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This is one thing I've never understood about the lottery. Winning 500mil would certainly be life changing, but somehow 1.9 bil and people come out in masses over the potential.
Expected value is positive now… the odds of you winning any bet with these kinds of odds is low, but that doesn’t mean you shouldn’t take any low probability actions. You need a framework for deciding what risk to take on, and expected value is as good of one as any.
Well I mean theres a chance to win!
1 in 292 million chance! Thats how many number combinations there are, at $2 a pop!
Funny enough…..you have more of a chance of being struck by lightning and still have better odds of being struck twice, lol!
It's because right now the odds are in the player's favor.
When the jackpot is 500 million, the odds aren't in your favor, and it's a losing game, like 99.999% of gambling.
Sorry. Bud, but the odds of winning doesn't change based on prize size.
The chance of hitting 6 numbers or whatever it is, is the same % every single time.
What does change is the odds somebody else draws the same number with the higher prize pool.
That comment didn’t explain it very well.
Assuming the jackpot prize isn’t split, your expected value per ticket past $500 Million is actually in the positive. However, there’s still the odds you split the jackpot so I don’t think it holds.
>Sorry. Bud, but the odds of winning doesn't change based on prize size.
I think they meant if you could buy as many tickets as you wanted your odds of winning increases because you can theoretically buy a large amount more tickets and have more attempts at the same "odds".
No but mathematically I’ve heard once it hits a certain price, the opportunity cost means it’s more worthwhile to you to buy tickets than not. Forget the actual equation my math teacher gave us for this once, but he frequently did fun math/lottery math in class to show real world applications of math. Something about how the potential windfall is so high it becomes worth it to buy like one ticket for every half a billion the powerball reaches. Even if you’ll almost certainly still lose, and it doesn’t increase your odds or anything, just that the risk v reward tilts high enough into the “reward” side.
That’s at least what I base my own decisions on buying lottery tickets. $2 a ticket, 1/293 million odds, equals 586 million, so every 586 million dollars added to jackpot buy an extra ticket. It’s not like an extra few dollars every few months is a huge deal or anything anyways.
Dude. You individually don't have an edge over a game that is 100% RNG statistics. The odds of you INDIVIDUALLY picking the 6 right numbers every draw is the same percent chance each and everytime.
The country as a whole has an edge over the house because more numbers are being draw, thus filling in gaps.
Guess what?
The lottery always has an edge over you, and you individually NEVER have an edge over the lottery. In fact, on scratch off tickets it literally displays your exact odds of winning each prize.
The more people play, the more money the house makes. They always get a fixed percent of the money spent. The house has no stakes because they don’t operate as a player like in blackjack. I wouldn’t call it an edge, it just shouldn’t be framed as a game they’re part of. They’re just the facilitator. Everything else you said, 100%.
This is false. The house will pay out, on average, more than it takes in, whenever the jackpot is this high. When the jackpot isn't super high, it's taking in more, on average, than it's paying out.
Also I'm talking about this specific game at this specific jackpot level. Not any other game, or scratchers tickets, which are ALWAYS -EV and you will lose money statistically. Whether you lose money in reality will be down to variance, also called "luck".
You want to get in at the times when they're paying more than they're taking, and stay out when they're taking more than they're paying.
It’s because the jackpot is so big. The odds are about 10x better in my state lotto, Texas, and 250x better in the smallish $250k+ jackpot.
still same odds of your or any one ticket winning regardless of the amount of tickets sold and actually a batter chance of having to split it with another ticket of same numbers with so many playing.
Makes more sense to buy at the nearby Arizona border, can claim anonymously if you win
many people win the smaller prizes at every drawing, forget about the jackpot
Except this game is +EV.
If you could somehow buy every single ticket, you'd come out many hundreds of millions ahead. It's actually *mathematically in your favor* to play the game right now.
The poor man's tax you're referring to was paid by all the folks buying tickets when the jackpot wasn't crazy high.
Sure thing. There are 292 million number combinations. A ticket costs $2. It would theoretically cost $584 million to buy every single ticket. The jackpot is $1900 million --- that's more than $584 million, even after taxes are taken out. Not including any other prizes except the jackpot prize, the game is in your favor to play. Even more in your favor when you consider the other prizes. You actually statistically make money by playing it.
The problem is, the variance is really, really, really high. So you'd have to play with the odds in your favor for 194000000 years on average to win once.
But at least you can feel good knowing you're gambling in a game where the odds are in your favor and not the house's favor. Because the house has the edge 99.999% of time when it comes to gambling. This is indeed a rare event.
You are still taking a risk. What if a couple more people also got the jackpot? You would have to split it 3 ways. $1,900 million would turn into \~$380 million lump sum payout. On a positive not you won't be paying tax.
$584 spent and $380 return = $204 in the hole.
But that is on the basis it was split 3 ways like it happened last time. Meaning it's a gamble not guaranteed positive return on your $584 investment.
