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    All Forums | General Discussion

    700 Million power ball...would you risk....

    12 Next Last»
    BigGame90
    mainman11111
    nature1970
    Madden
    SportsFan9698
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    Views: 2623
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    12 Next Last»
     
    BigGame90
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    Posted: Jan. 7, 2016 - 8:50 PM ET #1

    Lets say you have 100 Million cash in your bank account.

    Would you call the Lotto officials and say you want to buy every number combination possible. If my numbers are right with a 1 in 292.2 million of getting the right number combination it would take 584.4 million to buy every combination. I would also assume that a portion of that goes into the pot climbing the total well over 1B.

    The big question...(if you had that money of course)... Would you take the chance on buying every number combination...


    If you say yes...would you try to pick 1 number that wouldn't hit and skip every ticket that included that number.... how far would you go with leaving numbers off so you decrease the amount spent.....


    Reply
    To remove first post, remove entire topic.
    Lets say you have 100 Million cash in your bank account.

    Would you call the Lotto officials and say you want to buy every number combination possible. If my numbers are right with a 1 in 292.2 million of getting the right number combination it would take 584.4 million to buy every combination. I would also assume that a portion of that goes into the pot climbing the total well over 1B.

    The big question...(if you had that money of course)... Would you take the chance on buying every number combination...


    If you say yes...would you try to pick 1 number that wouldn't hit and skip every ticket that included that number.... how far would you go with leaving numbers off so you decrease the amount spent.....


     
    mainman11111
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    Posted: Jan. 7, 2016 - 8:54 PM ET #2

    chinese thieves do this all the time. one guy won... but became susps. when they found him buying so many scratchers! lol (china of course)

    he stole a lot of money... and got caught.


    another group of chinese thieves lost it all...


    powerball is powerball... no one gunna win... shaq once spent 1000$... came up winning a few bucks lol.
    Reply
    chinese thieves do this all the time. one guy won... but became susps. when they found him buying so many scratchers! lol (china of course)

    he stole a lot of money... and got caught.


    another group of chinese thieves lost it all...


    powerball is powerball... no one gunna win... shaq once spent 1000$... came up winning a few bucks lol.
     
    BigGame90
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    Posted: Jan. 7, 2016 - 8:57 PM ET #3

    Correction- I meant you have 1B not 100 million



    Reply
    Correction- I meant you have 1B not 100 million



     
    mainman11111
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    Posted: Jan. 7, 2016 - 9:00 PM ET #4

    take 20 years to fill out all the combinations. not worth it. brah


    so that would be like 5 years of ur life... to fill up 100 million bux worth
    Reply
    take 20 years to fill out all the combinations. not worth it. brah


    so that would be like 5 years of ur life... to fill up 100 million bux worth
     
    BigGame90
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    Posted: Jan. 7, 2016 - 9:00 PM ET #5

    I hit 2 numbers on one ticket this drawing... don't think I've ever hit more than 2 on a ticket.

    I hope to see this missed and goto 1B.

    Pretty funny---- https://www.youtube.com/watch?v=GPHZWZxXhuI 
    Reply
    I hit 2 numbers on one ticket this drawing... don't think I've ever hit more than 2 on a ticket.

    I hope to see this missed and goto 1B.

    Pretty funny---- https://www.youtube.com/watch?v=GPHZWZxXhuI 
     
    BigGame90
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    Posted: Jan. 7, 2016 - 9:02 PM ET #6

    Main- Lotto officials said you can make the deal as they have a computer program that buys everything in no time- escrow the money and you're guaranteed to win. 
    Reply
    Main- Lotto officials said you can make the deal as they have a computer program that buys everything in no time- escrow the money and you're guaranteed to win. 
     
    nature1970
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    Posted: Jan. 7, 2016 - 9:51 PM ET #7

    the math doesn't add up
    69 balls then 68 then 67 then 66 then 65 then 26
    so 69 *68*67*66*65*26 = over than 30, billion possible combinations.
    it just statsitistics its worth a 2.00 bet but every number spread is a losing proposition.

    Reply
    the math doesn't add up
    69 balls then 68 then 67 then 66 then 65 then 26
    so 69 *68*67*66*65*26 = over than 30, billion possible combinations.
    it just statsitistics its worth a 2.00 bet but every number spread is a losing proposition.

     
    mainman11111
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    Posted: Jan. 7, 2016 - 10:28 PM ET #8

    GOGGLE LOTTO SCANDAL.
    Reply
    GOGGLE LOTTO SCANDAL.
     
