Posted on 01/09/2016 10:59:20 PM PST by DoughtyOne
Ha ha ha...
LOL
-1
Just on general principles. (See how supportive I am Jim?)
Good luck.
that is a great night!
taking mother to atlantic cty at end of month. she’s 83 and she loves to go lol.
me, the spouse and mom. but TWO rooms :)
she can bring crazy uncle nunzio to keep her company!!
The welfare and food-stamp takers must be losing their minds.
That is a lot of money, LOL.
What’s your take on it, “...losing their minds?”
A math teacher in Minnesota worked up some numbers about Megamillions (the ot her multi-state game). Based on the feds’ numbers for highway safety, if one has to drive just three miles to get the lotto ticket, the odds of being involved in (not necessarily killed) a fatal auto crash are more favorable than the odds of winning the jackpot, by almost twice.
So, I suggest buying two tickets, and driving really carefully.
How much of that billion plus is from welfare checks?
Probably most.
Well there goes another three bucks ($2 ticket + $1 multiplier). I don’t know who is going to win all the loot. But unless they have the good fortune to live in a state that allows them to stay anonymous, I would suggest the first expenditure be on a couple of well trained bodyguards for them and their family.
If I win I’m running for President ;)
Here in Washington state, Food Stamps pay out on the 10th of the month, which is today.
Everyone with an EBT Card will feel “rich” for one day and kick the jackpot up to $2 billion by Sunday night!
Okay, I like the driving really carefully part.
Now, pick good numbers!
OIC
That’s a good one. Probably quite a bit.
Yes, I know what you mean.
That occurred to me as well.
For about 0.5 seconds I was really into it.
Your chances of winning the Powerball lottery are zero whether you purchase any tickets or not.
For the six-ball jackpot, the possible permutations of drawing five white balls out of 69, and one red ball from 26, while not restricting the white balls to one unique series = (69 * 68 * 67 * 66 * 65 * 26) / (5 * 4 * 3 * 2) = 292,201,338.
Each $2 ticket gives you one chance out of 292.2 million. That's equivalent to selecting exactly one pixel from a square image of 17,094 pixels on a side. Try it on your screen sometime.
The odds of getting involved in a fatal car crash were estimated to be about one in 1,200. That was a decade ago. Might be higher or lower today, based on safer cars, or crazier drivers, or too many distractions. Using the 1,200 number, your chances of being in a fatal car crash are 292,201,338 / 1,200 = 243,501 times greater than winning the Powerball jackpot.
One chance in 292,201,338 possible outcomes = 0.0000000034. That's 0.00000034%. That means each ticket you purchase has a 99.99999966% chance of losing.
If you're content with settling for just getting the five white-ball sequence right, your odds improve by a factor of 26. That's one chance in 11,238,513; like picking one pixel from square image of 3,352 pixels on a side. Fatal car crash is only 9,365 times more likely. P(winning five white-ball sequence) = 0.000000089. Each ticket you purchase has a 99.9999911% chance of losing.
Someone occasionally wins, but we're seeing credible reports of lottery fraud, where the same individual wins two or three different drawings; a statistical impossibility. We see a lot of that here at the Lab lately.
Take whatever chances you want in life, but at least understand the probability of success.
Unless you win.
When hyperinflation finally hit, we will all be mega-billionaires.
I don’t play often, but our two big Lotos out here, one for the state and one for the big one Powerball (I think) I’ve spent $5.00 for before.
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Power Ball used to be $1 per ticket, it is now $2, so spend either $4 or $6. if playing for the $1 billion plus. If you win, remember your good friend Graybeard who told you about it.
I agree with your thoughts on this.
Someone will win.
The person that wins will have purchased a ticket.
Is it worth $10 bucks to contemplate what you would do if you won, when you actually do have a one in 292 million chance of winning? Well, yes and no.
There is the enjoyment of fantasizing. At least you know you are fantasizing. I’ve made a lot more important decisions in life than this, and later found out I was fantasizing.
Well there goes another three bucks ($2 ticket + $1 multiplier).
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I don’t understand the “Multiplier”. Will you explain it to me?
I may have to play this round.
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