Continue Wheeling??

Reply #25

ThatScaryChick — Tue, 14 Apr 2015 03:28:00 GMT

It sounds like you are having lots of luck and fun playing, Wintwice! Congrats.

Reply #24

Wintwice — Tue, 14 Apr 2015 03:20:22 GMT

Thank you all for your thoughtful responses! I truly appreciate all of the information provided here. For a genuine lottery novice, you've all taught me quite a bit.

I can report some results from my most recent wheel adventure on April 11...and they are surprisingly quite positive! I ended up catching three numbers in my 9-number wheel. That night, the third prize for FL Fantasy Five was $17.50. I think that's a bit higher than the normal advertised third prize of about $10 because it was a... [ More ]

Reply #23

Murgatroyd — Tue, 14 Apr 2015 02:18:32 GMT

If you play a complete 9-number wheel (=126 tickets) on Florida's Fantasy 5 you have a 63.3% chance of winning nothing at all.

If you buy 126 random tickets, the probability of winning nothing is less than one in a million.

With 126 random tickets, there's a 5.05% chance that at least one of your tickets will match exactly four balls.

With the wheel, you've got a 0.93% chance that some of your tickets will have four balls - but if that chance comes up, five or twenty tickets will have t... [ More ]

Reply #22

Technut — Sun, 12 Apr 2015 16:33:57 GMT

Reply #21

datamon414 — Sun, 12 Apr 2015 15:15:40 GMT

Wintwice,

Firstly, my heartiest congratulations on your recent win in Florida.

Personally, i feel elated when one of our members here, has that kind of success.

I feel like I know them personally,lol. Secondly, the only ridiculous question, is the

one that's NEVER asked.

Your decision how you continue to play in the future, should be like it was initially, just

play when you feel the urge. You convey the impression that you are fiscally grounded, and as such

will never squan... [ More ]

Reply #20

Raven62 — Sun, 12 Apr 2015 00:48:12 GMT

What you need is a Magic Wheel: One that takes Losing Numbers and turns them into a Winning Combination

Reply #19

cbr$ — Sat, 11 Apr 2015 20:39:02 GMT

If you like to wheel your numbers, you such do so. It a few things, or words in these statements that sound like shouldn't worry about a bite from the greed bug. Keys words, You your wife usually budget, putting money in your retirement account...etc. These are the steps you take to continue to enjoy your life style later after the both of you retire.

Reply #18

music* — Sat, 11 Apr 2015 19:47:54 GMT

WinTwice, Thank You for posting. You did good by splurging in your celebrations. 10% or less of your winnings.

You are a good example of looking forward to retirement. Looking at your future in rewind. Looking at your heirs and making your money last until death and beyond.

I hope that you are a frequent Lottery Post poster.

Reply #17

SergeM — Sat, 11 Apr 2015 15:31:11 GMT

The more numbers you wheel, the thinner the chance for a payout, generally speaking.

You can wheel all numbers with a wheel of 100 combinations, and you win maybe 5 dollars every single time, maybe only free tickets! Get real

Reply #16

SergeM — Sat, 11 Apr 2015 15:27:26 GMT

What is the cost of a combination?

What is the payout range for each chance?

How many combinations are there for each chance

Reply #15

SergeM — Sat, 11 Apr 2015 15:24:18 GMT

What is the price of one combination?

How many numbers are played? ...

Reply #14

LottoMetro — Sat, 11 Apr 2015 14:12:07 GMT

The thing to remember about wheeling is that it actually has a lower probability of winning than the same number of random tickets, but when you do win, lots of the tickets will win.

Sorry, but this is plain wrong. I can guarantee unique number combinations by wheeling. I cannot do so with random tickets. All told, the probability of winning for any given ticket is the same, thanks to the rule of independent events.

Anyway, there is no magic to wheeling. It is simply variance reduction. I... [ More ]

Reply #13

Wintwice — Sat, 11 Apr 2015 04:16:19 GMT

So, I can understand darthfury78's point here. How many people ever win the lottery once, much less twice? I think I may take my winnings and enjoy my brief day in the sun as a minor lottery winner. Maybe I'll pick up a Powerball or MegaMillions ticket if/when jackpots get astronomically high...though I realize the odds of winning those are about a million times worse than winning Fantasy Five again.

