Current Events > $500 in cash or $1,000 in scratch offs.

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Frostmourne 01/15/20 4:51:31 PM #1:	Which one would you choose? $500 in cash. $1,000 in lottery scratch offs. Which one would you choose? - Results (9 votes) $500 in cash. 66.67% (6 votes) 6 $1,000 in lottery scratch offs. 33.33% (3 votes) 3 If you had to choose between the two. Which one would it be? --- Frostmourne hungers. <cite>Frostmourne posted [p:932978208] in $500 in ca... [t:78333073]...</cite> <quote> Which one would you choose? $500 in cash. $1,000 in lottery scratch offs. Vote View Results Which one would you choose? - Results (9 votes) $500 in cash. 66.67% (6 votes) 6 $1,000 in lottery scratch offs. 33.33% (3 votes) 3 Show Voting Form If you had to choose between the two. Which one would it be?</quote> ... Copied to Clipboard!
CosmicShadows 01/15/20 5:23:18 PM #2:	Lottery tickets. You are bound to win something. <_< --- Formally Shadowblade320. <cite>CosmicShadows posted [p:932979554] in $500 in ca... [t:78333073]...</cite> <quote>Lottery tickets. You are bound to win something. <_<</quote> ... Copied to Clipboard!
malenz 01/15/20 5:24:45 PM #3:	CosmicShadows posted... Lottery tickets. You are bound to win something. <_< yeah like $20 or $50 <cite>malenz posted [p:932979607] in $500 in ca... [t:78333073]...</cite> <quote>CosmicShadows posted... </cite> <quote>Lottery tickets. You are bound to win something. <_<</quote>yeah like $20 or $50 </quote> ... Copied to Clipboard!
nemu 01/15/20 5:25:58 PM #4:	$500 isn't particularly a lot, so I guess the scratch tickets just because it'd be a bit fun. <cite>nemu posted [p:932979670] in $500 in ca... [t:78333073]...</cite> <quote>$500 isn't particularly a lot, so I guess the scratch tickets just because it'd be a bit fun. </quote> ... Copied to Clipboard!
El Mexicano Texano 01/15/20 5:27:24 PM #5:	Scratch offs you're going to get about 60-70% profit normally. --- http://i306.photobucket.com/albums/nn255/5EMTwE/GFaqs/Houston.jpg <cite>El Mexicano Texano posted [p:932979750] in $500 in ca... [t:78333073]...</cite> <quote>Scratch offs you're going to get about 60-70% profit normally. </quote> ... Copied to Clipboard!
Master_Bass 01/15/20 5:27:42 PM #6:	I'd take the cash since it's a sure thing. $500 isn't much, but it would be a nice little windfall for something fun. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:932979763] in $500 in ca... [t:78333073]...</cite> <quote>I'd take the cash since it's a sure thing. $500 isn't much, but it would be a nice little windfall for something fun.</quote> ... Copied to Clipboard!
Purely 01/15/20 5:28:08 PM #7:	$500 is nice but nothing all that special. The lottery tickets could be life changing, and even if it's a bunch of losers, you're bound to get at least half that back. Totally worth taking the risk. <cite>Purely posted [p:932979787] in $500 in ca... [t:78333073]...</cite> <quote>$500 is nice but nothing all that special. The lottery tickets could be life changing, and even if it's a bunch of losers, you're bound to get at least half that back. Totally worth taking the risk. </quote> ... Copied to Clipboard!
fohstick 01/15/20 5:34:48 PM #8:	$500 You're better off getting struck by lightning than winning the lotto <cite>fohstick posted [p:932980094] in $500 in ca... [t:78333073]...</cite> <quote>$500 You're better off getting struck by lightning than winning the lotto </quote> ... Copied to Clipboard!
Umbreon 01/15/20 5:35:43 PM #9:	$500 I don't trust my luck with the lotto. --- This is a mobile account, forgive any errors. ~DYL~ 12-18-19: Donald Trump has been impeached. <cite>Umbreon posted [p:932980132] in $500 in ca... [t:78333073]...</cite> <quote>$500 I don't trust my luck with the lotto. </quote> ... Copied to Clipboard!
