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(Fox 10 Phoenix)   Man wins $100,000 with lottery strategy he saw on TV. The strategy? BUY TICKETS   (fox10phoenix.com) divider line
    More: Amusing, Lottery, Mega Millions, Powerball, lottery experiment, South Carolina man, Multi-State Lottery Association, money-making idea, South Carolina Education Lottery  
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2565 clicks; posted to Main » on 27 Jun 2022 at 12:20 PM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-06-27 11:36:26 AM  
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2022-06-27 12:14:05 PM  
The secret? Good luck.
 
2022-06-27 12:26:36 PM  
And for him to win $100,000 remind what has to happen to all the other people buying lottery tickets?  I can't quite put my finger on it...
 
2022-06-27 12:26:39 PM  
imgs.xkcd.comView Full Size


/oblig.
 
2022-06-27 12:31:52 PM  
While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.
 
2022-06-27 12:33:24 PM  
I don't even think that qualifies as a strategy.  Props to whatever producer managed to get that on air in the first place.
 
2022-06-27 12:39:16 PM  
3-4 million previously-unsatisfied & unhappy readers of this story suddenly feel encouraged to continue doing the same thing as the man in the article.
 
2022-06-27 12:39:25 PM  
Anyone who feels the need to gamble can sent their gambling money to me and I'll let you know if you won!
 
2022-06-27 12:40:10 PM  

PaceyWhitter: In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense.


Only if you buy all the tickets.
 
2022-06-27 12:43:12 PM  
*smacks forehead*  Now why didn't I think of that?
 
2022-06-27 12:43:23 PM  
While I haven't won that much, I have won thousands of dollars with my strategy of not buying lottery tickets.
 
2022-06-27 12:43:37 PM  
I read this "news" in two different articles last night because I couldn't quite understand what the strategy was. Not that I'm planning on buying lottery tickets but I was curious about the strategy involved. "Can't win if you don't play" is not a strategy!
 
2022-06-27 12:44:52 PM  
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"I got scooped"
 
2022-06-27 12:47:17 PM  
The worst is when you're running late and need to get something at the store and you're standing in line behind that person picking different scratch off cards. It's always in slow motion too.

"I'll take 3 quick picks, and 3 number 38 scratch offs. No wait, make that 4 number 38 scratch offs, uhm, I'll take 2 number 50 scratch offs, wait? do I need 2 of those? um, no. Make that 4 number 25 scratch offs, did I mention I needed 3 quick picks?"

Happens every time I'm late I get stuck behind them.
 
2022-06-27 12:47:29 PM  
I've played the powerball exactly once in my life.  Much like people who sleep with me, I don't have any plans to try again.
 
2022-06-27 12:47:34 PM  

PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).


They generally design lotteries so that your expected net payoff is negative.  That's sort of the point.  The house always wins.
 
2022-06-27 12:48:19 PM  

PaceyWhitter: In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense


Such a lottery does not exist.
 
2022-06-27 12:49:36 PM  

PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.


It's needs to be said power ball cost 2 to 3 bucks. TWO !!!!! farking bucks. That's a Coca-Cola.
 
2022-06-27 12:49:49 PM  

Alien Robot: PaceyWhitter: In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense.

Only if you buy all the tickets.


I seem to recall a news article about a couple of States -- Virginia, in particular, I think -- where you could do that (like in the early 90s) but they've since uniformly changed the expected value (EV) to be less than the cost of the ticket and changed the rules so that you can't automate ticket purchases, which adds a considerable time investment component as well.
 
2022-06-27 12:55:15 PM  

waxbeans: PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.

It's needs to be said power ball cost 2 to 3 bucks. TWO !!!!! farking bucks. That's a Coca-Cola.


But nobody ever got diabetes from a losing Powerball ticket.
 
2022-06-27 12:56:51 PM  

PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.


I often have people tell that I should play the lottery because the chance of winning is so remote, but that's kind of the point isn't it? Small risk for a huge reward. I play Mega Millions, one ticket per draw, twice per week, for years. I never *expect* to win, I know how remote the chance is. But not by playing at all that chance is always going to be zero.

I've always said that you should never gamble with money you weren't willing to flush down a toilet. I'm willing to burn $4 per week for a tiny chance at millions. There are others who might disagree, but that's them, this is me.
 
2022-06-27 12:58:42 PM  
Shouldn't
 
2022-06-27 12:59:57 PM  

Vern: waxbeans: PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.

