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Old 07-26-2017, 02:58 AM
 
Location: USA
58 posts, read 36,096 times
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Who plays the lottery? Where do you buy tickets? What is your biggest win?
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Old 07-26-2017, 11:52 AM
 
Location: Western Colorado
12,858 posts, read 16,861,175 times
Reputation: 33509
I did once, when it was half a billion dollars, didn't win. I took my ticket back for a refund and was thrown out of the gas station-KFC-Taco Bell-sushi café- truck stop.
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Old 07-26-2017, 10:10 PM
 
15,632 posts, read 24,414,293 times
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Twenty years ago I bought a lottery ticket on a whim -- first time ever -- and matched 5 numbers... all but the powerball number. Today matching 5 numbers would be worth $1,000,000 but, in those days it was worth only $2,500. I've played the lottery only occasionally since then and have won $100 three times. When I've run through the $2,500 and the $300 win amounts, I'll stop playing permanently.
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Old 07-27-2017, 12:21 AM
 
3,532 posts, read 3,017,652 times
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My dad and his wife spend about $20 a day between pick 3, 4, jackpots and scratch offs. It's literally their plan A.
No matter how much I try to explain how stupid it is... It's so bad that if I ask him what day it is, he doesn't answer Monday, Tuesday, etc. it's Mega or Powerball. I'm not even exaggerating.
They win enough to make them think the big one is coming. They hit pick 3,4, take 5 a couple times a month.
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Old 07-28-2017, 08:57 AM
 
Location: Raleigh, NC
5,870 posts, read 6,938,908 times
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Quote:
Originally Posted by hellob View Post
No matter how much I try to explain how stupid it is... .
It is stupid from the viewpoint of how bad the odds are stacked against any specific individual winning. However, there will eventually be a winner, and you have an equal chance to win as any other ticket holder.

I do play occasionally, but only with money I can afford to throw away. I usually get my money's worth in entertainment.
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Old 07-28-2017, 10:13 AM
 
3,532 posts, read 3,017,652 times
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Quote:
Originally Posted by don6170 View Post
It is stupid from the viewpoint of how bad the odds are stacked against any specific individual winning. However, there will eventually be a winner, and you have an equal chance to win as any other ticket holder.

I do play occasionally, but only with money I can afford to throw away. I usually get my money's worth in entertainment.
I agree but $20/day is excessive bc he has tons of debt that it could pay. The wife probably spends $15 of the $20. I told my dad it'd be cheaper to not buy the pick 3, 4 tickets and the times she does hit, just pay her OOP. She gives him the numbers to play so she would never know he didn't buy them and afaik, she never wins the straight so it's like $80 for pick 3, idr pick 4 but she only hits that every few months. She hits the pick 3 more.
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Old 07-31-2017, 09:53 AM
 
15,793 posts, read 20,467,632 times
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I think I've made more money by not playing the lottery, than I have by playing it
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Old 07-31-2017, 02:37 PM
 
Location: Heart of Dixie
12,441 posts, read 14,861,510 times
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Quote:
Originally Posted by BostonMike7 View Post
I think I've made more money by not playing the lottery, than I have by playing it
Someone gets it.
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Old 07-31-2017, 03:17 PM
 
Location: Raleigh
8,168 posts, read 8,518,066 times
Reputation: 10147
Default I know, if it's YOU its 100%, but . . .

Here's the thing on the odds that misleads people so badly: The possible combinations on say, pick three are 1000. But that's the total combinations the balls can come up with on a given drawing. Meanwhile your Dad/Mom/self has picked a bet, random or favorite does not matter, it is one of 1000 combinations they could pick. So their chance of having the same pick as the game is 1000 x 1000 or 1,000,000 to one.

So on a given night the chance of him winning is 1,000,000:1, not 1,000:1

The number of possible tickets on Powerball is about 292,000,000. The balls pick one of those combinations each time. The player selects a number from the same universe, at random or a favorite, does not matter, one of 292,000,000 possibilities. The chance of the two selections being the same and the chance of you as a specific individual being the winner is the product of these two numbers:
85,264,000,000,000,000:1 There are approximately
******100,000,000,000 stars in the Milky way galaxy.
"Math is hard"
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Old 07-31-2017, 03:17 PM
 
Location: In the Pearl of the Purchase, Ky
11,082 posts, read 17,525,111 times
Reputation: 44399
I'll buy a couple dollars of Mega Millions maybe twice a month. Knew a man who spent $20-$25/day on pick 3 and pick 4. Even subscribed to a book that gave all the winning numbers the month before. But had to hitchhike 15 miles to work because he didn't have the money to get his car worked on.
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