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Just bought MM quickpick, not knowing odds got even more absurd

Topic closed. 13 replies. Last post 3 years ago by JoshUK.

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United States
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October 10, 2007
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Posted: December 13, 2013, 3:30 pm - IP Logged

Looked at my quickpick and saw large numbers and thought their was a computer error. I haven't bought MM in a while so I didn't know the numbers changed. What are they thinking? The odds were already absurd - 1 in 175 million. Impossible but within the realm of enjoying a brief dream for fun once in a while. But now the odds are an amazing 1 in 256,000,000. Wow that's not even worth dreaming about.

Even the 2nd prize odds have worsened to 1 in 25,000,000.

My Texas state lotto has a game that frequently crosses the $1 million mark with jackpot odds of 1 in 1,800,000.  That is 7% of MM's odds. Substantially better than trying for 2nd prize in MM.

I don't see how this will benefit MM long term as more people learn the news via quickpicks for this current jackpot. Long term, I see less people buying MM.

And has the cash option percentage gotten smaller in MM? It is just about 55% of the jackpot right now. A $billion jackpot might have a relatively small cash option.

In the meantime, I've got my loser ticket for now but it will be the last.

    haymaker's avatar - Lottery-012.jpg
    Egg Harbor twp.south Jersey shore
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    June 29, 2011
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    Posted: December 13, 2013, 3:35 pm - IP Logged

    You're not the only one that did'nt know it,

    I was watching the news out of Philly and the 11.00 am anchor said the odds of winning were 1 in 175 MILS.

    I guess he doesn't play or doesn't care.

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

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
      United States
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      January 17, 2006
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      Posted: December 13, 2013, 5:14 pm - IP Logged

      The 2nd prize odds are 5 White No Mega 1 in 18,492,203.57     

      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.

        gnozahs's avatar - Lottery-029.jpg
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        November 17, 2013
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        Posted: December 13, 2013, 5:29 pm - IP Logged

        Which is why I am not dumping my money into the MM even though it's at $425 mill.

          Coin Toss's avatar - shape barbed.jpg
          Zeta Reticuli Star System
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          Posted: December 13, 2013, 5:40 pm - IP Logged

          haymaker,

          The Dec 12 Detroit News on the internet says Lower odds lead to bigger jackpot.

          I think it's a typo as the LA Times says longer odds.

          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.

            SaintAndiesPl's avatar - animal butterfly.jpg
            Yonkers, NY
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            May 10, 2012
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            Posted: December 13, 2013, 6:32 pm - IP Logged

            The odds were insane before... yes it's more insane now but all in all.. it's no more different than before... I just played 2 tickets... I might play 10 bucks worth if no one wins this time...Hyper

            It Takes More Than a Dollar and a Dream :)

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
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              April 28, 2009
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              Posted: December 13, 2013, 6:44 pm - IP Logged

              haymaker,

              The Dec 12 Detroit News on the internet says Lower odds lead to bigger jackpot.

              I think it's a typo as the LA Times says longer odds.

              They should call them further odds and closer odds so we know what they're talking about.

              Thicker and thinner odds would be ok too.

              And maybe faster and slower odds.

              Even hotter odds and colder odds might be ok.

              But hemorr odds would  be ridiculous.

              So let's not even go there.

                psykomo's avatar - animal shark.jpg

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                May 30, 2004
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                Posted: December 13, 2013, 8:26 pm - IP Logged

                mask:

                Don't worry Thinking of..."YOU" got 2 read the rules to find out what's in "IT"  Thumbs Up

                Don't worry<When the jackpot gits over $400 million> "YOU" gotta go with D big "SUCK" Puke

                 

                Just sum fine quotes from UR speaker of D LP house from the honorable DancePSYKO Dance

                  ohiopick3's avatar - Lottery-063.jpg
                  Ohio
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                  December 14, 2003
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                  Posted: December 13, 2013, 8:42 pm - IP Logged

                  Remember, this is a "Jackpot" game. It's all "Luck" when it comes down to it.

                  The odds, yes, extreme. "It can roll to our Earth blows up."But, It's a Jackpot game and luck is all it is to win.

                  So play it or do not, because it has the "You never know factor" and that factor happens to some people some times?

                  Lot more 5 of 5's without the MB than I expected so far. Makes you wonder just a little bit on how to play the M-ball? Can't play'em all with your set. But, I'm sure some people do that, just in case now or always were doing that?

                    tomlarson2009's avatar - animal doggy2.jpg
                    Addison, IL
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                    Posted: December 13, 2013, 8:45 pm - IP Logged

                    Bad or good odds there will be a winner, the only question is how big the jackpot will get before it's all over.

                      CowboysFan's avatar - Cowboys
                      Sunny California
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                      August 8, 2008
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                      Posted: December 14, 2013, 12:25 am - IP Logged

                      I bought my first Mega Million ticket tonight since the change and the first number was 47.  That will be my last mega million ticket for a while.

                        Saylorgirl's avatar - Lottery-065.jpg
                        Indiana
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                        June 13, 2012
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                        Posted: December 14, 2013, 7:29 pm - IP Logged

                        I bought my first Mega Million ticket tonight since the change and the first number was 47.  That will be my last mega million ticket for a while.

                        The numbers from the November 8th draw were 41 - 42 - 51 - 57 - 65  + 7

                          rcbbuckeye's avatar - Lottery-043.jpg
                          Texas
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                          October 23, 2007
                          5770 Posts
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                          Posted: December 15, 2013, 9:23 am - IP Logged

                          Looked at my quickpick and saw large numbers and thought their was a computer error. I haven't bought MM in a while so I didn't know the numbers changed. What are they thinking? The odds were already absurd - 1 in 175 million. Impossible but within the realm of enjoying a brief dream for fun once in a while. But now the odds are an amazing 1 in 256,000,000. Wow that's not even worth dreaming about.

                          Even the 2nd prize odds have worsened to 1 in 25,000,000.

                          My Texas state lotto has a game that frequently crosses the $1 million mark with jackpot odds of 1 in 1,800,000.  That is 7% of MM's odds. Substantially better than trying for 2nd prize in MM.

                          I don't see how this will benefit MM long term as more people learn the news via quickpicks for this current jackpot. Long term, I see less people buying MM.

                          And has the cash option percentage gotten smaller in MM? It is just about 55% of the jackpot right now. A $billion jackpot might have a relatively small cash option.

                          In the meantime, I've got my loser ticket for now but it will be the last.

                          Yes the odds are high. Buy ONE ticket. You are in the game. Risk is $1. You spend more than that on cigs, booze, pot, dope, whatever else.

                          BTW, the odds on Texas Lotto are 1 in 25,827,165. It's just as hard to hit that baby as the other games. Even the Cash 5 game is hard to hit. So, don't get so uptight about the odds. ALL the games are hard to hit, and you very most likely are going to spend more than you win. Just have fun with it.

                          CAN'T WIN IF YOU'RE NOT IN

                          A DOLLAR AND A DREAM (OR $2)

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                            London
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                            March 24, 2013
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                            Posted: December 15, 2013, 9:34 am - IP Logged

                            Crazy odds eh? I would still buy a ticket or two tho, I guess I am a sucker for huge JP's.

                            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