How much did you spend on the Mega Game?

How much did you spend on the 640 million dollar lottery?

  • 1. 1 to 10 dollars.

    Votes: 5 71.4%
  • 2. 10 to 25 dollars.

    Votes: 1 14.3%
  • 3. 25 to 50 dollars.

    Votes: 0 0.0%
  • 4. 50 to 75 dollars.

    Votes: 0 0.0%
  • 5. 75 to 100 dollars.

    Votes: 0 0.0%
  • 6. More than 100 dollars.

    Votes: 1 14.3%

  • Total voters
    7
  • Poll closed .

Big Black Dog

Platinum Member
May 20, 2009
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So, how much did you spend on the Mega Game Lottery that is now up to 640 million dollars? Take the poll...
 
I buy one ticket when ever I have the cash to do so. No reason to spend more the odds are something like 1 in 140 million so unless you plan to spend a few million you are not effecting any meaningful chance to win with a couple bucks.
 
Unless you're buying hundreds of thousands of tickets you're not changing your odds of winning so you might as well buy just 1
 
Unless you're buying hundreds of thousands of tickets you're not changing your odds of winning so you might as well buy just 1

Even then you are only increasing it marginally.
I saw a few years back an economist showing a curve of how many tickets = what % chance to win.
Wow. To get to even a .1% (1 in a 1000) chance of winning you could buy 3 or 4 homes instead.
Let's say they only sell 10 million tickets (and it is waaaaaay more than that)

If you bought 1000 tickets your chances would only be .01% (1 in 10,000)
Closer to reality...if they sell 40 million tickets...and you spent $50,000...you bought 50,000 tickets you chances are about 1 in 8,000.
 
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