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one billion dollar jackpot!!

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ever see a chance of a billion dollar jackpot?

weshar75's avatar - Lottery-042.jpg

They have not even cleared $400 million so I said no way.

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It's gonna take some huge odds and a world-wide consortium, but we could reach a $1,000,000,000 30-year graduated annuity if we really tried. But not for while. And a billion in cash would be a laughable situation.

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My vote is for never. It would take about 25 to 30 rolls of no MM jackpot winner to get 1 Billion. I think people will win MM jackpot before it reaches 1 billion. There could be some North American jackpot record of 363 million soon, but never at 1 billion.

RJOh's avatar - chipmunk

I wouldn't think the states would gain an increase in sales after about $500,0000,000 so I think they would have a rule like PowerBall now has to spread the money among all the top prizes which might encourage more people to buy ticket for a chance to win a larger 2nd or 3rd prize.  It all depends on what level ticket sales max out for the top prize or some states might feel a billion dollar prize would be excessive and eliminate the players that are willing to spend thousands to win $500 playing pick3.  After $500,000,000 some states might even feel they could afford to keep more than 50% of ticket sales for themselves.

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  It will not happen even if Powerball and Mega Millions change their matrices two more times!!!

  In the event that does happen, both games should cap jackpots at $500 million and just spread any more money out among ALL the lower tier prizes!!

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  It will not happen even if Powerball and Mega Millions change their matrices two more times!!!

  In the event that does happen, both games should cap jackpots at $500 million and just spread any more money out among ALL the lower tier prizes!!

i agree that will probably happen.........

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I chose never, but, in 40-50 years, inflation, etc., anything could happen.  It could go to a billion, or be down to $500.00! Either way, it won't be worth as much as it was worth this morning.

P.S. Enough with the snow, I'm ready for summer!

sirbrad's avatar - Lottery-062.jpg

With inflation I think it will happen. We have done millions of things today that years ago we never thought was possible. Especially if the prices of play goes up, which I hope they do not. Many just can't seem to fathom that kind of money NOW. But as time goes on, a billion will seem like less and less. Just like a million now does. Now a trillion dollar jackpot could take awhile. The sun will most likely have burned out by then.

konane's avatar - wallace

Hey if the federal government sponsored a cash payout lottery with proceeds to pay off the national debt only, and specified all winnings to be totally tax exempt both fed and state .... I'll bet it could be done rather quickly. 

Yeah, high matrix, odds long but the lure of a high tax exempt cash jackpot would likely have money raining in from all over the world.  Big Grin Angel


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Yeah, I suppose it could happen if a national lottery were formed and players came from around the world!!

four4me's avatar - gate1

don't hold your breath!!! when the pots reach the 300 million dollar mark people start buying tickets as fast as  they can print em out, increasing the chance a winning ticket will be purchased. If and when a jackpot reaches the 500 million dollar mark. Even more people will be playing until the pot is hit. Only by some fluke that the winning combination is not drawn will the pot grow higher than 5-6 hundred million or more.   

fja's avatar - gnome1

I also think it could happen....but like everything else it wont be worth 1 billion by the time it gets here....it wasn't to long ago when jackpots of 50-80 million used to hit the news.....now its jackpots of 200-300 million before it's mentioned....15 years from now it will probably be 700-900 million....after that they'll probably raffle off a state for you to win.  (San Antonio,  Johnson)....LOLOL!

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I wouldn't think the states would gain an increase in sales after about $500,0000,000 so I think they would have a rule like PowerBall now has to spread the money among all the top prizes which might encourage more people to buy ticket for a chance to win a larger 2nd or 3rd prize.  It all depends on what level ticket sales max out for the top prize or some states might feel a billion dollar prize would be excessive and eliminate the players that are willing to spend thousands to win $500 playing pick3.  After $500,000,000 some states might even feel they could afford to keep more than 50% of ticket sales for themselves.

rj:

NY Lotto keeps at least 60% for itself regardless of the jackpot.

hypersoniq's avatar - binary

didn't pepsi do that a few times? (pepsi billions contest)

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