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noise-gate

* In hot pursuit of $ *

White Shores- California
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Aug 10, 2016, 1:09 pm

On 8-9-16- A 5/5 Mega Millions winner from San Jose - CA will get paid $104K . That's downright embarrassing, in fact it's total

How about the jumping up and down the night before knowing that you are one of two who got 2nd prize only to find out that you walking away with less money than the fantasy 5 payout on the same evening?

Thoughts anyone?

* Have a Great Hump Day everyone.

* Voice of Reason *

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

South Carolina
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Aug 10, 2016, 1:28 pm

Pari mutuel--each winner’s prize would be determined by ticket sales and number of winners. This can cause the overall payout to end up more than the advertised prize in some cases, and lower than the advertised amount in others. In simplest terms, it is a system of gaming in which wagered funds are pooled and then paid, in equal shares.

The Powerball 5+0 winner 08-06 only got $241,411.

That's CA's rules.

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
noise-gate

* In hot pursuit of $ *

White Shores- California
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December 12, 2012
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Aug 10, 2016, 1:40 pm

Quote: Originally posted by zephbe on Aug 10, 2016
Pari mutuel--each winner’s prize would be determined by ticket sales and number of winners. This can cause the overall payout to end up more than the advertised prize in some cases, and lower than the advertised amount in others. In simplest terms, it is a system of gaming in which wagered funds are pooled and then paid, in equal shares.

The Powerball 5+0 winner 08-06 only got $241,411.

That's CA's rules.

I totally get that Z- I guess it's proof that Lottery fatigue has kicked in on the West Coast.

* Voice of Reason *

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

South Carolina
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Aug 10, 2016, 1:46 pm

Guess they are waiting for bigger jackpots.
Kingofearth

Israel
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May 5, 2016
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Aug 10, 2016, 2:23 pm

Quote: Originally posted by noise-gate on Aug 10, 2016
On 8-9-16- A 5/5 Mega Millions winner from San Jose - CA will get paid $104K . That's downright embarrassing, in fact it's total

How about the jumping up and down the night before knowing that you are one of two who got 2nd prize only to find out that you walking away with less money than the fantasy 5 payout on the same evening?

Thoughts anyone?

* Have a Great Hump Day everyone.

You're forgetting taxes, the winner will get paid a little over 75 thousand while the Florida winner will walk away with almost 10 times that amount.
noise-gate

* In hot pursuit of $ *

White Shores- California
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December 12, 2012
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Aug 10, 2016, 3:24 pm

Quote: Originally posted by Kingofearth on Aug 10, 2016
You're forgetting taxes, the winner will get paid a little over 75 thousand while the Florida winner will walk away with almost 10 times that amount.

No l am not forgetting about the taxes. I am quoting what the initial payout will be. Thanks for reminding us though.

* Voice of Reason *

* People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.
glisit3000

south el monte
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Aug 10, 2016, 3:44 pm

i hate the pari mutuel cali lotto system . hitting 5 numbers should be a million minimum for the odds in this game. unfortunate scenario for the person in san jose . yeah he still won 75 grand but must be bittersweet either way knowing that someone last week iirc won close to 2 million before taxes for hitting 5 numbers .
Tatototman65

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February 4, 2013
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Aug 10, 2016, 3:57 pm

If I lived in CA I wouldn't play the lottery for this very reason.

*If you live in IL and want legal regulated online poker... Click on me
*How much money could Illinois make from regulated iGaming? Click on me
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LiveInGreenBay

Green Bay
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October 15, 2015
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Aug 10, 2016, 4:17 pm

How is this legal? According to the lottery website, mega millions, hitting 5 numbers are a million dollars. Is a million a million or not? If not, then advertise it as such.

Never give up.
Saylorgirl

Indiana
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June 13, 2012
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Aug 10, 2016, 5:13 pm

Quote: Originally posted by LiveInGreenBay on Aug 10, 2016
How is this legal? According to the lottery website, mega millions, hitting 5 numbers are a million dollars. Is a million a million or not? If not, then advertise it as such.

Because California has its own rules and regulations. So yes it is legal in California to pay out parimutuel. I believe they are the only state that pays out like this!
LiveInGreenBay

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Aug 10, 2016, 5:19 pm

Quote: Originally posted by Saylorgirl on Aug 10, 2016
Because California has its own rules and regulations. So yes it is legal in California to pay out parimutuel. I believe they are the only state that pays out like this!

I still don't understand. Call me stupid I don't care. Mega millions is a multi-state game. All proceeds are accumulated with that particular lottery game fund. So how does California get to decide the payouts?

Never give up.
noise-gate

* In hot pursuit of $ *

White Shores- California
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December 12, 2012
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Aug 10, 2016, 5:37 pm

Quote: Originally posted by LiveInGreenBay on Aug 10, 2016
I still don't understand. Call me stupid I don't care. Mega millions is a multi-state game. All proceeds are accumulated with that particular lottery game fund. So how does California get to decide the payouts?

Being a resident of California l am pleased that we at least have a lottery. Its not as liberal especially in that respect. We got MM in the 80's & PB many years later. My beef, particularly with last night's drawings is that the bridesmaids prize for MM was $104K yet our very own Fantasy 5 payout was close to half a million. That's the l am trying to come to terms with. How? Something does not add up.

* Voice of Reason *

* People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.
sweetie7398

100

South Carolina
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September 30, 2005
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Aug 10, 2016, 5:40 pm

Terrible

Be persistent😊
LiveInGreenBay

Green Bay
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Aug 10, 2016, 5:51 pm

noise-gate... Have you ever considered moving to another state? You know... Out of California and somewhere into America?

Never give up.
grwurston

100

Same #'s. Different games.

United States
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April 24, 2010
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Aug 10, 2016, 6:14 pm

California practices pari-mutuel payouts, based on a California Supreme Court ruling from 1996. The California Lottery had planned to implement keno games, but had to change plans after local natives tribes attempted to sue the lottery stating that keno games were house-banked games and not lottery games. At the time, this was illegal in California. To maintain a level playing field, the California Lottery made a pari-mutuel payout format for games that would alter payout sizes for various games.