Ok so the lottery is up to enough money that its finally worth it. All the smart people only play now so I am toldThe problem is I keep getting such shitty numbers, like not even closeWhat can I do to pick better digits guys?
make your luck better by using up all your bad luck in painful accidents
>what am odds?
>>16860660not great but I am mirin the cut of your digits
>>16860660Scott Adams might be the smartest human to exist
Its nearly 800 million dollars guys, if ever there was a time to use your huge brian to get rich , this is the one
>>16860660slim to none
>>16860645>like not even closeDoesn't realize its a binary metric.You will never win, OP.
>>16862009how you gonna make negative waves like that anon
>>16860645>What can I do to pick better digits guys?Keep rolling.
>>16860645All combinations are equally likely. Choosing successive digits gives you the same odds as anything else.This should give you an idea how hopeless it is. Just do quick pick. It doesn't change anything. It's the equivalent of just scratching off the barcode on a scratcher instead of playing the "game."
>>16862444While I dont doubt you are correct , this does nothing to help me win the powersball at all
>>16860645>it's finally worth iti will never understand this logic. winning $20mil/50mil/100mil wouldn't be "worth" the $2 ticket investment?
>>16862502Its all about the odds and return on investment or ROIIf the odds stay the same, and the cost of a ticket stays the same, but the potential reward increases greatly, the payoff ratio is embiggened considerably
>>16862498Just buy more tickets. That's the only way to increase your odds of winning.One thing you can do to "help" is avoid numbers that others are likely to pick so that, if you do win, you'll be less likely to have to share the earnings.Avoid numbers that can be construed as dates because normies love to use birthdays and anniversaries and shit.
>>16862502Over 1 billion and it starts looking attractive, but EV is greatly impacted by taxes and split pots.
>>16862679>Over 1 billion and it starts looking attractivea $60mil jackpot is just not even worth getting out of bed for though? even if after taxes you net $25mil you and your family would be set for life. just seems like some weird glitch of psychology for people to only be convinced to play powerball when the jackpot is $1billy
>>16862689Nope, you get better odds out of coin slots.
>>16862689It's not simply about the money you make *if* you win. It's about expected value with the understanding that winning is extraordinarily unlikely.Imagine gambling was an investment. Would you invest $100 if there was a 1/4 chance you get $200 but 3/4 you lose it all? The "mathematically correct" answer is no. The "expected value" in this simple case is just [payout] * [chance of receiving it]. 200 * 1/4 = 50 so this investment is worth $50. Now calculate the chance of winning the powerball and multiply by the payout. If the result is greater than the cost of the ticket, it's a good investment. If the result is less, then it's not.There's confounders here like the already mentioned taxes and split patouts but also the low rewards that you have a greater chance of receiving. But the bottom line is big jackpot only matters if it's bigger than your chance of not getting it.
>>16862774>>16862706my essential argument is that functionally there's virtually no difference between, say, a $100mil jackpot and a $1bil. both would have you in a position where unless you're utterly retarded you could never spend it all and you and your family would live in luxury for 3 generations, but yet people scoff at spending the $2 on the smaller jackpot as if it's not even worth the stop at the gas station.another way of framing it would be "on the one hand, i could spend $2 on a ticket and have a 1/500 million chance of being rich beyond my wildest dreams. on the other hand, i could spend $2 on a ticket and have a 1/500 million chance of being rich beyond my wildest dreams."
>>16862834This is incorrect. There are times when the lottery is +EV. There are other times where it is better to play coin slots.
>>16863159Not him but I'm pretty sure his point is that expected value is irrelevant when the tangible outcome is the same. Is there anything you would do with a billion that you couldn't do with 100 mil? I guess a more mathematical way of putting it is the expected value is hard- capped based on how much money you could reasonably spend in your lifetime.I disagree with him on generational wealth grounds but it's still a logical position to take.
