07/03 Powerball $16 Million ($9 Million Cash)Prev TopicNext Topic

• smd173

  

  United States
  Member #434
  June 30, 2002
  675 Posts
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  Jun 30, 2002, 11:43 am

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  Woah, what the heck is going on here? I realize that last night's jackpot ($14 Million/$7.9 Mil Cash) was not that large, but with PA having joined I expected the next jackpot to increase more than $2 Million!!?? Super 6 still increases by $1 Million every time it isn't hit. You mean to tell me that in 22 states and DC, there weren't enough people to play to boost Powerball more than $2 Million?
  
  Seems strange to me. When Mega Millions started in NY and OH strong sales increased the pot by $2 Million BEFORE the first drawing. I find it hard to believe that Powerball didn't sell well in PA during the first 3 days, especially with all of the commercials and news coverage.
• EZMoney

  

  United States
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  June 22, 2002
  418 Posts
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  Jun 30, 2002, 11:51 am

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  very weird. in the press release it says they sold 11.5 million tickets from thursday to sat. and the jackpot only rises 2 mil. someone help explain this/

  http://www.lotterypost.com/thread.aspx?tp=168590&q=ezmoney+powerball&rp=search&get=960653
• RJOh

  

  100

  mid-Ohio
  United States
  Member #9
  March 24, 2001
  20,272 Posts
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  Jun 30, 2002, 12:02 pm

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  Until last month, a lot of Ohioian were going to Indiana,Kentucky and West Virgina to play the Powerball, but with MegaMillion available with a bigger jackpot, those sales are staying in Ohio. Ohio's gains are a lost to nearby Powerball states. Besides, there is a limit on the amount of money people are going to spend on lottery tickets.
  
  RJOh

   * you don't need to buy every combination, just the winning ones * 

         
  
• MrHappy

  

  United States
  Member #311
  April 24, 2002
  110 Posts
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  Jun 30, 2002, 12:10 pm

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  And they seem to have had a big increase in winners too. I know:they just haven't realized it yet. Accounting errors. They must be having them same people at MegaMillions doing their jackpot/ticket sales forcast. I'm sure it's not greed! OK, I'll throw them a bone: It's a holiday week and they are afraid ticket sales may go down. Kind of weak. But then again, one little terrorist related story on this 4th of July week will keep everyone glued to their televisions. Well, hopefully Powerball will roll over at least 3 more times so we can see how much the new state added in sales/jackpot.
• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
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  Jun 30, 2002, 12:34 pm

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  The initial jackpots for MM and PB start at $10 million to give people an incentive to play. Jackpots then increase by $2 million per rollover until sales catch up to the guaranteed jackpots. THEN the pots increase according to expected sales. Summer is a slow time for lottery play; the week of July 4th has to be one of the five slowest lottery sales weeks of the year (or close to it).