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Mega Millions lottery jackpot raised to $262 million

Topic closed. 52 replies. Last post 11 years ago by Chewie.

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Ann Arbor, MI
United States
Member #20017
August 10, 2005
20 Posts
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Posted: November 10, 2005, 12:09 am - IP Logged

If nobody wins it on Friday, it will most certainly roll over $300 million. This way, a billionaire from California, New Jersey, Texas, or Washington (the no state income tax states) can buy 175,711,536 tickets (one of each possible combination) and still end up on the plus side post tax, cash option. Of course, this person would need to have already filled out the 35,142,308 forms (5 on each form) because it would take 11+ years at 10 seconds per form, without breaks, to complete. But since this guy is a billionaire, he would've hired several people to do this. And of course they would've had to start in 2002, when the latest version came out. So he would've had to have hired at least 4 people. Ok I'm going to stop now. Oh yeah, how many retailers would he have to go to after each one ran out of slips? And how much time would it take to purchase them all? Well, it was a nice thought. I guess I'll leave that to the billionaires. Good luck to everyone, especially me.

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    Louisville, KY
    United States
    Member #15734
    May 20, 2005
    203 Posts
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    Posted: November 10, 2005, 12:20 am - IP Logged

    I just have a gut feeling that when it rolls on Friday, it'll only go to $299M (+37M, the same as this draw)

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      BILOXI, MISSISSIPPI
      United States
      Member #19651
      August 3, 2005
      621 Posts
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      Posted: November 10, 2005, 1:15 am - IP Logged

      born in the the usa had some odds            how many coin toss with just heads is 175 million to one  a lot

        dvdiva's avatar - 8ball

        United States
        Member #2338
        September 17, 2003
        2063 Posts
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        Posted: November 10, 2005, 9:34 am - IP Logged

        Now that the jackpot is getting near the $300M range, the office pools will kick in and if it isn't won, it will climb even faster.  If it hits $300M, the local news will start covering it which will attract additional players from other states and there be an outbreak of lotto fever.

        The media is already covering it here in Detroit. They were telling everybody that you could buy a private island in Charlevoix (northern lower peninsula of MI) for "only" $5 million. The media onslaught is here, and here to stay until it is won. What I hate about that is how they explain all of these things that you "have a better chance of" than hitting MM... For example, they tell you you have a better chance of getting struck by lightning, getting in a car crash, or worse, being in an airplane crash. WHY WOULD I WANT TO KNOW THAT I HAVE A BETTER CHANCE OF DYING THAN HITTING MM????

        You're odds of dying are 100% in the long run. Your odds of winning are much less. Try more unlikely events.

        1. Getting beamed onto an alien ship to get a "probe".

        2. The big company you might work for decides your work is valuable like the CEO and gives you a heafty raise.

        3. You're struck by a meteorite on the way to get your ticket.

        4.Racoons possest by the devil rob you of your tickets.

        5.Detroit becomes a clean, well run, crime free city.

        If you're going to dream of something with low odds it might as well be something out of the ordinary. 

          RJOh's avatar - chipmunk
          mid-Ohio
          United States
          Member #9
          March 24, 2001
          19824 Posts
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          Posted: November 10, 2005, 1:23 pm - IP Logged

          If nobody wins it on Friday, it will most certainly roll over $300 million. This way, a billionaire from California, New Jersey, Texas, or Washington (the no state income tax states) can buy 175,711,536 tickets (one of each possible combination) and still end up on the plus side post tax, cash option. Of course, this person would need to have already filled out the 35,142,308 forms (5 on each form) because it would take 11+ years at 10 seconds per form, without breaks, to complete. But since this guy is a billionaire, he would've hired several people to do this. And of course they would've had to start in 2002, when the latest version came out. So he would've had to have hired at least 4 people. Ok I'm going to stop now. Oh yeah, how many retailers would he have to go to after each one ran out of slips? And how much time would it take to purchase them all? Well, it was a nice thought. I guess I'll leave that to the billionaires. Good luck to everyone, especially me.

          Actually since the 40 drawings after the matrix changed had sums or 74-213, ranges of 15-55 and gaps of 1-43, the next winning combinations is likely to be within those parameters and a billionaire could save himself a few million dollars by only playing combinations within those parameters.

           * you don't need to buy more tickets, just buy a winning ticket * 
             
                       Evil Looking       

            HiFi's avatar - police

            United States
            Member #3792
            February 21, 2004
            198 Posts
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            Posted: November 10, 2005, 2:00 pm - IP Logged

            i dont want any rollovers, i want to win on friday. Haha.

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              FLORIDA
              United States
              Member #5364
              July 1, 2004
              88 Posts
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              Posted: November 10, 2005, 7:03 pm - IP Logged



              Lurking11/09/05

              NOCOMP:....".For example, they tell you you have a better chance of getting struck by lightning, getting in a car crash, or worse, being in an airplane crash. WHY WOULD I WANT TO KNOW THAT I HAVE A BETTER CHANCE OF DYING THAN HITTING MM????"

