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billryan
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January 31st, 2019 at 12:41:33 PM permalink
Has anyone had any friends who hit it big on a lottery?

I was in a gas station on Long Island and this guy comes in, buys an $8 pack of smokes, gives the clerk a twenty, says thank you and walks away. Clerk sees that I observed the whole thing and tells me he sold the guy a $3 million dollar lotto ticket and he comes in a few times a week and tips him $10.

The only person I know who won was a bartender who was at a horrible point in his life when he won. He'd dropped a keg on his foot and never had it looked at, continuing to work and stand on it for weeks. In the end, he had three toes amputated which set him on a serious down hill struggle. He started drinking too much, and was a really nasty drunk. He won a couple of million and immediately went into rehab. We kept hearing he was still in rehab but it tuned out he transferred to a clinic in Florida and completely left NY behind. Left his girlfriend, his two grown kids and everyone without a word. I used to see his son, who had been close to his father but now has nothing good to say. Evidently, he didn't share his winnings with anyone, including his girlfriend that he'd lived with off and on for over a decade.

One of my neighbors, who I didn't know at all, won $3 million over twenty years and was quoted as saying the $53,000 a year might let her buy better Holiday presents but whose life changes over $50,000 a year. That was about thirty years ago, when 50K had a lot more buying power.
The difference between fiction and reality is that fiction is supposed to make sense.
rxwine
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January 31st, 2019 at 12:57:15 PM permalink
Quote: Wizard



As I mentioned before, here is a good lottery story that was on 60 Minutes last Sunday, A retired couple explain exactly how they used math skills and a lottery loophole to win $26 million in 9 years.




Said he saw the flaw in the game in 3 minutes of looking at it. 26 million later...
There's no secret. Just know what you're talking about before you open your mouth.
Mission146
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January 31st, 2019 at 1:20:06 PM permalink
Quote: Nathan

Cash For Life has a 1 in 8 odds of winning. That doesn't seem bad at all until you realize that you are most likely only going to win about $1 extra 95 percent of the time.



Glad this got reopened, because I wanted to ask this:

Nathan, you’ve been here a few years, now it’s time to make your friend Mission146 proud. No cheating!

If the overall odds of the ticket winning are, in fact, one in eight AND of all winning tickets, only 5% win more than $1.00 extra what are the overall odds or probability (your choice) of one ticket winning more than $1 extra?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Lovecomps
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January 31st, 2019 at 2:46:52 PM permalink
Quote: billryan

Has anyone had any friends who hit it big on a lottery?

I was in a gas station on Long Island and this guy comes in, buys an $8 pack of smokes, gives the clerk a twenty, says thank you and walks away. Clerk sees that I observed the whole thing and tells me he sold the guy a $3 million dollar lotto ticket and he comes in a few times a week and tips him $10.

The only person I know who won was a bartender who was at a horrible point in his life when he won. He'd dropped a keg on his foot and never had it looked at, continuing to work and stand on it for weeks. In the end, he had three toes amputated which set him on a serious down hill struggle. He started drinking too much, and was a really nasty drunk. He won a couple of million and immediately went into rehab. We kept hearing he was still in rehab but it tuned out he transferred to a clinic in Florida and completely left NY behind. Left his girlfriend, his two grown kids and everyone without a word. I used to see his son, who had been close to his father but now has nothing good to say. Evidently, he didn't share his winnings with anyone, including his girlfriend that he'd lived with off and on for over a decade.

One of my neighbors, who I didn't know at all, won $3 million over twenty years and was quoted as saying the $53,000 a year might let her buy better Holiday presents but whose life changes over $50,000 a year. That was about thirty years ago, when 50K had a lot more buying power.



As a matter of fact, I have. My wife's cousin's husband won $1,000,000 with a scratch off. They bought a new car and then spent the rest on CD's at the bank.

I told my wife that she should have been closer to her side of the family.
Last edited by: Lovecomps on Jan 31, 2019
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FinsRule
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January 31st, 2019 at 4:03:51 PM permalink
Quote: Wizard

All right, I reopened this thread after re-titling it "Lottery Discussion." This should be a venue to discuss advantage plays in the lottery and general lottery rules and mathematics. It is absolutely prohibited to post lottery picks here and will be punishable with a suspension. I have a feeling this thread will fly off the rails again, in which case my finger is on "close" button and ready to click on it.

As I mentioned before, here is a good lottery story that was on 60 Minutes last Sunday, A retired couple explain exactly how they used math skills and a lottery loophole to win $26 million in 9 years.



They didn’t just use math. They also had access to lottery terminals. In my mind, that makes what they were doing slightly unfair. The same sort of thing goes on in horse racing with big players having faster and direct tote access.

