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thoughts on lottery syndicates
......gonna need a lot more than that, That made me laugh for no apparent reason it's a valid point - but again it only takes one ticket to win. If they buy just the $2 with no powerplay or double chance if available, then that 20*2 = $40 every draw. I would be interested to know how many members are in the syndicate and how much they contribute. For some silly reasons I have always had the notion that lottery syndicates not the office ones buy like $10,000 or more worth of tick
Aug 22, 2023, 7:55 pm - JustMaybe - Lottery Discussion Forum

Mega Millions Just The Jackpot
To your point about variance, yes, JTJ is obviously going to be higher than a regular ticket. Both are going to be a huge variance, regardless. So, if variance is the concern, don't play the games to begin with. You will get a few bucks back by playing a regular ticket and hitting the minor prizes, but as percentage of $ spent, it's still very low. The return is basically predicated on hitting the jackpot, which the average person more than likely would not hit in a thousand lifetimes. Ther
Jul 17, 2023, 8:17 pm - Orange71 - Mathematics Forum

Lotto Jackpot Questions
Why play like that? There definitely are a couple of good reasons why players do it. Players in NY and Florida commonly play the same set of five numbers multiple times in their respective states Pick5 games. Because the jackpots are parimutuel (divided equally among all winners) a player can steal money from the other winners of the jackpot by playing the same set of numbers multiple times. The parimutuel-ness of the game can be tipped in one players favor. For instance - if the total
Jul 7, 2023, 8:58 am - GiveFive - Lottery Discussion Forum

Washington Lottery Hit 5 ticket worth $755,000 expires soon
Makes no sense! Happens all the time... Here's an 2016 article title just for my state: Since 1997, more than $60 million in Wisconsin Lottery winnings have gone unclaimed, according to figures supplied to USA TODAY NETWORK. From the year before: More than $2 million was left on the table by Wisconsin residents who had winning lottery tickets but failed to collect their cash in fiscal year 2015, (doesn t include scratch-off tickets). Each year!! , the amount typically fell between $
Jul 6, 2023, 10:37 pm - Nikkicute - Lottery News

The $29.95 Non-Believerz
I too see endless jawjacken...from you. Math is cool, math is great, math is perfect, math can't lie and on and on and on..... That all leads to you being unable to use any of that math to win any sizable sum of money playing the lottery. So go ahead and show us all how you use math to find that elusive bonus ball by narrowing the field down by a useless 50%. So you use math to have that one ball appear in a field of ~13. Now what do you do with that information? How do you use that inf
Jul 6, 2023, 5:39 pm - Mr-B 216 - Lottery Discussion Forum

Massachusetts store clerk indicted after stealing lottery ticket worth $3 million from customer
All states are different. Based on what I know about the California Lottery and what I have read, I think even under this scenario the CA Lottery would not pay the claimant. There's a precedent of going out of their way to find the original owner. I agree these are interesting hypothetical scenarios to discuss. For all this talk of bearer instruments, here is the exact legal verbiage on the back of a CA Lottery draw ticket (as of a week ago when I purchased this loser): Your ticket, not
May 20, 2023, 2:01 pm - cottoneyedjoe - Lottery News

Florida Fantasy-5 Players
Here's some info I got from The JPT Top Prize Winner and Retailer Info Report - There have been 446 JPT drawings since the game began 2/1/2019. Since then, there have been 52 jackpot winners. The average jackpot won is $720,121. There have been 14 jackpots won that were greater than one million dollars. The largest jackpot was $1,741,274 and the smallest was $160,711. Three players out of the 52 jackpot winners chose The Annual Payment Option, the other 49 jackpot winners took
May 11, 2023, 8:23 pm - GiveFive - Pick 5 Forum

Florida Fantasy-5 Players
Only just this morning did I realize something that I should have known since the day I found out that FF5 was going to two draws per day. Talk about DUMB! Of course, The Florida added the midday draw simply to increase falling FF5 revenue. If I had complained directly to them about it, I'm sure they'd have said There won't be any FF5 at all if we don't do it. My reaction to what they did has been to walk away from the game...temporarily at least. I still look at FF5 numbers in my software a
Apr 24, 2023, 8:14 am - GiveFive - Pick 5 Forum

CA Super Lotto Plus
I'll start off by saying I moved from Ca a while ago but used to play all the time. The jackpot starts out at $7 million. Before the 2008 recession, after a few rolls of jumping by $1 million, it would jump by $2 million until it was hit. Once the recession hit, then they only raised it by $1 million and I can see why they changed it due to people losing their jobs and having less money. But eventually the recession ended and people got jobs and the economy was thriving yet the Super Lotto
Mar 27, 2023, 12:58 pm - TreehouseGCL - Jackpot Games Forum

Chi-Squared Goodness of Fit Test for Lotteries
IMHO, in general government-run lotteries (in the western world at least) are not going to be exploitable in terms of statistical frequency attack. A lot of time, energy and money(!) is obviously put into trying. Eventually, if you look at enough lotteries, you'll find improbable outcomes and what appears to be non-randomness . Highly likely, that doesn't mean there is a flaw. Just if you sample enough, you get unusual patterns. (It's inevitable.) The people who have successfully exploited lotte
Mar 1, 2023, 2:46 pm - Orange71 - Mathematics Forum