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Mega Millions Lottery $640 million jackpot

Blogs > spacemonkey4eve
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spacemonkey4eve
Profile Blog Joined July 2011
United States267 Posts
March 30 2012 19:55 GMT
#1
http://www.google.com/hostednews/ap/article/ALeqM5gxTOl06A9JYaGRQwI4C58QOFw4KA?docId=378e1c446e1842e1b5d927923f194474

So normally I don't buy lottery tickets, but come on, who doesn't want to take a 1 in 180 million chance to get into the record books and become the winner of the world's largest lottery jackpot?
Reportedly to be $350 million AFTER taxes. Although I know it's nearly impossible to win, it's good fun and is sure as hell a lot cheaper than going to the tables at a casino.

Anyone here bought tickets for it? I bought 5 tickets

NeoIllusions
Profile Blog Joined December 2002
United States37500 Posts
March 30 2012 20:06 GMT
#2
I'll probably buy 10 tickets later today.
glglgl
ModeratorFor the Glory that is TeamLiquid (-9 | 155) | Discord: NeoIllusions#1984
TheToast
Profile Blog Joined August 2010
United States4808 Posts
March 30 2012 20:06 GMT
#3
Well, if you get $1 worth of fun out of it, go for it?

But you're not going to win.
I like the way the walls go out. Gives you an open feeling. Firefly's a good design. People don't appreciate the substance of things. Objects in space. People miss out on what's solid.
mordek
Profile Blog Joined December 2010
United States12704 Posts
March 30 2012 20:06 GMT
#4
Everett Eahmer, 80, of St. Paul, Minn., said he's been playing the lottery "since the beginning."

"If I win, the first thing I'm going to do is buy a (Tim) Tebow football shirt, and I'm going to do the Tebow pose," said Eahmer, who bought five tickets Thursday. "I'm with him in honoring a higher power."

I like Tebow, I share his views, but this quote had me cracking up hahaha
It is vanity to love what passes quickly and not to look ahead where eternal joy abides. Tiberius77 | Mordek #1881 "I took a mint!"
spacemonkey4eve
Profile Blog Joined July 2011
United States267 Posts
March 30 2012 20:10 GMT
#5
On March 31 2012 05:06 mordek wrote:
Show nested quote +
Everett Eahmer, 80, of St. Paul, Minn., said he's been playing the lottery "since the beginning."

"If I win, the first thing I'm going to do is buy a (Tim) Tebow football shirt, and I'm going to do the Tebow pose," said Eahmer, who bought five tickets Thursday. "I'm with him in honoring a higher power."

I like Tebow, I share his views, but this quote had me cracking up hahaha


personally i'll be faith hilling cause tebowing is soooo 2011 (south park reference)
tw!tch
Profile Blog Joined October 2010
United States563 Posts
March 30 2012 20:13 GMT
#6
ahhh my whole office bought tickets today! a few guys and myself didn't chip in though. is it wrong to be nervous?
Recognizable
Profile Blog Joined December 2011
Netherlands1552 Posts
Last Edited: 2012-03-30 20:18:14
March 30 2012 20:14 GMT
#7
On March 31 2012 05:13 tw!tch wrote:
ahhh my whole office bought tickets today! a few guys and myself didn't chip in though. is it wrong to be nervous?


No, it's a perfectly normal human response and also don't worry, the odds are in your favor.

Mike Catalano, chairman of the mathematics department at Dakota Wesleyan University in Mitchell, S.D., concedes the math is clear: The more tickets you buy, the better chances you have of winning. Better long-shot chances, of course.


They definitely needed a mathematician for this.
Vindicare605
Profile Blog Joined August 2011
United States16071 Posts
March 30 2012 20:15 GMT
#8
ive got my 5 tickets
aka: KTVindicare the Geeky Bartender
mizU
Profile Blog Joined April 2010
United States12125 Posts
March 30 2012 20:17 GMT
#9
When do they release the numbers?
if happy ever afters did exist <3 @watamizu_
EtherealDeath
Profile Blog Joined July 2007
United States8366 Posts
March 30 2012 20:18 GMT
#10
On March 31 2012 05:06 NeoIllusions wrote:
I'll probably buy 10 tickets later today.
glglgl


My magic is woven. Victory you will have. I demand 1% of your winnings or $1 million, whichever is lower.
TheToast
Profile Blog Joined August 2010
United States4808 Posts
March 30 2012 20:18 GMT
#11
Hmm the odds are 1 in 178 million, payout is 640 million even if it were split between several winners.... hey, does anyone have $178 million dollars I could borrow? I'll pay you back tomorrow.
I like the way the walls go out. Gives you an open feeling. Firefly's a good design. People don't appreciate the substance of things. Objects in space. People miss out on what's solid.
spacemonkey4eve
Profile Blog Joined July 2011
United States267 Posts
Last Edited: 2012-03-30 20:26:23
March 30 2012 20:19 GMT
#12
On March 31 2012 05:17 mizU wrote:
When do they release the numbers?


11pm EST tonight.

edit: there was a news article stating that yes, you can buy all 180 million combinations and be guaranteed to win and make like $100 million profit, but it's physically impossible to print all those tickets in time (it would take weeks), there's not enough lotto paper for it, and it would take years to go through each one.
Recognizable
Profile Blog Joined December 2011
Netherlands1552 Posts
March 30 2012 20:21 GMT
#13
On March 31 2012 05:18 TheToast wrote:
Hmm the odds are 1 in 178 million, payout is 640 million even if it were split between several winners.... hey, does anyone have $178 million dollars I could borrow? I'll pay you back tomorrow.


If you buy 178 million tickets, that doesn't mean you will have a 100 percent chance of winning, right?
micronesia
Profile Blog Joined July 2006
United States24692 Posts
March 30 2012 20:23 GMT
#14
On March 31 2012 05:21 Recognizable wrote:
Show nested quote +
On March 31 2012 05:18 TheToast wrote:
Hmm the odds are 1 in 178 million, payout is 640 million even if it were split between several winners.... hey, does anyone have $178 million dollars I could borrow? I'll pay you back tomorrow.


