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Billion dollar lottery in March

Topic closed. 44 replies. Last post 7 years ago by Masone.

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Will you fill out a bracket?

Yes [ 16 ]  [69.57%]
No [ 7 ]  [30.43%]
Total Valid Votes [ 23 ]  
Discarded Votes [ 1 ]  
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NASHVILLE, TENN
United States
Member #33371
February 20, 2006
1044 Posts
Offline

So where can i sign up at?

Me, too.  I want to be a part of this.  Where is the sign-up sheet?

    sully16's avatar - sharan
    25
    Ringleader
    Michigan
    United States
    Member #81738
    October 28, 2009
    76861 Posts
    Offline

    Piece o' cake.

    Hurray! Party Cheers

    Winter is coming !   Ned Stark.

      Avatar
      Thread Starter

      United States
      Member #124810
      March 20, 2012
      219 Posts
      Offline

      Me, too.  I want to be a part of this.  Where is the sign-up sheet?

      I think they'll give us more information in the coming months. There are a lot of sites that let you fill out brackets, so I'm guessing they are going to get a sponsorship from one. We have to know the teams that will be in the tournament first.

        Jon D's avatar - calotterylogo
        Los Angeles, California
        United States
        Member #103809
        January 5, 2011
        1530 Posts
        Offline

        I heard Buffett said on the news that if someone somehow overcomes the odds of having a correct bracket all the way up to the final four, that he may do a Deal or No Deal type of offer to buy them out at that point.

        He'll make them an offer they can't refuse. Wink

        "The banker will offer to buy your case for $100 million . . . or you can sleep with the fishes." Dead

        So do you take the $100M and walk away, or risk it all (winning nothing) for the chance at the billion (annuity) or $500M cash?


          United States
          Member #128786
          June 2, 2012
          5431 Posts
          Offline

          So what would you people buy if you won?

          How would you find the best financial lawyer?

          Would you give money to family?

          Is giving money to your friends acceptable?

          Is winning that much moral?

          What type of car would you buy?

          Will you donate money to a charity?

          Would you keep playing the lottery after a major win?

          Would you buy this ticket in a store that had the most winners?

          Do you play QPs or self picks?

          How much cash would you carry if you won a billion?

          Where would you invest that money?

           

          Please add any I left out. Green laugh

            rdgrnr's avatar - walt
            100
            Way back up in them dadgum hills, son!
            United States
            Member #73902
            April 28, 2009
            14903 Posts
            Offline

            So what would you people buy if you won?

            How would you find the best financial lawyer?

            Would you give money to family?

            Is giving money to your friends acceptable?

            Is winning that much moral?

            What type of car would you buy?

            Will you donate money to a charity?

            Would you keep playing the lottery after a major win?

            Would you buy this ticket in a store that had the most winners?

            Do you play QPs or self picks?

            How much cash would you carry if you won a billion?

            Where would you invest that money?

             

            Please add any I left out. Green laugh

            So what would you people buy if you won?

            A buncha stuff.

            How would you find the best financial lawyer?

            Lawyers are for lazy dopes.

            Would you give money to family?

            Yes.

            Is giving money to your friends acceptable?

            Yes.

            Is winning that much moral?

            Yes.

            What type of car would you buy?

            A Fleet of Bentleys and Aston Martins.

            Will you donate money to a charity?

            Yes.

            Would you keep playing the lottery after a major win?

            Yes.

            Would you buy this ticket in a store that had the most winners?

            No.

            Do you play QPs or self picks?

            Both.

            How much cash would you carry if you won a billion?

            My Personal Assistants would carry $50,000 in $100 bills to Duke the people I indicate with a nod of the head.

            Where would you invest that money?

            Political Campaigns aimed at restoring the Constitution and Rule of Law in this country. 

             

             

            Please add any I left out.

            Are you extremely handsome with an athletic build and very talented?

            Yes.

              whiteballz's avatar - Lottery-015.jpg
              Nutley, New Jersey
              United States
              Member #131054
              August 1, 2012
              901 Posts
              Offline

              So what would you people buy if you won?

              How would you find the best financial lawyer?

              Would you give money to family?

              Is giving money to your friends acceptable?

              Is winning that much moral?

              What type of car would you buy?

              Will you donate money to a charity?

