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Patterns in Lottery Numbers

markmcb writes "Most everyone is familiar with the concept of the lottery, i.e., random numbers are selected and people guess what they will be for a cash prize. But how random are the numbers? Matt Vea has conducted a pattern analysis of the MegaMillions lottery, which recently offered a sum of $370M (USD) to the winner. Matt shows that the lottery isn't as random as it may seem and that there are 'better' choices than others to be made when selecting numbers. From the article, 'A single dollar in MegaMillions purchases a 1 in 175,711,536 chance of landing the jackpot ... a player stands a mildly better chance of winning a partial prize through the selection of weighted numbers.'" Includes some excellent charts of his analysis.

563 comments

  1. Conclusions... by InvisblePinkUnicorn · · Score: 1

    Not much in the way of conclusions...

    "Interesting as these trends may be, they will not assist in making the odds of winning the MegaMillions lottery any better if the system is truly fair and random. However, in the event there is some peculiar factor skewing the ball selection such that any of these trends continue, a player stands a mildly better chance of winning a partial prize through the selection of weighted numbers."

    1. Re:Conclusions... by Hatta · · Score: 5, Insightful

      Of course you can't conclude much from this analysis. In any random distribution you're going to see random statistical fluctuations causing some clustering. Some numbers will get picked more than you'd predict by chance, just by chance. And necessarily some numbers will be picked less often than you'd predict by chance. The upside of this is that you can predict the extent of this clustering and compare that to the actual data to see if it's rigged.

      --
      Give me Classic Slashdot or give me death!
    2. Re:Conclusions... by Maxo-Texas · · Score: 5, Insightful

      Exactly, a couple years back at vegas, the roulette wheel spun black 13 times in a row.

      Thats like 1/.48^13th.

      Random things.. happen.

      Randomly- some poor investing sod out there has made every choice correctly and been hammered by random market events.

      Likewise- some lucky fool (that thinks he is brilliant) has picked google or tasr or crox on some non-logical basis and won big.

      That's why you use Mutual Funds and ETF's. You get average performance. You lose the home runs, but you also lose the strike-outs.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    3. Re:Conclusions... by stevesliva · · Score: 1

      Likewise- some lucky fool (that thinks he is brilliant) has picked ... crox on some non-logical basis and won big.
      Not today.
      --
      Who do you get to be an expert to tell you something's not obvious? The least insightful person you can find? -J Roberts
    4. Re:Conclusions... by el+americano · · Score: 1

      But it sounds so much better when you only show half of the last line of the summary, making it appear that they have found the lottery is not fair.

      That's really misleading Zonk. They're saying nothing of than, "If it's not random, then you could get an advantage."

      --
      Those are my principles. If you don't like them I have others. -Groucho Marx
    5. Re:Conclusions... by buswolley · · Score: 1
      While it is true that clumping can occur in random distributions, we can also calculate the chance that a particular clumping would occur if the distribution was random. Thus, using statistical procedures one can devise tests with error = alpha, which can conclude if it belongs to the same distribution.

      This IS what statistics is for, and in light of this fact, I think your comment is incorrect, overrated, and probably a post designed for Karma whoring. Note:I am not applying statistics to these last statements.

      --

      A Good Troll is better than a Bad Human.

    6. Re:Conclusions... by j0eshm0e · · Score: 1

      I once worked at a company that operated lotteries in the Caribbean. One of the UNIX admins had a knack for patterns and a lot of data. He calculated the odds of specific numbers winning the jackpot in various islands and came out with a few that were winners more often than the others. Probably the same thing this guy did.

      I then asked him hypothetically if I should play those or the ones that haven't won yet. His answer... "I don't know."

      The bottom line is it is *still* random, but the house always gets its share.

    7. Re:Conclusions... by joranbelar · · Score: 5, Insightful

      Exactly, a couple years back at vegas, the roulette wheel spun black 13 times in a row.

      Thats like 1/48^13.

      Random things.. happen.

      And guess what? Last night in Vegas, the roulette wheel spun this:

      Red, Black, Black, Red, Black, Red, Red, Black, Red, Red, Red, Black, Red.

      That's like 1/.48^13th.

      A lot of people would be better off in understanding "randomness" if they would just realize that these two situations have exactly the same probability. Humans just assign more "meaning" to certain sequences than others.
    8. Re:Conclusions... by SatanicPuppy · · Score: 1

      The question is, "Is the method they use to pick the numbers truly random?"

      Just because a pattern is not apparent to a casual glance, or because you think that the ball machine is a good random generator, doesn't mean that the results aren't skewed by a small, yet significant amount. A broad analysis of the numbers can give surprising insight.

      If you can extract information from their randomizer, you can gamble, without leaving so much to random chance.

      --
      ad logicam Claiming a proposition is false because it was presented as the conclusion of a fallacious argument.
    9. Re:Conclusions... by slowhand · · Score: 1

      Reminds me of the guy who did the in-depth analysis... of the numbers on the football teams uniforms. The arithmetic average was N and the standard deviation was S, and the confidence interval was ...

      --
      Busy aligning my non-linear thoughts.
    10. Re:Conclusions... by tilandal · · Score: 1

      Actually some people have made a lot of money on the fact that roulette wheels have an intrinsic bias because they are physical mechanisms. By the same token it may be possible that the lottery machines have some sort of physical bias. For example. The balls with 1 painted on them might be slightly heavier then the balls with 8 painted on them causing 1 to show up slightly more often then 8.

    11. Re:Conclusions... by Anonymous Coward · · Score: 0

      Yes, they have the same probability but not the same randomness. Absolutely random = can't be compressed any further.

    12. Re:Conclusions... by jstott · · Score: 1

      That's like 1/.48^13th.

      In other words, there's about a 1:14000 chance that any 10 consecutive numbers will be all black. Given the number of roulette wheels in Vegas and the number of times each one is spun, it's not so shocking that this happens on a fairly regular basis.

      -JS

      --
      Vanity of vanities, all is vanity...
    13. Re:Conclusions... by pclminion · · Score: 2, Insightful

      But your example has 8 reds and 5 blacks. The other example had 13 blacks. As far as the probability of any particular SEQUENCE, yes, these probabilities are the same. But there are MANY possibilities where there were 8 reds and 5 blacks, but only ONE possibility with all 13 being black. So the two situations, if you look at it purely in terms of how many reds and blacks were hit, are very different.

      Or to put it another way, the chances of getting 13 blacks in a row are 1/48^13. The chances of getting 8 reds and 5 blacks, in SOME order, is far higher than that.

    14. Re:Conclusions... by Actually,+I+do+RTFA · · Score: 1

      And guess what? Last night in Vegas, the roulette wheel spun this:

      Red, Black, Black, Red, Black, Red, Red, Black, Red, Red, Red, Black, Red.

      That's like 1/.48^13th.

      Actually, it's exactly (9/19)^13, or 1/2.1111^13, or 0.4737^13. (American roulette wheels use both 0 and 00.) 1/.48 to any non-negative power means a 100% (or greater, but you cannot go higher than 100% in reality) likelyhood.

      --
      Your ad here. Ask me how!
    15. Re:Conclusions... by Maxo-Texas · · Score: 1

      Aye. Down 36%. But see.. the "lucky" guy just happened to have sold last week. The unlucky guy avoided crox entirely but invested in an index of the market right before the decline today.

      It's not that he is really lucky or unlucky- he is just the 1/14000 who happened to pick every random roll correctly. For a pool of 14000 people, 1 wins all the time, 1 loses all the time, and the rest distribute out in a nice bell curve. If intelligence really does make a difference, the curve will be skewed.

      Likewise- yes any random sequence of 13 blacks and reds is equally random. However, being the person that picks the exact sequence is the variable. It's much more likely you are going see winners hitting the 13 black or reds in a row than you will see someone arbitrarily bet b,b,b,r,b,r,r,r,b,r,b,b,r. They would be equally likely to win either way but more likely to bet with some kind of pattern since humans are pattern engines.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    16. Re:Conclusions... by Captain+Splendid · · Score: 1

      Humans just assign more "meaning" to certain sequences than others.

      Which, if you consider the human race as a bunch of meat pospicles that runs sophisticated pattern analysis software (as I do), it makes perfect sense. We see what we want to see.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    17. Re:Conclusions... by glavenoid · · Score: 1
      Not very likely. The lottery machines are controlled by the department of weights and measures to prevent just that. The only way to increase chances of gaining any lottery winnings is to purchase a diverse set of tickets, and the probability of improvement is minimal at best. Even if one was to purchase a ticket with every permutation, one would never win because the payout is capped.

      In reality, short of outright fraud, there is no way to gain any lottery winnings other than plain dumb luck.

      --
      I, for one, am looking forward to the inevitable /. beta rollout fallout.
    18. Re:Conclusions... by Joe+the+Lesser · · Score: 2, Informative

      But sequences are useless in roulette because the results of one test do not affect the next. My chances of winning by picking black, red, black, red are just as poor as picking black, black, black, black.

      --
      "I only speak the truth"
      Karma: null(Mostly affected by an unassigned variable)
    19. Re:Conclusions... by pclminion · · Score: 1

      But sequences are useless in roulette because the results of one test do not affect the next. My chances of winning by picking black, red, black, red are just as poor as picking black, black, black, black.

      I know. I am trying to point out that a sequence of 13 black is more SURPRISING (from both informal and formal standpoints) than a sequence of 8 black and 5 red. The likelihood is one thing, but we have good reason to be more surprised by one sequence than by another.

    20. Re:Conclusions... by bgspence · · Score: 1

      And, that is exactly how to genuinely increase your winnings in the lotto lottery. Don't play number combinations with high 'meaning' and do play combinations with low 'meaning'.

      the odds of getting picked don't change for any choice, but the paramutual payout for any winning choice will be better for a selection in which you need to share the prize pool with others who made the same choice.

      The payouts from these things are so bad any advantage from such choices in irrelevant. Especially when you factor in the number of people who let the system pick randomly for them. Most bettor don't pick favorite, popular number sets, they go for the random system picks.

    21. Re:Conclusions... by Anonymous Coward · · Score: 0

      (1/2)^13

    22. Re:Conclusions... by Carewolf · · Score: 1

      But that's completely irrelevant. You might as well discuss what the players were wearing or what day it is.

    23. Re:Conclusions... by borgasm · · Score: 1

      I recall a funny explanation about a theory for an investment newsletter.

      You start with a pool of investors, say 16,000.

      You tell half of them a stock is going to go up, and the other half that its going to go down.

      At the beginning of the next week, you send another newsletter to the X/2 (8,000) people who received the correct prediction from the previous week.

      Rinse, wash, repeat, until you get a group of a few hundred people who think you are right 100% of the time.

      Then scam them out of money somehow.

    24. Re:Conclusions... by Metasquares · · Score: 1

      (13 c 5) * .48^5 * .52^8 = .18, to be exact.

    25. Re:Conclusions... by pclminion · · Score: 1

      But that's completely irrelevant.

      Irrelevant to Roulette, maybe. But not irrelevant to the guy I just made a bet with on the side. Suppose I bet you $100 that the next 13 rolls will all be black. Pretty easy money, right? What if I bet that it would come up 8 red 5 black? You might be somewhat less inclined to take that bet.

    26. Re:Conclusions... by MSTCrow5429 · · Score: 1

      The article is total crap. All it states is that randomness is by definition not entirely random when viewed in fixed intervals, which is self-evident, and not at all interesting or helpful.

      --
      Slashdot: Playing Favorites Since 1997
    27. Re:Conclusions... by rlbond86 · · Score: 1

      52% of the roulette wheels are not black. Take a look at a roulette wheel sometime. (13 c 5) * .48^13 is the correct expression.

    28. Re:Conclusions... by node159 · · Score: 1

      Some people really need to go back and do stats... oh wait you never did? Oh, go on then keep trying the lottery, I personally prefer an investment with a lower return but having a much lower risk.

      --
      GPLv2: I want my rights, I want my phone call! DRM: What use is a phone call, if you are unable to speak?
    29. Re:Conclusions... by ILuvRamen · · Score: 1

      well gee, don't post why or anything. For any random anything, you take the number of possibile outcomes divided by the number of outcomes that have happened (how many drawings there have been) and the lower the number, the more random and the higher the number, the less random it will seem. So in short, there haven't been enough lottery drawings for the data to show how random it is. For example, if you have a 6 sided standard die, there's 6 possible outcomes. If you roll it 10 times it will probably look like one number is WAY more likely to come up. It might even show that you're 2x more likely to roll a 6 for example. But if you roll the die 10,000 times, you'll find that every number comes up almost exactly 16.66666 % of the time. I know that's a terrible example cuz dice throws aren't random and it depends on how high you hold it and how much force and which side is up when you throw it but I'm not re-writing it now lol. To appear really random, chances are (no pun intended) that you'll have to have an outcome at least as many times as there are possible outcomes. Like you have to roll a 100 sided die 100 times before the data stops looking so choppy. So how many lottery drawings do we have to wait for to get those conspiracy theorists to shut up? About 175,711,536

      --
      Google's Super Secret Search Algorithm: SELECT @search_results FROM internet WHERE @search_results = 'good'
    30. Re:Conclusions... by Maxo-Texas · · Score: 1

      Yes but the odds that a human being are going to bet on sequences of blacks or reds (or some other pattern) is much greater than that they will bet Red, Black, Black, Red, Black, Red, Red, Black, Red, Red, Red, Black, Red.

      So you will lose to a particular human more often on a sequence of some kind than on a random sequence such as your proposed even tho both are equally likely to come up. This matters in Lotto's because while your odds of winning are the same- the odds you will split the win vary dramatically.

      So you avoid 1,2,3,4,5,6. You avoid 01-12/01-31 numbers because they come up in dates (birthdays... anniversaries... etc.) more often. You might even consider things like social security numbers among the likely betting populations and the commonality of zip codes.

      Put it this way...
      The sequence of blacks had a large crowd around the table and betting on it by the time it stopped. Equally unlikely random sequences that had been occurring all day gathered no notice at all.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    31. Re:Conclusions... by Hatta · · Score: 2, Informative

      If you had read my post to the end, you'd have seen where I said you can do that. And if you read TFA, you'd know that the author didn't p-values or alpha levels or anything. That's why I said we can't conclude much from this "analysis" instead of we can't conclude much from this data.

      So frankly, I think that your comment is incorrect, overrated, and probably designed for karma whoring.

      --
      Give me Classic Slashdot or give me death!
    32. Re:Conclusions... by Knara · · Score: 1

      I'm fairly certain, though I can't recall an exact example, that this is done on a regular basis. Pretty sure it is, shall we say, frowned upon by the Men in Green.

    33. Re:Conclusions... by weierstrass · · Score: 1
      --
      my password really is 'stinkypants'
    34. Re:Conclusions... by severoon · · Score: 4, Informative

      Can you win at roulette by betting there will be "only 8 reds in the next 13 spins"? No, you have to say *which* spins will be red of those 13. In other words, you're arguing here that order doesn't matter...but it clearly does.

      --
      but have you considered the following argument: shut up.
    35. Re:Conclusions... by severoon · · Score: 1

      Actually, if you spin a roulette wheel enough times, it's virtually guaranteed that eventually a sequence of 13 blacks will occur. It's not remarkable that this happened at all. (Now if you were able to predict ahead of time *when* that sequence of 13 blacks would appear--that would be remarkable.)

      --
      but have you considered the following argument: shut up.
    36. Re:Conclusions... by severoon · · Score: 1

      One of my favorite examples that point up this exact fact was presented by Richard Feynman to his Caltech class decades ago. He said, "A remarkable thing happened to me on the way to work this morning. I saw a car with license plate FCW138...and that's not all! It was from OUT OF STATE. Everyone, get out your calculators and calculate the chances that I would encounter that exact license plate this morning."

      If there was a student smart enough to reply: "1" I'm sure he got a gold star.

      The point is that once something happens, its chances of having occurred are 1. It's pointless to look into the past to calculate the probability of that particular event as a way of predicting the future. To take Feynman's example to a limit--imagine the number of possible particle arrangements making up the part of the universe that is visible to you right now. There are certainly hundreds or thousands of moles of particles participating in the universe you are experiencing at this very moment, each with its own little explosion of possible positions and momenta and spin, etc. Now think on how lucky you are that you happened to experience, out of the myriad possibilities of the last moment, the exact configuration you did...1 possible configuration out of an astronomically high number of possibilities.

      The fact is that whenever there is a range of choices available to the universe, things must go SOME way. One of those possible configurations must be chosen. Once it is, it's foolhardy to look back on it and regard it as near-impossible. Once it happens--it happened...in other words, the chances of it having happened are exactly 1.

      --
      but have you considered the following argument: shut up.
    37. Re:Conclusions... by Torvaun · · Score: 1

      Sure you can, just put the same amount down on red for all of them. If I bet $10 on red for each of those 13 rolls, I end up $30 if I'm right.

      --
      I see your informative link, and raise you a pithy comment.
    38. Re:Conclusions... by Propaganda13 · · Score: 1

      The lottery is set up to be as near random as possible. Why? Because it's already rigged. Depending on the lottery, 60% of the money taken is put back out as prizes. That's 40% for the govt. Also the govt. gets 40% of large prizes like the jackpot in taxes. The House always makes money.