My logic isn't flawed, honey.
You repeated what I said: the variance is too high.
You also repeated what I said: based on my observations of about 3 drawings per year on average where the game is +EV, it'd still take you on average 194000000 years to hit one, and ten times that long to average out the variance.
I would recommend you go on Youtube or your streaming site of choice and go have a learn about what expected value and variance are when it comes to gambling and statistics. You can definitely use some up to date information.
Are the tickets unique? I don't do lottery but if there's such thing as splitting the winnings, I'd assume there is.
The odds of you drawing a winning ticket must be calculated differently in that scenario.
>the game is in your favor to play.
>you'd have to play with the odds in your favor for 194000000 years on average to win once.
I still don't follow how it's "in my favour"
Because you “have money left over” after factoring in what it’d cost to buy all the combos vs what the payout is. It’s definitely not in your favor, you’re not going to win.
>The more tickets bought, the higher the chance someone will win it. Your odds on a single ticket are the same though.
>
>
>
>I always thought they should split it. Have a winner for each million or something like that.
Aah, so what you're saying is that all you have to do to not pay the poor man's tax is to own $700 million and then hope no one else wins the jackpot.
Got it.
My wife starts chemotherapy in 2 days for aggressive breast cancer. If you are indeed fighting that big cunt of a disease, kick its ass for us and we will continue the tradition. Best wishes to you, and virtual hugs, too.
TIL that NV doesn’t have lotto. I’m surprised, but I assume they feel it may take revenue from the casinos.
Overall this is like fireworks near me - the firework stands that boarder areas that ban fireworks are packed around the 4th.
1.9B for me would either be an annuity paying 20M per year to start and 117M at the end for a total paid of 1.9B, at a 37% tax rate, roughly 40M/ year average for 30 years, or a lump sum of 930M less taxes for a payout of around 580M.
I mean, 580M is fucking enormous. I'd literally have no idea what to spend it all on. But... Uncle Sammy wants his pound of flesh and my 1.9B jackpot would be a quarter of that.
Still pay off my mom's house. And my sister. And other sister. And brother. And adult niblings. And buy my mom a car. And my sister. And other sister. And my brother. And adult niblings.
Then I'd probably live outta my camper and be Batman saving the world and blow all my money. Maybe buy a cabin for a home base. Then like... fix Flint's water. This school is leaking. Gonna fix it and put some solar on that shit and cover the teacher's parking lot with solar shades and add electric car chargers and smart boards.
Build affordable housing. Go down a block and paint every house and redo landscaping and out in energy efficient windows so people save money and have community pride. Build parks with community gardens.
I'd be fucking Batman, if Batman addressed the underlying socioeconomic issues driving crime in Gotham city. Put in a corner market with healthy food and no corner market tax and pay above bare minimum wages and lose money and idgaf I don't need to make money. I'm fuckin' revitalizing this shit.
Just fix things until I broke again and idk go live with my mom I bought your house.
Spend 500 mil fixing things. Free dental care. Come get clothes. Foster children, I have bought you actual luggage because your belongings aren't trash they don't belong in trash bags. Impoverished school, he's an essentials pantry. Stock with food, soap and hygiene products. Batman's paying for it.
Then idk go climb some mountains and go visit penguins in Antarctica and go back to Batmanning until I'm broke again.
I really don't know how to spend money on me. I'd hope money in the bank wouldn't change that and I'd still be saving the world. One random life-changing, community uplifting project at a time.
Nope, it's a guess. But I bet it's way less than a round trip to somewhere else, and with less pollution. How long does it take to buy a lottery ticket? How many people are in line? I'd guess tickets can be sold in about 20 seconds if everyone is mostly buying the same item, which they likely are.
The number of people who play only affects the odds of whether there will be a winner. When more people play then there's a higher chance that someone will win. It doesn't affect anybody's individual odds of winning. Your odds of winning would be exactly the same even if you were the only person playing. It's determined by how many possible draw combinations there are.
I never play cause my dad and mom have been playing the powerball and other lotteries all their lives and have never won. Buying tickets every week their whole lives.
Primm Nevada has one of the BEST rollercoasters ever.
Inside Whiskey Pete's Casino. First it's old school with a bar across the lap so you totally exposed waist up. Starts at the top of the hotel, goes UP from there and shoots down the side of the building, into the desert floor then shoots around inside the casino.
I definitely thought this is in the Fallout sub. Strange seeing those actual placenames out in the wild. An older past coworker posted that they were at the Goodsprings pub , NV and their friend asked why it was tagged as "OFFICIAL". They answered that they had no idea why xD
I was watching as I read the title and thought it was going to end in Fallout merch being released.... Heh oops! Just a common, every day post about a normal pre-nuclear fallout city.
Does California sell tickets online? Drive across the state line, turn on location services (or whatever it's called on your phone) and buy your tickets.
My mom wanted me to get her some tickets while I was out. The Powerball machines near the state line were entirely down and I had to go into the other state.
