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Mega Millions - No Winner, JP Stays At $12M

Topic closed. 56 replies. Last post 4 years ago by Stack47.

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United States
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September 7, 2011
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Posted: December 20, 2012, 11:27 am - IP Logged

I guess Mega Millions has no guaranteed minimum rollovers like Powerball does.  Up until this year, I thought Mega Millions had to increase by at least $2 million for every draw there is no winner.  To compete with Powerball, and taking into consideration Mega Millions' annuity is paid in equal installments, as opposed to the graduated installments Powerball pays, in addition to its $1 ticket price, as opposed to Powerball's $2 ticket price, Mega Millions should up its opening jackpot to $16 million, with minimum increases of $4 million.

So your saying they are a bunch of sand baggers over there at MM........What?


    United States
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    Posted: December 20, 2012, 11:28 am - IP Logged

    I guess Mega Millions has no guaranteed minimum rollovers like Powerball does.  Up until this year, I thought Mega Millions had to increase by at least $2 million for every draw there is no winner.  To compete with Powerball, and taking into consideration Mega Millions' annuity is paid in equal installments, as opposed to the graduated installments Powerball pays, in addition to its $1 ticket price, as opposed to Powerball's $2 ticket price, Mega Millions should up its opening jackpot to $16 million, with minimum increases of $4 million.

    I Agree! Time to make some changes and give us more booty............Patriot

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
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      Posted: December 20, 2012, 11:59 am - IP Logged

      So your saying they are a bunch of sand baggers over there at MM........What?

      Keeping jackpot sizes and payout within 50% of ticket sales is the only way to make money with a lottery.

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

        ttech10's avatar - blobdude
        Texas
        United States
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        Posted: December 20, 2012, 12:00 pm - IP Logged

        I'm not a fan of this, but I would take a $12M win in a heartbeat. All a lower amount means to me is that I can't share with family as much as I'd want and I can't blow more on things I really don't need.


          United States
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          Posted: December 20, 2012, 12:07 pm - IP Logged

          I'm not a fan of this, but I would take a $12M win in a heartbeat. All a lower amount means to me is that I can't share with family as much as I'd want and I can't blow more on things I really don't need.

          MM is a thinking mans game. Get BETTER ODDS, play more line, use self picks and wheels.


            United States
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            Posted: December 20, 2012, 12:08 pm - IP Logged

            PB is for people who want to throw down $10. buck on a wild shot in the dark.......


              United States
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              May 25, 2011
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              Posted: December 20, 2012, 12:37 pm - IP Logged

              PB is for people who want to throw down $10. buck on a wild shot in the dark.......

              I like the dark, and I enjoy the thrill of a wild shot.

              Where else can you find such excitement for a crummy $10.  What?

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                Morrison, IL
                United States
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                May 13, 2004
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                Posted: December 20, 2012, 9:49 pm - IP Logged

                Usually when lotteries have a minimum rollover and sales are less than the rollovers , they don't last long before something changes.  Ohio Super Lotto once had a $2M minimum rollover amount and when neighboring state got PB and MM and out of state players stop playing their game, it was replaced with a new and improved game Lot'O Play that had smaller rollovers and smaller jackpots.  That game was later replaced with Classic Lotto.

                I'm surprised PB hasn't made some changes to its minimum rollover amount, maybe they don't want to admit a mistake or the states are making up the difference.

                Maybe PB is counting on California to finally justify its minimum rollover amount.  I'll bet even WITH California in the game, PB will still keep its current format; all it will do is just decrease the number of rolls it takes for PB jackpots to break out of the "guaranteed" label.

                ---

                  RJOh's avatar - chipmunk
                  mid-Ohio
                  United States
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                  Posted: December 21, 2012, 10:43 am - IP Logged

                  Maybe PB is counting on California to finally justify its minimum rollover amount.  I'll bet even WITH California in the game, PB will still keep its current format; all it will do is just decrease the number of rolls it takes for PB jackpots to break out of the "guaranteed" label.

                  If they think it's being won too often to be profitable, it would be a good time to justify making changes.

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

                    Avatar
                    NEW YORK
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                    April 29, 2010
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                    Posted: December 21, 2012, 4:29 pm - IP Logged

                    Never saw this before:

                    Detailed results for drawing dated: 12/18/2012.

                    [1][6][7][18][29]Mega Ball  =[16]
                    5      +      10$12,000,000

                    5      +      09$250,000
                    4      +      135$10,000
                    4      +      01,718$150
                    3      +      11,466$150
                    2      +      119,863$10
                    3      +      070,060$7
                    1      +      1105,684$3
                    0      +      1182,820$2
                    Winning Tickets From 12/18/2012 Were Sold:
                    Match 5 + 0: Winners in Arizona(1), California
                    (2), Maryland(1), Michigan(2), New Jersey(1),
                    New York(1) and Wisconsin(1).

                    Estimated Jackpot for 12/21/2012 : $12,000,000.00

                    They did not have enough suckers playing to push the jackpot higher. We can say that those days are over.

                    It is time for a lottery game with a $100M starting jackpot. I might play for a $12M jackpot when they allow us to play all lottery games through the Internet. No subscriptions.

                    US Flag

                    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                      Coin Toss's avatar - shape barbed.jpg
                      Zeta Reticuli Star System
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                      January 17, 2006
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                      Posted: December 21, 2012, 6:13 pm - IP Logged

                      I'm very curious to see what happens tonight.

                      All birthday numbers again?

                      No winner, no rollover? That would create a lot of distrust for the game.

                      If there is no winner, how much rollover? From $12M to $13M again? It used to go from $12M to $15 or $16M.

                      We shall see.

                      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.

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                        Kentucky
                        United States
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                        February 14, 2006
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                        Posted: December 21, 2012, 7:26 pm - IP Logged

                        Perhaps fewer people buy tickets right before the holiday??

                        That's makes too much sense, Ronnie. The sales were down about $2 million for the average starting $12 million jackpot, but knowing that spoils a good conspiracy theory.