      I do find it funny that more people play after it reaches 150 million. It seems like you'd have greater odds of splitting a jackpot due to the increased number of tickets. Maybe it's not significant though.

    39. Re:Conclusions... by Mr.+Underbridge · · Score: 1

      Exactly, a couple years back at vegas, the roulette wheel spun black 13 times in a row. Thats like 1/.48^13th.

      Do you mean *you* saw it a couple of years ago? I only as because it should happen every few thousand spins on every roulette wheel, shouldn't be newsworthy.

      Seems to me it's about once every 6685 spins (1/.48^12; red would be just as noticeable as black). With 30 spins an hour (conservatively), 3 wheels per casino operating on average 12 hours a day (conservatively; the number of wheels active varies throughout the day), I'll go ahead and guess this averages at least every other day at a given casino.

    40. Re:Conclusions... by Burning1 · · Score: 1

      Or to put it another way, the chances of getting 13 blacks in a row are 1/48^13. The chances of getting 8 reds and 5 blacks, in SOME order, is far higher than that.
      When you find a casino willing to let you play roulette based on the cumulative red/black total of 13 spins, please let me know.

      Mathematically, no betting strategy can guarantee more than a 98% return on your money in roulette. This is why casinos make money. In reality, the casino will eventually empty your pockets and kick you out before you have a chance to mathematically win back your losings.

      If you don't believe me, write a simulator that only bets black from an infinite bank account and let me know how it turns out.
    41. Re:Conclusions... by yndrd1984 · · Score: 1
      Exactly, a couple years back at vegas, the roulette wheel spun black 13 times in a row. Thats like 1/.48^13th.

      Maybe I'm not understanding what you mean - if so please ignore.

      Assuming non-American roulette, 18 of the 37 spots are black. (18/37)^13 is about 1/11697, which means that you should expect a busy wheel in Vegas to hit 13 black results in a row several times a year. But again, maybe that's not what you meant.

    42. Re:Conclusions... by eh2o · · Score: 1

      Incidentally in the comments attached to TFA someone you can find R code posted by someone else that analyses the same data and concludes with a p-value of about .7, i.e. not statistically significant. In the next comment the author admits to "flunking statistics".

      There is actually an interesting aside which is that if you restrict the analysis to winning numbers that are *also* numbers that somebody picked (i.e. received payout), then you find that the winning numbers are decidedly NOT random. People tend to prefer certain numbers such as dates or sequences like 12345 and so on which are not evenly distributed. There are many examples of this happening where jackpots were split 10 ways or more and some numbers are estimated to be picked *thousands* of times in a single game.

      The consequence of this is that to maximize expected payout there is an optimal distribution to draw from and that distribution is NOT uniform. However I suspect that it is unlikely that playing from this distribution actually improves the expected payout to be better than 100%, so its probably a waste of time to worry about it.

    43. Re:Conclusions... by Anonymous Coward · · Score: 0

      Blackjack is a game which the outcome of the hand being played affects what can come out of future hands, this is a well known fact. Blackjack, one of the ONLY games you can win at a casino.

      I'm sure quite a lot of people here are familiar with the story of the MIT Blackjack team.

    44. Re:Conclusions... by eh2o · · Score: 1

      This deserves a slight clarification. The bayesian view (and also, quantum mechanical) is is based on observed information about an event, not the event itself.

      For example, if I flip a coin and don't show it to you, there is still a .5 chance of heads, even though the event is in the past. The probability of a particular state only changes to 1 when the information reaches the observer.

      Its a subtle distinction but an important one as it can be a bit counter intuitive at first glance...

    45. Re:Conclusions... by eh2o · · Score: 1

      The sample size will have to be extremely large for such an analysis.

      Information gained by observing a random process grows as approx. sqrt(N) so there is a diminishing return on the increase in size of the analysis.

      Incidentally this is why opinion polls usually use a fairly low N... large N studies are very expensive but not significantly more informative!

    46. Re:Conclusions... by Burning1 · · Score: 1

      Or you could bet $30 on a single roll. You still win $30 if you are right. You haven't improved your odds, but you have spent 13x as long to lose the same amount of money. : )

    47. Re:Conclusions... by Burning1 · · Score: 1
      That was kind of the point of the original poster (whom we mistakenly believed you were debating.)

      A lot of people would be better off in understanding "randomness" if they would just realize that these two situations have exactly the same probability. Humans just assign more "meaning" to certain sequences than others.
      Mathematically, over a long enough period of time (such the history of modern gambling,) it would be extremely surprising if black DIDN'T come up 13x in a row. That's the point everyone is making.

      As a side note, It's been pointed out that humans are pseudo random. When asked to pick a random number between 1 and 10, how often does someone pick 1?
    48. Re:Conclusions... by Torvaun · · Score: 1

      We were making the assumption that you somehow knew there were going to be 8 red and 5 black over the next 13 spins. Of course, if you knew that, you should just watch the next 12 spins, then put everything down on the color that's going to win the next spin.

      --
      I see your informative link, and raise you a pithy comment.
    49. Re:Conclusions... by Anonymous Coward · · Score: 0

      You are confusing "randomness" with "entropy". A sequence can't be compressed any further when its entropy is at a maximum, regardless of whether or not the process that generated the sequence was random.

    50. Re:Conclusions... by Sanat · · Score: 1

      Along those same lines... last week i bought a mega-million ticket with no kicker (even though the kicker number is still displayed on the ticket.

      06 09 18 36 39 +30

      kicker# 009360

      Every number was divisible by 3. I thought wow... this is a hot ticket

      during the drawing on Oct 26 I matched exactly zero numbers. goes to show that things are not what we think.

      --
      And in the end, the love you take is equal to the love you make
    51. Re:Conclusions... by Anonymous Coward · · Score: 1, Informative

      I am trying to point out that a sequence of 13 black is more SURPRISING (from both informal and formal standpoints) than a sequence of 8 black and 5 red.

      Sure, because you're comparing completely different things: a single very specific sequence (b,b,b,b,b,b,b,b,b,b,b,b,b) with a whole family of sequences (8b/5r in any combination), whereas the OP was (correctly) comparing (b,b,b,b,b,b,b,b,b,b,b,b,b) with an equally specific sequence: (Red, Black, Black, Red, Black, Red, Red, Black, Red, Red, Red, Black, Red). And the OP is absolutely correct that both sequences have exactly the same probability. It is only when you start comparing classes of sequences that some become more surprising than others.

    52. Re:Conclusions... by Sanat · · Score: 1

      I matched 5 digits once in the Illinois lottery. If you don't play then you don't have a possibility of wining regardless of stats.

      Buying a single lottery ticket twice a week for a total of two bucks will take a loonnggg time to reduce a 5 digit lottery winner back down to a zero balance.

      To me it is no different that buying a coke, a candy bar or a Starbuck's coffee once a week. Just a little enjoyment, excitement and fun with a slim possibility of winning... but people do win.

      I understand that YMMV and I appreciate that too.

      --
      And in the end, the love you take is equal to the love you make
    53. Re:Conclusions... by Anonymous Coward · · Score: 0

      I don't think that's right, man, is it? Red and black are arbitrary characteristics - they have nothing to do with the event of the ball and the wheel. They're just about the social context. It's like the circle on the barn, isn't it? Fire a gun fifteen times at the barn, circle three holes that are touching and call that a cluster ... the only significant thing about the circle is what it means to me and you. It means nothing to the bullets or the barn. Same with the red and black paint on the wheel -- it does not relate to where the ball goes. You're just talking about something else that you see in the casino -- like, half naked blondes make me horny, some fat drunk guy is obnoxious ... oh look, butt crack ... this has nothing to do with the odds of a ball bouncing into a hole on a wheel. Random things sometimes appear to be ordered when they interact with an ordered system -- that's all this is about.

    54. Re:Conclusions... by Metasquares · · Score: 1

      Ah, you're right; the 0 is neither. I don't gamble much :)

    55. Re:Conclusions... by LazyBoy · · Score: 1

      And, that is exactly how to genuinely increase your winnings in the lotto lottery. Don't play number combinations with high 'meaning' and do play combinations with low 'meaning'.
      Actually, some meanings are seen as a pattern and therefore unlikely. Whenever I tell someone I'm playing 1,2,3,4,5,6 they invariably say "That could never happen".
      --

      If Chaos Theory has taught us anything, it's that we must kill all the butterflies.

    56. Re:Conclusions... by Maxo-Texas · · Score: 1

      Yea. I saw it. I happened to be betting on the other side of it using the "double and add 'X' dollars" strategy. Unfortunately I was betting on red so I washed out about $300 quickly and I was done. Anyone betting with the wheel would have been caught by the table limit too- so you couldn't really win much. Same trip, one of the dozen of us one $300 and then $900 on slots. Also rare.

      I also walked into a baseball game with friends, sat down and right then they hit a grand slam about 1/3 of the way through the game. Apparently they are rare also.

      Rare things happen randomly all the time. Humans try to assign meaning to them.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    57. Re:Conclusions... by FireFlie · · Score: 1

      Yes, however you obviously haven't considered numbers, numbers, numbers, b, b, r, b, b, r, b, 3.14159, b CONCLUSION!

    58. Re:Conclusions... by DJDuck · · Score: 1

      Or you could spend a little time learning about Money Management and Position Sizing and have the winners with little impact from the strike-outs. Average Results are for in'duh'viduals.

    59. Re:Conclusions... by Jookey · · Score: 1

      there is a 50% chance of the wheel landing on black, thus there is a .5^13 chance of 13 consecutive all coming up black. You would be just as surprised if they where all red, so thats 2*.5^13 chance of something that surprising happening.

      Now lets say each spin takes 1 minute and the table is open for 4 hours a night: 240spins per night. Choose the first spin of 13 black in a row: 240-13+1. Then choose the other colors 2^(240-13) Divide that by total possibilitys:(240-13+1)*2^(240-13)/2^240. Thats a 2.7% chance a roulette wheel open for 4 hours will produce at least one string of 13 blacks in a row, or a 5.5% chance that there will be a string of all the same color. Lets say there are 100 roulette wheels in Vegas. You should expect this event to occur about 5.6 times per night.

    60. Re:Conclusions... by thelenm · · Score: 1

      I just ran that simulator for an infinite amount of time (in another dimension of course), and it still ended up with an infinite bankroll. Weird!

      --
      Use Ctrl-C instead of ESC in Vim!
    61. Re:Conclusions... by Anonymous Coward · · Score: 0

      Well, even if you are a special and unique snowflake, that's still one more person playing a "meaningful" pattern than a random one.

    62. Re:Conclusions... by Anonymous Coward · · Score: 0

      actually, with 18/38 slots being black theres an 9/19^13 chance of getting 13 blacks in a row.

      while the change of 8 black and 5 rid is significantly higher, the chance at 13 blacks is not as low as you would have us believe.

    63. Re:Conclusions... by Maxo-Texas · · Score: 1

      They still don't hold a candle to the "investor" willing to "bet on black" and they win a baker's dozen times in a row.
      You can turn $10k into a fortune in a single year with big commitment and luck.

      If you use money management and position sizing, you also cut the size of your wins. Risk == big change up or down. Less risk == smaller change up or down generally.

      I've had two years where I got 35% returns but my goal is .9% per month average return while avoiding 75% of down moves.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    64. Re:Conclusions... by DJDuck · · Score: 1

      I fail to see how using Money Management and Position Sizing cuts the size of your wins. Yeah it means I don't throw 100% of my equity into one share in the hope it will go up (ie big risk), but it doesn't mean I cut my profits short. Yeah you can get lucky in any game, but luck will lose against a good strategy in the long run. Seriously look into it further. Run some analysis in a spreadsheet on the Red/Black thing and apply position sizing (bet lots of 100% down to 1% of total available equity) and see how often you come out a winner over say 1000 goes (go for 65000 if you want, it's the row limit in Calc and Excel 2007). I have been working stocks now for 5 years, lowest return is 20% thanks to resonable use of money management, highest is only 66%. I am discussing techniques with guys who look more for 100% per quarter, without using derivatives, and purely long side. I have lots to learn yet! But in these discussions one thing is evident, the buy and sell signals are insignificant compared to money managment, position sizing and setup. Cheers

    65. Re:Conclusions... by Maxo-Texas · · Score: 1

      And just like that multi billion dollar Bear & Stearns fund that had phenomenal returns for several years and then turned out to be worthless... the guys who consistently "beat" the S&P are usually either lying or on a lucky streak that they are assuming to be evidence of their brilliance. Some people can be on a lucky streak for a *very* long time. That's my entire point from the start of this article.

      You will feel very smart about your 20 to 60% returns until the year that the rules change- nothing makes sense, and you lose 50% of your position in a hurry -- bringing you back to the averages or below.

      A very few people may actually be quite intelligent and (more importantly) in control of their emotions-- for all I know you may be one of them. However 85% of professional managers fail to beat the S&P 500. By the odds, only 50% should fail.
      And these guys are highly educated and well informed.

      You can use technical analysis to play the odds but you never know when some random event isn't going to wipe you out.

      If you invested $5k and made a 2000% profit, then you missed your opportunity to have invested $50k and been ready to retire. Some people (wild eyed gamblers) do just that and do get rich.

      To some extent, the stock market is a learnable process. I know some very old guys at the local investment program who seem to be able to at least say what sectors are likely to come up next with high accuracy. But they can't say why.

      And of course-- if any system can beat the market and becomes well known-- at that instant, that becomes the new base behavior of the market-- so a red queen's race. You have to depend on the eternal things- human greed and fear.

      --
      She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
    66. Re:Conclusions... by ultranova · · Score: 1

      It's not that he is really lucky or unlucky- he is just the 1/14000 who happened to pick every random roll correctly. For a pool of 14000 people, 1 wins all the time, 1 loses all the time, and the rest distribute out in a nice bell curve. If intelligence really does make a difference, the curve will be skewed.

      Not neccessarily. Intelligence could simply decide which position you occupy on the curve: ahead of all less intelligent people, and behind all the smarter ones. The overall shape doesn't change, then; if you sell buy just before the share price rises, then someone else sold just before the price raised; and if you sell just before the price drops, then someone else bought just before the price fell.

      If you profit more than average, then someone else profits less than average. Bell curve is maintained, only your and some other persons position on it are altered.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    67. Re:Conclusions... by Anonymous Coward · · Score: 0

      Nassem Taleb's Fooled By Randomness makes interesting reading.

    68. Re:Conclusions... by Flaming+Foobar · · Score: 1

      Irrelevant to Roulette, maybe. But not irrelevant to the guy I just made a bet with on the side. Suppose I bet you $100 that the next 13 rolls will all be black. Pretty easy money, right? What if I bet that it would come up 8 red 5 black? You might be somewhat less inclined to take that bet.

      I'd take that bet anytime, assuming it's even money.

      --
      while true;do echo -e -n "\033[s\n\033[u\134_\033[B";done
    69. Re:Conclusions... by King+Gabey · · Score: 1

      ... except that this discussion is in the context of a lottery, in which order basically doesn't matter

    70. Re:Conclusions... by SQLGuru · · Score: 1

      I don't get it....why is it 1/48th?

      Isn't it 24/48th, 24/49th, or 24/50th depending on how many greens (0, 00) are on the wheel? We're talking about a situtation where there are only two (three) options, RED v BLACK (v Green). Now, if they had said that it came up 13 black 13 times in a row, that would be different.

      So, 13 blacks in a row is 1/8192 with no greens, or am I just off my rocker?

      Layne

    71. Re:Conclusions... by Mark+J+Tilford · · Score: 1

      Guessing 2 minutes per spin, any single wheel would come out 13 blacks in a row on average about once per 20 days.

      --
      -----------
      100% pure freak
    72. Re:Conclusions... by Xiaran · · Score: 1

      You can go further than that. I could probably find a person who would say that 1,2,3,4,5,6 is much less likely than say 5,3,1,2,6,4.

    73. Re:Conclusions... by IndustrialComplex · · Score: 1

      I'd take that bet anytime, assuming it's even money.
      Of course, but think of it as an either/or type of bet.

      He wasn't asking if you would take the bet or not, but which would be the safer bet.

      --
      Out of modpoints but really liked a post? 1BDkF6TtmmeZ3yqXbz9yhdYVqRYnwFoXDj
    74. Re:Conclusions... by pomakis · · Score: 1

      Actually, some meanings are seen as a pattern and therefore unlikely. Whenever I tell someone I'm playing 1,2,3,4,5,6 they invariably say "That could never happen".
      Yeah, but how many times have I heard someone say that they play 1,2,3,4,5,6 because it's a pattern they think nobody else will pick? All you need are two or three "clever" people like this to make it a very unclever choice. As the ancestor poster stated, the best way to increase your chances of not sharing the prize money is to pick numbers that aren't an obvious pattern.

    75. Re:Conclusions... by man_of_mr_e · · Score: 1

      Mathematically, no betting strategy can guarantee more than a 98% return on your money in roulette.

      From a purely mathematical standpoint, yes. However there are other factors that can influence the outcome. Ball size (there are typically 3 sizes and weights), force upon which the ball is "flicked", What number is under the ball when the ball is started, etc... Now, it's impossible for a human to accurately take those factors into account every time, but they can help you to gain a slight advantage over the other players (may not enough to overcome the house advantage, but still).

