Well, I guess we might get a billion dollar jackpot soon for PB!Prev TopicNext Topic

• WhoaMama

  

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  Jul 24, 2016, 11:40 am

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  I think that the Powerball jackpot willl be  $1.5 Billion pretty soon!
  
  
  
  What do you think!
• Romancandle

  

  Upacreek
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  Jul 24, 2016, 11:55 am

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  Maybe... I suppose if it can rollover as much as MM did during its last record stretch.

  Frankly, I'm not a big fan of the billion $ JP... Takes longer for non regular players to jump in and play to get the JP moving again.

  -RC
• zephbe

  

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  Jul 24, 2016, 12:57 pm

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  Some people seem to think their odds of winning increase as jackpots increase.  Why is that?
• LottoMetro

  

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  Jul 24, 2016, 1:26 pm

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  In response to WhoaMama

  Quote: Originally posted by WhoaMama on Jul 24, 2016

  I think that the Powerball jackpot willl be  $1.5 Billion pretty soon!
  
  
  
  What do you think!

  I think this is a premature expectation. Based on sales and interest rates, by my estimates it would be about 10 rollovers out

  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
• Kingofearth

  

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  Jul 24, 2016, 2:55 pm

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  In response to zephbe

  Quote: Originally posted by zephbe on Jul 24, 2016

  Some people seem to think their odds of winning increase as jackpots increase.  Why is that?

  How often do you see someone win a under 100 Million jackpot? Tiny jackpots rarely have a winner and even more rarely get any media coverage.
• zephbe

  

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  Jul 24, 2016, 2:59 pm

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  In response to Kingofearth

  Quote: Originally posted by Kingofearth on Jul 24, 2016

  How often do you see someone win a under 100 Million jackpot? Tiny jackpots rarely have a winner and even more rarely get any media coverage.

  More people play when the jackpots are larger--that doesn't change the odds--just increases the number of tickets sold.

  Every champion was once a contender who refused to give up.-Rocky Balboa

  “Don’t let someone who gave up on their dreams talk you out of going after yours.” – Zig Ziglar
• destinycreation

  

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  Jul 24, 2016, 5:11 pm

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  In response to WhoaMama

  Quote: Originally posted by WhoaMama on Jul 24, 2016

  I think that the Powerball jackpot willl be  $1.5 Billion pretty soon!
  
  
  
  What do you think!

  NO !!!    I DOUBT it !!!
• Kingofearth

  

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  Jul 24, 2016, 6:47 pm

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  In response to zephbe

  Quote: Originally posted by zephbe on Jul 24, 2016

  More people play when the jackpots are larger--that doesn't change the odds--just increases the number of tickets sold.

  But to the average occasional player, it does seem like it changes the odds.Most people are not math experts, probability is one of those things that no cares about after they graduate high school.
• TheMeatman2005

  

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  Jul 25, 2016, 8:44 am

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  In response to WhoaMama

  Quote: Originally posted by WhoaMama on Jul 24, 2016

  I think that the Powerball jackpot willl be  $1.5 Billion pretty soon!
  
  
  
  What do you think!

  It's only possible if there is no winner and it keeps rolling.

  As the jackpot increases, so do sales. That increases the chances of someone hitting as well as feeding the jackpot fire. If no winner, see line above.

   

  Rule #1. The boss is always right!

  Rule #2. If the boss is wrong, see rule #1

  The Meatman 🥩🍗🍔🍖🍤🌭

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