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Mega Millions/Powerball/Idiot Tax

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ScriptOhio

ScriptOhio

Everybody is somebody else's weirdo.
Mega Millions was not hit Friday and will be worth a record $350M if someone win this Tuesday, 6 Mar 07 @ 11:00 PM EST. Are you buying a ticket?

Mega Millions Hits Record $340 Million
ATLANTA ? The jackpot in the multi-state Mega Millions lottery drawing grew to $340 million Friday.
None of the tickets sold for Friday's $275 million drawing matched all five lotto numbers and the Mega Ball. The next drawing will be Tuesday.

Entire article: http://www.foxnews.com/story/0,2933,256318,00.html

Mega Millions is in the following states:
California, Geargia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Texas, Virginia, and Washington.

http://www.megamillions.com/

The odds of winning the big prize is only 1 in 175,711,536.
 
tedginn05;770722; said:
I played it Tuesday, didn't buy a ticket for Friday. I'll probably buy a few tickets this week.

It made me think, if I win this, how much this will change my life.
Click to expand...

True, your odds of surviving another ten years will decrease significantly.
 
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BuckeyeMike80;770736; said:
Hell yes I'm playing :biggrin:

I go about it this way - when the payoff has more numbers than the odds, it's worth it.

Then again I've never won it so what does that say :)
Click to expand...

This basically is true since the expected return is greater than the cost. If you bought one ticket for every combination it would cost $175,711,536 dollars. If you had the only winning ticket you would make $174,288,464.
icon_money.gif
 
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ScriptOhio;770770; said:
This basically is true since the expected return is greater than the cost. If you bought one ticket for every combination it would cost $175,711,536 dollars. If you had the only winning ticket you would make $174,288,464.
icon_money.gif
Click to expand...

Yep...

I'm going to try to win it with $20 though :biggrin:
 
Upvote 0
ScriptOhio;770770; said:
This basically is true since the expected return is greater than the cost. If you bought one ticket for every combination it would cost $175,711,536 dollars. If you had the only winning ticket you would make $174,288,464.
icon_money.gif
Click to expand...

How long it take you to figure that one out?
 
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IIRC, I think the states made it illegal to buy every combination when an group from Australia did it a few years ago.

Anyway, Im playing too. If I win, the biggest decision I will now make at work is should I use the sand or the pitching wedge....
 
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NewYorkBuck;770792; said:
IIRC, I think the states made it illegal to buy every combination when an group from Australia did it a few years ago.

Anyway, Im playing too. If I win, the biggest decision I will now make at work is should I use the sand or the pitching wedge....
Click to expand...

Hell, you'd have enough practice time to master the Tom Pelz four wedge system, which of course would make your club selection tougher, if you were still willing to bother with stuff like practice. Of course, I'm sure 1960s-vintage MacCallan would add strokes to your scores . . .
 
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