correction to my own reply, it is also not an option when you get 5+0 to win $1,000,000 with Powerball. Just the standard $2/ticket."

      I produced " Power Play at this level is always 5." from USA Mega. Can you produce anything to prove a Powerplay 5+0 winner in "07" won less than $1 million?

      Here we go again........Roll Eyes

       

      Since Powerball's inception on April 19, 1992 it has gone threw through several  modifications. We need to "define" which "older" Powerball game

      and prize structure you are referring to. In 2007, regardless of your sources, when the Power play option was exercised there was no

      "automatic" $1 million second prize award. The "multiplier" was spun and you had the opportunity to receive 2x-5x the second tier prize

      of $200k period.

       

      On January 4, 2009 according to Wikipedia, the Power play was then modified so that anyone spending the extra dollar for the Power play option 

       would automatically receive $1 million for the second tier prize of $200k. So all your graph's indicating a payout of $1 million for anyone who Power

      played after this date, and hit all five white balls are correct.

       

      Because me or any other member of this forum doesn't respond to every single post is no admission or denial of anything.     Crazy

       

      When responding to garyo my statement was absolutely correct. With the "current" rules and prize structure in place, for kicking in an extra buck I

      am gunning for that guaranteed $1 million, if I am fortunate enough to hit all five white balls again.    PHEWWW............Razz

        Piaceri's avatar - sarsony1
        Republic of Texas
        United States
        Member #57557
        January 9, 2008
        1095 Posts
        Offline
        Posted: February 26, 2012, 9:09 am - IP Logged

        It's okay to be shocked Ruud. Just don't be beating your head against that brick wall for to long, not worth getting a concussion over.

        With a degree in Business Management, I to am frustrated over the inability for some of our posters who cannot grasp the basics of 101

        economics, or even basic math. We must be understanding, forgiving, compassionate......then continue beating our heads against brick walls.

         

        Bang HeadBang HeadBang HeadBang HeadBang HeadBang HeadBang HeadBang Head

        As an Accountant, I say ticket sales are down, revenue and profits are up.  Units do matter, because when you explain your year over year variances to management, units become part of the equation, otherwise how would you explain a 100% price increase with only a 50% revenue increase? What happens if number of ticket sales drop to less than 50% of previous levels, say even 50%? 1,000,000 tickets sold at $1 vs 500,000 tickets sold at $2 becomes a net $0 growth in revenue with a 100% price increase. How is that explained to management... unit sales

        Units matter to accountants, too. :) 

        Y'all are arguing apples and oranges. Reminds me of conservatives vs liberals. They just think differently.

         

        As a PB player, I'm disappointed in the draw to draw $ cash increase, which to me is a huge negative since they doubled the price and claimed jackpots will increase faster.

        face

        singlewinnersinglewinnersinglewinner   


          United States
          Member #111442
          May 25, 2011
          6323 Posts
          Offline
          Posted: February 26, 2012, 9:57 am - IP Logged

          As an Accountant, I say ticket sales are down, revenue and profits are up.  Units do matter, because when you explain your year over year variances to management, units become part of the equation, otherwise how would you explain a 100% price increase with only a 50% revenue increase? What happens if number of ticket sales drop to less than 50% of previous levels, say even 50%? 1,000,000 tickets sold at $1 vs 500,000 tickets sold at $2 becomes a net $0 growth in revenue with a 100% price increase. How is that explained to management... unit sales

          Units matter to accountants, too. :) 

          Y'all are arguing apples and oranges. Reminds me of conservatives vs liberals. They just think differently.

           

          As a PB player, I'm disappointed in the draw to draw $ cash increase, which to me is a huge negative since they doubled the price and claimed jackpots will increase faster.

          We need Accountants, thank you for your services.  Type I agree that from a business prospective, units are just as important in factoring in ongoing

          business strategies and financial forecasting.

            Coin Toss's avatar - shape barbed.jpg
            Zeta Reticuli Star System
            United States
            Member #30470
            January 17, 2006
            10353 Posts
            Offline
            Posted: February 26, 2012, 1:38 pm - IP Logged

            The lotteries don't need to hype anything.  The numbers speak for themselves.  Plus, they're probably too busy enjoying the higher sales and profits for education, veterans, general fund, etc. while the players enjoy larger jackpot growth, higher 2nd place prizes, etc.

            Here you go, Ruud, from today's (Feb 26th 2012) St Louis Post dispatch. Here's an example of a state hype job and voodoo accounting by the state, the lottery, and education funds. Read on:

            McClellan: It's hard to say no to elderly veterans

            St Louis Today.com | Posted: Sunday, February 26, 2012 12:05 am

            The Missouri Legislature has come up with a scheme — excuse me, a plan — to take casino entrance fee money that used to go to early childhood education programs and divert it to veterans' homes.

            But don't worry about those early childhood education programs. They will be funded by cutting the money available for lottery prizes.


