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Why would MM risk losing people/money with new matrix?

Topic closed. 31 replies. Last post 3 years ago by KY Floyd.

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Posted: September 8, 2013, 3:08 pm - IP Logged

Why would MM risk losing people/money with the new matrix in October?  More numbers to pick and higher odds of winning the jackpot, mmmmmmmm.

    mightwin's avatar - questns

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    Posted: September 8, 2013, 4:12 pm - IP Logged

    people are still going to play and when the jackpot reaches 300 million + , people are going to throw the same money at it as usual, heck we probably will see a billion dollar jackpot sooner than later

      helpmewin's avatar - dandy
      u$a
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      Posted: September 8, 2013, 4:30 pm - IP Logged

      I Agree!  i am still gonna play

        LottoMetro's avatar - Lottery-024.jpg
        Happyland
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        Posted: September 8, 2013, 4:37 pm - IP Logged

        Why would MM risk losing people/money with the new matrix in October?  More numbers to pick and higher odds of winning the jackpot, mmmmmmmm.

        Because the lottery is increasing prizes while improving the odds of winning lower prizes. I too think eventually we will see a billion dollar jackpot. It would take 26 consecutive drawings of $100 million in sales each before we would be guaranteed of a winner.

        If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
        If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

        2016: -48.28% (13 tickets) ||
        P&L % = Total Win($)/Total Wager($) - 1

          TooTallLuke's avatar - img 8jc7G2.jpg
          Ontario
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          December 31, 2012
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          Posted: September 8, 2013, 4:44 pm - IP Logged

          I read an article awhile back that normal player numbers a very low until jackpots get up into the 100 millions. Once they start getting up around 300 400 million player numbers go thru the roof. When Powerball and Mega millions Jackpot went over $500,000,000 people were lined up for hours for a chance to buy tickets, and some of those people were spending thousands of dollars for a chance to win such a large jackpot. If Mega Millions new matrix (256,000,000/1) causes the jackpot to go up to $1,000,000,000 people will just go stupid.

          I'll still play my 1 ticket because it only takes 1 to win and I'm hoping my ticket will be the one! Smile

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            Posted: September 8, 2013, 5:29 pm - IP Logged

            I guess that makes sense to wait until the jackpot is very high to play, or just play with less $$$ until the jackpot is very high.  mmmmmmmm, I guess

            it would be nice to create a lottery that created more wealth for more people and not less.

              maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
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              Posted: September 8, 2013, 5:34 pm - IP Logged

              TBH I will be forced to play. How? well I have season tickets for 2013 and since they would not give me a refund, they basically told me I'd have to change my Mega ball because it was 45. I think I won't renew the season tickets when this set expires.

              That money's gone fo ever

                noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                Bay Area - California
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                Posted: September 8, 2013, 5:49 pm - IP Logged

                Why would MM risk losing people/money with the new matrix in October?  More numbers to pick and higher odds of winning the jackpot, mmmmmmmm.

                Because frankly they can get away with it. Sure you going to get people who will quit playing MM, but they look at Powerball and see that the odds did not change- their's will but they counting on people not " looking at it" they see that the price doubled for PB- theirs will not.People are still playing the game and finally they know that when the jackpot increases- people play.

                They hoping people will go with the " I could be the next Millionaire" so why not put down a buck?

                  RJOh's avatar - chipmunk
                  mid-Ohio
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                  Posted: September 8, 2013, 6:00 pm - IP Logged

                  Why would MM risk losing people/money with the new matrix in October?  More numbers to pick and higher odds of winning the jackpot, mmmmmmmm.

                  The same question was asked when PB increased it prices.  You see what happen?  Players started spending more money on PB when its jackpot got larger and less on MM.  MM change just reflect the realities of lottery playing.  All those players who said they would never buy another PB tickets for $2 were liars.

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

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                    Posted: September 8, 2013, 6:02 pm - IP Logged

                    Do you remember if the odds changed when PB changed it's price to 2.00?

                      Win$500Quick's avatar - Lottery-050.jpg
                      Florida
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                      Posted: September 8, 2013, 6:42 pm - IP Logged

                      GREED!

                      Guess Who's Back?

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                        Zeta Reticuli Star System
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                        Posted: September 8, 2013, 7:17 pm - IP Logged

                        bigbear,

                        We've had polls here on the board about how big would a matrix be before you stopped playing and some people said there's no way they'd stop. They also said the same to a similar poll about ticket prices. In fact, many here "swore off" of Powerball when it went to $2 and $3 but got lured back in with big jackpots. Those who run the lotteries know these thingsl this all too well.

                        To paraphrase Field of Dreams, the lottery thinking is, "If you offer it they will play".

                        There also seems to be a trend with lotteries going after players who aren't quite as well informed as players on this board are.

                        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.

                          maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
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                          Posted: September 8, 2013, 7:51 pm - IP Logged

                          GREED!

                          How true.

                          That money's gone fo ever

                            Tatototman65's avatar - Lottery-009.jpg

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                            February 4, 2013
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                            Posted: September 8, 2013, 8:37 pm - IP Logged

                            I'm one of the few who say 'boycott' and mean it. I've boycotted PB and have already boycotted MM.

                            Smile

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                              Whiskey Island
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                              Posted: September 8, 2013, 8:45 pm - IP Logged

                              Their goes all our Methods and Etc. out the Window for Tracking game !

                              Once the Matrix is changed our old Methods is History .