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I just dont understand!?!?!

Topic closed. 48 replies. Last post 5 years ago by THRIFTY.

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RJOh's avatar - chipmunk
mid-Ohio
United States
Member #9
March 24, 2001
19828 Posts
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Posted: February 4, 2012, 1:00 pm - IP Logged

I have heard people say the same thing, they wait till a jackpot is really high, before buying a lottery ticket, which I think is really stupid- since they could win a jackpot easily,  And therefore, I bet- they miss out on winning alot of times!!

 

Dance

Everyone think their strategy for playing the lotteries is the smartest.  I've had people ask me why spent a dollar trying to win a jackpot when I could spend it playing pick3 and have a better chance of winning $50.  If you play every drawing then the jackpot amount doesn't matter but if you only play once in a while, why not play when the jackpot is high?  Facts are if you're losing then smart or stupid does matter either.

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

    rdgrnr's avatar - walt
    Way back up in them dadgum hills, son!
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    Posted: February 4, 2012, 6:10 pm - IP Logged

    ridge, you'll never out smart KY floyd. He's been a hallmark here on the LP and  regarded as the handful who has a sophisticated sensability to him. As much as i disagree with Floyd, most of the time, to my dismay.lol, he's correct...

    "...sophisticated sensability..."?  Lmao! (and not at your spelling)

    Of course he's correct most of the time when it comes to not spending money.

    He's just a cheapskate tightwad and that trait consumes his every waking thought.

    There's no strategy there, it's just his nature. He probably gave the same amount to charity last year as most cheapskate libs gave - nothing.

    He pinches pennies so tight he's got Abe Lincoln wincing in his grave.

    He throws quarters around like they're manhole covers.

    He's "allocating" TWENTY DOLLARS to bet on Powerball this year! TWENTY DOLLARS! How'd you like to go out drinkin' with a mook like that?

    Gimme a break.


                                                 
                         
                                             

     

     

     

     

                                                                                                       

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

                                                                                                --Edmund Burke

     

     

      mrsinful's avatar - gambling problem.jpg
      South Carolina
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      November 5, 2008
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      Posted: February 4, 2012, 7:19 pm - IP Logged

      I think the powerball gods that be seem to have an opinion on when people will start playing.

      It seems that they came up with $40 million. It didnt work for me, but hey I guess they did their research.

      WARNING: opinion ahead- "Greedy B#$%^. (The lottery- not players.)

      Rehab is for quitters.

        Uff Da!'s avatar - InCelebration 001.jpg
        Washington State
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        Posted: February 4, 2012, 10:20 pm - IP Logged

        I tend to think like KY Floyd.  Let's face it, the odds of winning one of the major lotteries are ridiculous.  In all probability, money I spend on lottery tickets will be "throwing my money away."  I budget somewhere around $300 a year for such foolishness.  And as I've told others for years, if I'm going to throw my money away anyway, I may as well throw it at a larger amount than at a smaller jackpot.  I'd rather wait and put $5 or $10 toward a larger jackpot than put a dollar or two in each time.  And if the jackpots don't get big enough to suit me and I have money to spare, I'll just put my dollars toward state games that have better odds.

          rdgrnr's avatar - walt
          Way back up in them dadgum hills, son!
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          Posted: February 4, 2012, 10:55 pm - IP Logged

          I tend to think like KY Floyd.  Let's face it, the odds of winning one of the major lotteries are ridiculous.  In all probability, money I spend on lottery tickets will be "throwing my money away."  I budget somewhere around $300 a year for such foolishness.  And as I've told others for years, if I'm going to throw my money away anyway, I may as well throw it at a larger amount than at a smaller jackpot.  I'd rather wait and put $5 or $10 toward a larger jackpot than put a dollar or two in each time.  And if the jackpots don't get big enough to suit me and I have money to spare, I'll just put my dollars toward state games that have better odds.

          You don't think like K-Y Jelly Floyd, Uff Da.
          You said you're budgeting $300 this year.
          The Jelly Man is budgeting $20, read TWENTY DOLLARS.
          For the WHOLE year!
          And I have no problem with that until he called Elizabeth stupid for betting on starting jackpots.
          I believe he's embarrassed by the fact that he's so god-awful cheap that he comes up with the whopper that it's a strategy.
          It ain't no strategy, he's just cheap.
          He's got fish hooks in his pockets.
          A tightwad.


