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Larger jackpots mean more money for the states – but also mean there are more losers.
“This is a strategy that Powerball folks use every few years to raise the odds of not winning. So it clearly is intended to raise the jackpots but at the same time is quite unfair to the player at the early stages as the jackpots build,” Richard McGowan, a Boston College business professor who studies lotteries and gambling, wrote in an email from El Salvador, where he is teaching a summer course. “This seems to be another attempt to try and build up jackpots so that the infrequent player, those [who] only play when the jackpot breaks $300 million, will play more often.”
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Serbia's state lottery is facing an investigation after one of the winning numbers appeared on television before being drawn.
During a live broadcast on Tuesday evening the fourth ball drawn was 27, but the programme mistakenly declared the number chosen had been 21.
The station immediately realised its error and added a number 27 graphic to the winning numbers; but the next ball chosen was indeed 21.
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originally posted by: intrptr
a reply to: Profusion
I'll tell you how its definitely fixed. When you 'win' you don't really win all that money. You got a choice, take small payments over time (like its a loan or something), or take 'all' now but you don't get all, you get raked for over two thirds. You don't win the Gubment and Vegas does.
Who wins the lotto
originally posted by: sprtpilot
If you think about it, by the time the Powerball or MM drawing occurs, ALL numbers printed on all tickets would be known to the "system". One can only assume (when/if) winning numbers are selected, is manipulated.
originally posted by: FamCore
a reply to: Profusion
I've always thought that if you select the "random number generator" to pick the numbers for you, that you have a much smaller chance of winning simply because they likely programmed the number generators to pick unlikely sequences of numbers to lower the chances of people winning. Perhaps my thinking is incorrect though.
Thanks for making this thread, I've always been curious about it myself
According to Powerball, Quick Picks are the most popular way of buying tickets with between 70% and 80% of players opting to do this. As you may expect from the law of averages, this means the majority of jackpot winning tickets come from Quick Picks, including the last three Powerball jackpot wins and the most recent Mega Millions jackpot win.
Unless they can rig which balls get selected, I can't see how it could be rigged.
originally posted by: intrptr
originally posted by: Snarl
It doesn't have to be rigged. The odds of winning are just that astronomically low.
The lottery is a much needed tax on people who are bad at math.
Ahhhhhhahahahahaha
Thanks Snarl. So simple yet so clever, aren't they?