            Read more: http://www.stltoday.com/news/local/columns/bill-mcclellan/mcclellan-it-s-hard-to-say-no-to-elderly-veterans/article_01b66b24-41ca-5d47-b198-c22d7b4d728c.html#ixzz1nVxi7PrS

            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.

              Litebets27's avatar - power
              Maryland
              United States
              Member #10465
              January 14, 2005
              6065 Posts
              Offline
              Posted: February 26, 2012, 2:14 pm - IP Logged

              Wow!, that stinks!!

              The same thing happened to the education fund in Maryland.

              Except the Maryland Stadium Authority is now the recipient of what was once slated for public education.

              There is still a much small portion of the pie that is suppose to go towards the public education funds,

              but i've never heard anyone from public ed. acknowledging receiving these funds.

              Feeling,  PRICELESS!!!Banana

              Come on Jackpot!!!

                Avatar

                United States
                Member #123134
                February 14, 2012
                55 Posts
                Offline
                Posted: February 26, 2012, 2:21 pm - IP Logged

                This really isn't hype or voodoo accounting.  Missouri is going to pass a bill to reduce prize payout from 62.5 to 59% (or something like that).  The extra money will be earmarked for childhood education and the casino entrance fees will go towards veteran's programs. 

                 

                Obviously, lotteries advertise and "hype," but, with regard to the issue of Powerball sales and revenue, there's nothing to oversell.  Revenue and profits are up.

                  Avatar

                  United States
                  Member #123134
                  February 14, 2012
                  55 Posts
                  Offline
                  Posted: February 26, 2012, 2:24 pm - IP Logged

                  As an Accountant, I say ticket sales are down, revenue and profits are up.  Units do matter, because when you explain your year over year variances to management, units become part of the equation, otherwise how would you explain a 100% price increase with only a 50% revenue increase? What happens if number of ticket sales drop to less than 50% of previous levels, say even 50%? 1,000,000 tickets sold at $1 vs 500,000 tickets sold at $2 becomes a net $0 growth in revenue with a 100% price increase. How is that explained to management... unit sales

                  Units matter to accountants, too. :) 

                  Y'all are arguing apples and oranges. Reminds me of conservatives vs liberals. They just think differently.

                   

                  As a PB player, I'm disappointed in the draw to draw $ cash increase, which to me is a huge negative since they doubled the price and claimed jackpots will increase faster.

                  I suppose I could stomach the explanation of "ticket sales are down, revenue and profits are up," but at the end of the day, all that really matters is revenue (which increased) vs. costs (margins stayed the same).

                   

                  The point remains that the switch to the $2 ticket was a positive and profitable business decision for Powerball.

                    garyo1954's avatar - garyo
                    Dallas, Texas
                    United States
                    Member #4549
                    May 2, 2004
                    1730 Posts
                    Offline
                    Posted: February 26, 2012, 2:51 pm - IP Logged

                    I suppose I could stomach the explanation of "ticket sales are down, revenue and profits are up," but at the end of the day, all that really matters is revenue (which increased) vs. costs (margins stayed the same).

                     

                    The point remains that the switch to the $2 ticket was a positive and profitable business decision for Powerball.

                    That's what John Wayne said, just before 175,000,000 Indians showed up at his tent.

                      savagegoose's avatar - ProfilePho
                      adelaide sa
                      Australia
                      Member #37136
                      April 11, 2006
                      3300 Posts
                      Offline
                      Posted: February 26, 2012, 4:04 pm - IP Logged

                      That's what John Wayne said, just before 175,000,000 Indians showed up at his tent.

                      after a year of shooting 5 indians and moving.  a sidekick tells the DUKE

                      " theyre breeding as fast as we're killing em duke. although we take out 5, theyre back next week! what are we going to do? "

                       

                      " why we're just gonna keep killing the devils, one day we'll kill a chief for sure "

                      2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                      keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                        mediabrat's avatar - 18z0typ
                        upstate NY
                        United States
                        Member #108791
                        March 31, 2011
                        549 Posts
                        Offline
                        Posted: February 26, 2012, 8:44 pm - IP Logged

                        the thing thats most amusing with this thread is that EVERYONE agrees to the facts at the core of the issue. they just  have a problem agreeing to the terminoligy to describe the facts.

                        Indeed.  If your definition of "sales" is "number of tickets sold", then sales are down.  If your definition of "sales" is "dollar value of tickets sold", then sales are up.

                          Avatar
                          Kentucky
                          United States
                          Member #32652
                          February 14, 2006
                          7318 Posts
                          Offline
                          Posted: February 26, 2012, 10:18 pm - IP Logged

                          Here we go again........Roll Eyes

                           

                          Since Powerball's inception on April 19, 1992 it has gone threw through several  modifications. We need to "define" which "older" Powerball game

                          and prize structure you are referring to. In 2007, regardless of your sources, when the Power play option was exercised there was no

                          "automatic" $1 million second prize award. The "multiplier" was spun and you had the opportunity to receive 2x-5x the second tier prize

                          of $200k period.

