The vastness of the odds for a jackpot win...

Reply #31

sirbrad — Fri, 30 Mar 2007 01:44:49 GMT

Or sneaky enough to beat the already corrupt system...

Reply #30

KY Floyd — Wed, 28 Mar 2007 16:53:00 GMT

When you're smart enough to plan ahead it's not a gift, so there is no gift tax.

Reply #29

sirbrad — Wed, 28 Mar 2007 13:09:36 GMT

Which also means you will be sharing a lot more with the IRS via gift tax. What is the limit, about $12,000

Reply #28

KY Floyd — Wed, 28 Mar 2007 07:29:13 GMT

I'm in a much better position to win the record MM jackpot in early May because I've got a lot of friends and family to share it with.

Reply #27

tnlotto1 — Wed, 28 Mar 2007 02:30:57 GMT

i think im in a good position for a win also because i am single with no kids

Reply #26

sirbrad — Wed, 28 Mar 2007 02:24:51 GMT

not only is your life completely changed, your kids, and your grandkids lives are completely changed.

Not if you do not have any of those, which I don't nor want at this time. I have VERY little family, am very selective with friends, which makes me tailormade for a lottery win.

Reply #25

justxploring — Tue, 27 Mar 2007 04:15:25 GMT

Thanks, It's easy to manage my personal finances, since I don't have any money! LOL

Reply #24

Guru101 — Tue, 27 Mar 2007 03:56:16 GMT

I agree.

Oh, when you all hear about a guy from Indiana who has gone above and beyond anything imaginable, you know who it is.

Reply #23

guesser — Tue, 27 Mar 2007 02:50:58 GMT

This should be required reading for everyone on here - especially the newbies.

I could not have said it better myself, but I 'kinda' disagree - money IS the answer - IF it is handled right, and IF you make liberal usage of the word 'NO'. Obviously, there are exceptions to the rule, and that's the problem: we only hear of mainly the bad things that have happened to lottery winners, but the good things far far outweigh the bad. You cannot win 20-30 mill and then withdraw from life: you still n... [ More ]

Reply #22

psykomo — Tue, 27 Mar 2007 02:31:44 GMT

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Youuuuuuuuuuuuuuuuuuuuuuuuuuuuuu......................are greatw/

MONEY...............>>>>>>>>>>>>>>>>>let me know what to DO/M

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Reply #21

psykomo — Tue, 27 Mar 2007 01:01:34 GMT

with a name like RedToad??????????????????????????????????????

yoy shuddaa baaaaaaaaAAAAAAAAAAAAAAAAAAHHHHHpregrammer?

T0ad................................HOW do you LIKE the LOTTERY POST

Reply #20

RedToad — Tue, 27 Mar 2007 00:51:32 GMT

I have a system to beat the odds.

I am looking for an honest programer or programers.

https://www.lotterypost.com/thread/153503.htm

Reply #19

psykomo — Tue, 27 Mar 2007 00:47:06 GMT

letitride...........>

about $100 to $200 a week will GET you in the ballPARK>>>>>>>>>

for a lottery WIN in our LIFETIME>>>>>>>>>>>>>>>>>>>>>>>>>

ENJOYED this post and want to CONTINUE all otherrrrrrrrrr'sssssssss

LP member's..............................OPINION'sssssssssssssssssssssssss

THANK'sssssssssssssssssssssssssssssssssssssssssssssssssssss

toTodd for LP>>

if UUUUUUUUUUUUUUUUUUUWISH to WIN..................LETITRIDE... [ More ]

Reply #18

OldSchoolPa — Tue, 27 Mar 2007 00:00:29 GMT

odds smodds, oh my god i'm gonna win the jackpot one day soon...destiny baby

Reply #17

OldSchoolPa — Mon, 26 Mar 2007 23:56:38 GMT

Living ones life based on odds is boring! Besides, whoever reads the odds legalese on those playslips anyway...it's just the same as that fine print on all those credit card solicitations in my mailbox...who cares! All what is important is that number 1...everything after the in is there to keep the brainiacs from playing which allows other more needy (yes even JW was needy) folks to dream and play. I would say playing the lottery is a better habit than smoking and drinking...at least you h... [ More ]

Reply #16

Guru101 — Mon, 26 Mar 2007 23:16:06 GMT

I'm a very confident person. When it comes to me, no matter what it is that needs to get done, it's not a matter of if it will happen, but a matter of when. I will win a jackpot.