    76. Re:Conclusions... by Anonymous Coward · · Score: 0

      Sorry, you lose. The probability of the pattern you gave is around 1/(2^13),
      because you didn't mention any numbers. The problem with commenting on someone's
      knowlege is that you usually make a mistake.

    77. Re:Conclusions... by Laurence0 · · Score: 1

      I've said that sort of thing ("If I bought a lottery ticket, I'd pick 1,2,3,4,5,6 because nobody else would") to a few people, and the responses have been divided. Some people (the ones with limited Maths background) say "But that'd never come up!" and are hard to convince that it's just as likely as 11, 25, 28, 33, 38, 41. Other people (with a better grounding in Maths!) agree with me, but have sufficiently good grounding in Maths that they wouldn't buy a lottery ticket anyway. The only time I've played the lottery was at a party where someone was giving out scratch cards as prizes in the games, and I lost all 4 times, so I don't really feel it's worth trying again!

    78. Re:Conclusions... by pclminion · · Score: 1

      Sure, because you're comparing completely different things: a single very specific sequence (b,b,b,b,b,b,b,b,b,b,b,b,b) with a whole family of sequences (8b/5r in any combination)

      No, it's a comparison between two families of sequences. One family has 8 blacks, the other has 13 blacks. It JUST SO HAPPENS that the family of 13 black has only one member, because there's only one way to do it. That's the whole point.

    79. Re:Conclusions... by IndustrialComplex · · Score: 1

      Don't forget the side benefits.

      You didn't buy that soda, thus reducing your intake of HF corn syrup. Maybe you extended your life by a few minutes. Worth the price of a lottery ticket I'd say.

      People gamble because it is fun. Most people don't view it as some sort of investment device and I find it odd when people use that as a comparison. It isn't an investment, its a purchase of entertainment.

      --
      Out of modpoints but really liked a post? 1BDkF6TtmmeZ3yqXbz9yhdYVqRYnwFoXDj
    80. Re:Conclusions... by QuesarVII · · Score: 1

      When a jackpot is over 150 million, having to split it still leaves you with at least several million, even assuming it being split many ways.

    81. Re:Conclusions... by Sanat · · Score: 1

      Good point on the lottery ticket purchase being for fun. That is the way i look at it too. My lady and i take turns buying tickets waiting for the "ship to come in" and we laugh and kid that God has it in for us because we don't win... but neither of us really feel that way. If we are meant to win then we will.

      In my younger days I would eat a couple of candy bars a day plus soda in volume but now I tend not to partake all that much any more. I expect to live to a ripe old age... time will tell though.

      Thanks for your comments.

      --
      And in the end, the love you take is equal to the love you make
    82. Re:Conclusions... by Anonymous Coward · · Score: 0

      "Ministeries"? Is that like a mini-series?

    83. Re:Conclusions... by DJDuck · · Score: 1

      You're obviously coming at this from an investment point of view and if that's your preferred approach then go for what you know. Lucky streaks are the on topic part here, and agreed that they can happen. In fact I am in the middle of one now :-) 12 losers in a row. My account is down about 10%. Back to my point, Money Management has ensured it's not been worse. Even professional gamblers use money management because they understand about lucky streaks. If I invested $5k and made 2000% profit I would be very happy and count myself lucky. I would not begrudge not investing $50k as position sizing wouldn't allow me to risk losing that much in the chance that it went the other way. And the $100k I made would be enough to generate a good trading fund. Anyway time for dinner.

  2. And yet, one truth escapes the analysis by WillAffleckUW · · Score: 5, Funny

    Most lotteries (as opposed to raffles) have less than half the money spent by lottery ticket buyers going into the payout pool.

    You're already losing by buying the ticket.

    --
    -- Tigger warning: This post may contain tiggers! --
    1. Re:And yet, one truth escapes the analysis by Red+Flayer · · Score: 5, Interesting

      You're already losing by buying the ticket.
      From an arithmetical perspective, yes. From a more subjective standpoint, no.

      Instead of using absolute dollar figures for your analysis, you should use lifestyle impact.

      e.g. One dollar a week == no lifestyle impact; $370MM payout == off the charts lifestyle impact.

      This is why people will continue to play the lottery, even if mathematically it's a poor choice.
      --
      "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
    2. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      Alternately, I'm making a contribution to a cause I support, with the added benefit of a chance at becoming fabulously wealthy.

    3. Re:And yet, one truth escapes the analysis by cromar · · Score: 1

      You're already losing by buying the ticket.

      No, not really. Your state is getting paid revenue (supposedly for education around here - not always). Also, you are getting a chance to win the Jackpot...

    4. Re:And yet, one truth escapes the analysis by WillAffleckUW · · Score: 3, Insightful

      No, not just statistical, but from life.

      I have participated in both lotteries (and have won up to $1000 in them, and made more than I ever spent).

      I have also participated in raffles - and won similar payouts.

      As to the lifestyle impact, it is a provable truism that most maximum payout winners do not actually improve their lives.

      It's like when I got an inheritance - the best thing you can do with that is max out your retirement funds and pay off debt, and then put much of the rest in paying down your mortgage. Most people blow it, though.

      The difference between being rich and poor is usually how much you save and what you buy. Lottery tickets can be a fun diversion, cheaper than getting drunk, but they are not a wise use of cash.

      --
      -- Tigger warning: This post may contain tiggers! --
    5. Re:And yet, one truth escapes the analysis by king-manic · · Score: 5, Insightful

      Instead of using absolute dollar figures for your analysis, you should use lifestyle impact.

      e.g. One dollar a week == no lifestyle impact; $370MM payout == off the charts lifestyle impact. Also, for 1 dollar a week you are buying a mild emotional high when checking the numbers and a mild emotional low when you find out that math pwned you again.
      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    6. Re:And yet, one truth escapes the analysis by Hognoxious · · Score: 1

      less than half the money spent by lottery ticket buyers going into the payout pool. You're already losing by buying the ticket.
      No, no, no. You clearly haven't understood how it works. See, the prize pool isn't divided up equally among all the players. Most will in fact get none, but a few will get quite a lot (it depends in some way on what numbers come up compared with the numbers the players chose). People play because they want to be in that happy few.
      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    7. Re:And yet, one truth escapes the analysis by Yath · · Score: 1

      If you believe the state needs more of your money, it would be at least twice as efficient to just send them a check. Buying lottery tickets is less efficient because your money will be supporting the lottery apparatus - and because about 50% of it will be going to winner payouts.

      --
      I always mod up spelling trolls.
    8. Re:And yet, one truth escapes the analysis by antifoidulus · · Score: 1

      How much is actually going to the causes?(hell, in PA the cause is "older Pennsylvanians", that outta teach the youth vote :P) I wish I could find the study, but in some cases less than 25% actually gets to where it's going. Most of the rest of the money is for payouts and, at least in PA, for massive amounts of advertising and massive salaries for those involved in organizing the lottery. You are probably better off just donating half the money you would have spent on the lottery to the charity of your choice.

    9. Re:And yet, one truth escapes the analysis by travdaddy · · Score: 1

      You're already losing by buying the ticket.

      This is pedantic BUT sometimes (rarely) the lottery's jackpot will grow big enough that you aren't already losing, and you actually have good odds.

      Example: the chances of winning could be 1 in 107 million but the jackpot has unexpectedly grown to 150 million. Hypothetically, you could buy all 107 million tickets and still win money.

      --
      Adidas To Bring Back Sneakernet
    10. Re:And yet, one truth escapes the analysis by Loether · · Score: 1

      The problem with that "sure fire" method to win is multi winners. Often On the big jackpots they end up split. So even if I had 107 million dollars to buy all the combos I'm still making a wager that I'm the only winner.

      --
      TODO create witty sig.
    11. Re:And yet, one truth escapes the analysis by Ungrounded+Lightning · · Score: 3, Insightful

      You're already losing by buying the ticket.

      No, not really. Your state is getting paid revenue (supposedly for education around here - not always).


      Which is just the excuse they used to get it through.

      But money is the ultimate fungible commodity. (That's its whole purpose, after all.) Any amount that the lottery puts into the schools the state government can neglect to put in when they set the next budget. So the effect is that the lottery money goes to the pet projects of the legislature (in a roundabout-on-paper fashion).

      Also, you are getting a chance to win the Jackpot...

      Yep.

      For the smaller ones the payoff is small enough to not matter. Further, the odds are short enough and the players play often enough that the payoff quickly approaches the expectation - usually $0.50 for every $1.00 played. (They take your money and give half of it back in chunks.)

      For the big jackpots the odds are typically in the ballpark of being hit by lightning 10 times. And while the payoff typically has a "half the pot" number, it's paid out over a long enough period that you're just getting the INTEREST on the payoff, while the state keeps the principal, making the effective value much lower. (In some cases you have the option to select getting a much lower payout right away, which proves the point...) And then the federal government takes a cut. So the expectation is 'WAY less than $.50 out for every $1.00 in.

      Lotteries are a voluntary tax on innumeracy (mathematical illiteracy).

      --
      Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
    12. Re:And yet, one truth escapes the analysis by JohnFluxx · · Score: 1

      I wonder if anyone has actually done that

    13. Re:And yet, one truth escapes the analysis by geekoid · · Score: 1

      Except those of us who do understand math don't have the matching low because we already had a pretty darn good idea we woldn't win. But we have fun with it, so I wouldn't say we lost a dollar.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    14. Re:And yet, one truth escapes the analysis by bertybassett · · Score: 0

      I recall a few years ago in Virginia (I think)....there was an Australian syndicate doing just that. They bought loads of tickets through hundreds of 'agents' and actually won a fair chunk of change. Same thing happens in Europe too, although I think some countries changed the rules to limit how many tickets a single syndicate could buy....spoilsports!

      --
      Wibble-Wobble, Wibble-Wobble, jelly on a plate
    15. Re:And yet, one truth escapes the analysis by Ungrounded+Lightning · · Score: 1

      Alternately, I'm making a contribution to a cause I support, ...

      What cause is that? Higher taxes? Slower economic growth? Greater government corruption?

      We ARE talking about the government lotteries here.

      If it's a private lottery by a charity you support your position makes perfect sense. But in those cases the payoff is typically a (sometimes large) token contributed by another donor, rather than money in amounts that would make you "fabulously wealthy".

      --
      Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
    16. Re:And yet, one truth escapes the analysis by tompaulco · · Score: 1

      You're already losing by buying the ticket.
      The multi-state Powerball odds of winning the jackpot is 1 in 146,107,962. I used to figure that their one time payout number was something like half the prize total, so if you wanted a $1 per $1 expected return, you should only buy the tickets when the jackpot is over $290 million. But that is assuming a single winner.
      Now, most likely, when you start to get that big of a jackpot, a lot more people will play, so you end up usually having on average about 2 winners. So this would say that in order to get a $1 per $1 return, you should not play unless the jackpot is over $580 million.

      --
      If you are not allowed to question your government then the government has answered your question.
    17. Re:And yet, one truth escapes the analysis by cromar · · Score: 1

      According to their website:

      Approximately 27.1 cents of every dollar spent on the Missouri Lottery benefits Missouri's education programs; 63 cents goes back to players as prizes, 3.8 cents is used for administrative costs and 6.1 cents goes to retailers in the form of commissions, incentives and bonuses. In all, more than 96 cents of every dollar stays in Missouri!

      I remember there was some sort of scandal 5 or 6 years ago, but I can't find any info on it at the moment...

    18. Re:And yet, one truth escapes the analysis by eln · · Score: 1

      As to the lifestyle impact, it is a provable truism that most maximum payout winners do not actually improve their lives. He didn't say off the charts happiness, he said off the charts lifestyle impact. You have to admit that spending 1 dollar a week has less of an impact (good or bad) on someone's lifestyle than getting $370 million at once does (again, good or bad).
    19. Re:And yet, one truth escapes the analysis by Ungrounded+Lightning · · Score: 1

      This is pedantic BUT sometimes (rarely) the lottery's jackpot will grow big enough that you aren't already losing, and you actually have good odds.

      But in calculating the odds you have to include more than the payout ratio:
        - Payout is over time, lowering the effective value of the money.
        - Even if exempt from state taxes, payouts are subject to federal tax.

      You need a dollar value expectation FAR more than 1:1 for the actual expectation to exceed 1:1. But this pretty much never happens. The stampede betting starts when a holdover jackpot makes the dollar value expectation exceed 1:1 and the massive betting dilutes the holdover pot, pushing the odds back toward their normal values.

      --
      Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
    20. Re:And yet, one truth escapes the analysis by pluther · · Score: 1

      e.g. One dollar a week == no lifestyle impact; $370MM payout == off the charts lifestyle impact.

      As to the lifestyle impact, it is a provable truism that most maximum payout winners do not actually improve their lives.

      I believe that what you say is true.

      But, I would further suggest that anybody who gets a $370 Million payout and has anything less than an off the charts lifestyle impact is a complete moron with no imagination.

      --
      If the masses can keep you down, you're not the Ubermensch.
    21. Re:And yet, one truth escapes the analysis by lazy_playboy · · Score: 1

      "Lotteries are a voluntary tax on innumeracy (mathematical illiteracy)." Or more simply, "A tax on the stupid".

      From a selfish point of view I love lotteries - I get all the random benefits of the 'good causes' the lottery money has funded. OTOH, the whole 'tax on the stupid' thing sits awkwardly with my ideological views (the same views which will stop me from ever being rich, no doubt...)
    22. Re:And yet, one truth escapes the analysis by shadow349 · · Score: 1

      As a matter of fact, yes.

    23. Re:And yet, one truth escapes the analysis by gEvil+(beta) · · Score: 5, Funny

      Also, for 1 dollar a week you are buying a mild emotional high when checking the numbers and a mild emotional low when you find out that math pwned you again.

      Yes, but for less than one dollar a day (that's less than the cost of a cup of coffee), you can help change a child's life. Imagine the feeling of joy you'll get when you receive a personalized card in the mail from the child you sponsor. Call the number on your screen right now to make a donation.

      --
      This guy's the limit!
    24. Re:And yet, one truth escapes the analysis by Surt · · Score: 1

      The odds can't possibly be in the ballpark of being hit by lightning 10 times, or even 2 times, as there have been many, many big lottery winners, and I have only heard of a couple of people who have been struck by lightning twice.

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    25. Re:And yet, one truth escapes the analysis by TheSkyIsPurple · · Score: 3, Funny

      That's why I just send them lottery tickets =-)

      Figure there's a chance I'll make one really happy kid. Why people hate making kids really happy so much?

    26. Re:And yet, one truth escapes the analysis by URSpider · · Score: 1
      You're already losing by buying the ticket.


        Not so fast. While you're right about the 50/50 split (or worse) "Pick N" lotteries usually roll over the apportioned winnings to the next drawing, if there's no victor. It's not uncommon for the jackpot to rise to the point where the potential payoff is greater than the odds of winning. However, this can be counteracted by the chance of multiple winners having to split the jackpot.

      I can't find a cite for this, but about 20 years ago, a European corporation was able to corner the Virginia lottery by purchasing a sizeable fraction of the numbers in play and winning the jackpot.

      This doesn't mean that the lottery is a good bet every week, but it is possible to play selectively and have the statistics be on your side!

    27. Re:And yet, one truth escapes the analysis by edittard · · Score: 1

      Payout is over time, lowering the effective value of the money.
      I have no idea what relevance that's supposed to have. Unless there's some kind of lotto that I can play this week but it pays out in 2023.
      --
      At the bottom of the /. main page it says 'Yesterday's News'. Well they got that right.
    28. Re:And yet, one truth escapes the analysis by krazytekn0 · · Score: 1

      If you're going test success by lifestyle impact, then statistically you would be best to either not play the lottery and thus avoid becoming a gambling addict, or to play and win a small sum of money. The lifestyle impact of winning "the big one" is actually historically quite negative, unless having a pile of money for a few years is more important than your length of life, family relationships, relative privacy for being non-famous, the fact that hundreds of people every week just leave you alone instead of asking for money, knowing that your friends really like you, general happiness. These are all things that are generally taken away from the big money winners, leading in many cases to suicide a/o drug dependency. Of course that would never happen to YOU...

      --
      Not all life is cyber. Extra Income
    29. Re:And yet, one truth escapes the analysis by IgLou · · Score: 5, Funny

      Yeah but I still hate how smug math is for pwning me in the first place, even when I win! Take this unnofficial transcript between math and I.

      Lou - Look Math! I won 100 bucks on the lotto!
      Math - *scowling* How much did you spend on that ticket?
      Lou - Well, uh 10 bucks so it's like I made $10 dollars on ever dollar I spent!
      Math - *smiling evilly* Oh really? Was that the only ticket you bought this week?
      Lou - Well no, but...
      Math - AND... did you win on any of those tickets? How much did you spend altogether this week?
      Lou - Well no but it was only another 10 so it's like I made 5 on...
      Math - Please, spare me. How much have you spent this month?
      Lou - Uh 80 but...
      Math - and won?
      Lou - with this it would be 120.
      Math - Aha! You're return is more like .50 cents on the dollar!
      Lou - But overall...
      Math - Lies! Statistically this year you've lost more money than you gained!
      Lou - It was disposable income!!
      Math - How much would that have made long term investments!
      Lou - I don't know!
      Math - Or how much you would have saved on your mortgage!
      Lou - I don't know, I don't know!
      Math - Fool, now go make me a one minute egg.
      Lou - Fine, right after I put some money in a stocks so we can retire.
      Math - Idiot, why bother? You have a higher probability of making money on the stock market by random selection. A monkey can make money on the stock market better than you!
      Lou - *sobbing uncontrollably* I hate you! I hate you!
      Math - Wait till he hears about his income tax. Muhahahaha!

