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$325 MILLION: Powerball lottery jackpot increased before draw date

Topic closed. 214 replies. Last post 5 years ago by mediabrat.

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rdgrnr's avatar - walt
Way back up in them dadgum hills, son!
United States
Member #73904
April 28, 2009
14903 Posts
Offline
Posted: February 11, 2012, 7:44 pm - IP Logged

Hello  rdgrnr,,, even though we never really chatted i just have to say that """ you always crack me up..your just so funny with the one liners..well good luck in tonights drawing buddy...just the little kid from da bronx....the good part of the bronx beleave it or not....lmao..and i have three logs on the fireplace now,its f  ing cold out here..PartyUS FlagParty

Thanks for the kind words gocart1. I was in NYC a few years ago. I don't know if I went through da Bronx or not. I was mostly around the Times Square area.

Nice little town ya got there, I like them hot dogs from those wagons with the umbrellas on the street corners.

Good luck tonight brother!


                                             
                     
                                         

 

 

 

 

                                                                                                   

"The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                            --Edmund Burke

 

 

    savagegoose's avatar - ProfilePho
    adelaide sa
    Australia
    Member #37136
    April 11, 2006
    3300 Posts
    Offline
    Posted: February 11, 2012, 7:54 pm - IP Logged

    its crazy to think that the next new inductee into the top 1% of Americans (well into the top 1%) is living life as usual right now and his/her ticket might be on a random shelf, kitchen counter, refrigerator door...and only a few hours or days away from drastically changing a family's life

    and the winner is, bill gates, and warren buffett,

    they decided to go halves after it went to $2, as they are kind of cheapskates.

    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

      mightwin's avatar - questns

      United States
      Member #103786
      January 5, 2011
      486 Posts
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      Posted: February 11, 2012, 7:55 pm - IP Logged

      When the Lotto gets this high, doesn't that basically bring out the groups of people who go out and try to buy every combonation?

      Lol I dont know exactly how many number combinations there are but lets say for example 5,000,000 total divded by 5 picks per play slip thats 1,000,000 play slips to keep track of and not to mention the number of tickets not to lose either, 200,000.

        haymaker's avatar - Lottery-012.jpg
        Egg Harbor twp.south Jersey shore
        United States
        Member #112968
        June 29, 2011
        3850 Posts
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        Posted: February 11, 2012, 8:03 pm - IP Logged

        Well, may yer givin' hand never fail ya, Lukep.    Thumbs Up

        nother country folk sayin,

        i guess they have stayin power cause,

          they are true, no matter what else happens,

        thanks dude. Thumbs Up

        Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

          RL-RANDOMLOGIC's avatar - usafce

          United States
          Member #59354
          March 13, 2008
          3962 Posts
          Offline
          Posted: February 11, 2012, 8:24 pm - IP Logged

          Lol I dont know exactly how many number combinations there are but lets say for example 5,000,000 total divded by 5 picks per play slip thats 1,000,000 play slips to keep track of and not to mention the number of tickets not to lose either, 200,000.

          Power Ball 5 white ball payout for buyout

          Cost = 5006386 * $2.00 = $10,012,772

          guaranteed prizes w/o PB

          5 of 5 = 1          * 1           = $1,000,000 
          4 of 5 = 270      * $100.00 =     $27,000
          3 of 5 = 14,310 * $7.00     =   $100,170
          ____________________________________________
          Total payout  w/o PB       = $1,127,170
          Total cost                      = $10,012,772
          Total loss                       =  $8,885,602

          total bet slips needed =   $1,001,277.2

           

          RL

          Working on my Ph.D.  "University of hard Knocks"

          I will consider the opinion that my winnings are a product of chance if you are willing to consider

          they are not.  Many great discoveries come while searching for something else

          USAF https://en.wikipedia.org/wiki/Prime_Base_Engineer_Emergency_Force

            US Flag Trump / 2016 & 2020  

            rdgrnr's avatar - walt
            Way back up in them dadgum hills, son!
            United States
            Member #73904
            April 28, 2009
            14903 Posts
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            Posted: February 11, 2012, 8:27 pm - IP Logged

            nother country folk sayin,

            i guess they have stayin power cause,

              they are true, no matter what else happens,

            thanks dude. Thumbs Up

            Actually, I heard that ages ago from a very old Irishman at the bar in an Irish joint in Chicago.

            He was sittin' at the bar with an empty beer glass and the barkeep asked him if he wanted another and he said no. I had seen him looking in his wallet just prior to this so I knew he didn't have any more money.

            I told the barkeep to get him one on me and when he gave it to him and told him I bought it for him he smiled at me and raised his glass and said "May your givin' hand never fail ya, lad." 

            I never forgot that.


