Two Plus Two Newer Archives

Two Plus Two Newer Archives (http://archives1.twoplustwo.com/index.php)
-   Poker Beats, Brags, and Variance (http://archives1.twoplustwo.com/forumdisplay.php?f=56)
-   -   +EV Lottery Ticket (http://archives1.twoplustwo.com/showthread.php?t=438816)

XXXNoahXXX 06-29-2007 10:47 AM

+EV Lottery Ticket
 
Massachusetts is dumb. The whole point of a scratch ticket is the instant gratification of trying to become a millionaire as you walk out of the 7-11. So they decided to sell tickets where you don't find out if you won til 4th of July. Oh and the tickets cost $20. lol.

Turns out they haven't even sold enough to cover all the prizes they have guaranteed to give away.


So, +EV lottery ticket!

http://www.boston.com/news/local/massach..._to_break_even/

http://cache.boston.com/resize/bonza..._0649/410w.jpg

http://www.boston.com/business/globe/art...few_are_buying/

shortline99 06-29-2007 10:48 AM

Re: +EV Lottery Ticket
 
i think they may sell out on July 3rd

joeblack 06-29-2007 10:49 AM

Re: +EV Lottery Ticket
 
The lottery is a money making scam hosted by the government. QFT.

yourface 06-29-2007 10:49 AM

Re: +EV Lottery Ticket
 
[ QUOTE ]
The lottery is an idiot tax. QFT.

[/ QUOTE ]
QFT

Scuba974 06-29-2007 10:50 AM

Re: +EV Lottery Ticket
 
oh crap i almost forgot to buy one of those...i gotta do that like today or something

cobrakai111 06-29-2007 10:52 AM

Re: +EV Lottery Ticket
 
The lottery in MA almost singlehandedly helped keep this state afloat during the real rough financial times. I believe it nets almost a billion per year now.

hra146 06-29-2007 10:57 AM

Re: +EV Lottery Ticket
 
[ QUOTE ]
oh crap i almost forgot to buy one of those...i gotta do that like today or something

[/ QUOTE ]

one?

wtf, its +EV and you dont need to do anything except for BUYING something.

whats wrong? get 50

jasonfish11 06-29-2007 11:04 AM

Re: +EV Lottery Ticket
 
Ive had the though that if the lotto is over 66mil you have the right odds to play you have about 1/33,000,000 to win but 1/3 of it is taken away in taxes. So if the loto is over 66,000,000 you should go to a bank take out a 33,000,000 loan and buy 33,000,000 lotto tickets. One is bound to win. Pay off the loan and you are in the good by 11million.

Ill let someone else try this keep us informed in how it goes.

Capt. Busto 06-29-2007 11:29 AM

Re: +EV Lottery Ticket
 
[ QUOTE ]
Ive had the though that if the lotto is over 66mil you have the right odds to play you have about 1/33,000,000 to win but 1/3 of it is taken away in taxes. So if the loto is over 66,000,000 you should go to a bank take out a 33,000,000 loan and buy 33,000,000 lotto tickets. One is bound to win. Pay off the loan and you are in the good by 11million.

Ill let someone else try this keep us informed in how it goes.

[/ QUOTE ]

If there are multiple winners though, you split the prize and then you won't be able to pay the loan. Another problem you would encounter is buying up all the tickets. This takes alot of time and multiple terminals, so you would need to also pay people to go to various locations.

jasonfish11 06-29-2007 11:33 AM

Re: +EV Lottery Ticket
 
I think FGators should try it he has been running good lately.


All times are GMT -4. The time now is 11:33 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.