Current Events > Lottery is a tax on people too dumb to understand probability.

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Genocet_10-325 10/20/18 12:19:59 AM #1:	If you want to gamble go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910833895] in Lottery is... [t:77114317]...</cite> <quote>If you want to gamble go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet</quote> ... Copied to Clipboard!
rikasa 10/20/18 12:20:59 AM #2:	they're buying hope (lol) --- you are not alone <cite>rikasa posted [p:910833933] in Lottery is... [t:77114317]...</cite> <quote>they're buying hope (lol)</quote> ... Copied to Clipboard!
SageHarpuiaHX 10/20/18 12:21:02 AM #3:	Genocet_10-325 posted... go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet Sounds like you're getting taxed for it too <cite>SageHarpuiaHX posted [p:910833935] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote> go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet</quote> Sounds like you're getting taxed for it too</quote> ... Copied to Clipboard!
Unbreakable 10/20/18 12:22:23 AM #4:	Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit) --- But Wait... there's more <cite>Unbreakable posted [p:910833983] in Lottery is... [t:77114317]...</cite> <quote>Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit)</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 12:26:15 AM #5:	Unbreakable posted... Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit) I used to work at a gas station that sold lottery tickets. Had a guy come in and ask me to check $300 worth of powerball tickets He won $8 --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910834114] in Lottery is... [t:77114317]...</cite> <quote><cite>Unbreakable posted...</cite> <quote>Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit)</quote> I used to work at a gas station that sold lottery tickets. Had a guy come in and ask me to check $300 worth of powerball tickets He won $8</quote> ... Copied to Clipboard!
Unbreakable 10/20/18 12:27:52 AM #6:	Genocet_10-325 posted... Unbreakable posted... Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit) I used to work at a gas station that sold lottery tickets. Had a guy come in and ask me to check $300 worth of powerball tickets He won $8 Well yeah, the more you buy, the worse the expected value. A single ticket was a relatively good bet this time around though. Even two tickets sent EV into negative --- But Wait... there's more <cite>Unbreakable posted [p:910834179] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>Unbreakable posted...</cite> <quote>Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit)</quote> I used to work at a gas station that sold lottery tickets. Had a guy come in and ask me to check $300 worth of powerball tickets He won $8</quote> Well yeah, the more you buy, the worse the expected value. A single ticket was a relatively good bet this time around though. Even two tickets sent EV into negative</quote> ... Copied to Clipboard!
Damn_Underscore 10/20/18 12:30:33 AM #7:	who cares if you spend a few bucks a week on lottery tickets why does this make people so mad? --- Shenmue II = best game of all time Shenmue = 2nd best game of all time <cite>Damn_Underscore posted [p:910834275] in Lottery is... [t:77114317]...</cite> <quote>who cares if you spend a few bucks a week on lottery tickets why does this make people so mad?</quote> ... Copied to Clipboard!
ImmatureContent 10/20/18 12:31:02 AM #8:	Someone will win eventually. Buying tickets pays for that person having their dream come true. Better than dropping a hundred bucks on a phone to line the pockets of corporations. --- NinjaMaster <cite>ImmatureContent posted [p:910834287] in Lottery is... [t:77114317]...</cite> <quote>Someone will win eventually. Buying tickets pays for that person having their dream come true. Better than dropping a hundred bucks on a phone to line the pockets of corporations.</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 12:35:04 AM #9:	ImmatureContent posted... Someone will win eventually. Buying tickets pays for that person having their dream come true. Better than dropping a hundred bucks on a phone to line the pockets of corporations. But the phone has a tangible benefit for me, while the former has absolutely none. --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910834429] in Lottery is... [t:77114317]...</cite> <quote><cite>ImmatureContent posted...</cite> <quote>Someone will win eventually. Buying tickets pays for that person having their dream come true. Better than dropping a hundred bucks on a phone to line the pockets of corporations.</quote> But the phone has a tangible benefit for me, while the former has absolutely none.</quote> ... Copied to Clipboard!
SquirrelyDan 10/20/18 12:35:36 AM #10:	Yeah. People should spend their money on other vices, right TC? --- Rams fan in L.A., then in St. Louis, and in L.A. again <cite>SquirrelyDan posted [p:910834449] in Lottery is... [t:77114317]...</cite> <quote>Yeah. People should spend their money on other vices, right TC?</quote> ... Copied to Clipboard!
