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dontknow
It's all in the reflex


Registered: 07/05/13
Posts: 3,889
Last seen: 7 years, 4 months
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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) |
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Would have had a better return buying 10 burritos at the gas station
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The discerning heart seeks knowledge, but the mouth of a fool feeds on folly. -Proverbs 15:14
“Imagination is everything. It is the preview of Life’s coming attractions.” Albert Einstein
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schwarg



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




Registered: 08/09/10
Posts: 2,096
Loc: Northeast
Last seen: 1 year, 23 days
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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) |
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yeah, but somebody wins. And that somebody can't be you if you don't play. Its only a dollar.
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ThatKidWithTheFace
R.I.P. ZIG R.I.P. Sloth


Registered: 09/30/12
Posts: 11,904
Loc: All Good in Allgood
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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) |
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I only buy lottery tickets when I'm out of state, and then it's purely for novelty.
-------------------- Check Out My Beats SoundCloud
[quote]Sheekle said: [quote]ThatKidWithTheFace said: Is this the same aunt that fucks dogs?[/quote] u bet ur ass it is.[/quote]
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,956
Loc: Uncanny Valley
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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) |
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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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HappyHooligan
Tree hugger


Registered: 11/06/13
Posts: 483
Loc: America
Last seen: 6 years, 10 months
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
#19289871 - 12/17/13 06:07 PM (10 years, 2 months ago) |
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My Mother is legit addicted to playing lotto... She spends a good 20 dollars a DAY on tickets... That's 140$ down the drain every fucking week!!
-------------------- Do you trust the government? You may be suffering from Stockholm Syndrome.
 
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schwarg



Registered: 07/15/12
Posts: 2,817
Loc: San Diego
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: HappyHooligan]
#19289899 - 12/17/13 06:12 PM (10 years, 2 months ago) |
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Yeah that's a straight up gambling addiction...
Should get her some help if you can...
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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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) |
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Quote:
dontknow said: Would have had a better return buying 10 burritos at the gas station 
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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Dork
( . )( . )


Registered: 02/20/11
Posts: 4,339
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes]
#19290015 - 12/17/13 06:38 PM (10 years, 2 months ago) |
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i predict the winning numbers are 2-14-22-36-52--7
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schwarg



Registered: 07/15/12
Posts: 2,817
Loc: San Diego
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
#19290026 - 12/17/13 06:40 PM (10 years, 2 months ago) |
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let me pick your winning numbers shroomerites
1-2-3-4-5 6
it's the combination on my luggage
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trampis
mad hatter


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




Registered: 08/16/03
Posts: 65,956
Loc: Uncanny Valley
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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) |
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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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Bassfreak
ManBearPig



Registered: 08/24/10
Posts: 18,014
Last seen: 8 years, 5 months
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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) |
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what else do i need to know about odds of winning the jackpot?
edit - 5000th post btw
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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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) |
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edit
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skatealex2
////////////////


Registered: 07/04/08
Posts: 18,699
Last seen: 4 months, 18 days
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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) |
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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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schwarg



Registered: 07/15/12
Posts: 2,817
Loc: San Diego
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: memes]
#19290161 - 12/17/13 07:13 PM (10 years, 2 months ago) |
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number of combinations doesn't increase, but the number of jackpot winners you would potentially have to split with does
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,956
Loc: Uncanny Valley
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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) |
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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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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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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) |
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yeah thats why i edited
didnt want to get into a definitional argument with a lawyer
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,956
Loc: Uncanny Valley
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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) |
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Good call. Btw, when I was 26, I developed a card counting system in blackjack...I understand odds very well.
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Dork
( . )( . )


Registered: 02/20/11
Posts: 4,339
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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) |
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what was it?
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