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How many tickets do you normally buy for either JP?

Topic closed. 53 replies. Last post 3 years ago by Tatototman65.

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haymaker's avatar - Lottery-012.jpg
Egg Harbor twp.south Jersey shore
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Posted: September 2, 2013, 6:42 pm - IP Logged

$3 for ea. PB draw $2 for ea. MM

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

    noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
    Bay Area - California
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    Posted: September 2, 2013, 6:42 pm - IP Logged

    No, that's not quite how it works.
    1 ticket - possibilities are 1 out of 175,223,510 or  0.00000057%
    2 tickets - possibilities are 2 out of 175,223,510 or 1 out of 87,611,755 or 0.00000114%
    10,000 tickets - possibilities are 10,000 out of 175,223,510 or 1 out of 17,522 or 0.0057%
    1,752,235 tickets - possibilities are 1,752,235 out of 175,223,510 or 1 out of 100 or 1%

    So apart from your head spinning Math Red7- how many tickets do you come out of the convenient store with?

    * Tickets- Not odds?

      IPlayWeekly's avatar - avatarmoney
      Columbus, Ohio
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      Posted: September 2, 2013, 6:44 pm - IP Logged

      No, that's not quite how it works.
      1 ticket - possibilities are 1 out of 175,223,510 or  0.00000057%
      2 tickets - possibilities are 2 out of 175,223,510 or 1 out of 87,611,755 or 0.00000114%
      10,000 tickets - possibilities are 10,000 out of 175,223,510 or 1 out of 17,522 or 0.0057%
      1,752,235 tickets - possibilities are 1,752,235 out of 175,223,510 or 1 out of 100 or 1%

      wow, that's alot of math

        redhot7's avatar - SetforLifeLogo
        California
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        Posted: September 2, 2013, 6:44 pm - IP Logged

        So apart from your head spinning Math Red7- how many tickets do you come out of the convenient store with?

        * Tickets- Not odds?

        As I said, just one. Look at the Math. You would need to buy more than 1.7 million tickets to have a decent chance of 1%. That's why I said it's
        so astronomical.

          haymaker's avatar - Lottery-012.jpg
          Egg Harbor twp.south Jersey shore
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          Posted: September 2, 2013, 6:45 pm - IP Logged

          Is that a Misprint OM?

          12 tickets in 365 days for PB and the same # for Fantasy 5?

          Missouri ?

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

            noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
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            Posted: September 2, 2013, 6:48 pm - IP Logged

            As I said, just one. Look at the Math. You would need to buy more than 1.7 million tickets to have a decent chance of 1%. That's why I said it's
            so astronomical.

            l dont know anyone who buys 1.7 million tickets for a chance to win it all.

            How many tickets a month for you Red7?

              redhot7's avatar - SetforLifeLogo
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              Posted: September 2, 2013, 6:48 pm - IP Logged

              wow, that's alot of math

              Not really.
              If the original chances are 1 in Y and you buy 1 ticket, your chances are 1 in Y.
              If you buy X number of tickets, your chances are X in Y.
              Just divide X/Y to get the number in percentage.


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                Posted: September 2, 2013, 6:49 pm - IP Logged

                No, that's not quite how it works.
                1 ticket - possibilities are 1 out of 175,223,510 or  0.00000057%
                2 tickets - possibilities are 2 out of 175,223,510 or 1 out of 87,611,755 or 0.00000114%
                10,000 tickets - possibilities are 10,000 out of 175,223,510 or 1 out of 17,522 or 0.0057%
                1,752,235 tickets - possibilities are 1,752,235 out of 175,223,510 or 1 out of 100 or 1%

                Disapprove

                Oh boy, do we have to go through this for the 50th time? lol

                Where's Cointoss when you need him..lol

                Here we go again. This subject is like a pesky mosquito that seems to live forever and doesn't go away. Green laugh

                People have written about this in the past on LP and they don't get it and never will. I'm not going to argue with you, and i don't want this thread to get locked.

                I'm just going to say this once, and leave it alone.

                It's misleadiing to write It at 1 out of 87 million. But most people look at it and tell themselves what an improvement in the odds they made.

                It doesn't matter how you put it, the bottom line is that If you buy two tickets for PB, there are still 175,223,508 possible outcomes. That's the reality, not 2 tix=1 out of 87 million.

                There is no way in the world you cut the odds in half by buying two tickets. Crazy

                  redhot7's avatar - SetforLifeLogo
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                  Posted: September 2, 2013, 6:50 pm - IP Logged

                  l dont know anyone who buys 1.7 million tickets for a chance to win it all.

                  How many tickets a month for you Red7?

                  I buy one ticket per draw for PB, MM and SLP. There are 2 draws per week. So, about 24 to 26 tickets per month.


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                    Posted: September 2, 2013, 6:50 pm - IP Logged

                    The only way to cut my odds by half is to purchase 87,611,755 tickets. Period!


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                      Posted: September 2, 2013, 6:53 pm - IP Logged

                      Is that a Misprint OM?

                      12 tickets in 365 days for PB and the same # for Fantasy 5?

                      Read my signature. I'm not like some here who spend hundreds a month. Why should I after reading my signature?

                        noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
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                        Posted: September 2, 2013, 6:54 pm - IP Logged

                        I buy one ticket per draw for PB, MM and SLP. There are 2 draws per week. So, about 24 to 26 tickets per month.

                        See- that was not hard at all for you to say.

                        Big Smile

                          redhot7's avatar - SetforLifeLogo
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                          Posted: September 2, 2013, 6:58 pm - IP Logged

                          Disapprove

                          Oh boy, do we have to go through this for the 50th time? lol

                          Where's Cointoss when you need him..lol

                          Here we go again. This subject is like a pesky mosquito that seems to live forever and doesn't go away. Green laugh

                          People have written about this in the past on LP and they don't get it and never will. I'm not going to argue with you, and i don't want this thread to get locked.

                          I'm just going to say this once, and leave it alone.

                          It's misleadiing to write It at 1 out of 87 million. But most people look at it and tell themselves what an improvement in the odds they made.

                          It doesn't matter how you put it, the bottom line is that If you buy two tickets for PB, there are still 175,223,508 possible outcomes. That's the reality, not 2 tix=1 out of 87 million.

                          There is no way in the world you cut the odds in half by buying two tickets. Crazy

                          It may seem counter intuitive but that is the true Math.

                          Let's make it simple. Suppose you sell 6 coupons. One of which has a prize. All others are duds. If I buy 2 tickets, my chances are 2 out of 6 or 1 out of 3 since I buy one third of your samples, not 1 out of 4.

                            noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
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                            Posted: September 2, 2013, 7:01 pm - IP Logged

                            Read my signature. I'm not like some here who spend hundreds a month. Why should I after reading my signature?

                            l Read it- its upfront which is great- however its no different than someone saying.." Trust me- l,m a Lawyer"

                            ... although your signature is True.

                              redhot7's avatar - SetforLifeLogo
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                              Posted: September 2, 2013, 7:02 pm - IP Logged

                              The only way to cut my odds by half is to purchase 87,611,755 tickets. Period!

                              NO. If you buy 87,611,755, your chances are 87,611,755 out of 175,223,510 or 50%. You don't "double" your chances from 0.00000057% to 50%. It's a lot more than that.