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Do you see PB jackpots of $300 mil plus a fluke going forward with California joining in soon?

Topic closed. 63 replies. Last post 4 years ago by KY Floyd.

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noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
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Posted: March 31, 2013, 12:16 pm - IP Logged

Considering that its been awhile since it got way up there on a consistent basis.Perhaps more States joining in will make huge jackpots a thing of the past or few & far between- what is your take on the matter?

    sully16's avatar - sharan
    Ringleader
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    Posted: March 31, 2013, 12:39 pm - IP Logged

    I think we'll see the jack pot grow really big, really fast.

     HyperBe Happy.

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      Kentucky
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      Posted: March 31, 2013, 1:28 pm - IP Logged

      Considering that its been awhile since it got way up there on a consistent basis.Perhaps more States joining in will make huge jackpots a thing of the past or few & far between- what is your take on the matter?

      "Considering that its been awhile since it got way up there on a consistent basis."

      There were only two $300 million jackpots after the ticket price doubled and California will be adding to the total number of ticket sales. The $300 million jackpots should be fewer and far between when the California ticket sales are added. We should see more $100 million jackpots.

      "Perhaps more States joining in will make huge jackpots a thing of the past or few & far between- what is your take on the matter?"

      Wyoming who is just getting started is the only other state lottery not in PB when California joins.

        whiteballz's avatar - Lottery-015.jpg
        Nutley, New Jersey
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        Posted: March 31, 2013, 1:46 pm - IP Logged

        Considering that its been awhile since it got way up there on a consistent basis.Perhaps more States joining in will make huge jackpots a thing of the past or few & far between- what is your take on the matter?

        "Perhaps more States joining in will make huge jackpots a thing of the past"

        huge jackpots will never be a thing of the past. If the jackpot keeps being won too often, the lottery officials can always change the matrix. They could go from 35 PB to 40 PB. Most casual lottery players know next to nothing about the lottery and they wouldn't notice the difference.

        .

          rdgrnr's avatar - walt
          Way back up in them dadgum hills, son!
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          Posted: March 31, 2013, 2:59 pm - IP Logged

          The jackpots will rise larger and faster on average but will be won before reaching stratospheric levels.

          Unless there is a matrix change.

          Which would suck.

            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
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            Posted: March 31, 2013, 2:59 pm - IP Logged

            I think there will be larger jackpots with PB & Mega Cali will add to PB increases & Florida will add to Mega. Can't wait for the FrenzyWink

            I Love Pink & Green 1908

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              Posted: April 1, 2013, 12:52 am - IP Logged

              How many states offer the game is mostly irrelevant. What really matters is the odds of the game. At 175 million to 1, there will be an average of one winning ticket for every 175 million tickets sold. Selling 175 million tickets results in a cash jackpot of about  $112 million, or about $180 million advertised.

              Adding more players to the game will result in selling more tickets for each drawing, so the odds of a winner for the 7th, 8th, and 9th drawing of each run will be higher than in the past, but the jackpots will increase faster than they used to. Once the jackpots get  up there the extra 30 million potential players will mean even bigger jumps when it rolls.

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                Kentucky
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                Posted: April 1, 2013, 11:32 am - IP Logged

                How many states offer the game is mostly irrelevant. What really matters is the odds of the game. At 175 million to 1, there will be an average of one winning ticket for every 175 million tickets sold. Selling 175 million tickets results in a cash jackpot of about  $112 million, or about $180 million advertised.

                Adding more players to the game will result in selling more tickets for each drawing, so the odds of a winner for the 7th, 8th, and 9th drawing of each run will be higher than in the past, but the jackpots will increase faster than they used to. Once the jackpots get  up there the extra 30 million potential players will mean even bigger jumps when it rolls.

                On average, the NY MM and PB players wager about the same amount on both games and can be used for a model. California's ticket sales for MM average about 2.7 million for the beginning $12 million jackpot. If their PB play is about the same so the PB sales should increase by about the same amount.  PB had $56.5 million in ticket sales total when the last $50 million jackpot was won so the addition of California should lessen the losses when a $40 million jackpot is won or even show a small profit. 

                "Once the jackpots get  up there the extra 30 million potential players will mean even bigger jumps when it rolls."

                Californians spent $7.2 million on the $120 million 9/11/2012 MM jackpot and another $7.6 million on the $118 million 5/12/2012 drawing. When MM had their record run a year ago, Californians wagered over $200 million just on the last three drawings alone. If and when PB reaches a $200 million jackpot, it might not be an extra $30 million, but it will be at least $30 million wagered in that state based on their previous MM sales figures. If the jackpot reaches $300 million is when we'll see the huge increases in wagering.

