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Thread ID: 141407	2015-12-13 20:34:00	Are you still buying Powerball ? I'm not	Digby (677)	PC World Chat

Post ID	Timestamp	Content	User
1412736	2015-12-13 20:34:00	I used to buy a Lotto Powerball once or twice a month. But since they dropped the Big Wednesday and added Powerball division 7 at $12 and reduced the prizes in divisions 2, 3 4, 5 and 6 I refuse to play their games. If they dropped divisions 5, 6 and 7 and allocated all that money to divisions 2, 3 and 4 those prizes would be worth having. I mean who really wants to win $20! Ar least if you won say $10,000 you could do something with it. So I am now buying one or two Bonus Bonds each month. They also have low adds, but at least I get to keep my money. What do you think?	Digby (677)
1412737	2015-12-13 20:59:00	I started buying bonus bonds to replace my lotto habit about 2 years ago, but I find I still can't resist buying tickets when the prize gets big, like the 15 million at the moment. Don't really care what the small prizes are, it's the admittedly incredibly tiny chance of winning big that's the attraction. I have stopped buying strike completely as it isn't a good enough payout to entice me. I use bonus bonds like a Xmas fund, put $20 a fortnight into it and cash it out once a year. I've only won $20 from bonus bonds once ever, never any more. I was putting more in until I realised I hadn't actually kicked the lotto habit and reduced it a bit to compensate. Bonus bonds are a bit of a pain in the butt to get set up initially though unless they have changed recently, having to fill in an actual paper form and take it in to an agent seems archaic these days :)	dugimodo (138)
1412738	2015-12-13 21:46:00	Bonus bonds are a bit of a pain in the butt to get set up initially though unless they have changed recently, having to fill in an actual paper form and take it in to an agent seems archaic these days :) Yes I went in to the ANZ and signed up - they guy was quite good, but it took a while. But now I can do it all online. Using it as an XMAS fund is a great idea. If you put that money into a savings account you would earn stuff all in one year in interest, so the chance of a big prize or even a small one is a good appeal.	Digby (677)
1412739	2015-12-13 22:20:00	You get better odds betting on the horses.. just sayin, not doin myself :-) Probably better odds on the pokies as well. Bonus bonds may be a better place to put my weekly lotto spend, whats the top prize with those ? Is it a weekly draw ? All the different options for lotto just confuse me .	1101 (13337)
1412740	2015-12-13 22:44:00	You get better odds betting on the horses.. just sayin, not doin myself :-) Probably better odds on the pokies as well. Bonus bonds may be a better place to put my weekly lotto spend, whats the top prize with those ? Is it a weekly draw ? All the different options for lotto just confuse me . Me too. Bonus Bonds prizes are monthly. there is 1 prize of $1 MILLION 1 prize of $100,000 1 prize of $50,000 Multiple prizes of $5,000, $500, $100, $50 and $20. You have to buy them in minimums of $20. What I like is that if I buy say two a month that is $480 in a year. At the end of the year I still have my $480 which I can leave there or take it out if I need it. And now with interest rates being so lo, it makes reasonable investment for smaller sums. And with inflation being virtually nil, they are not devalued like they were so ten years ago. Of course some people are good on the horses or the pokies, but I have never been a gambler.	Digby (677)
1412741	2015-12-13 22:53:00	Also note bonus bonds have a lower chance of winning than lotto, quite a bit I think. But it's offset by the fact that you can get your money back and that the bonds go into every monthly draw once you have them not just once like lotto.	dugimodo (138)
1412742	2015-12-13 23:17:00	I don't buy lotto at all. It's just another gambling con. Husband does, not always Powerball though. Recently he's gone off it. Lotto that is, not just Powerball.	pctek (84)
1412743	2015-12-14 02:48:00	Bonus Bonds you need to buy in a string and not piddly $20.00 each time. When they first came out in the 1970's we took a long string of them, suffice to say we did collect three $5,000.00 wins over a few years holding onto them. lurking.	Lurking (218)
1412744	2015-12-14 03:23:00	Bonus Bonds you need to buy in a string and not piddly $20.00 each time. When they first came out in the 1970's we took a long string of them, suffice to say we did collect three $5,000.00 wins over a few years holding onto them. lurking. Not really, you don't "Need" to buy any at all. They draw 1 number to win out of all the bonds. If you have 500 bond units your chances of winning are the same whether they are 500 random numbers or a string of 500, makes no difference at all.	dugimodo (138)
1412745	2015-12-14 05:37:00	Beg to differ on that reply dug! Given the long string solution by computer technician at CPIT back there in the 70's. lurking.	eggshell (17292)
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