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I am physic but not a magician!
Hmm, sounds like a pyramid scheme to me.
So this pool is run by some big organization? Which lotto is this for? Assuming it was a twice-weekly lotto like Powerball or Mega Millions, your $50 would go towards 8 drawings per month. That's $6.25 per draw. For 10,000 tickets there must be 1599 other people in the pool with you. If you split a jackpot and you get 10%, each of the other 1599 people would get .056% each. If the jackpot was $20,000,000 cash (for example), you would get $2,000,000 and
Jan 22, 2009, 1:38 pm - Stew12 - Lottery Discussion Forum
Piqua lottery winners sued by co-workers
I've never been in a lottery pool before, so I'm not sure how it runs.
If a office pool is say...10 people....is each drawing $10 always? What I mean by that is if the 10 people pitch in $1.00 each for a $10.00 ticket..and it turns out NOT to be a winner..then the next drawing is $1 ea. for $10. ticket again.
If their $10.00 ticket turns out to win say $7.00, do they still collect $1.00 from everyone for $10...and ADD the $7 previous win for a total of $17.00 worth of tickets?
I could u
Jan 1, 2009, 1:44 pm - Lotto*Love - Lottery News
Piqua lottery winners sued by co-workers
Hi, Libra926
Happy New Year to you too! I am almost sure I posted the reason why we stopped the pool, but to my surprise, I now see it isn't there. The company I used to work decided to downsize and offered a package to those who wanted it. Two of us in the pool took that offer, so we took our money bags and left and the pool dissolved. I wasn't really that specific on my original post, I just said two of us had decided to quit our jobs.
I now Lotto on my own, but only every now and t
Jan 1, 2009, 12:58 pm - AmuzingP3s - Lottery News
It's getting hard to stay enthusiastic...
I go with the best of both worlds, we have a pool of 18 people ($5/week) and I pick numbers/tickets for the pool. My percentages have been a little better than average (so no one thinks it is a bad strategy), and I get to test improve my systems with larger amounts of tickets. I email out statistics and updates for each draw and we also post the tickets and results on a website we created just for the pool. We have a nice SQL database and the site automatically shows the tickets that won (and ho
Nov 8, 2008, 4:33 pm - Stew12 - Lottery Discussion Forum
Why is keno so hard to win?
Keno isn't necessarily that hard to win. But, since fewer people play the game, the top prize winners aren't always given media attention.
The game is played with different matrices in different areas, altering the odds of winning. As an example, in its most popular form, 20 numbers are drawn from a pool of 80 numbers. The odds of hitting 10 of 10 in this game are 1::8.911,711.18. The Michigan Daily Drawing game draws 22 numbers from an 80 number pool - the odds of hitting 10 of 10 in this ga
Oct 21, 2008, 1:03 pm - johnph77 - Jackpot Games Forum
New Powerball / Mega Millions Survey
I like the idea...
A lot.
Whenever I do a lotto pool at work, I have to write up legal documents to have everyone sign, and I have to go nagging people for money, and it is such a pain, I only do it if the jackpot is 200+.
With this pool, I could have an easy worry free pool.
Sep 16, 2008, 4:12 pm - grengrad - Lottery Discussion Forum
I always get bummed
The only two times I came close to being bummed out was when I had all six winning numbers on a $5 ticket and the best I could do was match 3+1 and 2+0 for $150 and match 2+1 and 3+0 for $17 but I was happy to just win anything at all.
I was using a system that uses a pool of 25 numbers for the core combinations and a pool of 10 numbers for the bonus numbers. The odds of all six winning numbers being in those pools are about 1:600 and I did it twice in one year. I always thought if I ever go
Sep 1, 2008, 12:54 pm - RJOh - Jackpot Games Forum
A life of leisure doesn't cut it for lottery winner
A hairdresser who won a lottery jackpot as part of an office pool has opened her own hair salon just yards from the shop where she used to work.
Natalie McGuire, 27, was part of a pool of fellow employees that won a 2.9 million (US$5.4 million) UK National Lotto jackpot last year.
But after living the high life and visiting places like exotic Mauritius in the Indian Ocean she has opened her own salon employing three of the other girls from her pool.
Natalie, from Castlemilk, said, The s
Aug 25, 2008, 9:27 am - Todd - Lottery News
Ohio Rolling Cash5 jackpot at $324,000
Your last explanation was right, you may have all 5 winning numbers in a pool of 22 numbers but your odds of matching 5 is still 1:26,334.
I checked the previous 10 drawings for 1222 drawings of RC5 and only 288 had all 5 winning numbers and the pool sizes were 23-34 numbers. One time on 04/07/08 none of the numbers in the previous 10 drawings were in the winning numbers.
I would like find a pool with 20-25 numbers that had all the winning numbers 25% of the time.
RC5=Ohio Rolling Cash
Jul 9, 2008, 3:03 pm - RJOh - Pick 5 Forum
Ohio Rolling Cash5 jackpot at $324,000
I think I get it now (please correct me if I'm still wrong). When it says:
5 out of 5 = 57 draws
It means that out of the pool of 22 (or whatever) numbers it gives you to play, the 5 winning numbers drawn were IN THAT POOL 57 times. It doesn't mean it won the jackpot 57 times... just that it managed to get the 5 winning numbers in the pool of numbers it provides 57 times.
Is that correct?
Jul 9, 2008, 2:46 pm - Pinback - Pick 5 Forum
