No-one won the Saturday night drawing...there's another drawing tonight.
If there's no winner tonight, I will buy more tickets for the next two drawings.
I handed Thousands of Dollars to the Government in Taxes last Year. So far, I’m not a winner.
If I win, I’m going to buy Brian Williams a Lie Detector.
Lottery is a tax that people are willing to pay for a chance to have their lives ruined.
It gives me a chance to dream for a while. I would be happy to win more than I paid, and thrilled with any prize that ends in “million.”
“Lotteries are a tax on the mathematically challenged.”
Depends on your circumstances. If you need $500M PDQ for a life-saving surgery, say, the expected value would be high, even if the odds are vanishingly low.
Two of my brothers have won 300K and 280K in the lottery last year(one month apart from each other)
I read that that odds of winning tonight are about 258.9 million to 1.
I like to visualize that by imagining 5 million decks of cards stacked atop each other which would be about 47 miles high. Within that 47 miles, there is one joker. Now imagine that “deck” laid down along a 47-mile stretch of road. You start at one end and drive along side. At some point you decide to stop and pull out one card. If it isn’t the joker, you’ve lost.
He added if you don't buy a ticket your chances of winning are just as good as if you bought a ticket.
As seen on CBS Nightly News date unknown.
So far, I’ve done well on Powerball. I’ve never purchased a ticket. The money saved adds up over time.
These types of stories come up every time the jackpot grows.
Yes, the odds of winning are minuscule.
But, for a couple of bucks, it’s more fun than a beer.
I buy 4 separate tickets with the same number....
My chances don’t change but if some other screw head picks my numbers my share is larger than his or hers :)
The thing is, someone will win. Someone will beat the odds. The only way to make sure it ISN’T you is to not buy a ticket.
I’d rather have a vanishingly small chance than Zero chance.
Its worth the money as a fantasy. I buy lottery tickets about once very 25 years, but forgot to this time.
Dang. There goes the Bentley I was scoping out.
Well, you’d really do well if you take out a huge life insurance policy, then die within two years.
The very first day, he started the very first class with this line:
"I am going to teach you how to make money gambling."
Well! That got our attention!
He went on: "If a game returns ten dollars for a one dollar bet, and the odds are 11 to 1, it is a BAD BET. Do not play. If, however, a game returns ten dollars for a one dollar bet, and the odds are 9 to 1, it is a GOOD BET. Play until you are a multimillionare."
With that one set of lines, he turned ALL of us into non-players of state lotteries.
Perhaps that was his goal. :)
I only ever join the office pool. Not with the expectation of us winning, but with the desire to NOT be the guy who didn’t buy a ticket when THEY win. Actually given my luck buying in pretty much guarantees we don’t win, but I’m not staying behind while everybody else retires.
As an investment, or even a gamble, the lottery is strictly for the mathematically challenged. However I can justify spending a buck, or in this case two (it’s the price of a single ticket), on the basis of cheap entertainment. You can’t even see a movie anymore for less than a $10 spot. For two bucks I have been able to daydream about what I would do with an obscene amount of money, even after taxes. But of course, just like with the movies, I know it’s not real. I am buying a fantasy and that’s fine, as long as I understand that I am not going to win.
What it boils down to is that the guy in front of me yesterday dropped $50 on tickets and I dropped $2. We are both getting the same entertainment value and tomorrow neither of us will have $500 million. The difference is that he is out a nice dinner for two in a fancy restaurant, whereas I am out a candy bar.
The odds that you will win are vanishingly small.
The odds that someone will win are 100%.