U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 12-17-2013, 01:08 PM
 
26,913 posts, read 17,868,240 times
Reputation: 10648

Advertisements

Quote:
The Mega Millions jackpot inched toward a US lottery record Monday as it soared to $586 million amid a frenzy of ticket purchases, raising the possibility that the prize could pass the once-unthinkable $1 billion mark by Christmas Eve should nobody win before then.

Mega Millions jackpot on track to set lotto record: Mega Millions hits $586 million - CSMonitor.com
I very seldom even bother to purchase a lottery ticket, but does anyone else agree that if the jackpot goes above a certain amount, there should be more than one set of winning numbers chosen? Has the greed virus gotten to the point that winning a million or a few million is not good enough? The odds of winning are so small that picking more than one set of numbers at least gives more people a chance to win and makes the terrible odds a bit more reachable.
Quick reply to this message

 
Old 12-17-2013, 01:11 PM
 
Location: Tyler, TX
15,208 posts, read 18,572,827 times
Reputation: 8067
That's insane (suggesting that they pick more than one set of winning numbers). It's no different than a person buying two tickets - they have two chances, either way. If people want better odds, then they should either buy more tickets, or not play at all.
Quick reply to this message
 
Old 12-17-2013, 01:14 PM
 
11,770 posts, read 8,809,263 times
Reputation: 3435
The lottery isn't supposed to be reachable, it's supposed to be a tax on stupidity with proceeds going to fund education. It would be nice if the lottery had reasonable odds though, but the payoff wouldn't be as large if that was the case.
Quick reply to this message
 
Old 12-17-2013, 01:14 PM
 
7,008 posts, read 6,116,968 times
Reputation: 6986
People who buy lottery tickets are suckers.
You'd be better off using your $50 on scratch tickets at least you'd win a few bucks.

Disturbing Facts About State Lotteries: They Prey on the Poor and Trash the Economy, and Political Leaders Don't Care (Hard Times USA) | Alternet

yes I'm quoting the radical left-wing nutterbutter blog Alternet
Quick reply to this message
 
Old 12-17-2013, 01:48 PM
 
Location: it depends
6,073 posts, read 5,450,282 times
Reputation: 5773
Wow, sick, you are one dedicated income redistributor--any time, in any context, regardless of whether the 1%'er got it by being lucky in a lottery, or built it himself.

You win the prize for Most Consistent Poster.

But in answer to your question, I believe they ought to pay out the prizes in accordance with the stated public rules.
Quick reply to this message
 
Old 12-17-2013, 02:09 PM
 
69,360 posts, read 56,586,093 times
Reputation: 9370
Quote:
Originally Posted by sickofnyc View Post
I very seldom even bother to purchase a lottery ticket, but does anyone else agree that if the jackpot goes above a certain amount, there should be more than one set of winning numbers chosen? Has the greed virus gotten to the point that winning a million or a few million is not good enough? The odds of winning are so small that picking more than one set of numbers at least gives more people a chance to win and makes the terrible odds a bit more reachable.
I find it funny that you dont equate to taking someones ability to "win" as much as they can, as greedy, which is exactly what you just did..
Quick reply to this message
 
Old 12-17-2013, 02:10 PM
 
69,360 posts, read 56,586,093 times
Reputation: 9370
Quote:
Originally Posted by renault View Post
People who buy lottery tickets are suckers.
You'd be better off using your $50 on scratch tickets at least you'd win a few bucks.

Disturbing Facts About State Lotteries: They Prey on the Poor and Trash the Economy, and Political Leaders Don't Care (Hard Times USA) | Alternet

yes I'm quoting the radical left-wing nutterbutter blog Alternet
That depends..

Since the odds of winning is something like 1 in 212 million, if one had $212,000,000 and could afford to purchase every single possible combination, thereby guaranteeing them a win, and thus returning one would hope to be upwards of $350,000,000 (i.e., $586 million + your $212M in new ticket purchases, and assuming another individual shared the winnings),

this equates to one heck of a return and not at all a sucker gamble..
Quick reply to this message
 
Old 12-17-2013, 02:11 PM
 
36,835 posts, read 19,622,568 times
Reputation: 8084
Damn right I'm buying a few tickets...why not..
Quick reply to this message
 
Old 12-17-2013, 02:12 PM
 
69,360 posts, read 56,586,093 times
Reputation: 9370
Quote:
Originally Posted by swagger View Post
That's insane (suggesting that they pick more than one set of winning numbers). It's no different than a person buying two tickets - they have two chances, either way. If people want better odds, then they should either buy more tickets, or not play at all.
haha, the fact that this needs explained to some individuals, who happen to be the loudest posters here who try to pretend to explain economics to us, is histerical..
Quick reply to this message
 
Old 12-17-2013, 02:13 PM
 
Location: North America
19,717 posts, read 12,808,007 times
Reputation: 8373
meh...
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:
Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top