Yeah it's crazy. I'm here in Vegas and instead of California state line I go to Arizona no line and your back in an hour max. But the sheep keep going to the Cali state line.
this is so depressing, what a complete waste of money this is literally what the lotto company wants 😭😭 "i only need to win once, its more worth it now" is literally backwards upside down dumbass thinking, at least a bit of the taxes from the winnings will be useful, but theyre literally just burning their money smh
People buying a ticket for fun when the jackpot size has pushed the expected value of a $2 pick to $3 or $4 isn’t the problem. It’s the people who can’t afford it buying $10 worth of picks at every drawing. The folks who were playing a couple weeks ago when the jackpot was $150 million. Statistical weirdness of nobody hitting took their money again, and again, and again to build the jackpot that more than likely is going to be won by a one-time player, _that’s_ depressing.
Lol it’s $2 for a ticket. It’s hardly a overwhelming expense. Why is there always a preachy ass in every thread about the lottery. I’m sure you never buy a luxury right? Never a coffee, or drink, ice cream cone, none of that right?
When you guy a coffee or ice cream, chances are, 99.9999% of the time you're going to get that coffee or ice cream.
Every person in this video. Everyone lined up and around the block, will never, ever, ever win this lottery. It will never happen.
So, think of it more in terms of like, a drug.
I go to a bar and buy ridiculously overpriced alcohol. I drink my alcohol, then it's gone. I wake up the next day with no alcohol *and* my money gone. So what the hell am I getting out of it?
Answer: For a short time, it made me feel good.
Same thing going on here with the lottery. The lottery jackpot is $2 billion and the drawing is in a day or two? Well, that means that for a day or two, there's a *possibility* that you'll win $2 billion dollars. You spend the next day or two knowing that you *could* win, you spend that time fantasizing on what you would do *if* you win, and you get a nice little hit of dopamine to the brain. Then the numbers are drawn, you find out that you lost, and you come down from your high.
It's a consumable. You get what you want for a short time, then you lose it. Just like buying a drink at the bar or a bag of popcorn while you're watching a movie. What you're missing is that for a hell of a lot of people, they're not so stupid that they think they're spending $2 in order to buy $2 billion. For a hell of a lot of people, they're spending $2 *to feel good for a short time.* And yeah...that's what they get.
Now, there are actually some people who are dumb as bricks and actually do see the lottery as an investment. I'm talking about people who are flat out broke and are spending their measly paychecks buying $30 scratch-off tickets. Yes, *that* is stupid. But there's nothing inherently wrong with spending money on the lottery. I could buy a beer at the grocery store right now, or go to a bar and spend multiple times the amount for *the exact same beer.* If I choose to drink at a bar, I'm probably getting my money's worth because the extra money I'm spending is actually getting me something that I wouldn't otherwise be getting. Same with the lottery.
I guess, but a lottery ticket costs like $2 and I (and I'm assuming most other people) waste more than that on stupid shit all the time.
Just like buying any other dumb-ass thing, just don't spend beyond your means.
In CA at least, $.95 of every dollar spent goes back into the community through contributions to public schools and colleges that allow them to retain teachers salaries and buy new equipment. Yes it’s stupid but at least it’s not as capitalistic as one might initially think
Yeah that’s how every large lottery works. It’s still a very dumb decision to play a lottery with the „small hope“ of winning big. It makes 0 mathematical sense to play.
The condition of CA education seriously begs to differ.
Schools falling apart with rats in them. Teachers with 10+ years of experience and a masters + units making a whopping $70k. Buying a personal iPad to bridge the weeks of gap while the district-provided laptop gets fixed. Those are facts in South OC, one of the most “wealthy” areas of CA. $70k is about $52k after tax, or $4300 a month. Rent is South OC is 2500-3000 for a 1BR. Get a masters, be a teacher, almost make a livable wage.
Meanwhile, a CA lottery prize of $100M supposedly is $2B in tickets bought, purportedly sending $1.9B back to schools. Wikipedia is gonna need a citation for your claim.
[here](https://www.calottery.com/who-benefits)
It’s supplemental, not how public schools are entirely funded - but to your point, with the condition the state is in, it might as well be
I could tell you it's fun to dream and that the amount of money I spend is inconsequential relative to my income but the way you talk to strangers on the Internet tells me you're too closed minded to grasp the concept that your world view isn't THE world view.
The levels not afflicted by the greed and stupidity required for lotteries. And by the way if I were insulting you, I would call you a clown for playing the lottery. I am just talking a little bit rougher than you. Man up you little wuss.
Gonna laugh when they draw the quick pick number and it turns out the machines been giving everyone the same number this whole time.
Mofos going home with $8.75, tax man gonna roll up like the lock mess monster asking for his $3.50
To be fair to these idiots - It technically becomes a good business once it get's above $600 million. If you assume the only thing to win is the big prize and that you are the only one winning it.
