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  #16  
Old 07-27-2007, 01:31 PM
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Quote:
Originally Posted by JenTay View Post
about playing the lottery.

the odds of winning are so small therefore i don't play. but a coworker who does always says to me...."you can't win if you don't play".

technically true but practically idiotic.

help me with a snappy comeback please!
You won't win if you do play.

The only time I play is when PowerBall gets to like $150 mil, then I piss away $5 on tickets and daydream about all of the stuff I'd buy for a few days. That's about all it's good for.

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  #17  
Old 07-27-2007, 02:05 PM
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Quote:
Originally Posted by JenTay View Post
about playing the lottery.

the odds of winning are so small therefore i don't play. but a coworker who does always says to me...."you can't win if you don't play".

technically true but practically idiotic.

help me with a snappy comeback please!
(insert your state name)

What has six balls and screws Texans?
The Texas Lottery.

OR

“The lottery is a tax on people who flunked math”
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Last edited by cscmc1; 07-27-2007 at 02:12 PM.
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  #18  
Old 07-27-2007, 02:38 PM
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Quote:
Originally Posted by JenTay View Post
technically true but practically idiotic.
This sounds like a pretty good come back to me.
You answered your own question
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  #19  
Old 07-27-2007, 02:43 PM
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"well the jerk store called, and they're all out of you"

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  #20  
Old 07-27-2007, 02:50 PM
Ta ra ra boom de ay
 
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"That's the same thing that nice Nigerian prince said in his last email."
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  #21  
Old 07-27-2007, 02:58 PM
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Odds for those lotteries are generally in the 1 in 20 million range. Houston has 3 million people in it and it's a big freakin' city. So I imagine 6 Houstons with six times the people, then I imagine God reaching from the sky and randomly touching a single person on the head. There's your lottery winner, and why I don't play. Lotteries are voluntary taxes; no thanks.
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  #22  
Old 07-27-2007, 03:19 PM
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Quote:
Originally Posted by JenTay View Post
about playing the lottery.

the odds of winning are so small therefore i don't play. but a coworker who does always says to me...."you can't win if you don't play".

technically true but practically idiotic.

help me with a snappy comeback please!
I assume the lottery is based on those numbered balls.

Here's a test: http://www.webmath.com/lottery.html

I entered a simple lottery with the following constraints:

You must choose a sequence of 5 numbers correctly to win.
The lowest number you can choose is 2
The highest number you can choose is 55
A given number can only be chosen once per try (per lottery ticket, etc.)

The resultant chance of winning is 1/54 × 1/53 × 1/52 × 1/51 × 1/50 = 1/379,501,200 or one chance in about 380 million.

Now let's say the lottery ticket costs $5 and I buy 1 ticket per week, 52 tickets/ year for say, 20 years. 52 * 20 * $5 = $5,200 spent on tickets.

How has purchasing 1020 tickets improved my odds?

Basically, 380,000,000/1,000 = 380,000. In other words, after 20 years of buying weekly tickets my chances of winning are about the same as dying from a fireworks discharge in the USA (http://www.nsc.org/lrs/statinfo/odds.htm)

Somebody who knows how to compute compound interest from regular deposits can probably provide you with the 20 year investment return from $5/week. I'll bet it's $15k-$20k at say, the S&P 20 yr average change.
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  #23  
Old 07-27-2007, 03:19 PM
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Quote:
Originally Posted by A264172 View Post
"That's the same thing that nice Nigerian prince said in his last email."
oh you know him too, huh? he emails me at least once a week. seems like a nice enough guy.
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  #24  
Old 07-27-2007, 03:37 PM
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Quote:
Originally Posted by Botnst View Post
I assume the lottery is based on those numbered balls.

Here's a test: http://www.webmath.com/lottery.html

I entered a simple lottery with the following constraints:

You must choose a sequence of 5 numbers correctly to win.
The lowest number you can choose is 2
The highest number you can choose is 55
A given number can only be chosen once per try (per lottery ticket, etc.)

The resultant chance of winning is 1/54 × 1/53 × 1/52 × 1/51 × 1/50 = 1/379,501,200 or one chance in about 380 million.

