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CarHauler

United States
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September 22, 2010
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Nov 4, 2010, 1:54 am

Tonight's estimated jackpot for the Georgia Fantasy 5 drawing is $694,000. As many of you know, there are only 575,757 possible combinations. If you were to purchase all 575,575 combinations, you would be 100% guaranteed to win.

694,000
-575,575
118,243

You would win a gross amount of $118,243. Well here is the big question: How much will this cost you in taxes? Will you owe taxes on the whole thing? Can't you deduct all of your losing tickets from your tax liability? If so, does that mean that you would only owe taxes on the $118,242? Even at a tax rate of 40%, that is still an earning of almost $71,000. Plus I have some extra non-winning lottery tickets.

Now if someone had that type of money to spend, could all of those tickets be figured out before 10 PM tonight? How would you print all of them? Could they all be printed before say 10 pm tonight? Does anyone have the ability to generate and print these numbers? I have figured that each bet slip holds 10 possible combinations, so you would need 57,558 bet slips.

Where would you go to purchase your tickets? Can anyone tell me how many possible slips a GA lotto machine can scan per hour? How many tickets can it print per hour? How long would it take to run all of the numbers?

Anyone have access to a HPC computer such as a Cray or IBM? I need a high end workstation or a supercomputer to do this quickly, so that we can get to printing. I have found a web page that, that you can search for online. California Fantasy 5 Combinations Generator (Full Wheel). Search for that. The only problem is that it will only allow for 28 numbers at a time, and we need 39. Even at 28 numbers, that is still 98,280 combinations, and my old P4 is having a time with it. It does not want to render. I will shut down Prime 95 and IIS and see if that helps. OK, that released enough processing power. I need to steal the code, and see if I can get it to generate all 575,575 combinations.

And another thing, do you have to use official bet slips, or can you use regular paper, with the marks printed in the proper place? I can imagine that the GA Lottery would roll their eyes if I asked for 576,000 bet slips... Havent been to many gas stations either that keep that many on hand, that I know of.
jimmy4164

United States
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July 10, 2010
2,180 Posts
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Nov 4, 2010, 2:51 am

Quote: Originally posted by CarHauler on Nov 4, 2010
Tonight's estimated jackpot for the Georgia Fantasy 5 drawing is $694,000. As many of you know, there are only 575,757 possible combinations. If you were to purchase all 575,575 combinations, you would be 100% guaranteed to win.

694,000
-575,575
118,243

You would win a gross amount of $118,243. Well here is the big question: How much will this cost you in taxes? Will you owe taxes on the whole thing? Can't you deduct all of your losing tickets from your tax liability? If so, does that mean that you would only owe taxes on the $118,242? Even at a tax rate of 40%, that is still an earning of almost $71,000. Plus I have some extra non-winning lottery tickets.

Now if someone had that type of money to spend, could all of those tickets be figured out before 10 PM tonight? How would you print all of them? Could they all be printed before say 10 pm tonight? Does anyone have the ability to generate and print these numbers? I have figured that each bet slip holds 10 possible combinations, so you would need 57,558 bet slips.

Where would you go to purchase your tickets? Can anyone tell me how many possible slips a GA lotto machine can scan per hour? How many tickets can it print per hour? How long would it take to run all of the numbers?

Anyone have access to a HPC computer such as a Cray or IBM? I need a high end workstation or a supercomputer to do this quickly, so that we can get to printing. I have found a web page that, that you can search for online. California Fantasy 5 Combinations Generator (Full Wheel). Search for that. The only problem is that it will only allow for 28 numbers at a time, and we need 39. Even at 28 numbers, that is still 98,280 combinations, and my old P4 is having a time with it. It does not want to render. I will shut down Prime 95 and IIS and see if that helps. OK, that released enough processing power. I need to steal the code, and see if I can get it to generate all 575,575 combinations.

And another thing, do you have to use official bet slips, or can you use regular paper, with the marks printed in the proper place? I can imagine that the GA Lottery would roll their eyes if I asked for 576,000 bet slips... Havent been to many gas stations either that keep that many on hand, that I know of.