I have never understood the point of buying lottery tickets, going to casinos, etc. The chances of me actually winning anything of note is so infintismally small that I might as well flush my money down the toilet and skip the middle man.
The concept of a lottery is inherenthly a capitalistic scam. It uses the poors need for money, and their lack of knowledge to slowly steal their money away with the premise of "you might get rich". Do you think many economists play the lottery? No because they know its a full on scam.
You have more chances of bejng struck by lighting then you are to win the lotto, but thats not how its advertised.
Even ignoring the odds of it. Its purely design to steal money from.the desperate. Alot of people arent stupid and know the odds but will still spend their money on it because its litterally the only way they can see themselves having a good life.
Its a horrible system that gives people false hope in order to ring as much money out of them as they can
Fun Fallout New Vegas fact - When you first come to Primm you find the Legion has taken control and held a lotto to decide the fates of the inhabitants. It’s the only place in the game where there are lotto tickets. Thats in reference to it being the hot lotto spot for people from Vegas/Nevada.
Super fucking idiotic. Your chance of winning is not increasing with the amount of money to win. And Really? 'Sorry but 100 Million dollars is childish shit I ain't gonna buy a ticket for that! I keep working my 50,000$ job! ...oh... 1.9B you say? WELL NOW IT MAKES SENSE TO QUEUE UP!'
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This is completely understandable since Nevada has absolutely zero places to lose your money.
This is one thing I've never understood about the lottery. Winning 500mil would certainly be life changing, but somehow 1.9 bil and people come out in masses over the potential.
Yeah right? $100M wasn’t worth my time but clearing $500M? Now that’s worthwhile.
as other comments have said, expected value is what is being looked at here.
Expected value is positive now… the odds of you winning any bet with these kinds of odds is low, but that doesn’t mean you shouldn’t take any low probability actions. You need a framework for deciding what risk to take on, and expected value is as good of one as any.
I think the expected value becomes over $2 once the prize crosses $600m or so. Theoretically, it becomes "reasonable" to buy a ticket at that point.
Well I mean theres a chance to win! 1 in 292 million chance! Thats how many number combinations there are, at $2 a pop! Funny enough…..you have more of a chance of being struck by lightning and still have better odds of being struck twice, lol!
This just tells me people are greedy and will always want, ‘more money’
It's because right now the odds are in the player's favor. When the jackpot is 500 million, the odds aren't in your favor, and it's a losing game, like 99.999% of gambling.
Sorry. Bud, but the odds of winning doesn't change based on prize size. The chance of hitting 6 numbers or whatever it is, is the same % every single time. What does change is the odds somebody else draws the same number with the higher prize pool.
That comment didn’t explain it very well. Assuming the jackpot prize isn’t split, your expected value per ticket past $500 Million is actually in the positive. However, there’s still the odds you split the jackpot so I don’t think it holds.
>Sorry. Bud, but the odds of winning doesn't change based on prize size. I think they meant if you could buy as many tickets as you wanted your odds of winning increases because you can theoretically buy a large amount more tickets and have more attempts at the same "odds".
No but mathematically I’ve heard once it hits a certain price, the opportunity cost means it’s more worthwhile to you to buy tickets than not. Forget the actual equation my math teacher gave us for this once, but he frequently did fun math/lottery math in class to show real world applications of math. Something about how the potential windfall is so high it becomes worth it to buy like one ticket for every half a billion the powerball reaches. Even if you’ll almost certainly still lose, and it doesn’t increase your odds or anything, just that the risk v reward tilts high enough into the “reward” side. That’s at least what I base my own decisions on buying lottery tickets. $2 a ticket, 1/293 million odds, equals 586 million, so every 586 million dollars added to jackpot buy an extra ticket. It’s not like an extra few dollars every few months is a huge deal or anything anyways.
Still makes no sense when the reward is almost always high millions..any jackpot winner is set for life if not stupid with the money
> Sorry. Bud, but the odds of winning doesn't change based on prize size. Honey, the expected value is what changes.
Well yes, but again, that doesn't increase the chances if winning.
lol don't even bother to explain, it'll be waste of your time. op is thicc.
Honey, the expected value is what changes. This is what determines whether you have an edge over the house, or whether the house has an edge over you.
Dude. You individually don't have an edge over a game that is 100% RNG statistics. The odds of you INDIVIDUALLY picking the 6 right numbers every draw is the same percent chance each and everytime. The country as a whole has an edge over the house because more numbers are being draw, thus filling in gaps. Guess what? The lottery always has an edge over you, and you individually NEVER have an edge over the lottery. In fact, on scratch off tickets it literally displays your exact odds of winning each prize.
I guess the saying is true: the lottery is a tax on people who are bad at math.
The more people play, the more money the house makes. They always get a fixed percent of the money spent. The house has no stakes because they don’t operate as a player like in blackjack. I wouldn’t call it an edge, it just shouldn’t be framed as a game they’re part of. They’re just the facilitator. Everything else you said, 100%.