I was lucky...plain and simple. The odds are stacked against most of us and I beat 'em once.... [ More ]

Reply #12

ThatScaryChick — Fri, 10 Apr 2015 19:24:54 GMT

Really you would quit playing after winning $100,000? And remember that isn't even the full amount because taxes will get taken out of it so that doesn't leave you much. And yes I know it's still a lot of money and you could still do a bunch of things with that amount, but it's not enough money for most people to retire or quit their jobs for.

So yeah I would continue playing.

Reply #11

darthfury78 — Fri, 10 Apr 2015 18:44:16 GMT

If you won after winning Fantasy 5, why bother playing the other games? I say that you should quit while you are still ahead. If I had won $100K, I would not play the lottery ever again..

Reply #10

Murgatroyd — Thu, 09 Apr 2015 14:49:20 GMT

No. What he should expect is that a bit over a quarter of the time, he'll get exactly 35 free tickets. A bit under 1 in 12 drawings, he'll get exactly 15 3/5($10) for a total of $150, plus exactly 60 free tickets. Occasionally, he'll get 5 4/5($100) and 40 3/5($10) for a total of $900, plus exactly 60 free tickets. And if he's really, really lucky, he'll hit the jackpot plus 20 4/5 plus 60 3/5 for a total of $202,600, plus 40 free tickets.

The thing to remember about wheeling is that it actua... [ More ]

Reply #9

Raven62 — Thu, 09 Apr 2015 11:27:24 GMT

Some Things You Just Have to Decide for Yourself

Reply #8

RJOh — Thu, 09 Apr 2015 06:17:37 GMT

If he plays a 9 number wheel which covers 126 combinations he should expect to get at least 15 free tickets and a couple of 3/5($10) for a total of $20.

Reply #7

MonEl — Thu, 09 Apr 2015 04:29:39 GMT

Even the chances of getting just one number are not so good:

Prize Level Odds of Winning Est. Prize Est. Rolldown Prize

Overall Odds: 1:7.58

5 Balls

1:376,992 $200,000 -

4 Balls

1:2,432.21 $100 $555 (maximum)

3 Balls

1:81.07 $10 $20

2 Balls

1:8.39 Free Ticket Free Ticket

FANTASY 5 Odds of Winning and Estimated Prize Payouts

Reply #6

Stack47 — Thu, 09 Apr 2015 03:54:34 GMT

It shouldn't take long to figure out how difficult even getting a two number match is when wheeling nine numbers.

Reply #5

ThatScaryChick — Thu, 09 Apr 2015 02:35:50 GMT

If you're not dipping into money that is for bills, savings or whatever and you're having fun and still making money keep doing what is working for you. If you feel you are spending too much money then drop back.

Reply #4

RJOh — Thu, 09 Apr 2015 01:13:03 GMT

With Ohio's Rolling Cash5 jackpot being at $396K, it might not be a bad time to try that with it, if all five numbers were in the wheel a winner could end up with $402,640.00.

A 5/9 full wheel has 126 lines. With all all five winning numbers he would win the jackpot($396K), 20 second prizes($300), 60 third prizes($10) and 40 forth prizes($1).

Reply #3

Murgatroyd — Thu, 09 Apr 2015 01:12:17 GMT

I can give you the probabilities on a full 9-number wheel:

0.03% chance of jackpot (plus multiple lesser prizes).

0.9% chance of 4 balls (plus lesser prizes)

7.8% chance of 3 balls (plus a bunch of free tickets)

27.9% chance of 2 balls

--no prizes below this line--

41.9% chance of 1 ball

21.4% chance of matching nothing at all.

Reply #2

RJOh — Thu, 09 Apr 2015 00:50:14 GMT

I just go done responding to this same letter in another post. https://www.lotterypost.com/thread/288118

Reply #1

jr-va — Thu, 09 Apr 2015 00:44:54 GMT

I have a Gail Howard Wheel 5 book.

It's been some time since I read parts of it, but I think she says that the more numbers you wheel, the better your chances of trapping the winning numbers.

And then don't play a full wheel,just pick a partial one that gives you a reasonably good chance of winning.

Continue Wheeling??

Wintwice — Thu, 09 Apr 2015 00:02:13 GMT

Hello all! First of all, I'm new here - so I apologize in advance if my question seems ridiculous or obvious to any members.

I'm hoping you might offer me a little advice.

In the not too distant past, (last few months) I was lucky enough to win a Florida Fantasy Five jackpot. The total was just short of $100,000. Needless to say, I was beyond shocked. I'm not really a regular lottery player. Maybe a few Powerball or MegaMillions tickets now and then when the jackpots reach stratospheric he... [ More ]