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Quote: Originally posted by THRIFTY on Aug 7, 2012
I just can't see myself playing every single drawing, although I see players that play a single line quick pick regardless of the jackpot size, and they have won big. I see it like playing the lottery like a lab rat.
I see myself winning any jackpot over $40 millions. It will allow me to retire in a big way. Some of us love to dream BIG.
"I see players that play a single line quick pick regardless of the jackpot size, and they have won big."
It looks like you're still assuming because it says "one ticket was sold with all the winning numbers" it means the winner only purchased one ticket. Unless the winner specifies at the press conference they only bought one ticket, for all we know, they could have bought hundreds.
"Some of us love to dream BIG."
Try some reality; have any ideas for finding a group of 28 numbers that match all five numbers in 10% of the drawings?
mid-Ohio United States
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Quote: Originally posted by Stack47 on Aug 8, 2012
"I see players that play a single line quick pick regardless of the jackpot size, and they have won big."
It looks like you're still assuming because it says "one ticket was sold with all the winning numbers" it means the winner only purchased one ticket. Unless the winner specifies at the press conference they only bought one ticket, for all we know, they could have bought hundreds.
"Some of us love to dream BIG."
Try some reality; have any ideas for finding a group of 28 numbers that match all five numbers in 10% of the drawings?
Try some reality; have any ideas for finding a group of 28 numbers that match all five numbers in 10% of the drawings?
That's tougher than it sounds. Since MM has 744 drawing since its last matrix change you'll need to find 28 numbers that have matched five 75 times since that change. Taking the top 28 numbers only get you 42.
NEW YORK United States
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Quote: Originally posted by Stack47 on Aug 8, 2012
"I see players that play a single line quick pick regardless of the jackpot size, and they have won big."
It looks like you're still assuming because it says "one ticket was sold with all the winning numbers" it means the winner only purchased one ticket. Unless the winner specifies at the press conference they only bought one ticket, for all we know, they could have bought hundreds.
"Some of us love to dream BIG."
Try some reality; have any ideas for finding a group of 28 numbers that match all five numbers in 10% of the drawings?
Increasing your chances of winning the Mega millions or Powerball by buying more tickets will never change the fact that each Mega millions combination cost $1 to play and $2 for Powerball. I do not have to be a math genius to see it.
Spending more than $1 or $2 on MM and PB does not make any economic sense. You could have bought any of the past MM or PB winning combinations for the basic ticket cost.
Your get more value by winning the mega millions or powerball by spending no more than $1 and $2 for the winning combination. Economic 101 my friend.
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Quote: Originally posted by Stack47 on Aug 8, 2012
"I see players that play a single line quick pick regardless of the jackpot size, and they have won big."
It looks like you're still assuming because it says "one ticket was sold with all the winning numbers" it means the winner only purchased one ticket. Unless the winner specifies at the press conference they only bought one ticket, for all we know, they could have bought hundreds.
"Some of us love to dream BIG."
Try some reality; have any ideas for finding a group of 28 numbers that match all five numbers in 10% of the drawings?
I know the risk to reward factor of winning a lottery jackpot. I do not mind risking $1 to $100 in a MM or PB drawing to win the jackpot.
When would I risk $1 to $100 on MM or PB? Someday.
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Quote: Originally posted by Stack47 on Aug 7, 2012
By finding a group of 33 numbers that consistently matches all five numbers, the total number of combos is reduced by 94%. Playing all 237,336 combos is probably not a good playing strategy, but if you could create a consistent subgroup of 15 numbers using all of them in four or five number combos, the play would be a more realistic 27,573 combos. And that's pretty close to the 1 in 10 ratio you're looking for. Using a 15 number subgroup of 28 numbers with four or five of those numbers in each combo reduces that cost of play to $20,748.
I believe you're on the right track; you find a consistent group of 33 or 28 numbers that matches all five numbers and I'll show you how it can be played at a profit without wheeling all the combos.
I follow your thinking Stack47, and I agree with you. However there is no way to come up with a subgroup having 5 of 5 from a group that dosnt contain 5 of 5 to start with.
The best I can consistently give you 5 of 5 in, would be 41 and maybe push to 39.
If you can somehow condense the larger groups and still hit 5 of 5, its worth a try.
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Quote: Originally posted by Ronnie316 on Aug 8, 2012
I follow your thinking Stack47, and I agree with you. However there is no way to come up with a subgroup having 5 of 5 from a group that dosnt contain 5 of 5 to start with.
The best I can consistently give you 5 of 5 in, would be 41 and maybe push to 39.