CarHauler,

Printing and buying all those tickets would be a logistical nightmare wouldn't it? The best way would be to approach the GA Lottery Commission and work out a deal to cover all combinations with one check. Maybe they'd even give you a discounted price, seeing as you'd be saving them a lot of wear and tear, paper, and administrative costs.

Unfortunately for your idea, the GA Fantasy 5 is a Parimutuel game, so you need to calculate the chances of some lucky sucker presenting a winning Quickpick ticket, stealing half of your Jackpot! If that happens, your $18K win drops to a $228K LOSS! If you have to share it with more than 1 person, it gets even worse for you, and if you use backers to fund your purchases, depending on who they are, you could be in serious trouble.

--Jimmy4164
BigBuxHustla

Dallas
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October 23, 2010
31 Posts
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Nov 4, 2010, 5:03 am

um, why not consider all the lower tier prizes?
CarHauler

United States
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September 22, 2010
321 Posts
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Nov 4, 2010, 5:46 am

Jimmy, those are all very good points. The odds are fairly high that someone will win today. I don't remember the jackpot getting this high in quite a while. Who knows if there will be a winner, and if so, how many.

It seems like a pretty good idea to spend a reasonable amount ($40-$80) on today's game. There is a good chance of sharing it with someone, but it is such a good jackpot that it wouldn't matter. It is interesting to note that four of last nights numbers were the top most frequent occurrences, over the last 50 games. It seems like the hottest numbers keep getting hotter.

I have a good feeling about today, like it will be lucky. Anyone want to pool some money today? We need a Cobb County syndicate. So far, I have 70 combinations filled out, but I am not sure I want to spend that much. If we had 4 people spending $20 each, each person would risk losing $20, but they would also have the possibility of splitting the winning $694,000. Or winning $173,500 each. After taxes, each person would take home a little over $100,000.
RJOh

100

mid-Ohio
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March 24, 2001
20,272 Posts
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Nov 4, 2010, 10:19 am

If you were to play all 575,757 combinations, you would not only win the jackpot or part of it but you would also win 65,620 other prizes too.

possible combos of 5/39 numbers = 575757
MATCHES ODDS WINNING COMBOS
5/5 1 : 575757 1
4/5 1 : 3387 170
3/5 1 : 103 5610
2/5 1 : 10 59840
____________________________________________
overall odds are 1 : 8.7

* you don't need to buy every combination, just the winning ones *
Todd

50

Chief Bottle Washer

New Jersey
United States
Member #1
May 31, 2000
27,930 Posts
Online

Nov 4, 2010, 12:15 pm

<Moved to Pick 5 forum>
Please post in the appropriate forum ... thank you.
Jack-C

50

San Diego, CA
United States
Member #61,465
May 24, 2008
28,146 Posts
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Nov 4, 2010, 12:36 pm

11/04

Fantasy 5 Thu, Nov 4, 2010

1-3-17-19-27

1-14-17-32-38

1-18-30-34-35

3-14-27-29-38

3-14-27-30-35

3-26-32-34-35

16-17-29-35-38

16-18-19-26-32

16-18-19-29-34

17-26-27-30-32

http://www.thedailybibleverse.org/
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Nov 4, 2010, 1:42 pm

Quote: Originally posted by CarHauler on Nov 4, 2010
Tonight's estimated jackpot for the Georgia Fantasy 5 drawing is $694,000. As many of you know, there are only 575,757 possible combinations. If you were to purchase all 575,575 combinations, you would be 100% guaranteed to win.

694,000
-575,575
118,243

You would win a gross amount of $118,243. Well here is the big question: How much will this cost you in taxes? Will you owe taxes on the whole thing? Can't you deduct all of your losing tickets from your tax liability? If so, does that mean that you would only owe taxes on the $118,242? Even at a tax rate of 40%, that is still an earning of almost $71,000. Plus I have some extra non-winning lottery tickets.

