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Powerball dropped revamp that gave better odds !

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November 22, 2006
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Posted: February 23, 2016, 6:24 pm - IP Logged

~with my compliments

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Sports

APNewsBreak: Powerball dropped revamp that gave better odds

IOWA CITY, Iowa (AP) — The group that runs the Powerball lottery game approved, then abandoned, changes that would have given ticket buyers more bang for their two bucks than the redesign recently implemented, The Associated Press has learned. Powerball managers changed the game's odds in October to build bigger jackpots and revive lagging player interest. Jackpots became far harder to win, but smaller cash prizes are easier to attain. The strategy quickly paid massive dividends for state lotteries, leading to soaring ticket sales for what grew to a record $1.6 billion jackpot last month. But internal documents obtained by The AP show a different Powerball overhaul initially was planned that ...

 

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