It's needs to be said power ball cost 2 to 3 bucks. TWO !!!!! farking bucks. That's a Coca-Cola.

But nobody ever got diabetes from a losing Powerball ticket.


Fair point.
 
2022-06-27 1:02:27 PM  

DoughyGuy: PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.

I often have people tell that I should play the lottery because the chance of winning is so remote, but that's kind of the point isn't it? Small risk for a huge reward. I play Mega Millions, one ticket per draw, twice per week, for years. I never *expect* to win, I know how remote the chance is. But not by playing at all that chance is always going to be zero.

I've always said that you should never gamble with money you weren't willing to flush down a toilet. I'm willing to burn $4 per week for a tiny chance at millions. There are others who might disagree, but that's them, this is me.


Keep it up and you'll be a lot less Doughy, guy.
 
2022-06-27 1:17:20 PM  
Everybody who wins has a strategy. Everybody who loses had a strategy. Oftentimes the exact same strategy.

It's almost as if strategy has nothing to do with it.
 
2022-06-27 1:17:21 PM  
Can't lose if you don't play.
 
2022-06-27 1:21:01 PM  
Solid tip and with the -75% payout on lottery odds he'll be up on that 100K in no time.

I play a ticket a game when it hits 400mil till it's won. It gives me time to think about cocaine and blackjack island of my own, some farkers invited.
 
2022-06-27 1:24:34 PM  

DoughyGuy: I'm willing to burn $4 per week for a tiny chance at millions.


It's a solid investment compared to the shiat I throw money away on. You can barely buy a beer these days with tip at a bar for $4. You'd probably have to find a place with Busch light draft and the bartender isn't going to be worth looking at.
 
2022-06-27 1:26:47 PM  

PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.


There was a couple in Michigan who figured out a loophole in Michigan's and Massachusetts' Winfall games where a ticket bought for $1 during a "roll-down" week, which is when the jackpot was worth $5 million or more, was worth more than a dollar as long as no one hit all six number during a "roll-down" week, and made $27 million over 9 years. It's now a movie "Jerry and Marge Go Large".

https://highline.huffingtonpost.com/articles/en/lotto-winners/
 
2022-06-27 1:29:51 PM  
Gambling strategies. They work so incredibly well, the people that come up with them don't bother to use them. Why? Because there's too much money to be made by getting idiots to buy into it. Many years ago when riverboat gambling first came to the St. Louis area I had a friend that saw a method on an infomercial late at night on how to win at roulette. He paid probably 20 or 30 bucks to learn the super-secret system. I went with him just to watch and get free drinks. Saw him burn through 500 bucks in about a half an hour.
 
2022-06-27 1:30:45 PM  

DoughyGuy: PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.

I often have people tell that I should play the lottery because the chance of winning is so remote, but that's kind of the point isn't it? Small risk for a huge reward. I play Mega Millions, one ticket per draw, twice per week, for years. I never *expect* to win, I know how remote the chance is. But not by playing at all that chance is always going to be zero.

I've always said that you should never gamble with money you weren't willing to flush down a toilet. I'm willing to burn $4 per week for a tiny chance at millions. There are others who might disagree, but that's them, this is me.


As I see it, there's all kinds of zero. What you're describing is a literal non-zero chance of winning, which exists, but is so infinitesimal that is effectively zero. At a human scale, your chances are zero whether you buy a ticket or not. Your money is yours to do with what you want, but giving someone money and knowing I'm getting nothing for it is not for me.
 
2022-06-27 1:30:52 PM  
Good God people are stupid.
 
2022-06-27 1:33:00 PM  
About 20-25 years ago I was watching a morning TV show (might have been the Today Show or GMA or one of those things) and a guest was plugging a book on winning lottery strategies. The premise was that there were historic patterns in lottery numbers that can help you win. "For an easy example, the winning numbers have never been all consecutive." Host: "But isn't 1-2-3-4-5-6 just as likely as any other combination?" Guest: "Why take that chance? Why play dumb when you can play smart?" (Awkward silence)
 
2022-06-27 1:37:12 PM  
This article sponsored  by Power Ball
 
2022-06-27 1:38:21 PM  

PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.


You can argue there's entertainment value as well. It's the fantasy, for a few hours, of being hypothetically rich. I won't criticize too much unless the person is an addict, like the guy TFA is glorifying.
 
