Welcome Guest
Log In | Register )
You last visited December 6, 2016, 12:39 am
All times shown are
Eastern Time (GMT-5:00)

$330 MILLION: Mega Millions lottery jackpot nears record high

Topic closed. 125 replies. Last post 6 years ago by Coin Toss.

Page 5 of 9
4.36
PrintE-mailLink
Guru101's avatar - rw6jhh
Indiana
United States
Member #48725
January 7, 2007
1953 Posts
Offline
Posted: January 3, 2011, 10:25 pm - IP Logged

I Agree! whatever amount someone wants to spend is their decision, The odd will still remain at 176 million to 1. Your chances of getting eaten alive by a shark in the desert with no water is better!!! Just joking.ROFL

If you buy a $1 ticket, your odds are 1 in 175,711,536. However, you can increase your odds by purchasing multiple lines. So if you buy a $5 quick pick, your odds are 1 in 35,142,307(175,711,536 / 5). I happen to have $13 worth of tickets, so my odds would be 1 in 13,516,272, which is about the same as a single line in a Pick 6/49 Lotto game.

Gonna win.Big Smile

    barbos's avatar - gold bar-and-cash1.jpg
    California
    United States
    Member #23908
    October 17, 2005
    122 Posts
    Offline
    Posted: January 3, 2011, 10:34 pm - IP Logged

      As a matter of fact, the odds on 5 wagers are 1 in 175,711,531 but I won't argue just wish everyone good luck  and many big jackpots this year.Party

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      23261 Posts
      Online
      Posted: January 3, 2011, 10:41 pm - IP Logged

        As a matter of fact, the odds on 5 wagers are 1 in 175,711,531 but I won't argue just wish everyone good luck  and many big jackpots this year.Party

      No, no, no.

      The odds for 1 ticket is 1 in 175,711,536.  The "1" is the 1 ticket and the "175,711,536" are the number of possibilities.

      The odds for 5 tickets is 5 in 175,711,536.  Note the "5" is the 5 tickets, but the number of chances does not change, only the number of tickets purchased.

      Now then, odds are essentially fractions.  The 1 in 175,711,536 can be written as 1 "over" 175,711,536, or 1 "divided by" 175,711,536.

      So the 5-ticket purchase is 5 "over" (or "divided by") 175,711,536.  To get the traditional "your odds are 1 in ____" statement, you would just simplify the fraction, something taught in elementary mathematics, even these days.

      So buying 5 tickets would make your odds of winning the jackpot ..... drum roll please ..... 1 in 35,142,307.2

       

      Check the State Lottery Report Card
      What grade did your lottery earn?

       

      Sign the Petition for True Lottery Drawings
      Help eliminate computerized drawings!

        freeobama's avatar - Lottery-057.jpg
        Sunny part of town
        United States
        Member #102877
        December 27, 2010
        224 Posts
        Offline
        Posted: January 3, 2011, 10:48 pm - IP Logged

        If you buy a $1 ticket, your odds are 1 in 175,711,536. However, you can increase your odds by purchasing multiple lines. So if you buy a $5 quick pick, your odds are 1 in 35,142,307(175,711,536 / 5). I happen to have $13 worth of tickets, so my odds would be 1 in 13,516,272, which is about the same as a single line in a Pick 6/49 Lotto game.

        Sorry Guru101 the odds do not work that way, example  if you spent $13 your odds will be 13 in 175,711,536. Play to winDance

          Todd's avatar - Cylon 2.gif
          Chief Bottle Washer
          New Jersey
          United States
          Member #1
          May 31, 2000
          23261 Posts
          Online
          Posted: January 3, 2011, 10:51 pm - IP Logged

          Sorry Guru101 the odds do not work that way, example  if you spent $13 your odds will be 13 in 175,711,536. Play to winDance

          Please read my post, Guru101 is correct. 

          You are both stating the same thing, in fact. 

          Stating the odds as "13 in 175,711,536" is the same exact thing as saying "1 in 13,516,272".

           

          Check the State Lottery Report Card
          What grade did your lottery earn?

           

          Sign the Petition for True Lottery Drawings
          Help eliminate computerized drawings!

            visiondude's avatar - eye3logo
            light on my feet
            United States
            Member #356
            May 20, 2002
            2744 Posts
            Offline
            Posted: January 3, 2011, 10:52 pm - IP Logged

            or,  you could look at it this way from an additional common sense perspective......

            even if one did buy $100 worth in a game that has 176 milllion to 1 odds,  you realistically are still not giving yourself better odds of winning anything........ in light of the fact that people cannot even win the pick3 with any consistentcy,  and that after supposedly "effectively" covering the matrix field with more saturation vs dollar(s) spent.

            since we are discussing increasing one's odds/probability by buying more tickets,  when was the last time you heard of anybody that spent over $1000 on tix and won a jackpot?   ......i figured if we were debating buying 5 more tix to increase odds,  why not 1,000?

            truthfully,  it's a rare oddity to find anyone (or have someone admit to it) that spends over $100 a draw,  and almost extinct are the stories of those that do buy over $100 and win.   that's because everyone really knows what those odds represent

            fate based allows the person to sleep better before AND after the draw.

            if throwing more amounts of money at a draw "increases" one's odds,  then why wait until the jackpot reaches $330 million.

            that same "logic" would theoretically work at $12 million,  if it worked at all.

            and i know everyone in here wouldn't return a $12million dollar check,  so then,  why don't people throw $100 a draw at $12 million?   (.... you know why they don't)

                        "i am .........."meant to"       

            P.S.,  that RJoH  is a stand up guy.  thanks,  vision

                     until further notice,  it's  france everyday

              freeobama's avatar - Lottery-057.jpg
              Sunny part of town
              United States
              Member #102877
              December 27, 2010
              224 Posts
              Offline
              Posted: January 3, 2011, 11:00 pm - IP Logged

              Please read my post, Guru101 is correct. 

