Another Saturday, and another $10 wasted on losing lottery tickets.
I know playing the lottery is nigger-tier but part of me wants to do it anyway.
>>24776120
I know that feel, OP.
If you won, what would you spend it on?
How much should I spend on lottery for the next draws, and which games?
Part of my feels like I should completely stop playing the powerball and mega millions, because I'm mathematically more likely to win a Fantasy 5 jackpot every year for the next 30 years than to win one of those jackpots ever, and I'm still more than 6 times more likely to win the Super Lotto.
Still though, I feel I must play at least 2 entries on the Power and Mega so at least I have a chance, no matter how small, and can enjoy daydreaming about it. That will me my goal then to manage gambling addiction, buy only 2 for each Powerball and Mega Millions, and shift most of my gambling to the Pick 5 game, which has less unrealistic odds of winning hundreds-tens of thousands.
>>24776143
The way I see it, winning the lottery is the easiest way to just break into financial abundance with little risk, skill, time and effort.
>>24776203
All the experiences I would like to have in live that money can buy, but without having to "work" for money ever. Initially I would move out of my parent's front room and rent a 1br apartment, soon afterwards I would do lots of traveling, explore and develop hobbies and interests that I can't do without the freedom of financial abundance. Over my life I would develop actual useful skills which are congruent with my lifestyle, and would allow me to be a part of a post-monetary community if most of the world is destroyed by war, climate change, nuclear accidents, etc.
>>24776407
>1br apartment and traveling
Lame.
126k acres of land here I come.
Is $8 million enough to live very comfortably on for the rest of your life?
Need your thoughts on this, you might just convince me to just play the state lotto and pick 5, and stop wasting money on the national lotteries with ridiculously unrealistic chances of winning the jackpot.
>>24776457
For one thing, ownership equals responsibility. If I won the lottery I could buy a house and land any time I want, but since I don't know anything about maintaining such things, it would be foolish to go right from leeching off my parents to managing 126 acres of land.
When you lease things like homes and cars instead of buying, you get to enjoy the usefulness of them without the responsibility, and its easier to change them once your lease is up.
Secondly, I don't get pleasure from owning things, in fact quite the opposite, it feels shitty owning things you don't need or use. It would make sense to have that much land if I have a purpose for it, but presently, a big house and lots of land would be depressing if all I do there is eat, shit, sleep, watch TV, fap and shitpost.
>>24776120
Speed weed guy here again tfw just wasted all my shit on a big sack of weed
Man if I won the lottery or publishers clearing house I'd be the worst person there ever was, like a cartoon villain almost
>>24776733
Honestly, depends on your life plans...
If you plan on having kids, it's doable, but it won't be a glamorous life. It's estimated that patents spend around 1 million dollars per child. And it would even be more tight if you are in a relationship with someone.
So, if you were single, and living in an appropriate living space, you could live off of that money for the rest of your life. And comfortably too. But if you have kids and a wife, you would have to consider getting some type of work for some extra money.
>>24776733
eight million is plenty to live on comfortably for the rest of your life. you would invest it, even in something super secure and just the interest would easily sustain you. with just a 1% return on the money, you'd have 80k a year. 4-5% is probably a more typical return.
>>24776120
you could have gotten a decent handjob for $10, remember that next time
>>24777131
>the interest would sustain you
You dont live in America do you?
I wonder if there are any robots who won the lottery.
>>24776120
whats up Elliot?
blox
>>24777123
>So, if you were single, and living in an appropriate living space, you could live off of that money for the rest of your life.
Yes. No kids or wife, able to travel frequently, rent modern apartments and vehicles, enjoy high quality food and supplements, generous entertainment budget.
>>24777131
>>24777233
It would be divided between different types of bank accounts and investments. Even if I only won $8 million, I would want any of my personal investments in corporations that do things like fracking, GMOs, shit quality pseudo-food, or anything else like that which actively destroys the earth and its inhabitants. I'm thinking IT, defense, alternative energy, organic food, short-term real estate, etc.
>>24777198
>>24776990
Drugs and sex is a waste of money in comparison to gambling on the lottery
>>24777255
I witnessed one actually claiming to have won a powerball jackpot, and many others who won small prizes of a million or less.
Also particularly memorable are the guy in Canada who became a multi-millionaire from patenting a few simple mechanical dohickeys, they guy who had stock options with Yammer and got $14 million after they were bought out by microsoft, and more often I hear of people born into wealth or with multi-million inheritances which set them for life. I have some inheritance, but since its not enough to live off of, and I don't want to rick losing it in case I'm ever in deep financial distress, I only spend $10k/year while being NEET, and the plan was spend less than $1000 per year on lottery tickets, but I reckon I damn well could have spend $4000 in the past 3 years since I have been a regular and frequent lottery player.