                           

                          On January 4, 2009 according to Wikipedia, the Power play was then modified so that anyone spending the extra dollar for the Power play option 

                           would automatically receive $1 million for the second tier prize of $200k. So all your graph's indicating a payout of $1 million for anyone who Power

                          played after this date, and hit all five white balls are correct.

                           

                          Because me or any other member of this forum doesn't respond to every single post is no admission or denial of anything.     Crazy

                           

                          When responding to garyo my statement was absolutely correct. With the "current" rules and prize structure in place, for kicking in an extra buck I

                          am gunning for that guaranteed $1 million, if I am fortunate enough to hit all five white balls again.    PHEWWW............Razz

                          "Here we go again"

                          It's a anonymous message board where people can spread any type of BS as fact they like. Not saying that you're spreading BS, but it's obvious this isn't the first time your facts were challenged.

                          "We need to "define" which "older" Powerball game"

                          It's not necessary to define anything after you said "Just speaking for myself garyo, I obviously would love to win the elusive jackpot, but I'm also gunning also for that second prize of a cool $1,000,000 As you indicated the odd's have not changed for getting the first 5 white balls. So to kick in an extra buck to get a "guaranteed" $1 Mill. if you score all" because you were obviously talking about the "old PB", the drawing before the ticket price was changed to $2, but didn't know "old Power Play" guaranteed $1 million. The odds did change in 2009, but since you said "have not change" that has to be the "older PB game" you were referring to.

                          "On January 4, 2009 according to Wikipedia, the Power play was then modified so that anyone spending the extra dollar for the Power play option  would automatically receive $1 million for the second tier prize of $200k. So all your graph's indicating a payout of $1 million for anyone who Powerplayed after this date, and hit all five white balls are correct."

                          The Powerball site says beginning on that date "Match 5 with Power Play always wins $1,000,000 Cash" and ran yearly 10x Power Play promotions beginning in 2006. Anybody could kick in an extra buck to win a cool million for the past 3 years, but that option is gone because you can't no longer buy a $1 PB ticket.

                          "Because me or any other member of this forum doesn't respond to every single post is no admission or denial of anything."

                          It looked to me like you were correcting yourself when you posted "Just a correction to my own reply, it is also not an option when you get 5+0 to win $1,000,000 with Powerball. Just the standard $2/ticket." It certainly looks like you knew Power Play guaranteed $1 million before the ticket price was raised to $2 but still went on to say "There was no "GUARANTEE" to get $1 million  in the "OLD" Powerball with Powerplay." as if it was fact.

                          "With the "current" rules and prize structure in place, for kicking in an extra buck I am gunning for that guaranteed $1 million, if I am fortunate enough to hit all five white balls again."

                          This conversation started when you said  "Well I haven't hit the big one yet Cletu$, but I absolutely believe it is going to happen and soon!" and my remarks questioned an "absolute belief", but not spending the extra buck to back it up. Apparently now it's been down graded to "gunning for" just like the rest of us casual players who now must kick in an extra buck because that's the price of a ticket.

                          "As others said, millions of players (like Brad Duke) probably "absolutely believe" they will win the jackpot too. I don't know if PB had the Power Play option in 2007."

                          I never pretended I knew when Power Play began or when it was change to "Match 5 with Power Play always wins $1,000,000 Cash" but I knew it existed in 2010 and you did say "There was no "GUARANTEE" to get $1 million  in the "OLD" Powerball with Powerplay." I questioned why a "true believer" didn't get multiple tickets or Power Play if it was an option in 2007 (which it was) when $400,000 was the minimum win potential.

                          I quoted the January, 2007 results from USA Mega which is Lottery Post's sister site. Knowing Todd's accuracy, it probably does say somewhere in the site when Power Play began guaranteeing $1 million, but I didn't see it. I just copied and pasted the results from the first drawing in 2007 and quoted the source.

                            Coin Toss's avatar - shape barbed.jpg
                            Zeta Reticuli Star System
                            United States
                            Member #30470
                            January 17, 2006
                            10353 Posts
                            Offline
                            Posted: February 26, 2012, 11:22 pm - IP Logged

                            Indeed.  If your definition of "sales" is "number of tickets sold", then sales are down.  If your definition of "sales" is "dollar value of tickets sold", then sales are up.

                            mediabrat,

                            But whose definition does the lottery use?

                            Just look at a ticket and the demographice the lotteries consider go far, far beyond number of tickets sold and total $$ coming in.

                            When they run their numbers it's state by state (5+1 games) and within that highest sales, lowest sales, etc, etc...down to the individual stores.

                            As some here have tried to tell others here, since the $2 ticket, PB has made more $$$ but with less people playing.

                            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.

                              RedStang's avatar - tallman zps6gf4inoc.jpg
                              NY
                              United States
                              Member #121961
                              January 21, 2012
                              3157 Posts
                              Offline
                              Posted: February 27, 2012, 12:27 am - IP Logged

                              They could atleast increase the lower prizes. Two numbers gets a free ticket. Two of five plus pb pays 20$. Maybe they should call it PonziBall. Big investments, promised returns.Red Devil

                                 
                                Page 7 of 10