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Why Do We Play The Jackpot Games Even Though 99.99999% Of The Time We Lose?

Topic closed. 29 replies. Last post 6 years ago by THRIFTY.

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THRIFTY's avatar - great seal_obverse.jpg
NEW YORK
United States
Member #90535
April 29, 2010
12094 Posts
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Posted: February 3, 2011, 5:07 pm - IP Logged

None of the 42 states hit a second prize in powerball last night.

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    United States
    Member #1826
    July 11, 2003
    2645 Posts
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    Posted: February 3, 2011, 6:27 pm - IP Logged

    I think that it has alot to do with the smaller prizes. It makes people feel like winning is, in fact, possible, and that a bigger win is on the horizon.

    (insert signature here)

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
      Member #9
      March 24, 2001
      19894 Posts
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      Posted: February 3, 2011, 10:11 pm - IP Logged

      Why Do We Play The Jackpot Games Even Though 99.99999% Of The Time We Lose?

      Actually that's not true, the overall odds of winning a prize in PowerBall are 1:35.1 which means you lose 97.1509972% of the time and for MegaMillions it's 1:39.8 which means you lose MM 97.4874372% of the time.

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

        sully16's avatar - sharan
        Ringleader
        Michigan
        United States
        Member #81740
        October 28, 2009
        41926 Posts
        Online
        Posted: February 3, 2011, 10:17 pm - IP Logged

        we play because we are addicted, to the thrill or high you get when you win.

         HyperBe Happy.

          time*treat's avatar - radar

          United States
          Member #13130
          March 30, 2005
          2171 Posts
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          Posted: February 3, 2011, 10:52 pm - IP Logged

          You can't win AT ALL, unless you play ... contrary to what many junk e-mails claim. Approve

          In neo-conned Amerika, bank robs you.
          Alcohol, Tobacco, and Firearms should be the name of a convenience store, not a govnoment agency.

            Blackie's avatar - Norfolk 20Sunrise%20Nov%2016.jpg
            Norfolk , Va
            United States
            Member #4541
            May 2, 2004
            25170 Posts
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            Posted: February 4, 2011, 12:03 am - IP Logged

            A DOLLAR AND A DREAM !!

             

             Good Luck,

            Blackie.                           

              GTO-1965's avatar - metheboyz
              Ft Wright KY
              United States
              Member #102929
              December 28, 2010
              93 Posts
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              Posted: February 4, 2011, 9:12 am - IP Logged

              for myself the way my wife and family spends money it is my only hope of reaching retirement Unhappy

                Todd's avatar - Cylon 2.gif
                Chief Bottle Washer
                New Jersey
                United States
                Member #1
                May 31, 2000
                23348 Posts
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                Posted: February 4, 2011, 9:13 am - IP Logged

                None of the 42 states hit a second prize in powerball last night.

                I've removed the pasted content from the NY Lottery web site.  Please don't copy and paste big swaths of content from other sites.  Thanks!

                 

                Check the State Lottery Report Card
                What grade did your lottery earn?

                 

                Sign the Petition for True Lottery Drawings
                Help eliminate computerized drawings!

                  dr65's avatar - black panther.jpg
                  Pennsylvania
                  United States
                  Member #74096
                  May 2, 2009
                  23222 Posts
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                  Posted: February 4, 2011, 9:25 am - IP Logged

                  We play because it can happen to anyone. If you don't want to be in that class, then you don't have to play but for a few dollars, why not try?

                    luckyshoes's avatar - nw lady.jpg
                    Pennsylvania
                    United States
                    Member #79502
                    September 2, 2009
                    6446 Posts
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                    Posted: February 4, 2011, 9:40 am - IP Logged

                    Dreams have come true with a  few  dollars on the game. We all dream .

                    Surely the most important news of any day ...

                                                                    is that the sun has risen one more time. Sun Smiley


                      United States
                      Member #9579
                      December 12, 2004
                      2121 Posts
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                      Posted: February 4, 2011, 10:04 am - IP Logged

                      what else can you do when it's -9 degrees out,with 5 foot snowbanks.the danger is if you play too much money.i think one lottery said,just a dollar and a dream.

                        megamanX's avatar - mega man_x_sprite-9629.jpg
                        Pocatello, Idaho
                        United States
                        Member #105619
                        February 3, 2011
                        59 Posts
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                        Posted: February 4, 2011, 10:26 am - IP Logged

                        for me it's a form of entertainment. I could spend a dollar to rent a DVD but I might end up wasting my money if the movie isn't any good. For me, a lotto ticket is more entertaining than renting a DVD because the dreams I have are better than anything I can see in a movie.


                          United States
                          Member #103156
                          December 31, 2010
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                          Posted: February 4, 2011, 7:26 pm - IP Logged

                          We play the lottery in the hope of winning a big sum of money that we know we could never have otherwise. Where else could you invest a dollar and except such a huge return in investment? I guess the answer is pretty easy to that the question. There is no where. So when we play the lottery, we realize that our dream could come true. I'm not saying it will but just for the sake od it. Some people have been playing for years and never win big, and they still continue to play despite losing. Its just the feeling that you could win that keep you going.

                            rcbbuckeye's avatar - Lottery-043.jpg
                            Texas
                            United States
                            Member #55889
                            October 23, 2007
                            5744 Posts
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                            Posted: February 4, 2011, 8:48 pm - IP Logged

                            A DOLLAR AND A DREAM !!

                            I Agree!

                            CAN'T WIN IF YOU'RE NOT IN

                            A DOLLAR AND A DREAM (OR $2)

                              guesser's avatar - Lottery-017.jpg

                              United States
                              Member #41383
                              June 16, 2006
                              1969 Posts
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                              Posted: February 5, 2011, 2:42 am - IP Logged

                              We play because it is a GAME, it's FUN, and there is that one in 198 million chance you might win, or one in 20 million maybe.