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California joins the Sand Box

Topic closed. 23 replies. Last post 4 years ago by Original Bey.

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How many 500m plus jackpots do you predict for PB in 2013?

0 [ 0 ]  [0.00%]
1 [ 7 ]  [30.43%]
2 [ 6 ]  [26.09%]
3 [ 9 ]  [39.13%]
4 [ 1 ]  [4.35%]
5 [ 0 ]  [0.00%]
Other (Please specify) [ 0 ]  [0.00%]
Total Valid Votes [ 23 ]  
Discarded Votes [ 1 ]  
Original Bey's avatar - Lottery-022.jpg

Bahamas
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Posted: November 29, 2012, 10:18 pm - IP Logged

To suggest that there are mixed feelings about this long anticipated announcment is an understatement. I think we can all agree though that jackpots will rollover even higher and faster with the most highly poulated state in the union joining the game.

 

What are your predictions in this regard?

"Everything works  ONCE!"

    rcbbuckeye's avatar - Lottery-043.jpg
    Texas
    United States
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    October 23, 2007
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    Posted: November 29, 2012, 10:26 pm - IP Logged

    Cant really predict what jackpots will be. Look how long it took for PB to finally have a big jackpot, after raising the price. Jackpots may indeed rollover higher and faster with CA in the fold, but....with more people playing it's also possible that there will be jackpots won more frequently also. I remember earlier this year when PB was getting hit before even getting close to $100 mil, and people were wondering when the big jackpots were gonna happen because of the price increase.

    CAN'T WIN IF YOU'RE NOT IN

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      RJOh's avatar - chipmunk
      mid-Ohio
      United States
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      March 24, 2001
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      Posted: November 30, 2012, 12:44 am - IP Logged

      Some folk think Californians are smarter lottery players than those in the rest of the country which may explain why they win MegaMillions more often.  If that's true then PowerBall may regret the day they added them since PB don't start making money until after the jackpot reaches $100M.

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


        United States
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        March 14, 2012
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        Posted: November 30, 2012, 1:30 am - IP Logged

        Some folk think Californians are smarter lottery players than those in the rest of the country which may explain why they win MegaMillions more often.  If that's true then PowerBall may regret the day they added them since PB don't start making money until after the jackpot reaches $100M.

        Green laugh

        I Agree!

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          United States
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          November 29, 2012
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          Posted: November 30, 2012, 2:44 am - IP Logged

          Considering the $325 million jackpot on this series only sold about 70 million tickets and that level was usually seen in Mega at the lower $2xx million jackpot range (using Mega since it has similar 175 million to 1 odds), it could easily roll over to $400+ (and subsequently $500 million when the frenzy of ticket buying takes hold) at least twice a year on a regular basis. In fact, it's probably more likely than that given MM was typically hit soon afterwards (at $1 = 1 ticket). At 70 million tickets, there's still 6x% chance of a rollover. I'd say 3 at minimum and likely 4 or more.

           Actually, ~85 million was the typical level of ticket sales once Powerball hit ~$320 million jackpot in our small sample of this year (prior to this run up), which is in the lower 60% rollover probability.

          Further, this buildup took 8 weeks; with California I think rather than low $300 million as a jackpot amount it will end up being $350-39x million. With only 52 weeks in a year, the maximum times it could reach $500M+ would be 6 per year. So I went with 4.

          Of course, this depends on our belief that the lottery is random :D and doesn't go on a some freaky streak like Powerball did prior to 2012 where the jackpot didn't even touch $300+ million for many many years (even during the period of 195 million to 1 odds)


            United States
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            July 25, 2012
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            Posted: November 30, 2012, 8:56 am - IP Logged

            To suggest that there are mixed feelings about this long anticipated announcment is an understatement. I think we can all agree though that jackpots will rollover even higher and faster with the most highly poulated state in the union joining the game.

             

            What are your predictions in this regard?

            I dont know.... Im thinking at first for the first year maybe it will not roll past maybe 100 million.....because of all of the people playing in Ca......Cause I think and I hate to say this I believe they meaning lottery officals can push the rollover to increase tickets sales....They get more press and more players when the jackpots are higher.....so to induce that kind of coverage.....I'm thinking large jackpots are going to be more sporadic...

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
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              Posted: November 30, 2012, 9:59 am - IP Logged

              Powerball in California...

              I can't think of anything that would make Californians happier...

              Except maybe Governor Moonbeam and Linda Ronstadt getting back together.

                helpmewin's avatar - dandy
                u$a
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                February 22, 2011
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                Posted: November 30, 2012, 12:07 pm - IP Logged

                Powerball in California...

                I can't think of anything that would make Californians happier...

                Except maybe Governor Moonbeam and Linda Ronstadt getting back together.

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                Let it Snow Snowman

                  psykomo's avatar - animal shark.jpg

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                  Posted: November 30, 2012, 2:55 pm - IP Logged

                  Big Grin Santa

                  HMW:

                  Big Grin Santa merry xmas>>>>>>^^^^Big Grin AngelBig Grin SantaBig Grin Angel^^^^NoelJack-in-the-BoxNoel>>>>!!!

                       note:

                       Calie has ALOTTO buying POWER>>LOL 2U>>HMW>>>>>>!!

                                                               Jack-in-the-Box

                    helpmewin's avatar - dandy
                    u$a
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                    Posted: November 30, 2012, 3:18 pm - IP Logged

                    HMW:

                    Big Grin Santa merry xmas>>>>>>^^^^Big Grin AngelBig Grin SantaBig Grin Angel^^^^NoelJack-in-the-BoxNoel>>>>!!!

                         note:

                         Calie has ALOTTO buying POWER>>LOL 2U>>HMW>>>>>>!!

                                                                 Jack-in-the-Box

                    Merry ChristmasNoelpsykomo

                    Let it Snow Snowman

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                      Columbia, SC
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                      November 21, 2012
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                      Posted: December 1, 2012, 10:58 pm - IP Logged

                      I'm hoping that with California on board, the increased ticket sales will generate more (and quicker) lottery winners......

                        ashabug725's avatar - Yavill
                        Indiana
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                        February 9, 2012
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                        Posted: December 5, 2012, 3:43 pm - IP Logged

                        I'm hoping that with California on board, the increased ticket sales will generate more (and quicker) lottery winners......

                        Me too...

                        I wish I may, I wish I might...
                                   Win the Powerball jackpot THIS big night!!!

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                          NEW YORK
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                          April 29, 2010
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                          Posted: December 5, 2012, 8:44 pm - IP Logged

                          Cant really predict what jackpots will be. Look how long it took for PB to finally have a big jackpot, after raising the price. Jackpots may indeed rollover higher and faster with CA in the fold, but....with more people playing it's also possible that there will be jackpots won more frequently also. I remember earlier this year when PB was getting hit before even getting close to $100 mil, and people were wondering when the big jackpots were gonna happen because of the price increase.

                          It will be party time for California. I see a matrix change in the workings.

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                          PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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                            NEW YORK
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                            Posted: December 5, 2012, 8:46 pm - IP Logged

                            I'm hoping that with California on board, the increased ticket sales will generate more (and quicker) lottery winners......

                            I would like to see a lottery game with a $100M starting jackpot.

                            US Flag

                            PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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                              NEW YORK
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                              Posted: December 5, 2012, 8:49 pm - IP Logged

                              Powerball in California...

                              I can't think of anything that would make Californians happier...

                              Except maybe Governor Moonbeam and Linda Ronstadt getting back together.

                              Yes indeed Californians will be happy to spend money on Powerball.

                              US Flag

                              PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!