Powerball Jackpot Is Now $1.5 billion - The Largest Ever
- Thread starter probyn
- Start date
It is nice to dream but Holy Cow the odds!
Winning on Saturday greater than 1 in 292 million
Of being struck by lightening while in the process of drowning 1 in 183 million.
Of being attacked by a shark 1 in 11.5 million
of being struck and killed by a meteorite 1 in 700,000
of being struck by lightning 1 in 134,000
of drowning 1 in 1,113
Winning on Saturday greater than 1 in 292 million
Of being struck by lightening while in the process of drowning 1 in 183 million.
Of being attacked by a shark 1 in 11.5 million
of being struck and killed by a meteorite 1 in 700,000
of being struck by lightning 1 in 134,000
of drowning 1 in 1,113
Not bad. Would certainly be able to achieve my "pie-in-the-sky" longterm goal of 1,000 premium escorts to my annual escort budget!
You can play on line at: www.thelotter.com
The have a number of other lotteries as well. They take a large markup on the tickets.
Aardvark is correct on the odds but someone will win.
Too bad Roy Sullivan wasn't around to buy tickets. He was hit by lightening on 7 different occasions.
https://en.m.wikipedia.org/wiki/Roy_Sullivan
The have a number of other lotteries as well. They take a large markup on the tickets.
Aardvark is correct on the odds but someone will win.
Too bad Roy Sullivan wasn't around to buy tickets. He was hit by lightening on 7 different occasions.
https://en.m.wikipedia.org/wiki/Roy_Sullivan
Read a lot of complaints about these sites, easy to set up an account and buy tickets but cashing them if you win something seems to be the biggest complaint.
According to a lawyer on CTV NEWS.
1) Yes, you can buy a ticket in the U.S.
2) Yes, you can leave the U.S. with your ticket.
3) No, you cannot return to the U.S. with your ticket to collect your $1.5 billion. Instead, you have to fill out a form and mail it to somewhere in the U.S.
BTW: Is there a way you can get a refund of the U.S. taxes?
If they don't win tonight, for the next one I am driving to the states and dropping at least $500.
3 tickets matched: California, Tennessee, and Florida.
(Figured there'd be multiple winners)
So the odds are not that rare as they say. Also look at Lotto max and all the other lotteries, if the odds were this ridiculous we would not be having this many winners each time there is a draw. Fine odds are still very high, but nowhere near as what statistics would show. I wonder what they are if they took the actual data and figured it out vs. the theoretical. Maybe this would show there is something else affecting the theoretical stats.
The shortcoming of 'the actual data' is that it would change every draw. When someone wins, the odds would be the number of winning tickets of the amount sold. To keep it static, they give the odds of a single line being drawn within total combinations (for Powerball it's about 1 in 293 million).
With the exposure/hype surrounding this draw, I wouldn't be surprised if they also had record sales. How close to or over the 293 million combinations were sold would be an interesting number to know. Even if they sold 300 million tickets, with some lines duplicated, the odds of a winner were very high. That's why I'm not surprised that there were multiple winners. Same goes for Canadian lotteries. When the hype surrounding the jackpot increases, then those who play, play more; and those who don't will buy a ticket or two.
Just look at Lotto Maxx. They recently upped the maximum to 60 million. When it started and 50 was the maximum, there was hype when it hit 50. Over time that anticipation waned because people got used to a 50 million jackpot and stopped rushing out to buy tickets; so the increased it. Give it time and they will either up the maximum again, or remove it and let it climb (it'll be interesting to see after last night's hoopla). If Powerball had a similar upper limit, then this week's hype would not have happened.
I actually thought they should have split the monster into 3 separate lotteries. No normal human needs more than $500 million. As it turned out, having 3 winners is the same effect.
So, no Canadian won?
The U.S. and Canada have a tax treaty such that you can basically write off the tax you have to pay in one on the tax you have to pay in the other (obviously only in the country of primary residence). As usual, if this becomes an actual issue in the future consult a lawyer specializing in tax issues - pronto!
Rather, with deference to any statisticians out there, it was reported that by four days ago, so many tickets had been sold that 90 percent of all the possible combinations had been sold, by last night it was probably even a greater percentage.
Also heard a professor of mathematics on the local news who said that while purchasing multiple tickets does increase your odds it does so in such a minimal way that even spending over a million dollars on tickets only increased your odds to less than 50-50. His advice was purchase one ticket and dream.