Now if someone had that type of money to spend, could all of those tickets be figured out before 10 PM tonight? How would you print all of them? Could they all be printed before say 10 pm tonight? Does anyone have the ability to generate and print these numbers? I have figured that each bet slip holds 10 possible combinations, so you would need 57,558 bet slips.

Where would you go to purchase your tickets? Can anyone tell me how many possible slips a GA lotto machine can scan per hour? How many tickets can it print per hour? How long would it take to run all of the numbers?

Anyone have access to a HPC computer such as a Cray or IBM? I need a high end workstation or a supercomputer to do this quickly, so that we can get to printing. I have found a web page that, that you can search for online. California Fantasy 5 Combinations Generator (Full Wheel). Search for that. The only problem is that it will only allow for 28 numbers at a time, and we need 39. Even at 28 numbers, that is still 98,280 combinations, and my old P4 is having a time with it. It does not want to render. I will shut down Prime 95 and IIS and see if that helps. OK, that released enough processing power. I need to steal the code, and see if I can get it to generate all 575,575 combinations.

And another thing, do you have to use official bet slips, or can you use regular paper, with the marks printed in the proper place? I can imagine that the GA Lottery would roll their eyes if I asked for 576,000 bet slips... Havent been to many gas stations either that keep that many on hand, that I know of.

What you are proposing was done successfully some years ago with the Virgina lottery by an investment group from Australia. They took over terminals at three SevenEleven stores for three days and tried to play all the possible combinations. They made out their play slips and waited for the Virgina lottery grand prize to exceed the cost of playing all the combinations and when it happened they executed their plan.

As a result of their success, Virgina and most other states put in place rules which makes it impossible to do that again. Now no one person or group can control a lottery terminal longer than a few minutes at a time.

Now days most pick5 games are daily games and at 5 plays per play slip one would have to process 115,152 play slips to play all 575,757 combinations. At six seconds per play slip, one would need 190 hours of terminal time to run those play slips which could tie up eight terminals for 24 hours.

* you don't need to buy every combination, just the winning ones *
CarHauler

United States
Member #97,725
September 22, 2010
321 Posts
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Nov 4, 2010, 1:46 pm

Quote: Originally posted by RJOh on Nov 4, 2010
What you are proposing was done successfully some years ago with the Virgina lottery by an investment group from Australia. They took over terminals at three SevenEleven stores for three days and tried to play all the possible combinations. They made out their play slips and waited for the Virgina lottery grand prize to exceed the cost of playing all the combinations and when it happened they executed their plan.

As a result of their success, Virgina and most other states put in place rules which makes it impossible to do that again. Now no one person or group can control a lottery terminal longer than a few minutes at a time.

Now days most pick5 games are daily games and at 5 plays per play slip one would have to process 115,152 play slips to play all 575,757 combinations. At six seconds per play slip, one would need 190 hours of terminal time to run those play slips which could tie up eight terminals for 24 hours.

There are 10 plays per slip.

And I am confused as to why GA Fantasy 5 is not a jackpot game. The prize grows every day, it is not a fixed amount. I would have thought that a game such as Georgia Five would be a pick 5 game. Now I am confused. Can someone please clarify this for me?

Thanks
RJOh

100

mid-Ohio
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March 24, 2001
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Nov 4, 2010, 1:49 pm

Quote: Originally posted by CarHauler on Nov 4, 2010
There are 10 plays per slip.

And I am confused as to why GA Fantasy 5 is not a jackpot game. The prize grows every day, it is not a fixed amount. I would have thought that a game such as Georgia Five would be a pick 5 game. Now I am confused. Can someone please clarify this for me?

Thanks

That changes everything, you should be able to do it in half the time or with half the number of terminals.

Note: It's a jackpot game and a pick5 game, Pick6 and PowerBall type games don't have their own classifications.

* you don't need to buy every combination, just the winning ones *
CarHauler

United States
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September 22, 2010
321 Posts
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Nov 4, 2010, 2:20 pm

Quote: Originally posted by RJOh on Nov 4, 2010
That changes everything, you should be able to do it in half the time or with half the number of terminals.

