Welcome Guest
Log In | Register )
You last visited December 11, 2016, 3:00 am
All times shown are
Eastern Time (GMT-5:00)

Mega Millions And Powerball Odds Are Approaching The Size Of The Usa Population Of 318.9 Million.

Topic closed. 38 replies. Last post 2 years ago by RJOh.

Page 3 of 3
4.411
PrintE-mailLink

IS IT STUPID TO KEEP PLAYING THE LOTTERY?

YES [ 9 ]  [30.00%]
NO [ 21 ]  [70.00%]
I DO NOT PLAY THE LOTTERY [ 0 ]  [0.00%]
Total Valid Votes [ 30 ]  
Discarded Votes [ 2 ]  
RJOh's avatar - chipmunk
mid-Ohio
United States
Member #9
March 24, 2001
19831 Posts
Offline
Posted: March 8, 2015, 11:29 pm - IP Logged

It also means 77.78% of all the combinations win nothing so the real trick is to avoid playing those combos.

Summary

 Statistic  Current Month  Last Month  Current Year  Last Year  Lifetime 
Picks1,0404,1609,80046,595108,484
Hits2329202,10210,31617,330
    Hit Ratio22.31%22.12%21.45%22.14%15.97%
Winnings$896$4,788$10,900$43,748$88,607
    Prize Ratio43.08%57.55%55.61%47.14%47.62%

My prize ratio is just average because of the quality of my hits.

My prize ratio is just average because of the quality of my hits.

So are mines but posting those 50 Texas AON lines from the LP RNG made me look like a genius.

RJOh: Statistics Summary

Summary

 Statistic  Current Month  Last Month  Current Year  Last Year  Lifetime 
Picks180803551,15619,165
Hits3234029773
    Hit Ratio17.78%3.75%11.27%2.51%4.03%
Winnings$581$4$591$67$24,882
    Prize Ratio187.42%3.64%107.45%5.66%126.33%

Notes:

  • The Prize Ratio is based on the actual cost of tickets, not the number of picks.

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

    Avatar
    Kentucky
    United States
    Member #32652
    February 14, 2006
    7325 Posts
    Offline
    Posted: March 8, 2015, 11:41 pm - IP Logged

    My prize ratio is just average because of the quality of my hits.

    So are mines but posting those 50 Texas AON lines from the LP RNG made me look like a genius.

    RJOh: Statistics Summary

    Summary

     Statistic  Current Month  Last Month  Current Year  Last Year  Lifetime 
    Picks180803551,15619,165
    Hits3234029773
        Hit Ratio17.78%3.75%11.27%2.51%4.03%
    Winnings$581$4$591$67$24,882
        Prize Ratio187.42%3.64%107.45%5.66%126.33%

    Notes:

    • The Prize Ratio is based on the actual cost of tickets, not the number of picks.

    You're "only" getting a 17.78% hit ratio out 180 predictions meaning the obvious; the quality of hits is more important than the quantity.

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
      Member #9
      March 24, 2001
      19831 Posts
      Offline
      Posted: March 8, 2015, 11:59 pm - IP Logged

      You're "only" getting a 17.78% hit ratio out 180 predictions meaning the obvious; the quality of hits is more important than the quantity.

      I think throwing all the hits into one big pile and calculating the prediction statistics can be misleading, anyone can be a top predictor by only predicting the games with the lowest winning percentages.  Before Todd changed the calculation formula the same thing could be accomplished by posting prediction for WV Cash5 because its 6/25 game was calculated like other 6/49 games.

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

        Avatar
        Kentucky
        United States
        Member #32652
        February 14, 2006
        7325 Posts
        Offline
        Posted: March 9, 2015, 1:54 am - IP Logged

        I think throwing all the hits into one big pile and calculating the prediction statistics can be misleading, anyone can be a top predictor by only predicting the games with the lowest winning percentages.  Before Todd changed the calculation formula the same thing could be accomplished by posting prediction for WV Cash5 because its 6/25 game was calculated like other 6/49 games.

        I added another 20 lines to my Georgia predictions for the next seven days to see if there is an effect on the hit and prize ratios.

          dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
          Oklahoma
          United States
          Member #82391
          November 12, 2009
          6290 Posts
          Offline
          Posted: March 9, 2015, 9:36 am - IP Logged

          Most states offer jackpot games with million dollars plus jackpots with odds of 1:14M or better, it just that the arrogant and greedy players fell they are entitled to win a whole lot more.  It's still dreaming to play those games but they produce more jackpot winners.

          I hear you RJOh, I wish Oklahoma had a state lotto game.

          I Love Pink & Green 1908

            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
            Oklahoma
            United States
            Member #82391
            November 12, 2009
            6290 Posts
            Offline
            Posted: March 9, 2015, 9:37 am - IP Logged

            I do like the state games.  They are smaller jackpots, but a jackpot is still a jackpot.  Hurray!

            I Agree! If Oklahoma had a state jackpot game I would be all over it no matter the jackpot size Big Grin

            I Love Pink & Green 1908

              RJOh's avatar - chipmunk
              mid-Ohio
              United States
              Member #9
              March 24, 2001
              19831 Posts
              Offline
              Posted: March 9, 2015, 8:14 pm - IP Logged

              I Agree! If Oklahoma had a state jackpot game I would be all over it no matter the jackpot size Big Grin

              If enough people felt as you did to make a state lottery in Oklahoma profitable there would probably be one.

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

                Avatar
                Kentucky
                United States
                Member #32652
                February 14, 2006
                7325 Posts
                Offline
                Posted: March 10, 2015, 12:18 am - IP Logged

                If enough people felt as you did to make a state lottery in Oklahoma profitable there would probably be one.

                Oklahoma has 5/36 pick-5 Cash 5 game with a tax free $25,000 jackpot, a free ticket for matching 2, $10 for matching 3, and $500 for matching 4 numbers. With Hot Lotto, PB, and MM, that game IMO is a perfect fit.

                  RJOh's avatar - chipmunk
                  mid-Ohio
                  United States
                  Member #9
                  March 24, 2001
                  19831 Posts
                  Offline
                  Posted: March 10, 2015, 12:43 am - IP Logged

                  Oklahoma has 5/36 pick-5 Cash 5 game with a tax free $25,000 jackpot, a free ticket for matching 2, $10 for matching 3, and $500 for matching 4 numbers. With Hot Lotto, PB, and MM, that game IMO is a perfect fit.

                  I Agree! But the grass always look better somewhere else.  I play the games available locally and don't worry about what's available somewhere else.

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