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bobby623's avatar - abstract

Thread Starter

San Angelo, Texas
United States
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January 31, 2003
1460 Posts
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Posted: June 17, 2017, 11:02 am – IP Logged

Details for the revised Mega Millions sport going into impact Oct 1 had been posted on the Texas Lottery website online.
The data is within the Commission conferences New Rules Section.
Maybe somebody can submit the suitable hyperlinks.
The states get richer, the deficient get poorer!!

RJOh's avatar - chipmunk

mid-Ohio
United States
Member #nine
March 24, 2001
20109 Posts
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Posted: June 18, 2017, 7:37 pm – IP Logged

Details for the revised Mega Millions sport going into impact Oct 1 had been posted on the Texas Lottery website online.
The data is within the Commission conferences New Rules Section.
Maybe somebody can submit the suitable hyperlinks.
The states get richer, the deficient get poorer!!

“The states get richer, the poor get poorer!!”

Poor folks will have to play the less expensive video games or get smarter when opting for to play the pricy ones. Wink

 * you do not want to shop for extra tickets, simply purchase a successful price ticket * 
   
             Evil Looking       

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Texas
United States
Member #55889
October 23, 2007
6468 Posts
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Posted: June 18, 2017, eight:32 pm – IP Logged

The reality is since PB greater the chances and the associated fee it incessantly grows sooner and better than MM. And it is been confirmed that the upper the jackpot, the extra tickets that promote. When the jackpot is low, price ticket gross sales are low. Look how lengthy it takes MM to develop.

I am not looking to protect what they are doing, however it’s what they have got to do to stay the video games solvent. I in point of fact assume someday at some point they simply want to mix the video games into one, and feature three attracts every week. Start the jackpot at possibly $50 million and rate $2 a price ticket. Maybe actually have a 2nd prize of $2 million, possibly even $Five million.

There are some that say the state lotto video games have higher odds. Well, Texas Lotto odds are nearly 1 in 26 million. So, yeah, that is higher than the jackpot for MM and PB, however it is nonetheless means top odds. But I might be tickled crimson to hit the million buck 2nd prize on MM or PB. At my age, it units me as much as retire, and the chances for 2nd prize is far higher than Lotto.

To every his personal.

CAN’T WIN IF YOU’RE NOT IN

A DOLLAR AND A DREAM (OR $2)

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United States
Member #164725
March 12, 2015
957 Posts
Online

Posted: June 18, 2017, eight:47 pm – IP Logged

I consider the CA Super Lotto is 1:40 million odds. It begins at $7 mil, is going up 1 million on every draw and it’s been 21 weeks since somebody has hit the jackpot.  It is going for nine months, 7 months and now Five months plus with out a jackpot. Again, it didnt use to be that means.  Second prize is all the time round 45okay and normally when there’s a winner, there are a couple of winners. It’s a run of the mill sport. Lately, they have got introduced promos of purchase Five tickets and get 1 loose. Are the lack of jackpots because of deficient price ticket gross sales? Dont know 

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San Angelo, Texas
United States
Member #1097
January 31, 2003
1460 Posts
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Posted: June 19, 2017, 10:54 am – IP Logged

Seems the Mega Millions people have discovered a brand new technique to generate income with a separate sport referred to as Just the Jackpot. JJP
A participant opting for this feature will get 2 probabilities, two performs, to win the Jackpot ONLY.
The tickets price $three. 
According to the foundations, JJP price ticket with successful secondary numbers as opposed to the jackpot is a nugatory piece of paper.
Cost to play.
$2 for the standard price ticket with probability to win the jackpot and secondary prizes.
$1 additional for the Megaplier to win a secondary prize most effective.
$three for two performs for probability to win the jackpot most effective.

Adds as much as $6 general, if a participant invests within the the entire choices.
This compares with $2 general now – $1 for normal sport, $1 extra for the Megaplier.