    BigGame90
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    Posted: Jan. 7, 2016 - 10:30 PM ET #9

    So if it's over 30 billion in getting the one right combination....should the odds of hitting be 1 in over 30 billion? Not 292.2 million like the lotto claims? 
    Reply
    So if it's over 30 billion in getting the one right combination....should the odds of hitting be 1 in over 30 billion? Not 292.2 million like the lotto claims? 
     
    nature1970
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    Posted: Jan. 7, 2016 - 11:20 PM ET #10

    Quote Originally Posted by BigGame90:

    So if it's over 30 billion in getting the one right combination....should the odds of hitting be 1 in over 30 billion? Not 292.2 million like the lotto claims? 
    yes .
    math is math
    69 numbers then 68 numbers then 67 numbers then 66 numbers then 65 numbers with 26 power ball numbers will cover the spread of 12345 1 to 65 66 67 68 69 26
    the math states 69 times 68 times 67 times 66 times 65 times 26
    = over 30 billion to 1 the lottery is hit due to when 30 billion tickets are sold through out the nation over a period 5-10 drawings the probability becomes 1 to 1 its gaming theory but chris fergusen probably explain it a lot better.
    at one time it was 212 million but their were a lot less numbers. the commission just needs to update its website.
    Reply
    Quote Originally Posted by BigGame90:

    So if it's over 30 billion in getting the one right combination....should the odds of hitting be 1 in over 30 billion? Not 292.2 million like the lotto claims? 
    yes .
    math is math
    69 numbers then 68 numbers then 67 numbers then 66 numbers then 65 numbers with 26 power ball numbers will cover the spread of 12345 1 to 65 66 67 68 69 26
    the math states 69 times 68 times 67 times 66 times 65 times 26
    = over 30 billion to 1 the lottery is hit due to when 30 billion tickets are sold through out the nation over a period 5-10 drawings the probability becomes 1 to 1 its gaming theory but chris fergusen probably explain it a lot better.
    at one time it was 212 million but their were a lot less numbers. the commission just needs to update its website.
     
    Madden
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    Posted: Jan. 7, 2016 - 11:33 PM ET #11

    If you have a billion dollars why bother taking this risk?

    Also, factor in the amount taxes will take away...
    Reply
    If you have a billion dollars why bother taking this risk?

    Also, factor in the amount taxes will take away...
     
    SportsFan9698
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    Posted: Jan. 7, 2016 - 11:39 PM ET #12

    Nobody with that kind of cash is that stupid

    If you won, and you were the only winner you would take home about 250MM after taxes.  And if you have to share it with another winner much less.  Dumbest waste of cash - guaranteed
    Reply
    Nobody with that kind of cash is that stupid

    If you won, and you were the only winner you would take home about 250MM after taxes.  And if you have to share it with another winner much less.  Dumbest waste of cash - guaranteed
     
    BigGame90
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    Posted: Jan. 7, 2016 - 11:50 PM ET #13

    Nature...Do you think that 1 to 292.2 million is misleading (it's on their website)... Why don't they say its 1 in 30billion?  
    Reply
    Nature...Do you think that 1 to 292.2 million is misleading (it's on their website)... Why don't they say its 1 in 30billion?  
     
    nature1970
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    Posted: Jan. 8, 2016 - 12:01 AM ET #14

    Quote Originally Posted by BigGame90:

    Nature...Do you think that 1 to 292.2 million is misleading (it's on their website)... Why don't they say its 1 in 30billion?  

    yes if that is what the site states it should be updated

     but its the way it is the way it fkn is .

    it is assumed that ppl realize that the chances of winning are slim

    however this is a valid point
    where on earth is there any chance to invest 2.00 last time I bought one it was a buck but inflation I guess
    that one could return nearly 1 billion in less than three days.
    in this scheme someone has a chance of making 2.00 investment into a nearly 1 billion return.

