this post was submitted on 01 Oct 2023
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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.

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[–] Got_Bent@lemmy.world 39 points 1 year ago (1 children)

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 15 points 1 year ago* (last edited 1 year ago) (3 children)

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.

[–] SpacePirate@lemmy.ml 11 points 1 year ago

This is what they are banking on.

[–] HooPhuckenKarez@kbin.social 2 points 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 1 points 1 year ago (1 children)

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

[–] guyrocket@kbin.social 2 points 1 year ago

Billion dollar question, my friend.