IdiotMachine 01/15/20 5:36:23 PM #10:	fohstick posted... $500 You're better off getting struck by lightning than winning the lotto The jackpot, yes, but not the lower winnings. The question posed by the OP has an objective better answer, if you spend the time to calculate the odds and factor in opportunity costs, but... AIN'T NOBODY GOT TIME FOR THAT. --- https://imgur.com/XNEdLrJ <cite>IdiotMachine posted [p:932980157] in $500 in ca... [t:78333073]...</cite> <quote>fohstick posted... </cite> <quote>$500 You're better off getting struck by lightning than winning the lotto</quote>The jackpot, yes, but not the lower winnings. The question posed by the OP has an objective better answer, if you spend the time to calculate the odds and factor in opportunity costs, but... AIN'T NOBODY GOT TIME FOR THAT. </quote> ... Copied to Clipboard!
Gobstoppers12 01/15/20 5:37:54 PM #11:	Give me the scratch-offs. I don't have any current bills or obligations that I'd need $500 for, so the prospect of possibly getting more than that for free is better than some random cash I'm going to waste anyway. --- I write Naruto Fanfiction. But I am definitely not a furry. <cite>Gobstoppers12 posted [p:932980221] in $500 in ca... [t:78333073]...</cite> <quote>Give me the scratch-offs. I don't have any current bills or obligations that I'd need $500 for, so the prospect of possibly getting more than that for free is better than some random cash I'm going to waste anyway. </quote> ... Copied to Clipboard!
EndOfDiscOne 01/15/20 5:42:47 PM #12:	fohstick posted... $500 You're better off getting struck by lightning than winning the lotto I too would rather get struck by lightning than win the lotto --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna *COMBINED!* <cite>EndOfDiscOne posted [p:932980440] in $500 in ca... [t:78333073]...</cite> <quote>fohstick posted... </cite> <quote>$500 You're better off getting struck by lightning than winning the lotto</quote>I too would rather get struck by lightning than win the lotto </quote> ... Copied to Clipboard!
gatorsPENSbucs 01/15/20 5:43:49 PM #13:	Easily the scratch offs. Id take $500 in scratch offs if I got to pick them. 10 $30 ones and 10 $20 ones and Id be set. --- https://imgur.com/pqMQZyw <cite>gatorsPENSbucs posted [p:932980480] in $500 in ca... [t:78333073]...</cite> <quote>Easily the scratch offs. Id take $500 in scratch offs if I got to pick them. 10 $30 ones and 10 $20 ones and Id be set. </quote> ... Copied to Clipboard!
Frostmourne 01/15/20 6:09:43 PM #14:	Close poll though. --- Frostmourne hungers. <cite>Frostmourne posted [p:932981549] in $500 in ca... [t:78333073]...</cite> <quote>Close poll though.</quote> ... Copied to Clipboard!
Unsugarized_Foo 01/15/20 6:11:21 PM #15:	Scratch offs. The odds are decent enough to get more than $500 --- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana <cite>Unsugarized_Foo posted [p:932981625] in $500 in ca... [t:78333073]...</cite> <quote>Scratch offs. The odds are decent enough to get more than $500 </quote> ... Copied to Clipboard!
