If you haven’t heard the news, here it is – The price of a Powerball ticket will increase from $1 to $2 from January 2012. How will this affect you as a lottery player? This article provides the truth.
First, let me start by explaining all the changes that will come with the increase in 파워볼사이트 ticket prices. For the extra dollar, you’ll get four things:
- Odds of winning the jackpot will improve from 1 in 195 million (approx) to 1 in 175 million (approx). This means that it will be easier to win the jackpot.
- Odds of winning a prize will also improve from the current 1 in 35 to 1 in 31.8. This means that it will be easier to win any prize.
- The minimum jackpot will increase from the current $20 million to $40 million. This means there will be more money on the table to be won.
- Jackpot rollovers should increase at a faster rate. This means that you will reach the massive jackpot levels at a faster rate.
The above four points are all good things. But are there any downsides? Yes there is.
First, the price of a Powerball ticket will double. It’s like 100% inflation. It’s big.
Now the odds of winning per ticket increase, but the odds of winning per dollar spent decrease. Here’s what I mean, right now, if you buy two Powerball tickets, it will cost you $2, and the odds of hitting the jackpot with two tickets would be around 1 in 97.5 million. Starting in January 2012, each ticket will cost $2 and the odds of winning with the $2 spent would be approximately 1 in 175 million. So that means your actual odds of winning, when you look at them per dollar spent, will actually deteriorate when the price of a ticket doubles in January 2012.
So really, Powerball is putting the odds forward to justify a price increase. But if you know your math, as you do now, you know that’s just not the case.
Of course, the new rules will also result in bigger jackpots which will increase at a faster rate. It is certainly a good thing if you dream of important victories.
So, as you can see, the increase in Powerball ticket prices will affect you, as a Powerball player. The price increase will bring positives and negatives. Whether the $1 price increase is worth it is up to you.
Tips for choosing your numbers and increasing payouts for Powerball and other lotto games
Chances are good that you want more cash and need a big win in the lottery jackpot. Congratulations…you are not alone. So how are you going to get this colossus bargain? Some people take a few tickets a week. Using the high win rate of a quality lottery system puts them right ahead. But that is not enough. Often you need to multi-attack to get past the roadblock of luck and increase your chances of winning.
If you look at the successes of most people in work or business, there is a common denominator among people who have reached the top. There is one thing that these groups of people do without neglect, and it is this: they take continual monumental action.
This is the equivalent of taking a large number of tickets per week against 10 tickets per week. The probability of winning increases dramatically. But of course, not everyone can or wants to go to such extremes. But there’s a lot to be said for maximizing your attempts over a wider area – chasing jumbo lottery winnings and approaching it from all angles.
Let’s take Powerball as an example. The Australian 파워볼 often hits $3 million each week. In comparison, the US Powerball jackpot often reaches over $100 million after several weeks of jackpot. The jackpot is therefore worth chasing.
Let’s look at the number of ways you can get working towards this kind of gold rush. You need to increase your activity and approach the problem from several different directions. First, to start, you need to play more frequently. USA Powerball games are held twice a week – get tickets for both games! Second, increase the number of tickets in each game and increase your chances of winning by doubling that number and more. And finally, never throw in the towel. Success is always around the corner, but You’ll never know if you quit too soon.