              I totally agree w/ that point....why are they always using such dramatic Analogies to compare winning the MM OR POWERBALL.....????Getting struck by lightning, always something horrendus...my goodness, why can't they use an analogy like..."you have a better chance of getting a promotion or pay raise at your job, or better chance of finding true love...LOLOLOLOL





              This should make everyone feel better.



              I read somewhere that you are more likely to win powerball or MM than get killed by a shark.


              So, If I win does this mean I'm immune to sharks and their eating habits? What are the odds of a mega winner being eaten by a shark during a thunderstorm with hail the size of Chihuahua on the  waters edge  on the island of Manhattan?
                Down's avatar - Sphere animated2.gif
                Riverside, Ca
                United States
                Member #21722
                September 14, 2005
                173 Posts
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                Posted: November 10, 2005, 7:16 pm - IP Logged

                someones life is going to change forever on Friday night Smiley

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                  Bethesda, Maryland
                  United States
                  Member #16901
                  June 6, 2005
                  446 Posts
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                  Posted: November 10, 2005, 7:26 pm - IP Logged

                  Patriot11/10/05

                  CHEWIE SAYS:

                  "When I was in 'Nam, the famous quote was, you were safer here than walking on the LA Freeway.  I always mentioned that I prefered the LA odds."

                  My Reply:

                  In that case Chewie, I will walk with you anytime. American Soil, that feels like home.....By the Way...Just for the Record, I still prefer Northern California, many family members out there.

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                    Sparta, NJ
                    United States
                    Member #18331
                    July 9, 2005
                    1977 Posts
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                    Posted: November 10, 2005, 8:04 pm - IP Logged

                    You have to admit, all the stories about using the winnings are interesting.  Like paying the salary for the New York Yankees for 30 minutes (a pun).  No one ever does anything like that.  I don't know of any one in my world (outside of LP) who has any idea of odds.  When you mention 150 million to one, they get a blank look on their faces.  How much is a 150 million?  It like saying we are trillions in debt.  No one knows what a trillion actually is.  I sure don't!  Its a lot; after that, I have no idea.

                    Cheers

                    |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

                    I only trust myself - and that's a questionable choice

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                      Orange County
                      United States
                      Member #21658
                      September 12, 2005
                      31 Posts
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                      Posted: November 10, 2005, 9:47 pm - IP Logged

                      I just hope that whoever wins it (me!!) enjoys it with their loved ones.  Good luck everybody!Party

                      Luck be a lady tonight!

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                        Whitwell, TN
                        United States
                        Member #5461
                        July 5, 2004
                        56 Posts
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                        Posted: November 10, 2005, 10:03 pm - IP Logged

                        Good Luck to everyone on Friday!!!      Wink

                         

                         

                         

                        as always I'm Destinedtowin.    Cool      (me on Monday morning in the Lotto Office).

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                          New Member

                          United States
                          Member #25753
                          November 10, 2005
                          3 Posts
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                          Posted: November 10, 2005, 10:21 pm - IP Logged
                          Hi Everyone
                           
                          Long time reader, first time poster.

                          After I win, I'll make sure to give props to Lottery Post during the press conference. Wink
                          I live in Illinois, so there's no way to remain anonymous (even through through a fund).
                           
                          Good luck everyone!

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                            NY
                            United States
                            Member #23835
                            October 16, 2005
                            3474 Posts
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                            Posted: November 10, 2005, 11:10 pm - IP Logged

                            Chewie wrote: << How much is a 150 million?  It like saying we are trillions in debt.  No one knows what a trillion actually is.  I sure don't!  Its a lot; after that, I have no idea. >>

                             

                            Maybe this will be easier to really understand. If you spend $15,000 a year on tickets you can expect to win once every 10,000 years.

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                              NY
                              United States
                              Member #23835
                              October 16, 2005
                              3474 Posts
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                              Posted: November 10, 2005, 11:24 pm - IP Logged

                              If nobody wins it on Friday, it will most certainly roll over $300 million. This way, a billionaire from California, New Jersey, Texas, or Washington (the no state income tax states) can buy 175,711,536 tickets (one of each possible combination) and still end up on the plus side post tax, cash option. Of course, this person would need to have already filled out the 35,142,308 forms (5 on each form) because it would take 11+ years at 10 seconds per form, without breaks, to complete. But since this guy is a billionaire, he would've hired several people to do this. And of course they would've had to start in 2002, when the latest version came out. So he would've had to have hired at least 4 people. Ok I'm going to stop now. Oh yeah, how many retailers would he have to go to after each one ran out of slips? And how much time would it take to purchase them all? Well, it was a nice thought. I guess I'll leave that to the billionaires. Good luck to everyone, especially me.

                              Even if you could just walk into the lottery office and write a check in exchange for every posible combination, you'd probably have to be a moron to do it.  The last jackpot of 2004 was split between 3 winners. In 2003 nearly half of the jackpots were split between two winners. There can't be very many people who have managed to accumulate $200 million and are stupid enough to risk a 1 in 4 chance of losing $100 million against a 3 in 4 chance of making $50 million. Of course it could make for an interesting press conference.