fire_bolt 01/15/20 6:16:07 PM #16:	It is worth noting that losing lottery tickets can be deducted from your taxes if you happen to win enough to need to declare your winnings as taxes (or some other form of gambling such as casino winnings). Odds of winning a prize on a $1 scratcher are about 1 in 4 to 5 with the average winning ticket being worth about $2.50. So realistically you are on average making a decision between $500 cash and $500 in winning tickets plus $500 in tax deductions. I'd argue the scratchers are worth it for the offhand chance of getting something better unless you REALLY need the guaranteed cash. Source: Worked in a gas station when they first started selling lottery tickets in my state. Had to learn all this crap for the job EDIT: Source for $1 ticket odds. Trying to find average payout source, I know I used to have it https://cdn.discordapp.com/attachments/575845391199764482/667145577112535106/unknown.png --- Please, call me Bolt <cite>fire_bolt posted [p:932981794] in $500 in ca... [t:78333073]...</cite> <quote>It is worth noting that losing lottery tickets can be deducted from your taxes if you happen to win enough to need to declare your winnings as taxes (or some other form of gambling such as casino winnings). Odds of winning a prize on a $1 scratcher are about 1 in 4 to 5 with the average winning ticket being worth about $2.50. So realistically you are on average making a decision between $500 cash and $500 in winning tickets plus $500 in tax deductions. I'd argue the scratchers are worth it for the offhand chance of getting something better unless you REALLY need the guaranteed cash. Source: Worked in a gas station when they first started selling lottery tickets in my state. Had to learn all this crap for the job EDIT: Source for $1 ticket odds. Trying to find average payout source, I know I used to have it https://cdn.discordapp.com/attachments/575845391199764482/667145577112535106/unknown.png</quote> ... Copied to Clipboard!
Alkaloid 01/15/20 6:21:57 PM #17:	$500 because the time investment of going through $1000 in scratchers isn't worth whatever statistical profit I'm likely to get compared to getting the cash upfront --- Alkaloid: It's just water in a cup. <cite>Alkaloid posted [p:932981996] in $500 in ca... [t:78333073]...</cite> <quote>$500 because the time investment of going through $1000 in scratchers isn't worth whatever statistical profit I'm likely to get compared to getting the cash upfront </quote> ... Copied to Clipboard!
Hinxray 01/15/20 6:22:16 PM #18:	$500 really isn't much. Give me the $1000 in scratch off so I can maybe win a million. lol. Even if I win nothing, no biggie. --- Served 10 years in the army. Now living good. <cite>Hinxray posted [p:932982013] in $500 in ca... [t:78333073]...</cite> <quote>$500 really isn't much. Give me the $1000 in scratch off so I can maybe win a million. lol. Even if I win nothing, no biggie. </quote> ... Copied to Clipboard!
Purely 01/15/20 6:36:20 PM #19:	fire_bolt posted... It is worth noting that losing lottery tickets can be deducted from your taxes if you happen to win enough to need to declare your winnings as taxes (or some other form of gambling such as casino winnings). Odds of winning a prize on a $1 scratcher are about 1 in 4 to 5 with the average winning ticket being worth about $2.50. So realistically you are on average making a decision between $500 cash and $500 in winning tickets plus $500 in tax deductions. I'd argue the scratchers are worth it for the offhand chance of getting something better unless you REALLY need the guaranteed cash. Source: Worked in a gas station when they first started selling lottery tickets in my state. Had to learn all this crap for the job EDIT: Source for $1 ticket odds. Trying to find average payout source, I know I used to have it https://cdn.discordapp.com/attachments/575845391199764482/667145577112535106/unknown.png $1 tickets have the worst odds. <cite>Purely posted [p:932982652] in $500 in ca... [t:78333073]...</cite> <quote>fire_bolt posted... </cite> <quote>It is worth noting that losing lottery tickets can be deducted from your taxes if you happen to win enough to need to declare your winnings as taxes (or some other form of gambling such as casino winnings). Odds of winning a prize on a $1 scratcher are about 1 in 4 to 5 with the average winning ticket being worth about $2.50. So realistically you are on average making a decision between $500 cash and $500 in winning tickets plus $500 in tax deductions. I'd argue the scratchers are worth it for the offhand chance of getting something better unless you REALLY need the guaranteed cash. Source: Worked in a gas station when they first started selling lottery tickets in my state. Had to learn all this crap for the job EDIT: Source for $1 ticket odds. Trying to find average payout source, I know I used to have it https://cdn.discordapp.com/attachments/575845391199764482/667145577112535106/unknown.png</quote> $1 tickets have the worst odds. </quote> ... Copied to Clipboard!
