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How much would you wager on A 1 Billion dollar Jackpot at one Time ?

Topic closed. 46 replies. Last post 3 years ago by spicydavid2005.

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At your current Income ? ... What would you put on 1 Billion dollar Jackpot , at one Time ?

$ 5 - 10 [ 32 ]  [53.33%]
$11 - 20 [ 10 ]  [16.67%]
$ 21 - 49 [ 7 ]  [11.67%]
$ 50 - [ 2 ]  [3.33%]
$ 100 - [ 5 ]  [8.33%]
$ 200 - [ 0 ]  [0.00%]
$ 300- [ 0 ]  [0.00%]
$ 500- [ 1 ]  [1.67%]
$1000 - [ 2 ]  [3.33%]
$1000 plus borrow money from... [ 1 ]  [1.67%]
Total Valid Votes [ 60 ]  
Discarded Votes [ 7 ]  
rdgrnr's avatar - walt
Way back up in them dadgum hills, son!
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Posted: December 3, 2013, 5:13 am - IP Logged

How much would you wager on  A   1  Billion dollar  Jackpot at one Time ?

 

Depends on if you are talking about Mega Millions or Powerball

I agree.

I don't wager based on Jackpots.

It's the odds.

I'd wager the same amount on a Billion Dollar Jackpot as I do on the Starting Jackpot.

Based on the odds.

Since a bigger Jackpot doesn't make it any more likely for me to win, why would I bet more?

    olplugger's avatar - moon2
    Mechanicsville, VA
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    Posted: December 3, 2013, 6:31 am - IP Logged

    I agree.

    I don't wager based on Jackpots.

    It's the odds.

    I'd wager the same amount on a Billion Dollar Jackpot as I do on the Starting Jackpot.

    Based on the odds.

    Since a bigger Jackpot doesn't make it any more likely for me to win, why would I bet more?

    I Agree! 

    "Whatever the human mind can conceive and believe it can achieve."

    Napoleon Hill, Author of "Think & Grow Rich"

                                                                                                                                           


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      Posted: December 3, 2013, 7:24 am - IP Logged

      I really hate to ask, but what exactly is the difference between a Billion dollar MM jackpot and a Billion dollar PB jackpot?

      I'd love to win and find out LOL

        TooTallLuke's avatar - img 8jc7G2.jpg
        Ontario
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        Posted: December 3, 2013, 7:47 am - IP Logged

        I didn't vote because there wasn't a $1 - $5 option. I would spend the price of 1 ticket, if it's MM = $1, if it's PB = $2.  Big Smile

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          Kentucky
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          Posted: December 3, 2013, 10:34 pm - IP Logged

          The cost of a winning ticket.

          If PB and MM both offered  $1 billion jackpots, MM players would have to spend, on average, $259 million to produce each $1 billion winner. PB players would have to spend $350 million.

          I'd probably spring for 5 of the MM tickets and 2 or 3 of the PB tickets, but I'd pay attention to the size of the jump that leads to the $1 billion jackpot. If sales are high enough that there's a very good chance of mutliple winners  I'd figure I'm only playing for $500 million.

          It looks like you would wager $5 or $6 regardless of the price of a ticket. Will you only wager when you believe the jackpot will be won?

          "I'd pay attention to the size of the jump that leads to the $1 billion jackpot."

          Considering how much was bet on the $600 million MM jackpot ($651,915,940), it's doubtful we'll see a $1 billion jackpot.

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            NY
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            Posted: December 4, 2013, 2:21 am - IP Logged

            It looks like you would wager $5 or $6 regardless of the price of a ticket. Will you only wager when you believe the jackpot will be won?

            "I'd pay attention to the size of the jump that leads to the $1 billion jackpot."

            Considering how much was bet on the $600 million MM jackpot ($651,915,940), it's doubtful we'll see a $1 billion jackpot.

            $5 is $5 regardless of the price of a ticket. The odds are so ridiculously high that the only numbers that really matter are how much you risk and how much the potential reward is.

