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You Will Never Win A Lottery Jackpot In Your Lifetime.

Topic closed. 181 replies. Last post 3 years ago by Stack47.

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Endless Mountains Pennsylvania
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December 11, 2013
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Posted: January 20, 2014, 11:04 am - IP Logged

“The arrow always tipped with ill nature and sarcasm is deadliest to him who sends it.” – Prentice Mulford

“Imagination is everything. It is the preview of life's coming attractions.” 

~ Albert Einstein ~

237 ~ 303 ~ 542 ~ 570 ~ 0423 ~ 2371 ~ 3016 ~ 1730

    THRIFTY's avatar - great seal_obverse.jpg
    NEW YORK
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    Posted: January 20, 2014, 5:14 pm - IP Logged

    “The arrow always tipped with ill nature and sarcasm is deadliest to him who sends it.” – Prentice Mulford

    Do not listen to me. You will win a lottery jackpot SOMEDAY. GOOD LUCK.

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    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

      THRIFTY's avatar - great seal_obverse.jpg
      NEW YORK
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      Posted: January 21, 2014, 9:55 am - IP Logged

      “The arrow always tipped with ill nature and sarcasm is deadliest to him who sends it.” – Prentice Mulford

      LOTTERY IMAGINATION.

      US Flag

      PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

        THRIFTY's avatar - great seal_obverse.jpg
        NEW YORK
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        Posted: January 22, 2014, 2:08 pm - IP Logged
        Wrong Big Grin
        There is only one thing that ensures that i will never win the jackpot and that is to not play. Until i take my last breath or stop playing the lottery, the verdict is still out on whether i will win in my lifetime

        I DO NOT PLAY THE LOTTERY.

        I DID NOT PLAY THE LOTTERY TODAY.

        HOW TO WIN THE LOTTERY BY NOT PLAYING=SAVE YOUR MONEY TO PLAY THE LOTTERY SOMEDAY.



        OUR REGULAR LOTTERY PROGRAMMING.

        1) Playing the lottery more often for less tickets= Buying 1 lottery ticket.

        2) Playing the lottery less often for more tickets= Buying multiple lottery tickets.

        3) Playing the lottery less often for less tickets= Buying 1 lottery ticket monthly or yearly.

        4) Playing the lottery more often for more tickets= Spending more money= Gambling addiction.

        I SET A LOTTERY STOP LOSS LIMIT TO MINIMIZE MY LOSSES.

        A lottery stop loss limit is very important to be a successful lottery player over the long term.

        US Flag

        PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

          THRIFTY's avatar - great seal_obverse.jpg
          NEW YORK
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          Posted: January 26, 2014, 2:58 pm - IP Logged

          I DO NOT WANT TO WIN A LOTTERY JACKPOT.

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          PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

            THRIFTY's avatar - great seal_obverse.jpg
            NEW YORK
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            Posted: January 26, 2014, 3:52 pm - IP Logged

            DID YOU GIVE THE LOTTERY A CHANCE TODAY?



            http://www.megamillions.com/winners-gallery/324-million-winner-comes-forward-in-california

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            PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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              wisconsin
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              July 23, 2012
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              Posted: January 26, 2014, 10:01 pm - IP Logged


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                Posted: January 27, 2014, 1:38 am - IP Logged

                Cool!

                Step back three paces and raise your right arm.

                Chant: Zoinker Plunken Goysen Kaftka !

                  THRIFTY's avatar - great seal_obverse.jpg
                  NEW YORK
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                  Posted: January 27, 2014, 10:31 am - IP Logged

                  BUYING MULTIPLE LOTTERY TICKETS PER DRAWING INCREASES YOUR CHANCES OF WINNING A LOTTERY JACKPOT. GOOD LUCK.

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                  PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

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                    Kentucky
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                    February 14, 2006
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                    Posted: January 29, 2014, 2:35 pm - IP Logged

                    BUYING MULTIPLE LOTTERY TICKETS PER DRAWING INCREASES YOUR CHANCES OF WINNING A LOTTERY JACKPOT. GOOD LUCK.

