Up to $535,000,000.
I have invested $20. 10 for my personal numbers; an assortment of birthdays and ages and address' and random numbers I spotted in random places. The other 10 were for quick picks I bought a month or so ago that haven't won so I keep replaying them. I have a real good feeling regarding the upcoming draw...again.
"Henry Cow always wanted to push itself, so sometimes we would write music that we couldn't actually play – I found that very encouraging." - Lindsay Cooper, 1998
"I have nothing to do with Endless River. Phew! This is not rocket science people, get a grip." - Roger Waters, 2014
"I'm a collector. And I've always just seemed to collect personalities." - David Bowie, 1973
My mother used to say, "Lotteries are a tax on the math-illiterate."Originally Posted by Shadow
Once, in cubicle farm that I used to work in, a group of us would pool our dollars for the Powerball whenever it got into the ridiculous category. I was collecting for it once and one coworker said, "it's gambling for those who don't understand statistics." I said, "but do you want in?" "Oh hell yes, I'm not going to be the only one left if you actually did win."
I don't like country music, but I don't mean to denigrate those who do. And for the people who like country music, denigrate means 'put down.'- Bob Newhart
It should be treated as a bit of fun with discretianary loose cash. I'm in.
Ian
Host of the Post-Avant Jazzcore Happy Hour on progrock.com
https://podcasts.progrock.com/post-a...re-happy-hour/
Gordon Haskell - "You've got to keep the groove in your head and play a load of bollocks instead"
I blame Wynton, what was the question?
There are only 10 types of people in the World, those who understand binary and those that don't.
$541.9 million:
The winning numbers for Saturday were: 17-68-19-43-39 Powerball: 13
"Henry Cow always wanted to push itself, so sometimes we would write music that we couldn't actually play – I found that very encouraging." - Lindsay Cooper, 1998
"I have nothing to do with Endless River. Phew! This is not rocket science people, get a grip." - Roger Waters, 2014
"I'm a collector. And I've always just seemed to collect personalities." - David Bowie, 1973
That's exactly what they want you to think.
Your chances of winning money at a casino vary according to the game. For Blackjack, if you're an expert player who makes zero mistakes, it's about 49%. In other words the house wins the other 51% of the time, over the long span. Meaning, no matter how well you play, or how long you play, you're going to end up losing more than you win in the long run. It's a fool's gamble (ever seen a casino go bankrupt from paying out too much in winnings???)
The slot machines are for the truly stupid, with about 10% return (the house wins 90% of the time).
By contrast here are the Powerball odds:
- Grand Prize = 1 in 292,201,338.00
- Win $1,000,000 = 1 in 11,688,053.52
- Win $50,000 = 1 in 913,129.18
- Win $100 = 1 in 14,494.11
- Win $7 = 1 in 579.76
- Win $4 = 1 in 91.98
The overall odds of winning a prize, any prize in Powerball are 1 in 24.87, or 4.02%.
No winner, $650+ Million next draw; Wednesday, August 23.
"Henry Cow always wanted to push itself, so sometimes we would write music that we couldn't actually play – I found that very encouraging." - Lindsay Cooper, 1998
"I have nothing to do with Endless River. Phew! This is not rocket science people, get a grip." - Roger Waters, 2014
"I'm a collector. And I've always just seemed to collect personalities." - David Bowie, 1973
I did already know all that. It's still a bit of fun. There's lots of things I buy which are for fun and don't last very long.
Ian
Host of the Post-Avant Jazzcore Happy Hour on progrock.com
https://podcasts.progrock.com/post-a...re-happy-hour/
Gordon Haskell - "You've got to keep the groove in your head and play a load of bollocks instead"
I blame Wynton, what was the question?
There are only 10 types of people in the World, those who understand binary and those that don't.
Powerball tickets aren't something you "buy." It's a gift to the Lottery, with nothing in return.
Just sayin'.
And you would be wrong. (Imagine that.) You buy a chance. Not a good chance, but a chance. And it's $2. Two fucking dollars. If you have to worry about that much money, then yes, you shouldn't play the Powerball. For the rest of us, surf's up...
Overall I agree, but at the preshow for CTTE 2015 (which was at a casino in Miami) I played a slot machine twice and won $80 on the second game. I stopped right there!
And then there was this story about a computer programmer for the company that deal with many of the multi-state games.
He plead guilty to planting software that let him ( and family members and associates ) manipulate lottery outcomes for several years.
The company had placed him in the position of maintaining security...
https://en.wikipedia.org/wiki/Hot_Lotto_fraud_scandal
I guess the good news is the states are retiring that game and moving to a new one.
You can't win if you don't play!
"It is the mark of an educated mind to be able to entertain a thought without accepting it."
