Author Topic: Mega Millions jackpot hits record $476 million  (Read 8598 times)

Nails

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Re: Mega Millions jackpot hits record $476 million
« Reply #25 on: March 28, 2012, 08:13:16 AM »
Bought $5 and only hit 2 numbers on one tix.... Hope to have Better luck next time

El Diablo Blanco

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Re: Mega Millions jackpot hits record $476 million
« Reply #26 on: March 28, 2012, 08:28:16 AM »
Bought $5 and only hit 2 numbers on one tix.... Hope to have Better luck next time

hope and luck are two words in a sentence that means you will never win.

Nails

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Re: Mega Millions jackpot hits record $476 million
« Reply #27 on: March 28, 2012, 08:32:26 AM »
hope and luck are two words in a sentence that means you will never win.

LoL... I only play when GF tells me pot is large... I have thrown away maybe $35 in my lifetime on lotto

njanvi

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Re: Mega Millions jackpot hits record $476 million
« Reply #28 on: March 28, 2012, 08:32:44 AM »
that's almost as much as Jay and Kai spend on GH

El Diablo Blanco

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Re: Mega Millions jackpot hits record $476 million
« Reply #29 on: March 28, 2012, 08:44:35 AM »
that's almost as much as Jay and Kai spend on GH

Imagine having that endless supply of cash in one win.  I would walk around with a nordo pen in my pocket and just inject 1 IU an hour 24 hours a day.

liberty

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Re: Mega Millions jackpot hits record $476 million
« Reply #30 on: March 28, 2012, 08:47:37 AM »
Might even be able to fill up my gas tank if I hit     :D

Hit 4 bucks here in Boston today   

Looking on the bright side though....the stock market today is................neverm ind   ::)

The Abdominal Snoman

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Re: Mega Millions jackpot hits record $476 million
« Reply #31 on: March 29, 2012, 01:37:16 PM »
Its up to 540 million now...Might hit 600 million by Friday...


To be smart, you have to basically take the lump sum on a jackpot this big. Top tax bracket is around 39% right now. Regardless if you take lump sum or Annuity, there's no getting around the top tax bracket here. The reason you take the lump sum is because that 39% is probably the lowest its ever going to be in America. And the future could easily go to 45 to 50% or higher. There's just too much money that could be lost in taxes on an uncertain future...And that's only federal taxes. In states where the lottery is taxed, which is most, you can throw another 5 to 10% in taxes. And we all know that those taxes are never going down again.

Then its gonna cost you about another 3% yearly to have some people take control of your money...And lets not forget kidnapping insurance etc. If one person hits this Jackpot, they sky rocket up the list of people who will be fucked with. A lot of jealous mother fuckers that patrol the planet. Your life is immediately in jeopardy.  A jackpot this big sounds awesome. But for most of us, it will be one big stress filled adventure. Bring it on though :)

El Diablo Blanco

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Re: Mega Millions jackpot hits record $476 million
« Reply #32 on: March 29, 2012, 01:50:24 PM »
Its up to 540 million now...Might hit 600 million by Friday...


If the jackpot is nearing $600 that means that have sold or expect to sell at least $1billion in tickets.  With 1 in 175000000 odds that means at least 5 copies of the winning numbers have been picked so far.  Figure the winner is going to end up with $90 or so million from a split pot. The winners will cover the exact demographic the lottery targets.  The Blue collar workers in Ohio that pooled their money.  The Asian immigrant in North California.  The old man who lost his home in Washington.  The young couple in SoCal.

Soul Crusher

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Re: Mega Millions jackpot hits record $476 million
« Reply #33 on: March 29, 2012, 01:56:47 PM »
If the jackpot is nearing $600 that means that have sold or expect to sell at least $1billion in tickets.  With 1 in 175000000 odds that means at least 5 copies of the winning numbers have been picked so far.  Figure the winner is going to end up with $90 or so million from a split pot. The winners will cover the exact demographic the lottery targets.  The Blue collar workers in Ohio that pooled their money.  The Asian immigrant in North California.  The old man who lost his home in Washington.  The young couple in SoCal.

