*** OFFICIAL *** Dan Druff plays Powerball thread

[Dan Druff]

As you won't be hitting the jackpot or any prize most likely, just give him some #s you make up. Then pocket the $15, with lottery type margins. Oldest jew office pool trick in the book...

I would love to peek at the alternate reality where Druff does this and the numbers actually hit.

I have thought of this, and it would be an absolute nightmare, as I couldn't bring myself to roll the person, but also would be facing having to give up all of my $ and still not be in the clear. So I don't know what I'd do.

So this is one of the reasons I would never consider such a thing, on top of the fact that it's just dishonest in the first place.

[starsstolemyroll]

no prob druff. i figured you had forgot.

[starsstolemyroll]

reminder to buy the tickets #homie

i heard its up to 400 million #shipit

[DRK Star]

whats the general rule on this?

For every $1 you spend on a lottery ticket like this, the prize has to be around 171 million?

[starsstolemyroll]

in order for it be plus ev for druff he needs a return of 400 million for one dollar lol

[DRK Star]

http://www.businessinsider.com/power...d-value-2015-2

[abrown83]

http://www.businessinsider.com/power...d-value-2015-2

They are actually using the old numbers, the odds of winning are now 1 in 292 million.

For fucks sake they even list the Powerball link in their story and they get the odds fucking wrong.

[MumblesBadly]

in order for it be plus ev for druff he needs a return of 400 million for one dollar lol

http://www.businessinsider.com/power...d-value-2015-2

They are actually using the old numbers, the odds of winning are now 1 in 292 million.

For fucks sake they even list the Powerball link in their story and they get the odds fucking wrong.

With the haircut for taking the cash option, plus income taxes, and the $2 ticket price, plus the probability of others also having the winning number, the $0 EV jackpot is probably over $1 billion given these odds of winning.

[starsstolemyroll]

700 mirrions buy the tickets druff
#please lol

[Dan Druff]

Okay, I'll do it tonight.

See? My procrastination brought us the best opportunity.

[lewfather]

Time to set up a pfa lotto bap

[starsstolemyroll]

+1 for maximum equity. druff is god

[unchainedghost]

I'm in for $20 at least

[MumblesBadly]

Okay, I'll do it tonight.

See? My procrastination brought us the best opportunity.

Still not EV+. The highest net cash payout after taxes is in states that require no state tax on the income, such as California.

https://www.usamega.com/powerball-jackpot.asp

Powerball Jackpot for Sat, Jan 9, 2016
$700,000,000

California: No State Tax on Lottery Prizes!
Your net payout: $321,300,000

The odds are about 292,000,000 to 1 of having a winning number.

http://money.cnn.com/2016/01/06/news/powerball-odds/

Assuming only one ticket is the winner, the EV of buying a $2 ticket is roughly $321.3m/292m - $2 = -$0.90.

And this doesn't factor in the significant likelihood of having to share the jackpot with at least one other winning ticket that Druff doesn't buy. So, it's probably more realistic to assume a winner in this round gets only 1/2 of the jackpot. As such, the EV of buying a ticket for this drawing is probably much closer to ($321.3/2)/292m - $2 = -$1.45.

[Dan Druff]

Had to spend $16 because they're $2 each

Here are the numbers

[Lord of the Fraud]

Brits can also play the Powerball now (well sort of)

You can even play for double the jackpot, just incase half a billion doesn't sound sweet enough.


This is how it works via this company who are currently spamming our airwaves with their TV commercials.



https://www.lottoland.co.uk/powerball/help


How does betting on the PowerBall at Lottoland work?

Instead of entering the PowerBall draw you are placing a bet on the outcome. You pick your numbers in the same way and you can win all the same main game prizes, including the jackpot, as you could had you entered the official draw.


Can I will all the same prizes betting on the draw with Lottoland?

You can win all the same main game prizes betting on the draw with us as those available in the official draw, including the jackpot.

How much does it cost to play?

A single line costs £2 to play. A line with the DoubleJackpot feature costs £4. For more on DoubleJackpot please see below.



How does the DoubleJackpot feature work?

The DoubleJackpot feature allows you to play for twice the official lottery jackpot. So, for instance, if the official PowerBall draw is £100m and you bet on the outcome with us and activate the DoubleJackpot feature, you will play for a jackpot of £200m. The prizes for all other tiers will remain the same. You will pay double the price of your normal line to activate the DoubleJackpot feature. So, if you wish to bet on PowerBall with the DoubleJackpot feature you’ll pay £4, instead of £2.


So we pay around $3 per line. But to slightly offset that, we wouldn't pay any tax on a JP win.

And if my £10 investment pays off tomorrow, i'm buying this motherfucker

http://www.dailymail.co.uk/travel/tr...yacht-fly.html

[starsstolemyroll]

right on druff. i cant wait to sweat the draw weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
...
ship it.......holla......etc.




truthfully. imagine in a few hours im worth about 150 mill. lol "theres a chance this could happen"

[Forum Wars]

Chances looking strong:

[IAmProfessionalTalk]

If you're guaranteed to have a unique combination, optimal wager size is 1.574E-9 of bankroll. So you only need $1,270,648,030 to make that $2 ticket a fine bet.

Oh, and ignoring taxes and TVOM. Trivial issues.

[FPS_Russia]

I know a dude who showed me $80 in quick picks and not a single powerball pick was over 25. I see druffs and they're under 25 also.

Powerball goes up to 69 right? If so then that's odd.