              You are both stating the same thing, in fact. 

              Stating the odds as "13 in 175,711,536" is the same exact thing as saying "1 in 13,516,272".

              I Agree! Ok now i understand!

                barbos's avatar - gold bar-and-cash1.jpg
                California
                United States
                Member #23908
                October 17, 2005
                122 Posts
                Offline
                Posted: January 3, 2011, 11:03 pm - IP Logged

                Please read my post, Guru101 is correct. 

                You are both stating the same thing, in fact. 

                Stating the odds as "13 in 175,711,536" is the same exact thing as saying "1 in 13,516,272".

                  You might be right but buying 87,855,768 tickets does not reduce the odds to 1 in 2 - there are still almost 88 millions possible combinations left over.

                  Avatar
                  New Member
                  Illinois
                  United States
                  Member #103561
                  January 3, 2011
                  2 Posts
                  Offline
                  Posted: January 3, 2011, 11:23 pm - IP Logged

                  Please read my post, Guru101 is correct. 

                  You are both stating the same thing, in fact. 

                  Stating the odds as "13 in 175,711,536" is the same exact thing as saying "1 in 13,516,272".

                  I like the math.  I now have a 1 in 351,423 chance.  Going out to get more tomorrow to reduce that even further.


                    United States
                    Member #103156
                    December 31, 2010
                    24 Posts
                    Offline
                    Posted: January 4, 2011, 12:09 am - IP Logged

                    go for it buddy..

                      Avatar
                      New Member

                      United States
                      Member #103392
                      January 2, 2011
                      1 Posts
                      Offline
                      Posted: January 4, 2011, 12:40 am - IP Logged

                      I will be there in Olympia sharing the manmoth spoil. Joint Winners!

                        savagegoose's avatar - ProfilePho
                        adelaide sa
                        Australia
                        Member #37136
                        April 11, 2006
                        3300 Posts
                        Offline
                        Posted: January 4, 2011, 1:17 am - IP Logged

                        so 2 tickets dont double your chances? o man i knew i should have got a pick 3 instead

                        2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                        keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                          butterflykt's avatar - Lottery-043.jpg

                          United States
                          Member #102743
                          December 25, 2010
                          108 Posts
                          Offline
                          Posted: January 4, 2011, 1:30 am - IP Logged

                          I will be there in Olympia sharing the manmoth spoil. Joint Winners!

                          As long as you are sharing it wth me!

                          All things are possible to those that believe!!!!!!Wink

                            Coin Toss's avatar - shape barbed.jpg
                            Zeta Reticuli Star System
                            United States
                            Member #30470
                            January 17, 2006
                            10348 Posts
                            Offline
                            Posted: January 4, 2011, 2:04 am - IP Logged

                            If you buy a $1 ticket, your odds are 1 in 175,711,536. However, you can increase your odds by purchasing multiple lines. So if you buy a $5 quick pick, your odds are 1 in 35,142,307(175,711,536 / 5). I happen to have $13 worth of tickets, so my odds would be 1 in 13,516,272, which is about the same as a single line in a Pick 6/49 Lotto game.

                            Nope.

                            Every line of numbers you play is up against the same odds, there is only one set of winning numbers drawn.

                            barbos is right.

                            If the fractionalizing theory worked people would just form pools and bet enough to "make sure" they won. Ha ha ha, the lottery loves that. They have this all figured out.

                            Take a pick 5 game where the odds are 575,757 to one. $5000 in tickets, according to your thoey, would bring the odds down to 115 to one. $20,000 would make the odds 28 to one. If it worked people would be taking out loans and winning $100,000 or more a pop.

                            And if you're theory worked on Mega Millions it would never have rolled over 15 times to get to a $330,000,000 jackpot.

                            You have $13 worth of tickets, each one up against odds of 175,711,536.

                            You are up against 175,711,536: 1 - 13 times.

                            Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                            Lep

                            There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                              Todd's avatar - Cylon 2.gif
                              Chief Bottle Washer
                              New Jersey
                              United States
                              Member #1
                              May 31, 2000
                              23261 Posts
                              Online
                              Posted: January 4, 2011, 7:27 am - IP Logged

                                You might be right but buying 87,855,768 tickets does not reduce the odds to 1 in 2 - there are still almost 88 millions possible combinations left over.

                              Actually, that's exactly what it does.

                              After purchasing your stated quantity of tickets, your odds would be 87,855,768 in 175,711,536.

                              Simplifying the fraction yields 1 in 2.

                              You seem to be caught up in the "wow, it's hard to win" syndrome.  Yes, it is hard to win indeed.  Buying several tickets does not make it easy to win.  However, it is important not to confuse the mathematics about it with the reality that any way you express it, it is still very hard and rare to win.

                               

                              Check the State Lottery Report Card
                              What grade did your lottery earn?

                               

                              Sign the Petition for True Lottery Drawings
                              Help eliminate computerized drawings!