RJOh's avatar - chipmunk

mid-Ohio
United States
Member #nine
March 24, 2001
20109 Posts
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Posted: June 20, 2017, 12:57 pm – IP Logged

October 2017 layout/charge level alternate (From Wikipedia, the loose encyclopedia)

On October 28, 2017, the cost of a Mega Millions play will double, to $2 (the present charge of a sport of Cash4Life, Lucky for Life, or Powerball.) The first drawing beneath the brand new charge level will likely be October 31, 2017. The Mega Millions double matrix will alternate, from Five/75 + 1/15 to five/70 + 1/25.[12] The minimal jackpot will likely be raised to $40 million. The “Megaplier” choice will likely be retained, with an adjustment to its multipliers.
Prize tiers efficient October 28, 2017 (modified quantities in boldface) for a $2 base play for Mega Millions prizes no longer gained in California: 

  Five+MB Jackpot (minimal $40 million annuity or money choice)
  Five+zero $1,00zero,00zero 
  four+MB $10,00zero (these days $Five,00zero) 
  four+zero $500 
  three+MB $200 ($50) 
  three+zero $10 ($Five) 
  2+MB $10 ($Five) 
  1+MB $four ($2) 
  zero+MB $2 ($1)

The present Mega Millions prize construction allocates more or less 68 % of the prize pool for the jackpot. The October 2017 layout alternate will build up the jackpot allocation to about 75 %.
Each of the 46 Mega Millions individuals may have the selection of providing a $three two-game play (to be referred to as Just the Jackpot); a participant opting for this feature would no longer be eligible for any of the 8 lower-tier prizes. Georgia and South Dakota are a number of the lotteries that may be offering the Just the Jackpot choice.

 * you do not want to shop for extra tickets, simply purchase a successful price ticket * 
   
             Evil Looking       

RJOh's avatar - chipmunk

mid-Ohio
United States
Member #nine
March 24, 2001
20109 Posts
Offline

Posted: June 20, 2017, four:47 pm – IP Logged

October 2017 layout/charge level alternate (From Wikipedia, the loose encyclopedia)

On October 28, 2017, the cost of a Mega Millions play will double, to $2 (the present charge of a sport of Cash4Life, Lucky for Life, or Powerball.) The first drawing beneath the brand new charge level will likely be October 31, 2017. The Mega Millions double matrix will alternate, from Five/75 + 1/15 to five/70 + 1/25.[12] The minimal jackpot will likely be raised to $40 million. The “Megaplier” choice will likely be retained, with an adjustment to its multipliers.
Prize tiers efficient October 28, 2017 (modified quantities in boldface) for a $2 base play for Mega Millions prizes no longer gained in California: 

  Five+MB Jackpot (minimal $40 million annuity or money choice)
  Five+zero $1,00zero,00zero 
  four+MB $10,00zero (these days $Five,00zero) 
  four+zero $500 
  three+MB $200 ($50) 
  three+zero $10 ($Five) 
  2+MB $10 ($Five) 
  1+MB $four ($2) 
  zero+MB $2 ($1)

The present Mega Millions prize construction allocates more or less 68 % of the prize pool for the jackpot. The October 2017 layout alternate will build up the jackpot allocation to about 75 %.
Each of the 46 Mega Millions individuals may have the selection of providing a $three two-game play (to be referred to as Just the Jackpot); a participant opting for this feature would no longer be eligible for any of the 8 lower-tier prizes. Georgia and South Dakota are a number of the lotteries that may be offering the Just the Jackpot choice.

At least no syndicate will ever take a look at purchasing all 302,575,320 conceivable combos as a result of even though it will, to damage even it must have the one successful price ticket of $7.07 Billions jackpot. Wink

 * you do not want to shop for extra tickets, simply purchase a successful price ticket * 
   
             Evil Looking       

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Thread Starter

San Angelo, Texas
United States
Member #1097
January 31, 2003
1460 Posts
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Posted: June 20, 2017, 7:22 pm – IP Logged

Given the hundreds of respectable lottery random quantity turbines in 46 states and the hundreds of self choices, it is logical to suppose that, regardless of the chances, a system in a small far flung retailer will someday factor a jackpot winner when least anticipated.
The system would possibly not  know the rest concerning the odds or the scale of the jackpot. It will merely factor the suitable choice of tickets, and transfer directly to the following buyer.
The participant who will likely be on the proper position on the proper time will likely be wealthy.
The losers will lament being losers, however they are going to be the primary in line to shop for a price ticket for the following drawing.
It’s a merciless sport, regardless of the way you have a look at it.

