Welcome Guest
Log In | Register )
You last visited December 2, 2016, 12:53 pm
All times shown are
Eastern Time (GMT-5:00)

Something definitely wrong with this lottery payout..Yikes.

Topic closed. 25 replies. Last post 4 months ago by Drenick1.

Page 2 of 2
4.84
PrintE-mailLink
HoLeeKau's avatar - YheaShea
Idaho
United States
Member #94283
July 17, 2010
2284 Posts
Offline
Posted: August 10, 2016, 6:23 pm - IP Logged

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?

Only the jackpot is accumulated nationally.  The 2nd prize on down comes from state funds.  So if one state sells a 2nd prize ticket, it comes from that state's reserves.  Some states will have a negative reserve if they sell too many non-jackpot winners in a short time frame, but California has decided they will not pay out more than they have after the promised X percent is paid to education.  When they implemented the lottery they promised that X percent would go to education first and the rest goes to prizes.

    noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
    Bay Area - California
    United States
    Member #136477
    December 12, 2012
    4101 Posts
    Offline
    Posted: August 10, 2016, 6:47 pm - IP Logged

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

    A State lottery does not America make. This is a beautiful State,  4 hours from the Bay Area to skiing, l am talking powder. I think we the 7th largest economy in the world. We have Disneyland, the most gorgeous women in the world, sunshine, a drought but l wouldn't trade it for Wisconsin or Nebraska if that's what you asking. 

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

      Unluckyone's avatar - lib

      United States
      Member #176419
      August 4, 2016
      106 Posts
      Offline
      Posted: August 10, 2016, 7:08 pm - IP Logged

      A lot of people here play for the 5+0 2nd prize payout and some say they could retire on that. Can you imagine expecting $1 million and getting 1/10th of that and you were the only one that hit it? I am just glad all the other states aren't mimicking California.

        LiveInGreenBay's avatar - driver
        Green Bay
        United States
        Member #169391
        October 15, 2015
        1237 Posts
        Offline
        Posted: August 10, 2016, 7:32 pm - IP Logged

        A State lottery does not America make. This is a beautiful State,  4 hours from the Bay Area to skiing, l am talking powder. I think we the 7th largest economy in the world. We have Disneyland, the most gorgeous women in the world, sunshine, a drought but l wouldn't trade it for Wisconsin or Nebraska if that's what you asking. 

        I lived in San Diego for about five years.  Never said anything bad about the State, its the politics that suck.  Glad you're happy there.

        Never give up.  Banana

          fja's avatar - gnome1

          United States
          Member #91
          January 19, 2002
          11904 Posts
          Offline
          Posted: August 10, 2016, 8:21 pm - IP Logged

           Since its a progressive Pay out the thing to do would be to start playing after a few draws where there is no California winner:

          This is the previous draws (08/05 payout): Last California Mega Millions winner before this was on 06/03 - so it took 17 rolls (at a very high Jackpot level to get to this payout....)

           

          California Only

          Match First 5
          +
          Match Mega Ball

          No. of
          Winners

          Prize Amount

          Total Awarded

             5 + 0

          1

          $1,844,663

          $1,844,663

             4 + 1

          5

          $3,108

          $15,540

             4 + 0

          44

          $494

          $21,736

             3 + 1

          220

          $48

          $10,560

             3 + 0

          3,044

          $8

          $24,352

             2 + 1

          5,169

          $5

          $25,845

             1 + 1

          41,328

          $2

          $82,656

             0 + 1

          105,975

          $1

          $105,975

          Total

          155,786

          $2,131,327

          "Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

            Avatar

            United States
            Member #149394
            November 30, 2013
            36 Posts
            Offline
            Posted: August 11, 2016, 12:47 am - IP Logged

            Happened again tonight, 5 +0 for $114,970

              Avatar

              United States
              Member #164725
              March 12, 2015
              336 Posts
              Online
              Posted: August 11, 2016, 6:27 am - IP Logged

              It's also based on sales.  The sales for both MM and PB have been higher than normal in that the rollovers resulted in more than $5 million and $10 million increases.  Since we dont know the sales in California we can only guess. But since California is so large, It would be unusual if the sales werent the norm or higher. Therefore, the 5/5 jackpot should also be higher.

                music*'s avatar - nw bookeep.jpg
                Happy California
                United States
                Member #157856
                August 2, 2014
                1503 Posts
                Offline
                Posted: August 11, 2016, 8:16 am - IP Logged

                 Pari-mutuel is also used at our horse track races in California.

                 Jackpots only for me and a win with the ponies.

                 I've been rich and I've been poor. Believe me, rich is better. 

                 Attributed to Joe E. Lewis and others

                  Avatar
                  Arizona
                  United States
                  Member #165073
                  March 24, 2015
                  220 Posts
                  Offline
                  Posted: August 11, 2016, 10:53 am - IP Logged

                  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?

                  They like to call MM a "multi-state" game, but actually, it's 45 separate state games which use the same numbers and pool funds for the jackpot.

                    Kingofearth's avatar - Kinnak
                    Upstate NY
                    United States
                    Member #174656
                    May 5, 2016
                    747 Posts
                    Offline
                    Posted: August 11, 2016, 12:58 pm - IP Logged

                    They like to call MM a "multi-state" game, but actually, it's 45 separate state games which use the same numbers and pool funds for the jackpot.

                    46*

                      Drenick1's avatar - villiarna
                      USA
                      United States
                      Member #152799
                      February 25, 2014
                      1090 Posts
                      Offline
                      Posted: August 12, 2016, 3:27 pm - IP Logged

                       Since its a progressive Pay out the thing to do would be to start playing after a few draws where there is no California winner:

                      This is the previous draws (08/05 payout): Last California Mega Millions winner before this was on 06/03 - so it took 17 rolls (at a very high Jackpot level to get to this payout....)

                       

                      California Only

                      Match First 5
                      +
                      Match Mega Ball

                      No. of
                      Winners

                      Prize Amount

                      Total Awarded

                         5 + 0

                      1

                      $1,844,663

                      $1,844,663

                         4 + 1

                      5

                      $3,108

                      $15,540

                         4 + 0

                      44

                      $494

                      $21,736

                         3 + 1

                      220

                      $48

                      $10,560

                         3 + 0

                      3,044

                      $8

                      $24,352

                         2 + 1

                      5,169

                      $5

                      $25,845

                         1 + 1

                      41,328

                      $2

                      $82,656

                         0 + 1

                      105,975

                      $1

                      $105,975

                      Total

                      155,786

                      $2,131,327

                      What a difference a week makes!