JIN 1.00% $13.39 jumbo interactive limited

Jackpot, page-83

  1. 9,599 Posts.
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    @LetoMax

    no it doesnt affect the SP

    but it does (theoretically) increase JIN's revenue

    think of it like this

    normal Powerball Jackpot is approx $4 million

    last night was $12 million

    if it went off, next week would be $4 million

    because it didnt, then more people will have a punt on winning, so next week is $20 million, or $8 million more that last weeks $12 million

    so, if the jackpot rises by $8million, then effectively JIN's revenue for ticket sales (theoretically) would have doubled

    or, Ozlotto, went from $50million to $70million, so JIN's revenue for this week on Oz lotto should be 5 times normal

    does that make sense?
 
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