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View Full Version : How many play the lottery?

steveneddy
September 26th, 2008, 02:34 AM
Do you play your state's or another state's lottery?

Dr Small
September 26th, 2008, 02:36 AM
No I don't. That is like searching for a needle in a haystack. It wastes alot of time, and you most likely will never find it. In this case, it wastes alot of money, and you most likely will never win it.

steveneddy
September 26th, 2008, 02:37 AM
I do occationally, but only \$2 at a time.

Maybe once or twice a month.

lisati
September 26th, 2008, 02:39 AM
With the "choose 6 out of 40 numbers" style lotteries having a 1 in 3,838,380 chance of choosing the winning numbers by accident, I don't like the odds too much.

John164918a
September 26th, 2008, 02:45 AM
You shouldn't go into things like lotteries without doing some calculations. I know that in the UK the chances of winning the jackpot are one in 13.8 million and the chances of winning £9 (you already paid for the ticket) are 1 in 58. Theres a good student night in a pub where I live every week where I can get a pint for my £1 instead.

freebeer
September 26th, 2008, 06:56 PM
I only play it when the jackpot exceeds \$14 million. ie the EMV (Expected monetary value) > 1.

The odds of winning the jackpot are 13.8 million to one. If the EMV is greater, the risk/reward ratio is favorable.

"The lottery is a tax on people who are bad at math."

LaRoza
September 26th, 2008, 07:03 PM
"The lottery is a tax on people who are bad at math."

I was going to say that :(

bp1509
September 26th, 2008, 07:04 PM
d

ice60
September 26th, 2008, 07:34 PM
i play it once a month or so, i checked a 4 month old ticket a few days a go and i won £45 :D i got 4 numbers.

(my maths is good, i went to the one of the best schools in england and i come from a very rich family.) :P

LaRoza
September 26th, 2008, 07:37 PM
i play it once a month or so, i checked a 4 month old ticket a few days a go and i won £45 :D i got 4 numbers.

(my maths is good, i went to the one of the best schools in england and i come from a very rich family.) :P

Do you have a profit?

£45, but did you spend more total?

ice60
September 26th, 2008, 07:45 PM
Do you have a profit?

£45, but did you spend more total?

i doubt i've made a profit, not many people have, but i certainly understand the odds. i just wrote what i did to make me feel better lol.

chucky chuckaluck
September 26th, 2008, 07:48 PM
i used to play it a lot. i even tried to use a ouija board to try to get numbers (it just kept saying "kill"). most i ever won was \$100.

gjoellee
September 26th, 2008, 07:55 PM
Doh...voted "Yes", it was supposed to be "No".

I find lotteries a waste of time!

Kvark
September 26th, 2008, 08:00 PM
You shouldn't go into things like lotteries without doing some calculations. I know that in the UK the chances of winning the jackpot are one in 13.8 million and the chances of winning £9 (you already paid for the ticket) are 1 in 58. Theres a good student night in a pub where I live every week where I can get a pint for my £1 instead.
I read the law instead. In Sweden it is required by law that lotteries have an EMV between 1/3 and 1/2 since less than 1/3 is a ripoff while more than 1/2 (which isn't a ripoff?) would be a better deal than the government owned lotteries. Jackpots can temporarily raise the EMV by withholding winnings for later rounds and the law lists several situations where a lottery can be granted an exception to the rule. Even with those variations there is such a big margin between the upper limit and breaking even I don't even have to check the numbers to know every lottery is a guaranteed scam.

gn2
September 26th, 2008, 10:02 PM
Since the UK's National Lottery started I haven't bought a single ticket.

I like my dreams to be like my software, free.

god0fgod
September 26th, 2008, 10:03 PM
Why play something with the odds against you?

Corfy
September 27th, 2008, 04:07 AM
Occasionally I'll buy one state lottery ticket and one Powerball ticket. But that is rare. I haven't purchased any tickets in months, and so far, the only thing I have ever won was a free ticket.

steveneddy
September 27th, 2008, 04:29 AM
i used to play it a lot. i even tried to use a ouija board to try to get numbers (it just kept saying "kill"). most i ever won was \$100.

rotf lmao

it just kept saying "kill"

geogur
September 27th, 2008, 05:15 AM
i play it once a month or so, i checked a 4 month old ticket a few days a go and i won £45 :D i got 4 numbers.

