Numbers, Numbers ... (Powerball tonight) Numbers, Numbers ... (Powerball tonight) - Talk of The Villages Florida

Numbers, Numbers ... (Powerball tonight)

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Old 11-28-2012, 05:19 PM
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Default 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>
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Old 11-28-2012, 06:13 PM
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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.
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Old 11-28-2012, 06:23 PM
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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!
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Old 11-28-2012, 07:00 PM
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We are in for a $20 investment split with a friend. It's fun and certainly won't put us in the poor house.
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Old 11-28-2012, 07:10 PM
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Quote:
Originally Posted by glgene View Post
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???

By the way, I bought one ticket and have reserved a Brinks truck to stand by. Positive thinking, you know
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Old 11-28-2012, 07:29 PM
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I bought 3 tickets....I figure I won.
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Old 11-28-2012, 07:33 PM
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Old 11-28-2012, 07:37 PM
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Quote:
Originally Posted by cquick View Post
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 #
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Old 11-28-2012, 07:39 PM
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Quote:
Originally Posted by Ron1Z View Post
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.


People in TV have already hit the jackpot.
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Old 11-28-2012, 08:36 PM
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1 ticket, and you're in.

0 tickets = no chance of winning.
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Old 11-28-2012, 08:43 PM
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Thumbs down Powerball

I bough my ticket in CT. If I win I have to fly back there to collect (and pay their taxes)
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Old 11-28-2012, 08:54 PM
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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.
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Old 11-28-2012, 09:08 PM
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Quote:
Originally Posted by BarryRX View Post
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!
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Old 11-28-2012, 10:34 PM
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PLEASE, PLEASE people. Save your money -

I HAVE THE WINNING TICKET !!!!


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Old 11-28-2012, 11:12 PM
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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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