2022-06-27 1:47:07 PM  

Super Chronic: About 20-25 years ago I was watching a morning TV show (might have been the Today Show or GMA or one of those things) and a guest was plugging a book on winning lottery strategies. The premise was that there were historic patterns in lottery numbers that can help you win. "For an easy example, the winning numbers have never been all consecutive." Host: "But isn't 1-2-3-4-5-6 just as likely as any other combination?" Guest: "Why take that chance? Why play dumb when you can play smart?" (Awkward silence)


No, it's super-unlikely - it's the combination to my luggage, and no one could guess that.
 
2022-06-27 1:49:56 PM  
I don't need these financial goals now that I've become a cam girl, if you send me $100 (EIP) I will sign you up for my channel while you receive business tips and my clothes start to fall off.

Blessed love!
 
2022-06-27 1:56:21 PM  

BunchaRubes: PaceyWhitter: In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense

Such a lottery does not exist.


It has happened a few times, always with progressive jackpots where the jackpot goes up and the price of the ticket remains the same.  They might  not exist anymore.

More likely, insiders of the corporations running the lottery for the state find and/or insert an exploit and milk it.  Pretty sure this happened about 10 years ago (might be 20 with my memory).

Alien Robot: PaceyWhitter: In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense.

Only if you buy all the tickets.


Super Chronic: About 20-25 years ago I was watching a morning TV show (might have been the Today Show or GMA or one of those things) and a guest was plugging a book on winning lottery strategies. The premise was that there were historic patterns in lottery numbers that can help you win. "For an easy example, the winning numbers have never been all consecutive." Host: "But isn't 1-2-3-4-5-6 just as likely as any other combination?" Guest: "Why take that chance? Why play dumb when you can play smart?" (Awkward silence)


Oddly enough, what you want are only numbers that other people aren't playing.  Your chances to win are the same, but you then have to share the prize with other people.  Note that the numbers really aren't all that equal (see above where certain balls were known to be lighter and more likely chosen) and that there is a grain of truth in this, but I'd suspect the number of people picking "known winners" is *worse* than random in that you are more likely to have to share the prize.

This isn't blackjack.  Unless you have insider knowledge it is almost always going to be a sucker game.  Sadly, plenty of broke people might be rationally figuring the odds that a megawin might have more utility to them than the couple bucks right now (jump right out of poverty).  Normally utility goes down logarithmically (making it even more a sucker's bet) but if you are more or less farked for good it might make sense.

/not sure of that last bit
//but refuse to condemn people for being "bad at math" when their situation isn't remotely like mine (been there, get it)
///but setting up lotteries to provide pork and tax cuts for the rich really grinds my gears
 
2022-06-27 1:59:18 PM  

Hey Nurse!: Gambling strategies. They work so incredibly well, the people that come up with them don't bother to use them. Why? Because there's too much money to be made by getting idiots to buy into it. Many years ago when riverboat gambling first came to the St. Louis area I had a friend that saw a method on an infomercial late at night on how to win at roulette. He paid probably 20 or 30 bucks to learn the super-secret system. I went with him just to watch and get free drinks. Saw him burn through 500 bucks in about a half an hour.


Just like those infomercials about how you can make millions investing in real estate and you just need to spend $500 for this special training program invented by this guy who made millions in real estate.

If he made so much money in real estate, why is he wasting time selling his stupid program and spreading the word? Either offer it for free if you're actually rich and want to help, or don't offer it at all.
 
2022-06-27 2:00:06 PM  

steklo: The worst is when you're running late and need to get something at the store and you're standing in line behind that person picking different scratch off cards. It's always in slow motion too.

"I'll take 3 quick picks, and 3 number 38 scratch offs. No wait, make that 4 number 38 scratch offs, uhm, I'll take 2 number 50 scratch offs, wait? do I need 2 of those? um, no. Make that 4 number 25 scratch offs, did I mention I needed 3 quick picks?"

Happens every time I'm late I get stuck behind them.


Playing the lottery is a science. I find the fact that these people can perform the required n-dimensional math in their heads while compensating for the people behind them flooding the karma and chakra lines with disruptive negative vibes to be inspiring and even a little bit sexy.
 
2022-06-27 2:00:19 PM  

DoughyGuy: PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

Still some people value a dollar more than a one in a million chance for a million dollars even if they are mathematically equal. A bird in the hand and all.

I often have people tell that I should play the lottery because the chance of winning is so remote, but that's kind of the point isn't it? Small risk for a huge reward. I play Mega Millions, one ticket per draw, twice per week, for years. I never *expect* to win, I know how remote the chance is. But not by playing at all that chance is always going to be zero.