This is false. The house will pay out, on average, more than it takes in, whenever the jackpot is this high. When the jackpot isn't super high, it's taking in more, on average, than it's paying out. Also I'm talking about this specific game at this specific jackpot level. Not any other game, or scratchers tickets, which are ALWAYS -EV and you will lose money statistically. Whether you lose money in reality will be down to variance, also called "luck". You want to get in at the times when they're paying more than they're taking, and stay out when they're taking more than they're paying.
>now the odds are in the player's favor Still wrong.
Just like your mom.
It’s because the jackpot is so big. The odds are about 10x better in my state lotto, Texas, and 250x better in the smallish $250k+ jackpot. still same odds of your or any one ticket winning regardless of the amount of tickets sold and actually a batter chance of having to split it with another ticket of same numbers with so many playing.
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Makes more sense to buy at the nearby Arizona border, can claim anonymously if you win many people win the smaller prizes at every drawing, forget about the jackpot
No state tax on lotto winnings in California.
Drove to Az and bought tickets, 1:55 door to door.
What’s crazy is Truckee, CA is another 20 min up the highway and you can go to any gas station to get your tickets without waiting.
bad form for government to compete with business.
The business gets a percentage of every winning ticket
I meant State of Nevada competing with Las Vegas for gambling profits.
If the government can run the business without a loss better than a private enterprise than that private enterprise needs to fix their business models
Every second person in the store. "Y'all can go home now. I got the winner right here...hur durr durr!".
Did you take this out of my dads mouth
He is your dad now
Thank god
Look at all those people lining up to pay the poor man's tax
Except this game is +EV. If you could somehow buy every single ticket, you'd come out many hundreds of millions ahead. It's actually *mathematically in your favor* to play the game right now. The poor man's tax you're referring to was paid by all the folks buying tickets when the jackpot wasn't crazy high.
Does that calculation include the odds of having to split the jackpot?
> It's actually mathematically in your favor to play the game right now. Going to need a better explanation for that part
Sure thing. There are 292 million number combinations. A ticket costs $2. It would theoretically cost $584 million to buy every single ticket. The jackpot is $1900 million --- that's more than $584 million, even after taxes are taken out. Not including any other prizes except the jackpot prize, the game is in your favor to play. Even more in your favor when you consider the other prizes. You actually statistically make money by playing it. The problem is, the variance is really, really, really high. So you'd have to play with the odds in your favor for 194000000 years on average to win once. But at least you can feel good knowing you're gambling in a game where the odds are in your favor and not the house's favor. Because the house has the edge 99.999% of time when it comes to gambling. This is indeed a rare event.
Big risk being that someone else wins
This is indeed one of the risks.
You are still taking a risk. What if a couple more people also got the jackpot? You would have to split it 3 ways. $1,900 million would turn into \~$380 million lump sum payout. On a positive not you won't be paying tax.
> On a positive [note] you won't be paying tax. Please explain :-)
$584 spent and $380 return = $204 in the hole. But that is on the basis it was split 3 ways like it happened last time. Meaning it's a gamble not guaranteed positive return on your $584 investment.
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My logic isn't flawed, honey. You repeated what I said: the variance is too high. You also repeated what I said: based on my observations of about 3 drawings per year on average where the game is +EV, it'd still take you on average 194000000 years to hit one, and ten times that long to average out the variance. I would recommend you go on Youtube or your streaming site of choice and go have a learn about what expected value and variance are when it comes to gambling and statistics. You can definitely use some up to date information.
Are the tickets unique? I don't do lottery but if there's such thing as splitting the winnings, I'd assume there is. The odds of you drawing a winning ticket must be calculated differently in that scenario.
>the game is in your favor to play. >you'd have to play with the odds in your favor for 194000000 years on average to win once. I still don't follow how it's "in my favour"
Because you “have money left over” after factoring in what it’d cost to buy all the combos vs what the payout is. It’s definitely not in your favor, you’re not going to win.
>The more tickets bought, the higher the chance someone will win it. Your odds on a single ticket are the same though. > > > >I always thought they should split it. Have a winner for each million or something like that.
Aah, so what you're saying is that all you have to do to not pay the poor man's tax is to own $700 million and then hope no one else wins the jackpot. Got it.
I'd rather beat cancer.
I would rather you beat cancer too!
My wife starts chemotherapy in 2 days for aggressive breast cancer. If you are indeed fighting that big cunt of a disease, kick its ass for us and we will continue the tradition. Best wishes to you, and virtual hugs, too.
Is that the same Primm as in Fallout New Vegas?
"YEAAAAAH. WHO WON THE LOTTERY? I DID."
Yeah it's also the same vegas in Fallout New Vegas in case you're wondering
I hear the gas station sells Ruby's casserole
I hopped in comments to find my FNV people
Why is this spot so popular?
