I've said it hundreds of times, so why not once more?
What difference does it make if you win $40 million or $425 million? I suppose it would be great to keep a few million and start a charity with the rest, but I will never understand the buying frenzy that starts every time the jackpot gets to these astronomical levels. Only 1 person in the entire State of Florida got the 5 white balls, winning a million with a $2 ticket. That should tell you something about the odds of hitting all 5 numbers and the PB.
However, somebody's going to win the jackpot, so I wish everyone here a lot of luck!
I'll get my usual one set of numbers for $2. I've always been baffled at why people spend "real" amounts of $$$, like $20 on 10 sets of numbers, when that's only covering 10 of more than 175 million combinations of numbers. Tonight on my one set, I got 2 of 6 numbers, and 2 others were 1 digit off. I know someone who spent $10 on 5 sets, and got only 1 number on 1 of the 5 sets. Plus I've been in past work lottery pools with anywhere from 50 - 100 sets of numbers, and typically that resulted in 3 or 4 lines being powerball or powerball plus 1 number, but they were always a far less payout than total money invested.
On the other hand, since there's no law that I know of, of how many times you can win the lottery, or how many tickets you can buy, here's my dream plan of being the first lottery winning billionaire. After winning this Wednesday, with the one time cash payout after taxes being almost 200 million, that would buy almost 100 million sets of different numbers, covering more than 50% of the possible combinations of numbers. In not long from now, with how often since 2012 with the changes that the powerball jackpot goes high, there's bound to be a cash payout soon (after taxes) of 250 million or higher. By winning that, it would increase my winnings from about 200 million into 250 million or more. Repeat that process a handful of times, and I'm a billionaire. Of course, I may the lose the 1 : 2 bet and leave myself with next to no money left, but those are <snip> good odds. Even better, nobody wins this Wednesday and the jackpot increases to a win of 350 million (or more) in one time cash payout. Then I'd have enough money to play every combination of numbers and be guaranteed to win the jackpot. The one issue there being not knowing if I'd be the sole winner, or have to split it 50/50 with one other person, or only get 33% with two other people, etc. I'd still do it though even if I were 1 of 3 winners. In that scenario, if the cash payout was 400 million, I'd wind up 50 million ahead if I were the only winner, or at "only" 133 million if I were 1 of 3 winners. Plus, since there's so much press and hounding of large lottery winners, I might as well go all out and be known as the biggest lottery winner who keeps betting all his money to keep winning more lotteries.
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Quote: Originally posted by ressuccess on Nov 26, 2012
There's going to be a new poll question coming up. I hope there is one Powerball Jackpot winner in this draw because in the Mega Millions record jackpot of $656 million, there were 3 winning tickets. What do you think about my comment?
I htink it would be amazing if only one person won.