    Reply
    Quote Originally Posted by BigGame90:

    Nature...Do you think that 1 to 292.2 million is misleading (it's on their website)... Why don't they say its 1 in 30billion?  

    yes if that is what the site states it should be updated

     but its the way it is the way it fkn is .

    it is assumed that ppl realize that the chances of winning are slim

    however this is a valid point
    where on earth is there any chance to invest 2.00 last time I bought one it was a buck but inflation I guess
    that one could return nearly 1 billion in less than three days.
    in this scheme someone has a chance of making 2.00 investment into a nearly 1 billion return.

     
    nature1970
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    Posted: Jan. 8, 2016 - 12:10 AM ET #15

    the math is 67 to the fifth power *26 I use fuzzy math so little over 1 in 30 billion.
    the same math states a little over 2 million possible combinations in ncaa 64 team tourney .

    it says their are 69 numbers to determine the first then 68 numbers to determine the second then 67 remaining numbers to determine the third then 66 remaining numbers to dermine the fourth finally 65 remaining numbers give you the fifth 69+68+67+66+65 = 67 then raised to the fifth power gives a little over a billion then times 26 gives a little over 30 billion better calculators could give an exact number but where 5 billion humans forms I just round it to 30 billion with billion a significant didgit it just fuzzy math.
    Reply
    the math is 67 to the fifth power *26 I use fuzzy math so little over 1 in 30 billion.
    the same math states a little over 2 million possible combinations in ncaa 64 team tourney .

    it says their are 69 numbers to determine the first then 68 numbers to determine the second then 67 remaining numbers to determine the third then 66 remaining numbers to dermine the fourth finally 65 remaining numbers give you the fifth 69+68+67+66+65 = 67 then raised to the fifth power gives a little over a billion then times 26 gives a little over 30 billion better calculators could give an exact number but where 5 billion humans forms I just round it to 30 billion with billion a significant didgit it just fuzzy math.
     
    nature1970
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    Posted: Jan. 8, 2016 - 12:18 AM ET #16

    the formula( (a+e)/5 to the fifth power) gives you the white combination five ball then times the possible red ball gives this fuzzy answer the exact answer is 35,064,160,560 to 1 I feel like c3po calculating a asteroid belt now thank you.



    Reply
    the formula( (a+e)/5 to the fifth power) gives you the white combination five ball then times the possible red ball gives this fuzzy answer the exact answer is 35,064,160,560 to 1 I feel like c3po calculating a asteroid belt now thank you.



     
    nature1970
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    Posted: Jan. 8, 2016 - 12:57 AM ET #17

    okay I stand corrected the first number can be 1 but it cant be over 65 like wise second number can be 2 but not over 66 ect.so the number is 65 times 64 times 63 times 62 times 61 times 26 powerball numbers the exact combinations are 27,917,287,424

    around 28 billion to one.
    Reply
    okay I stand corrected the first number can be 1 but it cant be over 65 like wise second number can be 2 but not over 66 ect.so the number is 65 times 64 times 63 times 62 times 61 times 26 powerball numbers the exact combinations are 27,917,287,424

    around 28 billion to one.
     
    RexR
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    Posted: Jan. 8, 2016 - 8:37 AM ET #18

    Why risk the money on an unsure bet?


    For that kind of coin, just rig the system in your favor like this guy did. Just don't get caught! 

    https://www.engadget.com/2015/12/19/lotto-hack/ 


    Reply
    Why risk the money on an unsure bet?


    For that kind of coin, just rig the system in your favor like this guy did. Just don't get caught! 

    https://www.engadget.com/2015/12/19/lotto-hack/ 


     
    SportsFan9698
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    Posted: Jan. 8, 2016 - 10:32 AM ET #19

    Quote Originally Posted by RexR:

    Why risk the money on an unsure bet?


    For that kind of coin, just rig the system in your favor like this guy did. Just don't get caught! 

    https://www.engadget.com/2015/12/19/lotto-hack/ 




    .


    This story makes no sense to me.  Lottery tickets are sold before the drawing.  Sales are stopped well before the drawing.  How could any software tap any computer to know the winning numbers before the drawing takes place?   
    Reply
    Quote Originally Posted by RexR:

    Why risk the money on an unsure bet?


    For that kind of coin, just rig the system in your favor like this guy did. Just don't get caught! 

    https://www.engadget.com/2015/12/19/lotto-hack/ 




    .


