Euromillionairs
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Lost another 6 pounds on euromillion last week :(( I am in circle from almost a year now, never won even a penny, thankfully never lost a huge amount though. Is there any formula (which actually work) to increase probability to win even small amounts. How much you ever won or lost?
~~~ I don't have signature, am I not trendy enough? ~~~
Mukesh Kumar Gupta wrote:
Is there any formula (which actually work) to increase probability to win even small amounts.
If you Bingle for that you will find lots of 'foolproof' schemes but you have to ask yourself a question "do you feel lucky, punk! Well, do ya!!" er.. sorry. "If I found a genuinely foolproof way to win the lottery, would I share it? Thus reducing my winnings." At the end of the day whether you win anything or not is a bit of a lottery and that's the point really.
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.” Why do programmers often confuse Halloween and Christmas? Because 31 Oct = 25 Dec.
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A lottery is a tax on people who are bad at math. That being said, if you can afford the long term losses it can be fun to play. Last year I hit a $2000 prize and dozens of $5 wins. This year I've hit a $200 and a $100, plus several $50 wins. I don't keep track of the more frequent wins that just cover the cost of the ticket, but overall I've been breaking even most of the time with a couple of large wins. But bear in mind - math doesn't lie. If you play, you will lose, and in the long term you will lose more than you win. The trick, like gambling, is to get lucky, win big, and quit while you're ahead. Do you feel lucky today?
"A Journey of a Thousand Rest Stops Begins with a Single Movement"
The Powerball jackpot has a 1:195,249,054 probability. The next drawing has an estimated jackpot of $260,000,000. Ignoring the possibility of having to share, that seems like a pretty good bet to me.
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Why does asking about the lottery bring out the most ridiculous annoying superior attitude in people? "oh I don't play the lottery, I'm not an idiot like you" Only an idiot *wouldn't* play the lottery. It's cheap, it's fun to watch the draws, in almost any area the lottery funds are used for things like hospitals and important social causes and finally there is a chance you could win. There are probably less than 6 degrees of separate between most of us and a decent sized jackpot winner. So to all you supercilious bastards out there enjoy your miserable attitudes.
Yesterday they said today was tomorrow but today they know better. - Poul Anderson
John C wrote:
. It's cheap, it's fun to watch the draws
Exactly! You don't need to spend 100s o 1000s of dollars every week. That will be stupid. I spend about $1-$5 when the jackpot really gets bug (> $150 million). And in that last 10 years I have been almost break even. I have won $5 a few times.
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///It's very simple: Don't buy a ticket./// It makes sure you will never win, and in my opinion one who never won is either not in the game or a loser. And we are not talking about the lot who is not in the game. As said: No risk, No gain...
~~~ I don't have signature, am I not trendy enough? ~~~
Mukesh Kumar Gupta wrote:
As said: No risk, No gain...
True, but you might want to do some Risk Assessment on this one as the chances of actually winning back what you've put in are already rather slim, and those of winning a considerable sum of money are dramatically reduced.
My current favourite quote is: Punch them in the face, see what happens!
-SK Genius
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Lost another 6 pounds on euromillion last week :(( I am in circle from almost a year now, never won even a penny, thankfully never lost a huge amount though. Is there any formula (which actually work) to increase probability to win even small amounts. How much you ever won or lost?
~~~ I don't have signature, am I not trendy enough? ~~~
Mukesh Kumar Gupta wrote:
How much you ever won or lost?
In the last 10 years I may have won around $40 or so. I have lost as much or probably a little more. I am not a compulsive buyer and I keep my limits. Play for fun, not for winning and that way you might win :).
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Why does asking about the lottery bring out the most ridiculous annoying superior attitude in people? "oh I don't play the lottery, I'm not an idiot like you" Only an idiot *wouldn't* play the lottery. It's cheap, it's fun to watch the draws, in almost any area the lottery funds are used for things like hospitals and important social causes and finally there is a chance you could win. There are probably less than 6 degrees of separate between most of us and a decent sized jackpot winner. So to all you supercilious bastards out there enjoy your miserable attitudes.
Yesterday they said today was tomorrow but today they know better. - Poul Anderson
John C wrote:
There are probably less than 6 degrees of separate between most of us and a decent sized jackpot winner.
Don't people usually say there is, on average, 6 degrees of separation between you and any other person on the planet? If so, then it is probably a safe bet that the same degree of separation would be between any person and a decent sized jackpot winner.
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John C wrote:
There are probably less than 6 degrees of separate between most of us and a decent sized jackpot winner.
Don't people usually say there is, on average, 6 degrees of separation between you and any other person on the planet? If so, then it is probably a safe bet that the same degree of separation would be between any person and a decent sized jackpot winner.
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Mukesh Kumar Gupta wrote:
How much you ever won or lost?
In the last 10 years I may have won around $40 or so. I have lost as much or probably a little more. I am not a compulsive buyer and I keep my limits. Play for fun, not for winning and that way you might win :).
Great, you made my mind to keep the momentum. I am in same league, never spent more then few pound. People thought before throwing same amount for sandwich, cookies or a drink, but when it comes to lottery they feel something really wrong in it.
~~~ I don't have signature, am I not trendy enough? ~~~
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Lost another 6 pounds on euromillion last week :(( I am in circle from almost a year now, never won even a penny, thankfully never lost a huge amount though. Is there any formula (which actually work) to increase probability to win even small amounts. How much you ever won or lost?
~~~ I don't have signature, am I not trendy enough? ~~~
-
Why does asking about the lottery bring out the most ridiculous annoying superior attitude in people? "oh I don't play the lottery, I'm not an idiot like you" Only an idiot *wouldn't* play the lottery. It's cheap, it's fun to watch the draws, in almost any area the lottery funds are used for things like hospitals and important social causes and finally there is a chance you could win. There are probably less than 6 degrees of separate between most of us and a decent sized jackpot winner. So to all you supercilious bastards out there enjoy your miserable attitudes.