                                                       
                               
                                                   

           

           

           

           

                                                                                                             

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

                                                                                                      --Edmund Burke

           

           

            Uff Da!'s avatar - InCelebration 001.jpg
            Washington State
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            Posted: February 4, 2012, 11:41 pm - IP Logged

            You don't think like K-Y Jelly Floyd, Uff Da.
            You said you're budgeting $300 this year.
            The Jelly Man is budgeting $20, read TWENTY DOLLARS.
            For the WHOLE year!
            And I have no problem with that until he called Elizabeth stupid for betting on starting jackpots.
            I believe he's embarrassed by the fact that he's so god-awful cheap that he comes up with the whopper that it's a strategy.
            It ain't no strategy, he's just cheap.
            He's got fish hooks in his pockets.
            A tightwad.

            LOL, Rdgrnr, don't think "'cheap," think "thrifty."   Don't think "tightwad," think "highly discriminating."

            My $300 is for all lotteries for the year, including state lotto and the state pick-5.  As I understood it (and I might not have it right, as I haven't seen his direct statement) Mister Floyd said he'd only spend about $20 on Powerball this year.  I might not spend any more than that on Powerball myself now that they raised the price!  I considered dropping Powerball altogether, but will probably still buy tickets when the jackpot is in the higher ranges.  I won't even consider doing so until the cash value is at least $150 million, but even then if the odds to jackpot ratio look more favorable in Mega Millions, state lotto or pick-5, (which they often will be) I'll put my money in one or more of those in a given week. So I guess that's something of a strategy.  I just want the most for my bucks and Powerball will rarely give it.

            Oh, Rdgrnr, note that Elizabeth said that she thought waiting till a jackpot is really high before buying a lottery ticket was really stupid.  So I guess you think it is okay for her to call people like me and KY who wait "stupid"?

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
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              Posted: February 5, 2012, 12:12 am - IP Logged

              LOL, Rdgrnr, don't think "'cheap," think "thrifty."   Don't think "tightwad," think "highly discriminating."

              My $300 is for all lotteries for the year, including state lotto and the state pick-5.  As I understood it (and I might not have it right, as I haven't seen his direct statement) Mister Floyd said he'd only spend about $20 on Powerball this year.  I might not spend any more than that on Powerball myself now that they raised the price!  I considered dropping Powerball altogether, but will probably still buy tickets when the jackpot is in the higher ranges.  I won't even consider doing so until the cash value is at least $150 million, but even then if the odds to jackpot ratio look more favorable in Mega Millions, state lotto or pick-5, (which they often will be) I'll put my money in one or more of those in a given week. So I guess that's something of a strategy.  I just want the most for my bucks and Powerball will rarely give it.

              Oh, Rdgrnr, note that Elizabeth said that she thought waiting till a jackpot is really high before buying a lottery ticket was really stupid.  So I guess you think it is okay for her to call people like me and KY who wait "stupid"?

              Chivalry isn't completely dead yet, Uff Da.

              I may tend to give the ladies a wider berth and more ample latitude than the men as is my wont and custom.

              But I loves my wimmins.


                                                           
                                   
                                                       

               

               

               

               

                                                                                                                 

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

                                                                                                          --Edmund Burke

               

               

                CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
                TX
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                January 4, 2012
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                Posted: February 5, 2012, 12:17 am - IP Logged

                Chivalry isn't completely dead yet, Uff Da.

                I may tend to give the ladies a wider berth and more ample latitude than the men as is my wont and custom.

                But I loves my wimmins.

                and now the jackpot rolled to 250 Million you get to spend even more on em Rdg !!!!!  after you and/or I win

                Stay Positive, Believe and good things will come your way

                  rdgrnr's avatar - walt
                  Way back up in them dadgum hills, son!
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                  Posted: February 5, 2012, 12:23 am - IP Logged

                  and now the jackpot rolled to 250 Million you get to spend even more on em Rdg !!!!!  after you and/or I win

                  $250 Million? Holy Moly! I think I'll throw another couple hundred on it!

                  (There is weeping, the gnashing of teeth and the clutching of a wallet somewhere in NY)


                                                               
                                       
                                                           

                   

                   

                   

                   

                                                                                                                     

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

                                                                                                              --Edmund Burke

                   

                   

                    CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
                    TX
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                    Posted: February 5, 2012, 12:35 am - IP Logged

                    $250 Million? Holy Moly! I think I'll throw another couple hundred on it!

