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View Poll Results: Have You Bought Your Powerball Tickets?
Yes 44 55.00%
No, and I won't 35 43.75%
No, but I likely will before tonight's draw 1 1.25%
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Old 11-28-2012, 05:01 PM   #21
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Originally Posted by easysurfer View Post
No, I won't. So my chance of winning is 0% versus about .0000000001% .

That said, good luck to those who got a ticket.
Good one!
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Old 11-28-2012, 05:06 PM   #22
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With LBYM I have trouble spending $500, so thinking how to spend $500 million makes me feel sick.
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Old 11-28-2012, 05:31 PM   #23
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I haven't purchased a ticket in a LONG time, but, I just walked down to the local convenience store just now and there was a couple dozen people lined up... I was like what is going on, is the register broken? Then I realized that this was the lottery line. I normally don't carry much cash but actually had $5 in my wallet. So, when my turn came up I asked for 5 tickets, quick pick. She came back and told me that will be $10!! I was like, nooooo... I just wanted 5 tickets! I only have $5! She informed me that they now cost $2 each. I had to run back home, get my ATM card and I quickly drove back and payed her. I don't know if I would have bought them if I had known they had doubled in price. Oh well, I have thrown $10 away before and probably will again.

Good Luck everyone!
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Old 11-28-2012, 05:47 PM   #24
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Quote:
Originally Posted by JustMeUC View Post
I haven't purchased a ticket in a LONG time, but, I just walked down to the local convenience store just now and there was a couple dozen people lined up... I was like what is going on, is the register broken? Then I realized that this was the lottery line. I normally don't carry much cash but actually had $5 in my wallet. So, when my turn came up I asked for 5 tickets, quick pick. She came back and told me that will be $10!! I was like, nooooo... I just wanted 5 tickets! I only have $5! She informed me that they now cost $2 each. I had to run back home, get my ATM card and I quickly drove back and payed her. I don't know if I would have bought them if I had known they had doubled in price. Oh well, I have thrown $10 away before and probably will again.

Good Luck everyone!
At least the walk and run back got you some exercise . Good luck!
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Old 11-28-2012, 05:57 PM   #25
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Hey, you guys all send me a dollar. I promise I'll pay $400M if you pick the winning number.
$1 per year for 400M years.
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Old 11-28-2012, 06:17 PM   #26
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No time to buy a ticket today, as I was at work. Next time maybe.

Quote:
Originally Posted by haha
I got mine!
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Old 11-28-2012, 06:22 PM   #27
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I sure hope if we have a "winnah" here , s/he will let the rest of us know.

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Old 11-28-2012, 07:33 PM   #28
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SO bought ours . Believe me if we win you will you will all know !
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Old 11-28-2012, 07:39 PM   #29
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Lets see, cash option and after taxes maybe around $270 million. Hardly worth buying a ticket for. The lottery is truly a regressive tax on those who can least afford it.
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Old 11-28-2012, 08:10 PM   #30
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I had DW pick ours up today. Have not bought a lottery ticket in many years. And I really didn't care for those odds of winning at 1 in 175 million so I got 5 tickets. Now my odds are 5 in 175 million so just under two hours now until I ER!
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Old 11-28-2012, 09:18 PM   #31
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I didn't buy a ticket this time, but years ago before there were multi-state lotteries, a co-worker harassed me into buying a state lotto ticket when the odds of winning the jackpot were something like 1:2,000,000 but the jackpot was $5 million. I discovered that it was a dollar well spent although I won nothing. The wonderful daydreams I had all afternoon at work were worth a lot more than $1.

BTW, because they increased the cost of a Powerball ticket this year from $1 to $2, you have to double all of the odds to see what the true odds are for a $1 bet versus the payout. Then there also the possibility of multiple winners to share the jackpot, plus the fact that you buy a ticket with after-tax $$ but win pre-tax $$.

In 1992, an Australian syndicate attempted to buy up all 7 million possible combinations for the Virginia lottery when the jackpot got up to $27 million. They ran out of time and only could buy about 5 1/2 million tickets, but they did in fact buy the winning numbers and had the only winning ticket.

Australian Lotto Group Won't Divulge Winners - Orlando Sentinel

http://www.nytimes.com/eyeblaster/addineyeV2.html
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Old 11-28-2012, 11:56 PM   #32
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You betcha! DW bought them this time for a change in luck. And she picked the numbers instead of me buying quick picks.
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Old 11-29-2012, 05:17 AM   #33
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I can't believe I forgot to rub my lucky four leaf clover over my tickets!
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Old 11-29-2012, 06:01 AM   #34
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I didn't win either. But perhaps that's because I forgot to buy a ticket. Buying a lottery ticket is the type of thing I'll do perhaps once a month if I'm in the store and if I think of it at the time.
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Old 11-29-2012, 06:29 AM   #35
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Someone in Missouri was recorded having this phone conversation:

"Pack your bags, honey, I just won the lottery!"

(Squeals) "What should I pack? Where are we going? The Caribbean beaches? The Alps to ski? Broadway? Paris?"

"I don't care where you go, I just want you out of there when I get home."
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Old 11-29-2012, 07:05 AM   #36
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Someone in Missouri was recorded having this phone conversation:

"Pack your bags, honey, I just won the lottery!"

(Squeals) "What should I pack? Where are we going? The Caribbean beaches? The Alps to ski? Broadway? Paris?"

"I don't care where you go, I just want you out of there when I get home."
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Old 11-29-2012, 07:16 AM   #37
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The after tax payout of $270 million with a 4% WD rate is approx $29K per day. That would take some W*rk ...I think I would come out of retirement for that job.
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Old 11-29-2012, 08:21 AM   #38
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I won!!!!!!










$4 on $6 bet
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Old 11-29-2012, 11:53 AM   #39
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No, I won't. So my chance of winning is 0% versus about .0000000001% .
I figured if I waited until today, I could buy more than half of yesterday's tickets for about $00.0000000001, and still have about the same chance of winning.

In truth, I considered buying my first ever lottery ticket yesterday. A quick calculation of the supposed estimated cash value of the prize divided by the published odds of winning made it look acceptable. However, then I took into account the chance one or more other tickets would be sharing that estimated cash value, and the economist in me would not let me waste the money.

Instead I saved my $2, and thus expect to have roughly an additional $0.08 available to spend every year for quite a long time relative to my life expectancy.
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Old 11-30-2012, 12:32 PM   #40
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I figured if I waited until today, I could buy more than half of yesterday's tickets for about $00.0000000001, and still have about the same chance of winning.
It turns out Dogbert already sells day old tickets.
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