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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%

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In response to haymaker

Yes.

Greg2117's avatar - Lottery-035.jpg

People look at the odds the wrong way. That's why most of them will play their entire lives and never win anything.

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In response to redhot7

If there are 6 coupons and you buy two, that means there 4 other possibilities that may show instead of yours.

If you buy two tickets for PB, that means there are 175,223,508 other possibilities that may show insted of yours.

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In response to Greg2117

How would Greg2117 go about telling telling to look at the odds the Right way?

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In response to Greg2117

Exactly, and that's my whole point. It's misleading and most people would either jump for joy when they hear their odds got cut in half after purchasing two tickets and go to the nearest store and buy a hundred more tickets thinking they're definitely going to win, or, they'll call the looney bin and have a paddy wagon show up, put me in a straight jacket and take me away haa, hee hee, heh heh..ho ho..Green laugh

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In response to onlymoney

Only Money- Well Played!

You highlighted the word " Jackpot" to differentiate it from the rest of your signature. What a stroke of Genius, l am impressed.

Thumbs Up

redhot7's avatar - SetforLifeLogo
In response to onlymoney

The remaining number of possibilities are indeed 4, but the chances are 2 out of 6 or 1/3 since I bought one third of your samples.
Just think about it, if I buy one third of your samples, shouldn't my chances of winning is one third too?

I think I misunderstand your definition of possibilities and you misunderstand my definition of  chances. The two are not the same. We thought we are arguing about one thing while in reality we are arguing about two different things and we are talking pass each other. I should have said chances and not possibilities to avoid confusion.

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In response to redhot7

Red7 it looks like you are going toe to toe with Only Money on this one, be my guest. l will be in the car.

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In response to noise-gate

Thanks, but I'm no genius. It doesn't take a rocket scientist to realize that the odds of winning the PB has the same odds of a meteor literally hitting you while you walk down the street. I only play once a month for shticks and giggles.

There's nothing wrong with people spending hudreds of dollars on JP games, it's their money, but I'd be rich If i got a dollar everytime I read or heard someone say that they know for sure they're going to hit the JP someday.

This is why I study the p-3 game. I'd rather find a loophole that will give me a relatively good return on a regular basis. The pyramid system i have in the systems forum seems to be promising, and as soon as I have enough of a large bankroll, I'm going to attack that  Cali p-3 with a fury. There will be ups and downs because no system is going to win everytime, but at least this is attainable, not some pie in the sky that 99.9% of the people won't see in their lifetime. You can't argue with facts.

Most people say, well, someone wins almost every draw, but what they conveniently leave out is that there were hundreds of millions of losing tickets in order for that one or two winners to occur.

ThemBonez's avatar - 16314 s.jpg

I usually buy 2-10 tix a week for Mega Millions and 2-5 tix for the Powerball.  Sometimes I won't buy anything at all.  It all depends on my budget and whether I'm feeling lucky or not.

Jon D's avatar - calotterylogo
In response to redhot7

Stop Whoa folks....let's not get another thread locked or deleted!

You are both right, but you are speaking different languages. Revisit odds versus probability:

http://en.wikipedia.org/wiki/Odds#Gambling_odds_versus_probabilities

Probability is:  ( chances for ) / ( total chances )

Odds is: ( chances for  ) : ( chances against )

Two different ways of expressing the same situation, and can be converted to one another.

Probability is x in y or x/y

Odds is x to y or x:y

The main problem is with the lottery industry, pretty much everything is expressed in probabilities, but they call it odds.(so do I, its easier to type) So when people are talking about odds in relation to the lottery, it can be confusing sometimes. Be clear.

Greg2117's avatar - Lottery-035.jpg
In response to noise-gate

Just think about. What seperates the lotto winners from everyone else who see the odds as being astronomically impossible. Is it luck ? Or mabey being in the right place at the right time.

Why do some people struggle through life and others are successful. Those who see them selves as being succesfull, having everything they always wanted, and holding on to that mentality, then everything around them will fall into place the way they imagined it. That's how the world works around you.

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Just rethought my original question- it should have read how many lines do you purchase on a " single ticket"- that would have been less confusing- if it was, given that some could purchase up to 10 lines on a single ticket.

Either way- playing and winning is better than playing and losing.

Coin Toss's avatar - shape barbed.jpg

onlymoney,

Here I am. Oy vey, here we go again.

You are exactly right.

Since there is one and only one set of winning numbers drawn, we will call that one line of numbers, every line of nnumbers played reduces the odds by one line, not by one half of the total lines.

I'll repeat the challenge for those who beliver the one-half theory, pool your money on any jackpot game with enough people (how many on this board) and you have a lock, right?

For all thiose who would like to play an extra magic line of nnumbers and cut the odds in half, please send $119.95 to

Make Me Rich

C/O SP

P O Box 1/2

Schmucksville, USA  0000.5

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In response to Coin Toss

Green laugh

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