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How many tickets do you normally buy for either JP?

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Do you stick to your guns on that number as well when it creeps closer to $250-$300 million or do you max yourself out?

 

 l buy three each, but will go to six for each JP when it reaches $300 mil. Its only money..right?

 

Have a Good Week People.!

redhot7's avatar - SetforLifeLogo

I always buy one ticket regardless of the jackpot. Since the odds are so astronomical, buying more than one ticket doesn't really make that much difference.

Goteki54's avatar - Lottery-007.jpg

Discipline is the name of the game. I don't care if the jackpots go to one billion dollars. I know the odds of winning that are astromonicallly against me, so I put my two cents into the pot and hope for a miracle. My bets are normally five for mega millions and ten for powerball which is basically five tickets for each.

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In response to redhot7

Good Point Red7- but my thinking is this, people will join a lottery pool to " increase" their chances of winning, what l am doing is increasing my chances of winning by a lottery pool of ONE.
Flawed Logic? - perhaps, but whose to say it will never work?

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In response to Goteki54

Discipline with Money is a winning formula especially when you know the odds are near impossible of winning but not unheard of, especially with stories like Gloria McKenzie around.

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I buy 1 ticket per month for the Ca Fantasy Five and 1 ticket for the PB. Like redhot wrote, with those rediculous odds, 1 ticket should suffice.

If I bought 10,000 tickets for the PB, there are still 175,213,510 possibilities left. Crazy

MsNumberDreamer's avatar - lottery balls-cash.jpg

I buy 1-3 tickets for a normal draw at 100 million or a little lower.  If it gets over 300 million I may buy 5 or 6 but never more than that.  When it was 500+ million I bought maybe 12-20 dollars worth.

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I buy one ticket for Powerball....might splurge on two tickets if the jackpot is over $250 million.  I typically buy two tickets for Mega (one line is my own numbers and the other line is a qp).  I stick with 2 tickets for Megamillions regardless of the jackpot size.

IPlayWeekly's avatar - avatarmoney

I buy one ticket for MM and PB in each drawing with my own set of numbers

Coin Toss's avatar - shape barbed.jpg
In response to redhot7

Yup, I agree.

JAP69's avatar - scene sunovermountains.jpg

95% of the time I do not buy any.

If the moon and stars give me good vibes I will drop a couple bucks on the game.

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In response to JAP69

I Agree! thought I'm more likely to buy tickets when I believe the jackpot is more likely to be won. Whether or not it's sound, the strategy is the odds of my tickets winning are compared to the total ticket sales rather than the odds against all the possible combinations.

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EEEEHHHH one ticket for drawings under 100 million then it goes to 2 for drawings between 100 and 300 million after that I'll play maybe 3 or 4 til its hit

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In response to onlymoney

Is that a Misprint OM?

12 tickets in 365 days for PB and the same # for Fantasy 5?

redhot7's avatar - SetforLifeLogo
In response to onlymoney

No, that's not quite how it works.
1 ticket - possibilities are 1 out of 175,223,510 or  0.00000057%
2 tickets - possibilities are 2 out of 175,223,510 or 1 out of 87,611,755 or 0.00000114%
10,000 tickets - possibilities are 10,000 out of 175,223,510 or 1 out of 17,522 or 0.0057%
1,752,235 tickets - possibilities are 1,752,235 out of 175,223,510 or 1 out of 100 or 1%

Last31Page 2 of 4
haymaker's avatar - Lottery-012.jpg

$3 for ea. PB draw $2 for ea. MM

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In response to redhot7

So apart from your head spinning Math Red7- how many tickets do you come out of the convenient store with?

* Tickets- Not odds?

IPlayWeekly's avatar - avatarmoney
In response to redhot7

wow, that's alot of math

redhot7's avatar - SetforLifeLogo
In response to noise-gate

As I said, just one. Look at the Math. You would need to buy more than 1.7 million tickets to have a decent chance of 1%. That's why I said it's
so astronomical.

haymaker's avatar - Lottery-012.jpg
In response to noise-gate

Missouri ?

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In response to redhot7

l dont know anyone who buys 1.7 million tickets for a chance to win it all.

How many tickets a month for you Red7?

redhot7's avatar - SetforLifeLogo
In response to IPlayWeekly

Not really.
If the original chances are 1 in Y and you buy 1 ticket, your chances are 1 in Y.
If you buy X number of tickets, your chances are X in Y.
Just divide X/Y to get the number in percentage.

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In response to redhot7

Disapprove

Oh boy, do we have to go through this for the 50th time? lol

Where's Cointoss when you need him..lol

Here we go again. This subject is like a pesky mosquito that seems to live forever and doesn't go away. Green laugh

People have written about this in the past on LP and they don't get it and never will. I'm not going to argue with you, and i don't want this thread to get locked.

I'm just going to say this once, and leave it alone.

It's misleadiing to write It at 1 out of 87 million. But most people look at it and tell themselves what an improvement in the odds they made.

It doesn't matter how you put it, the bottom line is that If you buy two tickets for PB, there are still 175,223,508 possible outcomes. That's the reality, not 2 tix=1 out of 87 million.

There is no way in the world you cut the odds in half by buying two tickets. Crazy

redhot7's avatar - SetforLifeLogo
In response to noise-gate

I buy one ticket per draw for PB, MM and SLP. There are 2 draws per week. So, about 24 to 26 tickets per month.

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The only way to cut my odds by half is to purchase 87,611,755 tickets. Period!

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In response to noise-gate

Read my signature. I'm not like some here who spend hundreds a month. Why should I after reading my signature?

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In response to redhot7

See- that was not hard at all for you to say.

Big Smile

redhot7's avatar - SetforLifeLogo
In response to onlymoney

It may seem counter intuitive but that is the true Math.

Let's make it simple. Suppose you sell 6 coupons. One of which has a prize. All others are duds. If I buy 2 tickets, my chances are 2 out of 6 or 1 out of 3 since I buy one third of your samples, not 1 out of 4.

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In response to onlymoney

l Read it- its upfront which is great- however its no different than someone saying.." Trust me- l,m a Lawyer"

... although your signature is True.

redhot7's avatar - SetforLifeLogo
In response to onlymoney

NO. If you buy 87,611,755, your chances are 87,611,755 out of 175,223,510 or 50%. You don't "double" your chances from 0.00000057% to 50%. It's a lot more than that.

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