-- Aristotle
Nostalgia, you know, ain't what it used to be. Furthermore, they tells me, it never was.
“A Man Who Does Not Read Has No Appreciable Advantage Over the Man Who Cannot Read” - Mark Twain
$700,000,000
"Henry Cow always wanted to push itself, so sometimes we would write music that we couldn't actually play – I found that very encouraging." - Lindsay Cooper, 1998
"I have nothing to do with Endless River. Phew! This is not rocket science people, get a grip." - Roger Waters, 2014
"I'm a collector. And I've always just seemed to collect personalities." - David Bowie, 1973
Yeah. I want that.
You do realize that there are prizes other than the jackpot and that many people win them, right?
That's correct! Last draw had-
8 SECOND-PRIZE WINNERS OF $1,000,000.00 (TICKETS SOLD IN : CA,FL,MO,NC,NJ,PA)
2 SECOND-PRIZE WINNERS OF $2,000,000.00 (TICKETS SOLD IN : SC,TN) *Power Play winners, you have to pay an additional $1.00 per game.
And in NY alone there were 6 $50,000 winners; 39 $400, 906 $100, 1500 $28, 18,450 $16 AND over 380,000 $4-7 winning tickets.
( http://nylottery.ny.gov/wps/portal/H...ults_powerball )
"Henry Cow always wanted to push itself, so sometimes we would write music that we couldn't actually play – I found that very encouraging." - Lindsay Cooper, 1998
"I have nothing to do with Endless River. Phew! This is not rocket science people, get a grip." - Roger Waters, 2014
"I'm a collector. And I've always just seemed to collect personalities." - David Bowie, 1973
1 in 24.87.
Not saying you can't play for fun. Just saying players tend to think there's a better chance of winning than there really is.
Player's don't care about the odds. They know they have a chance. Playing gives one better odds than not playing.
"Henry Cow always wanted to push itself, so sometimes we would write music that we couldn't actually play – I found that very encouraging." - Lindsay Cooper, 1998
"I have nothing to do with Endless River. Phew! This is not rocket science people, get a grip." - Roger Waters, 2014
"I'm a collector. And I've always just seemed to collect personalities." - David Bowie, 1973
Only the ones who know nothing about it. Whenever the pot gets this big, the odds are always part of the story.
Music isn't about chops, or even about talent - it's about sound and the way that sound communicates to people. Mike Keneally
$758.7 million- 6, 7, 16, 23, 26 and Powerball 4.
Winner in Massachusetts.
Last edited by Obscured; 08-24-2017 at 01:23 AM.
"Henry Cow always wanted to push itself, so sometimes we would write music that we couldn't actually play – I found that very encouraging." - Lindsay Cooper, 1998
"I have nothing to do with Endless River. Phew! This is not rocket science people, get a grip." - Roger Waters, 2014
"I'm a collector. And I've always just seemed to collect personalities." - David Bowie, 1973
Sigh...
Music isn't about chops, or even about talent - it's about sound and the way that sound communicates to people. Mike Keneally
Statistically speaking, of course, that's not true. A one-in-292 million chance is still for all intents and purposes zero.
Here's a figure the lottery people don't like to advertise: how much of the money they take in is paid out in prizes?
To begin with, the "prize pool" is only 50% of sales -- therefore HALF OF ALL SALES is pure profit.
Regarding the other half, the prize money is allocated according to how many numbers are matched, ranging from 68.0131% for the jackpot, to 0.9981% for the 2 + 1 winners. Therefore the grand prize winner takes home a little over 34% (68% of half) of the funds taken in -- assuming someone wins. They generally don't. When they don't, the prize money is rolled over to the next drawing. Incidentally, only the actual jackpot winner draws from sales nationally. All other winners must be paid out of the 44 states individual lottery sales -- meaning some payouts can be less than advertised.
You do admit that someone won, right?
Ian
Host of the Post-Avant Jazzcore Happy Hour on progrock.com
https://podcasts.progrock.com/post-a...re-happy-hour/
Gordon Haskell - "You've got to keep the groove in your head and play a load of bollocks instead"
I blame Wynton, what was the question?
There are only 10 types of people in the World, those who understand binary and those that don't.
You're not a math major, are you? 1 in 292 million is a better chance than 0 in 292 million. Statistically speaking, of course. Ask Mavis if she thinks she had a better chance than someone who didn't buy a ticket. I bet her reaction would be priceless.Statistically speaking, of course, that's not true. A one-in-292 million chance is still for all intents and purposes zero.
And as the airplane loses its last engine and plummets from the sky, a passenger was heard to say, "damn I should have played the lottery."
"And your little sister's immaculate virginity wings away on the bony shoulders of a young horse named George who stole surreptitiously into her geography revision."
Occasional musical musings on https://darkelffile.blogspot.com/
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