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Thread: $363 Million Tonight For Mega Millions - Worst Advice Ever

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    Cubic Zirconia
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    $363 Million Tonight For Mega Millions - Worst Advice Ever

    Check out the idiot in the video, who plays the lotto, "full time" and won a bunch of times...LOL...Nice mullet dumb ass! His advice makes no sense since previous results have no bearing on future ones. The only good thing he says is to not go crazy and spend more than you can afford when it gets this high.

    http://gma.yahoo.com/blogs/abc-blogs...-abc-news.html


    Technically the odds are about 1 in $176 Million but with a prize of $363 Million anyone who buys tickets is making a positive EV play. Although the variance is out of control, plus after factoring in taxes the amount you really get is well below the $363 Million.

    Why not?


    Back up the money truck!

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    Platinum Deal's Avatar
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    Ship thread to Micon, he will chase that dream all the way to Jewdonk world.

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    Platinum Muck Ficon's Avatar
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    So you are saying people have a better chance of making a stripper cum 4 times than winning the jackpot?
    Quote Originally Posted by Baron Von Strucker View Post
    Quote Originally Posted by kmksmkn View Post
    Does anybody know if u can get a work visa for playing online poker in the UK
    I have had Issues with credit cards in Europe
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    you're more consumed with accumulating wealth than achieving spiritual enlightenment
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    Getting a little surf and turf tonight. In my world that is Sea Bass with a nice lobster tail on the side. And grilled asparagus. It's nice having money.

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    Cubic Zirconia
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    Quote Originally Posted by Muck Ficon View Post
    So you are saying people have a better chance of making a stripper cum 4 times than winning the jackpot?
    Touche!

    Jackpot now up to over $500 Million.
    http://abcnews.go.com/Business/mega-...2#.T3NgOmFmIg0

    @Druff, this is technically a good bet from a postive EV stand point, right? Obv not factoring in the insane variance.

    But its just like poker, If I have a 1 in 176 million shot to win a bet, but I'm going get paid $500 Million, that is technically a good bet.

    Now factor in half going to taxes, so you get $250 Million...it is still a good bet since your odds are 1 in 176 million.

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