Because then you wouldn’t get the people who rarely play to throw money in.
The bigger jackpots incentivize those who don’t play for the “pennies” at less than 500 million. They actually reduced the odds of winning a few years ago for this exact reason.
The Euro millions has a €240M cap at which the jackpot is divided up in to the lower tier prizes if there is still no winner. The UK national lottery has a cap on roll overs at 5 where the top prize will roll down to the lower tiers if no winner remains.
Why can’t they just split it up and make it 100 $10 million prizes?
Because then you wouldn’t get the people who rarely play to throw money in.
The bigger jackpots incentivize those who don’t play for the “pennies” at less than 500 million. They actually reduced the odds of winning a few years ago for this exact reason.
If 100 people have the winning numbers then that’s what’ll happen.
They actually changed it, making it harder to win, to create these giant jackpots. The huge number draws people in.
The Euro millions has a €240M cap at which the jackpot is divided up in to the lower tier prizes if there is still no winner. The UK national lottery has a cap on roll overs at 5 where the top prize will roll down to the lower tiers if no winner remains.