Tyranthraxus 01/15/20 6:40:54 PM #20:	I think you're going to win about $500 on the tickets on average so I'll take that bet. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:932982852] in $500 in ca... [t:78333073]...</cite> <quote>I think you're going to win about $500 on the tickets on average so I'll take that bet. </quote> ... Copied to Clipboard!
fire_bolt 01/15/20 6:45:27 PM #21:	Purely posted... $1 tickets have the worst odds. Which is why I was using them. That's worst case scenario. The best odds my state has are on $30 tickets where the odds of winning are around 1 in 2.75 and the average prize is around $50 IIRC --- Please, call me Bolt <cite>fire_bolt posted [p:932983051] in $500 in ca... [t:78333073]...</cite> <quote>Purely posted...</cite> <quote> $1 tickets have the worst odds. </quote> Which is why I was using them. That's worst case scenario. The best odds my state has are on $30 tickets where the odds of winning are around 1 in 2.75 and the average prize is around $50 IIRC</quote> ... Copied to Clipboard!
Frostmourne 01/15/20 9:31:02 PM #22:	Hmm. <_< --- Frostmourne hungers. <cite>Frostmourne posted [p:932990352] in $500 in ca... [t:78333073]...</cite> <quote>Hmm. <_<</quote> ... Copied to Clipboard!
TheMikh 01/15/20 9:32:28 PM #23:	how much are the scratch-offs each, what is the probability of winning, and how much do they pay out this is important --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:932990422] in $500 in ca... [t:78333073]...</cite> <quote>how much are the scratch-offs each, what is the probability of winning, and how much do they pay out this is important </quote> ... Copied to Clipboard!
Vicious_Dios 01/15/20 9:34:19 PM #24:	Scratch offs. --- S / K / Y / N / E Twitch/YouTube/GT: *Adzeta* <cite>Vicious_Dios posted [p:932990497] in $500 in ca... [t:78333073]...</cite> <quote>Scratch offs. </quote> ... Copied to Clipboard!
samurai bandit 01/15/20 10:03:00 PM #25:	Scratch just for fun --- Go and watch Ef ~ A tale of memories now! <cite>samurai bandit posted [p:932991866] in $500 in ca... [t:78333073]...</cite> <quote>Scratch just for fun </quote> ... Copied to Clipboard!
Medussa 01/15/20 10:20:02 PM #26:	in my state, the tickets should have a higher EV. even discounting the harder hits. $1000 worth of $20 tickets would pay out, on average, $750. Or $620 ignoring any hit harder than 1200:1 $1000 worth of $2 tickets would pay out, on average, $660. Or $510 ignoring any hit harder than 1200:1 I'd gamble, unless you forced me to take $1 tickets. those might have a low enough EV, plus they're annoying and the Free Tickets are an added annoyance. --- Boom! That's right, this is all happening! You cannot change the channel now! ...found dead, in her bathtub. <cite>Medussa posted [p:932992592] in $500 in ca... [t:78333073]...</cite> <quote>in my state, the tickets should have a higher EV. even discounting the harder hits. $1000 worth of $20 tickets would pay out, on average, $750. Or $620 ignoring any hit harder than 1200:1 $1000 worth of $2 tickets would pay out, on average, $660. Or $510 ignoring any hit harder than 1200:1 I'd gamble, unless you forced me to take $1 tickets. those might have a low enough EV, plus they're annoying and the Free Tickets are an added annoyance. </quote> ... Copied to Clipboard!
Makeveli_lives 01/15/20 10:32:09 PM #27:	Bird in the hand is worth 2 in the bush, 500 --- Switch FC: SW-3917-4425-6106 PSN: PiKappaPhi769 <cite>Makeveli_lives posted [p:932993105] in $500 in ca... [t:78333073]...</cite> <quote>Bird in the hand is worth 2 in the bush, 500 </quote> ... Copied to Clipboard!
