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How many tickets do you buy?

Topic closed. 14 replies. Last post 5 years ago by RobynG.

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New Member
New Orleans, la
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December 1, 2011
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Posted: December 3, 2011, 12:40 pm - IP Logged

I buy around 30 pb and lotto each week. I'm not happy pb prices are going up but I do like the fact that the odds will be better.Wink

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    Kentucky
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    Posted: December 3, 2011, 6:07 pm - IP Logged

    I buy around 30 pb and lotto each week. I'm not happy pb prices are going up but I do like the fact that the odds will be better.Wink

    Right now the chances of hitting the PB jackpot by buying $20 worth of tickets is 1 in 9,750,000. It's true there will be 20 million less combos when the matrix is changed, but the ticket price becomes $2 so the chances of the same $20 worth of tickets hitting a jackpot becomes 1 in 17,500,000.

    I like your enthusiasm but after the change your odds will be drastically worse.

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      Posted: December 3, 2011, 6:34 pm - IP Logged

      I normally spend $5 per draw on MM & PB.  When PB goes to the new matrix I'll spend $5 on MM and $2 on PB per draw.  I'll take the extra $3 per draw (or $6/per week) and save it for the larger jackpots to buy more tickets.  Or I may just put that extra $3 on Hot Lotto if the jackpot is unusually high.  I don't bother with scratchers or pick 3/4, the payouts just don't motivate me.

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        New Orleans, la
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        Posted: December 3, 2011, 8:13 pm - IP Logged

        I'm starting to wonder if I should just stick with Louisiana Lottery tickets and forget the pb or mega with the terrible odds. I love scratchers. Probably too much haha

          ChaosX's avatar - dnf
          Morris County, NJ
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          July 29, 2011
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          Posted: December 3, 2011, 9:37 pm - IP Logged

          For MM or PB I usually only buy $5 or 5 lines worth under the following conditions: Jackpot is 80mil+ or I have excess funds from my monthly allowance from my pick 3 & pick 4 plays. (Meaning when I win some)

           

          Under the new PB prices, that would mean 2 lines I guess, unless I win a lot in the lesser games.

          "If you really want something in this life you have to work for it. Now quiet, they're about to announce the lottery numbers." - Homer J. Simpson

            weshar75's avatar - Lottery-042.jpg
            Mcminnville, Oregon
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            December 13, 2003
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            Posted: December 4, 2011, 1:13 am - IP Logged

            When the new matrix comes into effect in january I will powerplay my ticket since I only buy one ticket for powerball and one ticket for mega millions.  So it will be $10 twice a week for mega millions and $15 twice a week for powerball.  But I will not be going to the casino any more so this is my only big time expense out of my fun budget.-weshar75

              savagegoose's avatar - ProfilePho
              adelaide sa
              Australia
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              Posted: December 4, 2011, 4:19 am - IP Logged

              $15.40 a week on avg, for a 1/5th share, a 1/3rd share and a full share. in 17 games as per

              http://www.lotterypost.com/blogentry/24740/commentposted

               

              ermmm thats 1/5th share in 17 games, 1/3rd share in 17 games, and 17 of my own games all to myself.

              2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

              keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                rdgrnr's avatar - walt
                Way back up in them dadgum hills, son!
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                Posted: December 4, 2011, 1:15 pm - IP Logged

                One line of "MY" numbers and one line of numbers from the LP Word Converter or LP RNG or QP's from the terminal on the jackpot games.

                I get them monthly on multi-pick tickets.

                I buy extra with any small winnings.


                                                             
                                     
                                                         

                 

                 

                 

                 

                                                                                                                   

                "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                            --Edmund Burke

                 

                 

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                  New Jersey
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                  Posted: December 5, 2011, 4:28 pm - IP Logged

                  Right now the chances of hitting the PB jackpot by buying $20 worth of tickets is 1 in 9,750,000. It's true there will be 20 million less combos when the matrix is changed, but the ticket price becomes $2 so the chances of the same $20 worth of tickets hitting a jackpot becomes 1 in 17,500,000.

                  I like your enthusiasm but after the change your odds will be drastically worse.