If you buy 178 million tickets, that doesn't mean you will have a 100 percent chance of winning, right?

Right.

People in my office bought some tickets so I put in a dollar. I don't do it because I am a lotto player... just to be included with everyone else lol. If I win I will donate one million dollars to teamliquid.
ModeratorThere are animal crackers for people and there are people crackers for animals.
mizU
Profile Blog Joined April 2010
United States12125 Posts
March 30 2012 20:28 GMT
#15
Only a million? So greedy.
I'd put like 100 million into TL and eSports yo
if happy ever afters did exist <3 @watamizu_
micronesia
Profile Blog Joined July 2006
United States24692 Posts
March 30 2012 20:29 GMT
#16
On March 31 2012 05:28 mizU wrote:
Only a million? So greedy.
I'd put like 100 million into TL and eSports yo

I won't be getting the full jackpot. We will split it up among the ~10 of us who are in.
ModeratorThere are animal crackers for people and there are people crackers for animals.
blabber
Profile Blog Joined June 2007
United States4448 Posts
March 30 2012 20:29 GMT
#17
bought 2
first time doing lotto!
blabberrrrr
Kojak21
Profile Blog Joined January 2011
Canada1104 Posts
March 30 2012 20:30 GMT
#18
If i win i will donate all the money too team liquid. shame i wont be buying a ticket
¯\_(☺)_/¯
mizU
Profile Blog Joined April 2010
United States12125 Posts
March 30 2012 20:31 GMT
#19
On March 31 2012 05:29 micronesia wrote:
Show nested quote +
On March 31 2012 05:28 mizU wrote:
Only a million? So greedy.
I'd put like 100 million into TL and eSports yo

I won't be getting the full jackpot. We will split it up among the ~10 of us who are in.


you'd still get like 35 million...
if happy ever afters did exist <3 @watamizu_
MtlGuitarist97
Profile Blog Joined July 2011
United States1539 Posts
March 30 2012 20:32 GMT
#20
If I was old enough to claim the money I'd probably buy a SCII team or invest into eSports.
micronesia
Profile Blog Joined July 2006
United States24692 Posts
March 30 2012 20:33 GMT
#21
On March 31 2012 05:31 mizU wrote:
Show nested quote +
On March 31 2012 05:29 micronesia wrote:
On March 31 2012 05:28 mizU wrote:
Only a million? So greedy.
I'd put like 100 million into TL and eSports yo

I won't be getting the full jackpot. We will split it up among the ~10 of us who are in.


you'd still get like 35 million...

Okay. If you win you have to donate 3% of your winnings to teamliquid no questions asked.
ModeratorThere are animal crackers for people and there are people crackers for animals.
ziggurat
Profile Joined October 2010
Canada847 Posts
March 30 2012 20:37 GMT
#22
Can you buy these if you live in Canada?
Durak
Profile Blog Joined January 2008
Canada3684 Posts
March 30 2012 20:42 GMT
#23
I hate lotteries based on utilitarianism: they take money from many poor, stupid people and give it to one person. At least it's taxed.
Charger
Profile Blog Joined September 2010
United States2405 Posts
March 30 2012 20:44 GMT
#24
On March 31 2012 05:37 ziggurat wrote:
Can you buy these if you live in Canada?


Yep. And on top of that, "Prizes are subject to a federal withholding tax of 30 per cent, which out-of-country players can apply to have rebated. Most states also tack on their own taxes, up to 30 per cent, according to the Star."

Source
It's easy to be a Monday morning quarterback.
HardlyNever
Profile Blog Joined July 2011
United States1258 Posts
March 30 2012 20:50 GMT
#25
When I got out of college, I had a really mind-numbing job. And when you have a mind-numbing job, you start to think about things that will change that, and how you can obtain that change. I came up with this (admittedly shallow) idea that to actually NOT play the lottery is dumb. However, buying more than 1 ticket is also dumb.

The way I see it, if you do nothing, you have a 0% chance of winning. You can't win, ever. However, the difference between 0% chance and 1 in 180 million is actually quite big. 0% is zero fucking percent. Can't happen. At all. But 1 in 180 million... well shit, going from 0% to some fraction of a percent for 1 dollar, that seems worth it.

Of course, it ends there. While buying two tickets doubles your odds, the change in probabilities is so small it isn't worth it. Only going from 0% to 1 in 180 million (or whatever the odds happen to be) is actually worth it.

Generally, though, I always felt like the lottery was a scam. I've only bought like 5 tickets in my entire life, but the few times I did I had some "fun" with it, so I don't regret it.

Maybe I'll buy a single ticket.
Out there, the Kid learned to fend for himself. Learned to build. Learned to break.
Disregard
Profile Blog Joined March 2007
China10252 Posts
March 30 2012 20:54 GMT
#26
I fancy the scratch games, never won any of the big prizes but usually the small rewards pay off the investment. Never tried the lottery, then again I'm just over of legal age to play the lottery, no experience!
"If I had to take a drug in order to be free, I'm screwed. Freedom exists in the mind, otherwise it doesn't exist."
blabber
Profile Blog Joined June 2007
United States4448 Posts
March 30 2012 20:55 GMT
#27
On March 31 2012 05:50 HardlyNever wrote:
When I got out of college, I had a really mind-numbing job. And when you have a mind-numbing job, you start to think about things that will change that, and how you can obtain that change. I came up with this (admittedly shallow) idea that to actually NOT play the lottery is dumb. However, buying more than 1 ticket is also dumb.

The way I see it, if you do nothing, you have a 0% chance of winning. You can't win, ever. However, the difference between 0% chance and 1 in 180 million is actually quite big. 0% is zero fucking percent. Can't happen. At all. But 1 in 180 million... well shit, going from 0% to some fraction of a percent for 1 dollar, that seems worth it.

