New Mega Millions Lottery is a Ponzi Scheme

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Mega Millions Lotto is a Ponzi scheme with the new odds. As of Oct 19, 2013. The odds to win the jackpot is 1 in 259 million compared to the old 1 in 176 million. With those odds the Mega Millions Lottery is virtually impossible to win (my two cents).

Below are the list of changes

The field of numbers from which to choose will change from 1 to 56 to 1 to 75.
The Mega number field will change from 1 to 46 to 1 to 15
The overall odds of winning a prize will change from 1 in 40 to 1 in 15
The odds of winning the jackpot will change from 1 in 176 million to 1 in 259 million
The jackpot annuity payout time will change from 26 years to 30 years..

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    Mega Millions Lotto is a Ponzi scheme with the new odds. As of Oct 19, 2013. The odds to win the jackpot is 1 in 259 million compared to the old 1 in 176 million. With those odds the Mega Millions Lottery is virtually impossible to win (my two cents).

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