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Two workers in lottery pool sue over $118 million ticket

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Topic closed. 82 replies. Last post 12 months ago by dommom.

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maximumfun
maximumfun's avatar - Lottery-064.jpg

United States
Member #124626
March 16, 2012
1461 Posts
Offline
Posted: May 20, 2012, 3:23 pm - IP Logged

I can not BE the pool.

I am far too busy BEING one with the universe!

ahh ridge - i have much more modest expectations (BE the pool...) 

... sides we only need 1 atlas

... and since YOUR job is more volumous than that (universe being a tab bit... bigger)

i will continue with the mundane... Wink

    maximumfun
    maximumfun's avatar - Lottery-064.jpg

    United States
    Member #124626
    March 16, 2012
    1461 Posts
    Offline
    Posted: May 20, 2012, 3:23 pm - IP Logged

    Max:

     

    Regulars on here know you are PRO individual but notice how you gained an ally along the way who will now feel encouraged on his/her suicide mission? lol.

    **sigh** (muttering to self "BE the pool", "be THE pool", "be the POOL")

      OldSchoolPa
      OldSchoolPa's avatar - Lottery-057.jpg
      Gurnee, Illinois
      United States
      Member #50189
      February 12, 2007
      711 Posts
      Offline
      Posted: May 20, 2012, 5:39 pm - IP Logged

      lol - how about...

      1.  everyone put in the price of 1 ticket into the pool. 

      2.  pool manager buys tickets with the exact same number on each ticket.

      3.  pool manager hands out tickets, one to each member.

      4.  if they win - everyone cashes in their OWN ticket for their OWN portion of the pool.

      5.  those IN the pool have a ticket to prove it.  those NOT in - dont have a ticket.

      (typed using 'innocent-look-in-eyes' font)

      Blah blah blah.  Good idea, but runs counter to why people participate in pools.  If I only have one set of numbers at play, the last thing I want to do is create a shared jackpot scenario.  People do pools to have a few addional opportunities to win.  The perceived increased chance at winning is what drives people to pool money, not the increased and definite prospect of sharing that jackpot with people they may or may not like or care about.

      Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

        rad242

        Bahamas
        Member #114704
        August 5, 2011
        422 Posts
        Offline
        Posted: May 20, 2012, 5:46 pm - IP Logged

        Blah blah blah.  Good idea, but runs counter to why people participate in pools.  If I only have one set of numbers at play, the last thing I want to do is create a shared jackpot scenario.  People do pools to have a few addional opportunities to win.  The perceived increased chance at winning is what drives people to pool money, not the increased and definite prospect of sharing that jackpot with people they may or may not like or care about.

        The author was being FACETIOUS.

        "Freedom of Speech? Keep reading and you will discover that freedom comes at a price!"

          Jill34786
          Jill34786's avatar - Lottery-006.jpg
          Windermere, FL/Franklin, TN
          United States
          Member #50670
          March 1, 2007
          494 Posts
          Offline
          Posted: June 8, 2012, 10:52 am - IP Logged

          Two more workers from the bakery came forward to claim they were also part of this pool bringing the total to five.

          The latest 2 individuals had claimed that they last contributed to the pool on March, 30th and were not asked to contribute to the May 4th drawing. They claim they would have chipped in IF asked.

          Two of the twelve winners were first time players. 

          In the real world it is each individuals reponsibility to contribute to a pool, if you don't pay your share for the upcoming drawing because you were not asked that is too bad. 

          It doesn't matter if you contributed a month or a year ago. Simply put, you  pay you play.

            maximumfun
            maximumfun's avatar - Lottery-064.jpg

            United States
            Member #124626
            March 16, 2012
            1461 Posts
            Offline
            Posted: June 8, 2012, 2:01 pm - IP Logged

            this just isnt going to end until some judge creates enough 'history'/presidence for these cases to have a clean/clear-cut arguable line of either defense or blarney

              Lucky5of5
              Lucky5of5's avatar - Lottery-038.jpg
              Illinois
              United States
              Member #129183
              June 11, 2012
              86 Posts
              Offline
              Posted: June 22, 2012, 2:11 am - IP Logged

              This is what the judge should do.

               

              Take 9 and divide it by the total # of tickets purchased.

              Take that percentage and multiply it by the total jackpot.

              Take that number and divide it by the total number of people in the pool including the two people originally left out.

              Subtract the amount given to the two people left out from the total jackpot.

              Divide that amount equally by the remaning pool participants.

               

              Example.

              Assume the 11 each added $1.00.

               

              Take 9 and divide it by the total # of tickets purchased.

              9/20 = .45

               

              Take that percentage and multiply it by the total jackpot.

              .45* 118,000,000 =53,100,000.

               

              Take that number and divide it by the total number of people in the pool including the two people originally left out.

              53,100,000 /13 =  4,084,615.

               

              Subtract the amount given to the two people left out from the total jackpot.

              118,000,000 - 8,169,230 = 109,830,770

               

              Divide that amount equally by the remaning pool participants.

               109,830,770 / 11 = 9,984,615.

              I agree ... up to the last step. The members who paid more money into the May 4 drawing may have contributed varying amounts. If so, then their winning amounts should be calculated the same way.

                dommom

                United States
                Member #129914
                July 1, 2012
                1 Posts
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                Posted: July 1, 2012, 9:14 am - IP Logged

                I think they have a case-unless for some UNBELIEVABLE reason they seperated the tickets into two envelopes: 'past winning proceeds for new tickets' and 'this weeks players'.

                   
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