Questionmarktarius 10/20/18 12:35:57 AM #11:	What, really, is the harm in an Idiot Tax? <cite>Questionmarktarius posted [p:910834469] in Lottery is... [t:77114317]...</cite> <quote>What, really, is the harm in an Idiot Tax?</quote> ... Copied to Clipboard!
spudger 10/20/18 12:37:00 AM #12:	sigh here's this stupid topic again... --- -Only dead fish swim with the current http://error1355.com/ce/spudger.html <cite>spudger posted [p:910834509] in Lottery is... [t:77114317]...</cite> <quote>sigh here's this stupid topic again...</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 12:37:24 AM #13:	SquirrelyDan posted... Yeah. People should spend their money on other vices, right TC? I'd rather spend money on something that would bring me some form of happiness or entertainment rather than a useless slip of paper. --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910834528] in Lottery is... [t:77114317]...</cite> <quote><cite>SquirrelyDan posted...</cite> <quote>Yeah. People should spend their money on other vices, right TC?</quote> I'd rather spend money on something that would bring me some form of happiness or entertainment rather than a useless slip of paper.</quote> ... Copied to Clipboard!
rikasa 10/20/18 12:38:48 AM #14:	Questionmarktarius posted... What, really, is the harm in an Idiot Tax? Some states use it to fund college scholarships :) --- you are not alone <cite>rikasa posted [p:910834579] in Lottery is... [t:77114317]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>What, really, is the harm in an Idiot Tax?</quote> Some states use it to fund college scholarships :)</quote> ... Copied to Clipboard!
Unbreakable 10/20/18 12:39:05 AM #15:	Genocet_10-325 posted... SquirrelyDan posted... Yeah. People should spend their money on other vices, right TC? I'd rather spend money on something that would bring me some form of happiness or entertainment rather than a useless slip of paper. For a negligible amount (2 bucks), that small piece of paper has a very tiny chance (but a chance nonetheless) of bringing you all the happiness/entertainment in the world --- But Wait... there's more <cite>Unbreakable posted [p:910834589] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>SquirrelyDan posted...</cite> <quote>Yeah. People should spend their money on other vices, right TC?</quote> I'd rather spend money on something that would bring me some form of happiness or entertainment rather than a useless slip of paper.</quote> For a negligible amount (2 bucks), that small piece of paper has a very tiny chance (but a chance nonetheless) of bringing you all the happiness/entertainment in the world</quote> ... Copied to Clipboard!
creativerealms 10/20/18 12:41:58 AM #16:	True. I think it's stupid to spend a lot of money on lotto for that reason, but really if I am going to blow those two bucks on junk food anyway I might as well take a risk. --- Sarcasm is my basic function. <cite>creativerealms posted [p:910834697] in Lottery is... [t:77114317]...</cite> <quote>True. I think it's stupid to spend a lot of money on lotto for that reason, but really if I am going to blow those two bucks on junk food anyway I might as well take a risk.</quote> ... Copied to Clipboard!
__B0xxY2J0sHBK_ 10/20/18 12:43:05 AM #17:	Probability is for people too broke to afford a dollar --- Green Bay Packers: 3-2-1 Go Pack Go!! <cite>__B0xxY2J0sHBK_ posted [p:910834731] in Lottery is... [t:77114317]...</cite> <quote>Probability is for people too broke to afford a dollar</quote> ... Copied to Clipboard!
Questionmarktarius 10/20/18 12:45:16 AM #18:	rikasa posted... Questionmarktarius posted... What, really, is the harm in an Idiot Tax? Some states use it to fund college scholarships :) Most states use to fund who the fuck knows. The lotteries (and riverboats, for if you have a river) were sold to us for "the schools", but it's all just general piss-it-away funds. <cite>Questionmarktarius posted [p:910834828] in Lottery is... [t:77114317]...</cite> <quote><cite>rikasa posted...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>What, really, is the harm in an Idiot Tax?</quote> Some states use it to fund college scholarships :)</quote> Most states use to fund who the fuck knows. The lotteries (and riverboats, for if you have a river) were sold to us for "the schools", but it's all just general piss-it-away funds.</quote> ... Copied to Clipboard!
