According to my retailer there is a new national lottery game comingPrev Topic Next Topic

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Sabedo

Atlanta georgia
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June 12, 2014
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Jun 12, 2014, 3:45 pm

She told me about the GA 7500 week for life game about two weeks before it came out, she showed me the promotional material she wasn't allowed to post up at the time.

She said there is a new super lottery with a $5 price point coming by the end of the year, the goal is to have high 9 figure jackpots and the worlds first billion dollar jackpot. At the current matrixes it will be highly unlikely along with the low starting points to ever see a billion dollar jackpot. I heard about this website from time to time so is what she is saying true? She has given me correct info before
onlymoney

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June 2, 2012
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Jun 12, 2014, 3:51 pm

Oh that's just great!

Now the LP lottery discussion thread will be flooded with worthless threads asking about what size mansion, car and toilet paper will be purchased If they won 3 billion dollars. Oh geesh...can't wait.

I almost forgot, the hundreds, who in the process will profess that they know for sure they'll beat the 1 in 1.5 billion odds of winning in their lifetime. *Rolls eyes*...oy vey !
rcbbuckeye

100

Texas
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October 23, 2007
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Jun 12, 2014, 5:07 pm

Quote: Originally posted by onlymoney on Jun 12, 2014
Oh that's just great!

Now the LP lottery discussion thread will be flooded with worthless threads asking about what size mansion, car and toilet paper will be purchased If they won 3 billion dollars. Oh geesh...can't wait.

I almost forgot, the hundreds, who in the process will profess that they know for sure they'll beat the 1 in 1.5 billion odds of winning in their lifetime. *Rolls eyes*...oy vey !

You know onlymoney, nobody is putting a gun to your head and making you read any particular thread.

It's real easy for me. If I see a thread that doesn't interest me, I just don't click on it.

You can save yourself so much stress this way. LOL.

CAN'T WIN IF YOU'RE NOT IN

A DOLLAR AND A DREAM (OR $2)
LottoMetro

Happyland
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September 1, 2013
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Jun 12, 2014, 5:11 pm

Quote: Originally posted by Sabedo on Jun 12, 2014
She told me about the GA 7500 week for life game about two weeks before it came out, she showed me the promotional material she wasn't allowed to post up at the time.

She said there is a new super lottery with a $5 price point coming by the end of the year, the goal is to have high 9 figure jackpots and the worlds first billion dollar jackpot. At the current matrixes it will be highly unlikely along with the low starting points to ever see a billion dollar jackpot. I heard about this website from time to time so is what she is saying true? She has given me correct info before

The new $5 national game is called Monopoly Millionaire's Club. It is launching October 19th. It will be accompanied by a "second chance" themed TV game show that is projected to start in February 2015 ($1 million prize). For the lottery there will be NO billion dollar jackpot or high 9 figure jackpots. Anyone who says this is lying. The game is very similar to Lotto Max in Canada. Worse odds (overall 1 in 10), though. Its jackpot will start at $25 million and be capped at $50 million. This game is basically an answer to all the complaints "Why 1 big winner and not many millionaires?" I believe it will be a once weekly draw. At least 2 states have signed on, obviously more will approve in the upcoming months.

I've said this before, the lottery industry does not look forward to billion dollar jackpots of any kind or in any game. So they will not intentionally create one.

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?

P&L % = Total Win($)/Total Wager($) - 1
mrcraft

Los Angeles, California
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December 2, 2013
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Jun 12, 2014, 5:38 pm

Quote: Originally posted by LottoMetro on Jun 12, 2014
The new $5 national game is called Monopoly Millionaire's Club. It is launching October 19th. It will be accompanied by a "second chance" themed TV game show that is projected to start in February 2015 ($1 million prize). For the lottery there will be NO billion dollar jackpot or high 9 figure jackpots. Anyone who says this is lying. The game is very similar to Lotto Max in Canada. Worse odds (overall 1 in 10), though. Its jackpot will start at $25 million and be capped at $50 million. This game is basically an answer to all the complaints "Why 1 big winner and not many millionaires?" I believe it will be a once weekly draw. At least 2 states have signed on, obviously more will approve in the upcoming months.

I've said this before, the lottery industry does not look forward to billion dollar jackpots of any kind or in any game. So they will not intentionally create one.

What are your thoughts on this new $5 game?
One-Day

Portland, OR
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August 20, 2013
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Jun 12, 2014, 7:36 pm

Too expensive. I'd take my chances with Powerball and MM with the $5. What Powerball and Megamillions need to do is change the starting JP to $100,000,000 to attract players and make more millionaires quicker.

People are more complicated than the masks they wear in society...
Coin Toss

Zeta Reticuli Star System
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January 17, 2006
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Jun 12, 2014, 11:45 pm

LottoMetro,

Thanks for the information. Yesterday the Missouri lottery sent out a survey asking if you would play a game with such and such a format and they did mention a Monopoly draw game.

The Missouri survey said the drawing would be once a week and televised from Las Vegas - not too sure about that as Nevada is so anti-lottery.

///

onlymoney,

Good points about the jackpot fantasies.

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners.

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.
LottoMetro

Happyland
United States
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September 1, 2013
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Jun 12, 2014, 11:53 pm

Quote: Originally posted by mrcraft on Jun 12, 2014
What are your thoughts on this new $5 game?

