Long Shot Hot Deal: BIG GAME LOTTERY for MASS, MD, VIRG, GA, MICH, ILL, NJ $325 Mill~HooHa! 4/16

[azdevil]

THE ESTIMATED BIG GAME JACKPOT IS $325 Million

Big Game Lottery Page

If you live in one of these states or can take a ride or if you have a friend/relative, get some tickets.

 

[JeffCutter]

Not a hot deal.

Lottery = special tax on those who didn't study in math class.

 

[tojunk]

<< THE ESTIMATED BIG GAME JACKPOT IS
$325 Million ($174.4 Million Preliminary Cash Option)

Mass Lotto Page

If you live in Mass or can take a ride or if you have a friend/relative, get some tickets.


EDIT
Oh wait, don't get tickets, I want to win! lol
azdevil >>




put me down for two pounds of that stuff. it's hot.

 

[azdevil]

then you take out taxes and get like a million dollars.....it would make me happy

 

[Pothead]

BTW, the big game involves several states not just MA

 

[jebbo]

<< Not a hot deal.

Lottery = special tax on those who didn't study in math class. >>



maybe so, but mathematics can not explain luck. You never know

 

[azdevil]

Amen,
someones gotta win, if its someone old and well off, I hope its my grandma!

Hey maybe someone from AT will win because I reminded them to buy a ticket, and they will give some to me.
LOL.

 

[bobbysworld]

worst deal ever
what are the odds, like 1 in 77 million

 

[azdevil]

Weren't those the odds for winning that AMD XP giveaway a while back.

 

[CStrikeADDICT]

<< Amen,
someones gotta win, if its someone old and well off, I hope its my grandma! >>



someone's gotta win? the only reason it got this high in the first place is b/c noone's been winning it!

1/76,000,000...

c'mon... when's the last time you've been in the top 1.3 *10^ -8 percentile in anything?

and telling people not to play doesn't increase your odds either. you just split it if, in the rare event that 2/76000000 tickets have the same numbers and those #'s get picked.

you're likelier to reach the nba and dunk on shaq in high heels...

 

[phlashphire]

eh.... as the saying goes "the lottery is a self-imposed tax on people who are bad at math."

 

[azdevil]

Dang,
Tough room,
I'm sure you all would buy a bottle of watter for a $1,
the lottery can't be much more of a waste as that.

Where does the money go?

"On average 35% of all Big Game Lottery ticket sales are dedicated to the beneficiary (Govt. programs) of each Big Game state. Approximately 50% of every dollar wagered goes back to the players in the form of prizes, approximately 5% goes to retailers who sell tickets. The remainder is used for administrative costs. Please note that each Big Game state is different. For specific information regarding "Where the Money Goes" for each Big Game state please click to our links page for choices to connect with the individual states."

 

[Healeydays]

Say what you will, but I blew $2 on a couple of tries, and if I win, I will make an entry in here that will blow the best deal ever offered away...

 

[SpideyCU]

It's a tough crowd because it's - no offense - not a "deal". I might as well tell everyone to head down to Atlantic City for the "hot deals" there. Gambling is gambling - the lottery simply isn't as flashy when you're putting your money down.

 

[uwannawhat]

<< Dang,
Tough room,
I'm sure you all would buy a bottle of watter for a $1, the lottery can't be much more of a waste as that. >>



When my wife & I went on a cruise to Jamaica there was a dude selling bottled water for $2.50 a pop!

When we came back to our cruise ship after a day on the island we got there early enough to see him filling up the bottles from a hose @ the dock. :Q

Same deal on the lottery. Your getting hosed.

 

[rickforrest]

The lottery is a tax on stupidity. The dumber you are, the more you play.

Your chances of winning are, essentially zero. You will not win. Somebody will win, eventually. But it won't be you.

zero times infinity = one


zero - your chances of winning
infinity - the number of players


spend that $1 on a bottle of water, or heck, a 20 minute phone call (hee hee). At least you'll get something for
your money.

 

[Branded]

For you math experts out there, the odds are even when the prize is at 210 million. That means your take equals your odds of winning.

That does not take into account the fact that other people could choose the same number as you. I guess that depends on how many people play.

This is a very slight good deal at 325 million. Look on it as entertainment. For the poor it is a savings account.

 

[Scyber]

<< The lottery is a tax on stupidity. The dumber you are, the more you play.

Your chances of winning are, essentially zero. You will not win. Somebody will win, eventually. But it won't be you.
>>



Well you can't exactly say that to the people that win, now can you. Yes the odds are long, but the reward is great too. Heck someone is bound to win eventually and that person(s) will have made a good bet. Personally, I don't know what you think, but I play about $4 a week on the lottery. A $1 big game ticket and a $3 win for life scratch off. Never won more than a few bucks on the big game, but have won over a $1000 on the win for life tickets.

-scyber

 

[BigEdMuustaffa]

I think the statistics show that you have better odds of getting struck by lightening twice than you do of winning the big game.

 

[astrochimp]

WHO CARES what the Odds are... People always Have and always WILL win these lotteries.
The ONLY way not to win..is to Not play. I bet somebody/bodies win tomorrow. Tell them afterwards that it was mathematically Stupid to even try.

 

[MyBuds]

Branded is on track with what he said. Sometimes it is smart to play the lotto. A "rational decision" is one that follows expected utility theory. The expected utility is the average amount you would win per entry in the game, when played an infinite amount of times. When the lotto reaches a certain amount, the expected utility exceeds the amount you need to play the game. At this point, it is actually a statistically smart move to play the lotto.

The reason the lotto is successfull is because most people do not know about expected utility. Most people violate one of the main principles of rational decision making, invariance. They are fooled into making a decision by how the information is presented, rather than the actual expected outcome. People like seeing big numbers, even if the odds are small as opposed to smaller payoffs with better odds and a better expected outcome. This gets into psychology, not just statistics, but let?s not get into that.

 

[oktane]

You people ragging on this deal are stupid or ill-informed. Either that or you never heard of a concept in probability called "expectation."

Obviously, chances are no one from AT will win. Nevertheless, with the jackpot in excess of $325M, paying $1 is a "good deal."

-oktane

 

[MrHans]

I'm gonna spend a fiver on the lotto.
My gf and I will get a kick out of it and maybe I'll get lucky...with the gf more likely

 

[tazmania99]

<< worst deal ever
what are the odds, like 1 in 77 million >>


Not really. This is the hottest deal ever! Just a dollar for a dream!

 

[AbsolutPower]

<< The lottery is a tax on stupidity. The dumber you are, the more you play.

Your chances of winning are, essentially zero. You will not win. Somebody will win, eventually. But it won't be you.

zero times infinity = one


zero - your chances of winning
infinity - the number of players


spend that $1 on a bottle of water, or heck, a 20 minute phone call (hee hee). At least you'll get something for
your money. >>



Sure, mathematically based on the expected monetery returns, lotteries are not good "investments" unless the jackpot is huge. But I don't think most people play the lottery for investment purposes. It's a form of entertainment. When you buy the lottery ticket, you are really paying to allow yourself to dream about the what ifs. If you don't play, you have 0 chance. When you do play, it's very close to 0, but it's not 0. So there is always the chance, however small. The dreams that are associated with that chance is worth the small price of a lotto ticket for many people.