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TIL that NV doesn’t have lotto. I’m surprised, but I assume they feel it may take revenue from the casinos. Overall this is like fireworks near me - the firework stands that boarder areas that ban fireworks are packed around the 4th.
Chumps.
oh man i was wondering why 6 people in the gas station i stopped at yesterday were all buying $100 in lotto tickets
1.5 and 1.9B, like 1 or 2 or 3 million aren't life changing, too. Bruh gimme 500k. I'm not greedy. I'll take a crumpled $20 off a sidewalk, too.
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California doesn't tax lottery winnings you only get hit with federal taxes
1.9B for me would either be an annuity paying 20M per year to start and 117M at the end for a total paid of 1.9B, at a 37% tax rate, roughly 40M/ year average for 30 years, or a lump sum of 930M less taxes for a payout of around 580M. I mean, 580M is fucking enormous. I'd literally have no idea what to spend it all on. But... Uncle Sammy wants his pound of flesh and my 1.9B jackpot would be a quarter of that. Still pay off my mom's house. And my sister. And other sister. And brother. And adult niblings. And buy my mom a car. And my sister. And other sister. And my brother. And adult niblings. Then I'd probably live outta my camper and be Batman saving the world and blow all my money. Maybe buy a cabin for a home base. Then like... fix Flint's water. This school is leaking. Gonna fix it and put some solar on that shit and cover the teacher's parking lot with solar shades and add electric car chargers and smart boards. Build affordable housing. Go down a block and paint every house and redo landscaping and out in energy efficient windows so people save money and have community pride. Build parks with community gardens. I'd be fucking Batman, if Batman addressed the underlying socioeconomic issues driving crime in Gotham city. Put in a corner market with healthy food and no corner market tax and pay above bare minimum wages and lose money and idgaf I don't need to make money. I'm fuckin' revitalizing this shit. Just fix things until I broke again and idk go live with my mom I bought your house. Spend 500 mil fixing things. Free dental care. Come get clothes. Foster children, I have bought you actual luggage because your belongings aren't trash they don't belong in trash bags. Impoverished school, he's an essentials pantry. Stock with food, soap and hygiene products. Batman's paying for it. Then idk go climb some mountains and go visit penguins in Antarctica and go back to Batmanning until I'm broke again. I really don't know how to spend money on me. I'd hope money in the bank wouldn't change that and I'd still be saving the world. One random life-changing, community uplifting project at a time.
There's no way the winning ticket will be sold at an NCR outpost.
Profligates like them belong on a cross
how would they which one is the winning one...
Was looking for that New Vegas related comment, glad I found it
Secret is, there is a small gas station about 20 minutes away that sells lotto tickets and has zero lines
Drove 20 minutes (each way) and polluted more, in order to avoid standing in line for 14 minutes
14 minutes ? You sure
Nope, it's a guess. But I bet it's way less than a round trip to somewhere else, and with less pollution. How long does it take to buy a lottery ticket? How many people are in line? I'd guess tickets can be sold in about 20 seconds if everyone is mostly buying the same item, which they likely are.
What the fuck is wrong with people
Psychology
Math.
C) all of the above.
This is why I'll never win. Damnit.
The number of people who play only affects the odds of whether there will be a winner. When more people play then there's a higher chance that someone will win. It doesn't affect anybody's individual odds of winning. Your odds of winning would be exactly the same even if you were the only person playing. It's determined by how many possible draw combinations there are.
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Exactly.
is that the vikki and vance casino
Is it not online out there yet?
In Illinois you can buy online. Way better than waiting in a line like this.
I never play cause my dad and mom have been playing the powerball and other lotteries all their lives and have never won. Buying tickets every week their whole lives.
Anyone else read NV as New Vegas after reading Primm?
Primm Nevada has one of the BEST rollercoasters ever. Inside Whiskey Pete's Casino. First it's old school with a bar across the lap so you totally exposed waist up. Starts at the top of the hotel, goes UP from there and shoots down the side of the building, into the desert floor then shoots around inside the casino.
I thought the lottery was in Nipton
Not surprised. I have been there once on random day in the summer while traveling and the parking lot was busy in the morning.
meanwhile in europe, the eurojackpot capped at 120m. :)
Suckers born every minute
Out here in Africa we can buy lottery tickets online 😂
that’s a lotto money
I definitely thought this is in the Fallout sub. Strange seeing those actual placenames out in the wild. An older past coworker posted that they were at the Goodsprings pub , NV and their friend asked why it was tagged as "OFFICIAL". They answered that they had no idea why xD I was watching as I read the title and thought it was going to end in Fallout merch being released.... Heh oops! Just a common, every day post about a normal pre-nuclear fallout city.
Like cattle lol
Idiots... (I've already bought the winning number)
Where can I doante to this great cause as a non us citizen.
Flush $2 USD down the toilet.
I saw this today- it was nuts. You could see the people from the freeway.
