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Buying More Tickets Does Not Increase Your Odds.
The odds never change Todd. The lottery equation stays the same.
Odds of winning mega millions and powerball are 1 in 175 millions. If you buy 2 tickets your chances of winning are not 2 in 175 millions. You have 1 in 175 millions twice.
If the odds of winning with two tickets in mega millions or powerball are 1 in 175 millions. You have two tickets each with 1 in 175 millions not 1 ticket with 1 in 87 millions.
Mar 2, 2012, 12:55 pm - THRIFTY - Lottery Discussion Forum
Sweet Millions buy 5 get 3 free for January!!
With 1 in 3.8 million odds, even buying two tickets gives you odds of about 1 in 1900, assuming non of the numbers repeated. It's almost twice as unlikely as buing a P3 straight and winning.
Don't ever expect to win a JP, but if you want to play keep the budget small. The odds of a JP win might change significantly if you spend 1000 dollars, but that change simply isn't worth it.
I mean, if you've spent 70K on this game in 2 years, I'm assuming you've spent at least 100K on lotte
Feb 19, 2012, 10:35 am - Boney526 - Jackpot Games Forum
CNN producer tells what it's like to win lottery twice
ive never meet many atheists that play the lotto, logically they say, its stupid. sure quite a few will bang on all day about how the odds suck at me; and im more likely to get struck by a meteor. and quite a few will bang on about how they would share a win, but very few will ante up a buck.
personally im an atheist, but ill ante up the buck or $5, on the any odds are better than zero odds princilple.
as to god, ill wait until im dead to make my descision who to follow. i have eternity a
Feb 18, 2012, 8:46 pm - savagegoose - Lottery News
Lottery jackpots may get bigger
I doubt we'll see very many, if any, billion dollar jackpots. The odds of a rollover in the last jackpot were about 66% (Poisson distribution randomized calculation). The odds of it getting to $336 million were lower than this. The odds of rollovers decrease as sales increase, but even if three more drawings had the same level as the last, we would have had barely a 25% chance of reaching one billion beginning with a $325 million jackpot.
By the way the expectation value on this last jackpot
Feb 14, 2012, 11:12 am - Prob988 - Lottery News
i can't imagine powerball reaching 500 million...
It looks like sales are about half of what they used to be, but about twice as much money goes into the jackpot from each ticket.
That means that the jackpot is growing at about the same rate it did in the past, but each advertised jackpot along the way is the result of half as many tickets as it used to be. As a long term average the number of tickets sold before there's awinner is directly related to the odds. With the current odds of 1 in 175 million there will be about 1 winning ticket fo
Feb 9, 2012, 3:30 am - KY Floyd - Lottery Discussion Forum
Newbie with a few questions...
I'm generally a fan of the $20 games---although I just hit Five Hundo on a $10 game yesterday........One question: Are the odds really better on those $10 games in Georgia? You list the odds for the ten dollar game at 1:2.56, better than the odds for the twenty dollar game. If that is the case, you may want to go with the ten dollar game. You also mention at the bottom of your first post that you have had better results with the 'first' set of games--the ten dollar games. Maybe you should stick
Jan 25, 2012, 11:48 am - OldSchoolHits - Instant ("Scratch-Off") Games Forum
Are pre-draws corrupting your lottery strategy ?
You really mean this?
So if a person decides to play 1 number in a pick3 game, his or her odds of winning are not 1 in a thousand??????
So what you say is: when State A decides to start a pick3 game, the first day the odds are 1 in thousand, but after, let's just pull a number out of a head, after 2480 draws, the odds have changed???
Perhaps you might wanna stop smoking whatever it is you are smoking...
Jan 12, 2012, 6:47 pm - paurths - Lottery Discussion Forum
Are pre-draws corrupting your lottery strategy ?
Gotta quote this one, this is without any doubt the most weird, strange thing i have ever read in my entire life...
According to you, the odds in a pick 3 game, in which there are 1000 possible outcomes, by picking 1 number, are not 1 in 1000???????
Tell me something, what are the odds when flipping a coin? In case you would not be aware of it, a coin has 2 sides. So what are the odds for this in your mathworld??
Jan 12, 2012, 6:09 pm - paurths - Lottery Discussion Forum
Are pre-draws corrupting your lottery strategy ?
Yes the odds are 1/1000 but only if you play 1000 combinations which would mean you would only win 500 dollars in most states
The odds are not 1/1000 for a single straight played combination because there are mathematical rules called degrees of certainty that has to be applied where the odds can go into the 1000's of draws
and youre going to chance playing a combination that has already hit in the pre-draws ?
This is the point that ive been trying to make all along is that as long as
Jan 10, 2012, 9:47 am - crow - Lottery Discussion Forum
Lottery stop loss limit=$60 annually with three playing methods starting in 2012
Playing fewer lines and/or playing less often does NOT increase your odds of winning. Granted, the odds of winning are so long that playing more drawings and/or more lines only improves your chances ever so slightly, but that does NOT mean that fewer plays equals better odds. The ONLY thing this method does is save you money. Not that there's anything wrong with that, but don't be fooled into thinking that less-frequent playing is the path to big winnings.
But don't worry, Thrifty will be off
Jan 5, 2012, 4:34 pm - mediabrat - Lottery Discussion Forum