Of course, it ends there. While buying two tickets doubles your odds, the change in probabilities is so small it isn't worth it. Only going from 0% to 1 in 180 million (or whatever the odds happen to be) is actually worth it.

Generally, though, I always felt like the lottery was a scam. I've only bought like 5 tickets in my entire life, but the few times I did I had some "fun" with it, so I don't regret it.

Maybe I'll buy a single ticket.

i believe once the jackpot reaches a certain amount of money, it actually becomes a "good" gamble to pay the $1 for a chance at it
blabberrrrr
Durak
Profile Blog Joined January 2008
Canada3684 Posts
March 30 2012 21:06 GMT
#28
On March 31 2012 05:50 HardlyNever wrote:
When I got out of college, I had a really mind-numbing job. And when you have a mind-numbing job, you start to think about things that will change that, and how you can obtain that change. I came up with this (admittedly shallow) idea that to actually NOT play the lottery is dumb. However, buying more than 1 ticket is also dumb.

The way I see it, if you do nothing, you have a 0% chance of winning. You can't win, ever. However, the difference between 0% chance and 1 in 180 million is actually quite big. 0% is zero fucking percent. Can't happen. At all. But 1 in 180 million... well shit, going from 0% to some fraction of a percent for 1 dollar, that seems worth it.

Of course, it ends there. While buying two tickets doubles your odds, the change in probabilities is so small it isn't worth it. Only going from 0% to 1 in 180 million (or whatever the odds happen to be) is actually worth it.

Generally, though, I always felt like the lottery was a scam. I've only bought like 5 tickets in my entire life, but the few times I did I had some "fun" with it, so I don't regret it.

Maybe I'll buy a single ticket.

If the ticket provides you with more enjoyment than the price, and there's nothing else that would give you more enjoyment for that price, that seems like a good purchase to me. I just wouldn't think of the probability because you won't win and that'll lessen your enjoyment.
TheToast
Profile Blog Joined August 2010
United States4808 Posts
March 30 2012 21:25 GMT
#29
On March 31 2012 05:21 Recognizable wrote:
Show nested quote +
On March 31 2012 05:18 TheToast wrote:
Hmm the odds are 1 in 178 million, payout is 640 million even if it were split between several winners.... hey, does anyone have $178 million dollars I could borrow? I'll pay you back tomorrow.


If you buy 178 million tickets, that doesn't mean you will have a 100 percent chance of winning, right?


ummm idk.

According to Wikipedia the current rules state that you pick five numbers from between 1 and 56 and then you pick one number from 1 to 46. The first five numbers are all drawn from the same machine (that is one machine with just one set of the numbers 1-56 inside) so repeats are not possible.

So the total number of possible results would be the total number of ways to choose 5 out of 56 multiplied by 46.

So to figure that, we would use the formula for combination (which ignores order and won't count repeats) which is:

n!
──────
k!(n-k)!


Where n is the total number of options and k is the number being chosen.

So 56!/5!(56-5)!
=56!/5!51!
=55005350400

Then multiply by 46 to account for the mega ball number
55005350400(46)
=253024611840

Is that right?

There are 253,024,611,840 different combinations?
I like the way the walls go out. Gives you an open feeling. Firefly's a good design. People don't appreciate the substance of things. Objects in space. People miss out on what's solid.
mizU
Profile Blog Joined April 2010
United States12125 Posts
March 30 2012 21:30 GMT
#30
$1 dollar down for a chance at 350 million seems like a worthy investment to me.
if happy ever afters did exist <3 @watamizu_
Enki
Profile Blog Joined January 2007
United States2548 Posts
Last Edited: 2012-03-30 21:36:22
March 30 2012 21:35 GMT
#31
My parents bought 5 tickets and my sisters work are pulling their tickets together. Was in town earlier and the gas stations were swamped with people. @_@

On March 31 2012 05:42 Durak wrote:
I hate lotteries based on utilitarianism: they take money from many poor, stupid people and give it to one person. At least it's taxed.

Alot of the revenue from ticket sales goes to state programs though. Here in Gerogia, the state lotterys here helps fund college scholarships. Yes, one person eventually gets a fuckload of money but I'm sure the money pulled in from all the ticket sales is worth it, before taxes even set in.
"Practice, practice, practice. And when you're not practicing you should be practicing. It's the only way to get better. The only way." I run the Smix Fanclub!
Slithe
Profile Blog Joined February 2007
United States985 Posts
March 30 2012 21:35 GMT
#32
On March 31 2012 06:25 TheToast wrote:
Show nested quote +
On March 31 2012 05:21 Recognizable wrote:
On March 31 2012 05:18 TheToast wrote:
Hmm the odds are 1 in 178 million, payout is 640 million even if it were split between several winners.... hey, does anyone have $178 million dollars I could borrow? I'll pay you back tomorrow.


If you buy 178 million tickets, that doesn't mean you will have a 100 percent chance of winning, right?


ummm idk.

According to Wikipedia the current rules state that you pick five numbers from between 1 and 56 and then you pick one number from 1 to 46. The first five numbers are all drawn from the same machine (that is one machine with just one set of the numbers 1-56 inside) so repeats are not possible.

So the total number of possible results would be the total number of ways to choose 5 out of 56 multiplied by 46.

So to figure that, we would use the formula for combination (which ignores order and won't count repeats) which is:

n!
──────
k!(n-k)!


Where n is the total number of options and k is the number being chosen.

So 56!/5!(56-5)!
=56!/5!51!
=55005350400

Then multiply by 46 to account for the mega ball number
55005350400(46)
=253024611840

Is that right?

There are 253,024,611,840 different combinations?


I think your calculations are off.