Note: It's a jackpot game and a pick5 game, Pick6 and PowerBall type games don't have their own classifications.

I really feel like I am going to win today, I really do. The other day, I spent $5 on Cash 3, when I had $8 worth of play slips filled out. I wanted to save money, so I didn't play the other $3. You guessed it, the winning number was on the $3 slip, the one I decided not to play. I do not want to make another mistake like that again, especially on my 70 play run of Fantasy 5. If I am right, and I win, I will have a nice pile of money, but if I am wrong my wife will probably shoot me (or at the very least put bamboo shoots under my fingernails). That is why I do not really want to spend over $40, really much over $20. I just don't know which play slip contains the winner...

I am reusing 6 of yesterdays numbers that I picked. I used several RNGs. I have used some smart numbers from a local TV station's web site. I have also wheeled some good numbers. But most importantly, I have picked out numbers, based on really hot numbers, some warm numbers, mixed in with a few cool/cold numbers. I have a really good mixture.

Anyone in the Marietta area want to join in on my winnings/debt? I have them filled out. I know they are going to win. Come on now. Join my stinkin' lottery syndicate. Do it. We will sign a contract. We can go buy the tickets together. You can do it. You should do it. My numbers are the right numbers. It is good for you. Join my crusade. Win you some money. Today could be is the day. You know you should do it. You don't want to feel like I did the other day. You want a new house/car/boat/computer/gun collection. This will make it easier for you to live out your dreams. It is the right thing to do.
RJOh

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mid-Ohio
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Nov 4, 2010, 2:42 pm

I really feel like I am going to win today, I really do.

I know that feeling, I've had it several times lately and the best I've done is all the winning numbers at least two times on a $5 ticket and only three of them on the same line. Good luck to you, hope you do win.

* you don't need to buy every combination, just the winning ones *
jimmy4164

United States
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July 10, 2010
2,180 Posts
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Nov 4, 2010, 2:46 pm

Quote: Originally posted by BigBuxHustla on Nov 4, 2010
um, why not consider all the lower tier prizes?

BigBuxHustia,

If you Click Here

... and add up all the ROIs for the lower tier prizes in the Powerball, you will see why.

Until you win a Jackpot, you are paying for the chance you might.

--Jimmy4164
CarHauler

United States
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September 22, 2010
321 Posts
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Nov 4, 2010, 5:00 pm

Quote: Originally posted by RJOh on Nov 4, 2010
I really feel like I am going to win today, I really do.

I know that feeling, I've had it several times lately and the best I've done is all the winning numbers at least two times on a $5 ticket and only three of them on the same line. Good luck to you, hope you do win.

I am pretty sure that I know the answer to this, but I am not certain. If you play Fantasy 5, say you play 10 plays on 1 play slip, will correct numbers not on the same line win? For example, If the winning numbers were 9-18-23-32-37, and you had the following numbers on two lines: 3-9-10-12-14, and 14-18-22-24-30, would you win a free ticket? Or do they have to be on the same line? The reason that I ask is that there have been a couple of times that I was paid more than I thought I should have been, or won more free tickets than I thought I had.
RJOh

100

mid-Ohio
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March 24, 2001
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Nov 4, 2010, 5:13 pm

Quote: Originally posted by CarHauler on Nov 4, 2010
I am pretty sure that I know the answer to this, but I am not certain. If you play Fantasy 5, say you play 10 plays on 1 play slip, will correct numbers not on the same line win? For example, If the winning numbers were 9-18-23-32-37, and you had the following numbers on two lines: 3-9-10-12-14, and 14-18-22-24-30, would you win a free ticket? Or do they have to be on the same line? The reason that I ask is that there have been a couple of times that I was paid more than I thought I should have been, or won more free tickets than I thought I had.

The pay-out rules are probably on the back of your play slips, if not they are definitely on your lottery website.

* you don't need to buy every combination, just the winning ones *

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