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Ready for a $1,000,000,000 Powerball jackpot?

Topic closed. 21 replies. Last post 1 year ago by jjtheprince.

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United States
Member #162631
January 7, 2015
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Posted: September 24, 2015, 10:43 pm - IP Logged

You said it yourself right there, PAST winners.  No one can win now, but someone out there will break the curse of "Can't win" when the jackpot hits $1 billion or more and ALL possible number combinations are sold.

Don't forget about a many many way split
of the jackpot, at that time, too.

 

At one time, not too long ago, the lotto probability was
175,000,000 to 1.  I'm not sure what it is now, with the updated number schemes
.

 

I play too much money.  More than I can afford to lose every week when the jackpot is this high.

 

I use the larger font for your ease of reading.

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    NY
    United States
    Member #167035
    June 22, 2015
    1340 Posts
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    Posted: September 24, 2015, 11:26 pm - IP Logged

    Don't forget about a many many way split
    of the jackpot, at that time, too.

     

    At one time, not too long ago, the lotto probability was
    175,000,000 to 1.  I'm not sure what it is now, with the updated number schemes
    .

     

    I play too much money.  More than I can afford to lose every week when the jackpot is this high.

     

    I use the larger font for your ease of reading.

    that why only play 1 line and only when it is above 200m otherwise is a waste of cash

      noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
      Bay Area - California
      United States
      Member #136477
      December 12, 2012
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      Posted: September 25, 2015, 12:14 am - IP Logged

      that why only play 1 line and only when it is above 200m otherwise is a waste of cash

      Is one line Good Enough?

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

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        NY
        United States
        Member #23835
        October 16, 2005
        3502 Posts
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        Posted: September 25, 2015, 3:02 am - IP Logged

        "Don't forget about a many many way split
        of the jackpot, at that time, too.
        "

        The upside to $2 tickets and the ridiculous odds of the new matrix are that there's a pretty good chance of a single winner even when the cash value  passes the $300 million mark.

        There has never been more than 3 winners for a PB or MM jackpot, and there have been 3 winners only 3 times. The MM jackpot that still holds the record for the largest cash payout ever was the first time. The other 2 were for PB jackpots (the 2nd and 5th largest cash payouts). The 3rd largest cash payout went to 2 winners, and the 4th went to a single winner. All of those were with a number of possible combinations that's relatively small compared to the new matrix.

        With the new PB matrix multiple winners will become less likely, and even for a very large jackpot there will be a pretty good chance of a single winner. The MM record jackpot also holds the record for most tickets sold for a single drawing, at 652 million. That's almost twice as many as the 2nd highest number of tickets sold, which is 336 million. Those sales were in 2012 and 2013 long before the sales slump that spawned the most recent PB matrix came along. The largest jackpot in the past 2 years was last February's $564 million PB jackpot, which only managed a relatively meager 190 million tickets.

        Based on recent sales it will probably take a jackpot of at least 600 million to get into that sales territory again, and with the new matrix 200 million tickets would only cover 2/3 of the possible combinations even if there were no repeats. Of course at that level there are many millions of repeats, but the chances of having 3  winners is still fairly modest. Unless you think that 3 or 4 is "many, many winners" the chances of that are essentially zero. Even if the jackpot gets insanely large and sales hit 500 million tickets anything more than 3 winners is still  fairly unlikely.

        As far as selling all possible combinations goes, that's a statistical improbability until ticket sales are about 5 times the number of possible combinations. Under the new matrix that means it's very unlikely until 1.5 billion tickets are sold. As a rough guess I suspect we'd need to see a jackpot of at least a billion to roll for a frenzy that big. If it did happen it would bump the cash value by over 900 million, for a total cash value of more than $1.5 billion.

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          NY
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          Member #167035
          June 22, 2015
          1340 Posts
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          Posted: September 25, 2015, 6:49 am - IP Logged

          Is one line Good Enough?

          prob not but just want to be in it to win it not to waste lots of money on games that dont pay out much

            hearsetrax's avatar - 0118

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            Member #52345
            May 21, 2007
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            Posted: September 25, 2015, 8:41 am - IP Logged

            Skeptical just got my tickets,should be a most curious weekend

             

            enjoy the blood moon/lunar eclipse this weekend Pumpkin

             

            best of luck to those playing tomorrow night


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              Member #106134
              February 13, 2011
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              Posted: September 27, 2015, 3:18 pm - IP Logged

              Winning tip: Play the number 5 as your Powerball for the next drawing.  Play trends and win!