Friday, August 09, 2019

Rethinking over Powerball

Rethinking over Powerball
Could you make millionaire/s in a draw; Aren't you a man of a million?


- Dwarika Prasad Shrestha
(Like a say, “where there's will, there is a way”. America has got lot of industries to produce their goods and foods. She has all sorts of man power to face any sort of bottle neck in their moving forward. America also has got 'the Lottery System' like Power Ball to manufacture Millionaire/s every week/month. Herewith is a write up, “Rethinking over Powerball” to diagnose its system after 3 decades.)
It could be a big odd, if your sincerely happened to appreciate the world known multi-State run multi-million dollar awarding lottery game – Power Ball game in the United States of America running since last three decades successfully and wonderfully. It is also obvious that the Game has made hundreds of people millionaires and also billionaires each so far in the country like America.
Yours' sincerely is a tourist from Nepal in the USA, travelled 5 times and stayed almost three years altogether. He is a fan of the game, and become the client of Powerball each time whenever he lives in USA. Thus he appraises himself because he could have contributed a little money as such, at least in those millions allocated every time to award the winner of the lottery. Powerball is sold all round the clock, all through the weeks and months almost in every state twice a week and declares its winners accordingly with an announcement of millions each time as a Grand Prize. This way, the game awards millions of dollars at least to two persons a week, 8 grand prize winners a month and 96 persons as the grand prize winners a year accordingly provided the number of lucky draw was matched to the purchased one.

It's believed that lucky chances come rarely and to the few person/s as well. The Powerball game could not have declared its Grand Prize winners since last 2/3 months. Consequently, the volume of grand prize to be allocated has been swelled up like any thing in every time week by week. Thus the Powerball opened this time a few weeks ago (in the beginning of June) with an amount of $66 millions reached up to $200 millions and more by the mid- July. The accumulated amount of dollars had to be awarded for some lucky winner as a Grand Prize. Information is missing.
So far the Powerball game has ruled over nine categories of winning as following:-
Powerball payouts:
  1. OOOOO+ O Jackpot
  2. OOOOO $1.000.000
  3. OOOO+ O $50,000
  4. OOOO $100
  5. OOO+O $100
  6. OOO $7
  7. OO+O $ 7
  8. O+O$ $4
  9. O $4
(Thanks Google)
Out of these, the only person whose ticket number matched to the first draw was entitled to win the First Prize known as 'Grand Prize'. The amount of the 'Grand Prize' award supposed to be included almost all the money collected from the total sale of the tickets sold out all through the month or more than that period. So there is only one category the First category out of nine which can win hundreds of millions of dollars as a jackpot. Whereas the amount of winning for the rest of other 8 categories are fixed and fixed for ever. They could neither be reduced nor be increased. Those winning amounts are varied from one million dollar to dollar 4.

Rethinking of the system: The writer sensed that the system needs certain changes that makes the Game more popular. Because, the present system of allocation for the prizes suggested that hundreds of millions of Dollars as a Grand Prize goes to the First winner, and a million dollars to the second, 50 thousands dollars to the Third, similarly 100 dollars to the Fourth and Fifth winners each, seven dollars to Sixth and Seventh each and four dollars to Eighth and Ninth winners each of the Game. This allocation was found very much unmatching and unjustifiable in their differences to each other.

In the meantime, the Powerball lottery has created many millionaires and billionaire as discussed above. Yet, some of those highest amount of dollars or the 'Grand Prize' winners had to face their bad fate just after a few years of their golden time. The case studies posted by the Powerball says like the one who had won $1.586 billion, other like winning $ 768.4 millions, similarly other some like winning like $754.4, $687.8 and 590.5 millions respectively had to be turned into a penniless after a few years of their golden time. Thus the situation could be improved if the Powerball had rethink over the cases. Many people, when will be awarded a huge amount of money abruptly could be a victim of his/her own ignorance or even negligence besides other reasons.

Alike the costumers of all goods of services the main costumers of Powerball are none other than the general people. They are equally eligible by all means to buy the lottery ticket against his/her pocket money $2 or 3 each. They are thus equally concerned to enjoy the award (money). The award system of the Game, in other hand could not have served maintain the respect and understanding, the people in general could have assumed for the Game due to the randomly planned allocation of the prize money in it. Therefore, certain changes in allocation of the amount for the winners of different categories found essential at least to uplift their (the winners) status after they won the prize and also to help increase the number of millionaires in the country.

Make more people winners: Million or a few millions of dollars are not the small amount. The amount easily helps to carry on the existing life style of the people, no doubt,whatever his/ her economic standard of life being is. Till now the Powerball is distributing plenty of dollars twice every week as it was discussed above. The huge amount, which comes to more than two or three hundreds of million dollars out of the total amount accumulated from the week or month long sales was awarded to single player out of thousands of its fans, whenever the number sold was found and matched with the First drawn one from the Lucky box as the First or Grand Prize winner.Therefore, the number of winners could be increased if the Game made a provision for the purpose.They could be accommodated within the big amount that is allocated to award as a Grand Prize to the first number matched one so far. Following are some of the exercises that could make the case discussed more clear. Follow the Tables as below:

To declare winners for four persons:
If its 100 Mil
If its 180 Mil
If its 240 Mil
Ranks
50.00%
90 Millions.
120 Millions
First
25.00%
45 Millions.
60 Millions
Second
15.00%
27 Millions
36 Millions
Third
10.00%
18 Millions
34 Millions
Fourth

To declare winners for five persons:
If its 100
If its 180 Mil
If its 240 Mil
Ranks
40.00%
72 Millions
96 Millions
First
25.00%
45 Millions
60 Millions
Second
15.00%
27 millions
36 Millions
Third
10.00%
18Millions
24 Millions
Fourth
10.00%
18Millions
24 Millions
Fifth

Similarly, if number of winners have to be increased up to ten persons, I believe, the amount should be awarded to ten persons equally @ ten (10) per cent each.The total amount is supposed as 100 or 100%, and the like.

Likewise, rethinking was made to be concerned with other categories of prize that needed to narrow down the existing wide discrepancy between the prizes being given to Third, Fourth and Fifth, So the amount could be $500,000 instead of 50,000 to the 3rdand & 10,000 each instead of $100; to the 4th and 5th respectively. The prize money should be increased for 6th, 7tht, 8th and 9th,,like $700 each to 6th and 7th instead of $7 only and $400 each instead of $4 only to 8th and 9th categories respectively.

There is not any discussion raised here about the process of Lucky Draw system that is prevailed for the Game. As it is said that “other things remaining the same”, the existing Lucky Draw system is better to be continued as it is.

Aren't you a Man of a Million?: However, the Multi State Lottery Game (MUSL) was applied, must be, not simply for fun sake but also for other good cause of contributing its best effort to help promote the economic activities of the State. So the game was played with a collection of negligible amount of money from people for the Lottery game.The Power ball (MUSL) has definitely played very valuable game creating Millionaire/s every week or month in the State/s. If the Game became still more popular it will help add 5 to 10 millionaires almost in every month. More millionaires more will be investment for more business and more industries as well. Likewise, more growth in economy of the country.The people then will enjoy to ask their friend a question like “ R n't U a Man of a Million ?” instead of asking like “ R U a job holder ? It could also help make the America Greater again. Like the President Trump used to say.


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