(56!) / (5! * 51!) = 3 819 816
Seth_
Profile Blog Joined July 2010
Belgium184 Posts
March 30 2012 21:39 GMT
#33
On March 31 2012 06:25 TheToast wrote:
=56!/5!51!
=55005350400

How did you calculate that? It's 3,819,816
times 46 leads to 175.7 million

However I'm wondering if there are multiple winners, do they split the money? If they don't, you could buy every combination for 176 million and win 350 million guaranteed (+ all of the 5 number prizes...)
Assault_1
Profile Joined April 2009
Canada1950 Posts
March 30 2012 21:51 GMT
#34
1/180 million chance and $640 million total, so expected winning is $3.56
Its worth it for everyone to buy three tickets according to math, obviously doesnt work this way though
TheToast
Profile Blog Joined August 2010
United States4808 Posts
March 30 2012 21:52 GMT
#35
On March 31 2012 06:39 Seth_ wrote:
Show nested quote +
On March 31 2012 06:25 TheToast wrote:
=56!/5!51!
=55005350400

How did you calculate that? It's 3,819,816


I DONT KNOW! O-o

I'm at work so the only calculator handy is the useless windows one.
I like the way the walls go out. Gives you an open feeling. Firefly's a good design. People don't appreciate the substance of things. Objects in space. People miss out on what's solid.
Assault_1
Profile Joined April 2009
Canada1950 Posts
March 30 2012 21:55 GMT
#36
On March 31 2012 06:52 TheToast wrote:
Show nested quote +
On March 31 2012 06:39 Seth_ wrote:
On March 31 2012 06:25 TheToast wrote:
=56!/5!51!
=55005350400

How did you calculate that? It's 3,819,816


I DONT KNOW! O-o

I'm at work so the only calculator handy is the useless windows one.

google and wolfram alpha are better than any calculator
JimSocks
Profile Joined February 2009
United States968 Posts
March 30 2012 22:02 GMT
#37
im buying sport team
ReketSomething
Profile Blog Joined November 2008
United States6012 Posts
March 30 2012 22:17 GMT
#38
I think he forgot the parens and did the multiplication step afterwards, but w/e

The environment is being destroyed because of this
Jaedong :3
PrimeTimey
Profile Joined January 2011
Canada369 Posts
March 30 2012 22:24 GMT
#39
On March 31 2012 05:13 tw!tch wrote:
ahhh my whole office bought tickets today! a few guys and myself didn't chip in though. is it wrong to be nervous?


Just don't be the idiot that tries to sue them after they win.
Pooshlmer
Profile Joined August 2008
United States1001 Posts
March 30 2012 22:32 GMT
#40
It is actually never worth it to buy a ticket (from a strict EV perspective), no matter how big the jackpot gets.

http://www.circlemud.org/~jelson/megamillions/
ReketSomething
Profile Blog Joined November 2008
United States6012 Posts
March 30 2012 22:33 GMT
#41
On March 31 2012 07:24 PrimeTimey wrote:
Show nested quote +
On March 31 2012 05:13 tw!tch wrote:
ahhh my whole office bought tickets today! a few guys and myself didn't chip in though. is it wrong to be nervous?


Just don't be the idiot that tries to sue them after they win.


And why wouldn't you chip in...its only a few dollars and is statistically favored. Also the fact that everyone chips in means that there is a higher chance of winning...
Jaedong :3
3clipse
Profile Blog Joined September 2008
Canada2555 Posts
March 30 2012 22:38 GMT
#42
On March 31 2012 05:42 Durak wrote:
I hate lotteries based on utilitarianism: they take money from many poor, stupid people and give it to one person. At least it's taxed.

I see your point, but the self-interested free rider in me loves that I'm exempt from paying for the services lotteries support. In a sense, state-run lotteries and casinos are the perfect method of taxation since they're completely voluntary.
DarkPlasmaBall
Profile Blog Joined March 2010
United States44391 Posts
March 30 2012 22:39 GMT
#43
The lottery is a tax on people who are bad at math
"There is nothing more satisfying than looking at a crowd of people and helping them get what I love." ~Day[9] Daily #100
English
Profile Joined April 2010
United States475 Posts
March 30 2012 22:42 GMT
#44
On March 31 2012 07:39 DarkPlasmaBall wrote:
The lottery is a tax on people who are bad at math


Pretty sure people know they're not likely gonna win, they just don't care. It's fun to dream.
DarkPlasmaBall
Profile Blog Joined March 2010
United States44391 Posts
March 30 2012 22:45 GMT
#45
On March 31 2012 07:42 English wrote:
Show nested quote +
On March 31 2012 07:39 DarkPlasmaBall wrote:
The lottery is a tax on people who are bad at math


Pretty sure people know they're not likely gonna win, they just don't care. It's fun to dream.


Absolutely.

And there goes your money
"There is nothing more satisfying than looking at a crowd of people and helping them get what I love." ~Day[9] Daily #100
bebe01
Profile Blog Joined July 2010
Korea (South)512 Posts
March 30 2012 22:48 GMT
#46
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs
Zidane
Profile Blog Joined July 2008
United States1686 Posts
March 30 2012 22:52 GMT
#47
I might buy a ticket or two from Vons/safeway if they sell them there.
blabber
Profile Blog Joined June 2007
United States4448 Posts
March 30 2012 22:53 GMT
#48
On March 31 2012 06:39 Seth_ wrote:
Show nested quote +
On March 31 2012 06:25 TheToast wrote:
=56!/5!51!
=55005350400

How did you calculate that? It's 3,819,816
times 46 leads to 175.7 million

However I'm wondering if there are multiple winners, do they split the money? If they don't, you could buy every combination for 176 million and win 350 million guaranteed (+ all of the 5 number prizes...)

if there are multiple winners, the prize is split i believe
blabberrrrr
TheToast
Profile Blog Joined August 2010
United States4808 Posts
March 30 2012 22:56 GMT
#49
On March 31 2012 07:17 ReketSomething wrote:
I think he forgot the parens and did the multiplication step afterwards, but w/e

The environment is being destroyed because of this


Hey, I got a 3 on the AP stats test..... 5 years ago.