Eh, mixed. I like that they are going to have "10s to 100s" (their words) of millionaires when the jackpot gets hit. But with their 2 current jackpot games there is no reason they can't do the same thing by tweaking the odds structure and reserve pool a bit. I tend to look past "potential winners" and see the math. For starters, the payout is only going to be about 54%. At $5 a pop I would expect more than that. Overall odds of 1 in 10 on a $5 game? I can get better odds on a $1 scratch-off. The cap is $50 million with a starting jackpot of $25 million and $5 million increases. Not much to get excited about. The lottery is going to be relying on the TV show and the second-chance opportunities that this game will offer. So IMO if they fail to generate momentum from those two things then it could die pretty quick.

CT, the broadcast will be a Monopoly-themed game show, so its only connection to the lottery will be the fact that the contestants entered second-chance tickets. Vegas is synonymous with chance and gambling so I can understand why they would choose it. And since when does NV turn down money?

P.S. Powerball matrix will be changing again soon, to players' glee [sarcasm]. I may have already mentioned that a couple months ago

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?

P&L % = Total Win($)/Total Wager($) - 1
onlymoney

United States
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June 2, 2012
5,427 Posts
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Jun 12, 2014, 11:58 pm

Quote: Originally posted by rcbbuckeye on Jun 12, 2014
You know onlymoney, nobody is putting a gun to your head and making you read any particular thread.

It's real easy for me. If I see a thread that doesn't interest me, I just don't click on it.

You can save yourself so much stress this way. LOL.

Really?

Just last Wednesday, an LP member found out where I live and knocked down my front door demanding I read a certain thread, I forget which one at the moment.

While he was pointing the gun at my head, I wrestled the gun away from his hand with a distraction and gained control of the gun. The police finally showed up and he was promptly escorted away.

I'm not pressing charges because I got used to it after a few months.
mrcraft

Los Angeles, California
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December 2, 2013
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Jun 13, 2014, 12:42 am

Quote: Originally posted by LottoMetro on Jun 12, 2014
Eh, mixed. I like that they are going to have "10s to 100s" (their words) of millionaires when the jackpot gets hit. But with their 2 current jackpot games there is no reason they can't do the same thing by tweaking the odds structure and reserve pool a bit. I tend to look past "potential winners" and see the math. For starters, the payout is only going to be about 54%. At $5 a pop I would expect more than that. Overall odds of 1 in 10 on a $5 game? I can get better odds on a $1 scratch-off. The cap is $50 million with a starting jackpot of $25 million and $5 million increases. Not much to get excited about. The lottery is going to be relying on the TV show and the second-chance opportunities that this game will offer. So IMO if they fail to generate momentum from those two things then it could die pretty quick.

CT, the broadcast will be a Monopoly-themed game show, so its only connection to the lottery will be the fact that the contestants entered second-chance tickets. Vegas is synonymous with chance and gambling so I can understand why they would choose it. And since when does NV turn down money?

P.S. Powerball matrix will be changing again soon, to players' glee [sarcasm]. I may have already mentioned that a couple months ago

Me too. I don't know what to think about this game and pricing. I imagine the odds for the secondary million dollar prizes are going to be in the "99.9% of players will never hit" range, so I just can't see people shelling out $5 for this game, much less $1 or $2 we pay now for our current jackpot games. I could be completely wrong, and this game could end up being wildly popular. Time will tell.
RedStang

NY
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January 21, 2012
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Jun 13, 2014, 12:57 am

Quote: Originally posted by onlymoney on Jun 12, 2014
Oh that's just great!

Now the LP lottery discussion thread will be flooded with worthless threads asking about what size mansion, car and toilet paper will be purchased If they won 3 billion dollars. Oh geesh...can't wait.

I almost forgot, the hundreds, who in the process will profess that they know for sure they'll beat the 1 in 1.5 billion odds of winning in their lifetime. *Rolls eyes*...oy vey !

I only use toilet paper from Costco because it's strength tested and very reliable.
Coin Toss

Zeta Reticuli Star System
United States
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January 17, 2006
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Jun 13, 2014, 1:03 am

LottoMetro,

And since when does NV turn down money?

Since the state refused and continuse to refuse having a state lottery.

As the saying goes, The joints want it all".

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners.

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.
BobP

Dump Water Florida
United States
Member #380
June 5, 2002
3,577 Posts
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Jun 13, 2014, 7:07 am

Lotto Max Canada this week

Prize Payouts
Match Winners Prize
7 1 $32,685,302.80
6 + bonus 2 $191,148.00
6 57 $6,706.90
5 3,955 $120.80
4 86,423 $20.00
3 + bonus 79,457 $20.00
3 764,611 $Free Play

Projected next Ten Million

So $ 5 a play for Pick-7 with a 6+1 bonus prize that barely beats Pick-5? Whoop-de-do!

BobP
Coin Toss

Zeta Reticuli Star System
United States
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January 17, 2006
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Jun 13, 2014, 10:27 am

Good point BobP, but the lotteries know that the average player doesn't think that deep.

A lot of players have never even looked at the back of a playslip.

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners.

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.
THRIFTY

100

NEW YORK
United States
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April 29, 2010
13,286 Posts
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Jun 13, 2014, 10:40 am

Quote: Originally posted by onlymoney on Jun 12, 2014
Oh that's just great!

Now the LP lottery discussion thread will be flooded with worthless threads asking about what size mansion, car and toilet paper will be purchased If they won 3 billion dollars. Oh geesh...can't wait.

I almost forgot, the hundreds, who in the process will profess that they know for sure they'll beat the 1 in 1.5 billion odds of winning in their lifetime. *Rolls eyes*...oy vey !

I will spend $5 once a year.