Welcome Guest
Log In | Register )
You last visited December 9, 2016, 5:30 am
All times shown are
Eastern Time (GMT-5:00)

Are the base jackpots really too low??

Topic closed. 46 replies. Last post 4 years ago by billionaire2bee.

Page 2 of 4
51
PrintE-mailLink
haymaker's avatar - Lottery-012.jpg
Egg Harbor twp.south Jersey shore
United States
Member #112968
June 29, 2011
3856 Posts
Offline
Posted: December 21, 2012, 4:27 pm - IP Logged

Why would you want to spend your money for a $12M mega millions starting jackpot after seeing so many first time players winning jackpots over $100M? F the mega millions lottery with their low stupid jackpots.LOL

the 4 mils. clear reaches my goal, which is to retire.

Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

    Avatar
    NEW YORK
    United States
    Member #90535
    April 29, 2010
    11982 Posts
    Offline
    Posted: December 21, 2012, 4:35 pm - IP Logged

    the 4 mils. clear reaches my goal, which is to retire.

    I see all US lotteries selling tickets through the Internet like Illinois in 2013. The opportunity cost of buying lottery tickets through retailers is too big.

    US Flag

    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

      mediabrat's avatar - 18z0typ
      upstate NY
      United States
      Member #108791
      March 31, 2011
      549 Posts
      Offline
      Posted: December 21, 2012, 7:01 pm - IP Logged

      I see all US lotteries selling tickets through the Internet like Illinois in 2013. The opportunity cost of buying lottery tickets through retailers is too big.

      One, no.  Two, what does that have to do with the topic at hand?  (Hint: nothing.)

      Patriot


        United States
        Member #130815
        July 25, 2012
        1636 Posts
        Offline
        Posted: December 21, 2012, 7:49 pm - IP Logged

        How do you know how much money people have , and how much anyone has won.......What?

        I know for a FACT that no one here has ever won a jackpot....LOL

          RJOh's avatar - chipmunk
          mid-Ohio
          United States
          Member #9
          March 24, 2001
          19830 Posts
          Offline
          Posted: December 21, 2012, 8:01 pm - IP Logged

          I know for a FACT that no one here has ever won a jackpot....LOL

          You can only know about LP members what you've read in posts by LP members.  And if you know anything it is, not everything you read in LP posts are facts.

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

            RJOh's avatar - chipmunk
            mid-Ohio
            United States
            Member #9
            March 24, 2001
            19830 Posts
            Offline
            Posted: December 21, 2012, 8:05 pm - IP Logged

            1 in 14 million seems like kinda long odds to me............

            They are but 1:175M odds are longer if you're talking about winning the same amount of money.

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

              RJOh's avatar - chipmunk
              mid-Ohio
              United States
              Member #9
              March 24, 2001
              19830 Posts
              Offline
              Posted: December 21, 2012, 8:08 pm - IP Logged

              Why would you want to spend your money for a $12M mega millions starting jackpot after seeing so many first time players winning jackpots over $100M? F the mega millions lottery with their low stupid jackpots.LOL

              Pick3 players have spend the same amount chasing a box hit for $50.

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

                Avatar
                NEW YORK
                United States
                Member #90535
                April 29, 2010
                11982 Posts
                Offline
                Posted: December 21, 2012, 8:11 pm - IP Logged

                One, no.  Two, what does that have to do with the topic at hand?  (Hint: nothing.)

                Time is money.Yes, the base jackpots are too low, but it would not matter to some of us, if we were able to play the lottery through the Internet like in Illinois.

                US Flag

                PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                  Avatar
                  NEW YORK
                  United States
                  Member #90535
                  April 29, 2010
                  11982 Posts
                  Offline
                  Posted: December 21, 2012, 8:14 pm - IP Logged

                  Probably the only people complaining are the ones not buying a ticket when the jackpot is $12M.  If they aren't buying tickets, why should anyone care what they think?  They still have the option of waiting until the jackpot reaches the level at which they like to play.

                  Lottery players that play in every drawing regardless of the jackpot amount are not spending enough to create a rollover.

                  US Flag

                  PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                    RJOh's avatar - chipmunk
                    mid-Ohio
                    United States
                    Member #9
                    March 24, 2001
                    19830 Posts
                    Offline
                    Posted: December 21, 2012, 8:30 pm - IP Logged

                    Time is money.Yes, the base jackpots are too low, but it would not matter to some of us, if we were able to play the lottery through the Internet like in Illinois.

                    Time is only money when someone is willing to pay for it.  As far as I know, no one is being paid for their time to read or post at LP so if you are reading or responding to this post then your time isn't worth much.

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

                      Avatar
                      NEW YORK
                      United States
                      Member #90535
                      April 29, 2010
                      11982 Posts
                      Offline
                      Posted: December 21, 2012, 8:34 pm - IP Logged

                      Time is only money when someone is willing to pay for it.  As far as I know, no one is being paid for their time to read or post at LP so if you are reading or responding to this post then your time isn't worth much.

                      Yes, you are absolutely correct.We will never recover the time invested in playing the lottery. The opportunity cost for every $1 spent on the lottery is too big, unless we win a jackpot.

                      US Flag

                      PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                        rdgrnr's avatar - walt
                        Way back up in them dadgum hills, son!
                        United States
                        Member #73904
                        April 28, 2009
                        14903 Posts
                        Offline
                        Posted: December 21, 2012, 8:37 pm - IP Logged

                        Yes, you are absolutely correct.We will never recover the time invested in playing the lottery. The opportunity cost for every $1 spent on the lottery is too big, unless we win a jackpot.

                        Opportunity cost?

                        Don't we already have enough jargon to contend with?


                                                                     
                                             
                                                                 

                         

                         

                         

                         

                                                                                                                           

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

                                                                                                                    --Edmund Burke

                         

                         

                          Avatar
                          NEW YORK
                          United States
                          Member #90535
                          April 29, 2010
                          11982 Posts
                          Offline
                          Posted: December 21, 2012, 8:41 pm - IP Logged

                          Opportunity cost?

                          Don't we already have enough jargon to contend with?

                          The lottery is a sunk cost unless we win a jackpot. LOL

                          US Flag

                          PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                            rdgrnr's avatar - walt
                            Way back up in them dadgum hills, son!
                            United States
                            Member #73904
                            April 28, 2009
                            14903 Posts
                            Offline
                            Posted: December 21, 2012, 8:46 pm - IP Logged

                            The lottery is a sunk cost unless we win a jackpot. LOL

                            No more than buyin' a lady a drink at the saloon.

                              Avatar
                              NEW YORK
                              United States
                              Member #90535
                              April 29, 2010
                              11982 Posts
                              Offline
                              Posted: December 21, 2012, 9:03 pm - IP Logged

                              No more than buyin' a lady a drink at the saloon.

                              You should ask her out before you buy the drink.LOL

                              US Flag

                              PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!