Lottery Side Bet

[fhhuber]

Who won?

Not me... Just checked the last number on the ticket.

 

[aspeck]

No winners - speculating it will be $1.3 BILLION Wednesday ...

 

[MTboatguy]

Well we won $16.00

 

[GA_Boater]

Well we won $16.00

Your rate of return was 1.6 billion % better than me, MT. Didn't win a cent! :blue:

I think we need a new set of "lucky" numbers. LOL

 

[WIMUSKY]

Well we won $16.00

Don't forget to claim it on your taxes......

Did you cash out now, or spread it over 20 years??? :lol:

 

[boatman37]

could anyone of us possibly use $900m? seriously, i doubt there would be much change in my life between $20m and $900m. doubt i could spend 10% of that in my life. obviously a new (used) boat....lol. a couple new vehicles, pay off the kids debts and give each one some rainy day money and donate some to a charity. definitely donate to the humane society as we do every year. the rest would sit and collect interest most likely

anyway, count me in again if we do the 5 man winner deal. we had about $75 worth of tickets, including ones the wife went in on at work and i think total won was about $4. my son had about $8 in tickets and didn't have a single number on any of them

 

[GA_Boater]

It's 29 years plus the first payment or 30 checks now for Powerball.. Let's see $1.3B/30 is only $43M per year. How will I make ends meet? Guess I'll have to buy an economy car! LOL

 

[WIMUSKY]

could anyone of us possibly use $900m? seriously, i doubt there would be much change in my life between $20m and $900m. doubt i could spend 10% of that in my life.

A lot more money for charities...

 

[gm280]

Seems like it is now well over $1 Billion dollars ($1.3 Billion last I heard). I don't think there is anybody playing that can even fathom that much money. I know if your name would be released, you would have to go underground to live out the rest of your life. There would be no place you could go and not have folks trying to get to you to either ask you for money or rob you. I am not going to buy any tickets knowing my chances are as good as 100 of millions of others. ZERO! Statistical Probabilities prove that your changes of winning are less then your chances of getting hit by lightening in a snow storm in Florida in the middle of summer.

 

[WIMUSKY]

I am not going to buy any tickets knowing my chances are as good as 100 of millions of others. ZERO! Statistical Probabilities prove that your changes of winning are less then your chances of getting hit by lightening in a snow storm in Florida in the middle of summer.

:laugh:..... But, "somebody(s)" got to win...

 

[gm280]

:laugh:..... But, "somebody(s)" got to win...

WIMUSKY, you are certainly correct. but thus far nobody has. But you are correct. somebody will but obviously the overwhelming majority won't. But don't take my opinion as anything but just that. I am certainly not complaining about others playing. That is a personal issue and I am okay with that as well. I honestly hope you and everybody else that are on these forms do win. But don't stop coming on here if you do. :thumb:

 

[GA_Boater]

GM - Won't you be mad when that bolt of lightning during the Miami thunder snowstorm fries your TV during the Powerball number draw and you had the first 5 waiting for the powerball? BTW - 5 numbers without the powerball pays 1 or 2 million bucks! Yeah, I'll pass on that chump change.

 

[64osby]

I've often wondered if you could have a blind trust claim the ticket. Then you could hire a few trustworthy people to act as a shield and take care of business.

 

[WIMUSKY]

WIMUSKY, you are certainly correct. but thus far nobody has. But you are correct. somebody will but obviously the overwhelming majority won't. But don't take my opinion as anything but just that. I am certainly not complaining about others playing. That is a personal issue and I am okay with that as well. I honestly hope you and everybody else that are on these forms do win. But don't stop coming on here if you do. :thumb:

I haven't bought a ticket either........ I have enough stress....

 

[gm280]

I have to ask because while I was in a pool when I was still working with other co-workers, we use to purchase tickets with everybody chipping in. But we never won anything. But really isn't a mere $1 million dollar jack pot actually more advantageous to winning then something like this $1 Billion jackpot? I mean when it is merely a million there are not so many players, so your odds are greater then with a 1 billion jack pot. Or do I have that incorrect? :noidea:

 

[WIMUSKY]

I have to ask because while I was in a pool when I was still working with other co-workers, we use to purchase tickets with everybody chipping in. But we never won anything. But really isn't a mere $1 million dollar jack pot actually more advantageous to winning then something like this $1 Billion jackpot? I mean when it is merely a million there are not so many players, so your odds are greater then with a 1 billion jack pot. Or do I have that incorrect? :noidea:

That's been my thoughts all along. Play at the beginning of a new game. Ones chances should increase immensely......

 

[GA_Boater]

I've often wondered if you could have a blind trust claim the ticket. Then you could hire a few trustworthy people to act as a shield and take care of business.

That's where the lawyers come into the picture. A ticket holder claims winnings, not a ticket buyer. The holder can be the law firm of Dewey, Cheatum and Howe representing a trust.

The number of players does not affect the odds. Either you pick or quick the numbers or you don't. If only one person plays or 300 million peeps play, the odds don't change. The number of players only affects the possibility of having a split jackpot.

 

[64osby]

That's where the lawyers come into the picture. A ticket holder claims winnings, not a ticket buyer. The holder can be the law firm of Dewey, Cheatum and Howe representing a trust.

Just hope DC&H don't run off with the winning ticket. :lol:

 

[jbcurt00]

Not really, because the odds of any single combination of numbers being a winning # doesnt change.

Since multiple tix can have the same combination of numbers, a winning SHARE might be smaller then the total, but the odds of winning are still the same.

In fact, having the pot be so large drives the total even higher everytime someone doesnt win because people that dont play, do. Those that play will buy more tix because the total is getting so high.

 

[GA_Boater]

Often players have a jackpot threshold and only play when it's exceeded. And the jackpot skyrockets when they start to play, as we've seen in the last couple of drawings. I would turn down the minimum $40 Million jackpot. What a paltry sum! Not worth spending 2 bucks on.