                    To win a MM jackpot we must match the bonus number so sometimes buying more tickets doesn't really increase our chances. If we get 15 tickets each with a different bonus number, we still only have one chance to win the jackpot because 14 of the tickets won't match the bonus number.

                    Lots of players use the Megaplier option and how the bonus numbers are selected does have an effect on the payoffs and the overall chances of winning some prizes. It's almost like playing against yourself by using the same bonus number on multiple Megaplier tickets because if your bonus number is drawn, none your tickets can win the 5 + 0 prize. The effect is the same without the using Megaplier because using the same bonus number on all tickets means players can only win half the secondary prizes.

                    And that brings up the questions of can the overall chances of winning a prize change from 1 in every 14.71 tickets become better or worse depending on self-pick bonus number distribution.

                      LottoMetro's avatar - Lottery-024.jpg
                      Happyland
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                      Posted: January 29, 2014, 3:04 pm - IP Logged

                      To win a MM jackpot we must match the bonus number so sometimes buying more tickets doesn't really increase our chances. If we get 15 tickets each with a different bonus number, we still only have one chance to win the jackpot because 14 of the tickets won't match the bonus number.

                      Lots of players use the Megaplier option and how the bonus numbers are selected does have an effect on the payoffs and the overall chances of winning some prizes. It's almost like playing against yourself by using the same bonus number on multiple Megaplier tickets because if your bonus number is drawn, none your tickets can win the 5 + 0 prize. The effect is the same without the using Megaplier because using the same bonus number on all tickets means players can only win half the secondary prizes.

                      And that brings up the questions of can the overall chances of winning a prize change from 1 in every 14.71 tickets become better or worse depending on self-pick bonus number distribution.

                       If we get 15 tickets each with a different bonus number, we still only have one chance to win the jackpot because 14 of the tickets won't match the bonus number.

                      No, you still have 15 chances to win the jackpot. The jackpot can be any one of those bonus numbers. It's the same whether you choose 15 different bonus numbers or 1 bonus number 15 times. Think of each line as a separate combination. Now, if you choose 15 lines that are exactly the same, then of course you only have one chance. But if even 1 number is different on each line, then you have more than 1 combination and hence more than 1 chance.

                      If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
                      If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                      2017: 0% (0 tickets)
                      P&L % = Total Win($)/Total Wager($) - 1

                        THRIFTY's avatar - great seal_obverse.jpg
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                        Posted: January 29, 2014, 4:38 pm - IP Logged

                        To win a MM jackpot we must match the bonus number so sometimes buying more tickets doesn't really increase our chances. If we get 15 tickets each with a different bonus number, we still only have one chance to win the jackpot because 14 of the tickets won't match the bonus number.

                        Lots of players use the Megaplier option and how the bonus numbers are selected does have an effect on the payoffs and the overall chances of winning some prizes. It's almost like playing against yourself by using the same bonus number on multiple Megaplier tickets because if your bonus number is drawn, none your tickets can win the 5 + 0 prize. The effect is the same without the using Megaplier because using the same bonus number on all tickets means players can only win half the secondary prizes.

                        And that brings up the questions of can the overall chances of winning a prize change from 1 in every 14.71 tickets become better or worse depending on self-pick bonus number distribution.

                        It only takes 1 lottery ticket to win a Mega Millions or Powerball jackpot. Buying an extra ticket increases your chances of winning to 2 in 259 Million for Mega Millions and 2 in 176 Million for Powerball. LOL

                        For example: Odds of winning the Mega Millions are 1 in 176 Million. Odds of winning the Powerball are 1 in 259 Millions. You can only change the odds of winning by changing the games matrices.

                        US Flag

                        PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                          THRIFTY's avatar - great seal_obverse.jpg
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                          Posted: January 29, 2014, 4:44 pm - IP Logged

                           If we get 15 tickets each with a different bonus number, we still only have one chance to win the jackpot because 14 of the tickets won't match the bonus number.

                          No, you still have 15 chances to win the jackpot. The jackpot can be any one of those bonus numbers. It's the same whether you choose 15 different bonus numbers or 1 bonus number 15 times. Think of each line as a separate combination. Now, if you choose 15 lines that are exactly the same, then of course you only have one chance. But if even 1 number is different on each line, then you have more than 1 combination and hence more than 1 chance.

