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Ahh, thanks for the clarification.
"One man's wage rise is another man's price increase." - Harold Wilson
"Fireproof doesn't mean the fire will never come. It means when the fire comes that you will be able to withstand it." - Michael Simmons
"You can easily judge the character of a man by how he treats those who can do nothing for him." - James D. Miles
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Which is why sometimes there are no winners and the jackpot grows higher.
They lowered the odds of winning by adding an extra number, which is why we have seen some really high jackpots in recent years. They probably figured they get 10x the sales that way.
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Nish Nishant wrote: They lowered the odds of winning by adding an extra number AND by increasing the range of the individual numbers.
While this greatly reduced the chances of winning the overall pot, it increased the chances of winning something. See How Powerball manipulated the odds to create a $1.5 billion jackpot - The Washington Post[^]
Decrease the belief in God, and you increase the numbers of those who wish to play at being God by being “society’s supervisors,” who deny the existence of divine standards, but are very serious about imposing their own standards on society.-Neal A. Maxwell
You must accept 1 of 2 basic premises: Either we are alone in the universe or we are not alone. Either way, the implications are staggering!-Wernher von Braun
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Nish Nishant wrote: which is why we have seen some really high jackpots in recent years.
They just changed the format last year... it's only been about six months with the new odds.
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Also, though it is advertised as US$1.5 billion, you must take annuity payments over 30 years to receive this. But if you select a one-time lump sum, you get $930 million.
Ah don't lean on me man, cause you can't afford the ticket
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And then you have to pay 40% tax on the winnings, so you'd actually only get $558 million.
Hardly seems worth winning in that case.
"These people looked deep within my soul and assigned me a number based on the order in which I joined."
- Homer
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Yeah, jeez, what a waste of 2 bucks!
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Numbers are not unique. You can auto-gen those or pick your own.
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If there are more than one winning ticket, the jackpot is divided amongst the winners.
It was broke, so I fixed it.
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They also pay for matching just some of the numbers. From $2 USD to $1M USD (I believe it is 2 it might be 1 for matching the powerball only)
Mongo: Mongo only pawn... in game of life.
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Statistically there are only some 290 million odd different number sets possible. If tens, or hundreds, of millions of players buy 10 - 20 tickets each, there are for sure going to be multiple identical number sets. It's unavoidable!
How do we preserve the wisdom men will need,
when their violent passions are spent?
- The Lost Horizon
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Cornelius Henning wrote: there are for sure going to be multiple identical number sets
Imagine winning it and then finding out that some lunatic also won but he bought a 100 identical numbers. So you'll only get 1/101th of the winnings!
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Cuz winning a tenth of a billion would be horrible!
Jeremy Falcon
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Tenth of a tenth rather. But the jackpot is normally not this high. It's usually between 30-150 million. So you go from thinking you won that sorta money and then end up finding you actually won 1/100th of that. can't be a good feeling. Factor in 39% fed tax and what you do you have?
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9 mil I could live with.
Jeremy Falcon
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You're greedy! I could live on one million! But then, I never ask for much.
How do we preserve the wisdom men will need,
when their violent passions are spent?
- The Lost Horizon
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Hey, if you take 1 and I take 8 I could live with that... because I care.
Jeremy Falcon
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Your are much too kind!
How do we preserve the wisdom men will need,
when their violent passions are spent?
- The Lost Horizon
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Nish Nishant wrote: some lunatic also won but he bought a 100 identical numbers
Lunatic?! You mean...Genius!!
I always buy multiple winning tickets with the same winning numbers, just in case someone else happens to buy my winning numbers.
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Given the odds of winning the jackpot at all, it would be silly to buy the same numbers (i.e. you don't help your already bad odds by getting the same numbers).
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I was trying to be funny.
But, I can see I failed again.
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With all that lottery craze going around, it's hard to tell who's joking!
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Kenya see who's winning? Iran up to Czech and two guys were Russian to the Finnish line – I think it’s gonna be a Thai!
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
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Last time I Czech't I was Hungary
New version: WinHeist Version Tequila, the nigh time, snuffly, sneezing, how the hell did I end up on the bathroom floor medicine.
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Have some Turkey...
Anything that is unrelated to elephants is irrelephant Anonymous
- The problem with quotes on the internet is that you can never tell if they're genuine Winston Churchill, 1944
- I'd just like a chance to prove that money can't make me happy. Me, all the time
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