“Then I’ll go ahead and pick up a ticket and just kind of hope for the best.When you play any slot machine, it is safe to assume that you know you might not take home any big wins.īut, what are the chances of potentially winning a jackpot on a slot machine, and what triggers the jackpot on a slot? Better yet, can you tell if or when a slot machine is going to hit?Ĭontinue reading this King Casino blog post to learn all there is to know about the odds of winning a jackpot, what happens if you hit the jackpot on a slot machine, and whether or not slot machine jackpots are random. “It’s something that I run into and maybe I’m feeling lucky,” he said. Warner said he never really expects to win but enjoys buying a ticket now and then. People also usually buy more tickets on Saturdays, which increases the chance of a winner for those drawings.Įric Warner, who also was buying tickets in Pineville, said he would immediately buy a Porsche if he won the big jackpot and then invest most of the money for himself and his community. Typically, the larger the jackpot grows, the more people play and the more combinations are covered. That means nearly 80% of the possible combinations were not selected, so the odds were pretty good that there wouldn’t be a winner. To put the immensity of that into context, note that for Monday’s drawing players across the country chose just over 20% of those possible combinations. Those odds mean there are 292.2 million possible number combinations. The game’s odds remain 1 in 292.2 million regardless of how big the jackpot is and the number of people buying tickets. That’s why the cash prize - which most winners take - would be $643.7 million.ĭO POWERBALL ODDS CHANGE BASED ON THE NUMBER OF PLAYERS? However, even though the current jackpot is advertised as $1.4 billion, the lottery has less than half that amount available for the top prize. The jackpot is based on revenue from ticket sales, so the more people who play the game, the faster the top prize grows. “It’s exciting.” HOW IS THE JACKPOT DETERMINED? “I don’t usually do this on a regular basis, but like I said, when it gets to be, what is it? I don’t even know what, over 1 billion dollars,” Groseclose said. Gale Groseclose, who was buying Powerball tickets in Pineville, North Carolina, said a $1 million prize would be plenty for her but that the Wednesday’s $1.2 billion jackpot certainly caught her attention.

A $1.2 billion Powerball jackpot will again be up for grabs Wednesday night after an 11-week stretch without a big winner, but no matter how large the prize grows the odds stay the same - and they’re terrible. Powerball lottery tickets are shown, Wednesday, Oct.

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