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Statistics professor wins the lottery

Topic closed. 33 replies. Last post 6 years ago by LiveInGreenBay.

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Happyland
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September 1, 2013
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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?

P&L % = Total Win($)/Total Wager($) - 1

    KY Floyd's avatar - sunflowers avatar.jpg
    NY
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    October 16, 2005
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    "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.

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      100
      New York, NY
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      March 23, 2013
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      "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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        January 17, 2006
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        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
          25
          New Jersey
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          June 28, 2005
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          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!

          Catch-22: A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions.

          Corruptissima re publica plurimae leges: When the republic is at its most corrupt the laws are most numerous.

          The best way to learn is to never stop being a student!


            Belgium
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            March 26, 2016
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            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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              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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                February 14, 2006
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                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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                  August 20, 2005
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                  If he knows Tipton I would say his chances are really really good.

                    LottoAce's avatar - WWI Flying_Ace.gif
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                    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
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                      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 - lol
                        LOOK WHO IS LAUGHING NOW.
                        EUPHORIA.
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                        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 - lol
                          LOOK WHO IS LAUGHING NOW.
                          EUPHORIA.
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                          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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                            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. So many systems, so many theories, so few jackpot winners. 

                            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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                              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