On March 31 2012 07:39 DarkPlasmaBall wrote:
The lottery is a tax on people who are bad at math


Some people do it just for fun though, and hey if you can get $1 worth of fun out of it then in a way it's providing a service.
I like the way the walls go out. Gives you an open feeling. Firefly's a good design. People don't appreciate the substance of things. Objects in space. People miss out on what's solid.
tw!tch
Profile Blog Joined October 2010
United States563 Posts
March 30 2012 22:57 GMT
#50
On March 31 2012 07:33 ReketSomething wrote:
Show nested quote +
On March 31 2012 07:24 PrimeTimey wrote:
On March 31 2012 05:13 tw!tch wrote:
ahhh my whole office bought tickets today! a few guys and myself didn't chip in though. is it wrong to be nervous?


Just don't be the idiot that tries to sue them after they win.


And why wouldn't you chip in...its only a few dollars and is statistically favored. Also the fact that everyone chips in means that there is a higher chance of winning...


You know, I probably would have but I had no cash on me at the time ><
hYdrA-MeNo
Profile Joined January 2010
Mexico344 Posts
March 30 2012 23:01 GMT
#51
We need to start a TL pool for buying tickets lol :D i wasted 40 on in this time around... god i hope i win then id buy a nice home in korea and live the life lol
Cant Tell you Whats good....But i can tell you what's what
hYdrA-MeNo
Profile Joined January 2010
Mexico344 Posts
March 30 2012 23:07 GMT
#52
On March 31 2012 05:21 Recognizable wrote:
Show nested quote +
On March 31 2012 05:18 TheToast wrote:
Hmm the odds are 1 in 178 million, payout is 640 million even if it were split between several winners.... hey, does anyone have $178 million dollars I could borrow? I'll pay you back tomorrow.


If you buy 178 million tickets, that doesn't mean you will have a 100 percent chance of winning, right?


no those are the odds of winning but i think there over 20,000,000,000 combinations i mean 1/56 u get one right so then 56*55*54*53*52 then times 46 for the mega thats over 20,000,000,000 diffrent combos so no you would be at like 10% what they mean by the odds is if you were to play it long term thats your chance of winning over a period of time my guess would be around 60 years of playing your odds are 1-176 million
Cant Tell you Whats good....But i can tell you what's what
blade55555
Profile Blog Joined March 2009
United States17423 Posts
Last Edited: 2012-03-30 23:08:24
March 30 2012 23:08 GMT
#53
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs


So kind of you :D

I'm going to buy one today but dont' expect to win obviously. A man can dream though.
When I think of something else, something will go here
tw!tch
Profile Blog Joined October 2010
United States563 Posts
March 30 2012 23:08 GMT
#54
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs


I'll hold you to that!
Jaw
Profile Blog Joined July 2008
United States274 Posts
March 30 2012 23:13 GMT
#55
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs


1 in 175mil odd to get 10g for free count me in...
hYdrA-MeNo
Profile Joined January 2010
Mexico344 Posts
March 30 2012 23:14 GMT
#56
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs


Deal i bought 40 dollars worth if i win ill give everyone here 20g
Cant Tell you Whats good....But i can tell you what's what
tw!tch
Profile Blog Joined October 2010
United States563 Posts
March 30 2012 23:19 GMT
#57
Man, this thread has the nicest people...
CaucasianAsian
Profile Blog Joined September 2005
Korea (South)11582 Posts
Last Edited: 2012-03-30 23:20:00
March 30 2012 23:19 GMT
#58
:O!

gonna buy some now


If I win, i'll be sponsoring OSL and proleague.
Calendar@ Fish Server: `iOps]..Stark
Phelix
Profile Blog Joined July 2008
1931 Posts
March 30 2012 23:24 GMT
#59
On March 31 2012 08:07 hYdrA-MeNo wrote:
Show nested quote +
On March 31 2012 05:21 Recognizable wrote:
On March 31 2012 05:18 TheToast wrote:
Hmm the odds are 1 in 178 million, payout is 640 million even if it were split between several winners.... hey, does anyone have $178 million dollars I could borrow? I'll pay you back tomorrow.


If you buy 178 million tickets, that doesn't mean you will have a 100 percent chance of winning, right?


no those are the odds of winning but i think there over 20,000,000,000 combinations i mean 1/56 u get one right so then 56*55*54*53*52 then times 46 for the mega thats over 20,000,000,000 diffrent combos so no you would be at like 10% what they mean by the odds is if you were to play it long term thats your chance of winning over a period of time my guess would be around 60 years of playing your odds are 1-176 million

You'd also neglect at how much time you would have to spend to fill in the bubbles, as well as the amount of paper/ink that has to be used for printing the ticket itself.

On another note, I'm using my random number generator drawing from a container to pick numbers for me...I don't think that was a great idea.
Venture Capital is better off spent on lottery tickets rather than investing in E-Sports; you'll get a far better return. The difference is simple: Koreans are tryharding at the game, foreigners are tryharding in real-life.
FreezingAssassin
Profile Blog Joined March 2010
United States455 Posts
March 30 2012 23:32 GMT
#60
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs

|No turning back now!
"I love when stupid stuff happens, it makes me look smart" - IdrA
StarStruck
Profile Blog Joined April 2010
25339 Posts
Last Edited: 2012-03-30 23:49:19
March 30 2012 23:46 GMT
#61
On March 31 2012 05:10 spacemonkey4eve wrote:
Show nested quote +
On March 31 2012 05:06 mordek wrote:
Everett Eahmer, 80, of St. Paul, Minn., said he's been playing the lottery "since the beginning."

"If I win, the first thing I'm going to do is buy a (Tim) Tebow football shirt, and I'm going to do the Tebow pose," said Eahmer, who bought five tickets Thursday. "I'm with him in honoring a higher power."

I like Tebow, I share his views, but this quote had me cracking up hahaha


personally i'll be faith hilling cause tebowing is soooo 2011 (south park reference)


After reading the article I knew a South Park reference was bound to happen. Only took 4 posts. Good times.

640 million is ridiculous.

On March 31 2012 08:19 CaucasianAsian wrote:
:O!

gonna buy some now


If I win, i'll be sponsoring OSL and proleague.


Not a bad idea. I will do that too and buy my own team.