This couple says there were no victims, but there were. Just people who lost a very little bit of ev.
Wizard
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January 31st, 2019 at 4:46:03 PM permalink
Quote: FinsRule

They didn’t just use math. They also had access to lottery terminals. In my mind, that makes what they were doing slightly unfair. The same sort of thing goes on in horse racing with big players having faster and direct tote access.

This couple says there were no victims, but there were. Just people who lost a very little bit of ev.



Can you expand on that? They didn't mention that on 60 Minutes. How did the lottery terminals help?
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gamerfreak
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January 31st, 2019 at 4:48:17 PM permalink
Quote: Wizard

Can you expand on that? They didn't mention that on 60 Minutes. How did the lottery terminals help?


I imagine it’s the only way you could buy as many tickets as they did.
SOOPOO
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January 31st, 2019 at 4:58:02 PM permalink
Quote: Nathan

In two of my local Casinos, a Roulette game is $2 minimum. The Maximum is $500. A $500 straight up bet on say number 20 is a payout of $17,500 before taxes. A Mega Millions ticket is $2. A straight number and the MB say 2,8,9,30,32 mb 10 has paid out 1.6 billion before taxes. Obviously 1.6 billion before taxes is a lot more than just $17,500 before taxes. There is no way that Roulette is the better game to play.



I distinctly remember BBB admonishing Nathan from giving horrendous gambling advice as if she is providing a fact. The above should result in a suspension, hopefully Martingaled....
SOOPOO
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January 31st, 2019 at 5:01:43 PM permalink
Quote: billryan

Has anyone had any friends who hit it big on a lottery?



I had a friend who won a $6 million prize. I think he got $2 million or so after the discount for prize immediately and taxes. He is a super nice guy, but was already making 7 figures a year or just under it. Not life changing at all.
FinsRule
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January 31st, 2019 at 5:02:00 PM permalink
Quote: Wizard

Can you expand on that? They didn't mention that on 60 Minutes. How did the lottery terminals help?



It’s been a couple months since I read the whole story, but I think they paid off a lottery vendor to allow them to sit in the back room of the convenience store and just print ticket after ticket. I think there might have been hours restrictions they violated too.
billryan
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January 31st, 2019 at 5:03:03 PM permalink
Quote: SOOPOO

I distinctly remember BBB admonishing Nathan from giving horrendous gambling advice as if she is providing a fact. The above should result in a suspension, hopefully Martingaled....




Why not let the mods do there job instead of being the class tattle? Have you nothing better to do? Maybe go tell some people that make one tenth what you do how irresponsible they are, or something constructive? If something is suspension worthy, do you not trust the mods to be able to do their jobs? Do you think they are so incompetent that BBB needs to be reminded what she said?
The difference between fiction and reality is that fiction is supposed to make sense.
unJon
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January 31st, 2019 at 5:27:21 PM permalink
Quote: billryan

Why not let the mods do there job instead of being the class tattle? Have you nothing better to do? Maybe go tell some people that make one tenth what you do how irresponsible they are, or something constructive? If something is suspension worthy, do you not trust the mods to be able to do their jobs? Do you think they are so incompetent that BBB needs to be reminded what she said?

I strongly feel this post is a person insult directed at me. :-)
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
Keeneone
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January 31st, 2019 at 7:25:46 PM permalink
Quote: Wizard

Can you expand on that? They didn't mention that on 60 Minutes. How did the lottery terminals help?


I think this story came out years ago and was "refreshed" with the recent 60 Minutes piece. Older story:
http://archive.boston.com/news/local/massachusetts/articles/2011/10/16/a_game_of_chance_became_anything_but/
djatc
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January 31st, 2019 at 10:55:27 PM permalink
Whatever you feel about Nathan, she sure has put the lottery seed in my head. Sometimes I think about driving out to the Primm border to buy some tickets.
"Man Babes" #AxelFabulous
KevinAA
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January 31st, 2019 at 11:46:43 PM permalink
There is a forum I visit occasionally that is devoted to the lottery. They have general discussion (where I try to correct people's superstitions), and there is a subforum that has nothing but lottery number predictions. I'll post the link if allowed.
MaxPen
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February 1st, 2019 at 1:12:57 AM permalink
Quote: djatc

Whatever you feel about Nathan, she sure has put the lottery seed in my head. Sometimes I think about driving out to the Primm border to buy some tickets.


Pick one up for me. I will pay you back double when it hits.
Nathan
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February 1st, 2019 at 3:27:22 AM permalink
Quote: Mission146

Glad this got reopened, because I wanted to ask this:

Nathan, you’ve been here a few years, now it’s time to make your friend Mission146 proud. No cheating!