Yesterday they said today was tomorrow but today they know better. - Poul Anderson
John C wrote:
hospitals and important social causes
Exactly; it's not about winning.
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Idiot tax.
Join the cool kids - Come fold with us[^]
Optional tax.
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Why does asking about the lottery bring out the most ridiculous annoying superior attitude in people? "oh I don't play the lottery, I'm not an idiot like you" Only an idiot *wouldn't* play the lottery. It's cheap, it's fun to watch the draws, in almost any area the lottery funds are used for things like hospitals and important social causes and finally there is a chance you could win. There are probably less than 6 degrees of separate between most of us and a decent sized jackpot winner. So to all you supercilious bastards out there enjoy your miserable attitudes.
Yesterday they said today was tomorrow but today they know better. - Poul Anderson
Excellent post, John. Got my 5 :thumbsup:
Regards, Nish
Blog: blog.voidnish.com Most recent article: An MVVM friendly approach to adding system menu entries in a WPF application
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Why does asking about the lottery bring out the most ridiculous annoying superior attitude in people? "oh I don't play the lottery, I'm not an idiot like you" Only an idiot *wouldn't* play the lottery. It's cheap, it's fun to watch the draws, in almost any area the lottery funds are used for things like hospitals and important social causes and finally there is a chance you could win. There are probably less than 6 degrees of separate between most of us and a decent sized jackpot winner. So to all you supercilious bastards out there enjoy your miserable attitudes.
Yesterday they said today was tomorrow but today they know better. - Poul Anderson
Well said.
me, me, me "The dinosaurs became extinct because they didn't have a space program. And if we become extinct because we don't have a space program, it'll serve us right!" Larry Niven nils illegitimus carborundum
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///It's very simple: Don't buy a ticket./// It makes sure you will never win, and in my opinion one who never won is either not in the game or a loser. And we are not talking about the lot who is not in the game. As said: No risk, No gain...
~~~ I don't have signature, am I not trendy enough? ~~~
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Idiot tax.
Join the cool kids - Come fold with us[^]
For the most part I agree, but if you honestly get more enjoyment out of buying $15 worth of lottery tickets once a week instead of going to a movie (or other traditional entertainment activity) I don't see anything wrong with it. (Not seeing anything wrong with it your having your fun that way not be seen as not questioning your sanity. :rolleyes: )
3x12=36 2x12=24 1x12=12 0x12=18
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Lost another 6 pounds on euromillion last week :(( I am in circle from almost a year now, never won even a penny, thankfully never lost a huge amount though. Is there any formula (which actually work) to increase probability to win even small amounts. How much you ever won or lost?
~~~ I don't have signature, am I not trendy enough? ~~~
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The Powerball jackpot has a 1:195,249,054 probability. The next drawing has an estimated jackpot of $260,000,000. Ignoring the possibility of having to share, that seems like a pretty good bet to me.
Considering that the odds of being killed by lightning are about 1:1,000,000 I suspect life insurance is a better bet. ;P As to sharing, when you take the payout in a lump sum rather than spread over 25 years, you get about half of the total. Then you get to pay extortion taxes to the state and Feds, leaving you with about 60% of the already diminished total. You'll be practically a pauper with only $78 million to show for your risk. ;P
"A Journey of a Thousand Rest Stops Begins with a Single Movement"
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Considering that the odds of being killed by lightning are about 1:1,000,000 I suspect life insurance is a better bet. ;P As to sharing, when you take the payout in a lump sum rather than spread over 25 years, you get about half of the total. Then you get to pay extortion taxes to the state and Feds, leaving you with about 60% of the already diminished total. You'll be practically a pauper with only $78 million to show for your risk. ;P
"A Journey of a Thousand Rest Stops Begins with a Single Movement"
Roger Wright wrote:
take the payout in a lump sum
That's a choice.
Roger Wright wrote:
pay extortion taxes to the state and Feds
Same with other legalized gambling.
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A lottery is a tax on people who are bad at math. That being said, if you can afford the long term losses it can be fun to play. Last year I hit a $2000 prize and dozens of $5 wins. This year I've hit a $200 and a $100, plus several $50 wins. I don't keep track of the more frequent wins that just cover the cost of the ticket, but overall I've been breaking even most of the time with a couple of large wins. But bear in mind - math doesn't lie. If you play, you will lose, and in the long term you will lose more than you win. The trick, like gambling, is to get lucky, win big, and quit while you're ahead. Do you feel lucky today?
"A Journey of a Thousand Rest Stops Begins with a Single Movement"
Roger Wright wrote:
A lottery is a tax on people who are bad at math.
I got into this with my statistics professor in college once. He made a thorough point of just how bad the odds were. Then I pointed out that yes, the odds are bad. But my odds of winning are just as good as anyone elses. I thought the vein in his forehead was going to pop....
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Roger Wright wrote:
take the payout in a lump sum
That's a choice.
Roger Wright wrote:
pay extortion taxes to the state and Feds
Same with other legalized gambling.
PIEBALDconsult wrote:
That's a choice.
Almost any smart investor is going to make more with the lump sum then the lottery will count to it.
PIEBALDconsult wrote:
Same with other legalized gambling.
Right, and any good gambler knows that if you can only win half as much, the payoff goes below one dollar on the dollar. Yo are back to losing by analysis. Of course, if you don't play, you won't win. And if you don't run across a highway at rush hour, you won't not get hit by a truck doing. So the only way to not get hit by a truck on the highway is to run across the highway.
Opacity, the new Transparency.