>>24777527
>>24777527
kek, I remember that weekend. The day after Elliot's rampage, the Super Lotto was "$70 million," highest its ever been since I've been a lotto addict, I went to Kroger intent on spending $10 for super lotto tickets around 8pm, looked up at the display screen on the lottery vending machine only to see that someone else won the jackpot, and the numbers weren't similar to what I had at home, so thus instead bought 5 Powerball tickets.
Most Elliot ever spent on a single draw according to him I recall was $700. My max was $40, which was during the last Powerball draw this September, before they changed the game to make it over 100 million times more unlikely to win the jackpot. I only won $4 back, and someone in Michigan won the '$301 million" jackpot
can i buy lotto tickets online or someplace i don't need to go outside for?
i just want enough money to not have to work and not have to live with my parents
>>24776120
Lottery is literally a tax on the stupid.
>>24777725
>i just want enough money to not have to work and not have to live with my parents
me too, duh that honestly the whole reason. I don't want to live with my parents anymore, and I don't want to work either. Even if I somehow managed to get a job, I'd just be working poor for the rest of my life unless I win the lottery it seems.
Some US states allow you to buy lottery tickets online. I actually think thats a bad idea though, being able to gamble at home with the touch of a button. Many supermarkets and pharmacies have vending machines where you buy lottery tickets, but if using coins or redeeming small winning tickets, have to bring it to the guy behind the counter, or at a 7-11, gas station, liquor store, cigar shop, or other random places that happen to sell lottery.
>>24777824
As much as I know this logically, the feeling that winning the lottery is the only way to live my dreams, and the only way to not be working-poor at beast is enough to keep me playing it.
As I brainstormed previously on these threads, even if I never win, the fact that it makes the reality of life in the capitalist world less depressing makes it all worth it, as long as I don't spend beyond my means. Thats why even though my goal is ultimately to win the lottery, its my goal to reduce my gambling addiction in totality, and shift it toward lottery games with less ridiculous odd of winning.
>>24776120
I lost too, OP. Think chances of winning are higher on the super and fantasy 5.
Lottery tickets and cigarettes are the idiot taxes of the world
>>24778358
some statistic professor I had said everyone SHOULD buy a lottery ticket. just one, just to have a chance, as long as they don't blow all their money on it. just because you might be that lucky person and have your life changed forever. my grandfather bought two tickets a few years ago, one ended up being for $10k and the other for $100k. so, you know, it COULD happen. it could be you
Even when the powerball is like 500 million, when you factor in taxes it still has negative expected value.
You should work on cracking scratch tickets instead:
http://www.thestar.com/news/gta/2011/02/04/toronto_man_cracked_the_code_to_scratchlottery_tickets.html
>>24778484
This.
Buy lottery ticket: Chance at becoming a multi-millionaire > 0%
Don't buy lottery ticket: 0% chance at becoming a multi-millionaire (given certain assumptions (e.i. no wealthy family members, average job/career, etc.)
>>24778582
like shit nigga why don't you just speculate on small caps?
it's gambling for adults
>>24778484
>some statistic professor I had said everyone SHOULD buy a grizzly bear attack insurance. just one policy, just to have a chance, as long as they don't blow all their money on it. just because you might be that unlucky person and have your life changed forever. my grandfather bought two tickets a few years ago, one grizzly bear cub ended up attacking him and then the momma bear too . so, you know, it COULD happen. it could be you
>>24778657
What conditions are those statistics based on?
Someone in South Africa has a lesser chance of being attacked than someone in Alaska.
Your analogy is useless here.
>>24778657
The unique thing about lottery though is its the most extreme version of "low risk - high reward" gambling. Each ticket entry only costs $1 or $2, and has potential for you to win thousands or millions.
>>24778702
Someone in Alaska has a far greater chance of being attacked by wild bears, while someone in South Africa has a far greater chance of being attacked by wild niggers.
>>24778657
>implying a $10 ticket is comparable to multi-thousand-dollar insurance when the rewards aren't even in the same range and the least expensive option has the greater possible reward
just stop frog
>>24777123
>1 million per child
That's 50k per year on 1 child if you keep him around until he's 20. I know I saw something that said the real number is around 300k from birth until 18 and that may include college
>>24778738
Wild nigger insurance wasn't the premise here.
>>24778604
>What are asymptotes
Your odds of winning lottery are so low that they might as well be zero, given the frequency you should be playing the lottery as per the kelly criterion
>>24778702
Also, "buying grizzly bear insurance" does not in any way increase or decrease your odds of being attacked by a grizzly, while buying a lottery ticket does increase your chances of winning the lottery, and indeed is absolutely necessary. But the odds of being attacked by a bear are not related to whether the "attackee" has bear insurance.