      I may have had to improvise some parts but that's fairly accurate.

      --

      Oops, how did this get here?
      09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0
    30. Re:And yet, one truth escapes the analysis by Intron · · Score: 1

      I have yet to meet a gambler that doesn't claim to have made more than he/she has spent. Yet somehow the casinos and lotteries stay in business.

      Anyway, this article was clearly not done by a statistician. It doesn't even do a basic analysis of variance on the winning numbers, which is a measure of normal distribution. I would not put much stock in either the methodology or conclusions.

      --
      Intron: the portion of DNA which expresses nothing useful.
    31. Re:And yet, one truth escapes the analysis by dnormant · · Score: 1

      You can't lose if you don't play.

    32. Re:And yet, one truth escapes the analysis by dgatwood · · Score: 1

      The lottery funds in many states go to public education. In Tennessee, for example, the lottery pays (among other things) for college scholarships for underprivileged kids. It has done a lot more for education than the tax system (particularly since TN doesn't have an income tax and sales tax revenues are drying up pretty badly).

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    33. Re:And yet, one truth escapes the analysis by Waffle+Iron · · Score: 1

      Instead of using absolute dollar figures for your analysis, you should use lifestyle impact.

      1.75e8:1 odds are about the same as the risk of being killed per mile in a car even for low-risk drivers. So if you drive just one extra mile to pick up your lotto tickets, it's more likely that your new lifestyle will be 6 feet under than suddenly affluent.

    34. Re:And yet, one truth escapes the analysis by mattack2 · · Score: 1

      The instant lower payout is always better than the payout over time.

    35. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      maybe he meant that for every 10 people who get hit by lightning, one person wins the lottery.

    36. Re:And yet, one truth escapes the analysis by mattack2 · · Score: 1

      That's true, but the 107 million dollars 'invested' in tickets would raise the hypothetical $150 million to about $203.5 million (50% of income goes out as payouts), right? If it were $165 million originally and the 'investment' brought it up to $218.5, you could share the winnings with one other person and still be ahead in the end.

    37. Re:And yet, one truth escapes the analysis by atteSmythe · · Score: 1

      You're already losing by buying the ticket.

      Sort of...I try to look at it as an opportunity cost. If the odds of wining are 1:175,000,000 (roughly), I won't buy a $1 ticket unless the jackpot is already at least $175,000,000... the odds of winning times the payout meets or exceeds the investment.

      Sure, it's more complicated than that, but so long as I'm already butchering Econ101, I can ignore multiple winners, etc. I'm sure they roughly balance against the partial match payouts. Or at least, that's what I'll continue to tell myself on the rare times where I actually play the lotto. :)

    38. Re:And yet, one truth escapes the analysis by mfrank · · Score: 1

      Not if you wait till the amount builds up enough. When the odds are 100 million to 1 and the cash payout's 200 million, it's a good investment.

    39. Re:And yet, one truth escapes the analysis by Retric · · Score: 1

      US lotteries are a state funding source. Now if you look at the services state governments provide vs. their cash flow you might realize they are extremely efficient for their size. Show me a large effective charitable organization that does not waste tons of cash on fund raising and or advertising.

      From a pure efficiency standpoint the average state government is much more efficient that the average charitable organization. Note: There are bad examples but look at the totals wasting 100 million out of a 100billion budget is a 1/1000 of overall funding.

      PS: For real insight look into less flashy services like the DMV.

    40. Re:And yet, one truth escapes the analysis by WillAffleckUW · · Score: 1

      Ah, as I recall the figure was something like $180 million payout when I used to buy lottery tickets in BC in the 80s, before your chance of payout became equivalent.

      However, while I'm not saying that your odds won't change due to circumstances - e.g. how many people choose your number, how random selection is, how many people are in the pool at the drawing, and how many dollars there are in the pool - on average, you're still better off buying a raffle ticket from a local charitable organization than you are buying a lottery ticket.

      --
      -- Tigger warning: This post may contain tiggers! --
    41. Re:And yet, one truth escapes the analysis by Ced_Ex · · Score: 4, Interesting

      Do you know what that dollar used for a lottery ticket buys you?

      Basically it buys you a dream, and an opportunity to share your dreams with your friends/co-workers who are in on the ticket. Really no different from buying a piece of art for a conversation piece.

      At work, we buy lottery tickets together when the jackpot is huge, and then we get to talk about the things we'd do if we won, which in effect buys me a mental vacation from the reality of having to work for a living. For a dollar every now and then, it's worth it. Besides, a losing ticket just buys social assistance projects where I'm from anyways, so it's not really a big loss.

      --
      Live forever, or die trying.
    42. Re:And yet, one truth escapes the analysis by WillAffleckUW · · Score: 1

      Anyway, this article was clearly not done by a statistician. It doesn't even do a basic analysis of variance on the winning numbers, which is a measure of normal distribution. I would not put much stock in either the methodology or conclusions.

      Good point.

      However, we're assuming that it has a normal distribution. We might want to validate that underlying assumption first, before we attempt to fit a statistical model to the data.

      As an example of why that might matter, I work in bioinformatics on medical genetics data. Our normal distribution is actually a very long tail - most people don't have a disease or condition, and very few have the disease, and yet we're primarily concerned with those few people who have the disease, which is not normally distributed per se.

      But at least they're questioning the distribution of resultant numbers, in other words, questioning the assumption that the data is in fact normally distributed.

      --
      -- Tigger warning: This post may contain tiggers! --
    43. Re:And yet, one truth escapes the analysis by Scrameustache · · Score: 4, Interesting

      Also, for 1 dollar a week you are buying a mild emotional high when checking the numbers and a mild emotional low when you find out that math pwned you again.

      Yes, but for less than one dollar a day (that's less than the cost of a cup of coffee), you can help change a child's life. Imagine the feeling of joy you'll get when you receive a personalized card in the mail from the child you sponsor. Call the number on your screen right now to make a donation. My dad's old boss went to visit his sponsored child for his vacation once.
      Turned out the kid had been dead for years. Someone kept collecting the money, though, and wrote letters.
      --

      You can't take the sky from me...

    44. Re:And yet, one truth escapes the analysis by Surt · · Score: 1

      Ah, possibly, I may have misread that.
      Still, what kind of person condemns ten others to be struck by lightning for money?

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    45. Re:And yet, one truth escapes the analysis by Sean+Riordan · · Score: 1

      It depends on how you look at it. I don't play the lottery often, but when I do I see it as a charitable donation to college funds with no expectation of return. I may not be a brilliant mathematician, but I can figure odds so as a financial investment the lottery is useless. The number of high school grads getting a free ride to state colleges due to the lottery is a good thing overall though and worth my few dollars a year.

      --
      Sig? What if I prefer Glock?
    46. Re:And yet, one truth escapes the analysis by Country_hacker · · Score: 3, Funny

      And yet how will you feel when you get that handwritten note from the child thanking you for the $130 million that you could have had if you had kept the ticket instead of sending it to them?

      --
      Never give any object more potential energy than you want it to have.
    47. Re:And yet, one truth escapes the analysis by Retric · · Score: 1

      It's a fairly complex problem you need to find the odds based on the numbers of players to find the odds of 0,1,2,...10 other winners.

      Factor in smaller winning amounts like 3$, 7$, 500$, or whatever.

      Factor in taxes on amounts over ~100$.

      I think break even for a single ticket is around 2:1 listed payout amount vs odds of winning for Mega Millions but I don't really know.

    48. Re:And yet, one truth escapes the analysis by audubon · · Score: 1

      On April 24th 1980, Pennsylvania lottery insiders had a different cause in mind.

    49. Re:And yet, one truth escapes the analysis by Retric · · Score: 1

      Ok, I know there is inflation etc, but I am up 60% over the last 4 years (~12.5% / year ignoring inflation). I think my grandfathers historical average is about the same ~9% / year adjusted for inflation over 60 years. WTF funny money investments have you been using.

    50. Re:And yet, one truth escapes the analysis by Luke+Dawson · · Score: 1, Insightful

      Parent should be modded insightful IMO (even if unintentional). As light-hearted a jest as it may be, it really exposes a lot of what I hate about people's priorities. Just imagine what could be achieved if instead of pissing money away on lottery tickets people instead put that money into their favorite charity. Yes, I know most lottery commissions also donate large sums to charities but that's still only a fraction of the money actually generated through ticket sales. Just imagine if, say, $370M was instead invested in medical research? I know, maybe not as fun as getting your weekly high, but still.

    51. Re:And yet, one truth escapes the analysis by Registered+Coward+v2 · · Score: 1

      That's true, but the 107 million dollars 'invested' in tickets would raise the hypothetical $150 million to about $203.5 million (50% of income goes out as payouts), right? If it were $165 million originally and the 'investment' brought it up to $218.5, you could share the winnings with one other person and still be ahead in the end.

      There is a second problem with that approach - the time value of money. Let's say you are the only winner and get $260 million on your$107 million investment. You have essentially bought a 26 year cash flow. So, for the next 26 years you get 10 million a year.

      Given a slightly better than 50% cash value payout, you'd net about 23 million if you were the only winner, so a split would cost you money.

      --
      I'm a consultant - I convert gibberish into cash-flow.
    52. Re:And yet, one truth escapes the analysis by Lumpy · · Score: 1

      Money cant buy happiness. you are right.

      But it sure as hell can RENT it!

      --
      Do not look at laser with remaining good eye.
    53. Re:And yet, one truth escapes the analysis by gatzke · · Score: 1


      Yes, but the pot increases each iteration. You can actually have the lottery expected value for rate of return be greater than 1.

      Example: nobody hits the state lottery for weeks (1 in 10 million) and it gets up to 20 million. Assuming only one person wins, you could argue that buying a ticket makes sense mathematically (except for taxes...).

    54. Re:And yet, one truth escapes the analysis by gwern · · Score: 1

      How about the fellow hit by lightning 7 times? ,

    55. Re:And yet, one truth escapes the analysis by SteeldrivingJon · · Score: 1

      "Lottery tickets can be a fun diversion, cheaper than getting drunk, but they are not a wise use of cash."

      This is true, but it's also true of many things, like overpriced foofy coffee drinks or ringtones or neon highlights on a PC. Somehow, ringtones don't bring out the pedantic moralizers to preach that if you pay $2.99 to put Crazy Frog on your phone the odds of it getting you laid are approximately a googol to the zillionth power to 1 against.

      Powerball/Megamillions games seem fairly innocuous to me. The drawings are held on a fixed schedule, and only twice a week, which probably reduces the potential for addiction compared to on-demand instant gratification games like scratch-offs. I think those are much more damaging, and even if someone wins it probably isn't enough to really make a difference in their life - yet they also cost at least $1 per play.

      --
      September 2011: Looking for Cocoa/iOS work in Boston area Cocoa Programmer Quincy, MA
    56. Re:And yet, one truth escapes the analysis by WillAffleckUW · · Score: 1

      But your base assumption is flawed.

      Not only one person wins.

      Any number of tickets with the same number win - and divide the pot.

      And many people win various pots of money from lower sequences as well.

      Additionally, the number of participants in the higher jackpots increase as more people participate, which increases the probability of more than one person having the same number.

      It's not that simple.

      But, as you state, your odds of winning (assume you hold ticket with winning number, regardless of if others do) do increase as the pot grows.

      Still, half of every dollar is usually taken off the table, so ...

      Still better off buying a raffle ticket - normally prizes are donated, it's for a charity, very few participants, so you have a very good chance of getting more than you paid.

      --
      -- Tigger warning: This post may contain tiggers! --
    57. Re:And yet, one truth escapes the analysis by Valar · · Score: 1

      Are you insane?

      If on average, everyone were staying still or losing money, everyone would invest their money in bonds. Period. And how do you explain the statistically significant positive gains (even adjusted for inflation) that mutual funds make every year?

      Just because you are losing money doesn't mean everyone is.

      And also, in response to the GP, just because a couple of TV shows have had stock portfolios picked at random win over celebrity stock pickers doesn't mean that no one knows how to pick stocks. It means those particular stock pickers performed at under market rates. No one argues with the fact that some people can't pick stock better than a monkey, but it is insane to claim that EVERYONE does no better than average.

    58. Re:And yet, one truth escapes the analysis by Dysan2k · · Score: 1

      Hope they wouldn't do like me and blow it all on coke and hookers...

      --
      -What have you contributed lately?
    59. Re:And yet, one truth escapes the analysis by Colin+Smith · · Score: 1

      Are you insane? No. I just understand relativity and you don't.
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      Deleted
    60. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      That's why it's called a Stupid Tax as it's a tax on stupid people.

    61. Re:And yet, one truth escapes the analysis by ragefan · · Score: 1

      The problem with that "sure fire" method to win is multi winners. Often On the big jackpots they end up split. So even if I had 107 million dollars to buy all the combos I'm still making a wager that I'm the only winner. Not really, in buying up every combo, you have also bought all the match all except 1,2,etc combos, too. Each of these payout an exact amount regardless of other winners.

      Taking the MegaMillions for an example, jackpot is match 5 plus 1 of 46. By covering every combo, you also have 45 tickets matching 5+0 each paying an additional $250,000, adding an additional $11.25M, and so on for each of the remaining payout matches.

    62. Re:And yet, one truth escapes the analysis by Colin+Smith · · Score: 1

      Take a look at the historical money supply figures. If you're beating those then you're winning, otherwise you're only standing still or falling. e.g. in the uk your stocks would have to have increased at 15% this year just to stand still.

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      Deleted
    63. Re:And yet, one truth escapes the analysis by mithluin · · Score: 1

      Instead of using absolute dollar figures for your analysis, you should use lifestyle impact. e.g. One dollar a week == no lifestyle impact; $370MM payout == off the charts lifestyle impact. This is why people will continue to play the lottery, even if mathematically it's a poor choice.
      It's funny that you should use "lifestyle impact", because the impact of each dollar on an individual's happiness decreases drastically for a total that large. One dollar == small impact; $370 million == large impact, but much smaller than 370 million times the impact of $1.
    64. Re:And yet, one truth escapes the analysis by The_Wilschon · · Score: 1

      I'm no economist, but it sure seems that comparing the rate of increase of your stocks to the rate of increase of the money supply is only not a red herring provided the population is static. Inflation rates are based on a basket of prices, and prices are what actually matter when you want to know how much your money is really worth (This dollar is worth 2 previously-frozen clams at the supermarket, for instance)

      --
      SIGSEGV caught, terminating

      wait... not that kind of sig.
    65. Re:And yet, one truth escapes the analysis by Lehk228 · · Score: 1

      i always get owned at the track, and at the casino, hence why i avoid both for most of the year.

      --
      Snowden and Manning are heroes.
    66. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      >> You're already losing by buying the ticket.

      > From an arithmetical perspective, yes. From a more subjective standpoint, no.
      > Instead of using absolute dollar figures for your analysis, you should use lifestyle impact.
      > e.g. One dollar a week == no lifestyle impact; $370MM payout == off the charts lifestyle impact.

      No, that is a logical fallacy.

      1 dollar has such a big impact on the lifestyle of an average person that it would be willing to spend $1 on a refreshing cup of coffee now, but would rather go thirsty for another hour if it cost an outrageous $2.

      A potential $370MM payout typically has zero impact on 10 Million participants of a lottery, because typically none of them would get the payout in this draw.

      What people pay for in a lottery is the ability to indulge in the dream of owning 370MM for a few days until the numbers are announced.

      If you are not a dreamer, that is a losing proposition!

      On the other hand, if there was a lottery that paid out $1 to every participant that accepts a free ticket, but would get to keep a meteor composed of solid gold worth 370MM that could strike the garage one of the participants with odds of 1:185.000.000, then this would have an average positive net effect on the lifestyle of the participants, even though the arithmetic payout would only be 50 Cents on the dollar.

      The reason for this is the law of diminishing returns - people can't drink 10 million cups of coffee in their lifetime, so they do not really care if they can afford 370 million cups - well, except programmers, maybe ;-)

    67. Re:And yet, one truth escapes the analysis by Tjp($)pjT · · Score: 1

      If I win big in a lottery I have a plan. It is diabolical. I will give a nice chunk to charity, set aside enough to be debt free for life and comfortable, then give in excess of $1,000,000 to each of several people who have wronged me. I will give it to them very publicly. Then they will have to live with the consequences as the world knows I am broke and has a new sucker list to prey upon. Bwah ha ha ha ha!

      --
      - Tjp

      I am in wallow with my inner money grubbing capitalistic pig. ... Oink!

    68. Re:And yet, one truth escapes the analysis by StrahdVZ · · Score: 1

      I think it's more of a case of that you only HEAR about the people that blow it all. The smart ones who invest it are far more common, but nobody goes around talking about them and the news certainly doesn't report on them (because they are so boring). There's no news like bad news.

    69. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      For the big jackpots the odds are typically in the ballpark of being hit by lightning 10 times.