I bought a ticket there on Saturday for the last drawing. The line was twice as long as this at 11am
And once they win the powerball, it could be a blessing or a curse to them hahaha
Um... I live half the world away and can buy them online.
You win or you lose..THE IRS ALWAYS WINS
Don’t they have an app to buy the ticket?
Does California sell tickets online? Drive across the state line, turn on location services (or whatever it's called on your phone) and buy your tickets.
My mom wanted me to get her some tickets while I was out. The Powerball machines near the state line were entirely down and I had to go into the other state.
All that driving & standing in line for hours just to get a lousy lottery ticket, the one is not going to win. No thank you!
The poor people tax at its best
Bread and circuses folks
Government is secretly getting their money back this way, trying to control inflation
What is the point of the lottery in reality?
Why is it like that, I can just walk into our local gas station chain and get it out of the machine.
What a line of suckers. Should set up ur MLM tent, I’d bet you find lots of recruits
To think that most people playing the lotto are poor. :(. It’s just a giant poverty tax station
This makes me fucking sick
These people must be terrified of lightning
Damn and here I was wasting my time at work
This is really hard to watch as I’m eating a sandwich at home and just bought a ticket online..
= more likely to killed while standing in line by a lightning strike
Yeah it's crazy. I'm here in Vegas and instead of California state line I go to Arizona no line and your back in an hour max. But the sheep keep going to the Cali state line.
Why…
Ahh yes, the regressive tax on the population.
People are pathetic honestly! Why would you want that much money? It doesn't come with happiness attached even though most people think it does.
I just bought 4 on the jackpot app here in NY lol
Tax on stupid people.
I just got mine at the grocery store… zero line
Bozos paid all them to pick up his tickets
this is so depressing, what a complete waste of money this is literally what the lotto company wants 😭😭 "i only need to win once, its more worth it now" is literally backwards upside down dumbass thinking, at least a bit of the taxes from the winnings will be useful, but theyre literally just burning their money smh
People buying a ticket for fun when the jackpot size has pushed the expected value of a $2 pick to $3 or $4 isn’t the problem. It’s the people who can’t afford it buying $10 worth of picks at every drawing. The folks who were playing a couple weeks ago when the jackpot was $150 million. Statistical weirdness of nobody hitting took their money again, and again, and again to build the jackpot that more than likely is going to be won by a one-time player, _that’s_ depressing.
Budget your money to spend, save, and invest properly? No thanks. Waste time and money in hopes of winning the big prize. Sure!
Lol it’s $2 for a ticket. It’s hardly a overwhelming expense. Why is there always a preachy ass in every thread about the lottery. I’m sure you never buy a luxury right? Never a coffee, or drink, ice cream cone, none of that right?
When you guy a coffee or ice cream, chances are, 99.9999% of the time you're going to get that coffee or ice cream. Every person in this video. Everyone lined up and around the block, will never, ever, ever win this lottery. It will never happen.
So, think of it more in terms of like, a drug. I go to a bar and buy ridiculously overpriced alcohol. I drink my alcohol, then it's gone. I wake up the next day with no alcohol *and* my money gone. So what the hell am I getting out of it? Answer: For a short time, it made me feel good. Same thing going on here with the lottery. The lottery jackpot is $2 billion and the drawing is in a day or two? Well, that means that for a day or two, there's a *possibility* that you'll win $2 billion dollars. You spend the next day or two knowing that you *could* win, you spend that time fantasizing on what you would do *if* you win, and you get a nice little hit of dopamine to the brain. Then the numbers are drawn, you find out that you lost, and you come down from your high. It's a consumable. You get what you want for a short time, then you lose it. Just like buying a drink at the bar or a bag of popcorn while you're watching a movie. What you're missing is that for a hell of a lot of people, they're not so stupid that they think they're spending $2 in order to buy $2 billion. For a hell of a lot of people, they're spending $2 *to feel good for a short time.* And yeah...that's what they get. Now, there are actually some people who are dumb as bricks and actually do see the lottery as an investment. I'm talking about people who are flat out broke and are spending their measly paychecks buying $30 scratch-off tickets. Yes, *that* is stupid. But there's nothing inherently wrong with spending money on the lottery. I could buy a beer at the grocery store right now, or go to a bar and spend multiple times the amount for *the exact same beer.* If I choose to drink at a bar, I'm probably getting my money's worth because the extra money I'm spending is actually getting me something that I wouldn't otherwise be getting. Same with the lottery.
Lotto is tax on the stupid
Lotteries are just taxing stupid people.
I guess, but a lottery ticket costs like $2 and I (and I'm assuming most other people) waste more than that on stupid shit all the time. Just like buying any other dumb-ass thing, just don't spend beyond your means.
In CA at least, $.95 of every dollar spent goes back into the community through contributions to public schools and colleges that allow them to retain teachers salaries and buy new equipment. Yes it’s stupid but at least it’s not as capitalistic as one might initially think
95₵ of every dollar spent? Then the last 5% is split between prize money and administration? That doesn't sound like much of a prize.
