NY Gaming Commission Makes It Harder to Win the Powerball
In slightly disappointing news for Powerball players, the chances of hitting the jackpot just decreased from 1 in 175,223,510 to 1 in 292,201,338.
If that wasn’t bad enough, jackpots will now be far smaller than in the past. This is because the New York State Gaming Commission just changed the rules to make the lottery more self-supporting. The amount of money being placed into jackpots will drop from 68% of the Gaming Commission’s total budget to 64%.
The Gaming Commission will be increasing the numbers to choose from in the first set to 69 and decreasing the numbers to choose in the second set to 26. These new odds are set to begin on October 4th just before the drawing on October 7th. The change is due to two reasons. Firstly that 36 states take part in the Powerball which was creating jackpots that were unsustainable for the Gaming Commission and secondly because over all Powerball ticket sales are declining.