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Which Jackpot game do you prefer?

Mega Millions

[ 4 ]

[ 30.8% ]

Powerball

[ 7 ]

[ 53.8% ]

Only JJ plays Uberball

[ 2 ]

[ 15.4% ]

Total valid votes

[ 13 ]

Discarded votes

[ 1 ]

SilverLion

United States
Member #165,533
April 12, 2015
563 Posts
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Jun 3, 2015, 9:16 pm
I was checking out the payout for the Jackpot games. And I must admit that LottoMetro, has been influencing my thinking with his "inside knowledge" of a matrix change in Powerball. I dont see how making a game harder is good for business.

But I got to thinking, It appears that the prize currently to match five numbers in both MegaMillions AND in Powerball is the same!! One million dollars.

So the question is

Why would you play one line at $2 to win ONE MILLION dollars in Powerball

when you could play two lines at $1 to win ONE MILLION dollars in MegaMillions?

So far Mega Millions has has the ALL TIME highest Jackpot prize and Powerball is a close second.

Somebody enlighten me! Why do I even want to play PB anyway?
- The Classroom is the Last Room to get the truth. - ZacktheLegomaniac
- A Gambler will lose all that he has and also everything he doesn't have. - Fortune Cookie Wisdom (an ode to Johnny)
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
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Jun 3, 2015, 9:32 pm

You obviously haven't looked at the odds of winning a million dollars in each game. For a $2 PB ticket they are 1:5,138,133 and for a $1 MM ticket they are 1:18,492,204.

What you should be asking : Is buying a $2 ticket with odds of 1:5M of winning $1M a better deal than buying two $1 tickets with odds 1:9.2M of winning $1M?

I gave my answer in another thread to the same question. You might be surprised why players think one or the other is the better deal.

* you don't need to buy every combination, just the winning ones *
Stack47

Kentucky
United States
Member #32,651
February 14, 2006
10,301 Posts
Offline

Jun 3, 2015, 10:49 pm

Quote: Originally posted by RJOh on Jun 3, 2015
You obviously haven't looked at the odds of winning a million dollars in each game. For a $2 PB ticket they are 1:5,138,133 and for a $1 MM ticket they are 1:18,492,204.

What you should be asking : Is buying a $2 ticket with odds of 1:5M of winning $1M a better deal than buying two $1 tickets with odds 1:9.2M of winning $1M?

I gave my answer in another thread to the same question. You might be surprised why players think one or the other is the better deal.

A case can be made that for an extra buck, MM players can win $5 million while PB players are limited to $2 million.
Coin Toss

Zeta Reticuli Star System
United States
Member #30,469
January 17, 2006
11,788 Posts
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Jun 4, 2015, 12:20 am

SilverLion,

I voted Powerball, until it expands the matrix too. Then I'm not sure.

As of right now for people going for 5 + 0 MM is a better play as with the megaplier 5 + 0 is $2 - $5 million, Powerball with the power play is $2 million and that is that.

Nice touch with the 3rd option.

PS,

LottoMetro is a female.

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.
RJOh

100

mid-Ohio
United States
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March 24, 2001
20,272 Posts
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Jun 4, 2015, 2:17 am

Quote: Originally posted by Coin Toss on Jun 4, 2015
SilverLion,

I voted Powerball, until it expands the matrix too. Then I'm not sure.

As of right now for people going for 5 + 0 MM is a better play as with the megaplier 5 + 0 is $2 - $5 million, Powerball with the power play is $2 million and that is that.

Nice touch with the 3rd option.

PS,

LottoMetro is a female.

"

PS,

LottoMetro is a female."

Does gender matter in a lottery discussion?

* you don't need to buy every combination, just the winning ones *
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
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Jun 4, 2015, 2:22 am

Quote: Originally posted by Stack47 on Jun 3, 2015
A case can be made that for an extra buck, MM players can win $5 million while PB players are limited to $2 million.

If you're talking about only winning $1-$5M, a case can be made for playing one of the many state lotteries instead.

* you don't need to buy every combination, just the winning ones *
Coin Toss

Zeta Reticuli Star System
United States
Member #30,469
January 17, 2006
11,788 Posts
Offline

Jun 4, 2015, 2:49 am

Quote: Originally posted by RJOh on Jun 4, 2015
"

PS,

LottoMetro is a female."

Does gender matter in a lottery discussion?

