Wagering group Tabcorp is paying out more Powerball and Oz Lotto winners as its average top-end jackpot pools increase, attracting more gamblers and a revenue boom that could tip over $90 million.
Tabcorp said on Tuesday it had paid out more Powerball and Oz Lotto winners since it made changes to the game in April last year, up between 55 and 75 per cent, and that the average value of jackpots offered when at $15 million or more had lifted from $28.4 million in 2018 to $37.8 million this financial year.
The Powerball changes increased the chances of winning any prize from 1 in 78 to 1 in 44 by requiring players to pick seven numbers from a barrel of 35 balls as opposed to six from 40. The changes also introduced a ninth prize division.
But Tabcorp chief executive David Attenborough attributed the increase in jackpots, and therefore people playing, for Powerball and Oz Lotto to «favourable jackpot sequences», or plainly, luck.