(my maths is good, i went to the one of the best schools in england and i come from a very rich family.) :P

so what dose that mean ?

steveneddy
October 2nd, 2008, 12:04 AM
A British college student just won the lottery over there.

smoker
October 2nd, 2008, 12:37 AM
now and again i buy a lucky dip lottery on a whim, and then don't check the numbers for maybe weeks after (the lengthy contemplation that there may be a fortune in the cupboard drawer is better than the momentary disappointment when the numbers are drawn and the ticket instantly binned!)

ODF
October 2nd, 2008, 02:21 AM
Lotery is more a game and a pleasure to me than a desperate dream. We don't need it to buy a 2000\$ coffee machine but all the jokes we do about IF I win I'll do that or this is worth it.

Same thing about casino ... when I go there I'm there to spend money for having fun =) That's the way to go.

JDorfler
October 2nd, 2008, 04:07 AM
It's amazing that something that was started by the mob back in the day is now a way for a state to raise money "for education".

I gambled one time in Macau with someone else's money. I won them about a hundred US dollars off of 5 bucks, and that was the end of that. I did get all the diet Cokes I wanted for free however.

My grandmother, back in the 80s, would play the Florida Lottery scratch offs. She had a "system", but to this day I couldn't tell you what it was. She would always make money. I've never seen her lose money. Strange, I know.

tubasoldier
October 2nd, 2008, 04:16 AM
I bought one lottery ticket on my 18th birthday.
I scratched it and lost my dollar. Well, I didn't really lose my dollar. I knew where it was but it no longer belonged to me. And on top of that I had a worthless piece of paper.

That was the only time I dabbled in the lottery. I've never had a desire to touch it since.

afeasfaerw23231233
October 3rd, 2008, 02:22 PM
i never play lottery but i remembered one time my relative forced me to buy one as there was something called "festival special bonus Mark Six"(get six out of 49 numbers). the first prize was 40m HKD (5 million USD). i picked 1,2,3,4,5,6 and he said no one would choose this stupid combination unless he's a fool. i told him each combination of 49_C_6 has an equal opportunity of to win but he didn't believe it. wasting my 5 bucks (around 0.65 USD)

My grandmother, back in the 80s, would play the Florida Lottery scratch offs. She had a "system", but to this day I couldn't tell you what it was. She would always make money. I've never seen her lose money. Strange, I know.
wow! how was that?

zipperback
October 3rd, 2008, 02:50 PM
Do you play your state's or another state's lottery?

In the State of Oregon, where I live, 100% of profits from the proceeds of all lottery sales are distributed back to the public in the following manner:

64% Funding of Public education programs.
20% Economic development.
1% Treatment services for people with gambling problems.
7.5% State Parks
7.5% Watershed enhancements

Yes. I play it sometimes. Even if I don't get a winning ticket, I still win in another way, because I am an Oregon resident and the profits are used to improve Oregon.

- zipperback
:popcorn:

billgoldberg
October 3rd, 2008, 02:52 PM
Do you play your state's or another state's lottery?

I play Euromillions whenever they go over €50 million.

I still remember that British or Irish lady that won 138 million euro a few years back.

I laughed my *** off when she went public with the news, dumbest move ever.

October 3rd, 2008, 03:27 PM
The lottery is a tax on those who can't do the math. ;)
So, no.

Canis familiaris
October 3rd, 2008, 03:36 PM
No Thank you very much. No lottery for me even it is meant for a good cause. I would rather donate directly to an Animal Society or an Open Source Project. :)

gn2
October 5th, 2008, 03:49 PM
In the State of Oregon, where I live, 100% of profits from the proceeds of all lottery sales are distributed back to the public in the following manner:

64% Funding of Public education programs.
20% Economic development.
1% Treatment services for people with gambling problems.
7.5% State Parks
7.5% Watershed enhancements

Sounds good, but what percentage of the total ticket sales is "profit" and how much goes to the organisation that runs the lottery....?