Muffinz0rz 10/20/18 12:47:35 AM #19:	Unbreakable posted... Genocet_10-325 posted... SquirrelyDan posted... Yeah. People should spend their money on other vices, right TC? I'd rather spend money on something that would bring me some form of happiness or entertainment rather than a useless slip of paper. For a negligible amount (2 bucks), that small piece of paper has a very tiny chance (but a chance nonetheless) of bringing you all the happiness/entertainment in the world but i thought money couldn't buy happiness (lol what a lie) --- Not removing this until Pat Benatar is in Super Smash Bros. (Started 8/31/2010) 2018 NFLB Autumnsim (3-3): https://imgur.com/vNWlGwD <cite>Muffinz0rz posted [p:910834925] in Lottery is... [t:77114317]...</cite> <quote><cite>Unbreakable posted...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>SquirrelyDan posted...</cite> <quote>Yeah. People should spend their money on other vices, right TC?</quote> I'd rather spend money on something that would bring me some form of happiness or entertainment rather than a useless slip of paper.</quote> For a negligible amount (2 bucks), that small piece of paper has a very tiny chance (but a chance nonetheless) of bringing you all the happiness/entertainment in the world</quote> but i thought money couldn't buy happiness (lol what a lie)</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 12:50:33 AM #20:	__B0xxY2J0sHBK_ posted... Probability is for people too broke to afford a dollar What a stupid post lmfao Didnt think that one through did ya? --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910835040] in Lottery is... [t:77114317]...</cite> <quote><cite>__B0xxY2J0sHBK_ posted...</cite> <quote>Probability is for people too broke to afford a dollar</quote> What a stupid post lmfao Didnt think that one through did ya?</quote> ... Copied to Clipboard!
Unbreakable 10/20/18 12:51:59 AM #21:	Genocet_10-325 posted... __B0xxY2J0sHBK_ posted... Probability is for people too broke to afford a dollar What a stupid post lmfao Didnt think that one through did ya? Scotty_Rogers aka PinkRanger aka Boxxy aka Josh is not exactly a paragon of intelligence --- But Wait... there's more <cite>Unbreakable posted [p:910835097] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>__B0xxY2J0sHBK_ posted...</cite> <quote>Probability is for people too broke to afford a dollar</quote> What a stupid post lmfao Didnt think that one through did ya?</quote> Scotty_Rogers aka PinkRanger aka Boxxy aka Josh is not exactly a paragon of intelligence</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 2:16:12 PM #22:	Bump --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910856715] in Lottery is... [t:77114317]...</cite> <quote>Bump</quote> ... Copied to Clipboard!
BlameAnesthesia 10/20/18 2:21:31 PM #23:	Spending hundreds on tickets is a bad investment and poor judgement, sure. Spending $2 on a single ticket for the entertainment value given a historically high jackpot is hardly the worst somebody could do. It's a short, fun craze for people to distract us from our lives. A tiny bit of workplace excitement when people form pools. Most people, except for the habitual purchasers, know they aren't going to win. That's not the point. But whatever. I guess a gas station clerk has to feel superior to others somehow. --- https://imgs.xkcd.com/comics/watson_medical_algorithm.png <cite>BlameAnesthesia posted [p:910856936] in Lottery is... [t:77114317]...</cite> <quote>Spending hundreds on tickets is a bad investment and poor judgement, sure. Spending $2 on a single ticket for the entertainment value given a historically high jackpot is hardly the worst somebody could do. It's a short, fun craze for people to distract us from our lives. A tiny bit of workplace excitement when people form pools. Most people, except for the habitual purchasers, know they aren't going to win. That's not the point. But whatever. I guess a gas station clerk has to feel superior to others somehow.</quote> ... Copied to Clipboard!