I've always said that you should never gamble with money you weren't willing to flush down a toilet. I'm willing to burn $4 per week for a tiny chance at millions. There are others who might disagree, but that's them, this is me.


The thing is, poor people are desperate, and you're not.
 
2022-06-27 2:01:29 PM  
Apparently the exponential distribution of interarrival times is a thing.
 
2022-06-27 2:02:14 PM  

I'm an excellent driver: And for him to win $100,000 remind what has to happen to all the other people buying lottery tickets?  I can't quite put my finger on it...


50k people lost $2 but got to dream a bit.  Ever go to a casino, play cards for a few bucks or bet on a horse, game or go to a Chinese auction?

In everyone of those someone loses.  It's basically how gambling works and lotto is a gamble.
 
2022-06-27 2:06:31 PM  

pehvbot: While I haven't won that much, I have won thousands of dollars with my strategy of not buying lottery tickets.


I have won $18k  after an approximation of my entire life time worth gambling.
I like poker and play small games with friends and always lose but it's fun.  Played some slots at a casino once, didn't have fun and lost.  Won 2 small lotto 1 for 10k one for 8 and have enjoyed the daydreams it allows me to have.I also won 2 years of braces for my kid at a Chinese auction but not sure how to value that. So your up by not playing and I'm up by playing..... ooooh fun we have
 
2022-06-27 2:06:45 PM  

Iniamyen: Good God people are stupid.


Yeah right, everybody should stop liking what you don't like.
 
2022-06-27 2:19:20 PM  

yet_another_wumpus: Oddly enough, what you want are only numbers that other people aren't playing.  Your chances to win are the same, but you then have to share the prize with other people.  Note that the numbers really aren't all that equal (see above where certain balls were known to be lighter and more likely chosen) and that there is a grain of truth in this, but I'd suspect the number of people picking "known winners" is *worse* than random in that you are more likely to have to share the prize.


There was a case in the UK years ago where the six winning numbers were 'common' numbers that lots of people played, like one to thirty one for birthday, one to twelve for month etc and so many people won that the jackpot was quite small. In fact had you got five numbers and the bonus ball, the "Second" prize, you actually got more money.
 
2022-06-27 2:30:22 PM  

ameeriklane: Hey Nurse!: Gambling strategies. They work so incredibly well, the people that come up with them don't bother to use them. Why? Because there's too much money to be made by getting idiots to buy into it. Many years ago when riverboat gambling first came to the St. Louis area I had a friend that saw a method on an infomercial late at night on how to win at roulette. He paid probably 20 or 30 bucks to learn the super-secret system. I went with him just to watch and get free drinks. Saw him burn through 500 bucks in about a half an hour.

Just like those infomercials about how you can make millions investing in real estate and you just need to spend $500 for this special training program invented by this guy who made millions in real estate.

If he made so much money in real estate, why is he wasting time selling his stupid program and spreading the word? Either offer it for free if you're actually rich and want to help, or don't offer it at all.


That's what I tried to explain to my friend Kevin all those years ago. He fell for those get rich games all the time. One time he got in on this program to advertising a newspaper for 900 numbers, back when that was a thing. Is that prettiest one phone call - his own. He was curious how it works so he made the phone call himself. There's just one born every minute
 
2022-06-27 2:32:23 PM  

Creoena: I've played the powerball exactly once in my life.  Much like people who sleep with me, I don't have any plans to try again.


You thought you'd win?

What an odd comment.
 
2022-06-27 2:34:44 PM  

PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.


This, I guess. That run-down game that I think MI and maybe MD had before a savant and a Harvard kid both caught on to how that pay-off works if no one wins the actual game. Perfectly legal and I think the savant from MI ended up netting several million and used it to fix up his crumbling town. That 'Jerry and Marge Go Large' movie explains it better than I. Fun as it was, the movie was a bit too mawkish for me.
 
2022-06-27 2:35:05 PM  

Ambitwistor: PaceyWhitter: While a common refrain is that the lottery is a tax on people who can't do math, there are times where buying a lottery ticket mathematically makes sense.

In simple terms, if a 1 dollar lottery ticket has a one in a million chance of winning then all you need is for the payout to be over a million dollars for it to make mathematical sense. (It actually has to be higher to accout for the possibility of multiple winners, but not much depending on how many people play).

They generally design lotteries so that your expected net payoff is negative.  That's sort of the point.  The house always wins.


It's common for lotteries to have the price pool rollover.

That's not incompatible with having a house edge. Also, it's not generally, it's always.
 
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