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Powerball jackpot is a quarter billion $$$!
Posted: 2003-07-09 04:13pm
by Drewcifer
I stopped to get gas today, and Powerball frenzy has taken over. People are acting crazy, buying $100 worth of tickets. I had to buy one ticket; it's worth $1 to me for a chance, even a astronomically slim one, at $250 million dollars. But people are spending insane amounts on tickets. I read in the paper today that some lady here bought $900 worth of tickets! The couple behind me at the gas station couldn't believe I was only buying one ticket, and they plopped down $65 for tickets. I smiled as I left, knowing that every single ticket they bought has the exact same chance of winning as my single ticket: one in 120 million (you literally have a better chance of being struck by lightening or a meteorite than winning Powerball).
It's like the old coin toss thing. No matter how many times you flip the coin, the chances are
always 50/50. Even if you flip heads 1,000 times in a row, the chance for tails on the 1,001 flip is still 50/50.
Anyhow, if I win the jackpot, everyone here gets a Lego ISD. I'll even hand 'em out personally at the big sd.net party I'll throw
![Mr. Green :mrgreen:](./images/smilies/icon_mrgreen.gif)
Re: Powerball jackpot is a quarter billion $$$!
Posted: 2003-07-09 04:21pm
by YT300000
Drewcifer wrote:I stopped to get gas today, and Powerball frenzy has taken over. People are acting crazy, buying $100 worth of tickets. I had to buy one ticket; it's worth $1 to me for a chance, even a astronomically slim one, at $250 million dollars. But people are spending insane amounts on tickets. I read in the paper today that some lady here bought $900 worth of tickets! The couple behind me at the gas station couldn't believe I was only buying one ticket, and they plopped down $65 for tickets. I smiled as I left, knowing that every single ticket they bought has the exact same chance of winning as my single ticket: one in 120 million (you literally have a better chance of being struck by lightening or a meteorite than winning Powerball).
It's like the old coin toss thing. No matter how many times you flip the coin, the chances are
always 50/50. Even if you flip heads 1,000 times in a row, the chance for tails on the 1,001 flip is still 50/50.
Anyhow, if I win the jackpot, everyone here gets a Lego ISD. I'll even hand 'em out personally at the big sd.net party I'll throw
![Mr. Green :mrgreen:](./images/smilies/icon_mrgreen.gif)
$250 000 000
Make sure the ISD's are to scale (37 metres long).
![Very Happy :D](./images/smilies/icon_biggrin.gif)
Posted: 2003-07-09 04:21pm
by Zoink
I keep telling my mother to give me her lotto money, and that I'll pay her the jackpot if she wins. She hasn't gone for it yet.
![Confused :?](./images/smilies/icon_confused.gif)
Posted: 2003-07-09 04:23pm
by Darth Garden Gnome
I remember when the Big Game was up to $600,000,000. Now that was a frenzy; people were lined up from the counter all the way out of the store doors to get tickets. My dad got one. Needless to say we didn't win; in fact, I'm not sure who did.
Re: Powerball jackpot is a quarter billion $$$!
Posted: 2003-07-09 04:25pm
by fgalkin
Drewcifer wrote:I stopped to get gas today, and Powerball frenzy has taken over. People are acting crazy, buying $100 worth of tickets. I had to buy one ticket; it's worth $1 to me for a chance, even a astronomically slim one, at $250 million dollars. But people are spending insane amounts on tickets. I read in the paper today that some lady here bought $900 worth of tickets! The couple behind me at the gas station couldn't believe I was only buying one ticket, and they plopped down $65 for tickets. I smiled as I left, knowing that every single ticket they bought has the exact same chance of winning as my single ticket: one in 120 million (you literally have a better chance of being struck by lightening or a meteorite than winning Powerball).
It's like the old coin toss thing. No matter how many times you flip the coin, the chances are
always 50/50. Even if you flip heads 1,000 times in a row, the chance for tails on the 1,001 flip is still 50/50.
Anyhow, if I win the jackpot, everyone here gets a Lego ISD. I'll even hand 'em out personally at the big sd.net party I'll throw
![Mr. Green :mrgreen:](./images/smilies/icon_mrgreen.gif)
Nah, buy me a BMW Z4 instead.
Have a very nice day.
-fgalkin
Posted: 2003-07-09 04:25pm
by Sea Skimmer
Not like this is a record or anything, Powerball nearly reached 400 million once as I recall.
Posted: 2003-07-09 04:26pm
by thecreech
I always buy one ticket when it gets really high. I'm not going to spend hundreds of dollars not to win.
Posted: 2003-07-09 04:33pm
by Faram
I really want one of thoe Lego ISD so I do hope you win!
Btw can you buy a plane ticket for me also?
