Master Index of Archived Threads
Lottery Thoughts
KC Mar 07 2007 12:44 PM |
Like many offices, we got about 45 tickets yesterday in hopes of sharing a
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Edgy DC Mar 07 2007 01:03 PM |
Which makes it into a regressive tax.
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Vic Sage Mar 07 2007 01:14 PM |
the way i understand it, the odds of winning are pretty similar (practically speaking) whether you buy a ticket or not. So, i'll take my chances by not buying one.
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Frayed Knot Mar 07 2007 01:15 PM |
a) statistical relevance [advantage] of quick-pick vs some other pattern?
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metirish Mar 07 2007 01:16 PM |
I don't play,I have an aunt that won the lottery in Ireland years ago,I think that makes my odds of winning even worse....
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KC Mar 07 2007 01:22 PM Edited 1 time(s), most recently on Mar 07 2007 01:23 PM |
I mean, should "1" be played as the powerball number on the first ticket, and
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Edgy DC Mar 07 2007 01:23 PM Edited 2 time(s), most recently on Mar 07 2007 01:41 PM |
No. The odds of both you and your aunt winning were worse before she won. Now that she has, you're no more astronomically unlikely to win than the rest of us.
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Frayed Knot Mar 07 2007 01:34 PM |
"So Knot's girlfriend was onto something. If it's going to be the longest of longshots, you might as well walk away with the whole enchilada."
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Centerfield Mar 07 2007 01:50 PM |
Around the office here, people have felt compelled to tell me how they would use their money ("I would give $20 million to my parents, then $5 million to my brother..."). I follow up by asking them when the IRS comes knocking, would you ask for some of the money back or pay out of your remaining share?"
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Edgy DC Mar 07 2007 01:59 PM |
Well I lost an eye in Mexico
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Frayed Knot Mar 07 2007 02:04 PM |
I get a kick out of the folks who only play when the jackpot hits a real high ($100mil+) type of number -- as if the piddling $20-$30 million payouts aren't worth their trouble.
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Yancy Street Gang Mar 07 2007 02:19 PM |
I hate it when my co-workers do that "everybody chip in thing".
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Nymr83 Mar 07 2007 03:34 PM |
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personally i say if theres going to be gambling the gov't might as well be getting a piece of the action, in slightly decreases the tax burden on the intelligent people which is fine by me.
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Yancy Street Gang Mar 07 2007 03:50 PM |
I kind of agree with that. If all taxes were paid by chumps, it would be easier to avoid paying taxes.
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RealityChuck Mar 07 2007 03:59 PM |
The lottery is a tax on people who don't understand math.
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iramets Mar 07 2007 04:13 PM |
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And a far greater chance that any given member of a Cubs' messageboard will commit suicide tomorrow...
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Edgy DC Mar 07 2007 04:14 PM |
You know, as long as we take an exploit the ignorant attitude toward taxpaying, the more we will find ourselves to be the ignorant exploited.
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iramets Mar 07 2007 04:51 PM |
It sounds like all you people know a good deal about odds, social economics, regressive taxation, allocation of revenue and lots of other intensely intellectual subjects, but I think with all your fancy knowledge you're forgetting one simple truth: "You never know."
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KC Mar 07 2007 05:05 PM |
"One never knows, do one?" -- Fats Waller
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KC Mar 07 2007 05:14 PM |
YSG: >>>I hate it when my co-workers do that "everybody chip in thing". <<<
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SI Metman Mar 07 2007 06:46 PM |
Yeah, but does your office have the nutty religious guy who becomes addicted to gambling when we all went in on a ticket?
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KC Mar 07 2007 07:40 PM |
Maybe he's an ex-gambler who replaced gambling with religion and this
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