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(Sun Sentinel)   The most gullible state in America, which will see more people buying Powerball tickets than any other state? Go on, guess   (sun-sentinel.com) divider line 176
    More: Florida, Powerball, Florida Lottery  
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6660 clicks; posted to Main » on 28 Nov 2012 at 10:28 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-28 09:23:44 AM
You have to admit, if we got a guy like the West Virginia winner to win from Florida, he'd probably break the Florida tag.
 
2012-11-28 10:30:08 AM
Gullible as in they bought into the idea that you have to be in it to win it? Wow, that's just...wow. How dumb do you have to be to believe that? I'll tell you, max dumb.
 
2012-11-28 10:30:32 AM
They like to brag about no income tax. They pay Stupidity Tax instead.
 
2012-11-28 10:30:49 AM
Thank you, Florida.
 
2012-11-28 10:32:18 AM

vincentfox: They like to brag about no income tax. They pay Stupidity Tax instead.


These are the people who work for the people who moved there because there's no income tax.
 
2012-11-28 10:33:09 AM
dawncompk.files.wordpress.com
 
2012-11-28 10:34:02 AM
I got a coffee, a muffin, and a quick-pick Powerball ticket this morning at 7-11. It's $2, BFD.
 
2012-11-28 10:34:03 AM
I don't understand why more people play powerball when it gets above $300 million. Do people not realize that $500 million and $100 million are exactly the same amount of money? Both are more than you can possibly spend in your entire life. The most expensive house you could ever possibly want is somewhere around $20 million. You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.
 
2012-11-28 10:34:13 AM
They all hope to win, retire and live near the ocean.
 
2012-11-28 10:34:39 AM
Florida citizens were told that lottery income would go toward public schools.

LOL
 
2012-11-28 10:34:50 AM
If you're going to play, you might as well when the payout is highest. Your odds are still the same.

/doesn't play
 
2012-11-28 10:34:50 AM
Old people love them some Lottery. I can't explain it. Maybe they seek redemption for all the wrong turns they've made throughout life: married the wrong person, farked up their kids, picked the wrong day to quit sniffing glue. Winning a couple hundred million (after taxes) would forgive all.
 
2012-11-28 10:34:50 AM
Nevermind the the New Yorkers' lined up around convenience stores?
 
2012-11-28 10:35:08 AM
Why all the hate for lottery players, I won 100k 15 years ago and a friend of mine hit 5 out of 6... TWICE.
 
2012-11-28 10:35:49 AM

Tommy Moo: I don't understand why more people play powerball when it gets above $300 million.


Rapmaster2000: If you're going to play, you might as well when the payout is highest. Your odds are still the same.


Fark is better than Yahoo Answers.
 
2012-11-28 10:36:21 AM
At least it's their choice to pay stupid tax. Got my ticket, come on lucky 7.
 
2012-11-28 10:37:44 AM

Tommy Moo: You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.


I'd take that challenge.

Maybe as a way to bolster the economy, there should be some sort of Brewster's Millions clause for the big jackpots.
 
2012-11-28 10:38:03 AM
Lottery is tax on people who can't do math. Except, if you do the math, the EV on a ticket for this jackpot (assuming only one winner) is $3.22, using the odds and payout from this article.

If you have 2 winners, your EV drops $1.79, still not horrible if you consider that the main value in a lottery ticket is enjoyment and excitement.

Subby is gullible in terms of believing everything he has read about how bad lotteries are.
 
2012-11-28 10:38:03 AM
I buy one random set of numbers good for ten drawings; $4 a week for a bit of entertaining fantasy. An $8 movie lasts only a couple of hours. Helluva deal.

I'd never blow $100 on one drawing no matter how big the pot got.
 
2012-11-28 10:38:14 AM
I have also noticed that the players in casinos are

Tommy Moo: I don't understand why more people play powerball when it gets above $300 million. Do people not realize that $500 million and $100 million are exactly the same amount of money? Both are more than you can possibly spend in your entire life. The most expensive house you could ever possibly want is somewhere around $20 million. You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.


From the track record of past "winners", it becomes not only possible, but certain that you can, nay will.

Do you really not understand why those in the waiting room are willing to take a long shot?
 
2012-11-28 10:38:48 AM
When I win, TOTAL FARK FOR EVERYONE!
 
2012-11-28 10:38:53 AM
Or perhaps the most inwittingly optimistic?
 
2012-11-28 10:39:12 AM

ChrisDe: They all hope to win, retire and live near the ocean.


I hope to win and donate $250k to a new charity...each week...for the rest of my life...and kids lives...
 
2012-11-28 10:39:41 AM

Rapmaster2000: If you're going to play, you might as well when the payout is highest. Your odds are still the same.

