Mega Millions $640 Million

Serious Business Backup 380 replies 6,613 views
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 9:17am
sjmvsfscs08;1130534 wrote:Anyone who says the lottery is useless is an uptight fool. Who doesn't have a dollar of spare income to have some fun with? Just the trick my brain plays and the resulting smile that happens from imagining what I'd do (and who I'd do, for that matter) is well worth $1.
That "trick" your brain plays is ignorance.
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 9:18am
OSH;1130540 wrote:I'd rather spend a $1 on this lottery than a $1 at McDonald's.
I'd rather put it in the bank and still have a dollar earning more dollars than waste it on a game that you won't win.
LJ's avatar
LJ
Posts: 16,351
Mar 29, 2012 9:23am
gorocks99;1130301 wrote:Odds of winning with one ticket: 1 in 175,711,536 (0.000000569115%)
Odds of winning with two unique tickets: 1 in 87,855,768 (0.000001138229%)
Odds of winning with three unique tickets: 1 in 58,570,512 (0.000001707344%)
Odds of winning with one thousand unique tickets: 1 in 175,712 (0.000569113%)
Odds of winning with 0 tickets: INVALID

Well, looks like I will be buying some tickets.
gorocks99's avatar
gorocks99
Posts: 10,760
Mar 29, 2012 9:24am
Put it this way ... you have a 100% greater chance of winning if you buy two tickets instead of one ((0.000001138229%-0.000000569115%)/0.000000569115% = 1).

You have an infinitely greater chance of winning if you buy one ticket instead of zero ((
0.000000569115%-0)/0 = error).

Edit: LJ beat me to it.
power i's avatar
power i
Posts: 1,296
Mar 29, 2012 9:45am
My husband and I already got into an arguement about what we'd do with the money.
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 9:48am
gorocks99;1130732 wrote:Put it this way ... you have a 100% greater chance of winning if you buy two tickets instead of one ((0.000001138229%-0.000000569115%)/0.000000569115% = 1).

You have an infinitely greater chance of winning if you buy one ticket instead of zero ((
0.000000569115%-0)/0 = error).

Edit: LJ beat me to it.
Actually you have a zero percent chance of winning anything and a 100% chance of losing at least $1.
LJ's avatar
LJ
Posts: 16,351
Mar 29, 2012 9:50am
I remember when a group of people from Westerville won the Powerball years ago. They interviewed one woman who had won and asked her what she was going to do with the money. She said "I'm gonna buy me a Harley and some new boobs!"
justincredible's avatar
justincredible
Posts: 32,056
Mar 29, 2012 9:50am
sleeper;1130748 wrote:Actually you have a zero percent chance of winning anything and a 100% chance of losing at least $1.
Wrong. Learn to math.
gorocks99's avatar
gorocks99
Posts: 10,760
Mar 29, 2012 9:52am
sleeper;1130748 wrote:Actually you have a zero percent chance of winning anything and a 100% chance of losing at least $1.
You have a 0.000000569115% chance of winning the jackpot, and a 99.999943085% chance of not winning the jackpot, mathematically. Realistically, you have a 0% chance of winning and a 100% chance of not winning.

Obligatory:
[video=youtube;KX5jNnDMfxA][/video]
F
Fred Flintstone
Posts: 366
Mar 29, 2012 10:31am
gorocks99;1130756 wrote:You have a 0.000000569115% chance of winning the jackpot, and a 99.999943085% chance of not winning the jackpot, mathematically. Realistically, you have a 0% chance of winning and a 100% chance of not winning.
Silly rounding
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 10:38am
gorocks99;1130756 wrote:You have a 0.000000569115% chance of winning the jackpot, and a 99.999943085% chance of not winning the jackpot, mathematically. Realistically, you have a 0% chance of winning and a 100% chance of not winning.
I don't live on technicalities. .000000000000000000000000000034% is 0% in the real world.
justincredible's avatar
justincredible
Posts: 32,056
Mar 29, 2012 10:40am
sleeper;1130789 wrote:I don't live on technicalities. .000000000000000000000000000034% is 0% in the real world.
But what is 0.000000569115%?
LJ's avatar
LJ
Posts: 16,351
Mar 29, 2012 10:41am
justincredible;1130793 wrote:But what is 0.000000569115%?
Answer:

>0
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 10:41am
justincredible;1130793 wrote:But what is 0.000000569115%?
0%
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 10:45am
The fact is, I'll be a dollar richer than most of you come friday by simply placing it in my bank account.

The poor get poorer, the rich get richer, one lotto at a time.
OneBuckeye's avatar
OneBuckeye
Posts: 5,888
Mar 29, 2012 10:46am
sleeper;1130796 wrote:0%
Tell that to people who have died in a plane crash, been struck by lightning etc...
justincredible's avatar
justincredible
Posts: 32,056
Mar 29, 2012 10:46am
Oh boy a dollar!
justincredible's avatar
justincredible
Posts: 32,056
Mar 29, 2012 10:46am
OneBuckeye;1130802 wrote:Tell that to people who have died in a plane crash, been struck by lightning etc...
Boom. Roasted.

Also, the people who are filthy rich from winning the lottery.
Q
queencitybuckeye
Posts: 7,117
Mar 29, 2012 10:54am
OneBuckeye;1130802 wrote:Tell that to people who have died in a plane crash
Did, got no response.
M
MontyBrunswick
Mar 29, 2012 10:55am
But what if my dollar hits the Mega ball? I'd win $3 to your $1

Flawed logic
justincredible's avatar
justincredible
Posts: 32,056
Mar 29, 2012 11:00am
queencitybuckeye;1130813 wrote:Did, got no response.
Too soon.
OneBuckeye's avatar
OneBuckeye
Posts: 5,888
Mar 29, 2012 11:02am
queencitybuckeye;1130813 wrote:Did, got no response.
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 11:16am
OneBuckeye;1130802 wrote:Tell that to people who have died in a plane crash, been struck by lightning etc...
You have a better chance of getting struck by lightning, in a plane, then crashing into the Artic where you will obtain clogged arteries from a diet of Seal blubber; and die from heart disease.
sleeper's avatar
sleeper
Posts: 27,879
Mar 29, 2012 11:17am
justincredible;1130805 wrote:Boom. Roasted.

Also, the people who are filthy rich from winning the lottery.
http://www.smartmoney.com/invest/stocks/why-lottery-winners-go-bankrupt-1301002181742/

You are more likely to go bankrupt winning the lottery than you are filthy rich.
S
sjmvsfscs08
Posts: 2,963
Mar 29, 2012 11:18am
dlazz;1130814 wrote:But what if my dollar hits the Mega ball? I'd win $3 to your $1

Flawed logic
This.