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Euromillionairs

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  • M Member 96

    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

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    Rama Krishna Vavilala
    wrote on last edited by
    #15

    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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    • M Mukesh Kumar Gupta

      ///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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      Anthony Mushrow
      wrote on last edited by
      #16

      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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      • M Mukesh Kumar Gupta

        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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        Rama Krishna Vavilala
        wrote on last edited by
        #17

        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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        • M Member 96

          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

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          AspDotNetDev
          wrote on last edited by
          #18

          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.

          [Forum Guidelines]

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          • A AspDotNetDev

            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.

            [Forum Guidelines]

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            M Offline
            Member 96
            wrote on last edited by
            #19

            John C wrote:

            probably less than

            :doh: :((


            Yesterday they said today was tomorrow but today they know better. - Poul Anderson

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            • R Rama Krishna Vavilala

              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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              M Offline
              Mukesh Kumar Gupta
              wrote on last edited by
              #20

              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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              • M Mukesh Kumar Gupta

                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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                L Offline
                Lost User
                wrote on last edited by
                #21

                Idiot tax.

                Join the cool kids - Come fold with us[^]

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                • M Member 96

                  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

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                  PIEBALDconsult
                  wrote on last edited by
                  #22

                  John C wrote:

                  hospitals and important social causes

                  Exactly; it's not about winning.

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                  • L Lost User

                    Idiot tax.

                    Join the cool kids - Come fold with us[^]

                    P Offline
                    P Offline
                    PIEBALDconsult
                    wrote on last edited by
                    #23

                    Optional tax.

                    R 1 Reply Last reply
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                    • M Member 96

                      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

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                      Nish Nishant
                      wrote on last edited by
                      #24

                      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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                      • M Member 96

                        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

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                        R Giskard Reventlov
                        wrote on last edited by
                        #25

                        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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                        • M Mukesh Kumar Gupta

                          ///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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                          Wjousts
                          wrote on last edited by
                          #26

                          Mukesh Kumar Gupta wrote:

                          and in my opinion one who never won is either not in the game or a loser.

                          Bullshit. He's £6 better off than you. Sounds like winning to me.

                          modified on Tuesday, June 1, 2010 2:20 PM

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                          • L Lost User

                            Idiot tax.

                            Join the cool kids - Come fold with us[^]

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                            D Offline
                            Dan Neely
                            wrote on last edited by
                            #27

                            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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                            • M Mukesh Kumar Gupta

                              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? ~~~

                              W Offline
                              W Offline
                              Wjousts
                              wrote on last edited by
                              #28

                              Mukesh Kumar Gupta wrote:

                              Is there any formula (which actually work) to increase probability to win even small amounts.

                              No. Anybody who tells you otherwise is an idiot or a liar.

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                              • P PIEBALDconsult

                                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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                                Roger Wright
                                wrote on last edited by
                                #29

                                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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                                • R Roger Wright

                                  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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                                  PIEBALDconsult
                                  wrote on last edited by
                                  #30

                                  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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                                  • R Roger Wright

                                    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"

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                                    thrakazog
                                    wrote on last edited by
                                    #31

                                    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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                                    • P PIEBALDconsult

                                      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.

                                      R Offline
                                      R Offline
                                      RichardM1
                                      wrote on last edited by
                                      #32

                                      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.

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                                      • T thrakazog

                                        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....

                                        R Offline
                                        R Offline
                                        RichardM1
                                        wrote on last edited by
                                        #33

                                        And just as bad...

                                        Opacity, the new Transparency.

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                                        • M Member 96

                                          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

                                          R Offline
                                          R Offline
                                          RichardM1
                                          wrote on last edited by
                                          #34

                                          John, Give the money to a charity, make up a set of numbers and watch the lottery drawing. Then each time you see when you would have failed, you know you got the write-off. That's about 33 cents on the dollar, which is way better than the lottery, and every time you would have been a loser, you are now a winner! You 'make' more money. You win more often. A good cause gets the money. The government doesn't steal any. Where is the down side?

                                          Opacity, the new Transparency.

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