                  This is absolutely correct, although as usual, the lotteries are trying to misrepresent what they are doing.

                  I play according to the expectation value, which is the ratio of the return divided by the odds times the cost of a ticket.

                  Obviously the expectation value will fall when tickets go to $2.    In order for the expectation value to be the same, the odds of winning would have to fall by half, and this is most definitely not what is happening.

                  Large jackpot games differ from other forms of gambling inasmuch for very large jackpots, the pretax expectation value can approach or even exceed one.   (This is only the case when jackpots are approaching $300 M in annuity value.)

                  I don't necessarily wait until the expectation value approaches one to play, but it is certain that I will be spending less money on Powerball in the future.

                  I play the lottery because I can afford it and it's a fun way of paying taxes.    Unlike many people who would like to pay NO taxes, I think that taxes are the price one pays to live in a civilized country.

                    rdgrnr's avatar - walt
                    Way back up in them dadgum hills, son!
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                    Posted: December 6, 2011, 12:18 am - IP Logged

                    This is absolutely correct, although as usual, the lotteries are trying to misrepresent what they are doing.

                    I play according to the expectation value, which is the ratio of the return divided by the odds times the cost of a ticket.

                    Obviously the expectation value will fall when tickets go to $2.    In order for the expectation value to be the same, the odds of winning would have to fall by half, and this is most definitely not what is happening.

                    Large jackpot games differ from other forms of gambling inasmuch for very large jackpots, the pretax expectation value can approach or even exceed one.   (This is only the case when jackpots are approaching $300 M in annuity value.)

                    I don't necessarily wait until the expectation value approaches one to play, but it is certain that I will be spending less money on Powerball in the future.

                    I play the lottery because I can afford it and it's a fun way of paying taxes.    Unlike many people who would like to pay NO taxes, I think that taxes are the price one pays to live in a civilized country.

                    "...it's a fun way of paying taxes. "

                    "I think that taxes are the price one pays to live in a civilized country."

                    I remember this country being a hell of a lot more civilized than it is now when we paid a hell of a lot less taxes.

                    Remember though, that you can pay as much tax as you'd like without demanding that everybody does it because you enjoy it and think it's a good idea.

                    Just write out a check to the United States Treasury for as much as you'd like as often as you'd like.


                                                                 
                                         
                                                             

                     

                     

                     

                     

                                                                                                                       

                    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                --Edmund Burke

                     

                     

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                      Posted: December 7, 2011, 12:27 am - IP Logged

                      I have no doubt that you "remember" this, since you are almost certainly senile.   Either that, having never availed yourself of the distress of getting an education - after all education is often paid for by (gasp) taxes and you certainly wouldn't want to poison your purity with something like that - you are completely ignorant of history.

                      Your pal Bushie, also an intellectual lightweight, actually reduced taxes to the lowest level in modern history.   This of course, allowed his unregulated pals to strip the treasury and almost to call the international financial infrastructure to collapse.

                      Heckuva job.

                       

                      I do pay my taxes, gladly, since I'm not a parasite who thinks that roads, police forces, and infrastructure to vast to list are created by magic.   I also don't despise my country so much that I am unwilling to pay for it.

                      Also I buy lottery tickets occassionally.   This is a tax, and like I say, I'm glad to contribute and enjoy the largely irrational fun of thinking that I might win, although actually I won't win.

                      I note that any creep who wants to live tax free, is free to move to, say, Somalia or the Congo, where no one is compelled by the government to engage in the awful practice of "paying taxes."   I suppose, big boy, that you think you're going to win the lottery, and to be sure, you can take your winnings there and try to figure out how long they'll last.

                      And, um, don't ask your country's military to bail your pathetic ass out.   It's "taxes" that pay the salaries of soldiers, including those sent by your pal Cheney to keep his Halliburton assets intact.

                       

                      It's also pretty funny that little creeps like Newty - the "family values" guy whose family values included calling his (then wife) in her bed in a cancer ward to tell her that he was leaving her for his secretary - and who is so in love with his country that he turns it over to lobbyists, and who will do anything for his country except pay for it - want to tell everybody that they're "patriotic."

