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At what level to you start to play MM or PB?
This is always an interesting question to ask. With the odds has high as they are I do not start to play Mega Millions until the Cash option after taxes is 20% of the odds. (Which is $35,000,000) I am surprised that many people still buy tickets when it is down to like the minimum $12M jackpot. Really the only smart way to play is to play when the Cash Option after taxes is more than the odds. This does not happen that often. In this cash the expected value of the ticket is more than the $1 you
May 4, 2008, 10:20 am - Bradly_60 - Jackpot Games Forum
Why you should win more times.
With Boxing you are playing 3 or 6 straight combinations for 50c total instead of separate as in Wheel. Because you put either 1/3 or 1/6 of 50c depending on doubles or not doubles, that is your payout, 1/3 or 1/6 the STR payout. Obviously if it's non-double you cover 6 STRs thus the odds are 6/1000. You can't number all the BOX combinations and base the odds that way, because some of them would have to have higher weight . It's like saying you have 10 bowlers, the odds of any bowler getting
Dec 31, 2007, 8:42 pm - LckyLary - Lottery Discussion Forum
Which is the Smarter Bet?
OK CoinToss and Justxploring, you're both right. What I meant was, the odds are good on the House giveaway, but there are other factors involved - Is the house somewhere you want to live, can you pay the taxes if you win, will you be able to afford property taxes and potentially higher utilities EVERY YEAR? With all due respect to St. Judes, how about can you trust the raffle is fair? That said, it's also a charity which has other rewards. Certainly, the odds on Lotteries are higher, but yo
Dec 20, 2007, 3:45 pm - Captain Lotto - Lottery Discussion Forum
Which is the Smarter Bet?
One in 7,777 is pretty good odds, but the entry price is pretty steep. For $100, you could buy 100 chances on your state Lotto or Powerball. The odds of hitting Powerball are fairly high - 1 in 46 million. Of course, hitting the second prize is easier, 1 in 3 million, and comparable to the prize on the house raffle.
Of course, the caveat is being able to pay the taxes on your winnings, should you be selected. It's also important to remember that your odds don't improve by buying more ti
Dec 19, 2007, 4:59 pm - Captain Lotto - Lottery Discussion Forum
Hoosier Lotto in a dry spell
Yes that is a long time. But you do have to look at the odds. I mean if the jackpot is really this high and they are only selling about $1.5 million tickets a drawing, that is a lot of uncovered combinations. Now for how long this has been growing the odds are probably pretty small that it would have lasted this long. But odds are odds. I really don't see how it could be a fraction of a percent though. I mean when the jackpot is small it seems like they don't sell many tickets at all.
Oct 18, 2007, 10:59 am - Bradly_60 - Lottery News
can the powerplay numbers be predicted?
Well first, the PowerPlay number is 1 number from its own separate pool of numbers. Second, I have said to people that a person could potentially cut their odds of a Pick 5 game down to less than Pick 4 game odds. Reason? Well because all the numbers drawn for a Pick 5 game all come from the same pool(for example, 1-36). In a Pick 4 game, all 4 numbers are chosen from a separate 0-9 pool. You can give yourself an advantage using a system by looking at something I call set characteristics for P
Sep 28, 2007, 12:06 pm - Guru101 - Jackpot Games Forum
Info On RNG'S
If it was not possible for people to increase their chances of winning perhaps there would be no reason to cheat, but even if they increase the odds against the players, some players can increase their own odds of winning, how can they control that other than by cheating?, the lotteries by now are aware that there are people who can win on games a lot more often than most others, a few members of LP seem to know how to win one or more lottery games a lot more often than they would if they bought
Sep 15, 2007, 3:31 pm - LANTERN - Lottery Discussion Forum
A dollar and a dream true for PB and MM?
What debate? I spotted erroneous information- five tickets taking approx. 146 million to one odds to approx. 29 million to one odds - going by that, with a small bankroll you could actually put the odds in your favor!
Why, how do the lottereis stay in business offering those kind of games?
Fractionalize all you want, every set of numbers is up against the same max odds- regardless of how many sets of numbers played. The only variable is how much each person is willing to spend.
Have a
Sep 2, 2007, 12:58 pm - Coin Toss - Jackpot Games Forum
Hoosier Lottery
Hey Floyd,
First let me say that as a rule I admire your posts. They are generally well thought out...well reasoned and well written. However, when it comes to the doings of the Hoosier Lottery reason (IMHO) does not apply.
Your point is well taken. I have been estimating the Hoosier Lottery's sales per draw as well and my figures are very close to yours. During this run I estimate that they are selling approximately 950,000 tickets per mid week drawing and about 1,200,000 for a weeken
Jul 30, 2007, 10:26 am - Uncle Jim - Lottery Discussion Forum
Someone explain...
While odds are always interesting the fact is there could be 3 different winning amounts on three tickets in a row and then no winners for 30 more tickets sold.
Sure, and you could go ten tickets in a row without a winner easily. And you could hit two days in a row on the Pick 3. My point is, is if you're going to spend your dollar, why spend it on something that is 48 times harder to get and then if you do manage to hit it, you get 80% less of a payoff? (i.e. the scratch off ticket vs a r
Jul 17, 2007, 9:50 am - Badger - Lottery Discussion Forum
