ny lotto

by **Gamb!t** » Wed Jun 30, 2004 2:22 pm

its up to 280 million.. could u imagine.. sheesh

by **Mr. Slayer** » Wed Jun 30, 2004 2:23 pm

I won!!!! Ok who are my friends.....

by **jnkcrp** » Wed Jun 30, 2004 2:57 pm

Ya...I've spent $10 on tickets so far and I can't believe I haven't won....

by **Mr. Slayer** » Wed Jun 30, 2004 3:12 pm

lol....

by **ShipWreck** » Wed Jun 30, 2004 3:33 pm

yeah its pretty crazy, friggen takes forever to get threw a line

by **Hoog** » Wed Jun 30, 2004 3:36 pm

Actually it's Mega Millions, which is a joint lottery with Virginia, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Texas and Washington.

And it's always some 70 year old person who wins who will never have enough time to spend it before the bite the big one, so don't get your hopes up

by **JimmyTango** » Wed Jun 30, 2004 3:38 pm

Originally posted by jnkcrp
Ya...I've spent $10 on tickets so far and I can't believe I haven't won....

Never buy more than one per drawing. Your chances are the same no matter if you buy 1 or 100, you just play the same odds 1 time or 100 times, either way, your chance of winning is the same.

Also, the best thing to do is not to even play. Use the money you saved by not buying tickets and buy a shovel. Then start digging holes. Your chances of winning a million bucks is about the same as digging a hole and finding a million bucks. With the later, you get exercise and after the initial investment of a shovel, it costs you not a cent more.

by **ShipWreck** » Wed Jun 30, 2004 3:46 pm

yeah its always someone that doesnt need it and just buys a quick pick. u dont see a homeless person living in a cardboard box in the ally win

by **LordShard** » Wed Jun 30, 2004 5:24 pm

Originally posted by Gamb!t
its up to 280 million.. could u imagine.. sheesh

I could finally buy that quad-opteron with 16GB of ram and a dual x800 platnium rig I've been saving up for. :rotflmao:

by **Jim0322** » Wed Jun 30, 2004 6:39 pm

Originally posted by JimmyTango
Never buy more than one per drawing. Your chances are the same no matter if you buy 1 or 100, you just play the same odds 1 time or 100 times, either way, your chance of winning is the same.

Actually you are 100 times more likely to win if you buy 100 tickets instead of just 1. However, statistically speaking, there is no significant difference between the two. When the odds are 100,000,000:1 or so, you are 99.999999% likely not to win the prize if you buy 1 ticket and if you buy 100 tickets you are 99.9999% likely not to win.

I sometimes buy one but never more than that.
Jim

by **Pierce** » Wed Jun 30, 2004 6:56 pm

Meh...the government will take a lot of it anyway

by **Mr. Slayer** » Wed Jun 30, 2004 7:06 pm

Originally posted by Pierce
Meh...the government will take a lot of it anyway

Good point.

by **LeVar Burton** » Wed Jun 30, 2004 7:22 pm

It amazes me how some people can't grasp the concept of probability. How in the hell would it not increase your odds of winning by buying more tickets? If you say the increase is so small its not worth it, then why buy even one? That makes no sense.

by **Colonel Ingus** » Wed Jun 30, 2004 7:49 pm

Buying more than one ticket does not increase your odds at all. Instead of having one 1 in 81 million chance to win you now have two 1 in 81 million chances to win. It doesn't give you a 2 in 81 million and add up.

And I just love how people bitch about "The damn gubmint gonna take a bunch of it anywho"

Lets see here, you spend a dollar for say a 100 million dollar jackpot, You decide cash and get 50 million up front. Say the government taxes it at a whopping 50%! (They don't if I understand correctly, its somewhere between 36-40& depending on state law also.) That means you end up with a measly 25 million. Who TF are you? A-Rod? 25 million not good enough for you? You need a seperate facility to handle your personal PR staff also?

You invested 1 dollar and received a 25,000,000! million times return on your investment! You are 25 MIL up from where you started!

Sheesh! some people.

by **LeVar Burton** » Wed Jun 30, 2004 7:54 pm

ARRRRRGHHHHHHHHH!!!!!!

No no no. If you're flipping a coin going for heads, the first time you flip it you have a 50% chance, but if you have two flips to get heads you have a 75% chance. I know flipping it twice doesn't give you a 2/2 chance of getting it, but it increases your chances.

Furthermore... imaging you had enough money to buy every single combination of numbers... or even enough to approach every combination... does it not increase your chances?

Take some math people.... my brains about to explode!

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ny lotto

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