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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

A dollar and a dream true for PB and MM?Reply
It's true that you only need 1 to win. Of course, the more tickets you buy, the better your chances of winning. If you play $1, your odds are 1 in 146,107,962. If you play $5, your odds are 1 in 29,221,592. Whether or not you should cut back is up to what you can afford. If you NEED to cut back, then you should.
Sep 1, 2007, 5:17 pm - Guru101 - Jackpot Games Forum

Are scratch tickets a total waste?Reply
You are so right Florida scratch off are a joke! I wont waste my money. I like to play the 500 Million scratch off here in GA where the odds are like 1 in 3.02, I always play 2 cards they are $20 a piece. And usually one is a winner and the other is not, I have a particular store I like to buy them at and my odds seem to be better at this store I always win more than I spent even if its by $20. I always take my small profit and not reinvest. I have found that buying the last 2- 4 tickets ar
Aug 28, 2007, 12:18 pm - Mrs147 - Instant ("Scratch-Off") Games Forum

Systems say don't play like this....Reply
Odds and probability are the same thing expressed in different ways. If 1 number is picked randomly from 1000 numbers the odds for a particular number are 1:999 and the probability of picking a particular number is .001 every single time, regardless of what the previous results were.
Aug 21, 2007, 1:06 pm - KY Floyd - Lottery Systems Forum

Systems say don't play like this....Reply
There are all kinds of reports saying what NOT to play, but you can never say never. The odds may be REALLY against a certain set of numbers, but the odds are never zero on anything, every time I say 'that will never happen', it usually does. (yes, I keep telling myself I will never win the lottery - that has not helped). The odds of numbers 1-2-3-4-5 hitting are pretty astronomical, but they are definitely not ZERO. There was a test game awhile back with 22-23-24-27-30, and I think the
Aug 17, 2007, 9:07 pm - guesser - Lottery Systems Forum

Powerball & Megamillions GrowingReply
The annuity value is nonsense and so, in some sense, is the cash value. What matters is the expectation value, which is the ratio of possible return to the odds of winning. By this score, at equivalent cash values, the Powerball is always a better bet than MM, because the odds against winning MM are so much longer. I have never chosen how to play on advertising. Advertising is often a deliberate attempt to mislead. The powerball annuity system is very misleading because the odds ar
Aug 16, 2007, 10:23 pm - Prob988 - Jackpot Games Forum

What if you find out ...no System "works" ?Reply
There's no system to beat casino crap tables, which is the only game that offers true odds (you just have to make a flat bet to take or lay odds). There's just a lot of baloney out there that tells you there are systems to beat the dice. Even if there was, a system maybe could prove itself one night, or one week, but no system could prove itself all the time. Now if dice with true odds can't be beat, do you really think there's s sytem out there that can go up agains 20 million to on
Aug 16, 2007, 5:49 pm - Coin Toss - Lottery Discussion Forum

Powerball & Megamillions GrowingReply
Odds of either game making it near $300 million are low due to the actual odds of them getting there. Powerball has also never rolled once it hits the cap. It doesn't mean it's not possible just very improbable. The cap of $390 is part of the rules of Powerball. I would doubt given the big rise in sales that it would hit a jackpot between $366-389. But you never know.
Aug 16, 2007, 9:39 am - dvdiva - Jackpot Games Forum

S.C. man wins major Powerball prize for second timeReply
That he is! And he is also proof that the odds can be odd and why not you or me! Yep, I know I am destined for 7 jackpots in my lifetime. The odds are odd, but they are what they are.
Aug 13, 2007, 11:04 pm - mylollipop - Lottery News

UK Lottery operator plans $500 million global lottery gameReply
As long as there's no federal prohibition against it the choice will be up to individual states, or the federal government could decide to offer it. The people who run PB and MM would be free to lobby against it, but they don't get to make the decision. Let's assume that for every dollar spent on the proposed lottery a dollar doesn't get spent on MM or PB. If the state sells that ticket, how does that reduce their income from ticket sales? If they keep 50 cents on the dollar, they'll make
Aug 12, 2007, 4:19 am - KY Floyd - Lottery News