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Reach $300m in these current runs
Do you mean for this run? It will definitely break 400 eventually, and so will MM. It's just a question of when. They'll eventually break 500 too, and MM will probably get there well ahead of PB since the cap means it may have to reach record levels 6 times to pass 500.
Including the current draw, PB needs to sell about 196 million more tickets to fund a $300 million dollar annuity, which would be about $140 million cash. Probability predicts about 1.3 winners for that many tickets.
Inc
Apr 7, 2006, 2:50 am - KY Floyd - Lottery Discussion Forum
Lottery System - A Debate.
There is a difference between a lottery program and a lottery system. A lottery program is for storing and analyzing data from previous drawings. A lottery system is a strategy to pick, cover or match the winning numbers. Most lottery program will include some simple system like playing hot/cold numbers but most of their systems are just random numbers because two people using the same program will come up different combinations to play. If a program have some good analyzing tools then it's w
Apr 2, 2006, 5:19 pm - RJOh - Lottery Systems Forum
New lotto motto's
Team up with yourself, you'll be glad you did.
Split how many ways, stupid?
(Telly Savals as Big Joe in Kelley's Heroes)
No lotto partners, no partners claiming split jackpots
Better to solo and hit than to partner up and wish you didn't
Apr 2, 2006, 1:19 pm - Coin Toss - Lottery Discussion Forum
Lottery winners share money advice
Methinks the IRS is smart enough to know that paying someone a million or several million dollars a year for unskilled labor is a sham and the person who tries would be treated accordingly. And even if it did work, that money would be taxed again as salary, so it would be taxed twice. And if the amount was great enough, that would also be in the 24-35% marginal tax bracket, after the grandparents had already paid 25-35% tax on the amount. Plus the employer and employee would have to pay s
Mar 31, 2006, 9:24 pm - Uff Da! - Lottery News
Lottery winners share money advice
About 18 years ago a local man won an Illinois lottery jackpot, about 2.8 million,which spread out over 20 years was about $140,000 a year. Not great, but an okay sum of money. He tried his best to remain anonymous, because he was already going through bankruptcy proceedings and was trying to finish it up before he claimed the money so that he wouldn't have to pay his debts. The only person other than family that he told was their priest, who promptly gossiped it to the whole community. Somebody
Mar 28, 2006, 11:03 pm - mangeydog - Lottery News
N.C. lottery director says lower payouts could hurt sales
Quote: Originally posted by BevsPicks on March 13, 2006DoubleDown,
All we can do is wait and see. One other point. It seems ant most states begin their new lotteries with Pick 3 and Pick 4, sometimes they will a a Pick 5 game and THEN add a nationwide 6 digit game. Is NC just determined to do things backwards. It doesn't matter to me that they went through a whole lot to get the lottery. Like I said before I will remain a South Carolina lottery patron. I used to drive to the border to buy
Mar 16, 2006, 11:05 am - NCPicks - Lottery News
Does luck breed more luck?
I believe positive energy can have a cumulative effect. The expressions he's on a roll or when you're hot, you're hot refer to people with one good thing happening after another. Have you ever been in sales? When I worked in a store and had a good day, it seemed so much easier to do it again the next day. Then suddenly I'd get into a slump and 5 or 6 days would go by without a single sale. However, one reason is because enthusiasm and attitude is important in sales. The same goes for sport
Mar 15, 2006, 4:09 am - justxploring - Mystical Forum
Powerball Sets A New Record
And of course as noted in another thread...Powerball set a new record for having the lowest cash value ever. All these new records are nothing more than smoke and mirrors desigined to hype the game and sucker those who get excited by so called Record Breaking jackpots. The reality is the extended 30 year backloaded annuity (which nobody takes) is a bogus marketing plan that covers up the reduced cash value. Nothing has really changed except the fact that there are fewer winners, reduced cash
Mar 12, 2006, 11:02 am - Uncle Jim - Jackpot Games Forum
Probability of a MegaMillions rollover.
From the modeling equation, and the history of the MM, it is possible to estimate how many series of draws it will take before a MM run consists of 18 draws, which would probably reach a $400M annuity jackpot.
It turns out that the average draw, is the 7.63th draw, meaning that if you take the average of all draw numbers since the matrix change, it is 7.63. The modelling equation now gives the current sales, S, as, S = 9,827,428.44*exp(0.125*N) where N is the draw number. From this equati
Mar 5, 2006, 2:27 am - Prob988 - Jackpot Games Forum
jackpot lottery pool
But the problem for me is that while some pools do make more than they lose, almost all rely on quick picks, which, in my humble opinion, is the worst way to play a lottery. True, quick picks have won many jackpots, but the number is small compared to those that didn't win.
I fail to understand your point. When the jackpot is the goal, there is simplicity at its finest: you win, or you loose. It doesn't matter how many lost, how many lost less then anticipated, or, lost excactly what they
Feb 26, 2006, 1:32 pm - Chewie - Lottery Discussion Forum
