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With new MM will some people buy 15 tickets hoping to get Powerball number?

Topic closed. 23 replies. Last post 3 years ago by GiveFive.

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Jon D's avatar - calotterylogo
Los Angeles, California
United States
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January 5, 2011
1530 Posts
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Posted: October 21, 2013, 6:22 pm - IP Logged

Hi everyone,

I'm wondering with the new MM matrix will some people buy 15 tickets (picking their own numbers) and make sure to play all 15 powerball numbers in the hope that at least they will win the 2 dollars and maybe think they have a better chance of winning something?

Yep, I think that's all part of the grand plan.

They could have gotten the same odds by going from 56/46 to 62/40 or something, but they chose 75/15 and diverted a lot of funds for the $1 9th prize to attract casual players. Side benefit is enticing power players to buy more combos with the 15 mega balls.

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    Kentucky
    United States
    Member #32652
    February 14, 2006
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    Posted: October 23, 2013, 3:41 pm - IP Logged

    That's still better than before when you had to buy 46 tickets to guarantee yourself at least a $2 win.

    15 lines covers every number with one of the 15 bonus numbers. When there was 46 bonus numbers, it took 31 more lines to get the same coverage. The payoffs are smaller, but any mathematics professor emeritus will tell us more coverage means more chances of hitting the jackpot.

      Jon D's avatar - calotterylogo
      Los Angeles, California
      United States
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      January 5, 2011
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      Posted: October 23, 2013, 7:24 pm - IP Logged

      And on the first MM draw of the new matrix, despite typical minimal sales of about $16M, two people managed to snag the 18M odds 5/5 2nd prize. I wonder if anyone's thinking, hmmm, if only I had played the same numbers with all 15 Mega balls, I'd have hit the Jackpot!

      That if only is key to getting people to open their wallets and plop down more money on extra lines and megaplier, etc. All part of the plan.

        Avatar
        NEW YORK
        United States
        Member #90535
        April 29, 2010
        11976 Posts
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        Posted: October 25, 2013, 2:17 pm - IP Logged

        Hi everyone,

        I'm wondering with the new MM matrix will some people buy 15 tickets (picking their own numbers) and make sure to play all 15 powerball numbers in the hope that at least they will win the 2 dollars and maybe think they have a better chance of winning something?

        I would play all 15 mega balls in one drawing, if the lottery choose as the only jackpot winner.

        US Flag

        PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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          Kentucky
          United States
          Member #80614
          October 1, 2009
          16 Posts
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          Posted: October 27, 2013, 9:34 am - IP Logged

          I may try this when the jackpot reaches $500 million or more. Otherwise, I'll stick to my $4/week for MM.

          I will quit playing the lottery, as soon as I break even.

            OldSchoolPa's avatar - Lottery-057.jpg
            Gurnee, Illinois
            United States
            Member #49731
            February 12, 2007
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            Posted: October 27, 2013, 11:37 am - IP Logged

            No more a fool than those who buy one ticket for 15 draws. You don't have to play every drawing. In fact, your chances of winning with Megaball are 100% if you buy 15 in 1 drawing, and only 64% if you buy 1 for 15 drawings.

            What's the difference between having the winning numbers on a playslip you didn't play because the jackpot was "too low" and being the "star of the moment" in name your state Mega Millions lottery press conference? Playing every drawing regardless of jackpot amount.  My thought is that the jackpot amount only matters to the person or persons who have the winning tickets. Otherwise, it truly does not matter. Now if you are on a fixed budget that does not allow you to play every drawing, then it might be better to just play once a week or identify certain habits like smoking, beer or coffee drinking or taking toll road when local route only adds less than 15 minutes to commute and throw that extra dollar saved to playing the lottery.  I would much rather cut out any habit that only costs me money than to cut habits that HAVE THE POTENTIAL TO CHANGE MY LIFE.  I am not banking on winning the lottery, but if it does happen, I will be ever grateful to having played every drawing.

            Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

            The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
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              April 28, 2009
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              Posted: October 27, 2013, 11:38 am - IP Logged

              Hi everyone,

              I'm wondering with the new MM matrix will some people buy 15 tickets (picking their own numbers) and make sure to play all 15 powerball numbers in the hope that at least they will win the 2 dollars and maybe think they have a better chance of winning something?

              I've actually tried that strategy 3 or 4 times with the Tennessee Cash game which has only 5 "Cash Balls." 

              Played all 5 "Cash Balls" and QP'd the rest.

              Nothing.

              And I mean NOTHING!

              You know that music the terminal plays when you win something?

              Well, when a clerk runs a Tennessee Cash playslip through the terminal, it plays a recording of The Dragon Lady cackling.

                LottoMetro's avatar - Lottery-024.jpg
                Happyland
                United States
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                September 1, 2013
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                Posted: October 27, 2013, 12:16 pm - IP Logged

                What's the difference between having the winning numbers on a playslip you didn't play because the jackpot was "too low" and being the "star of the moment" in name your state Mega Millions lottery press conference? Playing every drawing regardless of jackpot amount.  My thought is that the jackpot amount only matters to the person or persons who have the winning tickets. Otherwise, it truly does not matter. Now if you are on a fixed budget that does not allow you to play every drawing, then it might be better to just play once a week or identify certain habits like smoking, beer or coffee drinking or taking toll road when local route only adds less than 15 minutes to commute and throw that extra dollar saved to playing the lottery.  I would much rather cut out any habit that only costs me money than to cut habits that HAVE THE POTENTIAL TO CHANGE MY LIFE.  I am not banking on winning the lottery, but if it does happen, I will be ever grateful to having played every drawing.

                The winner is random so there are probably just as many "first timers" or those who rarely play as there are "faithful players." I play only when jackpot is high because in the absurdly astronomical unlikely to ever happen event that I DO win, I want it to be worth the time and money spent playing. Why waste money on such terrible odds unless the payoff is going to be really great??? People think that playing every draw somehow magically improves their chances of winning, but that couldn't be further from the truth. Your chances of winning the jackpot are higher playing all in 1 draw than it is playing over a series of draws. It is a very small insignificant difference for big games like Mega Millions and Powerball, but a difference that indeed exists.

                In the grand scheme of it all, none of this matters because everyone has their own playing style. This is what we call utility in economics. For some people they would be happy throwing away money just to win a few million. For others, usually the mathematically inclined like myself, they want to get the most for their money. But, given the odds, someone who plays more in fewer drawings versus fewer in more drawings has better chances of winning. That's math.

                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

                  GiveFive's avatar - Lottery-026.jpg
                  NY State
                  United States
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                  June 10, 2010
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                  Posted: October 29, 2013, 2:41 am - IP Logged

                  You do realize that if you match one of the 15 mega balls it only pays 1 dollar.  If you want a 2 dollar win you have to purchase the multiplier for an additional 1 dollar.  So you would be paying out 30 dollars for the chance to win 2 dollars.

                  You're correct, it only pays 1 dollar, but then if you happen to match three numbers in the other set drawn, then you'd win a nice prize. 

                  In my office pool, when we play PB, I cover as many of the 35 PB's as I can. (Sometimes we dont have enough people in the pool cover all 35 PB's.)  Last time we played, we won 4 bucks because we had the PB, but if we happened to have 3 white balls along with the red PB, then we'd have won $100. 

                  As for the four bucks we won, it's going to buy two additional lines the next time the pool plays PB.   We'd have to do the same thing if we won $100, but a win is nice and it gives the people in the pool hope.  Keep's 'em playin'......

                  About playing the lottery --  You will lose more than you win. Until you hit a jackpot.  Then everything changes!