Quote:
Originally Posted by Ducay
There is a reason the jackpot has been so high and is growing....they nuked the odds recently. They'd be much better off splitting it up into 130 $10M payouts (enough to live well off interest alone), but that'd hardly garner so much interest and buy-ins.
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Same thought process is why Lotto Max supplanted Lotto 6/49 as Canada's biggest lottery - the $50 million jackpot is too tempting a target. Though it is interesting as well how the number of $1 million prizes has also become a major draw for the lotto. But I don't think that system would work very well at the kind of money the Powerball is at. But could you imagine something like one $250 million jackpot and a thousand $1 million draws?