>>24778828
But they aren't zero.
Do you not understand math?
>>24778718
But it is extremely rare that anyone just buys "1 or 2", especially the ones who actually win. Much more likley are the ones who spend 75% of their paycheck every week and never win more than $5 a month (whcih they turn right around and spend on tickets).
>>24778812
Those totals usually don't include college, since it varies wildly how much college costs (community college vs Ivy League, etc) and not everyone goes. But it also doesn't include expenses after the age of 21 which are plenty in most cases--many parents still pay for the weddings of their daughters, for example
>>24778868
Do you? Do you understand kelly criterion, expected value, etc?
>>24778883
its common for normal folks to just buy a single lottery ticket once a week. For me, limiting it to $20 total per week would actually be an improvement. This week I probably spent twice that much in total, on the top 4 lotteries.
Lets see: $28 on powerball, $8 mon mega millions, $10 on super lotto, at least $4 on fantasy 5, well make that $50 then, shit.
>>24778702
>>24778718
>>24778739
Just pay your retard tax and shut up then. Stop trying to suck other people into your money pit of a hobby. Why would you want more people playing the lottery? Then if you both win you have to split it. Sounds like misery loves company to me
>>24779021
They're rubes mate, they love the the thrill of gambling but they're too stupid for things like poker, the stock market or even CSGO betting.
I'm just thankful for these idiots because they fund a lot of government programs that would otherwise require a heavy tax burden on productive people.
>>24779021
> trying to suck other people into your money pit of a hobby
Are you actually thinking I'm trying to do this?
>>24779067
>too stupid for things like poker, the stock market or even CSGO betting.
True desu. There also that lottery is low risk - high reward, and a more immediate fullfillment of the fantasy of wealth.
I assume to get rich with any type of investing, and not have to wait 30 years, I would already need at least $100k, and be willing to risk losing most of it.
>Rodger became convinced that winning the Megamillions lottery was his destiny. He began obsessively playing it and even drove to Arizona from California four times to buy Powerball tickets. "I saw winning the lottery as the only way out," he wrote.
>"I knew I was always destined for great things. This must be it! I was destined to be the winner of the highest lottery jackpot in existence. I knew right then and there that this jackpot was meant for me. Who else deserved such a victory? I had been through so much rejection, suffering, and injustice in my life, and this was to be my salvation. With my whole body filled with feverish hope, I spent $700 dollars on lottery tickets for this drawing. As I spent this money, I imagined all the amazing sex I would have with a beautiful model girlfriend I would have once I become a man of wealth."
>After repeatedly not winning the lottery, Rodger saw that his plan for his "Day of Retribution" against the world "was more real than ever before."
>"Without the prospect of becoming wealthy at a young age, I had nothing to live for now. I was going to be a virgin outcast forever. I realized that I had to start planning and preparing for the Day of Retribution, even though I hadn't yet had any idea of what day that would be."
http://www.cnn.com/2014/05/25/justice/california-shooting-revelations/
>>24779197
He was already wealthy and could have had a comfortable leisurely life if he stopped fixating on being a virgin, or just accept that women are vapid whores and go fuck an escort if he wants sex.
>>24776407
Why buy more than 1 ticket? There are 175.2million different combinations with Powerball.
1/175,223,510 is your exact chance. Do you really think increasing that probability to 2/175mil is going to mean anything? Save your $2 for the next week, friend.
>>24776120
Why dont you bet at sports senpai?
>>24779197
newfag spotted
that's literally the reason why this guy does this unironically
>>24779703
Lots of emotional rationalizations of why if I'm going to buy lottery tickets, at least 2. And as I say, limiting my forthcoming purchases of Powerball and mega Millions to 2 per draw would be an extreme improvement to my gambling problem.
I often do buy just one if its the first or second draw after the jackpot reset. And since fantasy 5 is every day, and most of the time someone wins and the jackpot stays at 65000-85000, I sometimes like to get one dollar ticket every day, more if the jackpot rises.
Fantasy 5 was actually improved recently where the jackpot nearly doubles every day there is no winner. I am considering though that $1-2 per day on fantasy 5 even with liming major lotto to 2 entries per draw would be more than my $20/week ideal limit.
>>24779774
I don't know anything about sports, or betting, or sports betting.
>>24779786
If only Elliot would have spent all the money he used for weapons and sunglasses for lottery tickets instead.
bumpem
Just buy 1 ticket per lotto. Go cold turkey until you can get a better handle on your addiction.
>>24779618
He checked out too early and hadn't had this realization turning point yet. A lesson to you all kids.
>>24781656
No, I'll buy 2 and you can't stop me!
>>24781729
or 3 or 5 or 10...
>>24776120
Feel bad for you Americansz
Here in the UK. We get ours tax free.