If the overall odds of the ticket winning are, in fact, one in eight AND of all winning tickets, only 5% win more than $1.00 extra what are the overall odds or probability (your choice) of one ticket winning more than $1 extra?



The overall odds or probability of one ticket winning more than $1 is about 2 percent IMHO.
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
PokerGrinder
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February 1st, 2019 at 3:28:24 AM permalink
Quote: djatc

Whatever you feel about Nathan, she sure has put the lottery seed in my head. Sometimes I think about driving out to the Primm border to buy some tickets.


Fish
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
dory364
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February 1st, 2019 at 3:29:07 PM permalink
Quote: Nathan

The way I see it, once that 1.6 billion dollar ticket is pulled up, the frenzy is OVER. Even people who were talking crap about how bad Lottery Odds were were buying tickets themselves when it reached the billion dollar mark. So, no more Frenzy=less people playing money in the Lottery=Oh crap from The Florida Lottery Commission. ;)


Figure I let you know that your correct about this.
djatc
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February 1st, 2019 at 4:08:22 PM permalink
Quote: PokerGrinder

Fish



umad tho. I'm not buying you unlimited trips to thighland if i win
"Man Babes" #AxelFabulous
Nathan
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February 8th, 2019 at 7:29:19 PM permalink
Has this ever happened to you? A Lottery Clerk at a gas station told me my ticket was not a winner. I told him off saying something like,"Don't play with me! I checked my numbers on the Florida Lottery website and they matched!" He had a look of,"Damn, she's smarter than I thought!" And weakly claimed that he was just joking and paid me my money. -.-

There was a Dateline episode where Dateline were giving $1,000 and in one case a $500 winning tickets to random Lottery Clerks for them to scan to check their honesty. The Dateline Employees were undercover and had hidden cameras on them. Most of the random Clerks were honest(One of them even said something really helpful like,"You really should sign this winning ticket and go to the Lottery Office.")and told the truth, but 6 Clerks straight up lied and said the tickets were all losers and kept the tickets and like 5 of them either have it to their family member who claimed it or they claimed it themselves.

One person lied, kept it but didn't cash it in. A 7th person admitted that the ticket was a winner but did Lottery Discounting when the Undercover Dateline Employee claimed they had debts and they knew that The Lottery would keep all the money to pay off the debts if they went to the Lottery Office to claim it in person and not give it to the winner to spend. The Clerk said he would "buy," the ticket for about $600. She agreed, and he gave her the $600 and she gave him the ticket. Although he was not arrested for buying the ticket from her, his store lost the Lottery licence since Lottery Discounting is against Lottery Rules and Regulations, although not illegal. Posters on YouTube said that they felt the Lottery Discounter should not have had his Lottery Licence revoked because he was actually trying to help someone who told him she had debts that she knew The Lottery would use all of her winnings to pay them off and not give it to her. They said he should have been left alone, although they agreed the 6 liars deserved to be punished.


The guy who only kept the ticket but didn't claim it was merely fired, after his boss said he did nothing wrong. WTF? LMAO. :/ :D. The only thing stopping him from being arrested and sentenced to jail was the fact that he did not claim but, merely just kept it. The other 5 Clerks were arrested and sentenced to 4-6 months in jail along with the family Members who claimed it.

So have any Lottery Clerks attempted to scam or have scammed/attempted to scam you or anybody you know/heard of?
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
boymimbo
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February 9th, 2019 at 3:23:31 AM permalink
Ontario has self-scanners. You scratch off a code (it's like a QR code) and put it against a reader and it tells you the value of the winning ticket or not a winner. The same is true for lotto.
There have been cases where they may "forget"to scan one of your winners. Large prizes here are always investigated before getting paid.
----- You want the truth! You can't handle the truth!
heatmap
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February 9th, 2019 at 10:20:49 AM permalink
Quote: boymimbo

Ontario has self-scanners. You scratch off a code (it's like a QR code) and put it against a reader and it tells you the value of the winning ticket or not a winner. The same is true for lotto.
There have been cases where they may "forget"to scan one of your winners. Large prizes here are always investigated before getting paid.



