Welcome Guest
Log In | Register )
You last visited December 7, 2016, 5:34 am
All times shown are
Eastern Time (GMT-5:00)

Odd question?

Topic closed. 5 replies. Last post 14 years ago by Bug.

Page 1 of 1
PrintE-mailLink
Bug's avatar - avatar php?userid=678402&dateline=1071851147

United States
Member #788
October 15, 2002
471 Posts
Offline
Posted: March 30, 2003, 11:39 pm - IP Logged

 

Do numbers ever sell out in any of the jackpot games? Are there any business rules that would limit the amount of times a certain number could be sold?

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
    Member #1
    May 31, 2000
    23262 Posts
    Online
    Posted: March 31, 2003, 2:18 am - IP Logged

    I am not aware of any jackpot game that would sell out on combinations.

     

    Check the State Lottery Report Card
    What grade did your lottery earn?

     

    Sign the Petition for True Lottery Drawings
    Help eliminate computerized drawings!

      Bug's avatar - avatar php?userid=678402&dateline=1071851147

      United States
      Member #788
      October 15, 2002
      471 Posts
      Offline
      Posted: March 31, 2003, 4:45 am - IP Logged

       

      I wonder what the largest payout they could handle would be? Suppose something odd happened and 10,000 people matched 5 of 6 and had the powerplay option on the Powerball. I doubt they would have that kind of loot sitting around, or do they carry insurance for that? Probably not, I bet the plan would be to declare bankruptcy. Okay, I've gone off the deep end again.


        United States
        Member #379
        June 5, 2002
        11296 Posts
        Offline
        Posted: March 31, 2003, 6:01 am - IP Logged

        Jackpot games usually (if not always) have liability caps, depending on the game.

          Bradly_60's avatar - disney37
          Atlantic Mine, Michigan
          United States
          Member #416
          June 23, 2002
          1614 Posts
          Offline
          Posted: March 31, 2003, 3:33 pm - IP Logged

          Both games (mega millions and powerball) have a thing in their rules that if they get some kind of payout like that...the prizes become pari-mutual.  I think for mega millions if the payout is 300% or higher of the money took in then they will use that rule.  Hasn't happened yet....don't think it will.

          Brad

            Bug's avatar - avatar php?userid=678402&dateline=1071851147

            United States
            Member #788
            October 15, 2002
            471 Posts
            Offline
            Posted: April 1, 2003, 12:51 pm - IP Logged

             

            Thanks Brad-60. I bet that rule has discouraged a bunch of psychics away from the game.