      How come I've heard of people winning the jackpot, but I've never heard of anyone being struck by lightning 10 times?

    70. Re:And yet, one truth escapes the analysis by pipingguy · · Score: 1

      Smugly said: Lotteries are a voluntary tax on innumeracy (mathematical illiteracy).

      But eventually *someone* (someone probably undeserving in your evaluation) does win. A couple of bucks thrown at a multi-million dollar potential prize doesn't seem all that wasteful. Or are you on about the compulsive types and seek to control them? Just think of the billions of wasted dollars that could be spent for the better good if only you controlled that money!

    71. Re:And yet, one truth escapes the analysis by greyhueofdoubt · · Score: 1

      >>For the big jackpots the odds are typically in the ballpark of being hit by lightning 10 times.

      Ok, I hear 'odds' like this thrown around all the time. I think it's time to question them.

      Many people win big (to varying degrees) while playing the lottery. About once a week it seems that another working-class joe is on TV telling us what he's going to do with his money. Now, you're saying that this is as likely as being hit by lightning 10 times.

      How many people have been hit by lightning 10 times? 9? 8?

      Come on, people, this is slashdot.

      Purported record holder for most lightning strikes: Roy C. Sullivan, a park ranger, at seven times.

      National Center for Health Statistics on lightning fatalities in the United States from 1980 through 1995 show 1318 deaths attributed to lightning.

      Being struck by lightning just once is common enough that there is an organization out there to support shock victim: http://www.lightning-strike.org/

      I would say that a rough estimate would put the odds of being struck by lightning as about equal to winning it big in the lottery (by big, let's say more than a million dollars).

      Someone out there with more patience should figure out the actual odds. But the odds are certainly much better than being struck by lightning ten times.

      -b

      --
      No offense, but I've stopped responding to AC's.
    72. Re:And yet, one truth escapes the analysis by mollymoo · · Score: 1

      As to the lifestyle impact, it is a provable truism that most maximum payout winners do not actually improve their lives.

      I'm not sure precisely what you mean by a "provable truism" is (does that mean it's true but as yet unproven, or that it could be proven if it were true?), but I do know that lottery winners who ruin their lives are several orders of magnitude more newsworthy than ones who quietly live a happy and contented life. Not only that but (in the UK at least) you can choose whether or not to have publicity about your win. Those who chose publicity are, to my mind, a bit stupid in the first place. So, if the basis of your truism is reports in the media, it's based on a biased subset of a self-selecting sample.

      --
      Chernobyl 'not a wildlife haven' - BBC News
    73. Re:And yet, one truth escapes the analysis by Trogre · · Score: 2, Insightful

      That's why you get with an organization that sends photos too.

      --
      "Nine times out of ten, starting a fire is not the best way to solve the problem." - my wife
    74. Re:And yet, one truth escapes the analysis by kestasjk · · Score: 1

      You're already losing by buying the ticket.
      From an arithmetical perspective, yes. From a more subjective standpoint, no.

      Instead of using absolute dollar figures for your analysis, you should use lifestyle impact.

      e.g. One dollar a week == no lifestyle impact; $370MM payout == off the charts lifestyle impact.

      This is why people will continue to play the lottery, even if mathematically it's a poor choice. I think people buy lottery tickets just for the hope of winning it big, rather than as a wise investment. It means that there is some chance, however remote, that you could retire next week. That's what people pay for, imo.
      --
      // MD_Update(&m,buf,j);
    75. Re:And yet, one truth escapes the analysis by protohiro1 · · Score: 1

      for 1 dollar a week you are buying a mild emotional high when checking the numbers That is why I pretend I bought a lottery ticket every week. I gamed the system man!

      --
      Sig removed because it was obnoxious
    76. Re:And yet, one truth escapes the analysis by JoshJ · · Score: 1

      I have no problem with a tax on stupidity. We need more of them. Merit-based taxes beat the hell out of aristocracy-benefiting taxes.

    77. Re:And yet, one truth escapes the analysis by Trogre · · Score: 1

      Speaking of taxing the innumerate, can someone help me out here?

      Is it true that in the US the winner of a $370M prize doesn't actually get that amount, and what they do get is the prize money AFTER a hefty tax deduction?

      Because in most developed countries with lotteries (I know, almost an oxymoron), any tax payable has to be paid by the group offering the prize, so the winner of a $1M prize actually gets it as advertised.

      Come to think of it wasn't there some guy a while ago who won a near-space flight but had to turn it down because of the big tax bill he'd have to pay on it? It seems insane.

      --
      "Nine times out of ten, starting a fire is not the best way to solve the problem." - my wife
    78. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      South Park already made the point:

      That is what happens when the money is spent to give a starving child a bible instead of food!

    79. Re:And yet, one truth escapes the analysis by Colin+Smith · · Score: 1

      Inflation rates are based on a basket of prices, and prices are what actually matter when you want to know how much your money is really worth (This dollar is worth 2 previously-frozen clams at the supermarket, for instance) Sure, but increases in the stock markets and increases in house prices are just as much part of inflation as frozen clam prices. It's exactly the same phenomenon, though of course they're not included in RPI or CPI figures. The banks and traders wouldn't be able to make money if they were, and politicians wouldn't be able to promise the sun and moon to their voters.

      All the money in existence represents all the buyable "stuff" in the economy. Increasing the money doesn't make the stuff any more valuable, it simply makes each unit of money represent a smaller division of the stuff. Now, if someone increases all the money which exists by 10% and the value of your investments in stuff only increases by 9%, your investment has decreased in value, it's a smaller proportion of the economy, it's shrunk relative to the rest of the economy. This may well be fine if the economy has really grown and there's more real buyable stuff around. If the real economy hasn't grown, the money supply has increased by 10% and your investments have only taken 9% then you've actually become poorer. Even if the real economy has grown, the money supply increased by 10% and your investments only increased by 9% then you may not actually be poorer but your investments are still not increasing in proportion with the economy.

      This is my point. In general, the vast majority of the people involved in the housing/stock markets are at the very best standing still in reality. A few who are really good do manage to climb up a few percent above the money supply and are really gaining. The rest of the population, the ones earning cash in their salaries/wages, with only cash in the bank earning a few percent, or even bonds, are basically in free fall while the money supply increases. Their value is decreasing annually as a proportion of the economy and they are sliding down the economic ladder.
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      Deleted
    80. Re:And yet, one truth escapes the analysis by sasdrtx · · Score: 1

      Math would *never* make the mistake of saying ".50 cents".

      --
      Most people don't even think inside the box.
    81. Re:And yet, one truth escapes the analysis by UltimateRobotLover · · Score: 1

      If I call you a wally can I have $1,000?

    82. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      If your odds are 1 in 14 million, each ticket costs $2, and the payout is "$28million", then the expected value is 1:1. However if the payout is spread over 20 years at $1.4million, by the end of the 10 years, inflation will have eaten the value of your 2017 $1.4 million payment to half (750K) in terms of 2007 dollars, and by 2027, the payment will only be worth $350,000 in constant dollars. So overall in terms of 2007 dollars, you're getting paid just a little over 1/3 of your $28 million. Now, if you're paying taxes on the payments and you can spread out your tax burden so that you pay a lot less as a percentage with smaller payments than on a big lump sum, it might help offset things a bit. But you should probably want to talk to a good accountant and investor on how you could get that lump sum payment to grow over time before you make a decision on which way to go.

    83. Re:And yet, one truth escapes the analysis by Ungrounded+Lightning · · Score: 1

      The odds can't possibly be in the ballpark of being hit by lightning 10 times, or even 2 times, as there have been many, many big lottery winners, and I have only heard of a couple of people who have been struck by lightning twice.

      Sure they can.

      Remember: I was talking somebody who buys ONE lottery ticket in his life. Buy a hundred and it's like living for 7,000 years while waiting for your ten hits.

      --
      Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
    84. Re:And yet, one truth escapes the analysis by Ungrounded+Lightning · · Score: 1

      Ok, I hear 'odds' like this thrown around all the time. I think it's time to question them.

      The trouble with finding people who actually HAVE been hit by lighting 10 times is a matter of conditional probability: Being hit once reduces the probability you'll be alive to be hit again. This adds up after a few hits. So a computation based on the assumption that somebody who's been hit 9 times is going to live out a normal lifespan while waiting for number 10 tends to be a tad off. B-)

      --
      Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
    85. Re:And yet, one truth escapes the analysis by Retric · · Score: 1

      All the money in existence represents all the buy able "stuff" in the economy. (Wrong) In macroeconomics, money supply ("monetary aggregates", "money stock") is the quantity of currency and money in bank accounts in the hands of the non-bank public available within the economy to purchase goods, services, and securities.

      It's best to think of money as just another good in the economy. Let's say there are 100billion$ in the world. Now someone discovers a new oil field.

      What happened to the money supply? Well nothing.
      What happened to the price of oil today? Well Nothing.

      But wait the guy who found all that oil just got rich right? Where does that money come from? Well at some point people with money is going to want to buy oil so someone is going to pay money to extract that oil so they will pay for the land.

      Note: At no point in this process does the amount of money change. And the price of all other goods in the economy stay the say it's the price of the land that increases to represent it's new value.

      Each and every year people transform some things of lower value to things with more value. At the same time decay reduces the value of other things like unmaintained roads. Ideas like inflation are talk about how the value of money changes vs a group of goods. Over the last 40 years the price of oil has increased but the price of a computer has decreased. 2000 years ago salt and gold where worth about the same amount now salt is much much cheaper than gold. It's best to think of money as economic grease I would much rather have 10million in cash from 1990 than 10million in computers from 1990 because I can turn 10million in cash to more gold, salt, or whatever than 10 million in 1990 PC's.

      Now back to stock. Owning a stock is not the same thing as owning cash. It's value tends to increase because that's what companies do. On average the economy might grow 3% a year and inflation might increase 3% a year but stocks tend to increase 3% faster than both of them put together. But at the end of the day I only care about what other goods I can buy with my stock you use inflation to figure out how many goods I can buy now vs when I bout the stock to see if it was a good investment. I don't really care if the economy grows and 100 people are now billionaires I only care how much salt, gold, oil, doctors time etc I can get with my stock not how my relative place in the economy changes. After all if everyone becomes 100x as rich that's fine with me.

    86. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      The money you're still sending is probably spent on cleaning and maintaining the child's grave. It's the least you can do for a loved one.

    87. Re:And yet, one truth escapes the analysis by HeadlessNotAHorseman · · Score: 1

      Lottery is a tax on those who can't do maths! :-P Seriously though, my father bought me a lottery ticket once for my birthday, and I won back the approximate price of the lottery ticket. I consider that the closest that I'll ever get to being a millionaire by lottery.

      --
      I like my coffee the way I like my women - roasted and ground up into little tiny pieces.
    88. Re:And yet, one truth escapes the analysis by KKlaus · · Score: 1

      >>So the effect is that the lottery money goes to the pet projects of the legislature (in a roundabout-on-paper fashion).

      No, the fungibility implies that the money is essentially evenly distributed over the state budget, and NOT tied to one category. That's the whole point.

      --
      Relax I just want some peanuts.
    89. Re:And yet, one truth escapes the analysis by TenBrothers · · Score: 1

      Wow. 60% became less than half?

      No wonder so many people miscalculate the odds on the lottery.

    90. Re:And yet, one truth escapes the analysis by zippthorne · · Score: 1
      It doesn't go into "college funds." It goes where all money collected by the state goes. The "General Fund." Which has some rather interesting properties:
      • If the expenses exceed the amount contained in the general fund, politicians are embarrassed by the shortfall and solve the problem in the following steps:
        1. Borrow the shortfall against your credit.
        2. Raise your taxes for the following year to what they assume will cover the shortfall and the interest on last year's shortfall. Note that they will try to raise taxes regardless of which side of the Laffer Curve they are on and will not even try to determine that information.
      • If the general fund exceeds the expenses, politicians are embarrassed by the implication of over-taxation and will solve the problem in the following steps:
        1. Propose several sweeping new programs to eat up the difference.
        2. Pass enough of these to consume no less than 1.7x the difference.
        3. Raise taxes to cover the extra expenses anticipated* by the new programs. Note that the programs will be permanently enshrined in the bureaucracy, never to be repealed or examined again.
        *actual expenses may be greater.
      So, no, you don't win when you play the Lotto. In fact, everybody loses, including the people who didn't play.
      --
      Can you be Even More Awesome?!
    91. Re:And yet, one truth escapes the analysis by vidarh · · Score: 1
      It is highly relevant if you're trying to make money by buying all the tickets. Suppose you pay tickets for $100 million to win a $150 million jackpot, but that jackpot is paid out over 10 years, which is pretty normal for lotteries with large payouts.

      First of all, inflation will reduce the value of that $150 million payout. But more importantly, if you invested $100 million in something else, with any sense at all you'd get a return on that money over those 10 years.

      Assuming an average 5% return over the next 10 years on your $100m, which would mean a pretty conservative investment, you'd be left with more than $162 million at the end of the 10 years. Odds are you could make on average well above 5%, and could allow yourself to spend a portion of the returns and still end up with more than $150m at the end of it.

      In that case, investing $100m to win $150m is a bad choice, whereas if the payout is immediate (or even just over a shorter period - how short depends on what return you'd expect to be able to make on investing the money) it would be a good investment.

    92. Re:And yet, one truth escapes the analysis by famebait · · Score: 1

      Funny how these things are always two steps removed from the person telling the story. Are you sure it was it _really_ your dad's boss this happened to? Or are you just shortening the chain to make it easier to tell, and not water down the impact too much? Are you sure the person you heard it from didn't do the same thing? How about the guy he heard it from? A friend of a friend told me this is how urban legends work.

      --
      sudo ergo sum
    93. Re:And yet, one truth escapes the analysis by DarkIye · · Score: 1

      This argument is always put forward when there's a debate about the lottery. I'm not bought by it.

      I mean, come on. You're not going to win. Ever. If you want something to have a beer and a good larf about, watch the football or something.

      And what if fortune decides to grant you the money? It'd be a shame if you actually bought all the stupid shit you promised yourself you'd squander it on.

    94. Re:And yet, one truth escapes the analysis by edittard · · Score: 1

      $100 million to win a $150 million jackpot, but that jackpot is paid out over 10 years, which is pretty normal for lotteries with large payouts.
      By normal you mean that's how it works where you live? Because it sure isn't the case everywhere. In the UK All prizes are paid as a lump sum and are tax-free. I don't really need to guess where you're from, do I?
      --
      At the bottom of the /. main page it says 'Yesterday's News'. Well they got that right.
    95. Re:And yet, one truth escapes the analysis by Rip!ey · · Score: 1

      Most lotteries (as opposed to raffles) have less than half the money spent by lottery ticket buyers going into the payout pool. You're already losing by buying the ticket. Where I live, the money that doesn't make it into the prize pool is given back to the community in the form of funding for events and community institutions. Tickets are sold throughout the country, but all the funding in question is spent in our state. The lottery is run by a government sanctioned state based Lotteries Commission.

      I guess that makes me a winner, even though I don't buy tickets.
    96. Re:And yet, one truth escapes the analysis by Anonymous Coward · · Score: 0

      Doesn't the money from drawings without a grand-prize winner roll over to the next week?

      In such cases, if you buy only on drawings where there have been some amount of rollovers, you could easily counteract the fact that they only pay out 50% of the money.

      Simple case: people pay $200M in tickets for a total prize pool of $100M and nobody wins. $100M rolls over to the next drawing. People pay another $200M in tickets and now the prize pool is $200M. Isn't the expected value for the people in the second drawing twice as high as the expected value was for those who put money in the first pool?

      So the fact that the payout is 50% and that it would be stupid to buy tickets on weeks when there has been no rollover isn't proof that it is de facto stupid to buy lottery tickets under any circumstances (of course, that could still be stupid based on the size of the pot and the expected odds of winning).

      Or am I missing something?

    97. Re:And yet, one truth escapes the analysis by AP31R0N · · Score: 1

      This is my calculation: 1$ for a 1:1M chance to win 1M$ is a reasonable bet. When the pot is worth more in $ than the number of people playing against me, that's when i play. Most lotteries give millions upon millions to schools. Some states would have to raise evil taxes to come up with that kind of cash. Your losing ticket contributes in some small way to making someone's dream come true. Yes, some people ruin themselves with it, but most don't. Seeing lottery tickets as an investment or a way out of debt is stupid, but that doesn't make it bad or dumb. Like you said, a buck or so a week is trivial in comparison to the potential prize. wRt the article, now people will play those numbers and you'll have to split the prize with more people! How about this instead. I put in a dollar, and put my SSN in the hat. They draw one of the SSNs from the hat, and they get the pot. If you put in more dollars, you get a better chance that it will be your SSN pulled. This way, no one can share your prize. Alas, the Privacy Act would get in the way of this idea. :(

      --
      Utilizing the synergization of benchmark e-solutions to pre-workaround action items!
    98. Re:And yet, one truth escapes the analysis by Mutant321 · · Score: 1

      the best thing you can do with that is max out your retirement funds and pay off debt, and then put much of the rest in paying down your mortgage. Most people blow it, though.

      Well, that assumes life long financial security is the ultimate goal in life. There were a couple of guys in NZ who won a few hundred grand in the NZ Lotto. Instead of being "sensible", they bought a couple of motorbikes, and drove round the country. Their money lasted about 18 months. They had a blast, and had no regrets.