If you can somehow condense the larger groups and still hit 5 of 5, its worth a try.
You guys do not focus on the cost of playing the lottery, every combination has a dollar value to it.
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Quote: Originally posted by THRIFTY on Aug 8, 2012
You guys do not focus on the cost of playing the lottery, every combination has a dollar value to it.
Yes THRIFTY, we are not focused on the cost. It may be hard to understand but some people will buy $98,280 worth of tickets for a good chance at $250,000.
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Quote: Originally posted by Ronnie316 on Aug 8, 2012
Yes THRIFTY, we are not focused on the cost. It may be hard to understand but some people will buy $98,280 worth of tickets for a good chance at $250,000.
You will not see Hedge funds spending that much money to win $250K, after they saw The 3 Asset Managers from Connecticut winning a $254M Powerball Jackpot with $1 Quick Pick Ticket.
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Quote: Originally posted by x1kosmic on Aug 8, 2012
Thrifty,
I really respect your opinions,
but
think of it like this....... There's 10 people in line for lottery at the store
Your 10th in line, and your the only one in line, that knows anything about picking lottery numbers
whether it's birthday numbers...........your 1 lucky set .........or you've done a little research to come up with a number or two
the other 9 people are just getting Q-picks
THEY OUT-NUMBER YOU
Thats why quick picks win the most in my little humble opinion
How about when players win by buying a single quick pick ticket? I feel that quick pick tickets meet the lottery computers criteria when it comes to randomness.
Buying quick pick tickets increases your chances of winning regardless of how many tickets you buy, because the lottery computer that generate your tickets knows the winning combination.
I get your point that quick picks generate more winners because more players buy quick pick tickets.
Who knows when it comes to the lottery. Lotteries are in the business of making money from its core players. Thanks God that I play the lottery less often.
mid-Ohio United States
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Quote: Originally posted by THRIFTY on Aug 8, 2012
How about when players win by buying a single quick pick ticket? I feel that quick pick tickets meet the lottery computers criteria when it comes to randomness.
Buying quick pick tickets increases your chances of winning regardless of how many tickets you buy, because the lottery computer that generate your tickets knows the winning combination.
I get your point that quick picks generate more winners because more players buy quick pick tickets.
Who knows when it comes to the lottery. Lotteries are in the business of making money from its core players. Thanks God that I play the lottery less often.
Buying quick pick tickets increases your chances of winning regardless of how many tickets you buy, because the lottery computer that generate your tickets knows the winning combination.
Now you're going to have to do more than talk the most to make anyone believe that. How do you explain the MM jackpot exceeding $640 in April and a couple of computer programmers and a multi-millionaire having two of the three winning tickets?
* you don't need to buy every combination, just the winning ones *
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Quote: Originally posted by RJOh on Aug 8, 2012
Buying quick pick tickets increases your chances of winning regardless of how many tickets you buy, because the lottery computer that generate your tickets knows the winning combination.
Now you're going to have to do more than talk the most to make anyone believe that. How do you explain the MM jackpot exceeding $640 in April and a couple of computer programmers and a multi-millionaire having two of the three winning tickets?
The $640M Mega Millions Jackpot was won with Quick Pick Tickets. Type the names of the 3 winners and you will see that the winning tickets were all quick picks. I posted one of the winning tickets in one of my threads.
mid-Ohio United States
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Quote: Originally posted by THRIFTY on Aug 8, 2012
The $640M Mega Millions Jackpot was won with Quick Pick Tickets. Type the names of the 3 winners and you will see that the winning tickets were all quick picks. I posted one of the winning tickets in one of my threads.
I typed in several names and got nothing, that proves the question is still opened.
* you don't need to buy every combination, just the winning ones *
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Quote: Originally posted by RJOh on Aug 8, 2012
I typed in several names and got nothing, that proves the question is still opened.
Here is a link to Merle Butler with a picture of his $3 quick pick ticket. He was one of the 3 winners that won the $640 millions mega millions jackpot.
mid-Ohio United States
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Quote: Originally posted by RJOh on Aug 8, 2012
Try some reality; have any ideas for finding a group of 28 numbers that match all five numbers in 10% of the drawings?
That's tougher than it sounds. Since MM has 744 drawing since its last matrix change you'll need to find 28 numbers that have matched five 75 times since that change. Taking the top 28 numbers only get you 42.
If someone does come up with 28 numbers that have matched five 10% of the time it will be interesting to know what is unique about the group and if their uniqueness can be applied to other lotteries.
* you don't need to buy every combination, just the winning ones *