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Old January 5 2011, 05:31 AM   #1
Lindley
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Location: Fairfax, VA
LOST numbers are worth $150

Just for fun I bought a Virginia MegaMillions ticket today. I didn't play the LOST numbers----4, 8, 15, 16, 23, 42----because that would have been silly.

Or so I thought. The numbers drawn were:
4, 8, 15, 25, 47, and mega ball 42.

According to the rules anyone who played the LOST numbers would have matched 3 plus the mega ball, which is a $150 prize....
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Old January 5 2011, 05:56 AM   #2
Lindley
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Re: LOST numbers are worth $150

Actually, something is bugging me about the whole Mega Millions situation. The odds of hitting the jackpot are approximately 1 in 176 million. The jackpot itself is 355 million.

So why wouldn't a billionaire just buy 1 of every possible combination and be guaranteed to double his money? Plus all of the smaller prizes he'd get as well.....
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Old January 5 2011, 05:59 AM   #3
UssGlenn
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Re: LOST numbers are worth $150

that's pre-taxes and if you take the lump sum it's even less, if you don't take the lump sum it would take forever to make back the investment.
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Old January 5 2011, 06:04 AM   #4
Jetfire
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Re: LOST numbers are worth $150

VA has a law that limits the time one can spend occupying a lottery machine...20 minutes per costumer. So it would take a bunch of people coordinated to buy all the combinations...not saying it couldn't be done...just don't think anyone would bother. Plus the jackpot is $355 million...the cash prize would be little more than half of that...then there are taxes. A billionaire could make more money by just investing the amount they would have spent on buying tickets.
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Old January 5 2011, 06:07 AM   #5
bigdaddy
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Re: LOST numbers are worth $150

You will only get $80-$100 million for a lump sum.

Funny that I could have won $150!
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Old January 5 2011, 06:12 AM   #6
Starbreaker
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Re: LOST numbers are worth $150

Ugh... I didn't win anything. I've never even gotten a megaball right. I didn't play the Lost numbers because I thought it was stupid as well.. apparently not.
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Old January 5 2011, 06:14 AM   #7
Dream
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Re: LOST numbers are worth $150

Wow! The jackpot is really huge right now.

How much did Hurley win in his lottery?
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Old January 5 2011, 07:39 AM   #8
Starbreaker
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Re: LOST numbers are worth $150

$114 million dollars
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Old January 5 2011, 10:54 AM   #9
Asbo Zaprudder
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Re: LOST numbers are worth $150

Lindley wrote: View Post
So why wouldn't a billionaire just buy 1 of every possible combination and be guaranteed to double his money? Plus all of the smaller prizes he'd get as well...
Besides the reasons already given, I guess there is the finite probability of having to share the winnings with someone else who entered the same winning numbers -- or several other biliionaires who had the same idea.
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Old January 5 2011, 11:02 AM   #10
Aragorn
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Re: LOST numbers are worth $150

^ That happened on an episode of The Mentalist. To trick someone into thinking he could get pick any horse race with 100% accuracy, he bought every possible outcome. He did it to solve a crime, but it cost him a lot of money in the process.
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Old January 5 2011, 04:21 PM   #11
Lindley
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Location: Fairfax, VA
Re: LOST numbers are worth $150

Aragorn wrote: View Post
^ That happened on an episode of The Mentalist. To trick someone into thinking he could get pick any horse race with 100% accuracy, he bought every possible outcome. He did it to solve a crime, but it cost him a lot of money in the process.
There was a similar story in a Mathnet episode except the scam artist was smarter----he didn't actually buy tickets, he just sent different predictions to a bunch of different people, and followed through with more predictions for those people to whom he'd sent winning race predictions. Eventually one person had gotten every winning prediction and trusted him completely to handle their money....
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Old January 5 2011, 04:51 PM   #12
bigdaddy
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Re: LOST numbers are worth $150

if you picked the LOST numbers you MIGHT have won $150. The first 5 numbers are picked from the same group of balls. The power ball is picked from another group of balls. Meaning you can pick 2 4 6 8 10 and then 10 again.

I think....
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Old January 5 2011, 04:53 PM   #13
Lindley
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Re: LOST numbers are worth $150

bigdaddy wrote: View Post
if you picked the LOST numbers you MIGHT have won $150. The first 5 numbers are picked from the same group of balls. The power ball is picked from another group of balls. Meaning you can pick 2 4 6 8 10 and then 10 again.

I think....
The drawing has already occurred.
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Old January 5 2011, 05:00 PM   #14
TheGodBen
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Re: LOST numbers are worth $150

Around the time that the episode Numbers first aired here, the numbers in the Irish lottery were 4, 8, 15, 16, 23 and 24 (which is 42 backwards). That creeped me out at the time.
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Old January 6 2011, 02:12 AM   #15
Obiwanshinobi
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Re: LOST numbers are worth $150

Somebody in my state won (WA) too bad it wasn't me. Another person from Idaho won too. Bah, 5 bucks squandered.
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