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-   -   how many mega millions tickets do you have bbv4l (http://archives1.twoplustwo.com/showthread.php?t=488432)

benza13 08-29-2007 05:05 AM

Re: how many mega millions tickets do you have bbv4l
 
here is an article with an example of a +ev drawing

DING-DONG YO 08-29-2007 07:10 AM

Re: how many mega millions tickets do you have bbv4l
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
I've heard of companies that somehow buy every single number in a lottery once it becomes +EV to do so. I'm not sure if the annuity is +EV at the moment (~ 1:175,000,000) on a $325,000,000 jackpot before taxes, or if it would be worthwhile to buy out a lottery for an annuity payment, but I'd like to know if these companies exist.

[/ QUOTE ]

I thought lotteries were never +EV

[/ QUOTE ]

When they get high enough they become +EV

[/ QUOTE ]

I sincerely doubt these companies exist. You have to factor in the chance of splitting the jackpot with someone.

[ QUOTE ]
Actually, what I would do is form a charitable remainder trust. That way, I won't pay any taxes on it.

[/ QUOTE ]

lol no, doesnt work that way

Quagmyer 08-29-2007 07:22 AM

Re: how many mega millions tickets do you have bbv4l
 
[ QUOTE ]
just looked at one of my tickets

wtf?

random quick pick my ass

numbers:

41 42 43 44 45

mega number: 40

[/ QUOTE ]

quick picks are rigged. I always pick my own numbers

as far as not telling anyone if you won, impossible. I'm pretty sure the lottory corp will make you sign something saying they can use your name for promotional use before paying you.

UnblinkingEye 08-29-2007 07:26 AM

Re: how many mega millions tickets do you have bbv4l
 
[ QUOTE ]
just looked at one of my tickets

wtf?

random quick pick my ass

numbers:

41 42 43 44 45

mega number: 40

[/ QUOTE ]

You hit 3 and the mega

DING-DONG YO 08-29-2007 07:30 AM

Re: how many mega millions tickets do you have bbv4l
 
[ QUOTE ]
[ QUOTE ]
just looked at one of my tickets

wtf?

random quick pick my ass

numbers:

41 42 43 44 45

mega number: 40

[/ QUOTE ]

quick picks are rigged. I always pick my own numbers

as far as not telling anyone if you won, impossible. I'm pretty sure the lottory corp will make you sign something saying they can use your name for promotional use before paying you.

[/ QUOTE ]

not true

Edit: I think it varies from state to state. I remember reading that you had the option to remain anonymous in GA, but I found this on the mega millions FAQ,

[ QUOTE ]
If I should win the jackpot, do I have the option of remaining anonymous as far as the public and the media are concerned?
In most states, lottery winner information is public domain, therefore it is public information. Publicized information normally includes the jackpot winner's name, city, county, game in which they won, date won, and the amount of the prize.

[/ QUOTE ]

That does suck, but I would just keep as low a profile as possible. No press conferences, interviews, Larry King, none of that [censored].

Interesting article

benza13 08-29-2007 07:38 AM

Re: how many mega millions tickets do you have bbv4l
 
[ QUOTE ]
[ QUOTE ]
I've heard of companies that somehow buy every single number in a lottery once it becomes +EV to do so. I'm not sure if the annuity is +EV at the moment (~ 1:175,000,000) on a $325,000,000 jackpot before taxes, or if it would be worthwhile to buy out a lottery for an annuity payment, but I'd like to know if these companies exist.

[/ QUOTE ]

I thought lotteries were never +EV

[/ QUOTE ]

When they get high enough they become +EV

[/ QUOTE ]

I sincerely doubt these companies exist. You have to factor in the chance of splitting the jackpot with someone.

[/ QUOTE ]



I didn't mean to suggest that these companies exist, I have no idea if they do. I was only pointing out that there is a point reached where the lottery becomes +EV

DING-DONG YO 08-29-2007 07:46 AM

Re: how many mega millions tickets do you have bbv4l
 
word Benza. I wasn't suggesting you did. Should have quoted the original comment.

wtfsvi 08-29-2007 07:47 AM

Re: how many mega millions tickets do you have bbv4l
 
[ QUOTE ]
as far as not telling anyone if you won, impossible. I'm pretty sure the lottory corp will make you sign something saying they can use your name for promotional use before paying you.

[/ QUOTE ] You'd think people would have to sign that before they bought the ticket. "Oh yeah you won $150mill. That's cool. Now just sign here that you are fine with us pimping you out to big black men 10 times a day for the next 40 years, and the money is yours."

edit: Just saw ddy's post above. That really blows.

Georgia Avenue 08-29-2007 09:10 AM

Re: how many mega millions tickets do you have bbv4l
 
OK I'm buying a ticket tonight. Triumph has to pick the numbers tho. That bamma be lucky like a mutha.

DING-DONG YO 08-29-2007 09:17 AM

Re: how many mega millions tickets do you have bbv4l
 
[ QUOTE ]
OK I'm buying a ticket tonight. Triumph has to pick the numbers tho. That bamma be lucky like a mutha.

[/ QUOTE ]

Just remember that DDY can help you sniff out investment scams when you win.

plz

pretty plz

with fatties on top


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