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Started By
Message
No Mega Millions winner, Pot now at 1.6 Billion
Posted on 10/20/18 at 7:38 am
Posted on 10/20/18 at 7:38 am
14
Posted on 10/20/18 at 7:44 am to Tiger Nation 84
When the lump sum after taxes gets to $1b it will have my attention.
Posted on 10/20/18 at 7:48 am to Tiger Nation 84
It should move up by Tuesday.
Posted on 10/20/18 at 7:49 am to Tiger Nation 84
quote:
1.6 Billion
This post was edited on 10/20/18 at 7:52 am
Posted on 10/20/18 at 7:49 am to Covingtontiger77
The lump sum after taxes is about $500 million right now. That 1 in 302,500,000 chance is worth $2 to me. I'm in.
Posted on 10/20/18 at 7:51 am to Tiger Nation 84
quote:
No Mega Millions winner, Pot now at 1.6 Billion
quote:
No Mega Millions winner, Pot now at 1.6 Billion
That'll help pay down my student loans.
Posted on 10/20/18 at 7:53 am to Covingtontiger77
It’s close.
$970,000,000 lump after taxes.
$970,000,000 lump after taxes.
Posted on 10/20/18 at 7:54 am to White Roach
quote:
$500 million
Good lord...you'd be one of the wealthiest 3,000 or so people in the US.
Posted on 10/20/18 at 7:56 am to ellunchboxo
quote:
ellunchboxo
quote:No
$970,000,000 lump after taxes.
Posted on 10/20/18 at 7:59 am to ell_13
It’s 702 million after taxes
Posted on 10/20/18 at 8:00 am to Fun Bunch
It's a lot
Posted on 10/20/18 at 8:02 am to Tiger Nation 84
Aren't there around 300 million possible combinations of numbers? So technically, you could buy every possible combination and come out ahead.
The problem is that if another ticket hits with you, you'd be a few hundred million in the hole.
The problem is that if another ticket hits with you, you'd be a few hundred million in the hole.
Posted on 10/20/18 at 8:05 am to Tiger Nation 84
They are going to have 10 winning tickets now
Posted on 10/20/18 at 8:06 am to Tiger Nation 84
The Mega Billions will be at $2billion by Tuesday. Insane.
Posted on 10/20/18 at 8:07 am to wickowick
Probably more like 4, but 1 wouldn't surprise me.
Posted on 10/20/18 at 8:07 am to Tiger Nation 84
Ignoring the chance for multiple winners, which would eviscerate this calculation, but including federal taxes, the expected value of a ticket is now positive. A $2 ticket is worth about $2.16.
ETA - Eh, maybe closer to $2.11.
ETA - Eh, maybe closer to $2.11.
This post was edited on 10/20/18 at 8:15 am
Posted on 10/20/18 at 8:07 am to tLSU
Thanks real problem is buying 302 million tickets and making sure you buy every number.
Posted on 10/20/18 at 8:08 am to tLSU
quote:
Aren't there around 300 million possible combinations of numbers? So technically, you could buy every possible combination and come out ahead.
It would take years for the machine to print out the tickets.
Posted on 10/20/18 at 8:08 am to diat150
You'd probably also increase the jackpot through your ticket purchases.
Posted on 10/20/18 at 8:10 am to Fun Bunch
quote:Also wrong.
It’s 702 million after taxes
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