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There are two types of Fantasy Football Owners: Sharks and Chum, which are you?
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PostPosted: Wed 03.28.2012, 11:39 
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11:50 am – Mega Millions Jackpot Raised to $500 Million. The Friday Mega Millions jackpot has already been raised to $500 million, with a cash value of $359.4 million.




I have never bought a ticket but i may reconsider

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PostPosted: Wed 03.28.2012, 11:54 
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it is always funny to me when people say "oh its 500 million now, i should buy a ticket" as if 500 million is really all that negligible from 50 million to a person making <100k a year. like, pshh 50 million, thats not enough for the type of aspirations i have. i'll only spend a buck on a ticket when the jackpot is like 10 times that much.

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PostPosted: Wed 03.28.2012, 12:01 
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HurricaneNamedDitka wrote:
it is always funny to me when people say "oh its 500 million now, i should buy a ticket" as if 500 million is really all that negligible from 50 million to a person making <100k a year. like, pshh 50 million, thats not enough for the type of aspirations i have. i'll only spend a buck on a ticket when the jackpot is like 10 times that much.



=west virginia logic


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PostPosted: Wed 03.28.2012, 12:07 
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I'll buy a ticket


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PostPosted: Wed 03.28.2012, 12:44 
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I play a set of numbers in the TX Lottery...it's nowhere near 500 million, but I'm totally cool with winning more than A million.

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PostPosted: Wed 03.28.2012, 13:11 
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I play powerball 2x every week. I know I am not going to win, but its worth the $4 to pretend what I would do if I did win.

my office always has a pool every time the jackpot is over $200 million

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PostPosted: Wed 03.28.2012, 13:34 
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HurricaneNamedDitka wrote:
it is always funny to me when people say "oh its 500 million now, i should buy a ticket" as if 500 million is really all that negligible from 50 million to a person making <100k a year. like, pshh 50 million, thats not enough for the type of aspirations i have. i'll only spend a buck on a ticket when the jackpot is like 10 times that much.


I usually go this route and only buy when the jackpot is high (Though we have been buying a little more often of late since we can buy them at the bowling alley). The reason, I only spend a dollar here and there and not a dollar a couple times a week (So over the course of the year, I spend like $15 on lottery and not $102, which pays for a few rounds of golf). Sure I could live nicely if I won the tiny jackpot, but the odds are astronomical, so I might as well save the money. Though playing when the jackpot is huge is worth the gamble and only has me buy lottery tickets on occasion. It is fun to fantasize about what we will do if we win.

My horseshoe league did this every week for 32 weeks. So we played $16 a week for 32 weeks (So we spent $512 and we won a grand total of $12 for the entire period). Just helped prove to me how impossible it is, so why keep feeding money into it twice a week (In Ohio we have Powerball and Mega Millions and many people play both and with Powerball now $2, you are in for $6 a week just to play 1 chance, which will run you $312 a year. But many people play more than 1 shot per game and spend thousands of dollars a year for many years with a greater chance of being struck by lightning while being eaten by a shark.

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PostPosted: Wed 03.28.2012, 13:46 
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what you just proved is that regardless of the pot being a google dollars vs 1000 dollars, spending ANY money on it is idiotic.

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PostPosted: Wed 03.28.2012, 14:11 
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HurricaneNamedDitka wrote:
what you just proved is that regardless of the pot being a google dollars vs 1000 dollars, spending ANY money on it is idiotic.


unless you win


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PostPosted: Wed 03.28.2012, 14:19 
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what are those chances again?

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PostPosted: Wed 03.28.2012, 14:45 
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HurricaneNamedDitka wrote:
what are those chances again?

a million times better than your chances of winning.

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PostPosted: Wed 03.28.2012, 15:00 
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Your chances are 0 if you dont play. I send 1/3 of my check to the government so they send everybody a check every month so it isnt going to kill me to spend a couple more dollars on trying to win. Goes to a better cause than taxes do imo.

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PostPosted: Wed 03.28.2012, 15:24 
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HurricaneNamedDitka wrote:
what are those chances again?



very slim, but greater than zero. it is a simple case of low risk/high reward.


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PostPosted: Wed 03.28.2012, 17:35 
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HurricaneNamedDitka wrote:
what you just proved is that regardless of the pot being a google dollars vs 1000 dollars, spending ANY money on it is idiotic.



They say...The lottery is a tax on the poor.
Actually....I think it is a tax on the stupid. Then again, those go hand in hand at times.

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PostPosted: Wed 03.28.2012, 18:19 
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I'm in for $5. And the clerk at diamond shamrock gets a mil if I hit.


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