The jackpot for this Saturday is (OR WAS) standing at 675 million.....
I bought a ticket but I really wonder IF ANYONE REALLY EVER WINS!!!
They say they do BUT THAT DOESNT MEAN SQUAT!! (And the actors on TV saying they won DONT MEAN ANYTHING unless you can personally prove it)
I bought a ticket but I really wonder IF ANYONE REALLY EVER WINS!!!
They say they do BUT THAT DOESNT MEAN SQUAT!! (And the actors on TV saying they won DONT MEAN ANYTHING unless you can personally prove it)
The jackpot currently stands at 800 million, if taken in installment payments. About half a billion in a lump sum.
There was a documented winner in West Virginia about five years ago that won about 50 million, taken in a lump sum. The winner was an ex county sheriff and councilman. The governor personally thanked him on live TV for the 3 million dollar "donation to the state" (state income tax on that amount is 6%).
There was a documented winner in West Virginia about five years ago that won about 50 million, taken in a lump sum. The winner was an ex county sheriff and councilman. The governor personally thanked him on live TV for the 3 million dollar "donation to the state" (state income tax on that amount is 6%).
Lotteries are a voluntary tax for people who don't understand the basics of probability and statistics.
Or simply enjoy something ridiculous? I think $350 million is the break-even point on opportunity cost?
A bit higher, I think, because each entry now costs $2, rather than $1. And then, of course, you have the problem of possible multiple winning players splitting the pot. But, as Captain Obvious said, it's a long shot in which your odds of winning are only infinitesimally higher if you buy a ticket than if you don't.
I'm one of those self-loathing rich guys, however, so I can happily pay the additional tax ... and have fun dreaming of those Danley speakers I'll buy.
Well i tell you one thing. If i win the $800 million, i am going right over to Farm and Fleet and buy four new tires, radial!
This is the highest Powerball jackpot ever. Willing that would definitely change your life, probably not for the better. Unless you could find a crafty way to collect while remaining anonymous, you would have your face on every TV set in the country, and therefore be thrust into the public spotlight. Everyone that ever knew you would be looking for some $$$$.
It has been reported that the divorce rate among lottery winners is 3 to 4 times the national average. As many as half of all lottery winners declare bankruptcy within 5 years.
I used to say that lotteries are a tax on people who are bad at math.
I read that the odds of being struck by lightning are higher than winning the lottery, but we lived in Florida, so that was obvious.
I said that the odds of being hit by a train were higher than winning, and we lived 10 miles from the closest tracks!
Despite all of the above, my wife bought not one, but two tickets......to improve her chances of winning. Twice zero is still zero.
How about the old joke. A poor man prays to god to win the lottery. A week latter the man prays to god again and asks why he did not win. The clouds open up and a voice comes down, you didn't buy a ticket. Haha
With that said i did buy one ticket for Wednesday, and i managed to get one regular number but that does not even get you $1 on a $2 ticket. So i had my fun and i am moving on.
With that said i did buy one ticket for Wednesday, and i managed to get one regular number but that does not even get you $1 on a $2 ticket. So i had my fun and i am moving on.
Wouldn't that be pretty hard, as the national divorce rate is almost 50%
For NBA and NFL players almost 80%
Folks almost guaranteed to have their marriages end in divorce: pole dancers, roofers, telephone operators and professional golfers.
Folks who almost always make it: engineers and podiatrists.
Edit -- single women who win big lotteries rarely marry!
Last edited:
I have never gambled money.
I guess its because I know from the maths I have learned that I have little chance of winning.
There is only one winner in gambling and that's the bookie.
There aren't many poor bookies around.
I guess its because I know from the maths I have learned that I have little chance of winning.
There is only one winner in gambling and that's the bookie.
There aren't many poor bookies around.
Buying one ticket gets you on the beach. Buying a second is like picking a second grain of sand.
What's strange is with these huge numbers typically no one wins, and suddenly there's 2-3x winners with the same number.
What's strange is with these huge numbers typically no one wins, and suddenly there's 2-3x winners with the same number.
When the numbers get this big there is lottery fever. Years ago there was a huge one and people were using there life savings to buy tickets.
According to this web site, no statistical difference in divorce rate for lottery winners.
Money Can't Buy Me Love | Big Think
According to this web site there is a 65% increase in divorce rate.
18 lottery winners – the surprising truth about the Lotto
Money Can't Buy Me Love | Big Think
According to this web site there is a 65% increase in divorce rate.
18 lottery winners – the surprising truth about the Lotto
Recommend to you Angus Deaton's (A Scot, recent Nobel laureate) book "The Great Escape"...not going to make any snarky comments about risk taking or the fear thereof.
I heard that from a "Probability" point of view, that if you buy 10 Powerball tickets every week, you'll probably win the jackpot at least once every forty-thousand years.
- Status
- Not open for further replies.