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(UPI)   These time travelers and their winning lottery numbers are really pissing us off   (upi.com) divider line
    More: Strange, English-language films, Massachusetts man, lottery jackpot, Michael Rocca of Pittsfield, Massachusetts State Lottery, Commerce, Massachusetts, June  
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3148 clicks; posted to Main » on 08 Jun 2021 at 9:17 AM (6 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



22 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
6 days ago  
Time travelers know where the good scratchies are?
 
6 days ago  
He happens to win another million just after 20 years of payments on his previous winnings ran out.


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6 days ago  
$1 million jackpot from the $4,000,000 Instant Jackpot instant ticket game after buying his ticket from Kirk's Variety and Hobby Store in Pittsfield.

Rocca chose the lump sum option for his prize and received a one-time payment of $650,000.


$350k after taxes. No word on where he'll spend the $200k prize though.
 
6 days ago  
Lucky bastard.
 
6 days ago  
If you're a time traveler, why the fark would you come to 2021? Morbid curiosity?
 
6 days ago  

Bowen: $1 million jackpot from the $4,000,000 Instant Jackpot instant ticket game after buying his ticket from Kirk's Variety and Hobby Store in Pittsfield.

Rocca chose the lump sum option for his prize and received a one-time payment of $650,000.

$350k after taxes. No word on where he'll spend the $200k prize though.


Lottery math. It doesn't make sense whether you buy or win.

Still do it, though.

In Australia, lottery winnings are windfall gains and not subject to tax. They get you when you spend it, with a GST.
 
6 days ago  
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6 days ago  
FTA:Rocca chose the lump sum option for his prize and received a one-time payment of $650,000.

I enjoy how the richest 25 Americans pay 3.4% in taxes, while this guy (and all large lotto winners) has 35% taken off the top.
 
6 days ago  

Aezetyr: If you're a time traveler, why the fark would you come to 2021? Morbid curiosity?


They're immune to COVID-19 and it's the last chance to see what the world is like... in the before time.

Before the emergence of Pewnack the Destroyer.

For as the fourth moon of Trollack rises above the Cylinder of Eyelass then Pewnack will strike.

His kingdom will be numberless and darkness will blight the land, all men shall be slaves and the time of weeping will begin.

So it is written in the runes of Ollerman-Goth, so it must be.

At least until Timothy Forrest goes to Saffron Walden and, after settling down with a job in a canning factory and being accepted by the local community, joins with Furlo Roth to seek the wise man Teece, who will lead them to Pewnack, and uses Berwhale the multi-bladed Avenger (cunningly disguised as a Swiss Army knife) to pierce his armor and free humankind from his bondage.

But I've said too much, if you'll pardon the pun.

/Was there no pun, I'm sorry.
//1, 8, 17, 19, 20, 28, 53, 59, 69, 77.
 
6 days ago  

akya: FTA:Rocca chose the lump sum option for his prize and received a one-time payment of $650,000.

I enjoy how the richest 25 Americans pay 3.4% in taxes, while this guy (and all large lotto winners) has 35% taken off the top.


dividends are taxes at a different rate than income

/rich gaming the system
 
6 days ago  
taxed
 
6 days ago  
People are so surprised when duplicate events like this occur, even though there's a 50% chance of anything happening - it will or it won't. It's not as though two consecutive coin flips coming up heads is strange.
 
6 days ago  
I'd be happy if something like this happened to me just once. Sure make taking care of my mother a hell of a lot easier.
 
6 days ago  
The million he won wouldn't be worth but 12¢ in his era. Compound interest is compounded by the inflation that is inherent in the system.

/ ya need to go back in time to make a buck.
// Or move to Haiti
/// Maybe both
 
6 days ago  

writingdude: People are so surprised when duplicate events like this occur, even though there's a 50% chance of anything happening - it will or it won't. It's not as though two consecutive coin flips coming up heads is strange.


Apparently big lottery winners often win again, but it's hardly that surprising. You take someone who is predisposed to playing the lottery, give him a big win so you validate his belief he can win, and give him lots of money that he can use to buy more tickets. Of course he's going to buy more tickets.

Still can't beat this guy. Won a car on a scratch ticket. Local TV did a report on him and asked him to re enact buying the ticket for the camera. Won a bigger prize live on camera.
Man wins money LIVE on TV (Australia)
Youtube 6R5MqxcKdV8
 
6 days ago  
And at the other end, his this kid blew his dads modest lottery win.
Lottery Winner Blows a Million in One Year
Youtube 8FuPDZLSTD0
 
6 days ago  
At least he's smart and self controlled enough to space his scam way out. It's the greedy bastards that cash "win" every year or two that get caught. The lottery is such a scam.
 
6 days ago  

writingdude: People are so surprised when duplicate events like this occur, even though there's a 50% chance of anything happening - it will or it won't. It's not as though two consecutive coin flips coming up heads is strange.


I can tell that you're a math guy.
 
6 days ago  
The odds of each win are small by finite. The a priori odds of two wins is very large, but a posteriori, having won the first win, the second win has small but finite odds again.

Let's say the chance of winning once is one in 4,000,000. Well 4,000,000 x 4,000,000 is a largish number, 16,000,000,000,000. But the chance of winning the second prize having won the first is the same as the first time, 1 in 4,000,000, which doesn't happen very often and almost assuredly won't happen to a random punter selected a priori, but is almost certain to happen if you keep holding lotteries which sell lots of tickets.

People don't distinguish between a priori calculations and calculations posited on one thing happening before the other. It's very rare to draw to a straight flush, but there are vast numbers of hands played each year, so the very unlikely is almost bound to happen once in a long while. That's because it is still possible given enough tries. The only thing which does not happen is the impossible, which is something so rare it never happens by definition, even in the life-span of a universe or a super-intelligent species that is good at math, including logic and probability.

Humans are rotten at even simple math, as a rule, but can be taught some basic logic, math and probability given enough years of education,

You can game the odds by playing a lot of tickets in one drawing--all of them would presumably guarantee a win, but playing one ticket in a lot of drawings leaves you with vanishing odds. The only reason people prefer to do it the stupid way is that they are not really buying a chance of winning. They are buying cheap hopes and dreams, with a very small chance of winning. People behave a bit more rationally than rationalists think, because the rationalists are dumber than half a brick. They may be no smarter or wiser than the punters on weekly lotteries.
 
6 days ago  
Even economists can be pretty oblivious to this argument. I tried it in a room full of professional economists and they laughed at me.

People are always laughing at me, but there is an infinte regress of smarter and better informed people to laugh at them, I delude myself into almost believing. And even if there isn't really, I laugh right back at the people who laugh at me because they don't get it.
 
6 days ago  
Don't be ridiculous, time travel is not real, they just have access to good psychics.
 
5 days ago  

ClicheRinpoche: writingdude: People are so surprised when duplicate events like this occur, even though there's a 50% chance of anything happening - it will or it won't. It's not as though two consecutive coin flips coming up heads is strange.

I can tell that you're a math guy.


Nah. I'm amused when math guys get the heebie-jeebies.
 
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