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one chance to win $100 millions or ONE HUNDRED chances to win $1 milli

Topic closed. 21 replies. Last post 10 years ago by justxploring.

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Coastal Georgia
United States
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October 30, 2003
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Posted: May 31, 2007, 2:49 pm - IP Logged

A

I want to have enough to retire on and one mil while not chump change,  will not accomplish my goals.

 

                               

              

 

 

    justxploring's avatar - villiarna
    Wandering Aimlessly
    United States
    Member #25360
    November 5, 2005
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    Posted: May 31, 2007, 3:04 pm - IP Logged

    A) you pay one dollar, pick six 6 numbers out of 59 and have one chance to win $100 millions.

    B)you pay one dollar, pick six 6 numbers out of 59 and have one HUNDRED chances to win $1 million dollars.

    What do you prefer? In which lottery game would you play? Sorry for my rusty english.

    I would choose "B."   Of course I'd like to win more than $1 million, but that's an awful lot of money, so it would definitely change my life.  I'd prefer a 6/49 game, although there would probably be a greater chance of splitting the jackpot with other winners.  I've been trying to win a 6/53 game for many years without any luck.  However, if spending $1.00 bought me 100 chances, I would certainly give the game you mentioned a try.

    (By the way, your English is fine.)

     

    KY Floyd writes: Where's the rest of the necessary information? If both choices involve picking 6 numbers out of 59 the odds are the same. How do you get 100 chances for B?

    I don't believe that's what he meant, since he is referring to 2 separate games.   I read the question as someone asking "if you had a choice of playing a game that had a $100 million top prize for $1.00 or a game that gave you 100 combinations for $1.00 with a $1 million prize, which would you prefer A or B?" 

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      NY
      United States
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      October 16, 2005
      3501 Posts
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      Posted: May 31, 2007, 7:43 pm - IP Logged

      I would choose "B."   Of course I'd like to win more than $1 million, but that's an awful lot of money, so it would definitely change my life.  I'd prefer a 6/49 game, although there would probably be a greater chance of splitting the jackpot with other winners.  I've been trying to win a 6/53 game for many years without any luck.  However, if spending $1.00 bought me 100 chances, I would certainly give the game you mentioned a try.

      (By the way, your English is fine.)

       

      KY Floyd writes: Where's the rest of the necessary information? If both choices involve picking 6 numbers out of 59 the odds are the same. How do you get 100 chances for B?

      I don't believe that's what he meant, since he is referring to 2 separate games.   I read the question as someone asking "if you had a choice of playing a game that had a $100 million top prize for $1.00 or a game that gave you 100 combinations for $1.00 with a $1 million prize, which would you prefer A or B?" 

       "I read the question as someone asking 'if you had a choice of playing a game that had a $100 million top prize for $1.00 or a game that gave you 100 combinations for $1.00' "

      That's possible, but the post said "you pay one dollar, pick six 6 numbers out of 59 and have one HUNDRED chances". Perhaps his English isn't quite perfect, and he did mean that you'd get to pick 100 sets of 6, but perhaps he meant something else. The rest of us can speculate, but only the OP can tell us for sure.

      For those who don't believe that 100 tickets makes you 100 times as likely to win, why would 100 chances at $1 million be better than 1 chance at $100 million?

        marcoviski's avatar - Lottery-023.jpg
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        Brazil
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        May 29, 2007
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        Posted: June 1, 2007, 1:42 am - IP Logged

        I would choose "B."   Of course I'd like to win more than $1 million, but that's an awful lot of money, so it would definitely change my life.  I'd prefer a 6/49 game, although there would probably be a greater chance of splitting the jackpot with other winners.  I've been trying to win a 6/53 game for many years without any luck.  However, if spending $1.00 bought me 100 chances, I would certainly give the game you mentioned a try.

        (By the way, your English is fine.)

         

        KY Floyd writes: Where's the rest of the necessary information? If both choices involve picking 6 numbers out of 59 the odds are the same. How do you get 100 chances for B?

        I don't believe that's what he meant, since he is referring to 2 separate games.   I read the question as someone asking "if you had a choice of playing a game that had a $100 million top prize for $1.00 or a game that gave you 100 combinations for $1.00 with a $1 million prize, which would you prefer A or B?" 

        First of all, sorry for my rusty english. I am a brazilian guy with few friends here to speak with.

        In fact these are two separate games.

        the first one can be any state lottery that has once given such a prize or PB/MM. the second one I created a few years ago when visiting the US.

        I Filed for a patent at the uspto and presented the concept to some lottery directors.

        The interesting about it is that I formated in such a way that all it needs  to be implemented in any jurisdiction is a box in the existing playslip, like the quick pick box.

        You mark this new box and you are buying this new feature which will give some hundred extra "oportunities" to win a lottery prize say $1 or more depending on sales, like any product.

        I did not say "chances", because u have to "free your mind", you have to forget everything about factorials, combinatorics, math formulas, etc.

        I am a lottery player and if there were such a feature twined to PB, MM or any state lottery, I would love to play both always.

        Marco Muntzer at yahoo

        good luck you all 

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          NY
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          Posted: June 2, 2007, 12:35 am - IP Logged

          That's all well and good, but there are still a lot of unanswered questions. How does the game work? Does 100 chances at winning $1 million mean that there will actually be 100 $1 million winners, or does it only mean that there will be 100 chances with a game structure that results in only 1 real prize? The former would require selling just as many tickets as it takes to push any other game to $100 million (assuming both are annuity or both are cash values). It typically takes 8 to 10 rollovers to push PB or MM to an annuity jackpot of $100 million.  What kind of game would let you sell that many tickets with a maximum prize of only $1 million?

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            Posted: June 2, 2007, 1:26 am - IP Logged

            What about if you win lets say 2.5 mill or 1mill on scratch ticket or MM due you have to except those annunity payments?

              justxploring's avatar - villiarna
              Wandering Aimlessly
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              Posted: June 2, 2007, 1:41 am - IP Logged

              KY Floyd writes:  "For those who don't believe that 100 tickets makes you 100 times as likely to win, why would 100 chances at $1 million be better than 1 chance at $100 million?"

               

              I don't know why anyone would doubt that 100 tickets for a game gives you 99 additional shots at winning a jackpot than only 1 ticket.  I hope this isn't going back to the debate about one extra ticket cutting the odds in half.  If I spent $100 on a lottery game with 100 million combinations, for example, it doesn't mean I'll ever win, but it certainly increases my chances. However, there will still be 99,999,900 combinations I didn't bet.