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Powerball Matrix Change - April 15, 2015

Topic closed. 227 replies. Last post 1 year ago by weshar75.

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Think's avatar - lightbulb
Marquette, MI
United States
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August 20, 2005
705 Posts
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Posted: June 5, 2015, 8:21 pm - IP Logged

I'm a little surprised they didn't bust a move and try a different matrix instead of just being a Mega Millions clone.

They could have at least considered 6/48 and 1/15 thru 1/20 depending on how they wanted the odds to go.

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    Arizona
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    Member #165073
    March 24, 2015
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    Posted: June 5, 2015, 9:14 pm - IP Logged

    I'm a little surprised they didn't bust a move and try a different matrix instead of just being a Mega Millions clone.

    They could have at least considered 6/48 and 1/15 thru 1/20 depending on how they wanted the odds to go.

    There are all sorts of fun possibilities. 6/48+1/21 would give very close to the same jackpot odds as MM (1 in 257,701,752). Or 6/48+2/7 has those same odds, and would allow for some real redesign of the prize structure for nonjackpots.

      RJOh's avatar - chipmunk
      mid-Ohio
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      March 24, 2001
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      Posted: June 6, 2015, 9:03 am - IP Logged

      I'm a little surprised they didn't bust a move and try a different matrix instead of just being a Mega Millions clone.

      They could have at least considered 6/48 and 1/15 thru 1/20 depending on how they wanted the odds to go.

      A 6/48 + 1/20 would have odds of 1:245,430,240 for the jackpot which is fine but the second prize would have odds of 1:12,917,381 which are more than twice what the odds are now.  What would be more attractive about that?

      They probably want the game to better a little harder to win to have more time to roll larger jackpots but still attractive to the present players.

       * you don't need to buy more tickets, just buy a winning ticket * 
         
                   Evil Looking       

        LottoMetro's avatar - Lottery-024.jpg
        Happyland
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        September 1, 2013
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        Posted: June 25, 2015, 8:39 pm - IP Logged

        So the new PB specifications were finalized earlier this month, and indeed they are targeting an October launch. MUSL projects that the change will result in an increase to revenues of more than 40% versus current trends. They also expect average hit jackpots to be just over $300 million with 10-11 hits per year.

        We'll see.

        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

          SilverLion's avatar - 8ball

          United States
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          April 12, 2015
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          Posted: June 25, 2015, 8:55 pm - IP Logged

          So the new PB specifications were finalized earlier this month, and indeed they are targeting an October launch. MUSL projects that the change will result in an increase to revenues of more than 40% versus current trends. They also expect average hit jackpots to be just over $300 million with 10-11 hits per year.

          We'll see.

          Ok LP.  Time to remind MUSL who is boss. 

          We have to listen to JJ and BOYCOTT POWERBALL!!!!!

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            NY
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            June 22, 2015
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            Posted: June 25, 2015, 8:58 pm - IP Logged

            i see they made the odds even worse than the earlier draft but at least they kept the $4 for the most common prize - want to see the finalized rules eventually

              maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
              Massachusetts
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              April 14, 2006
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              Posted: June 26, 2015, 5:39 pm - IP Logged

              MUSL boo

              ChairThumbs Down  Hit With Stick

              That money's gone fo ever

                Coin Toss's avatar - shape barbed.jpg
                Zeta Reticuli Star System
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                Posted: June 27, 2015, 3:08 pm - IP Logged

                Thanks again for the info. Lotto Metro.

                Everyone here with a system or believes that there can be a system for a 5 + 1 game needs to make this their mantra:

                MUSL projects that the change will result in an increase to revenues of more than 40% versus current trends. They also expect average hit jackpots to be just over $300 million with 10-11 hits per year

                Silver Lion,

                If everyone on LP boycotted PB do you really think the MUSL would feel it?

                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.

                  maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
                  Massachusetts
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                  Posted: June 29, 2015, 4:48 pm - IP Logged

                  Good people I just received a letter from Mass Lottery confirming the coming changes. They will start Wednesday October 7, 2015. 

                  The new matrix will be 5/69 + 1/26

                  Same price. $2

                  "All prize levels remain the same except the Match 4+1 prize increases from $10,000 to 50,000 cash."

                   

                  ****************************************************

                  I say it's now or never if you're trying to match 5+0. 

                  28 draws remaining until the game goes to Hell. 

                  Until that day I'll play 5 lines every draw regardless of JP size. Lep Thumbs Up

                  That money's gone fo ever

                    RJOh's avatar - chipmunk
                    mid-Ohio
                    United States
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                    March 24, 2001
                    19816 Posts
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                    Posted: June 30, 2015, 7:56 am - IP Logged

                    Good people I just received a letter from Mass Lottery confirming the coming changes. They will start Wednesday October 7, 2015. 

                    The new matrix will be 5/69 + 1/26

                    Same price. $2

                    "All prize levels remain the same except the Match 4+1 prize increases from $10,000 to 50,000 cash."

                     

                    ****************************************************

                    I say it's now or never if you're trying to match 5+0. 

                    28 draws remaining until the game goes to Hell. 

                    Until that day I'll play 5 lines every draw regardless of JP size. Lep Thumbs Up

                    This change will put the odds of winning $1M more in line with MM changing the odds from 1:5.1M to 1:11.7M which should make it easier on the states.