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Wyomissing, PA
United States
Member #161050
November 15, 2014
363 Posts
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Posted: June 21, 2017, 1:30 pm – IP Logged

Firstly, for the ones in the hunt for out the TX Lottery hyperlink:

http://www.sos.state.tx.us/texreg/archive/June162017/Proposed%20Rules/16.ECONOMIC%20REGULATION.html#16

Not most effective are the chances worse for many of the prizes, the Megaplier odds are some distance worse:

Current Megaplier Odds
2X 1:7.Five
3X 1:three.75
4X 1:Five
5X 1:2.Five

New Megaplier Odds:

2X 1:three
3X 1:2.Five
4X 1:Five
5X 1:15

Currently, the chances are tilted in want of a 5X Megaplier being drawn a lot of the time. Under the brand new laws, 5X will happen more or less 6 instances much less continuously. On the brilliant aspect, from my figuring out, the Megaplier will nonetheless multiply all decrease tier prizes, together with second; $2 million minimal with the potential of successful $Five million with 5X.

In my view, the not obligatory Just the Jackpot choice, which permits one to play for jackpot most effective ($three for 2 performs) is looking for bother. There will likely be a lot false impression and sadness of gamers who hit decrease tier prizes, particularly second and third, pondering they gained quite a lot of cash till they notice / are informed they gained 0.

While Just the Jackpot is a good suggestion, it will have to be changed to incorporate second position too. That will have to be potential (a lot of the payout for decrease tier prizes is targeted at decrease ranges) whilst nonetheless bearing in mind the JJP price-point to be stored at $three. Hopefully, somebody right here has contacts with lottery officers and will a minimum of counsel this, as a result of in a different way, it is only a topic of time earlier than a JJP participant hits second, however if truth be told wins 0, after which the tale will get all twisted round and folks get the influence MegaMillions does not all the time payout; dishonest gamers.

Personally, after October, as I already do with Powerball, I’m going to most effective play Mega Millions when the jackpot is upwards of $400+ million, and most effective taking part in a couple of tickets max. The present Mega Millions, whilst awful in comparison to the former matrix, was once nonetheless justifiable to play on occasion even at low jackpot ranges because of the $1 ($2 for MP) price-point in conjunction with a tight probability of successful a couple of greenbacks to play once more; staying motivated to even play in any respect. The new MM matrix makes it way more tricky to even win the rest.

While informal MM / PB gamers are essentially targeted at the large jackpots, most of the extra common gamers who in large part fund such massive jackpots additionally believe the decrease tier prizes, as a result of the ones are some distance much more likely to be hit. The charge build up will simply permit for upper beginning jackpots, however as with PB, jackpot enlargement will likely be some distance slower.

All in all, I am getting the sense the top is close to for MM and they are simply milking it for no matter they may be able to earlier than it is discontinued at some point. The decrease $1 price-point was once the main differentiating issue…

With MM turning into such a lot like PB, it kind of feels to inevitable they’re going to sooner or later simply be one massive jackpot Powerball sport two or thrice a week. I may simply envision PB / MM mixed sport being $three for base play and $Five for PP bonus play. With many lotteries permitting / increasing the facility to pay with debit and/or bank cards in conjunction with online subscriptions, such upper price-points change into extra possible to marketplace.

bobby623's avatar - abstract

Thread Starter

San Angelo, Texas
United States
Member #1097
January 31, 2003
1460 Posts
Offline

Posted: June 21, 2017, nine:05 pm – IP Logged

Firstly, for the ones in the hunt for out the TX Lottery hyperlink:

http://www.sos.state.tx.us/texreg/archive/June162017/Proposed%20Rules/16.ECONOMIC%20REGULATION.html#16

Not most effective are the chances worse for many of the prizes, the Megaplier odds are some distance worse:

Current Megaplier Odds
2X 1:7.Five
3X 1:three.75
4X 1:Five
5X 1:2.Five

New Megaplier Odds:

2X 1:three
3X 1:2.Five
4X 1:Five
5X 1:15

Currently, the chances are tilted in want of a 5X Megaplier being drawn a lot of the time. Under the brand new laws, 5X will happen more or less 6 instances much less continuously. On the brilliant aspect, from my figuring out, the Megaplier will nonetheless multiply all decrease tier prizes, together with second; $2 million minimal with the potential of successful $Five million with 5X.