Reply #15

sirbrad — Mon, 26 Mar 2007 22:40:44 GMT

Yeah that is why I want the millions NOW, not 30 years from now when the million is actually a lot less. Not to mention the fact that you can do a lot more while you are young with that kind of money, at least physically.

Reply #14

guesser — Sat, 24 Mar 2007 21:34:47 GMT

Yeah, but just like sex: it's fun TRYING (to win the lottery).

You also need to understand most of us know the odds, and SOME of us are not playing to win the jackpot, ie; I myself am aiming directly for a PB Pick 5 and $200K.

Yeah, I know, the odds there are not so hot, but as a lot of us have said AD NAUSEUM: some folks bowl, golf, hunt, fish, go to movies, plays, broadway shows, car races, you name it, and those folks have no problem blowing THOUSANDS of dollars a year doing what... [ More ]

Reply #13

Stack47 — Sat, 24 Mar 2007 18:26:46 GMT

My statement was offhand and probably in error regarding PER WEEK 10-20. *Daily*, yes. However I stand by the basic premise. of investing your money.

I thought your basic premise was comparing the huge odds against winning a lottery jackpot to investing the money you spent chasing it. I suppose it depends on how you define huge jackpot , but it in the last Mega Million run, it took 5 weeks before people began noticing there was a huge jackpot ($130 million). The jackpot tripled in size ($39... [ More ]

Reply #12

justxploring — Sat, 24 Mar 2007 18:15:36 GMT

I agree. That's an interesting way of looking at it, Sirbrad. If someone earns a good living, however, I believe there can be a balance. Spend some - save some. Most working people today will not have over a million in the bank when they retire, although it's quite possible, depending on one's income, lifestyle and family situation. Anything can happen that will necessitate using those savings (losing a job, illness, college tuition, wedding, divorce, new baby) One thing that affects us a... [ More ]

Reply #11

sirbrad — Sat, 24 Mar 2007 06:30:52 GMT

I read all the millionaire books, however being a millionaire 30 years from now does me no good. It is really simple actually, if you play you have a CHANCE at becoming a millionaire...if you don't play and hang on to your dollars, you will be hanging on to poverty for 30 years and have NO chance. That is my philosophy. If you don't win, well you would have been broke anyway.

Reply #10

nclottoplayer — Sat, 24 Mar 2007 05:44:25 GMT

i agree with most of what you say here, unfortunately the odds are stacked against you., thats obvious, and i also agree with the fact that most systems, even the best, are a waste of time, and a shot in the dark.

but you fail to bring up the points about when some actually do win. your life is not just changed, its dramatically changed....especially if you hit hundreds of millions, not only is your life completely changed, your kids, and your grandkids lives are completely changed. you c... [ More ]

Reply #9

letitride$ — Fri, 23 Mar 2007 23:53:08 GMT

Grreat point, and is why so many play lotto. Your odds of existing are at least 1 in 200 million or so, because in the average, er, uh, you know sperm deposit during the reproductive act there are like 200 million, with ONE succeeding, which became you in the given gestation, so you already beat near impossible odds rivaling Mega Millions or Powerball! LOL

Reply #8

letitride$ — Fri, 23 Mar 2007 23:49:27 GMT

My statement was offhand and probably in error regarding PER WEEK 10-20. *Daily*, yes. However I stand by the basic premise. of investing your money. It does *not* have to start at age 10 (if per day, not per week as a toss in of funds). Even in the 30s you can literally become a millionaire (not a mega millionaire of course) over time before you are so old you could not possibly enjoy it. I am already doing it, and while not a millionaire, will probably be one within 35 years, which will make m... [ More ]

Reply #7

Prob988 — Fri, 23 Mar 2007 23:37:29 GMT

The odds against being born, ignoring the odds against your parents becoming lovers, are something like one in 70 trillion. The odds of your parents both existing is that number squared.

