Statistics ?

Reply #10

sirbrad — Mon, 17 Oct 2005 19:56:08 GMT

What are the odds of all the 100 tickets coming out as 1,2,3,4,5, 6 and then the lottery drawing itself coming out 2,3,4,5,6 7? LOL! Technically they should be even, but are they? That would definitely send me up the creek.

Reply #9

Chewie — Mon, 17 Oct 2005 19:55:30 GMT

Actually, there can be an advantage of having the same numbers on multiple tickets. There was a guy, a year or two ago, who always played the same number. He forgot he had bought a ticket, so bought another one. Three tickets won the jackpot. He got two-thirds, because he had two tickets. If he had bought only one ticket, he would only have recived half.Buying one hundred tickets with the same number may not make a lot of sense, but if that number came up, the jackpot would be divided between al... [ More ]

Reply #8

RJOh — Mon, 17 Oct 2005 19:54:51 GMT

The nice thing about having a computer is you really don't have to know a lot about statistics to run a simulation to see what happens. If you regularly buy 100 tickets when you play PowerBall, just record them and check them after each drawing. If the older numbers win more than the most recent numbers then you will have one possible answer. I personally think 100 tickets are just as good as any other 100 tickets as long as there aren't any repeated combinations.RJOh

Reply #7

JAG331 — Mon, 17 Oct 2005 19:39:26 GMT

If you're going to spend $100 on a lottery game, the best time to do it is now, with a huge jackpot. Spending $100 might seem like a lot, but many lottery players spend $1000-$2000 a year, so $200-$300 on big jackpots two or three times a year isn't all that ridiculous, as long as you can afford to lose.Just make sure all six numbers aren't exactly the same on every ticket! Unless of course you're confident in your one combination and sure that someone else will win, ensuring you 100 shares of... [ More ]

Reply #6

LANTERN — Mon, 17 Oct 2005 19:32:30 GMT

A wheel, that is indeed another way to go.Just don't overdo the number of tickets that you will buy.Jag has a point also !, but it's a lot of money to spend.

Reply #5

Sheba2 — Mon, 17 Oct 2005 19:26:58 GMT

Did you mean that you would pick say 20 Numbers and just use thos e20 numbers to play 100 lines? Wheeling them is a good idea but if youdid do this I would still buy at least 1 insta pik.. as a backup play in case none of the 20 numbers you picked showed! Good Luck! Here is a 20 Number Wheel , Makes 10 Lines.. Just do this 10 times using the same numbers but In different sequences... Wheel's NumbersYour Numbers1__2__3__4__5__6__7__8__9__10__11__12__13__14__15__16__17__18__19__20__TicketNumbers1... [ More ]

Reply #4

LANTERN — Mon, 17 Oct 2005 19:19:15 GMT

When the odds are such as they are, 5 or a 100 numbers, it hardly makes any difference.Again, very very much good luck to you.

Reply #3

sirbrad — Mon, 17 Oct 2005 19:18:11 GMT

Yea only one of those tickets would be good anyway. You can't get the jackpot 100 times, only once. Hence the shared jackpot rules if more than one person hits it. You may as well burn the other $99, or give it to charity. Not to mention that you could lose out on your other tickets actually winning lower tier prizes more than once.

Reply #2

SProboscis — Mon, 17 Oct 2005 19:14:53 GMT

Hey, thanks for the reply. Its been a very long hard monday at the office. As soon as I posted the topic, I realized the stupidity of it. No more than 5 is a good way to go. Thanks again.

Reply #1

LANTERN — Mon, 17 Oct 2005 19:11:04 GMT

You said the very same numbers duplicated 100 times.You must be kidding, Right ?Buy just 1 to 5 quick picks and no more.Good luck to you.By the way, I have never taken statistics.Math ? What is that ? I have seen some books' covers at stores.Fernando.

Statistics ?

SProboscis — Mon, 17 Oct 2005 18:50:02 GMT

Ok, its been 20 years since I took a college statistics course. I purchased 100 Powerball tickets, would there be a greater chance of winning if I used the same numbers 100 times? or 100 tickets with random numbers selected. I am thinking the random numbers, but it is only a guess. Any thoughts