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Do you keep a lotto log?

Topic closed. 14 replies. Last post 8 years ago by justxploring.

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Zeta Reticuli Star System
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Posted: July 7, 2008, 5:57 pm - IP Logged

Do you kep a lotto log, a journal of your play, and if so what does an entry look like?

Like this?

Pick 6  - $1

Pick 6  -$1 + $3

or more like this?

Pick 6

Played 1 15 24 36 46 48  + $3

(underline or cirlce the hits, or otherwise mark them somehow)

Just curious...

Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

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.

    justxploring's avatar - villiarna
    Wandering Aimlessly
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    Posted: July 7, 2008, 6:14 pm - IP Logged

    No, I don't bother.  However, for income tax purposes, it's not a bad idea to keep a log.  

      hearsetrax's avatar - 0118

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      Posted: July 7, 2008, 6:21 pm - IP Logged

      No, I don't bother.  However, for income tax purposes, it's not a bad idea to keep a log.  

      I Agree!

      never gave it a moment's thought myself ... 

      but I tink they'd require the collection of losers  ... not sure Confused

        justxploring's avatar - villiarna
        Wandering Aimlessly
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        Posted: July 7, 2008, 6:49 pm - IP Logged

        I Agree!

        never gave it a moment's thought myself ... 

        but I tink they'd require the collection of losers  ... not sure Confused

        Yes, that's what I meant.   I toss out my QPs.  I don't want the numbers to hit the next week (like the 2 men who just won $32M in Canada) and go into shock, so I block them out after I check them online!

        You can only deduct the amount you've lost up to the amount you've won.  Some members here say they don't keep a daily log, but do that anyway if they win over $600 and have to claim it as income.  I know it's unlikely, but let's say you do get audited, what about several times a person wins $100 or $500 and doesn't claim the money?  After all, if I get 4/5 and win $105 I don't pay taxes on it.  So then would the IRS expect you to pay tax on the total?  Sorry, this is going a little off-topic I guess..but it makes sense, at least to me.  I mean, if you win $2,000 in 2008 and deduct $1,500 for gambling losses, some of those 1,500 tickets are going to be winners, right? So in that case, I guess you'd have to make an "adjustment" in your log.  LOL

          ThatScaryChick's avatar - x1MqPuM
          Idaho
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          Posted: July 7, 2008, 7:19 pm - IP Logged

          I don't keep a log, because I don't want to see how much money I have lost. LOL

          "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

            hearsetrax's avatar - 0118

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            Posted: July 7, 2008, 7:59 pm - IP Logged

            I don't keep a log, because I don't want to see how much money I have lost. LOL

            I actually end up tearing my losers up and tossing them

             

            it'd kill me to look @ all the money I've tossed away over the many years I've played Sad Cheers


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              Posted: July 7, 2008, 8:07 pm - IP Logged

              I don't keep a log.But I do keep all of my losing lottery tickets in case I get a sizable win and need proof that I have gambling losses.

                RJOh's avatar - chipmunk
                mid-Ohio
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                Posted: July 7, 2008, 8:51 pm - IP Logged

                Yes I do.  I pick my combinations using my computer so I name and save each file/set so they're easy to locate later.  I use eight characters, the first two identifies the game, RC=Rolling Cash5, CL=Classic Lotto. MM=MegaMillions, PB=PowerBall and the other six represents the date.

                For example if I play MegaMillions tomorrow night the file name would be MM070808 which codes MegaMillion for July 08,2008.  In a calendar book I would also write that name, the amount wagered , the amount won and add the results to a running total. So an entrant might look like this.

                MM070808
                20/3
                -$207

                This tells me I waged $20 on MegaMillions and won $3 so I add the $17 lost to the $190 previously lost playing lotteries.  I now have lost $207 so far this year.  I keep all my losing tickets and this calendar book in a folder.

                 * you don't need to buy more tickets, just buy a winning ticket * 
                   
                             Evil Looking       

                  rcbbuckeye's avatar - Lottery-043.jpg
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                  Posted: July 7, 2008, 10:11 pm - IP Logged

                  I used to keep a log of numbers played and how much I played and won and lost (mostly lost) on each game. Now I just keep an excel file of each game I play and the amount played and won or lost. I'm always changing or tweaking what I play and the amount so I like to keep track of where my $ goes. Also, if I win (big) I have a written file for taxes and I keep my old tickets.

                    four4me's avatar - gate1
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                    Posted: July 7, 2008, 10:12 pm - IP Logged

                    Sort of i have a data file of all Maryland's numbers and when i get a pick 3/4 box win i mark it blue and when i get a straight win i mark it red. I was keeping a file for bonus match 5 wins but have stopped playing it every day.

                    My mega million wins are so few it doesn't matter to me to keep a win loss record. And when i win the big one I'll have a cardboard check and the cash for a reminder.

                    Big John says. You don't hit the number. The number hits you!!!!

                                   I'm not Big John, I'm Four4me, Big John's a friend.
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                      Honduras
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                      Posted: July 8, 2008, 2:06 am - IP Logged

                      since the 200 pages notebook cost 51 cents here where i live in Panama i have like 30 notebooks each one for the different type of lottery all stack up in one of my chest draws...

                        MillionsWanted's avatar - 24Qa6LT

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                        Posted: July 8, 2008, 3:13 am - IP Logged

                        I keep statistics on winning and losing. That's as close to a log as I will get.

                        In Excel spreadsheets I keep track of

                        Wins

                        How much spent

                        Play date

                        Average wins

                        Average spent.

                        I use it for both lotto and keno.

                          tntea's avatar - Lottery-059.jpg

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                          Posted: July 8, 2008, 10:25 am - IP Logged

                          since the 200 pages notebook cost 51 cents here where i live in Panama i have like 30 notebooks each one for the different type of lottery all stack up in one of my chest draws...

                          You keep up with 30 lotterys?

                          Wow you are dedicated

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                            Posted: July 8, 2008, 11:47 am - IP Logged

                            justxploring said:

                            "I don't want the numbers to hit the next week (like the 2 men who justwon $32M in Canada) and go into shock, so I block them out after Icheck them online!"

                            I Agree!

                            There are 2 things I don't want to know -

                            1. my quick picks won for the wrong draw

                            2. my numbers won a pre-test

                              justxploring's avatar - villiarna
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                              Posted: July 8, 2008, 11:58 am - IP Logged

                              Bytheshore - I feel EXACTLY the same way about both #1 & #2.  In Florida they do not post the pre-tests which is a relief.  I realize many people who have systems wish they did, but the last thing I want to see is one of the combinations I've been playing for years picked just before a live drawing for $20 million!