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Powerball lottery jackpot hits record $365 million

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I'm ready to be the new record holder !!!!!!!!!!!!

DD

weshar75's avatar - Lottery-042.jpg

There is only two states that this record is going to land in and that is West Virginia or my favorite Oregon because none of the other jursidiction know nothing about setting records.-weshar75

mylollipop's avatar - Trek STLOGO6.png

Oh my goodness, it is Thursday and the Powerball rolled over! DanceNow I can see how people just don't realize they have won.  I just forgot last night being WEDNESDAY.  I had better pay close attention to the big SATURDAY.  Move over Jack, you won my PB in 2002!  Now I am gonna win it in 2006!  And no, I will not but a helicopter, just a Dodge Ram fully loaded 4X4 double cab.  There is gonna be a celebration Celebration [Album Version] Yahoo! Party

BabyJC's avatar - Lottery-031.jpg

I had an appointment near the state line this morning, so I bought 12 Powerball and 4 Mega Millions.  The fever is strong Smile

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Um, there's no way the jackpot can increase for Saturday because of Powerball's "share the wealth" feature. Any unexpected increase in sales will only add to the match 5 bonus pool, not the jackpot.

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Um, there's no way the jackpot can increase for Saturday because of Powerball's "share the wealth" feature. Any unexpected increase in sales will only add to the match 5 bonus pool, not the jackpot.

So? Is 365 Mil/177 Mil Cash not enough for you?

KY Floyd's avatar - sunflowers avatar.jpg

Um, there's no way the jackpot can increase for Saturday because of Powerball's "share the wealth" feature. Any unexpected increase in sales will only add to the match 5 bonus pool, not the jackpot.

It's a news story, so don't expect accuracy or you'll only be disappointed. You'll notice that the headline also calls it a record. It is the first time that Powerball will pay more than the $170 million that  Jack Whittaker won 3 years ago, but it's still about 7 million shy of the real US record, which is the Mega Millions game won in California back in mid-November. Before that the record was the $180 million paid by the Big Game and split by two winners in 2000. If PB rolls one more time, then it will be a US record, and may or may not also get the record for the largest single winner.  A single winner is the second most likely outcome for the next couple of draws.

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Hey there I play powerball in S.C. A lot of times when the jackpot is high They dont have live drawings        They say they are experiencing Tech. difficulties        Does that happen in your state also.

mylollipop's avatar - Trek STLOGO6.png

There is only two states that this record is going to land in and that is West Virginia or my favorite Oregon because none of the other jursidiction know nothing about setting records.-weshar75

West Virginia can forget!  They win, win, and win, and Jack did the 320 PB!!!  Louisiana is due for the big landing, baby, due, due, due! for the Landing; especially after Hurricane Katrina. We are due dahlin'   Me permettrez-vous de le gagner et apprécier tout le chéri ? , ¿Me dejará usted ganar y disfrutar de todo esto querido?  Then I can dance all night to the song Celebration [Album Version]Party

mylollipop's avatar - Trek STLOGO6.png

I had an appointment near the state line this morning, so I bought 12 Powerball and 4 Mega Millions.  The fever is strong Smile

Thanks BabyJC.  Every little purchase helps my jackpot. Wink

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Um, there's no way the jackpot can increase for Saturday because of Powerball's "share the wealth" feature. Any unexpected increase in sales will only add to the match 5 bonus pool, not the jackpot.

I don't believe your statement is accurate. Powerball rules state that only anything in excess of $25 million wagered for the next drawing goes to the bonus pool.

So if $50 million were wagered, $25 million would go to the jackpot and the other $25 million would go to the bonus pool. Check it out.

KY Floyd's avatar - sunflowers avatar.jpg

Um, there's no way the jackpot can increase for Saturday because of Powerball's "share the wealth" feature. Any unexpected increase in sales will only add to the match 5 bonus pool, not the jackpot.

I don't believe your statement is accurate. Powerball rules state that only anything in excess of $25 million wagered for the next drawing goes to the bonus pool.

So if $50 million were wagered, $25 million would go to the jackpot and the other $25 million would go to the bonus pool. Check it out.

Ryan has it right, and you do to, sort of. Ryanm's reference to "any unexpected increase" is about any sales beyond what it will take to generate the 365 that's advertised. If only $50 million is wagered they won't even come close to 365 because only 30% of tickets sales goes to the jackpot prize pool. The cash sum for the next drawing is almost 32 million higher than the previous draw, and requires almost $107 million in ticket sales.

The annuity prize increase is limited to 25 million, which currently requires ticket sales of about $40 million. IMNSHO, applying the cap to the annuity instead of the cash is a stupid and unfair way to do it because fluctuating interest rates mean that the increase in the cash prize will vary. Right now the cash value is just under 50% of the annuity, so a $25 million increase means the cash  option goes up by a bit more than $12 million.  If interest rates go up a few points the annuity will go up significantly and the cash value might only go up by $10 million. I think it's patently unfair that the next winner would get  $12 million from each draw's sales but a winner a few moinths up the road might only get $10 million from each. Of course if I get 5 numbers I'll be able to live with the unfairness. The PB marketing hype is clearly targeted at people foolish enough to believe that the claimed annuity prize is the number that tells you how much you might win.