                    (There is weeping, the gnashing of teeth and the clutching of a wallet somewhere in NY)

                    LOL...not sure who in NY is being "reserved" but theres a guy at 1600 Pennsylvania Ave whos  happy for more  wealth redistribution funding  Yes Nod

                    Stay Positive, Believe and good things will come your way

                      savagegoose's avatar - ProfilePho
                      adelaide sa
                      Australia
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                      Posted: February 5, 2012, 1:04 am - IP Logged

                      lol i used  to think i was a tightwad.then i started keeping account of how much i spend on lotto. and keno.

                      by looks on my sig it was $170 for month of Jan. I aspire to being a tightwad.  or at least a little tighter than i am right now. and I am struggling with the urge to stay in every draw / save up money to enter larger covers when the pots are higher. but then wh have nothing approaching 1 in 175 mill odds.

                      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

                        Kumo's avatar - ebDWVf6 jpg?1

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                        Posted: February 5, 2012, 1:13 am - IP Logged

                        Quite often, I hear or read statements being made like " I wont play the Lottery unless its at least 50 Mill" or " Once it reaches 100 Mill, I'll play".....

                        I understand the odds are stupid crazy, but 1-2 dollars. Even after a roll, I mean what are you gonna do with a buck or 2? Buy a donut? You dont need a donut.

                        Im just trying to understand the logic. Here in TX, our Lottery starts at 4 Mill, so probably 2.25 after taxes. I got into it with a buddy who made the remark. Im like "What, is that not enough for you"? lol

                        Could be your friend has just established his own comfort level on playing the game and is not willing to go over that. Even though I play my two sets of numbers every drawing with the occasional extra QP, his reasons sound valid. If it came down to choosing milk for the kids vs. a lottery ticket, I'd choose the milk.

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
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                          Posted: February 5, 2012, 1:42 am - IP Logged

                          lol i used  to think i was a tightwad.then i started keeping account of how much i spend on lotto. and keno.

                          by looks on my sig it was $170 for month of Jan. I aspire to being a tightwad.  or at least a little tighter than i am right now. and I am struggling with the urge to stay in every draw / save up money to enter larger covers when the pots are higher. but then wh have nothing approaching 1 in 175 mill odds.

                          Don't aspire to be a tightwad savagegoose. Nobody likes a tightwad, they don't even like themselves.

                          There's a vast chasm between being reasonably and sensibly frugal and being a chiseling tightwad and miserly skinflint cheapskate scrooge.

                          There's one in NY who thinks the birds call his name every morning (cheep cheep cheep).


                                                                       
                                               
                                                                   

                           

                           

                           

                           

                                                                                                                             

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

                                                                                                                      --Edmund Burke

                           

                           

                            Guest


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                            Posted: February 5, 2012, 3:47 am - IP Logged

                            "...sophisticated sensability..."?  Lmao! (and not at your spelling)

                            Of course he's correct most of the time when it comes to not spending money.

                            He's just a cheapskate tightwad and that trait consumes his every waking thought.

                            There's no strategy there, it's just his nature. He probably gave the same amount to charity last year as most cheapskate libs gave - nothing.

                            He pinches pennies so tight he's got Abe Lincoln wincing in his grave.

                            He throws quarters around like they're manhole covers.

                            He's "allocating" TWENTY DOLLARS to bet on Powerball this year! TWENTY DOLLARS! How'd you like to go out drinkin' with a mook like that?

                            Gimme a break.

                            i was drinking when i wrote sensability.

                            i don't believe he is cheap. I believe Kfloyd is like a robot mind with the least path of resistance or in this case, the most logical pathway for the highest payoff mentality. Logic is good but if logic is eclipsed by the human aspect, then the choice is debatable. having said that, for some reason i choose logic, in general. In some cases human emotion can get in the way of an ideal choice in the long run.. Also, belief systems can get in the way too.

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                              Posted: February 5, 2012, 3:50 am - IP Logged

                              Chivalry isn't completely dead yet, Uff Da.

                              I may tend to give the ladies a wider berth and more ample latitude than the men as is my wont and custom.

                              But I loves my wimmins.

                              I smell bias...