                     * you don't need to buy more tickets, just buy a winning ticket * 
                       
                                 Evil Looking       

                      RJOh's avatar - chipmunk
                      mid-Ohio
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                      March 24, 2001
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                      Posted: June 30, 2015, 10:11 am - IP Logged

                      This change will put the odds of winning $1M more in line with MM changing the odds from 1:5.1M to 1:11.7M which should make it easier on the states.

                      With new matrix playing all 26 bonus numbers would guarantee $0.08 per dollar spent, that's only $0.07 when playing all 15 mega balls.  The new matrix will change playing strategies.

                       * you don't need to buy more tickets, just buy a winning ticket * 
                         
                                   Evil Looking       

                        bobby623's avatar - abstract
                        San Angelo, Texas
                        United States
                        Member #1097
                        January 31, 2003
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                        Posted: June 30, 2015, 2:06 pm - IP Logged

                        One has to wonder why this thread is still active!
                        Face it, lotteries are in business to make as much money as possible without fear of being arrested for felony theft.
                        Motivated by greed, MUSL called a meeting and asked members to come up with a plan to
                        increase profits, knowing of course that the only way to do it was to make the game harder to win.
                        The only way to do that is to add more numbers to the existing matrix, thus, 5/69.
                        However, the plan also included provisions to make the 'suckers' who play the game believe that they have
                        a realistic of winning.
                        A game with no winners won't sell. So, the plan included non-jackpot prizes of various amounts.
                        The suckers, who obviously don't know they are being victimized by a 'predatory game', are told they can spend more to increase the non-jackpot prize amounts.
                        And there we have it.
                        Starting in October, millions of lottery gamblers will start investing in a game deliberately designed to ensure that politicians have
                        more to spend, while severely limiting the chance that some random number generator somewhere will actually put out a jackpot winning permutation.
                        What needs to happen is for several jackpots to be won in October, November and December.
                        This will no doubt cause some of the smaller states with less money to lose than New York, California, Florida, Texas - states who are getting richer
                        with other hard to win games - to maybe decide they need to tell MUSL to take a hike.
                        An unexpected jackpot win put Monopoly Millionaires out of business. Be nice for it to happen to Powerball.
                        My opinion, of course.

                          RJOh's avatar - chipmunk
                          mid-Ohio
                          United States
                          Member #9
                          March 24, 2001
                          19816 Posts
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                          Posted: June 30, 2015, 7:58 pm - IP Logged

                          One has to wonder why this thread is still active!
                          Face it, lotteries are in business to make as much money as possible without fear of being arrested for felony theft.
                          Motivated by greed, MUSL called a meeting and asked members to come up with a plan to
                          increase profits, knowing of course that the only way to do it was to make the game harder to win.
                          The only way to do that is to add more numbers to the existing matrix, thus, 5/69.
                          However, the plan also included provisions to make the 'suckers' who play the game believe that they have
                          a realistic of winning.
                          A game with no winners won't sell. So, the plan included non-jackpot prizes of various amounts.
                          The suckers, who obviously don't know they are being victimized by a 'predatory game', are told they can spend more to increase the non-jackpot prize amounts.
                          And there we have it.
                          Starting in October, millions of lottery gamblers will start investing in a game deliberately designed to ensure that politicians have
                          more to spend, while severely limiting the chance that some random number generator somewhere will actually put out a jackpot winning permutation.
                          What needs to happen is for several jackpots to be won in October, November and December.
                          This will no doubt cause some of the smaller states with less money to lose than New York, California, Florida, Texas - states who are getting richer
                          with other hard to win games - to maybe decide they need to tell MUSL to take a hike.
                          An unexpected jackpot win put Monopoly Millionaires out of business. Be nice for it to happen to Powerball.
                          My opinion, of course.

                          "This will no doubt cause some of the smaller states ....................................to maybe decide they need to tell MUSL to take a hike."

                          State might do that if they didn't see so many of their players making road trips to the other states to play these games.  Ohio tried to buck the trend for a couple of years after PB and Big Game came out but Ohioans were going to neighboring states to play them and leaving their tax dollars in those states too when they won jackpots so after a while it gave in and added them both.  Smaller states over time shouldn't have any more winners per sales dollars than the larger states and they need to do what ever it takes to keep local players playing locally.

                           * you don't need to buy more tickets, just buy a winning ticket * 
                             
                                       Evil Looking       

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                            New Member

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                            July 8, 2015
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                            Posted: July 8, 2015, 9:57 am - IP Logged

                            raising thresholds and increasing prices of games is what makes their sales drop off. i play less p-ball since it increased to 2 bucks. plus i dislike the 8th & 9th prizes being the same. if the 9th prize is 4 bucks and the 7th prize is 14, the 8th prize should be 9 bucks.  its so hard to win even the teeniest prizes as it is.

                              maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
                              Massachusetts
                              United States
                              Member #37433
                              April 14, 2006
                              2747 Posts
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                              Posted: July 8, 2015, 11:52 am - IP Logged

                              Good people I just received a letter from Mass Lottery confirming the coming changes. They will start Wednesday October 7, 2015. 

                              The new matrix will be 5/69 + 1/26

                              Same price. $2

                              "All prize levels remain the same except the Match 4+1 prize increases from $10,000 to 50,000 cash."

                               

                              ****************************************************

                              I say it's now or never if you're trying to match 5+0. 

                              28 draws remaining until the game goes to Hell. 

                              Until that day I'll play 5 lines every draw regardless of JP size. Lep Thumbs Up

                              Playing 5 lines won't help, so scratch that mess. It's 1 line for me until I get tired of losing money then it'll be adios.

                              That money's gone fo ever

                                 
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