      Just because you don't place financial security as your number one priority, doesn't mean you're necessarily stupid. (Though I do agree, a lot of people have no idea what to do when they win that much money).

    99. Re:And yet, one truth escapes the analysis by JavaLord · · Score: 1

      the whole 'tax on the stupid' thing sits awkwardly with my ideological views (the same views which will stop me from ever being rich, no doubt...)

      1. You can get rich, and give the 'stupid' their money back.

      2. There are a lot of regressive taxes in society (at least, if you're here in the US. Who do you think gets hurt the most by taxes on cigarettes and booze?

    100. Re:And yet, one truth escapes the analysis by Colin+Smith · · Score: 1

      All the money in existence represents all the buy able "stuff" in the economy. (Wrong) In macroeconomics, money supply ("monetary aggregates", "money stock") is the quantity of currency and money in bank accounts in the hands of the non-bank public available within the economy to purchase goods, services, and securities.

      WTF? You just repeated what I said. What are "goods, services, and securities." but buyable "stuff"? And all the money as currency or in bank acccounts etc can be used to buy all that stuff. If you take all the stuff in one hand and all the money in the other, the money represents the value of the stuff because we use money to measure the value of the stuff. Which is fine in and of itself, but as you point out, money acts just like any other commodity and if you start fucking about with the amount of money there is, the value of individual units of money change. The totality of the money in existence still represents the value of the totality of the real stuff in the economy, it's simply divided more finely in the case of inflation or more coarsely in the case of deflation.

      What happened to the money supply? Well nothing.
      What happened to the price of oil today? Well Nothing.

      But wait the guy who found all that oil just got rich right? Where does that money come from? Well at some point people with money is going to want to buy oil so someone is going to pay money to extract that oil so they will pay for the land.

      Note: At no point in this process does the amount of money change. And the price of all other goods in the economy stay the say it's the price of the land that increases to represent it's new value.

      Nope. This is where you're wrong. This would cause deflation in the rest of the economy were the supply of money to actually remain at zero and the level of money to remain constant (with for example a gold backed currency). The relative value of the land increased with respect to everything else in the economy. Everything else would reduce in price and the value of individual units of money increased.

      However, the money supply rarely remains at zero. It's only an increase in the amount of money which would allow the land to increase in value/price while leaving the prices of other goods constant.

      The supply of money in the UK is increasing at 15% per year just now. The supply of money in the EU is increasing at 12% per year just now and the supply of money to the USA is an unknown figure because they stopped publishing those numbers last year. It's estimated to be at anything from 10% to 24%.

      Now back to stock. Owning a stock is not the same thing as owning cash. It's value tends to increase because that's what companies do

      ????????

      Stocks are no different from apples or pork bellies. Their value is determined by supply and demand in exactly the same way as it is for coffee or oil.

      The only reason stock prices increase is because the supply of stocks is limited and the demand for the stock has increased. The same is true of money itself, a general reduction in stock prices is because the demand for stocks has reduced relative to the demand for money. The reverse is true, the general devaluation in a currency as the money supply increases leads to a relative increase in the price of stocks, in exactly the same way as it does for apples, pork bellies, coffee or oil. In fact if the money supply were to remain at zero, stocks wouldn't increase in price at all, after the initial crash, they would decrease in price almost exactly in line with the real growth of the "stuff" in the economy.

      A booming stock market (and housing market) is a sign of inflation, it just isn't included in RPI or CPI figures for the reasons I mentioned previously.

      I don't really care if the economy grows and 100 people are now billionaires I only care how much salt, gold, oil, doctors time etc I can get with my stock not how my relative place in the

      --
      Deleted
    101. Re:And yet, one truth escapes the analysis by dwye · · Score: 1

      > How come I've heard of people winning the jackpot, but I've never heard of anyone being struck by lightning 10 times?

      I have. She was a forest ranger, and featured on That's Incredible, back in the 1970's.

      I think that there was someone (forest ranger, again) on 60 Minutes in the 1990's as well.

    102. Re:And yet, one truth escapes the analysis by Red+Flayer · · Score: 1

      Very close. Instead of (Rate of Return on Investments) / (Delta(Money Supply)), he should be calculating RoR / (Delta[(Money Supply)/GDP)]).

      It's GDP, not population, that he missed accounting for.

      --
      "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
    103. Re:And yet, one truth escapes the analysis by Joey+Vegetables · · Score: 1

      If the real economy hasn't grown, the money supply has increased by 10% and your investments have only taken 9% then you've actually become poorer. Even if the real economy has grown, the money supply increased by 10% and your investments only increased by 9% then you may not actually be poorer but your investments are still not increasing in proportion with the economy.

      This is my point. In general, the vast majority of the people involved in the housing/stock markets are at the very best standing still in reality.

      I agree, and I'm actually frightened by the extent to which people don't understand this. They have a vague understanding that they are losing ground, but no real clue why, or how to protect themselves. The real rate of inflation in the U.S. is very high, probably over 15%, and dollar wages remain stagnant which means real U.S. wages are falling.

      Gold is usually a good way to protect wealth from inflation, over the medium to long term, and while commodities in general show a downward trend in the long term, they are an excellent investment for now, because of wildly increasing demand in the developing world as well as the likelihood of war breaking out in Iran or elsewhere.

      Some real estate will also hold its real value over time but right now it's overpriced, and it's a risky bet in general. If energy prices continue to rise, people won't want to commute from the new McBurbs. Conversely, if they remain relatively moderate or even fall, which is still possible (if war in the Middle East can be averted), urban real estate will continue to be risky because no one will want to live in the 'hood if they can afford not to.

    104. Re:And yet, one truth escapes the analysis by Red+Flayer · · Score: 1

      Nope. This is where you're wrong. This would cause deflation in the rest of the economy were the supply of money to actually remain at zero and the level of money to remain constant (with for example a gold backed currency). The relative value of the land increased with respect to everything else in the economy. Everything else would reduce in price and the value of individual units of money increased.
      Hence encouraging hoarding, thereby removing capital from the economy, thereby reducing growth (or even causing a reduction in GDP) thereby causing bank failures... shall I go on?

      Inflation is necessary to compensate for growing GDP. I do believe it's a little out of hand currently, but to remove inflation severely weakens the economy.
      --
      "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
    105. Re:And yet, one truth escapes the analysis by ElNotto · · Score: 1
      For the big jackpots the odds are typically in the ballpark of being hit by lightning 10 times.

      [smart-aleck] There have been people hit ten times by lightning? I've never heard of that! I have heard of people winning more than a million dollars in the lottery. In fact, it happens about every week or two.[/smart-aleck]

      OK, to impose some interesting trivia, wikipedia's article on lightning safety lists Roy Sullivan as having "the record for being the human who has been struck by lightning the most times." The article says "In the USA between 9-10% of those struck die..." and Roy was hit seven times. In the end, however, he died from a self-inflicted gunshot wound.

    106. Re:And yet, one truth escapes the analysis by Retric · · Score: 1

      Nope. This is where you're wrong. This would cause deflation in the rest of the economy were the supply of money to actually remain at zero and the level of money to remain constant (with for example a gold backed currency).

      You don't understand the terms you are using read: http://en.wikipedia.org/wiki/Money_supply

      Now take Google stock it's "worth" around 600$ per share if it drops to 200$ the amount of money in the economy does not change. If you don't understand back to wikipedia and see how M0, M1, M2, or M3 are calculated.

      Total cash is not the same as total value of goods in the economy ex: US money supply around 11 trillion now what do you think the total assets in the US is? It's over 100 trillion.

      PS: The value of a stock is based on how much people expect it to be worth in the future. If a company has 10million in assets, 10million in net profit and zero growth it's going to be worth around 10 + 10/.1 = 110 million. But if it's growing at 5% a year it's going to be worth more than that.

    107. Re:And yet, one truth escapes the analysis by Scrameustache · · Score: 1

      Are you sure it was it _really_ your dad's boss this happened to? Or are you just shortening the chain to make it easier to tell Fuck you, and stop calling me a liar, you filthy piece of shit.
      --

      You can't take the sky from me...

    108. Re:And yet, one truth escapes the analysis by Ungrounded+Lightning · · Score: 1

      However if the payout is spread over 20 years at $1.4million, by the end of the 10 years, inflation will have eaten the value of your 2017 $1.4 million payment to half (750K) in terms of 2007 dollars, and by 2027, the payment will only be worth $350,000 in constant dollars.

      Not only that: You also incur the "opportunity cost" of not having much of the money until later.

      If you had it earlier, you could bank it at interest or invest it in bonds, stocks, diversified mutual funds, a house, a business, etc. and make additional money that way while still having the principal. This typically beats inflation by a significant amount - and a number of financial instruments are designed to spread the risk to near extinction and collect the broad average of this premium.

      --
      Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
    109. Re:And yet, one truth escapes the analysis by FunkSoulBrother · · Score: 1

      If energy prices continue to rise, people won't want to commute from the new McBurbs. Don't you think people will just demand the government bail them out rather than abandon the suburban lifestyle?
    110. Re:And yet, one truth escapes the analysis by WillAffleckUW · · Score: 1

      But, I would further suggest that anybody who gets a $370 Million payout and has anything less than an off the charts lifestyle impact is a complete moron with no imagination.

      And yet, when studies of winners are done, we find in fact that the vast and overwhelming majority of them in fact do not achieve and off the charts lifestyle impact just a few years down the road.

      We find that the money basically disappears.

      The reasons for that may be complex, but winning the lottery does not normally help one succeed as much as we would like to believe.

      It could be the pool of participants itself, or attitudes shared by them, it could be that they are descended upon by friends, relations, and schemers who assist in removing the large concentration of assets they've won. Or maybe they just tend to make bad choices and this is unaffected by the large asset pool they now have, causing the money to disappear.

      But it doesn't normally help to win a lottery.

      --
      -- Tigger warning: This post may contain tiggers! --
    111. Re:And yet, one truth escapes the analysis by LilGuy · · Score: 1

      He didn't say it was an improvement. You put those words in his mouth. He said the impact is off the charts.

      --

      You're nothing; like me.
    112. Re:And yet, one truth escapes the analysis by WillAffleckUW · · Score: 1

      The impact can't be off the charts if it results in no net positive increase in either long-term assets or wealth generation.

      Let's do a thought experiment.

      I take two people - Thing One and Thing Two.

      I give Thing One $1 million dollars from a lottery.

      I invest $1 million dollars in maximizing retirement accounts for Thing Two.

      If at the end of twenty years Thing One has more net assets and/or income than Thing Two has, then Thing One wins. If not, Thing Two wins.

      My point is, to be brief, that 99 percent of the time Thing Two wins.

      Which shows that winning the lottery doesn't really help, although it does make things a lot easier for your dopehead brother-in-law that stole most of your lottery winnings in a fraudulent investment scheme (just one concrete example of what happens).

      --
      -- Tigger warning: This post may contain tiggers! --
    113. Re:And yet, one truth escapes the analysis by Joey+Vegetables · · Score: 1

      Sure they will, but the political reality is that the we're near or at the end-game of the current government policy, which has been to subsidize both cheap oil and cheap suburban housing, hoping to create and then exploit divisions between the suburban middle class and the urban elites and underclass. Within the constraints of economic and political reality, there isn't much further it can do to can take us down the present path.

      It could (and in my opinion should) allow the building of nuclear power plants, allow the building of new refinery capacity, end farm subsidies, end food import tariffs (especially on sugar), pull out of the Middle East, and pursue a neutral and nonaggressive foreign policy. This would ease pressure on oil and gasoline prices in the short term while allowing market incentives for research into better/cheaper/greener/safer alternatives, probably (in the short term) based on using cheap nuclear energy to turn less desirable fuels, such as high-sulfur coal or biomass, into more desirable ones such as liquid fuels for fuel cells or hybrids. That is the only sane policy I can imagine. But it won't happen, because each of these steps would lessen the government's power over the average person, whereas governments always act to increase their power, never to decrease it.

    114. Re:And yet, one truth escapes the analysis by Valar · · Score: 1

      Umm, except that everything I said holds true when measured in real values as well as nominal values.

      http://www.econstats.com/BLS/blsnea1.htm

      http://www.econstats.com/eqty/eqea_mi_12.htm

      Take a look.

      Over the last decade and a half, the INFLATION ADJUSTED ROR for the NASDAQ is about 14.5%.

    115. Re:And yet, one truth escapes the analysis by Ced_Ex · · Score: 1

      This argument is always put forward when there's a debate about the lottery. I'm not bought by it.

      I mean, come on. You're not going to win. Ever. If you want something to have a beer and a good larf about, watch the football or something.

      And what if fortune decides to grant you the money? It'd be a shame if you actually bought all the stupid shit you promised yourself you'd squander it on. And yet inevitably, there is someone who comes out a winner.

      Also, if I manage to win and squander all my money, that's going to be my problem wouldn't it?

      --
      Live forever, or die trying.
  3. "math" is the wrong tag by Anonymous Coward · · Score: 1, Insightful

    We need a "badatmath" tag.

    1. Re:"math" is the wrong tag by edittard · · Score: 1

      There isn't enough for it to be bad.

      No significance tests. No confidence intervals. Lame.

      --
      At the bottom of the /. main page it says 'Yesterday's News'. Well they got that right.
    2. Re:"math" is the wrong tag by NekSnappa · · Score: 1

      I'd prefer a "Fscking Duh!" tag myself

      --
      I want to shoot the messenger!
    3. Re:"math" is the wrong tag by honestmonkey · · Score: 1

      One part of the math that might be bad (IANAM) is he looked at "Ball #1" and "Ball #2" etc. The balls are listing in numerical order in the database, however they don't get picked in that order. The database might list

      3 14 29 30 46

      but these might have been picked: 30 46 3 29 14

      I think that invalidates some of the math. You would need to look at "the first ball picked", and then "the second ball picked", etc, to see if that made some difference. I would suspect that any statistical aberrations he might have found are probably lessened by this.
      There is also perhaps not enough data available yet. I don't know how many runs makes a statistically useful sample.

      --
      Everything you know is wrong, Just forget the words and sing along.
  4. Your best bet. by RandoX · · Score: 5, Funny

    4, 8, 15, 16, 23, 42.

    1. Re:Your best bet. by ZiakII · · Score: 1

      Personally I like the numbers.....

      1, 2, 4, 8, 16, 32

    2. Re:Your best bet. by cwest · · Score: 1

      this week's prize of 370m will be shared by 370m winners.

    3. Re:Your best bet. by Basehart · · Score: 4, Funny

      I picked 42, 42, 42, 42, 42, 42 just be on the safe side.

    4. Re:Your best bet. by jonnythan · · Score: 2, Funny

      No way, man, I don't want my gramma to break her ankle and watch her house burn down.

    5. Re:Your best bet. by Anonymous Coward · · Score: 0

      Ya but being stranded on an Island with Sawyer.... :)

    6. Re:Your best bet. by Dusty00 · · Score: 5, Funny

      They won't let me play my lucky number: 09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0

    7. Re:Your best bet. by iknownuttin · · Score: 1
      I picked 42, 42, 42, 42, 42, 42 just be on the safe side.

      At that point, you would have the answer to the entire Universe and winning the lottery would be trivial at best.

      --
      I prefer Flambe as apposed flamebait.
    8. Re:Your best bet. by ZiakII · · Score: 1

      or you could take another approach,

      2,3,5,7,11,13

      or.....

      3,1,41,59,2,65

    9. Re:Your best bet. by AbbyNormal · · Score: 1

      Nah, I always play my luggage number: 1...2...3..4

      --
      Sig it.
    10. Re:Your best bet. by forgotten_my_nick · · Score: 1

      Actually these numbers came up in the Irish lottery some time back.

      4, 8, 15, 16, 23, 24

    11. Re:Your best bet. by It'sYerMam · · Score: 1

      To be precise the best bet is something like 40, 41, 42, 43, 44, 45. Very few people choose consecutive numbers, since instinct says it's unlikely for them to come out. Of course there's the same likelihood (unless the article is correct, perhaps) but you get a better chance of having an unsplit prize.

      --
      im in ur .sig, writin ur memes.
    12. Re:Your best bet. by Phantom_Linux · · Score: 1

      You should have picked 7, 7, 7, 7, 7, 7.

    13. Re:Your best bet. by Fex303 · · Score: 1

      Nah, I always play my luggage number: 1...2...3..4
      Great. Now I have to change my lottery numbers.
    14. Re:Your best bet. by Torontoman · · Score: 1

      I always tell people I'm going to pick the numbers 1,2,3,4,5,6 (and 7 if it's a 7 digit lottery). They look at me like I'm a crazy man. How could those numbers come out like that... impossibly remote. But the odds say it's as likely as any other.

    15. Re:Your best bet. by edittard · · Score: 1

      Lots of people play based on birthdays, so it's best to avoid numbers 31 and down - and especially the ones <= 12. As you say, any set of numbers is as likely as any other - but the payout's less likely to be shared.

      --
      At the bottom of the /. main page it says 'Yesterday's News'. Well they got that right.
    16. Re:Your best bet. by SeePage87 · · Score: 1

      4, 8, 15, 16, 23, 42? Sorry, you lost me.

