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Arlington, TX United States Member #121706 January 15, 2012 15 Posts Offline | | Posted: January 31, 2012, 7:49 am - IP Logged | |
Quite often, I hear or read statements being made like " I wont play the Lottery unless its at least 50 Mill" or " Once it reaches 100 Mill, I'll play"..... I understand the odds are stupid crazy, but 1-2 dollars. Even after a roll, I mean what are you gonna do with a buck or 2? Buy a donut? You dont need a donut. Im just trying to understand the logic. Here in TX, our Lottery starts at 4 Mill, so probably 2.25 after taxes. I got into it with a buddy who made the remark. Im like "What, is that not enough for you"? lol | | |
Nova Scotia Canada Member #10116 December 27, 2004 566 Posts Offline | | Posted: January 31, 2012, 8:13 am - IP Logged | |
I have heard people say the same thing, they wait till a jackpot is really high, before buying a lottery ticket, which I think is really stupid- since they could win a jackpot easily, And therefore, I bet- they miss out on winning alot of times!! 
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Pennsylvania United States Member #74607 May 2, 2009 11111 Posts Offline | | Posted: January 31, 2012, 9:40 am - IP Logged | |
Quite often, I hear or read statements being made like " I wont play the Lottery unless its at least 50 Mill" or " Once it reaches 100 Mill, I'll play"..... I understand the odds are stupid crazy, but 1-2 dollars. Even after a roll, I mean what are you gonna do with a buck or 2? Buy a donut? You dont need a donut. Im just trying to understand the logic. Here in TX, our Lottery starts at 4 Mill, so probably 2.25 after taxes. I got into it with a buddy who made the remark. Im like "What, is that not enough for you"? lol Viewing the past jackpot payouts is a logical enough reason for me to continue on playing only when the jackpot rises above a certain amount. Why should I play when it's 12M and chances are it will still be there for me to play at 100M? A lot of jackpots go out at over 100M and when it climbs to that amount of money there are a lot of people jumping in to play...and in my little mind - that means more number combinations are being used up and someone is going to win sooner than starting at 12M and playing all the way up to 100-150M. Given the choice of a jackpot starting at 12M and a doughnut....give me the doughnut. At least I'll win the satisfaction of savoring something nice and sweet for my $2. I can even get coffee to go along with it!  | | |
Zeta Reticuli Star System United States Member #30849 January 17, 2006 7287 Posts Offline | | Posted: January 31, 2012, 10:58 am - IP Logged | |
Quite often, I hear or read statements being made like " I wont play the Lottery unless its at least 50 Mill" or " Once it reaches 100 Mill, I'll play"..... I understand the odds are stupid crazy, but 1-2 dollars. Even after a roll, I mean what are you gonna do with a buck or 2? Buy a donut? You dont need a donut. Im just trying to understand the logic. Here in TX, our Lottery starts at 4 Mill, so probably 2.25 after taxes. I got into it with a buddy who made the remark. Im like "What, is that not enough for you"? lol Pure unadulterated greed. They want everyone else to pump up the jackpot for them. It's Lotto, not horseshoes or artillery!
Close doesn't count! I sell everything at a loss but make up for it in volume
- Milo Minderbinder, Catch-22 There are two kinds of jackpot winners...the ones who remained anonymous and the ones that wish they had.
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Ridge Runner - Oracle of the Appalachians Way back up in them hills, son United States Member #74415 April 28, 2009 9579 Posts Offline | | Posted: January 31, 2012, 11:04 am - IP Logged | |
Personally, I figure my odds are the same no matter what the jp is and I only play 2 lines anway as a rule, so I'm in for every drawing.
And an added bonus is the less people playing, the less likely I'd have to split. . I will not comply. I will never submit.
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GO TIGERS MICHIGAN United States Member #82269 October 28, 2009 8814 Posts Offline | | Posted: January 31, 2012, 12:10 pm - IP Logged | |
Personally, I figure my odds are the same no matter what the jp is and I only play 2 lines anway as a rule, so I'm in for every drawing.
