The key is just buy the basic ticket... don't pay the extra dollar for the multiplier... it doesn't multiply the grand prize anyway... go for the big one!
> The key is just buy the basic ticket... don't pay the extra dollar for the > multiplier... it doesn't multiply the grand prize anyway... go for the big one!
yep... and random is just as good as bothering to sit there and play the same numbers every time...
~3% chance of winning anything and the odds on the big prize are miniscule. The odds in Vegas are better.
What kills me are the people who buy 1000 dollars in tickets thinking they are increasing their odds by some big amount.
I just figured the more I play I would at least get better at it
> The key is just buy the basic ticket... don't pay the extra dollar for the > multiplier... it doesn't multiply the grand prize anyway... go for the big one!
It seems to me that the multiplier is worth it, at least as much as anything to do with lottery tickets is worth it. You're way, way more likely to hit for a smaller prize, so it's more likely to apply than not.
> yep... and random is just as good as bothering to sit there and play the same numbers > every time...
I'm always tempted to play a string of consecutive numbers. It's statistically no less likely than anything else, and if you hit you'd be the guy who won by playing 1-2-3-4-5-6 or whatever.
"Trouble" is (ankle pop!) relative, though. Some of the lotteries (I don't know about Powerball in particular, having never played any of them) have a subscription service. You set it up once, and give the LC your money in perpetuity. If it's money you don't need to feed and clothe yourself and your children, go on, maybe you'll get lucky.
If you do, remember that I'm the one who gave you that great advice, and send a couple million my way.
> What kills me are the people who buy 1000 dollars in tickets thinking they are increasing their odds by some big amount.
Actually the odds of hitting the grand prize are 1 in 175,223,510
Prizes routinely get up over that number…
Counting taxes and other factors though, at some point it would be a guaranteed payoff to buy every single number combination, and take home the grand prize guaranteed (provided you could afford to do that in the first place… takes money to make money… oh, and pray you don't have to split it with another winner).
Fingering they cut the winnings about in half when you take the cash option, and guestimating about 50% tax rate… you'd have to wait for a kitty of about 700 million… the largest ever was 30 March 2012 of 636 million.
But if it ever gets up over 700 million, I say we all get together and do this… and then split the profits… so, doing the math, probably about 70 of us… divided into 700 million, so… who's good for 10 million up front for the hope of turning that into 1/70th of maybe another million dollar profit after taxes and expenses?
> You know I keep playing this game but can not seem to get any better at it. Anyone > have the cheat codes or a lets play video of it?
The lottery is a tax on the mathematically challenged.
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I am just a worthless liar.
I am just an imbecile.
I will only complicate you.
Trust in me and fall as well.
Gee, how do people become so delusional, and how did he manage to spend 26 years on it? I mean, the delusional people kicked off talent shows like X Factor, Idol and Got Talent are bad enough, but this guy takes it to another level. I feel sorry for his wife.
> Gee, how do people become so delusional, and how did he manage to spend 26 years on > it? I mean, the delusional people kicked off talent shows like X Factor, Idol and Got > Talent are bad enough, but this guy takes it to another level. I feel sorry for his > wife.
It always strikes me that the *only* difference between the deluded nutjobs and the next big superstar is talent. In other words, I really think people who are brilliant are no better at assessing themselves objectively than the people who are crap. It just happens that they are good, so all of their dedication and self confidence is justified.
> > Gee, how do people become so delusional, and how did he manage to spend 26 years on > > it? I mean, the delusional people kicked off talent shows like X Factor, Idol and Got > > Talent are bad enough, but this guy takes it to another level. I feel sorry for his > > wife. > > It always strikes me that the *only* difference between the deluded nutjobs and the > next big superstar is talent. In other words, I really think people who are brilliant > are no better at assessing themselves objectively than the people who are crap. It > just happens that they are good, so all of their dedication and self confidence is > justified.
But the ones who build successful businesses around their crazy ideas usually start doing it part time, while keeping their day job. Then when they've built a business out of it they start doing it full time. This guy sold everything, staked his whole life on an appearance on a TV show. That's just stupid.