Bringing back the Fingerboom.
DuB phool
Profile Joined April 2011
United States1003 Posts
Last Edited: 2012-03-30 23:58:15
March 30 2012 23:56 GMT
#62
If I was old enough I'd buy a few just for fun. Like someone mentioned, if you think that spending a few bucks on it just for giggles is worth it... then it's worth it. Nothin' wrong with that!

Oh yeah, I'd totally donate a bunch to TL too. I'd finally have a way to give back!
Someone win and make the TSL4 prizepool insane! :D
"overwatch is jesus" - motbob 2016
Thienan567
Profile Blog Joined November 2010
United States670 Posts
March 30 2012 23:58 GMT
#63
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs


Word, I'll hold you to that.

I didn't buy a ticket, but my parents did. There was a huge line at the store for the lottery ticket machine earlier. Sucks that probably none of them will win it...lol
hYdrA-MeNo
Profile Joined January 2010
Mexico344 Posts
March 31 2012 00:02 GMT
#64
On March 31 2012 08:58 Thienan567 wrote:
Show nested quote +
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs


Word, I'll hold you to that.

I didn't buy a ticket, but my parents did. There was a huge line at the store for the lottery ticket machine earlier. Sucks that probably none of them will win it...lol


Someone has to win at somepoint
Cant Tell you Whats good....But i can tell you what's what
Megaliskuu
Profile Blog Joined October 2010
United States5123 Posts
March 31 2012 00:03 GMT
#65
That is...a lot of money....
|BW>Everything|Add me on star2 KR server TheMuTaL.675 for practice games :)|NEX clan| https://www.dotabuff.com/players/183104694
FlaShFTW
Profile Blog Joined February 2010
United States10172 Posts
March 31 2012 00:04 GMT
#66
if only i was old enough and i won... id donate at least 50 mil to TL, then save the rest.
Writer#1 KT and FlaSh Fanboy || Woo Jung Ho Never Forget || Teamliquid Political Decision Desk
TL+ Member
Kenpachi
Profile Blog Joined August 2009
United States9908 Posts
March 31 2012 00:13 GMT
#67
my SAT prep school teacher buys these every week. if he wins, he buys the entire class chinese food or sandwiches
Nada's body is South Korea's greatest weapon.
hYdrA-MeNo
Profile Joined January 2010
Mexico344 Posts
March 31 2012 00:42 GMT
#68
On March 31 2012 09:04 FlaShFTW wrote:
if only i was old enough and i won... id donate at least 50 mil to TL, then save the rest.


i dont know about that i would give tl something just not 50 million lol
Cant Tell you Whats good....But i can tell you what's what
1Eris1
Profile Joined September 2010
United States5797 Posts
March 31 2012 01:14 GMT
#69
Friend gave me a few, getting pumped
Known Aliases: Tyragon, Valeric ~MSL Forever, SKT is truly the Superior KT!
dAPhREAk
Profile Blog Joined July 2010
Nauru12397 Posts
March 31 2012 01:15 GMT
#70
im in an office pool of 70 tickets. i get 14%. i paid the poor man's tax. =D
VATO_Gandair
Profile Blog Joined November 2010
United States232 Posts
March 31 2012 01:47 GMT
#71
I would fund NASL forever.
I like the purple bags of skittles.
ItsYoungLee
Profile Blog Joined December 2007
Korea (South)227 Posts
March 31 2012 01:54 GMT
#72
Mmm that analysis on why buying lottery tickets is never a positive-EV decision was pretty interesting.
ePParamedico.160 (formerly ElParamedico)
dama
Profile Joined August 2011
19 Posts
Last Edited: 2012-03-31 02:09:51
March 31 2012 02:01 GMT
#73
Odds of winning jackpot are 176mill:1.
The payoff odds are 426mill:1.

So you get positive EV for up to 2 plays.

But then again I'm not taking into account the possiblity of multiple winners so EV is maybe less...
darmousseh
Profile Blog Joined May 2010
United States3437 Posts
March 31 2012 02:20 GMT
#74
bought my $5. Don't expect to win, but there's always a chance.
Developer for http://mtgfiddle.com
HeroHenry
Profile Joined November 2010
United States1723 Posts
March 31 2012 02:30 GMT
#75
I don't expect to win either.
HardlyNever
Profile Blog Joined July 2011
United States1258 Posts
March 31 2012 02:33 GMT
#76
On March 31 2012 06:35 Enki wrote:
My parents bought 5 tickets and my sisters work are pulling their tickets together. Was in town earlier and the gas stations were swamped with people. @_@

Show nested quote +
On March 31 2012 05:42 Durak wrote:
I hate lotteries based on utilitarianism: they take money from many poor, stupid people and give it to one person. At least it's taxed.

Alot of the revenue from ticket sales goes to state programs though. Here in Gerogia, the state lotterys here helps fund college scholarships. Yes, one person eventually gets a fuckload of money but I'm sure the money pulled in from all the ticket sales is worth it, before taxes even set in.


This is another reason why I didn't feel bad about buying lotto tickets when I lived in Georgia. The HOPE scholarship (the scholarship drawn from the lotto) paid for basically all my undergrad education. I didn't mind giving a few bucks back.
Out there, the Kid learned to fend for himself. Learned to build. Learned to break.
shinosai
Profile Blog Joined April 2010
United States1577 Posts
Last Edited: 2012-03-31 02:43:35
March 31 2012 02:42 GMT
#77
On March 31 2012 11:33 HardlyNever wrote:
Show nested quote +
On March 31 2012 06:35 Enki wrote:
My parents bought 5 tickets and my sisters work are pulling their tickets together. Was in town earlier and the gas stations were swamped with people. @_@

On March 31 2012 05:42 Durak wrote:
I hate lotteries based on utilitarianism: they take money from many poor, stupid people and give it to one person. At least it's taxed.

Alot of the revenue from ticket sales goes to state programs though. Here in Gerogia, the state lotterys here helps fund college scholarships. Yes, one person eventually gets a fuckload of money but I'm sure the money pulled in from all the ticket sales is worth it, before taxes even set in.