In my view, the not obligatory Just the Jackpot choice, which permits one to play for jackpot most effective ($three for 2 performs) is looking for bother. There will likely be a lot false impression and sadness of gamers who hit decrease tier prizes, particularly second and third, pondering they gained quite a lot of cash till they notice / are informed they gained 0.

While Just the Jackpot is a good suggestion, it will have to be changed to incorporate second position too. That will have to be potential (a lot of the payout for decrease tier prizes is targeted at decrease ranges) whilst nonetheless bearing in mind the JJP price-point to be stored at $three. Hopefully, somebody right here has contacts with lottery officers and will a minimum of counsel this, as a result of in a different way, it is only a topic of time earlier than a JJP participant hits second, however if truth be told wins 0, after which the tale will get all twisted round and folks get the influence MegaMillions does not all the time payout; dishonest gamers.

Personally, after October, as I already do with Powerball, I’m going to most effective play Mega Millions when the jackpot is upwards of $400+ million, and most effective taking part in a couple of tickets max. The present Mega Millions, whilst awful in comparison to the former matrix, was once nonetheless justifiable to play on occasion even at low jackpot ranges because of the $1 ($2 for MP) price-point in conjunction with a tight probability of successful a couple of greenbacks to play once more; staying motivated to even play in any respect. The new MM matrix makes it way more tricky to even win the rest.

While informal MM / PB gamers are essentially targeted at the large jackpots, most of the extra common gamers who in large part fund such massive jackpots additionally believe the decrease tier prizes, as a result of the ones are some distance much more likely to be hit. The charge build up will simply permit for upper beginning jackpots, however as with PB, jackpot enlargement will likely be some distance slower.

All in all, I am getting the sense the top is close to for MM and they are simply milking it for no matter they may be able to earlier than it is discontinued at some point. The decrease $1 price-point was once the main differentiating issue…

With MM turning into such a lot like PB, it kind of feels to inevitable they’re going to sooner or later simply be one massive jackpot Powerball sport two or thrice a week. I may simply envision PB / MM mixed sport being $three for base play and $Five for PP bonus play. With many lotteries permitting / increasing the facility to pay with debit and/or bank cards in conjunction with online subscriptions, such upper price-points change into extra possible to marketplace.

Texas needed to take care of a identical downside with All or Nothing.
There is not any pay out for matching Five, 6 and seven of the 12 integers drawn.
Of route, those three fits arrive extra continuously than those who pay.
The lottery overlooked the uproar.
Eventually, gamers learned that there would not be a metamorphosis in prize construction.
They authorized the sport laws or spent their cash in different places.
I do not consider MUSL goes to be burdened into converting the prize line-up.

bobby623's avatar - abstract

Thread Starter

San Angelo, Texas
United States
Member #1097
January 31, 2003
1460 Posts
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Posted: June 27, 2017, nine:56 am – IP Logged

The mins of the June 1 Texas lottery fee assembly have  been launched.
Two main adjustments, as opposed to the main points of the revised Mega Millions matrix and prize schedules.

1. Texans who win jackpots can declare their wins anonymously. 
2. The implementation date for the revised MM sport is Oct. 31 as a substitute of Oct 1, as was once introduced previous.
Sales start Oct. 28.

Commissioners brazenly bragged about how making MM tougher to win will spice up their income.
They known that gross sales will lag to start with however that lottery gamblers are so grasping that they’re going to sooner or later get started spending
massive sums to win.