nemu 10/20/18 2:23:34 PM #24:	Why the need to sit atop your high horse? The argument can be made about any non-essential item anyone purchases. As long as you're not spending beyond your means, there is really nothing that can be called a stupid purchase. <cite>nemu posted [p:910857022] in Lottery is... [t:77114317]...</cite> <quote>Why the need to sit atop your high horse? The argument can be made about any non-essential item anyone purchases. As long as you're not spending beyond your means, there is really nothing that can be called a stupid purchase.</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 2:24:44 PM #25:	BlameAnesthesia posted... Spending hundreds on tickets is a bad investment and poor judgement, sure. Spending $2 on a single ticket for the entertainment value given a historically high jackpot is hardly the worst somebody could do. It's a short, fun craze for people to distract us from our lives. A tiny bit of workplace excitement when people form pools. Most people, except for the habitual purchasers, know they aren't going to win. That's not the point. But whatever. I guess a gas station clerk has to feel superior to others somehow. Former gas station clerk, thankfully I left that nightmare of a job for something far better paying that doesn't make me want to kill myself --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910857071] in Lottery is... [t:77114317]...</cite> <quote><cite>BlameAnesthesia posted...</cite> <quote>Spending hundreds on tickets is a bad investment and poor judgement, sure. Spending $2 on a single ticket for the entertainment value given a historically high jackpot is hardly the worst somebody could do. It's a short, fun craze for people to distract us from our lives. A tiny bit of workplace excitement when people form pools. Most people, except for the habitual purchasers, know they aren't going to win. That's not the point. But whatever. I guess a gas station clerk has to feel superior to others somehow.</quote> Former gas station clerk, thankfully I left that nightmare of a job for something far better paying that doesn't make me want to kill myself</quote> ... Copied to Clipboard!
Anteaterking 10/20/18 2:26:47 PM #26:	Playing the lottery isn't smart, but focusing on expected value isn't that smart either. --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg <cite>Anteaterking posted [p:910857168] in Lottery is... [t:77114317]...</cite> <quote>Playing the lottery isn't smart, but focusing on expected value isn't that smart either.</quote> ... Copied to Clipboard!
RiderofHogs 10/20/18 2:28:58 PM #27:	You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high. --- I hath returned. <cite>RiderofHogs posted [p:910857261] in Lottery is... [t:77114317]...</cite> <quote>You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high.</quote> ... Copied to Clipboard!
SpiralDrift 10/20/18 2:29:47 PM #28:	rikasa posted... they're buying hope (lol) This is also how elections work. --- Do unto others what your parents did to you. <cite>SpiralDrift posted [p:910857290] in Lottery is... [t:77114317]...</cite> <quote><cite>rikasa posted...</cite> <quote>they're buying hope (lol)</quote> This is also how elections work.</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 2:30:27 PM #29:	RiderofHogs posted... You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high. You also won't win if you do play. Whether the jackpot is 1 million or 5 billion your chances are still far beyond negligible. --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910857309] in Lottery is... [t:77114317]...</cite> <quote><cite>RiderofHogs posted...</cite> <quote>You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high.</quote> You also won't win if you do play. Whether the jackpot is 1 million or 5 billion your chances are still far beyond negligible.</quote> ... Copied to Clipboard!
TheCyborgNinja 10/20/18 2:32:15 PM #30:	SageHarpuiaHX posted... Genocet_10-325 posted... go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet Sounds like you're getting taxed for it too "When Vegas Met Its Match: The Genocet Story" --- "message parlor" ? do you mean the post office ? - SlayerX888 <cite>TheCyborgNinja posted [p:910857385] in Lottery is... [t:77114317]...</cite> <quote><cite>SageHarpuiaHX posted...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote> go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet</quote> Sounds like you're getting taxed for it too</quote> "When Vegas Met Its Match: The Genocet Story"</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 2:35:01 PM #31:	TheCyborgNinja posted... SageHarpuiaHX posted... Genocet_10-325 posted... go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet Sounds like you're getting taxed for it too "When Vegas Met Its Match: The Genocet Story" For games like blackjack the odds can be slightly over 50/50 if you know what youre doing. You may recognize that as slightly greater than 273 million to 1. --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910857495] in Lottery is... [t:77114317]...</cite> <quote><cite>TheCyborgNinja posted...</cite> <quote><cite>SageHarpuiaHX posted...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote> go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet</quote> Sounds like you're getting taxed for it too</quote> "When Vegas Met Its Match: The Genocet Story"</quote> For games like blackjack the odds can be slightly over 50/50 if you know what youre doing. You may recognize that as slightly greater than 273 million to 1.</quote> ... Copied to Clipboard!
