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-   -   Numbers, Numbers ... (Powerball tonight) (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/numbers-numbers-powerball-tonight-64885/)

glgene 11-28-2012 05:19 PM

Numbers, Numbers ... (Powerball tonight)
 
Wed, Nov. 28 -- Tonight, at 10:59 ET, is the drawing of the Powerball winner.

This mega lottery contest covers 42 states (FL included), Wash. DC and the US Virgin Islands.

Odds of winning the $550 million jackpot tonight are 1 in 175 million. You are more likely of becoming an astronaut (1 in 12.1 million), or being killed by falling airplane parts (1 in 10 million).

So why do people buy Big $ lottery tickets? In hope of the “dream come true.” As they say in baseball, you can’t get a hit unless you swing the bat. Accordingly, you can’t win the lottery if you don’t buy a ticket. Meanwhile, Forest Gump would probably say, “Stupid is as stupid does.”

Gene
ps: Kathy and I doubled are odds of winning Powerball this week…we bought 2 tickets! <g>

Ron1Z 11-28-2012 06:13 PM

If I win, The first thing I would do is buy a home in the Villages. To me anyone that ownes a home in the Villages is already lucky.

lanabanana73 11-28-2012 06:23 PM

I don't play the lottery regularly, but when the jackpot gets really big ('cause you know, a few million really wouldn't change my life!), I always buy one ticket. Then, I spend hours thinking about what I would do with that money. Like others, the first thing on my list is to buy a house at TV, but I might get a slightly fancier one than I would otherwise! You can't win, if you are not IN!! Good luck to everyone!

gomoho 11-28-2012 07:00 PM

We are in for a $20 investment split with a friend. It's fun and certainly won't put us in the poor house.

Jim 9922 11-28-2012 07:10 PM

Quote:

Originally Posted by glgene (Post 586601)
Wed, Nov. 28 -- Tonight, at 10:59 ET, is the drawing of the Powerball winner.

This mega lottery contest covers 42 states (FL included), Wash. DC and the US Virgin Islands.

Odds of winning the $550 million jackpot tonight are 1 in 175 million. You are more likely of becoming an astronaut (1 in 12.1 million), or being killed by falling airplane parts (1 in 10 million).

So why do people buy Big $ lottery tickets? In hope of the “dream come true.” As they say in baseball, you can’t get a hit unless you swing the bat. Accordingly, you can’t win the lottery if you don’t buy a ticket. Meanwhile, Forest Gump would probably say, “Stupid is as stupid does.”

Gene
ps: Kathy and I doubled are odds of winning Powerball this week…we bought 2 tickets! <g>

The odds with 2 tickets didn't change; they are still 1 in 175 MM, all you did was double your chances. Though if I remember my statistics class lectures, on a $2 investment you would need a payout of $350MM to statistically break even on the 1 to 175MM odds (e.g. it would cost you $350MM to buy one of each combination and thus have a winner.) So a $2 bet is is statistically a good bet with the current jackpot, assuming there are no splits. Then you pay about 1/3 in taxes .... so maybe not???:22yikes:

By the way, I bought one ticket and have reserved a Brinks truck to stand by. Positive thinking, you know :pepper2:

cquick 11-28-2012 07:29 PM

I bought 3 tickets....I figure I won.

BarryRX 11-28-2012 07:33 PM

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LynnDeb 11-28-2012 07:37 PM

Hi Connie!!
 
Quote:

Originally Posted by cquick (Post 586702)
I bought 3 tickets....I figure I won.

I hope you do win!!!
Sorry we couldnt meet up we went home yesterday morning...still a bit sick...
But we will be up again and I have your #

2BNTV 11-28-2012 07:39 PM

Quote:

Originally Posted by Ron1Z (Post 586636)
If I win, The first thing I would do is buy a home in the Villages. To me anyone that ownes a home in the Villages is already lucky.

:agree:

People in TV have already hit the jackpot. :smiley:

glgene 11-28-2012 08:36 PM

1 ticket, and you're in.

0 tickets = no chance of winning.

BobnBev 11-28-2012 08:43 PM

Powerball
 
I bough my ticket in CT. If I win I have to fly back there to collect (and pay their taxes):22yikes::cold::shrug:

BarryRX 11-28-2012 08:54 PM

If you win, and if you only walk away with 300 million after taxes and if you can get a 4% return, then:

You will make 12 million a year interest
Just to spend the interest, you would have to spend 33 thousand dollars a day, or 2 thousand dollars every hour of the 16 hours you are awake each day.
All that money without ever touching the principal.

glgene 11-28-2012 09:08 PM

Quote:

Originally Posted by BarryRX (Post 586796)
If you win, and if you only walk away with 300 million after taxes and if you can get a 4% return, then:

You will make 12 million a year interest
Just to spend the interest, you would have to spend 33 thousand dollars a day, or 2 thousand dollars every hour of the 16 hours you are awake each day.
All that money without ever touching the principal.

Maybe the Powerball winner from TV will become the new 'Parade sponsor' at the town squares!

ugotme 11-28-2012 10:34 PM

PLEASE, PLEASE people. Save your money -

I HAVE THE WINNING TICKET !!!!


:D

Yankee Quilter 11-28-2012 11:12 PM

Not one number in my set of five ... Oh well, here in GA the lottery sponsors pre K and college ... My contribution! Hope one of you were luckier than us!!!


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