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Will Powerball rollover?

Topic closed. 32 replies. Last post 4 years ago by RJOh.

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Will Powerball rollover?

Yes [ 13 ]  [65.00%]
No [ 7 ]  [35.00%]
Total Valid Votes [ 20 ]  
Discarded Votes [ 2 ]  
RJOh's avatar - chipmunk
mid-Ohio
United States
Member #9
March 24, 2001
19816 Posts
Offline
Posted: January 18, 2013, 11:46 am - IP Logged

RJOh, you are correct.  The current Powerball cash jackpot of $63.5 million is actually $0.5 million OVERfunded, based on expected sales of $36 million for Saturday (in addition to its actual total sales of $164 million for its first six jackpots in the current run), but they need to deduct a percentage of sales at times from the jackpot in order to replenish their set prize/guaranteed jackpot cash reserve.  If nobody wins Saturday, Wednesday's advertised jackpot will probably still increase by only $10 million to $110 million, like it has the last four runs that made it this far.

According to Lotto Report website the six rollovers since the last PB win generated $164M in sales which should have generated $52M cash for the jackpot.  If sales for Saturday drawing are at least $29M as they have been for the last two drawings, another $9M will be added to the cash amount which make it about on target for the projected cash value.

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

    Avatar
    Morrison, IL
    United States
    Member #4657
    May 13, 2004
    1884 Posts
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    Posted: January 20, 2013, 1:22 pm - IP Logged

    The estimated cash jackpot for the "guaranteed" $110 million advertised jackpot for Wednesday's draw is now $70.2 million, which is actually OVERfunded by an estimated $5 million, based on expected sales of $32 million for Wednesday, in addition to the total $202 million of the previous seven draws.  If it is not won Wednesday, it will probably finally rise by more than $10 million for Saturday.

    ---

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
      Member #9
      March 24, 2001
      19816 Posts
      Offline
      Posted: January 27, 2013, 12:37 pm - IP Logged

      Now that MM jackpot has reset to $12M, PB jackpot should climb a lot faster without the competition.

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