>>16863221You dont even get to own a decent sized jet if your net worf is only 100 millionHuge difference in lifestyle
>>16863221If you have under 3 million in assets, you should never even buy a new carAt ten million you can get a new car worth under 100k and trade in ever few years. Better off leasing if its german At 100 million you can have one really nice house and one or two modest vacation homes. If you smart and willing to get a pilots license and some certifications you can afford a nice twin engine piston airplane or a small turbo propAlso you can divide that jackpot twice. If you win 100 million you are only getting 25 million to spend
>>16863384Bro, stick 10 mil in a fairly average-returning investment fund and that's a $1million yearly salary for doing nothing. And that's before we even begin to consider all the much smarter investments you could make with that kind of startup capital.
>>16863387Yeah you are not going to get 10% return on any investment over the long haul
>>16863405S&P500 pulls an average of about 10%.Doing as good as or better than S&P500 in any given year is pretty much the target for any competent investment firm.>t. Trust fund brat.
Lottery is a tax on the stupid. Once it gets over 1/2 a billion, drop 2 bux on auto lotto. If Jesus wants you to win, that's all it'll take.
>>16863451>If Jesus wants you to winI dont think he does want me to ;_;
Rich people dont want the poor people to know how to win these lottery
Guys I only have about 9 hours left to figure something out and go by a ticket.Pls help!!!PS I am only planning to do good with the money
>>16863461Not with that attitude.
>>16864783What will convince the jebus man to give the winning numbers?
Well I did not get any tips here that were actionable yesterday so I did not get a ticket. The number has gone up to 875m and I dont know what to doPlease I know someone here has a hot tip for me
Can you evade all the tazes by buying your ticket in the next state over?
>>16865138I tried to post last night but was mysteriously denied
>>16860645 I feel like powerball has ensmalled your odds of winning so the jackpots can become engorged
>>16863159>There are times when the lottery is +EV.no there aren't. whenever you think the outcome is +EV, so many people will buy tickets that the chances of the jackpot being heavily split massively increase, which more than counteracts the increased size of the pot.
>>16866845Yes but now its up to an billion dollars
>>16860645every time i see this thread's image, i gag
>>16867781Why? Is the idea of a healthy snack so disgusting?
>>16867770>now its up to an billion dollars>>16867770Yes but the cash value is only 460 million dollars. And thats before the taxesIs it really worf it? Not sure
Come on guys Im have a butter crisis over here
>>16868066>ultra processed food>healthynigga, just cook
>>16868690Its premade food but not ultra processed . Its not full of preservatives , its healthy!
>>16860645Is that burrito any good?
winning an incalcuable amount of money is actually scary to me. yes, you never have to worry about money again but you're basically guaranteed never to find someone who loves you for being you again. you will always be wondering in the back of your mind if they love you for you or they just want the moolah. that is unless you marry someone richer than you but that dating pool is global and very very small.
>>16869389>you're basically guaranteed never to find someone who loves you for being youAnon I have some bad news for you
>>16869389Don't wear your wealth on your sleeve then.Get yourself a basic house, a nice-but-not-extravagant car, some cool hobbies, diversify your wardrobe, enhance your hygiene. From there just invest all the money in a low risk investment fund and live off dividends while you meet people through your hobbies. Don't stop working, either. The NEET life makes you suck to be around regardless of how much income you have at your disposal. If you can turn one of your hobbies into a revenue stream, no matter how low the returns, even better.
>>16869449>The NEET life makes you suck to be around regardless of how much incomeThose whore are not going to worry about your shitty weaboo personality if you have half a billion in the bank
>>16869478Well yeah. But we're assuming his virginal princess exists and would want him to be his best self. He can throw all my advice in the trash where it belongs the moment he stops believing in fairy tales.
>>16869507Womens love is transactional at best
>>16869569Harsh reality is women are worse coomers than men are and won't give much of a damn about anything else if you fuck her right. Even money is lower on the totem pole than their fucking genitals.
Its hours away , what can be done!?
>>16870222>>16870222>>16870222trips should be worth something
I was not able to win :(