Now let's say the lottery ticket costs $5 and I buy 1 ticket per week, 52 tickets/ year for say, 20 years. 52 * 20 * $5 = $5,200 spent on tickets.

How has purchasing 1020 tickets improved my odds?

Basically, 380,000,000/1,000 = 380,000. In other words, after 20 years of buying weekly tickets my chances of winning are about the same as dying from a fireworks discharge in the USA (http://www.nsc.org/lrs/statinfo/odds.htm)

Somebody who knows how to compute compound interest from regular deposits can probably provide you with the 20 year investment return from $5/week. I'll bet it's $15k-$20k at say, the S&P 20 yr average change.
That IS a snappy comeback, Bot. Now, if only Jentay can remember all of that and rattle it off the next time the subject arises . . .
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  #25  
Old 07-27-2007, 03:39 PM
Ta ra ra boom de ay
 
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Quote:
Originally Posted by JenTay View Post
oh you know him too, huh? he emails me at least once a week. seems like a nice enough guy.
Yep. He says the lottery is for suckers, and your more likley to break even if you work with him on getting some of that oil money out of country, but you've got to be willing to play.

Do you still have that horse trailer for sale btw, I can have courier delivey of bank check for $8,724.06 for imediiate pay! ONLY IF YOU CAN FEFUND DIFFERENCE CAN WE DEAL MAKE A. God blesses you very much more to make this deal fastest possible by the way. Oh and remember don't by lottery tickets those guys are never paying me.
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Reading your M103 duty cycle:
http://www.peachparts.com/shopforum/showpost.php?p=831799&postcount=13
http://www.peachparts.com/shopforum/showpost.php?p=831807&postcount=14
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  #26  
Old 07-27-2007, 03:52 PM
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Quote:
Originally Posted by Dee8go View Post
That IS a snappy comeback, Bot. Now, if only Jentay can remember all of that and rattle it off the next time the subject arises . . .
Busted!

Crap.

Oh well.

That's the kind of argument that works for me. But then... I don't buy the damned things because my chance of winning is about equal to the chance of dying by being frozen to death. And I live in Louisiana.

I invest in several broad-based mutual funds. That's my gambling. And it doesn't look too good this week!

B
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  #27  
Old 07-27-2007, 03:55 PM
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Yeah, this week a lottery ticket might have been a better investment.
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles
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  #28  
Old 07-27-2007, 03:55 PM
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Quote:
Originally Posted by Botnst View Post
I assume the lottery is based on those numbered balls.

Here's a test: http://www.webmath.com/lottery.html

I entered a simple lottery with the following constraints:

You must choose a sequence of 5 numbers correctly to win.
The lowest number you can choose is 2
The highest number you can choose is 55
A given number can only be chosen once per try (per lottery ticket, etc.)

The resultant chance of winning is 1/54 × 1/53 × 1/52 × 1/51 × 1/50 = 1/379,501,200 or one chance in about 380 million.

Now let's say the lottery ticket costs $5 and I buy 1 ticket per week, 52 tickets/ year for say, 20 years. 52 * 20 * $5 = $5,200 spent on tickets.

How has purchasing 1020 tickets improved my odds?

Basically, 380,000,000/1,000 = 380,000. In other words, after 20 years of buying weekly tickets my chances of winning are about the same as dying from a fireworks discharge in the USA (http://www.nsc.org/lrs/statinfo/odds.htm)

Somebody who knows how to compute compound interest from regular deposits can probably provide you with the 20 year investment return from $5/week. I'll bet it's $15k-$20k at say, the S&P 20 yr average change.
my brain hurts.....Vanguard Wellington Fund....
did you know there are 281 million people in the US and only 637,000 are pilots?
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Last edited by Mistress; 07-27-2007 at 04:01 PM.
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  #29  
Old 07-27-2007, 04:04 PM
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You and your love of numbers . . . .
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles
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  #30  
Old 07-27-2007, 04:25 PM
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Tell them they would be better off putting it into a Roth IRA, over say 40 years it adds up...

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