Tickets for Powerball and Mega Millions began selling on January 31, 2010 in many new States.
Since the Mega Millions jackpot of $144M was won by a Texas player last Saturday, the jackpot has been reset to the $12M minimum.
Powerball, however, was not won and the jackpot for Wednesday's drawing is $107M.
At these levels, Powerball has the clear advantage. Those on limited budgets, or who are hoping to "hit it big", need to buy Powerball. Forget the Powerplay Option for now. If you want to double up, then buy more tickets and shoot for the jackpot prize.
Since we are still working on our "When to Play Guide", we wanted to give our members & visitors a bit of encouragement for tomorrow night's Powerball drawing, and give the above advice.
Stay tuned for next weeks update, because we believe we will have completed the Guide!
Good Luck to All!
JL.......
A collection of lottery articles analyzing specific aspects of Mega Millions, Powerball, Lotto Max, Lotto 649, Euromillions, and other lottery games. Examples of topics include advice on: when to buy and play guides; rule and format changes; benefits of buying the Megaplier, Powerplay, Sizzler options; how much money the lottery keeps; cash verses annuity analysis; implied yields; lottery odds of single and multiple tickets; etc. Includes annuity and multi-ticket calculator gadgets for your use.
Tuesday, February 2, 2010
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A larger jackpot does not increase a player's chances of winning. The fact that the odds are a little better for Powerball than Mega Millions does.
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