/doesn't play


Not entirely true. On the bigger payouts, there is a greater liklihood that someone will duplicate your winning numbers and dilute the main pot.
 
2012-11-28 10:40:13 AM

H31N0US: Old people love them some Lottery. I can't explain it. Maybe they seek redemption for all the wrong turns they've made throughout life: married the wrong person, farked up their kids, picked the wrong day to quit sniffing glue. Winning a couple hundred million (after taxes) would forgive all.


When you get old, it will be revealed.
Small bonus, but you gotta love the bonus you get, maybe not the one you want, but OLD is a reward best enjoyed young.
 
2012-11-28 10:40:33 AM

tricycleracer: I got a coffee, a muffin, and a quick-pick Powerball ticket this morning at 7-11. It's $2, BFD.


This.

For the slightest chance at $500 million I'll piss $2 away. I'll skip a bag of chips with lunch or something and call it even.
 
2012-11-28 10:41:01 AM

MycroftHolmes: Lottery is tax on people who can't do math. Except, if you do the math, the EV on a ticket for this jackpot (assuming only one winner) is $3.22, using the odds and payout from this article.

If you have 2 winners, your EV drops $1.79, still not horrible if you consider that the main value in a lottery ticket is enjoyment and excitement.

Subby is gullible in terms of believing everything he has read about how bad lotteries are.


Well, I would say it's bad for the guy in front of me at the liquor store buying 20 scratch-offs, three airplane bottles of vodak, and a Diet Coke.

I'm not saying my strict booze regimen is superior to his gambling regimen, but I'll probably get more enjoyment from my sixer of Dale's Pale Ale than he will from those scratch-offs... and for half the price.
 
2012-11-28 10:41:08 AM

Guns n' Farkin Roses: When I win, TOTAL FARK FOR EVERYONE!


I plan on buying Facebook and closing it.
 
2012-11-28 10:41:18 AM

BarkingUnicorn: I buy one random set of numbers good for ten drawings; $4 a week for a bit of entertaining fantasy. An $8 movie lasts only a couple of hours. Helluva deal.


Yet the knucklebreathers who blow $100 a week on video games and Firefly merchandise think you're stupid and can't math.
 
2012-11-28 10:41:18 AM

Tommy Moo: I don't understand why more people play powerball when it gets above $300 million. Do people not realize that $500 million and $100 million are exactly the same amount of money? Both are more than you can possibly spend in your entire life. The most expensive house you could ever possibly want is somewhere around $20 million. You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.


Maybe they want their parents and siblings to also have more money than they can ever spend.
 
2012-11-28 10:41:46 AM

drew is pedal: Why all the hate for lottery players, I won 100k 15 years ago and a friend of mine hit 5 out of 6... TWICE.


And no one I ever met, or anyone they've ever met has won more than $10. The odds are the odds, and they're remarkably long. You'd be way better off betting football or playing poker. Even then, the end result will be that most people get their money taken.
 
2012-11-28 10:41:48 AM
Tommy Moo: I don't understand why more people play powerball when it gets above $300 million. Do people not realize that $500 million and $100 million are exactly the same amount of money? Both are more than you can possibly spend in your entire life. The most expensive house you could ever possibly want is somewhere around $20 million. You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.

Over $175 million it becomes a "good" bet because the payout becomes greater than the odds of winning.
 
2012-11-28 10:42:03 AM

Tommy Moo: I don't understand why more people play powerball when it gets above $300 million. Do people not realize that $500 million and $100 million are exactly the same amount of money? Both are more than you can possibly spend in your entire life. The most expensive house you could ever possibly want is somewhere around $20 million. You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.


I'm one of those...

The only time I play is when the odds shift in favor of the person playing. i.e. the odds of winning are something around 150,000,000 / 1. If the payout (after tax) is greater than 150,000,000 then I buy one.

Now that doesn't account for other people picking the same number but I like to live dangerously...
 
2012-11-28 10:42:04 AM
I'm more worried about how my life would change for the worse if I won. All I really need is to have 0 debt and I will be much happier.
 
2012-11-28 10:42:08 AM
Dear God, of all perpetual holinesses, As we approach this season for suckers, give us strength to resist idiotic temptation and acts of blatant shenanigans, let us not forget our human dignity.
 
2012-11-28 10:42:23 AM

MycroftHolmes: Rapmaster2000: If you're going to play, you might as well when the payout is highest. Your odds are still the same.

/doesn't play

Not entirely true. On the bigger payouts, there is a greater liklihood that someone will duplicate your winning numbers and dilute the main pot.


Agreed. Not entirely true. Your breakdown was good.
 
2012-11-28 10:43:04 AM

KungFuJunkie: ChrisDe: They all hope to win, retire and live near the ocean.

I hope to win and donate $250k to a new charity...each week...for the rest of my life...and kids lives...