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Philadelphia, PA
United States
Member #153774
March 24, 2014
2343 Posts
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Posted: June 28, 2017, 10:37 am – IP Logged

The subsequent query is that this.  How other will the multiplier be?   The powerball one stinks.  Powerball was once just right and that needed to be modified.

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United States
Member #93164
June 23, 2010
1795 Posts
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Posted: June 28, 2017, 11:29 pm – IP Logged

Good success to the gamers on this new matrix beginning this Halloween!

I’m hoping that one $2 price ticket is the one one that fits all Five numbers plus the Powerball to win the biggest Powerball Jackpot in United States historical past of over $2 Billion Dollars!

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Egg Harbor twp.south Jersey shore
United States
Member #112968
June 29, 2011
3994 Posts
Offline

Posted: July 11, 2017, 10:03 am – IP Logged

Firstly, for the ones in the hunt for out the TX Lottery hyperlink:

http://www.sos.state.tx.us/texreg/archive/June162017/Proposed%20Rules/16.ECONOMIC%20REGULATION.html#16

Not most effective are the chances worse for many of the prizes, the Megaplier odds are some distance worse:

Current Megaplier Odds
2X 1:7.Five
3X 1:three.75
4X 1:Five
5X 1:2.Five

New Megaplier Odds:

2X 1:three
3X 1:2.Five
4X 1:Five
5X 1:15

Currently, the chances are tilted in want of a 5X Megaplier being drawn a lot of the time. Under the brand new laws, 5X will happen more or less 6 instances much less continuously. On the brilliant aspect, from my figuring out, the Megaplier will nonetheless multiply all decrease tier prizes, together with second; $2 million minimal with the potential of successful $Five million with 5X.

In my view, the not obligatory Just the Jackpot choice, which permits one to play for jackpot most effective ($three for 2 performs) is looking for bother. There will likely be a lot false impression and sadness of gamers who hit decrease tier prizes, particularly second and third, pondering they gained quite a lot of cash till they notice / are informed they gained 0.

While Just the Jackpot is a good suggestion, it will have to be changed to incorporate second position too. That will have to be potential (a lot of the payout for decrease tier prizes is targeted at decrease ranges) whilst nonetheless bearing in mind the JJP price-point to be stored at $three. Hopefully, somebody right here has contacts with lottery officers and will a minimum of counsel this, as a result of in a different way, it is only a topic of time earlier than a JJP participant hits second, however if truth be told wins 0, after which the tale will get all twisted round and folks get the influence MegaMillions does not all the time payout; dishonest gamers.

Personally, after October, as I already do with Powerball, I’m going to most effective play Mega Millions when the jackpot is upwards of $400+ million, and most effective taking part in a couple of tickets max. The present Mega Millions, whilst awful in comparison to the former matrix, was once nonetheless justifiable to play on occasion even at low jackpot ranges because of the $1 ($2 for MP) price-point in conjunction with a tight probability of successful a couple of greenbacks to play once more; staying motivated to even play in any respect. The new MM matrix makes it way more tricky to even win the rest.

While informal MM / PB gamers are essentially targeted at the large jackpots, most of the extra common gamers who in large part fund such massive jackpots additionally believe the decrease tier prizes, as a result of the ones are some distance much more likely to be hit. The charge build up will simply permit for upper beginning jackpots, however as with PB, jackpot enlargement will likely be some distance slower.

All in all, I am getting the sense the top is close to for MM and they are simply milking it for no matter they may be able to earlier than it is discontinued at some point. The decrease $1 price-point was once the main differentiating issue…

With MM turning into such a lot like PB, it kind of feels to inevitable they’re going to sooner or later simply be one massive jackpot Powerball sport two or thrice a week. I may simply envision PB / MM mixed sport being $three for base play and $Five for PP bonus play. With many lotteries permitting / increasing the facility to pay with debit and/or bank cards in conjunction with online subscriptions, such upper price-points change into extra possible to marketplace.

Agree w/ all this, particularly the section a couple of JJP participant hitting on second and getting a large fats ZERO !

Extraordinary Popular Delusions & the Madness of Crowds    — Charles Mackay  LL.D.

Updated: August 19, 2017 — 11:54 pm

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