Ray_Dorset 10/20/18 2:38:45 PM #32:	Genocet_10-325 posted... Unbreakable posted... Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit) I used to work at a gas station that sold lottery tickets. Had a guy come in and ask me to check $300 worth of powerball tickets He won $8 Way she goes boys. Fuckin way she goes --- Owner of https://imgtc.com/ <cite>Ray_Dorset posted [p:910857655] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>Unbreakable posted...</cite> <quote>Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. I also won 2 bucks. (2 profit)</quote> I used to work at a gas station that sold lottery tickets. Had a guy come in and ask me to check $300 worth of powerball tickets He won $8</quote> Way she goes boys. Fuckin way she goes</quote> ... Copied to Clipboard!
Jeff AKA Snoopy 10/20/18 2:40:48 PM #33:	What about for people in a workplace who all put in a buck for a shot every week? One less coffee a week for the SLIMMEST of chances at life altering money. --- https://i.imgtc.com/oKFWxht.jpg https://imgur.com/GWG5c3r <cite>Jeff AKA Snoopy posted [p:910857752] in Lottery is... [t:77114317]...</cite> <quote>What about for people in a workplace who all put in a buck for a shot every week? One less coffee a week for the SLIMMEST of chances at life altering money.</quote> ... Copied to Clipboard!
RiderofHogs 10/20/18 2:41:49 PM #34:	Genocet_10-325 posted... RiderofHogs posted... You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high. You also won't win if you do play. Whether the jackpot is 1 million or 5 billion your chances are still far beyond negligible. Someone will eventually win though. If you are not playing than you have 0% chance rather than a fraction of a chance. --- I hath returned. <cite>RiderofHogs posted [p:910857781] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>RiderofHogs posted...</cite> <quote>You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high.</quote> You also won't win if you do play. Whether the jackpot is 1 million or 5 billion your chances are still far beyond negligible.</quote> Someone will eventually win though. If you are not playing than you have 0% chance rather than a fraction of a chance.</quote> ... Copied to Clipboard!
DanHarenChamp 10/20/18 2:51:50 PM #35:	SageHarpuiaHX posted... Genocet_10-325 posted... go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet Sounds like you're getting taxed for it too --- literally the pacers <cite>DanHarenChamp posted [p:910858205] in Lottery is... [t:77114317]...</cite> <quote><cite>SageHarpuiaHX posted...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote> go to a damn casino or bet on sports so theres actually a realistic chance you're not flushing money down the toilet</quote> Sounds like you're getting taxed for it too</quote></quote> ... Copied to Clipboard!
YookaLaylee 10/20/18 2:55:36 PM #36:	RiderofHogs posted... Genocet_10-325 posted... RiderofHogs posted... You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high. You also won't win if you do play. Whether the jackpot is 1 million or 5 billion your chances are still far beyond negligible. Someone will eventually win though. If you are not playing than you have 0% chance rather than a fraction of a chance. Exactly --- https://media.giphy.com/media/26gsuNHaqCPgziZYA/giphy.gif <cite>YookaLaylee posted [p:910858360] in Lottery is... [t:77114317]...</cite> <quote><cite>RiderofHogs posted...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>RiderofHogs posted...</cite> <quote>You can't win if you don't play, and you have to be dumb not to buy at least one ticket when it is this high.</quote> You also won't win if you do play. Whether the jackpot is 1 million or 5 billion your chances are still far beyond negligible.</quote> Someone will eventually win though. If you are not playing than you have 0% chance rather than a fraction of a chance.</quote> Exactly</quote> ... Copied to Clipboard!
foreverzero212 10/20/18 2:55:56 PM #37:	So, TC, everything you do in your life is a positive value expectation? Like mathematically over time? No. This is a dumb overdone topic. --- lions and panthers oh my <cite>foreverzero212 posted [p:910858379] in Lottery is... [t:77114317]...</cite> <quote>So, TC, everything you do in your life is a positive value expectation? Like mathematically over time? No. This is a dumb overdone topic.</quote> ... Copied to Clipboard!
