45 thoughts on “April 15, 2018

  1. and here we see how lotteries work, anyone who can do the math can tell how much you loose by playing. If it is for the education system it is ok to screw the players out of money however.

      • But then you have zero chance at winning the $533 jackpot as opposed to nearly zero.

        The price of a single lottery ticket isn’t a significant amount to most of us. It’s unlikely to have a significant impact on your finances.

        • And that’s why my high school economics explained why since it’s the poor who statistically buy the most lottery tickets, piublic lotteries are considered regressive taxes.

        • This isn’t something to be disputed. You can look it up for any lottery. The average buyer of lottery tickets loose money. It’s like roulette were the bets match the odds sans 0 and 00.

    • Buy a ticket, don’t buy a ticket – you’re odds of winning are pretty much the same in a practical sense. But, I definitely recognize their entertainment value, so if you like ’em, have at it and best of luck.

  2. Generally , I have good luck with scratch-off . Win 200 € after 4 scratch- on a 5 € by example, it’s good and even if I buy enough rarely , I have always minimum the scratch-off price.

  3. I never buy them. I get a couple of scratch off tickets from a cousin at Christmas sometimes, but never win anything; the best I’ve ever done is won a free ticket.

  4. I won $28 on the first ticket I ever bought. The second ticket didn’t have a winning number, so I decided to quit while I was ahead of the game.

    Never bought another one.

  5. I used to work at a gas station and we had people who would be there for hours just scratching tickets. One guy would spend a few hundred buying the high price tickets trying to get the big winner and never did. Had one guy who kept saying “I have to win, I have to win, I need money, I have to win”….he caught me at a zero patience day so I told him he’d have money if he didn’t waste it scratching pieces of paper. Lottery is a waste of money and a waste of the clerk’s time.

    • “I have to win, I have to win, I need money, I have to win”

      That reminds me of an old racetrack saying: “I hope I break even today, I need the money.”

      • Sounds like someone in the grip of the “Gambler’s Ruin” mindset. that somehow the next win is around the corner, even though it never is.

    • There’s one guy where I work now that I’m considering confronting to tell him he needs help. He’ll get people on board to put up $50-100 each to buy an entire ROLL of scratch-offs, and so far they haven’t won anything substantial. I doubt they’ve even gotten back 1/5 of the money that was spent, especially as they’ve done it a couple different times. He also buys them on his own, plays poker at casinos, drinks relatively often, and eats out all the time (mentioned because they’re two more unnecessary things that he spends substantial amounts of money on), then constantly complains about being broke. Gee, you think the fact that you’re showing significant signs of a gambling addiction, plus have no concept of how to budget might have something to do with that?!?

  6. I remember a B.C. comic from the 90’s. It was a Wiley’s Dictionary definition of the Lottery –

    A game in which millions of idiots make one among them look like a genius…

  7. I buy scratch tickets every once in a while. I only buy the low cost ones (so, $1-$2), and only the ones that take forever the scratch (so the crossword or bingo ones.)

    If I don’t win, I was still entertained for a little bit at least.

  8. That is, unless you can predict the winning tickets without scratching.

    A little-known fact is some places will refund an unscratched ticket. You buy a roll, look at the information given, if you know the pattern, you can determine which are winners. Keep those tickets, return the rest for refund, then scratch the winners and collect.

    Of course, there’s also that thing with McDonalds where the company that printed the Monopoly pieces for them had a guy who would sell the winning pieces to people or give them to his friends.

  9. Remember in early 2016 when the Powerball jackpot was really high? And this was before it got to its highest point.

    My friend and I got out of work and we were on our way to Denny’s for dinner.

    Friend: So, Brammy, did you hear I won the Powerball?
    Me: Cool, bro, How much did you win?
    Friend: $4 out the $20 I spent on the tickets.
    Me: *face-palm* So I guess that means we we will still be co-workers and friends for a little while longer.
    Friend: We’ll still be friends if I win the Powerball? Why wouldn’t we be? Are you up for three weeks in Europe if I win?
    Me: Yeah, but we might have to wait a while to go. I don’t have a passport.
    Friend: Yeah. I need to get mine renewed.
    Me: You know something? If I win we will still be friends an coworkers. I plan on starting my own company and give you a job when I win. After three weeks in Europe.

  10. Yeah a fraction. Approximately 1/4 of what he’s spent. I remember my husband found a lottery ticket on the floor of some business which had not been scratched off yet. Someone must’ve dropped it. It turned out to be a $500 winner which helped us catch up on the rent (after a meal out of course). But I didn’t like receiving the money that way lest it become a snare for my husband to buy them. Still I’m not one to look a gift horse in the mouth.

  11. It’s been said before: “The lottery is taxation for the mathematically-challenged.”

    Which reminds me, I have to check my numbers.

  12. Two dollars a week is nothing for Donnie. I don’t know minimum wage in his state but it takes him what, 10 minutes to earn $2 probably? People throw that much away on a soda at a vending machine. At least with a ticket there’s a chance he could be rich. I heard on the radio this week some guy on a whim bought a dollar ticket and won $100,000. It would almost be stupid to NOT buy lottery tickets. $104 a year is nothing in the long run, but the payoff could be life changing.

  13. I don’t know why everyone’s so negative on the lottery. There are worse things to waste your money on, like cigarettes.

  14. While I will agree that math makes lotteries unlucrative, I will point out some of the value is in the entertainment. Like, I occasionally buy a ticket when the mega millions is really up there, or if there’s a particularly relevant scratch card, knowing I’ll probably lose, but I get a bit of entertainment from the “What would I do with the money” thoughts.

  15. I buy a Cash 4 Life ticket every month or so. Yes, I know I’m basically throwing that $2 in the trash, but $2 a month has a 0.00000000000% chance of changing my life. At least this way I have a 1 in 7,000,000 chance of changing my life.

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