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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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United States
Member #124493
March 14, 2012
7023 Posts
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Posted: September 11, 2013, 1:07 am - IP Logged

Thanks for the clarification. There was a 191 million tickets sold for the previous advertised $363 million jackpot drawing. I believe that is the record for the most wagered on one drawing without the jackpot being won.

Using that as a yard stick and the unlikely chance of 652 million in ticket sales not producing a jackpot winner, the next drawing would be over $1 billion. Only time will tell if it's possible for the new 5/75 + 1/15 to reach $1 billion.

Not if "Real" lottery players team up, to form some sort of "Voltronic" entity.

The carpet hopefully will be able to be pulled out from under "their" feet.

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    NY
    United States
    Member #23835
    October 16, 2005
    3474 Posts
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    Posted: September 11, 2013, 2:45 pm - IP Logged

    "My guess is that MM will eventually do exactly what PB did - reduce the odds and double the ticket price."

    I Agree!

    What better way is there to justify raising the ticket price in the future than raise the odds, complain about poor sales and lower the odds and raise the price. Do you think their long term plan is to raise the ticket price to $3?

    I think all of their plans involve getting as much money out of players as they can.  I feel confident in promising that they'll raise the price to $3 or more, but I'm sure it will be several years before it happens. The "$1 is worth less than it used to be, and all prices rise" argument is BS, because it's a simple equation of balancing prizes with the odds, but the cost of the things that are funded by the lottery continue to rise.

    Assuming PB and MM are still around in another 25 years the tickets will probably cost $5 or even $10. To be completely fair, advertising a jackpot of $250, $400 or $500 milion won't have the same power it does today, so they'll need truly enormous numbers to drive the really big sales.