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Powerball

Posted: Thu Nov 03, 2022 1:17 pm
by Burning Petard
Well, I am gonna go out today and participate in that big virtual casino and buy a powerball ticket. I think one person having that much personal wealth is obscene. But I am gonna do it anyway.

So I publicly announce that my first act of charity if I win it, will be to purchase a MGA twin-cam and give it to MGMckanic.

snailgate.

Re: Powerball

Posted: Thu Nov 03, 2022 4:15 pm
by BoSoxGal
I was too late to get a ticket on Halloween so was glad nobody won. Got my ticket last night and disappointed my ship didn’t come in. Will try again Saturday.

If I won I would use 99% of the winnings to establish a charitable foundation and spend the rest of my life giving the money to worthy causes, without requiring any public acknowledgment.

The remaining 1% would provide me adequate riches to finance a modest lifestyle and help out those friends who have helped me in my life.

Re: Powerball

Posted: Thu Nov 03, 2022 6:46 pm
by Bicycle Bill
I threw two dollars at it last night, and I'll probably do it again by Saturday — assuming I have any other reason to leave the home twenty.  I know the odds are astronomical and I'm probably just pissing away another two bucks, but I figure I've wasted more money than that on even more stupid things — and like they say, you can't win if you don't play.

-"BB"-

Re: Powerball

Posted: Thu Nov 03, 2022 8:23 pm
by ex-khobar Andy
I see it is estimated to be $1.2 billion if anyone gets all the numbers. Why don't they lower the threshold to five balls out of six (or whatever - I don't know the constraints on the numbers so I can't work out the number of permutations) and give say 1200 million dollar prizes? I'd rather take a shot at $1,000,000 with odds of XXXX:1 than at $1.2 billion with odds of 1200 times that against winning.

Re: Powerball

Posted: Thu Nov 03, 2022 8:37 pm
by Bicycle Bill
ex-khobar Andy wrote:
Thu Nov 03, 2022 8:23 pm
I see it is estimated to be $1.2 billion if anyone gets all the numbers. Why don't they lower the threshold to five balls out of six (or whatever - I don't know the constraints on the numbers so I can't work out the number of permutations) and give say 1200 million dollar prizes? I'd rather take a shot at $1,000,000 with odds of XXXX:1 than at $1.2 billion with odds of 1200 times that against winning.
Because with cars costing $40 grand or more and the way the housing prices are these days, a million bucks is — well, just chump change.  Especially after you figure the feds and your state are going to whittle away at least a third of it.

On the other hand, if someone wants to hand me a million smackers, PM me and I'll give you my address.  Hell, PM me and give me YOUR address — I'll come and get it!!

-"BB"-

Re: Powerball

Posted: Sun Nov 06, 2022 2:20 pm
by Jarlaxle
ex-khobar Andy wrote:
Thu Nov 03, 2022 8:23 pm
I see it is estimated to be $1.2 billion if anyone gets all the numbers. Why don't they lower the threshold to five balls out of six (or whatever - I don't know the constraints on the numbers so I can't work out the number of permutations) and give say 1200 million dollar prizes? I'd rather take a shot at $1,000,000 with odds of XXXX:1 than at $1.2 billion with odds of 1200 times that against winning.
Actually, 5 of 6 IS a $1 million prize.

Re: Powerball

Posted: Sun Nov 06, 2022 5:28 pm
by Burning Petard
Why? Because this is a for-profit activity and big jackpots suck in more money, even though the odds stay the same.

snailgat4