The homogeneous cooling state (HCS) of a granular gas described by the inelastic Boltzmann equation is reconsidered. As usual, particles are taken as inelastic hard disks or spheres, but now the coefficient of normal restitution α is allowed to take negative values , which is a simple way of modeling more complicated inelastic interactions. The distribution function of the HCS is studied at the long-time limit, as well as intermediate times. At the long-time limit, the relevant information of the HCS is given by a scaling distribution function , where the time dependence occurs through a dimensionless velocity c. For , remains close to the Gaussian distribution in the thermal region, its cumulants and exponential tails being well described by the first Sonine approximation. In contrast, for , the distribution function becomes multimodal, its maxima located at , and its observable tails algebraic. The latter is a consequence of an unbalanced relaxation–dissipation competition, and is analytically demonstrated for , thanks to a reduction of the Boltzmann equation to a Fokker–Plank-like equation. Finally, a generalized scaling solution to the Boltzmann equation is also found . Apart from the time dependence occurring through the dimensionless velocity, depends on time through a new parameter β measuring the departure of the HCS from its long-time limit. It is shown that describes the time evolution of the HCS for almost all times. The relevance of the new scaling is also discussed.