Whos buying lottery?

[The Fight]

Well... I did. Just twice.
I'm actually surprised no one has brought it up yet. It's up so high I just don't know what to say, I mean if never won the lottery, so I don't know how much money is too much money.

Well it will be interesting to see who wins and how much will they win. I think it's up at 1.5 billion. All the things you can do with at money. I just hope the guy don't get a heart attack, lol that would suck.

1.5 billion is rich rich. If I won , I know exactly the person/sister that would call me first. Lol.

Any thoughts?

 

[bodia]

Can't win if you don't play, so I'm in. If I'm gonna dream big, I might as well drop a couple of bucks on the opportunity to fufill some of those dreams.

 

[JustRob]

I had to get in the pool at work.

I'll be d@mned if I'm going to be the only one of our crew stuck at work kicking myself.

 

[AP515]

I can't win cuz I won't play. One of the problems with being an engineer is knowing what the odds of winning do to your chances. 1/292 million doesn't excite me. Yeah, I know, somebody is going to win. I'm happy for them.

My dad used to say, "I'm richer by far, with a satisfied mind" (it's actually a phrase in an old Country song).

 

[veinbuster]

1/292 million doesn't excite me.

So that makes the expected value of the $2 ticket about $5. You can guarantee the net $3 by skipping the morning coffee at a lot of places.

 

[AP515]

So that makes the expected value of the $2 ticket about $5. You can guarantee the net $3 by skipping the morning coffee at a lot of places.

That's a contradiction in terms. The expected value can't be guaranteed... and I don't drink coffee.

 

[dmatthews]

 

[bluefade]

Can't win if you don't play, so I'm in. If I'm gonna dream big, I might as well drop a couple of bucks on the opportunity to fufill some of those dreams.

Can't LOOSE either...

 

[Faded]

I've always believed that the lottery is a tax on the math challenged. However, for 1.5 billion I don't mind being a little challenged. I'm buying one for the fun of it.

 

[11top]

So, if the winning combination is choosing 5(?) random numbers, then the odds of winning are the same whether the jackpot is $1 or $1,000,000,000; is that right?

 

[Dusty Chalk]

Correct. Your odds of sharing it go up, the more people play, but your odds of winning are exactly the same as they were before, irrespective of the jackpot.

That's a contradiction in terms. The expected value can't be guaranteed... and I don't drink coffee.

He's saying if you spend 5 less dollars than you normally would, and you spend 2 dollars on a ticket, then you've saved 3 dollars (rather than the 5 you would have saved if you hadn't bought the ticket).

It's the new math.

 

[11top]

Dammit...........now I'm afraid of going out of my house since I've learned that my odds are greater of being struck by an asteroid.

 

[AP515]

Dammit...........now I'm afraid of going out of my house since I've learned that my odds are greater of being struck by an asteroid.

They can hit the house too!

 

[11top]

They can hit the house too!

And your insurance will pay for it, too (unless you have State Farm or Allstate, of course).

 

[AP515]

And your insurance will pay for it, too (unless you have State Farm or Allstate, of course).

I'm thinking of a big one that wipes out the whole neighborhood, If your going to fear something, might as well make it worth the trouble.

 

[11top]

I'm thinking of a big one that wipes out the dinosaurs, If your going to fear something, might as well make it worth the trouble.

I fixed it for ya.

 

[AP515]

I'm thinking of a big one that wipes out the dinosaurs, If your going to fear something, might as well make it worth the trouble.

I fixed it for ya.

That is for sure the one that I need to worry about. I feel like a Dino most days...

 

[gush]

I play on occasion and I've got a couple tickets now.

If I win I'LL buy every forum member a set of winged tuners!

 

[sergiodeblanc]

Saw that at the convenience store today. I bought cigarettes and Gallo instead.

 

[alantig]

I'm throwing a few bucks at it. Faded is pretty much right - it's about as likely as me waking up in bed between Heather Graham and Brie Larson on Thursday, but I know that going in. But there will be the inevitable story about someone who ripped into their savings and spent some incredible amount on this.