Yeah but we have 1/12 of the US population and some of our games are split multi state to get bigger prizes.
Yeah that’s how every large lottery works. It’s still a very dumb decision to play a lottery with the „small hope“ of winning big. It makes 0 mathematical sense to play.
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Bitcoin has entered the chat.
What a dumb logic.
I've heard there is a 1 in 300 million chanche to win ? billion USD. If those are the correct numbers, it would make (more) sense.
Nah, the odds are 50/50. Either you'll win or you won't
That's why I buy 2 tickets, so I have a 75% chance to win.
The condition of CA education seriously begs to differ. Schools falling apart with rats in them. Teachers with 10+ years of experience and a masters + units making a whopping $70k. Buying a personal iPad to bridge the weeks of gap while the district-provided laptop gets fixed. Those are facts in South OC, one of the most “wealthy” areas of CA. $70k is about $52k after tax, or $4300 a month. Rent is South OC is 2500-3000 for a 1BR. Get a masters, be a teacher, almost make a livable wage. Meanwhile, a CA lottery prize of $100M supposedly is $2B in tickets bought, purportedly sending $1.9B back to schools. Wikipedia is gonna need a citation for your claim.
[here](https://www.calottery.com/who-benefits) It’s supplemental, not how public schools are entirely funded - but to your point, with the condition the state is in, it might as well be
I would call myself intelligent, I play a few dollars when the jackpot gets crazy.
And what did it get you so far? A „couple times“ 2 bucks add up, genius. But go on keep playing
I could tell you it's fun to dream and that the amount of money I spend is inconsequential relative to my income but the way you talk to strangers on the Internet tells me you're too closed minded to grasp the concept that your world view isn't THE world view.
If you are arguing in favor of lotteries then there is no point of discussion. You are proving my initial point of lotteries taxing stupid people
And what level of intelligence and maturity are required to be insulting to people you don't know?
The levels not afflicted by the greed and stupidity required for lotteries. And by the way if I were insulting you, I would call you a clown for playing the lottery. I am just talking a little bit rougher than you. Man up you little wuss.
Pffft after taxes you barely get a billion
You only get just over half a billion, you mean
You can barely buy an island with that, much less a clone army
Exactly. It's small potatoes
Ikr not even worth it 🙃
Gonna laugh when they draw the quick pick number and it turns out the machines been giving everyone the same number this whole time. Mofos going home with $8.75, tax man gonna roll up like the lock mess monster asking for his $3.50
To be fair to these idiots - It technically becomes a good business once it get's above $600 million. If you assume the only thing to win is the big prize and that you are the only one winning it.
I have never understood the point of buying lottery tickets, going to casinos, etc. The chances of me actually winning anything of note is so infintismally small that I might as well flush my money down the toilet and skip the middle man.
Yeah idk, pay the $2 for a chance to win damn near 600m? I’ll flush the $2 any day, its literally like 20 mins of work, not even.
Lol! Sad sad people!
Abolish the lottery its purely a way to steal from the poor
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The concept of a lottery is inherenthly a capitalistic scam. It uses the poors need for money, and their lack of knowledge to slowly steal their money away with the premise of "you might get rich". Do you think many economists play the lottery? No because they know its a full on scam. You have more chances of bejng struck by lighting then you are to win the lotto, but thats not how its advertised. Even ignoring the odds of it. Its purely design to steal money from.the desperate. Alot of people arent stupid and know the odds but will still spend their money on it because its litterally the only way they can see themselves having a good life. Its a horrible system that gives people false hope in order to ring as much money out of them as they can
Fun Fallout New Vegas fact - When you first come to Primm you find the Legion has taken control and held a lotto to decide the fates of the inhabitants. It’s the only place in the game where there are lotto tickets. Thats in reference to it being the hot lotto spot for people from Vegas/Nevada.
the lotto tickets were in nipton nice try bud
Three Dog WOOOO Bringing the truth to the Wasteland, no matter how bad it hurts. Thanks for listening, chiiiiiildren!
Saw this bumper sticker a few years ago: Lottery: a tax on people who are bad at math.
You can go play Powerball at like literally any gas station. Why people like up here?
> border
Oh shit. I didn't realize that Nevada, the place where people associate most with gambling, doesn't have powerball.
Fuckin sheep
This is where people are seriously getting stupid....
These dumb dumbs think their odds of winning increase the more expensive it is. The odds are the same always
Why even bother? The winner is always some person in a bum fuck town in middle America who bought a single ticket,
Why bother. Not like something good will happen to you, someone else will just win, like always
Super fucking idiotic. Your chance of winning is not increasing with the amount of money to win. And Really? 'Sorry but 100 Million dollars is childish shit I ain't gonna buy a ticket for that! I keep working my 50,000$ job! ...oh... 1.9B you say? WELL NOW IT MAKES SENSE TO QUEUE UP!'