              Would you keep playing the lottery after a major win?

              Would you buy this ticket in a store that had the most winners?

              Do you play QPs or self picks?

              How much cash would you carry if you won a billion?

              Where would you invest that money?

               

              Please add any I left out. Green laugh

              tell me where I can get quick pick NCAA tournament brackets.

              .

                Avatar
                Thread Starter

                United States
                Member #124810
                March 20, 2012
                219 Posts
                Offline

                I heard Buffett said on the news that if someone somehow overcomes the odds of having a correct bracket all the way up to the final four, that he may do a Deal or No Deal type of offer to buy them out at that point.

                He'll make them an offer they can't refuse. Wink

                "The banker will offer to buy your case for $100 million . . . or you can sleep with the fishes." Dead

                So do you take the $100M and walk away, or risk it all (winning nothing) for the chance at the billion (annuity) or $500M cash?

                I would take the 100 million so fast that you wouldn't even see me move. My briefcase would just appear next to Mr. Buffett.


                  United States
                  Member #128786
                  June 2, 2012
                  5431 Posts
                  Offline

                  So what would you people buy if you won?

                  A buncha stuff.

                  How would you find the best financial lawyer?

                  Lawyers are for lazy dopes.

                  Would you give money to family?

                  Yes.

                  Is giving money to your friends acceptable?

                  Yes.

                  Is winning that much moral?

                  Yes.

                  What type of car would you buy?

                  A Fleet of Bentleys and Aston Martins.

                  Will you donate money to a charity?

                  Yes.

                  Would you keep playing the lottery after a major win?

                  Yes.

                  Would you buy this ticket in a store that had the most winners?

                  No.

                  Do you play QPs or self picks?

                  Both.

                  How much cash would you carry if you won a billion?

                  My Personal Assistants would carry $50,000 in $100 bills to Duke the people I indicate with a nod of the head.

                  Where would you invest that money?

                  Political Campaigns aimed at restoring the Constitution and Rule of Law in this country. 

                   

                   

                  Please add any I left out.

                  Are you extremely handsome with an athletic build and very talented?

                  Yes.

                  The last question you added is pure conjecture and debatable. Smash

                  ROFL

                    Jon D's avatar - calotterylogo
                    Los Angeles, California
                    United States
                    Member #103809
                    January 5, 2011
                    1530 Posts
                    Offline

                    I would take the 100 million so fast that you wouldn't even see me move. My briefcase would just appear next to Mr. Buffett.

                    Thumbs Up Yep, I would too! Don't know what his offer would be, he didn't say. That's just a guess.

                    I've seen other reports say that it's not just your regular 64 team bracket,(63 games) they want you to pick the first four as well, choosing all 67 games correctly. That makes it even harder, instead of 9.2 quintillion, that's a whopping 147.5 quintillion to one.

                    So if you somehow make it to the final four, you beat 1 in 18.4 quintillion odds already. So to risk all or nothing on a 1 in 8 chance to go for the billion dollars?

                    Nah...I'll take the $100M or so and walk, thanks.

                      Avatar
                      California
                      United States
                      Member #141200
                      April 7, 2013
                      280 Posts
                      Offline

                      I heard Buffett said on the news that if someone somehow overcomes the odds of having a correct bracket all the way up to the final four, that he may do a Deal or No Deal type of offer to buy them out at that point.

                      He'll make them an offer they can't refuse. Wink

                      "The banker will offer to buy your case for $100 million . . . or you can sleep with the fishes." Dead

                      So do you take the $100M and walk away, or risk it all (winning nothing) for the chance at the billion (annuity) or $500M cash?

                      If it ever comes down to this, then you had better take the deal. If you refuse, you know Buffet will do everything in his power to make sure your prediction doesn't come true even if it means bribing a few of the basketball players to lose the game on purpose.

                        rdgrnr's avatar - walt
                        100
                        Way back up in them dadgum hills, son!
                        United States
                        Member #73902
                        April 28, 2009
                        14903 Posts
                        Offline

                        Well said, I would sit that one out, free or not.

                        Ask Warren for a Quick Pick.

                        And sue him if he doesn't provide them.

                        That's what I'm gonna do.

                        Let's make it a class action.