So what

Reply #6

justxploring — Fri, 23 Mar 2007 23:18:43 GMT

$20 a day is much, much different from $20 a week, which is what I thought you were saying. Sorry, I guess I wasted my time then, because we are saying the same thing. Yes, it is true that taking $20 every day and investing it at a young age like 25 or 30 will yield over a million dollars. I honestly don't know anyone who spends over $600 a month playing the lottery, which was my point.

Wait a minute! Why am I apologizing? This is EXACTLY what you wrote:

This means like 1... [ More ]

Reply #5

letitride$ — Fri, 23 Mar 2007 23:12:21 GMT

Woah, peace justxploring, I was not attacking you or anyone over lotto but I am a naysaying realist. :) Yes, I am a fan of yours, I really like reading your witty posts, they are among my favorites here on the site. :)

In truth, it IS possible to become a millionaire over a reasonable time with investing as I said, AND you do not have to start at age 10 as you say, you are overstating your otherwise reasoned and reasonable points! This fact is what shocks people, who always say they are brok... [ More ]

Reply #4

justxploring — Fri, 23 Mar 2007 22:19:08 GMT

This means like 10-20 bucks per week or so. If you took the same 10 bucks, weekly, used in lotto and invested it in interest bearing 5% + CD, in some years you WOULD be a millionaire!

Thanks for responding. Wow, I didn't know I had any fans. LOL Anyway, I agree you can save a lot of money over time by taking $10 a week and putting it away ($20 is much better) but it will not turn into millions of dollars, especially at 5% interest, which is why I highlighted those 2 words in red.... [ More ]

Reply #3

delS — Fri, 23 Mar 2007 20:32:00 GMT

I think what makes most folks go on is this: They think a random draw event can be predicted by analyzing past draws, to see hot and cold and overdue numbers.

I can't speak for everyone else, but I play because 1.) I have the means, 2.) disposable income that doesn't impact my quality of life in the least; 3.) somebody always wins, and my belief is, one day it will be my turn to step up to the winners circle.

welcome to LP

Reply #2

letitride$ — Fri, 23 Mar 2007 20:20:28 GMT

Hi, justxploring, I have read your posts for ages here, and am a big fan of yours. :)

I joined because I have read and read for eons and have not any 2 cents to show for it, and am fascinated by the whole topic. I am sure nearly everyone here realizes they are, in theory, wasting their money on these games, but play for diversion and a shot in the dark. I meant not to sound pessimistic per se, but honesty is a fault of mine so beware. :)

Like anyone, even die hard sceptics, I have bought... [ More ]

Reply #1

justxploring — Fri, 23 Mar 2007 19:38:10 GMT

Welcome to Lottery Post. Yes, everything you wrote is true. So why join a lottery board today just to remind everyone they are all wasting their money? Do you think we don't know that?

Many people here play pick-3 and pick-4 games and win once in a while. Not everyone here is just playing the big jackpot games, although I'm sure we'd all like to be millionaires. I play a game regularly that has 1:23M odds and realize I will probably be dead before my numbers come up, but it's a safer an... [ More ]

The vastness of the odds for a jackpot win...

letitride$ — Fri, 23 Mar 2007 19:21:18 GMT

I read online that the odds on a Powerball or Mega Millions jackpot win, is between 142 million and 176 million. To expect to win even ONCE in your lifetime, playing twice a week, no less, one would have to play for 435 thousand years, to hit in ONCE. Clearly, the odds of winning by buying a ticket are almost equal to the odds of winning by finding an unsigned QP ticket on the street and pocketing it from the unlucky stranger gambler that bought it and lost it, and winning with that! You simply