same in PA... but if i were a scammer i would keep a losing ticket near and keep a keen eye out for the winners and wait for someone who didnt scan it... luckily im not a scammer
Nathan
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February 10th, 2019 at 1:16:57 AM permalink
Something smells like rotten fish at Google. Google's Lottery Powerball question asks "Did you win Powerball's 224 million dollar Jackpot?" Usually they ask this question when someone hit the Powerball Mega Jackpot. I went to Florida Lottery Website and according to FLW, the 224 Million dollar Powerball wasn't won. In fact, it now sits at 242 Million. Why would Google make it seem like The Powerball 224 Million was won?
In both The Hunger Games and in gambling, may the odds be ever in your favor. :D "Man Babes" #AxelFabulous "Olive oil is processed but it only has one ingredient, olive oil."-Even Bob, March 27/28th. :D The 2 year war is over! Woo-hoo! :D I sometimes speak in metaphors. ;) Remember this. ;) Crack the code. :D 8.9.13.25.14.1.13.5.9.19.14.1.20.8.1.14! :D "For about the 4096th time, let me offer a radical idea to those of you who don't like Nathan -- block her and don't visit Nathan's Corner. What is so complicated about it?" Wizard, August 21st. :D
juwarikhan
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May 20th, 2019 at 10:57:03 AM permalink
Quote: boymimbo

Ontario has self-scanners. You scratch off a code (it's like a QR code) and put it against a reader and it tells you the value of the winning ticket or not a winner. The same is true for lotto.
There have been cases where they may "forget"to scan one of your winners. Large prizes here are always investigated before getting paid.



I don't think this will not possible in lotto world. Everybody has their own way of thinking and his own thoughts I am not agree with you. this will be not a possible everybody gets lots of money to share trick and send a random number
Mission146
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May 22nd, 2019 at 10:40:23 AM permalink
Quote: Nathan

The overall odds or probability of one ticket winning more than $1 is about 2 percent IMHO.



Not a bad guess. First you take the 1/8 of the ticket being a winner in the first place, then you multiply the 1/20 (5%) chance of it winning more than $1 extra assuming it is a winner, so:

(1/8) * (1/20) = 0.00625 or 0.625% which is about 1 in 160.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
billryan
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May 22nd, 2019 at 12:28:30 PM permalink
Quote: Mission146

Not a bad guess. First you take the 1/8 of the ticket being a winner in the first place, then you multiply the 1/20 (5%) chance of it winning more than $1 extra assuming it is a winner, so:

(1/8) * (1/20) = 0.00625 or 0.625% which is about 1 in 160.



So you are saying there is a chance?
The difference between fiction and reality is that fiction is supposed to make sense.
FleaStiff
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May 26th, 2019 at 1:43:13 AM permalink
Quote: billryan

So you are saying there is a chance?

Okay folks, its gonna going to happen again.

MegaMillions is up to 418MM for the next drawing (which will be Tuesday), but the opening page on my laptop, which is some click-bait laden MSN thingie that I can't get rid of put this sum on high rotation and therefore its likely to be even higher.

Its too far a walk for me to buy a ticket but I'd I would surely like to buy a car and say "adios" to Food Bank Cuisine. The trouble is I think all lotteries are Mega-Ripoffs and I do not consider anything less than $100.00 to be a "win" so this free ticket or some piddling amount of money is not considered a return on 'investment'. If the word investment can even be used in a thread dealing with lotteries.

The social workers will authorize someone to teach me how to sort and fold laundry or some such stuff but they will not pay for a blackjack tutor. Also the social workers will not provide transportation to or from any casino, not even the local Seminole joint. So the lottery may be my only "gambling" activity that I have available to me.

Anyone have the skinny on my chances of winning $418MM if I do get a ticket versus if I don't get a ticket.
KevinAA
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May 26th, 2019 at 2:57:35 AM permalink
Quote: FleaStiff

Okay folks, its gonna going to happen again.

MegaMillions is up to 418MM for the next drawing (which will be Tuesday), but the opening page on my laptop, which is some click-bait laden MSN thingie that I can't get rid of put this sum on high rotation and therefore its likely to be even higher.

Its too far a walk for me to buy a ticket but I'd I would surely like to buy a car and say "adios" to Food Bank Cuisine. The trouble is I think all lotteries are Mega-Ripoffs and I do not consider anything less than $100.00 to be a "win" so this free ticket or some piddling amount of money is not considered a return on 'investment'. If the word investment can even be used in a thread dealing with lotteries.

The social workers will authorize someone to teach me how to sort and fold laundry or some such stuff but they will not pay for a blackjack tutor. Also the social workers will not provide transportation to or from any casino, not even the local Seminole joint. So the lottery may be my only "gambling" activity that I have available to me.

Anyone have the skinny on my chances of winning $418MM if I do get a ticket versus if I don't get a ticket.



The probability of winning is 1 in 300 million.

