Had an argument over the lottery again

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  • daneblazer
    BARRELED IN @ SBR!
    • 09-14-08
    • 27861

    #1
    Had an argument over the lottery again
    Someone trying to tell me that because more people are playing the odds of winning are less.

    I tell people the odds of the numbers being 1, 2, 3, 4, 5, 6 are just as likely as any other combination to which they reply...that seems a little more unlikely, that's just never going to happen.

    People, man...
  • TheCentaur
    SBR Hall of Famer
    • 06-28-11
    • 8108

    #2
    Dane I was thinking about the lottery today too. Have you gotten ur tickets yet?

    Tell me what you think about this strategy...

    Buy the winning ticket

    Don't cash it in for 1.5 years

    Rent out some shit apt. in a no income tax state like Fla or Tex to establish residence

    Miraculously find the ticket after your residency has been established

    Save about 50 mill in taxes


    Do you think it would work?

    Another funny thing people say about the lottery...your odds are better if you go in with a group of people
    Comment
    • TwoWays
      SBR Posting Legend
      • 03-24-10
      • 13145

      #3
      odds you'll win less is higher
      Comment
      • daneblazer
        BARRELED IN @ SBR!
        • 09-14-08
        • 27861

        #4
        Originally posted by TheCentaur
        Dane I was thinking about the lottery today too. Have you gotten ur tickets yet?

        Tell me what you think about this strategy...

        Buy the winning ticket

        Don't cash it in for 1.5 years

        Rent out some shit apt. in a no income tax state like Fla or Tex to establish residence

        Miraculously find the ticket after your residency has been established

        Save about 50 mill in taxes


        Do you think it would work?

        Another funny thing people say about the lottery...your odds are better if you go in with a group of people
        Got 3 tickets last night. No way I could do that. If you can sit on 300 mil or whatever it is after taxes for a month much less 1.5 years you are a boss
        Comment
        • TheCentaur
          SBR Hall of Famer
          • 06-28-11
          • 8108

          #5
          Originally posted by daneblazer
          Got 3 tickets last night. No way I could do that. If you can sit on 300 mil or whatever it is after taxes for a month much less 1.5 years you are a boss
          I think I will go for it and buy 50. Good luck to you, I hope you hit 5 with no powerball and 4 with the powerball 2x
          Comment
          • Mr KLC
            BARRELED IN @ SBR!
            • 12-19-07
            • 31097

            #6
            I only buy one ticket every time. Pick the numbers of my favorite sports players. Always use #34 for the power ball (Nolan Ryan, Earl Campbell, Hakeem Olajuwon).
            Comment
            • unluckysob
              SBR MVP
              • 05-21-08
              • 1527

              #7
              you only have 6 months to cash--young person should take annuity---old fart like me cash
              Comment
              • Russian Rocket
                SBR Aristocracy
                • 09-02-12
                • 43910

                #8
                Originally posted by unluckysob
                you only have 6 months to cash--young person should take annuity---old fart like me cash
                I think all age groups should take cash - the dollar will lose more in value over time, than you would have to give up now in order to cash out the entire jackpot.
                Comment
                • Wilfred
                  SBR MVP
                  • 08-19-12
                  • 1908

                  #9
                  Originally posted by unluckysob
                  you only have 6 months to cash--young person should take annuity---old fart like me cash
                  Not really. The tax rate could soar and then if you didnt take a lump sum you'd lose a lot more.
                  Comment
                  • Sportsbetting123
                    SBR MVP
                    • 03-01-08
                    • 1400

                    #10
                    There was someone at work saying the same thing yesterday..that the odds go down. Complete morons!
                    Comment
                    • Reno Paul
                      SBR MVP
                      • 02-11-10
                      • 1647

                      #11
                      Originally posted by Sportsbetting123
                      There was someone at work saying the same thing yesterday..that the odds go down. Complete morons!
                      Maybe they were meaning that the odds go down that a single person playing will hit the huge jackpot tonight with the numbers of people playing are much greater than usual.

                      All I know is that I bought a few quick picks for tonight's drawing.
                      Comment
                      • thewhiteguy
                        SBR MVP
                        • 11-21-12
                        • 1082

                        #12
                        3 9 19 20 23 PB: 26
                        Comment
                        • 5mike5
                          SBR Aristocracy
                          • 09-21-11
                          • 52037

                          #13
                          i never really play unless it gets to these unreal #s for the jackpot

                          i took 10 quick picks

                          GL everybody!!!

                          Comment
                          • pavyracer
                            SBR Aristocracy
                            • 04-12-07
                            • 82840

                            #14
                            There is not much difference in your chances of winning if the odds are 1 in a billion instead of 1 in 1.1 billion.
                            Comment
                            • ChalkyDog
                              SBR Hall of Famer
                              • 10-02-11
                              • 9598

                              #15
                              The chances of you winning the sole jackpot decreases significantly with these huge pots.

                              Mega Millions drawing from last night is a good example.
                              Comment
                              • Ballerholic
                                SBR MVP
                                • 01-16-13
                                • 2767

                                #16
                                pretty sure you're odds of making more money are less because someone else can pick the same numbers
                                Comment
                                • JayLA
                                  SBR Hall of Famer
                                  • 09-11-12
                                  • 7806

                                  #17
                                  Is there a correlation between past winning numbers? Like.......patterns, or chronological space between the numbers?

                                  Game analyzed Powerball (Multi-State)
                                  First draw in selected range <tt>SAT 11/24/12</tt>
                                  Last draw in selected range <tt>WED 05/15/13</tt>

                                  Numbers 23 26 36 03 08 13 41 05 10 11 40 43 52 06 07 12 16 19 22 31 32 44 46 48 53 54 55 14 17 20 21 27 28 29 30 38 39 01 09 18 25 34 35 37 50 56 58 02 15 45 47 49 51 57 59 04 24 33 42
                                  Rank 1 2 2 4 4 4 4 8 8 8 8 8 8 14 14 14 14 14 14 14 14 14 14 14 14 14 14 28 28 28 28 28 28 28 28 28 28 38 38 38 38 38 38 38 38 38 38 48 48 48 48 48 48 48 48 56 56 56 59
                                  Hit Times 11 8 8 7 7 7 7 6 6 6 6 6 6 5 5 5 5 5 5 5 5 5 5 5 5 5 5 4 4 4 4 4 4 4 4 4 4 3 3 3 3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 1 1 1 0
                                  I'm usually not a huge fan of lotteries but it's worth a shot. maybe i win a couple bucks.

                                  I'm buyin 5 tickets...
                                  Comment
                                  • NYSportsGuy210
                                    SBR Posting Legend
                                    • 11-07-09
                                    • 11347

                                    #18
                                    Originally posted by TwoWays
                                    odds you'll win less is higher
                                    Comment
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