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Old 05-26-2022, 09:38 AM
 
408 posts, read 291,033 times
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Based on the fact it’s an easy combination to think up,

I would think the lotto would run into a messy dilemma

All other lower prizes besides the grand prize are paid fixed prize amounts per winner

For example You get 3 of 6 numbers it’s $5 payout per ticket regardless of how many prize winners. But for the grand prize there’s one payout sum split across the number of winners, not per ticket.

if 1-2-3-4-5-(6) won there would be across the country at least 5000 prize winners who were buyers everywhere across all the participating states being silly choosing the easiest combination for fun . They would split the jackpot. If you got silly and bought 100 tickets of 1-2-3-4-5-(6) it wouldn’t make you any larger a payout of the grand prize either.

If say the powerball jackpot was $100 Million split 5000 ways each winner would get only $20,000 each

But for those who get 5 out of 6 numbers I think the payout is something like $50,000 per ticket ! As for the non-grand prize , it’s no splitting it’s payout equal for each ticket right ?


In this event would you actually get screwed if you had purchased 5 tickets of 1-2-3-4-5-(6). And your friend bought 5 tickets of 1-2-3-4-5-(7)? Or does lotto allow you to claim a lower prize by saying 6 out of 6 numbers correct still has 5 matching numbers correct ? This gets interesting ?

Has powerball considered excluding lower prizes from tickets that contain certain combinations that are too frequently selected such as 1-2-3-4-5-(6)?
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Old 05-26-2022, 10:33 AM
 
700 posts, read 446,770 times
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This is what's occupying your time at this moment in your life?
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Old 05-26-2022, 10:37 AM
 
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Before taxes...
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Old 05-26-2022, 11:22 AM
 
26,191 posts, read 21,583,182 times
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Well it’s not hard to see why you have financial problems. You are wasting energy detailing winning the lottery when too many others win, what a worthwhile exercise
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Old 05-26-2022, 12:36 PM
 
Location: North Idaho
32,647 posts, read 48,028,221 times
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1,2,3,4,5 has exactly the same odds of coming up as any other number combination. The lottery makes plenty of money, so they can come up with the funds to pay off all the winners.


Really? You think that thousands of people play "1,2,3,4,5"?
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Old 05-26-2022, 12:39 PM
 
Location: North Idaho
32,647 posts, read 48,028,221 times
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You do know that the prize money is only half of the take? If the prize is $25 million to be split amongst the winners, that means another $25 million goes to the governments who are running the lottery . They can pay off all the little number winners out of their half of the $50 million that was originally spent on lottery tickets.


And they take back more than a third of the winner's $25 million in assorted taxes. There is no problem with paying all the little fish their bite.
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Old 05-26-2022, 12:55 PM
 
408 posts, read 291,033 times
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Quote:
Originally Posted by oregonwoodsmoke View Post
1,2,3,4,5 has exactly the same odds of coming up as any other number combination. The lottery makes plenty of money, so they can come up with the funds to pay off all the winners.


Really? You think that thousands of people play "1,2,3,4,5"?
The odds on guessing the winning ticket are the same for all combinations, but the odds on predicting a random person’s choice of numbers to use for play are NOT the same for all combinations

For Instance, 5 26 20 22 matching 5/26/2022 might be more picked today by more players than say 6 - 46 - 19 - 48
And odds are if 1-2-3-4-5-6 wins it’s probably a near 100% Chance that that drawing will have a relatively large number of winning ticketholders
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Old 05-26-2022, 02:53 PM
 
Location: New Jersey!!!!
19,046 posts, read 13,959,968 times
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How much money have you invested in marijuana?
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Old 05-27-2022, 05:49 AM
 
Location: northern New England
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When the local lottery started, everyone was given a voucher for a free ticket. My husband picked 1-2-3-4-5-6 and the clerk looked at him like he had an extra head. "What are the odds of THAT coming up?" he asked. And DH replied, like OR Woodsmoke, "1,2,3,4,5 has exactly the same odds of coming up as any other number combination."



I doubt a lot of people would play that combo; most are stuck on the birthdays/anniversaries/ages of family members.
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Old 05-27-2022, 06:20 AM
 
Location: MIAMI FLORIDA
308 posts, read 212,250 times
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When one of the first really heavy Florida lottery jackpots went off around 1991 or so;I remember reading that the combination 1,2,3,4,5,6, had been played over 16,500 times. That means sharing a prize with...16,500 others....before taxes...not much of an incentive?
I guess is like the people that uused the word "password" as their password.
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