I was hoping a guido from the Bronx was going to be in that mix?   ???  ???  ???

dr.chimps

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Re: Mega Millions jackpot hits record $476 million
« Reply #34 on: March 29, 2012, 01:58:07 PM »
If the jackpot is nearing $600 that means that have sold or expect to sell at least $1billion in tickets.  With 1 in 175000000 odds that means at least 5 copies of the winning numbers have been picked so far.  Figure the winner is going to end up with $90 or so million from a split pot. The winners will cover the exact demographic the lottery targets.  The Blue collar workers in Ohio that pooled their money.  The Asian immigrant in North California.  The old man who lost his home in Washington.  The young couple in SoCal.
No. Gambler's fallacy.

illwill

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Re: Mega Millions jackpot hits record $476 million
« Reply #35 on: March 29, 2012, 02:17:53 PM »
I've never bought lottery tickets before but I bought $20 worth this time.  wth

El Diablo Blanco

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Re: Mega Millions jackpot hits record $476 million
« Reply #36 on: March 29, 2012, 02:22:24 PM »
No. Gambler's fallacy.

no it's called mathematics.

dr.chimps

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Re: Mega Millions jackpot hits record $476 million
« Reply #37 on: March 29, 2012, 02:28:20 PM »

El Diablo Blanco

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Re: Mega Millions jackpot hits record $476 million
« Reply #38 on: March 29, 2012, 02:33:39 PM »
Never taken a class in statistics, eh?

http://en.wikipedia.org/wiki/Gambler%27s_fallacy

The more tickets sold, the more the chance of the numbers being picked twice, three times etc...  Plus wikipedia wasn't around when I was in college Mr. stats major. ::)

El Diablo Blanco

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Re: Mega Millions jackpot hits record $476 million
« Reply #39 on: March 29, 2012, 02:35:18 PM »
Also, last draw they probably sold close to 1/2 billion dollars and the numbers didn't come up.  So yes, even though you'd think 2-3 people would have had them, no one did.  In the long term the odds always hold true.  You can flip a coin a hundred times and land on heads and the odds are the same again, but keep on flipping for a million times and you will probably have a 50/50 split over time.

dr.chimps

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Re: Mega Millions jackpot hits record $476 million
« Reply #40 on: March 29, 2012, 02:38:49 PM »
The more tickets sold, the more the chance of the numbers being picked twice, three times etc...  Plus wikipedia wasn't around when I was in college Mr. stats major. ::)
Ha! Unless you're older than Wes, and that's older than Moses, statistics was around when you went to college.

Mr Nobody

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Re: Mega Millions jackpot hits record $476 million
« Reply #41 on: March 29, 2012, 03:24:51 PM »
.

Mr Anabolic

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Re: Mega Millions jackpot hits record $476 million
« Reply #42 on: March 29, 2012, 03:44:20 PM »
Bought a $3 ticket today... that's all I'm willing to lose.

You have better chance of dying during the next 30 seconds that winning that lottery.  Same goes for the Powerball.

You would probably have to start a new identity if you won.

affeman

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Re: Mega Millions jackpot hits record $476 million
« Reply #43 on: March 29, 2012, 03:52:47 PM »
1/2 a billion..damn..some one is going to have great weekend.

 :D

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Re: Mega Millions jackpot hits record $476 million
« Reply #44 on: March 30, 2012, 09:03:27 AM »
Astronomical odds or not, you can't win jack shit if you don't buy a single ticket.

l

Soul Crusher

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Re: Mega Millions jackpot hits record $476 million
« Reply #45 on: March 30, 2012, 09:17:43 AM »
 :)

Nails

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Re: Mega Millions jackpot hits record $476 million
« Reply #46 on: March 30, 2012, 09:25:01 AM »
Wishin all getbiggers best of luck, all thou, i'm sure you guys dont need it, and 600 million is just a little extra coke money for the jet flight to Bora Bora with the  swedish bikini teaM

if i win.... you can see me on TMZ , with a sex tape taking and R. Kelly PISS on all 4 Kardashians

Coach is Back!

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Re: Mega Millions jackpot hits record $476 million
« Reply #47 on: March 30, 2012, 09:33:48 AM »
It just hit $640mil but I'm not telling anyone, it's my little secret...oh wait, Damn!

liberty

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Re: Mega Millions jackpot hits record $476 million
« Reply #48 on: March 30, 2012, 09:47:04 AM »
Sales here in Massachusetts are 6,000 dollars a minute  :D

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Re: Mega Millions jackpot hits record $476 million
« Reply #49 on: March 30, 2012, 09:51:27 AM »
It's amazing that here in California a portion of the sales of the lottery tickets are to go to public schools yet the PS systems are still fucked.