                          LottoMetro's avatar - Lottery-024.jpg
                          Happyland
                          United States
                          Member #146340
                          September 1, 2013
                          1146 Posts
                          Offline

                          Thumbs Up Yep, I would too! Don't know what his offer would be, he didn't say. That's just a guess.

                          I've seen other reports say that it's not just your regular 64 team bracket,(63 games) they want you to pick the first four as well, choosing all 67 games correctly. That makes it even harder, instead of 9.2 quintillion, that's a whopping 147.5 quintillion to one.

                          So if you somehow make it to the final four, you beat 1 in 18.4 quintillion odds already. So to risk all or nothing on a 1 in 8 chance to go for the billion dollars?

                          Nah...I'll take the $100M or so and walk, thanks.

                          No, the bracket is the same, according to Quicken Loans which is holding the competition.

                          "Prize Conditions: Grand Prize payable over course of 40 years in annual payments of $25 million. Grand Prize Winner may elect to receive a one-time payment of $500 million. Odds: Grand Prize – 1:9,223,372,036,854,775,808, which may vary depending upon the knowledge and skill of entrant; First Prize – odds of winning depend on number and quality of entries received. Winners List: available upon verification of winners, send request to Sponsor: Quicken Loans Inc., 1050 Woodward Avenue, Detroit, MI 48226." (Pasted from their short form of the official rules.)

                          I have also not heard of this Buffett Final Four offer you speak of. What I heard was that if there is still a perfect bracket in play, Mr. Buffett may go to the Final Four games in person. Neither of these are mentioned in the official rules, so I would take any rumors with a grain of salt Thumbs Up

                          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?

                          P&L % = Total Win($)/Total Wager($) - 1

                            Jon D's avatar - calotterylogo
                            Los Angeles, California
                            United States
                            Member #103809
                            January 5, 2011
                            1530 Posts
                            Offline

                            No, the bracket is the same, according to Quicken Loans which is holding the competition.

                            "Prize Conditions: Grand Prize payable over course of 40 years in annual payments of $25 million. Grand Prize Winner may elect to receive a one-time payment of $500 million. Odds: Grand Prize – 1:9,223,372,036,854,775,808, which may vary depending upon the knowledge and skill of entrant; First Prize – odds of winning depend on number and quality of entries received. Winners List: available upon verification of winners, send request to Sponsor: Quicken Loans Inc., 1050 Woodward Avenue, Detroit, MI 48226." (Pasted from their short form of the official rules.)

                            I have also not heard of this Buffett Final Four offer you speak of. What I heard was that if there is still a perfect bracket in play, Mr. Buffett may go to the Final Four games in person. Neither of these are mentioned in the official rules, so I would take any rumors with a grain of salt Thumbs Up

                            Here you go LottoMetro, article mentioning 67 games and final four offer from major news outlet:

                            http://www.latimes.com/business/la-fi-buffett-basketball-bet-20140122,0,7653962.story#axzz2rFiIvXQK

                            Of course, reporters have been known to be wrong before. It could very well just be the standard 63 game bracket. We'll have to wait for the completed official rules, not just the preliminary short form.

                              LottoMetro's avatar - Lottery-024.jpg
                              Happyland
                              United States
                              Member #146340
                              September 1, 2013
                              1146 Posts
                              Offline

                              Here you go LottoMetro, article mentioning 67 games and final four offer from major news outlet:

                              http://www.latimes.com/business/la-fi-buffett-basketball-bet-20140122,0,7653962.story#axzz2rFiIvXQK

                              Of course, reporters have been known to be wrong before. It could very well just be the standard 63 game bracket. We'll have to wait for the completed official rules, not just the preliminary short form.

                              Yes, that's true. Forbes misquoted the odds as 1 in 4 trillion something. They got that number from someone else who got it wrong.

                              I read the article you linked but nowhere does it specifically name the odds you posted. It vaguely mentions "67 games" which in itself is deceptive. The NCAA tournament starts with 68 teams, but the brackets only contain 64 teams (The First Four round determines which 4 teams are eliminated; this sets the bracket for the tournament). So there are 63 "official" tournament games that must be played until there remains 1 team as the champion.

                              Quicken wouldn't advertise the grand prize with the odds I posted if they were different. They've already worked out the math and set the official rules.

                              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?

                              P&L % = Total Win($)/Total Wager($) - 1