                      This is nonsense...

                      If you must know, I remember a country in which patriotism included stuff like making sacrifices for one's country, the least of which is to pay taxes, although many people love their country in ways that you apparently don't remember, just as you don't remember, apparently, a thing about historical tax rates.

                      Give a kiss to Newty for me, and see if maybe you can win him from the "wife du jour."

                      I'll check in with you in November of 2012, loser.

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                        New Orleans, la
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                        Posted: December 7, 2011, 4:18 pm - IP Logged

                        No need to get ugly. This is a fun site. That being said, I can't wait till obama is gone in 2012. Haha!

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
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                          April 28, 2009
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                          Posted: December 7, 2011, 6:14 pm - IP Logged

                          I have no doubt that you "remember" this, since you are almost certainly senile.   Either that, having never availed yourself of the distress of getting an education - after all education is often paid for by (gasp) taxes and you certainly wouldn't want to poison your purity with something like that - you are completely ignorant of history.

                          Your pal Bushie, also an intellectual lightweight, actually reduced taxes to the lowest level in modern history.   This of course, allowed his unregulated pals to strip the treasury and almost to call the international financial infrastructure to collapse.

                          Heckuva job.

                           

                          I do pay my taxes, gladly, since I'm not a parasite who thinks that roads, police forces, and infrastructure to vast to list are created by magic.   I also don't despise my country so much that I am unwilling to pay for it.

                          Also I buy lottery tickets occassionally.   This is a tax, and like I say, I'm glad to contribute and enjoy the largely irrational fun of thinking that I might win, although actually I won't win.

                          I note that any creep who wants to live tax free, is free to move to, say, Somalia or the Congo, where no one is compelled by the government to engage in the awful practice of "paying taxes."   I suppose, big boy, that you think you're going to win the lottery, and to be sure, you can take your winnings there and try to figure out how long they'll last.

                          And, um, don't ask your country's military to bail your pathetic ass out.   It's "taxes" that pay the salaries of soldiers, including those sent by your pal Cheney to keep his Halliburton assets intact.

                           

                          It's also pretty funny that little creeps like Newty - the "family values" guy whose family values included calling his (then wife) in her bed in a cancer ward to tell her that he was leaving her for his secretary - and who is so in love with his country that he turns it over to lobbyists, and who will do anything for his country except pay for it - want to tell everybody that they're "patriotic."

                          This is nonsense...

                          If you must know, I remember a country in which patriotism included stuff like making sacrifices for one's country, the least of which is to pay taxes, although many people love their country in ways that you apparently don't remember, just as you don't remember, apparently, a thing about historical tax rates.

                          Give a kiss to Newty for me, and see if maybe you can win him from the "wife du jour."

                          I'll check in with you in November of 2012, loser.

                          Wow, looks like somebody got up on the wrong side of the bed today.  LOL

                          And judging by the seething hate and revisionist history, it's a typical "Let's all do what I want to do or be put in jail" type liberal democrat.

                          I can understand why you're in such a surly mood though - you and your socialist heroes are on your way out. 

                          So get ready to settle in on the Ash Heap of History, comrade.

                          Maybe you and Bawney Fwank can hug and console each other.  He sounds like your type.  LOL


                                                                       
                                               
                                                                   

                           

                           

                           

                           

                                                                                                                             

                          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                      --Edmund Burke

                           

                           

                            rdgrnr's avatar - walt
                            Way back up in them dadgum hills, son!
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                            Posted: December 7, 2011, 6:23 pm - IP Logged

                            No need to get ugly. This is a fun site. That being said, I can't wait till obama is gone in 2012. Haha!

                            Roger that, Robyn.

                            Don't pay any attention to that guy.

                            He's always mad at the world about one thing or another.


                                                                         
                                                 
                                                                     

                             

                             

                             

                             

                                                                                                                               

                            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                        --Edmund Burke

                             

                             

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                              New Member
                              New Orleans, la
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                              Posted: December 7, 2011, 8:44 pm - IP Logged

                              Yeah I noticed haha! Mad he hasn't won the lotto yet maybe?