    17. Re:Your best bet. by risk+one · · Score: 1

      The good news is you've won. The bad news is you'll have to share the prize with 500,000 other nerds.

      Have fun with your 20 bucks.

    18. Re:Your best bet. by Anonymous Coward · · Score: 0

      4, 8, 15, 16, 23, 42? Sorry, you lost me.

      Hehe, either a cleaver pun or a serious comment. It has to do with the TV show LOST. =P Since it's been over a year since I watched it, and I was a big fan of the first season (not so much anymore), those numbers where familiar but I couldn't place them. So, this is for the other newbs out there. =)

    19. Re:Your best bet. by It'sYerMam · · Score: 1

      2,7,18,28,1,8

      --
      im in ur .sig, writin ur memes.
    20. Re:Your best bet. by D4MO · · Score: 1

      Very nearly came up in the Irish Lottery. The numbers were 4, 8, 15, 16, 23, 24

      --

      Rocket science is easy. Neurosurgery, now *that's* difficult.
    21. Re:Your best bet. by TrixX · · Score: 1

      That points to an interesting question... Given that the winners share the prize, and assuming the lottery numbers are truly random, a good (or less bad) strategy would be picking a set of numbers unlikely to be chosen by other people. Given that lottery ticket numbers are picked by people, and that is _not_ a random process (humans are lousy at generating random numbers), there are probably "optimal" picks in the sens that it is less likely to share them with somebody else (while having the same slim chance of winning),

      Anybody knows about this? how would you pick your numbers (I guess real RNG would be quite fine, but I am guessing we can do better)

    22. Re:Your best bet. by iangoldby · · Score: 1

      Yes, numbers above 31 are said to be a good choice because many people pick numbers based on dates significant to them.

    23. Re:Your best bet. by archen · · Score: 1

      Speak for yourself dude. Grandma can heal and I can buy a new house. Now being stuck on an isolated island with a bunch of hot women? THAT'S priceless!

    24. Re:Your best bet. by MadUndergrad · · Score: 1

      1,1,2,3,5,8 ftw.

    25. Re:Your best bet. by Nazlfrag · · Score: 1

      It's 9,9,9,9,9,9 when discussing 42.

    26. Re:Your best bet. by SeePage87 · · Score: 1

      It was a clever pun. I thought of saying "you Lost me", but I thought that would have been too obvious. Given that I was modded down a point, I guess is wouldn't have been. Oh well.

  5. Conclusion: by wesborgmandvm · · Score: 2, Informative

    Interesting as these trends may be, they will not assist in making the odds of winning the MegaMillions lottery any better if the system is truly fair and random. However, in the event there is some peculiar factor skewing the ball selection such that any of these trends continue, a player stands a mildly better chance of winning a partial prize through the selection of weighted numbers.

    1. Re:Conclusion: by kestasjk · · Score: 1
      Just eyeballing the page:
      DistributionV1: Applying a least squares regression line to a clearly non-linear function. What's the correlation coefficient, I wonder?

      Difference_Analysis: This graph is really bizarre. Standard deviation is a positive value, a negative standard deviation makes no sense.

      Interesting as these trends may be No trends were found
      --
      // MD_Update(&m,buf,j);
    2. Re:Conclusion: by SillySlashdotName · · Score: 1

      Not addressed to your comment, just seemed to be a good place to butt in...

      I do not know how it is done in the MegaMillions lottery, but the PowerBall lottery is set up so that an analysis of the winning numbers is meaningless - as you are never given ALL the numbers or other information needed to make accurate decisions.

      From memory of an article I read, there are multiple sets of numbers (actual number of sets was not disclosed), but we have no way of knowing which set of numbers are going to be used any drawing, or which sets of numbers were used in any historical information.

      Also, there are multiple sets of 'test drawings' (again the number of test drawings was not disclosed) made with statistical analysis of THAT data (which is not made public) before the "official" drawing is made - and any statistical deviation means that set of balls will be destroyed and replaced - with the entire testing process that goes with it. (One reason for multiple sets of numbers...)

      To make any intelligent choice in numbers you would need a BUNCH more information than what the lottery commissions give out. ... if the system is truly fair and random.

      And the lottery commission has a vested interest in making the system as fair and ramdom as possible - they get their cut no matter if any one wins or not - exactly why there are still casinos!

      --
      Acts of massive stupidity are almost never covered by warranty. --me.
  6. So It's Pretty Darn Random Then? by eldavojohn · · Score: 5, Insightful
    How does the outcome of thousands of already drawn balls assure that same frequency will continue to occur?

    These differences aren't that compelling. To me I would say, "Congratulations, you have found some deviation from equal frequency for all balls. But this would happen in any instance of drawing these balls."

    I'm concerned that this has been an exercise in deviation in pseudo random systems. The same could be done with a computer simulation and similar results would be found.

    I hate to say it but this study points out to me that the lottery is actually pretty much as close to random as it could get. In fact, the summary of the paper states that if there were some event to skew this, then you could achieve a small bonus:

    However, in the event there is some peculiar factor skewing the ball selection such that any of these trends continue, a player stands a mildly better chance of winning a partial prize through the selection of weighted numbers. However this peculiar factor can not only be identified but if it exists, it is highly unlikely it is anything even remotely observable.
    --
    My work here is dung.
    1. Re:So It's Pretty Darn Random Then? by RealGrouchy · · Score: 1

      You're right, it looks like another instance of Gambler's Fallacy.

      The only way to know is to test the predictive capacity of his theory against a recognized, standardized control.

      If his theory is at least as good as a psychic at predicting lottery numbers, then we'll know he's onto something!

      - RG>

      --
      Hey pal, this isn't a pleasantforest, so don't waste my time with pleasantries!
    2. Re:So It's Pretty Darn Random Then? by Ungrounded+Lightning · · Score: 1

      It's one form of "the law of small numbers" - getting bogus results from using too small a sample.

      Taking a small number of unbiased samples of a truly random process will usually give you something that diverges from the expectation. The entire history of a state lottery constitutes a "small number of samples" for this purpose.

      (Of course the analysis has to take into account things like the time some crooks filled all the balls but the "6"es with water and bought a lot of "666" tickets. They had to go for a triple digit number because the three machines get deliberately swapped around and they had no way to control that process. That cheat was really obvious on the televised selection: They used far too much water. So all the balls rolled around the bottom of the machines while the 6es occasionally hopped when they came over the air jet until they eventually jumped into the output spot. B-) )

      --
      Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
    3. Re:So It's Pretty Darn Random Then? by Rolgar · · Score: 1

      The balls and machine used to select the numbers might not be perfect, and a certain machine with a select set of balls might be prone to sending certain numbers more often. If you can eliminate the numbers that never come up, you can significantly reduce the number of possible number combinations that it would take to win a jackpot.

      For instance, one Powerball ticket has a 1 in 146,107,962 chance of winning. If you could guarantee 10 numbers from the white balls for the PowerBall would not be selected, you could triple your chances of winning, and if you could eliminate 20, you would eliminate 90% of the winning combinations. You could then buy the remaining tickets, and end up with 10 times what you started with, $13 million, if your information was right, and the non-amortized value of the Powerball was worth about $130 million.

      I've been told some lotteries have multiple machines, so any information you might have on likeliness of numbers probably should be wiped out by the fact that different machines would have different tendencies.

    4. Re:So It's Pretty Darn Random Then? by daveywest · · Score: 1
      It's like the professional slot players in Nevada. They pick a bank of linked slots with a progressive jackpot. Once the tourists have pushed the jackpot beyond a certain point, they move in and monopolize the bank of machines 24 hours a day until they hit the jackpot.

      It's simple statistics to determine when the payout will justify the cost to win (food, time, living expenses).

      Slots differ from the lottery in that slots payback ~97% where a lottery pays back ~50%. The ROI doesn't work on a lottery.

    5. Re:So It's Pretty Darn Random Then? by Anonymous Coward · · Score: 0

      This is what I was coming here to say.

      I won about $1000 in various small prizes over a period of 3 months playing Powerball. I played the same set of 5 numbers twice a week for 12 weeks (total cost $120)

      I did some research and found out they were using exactly the same set of balls in the same machine for a period of three years. My theory was that although it looked random, it really wasn't. There were slight variations between all the different balls that would make them more or less likely to come up. I pulled up a spreadsheet of all the past drawings and which balls come up the most frequently. My five combinations were based on the 15 most frequent numbers.

      Shortly after this, they changed the odds in Powerball, used more different sets of balls, several different machines.

    6. Re:So It's Pretty Darn Random Then? by apeweek · · Score: 1

      Some lottery games display more bias than others. Tracking patterns and acting on them does make a difference. It's just that it won't make much of one. If I have a system to improve my odds playing the stock market by 10%, that makes a pretty big difference in my returns.

      A 10% better chance playing lotto, however, is hardly noticeable.

      Having said all that, here's one of my favorite pages from a lotto software site, where he demonstrates 'mixing errors' with playing cards: http://use4.com/Prove-it.html

    7. Re:So It's Pretty Darn Random Then? by B4D+BE4T · · Score: 1

      To me I would say, "Congratulations, you have found some deviation from equal frequency for all balls. But this would happen in any instance of drawing these balls."

      Do you often talk to yourself about balls?

      I kid, I kid!

    8. Re:So It's Pretty Darn Random Then? by SquirrelsUnite · · Score: 1

      There are actually good ways to tell if a random number generator is truly random or not. But this study was never meant to do that, it's just a collection of random (no pun intended) statistics. A disappointment really.

  7. Lottery vs. poker by darjen · · Score: 3, Interesting

    A single dollar in MegaMillions purchases a 1 in 175,711,536 chance of landing the jackpot ... a player stands a mildly better chance of winning a partial prize through the selection of weighted numbers.
    As an amateur poker player, I'd say I have a better chance of winning the world series of poker. There is absolutely no reason for the lottery to be the only form of legal gambling, while poker remains illegal. Other than the states want to maintain their monopoly on gambling. God forbid I should spend $30 on a tournament buy-in, while someone down the street buys 30 legal lottery tickets. Especially since I have a pretty good shot at making more than my $30 back.
    1. Re:Lottery vs. poker by wile_e_wonka · · Score: 2, Informative

      I think the reason is pretty obvious. The state keeps half the money people spend on lottery tickets (more than half according to another comment above--I don't actually know the exact percentage), whereas the private poker house doesn't give anything to the state. So yeah, you're right it's the states' desire to keep their stanglehold on gambling. Note that in Nevada, where gambling is legal, the stanglehold is just as strong. You didn't think the casinos kept all that money did you? Funny thing, it just goes to show how dumb it is to gamble--casinos rip people off of enough money to pay a huge chumk of it to the state and still have plenty left over to build build frilly over-the-top gold palaces and pay their executives millions.

    2. Re:Lottery vs. poker by Stoggie · · Score: 1

      maybe it's because people can fix deck/game easier when it's not controlled by the state.

    3. Re:Lottery vs. poker by darjen · · Score: 1

      You know it's funny... one of the arguments I've heard for legalizing gambling is that the state could then tax it. As if giving more money to politicians is a good thing. I'm not sure how much Nevada keeps from your winnings but I'm sure it's pretty damn high. My state of Ohio recently passed some laws cracking down on slot machines. Although they aren't exactly my thing, it's sad to see that we are actually moving even further away from freedom. The whole reason I play poker in the first place is because I feel I have an edge over the odds from reading people and only playing solid hands. Even if I lose, there is still entertainment value in hanging out with the guys (and girls) from work once a month. Much more people waste more money on I do on much more frivolous things.

    4. Re:Lottery vs. poker by Anonymous Coward · · Score: 0

      So why didn't some rich dude buy 300 million tickets to stand a really high chance of getting 370 million back?

    5. Re:Lottery vs. poker by PrescriptionWarning · · Score: 1

      because any _rational_ person who has 300 million dollars likely isn't dumb enough to waste it all when instead they can be living happily off of the interest, rather than going double or nothing.

    6. Re:Lottery vs. poker by rambag · · Score: 0

      Because you loose 40% of your winnings to taxes so he would net a lose of about 78 million.

    7. Re:Lottery vs. poker by infinii · · Score: 1

      Poker isn't illegal in the US. There are thousands of US players playing online still.

    8. Re:Lottery vs. poker by rambag · · Score: 0

      As an amateur poker player, I'd say I have a better chance of winning the world series of poker While true even if you do when your cost to winnings ratio is a lot worse so you should have a better chance of winning. Its $10k to play in the WSOP and what will next years payout be about 10 million. Is it just me or is a $1 "buy in" to 370 million payout a lot better? And just so we're clear I think gambling should be legal.
    9. Re:Lottery vs. poker by sumdumass · · Score: 1

      The lottery is basically a stupid tax. Most people who play it are on the lower side of the income scale and have other issues. It is really just a way to get tax revenue back from these people buy having them willfully pay into something billed at helping the schools or whatever. This is easier then raising their taxes or giving them less of a refund.

      paying poker in the other hand, seems to be more entertainment then anything else. It is more of a question of what makes the difference between a $30 by in and spending $30 on diner and the movies. But it really doesn't compare to a state lottery because there is no illusion that your helping the kids by funding schools, or that it is more ethical and legit because the state sanctions it.

      I'm not saying we should eliminate the lottery or refuse to accept money from social security checks to play it or anything of the sorts. It isn't good though, it tricks people into playing and gives them false hope in order to cover up the failings of society. However getting into something like this because you are doing it for entertainment verses your hope for your future does turn down a lot of the negatives.

    10. Re:Lottery vs. poker by autophile · · Score: 1

      There is absolutely no reason for the lottery to be the only form of legal gambling, while poker remains illegal.

      Actually, there's a very good reason. Half the money made in a lottery is given to the State. Your friendly poker tournament will probably be sponsored by a corporation which would pocket some of the money, while the State might get a small licensing fee -- nothing near the amounts made on casino taxes.

      --Rob

      --
      Towards the Singularity.
    11. Re:Lottery vs. poker by dotgain · · Score: 1
      Because you loose 40% of your winnings to taxes so he would net a lose of about 78 million.

      Perhaps one should hold on to their winnings more tightly

    12. Re:Lottery vs. poker by darjen · · Score: 1

      If it was up to Congress, it would be. They recently passed laws making it illegal to make credit card payments to gambling sites. I played heavily online (poker stars) for over a year until I got tired of it. I decided I enjoy playing in person much more. Try setting up an "in person" poker room business in the United States - very illegal, unless you are doing it for charity purposes.

    13. Re:Lottery vs. poker by darjen · · Score: 1

      I would much rather the money go to a corporation than the State. Corporations make their money from voluntary consumer purchases, while the State obviously doesn't...

    14. Re:Lottery vs. poker by Anonymous Coward · · Score: 0

      You forgot to take into account the number of people playing. You pay 1 dollar to get a 1 in 400 million chance at taking home 250 million. So on average you lose 50 cents with each ticket you buy. In poker your 10k buy into 10kk price is shared among 1000 people. The organization putting on the tournament makes money off TV comercials during the run time on world poker tournament, and from selling stuff. So your 10k buy in gets you a 1 in 1000 chance at winning 10 million. You'll still lose money after taxes, but maybe only 20 cents to the dollar instead of 50+.

      If you do the math, and assume about even skill in poker, you are *far* better off spending your money there. If you are above average skill you might actually expect to *make* money. Of course if you're below average you'd pretty much expect to lose everything.

    15. Re:Lottery vs. poker by Anonymous Coward · · Score: 0

      There's very little point in fixing a deck for poker. Cards are shuffled and dealt by the croupier (or computer in online poker), and the players play against each other. The house takes a cut on the winnings of each hand or from the tournament buy-in. It doesn't matter to the house who wins or loses, merely that people win.

      The only way the house could increase its profit by fixing games would be if they had people playing and rigged it for them to win. This would be very noticeable to skilled players, so would be caught out pretty quickly.

    16. Re:Lottery vs. poker by davper · · Score: 1

      $13.50...That is the amount the state would loose by legalizing other forms of gambling, using your $30 example. States get about half of the lottery and they would only get about 10%, if they allowed poker. 10% is my estimate.

    17. Re:Lottery vs. poker by Anonymous Coward · · Score: 0

      With a lottery, there is only one (lottery) organization per state trying to scam "optimists" out of their money. With legalized poker, we'd have thousands of people trying to get the stupid people's money. It's really a way for our society to be nice to the stupid or high-risk-tolerance people that you are hoping to win money from. Ever heard of playing poker for fun?

      If you just want to play poker for money with your close friends, frankly you can do that today and the cops will never hear about you. But poker players, even libertarian ones, looking to win money from suckers don't get any sympathy from me. Frankly, its way easier, under 'poker legalization' for someone (not you of course) to make poker money by cheating than by playing smartly. We'll end up with a society that rewards more cheaters and guys who can play smart poker (and gambling houses that take the rake), and penalizing stupid people and suckers. And this will be a net gain for our society? I doubt the value of having smarter poker players in our midst will help it.

      People are suckered out of their money all the time with advertising too, but at least the net result to society is sufficient incentives to generate a higher material standard of living.

      Everyone chafes at being told what to (not) do; I hear ya. I just don't think the world you propose is a better one.

