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Small Winnings Tax Question
Even the $2 win or $9 win?
Since a free ticket is a win, is that $1 to be reported?
The problem with the cash 4 game is a win is $5000. After taxes is $3500.
1:10,000 odds for $3500.
They withhold $1500 and give a W2, so it would be like a bonus on a job.
Oct 2, 2009, 11:23 am - bomatt - Lottery Discussion Forum
Odds are, stunning coincidences can be expected
Ever consider writing a book?
Thanks. I may write well, but that's a lot different than being a writer, and it's alot different than being a story teller.
yet 3 statiticians all report diifferent odds?
I read an article saying there are at least two diferent lotteries in Bulgaria. Early on I was under the impression that the one in question was 6/49, but another article says it's 6/42. That accounts for the 1 in 14 and 1 in 5.2 million figures. Nobody seems to know where the 1 in 4
Oct 1, 2009, 11:34 am - KY Floyd - Lottery News
Getting the Edge , may require going out on the limb !!
Thanks John, good point about a devation of cold numbers potential overweight ball (ball defective as stated in original post )
NOTA BENE: Usually when a game doesn't go according to negative expectaions, especially when winning player regularly overcomes the odds, the management starts an investigation begings to see what went wrong with the game.
And Bye the Bye, on a few occassions, I found that the ostensible 20 ball draw was actually 19 total but after the mishap was brought to superv
Sep 30, 2009, 4:32 pm - eddessaknight - Gaming Forum
THIS Is How It's Done (BIG PowerBall Win)
Exactly what I thought when I saw this.
Actually this system is pretty bad. There are 38 ways to lose on the Powerball alone and only one way to win.
The guy's spending 96 dollars and could be absolutely certain of winning at least twice, by covering all 39 numbers.
Similarly if one plays the different numbers for each of two tickets having the same powerball, one will have the maximum number of ways, 10, of having a powerball + 1 if that particular powerball comes up.
The extreme c
Sep 28, 2009, 11:46 pm - Prob988 - Jackpot Games Forum
Time to post my PB logic:
Taking any p5 game (or the main sequence in PB/MM):
Using a 36/5 game as an example
There is a pool size (P) = 36, and a draw size (D) = 5
The random odds of picking a number to eliminate, and having it not fall are (P-D)/P
Have you or anyone else found a way to reliably eliminate one number, at a higher percentage than this?
Sep 22, 2009, 1:51 pm - time*treat - Jackpot Games Forum
New game: NY Sweet Million
just clarifying, think you misread that
the prizes are fixed for Sweet Million
Except in the event there are more than 5 winners of the $1 million top prize, then they may make the smaller prizes pari-mutual
probably not very good odds for more than 5 to win first prize in a single draw, so not too much of a concern
still trying to wrap my head around how it compares to the other big games...maybe will toss a buck in the premiere game tonight and see how it goes
Sep 17, 2009, 12:17 pm - greengold - Jackpot Games Forum
Bulgarian lottery repeat probed
I was looking at a few lotteries and playing the previous winning combination may be a better strategy than playing 1 2 3 4 5 6 which is a popular strategy in lotteries with a *small pool of numbers. For example:
Playing the previous winning combination in the West Virgina Cash25 since it began on 02/06/90 would have matched 5/6 three times, 4/6 38 times and 3/6 316 times returning $1446 of the $2894 it cost to play.
Playing 01 02 03 04 05 06 in the West Virgina Cash25 since it began on 02
Sep 16, 2009, 4:29 pm - RJOh - Lottery News
keno should be easier to win than p-3
One of the few casinos anywhere which allow this large of a payout on Keno. Most casinos have a per-game aggregate payout limit ranging from $50,000 to $500,000. Some casinos offer 20-Spot games with a million-dollar payout but the payout percentages, for the most part, are between 40 and 50 percent - terrible bets.
$30,000 payout on a 1-Spot game meant that the bet was $10,000.
Odds of hitting 10 of 20 on an 80-number draw are 1::8,911,711.18.
gl
j
Sep 16, 2009, 1:47 am - johnph77 - Gaming Forum
Can it pass the "So what" test?
I was thinking what worries lottery directors doesn't have to be what any one player does, and could include an idea distributed across enough players to make a difference.
For example a random number selction system for Pick-5 that includes a wheel with 3 key numbers against all the other numbers. For 5/39 this would take only 18 lines and guarantee two 4 number prizes when the 3 keys are correct.
For Pick-6 a wheel with 4 key numbers against all the other numbers. For 6/49 this wou
Sep 6, 2009, 6:25 pm - BobP - Lottery Systems Forum
Never say never
While in 6/49 each and every combination always has a 1 in 13,983,816 chance of being drawn, it can be shown statistically that certain types of combinations are significantly more likely to occur when compared to other types in direct proportion to their populations.
The best answer to, What should I play tomorrow? Is almost always what's more likely to occur stacked with all the other more likely to occur types until the answer is narrowed down to something useful. Even when odds are bro
Sep 2, 2009, 4:08 am - BobP - Lottery Discussion Forum
