Poll: Next round of jackpot frenzyPrev Topic Next Topic

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Which game will create the next jackpot frenzy?

Mega Millions

[ 22 ]

[ 61.1% ]

Power Ball

[ 13 ]

[ 36.1% ]

A State Pick 6

[ 0 ]

[ 0.0% ]

A foreign game

[ 0 ]

[ 0.0% ]

A game not yet available

[ 1 ]

[ 2.8% ]

Other

[ 0 ]

[ 0.0% ]

Total valid votes

[ 36 ]

Discarded votes

[ 2 ]

SaintAndiesPl

Yonkers, NY
United States
Member #127,822
May 10, 2012
129 Posts
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Dec 20, 2013, 3:48 pm

Quote: Originally posted by jjtheprince on Dec 19, 2013
Yep, I almost guarantee you it would have rolled again if the numbers drawn would have been 51-56-61-65-74 MB: 15 for example.

Yep.. even if one of the numbers were a high one like the numbers you posted.. it may have been a different outcome.. Let me not say that... I bet the new winners would not want to hear that lol

It Takes More Than a Dollar and a Dream :)
Toronto

United States
Member #135,796
November 29, 2012
424 Posts
Offline

Dec 22, 2013, 12:41 am

Quote: Originally posted by ryanm on Dec 19, 2013
PB sales are so healthy, heck, there's a slight possibility next Wednesday's jackpot may be higher than $70 million!!

Good call. Leading up to the $400+ mega jackpots, sales for PB were very poor, but it lucked out in timing with the reset. Sales in the first couple of drawings benefited from the extra store traffic - people buying both games, or ignorant people buying powerball tickets instead of mega. Now that the headline jackpot is above mega, it should stay strong.
ryanm

Morrison, IL
United States
Member #4,657
May 13, 2004
1,885 Posts
Offline

Dec 22, 2013, 12:58 am

Yep. PB jackpot is now at $74 million. That is a three roll record!! I guess Powerball's set prize / guaranteed jackpot reserve is finally full as well, as the cash jackpot seems to be reflecting ~32% of sales, per the rules.

---
LottoMetro

Happyland
United States
Member #146,336
September 1, 2013
1,182 Posts
Offline

Dec 22, 2013, 1:12 am
Quote: Originally posted by ryanm on Dec 22, 2013
Yep. PB jackpot is now at $74 million. That is a three roll record!! I guess Powerball's set prize / guaranteed jackpot reserve is finally full as well, as the cash jackpot seems to be reflecting ~32% of sales, per the rules.

Correct....PB reserve was turned "off" after the 12/11 drawing. It was turned on for the 11/20 drawing forward so it seems to fluctuate every cycle.
- 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?
- I believe Joan Ginther ("world's luckiest woman") merely played lottery as a tax strategy. Evidence: zero prize claims through 10 years after her last Lotto Texas annuity payment!
Jon D

Los Angeles, California
United States
Member #103,807
January 5, 2011
1,530 Posts
Offline

Dec 22, 2013, 2:19 am

Quote: Originally posted by LottoMetro on Dec 22, 2013
Correct....PB reserve was turned "off" after the 12/11 drawing. It was turned on for the 11/20 drawing forward so it seems to fluctuate every cycle.

What is the size of the PB reserve fund?
helpmewin

100

u$a
United States
Member #106,658
February 22, 2011
19,967 Posts
Offline

Dec 22, 2013, 3:04 am

in '2014' both winners will be in California
LottoBoner

United States
Member #124,485
March 14, 2012
7,023 Posts
Offline

Dec 22, 2013, 3:08 am

I said Mega, because generally I play Mega and not PB.

However If I play Mega, than my choice should be PB, because I am going to hit Mega, and prevent it from going into frenzy status.
LottoMetro

Happyland
United States
Member #146,336
September 1, 2013
1,182 Posts
Offline

Dec 22, 2013, 12:30 pm
Quote: Originally posted by Jon D on Dec 22, 2013
What is the size of the PB reserve fund?

Well there are three parts to it: Set-Aside Account (guaranteed starting jackpots, rollovers), Set Prize Reserve Account (guaranteed set prizes), and Prize Reserve Account (grand prizes claims from system errors, emergencies, etc). They are deducted in that order

Set-Aside has max balance of $20 million, SPRA has max balance of $40 million, and PRA has max balance of $80 million. Earlier this year they decided to start deducting 2% once annuity reaches $120 million and 4% when it exceeds $250 million. I don't know if that has been implemented yet. If it hasn't then they are still using the flat 2% deduction, activated only when the fund is becoming depleted.

They may also deduct 0.04% of sales for the Power Play reserve account, although the SPRA can be used for this as well.
- 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?
- I believe Joan Ginther ("world's luckiest woman") merely played lottery as a tax strategy. Evidence: zero prize claims through 10 years after her last Lotto Texas annuity payment!
Jon D

Los Angeles, California
United States
Member #103,807
January 5, 2011
1,530 Posts
Offline

Dec 22, 2013, 12:55 pm

Quote: Originally posted by LottoMetro on Dec 22, 2013
Well there are three parts to it: Set-Aside Account (guaranteed starting jackpots, rollovers), Set Prize Reserve Account (guaranteed set prizes), and Prize Reserve Account (grand prizes claims from system errors, emergencies, etc). They are deducted in that order

Set-Aside has max balance of $20 million, SPRA has max balance of $40 million, and PRA has max balance of $80 million. Earlier this year they decided to start deducting 2% once annuity reaches $120 million and 4% when it exceeds $250 million. I don't know if that has been implemented yet. If it hasn't then they are still using the flat 2% deduction, activated only when the fund is becoming depleted.

They may also deduct 0.04% of sales for the Power Play reserve account, although the SPRA can be used for this as well.

Thanks, figured since you work for the lottery, you'd be the one to ask.
LottoMetro

Happyland
United States
Member #146,336
September 1, 2013
1,182 Posts
Offline

Dec 22, 2013, 1:12 pm
Quote: Originally posted by Jon D on Dec 22, 2013
Thanks, figured since you work for the lottery, you'd be the one to ask.

Actually I don't.....I just have extensive sources of information on lottery matters
- 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?
- I believe Joan Ginther ("world's luckiest woman") merely played lottery as a tax strategy. Evidence: zero prize claims through 10 years after her last Lotto Texas annuity payment!
Jon D

Los Angeles, California
United States
Member #103,807
January 5, 2011
1,530 Posts
Offline

Dec 22, 2013, 1:18 pm

Quote: Originally posted by LottoMetro on Dec 22, 2013
Actually I don't.....I just have extensive sources of information on lottery matters

Sorry, figured since you work for the lottery in the lottery industry, you'd be the one to ask.
savagegoose

adelaide sa
Australia
Member #37,135
April 11, 2006
3,341 Posts
Offline

Jan 1, 2014, 5:58 am

I picked mega as it has such long odds, it ripe for rollover. just needs a bad run of luck for punters and bam a new record

" Still swinging, still missing "
2014 = -1016; 2015= -1409; 2016 = -1171; 2017 = -1257 ; 2018 = - 1380 = TOT = - 6233

keno historic = -2291 ; 2015= -603; 2016= -424; 2017 =-427; 2018= -223 TOT = -3968

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