This is another reason why I didn't feel bad about buying lotto tickets when I lived in Georgia. The HOPE scholarship (the scholarship drawn from the lotto) paid for basically all my undergrad education. I didn't mind giving a few bucks back.


Yea. It's too bad the Hope scholarship is going away. They keep running out of money, and since they can't require the lotto to give more money (I'm not entirely sure why - they originally donated 29% of their profits, now it's something like 19%) they keep slashing funding. Won't last much longer since tuition and new students continue to rise.

But yea, I'm thankful for all the people in the world that don't understand probability. The uneducated funded my education. :O Not that there aren't a few swell guys out there like you buying a ticket to give back.
Be versatile, know when to retreat, and carry a big gun.
Steelavocado
Profile Joined May 2010
United States2123 Posts
March 31 2012 02:50 GMT
#78
If I won I would give 1 mil to Flash

All he would need to do in order to get that 1 mil is to switch to SC2

hehehehe
MIRACLE IS YOUR TI7 CHAMP
endy
Profile Blog Joined May 2009
Switzerland8970 Posts
March 31 2012 02:56 GMT
#79
I hope someone in this thread wins and sponsors an OSL.
Or even better, an MSL !
ॐ
dAPhREAk
Profile Blog Joined July 2010
Nauru12397 Posts
March 31 2012 02:59 GMT
#80
where do i go to see the lottery draw?
Charger
Profile Blog Joined September 2010
United States2405 Posts
March 31 2012 03:02 GMT
#81
Numbers are:

2 4 23 38 46 P23
It's easy to be a Monday morning quarterback.
0123456789
Profile Blog Joined November 2010
United States3216 Posts
March 31 2012 03:07 GMT
#82
Boo 4/6, no mega
HeroHenry
Profile Joined November 2010
United States1723 Posts
March 31 2012 03:07 GMT
#83
Yay won 2dollar
dAPhREAk
Profile Blog Joined July 2010
Nauru12397 Posts
Last Edited: 2012-03-31 03:19:02
March 31 2012 03:17 GMT
#84
FUCK YEAH! im a winner.

14% of $3

edit: and it only cost me $10
Darkchylde
Profile Joined January 2010
United States473 Posts
March 31 2012 03:28 GMT
#85
On March 31 2012 12:07 0123456789 wrote:
Boo 4/6, no mega


Damn, 4/6 is still really rare. I got 3 x 1/6
MooMooMugi
Profile Blog Joined January 2011
United States10531 Posts
March 31 2012 03:29 GMT
#86
3/6= 7$, 4/6=$150, 5/6=$250,000 some big differences there
|LoL & SC2 IGN both my username| Just livin' the baylife| Hearthstone ID: MooMooMugi#1544| Dank Memer since 2011
wooozy
Profile Blog Joined February 2009
3813 Posts
March 31 2012 03:35 GMT
#87
posting here for the free 10 grand!
blabber
Profile Blog Joined June 2007
United States4448 Posts
March 31 2012 03:38 GMT
#88
got a whopping ONE matching number on both my plays!
blabberrrrr
RCMDVA
Profile Joined July 2011
United States708 Posts
March 31 2012 03:55 GMT
#89

I heard on the radio from some lottery official, that over 90% of the possible number were picked. So there is only a very slight chance it will roll over.

But if it does...we are looking at over $900 million pushing $1 billon top end number... $500 million so after lump-sum + taxes.

http://www.megamillions.com/numbers/drawDetails.asp?drawDate=3/30/2012

And I had crappy numbers, only 1 match on my tickets.
dAPhREAk
Profile Blog Joined July 2010
Nauru12397 Posts
March 31 2012 04:00 GMT
#90
i read that they sold 1.5 billion tickets. crazy.
IMHope
Profile Joined February 2011
Korea (South)1241 Posts
March 31 2012 04:14 GMT
#91
bought 3 tickets and got zero numbers correct T.T
Jessica Jung, Kim Taeyeon, Kwon Yuri <333
hYdrA-MeNo
Profile Joined January 2010
Mexico344 Posts
March 31 2012 04:48 GMT
#92
i didnt win
Cant Tell you Whats good....But i can tell you what's what
qstah
Profile Joined June 2011
United States10 Posts
March 31 2012 05:49 GMT
#93
i heard there's no jackpot winner...new Jackpot could be over a billion bux...
Charger
Profile Blog Joined September 2010
United States2405 Posts
March 31 2012 05:52 GMT
#94
On March 31 2012 14:49 qstah wrote:
i heard there's no jackpot winner...new Jackpot could be over a billion bux...


There's at least one in Maryland. http://www.cnn.com/2012/03/31/us/mega-millions/?hpt=hp_t1
It's easy to be a Monday morning quarterback.
qstah
Profile Joined June 2011
United States10 Posts
March 31 2012 05:57 GMT
#95
ooOoo Crazy...even crazier if that was the only ticket
blade55555
Profile Blog Joined March 2009
United States17423 Posts
March 31 2012 05:58 GMT
#96
On March 31 2012 13:14 SeungHwan wrote:
bought 3 tickets and got zero numbers correct T.T


haha I bought 1 and no numbers correct as expected lol.
When I think of something else, something will go here
EvilTeletubby
Profile Blog Joined January 2004
Baltimore, USA22254 Posts
March 31 2012 06:08 GMT
#97
Argh. So close (geophraphically).

