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#41
09-13-2005, 11:03 PM
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Re: The lottery is +EV
i didn't win....what a [censored] sham
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#42
09-14-2005, 12:07 AM
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Re: The lottery is +EV
</font><blockquote><font class="small">En réponse à:</font><hr />
Whats that movie where a bunch of friends win the lottery chipping in weekly? It ends with one friend killing all the other friends gruesomely so they can keep all the money. [img]/images/graemlins/grin.gif[/img] [/ QUOTE ] Sounds like Reindeer Games, except that wasn't about lottery money.
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#43
09-14-2005, 02:52 AM
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Re: The lottery is +EV
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] yet another retard uses +EV in a -EV fashion.... [/ QUOTE ] huh? [/ QUOTE ] Why do you guys even pay attention to this guy. He's a 20+ year old gamer with a Dawson's Creek avatar. What can he post that is going to be worth reading anyway. If I wasn't such a nice guy he'd already be on ignore. [/ QUOTE ] yeah, i was going to respond and say how wrong he was, but then i realized i would probably just be wasting my time. bummer. rj [/ QUOTE ] my response was meant to be ironic. i use the dawson avatar because it's memorable and i think it's funny. i could be cool and use a face shot of myself or some cartoon guy slamming his face into the keyboard, but this one is funny to me.
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#45
09-14-2005, 09:59 AM
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Re: The lottery is +EV
[ QUOTE ]
anybody know anybody personally that's won a big lottery score? i plan on doing it soon, just gotta find somebody to mentor me when i'm retarded rich.... [/ QUOTE ] About ten years ago a guy in my bowling league went in with a few guys from his work. They bought a shjtload of tickets and one of them hit. IIRC they took the annuity option for $8k per month.
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#46
09-14-2005, 11:18 AM
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Results, sort of
No winner, everyone is still working. For now. The next draw is on Friday, and the jackpot is now $250 MM. We will have one fewer member in our consortium for the next go round, so I can expect to have like ~$11 MM after I win and pay taxes and all. What should I plan on buying? Is MC Hammer's old mansion in Fremont CA still for sale?
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#47
09-14-2005, 11:22 AM
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Re: The lottery is +EV
[ QUOTE ]
[ QUOTE ] anybody know anybody personally that's won a big lottery score? i plan on doing it soon, just gotta find somebody to mentor me when i'm retarded rich.... [/ QUOTE ] About ten years ago a guy in my bowling league went in with a few guys from his work. They bought a shjtload of tickets and one of them hit. IIRC they took the annuity option for $8k per month. [/ QUOTE ] Anybody who takes the annuity option is dumb. The discount rate on the lump sum is something like 4%.
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#48
09-14-2005, 11:32 AM
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Re: The lottery is +EV
dude, lots of dumb people who would donk off the lump sum in 2 years buy lottery tickets. for someone like that taking the 8k/month option is a pretty good move.
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#49
09-14-2005, 11:38 AM
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Re: The lottery is +EV
Hitting powerball is 120million:1. When the prize is over 120 million it is +EV if u assume that only 1 person will hit. Being +EV is not very exciting alone, especially when its absolute value is $.0000000000000001.
Later, Indy
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#50
09-14-2005, 11:42 AM
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Re: The lottery is +EV
[ QUOTE ]
Hitting powerball is 120million:1. When the prize is over 120 million it is +EV if u assume that only 1 person will hit. Being +EV is not very exciting alone, especially when its absolute value is $.0000000000000001. Later, Indy [/ QUOTE ] Thanks professor. Because nobody here can do math.
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