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Unfolding Nature Shop: Unfolding Nature: Being in the Implicate Order

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Offlinedontknow
It's all in the reflex


Registered: 07/05/13
Posts: 3,889
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes] * 2
    #19289723 - 12/17/13 05:42 PM (10 years, 2 months ago)

Would have had a better return buying 10 burritos at the gas station :tongue2:


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Invisibleschwarg
Male


Registered: 07/15/12
Posts: 2,817
Loc: San Diego Flag
Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19289742 - 12/17/13 05:45 PM (10 years, 2 months ago)

I think it's safe to say that ALL lotteries are pretty much sucker bets.

It's a money sink for most people that play on a regular basis. Some people know an uncle or cousin that won maybe a couple hundred or maybe a thousand dollars one time, but for most people that play there's next to no return


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Edited by schwarg (12/17/13 05:51 PM)


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OfflineJonnyBtreed
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: schwarg]
    #19289747 - 12/17/13 05:46 PM (10 years, 2 months ago)

yeah, but somebody wins. And that somebody can't be you if you don't play. Its only a dollar.


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OfflineThatKidWithTheFace
R.I.P. ZIG R.I.P. Sloth
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Registered: 09/30/12
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: JonnyBtreed]
    #19289802 - 12/17/13 05:55 PM (10 years, 2 months ago)

I only buy lottery tickets when I'm out of state, and then it's purely for novelty.


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[quote]Sheekle said:
[quote]ThatKidWithTheFace said:
Is this the same aunt that fucks dogs?[/quote]
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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: ThatKidWithTheFace]
    #19289852 - 12/17/13 06:03 PM (10 years, 2 months ago)

Those used to be the odds, but they recently changed it to 259 million to one.  Also remember, the prize money has to be reduced to the cash value after taxes in order to calculate actual prize money...And the top federal rate is now 39.5%


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OfflineHappyHooligan
Tree hugger


Registered: 11/06/13
Posts: 483
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19289871 - 12/17/13 06:07 PM (10 years, 2 months ago)

My Mother is legit addicted to playing lotto... She spends a good 20 dollars a DAY on tickets... That's 140$ down the drain every fucking week!!


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Invisibleschwarg
Male


Registered: 07/15/12
Posts: 2,817
Loc: San Diego Flag
Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: HappyHooligan]
    #19289899 - 12/17/13 06:12 PM (10 years, 2 months ago)

Yeah that's a straight up gambling addiction...

Should get her some help if you can...


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Invisiblememes
Blessed


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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: dontknow]
    #19289967 - 12/17/13 06:29 PM (10 years, 2 months ago)

Quote:

dontknow said:
Would have had a better return buying 10 burritos at the gas station :tongue2:




When i went to the gas station today, i ended up buying $5 worth of handwarmers and a $5 coffee gift card for teh homeless dude out front.

i treated him, now i'm treating myself.


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InvisibleDork
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Registered: 02/20/11
Posts: 4,339
Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes]
    #19290015 - 12/17/13 06:38 PM (10 years, 2 months ago)

i predict the winning numbers are 2-14-22-36-52--7


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Invisibleschwarg
Male


Registered: 07/15/12
Posts: 2,817
Loc: San Diego Flag
Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290026 - 12/17/13 06:40 PM (10 years, 2 months ago)

let me pick your winning numbers shroomerites

1-2-3-4-5  6

it's the combination on my luggage


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Invisibletrampis
mad hatter
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Registered: 01/01/06
Posts: 3,545
Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290079 - 12/17/13 06:50 PM (10 years, 2 months ago)

Quote:

Enlil said:
Quote:

schwarg said:
You all realize that your odds of winning are at their lowest point they've been all month right? I don't understand playing the lottery only when it hits record high jackpots.



The odds are best when the jackpot is higher.  It's a sucker bet unless the jackpot is at least 800 or so million in any case, and even then, it's not a great bet because if you split the pot, you're at a disadvantage again.

Still, it's a better bet to play for a higher jackpot than a lower one.





The odds are exactly the same whether the jackpot is $50 or $500 million.

I bought one ticket for the hell of it.


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: trampis]
    #19290105 - 12/17/13 06:57 PM (10 years, 2 months ago)

The probability is the same, but the odds improve as it pays more because you're getting closer to an even bet.


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OfflineBassfreak
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Registered: 08/24/10
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290107 - 12/17/13 06:58 PM (10 years, 2 months ago)

what else do i need to know about odds of winning the jackpot?


edit - 5000th post btw


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Invisiblememes
Blessed


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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290150 - 12/17/13 07:10 PM (10 years, 2 months ago)

edit


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Offlineskatealex2
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Registered: 07/04/08
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes]
    #19290155 - 12/17/13 07:12 PM (10 years, 2 months ago)

I'm tempted to go out and buy tickets but I feel like they're likely to not win. 600 million would be pretty cool though.


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Invisibleschwarg
Male


Registered: 07/15/12
Posts: 2,817
Loc: San Diego Flag
Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes]
    #19290161 - 12/17/13 07:13 PM (10 years, 2 months ago)

number of combinations doesn't increase, but the number of jackpot winners you would potentially have to split with does


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes]
    #19290163 - 12/17/13 07:13 PM (10 years, 2 months ago)

Hence they improve...in poker, we call these "pot odds".  You're using the word odds to mean probability, but there are other meanings to the word.

Nice ninja edit, bro.


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Invisiblememes
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290165 - 12/17/13 07:14 PM (10 years, 2 months ago)

yeah thats why i edited



didnt want to get into a definitional argument with a lawyer


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes]
    #19290174 - 12/17/13 07:16 PM (10 years, 2 months ago)

Good call.  Btw, when I was 26, I developed a card counting system in blackjack...I understand odds very well.


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InvisibleDork
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Registered: 02/20/11
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290180 - 12/17/13 07:17 PM (10 years, 2 months ago)

what was it?


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Unfolding Nature Shop: Unfolding Nature: Being in the Implicate Order


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