$418 million is the sum of annuity payments. The present value is only $263 million, minus taxes that leaves you with about $150-$160 million. The ticket costs $2. The smaller prizes are worth something, but not that much, so it's still -EV.

If you have $2 to throw away, go for it. If you need every dollar you have, don't waste your money on a ticket.
rxwine
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February 4th, 2023 at 5:24:51 AM permalink
Quote:

A Canadian teenager won $36 million in the lottery with the first ticket she ever bought.

University student Juliette Lamour, 18, said that her grandfather had suggested that she buy the ticket.

Juliette Lamour had just turned 18 when she bought the winning ticket.

The Ontario Lottery and Gaming Corporation announced that Lamour was the winner of the C$48 million ($36m) prize in a statement on Friday.



https://www.msn.com/en-us/lifestyle/lifestyle-buzz/a-teenager-won-36-million-in-the-lottery-with-the-first-ticket-she-ever-bought-for-fun/ar-AA175PQs?ocid=msedgntp&cvid=47da4c953d28462380a37b0c06bfa676
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avianrandy
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February 4th, 2023 at 6:19:26 AM permalink
A coworker went to cash a ticket he knew was a winner. The clerk told him it was not a winner.the coworker said he wanted the ticket back and the clerk said why it isn't a winner? Coworker told him he was entering a second chance drawing. So much for the clerks good fortune.karma is all I am going to say ps ticket was worth $500
rxwine
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February 4th, 2023 at 7:19:12 AM permalink
Quote: avianrandy

A coworker went to cash a ticket he knew was a winner. The clerk told him it was not a winner.the coworker said he wanted the ticket back and the clerk said why it isn't a winner? Coworker told him he was entering a second chance drawing. So much for the clerks good fortune.karma is all I am going to say ps ticket was worth $500
link to original post



I don't know how many lottery players play the 2nd chance drawings, but anyone who is near or has access to tossed tickets could potentially pick up winning tickets, plus those would be tickets they didn't even have to buy initially.
There's no secret. Just know what you're talking about before you open your mouth.
avianrandy
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February 4th, 2023 at 7:40:21 AM permalink
Very true. My coworker has been on a roll. He started after another player didn't want the online tickets the clerk printed. They were singles and the customer wanted them all on the same ticket. Their was $42 worth. He ended up with $780 off them. He bought $600 worth of scratcher last weekend.all $20 tickets in groups of 5 from different places. He ended up winning $2,500
rxwine
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May 28th, 2023 at 9:21:01 AM permalink
Mega Winner buys shack

Quote:

The winner of the $2-billion Powerball jackpot isn’t wasting any time spending the money. Edwin Castro, who came forward last month to collect the record-setting lottery prize, just spent $25.5 million on a new house in Hollywood Hills.

Castro, who chose to collect the money as a lump sum of about $997.6 million before taxes, bought the modern mansion under a limited liability company, records show. The splashy purchase amounts to around 2.56% of his winnings.

It’s the most expensive sale in Hollywood Hills this year and among the neighborhood’s priciest ever. Castro got a slight discount on the property, which listed for $29.95 million last summer.

There's no secret. Just know what you're talking about before you open your mouth.
GenoDRPh
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May 28th, 2023 at 9:55:20 AM permalink
Quote: rxwine

Mega Winner buys shack

Quote:

The winner of the $2-billion Powerball jackpot isn’t wasting any time spending the money. Edwin Castro, who came forward last month to collect the record-setting lottery prize, just spent $25.5 million on a new house in Hollywood Hills.

Castro, who chose to collect the money as a lump sum of about $997.6 million before taxes, bought the modern mansion under a limited liability company, records show. The splashy purchase amounts to around 2.56% of his winnings.

It’s the most expensive sale in Hollywood Hills this year and among the neighborhood’s priciest ever. Castro got a slight discount on the property, which listed for $29.95 million last summer.


link to original post



He's also being sued in a crackpot lawsuit (in my opinion).

.https://www.nbcnews.com/news/us-news/winner-historic-2b-powerball-sued-man-claims-ticket-was-stolen-rcna86400
rxwine
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July 2nd, 2023 at 7:31:14 AM permalink
Just a slight change in form, and we could be calling it LOOT-O
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rxwine
rxwine
  • Threads: 209
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Joined: Feb 28, 2010
July 13th, 2023 at 7:01:30 AM permalink
Quote: rxwine

Just a slight change in form, and we could be calling it LOOT-O
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Dang it. I think I'm going to buy a Powerball ticket. No need to repeat the known odds. But if there is going to be "that guy" that won with one ticket...I hate to miss my chance.

Don't ask me to defend this.
There's no secret. Just know what you're talking about before you open your mouth.
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