Posts: 10329 | Location: Somewhere looking for ammo that nobody has at a place I haven't been to for a pistol I couldn't live without... | Registered: December 02, 2014
I’m in a $5 pool at work and I get a “few” in my travels so I’m guessing I’m in for over $20+ a week. So far I won $11 which went right back in for more tickets. You also can’t win if you don’t play. Someone has to win, why not me !!
Posts: 111 | Location: Delco and LBI | Registered: April 20, 2020
This is false logic. Buying a ticket does not meaningfully change the odds of winning. Whether you buy a ticket or not, the odds are so close to zero that it makes no difference.
OTOH, every time you don't buy a ticket there is that much more money in your pocket. Some people might see that as a win.
Posts: 7927 | Location: NoVA | Registered: July 22, 2009
Originally posted by architect: OTOH, every time you don't buy a ticket there is that much more money in your pocket. Some people might see that as a win.
May I "disagree on a technicality?" There's not that much more money in your pocket, it's that those dollars simply didn't leave your pocket.
Beyond that, I'll agree that it's still a win.
I've only played a few times, but it's certain that I've spent more than I've brought in.
Politicians seem to have forgotten that they work for us, not the other way around. — — — — — — — — — — — — God bless America.
Posts: 16018 | Location: VA | Registered: July 15, 2007
Originally posted by sourdough44: Just shows how low the odds are. I’ve never bought a lottery ticket in my life, so I guess I could never win.
The odds of getting struck by lightening are 1 in 15,300. The odds of getting struck by lightening twice in a lifetime are 1 in 9 million.
That shows what long odds are, viz. a virtual impossibility.
The odds of winning powerball are 1 in 300 million.
In my finite math class at Cal State the teacher talked about the cali lottery. IIRC, the odds were 1 in 14 million. Again, virtually impossible. Yet, he confessed, he played every week. Ironic.