can someone tell me how the lottery works?

[goirish#1]

I would like to know how the lottery works and if someone could tell me how that works and how the betting works, I would like to know thanks!

 

[leprechaun4life]

You have to have $500 in cash to buy a daily lottery ticket

 

[SoCalDomer]

why did two $500 lottery tickets cost me $1058?

why did another person who bought 5 $500 tickets only have to pay $2010??

 

[ACamp1900]

It could have to do with the other person being a Varsity Member????

 

[GoshenGipper]

I do believe VC members get discounts on vbPlaza items. I usually forget we even have a lottery untill some one brings it up. I've never played it.

 

[SoCalDomer]

I figured out there's a 2.75 percent purchase tax. What !?! that's more interest than the bank (2%) offers. It also appears there's a tax on the pot (winners history shows a small percentage is taken off the pot compared with the total payout) Do we have democrats running the lottery or what? Does that money go to the schools? hee hee grin: Just hav'n fun. No one get their panties in a bunch.

 

[SoCalDomer]

Alright I think this lottery is fixed. At least it's not based on mathematical probability.

I think I played the Daily lotter last three days. The first day I bought two tickets, someone else bought 5. Doesn't seem unusual that the one who bought 5 tickets would have a better chance at winning.

But, the next day I bought 5 tickets, someone else bought one ticket. The one ticket purchaser won. Highly unlikely, but that's luck right?

Next day, I bought 5 tickets, someone else bought one ticket. The one ticket purchaser won again!

The likelihood that the one ticket purchaser would win against the 5 ticket purchaser on two consecutive days seems extremely unlikely. Similar odds to rolling dice, getting a one and rolling again and getting a one. (I took Mathematical probabilities too long ago, but I believe its 1:36)

At least the lottery money goes to the v-kids right?

 

[stonebreakerwasgod]

Don't give them any ideas. Acamp, GG, and HCTI are going to want to start taxing our gambling earnings.

 

[mlcspinner]

Alright I think this lottery is fixed. At least it's not based on mathematical probability.

I think I played the Daily lotter last three days. The first day I bought two tickets, someone else bought 5. Doesn't seem unusual that the one who bought 5 tickets would have a better chance at winning.

But, the next day I bought 5 tickets, someone else bought one ticket. The one ticket purchaser won. Highly unlikely, but that's luck right?

Next day, I bought 5 tickets, someone else bought one ticket. The one ticket purchaser won again!

The likelihood that the one ticket purchaser would win against the 5 ticket purchaser on two consecutive days seems extremely unlikely. Similar odds to rolling dice, getting a one and rolling again and getting a one. (I took Mathematical probabilities too long ago, but I believe its 1:36)

At least the lottery money goes to the v-kids right?

you are one unlucky son of bitch

 

[stonebreakerwasgod]

I would like to know how the lottery works and if someone could tell me how that works and how the betting works, I would like to know thanks!

No problem dude.....You bet money, and you never win.

Questions?

 

[stonebreakerwasgod]

Besides, with the amount of money you have, you should be conserving money as opposed to blowing it.

 

[KamaraPolice]

No problem dude.....You bet money, and you never win.

Questions?

LOL.

 

[SoCalDomer]

you are one unlucky son of bitch

I know. When I play video poker on the computer, it shuts itself off until I pay up.

No problem dude.....You bet money, and you never win.
Questions?

Kinda like when I got married. I put money in my wallet, then its gone.

Besides, with the amount of money you have, you should be conserving money as opposed to blowing it.

I know. But if the lottery money goes to the v-schools and benefits the v-kids, it's foolish NOT to play.

 

[HereComeTheIrish]

I know. When I play video poker on the computer, it shuts itself off until I pay up.



Kinda like when I got married. I put money in my wallet, then its gone.



I know. But if the lottery money goes to the v-schools and benefits the v-kids, it's foolish NOT to play.

The V-Kids appreciate your support.

 

[kjones]

Statistically, with the number of days the lottery has been around, that someone would be in your case is not actually surprising. Especially since I'm pretty sure you and the other people weren't the only ones buying tickets, and that more than one person bought only one ticket. As the number of people buying just one ticket goes up, it actually becomes VERY likely for this scenario to happen.

Say you buy 5, but 20 people buy just one. It's actually 80% probable that someone who just bought one ticket wins, while only 20% probable that you win.

But even if something is improbable, doesn't mean it can't happen. I could look at the buying history and give you a real statistical breakdown if I wasn't so lazy, or if it was actually worthwhile, but hopefully you get my point. I think that point is that I am a nerd, which I think came across pretty well.

 

[GoshenGipper]

Yeah, it did.

 

[KamaraPolice]

I figured out there's a 2.75 percent purchase tax. What !?! that's more interest than the bank (2%) offers. It also appears there's a tax on the pot (winners history shows a small percentage is taken off the pot compared with the total payout) Do we have democrats running the lottery or what? Does that money go to the schools? hee hee grin: Just hav'n fun. No one get their panties in a bunch.

not quite. technically, you have to put it into annualized terms.

 

[SoCalDomer]

bump. another feature some of the newbies may not be aware of. go back to the first post.