|Posted: May 15, 2012, 3:14 pm - IP Logged|
I would rather buy 2 of SM for $1m-1:3.8m than 1 of PB for $2 1:5.1m. I get 4 of Lotto for $2; and jp is now $10.5m in NY. Consider, if both PB and MM are say $80m, which would you buy $10 of?
How much they could have won is generally an afterthought by players that normally don't use Powerplay or Megaplier. The player in Arizona who bought 6 $2 PB tickets could have won $2 million more betting the same amount ($12) using Powerplay. Anyone can justify why they didn't use Powerplay, but when the results were know, it still cost them $2 million.
"Consider, if both PB and MM are say $80m, which would you buy $10 of?"
10 MM tickets will give you a 25% chance of winning something which will probably be $2 or $3 dollars. The same $10 will give you a 15.7% of winning something in PB; probably $4. Since 10 chances of winning $80 million is better than 5 and the cash value of MM is higher, if given only one choice, I'd play MM.