Bigger Small Prizes or Bigger Jackpots?Prev TopicNext Topic

• Colin F

  Australia
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  December 22, 2003
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  May 20, 2004, 5:39 am

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  Recently in my State of NSW, Australia they changed from a 6/44 with 2 Bonus Numbers to a 6/45 with 2 Bonus Numbers. Apparently, there was some pressure from the larger Jackpot prizes of competing Lotto games. In the process they increased the ticket price slightly but rather than meeting the Jackpot prizes of other Lotto games head on they adopted a different approach which I think is an improvement.

  The prizes are for 3 and a Bonus Number, 4, 5, 5 and a Bonus Number and the 6. Cost of an ordinary ticket is 30c with as before a double-up on the first 4 prize categories for 15c extra. But rather than carrying the 1st prize forward to the next draw, if it does not go off the funds are distributed to the lower prizes.

  What this means is for a 3 plus Bonus you have a guaranteed $10. If you paid for the double-up then you get at least $20 and if there is no 1st Prize winners then you have a guaranteed $20 plus the double up- so around $40 or more.

  For the 4 the basic prize is a guaranteed $20, 5 around $750, 5 plus Bonus around $8,750 plus the rolldown or double-up if applicable.

  Is this the way to go?
• st.germain

  

  chicago ill.
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  May 20, 2004, 8:26 am

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   Sounds good , hope you win.
• desparado

  Johannesburg
  South Africa
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  May 12, 2004
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  May 20, 2004, 8:31 am

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  I would vote for bigger second prize
• BobP

  

  Dump Water Florida
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  June 5, 2002
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  May 20, 2004, 4:19 pm

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  I prefer at least some kind of rolldown where if the jackpot isn't won the lower tier prizes are larger.  If the Florida lotto added only two million to the pot after a rollover and put a million into the lower tier prizes I think there would be a lot more interest in the draw to draw game and we wouldn't be so dependent on giant jackpots sucking money out of the citizens all for one draw.  BobP
• DoctorEw220

  

  Yinzer Country, PA
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  March 18, 2004
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  May 21, 2004, 1:28 am

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  there are better odds of hitting a smaller prize, so make them bigger.

  I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.
• twisted

  

  New Jersey
  United States
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  September 25, 2003
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  May 21, 2004, 1:58 am

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  I only play when the jackpot gets above $100 million.  So I guess I would prefer the bigger jackpot prize.
• dragon

  San Diego
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  May 1, 2004
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  May 21, 2004, 7:06 am

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  Quote: Originally posted by twisted on May 21, 2004
  

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  I only play when the jackpot gets above $100 million.  So I guess I would prefer the bigger jackpot prize.
  

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  Why do you do that? Wouldn't $5 million make all the difference in your life? Or $1 million? $100 million is nice, but I'd happily settle for $1 million.
• desparado

  Johannesburg
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  May 21, 2004, 7:29 am

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  Quote: O
• ryanm

  

  Morrison, IL
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  May 13, 2004
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  May 21, 2004, 10:08 pm

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  Quote: Originally posted by dragon on May 21, 2004
  

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  Quote: Originally posted by twisted on May 21, 2004
  

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  I only play when the jackpot gets above $100 million.  So I guess I would prefer the bigger jackpot prize.
  

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  Why do you do that? Wouldn't $5 million make all the difference in your life? Or $1 million? $100 million is nice, but I'd happily settle for $1 million.
  

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      I suppose it's possible to live one's entire life off the starting Powerball/Mega Millions jackpot of $10 million - hell, many people don't make that much money in their lifetimes!  I would hardly change if I won the Powerball or Mega Millions jackpot, so I wouldn't need $100 million (although that would mean I would give more away to my siblings and parents).  Believe me, I would NOT go broke if I won one of those jackpots.
• hypersoniq

  

  Pennsylvania
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  April 6, 2003
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  May 22, 2004, 3:49 pm

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  I have yet to cash in a jackpot winner ,but have been there many times with lower tier prizes... so I would rather see THEM go up...

  Have an EXCELlent day!
• dragon

  San Diego
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  May 1, 2004
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  May 22, 2004, 9:54 pm

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  Winn