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Lottery economic indicator?

9 replies. Last post 21 days ago by rcbbuckeye.

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Think's avatar - lightbulb
Marquette, MI
United States
Member #20541
August 20, 2005
705 Posts
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Posted: November 1, 2016, 10:59 am - IP Logged

This is the slowest roll on the Mega Millions I can remember seeing.

Has anyone noticed any other games flailing away like MM has been doing recently?

    helpmewin's avatar - dandy
    u$a
    United States
    Member #106665
    February 22, 2011
    19754 Posts
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    Posted: November 1, 2016, 1:26 pm - IP Logged

    Mega Millions $40 Million Hurray!

    What you Think Smiley

    Let it Snow Snowman

      MaximumMillions's avatar - Lottery-013.jpg

      Germany
      Member #164603
      March 8, 2015
      604 Posts
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      Posted: November 1, 2016, 4:38 pm - IP Logged

      Maybe people are giving their state games more tries.

      California Superlotto is/was higher and has better odds, for example.

      Nolege is power.

        LottoAce's avatar - WWI Flying_Ace.gif
        N.C.
        United States
        Member #56005
        October 28, 2007
        829 Posts
        Online
        Posted: November 5, 2016, 6:27 pm - IP Logged

        Maybe, players are just tired of the high odds and low
        payouts on the lower tiers.

        "know your limitations, but excede your expectations"

          Lucky Loser's avatar - bucks
          Texas
          United States
          Member #86154
          January 30, 2010
          1648 Posts
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          Posted: November 5, 2016, 7:11 pm - IP Logged

          Maybe, players are just tired of the high odds and low
          payouts on the lower tiers.

          I agree here. With the money they move @ 2.00/play and the starting jackpot, the payouts could actually be reasonably higher which would create more excitement. Players want to know that they at least have a good chance at getting some of their money back at some point, and, actually win something one day. We all know that everyone can't win all the time but, this game could be much better in my opinion. If the decline continues, they'll be forced to make some changes which will re-ignite playership. Education is important but, so is the mechanism by which they're generating the money for education...PLAYER PARTICIPATION.

          Small games, frequent wins, and regular payouts 'cause.....

          There are seven days in the week...'Someday' isn't one of them.

          #lotto-4-a-living

            Sunglasses's avatar - nicebear
            Zaperlopopotam
            Belgium
            Member #173932
            March 26, 2016
            952 Posts
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            Posted: November 6, 2016, 10:33 am - IP Logged

            On the long run expensive games won't do good. - Me

            .
              Lucky Loser's avatar - bucks
              Texas
              United States
              Member #86154
              January 30, 2010
              1648 Posts
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              Posted: November 6, 2016, 11:01 pm - IP Logged

              On the long run expensive games won't do good. - Me

              You got that right. What the lotteries are doing is simply playing on the minds of players' idea of hitting a jackpot for one zillion dollars, okay. They're promoting higher over all jackpots to be won but, that high end jackpot will still only be won by two people at the most...usually only one. I personally think they used the players' greed against them to promote higher prices to play. Think about it for just a minute. The average player can get by with substantially less than an average $300 million +/- jackpot, man! If $50-$100 million can't satisfy you, fix all of your problems, and provide all your desires, then you prolly don't deserve to win. That's just the d*mned truth! Get over it! Let me win my own Texas lottery for $15-$20 million BEFORE TAXES and I'm good to go. For that matter, let me scratch off a cool million and I'm good to go. The reason the PB cost to play is $2 is due to the greed of players wanting to win a $1B jackpot.

              Small games, frequent wins, and regular payouts 'cause.....

              There are seven days in the week...'Someday' isn't one of them.

              #lotto-4-a-living

                RJOh's avatar - chipmunk
                mid-Ohio
                United States
                Member #9
                March 24, 2001
                19821 Posts
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                Posted: November 11, 2016, 4:10 pm - IP Logged

                On the long run expensive games won't do good. - Me

                The $1 MegaMillions tickets prove a big jackpot can be won with a dollar ticket if enough players are interested.

                 * you don't need to buy more tickets, just buy a winning ticket * 
                   
                             Evil Looking       

                  Sunglasses's avatar - nicebear
                  Zaperlopopotam
                  Belgium
                  Member #173932
                  March 26, 2016
                  952 Posts
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                  Posted: November 11, 2016, 5:56 pm - IP Logged

                  The $1 MegaMillions tickets prove a big jackpot can be won with a dollar ticket if enough players are interested.

                  You can win MegaMillions with 10 cents if you share the costs with 9 friends of family members!

                  .
                    rcbbuckeye's avatar - Lottery-043.jpg
                    Texas
                    United States
                    Member #55889
                    October 23, 2007
                    5591 Posts
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                    Posted: November 13, 2016, 10:00 am - IP Logged

                    I'm in every draw for MM, PB, and Tx Lotto.

                    With MM and PB, yeah, I'd love to win the jackpot. But a million dollar second prize would be fine too. And that's worth it for me to keep playing.

                    Right now the jackpot cash value for Tx Lotto is just over $4 million....odds are 1 in 25,827,165.

                    MM $1 million second prize....odds are 1 in 18,492,204.

                    PB $1 million second prize.....odds are 1 in 11,688,054.

                    CAN'T WIN IF YOU'RE NOT IN

                    A DOLLAR AND A DREAM (OR $2)