Author Topic: So Who's Buying A Mega Millions Ticket?  (Read 15738 times)

Offline Chaikel

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #15 on: March 28, 2012, 01:15:01 PM »
$16MM becomes less than $5MM in a lump sum after taxes.  Which is awesome, bot not enough to buy a private island ;)
#ProblemsOfRichPeople

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #16 on: March 28, 2012, 01:18:11 PM »
The odds of hitting the numbers are exactly the same whether the jackpot is $10MM or $500MM.
"hey, you never know".  edit: @Dan haha... I knew that when I initially posted, was wondering if someone will get it. Seems to be the ppl here are not so stupid!...

However the more people that buy the bigger the chance that 2 tickets will have the same number, and then the prize is split

I think the last time the lotto was this near big it was won by 2 people

Offline Dan

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #17 on: March 28, 2012, 01:20:59 PM »
However the more people that buy the bigger the chance that 2 tickets will have the same number, and then the prize is split

I think the last time the lotto was this near big it was won by 2 people
Fair enough, but $500MM would have to be split a lot of times to get down to $16MM.
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Offline meshugener

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #18 on: March 28, 2012, 01:22:28 PM »
Thats something I'm really not concerned at all: sharing the same number with someone else + winning the lottery. Very low chance...
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Offline PlatinumGuy

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #19 on: March 28, 2012, 01:22:39 PM »
I don't do it because of haskafa issues. Not hishtadlus according to my LOR.
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Offline HelpMe

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #20 on: March 28, 2012, 01:23:02 PM »
However the more people that buy the bigger the chance that 2 tickets will have the same number, and then the prize is split

I think the last time the lotto was this near big it was won by 2 people
Pick the higher numbers (>31) then you have a better chance of winning by yourself.
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Offline good sam

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If you don't care why would you comment?
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Offline myb821

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #22 on: March 28, 2012, 01:25:22 PM »
Pick the higher numbers (>31) then you have a better chance of winning by yourself.
how so

Offline Dan

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #23 on: March 28, 2012, 01:26:22 PM »
how so
Because more people pick lower numbers presumably even though the odds of every number are the same.
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Offline myb821

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #24 on: March 28, 2012, 01:27:42 PM »
Because more people pick lower numbers presumably even though the odds of every number are the same.
but what makes you think that

Offline HelpMe

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #25 on: March 28, 2012, 01:29:28 PM »
Because more people pick lower numbers presumably even though the odds of every number are the same.
Most people who pick their own numbers also throw a lot of birthdays in there.
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Offline Shmelly

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #26 on: March 28, 2012, 01:30:20 PM »
I don't do it because of haskafa issues. Not hishtadlus according to my LOR.
R Reuven Feinstein did a Q&A in my yeshiva several years ago. The question of lottery tickets came up. He said you are mechuyav to buy 1 ticket for a drawing, but it is ossur to buy 2. (Forgot what his psak was about scratch offs.)
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Offline myb821

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #27 on: March 28, 2012, 01:30:48 PM »
Most people who pick their own numbers also throw a lot of birthdays in there.
ah got it im lazy i just take quick picks

Offline Dan

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #28 on: March 28, 2012, 01:31:24 PM »
No, the probability of the same numbers go down as every ball is picked...
Huh?
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Offline good sam

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Re: So Who's Buying A Mega Millions Ticket?
« Reply #29 on: March 28, 2012, 01:31:53 PM »
Most people who pick their own numbers also throw a lot of birthdays in there.
Interesting theory.  So you should also pick lower than, say 40, to account for the year.
If you don't care why would you comment?
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