                                                         
                                 
                                                     

             

             

             

             

                                                                                                               

            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                        --Edmund Burke

             

             

              Avatar
              Fantasy Land
              United States
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              September 29, 2004
              80 Posts
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              Posted: February 11, 2012, 9:20 pm - IP Logged

              There are 175,223,510 possible combinations. Assuming you could get 1 number set printed per second it would take 2,028 days, 1 hour, 11 minutes, and 50 seconds  to get every combination, assuming the store never closed and you never slept. Doing so would cost you $350,447,020 and return $64,166,120 in lower tier prizes plus the jackpot of $202,900,000 for a loss of $83,380,900 before considering the tax on the winnings.

                haymaker's avatar - Lottery-012.jpg
                Egg Harbor twp.south Jersey shore
                United States
                Member #112968
                June 29, 2011
                3850 Posts
                Offline
                Posted: February 11, 2012, 10:12 pm - IP Logged

                Actually, I heard that ages ago from a very old Irishman at the bar in an Irish joint in Chicago.

                He was sittin' at the bar with an empty beer glass and the barkeep asked him if he wanted another and he said no. I had seen him looking in his wallet just prior to this so I knew he didn't have any more money.

                I told the barkeep to get him one on me and when he gave it to him and told him I bought it for him he smiled at me and raised his glass and said "May your givin' hand never fail ya, lad." 

                I never forgot that.

                now i like it even more since i'm F.B.I.

                last time i was in chi. town-back in 83,

                we hung out w/ the locals and drank a beer called old style.

                don't know if they still have old style,

                but i know you have good karma.

                hope that will get ya a winner bro,

                now i'll make a new sayin, "may that return to ya" ridger. Smile

                Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                  dk1421's avatar - Lottery-024.jpg
                  North Carolina
                  United States
                  Member #64582
                  September 1, 2008
                  347 Posts
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                  Posted: February 11, 2012, 10:37 pm - IP Logged

                  its crazy to think that the next new inductee into the top 1% of Americans (well into the top 1%) is living life as usual right now and his/her ticket might be on a random shelf, kitchen counter, refrigerator door...and only a few hours or days away from drastically changing a family's life

                  That really puts it into perspective. And hope for all of us!!!

                  "Don't be a schmuck, always take the cash." -Coin Toss

                    Avatar
                    New Member

                    United States
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                    February 11, 2012
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                    Posted: February 11, 2012, 10:39 pm - IP Logged

                    Just a few more minutes... Definitely Good luck everyone..

                    And to those who think the Powerball is rigged; it is definitely not... if it is, the winning numbers will be 13 18 23 33 43 and the red ball 3

                     

                    Not saying these are bad numbers, but if the Powerball is rigged those numbers will be the only 6 numbers I can see coming out tonite.

                      Avatar
                      NY
                      United States
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                      October 16, 2005
                      3474 Posts
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                      Posted: February 11, 2012, 10:44 pm - IP Logged

                      Judging from the number of second place winners, it could be a while before anyone wins the jackpot.  Before the price increase, it was common for both MM and PB to have 10 or more second place winners for at least one drawing before the jackpots were won. 

                      When it's won, it going to be a big let down for those folks who think they deserve to win, especially if they think the winners are less deserving than themselves.

                      Figuring out what should happen according to probability is easy. Figuring out what will happen is a bit harder.

                      For the last drawing the advertised jackpot increased $50 million, which was about $33 million in cash. Putting $33 million into the jackpot pool at  $0.64 per ticket requires selling a little over 51 million tickets. Since the odds of winning the 2nd place prize are about 1 in 5.1 million we would expect to have had 10 winners.

                      Expected sales for tonight's drawing suggest sales of about  73 million tickets. That can be expected to result in 14 2nd place winners. About 40% of the possible combinations should be played, leaving about 60% unplayed. That means a rollover is about 50% more likely than a winner. Of course it all depends on the numbers that are drawn.


                        United States
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                        February 11, 2012
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                        Posted: February 11, 2012, 11:06 pm - IP Logged

                        I bought $10 worth of tickets tonight.

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
                          United States
                          Member #73904
                          April 28, 2009
                          14903 Posts
                          Offline
                          Posted: February 11, 2012, 11:11 pm - IP Logged

                          I bought $10 worth of tickets tonight.

                          Welcome to Lottery Post itduzz and best of luck to ya!   LepYes NodThumbs Up


                                                                       
                                               
                                                                   

                           

                           

                           

                           

                                                                                                                             

                          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                      --Edmund Burke

                           

                           


                            United States
                            Member #123013
                            February 11, 2012
                            5 Posts
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                            Posted: February 11, 2012, 11:12 pm - IP Logged

                            Welcome to Lottery Post itduzz and best of luck to ya!   LepYes NodThumbs Up

                            Thanks

                              ONEDAY's avatar - DiscoBallGlowing
                              OHIO
                              United States
                              Member #5328
                              June 30, 2004
                              1284 Posts
                              Offline
                              Posted: February 11, 2012, 11:12 pm - IP Logged

                              I bought $10 worth of tickets tonight.

                              i bought $8 in tickets too..4 lines..

                              how many numbers did auto pick give me : NONE..nada..not one number on any line..

                              oh well..back to pick3!

                              have a great winning day!

                                 
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