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Old 01-06-2016, 08:37 PM   #36
Jenn
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Join Date: Oct 2000
Location: 4 hours from my favorite place
Posts: 5,366
Quote:
Originally Posted by JohnR View Post
I think we set a minimum - I like Ross's idea with a small mod.



If under 100 and no jackpot, roll into new tickets for the new jackpot.

If any ticket wins over $100,000 we split. Under 100K after taxes and divvying up payout would not be worth it. 1 million would be worth divvying up. So between 101 and #99,999 it goes to the holder of the ticket - sound fair?

Seems fair enough to me! So were up to $500 mil.

Odds from site
Match + Powerball Probability Top Prize
5 + 1 1 in 292,201,338.00* JACKPOT
5 1 in 11,688,053.52 $1,000,000
4 + 1 1 in 913,129.18 $50,000
4 1 in 36.525.16 $100
3 + 1 1 in 14,842.11 $100
3 1 in 579.76 $7
2 + 1 1 in 701.32 $7
1 + 1 1 in 91.97 $4
0 + 1 1 in 38.32 $4

* Overall odds are 1 in 24.8671
* Prizes based on a $2 wager.
* The jackpot will be divided evenly among winners.


If I counted right we have 17 in X3 numbers each which ups our overall odds to51 in 24.8671

I will also sweeten the deal. If I win the jackpot on my "non-pool" ticket I will personally buy the fishing houses for the site

Simplify.......
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