AsucaHayashi 10/20/18 2:59:47 PM #38:	meanwhile paying a bit more in taxes for universal healthcare... xd --- http://abload.de/img/pcgamingxtuvt.jpg https://imgur.com/9Yv0R2Z <cite>AsucaHayashi posted [p:910858561] in Lottery is... [t:77114317]...</cite> <quote>meanwhile paying a bit more in taxes for universal healthcare... xd</quote> ... Copied to Clipboard!
DevsBro 10/20/18 3:04:10 PM #39:	Yes but not exclusively. Some people actually gamble mostly for entertainment. But it's still highly addictive so either way it's probably a bad idea. --- 53 LIII 0b110101 p16 0x35 <cite>DevsBro posted [p:910858774] in Lottery is... [t:77114317]...</cite> <quote>Yes but not exclusively. Some people actually gamble mostly for entertainment. But it's still highly addictive so either way it's probably a bad idea.</quote> ... Copied to Clipboard!
Allanon23 10/20/18 3:06:11 PM #40:	Unbreakable posted... Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. Yep --- Attention campers, lunch has been cancelled today due to lack of hustle. Deal with it. Current LP: Dragon Quest XI <cite>Allanon23 posted [p:910858846] in Lottery is... [t:77114317]...</cite> <quote><cite>Unbreakable posted...</cite> <quote>Actually expected value was positive for this one. There's a breaking point in the jackpot where EV goes from negative to positive. Napkin math puts this one above it. </quote> Yep</quote> ... Copied to Clipboard!
CanuckCowboy 10/20/18 3:06:49 PM #41:	Partially wrong. It's a tax on the desperate at least as much as the stupid. --- "I got a rollatruc, look." <cite>CanuckCowboy posted [p:910858869] in Lottery is... [t:77114317]...</cite> <quote>Partially wrong. It's a tax on the desperate at least as much as the stupid.</quote> ... Copied to Clipboard!
CanuckCowboy 10/20/18 3:08:30 PM #42:	Also why the fuck would I want to go to a casino? I hate casinos. There's a big different between dropping an extra 5 on a ticket while yer buying gas or coffee at 711 and spending hours in some horrible loud place with shitty lights flashing everywhere. --- "I got a rollatruc, look." <cite>CanuckCowboy posted [p:910858927] in Lottery is... [t:77114317]...</cite> <quote>Also why the fuck would I want to go to a casino? I hate casinos. There's a big different between dropping an extra 5 on a ticket while yer buying gas or coffee at 711 and spending hours in some horrible loud place with shitty lights flashing everywhere.</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 3:10:50 PM #43:	CanuckCowboy posted... Also why the fuck would I want to go to a casino? I hate casinos. There's a big different between dropping an extra 5 on a ticket while yer buying gas or coffee at 711 and spending hours in some horrible loud place with shitty lights flashing everywhere. You can gamble online you know. --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910859018] in Lottery is... [t:77114317]...</cite> <quote><cite>CanuckCowboy posted...</cite> <quote>Also why the fuck would I want to go to a casino? I hate casinos. There's a big different between dropping an extra 5 on a ticket while yer buying gas or coffee at 711 and spending hours in some horrible loud place with shitty lights flashing everywhere.</quote> You can gamble online you know.</quote> ... Copied to Clipboard!
CanuckCowboy 10/20/18 3:12:24 PM #44:	Genocet_10-325 posted... CanuckCowboy posted... Also why the fuck would I want to go to a casino? I hate casinos. There's a big different between dropping an extra 5 on a ticket while yer buying gas or coffee at 711 and spending hours in some horrible loud place with shitty lights flashing everywhere. You can gamble online you know. Still takes more time and inclination by far than going "and a lotto max" while in line already anyways. --- "I got a rollatruc, look." <cite>CanuckCowboy posted [p:910859073] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>CanuckCowboy posted...</cite> <quote>Also why the fuck would I want to go to a casino? I hate casinos. There's a big different between dropping an extra 5 on a ticket while yer buying gas or coffee at 711 and spending hours in some horrible loud place with shitty lights flashing everywhere.</quote> You can gamble online you know.</quote> Still takes more time and inclination by far than going "and a lotto max" while in line already anyways.</quote> ... Copied to Clipboard!