And an added bonus is the less people playing, the less likely I'd have to split. I agree. | | |
United States Member #4963 May 30, 2004 3392 Posts Offline | | Posted: January 31, 2012, 1:31 pm - IP Logged | |
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Take The Money And Run Hooksett, NH United States Member #111467 May 25, 2011 1704 Posts Online | | Posted: January 31, 2012, 1:35 pm - IP Logged | |
Right on psykomo.....right on!!!   MONEY is the root of all Easy lifestyle, Volunteerism in community, Instant immunity from poverty, Living & giving large.  | | |
Dutchess , NY United States Member #121976 January 21, 2012 339 Posts Offline | | Posted: January 31, 2012, 1:53 pm - IP Logged | |
Theres a guy 15 minutes from me that won 6 mill in the NY lotto last year.. It only cost him 5$.You never know.One mill and i'd be happy. | | |
Florida United States Member #121208 January 4, 2012 761 Posts Offline | | Posted: January 31, 2012, 2:56 pm - IP Logged | |
Theres a guy 15 minutes from me that won 6 mill in the NY lotto last year.. It only cost him 5$.You never know.One mill and i'd be happy. Had a former coworker that won a million 3 years ago......if that person can accomplish it, so can I...why not spend a few bucks ??? besides I don't smoke or drink, gotta have a smidge of sin in me, why not donate to something that benefits education AND possible financial freedom ? Jackpots...Just Average Citizens Keeping Possibilities Open Towards Security  | | |
United States Member #59839 March 13, 2008 1011 Posts Offline | | Posted: January 31, 2012, 3:55 pm - IP Logged | |
Quite often, I hear or read statements being made like " I wont play the Lottery unless its at least 50 Mill" or " Once it reaches 100 Mill, I'll play"..... I understand the odds are stupid crazy, but 1-2 dollars. Even after a roll, I mean what are you gonna do with a buck or 2? Buy a donut? You dont need a donut. Im just trying to understand the logic. Here in TX, our Lottery starts at 4 Mill, so probably 2.25 after taxes. I got into it with a buddy who made the remark. Im like "What, is that not enough for you"? lol Dizz The thing that bothers me the most when I see a post like this is why should it matter what / when / how someone else plays. I have four family members that have hit JP's and more is always better. A million dollars after taxes is not much and unless you already have everything you need, it won't be enough to make much of a difference. Most people are in financial trouble because of poor planning and winning the lottery won't help them much unless they seek help. The lottery is a game but should also be considered a high risk investment. Most who are not concerned with how much they win are only thinking about themselves, try planning for the children's children's, children and see how far a million after taxes takes you. RL A good system is like a sharp sword. Learn how to use properly or you might cut your own head off. | | |
adelaide sa Australia Member #37542 April 11, 2006 1727 Posts Offline | | Posted: January 31, 2012, 5:15 pm - IP Logged | |
here we have a game that the odds are 1 in 54 mill yet they start the ball rolling at 2 million. personally i never buy a ticket there, and try not to start buying them under 10. not that i couldnt do with 2 or 5 or 7 mill, id love it. but that the lotto org has decided a 1/25th payout is ok to start the ball rolling if i had more fibre , id hold off till 20 mill before betting but i cant resist $10M
mon/ lotto [27] 38 tue/oz lotto [] wed/ lotto [ ] thu / power ball[1.65] sat/ lotto [] sat /pools [18.30] keno [112] 66 scratchers [ ]
jan loss [171.90], profit 49.25 ; feb loss [ 125.90 ], profit 168.25 ; march loss [151.25] profit 4 ;april loss [250.90] profit 64 | | |
Connecticut United States Member #62108 May 29, 2008 13303 Posts Offline | | Posted: January 31, 2012, 5:27 pm - IP Logged | |
" I wont play the Lottery unless its at least 50 Mill" or " Once it reaches 100 Mill, I'll play"..... I'm one of those that say that and I say that because i would never want to work anymore without any fear of being broke.The reality is even if its 50 mil,you're lump sum would be between 23-20-ish million....then start the federal and state taxes and brings it significantly lower. Not to mention I'm certain there are always unforseen things that could drain the heck out of money(possibly developing health problems).It's one of those things where you have to think ahead and for me 100 mil taxed would make me comfortable no matter what comes my way.That's just my unbiased opinion Bread Not Bombs!.. Flour Power, - It’s the Yeast We Can Do | | |
Zeta Reticuli Star System United States Member #30849 January 17, 2006 7287 Posts Offline | | Posted: January 31, 2012, 5:38 pm - IP Logged | |
Just a thought, for those saying they don't play until the jackpot reaches a certain amount (this will never happen but let's say it did), what if everyone thought like that? It's Lotto, not horseshoes or artillery!
Close doesn't count! I sell everything at a loss but make up for it in volume
- Milo Minderbinder, Catch-22 There are two kinds of jackpot winners...the ones who remained anonymous and the ones that wish they had.
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adelaide sa Australia Member #37542 April 11, 2006 1727 Posts Offline | | Posted: January 31, 2012, 5:59 pm - IP Logged | |
heheh i m not saying i dont play for $1 mill, i play a game that starts at 70k and slowly jaclpots, upto 1m+ its just the odds are much more likely to let me win in that game a 6/38 not a 7/45. and yeah coin toss they might cancel the game if noone played , or change the odds. so too bad there would be other games. and actually i have always been a " im in every draww " type, but only recently decided to withold money form poor paying games, in the hope lotto gurus;s get their act together
mon/ lotto [27] 38 tue/oz lotto [] wed/ lotto [ ] thu / power ball[1.65] sat/ lotto [] sat /pools [18.30] keno [112] 66 scratchers [ ]
jan loss [171.90], profit 49.25 ; feb loss [ 125.90 ], profit 168.25 ; march loss [151.25] profit 4 ;april loss [250.90] profit 64 | | |
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