![]() ![]() “Things go in and out of style,” Feldman said. ![]() Some of that reflects that Powerball drawings now are held three times a week, so overall sales are similar, but it still means that the chance someone will hit the jackpot is far less now than several years ago.Īlan Feldman, a distinguished fellow at the University of Nevada, Las Vegas’ International Gaming Institute, said that state lotteries have worked hard to keep their games lively but that it is inevitable some people will lose interest over time. That’s more than double the sales expected this Saturday. 13, 2016, when a Powerball prize reached $1.5 billion - a record then, but close to what’s up for grabs Saturday - sales were so high that 88.6% of possible number combinations were covered. Initially, the giant prizes attract giant sales. Before the jackpot odds worsened in 2015 from 1 in 175.2 million to 1 in 292.2 million, more people won the top prizes, so they didn’t grow so massive. ![]() Plenty of people buy Powerball tickets, but sales are far less than seven or eight years ago, when jackpots began to grow much larger after a change in the game’s odds. Of course, people can win when jackpots are relatively small, as the odds never change, but the fewer tickets purchased, the less likely there will be a winner. ![]()
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