PowerBall Reaches $320-Million

The PowerBall Lottery is expected to reach a near-record jackpot today !
Ref: Philadelphia Inquirer




So here's the plan: "LAS VEGAS"
If one assigns a number corresponding to the position in the alphabet of each of the letters of "LAS VEGAS" one arrives at: 12 - 1 - 19 - 22 - 5 - 7 - 1 - 19.

Eliminating duplicate numbers yields: 12 - 1 - 19 - 22 - 5 - 7.

DonDiego proposes every LVA Vegas-Free-for-All Forum participant purchase a ticket: 1 - 5 - 12 - 19 - 22 and PowerBall: 7. When it hits all participants in this surefire scheme will celebrate with a high-rollers party in Las Vegas.

DonDiego intends to purchase two identical tickets so his share will be double.

Not quite there yet. When it goes over 350 Million I'll play.

I'm in it. Gonna win it. Gonna a buy a Volt. Be richer than Usain Bolt. Ain't gonna spend no money on gas. When I see a gas station, gonna drive right on past.

"PowerBall Reaches $320-Million"

Just imagine winning that much $$$$$.

It would be so cool

You could even buy the LVA, and then control the "You've Been Banned" button.


Rick

Yeah, that would really suck to only win $320 million.

What are the odds on selecting the Powerball winning numbers combination?

Just guessing, but seems to me that $2.00 per ticket just may be a -EV play.

Anything less is just chump change.

We have a pot here at the school I work. 40 of us threw in $20 a piece two years back & the group plays only when the pot is over $100 million. I walk in the the office this morning & the librarian hands me $30.
I said "What is this for?"......
she replied "Did you just not go to Vegas, hit three Royal flushes and come home with money?"
Me: "Of course I did......"
Her: "The you're the one buying tickets tonight!"

If anyone sees 40 job openings in Girard, Kansas school district you know who hit it.....

The odds of selecting the Jackpot Numbers is 1-in-175,223,510. Since the tickets now cost $2 it's not quite a positive expected value (EV), . . . and the possibility of multiple winners lowers the EV even more. The payoffs/odds for lesser prizes suggest an insignificant improvement in EV.

DonDiego suggests more LVA folks really should commit to this investment. If snidely333 and DonDiego do, indeed, win, . . . DonDiego expects snidely333 will laugh at those who failed to join him.