MADDOG10's avatar - smoke

There is only two states that this record is going to land in and that is West Virginia or my favorite Oregon because none of the other jursidiction know nothing about setting records.-weshar75

West Virginia can forget!  They win, win, and win, and Jack did the 320 PB!!!  Louisiana is due for the big landing, baby, due, due, due! for the Landing; especially after Hurricane Katrina. We are due dahlin'   Me permettrez-vous de le gagner et apprécier tout le chéri ? , ¿Me dejará usted ganar y disfrutar de todo esto querido?  Then I can dance all night to the song Celebration [Album Version]Party

weeeeeeeeeeeeeeee....!

fxdwg's avatar - animal bear.jpg

What would be real nice if about twenty or so are lucky enough to all get a piece of the pie

Hyper

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LOTTOMIKE's avatar - Lottery-063.jpg

tennessee will come forward with a wiener.....

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Well lottomike I hope you are right, I think the little town I'm in could use some shakking up. I can see my face in the weekly journal(our New York Times).

Good luck to all that play.

mylollipop's avatar - Trek STLOGO6.png

tennessee will come forward with a wiener.....

I surely hope you are right, Mike.  A weiner, hot dog! 'cause the winners will likely come from Louisiana.Wink

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tennessee will come forward with a wiener.....

You can take that to the bank

dvdiva's avatar - 8ball

I think people forget that this the 4th or 5th largest jackpot not the largest jackpot. It's not a question of if the prize is big enough it's a question of does the prize offered reflect what you actually get.

I'll be buying tickets anymore than a 300 million megamillions or a 175 million Euromillions both of which would be about the same as this prize (excluding the tax-free bonus of Euromillions). 

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Euromillions is not tax free if you live in the United States though. You still get taxed on it from the US.

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It would be nice to see North Dakota finally break their long PB losing streak of winning a PB Jackpot. In addition, ND won't have to pay additional sales tax on top of federal tax.

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I'm ready to be the new record holder !!!!!!!!!!!!

DD

HAPPY FRIDAY "DD"....

No Pity! and now, where have I heard that before..?????lololololololoolollolll

hey look, I'll be nice to you, because I'm still waiting for your Acccount Number...lololoolloll

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It would be nice to see North Dakota finally break their long PB losing streak of winning a PB Jackpot. In addition, ND won't have to pay additional sales tax on top of federal tax.

HAPPY FRIDAY "JUST"

HEY...it would be nice to see "anyone in the Metropoitan area" win the PB.......

AS usual everyone in the Mid-west is making money....what happens to the Players in the Nations Capital....home of the "Interesting Politicians"......?????

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I'm ready to be the new record holder !!!!!!!!!!!!

DD

HAPPY FRIDAY "DD"....

No Pity! and now, where have I heard that before..?????lololololololoolollolll

hey look, I'll be nice to you, because I'm still waiting for your Acccount Number...lololoolloll

And a very happy Friday to you Libra !!! 

Hey, I might just shock you one of these days !!

You know, the power of positive thinking.......

I already gave you the account # , but just in case here it is again:

*** *** *** ****

Good luck!!!!

DD 

 

fxdwg's avatar - animal bear.jpg

OK y'all go ahead and plan for your powerball...... just let me take the MM or the second tier will also be OK ! good luck all.

White Bounce

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Hey - Cash 5 would be an improvement for me! Then I could buy tons of PB rollover tickets!

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I'm ready to be the new record holder !!!!!!!!!!!!

DD

HAPPY FRIDAY "DD"....

No Pity! and now, where have I heard that before..?????lololololololoolollolll

hey look, I'll be nice to you, because I'm still waiting for your Acccount Number...lololoolloll

And a very happy Friday to you Libra !!! 

Hey, I might just shock you one of these days !!

You know, the power of positive thinking.......

I already gave you the account # , but just in case here it is again:

*** *** *** ****

Good luck!!!!

DD 

 

HAPPY  POWERBALL DAY.."DD".....2/18/2006

IT MUST BE A GREAT DAY....No Snow(but you've never seen that before anyway)..No Rain, No Sleet, No Hurricanes or Typhoons....and minnie me is going down to the border of the Nations Capitol to purchase PB Tickets, today......that's right, I have no excuses today....the weather is good, cold, but good just the same....and I am using my personal number series for the.........

...BIG EVENT$$$$$$$$$$$36500000000, like a Sexy Man, I can't  resist this time. And, I am proud of my number series too. I really worked on it, NO "QP" for me, only originals....

ohhhh.thanx again for the Account Number, but if I WIN BIG TONIGHT...I may not need it..LOLLO

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HAPPY POWERBALL DAY......2/18/2006....

TO ALL MY FAVORITE "LP MEMBERS".....We all deserve to win this, but sharing the "kitty" is much better....I don't even mind standing on line w/you....it's nice to know, that we'll all be on line together in our own States, Counties, Cities & Towns......This is a chance of a lifetime.....

Whoever wins this "kitty"was intended to win and I say CONGRATS TO YOU, wherever you are. Yes, I am happy for you because picking the right series of numbers, and waiting on lines is not easy....GOOD LUCK TO ALL OF US TONIGHT........

(BTW) ....CPS....you would be proud of my numbers if you were here, they are excellent. really

See Ya!

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Hey - Cash 5 would be an improvement for me! Then I could buy tons of PB rollover tickets!

HAPPY SATURDAY..."CHEWIE"...2/18/2006

winning more than $10.00 would be an improvement for me..Wink...lolololololololol

..

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