Frostmourne 01/16/20 1:03:04 AM #28:	I'd scratch just for the fun too. --- Frostmourne hungers. <cite>Frostmourne posted [p:932998575] in $500 in ca... [t:78333073]...</cite> <quote>I'd scratch just for the fun too.</quote> ... Copied to Clipboard!
gguirao 01/16/20 3:38:53 AM #29:	The guaranteed cash. --- Donald J. Trump--proof against government intelligence. <cite>gguirao posted [p:933002388] in $500 in ca... [t:78333073]...</cite> <quote>The guaranteed cash. </quote> ... Copied to Clipboard!
Disengaged 01/16/20 4:01:38 AM #30:	I'll take the 1000 bucks in scratch n sniff stickers. --- This is my signature. You read my signature. It sucked. <cite>Disengaged posted [p:933002778] in $500 in ca... [t:78333073]...</cite> <quote>I'll take the 1000 bucks in scratch n sniff stickers. </quote> ... Copied to Clipboard!
ssjevot 01/16/20 4:06:30 AM #31:	If it's $1 tickets that sounds like a chore. If they're bigger ones that isn't so bad. --- Favorite Games: BlazBlue: Central Fiction, Street Fighter III: Third Strike, Bayonetta, Bloodborne thats a username you habe - chuckyhacksss <cite>ssjevot posted [p:933002847] in $500 in ca... [t:78333073]...</cite> <quote>If it's $1 tickets that sounds like a chore. If they're bigger ones that isn't so bad. </quote> ... Copied to Clipboard!
DrizztLink 01/16/20 4:07:39 AM #32:	500 is 500, but I could win anything from scratch tickets. I could even win 500! --- http://guidesmedia.ign.com/guides/9846/images/slowpoke.gif https://imgur.com/6ezFwG1 <cite>DrizztLink posted [p:933002868] in $500 in ca... [t:78333073]...</cite> <quote>500 is 500, but I could win anything from scratch tickets. I could even win 500! </quote> ... Copied to Clipboard!
ssjevot 01/16/20 4:08:17 AM #33:	DrizztLink posted... 500 is 500, but I could win anything from scratch tickets. I could even win 500! Sick reference bro. --- Favorite Games: BlazBlue: Central Fiction, Street Fighter III: Third Strike, Bayonetta, Bloodborne thats a username you habe - chuckyhacksss <cite>ssjevot posted [p:933002879] in $500 in ca... [t:78333073]...</cite> <quote>DrizztLink posted... </cite> <quote>500 is 500, but I could win anything from scratch tickets. I could even win 500!</quote> Sick reference bro. </quote> ... Copied to Clipboard!
toyota 01/16/20 5:20:52 AM #34:	I personally know someone who won $250k from a scratch off so id try my luck lmao <cite>toyota posted [p:933003911] in $500 in ca... [t:78333073]...</cite> <quote>I personally know someone who won $250k from a scratch off so id try my luck lmao </quote> ... Copied to Clipboard!
SiO4 01/16/20 5:29:04 AM #35:	El Mexicano Texano posted... Scratch offs you're going to get about 60-70% profit normally. Profit?...You mean return. 60 - 70% is a 40 - 30% loss. --- "Whatever the reason you're on Mars, I'm glad you're there, and I wish I was with you." ~Carl Sagan. Currently playing: Flight Simulator X.~PC <cite>SiO4 posted [p:933004048] in $500 in ca... [t:78333073]...</cite> <quote>El Mexicano Texano posted...</cite> <quote>Scratch offs you're going to get about 60-70% profit normally. </quote> Profit?...You mean return. 60 - 70% is a 40 - 30% loss.</quote> ... Copied to Clipboard!
sLaCkEr408___RJ 01/16/20 5:30:39 AM #36:	EndOfDiscOne posted... I too would rather get struck by lightning than win the lotto Lol <cite>sLaCkEr408___RJ posted [p:933004067] in $500 in ca... [t:78333073]...</cite> <quote>EndOfDiscOne posted... </cite> <quote>I too would rather get struck by lightning than win the lotto</quote>Lol </quote> ... Copied to Clipboard!