![Wink ;)](./images/smilies/icon_wink.gif)
Posted: 2003-07-09 04:35pm
by Drewcifer
Sea Skimmer wrote:Not like this is a record or anything, Powerball nearly reached 400 million once as I recall.
Yeah, right now, it's only the 4th largest jackpot for Powerball. It's just funny how people go completely apeshit buying tickets. I guess I can't blame folks too much though, it's fun to think about winning [Dr.Evil]one quarter billlllion dollars[/Dr.Evil]...
Posted: 2003-07-09 04:56pm
by XaLEv
"I've got so many numbers I can't lose!"
"D'oh!"
Posted: 2003-07-09 05:03pm
by Beowulf
Just fork over a couple hundred thousand, and I'll be happy.
I wouldn't mind a RX-8 though...
Posted: 2003-07-09 05:11pm
by Sea Skimmer
Beowulf wrote:Just fork over a couple hundred thousand, and I'll be happy.
I wouldn't mind a RX-8 though...
I'd be happy with a new computer.
See I'm not as greedy as Beowulf so now reward me with 100,000.
Posted: 2003-07-09 05:54pm
by Howedar
Beowulf wrote:Just fork over a couple hundred thousand, and I'll be happy.
I wouldn't mind a RX-8 though...
Hell yeah!
Posted: 2003-07-09 06:33pm
by YT300000
Drewcifer wrote:Sea Skimmer wrote:Not like this is a record or anything, Powerball nearly reached 400 million once as I recall.
Yeah, right now, it's only the 4th largest jackpot for Powerball. It's just funny how people go completely apeshit buying tickets. I guess I can't blame folks too much though, it's fun to think about winning [Dr.Evil]one quarter billlllion dollars[/Dr.Evil]...
[Dr. Evil]Oops, sorry, I did it again. I meant <dramatic camera zoom in> one quarter trillion dollars.[/Dr. Evil]
Posted: 2003-07-09 06:51pm
by SpacedTeddyBear
I wouldn't mind a RX-8 though...
An RX-8?!?!? Too hell with that. If I won a quarter million dollars, I'm getting myself a Porche Carrera GT.
Posted: 2003-07-09 07:14pm
by Raptor 597
Can I lead your paramilitary organization too overthrow the government? I will need enough money for a half dozen gold AK-74s I hope you don't mind me running with the money. My Dad bought a Powerball hehe good luck to me.
Posted: 2003-07-09 09:07pm
by LadyTevar
Sir Nitram and I did pretty well ... over the past 2 weeks we've spent $6 on tickets for the various drawings, and won $7.
Considering the odds on winning *anything* in a lottery and coming out ahead, that's pretty good.
Now the big question, folks.. Cash Option, or Paychecks over years? (Cash Option is curretnly $141mil.)
Posted: 2003-07-10 12:36am
by Drewcifer
Well, big surpise, I didn't win, so no new computers or fancy cars or Lego ISD's for anyone, at least on my tab
As far as cash or annuity? I go back and forth all the time, but I'd probably take the money and run.
Posted: 2003-07-10 01:01am
by RedImperator
You know, if the jackpot gets big enough, it would be a worthwhile investment just to buy one ticket for every possible combination of numbers and hope you don't have to split your winnings with anyone else.
Posted: 2003-07-10 01:04am
by HemlockGrey
Or you could just bribe whoever runs the scam.
Posted: 2003-07-10 11:06am
by Admiral Valdemar
The National Lottery in the UK can be as much as £20M every week, yet the odds are at the very least 14 million to 1.
I also remember a story where the lottery in Texas, I believe, said they'd add an extra ball to the draw and people thought it'd improve their chances.
Posted: 2003-07-10 11:30am
by Gandalf
If it's $1 a ticket, and the odds are 250 mil to one, and the prize is 250 mil. Could I theoretically borrow 250 million, buy all the tickets, win it all, and pay it back to the bank?
Posted: 2003-07-10 12:58pm
by phongn
The odds are 120e6:1, so in theory you could purchase all those tickets and come out ahead. Now, actually sorting those tickets for the right one is a wholly different matter.
Posted: 2003-07-10 01:10pm
by kojikun
you have to consider taxes. if you buy enough tockets to guarantee a win, the taxes are going to cost most then the tickets and youll have lot money. then theres that fact that other people will likely win as well, so you have to divide the winnings up, then remove the taxes, then you're left with a few tens of millions.
its better to just buy 1 ticket.
Posted: 2003-07-10 01:17pm
by Kelly Antilles
I live in a state where there are so many damn Southern Baptist that they won't allow a lottery even when nearly everyone in the entire state crosses the line into EVERY BLOODY STATE that borders us to buy tickets. Look at the revenue this state is LOOSING because they're religious zealots.