                The potential is there for over a $700 million PB jackpot with California in the game. They wagered $5.1 million on the $12 million jackpot the drawing after $650 million was won.

                  noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
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                  Posted: April 1, 2013, 11:48 am - IP Logged

                  On average, the NY MM and PB players wager about the same amount on both games and can be used for a model. California's ticket sales for MM average about 2.7 million for the beginning $12 million jackpot. If their PB play is about the same so the PB sales should increase by about the same amount.  PB had $56.5 million in ticket sales total when the last $50 million jackpot was won so the addition of California should lessen the losses when a $40 million jackpot is won or even show a small profit. 

                  "Once the jackpots get  up there the extra 30 million potential players will mean even bigger jumps when it rolls."

                  Californians spent $7.2 million on the $120 million 9/11/2012 MM jackpot and another $7.6 million on the $118 million 5/12/2012 drawing. When MM had their record run a year ago, Californians wagered over $200 million just on the last three drawings alone. If and when PB reaches a $200 million jackpot, it might not be an extra $30 million, but it will be at least $30 million wagered in that state based on their previous MM sales figures. If the jackpot reaches $300 million is when we'll see the huge increases in wagering.

                  The potential is there for over a $700 million PB jackpot with California in the game. They wagered $5.1 million on the $12 million jackpot the drawing after $650 million was won.

                  Impressive research Stack .Hope it turns out the way you see it.
                  Party


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                    Posted: April 1, 2013, 11:52 am - IP Logged

                    Considering that its been awhile since it got way up there on a consistent basis.Perhaps more States joining in will make huge jackpots a thing of the past or few & far between- what is your take on the matter?

                    We will have MUCH larger jackpots when interest rates rise.


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                      Posted: April 1, 2013, 11:55 am - IP Logged

                      How many states offer the game is mostly irrelevant. What really matters is the odds of the game. At 175 million to 1, there will be an average of one winning ticket for every 175 million tickets sold. Selling 175 million tickets results in a cash jackpot of about  $112 million, or about $180 million advertised.

                      Adding more players to the game will result in selling more tickets for each drawing, so the odds of a winner for the 7th, 8th, and 9th drawing of each run will be higher than in the past, but the jackpots will increase faster than they used to. Once the jackpots get  up there the extra 30 million potential players will mean even bigger jumps when it rolls.

                      The odds are mostly irrelevant.  What matters is how many people play.


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                        Posted: April 1, 2013, 11:55 am - IP Logged

                        Impressive research Stack .Hope it turns out the way you see it.
                        Party

                        I Agree! Nice work.

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                          Posted: April 1, 2013, 12:15 pm - IP Logged

                          i think normal jackpot  should be in 200s range long term

                          300 and above are more rare

                          i know pb lottery people when they changed game to 2 bucks

                          they was thinkin the average jackpot range would be in 200s range

                           

                          as in u have a few low winners, and a few high winners,  but  year atfer year, around 200s

                           

                          or this could happen


                          Wednesday, December 26, 2012
                          11 · 13 · 23 · 43 · 54    04$50 Million
                          Saturday, December 22, 201201 · 18 · 35 · 39 · 44    11$40 Million
                          Wednesday, December 19, 201205 · 08 · 20 · 23 · 30    03$50 Million
                          Saturday, December 15, 201215 · 23 · 40 · 44 · 55    14$40 Million
                          Wednesday, December 12, 201208 · 10 · 25 · 36 · 44    28$50 Million
                          Saturday, December 08, 201207 · 23 · 26 · 40 · 53    21$40 Million
                          Wednesday, December 05, 201213 · 17 · 19 · 27 · 38    12$50 Million
                          Saturday, December 01, 201203 · 10 · 19 · 36 · 46    03$40 Million

                          last december was winner month for vets who always play rofl.

                          ofc that destroys the average , so any thing could happen.

                          No bees, no honey.

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                            Posted: April 1, 2013, 12:31 pm - IP Logged

                            Could also mean the Jackpot stays down low because of more people playing. We will have to wait and see how big of a spender Californa is.

                            2016 Won/Lost

                            EuroMillions / Spent: £22 / Won £0 / Total -£22

                            UK Lotto / Spent: £4 / Won: £0 / Total: -£4

                            2016 Total: -£24

                            Jan: -£22 Feb: £0 ~ Mar: £0 ~ April: £0 ~ May: £0 ~ June: £0 ~ July: £2

                             

                            EuroMillions = £2 Line / Played: x11 [old price] 

                            EuroMillions = £2.50 Line / Played: x0

                            UK Lotto = £2 Line / Played x2

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                              Posted: April 1, 2013, 7:01 pm - IP Logged

                              "Perhaps more States joining in will make huge jackpots a thing of the past"

                              huge jackpots will never be a thing of the past. If the jackpot keeps being won too often, the lottery officials can always change the matrix. They could go from 35 PB to 40 PB. Most casual lottery players know next to nothing about the lottery and they wouldn't notice the difference.

                              Yea, thats the way I see it.

                              Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.