SquirrelyDan 10/20/18 3:15:28 PM #45:	Nobody is thinking of EV when they buy a lottery ticket ffs. Just like a certain user here isn't thinking about how long his opiates will each last vs the $ he's spent on them. Just enjoy whatever 'highs' you get in your life and stop trying to bring others down because your supplier is 'dry' at the moment or you're between refills. --- Rams fan in L.A., then in St. Louis, and in L.A. again <cite>SquirrelyDan posted [p:910859219] in Lottery is... [t:77114317]...</cite> <quote>Nobody is thinking of EV when they buy a lottery ticket ffs. Just like a certain user here isn't thinking about how long his opiates will each last vs the $ he's spent on them. Just enjoy whatever 'highs' you get in your life and stop trying to bring others down because your supplier is 'dry' at the moment or you're between refills.</quote> ... Copied to Clipboard!
Genocet_10-325 10/20/18 3:16:48 PM #46:	SquirrelyDan posted... Nobody is thinking of EV when they buy a lottery ticket ffs. Just like a certain user here isn't thinking about how long his opiates will each last vs the $ he's spent on them. Just enjoy whatever 'highs' you get in your life and stop trying to bring others down because your supplier is 'dry' at the moment or you're between refills. You seem upset. --- No one triggers the Trumpanzees quite like you do - Bullet_Wing Conservatism is a plague on society. Formerly known as The_Great_Geno. <cite>Genocet_10-325 posted [p:910859274] in Lottery is... [t:77114317]...</cite> <quote><cite>SquirrelyDan posted...</cite> <quote>Nobody is thinking of EV when they buy a lottery ticket ffs. Just like a certain user here isn't thinking about how long his opiates will each last vs the $ he's spent on them. Just enjoy whatever 'highs' you get in your life and stop trying to bring others down because your supplier is 'dry' at the moment or you're between refills.</quote> You seem upset.</quote> ... Copied to Clipboard!
SquirrelyDan 10/20/18 3:20:43 PM #47:	Genocet_10-325 posted... SquirrelyDan posted... Nobody is thinking of EV when they buy a lottery ticket ffs. Just like a certain user here isn't thinking about how long his opiates will each last vs the $ he's spent on them. Just enjoy whatever 'highs' you get in your life and stop trying to bring others down because your supplier is 'dry' at the moment or you're between refills. You seem upset. Not at all. --- Rams fan in L.A., then in St. Louis, and in L.A. again <cite>SquirrelyDan posted [p:910859446] in Lottery is... [t:77114317]...</cite> <quote><cite>Genocet_10-325 posted...</cite> <quote><cite>SquirrelyDan posted...</cite> <quote>Nobody is thinking of EV when they buy a lottery ticket ffs. Just like a certain user here isn't thinking about how long his opiates will each last vs the $ he's spent on them. Just enjoy whatever 'highs' you get in your life and stop trying to bring others down because your supplier is 'dry' at the moment or you're between refills.</quote> You seem upset.</quote> Not at all.</quote> ... Copied to Clipboard!
Pepys Monster 10/20/18 3:22:36 PM #48:	You can't win if you don't play. --- GOML <cite>Pepys Monster posted [p:910859525] in Lottery is... [t:77114317]...</cite> <quote>You can't win if you don't play.</quote> ... Copied to Clipboard!
Brig_Jackson 10/20/18 3:29:10 PM #49:	This is a dumb fuckin logic. Its like moron hour on CE --- The one and only <cite>Brig_Jackson posted [p:910859821] in Lottery is... [t:77114317]...</cite> <quote>This is a dumb fuckin logic. Its like moron hour on CE</quote> ... Copied to Clipboard!
DevsBro 10/20/18 4:25:24 PM #50:	Brig_Jackson posted... This is a dumb fuckin logic. Its like moron hour on CE I remember the last time we had moron hour on CE. Of course, it was only an hour ago. --- 53 LIII 0b110101 p16 0x35 <cite>DevsBro posted [p:910862230] in Lottery is... [t:77114317]...</cite> <quote><cite>Brig_Jackson posted...</cite> <quote>This is a dumb fuckin logic. Its like moron hour on CE</quote> I remember the last time we had moron hour on CE. Of course, it was only an hour ago.</quote> ... Copied to Clipboard!
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Current Events > Lottery is a tax on people too dumb to understand probability. (+) Yeah! (+)

Current Events > Lottery is a tax on people too dumb to understand probability.