Perascamin 01/16/20 5:49:20 AM #37:	Hinxray posted... $500 really isn't much. Give me the $1000 in scratch off so I can maybe win a million. lol. Even if I win nothing, no biggie. --- I've grown. <cite>Perascamin posted [p:933004360] in $500 in ca... [t:78333073]...</cite> <quote>Hinxray posted... </cite> <quote>$500 really isn't much. Give me the $1000 in scratch off so I can maybe win a million. lol. Even if I win nothing, no biggie.</quote> </quote> ... Copied to Clipboard!
solosnake 01/16/20 6:19:00 AM #38:	Easily $500. Who the fuck wants to scratch off $1000 worth of tickets, that sounds like a nightmare, the you would have all that scratch off dust everywhere for the end of time. Then you also have to go find somewhere to cash in the winning tickets --- "We would have no NBA possibly if they got rid of all the flopping." ~ Dwyane Wade https://imgur.com/MYYEIx5 https://imgur.com/WGE12ef <cite>solosnake posted [p:933004792] in $500 in ca... [t:78333073]...</cite> <quote>Easily $500. Who the fuck wants to scratch off $1000 worth of tickets, that sounds like a nightmare, the you would have all that scratch off dust everywhere for the end of time. Then you also have to go find somewhere to cash in the winning tickets </quote> ... Copied to Clipboard!
miki_sauvester 01/16/20 6:27:19 AM #39:	I'd just resell the scratch tickets to somebody who likes these things, at a discount if necessary. <cite>miki_sauvester posted [p:933004906] in $500 in ca... [t:78333073]...</cite> <quote>I'd just resell the scratch tickets to somebody who likes these things, at a discount if necessary.</quote> ... Copied to Clipboard!
fire_bolt 01/16/20 8:15:48 AM #40:	SiO4 posted... Profit?...You mean return. 60 - 70% is a 40 - 30% loss. Yeah but in this scenario even a 40% "loss" would be a 20% profit over taking the $500. Like, the odds are EXTREMELY in your favor that $1000 worth of scratchers pays back over $500 even if you get the worst odds $1 tickets. As long as the EV of your tickets is AT LEAST 50% of their purchase price then you'd break even with the cash --- Please, call me Bolt <cite>fire_bolt posted [p:933007145] in $500 in ca... [t:78333073]...</cite> <quote>SiO4 posted...</cite> <quote> Profit?...You mean return. 60 - 70% is a 40 - 30% loss.</quote> Yeah but in this scenario even a 40% "loss" would be a 20% profit over taking the $500. Like, the odds are EXTREMELY in your favor that $1000 worth of scratchers pays back over $500 even if you get the worst odds $1 tickets. As long as the EV of your tickets is AT LEAST 50% of their purchase price then you'd break even with the cash</quote> ... Copied to Clipboard!
DarkChozoGhost 01/16/20 10:32:11 AM #41:	Are they all the same type of ticket? I think that increases your odds --- My sister's dog bit a hole in my Super Mario Land cartridge. It still works though - Skye Reynolds 3DS FC: 3239-5612-0115 <cite>DarkChozoGhost posted [p:933015292] in $500 in ca... [t:78333073]...</cite> <quote>Are they all the same type of ticket? I think that increases your odds </quote> ... Copied to Clipboard!
Frostmourne 01/17/20 11:01:18 AM #42:	Hmm. <_< --- Frostmourne hungers. <cite>Frostmourne posted [p:933078067] in $500 in ca... [t:78333073]...</cite> <quote>Hmm. <_<</quote> ... Copied to Clipboard!
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Current Events > $500 in cash or $1,000 in scratch offs. (+) Yeah! (+)

Current Events > $500 in cash or $1,000 in scratch offs.