The Powerball jackpot has soared to an estimated $1.04 billion after no tickets matched all six numbers in Saturday night’s drawing.

Saturday night’s drawing produced white balls 19, 30, 37, 44 and 46 and red Powerball 22.

The $1.04 billion prize – an estimated $478.2 million in cash value – is the second-largest jackpot this year, topped only by a $1.08 billion prize won on July 19 by a ticketholder in California.

  • DadWagonDriver@lemm.ee
    link
    fedilink
    English
    arrow-up
    18
    ·
    1 year ago

    So are PowerBall and Mega Millions now rigged to make sure that the jackpot always hits $1B before a winner is drawn?

    • Got_Bent@lemmy.world
      link
      fedilink
      arrow-up
      39
      ·
      1 year ago

      Rigged in the sense that they intentionally made the odds so long as to almost ensure it would routinely go weeks and weeks without a winner. So yes, it is by design.

      • guyrocket@kbin.social
        link
        fedilink
        arrow-up
        15
        ·
        edit-2
        1 year ago

        They changed this some years ago. Odds used to be better, they made them worse on purpose to get bigger jackpots.

        Which makes it less worthwhile to play, IMHO. Odds were horrible before the change and now they’re WORSE? No thanks.

        ETA: I have not done it in a while, but I might buy a ticket for fun. It is worth a few dollars just to dream a little.

        • HooPhuckenKarez@kbin.social
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          I bought a Powerball ticket the first time it hit a billion. I found out why later that day. I knew it was a waste to begin with, but it kinda pissed me off. 2006ish(?), turns out making the odds even worse drives up jackpot.

        • perviouslyiner@lemm.ee
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          So is it optimal strategy to never play on a new (non rolled over) session? Seems like a bit of a prisoners’ dilemma if everyone realises that

    • Fredselfish@lemmy.world
      link
      fedilink
      arrow-up
      6
      ·
      1 year ago

      I was told years ago when I worked at a convince store our loto rep said white balls coming out of the machine are fake it never random. They decide when it pays out. He claims it only pays out when they earn double what will be paid out. This back when loto got up to like 4 million. So they would earn 8 and then give the illusion that the white balls came out and gave a winner.

      He says they preload the winning numbers. Since it all electronic they can keep people from winning for as long as they want because they know all numbers submitted.

    • CeruleanRuin@lemmings.world
      link
      fedilink
      English
      arrow-up
      5
      ·
      1 year ago

      I imagine their sales go up fast when so-called “news” outlets (like this community) report that it’s hit that level.

      Never mind that it makes your already infinitesimal odds of winning even smaller, when the regular jackpot would already be a life-changing amount of money. People who only buy tickets when the jackpot goes up are just falling even harder for the scam than those who buy when the jackpot is “low”.

      • evatronic@lemm.ee
        link
        fedilink
        English
        arrow-up
        8
        ·
        1 year ago

        The odds of winning don’t change based on the number of people who buy tickets.

      • Astroturfed@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        The odds of winning are always the same, so why are the ones buying tickets less often falling for the scam harder? It’s dumb too, but conceptually speaking it’s a better return on investment if you win somehow.

      • canni@lemmy.one
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        The expected value of a ticket goes up. At some point it’s higher than the cost of the ticket.