                          The odds of winning a lottery jackpot is the matrix equation of every lottery game. Chances and Odds are two different things in lottery games.

                          For example: Odds of winning the Mega Millions are 1 in 176 Million. Odds of winning the Powerball are 1 in 259 Million. You can only change the odds of winning by changing the games matrices.

                          US Flag

                          PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                            LottoMetro's avatar - Lottery-024.jpg
                            Happyland
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                            Posted: January 29, 2014, 5:20 pm - IP Logged

                            The odds of winning a lottery jackpot is the matrix equation of every lottery game. Chances and Odds are two different things in lottery games.

                            For example: Odds of winning the Mega Millions are 1 in 176 Million. Odds of winning the Powerball are 1 in 259 Million. You can only change the odds of winning by changing the games matrices.

                             Chances and Odds are two different things in lottery games. 

                            Actually, they are exactly the same. It's easier to think about it in terms of probability of winning. If the "odds" of winning are 1 in 10, then you have a 0.10 or 10% chance of winning (found by dividing 1 into 10). If you buy two tickets, each with odds of 1 in 10, then your odds of winning are 2 in 10 or reduced to 1 in 5 (result is same either way). That gives you a 0.20 or 20% chance of winning. Again, this assumes each combination is not identical.

                            Another example: you buy 1 ticket (odds of 1 in 10, 10% chance), someone else buys 2 tickets (odds of 2 in 10 or 1 in 5, 20% chance). Who is more likely to win? The person who bought two. So odds, chances, and probability in lotteries are exactly the same. Probability is just the decimalized intrepretation of odds. You can also divide "1" by the probability of winning to find the odds, i.e. 1/0.20 = 5 or 1 in 5 (which of course is equal to 2 in 10). 

                            Now when it comes to PB and MM, buying more than 1 ticket hardly improves your chances because the odds are so long to begin with. If a million people bought 176 different tickets each, it is likely that only 1 of them would have a winning ticket.

                            If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
                            If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                            2017: 0% (0 tickets)
                            P&L % = Total Win($)/Total Wager($) - 1

                              Jon D's avatar - calotterylogo
                              Los Angeles, California
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                              January 5, 2011
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                              Posted: January 29, 2014, 6:13 pm - IP Logged

                               Chances and Odds are two different things in lottery games. 

                              Actually, they are exactly the same. It's easier to think about it in terms of probability of winning. If the "odds" of winning are 1 in 10, then you have a 0.10 or 10% chance of winning (found by dividing 1 into 10). If you buy two tickets, each with odds of 1 in 10, then your odds of winning are 2 in 10 or reduced to 1 in 5 (result is same either way). That gives you a 0.20 or 20% chance of winning. Again, this assumes each combination is not identical.

                              Another example: you buy 1 ticket (odds of 1 in 10, 10% chance), someone else buys 2 tickets (odds of 2 in 10 or 1 in 5, 20% chance). Who is more likely to win? The person who bought two. So odds, chances, and probability in lotteries are exactly the same. Probability is just the decimalized intrepretation of odds. You can also divide "1" by the probability of winning to find the odds, i.e. 1/0.20 = 5 or 1 in 5 (which of course is equal to 2 in 10). 

                              Now when it comes to PB and MM, buying more than 1 ticket hardly improves your chances because the odds are so long to begin with. If a million people bought 176 different tickets each, it is likely that only 1 of them would have a winning ticket.

                              So odds, chances, and probability in lotteries are exactly the same.

                              Incorrect.

                              Odds, probability and chances are all different things.

                              odds = chances for : chances against (or x to y)

                              probability = chances for / total chances (or x in y)

                              Using your example, probability of 1 in 10 or 1/10, can also be expressed as odds of 1 to 9 or 1:9. It is the lottery industry in which there are blurred lines between odds and probability, labelling probability as "odds" for simplicity.

                              http://en.wikipedia.org/wiki/Odds

                                 
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