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Originally posted by gribbler
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This. The idea that your expected return is actually higher when the jackpot hits 360 million is failing to take into account the fact that for most people, the difference between 100 million and 200 million is the number on your tax return.If there is no sound in space, how come you can hear the lasers?
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FTFYOriginally posted by Colon™ View PostIf there is no sound in space, how come you can hear the lasers?
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What are the taxes on Powerball winnings? 35%? Or are they in a higher bracket?<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote.Comment
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Excuse me, try it 175 millions time and then let us know.Originally posted by Colon™ View PostIt's almost as if all his overconfident, absolutist assertions were spoonfed to him by a trusted website or subreddit. Sheeple
RIP Tony Bogey & Baron OComment
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And you try the lottery 175 million times as well and let us know.Originally posted by rah View PostDISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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There is a difference between long odds and impossible.
At least winning the lottery is quantifiable.
Your examples not as much. That's the only point I was trying to make. We can disagree on what we believe is impossible.It's almost as if all his overconfident, absolutist assertions were spoonfed to him by a trusted website or subreddit. Sheeple
RIP Tony Bogey & Baron OComment
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Apparently Rah doesn't understand math.
Ticket is 1.00
Average winnings/ticket = 70 cents.
That's worse odds than a casino with win margins in the 80s and 90s.Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
"Remember the night we broke the windows in this old house? This is what I wished for..."
2015 APOLYTON FANTASY FOOTBALL CHAMPION!Comment
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The point that was trying to make that in line with Japher's reasoning, the odds are better than why don't try at all. Naturally, as HC so ingeniously pointed out, you're far more likely to end up in prison. As you are far more likely to waste money by playing the lottery.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Yes, Ben. We all know that you want to **** Jag.Originally posted by Ben Kenobi View Post“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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As I believe Clarke put it, "any sufficiently long odds are indistinguishable from OMG you're just wasting your money you ****stick."
Or something like that.Comment
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I think of the lotto as "lightning insurance." Pay me a two-buck premium daily and, if you get zapped one day, you'll win [x]. You can discontinue coverage at any time, and pick it back up without penalty. But if you miss a single payment you get zilch for getting struck on that day.
There's really not much X could be that makes lightning insurance a non-idiotic idea. Especially not if you're the sort of working-class schlep who typically plays the lottery. All those two-buck tickets could have been spent on improving your life or, barring that, buying you more crappy fast food or cigarettes or something else noxious that you'll actually enjoy.Comment
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