Wonder if it's anyone I know.
Moderatorhttp://carbonleaf.yuku.com/topic/408/t/So-I-proposed-at-a-Carbon-Leaf-concert.html ***** RIP Geoff
Recognizable
Profile Blog Joined December 2011
Netherlands1552 Posts
March 31 2012 07:13 GMT
#98
On March 31 2012 09:13 Kenpachi wrote:
my SAT prep school teacher buys these every week. if he wins, he buys the entire class chinese food or sandwiches


This is so sad. I wonder how many people that buy lottery tickets regularly look back after 10 or so years and calculate all the money they have wasted.
Zlasher
Profile Blog Joined February 2010
United States9129 Posts
March 31 2012 07:14 GMT
#99
15 tickets, 0 wins. No problem though

If nobody won (but someone in maryland did) and the prize pool was up to over 1 billion, then technically if you buy at least ~20-25% of the tickets you bought for this drawing, for the NEXT, then you are still making positive EV lol (assuming that you are the sole winner of the jackpot, if you win)
Follow me: www.twitter.com/zlasher
EvilTeletubby
Profile Blog Joined January 2004
Baltimore, USA22254 Posts
March 31 2012 07:20 GMT
#100
On March 31 2012 16:13 Recognizable wrote:
Show nested quote +
On March 31 2012 09:13 Kenpachi wrote:
my SAT prep school teacher buys these every week. if he wins, he buys the entire class chinese food or sandwiches


This is so sad. I wonder how many people that buy lottery tickets regularly look back after 10 or so years and calculate all the money they have wasted.



Probably not, which is why they keep playing. I'd also wager most of these same people fall into your standard Gambler's fallacy.
Moderatorhttp://carbonleaf.yuku.com/topic/408/t/So-I-proposed-at-a-Carbon-Leaf-concert.html ***** RIP Geoff
Bosu
Profile Blog Joined June 2008
United States3247 Posts
March 31 2012 12:29 GMT
#101
On March 31 2012 16:13 Recognizable wrote:
Show nested quote +
On March 31 2012 09:13 Kenpachi wrote:
my SAT prep school teacher buys these every week. if he wins, he buys the entire class chinese food or sandwiches


This is so sad. I wonder how many people that buy lottery tickets regularly look back after 10 or so years and calculate all the money they have wasted.


He buys his class food if he wins. He obviously does it for fun. It's a stupid use of money, but not sad if it makes the guy happy.
#1 Kwanro Fan
[UoN]Sentinel
Profile Blog Joined November 2009
United States11320 Posts
March 31 2012 13:50 GMT
#102
$150 here for 5 tickets, 3 of the numbers and the megaball. Not too shabby.
Нас зовет дух отцов, память старых бойцов, дух Москвы и твердыня Полтавы
spacemonkey4eve
Profile Blog Joined July 2011
United States267 Posts
March 31 2012 14:44 GMT
#103
^ that's a nice profit. I only managed to match 2 numbers no powerball which isn't even worth a prize.

3 confirmed winners: http://www.reuters.com/article/2012/03/31/us-lottery-megamillions-idUSBRE82U00W20120331?feedType=RSS&feedName=topNews&rpc=71
Rice
Profile Blog Joined July 2007
United States1332 Posts
March 31 2012 22:58 GMT
#104
On March 31 2012 07:48 bebe01 wrote:
bought $10 quick pick, if i hit it everyone in this thread gets 10Gs


the lottery wasn't a low enough chance, a particularly dangerous man such as myself is more suited to this challenge.
Freedom will be defended at the cost of civil liberties.
PolskaGora
Profile Joined May 2011
United States547 Posts
April 01 2012 01:31 GMT
#105
This was my first purchase of a lottery ticket since I turned 18. I bought 2 tickets at a gas station as I was on my way to ski trip and I hit 2 out of 6 with no mega, not too shabby for my first try. But ill probably never buy lotto tickets again until the jackpot is over $150 million haha
Tracking treasure down
Disregard
Profile Blog Joined March 2007
China10252 Posts
April 01 2012 02:19 GMT
#106
Better chances of getting hit by a car or strike by lightning!
"If I had to take a drug in order to be free, I'm screwed. Freedom exists in the mind, otherwise it doesn't exist."
[UoN]Sentinel
Profile Blog Joined November 2009
United States11320 Posts
April 02 2012 14:29 GMT
#107
Well I found out that my local radio station had a pool among their employees, they were 1 number off from winning the lottery. If they put 02 instead of 11, the jackpot would be split with them as well.

Still, $10,000 after taxes, $250 per employee, props to them.
Нас зовет дух отцов, память старых бойцов, дух Москвы и твердыня Полтавы
lwwkicker
Profile Blog Joined February 2012
United States140 Posts
April 02 2012 15:13 GMT
#108
On April 01 2012 11:19 Disregard wrote:
Better chances of getting hit by a car or strike by lightning!


You are more likely to get struck by lightning. Multiple times. In a row. You are also about 8,000 times more likely to get murdered than win.
Always here to help.
Kenpachi
Profile Blog Joined August 2009
United States9908 Posts
April 02 2012 21:22 GMT
#109
On March 31 2012 16:13 Recognizable wrote:
Show nested quote +
On March 31 2012 09:13 Kenpachi wrote:
my SAT prep school teacher buys these every week. if he wins, he buys the entire class chinese food or sandwiches


This is so sad. I wonder how many people that buy lottery tickets regularly look back after 10 or so years and calculate all the money they have wasted.

yeah but he wont be around in 10 years T_T
Nada's body is South Korea's greatest weapon.
Itsmedudeman
Profile Blog Joined March 2011
United States19229 Posts
April 02 2012 21:27 GMT
#110
If I win, I'll use all the money to buy more lottery tickets. Investing is the way to go.
blade55555
Profile Blog Joined March 2009
United States17423 Posts
April 02 2012 23:32 GMT
#111
On April 03 2012 06:27 Itsmedudeman wrote:
If I win, I'll use all the money to buy more lottery tickets. Investing is the way to go.


to bad someone already won
When I think of something else, something will go here
Disregard
Profile Blog Joined March 2007
China10252 Posts
April 03 2012 04:51 GMT
#112
Well, somebody wasted $10K on lottery tickets, but then again hes a professional sports athlete...

http://www.nba.com/2012/news/04/02/singleton-lottery.ap/index.html?ls=iref:nbahpt2
"If I had to take a drug in order to be free, I'm screwed. Freedom exists in the mind, otherwise it doesn't exist."
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