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Old 09-20-2011, 03:46 PM  
MrMaxwell
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Join Date: Jul 2005
Posts: 10,057
Quote:
Originally Posted by BestXXXPorn View Post
The mathematical probability you use is incorrect... There is no "combining" odds. Just because you play every day/week doesn't make your odds go up in subsequent drawings... if you are purchasing your 100,000th ticket on day whatever the probability that you will win is still 1 in X where X equals the amount of possible unique tickets / numbers. You can not treat a group of events like a single event.

But mainly; accumulating meaningful wealth isn't about luck (although some people do "get lucky"). It is definitely about putting in a LOT of hard work and making smart investments with your money and time. Smart investments do not include lottery tickets ;)

Just about any self made millionaire will tell you it wasn't their first company that succeeded, it was their second, third, or fourth.

Considering that the average poor idiot uses any discretionary income buying liabilities or junk that is consumable or has ZERO value (look at a poor persons house full of cell phones and stupid lamps sometime).... they're actually losing nothing by purchasing lottery tickets.

It's kind of hilarious when you consider that even buying something that has a 1:9999,999,999,999,999,999 chance of being worth anything is probably a better investment than whatever else they would have bought (cigarettes, fuzzy dice, hanging balls for their trailer hitch, trailers, meth, etc)
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