Yeah even with taxes and the hit you take for the cash option I still think you'd end up somewhere between $250-300 million. I'd keep just enough to be comfortable in a upper middle class lifestyle for the rest of my life, give some to friends and family, but the bulk would go to some good charities.
 
2012-11-28 10:43:14 AM

someguy945:

Maybe they want their parents and siblings to also have more money than they can ever spend.


Or maybe I want to see how fast my redneck cousins can OD.
 
2012-11-28 10:43:54 AM

Rapmaster2000: MycroftHolmes: Lottery is tax on people who can't do math. Except, if you do the math, the EV on a ticket for this jackpot (assuming only one winner) is $3.22, using the odds and payout from this article.

If you have 2 winners, your EV drops $1.79, still not horrible if you consider that the main value in a lottery ticket is enjoyment and excitement.

Subby is gullible in terms of believing everything he has read about how bad lotteries are.

Well, I would say it's bad for the guy in front of me at the liquor store buying 20 scratch-offs, three airplane bottles of vodak, and a Diet Coke.

I'm not saying my strict booze regimen is superior to his gambling regimen, but I'll probably get more enjoyment from my sixer of Dale's Pale Ale than he will from those scratch-offs... and for half the price.


Not talking about scratchoffs, or all lotteries, talking about tonight's drawing. In general, most lotteries and scratchoffs have a significantly negative EV. But tonight might be OK.
 
2012-11-28 10:43:55 AM
The odds of amassing $500 million through education, hard work, and prudent investment are as poor as the odds of hitting the lottery, yet more people spend more money playing the former sucker's game.
 
2012-11-28 10:44:06 AM
 
2012-11-28 10:44:21 AM

Tommy Moo: I don't understand why more people play powerball when it gets above $300 million. Do people not realize that $500 million and $100 million are exactly the same amount of money? Both are more than you can possibly spend in your entire life. The most expensive house you could ever possibly want is somewhere around $20 million. You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.


You are not trying hard enough.

www.janetober.com
 
2012-11-28 10:44:37 AM
I'm just going to get in the habit and post this in *every* Florida thread I'm happy to come across.

s4.tinypic.com
 
2012-11-28 10:44:45 AM

KungFuJunkie: ChrisDe: They all hope to win, retire and live near the ocean.

I hope to win and donate $250k to a new charity...each week...for the rest of my life...and kids lives...


At a burn rate of 13 million a year, I hope for your sake your returns on principle are somewhere between Greece bonds and Bernie Madoff's Ponzi scheme.
 
2012-11-28 10:44:49 AM
2 reasons for huge sales in Florida:

1) Its snowbird season, so all the other states multiple income retirees are here, and convinced they need more money

2) FL is still hurting BAD from the recession. Decent jobs are hard to find, foreclosures are still rampant. New home construction is still stagnant...and construction was the mainstay of the FL economy, even more than tourism. Most people here are either unemployed or underemployed...cant blame them for taking a chance.
 
2012-11-28 10:45:17 AM
I'll be tossing a buck at it.
 
2012-11-28 10:45:21 AM

snocone: I have also noticed that the players in casinos are Tommy Moo: I don't understand why more people play powerball when it gets above $300 million. Do people not realize that $500 million and $100 million are exactly the same amount of money? Both are more than you can possibly spend in your entire life. The most expensive house you could ever possibly want is somewhere around $20 million. You then have enough left over to spend $3000 every day for the rest of your life. I couldn't do that if I tried.

From the track record of past "winners", it becomes not only possible, but certain that you can, nay will.


Haven't you noticed that only the meltdowns get followup stories?
 
2012-11-28 10:45:37 AM

snocone: Guns n' Farkin Roses: When I win, TOTAL FARK FOR EVERYONE!

I plan on buying Facebook and closing it.


I think you might get a sainthood for that.
 
2012-11-28 10:45:46 AM

tricycleracer: I got a coffee, a muffin, and a quick-pick Powerball ticket this morning at 7-11. It's $2, BFD.


Yeah, I have no problem paying $2 to imagine for awhile what I would do with an insane amount of money. And really only $1 for me since my roommate and I go halfsies on them when it gets high.


/Bicycle chains in bulk. Dozens of them
//Gonna lock up the bikes of random asshat bike messengers in the city
///Deal with that for a while you sidewalk-riding, against-traffic-going, pedestrian-ignoring, helmet-lacking, fixie-owning assholes
///No jury in this town would convict me
 
2012-11-28 10:45:47 AM
Bought mine here in Pennsylvania, let the machine picked them but did not look at the numbers for superstition reasons and to make it more exciting for me. It would be awesome to win but would keep a strict vow of silence if I do. If I don't, I hope somebody else does so the madness about this will end.
 
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