    This story makes no sense to me.  Lottery tickets are sold before the drawing.  Sales are stopped well before the drawing.  How could any software tap any computer to know the winning numbers before the drawing takes place?   
     
    nature1970
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    Posted: Jan. 8, 2016 - 11:48 AM ET #20

    Quote Originally Posted by SportsFan9698:

    .


    This story makes no sense to me.  Lottery tickets are sold before the drawing.  Sales are stopped well before the drawing.  How could any software tap any computer to know the winning numbers before the drawing takes place?   
    really? . I believe if Scientific America encryption is tough but nothing is fool proof.
    can it be done yes
    will it be done undetected no.
    the steps taken to insure that part of the process integrity makes langley jealous.
    Reply
    Quote Originally Posted by SportsFan9698:

    .


    This story makes no sense to me.  Lottery tickets are sold before the drawing.  Sales are stopped well before the drawing.  How could any software tap any computer to know the winning numbers before the drawing takes place?   
    really? . I believe if Scientific America encryption is tough but nothing is fool proof.
    can it be done yes
    will it be done undetected no.
    the steps taken to insure that part of the process integrity makes langley jealous.
     
    nature1970
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    Posted: Jan. 8, 2016 - 11:59 AM ET #21

    Quote Originally Posted by BigGame90:

    Nature...Do you think that 1 to 292.2 million is misleading (it's on their website)... Why don't they say its 1 in 30billion?  
    the only way to get to 292.2 million is to handicap the numbers to 33  number spread. and the 26 number red ball.
    first number 1-33 second number 2 to 34 third number 13 to 46 fouth number 36-69 fifth number 36-69 and every powerball number
    but you are taking a huge risk doing so.
    Reply
    Quote Originally Posted by BigGame90:

    Nature...Do you think that 1 to 292.2 million is misleading (it's on their website)... Why don't they say its 1 in 30billion?  
    the only way to get to 292.2 million is to handicap the numbers to 33  number spread. and the 26 number red ball.
    first number 1-33 second number 2 to 34 third number 13 to 46 fouth number 36-69 fifth number 36-69 and every powerball number
    but you are taking a huge risk doing so.
     
    SwishSwish1234
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    Posted: Jan. 8, 2016 - 11:59 AM ET #22

    If you had 100 million you wouldn't be betting the power ball, You'd be in a limo somewhere getting a rim job from two Filipino hotties.
    Reply
    If you had 100 million you wouldn't be betting the power ball, You'd be in a limo somewhere getting a rim job from two Filipino hotties.
     
    BigGame90
    BigGame90
    Captain
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    Joined: Oct, 2006
    Posts: 5069
    Posted: Jan. 8, 2016 - 2:53 PM ET #23

    If the odds are over 30 billion to 1 to pick the right set of numbers....do you think the Lotto should change their odds of 1 in 292.2 million?   Is the deceitful to the public on the true odds?
    Reply
    If the odds are over 30 billion to 1 to pick the right set of numbers....do you think the Lotto should change their odds of 1 in 292.2 million?   Is the deceitful to the public on the true odds?
     
    beldar123
    beldar123
    Rookie
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    Joined: Aug, 2009
    Posts: 662
    Posted: Jan. 8, 2016 - 3:02 PM ET #24

    Some persons who enjoy statistics (they do really exist) will come up with odds of 1 in 17 billion for the jackpot prize. Remember that you don't need to match the numbers in exact order - we use combinations to determine the probabilities for the first five white balls and not permutations.
    Reply
    Some persons who enjoy statistics (they do really exist) will come up with odds of 1 in 17 billion for the jackpot prize. Remember that you don't need to match the numbers in exact order - we use combinations to determine the probabilities for the first five white balls and not permutations.
     
     
    chilitokid
    chilitokid
    All-Star
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    Joined: Feb, 2007
    Posts: 10399
    Posted: Jan. 8, 2016 - 3:31 PM ET #25

    Quote Originally Posted by SwishSwish1234:

    If you had 100 million you wouldn't be betting the power ball, You'd be in a limo somewhere getting a rim job from two Filipino hotties.

    Do you think someone with that kind of dough plus blackjack or poker?
    Reply
    Quote Originally Posted by SwishSwish1234:

    If you had 100 million you wouldn't be betting the power ball, You'd be in a limo somewhere getting a rim job from two Filipino hotties.

    Do you think someone with that kind of dough plus blackjack or poker?
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