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Statistics professor wins the lottery

33 replies. Last post 19 days ago by LiveInGreenBay.

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Happyland
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Posted: November 14, 2016, 7:57 pm - IP Logged

All of my stat professors in college played the lottery for this very reason....to use it as an example.

I'm sure Nicholas will remark on all the times he didn't win when telling his class all about it.

Of course, now that he has won, those other times don't really matter. But for the rest of us they do LOL

If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

2016: -48.28% (13 tickets) ||
P&L % = Total Win($)/Total Wager($) - 1

    Avatar
    NY
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    Posted: November 15, 2016, 1:18 am - IP Logged

    "What are the chances that a statistics professor would end up winning the lottery?"

    Even if he never played the lottery the professor could probably tell us that it would depend on how many lottery tickets are bought by statistics professors. Just like the chances that a guy named Englebert would win the lottery.

    Perhaps the most significant thing in the story is that a guy who's a statistics professor bought a QP instead of spending time choosing numbers that weren't randomly generated.

      Avatar
      New York, NY
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      Posted: November 15, 2016, 12:19 pm - IP Logged

      "But now he doesn't only know the math solution.."

      That's funny. What is it? I'm sure it will change with the next drawing..lol...funny

      "What are the chances..."

      I'd say very high...

      But Congrats, because it is not easy especially with the major jackpot games. I couldn't even begin to imagine a "solution" to tackle those.

        gocart1's avatar - lighthouse
        ONEONTA,NEW YORK
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        Posted: November 15, 2016, 12:30 pm - IP Logged

        This professor needs to be a member on this site .   Then show some of us what he does and how he did it.  Yet it was $100k so probably about $70 - $85 k.  Not bad.

        I Agree!...........PartyUS FlagParty

          Raven62's avatar - binary
          New Jersey
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          Posted: November 15, 2016, 1:10 pm - IP Logged

          Story mentions Powerball. Presumably had 4 of 5 plus the powerball number while playing the power play- if power play was 2x, $50,000 prize doubles to 100K.

          Odds of Matching 4 +1: 1 in 913,129.18

          A mind once stretched by a new idea never returns to its original dimensions!

            Sunglasses's avatar - nicebear
            Zaperlopopotam
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            Posted: November 15, 2016, 1:29 pm - IP Logged

            All of my stat professors in college played the lottery for this very reason....to use it as an example.

            I'm sure Nicholas will remark on all the times he didn't win when telling his class all about it.

            Of course, now that he has won, those other times don't really matter. But for the rest of us they do LOL

            How many mathematics professors are there in the USA playing lottery games? If every professor buys a ticket one or more times a week, how many professors win how much? Put costs and wins in a table by game.

            What are people expecting to read when they see an article starting with, a professor won in the lottery? I'd say, people want to know how he did it to copy him.

            LOL

            .
              psykomo's avatar - animal shark.jpg

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              Posted: November 15, 2016, 2:20 pm - IP Logged

              ALL you Nauti Buoys and Gulls:

              Nicholas said he teaches students about winning the Powerball, now that his quick-pick ticket won he is going to try to incorporate the Psykomo Theory of LUCKOMO in his core studies of winning the lottery!                                                    Party Dance  Party     

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                Kentucky
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                Posted: November 15, 2016, 2:24 pm - IP Logged

                ALL you Nauti Buoys and Gulls:

                Nicholas said he teaches students about winning the Powerball, now that his quick-pick ticket won he is going to try to incorporate the Psykomo Theory of LUCKOMO in his core studies of winning the lottery!                                                    Party Dance  Party     

                LOL

                  Think's avatar - lightbulb
                  Marquette, MI
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                  Posted: November 15, 2016, 3:03 pm - IP Logged

                  If he knows Tipton I would say his chances are really really good.

                    LottoAce's avatar - WWI Flying_Ace.gif
                    N.C.
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                    Posted: November 15, 2016, 3:59 pm - IP Logged

                    This professor needs to be a member on this site .   Then show some of us what he does and how he did it.  Yet it was $100k so probably about $70 - $85 k.  Not bad.

                    yeah, wouldn't it be wild if he joined this site, and posted his work?

                    "know your limitations, but excede your expectations"

                      LottoAce's avatar - WWI Flying_Ace.gif
                      N.C.
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                      Posted: November 15, 2016, 4:00 pm - IP Logged

                      Congrats to the professor. maybe next time he will hit it big and end up on an island with Mary Anne!

                      "know your limitations, but excede your expectations"

                        mypiemaster's avatar - 2015021003pileofcash
                        JACKPOT HUNTER

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                        Posted: November 15, 2016, 5:53 pm - IP Logged

                        ALL you Nauti Buoys and Gulls:

                        Nicholas said he teaches students about winning the Powerball, now that his quick-pick ticket won he is going to try to incorporate the Psykomo Theory of LUCKOMO in his core studies of winning the lottery!                                                    Party Dance  Party     

                        I Agree! Once you buy your ticket, it's all about luck and nothing else.

                        Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                        Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                          mypiemaster's avatar - 2015021003pileofcash
                          JACKPOT HUNTER

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                          Posted: November 15, 2016, 6:16 pm - IP Logged

                          Why is a Statistics Professor who should be developing and using fancy systems buying quick pick tickets? Inquiring minds want to know. This is completely counter intuitive and probably represents some kind of a paradigm shift.  Ahhhhh forget it. The guy just bought a ticket and won. Let's not overthink this.

                          Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                          Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                            Coin Toss's avatar - shape barbed.jpg
                            Zeta Reticuli Star System
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                            Posted: November 15, 2016, 6:58 pm - IP Logged

                            From the OP;

                            He said he teaches students about winning the Powerball, so now that his quick-pick ticket won he's going to try to incorporate that into his lesson plans.

                            Statistics professor + QP = $100,000 win. He that has ears let him hear.

                            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.

                              psykomo's avatar - animal shark.jpg

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                              Posted: November 15, 2016, 7:28 pm - IP Logged

                              Why is a Statistics Professor who should be developing and using fancy systems buying quick pick tickets? Inquiring minds want to know. This is completely counter intuitive and probably represents some kind of a paradigm shift.  Ahhhhh forget it. The guy just bought a ticket and won. Let's not overthink this.

                              MPM:Party

                              My aunt use to say a long time ago...."It ant easy to win lottery"!!!!!!!!!cause, it......takes "LUCKOMO" 

                                                                                   PartyDance..............................................Sulk Off      Party