It might matter to the person being referred to.

Let someone say "RJOh she...." and you'd be the first to correct them.

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.
MaximumMillions

Germany
Member #164,595
March 8, 2015
803 Posts
Offline

Jun 4, 2015, 8:46 am

Quote: Originally posted by RJOh on Jun 3, 2015
You obviously haven't looked at the odds of winning a million dollars in each game. For a $2 PB ticket they are 1:5,138,133 and for a $1 MM ticket they are 1:18,492,204.

What you should be asking : Is buying a $2 ticket with odds of 1:5M of winning $1M a better deal than buying two $1 tickets with odds 1:9.2M of winning $1M?

I gave my answer in another thread to the same question. You might be surprised why players think one or the other is the better deal.

"Is buying a $2 ticket with odds of 1:5M of winning $1M a better deal than buying two $1 tickets with odds 1:9.2M of winning $1M?"

But isn't that a fallacy? If my odds are 1:18mil with one ticket and 1:9mil with two tickets, wouldn't my odds then be 1:560 000 if I buy 32 tickets?
SilverLion

United States
Member #165,533
April 12, 2015
563 Posts
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Jun 5, 2015, 2:21 am

Quote: Originally posted by MaximumMillions on Jun 4, 2015
"Is buying a $2 ticket with odds of 1:5M of winning $1M a better deal than buying two $1 tickets with odds 1:9.2M of winning $1M?"

But isn't that a fallacy? If my odds are 1:18mil with one ticket and 1:9mil with two tickets, wouldn't my odds then be 1:560 000 if I buy 32 tickets?

But isn't that a fallacy? If my odds are 1:18mil with one ticket and 1:9mil with two tickets, wouldn't my odds then be 1:560 000 if I buy 32 tickets

I never buy 32 tickets so I dont know.

But take the last draws winning numebers.

If I played 2 9 11 24 25.

I could then wheel my combos with 2 9 11 22 23.

The extra dollar could have a potential strategic effect, whatever the stated odds may be.

Nice choice of word with fallacy.

There is so much LP history and nostalgia there.
SilverLion

United States
Member #165,533
April 12, 2015
563 Posts
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Jun 5, 2015, 2:26 am

Quote: Originally posted by RJOh on Jun 4, 2015
"

PS,

LottoMetro is a female."

Does gender matter in a lottery discussion?

Only if you were perhaps the "artist" athlete formerly known as Bruce, and you put down $500 on a wheel with Maddogs numbers.

My apologies to LottoMetro.

Metro sounds so metrosexual. Seems male to me. But I can be wrong. My lottery history proves that.
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
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Jun 5, 2015, 7:18 am

Quote: Originally posted by MaximumMillions on Jun 4, 2015
"Is buying a $2 ticket with odds of 1:5M of winning $1M a better deal than buying two $1 tickets with odds 1:9.2M of winning $1M?"

But isn't that a fallacy? If my odds are 1:18mil with one ticket and 1:9mil with two tickets, wouldn't my odds then be 1:560 000 if I buy 32 tickets?

It's just a working theory assuming you aren't buying the same numbers on both tickets. Obviously your odds would remain the same if you brought 18M tickets with the same combinations rather than with all the possible combinations. The true answer lies some where in between those two extremes.

* you don't need to buy every combination, just the winning ones *
SilverLion

United States
Member #165,533
April 12, 2015
563 Posts
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Jun 11, 2015, 2:17 am

Quote: Originally posted by RJOh on Jun 5, 2015
It's just a working theory assuming you aren't buying the same numbers on both tickets. Obviously your odds would remain the same if you brought 18M tickets with the same combinations rather than with all the possible combinations. The true answer lies some where in between those two extremes.

The true answer lies some where in between those two extremes.

Are you referring to the normal distribution?
noise-gate

* In hot pursuit of $ *

White Shores- California
United States
Member #136,471
December 12, 2012
7,039 Posts
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Jun 13, 2015, 10:51 pm

Quote: Originally posted by SilverLion on Jun 5, 2015
Only if you were perhaps the "artist" athlete formerly known as Bruce, and you put down $500 on a wheel with Maddogs numbers.

My apologies to LottoMetro.

Metro sounds so metrosexual. Seems male to me. But I can be wrong. My lottery history proves that.

PB odds are better for now- end of story.

* Voice of Reason *

* People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

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