poor logic hogview, you're increasing the pot through this shameless promotion but diluting your chance of winning that much more at this point, your chance of winning is about the same as petrino getting a top in-state prospect

i dont understand why people who buy tickets at 240 million dont buy tickets at 11 million "nope, sorry, a better chance at winning 4 million after taxes is most definitely not worth my dollar"

Where is the logic of diluting my chances of winning? It doesn't matter if 10 people or 100 million people have tickets, the odds are still the same.

Yea, it's not a raffle. It's a lottery, you have the numbers or you don't, somebody doesn't have to win.

You're diluting your chances of winning the entire pot, because TMB members think alike & will choose the same #'s, thus, if you miraculously do win your winnings will be greatly diluted. I'll be here all week

That's a fair point, but initial point was decreasing chances of winning. As for buying when it's high, sure 4 million would be fine too, but if you are going to throw away $10 on lottery you know you probably won't win, why not take a risk that you are going to have so much money you can pretty much quit your job and live ridiculously. I know I could invest and live greatly off $4 million, but I know I wouldn't be able to do the crazy crap I would do with $60 million

because 4 millions invested correctly will allow you to quit your job and lead a very comfortable life and is worth the $10 just as much as wasting it on a 205 millions jackpot

i mean, its hard to argue with the logic of playing the lottery but expected return of 250 mil pot * odds of winning > expected return of 4 mil pot * odds of winning

Unless he wasn't replying to me I believe he is claiming you have slightly better odds at winning the staring $12mm lottery versus a $245mm lottery.

people play the lottery when the total reaches outrageous sums because their expected return is greater the higher the sum is. if you have a 1/10 chance of winning, you'll be more willing to play if the reward for winning is $2 rather than $1.

the fuck it isnt if i was to win 4 million right now i would walk plum the fuck out of my job pulling one of these

While true, the willingness or number of people playing has nothing to do with an individuals probability of winning the lottery.

its not probability that we're talking about here. or, at least, i'm not. but the expected return to a ticket is higher when the lottery goes up. not higher than the dollar that a ticket costs, but higher nonetheless.

which retard is saying that you have a better chance of winning the lottery when the total goes up? i apologize if that was actually stated because that's wrong

Correct, which is the opposite of what some are saying. Some above were claiming the "chances" are less now, but only fractionally; which doesn't make any sense.

YouTube blocked at work, but I hope that's the video of the kid quitting the hotel with the marching band.

You could invest 2 mil in safe 5% bonds, giving you a check of 50K every 6 months for as long as you wanted. The other 2 mil could sit in your account as play money. I could live on 4 mil.

Yup. I'd definitely quit my job for 4mil. I wouldn't allow my wife to, but I'd definitely be jobless. Bitch probably didn't want me to play the lottery in the first place.