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Lotto Max:: $95 Millions in total!! (pg. 6)
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| Dior Homme |
| quote: | Originally posted by VDub
At the club last night, a buddy tells me he won the Lotto Max...
I question since no one won the jackpot and he says that he won 7 G's and shows me the ticket with the winning amount on it...
FML...
Good for him though... |
thats amazing, id be happy with that. take what you can i guess... |
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| DigiNut |
| quote: | Originally posted by Pett
what?
the odds of winning the jackpot never change |
Lotto Max is 7 numbers. Normal Lotto 6-49 is 6 numbers (duh). Can you see how the odds of picking 7 correct numbers are much lower than picking 6?
| quote: | | with these carryover draws the total prizes awarded out is higher than sales for that week so its actually a good roi |
I assume that by "good" you actually mean "better", since the expectation value is less than 1/100th of a penny. As ChemEnhanced pointed out, the vastly-increased number of people buying tickets pretty much nullifies the effect of any carryover draws; everybody else is in the same position as you and the effect is cumulative. Unless you win the jackpot (for which the odds are truly pathetic), you're liable to find that your $1 million winning ticket is worth a lot less than $1 million. |
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| VDub |
| quote: | Originally posted by DigiNut
Lotto Max is 7 numbers. Normal Lotto 6-49 is 6 numbers (duh). Can you see how the odds of picking 7 correct numbers are much lower than picking 6?
I assume that by "good" you actually mean "better", since the expectation value is less than 1/100th of a penny. As ChemEnhanced pointed out, the vastly-increased number of people buying tickets pretty much nullifies the effect of any carryover draws; everybody else is in the same position as you and the effect is cumulative. Unless you win the jackpot (for which the odds are truly pathetic), you're liable to find that your $1 million winning ticket is worth a lot less than $1 million. |
Yah but so what???
If my million dollar ticket netted me $50 grand, I'd be jizzing in my pants... |
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| Jayx1 |
| quote: | Originally posted by VDub
At the club last night, a buddy tells me he won the Lotto Max...
I question since no one won the jackpot and he says that he won 7 G's and shows me the ticket with the winning amount on it...
FML...
Good for him though... |
drinks on him then? If i won that kind of money i wouldnt be bragging about it unless i was going to be at least buying a round in celebration! |
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| DigiNut |
| quote: | Originally posted by VDub
If my million dollar ticket netted me $50 grand, I'd be jizzing in my pants... |
If you say so. Point is, it's worse odds for a lower payout. You'd be better off playing the Lotto 6-49 on any regular week. (Even then it's still one of the worst ways to gamble) |
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| rabbitjoker |
| quote: | Originally posted by DigiNut
(Even then it's still one of the worst ways to gamble) |
True. Better to save up your year's worth of lotto tickets and go play one red/black bet on the roulette. |
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| jester |
| quote: | Originally posted by rabbitjoker
True. Better to save up your year's worth of lotto tickets and go play one red/black bet on the roulette. |
or just stick to the stock market lol |
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| Pett |
| quote: | Originally posted by rabbitjoker
True. Better to save up your year's worth of lotto tickets and go play one pass line bet and bet full odds (craps). |
fixed ;) |
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| jester |
| Everyone that wins this... should go all in and buy Mykonos seeing its for sale by the Greek Government |
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| magikb |
I got another ticket for tonight.. I'm just gonna be a dreamer :p
I played the same random numbers the machine spit out last week again this week... wishful thinking that that will make the difference! |
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| jester |
I knew I forgot to buy something when I went to the grocery store just now...
Guess I should go back soon :eyespop: |
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