            A jackpot of $1 billion is a certainty. The only question is  how soon it will happen.

            Just as a really simple figure, the chances of a winner are now approximately 1.5 times as unlikely as they were for the record jackpot. That means the same probabilities that resulted in an annuity jackpot of $656 billion would produce a jackpot of $970 million today, using the old annuity formula. The new annuity formula would bump the advertised value to more than $1.2 billion.

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              East of Columbus, OH
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              Posted: December 4, 2013, 4:24 pm - IP Logged

              I don't really like the new matrix/odds on the MM.  I haven't won anything yet.  The only thing it's good for is it lets me play numbers from the 1978 Steelers.

              32-52-58-68-75 (12)

              Life's Too Short To Be Unhappy Cool

                Hamp101's avatar - spherewall
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                Posted: December 5, 2013, 7:36 am - IP Logged

                .....you  Right !   it would  take that much money spent in tickets in different numbers combinations to cover the spread of the odd % :  in mm 258.8 plus  ... pb 350.2 plus million dollars ; but it only takes 1-2 dollars with the right numbers to produce a winner  .

                  Hamp101's avatar - spherewall
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                  Posted: December 5, 2013, 7:45 am - IP Logged

                  but How many of them were the same Wrong Numbers ?? ( of the   651 Plus million bought tickets )

                    Hamp101's avatar - spherewall
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                    Posted: December 5, 2013, 7:51 am - IP Logged

                    Sorry that was an Oversight on my Part, thanks for the Reply though !Thumbs Up

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                      Japan
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                      Posted: December 5, 2013, 9:05 am - IP Logged

                      I have money saved just for the lotto....I don't get to play it much anyway...so

                       I would ....for a Billion dollar jackpot...throw down 500$ for 500 lines.

                      Cheers

                       

                      _____________

                      dailystormer.com

                      justice4germans.com

                        rdgrnr's avatar - walt
                        Way back up in them dadgum hills, son!
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                        Posted: December 6, 2013, 11:59 am - IP Logged

                        I have money saved just for the lotto....I don't get to play it much anyway...so

                         I would ....for a Billion dollar jackpot...throw down 500$ for 500 lines.

                        Cheers

                         

                        _____________

                        dailystormer.com

                        justice4germans.com

                        We got a guy here who does that with the big jackpots, Anfang.

                        Hasn't paid off so far.

                        Good luck to you though.

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                          Kentucky
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                          Posted: December 6, 2013, 3:39 pm - IP Logged

                          but How many of them were the same Wrong Numbers ?? ( of the   651 Plus million bought tickets )

                          I believe there were three jackpot winning tickets so there probably were many other duplicate tickets. Wonder how many tickets had 1-2-3-4-5 + 6?


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                            Posted: December 6, 2013, 4:52 pm - IP Logged

                            I believe there were three jackpot winning tickets so there probably were many other duplicate tickets. Wonder how many tickets had 1-2-3-4-5 + 6?

                            That combo will be the most shared jackpot of all time if its drawn.

                            I stay away from it like the plague!

                            But to answer the OPQ, I normally play between 0 and 10 dollars for any given MegaJackpot. (Probably only three bucks tonite)

                            Sometimes when you bet more, (without a comprehensive wheeling strategy) then you are simply fueling a fear frenzy and betting against yourself.

                            Now a billion dollar jackpot would certainly attract some hi-rollers, but Would it not be better to do say 15 seprate $100 dollar wheels, then to do 1500 quick picks?

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                              Japan
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                              Posted: December 7, 2013, 6:12 am - IP Logged

                              We got a guy here who does that with the big jackpots, Anfang.

                              Hasn't paid off so far.

                              Good luck to you though.

                              Thanks

                              Hehehe indeed.

                              I would do it I really would, but alas I'm not there an only way I can is if I send some money to my brother to pick up lines.

                              I think I just might do that now anyway.

                              Good Luck

                               

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                              justice4germans.com