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FrustratedReply
PackMan Some of us here have been playing over 30 years. There are posts on this board that have discussed a lot of this, playing the same numbers and all. Someone pointed out that mathematically your numbers will hit, you just have to live 483 years to make sure it happens. You said, but i say no way because eventually the odds are in my favor... Not really. The odds are always the same, each drawing is an entirely new entity. There's no such thing as a perpetual set of nu
Oct 24, 2007, 12:53 pm - Coin Toss - Lottery Discussion Forum

N.J. Lottery's Cash 5 game grows to record $1.8 millionNews Story
Jackpot unusually large for a Pick 5 game The New Jersey Lottery's Jersey Cash 5 jackpot is so large that the lottery's web site jackpot listing is not designed to handle the large number. A section displaying the state's current jackpot amounts lists the Cash 5 jackpot as 18 thousand , but a red notice shown beside the jackpot section contains the message, The correct Jersey Cash 5 jackpot for Tuesday 10/23/2007 is $1,800,000 . New Jersey Lottery Acting Executive Director William T.
Oct 23, 2007, 10:22 am - Todd - Lottery News

Hoosier LottoReply
In September 1994, Hoosier Lotto replaced Lotto Cash. Hoosier Lotto was designed to have more winners and bigger jackpots and offered the only match two of six prize in a pick-six game in North America. The Hoosier websites I recently downloaded the results of all 1184 drawings from 09/24/94 to 10/05/07. I've started breaking down the data by comparing the file to itself. As you can see combinations of sixes only happened once and combinations of fives only repeated 44 times. T
Oct 10, 2007, 12:09 am - RJOh - Jackpot Games Forum

CBS publishes second hatchet job on lotteryReply
WeLL I was infering that large chain stores and spermarkets with multiple locations who sell lottery tickets have larger winners with bigger payoffs than in small corner stores: I was in one of those large chain convenience type stores early this morning in a very small town and saw a sign above the lottery machine saying that a $232,000 Rolling Cash winner was sold at that store. There is also a competing large chain convenience type store on the other side of
Oct 8, 2007, 5:13 pm - Stack47 - Lottery News

Lottery winner took a 2nd chance, walked away with $1 millionNews Story
O.K. Welty III's last-minute lottery decision became a profitable one for his family. Welty, a 44-year-old car salesman from Oregon, had been saving Illinois Lottery tickets he bought earlier this year. One of those tickets won him $1,000, which he thought was a pretty big jackpot. He decided to enter the Lottery's second-chance game because I figured I didn't have anything to lose. Welty typically plays the Lottery when the jackpots are high, and he'll buy the occasional scratch-off
Sep 26, 2007, 1:05 pm - Todd - Lottery News

A dollar and a dream true for PB and MM?Reply
If you continue that 146/5 13 more times, for a total of 14, then the odds become zero . That's the flaw in it. I'm sorry to repeat myself for the 37th time, but the people who agree with you are the only ones who think that anyone else thinks it works that way. Those of us who understand it have never said any such thing. It's all about proportions. Buying the 5 tickets that Guru has used in his example makes you 5 times more likely to win. Notice how the 5 is repeated. 1 in 145 million
Sep 6, 2007, 1:56 am - KY Floyd - Jackpot Games Forum

A dollar and a dream true for PB and MM?Reply
Guru101 1 ticket = 1 in 146,107,962 5 tickets = 5 in 146,107,962 OR 1 in 29,221,502.4 If you continue that 146/5 13 more times, for a total of 14, then the odds become zero . That's the flaw in it. 14 x $5 = $70, that's where the 70 came from. You don't realize you're promoting the idea that you could take the odds down to nothing with $70. That's why the 5 tickets reducing them by 117 million (146 - 29) is flawed. If it was purely a math problem, yeah- but in math prob
Sep 3, 2007, 10:37 am - Coin Toss - Jackpot Games Forum

Legally avoid the gift tax?Reply
Someone is going to shoulder the tax burden--why not give enough that will cover taxes. After a certain level, the Gift Tax is 46%, same as Inheritance Tax for anything over $1,000,000 (Lifetime Umbrella Exclusion) per person Liferime ($2.000,000 perperson lifetime if the gifting is done by a married couple), although this may be one of the two or three years that either the Gift Tax or the Inheritance Tax is in abeyance. I DO know that, as the law is currently written, the year 2010 in uni
Aug 14, 2007, 4:41 pm - AuntiePat - Lottery Discussion Forum

UK Lottery operator plans $500 million global lottery gameReply
---- The exchange rates have always made such a lottery almost impossible since even spending the equivalent of a dollar for a lottery ticket in some countries could cut deep into the average family budget. ---- Valid point, however, a global lottery will most likely be a collection of 1st world countries with one or two developing countries on the fast track to first world status. Third world countries, poverty stricken countries, anti gambling countries, and countries with strong religiou
Aug 12, 2007, 4:09 pm - Preppy - Lottery News

Maryland Lottery revenues hit record $1.5 billionNews Story
The Maryland Lottery's sales for the past fiscal year topped $1.5 billion, a record high, marking the lottery's 10th consecutive year of sales growth, lottery officials reported yesterday. From July 1, 2006, through June 30, prizes paid to players totaled a record $919 million, an increase of more than $16.5 million over the previous fiscal year. And retailers earned more than $112 million in commissions, an increase of $9.4 million. The lottery will contribute more than $494 million in reven
Aug 9, 2007, 9:34 am - Todd - Lottery News