  8. Misleading summary by InvisblePinkUnicorn · · Score: 1

    I think the submitter purposely wrote the summary to mislead. It is clear from their conclusions that they haven't done anything that is being claimed in the summary; they only suggest in the end that if there were some sort of advantage in selecting certain balls, someone could take advantage of that (seems obvious).

  9. Interesting, but... by MikeyTheK · · Score: 1

    This assumes that no changes are made drawing over drawing. How would you be aware that such changes are made? For instance, what if a fan, stirrer, or the balls are switched out, as one can suppose does happen. As you are not aware of these changes, you are back where you started from. This also supposes that the auditors that are supposed to ensure that the results are random aren't doing their jobs by performing rigorous testing. In that way, the lottery commission is opening it up to lawsuits by players alleging that the game is not fair. So while the research is interesting, it would be extremely difficult to actually use it in the real world, especially now that the work is public, which means that the behavior of the lottery is likely to change as a result.

    --
    Friends help you move. Real friends help you move bodies.
    Never forget: 2 + 2 = 5 for extremely large values of 2.
    1. Re:Interesting, but... by netsphinx · · Score: 1

      This assumes that no changes are made drawing over drawing.

      Very true...but on top of that:

      Supposing that the system were, in fact, perfectly random, and involved such enormous odds as it is meant to, does the amount of data collected in the years since the game's creation constitute a large enough sample to show real trends? If the "trends" aren't real trends, but just pattern-finding in a proportionally small data set, one ought to expect an eventual regression to the mean here. In other words, if nothing does change, one would predict that (over a long period of time) the number frequency would even out--low-frequency balls turning up more often, and high-frequency balls turning up less often--even though one couldn't predict when a particular ball would have a hot streak or a dry spell.

      Putting it into perspective, you may have to run even a binary probability test for a long, long sample to see the peaks and valleys smooth out.(It takes a lot of coin flips coming up "heads" to figure out whether you're Rosencranz or Guildenstern.)

  10. Sorta related question. by Xoltri · · Score: 1

    I have always wondered one thing about draws. Say you have a 50/50 type draw where you can enter as many times as you like. If you buy 2 tickets are your chances actually twice as great as if you just bought one? Or if you buy 100 tickets do you have a 100 times greater chance of winning?

    --
    -Xoltri
    1. Re:Sorta related question. by Inmatarian · · Score: 1

      The chances depend on the desired outcome. The chance of any individual ticket hitting the win is still 50/50. The chance of having a win on either ticket can be demonstrated by this table of outcomes:

      Win Win
      Win Lose
      Lose Win
      Lose Lose

      So, yes, you have a better chance of winning once with two tickets, assuming the odds are still 50/50.

    2. Re:Sorta related question. by exploder · · Score: 1, Informative

      For this problem, you think about your chances of not winning:

      One ticket: chance of not winning = 1/2
      Two tickets: chance of not winning = (1/2)^2 = 1/4
      N tickets: chance of not winning = (1/2)^N

      So, even with 100 tickets, you still have a (1/2)^100, or about a one in a thousand billion billion billion, chance to still not win.

      --
      Yo dawg, I heard you like the Ackermann function, so OH GOD OH GOD OH GOD
    3. Re:Sorta related question. by Loether · · Score: 1

      Assuming you choose different numbers for each ticket, your odds of winning would go up however your odds of losing go up at the same level. Take your 50/50 example. You buy 1 ticket you have an equal chance to win and lose. you buy 2 tickets you have a 100% to win one and 100% to lose one. still 50/50 odds. In other words buy 1 ticket or 2 each have the same odds. The real question you should ask yourself is how much voluntary tax do you want to pay? I pay enough in tax's, therefore I don't pay extra to the lotto.

      --
      TODO create witty sig.
    4. Re:Sorta related question. by loserMcloser · · Score: 1

      Ticket draws are different than lotteries. With lotteries the number of possible winning numbers is fixed, so buying more tickets (with different numbers) increases the size of the numerator while the denomenator remains fixed, so playing two sets of numbers truly gives you twice the odds of winning. With ticket draws, every ticket you buy increases not only the tickets you hold but also increases the total number of tickets in the drum to be drawn from, so your increase in odds is not just a multiple.

      For example, suppose there is a draw where 99 tickets have already been sold. You buy one ticket, so now there are 100 tickets sold and you have a 1/100 chance of winning. You buy another ticket (before anyone else does), so now you hold two tickets out of the 101 tickets sold, so your chances are now 2/101, which is *slightly* less than twice your chances with just the one ticket.

    5. Re:Sorta related question. by geekoid · · Score: 1

      Yes, assuming each ticket has a different number.

      if you have 1,2,3,4,5,6,7,8,9,10 and the drawing will be for one of those numbers.

      If you buy 1 number, you chance are 1 in 10
      2 number 2 in 10.
      .
      .
      .
      10 different numbers, 10/10

      Now the lottery has gotten to an amount where if you bought every possible combination, you would of course win, and make money, but:
      You would have only made money if only you won, and more importantly, you can not get the machines to produce that many selection in the time between drawings... and you would need millions of dollars.

      I am waiting for them to go online, Then I will automate the buying process, and submit just before the drawing. That way the drawing will happen before my account is checked!
      genius I tells you!

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    6. Re:Sorta related question. by geekoid · · Score: 1

      That's not the real question, that is just you whining. Christ, the discussion is about math and numbers not taxes.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    7. Re:Sorta related question. by bpjk · · Score: 1
      Well, let's use basic counting (and assume the drawings are all independent) and that the outcomes of each drawig is a "Heads" or "Tails"

      If you play once, there are only two possible outcomes: it's either Heads or it's Tails. You picked one when playing (say you picked Heads). Of all possible outcomes (two), your choice (or ticket) is one of them, so you a one to two chance of winning (or 1/2 which is 50%).

      Now take playing twice. The possible outcomes are:

      • Heads for the first draw, Heads for the second
      • Heads for the first draw, Tails for the second
      • Tails for the first draw, Heads for the second
      • Tails for the first draw, Tails for the second

      So, there are four possible outcomes. Now let's say you chose Heads for the first and Heads for the second drawing. What are you chances of winning *something*?

      To win something, one of the two or both drawings must score. You have Heads+Heads. Of all the outcomes, this gives you a win for possible outcomes 1, 2 and 3 as they have a Heads in there, so that's 3 out of 4 or 75%. So, playing twice, you have a 75% chance of winning something. This is obviously not twice as much as 50%, so the answer to your question is "No".

      Notes:

      • As you play more often, the chance keeps getting closer to 100%, but it will never reach 100%
      • Even if you have a 99% of winning something, that doesn't mean you *will* win something
      • The chances of winning multiple times decrease rapidly: in the example above, the chances of winning both drawings is 25% (only one of the possibilities out of four), so as you play more often, the chances of getting back your accumulated investment decrrease rapidly as well (assuming it costs you something to play)
      • This method still works when drawings are not independent but counting possible outcomes becomes more complex
      • There are fairly easy methods of computing all of this quickly using factorials and combinatorics and such. Google for it.
    8. Re:Sorta related question. by Loether · · Score: 1

      Spoken like a true lotto player! Good luck to sir. Remember play early play often. Every dollar you spend is .5 I don't have to.

      --
      TODO create witty sig.
    9. Re:Sorta related question. by Wannabe+Code+Monkey · · Score: 1

      Assuming you choose different numbers for each ticket, your odds of winning would go up however your odds of losing go up at the same level. Take your 50/50 example. You buy 1 ticket you have an equal chance to win and lose. you buy 2 tickets you have a 100% to win one and 100% to lose one. still 50/50 odds. In other words buy 1 ticket or 2 each have the same odds. The real question you should ask yourself is how much voluntary tax do you want to pay? I pay enough in tax's, therefore I don't pay extra to the lotto.

      Wow, you really don't understand math. Don't worry about it though, the other two replies to this 50/50 drawing question don't understand the situation either. A 50/50 drawing isn't a drawing where you have a 50% chance of winning, it means that of all the money collected for the drawing 50% goes to the winner, and 50% goes to the person holding the drawing.

      If an organization holds one of these drawings and sells 100 tickets for $1 a ticket and doesn't take any cut (all the winnings go to the winner). Then a ticket holder has a 1 in 100 chance of winning. If a person played all the time under these conditions then you could expect them to win about 1 out of every 100 times they played. Since the winnings are $100, over time this person would come out even. If say this person had actually been buying 2 tickets, his chances of winning would be 2 in 100, but he had to spend $2 to do so. Over 100 drawings he'll have spent $200 dollars and probably won about twice which would get him $200; still even.

      Now if this organization holds a 50/50 drawing and you buy a single ticket each time you'll spend $100 over 100 drawings and will probably win once for $50. Over the long haul under these conditions, you'll lose half the money you spend on tickets. If you buy two tickets to each drawing under these conditions, you'll spend $200 over 100 drawings and will probably win twice for $100. Still half your money gone.

      In 50/50 drawings, buying extra tickets does increase your odds of winning, but you have to spend proportionally more money to do so, negating the increased odds of winning.

      Also, in a 50/50 drawing only one person can win, and one person is guaranteed to win. In a lottery, this isn't true, the numbers are independent multiple people can pick the winning number, and it's also possible for no one to pick the winning number. I don't know how the odds would change for buying multiple tickets in this scenario.

      --
      We always knew Comcast was corrupt, here's the proof: http://tech.slashdot.org/comments.pl?sid=1909890&cid=34545432
    10. Re:Sorta related question. by dmatos · · Score: 1

      As noted in other comments on this thread, that's not how 50/50 draws work. The 50/50 actually refers to how much of the takings are paid out, and how much are kept. In a 50/50 draw, 50% of the total sales is given to the draw winner, and the other 50% is kept by the person holding the draw. If 100 people each buy one ticket in a 50/50 draw for $1 each, each person have a 1/100 chance of winning $50, and the person organizing the draw walks away with the other $50.

      So, buying more tickets in a 50/50 draw does increase your odds of winning, proportional to your investment:

      1/100 * $50.00 = $0.50 expected payout for $1 investment
      2/101 * $50.50 = $1.00 expected payout for $2 investment
      3/102 * $51.00 = $1.50 expected payout for 43 investment
      etc. etc. etc.

      --

      It may look like I'm doing nothing, but I'm actively waiting for my problems to go away.
      --Scott Adams
    11. Re:Sorta related question. by Loether · · Score: 1

      Yeah I should have paid closer attention to the GP I was originally responding to. I was trying to answer a question which upon reading it again he didn't really ask. So my answer doesn't make sense. You did give a great explanation of how the lotto really works. I was simply trying to point out that your not better off by trying to buy more tickets. So I used the simplest example I could think of, a coin flip.

      --
      TODO create witty sig.
    12. Re:Sorta related question. by exploder · · Score: 1

      I wasn't familiar with the "50/50 draw", and I interpreted it as a description of a hypothetical situation, rather than the name of a real one.

      My bad!

      --
      Yo dawg, I heard you like the Ackermann function, so OH GOD OH GOD OH GOD
    13. Re:Sorta related question. by Rary · · Score: 1

      "So, buying more tickets in a 50/50 draw does increase your odds of winning, proportional to your investment"

      That's assuming no one else does the same.

      If I buy one ticket in a draw where only a handful of other people buy tickets, I have a far better chance of winning than if you buy 100 tickets in a draw where thousands of other people also buy tickets.

      Basically, it's not how many tickets you buy that matters, it's how few tickets everyone else buys.

      Of course, in terms of mathematical expectation, by definition it's still a losing bet no matter how many tickets you buy.

      --

      "You cannot simultaneously prevent and prepare for war." -- Albert Einstein

    14. Re:Sorta related question. by Lulfas · · Score: 1

      The way it works is kind of odd. Each ticket stands on it's own as a 50/50 chance. So, each ticket is considered seperatly, such that if one ticket loses, the next ticket does not have a "better" chance to win. However, for you the player, you're increasing your odds of winning in general by buying more tickets. The trick to figuring this out is looking at your chances of LOSING. I know, sounds dumb. But you have a 50% chance of winning or losing per ticket, right? So that's .5 chance. Now, your chance of losing twice in a row is .5 * .5, or .25. Which means your chance of winning at least once between your two tickets is .75, or 75%. If three tickets, it becomes .5 * .5 * .5, and so on.

    15. Re:Sorta related question. by sumdumass · · Score: 1

      I believe the term 50/50 in drawings go more to how the payout is divided. 50% goes to the payout and 50% goes to whatever function or charity is having the drawing. So if they collected 1000 in ticket sales, the pot would be $500 and the other $500 would benefit whoever is doing the drawing or the charity they are claiming it represents.

  11. How about ANY random numbers? by A+nonymous+Coward · · Score: 1

    I wonder how much ANY random set of numbers would show patterns if one tried hard enough to find them.

    1. Re:How about ANY random numbers? by AmigaHeretic · · Score: 2, Interesting

      I wonder how much ANY person would see ghosts if one tried hard enough to find them at the Waverly Hills Sanatorium?

    2. Re:How about ANY random numbers? by cthulu_mt · · Score: 1

      Chances of getting me to spend a night there...approaching zero.

      --
      Virginia is for lovers. EVE is for griefers.
    3. Re:How about ANY random numbers? by AndersOSU · · Score: 1

      Well it depends, are they spending 6 of the dullest hours on TV there, all the while pimping another crappy event on the network that no one wants to watch?

      Also, do they have an EMF detector?

    4. Re:How about ANY random numbers? by myowntrueself · · Score: 2, Interesting

      Its not too hard.

      One method is to take each pair in the sequence as coordinates in a plane and plot them.

      Eg, you have a dripping tap. You take the time between drips as your number. Then two successive intervals get plotted on a plane and you can start finding a resulting pattern.

      I once did this with pseudo-random number generators as provided with various libraries.

      The results were interesting.

      Each different PRNG would produce a distinct pattern and the same pattern every single time regardless of whether you initiated with a different seed value. Its like a fingerprint; you look at the resulting pattern and you can say which PRNG produced it.

      This was in the '90s and the Borland 'turbo pascal' PRNG produced a pattern that looked a LOT like a space-shuttle :)

      --
      In the free world the media isn't government run; the government is media run.
  12. Fl. lottery... by i.r.id10t · · Score: 2, Interesting

    Fl. Lottery used to print which machine would be used for a particular drawing, and old drawing numbers - with machine that was used - in a nice column format (probably real easy to rip out of a web page, etc).

    Now I'm not a math guy, but I *know* that all 50whatever balls aren't identical. Should there be some (very) slight preference for a particular ball, or set of balls, over a series of draws over time? I seem to remember an article in a Dragon magazine about dice and using math to find out if yours had a preference for a particular number...

    --
    Don't blame me, I voted for Kodos
    1. Re:Fl. lottery... by greg1104 · · Score: 1

      I seem to remember an article in a Dragon magazine about dice and using math to find out if yours had a preference for a particular number...

      That's "Be thy die ill-wrought?" in Dragon 78; it's also in the collection "The Dragon Compendium, Volume 1". The article talks about using the chi-square test in order to quantify your dice rolls. A similar article that pushes all the math to your computer is at Are my dice random?.

    2. Re:Fl. lottery... by RealGrouchy · · Score: 1

      Should there be some (very) slight preference for a particular ball, or set of balls, over a series of draws over time? So you can have a one in 990,000 chance instead of a one in a million chance?

      - RG>
      --
      Hey pal, this isn't a pleasantforest, so don't waste my time with pleasantries!
    3. Re:Fl. lottery... by Danny+Rathjens · · Score: 1

      In Florida, you are 4 times more likely to be struck by lightning than to win the lottery. ;) (80-ish people hit by lightning per year. 20-ish lottery winners per year)

      The lottery is a tax on people that are bad at math.

    4. Re:Fl. lottery... by Anonymous Coward · · Score: 0

      Reminds me of a joke.....a priest prays to God "Please Lord, let me win the lottery this week, and I will donate all of the money to the orphanage." The next week, he prays again, and the week after that..."Lord, I am not a greedy man. If you let me win the lottery this week, I will donate all of the money to the soup kitchen." This goes on for many years, each week the priest praying "Lord, if you let me win the lottery this week, I will donate all of the money to the library." After never winning the lottery, the priest dies. When he arrives in Heaven, he asks God, "Why Lord, did you never let me win the lottery, when I was only going to use the money for good?" The Lord smiled wearily and said, "Well, at least once, just once, you could have met me half-way and bought a ticket!"

    5. Re:Fl. lottery... by Anonymous Coward · · Score: 0

      a long time ago I used to work as an external auditor for one of the state lotteries. they had multiple identical ball sets and multiple identical machines. The ball set and machine that are used on any given night are randomly chosen before the draw. They also weigh the each individual ball periodically to make sure they are within very tight specifications - if not, the whole set is rejected. I'm not sure how Mega Millions does it but it's probably similar.

      Even if one machine or one set of balls has a bias toward certain results, they are getting switched out with a different combination of ballset/machine almost every draw. (assuming mega millions works the same way as the one I used to audit)

    6. Re:Fl. lottery... by greyhueofdoubt · · Score: 1

      See, the problem I have with the approach to weighted numbers is that one player cannot really increase his odds of winning enough to break even. I mean, let's say that knowing the odds of weighted numbers could conceivably help you raise your odds from 1 in 1,270,984 to 1 in 1,270,971. You would still go broke waiting to win big. And if everyone played just the weighted numbers, there would still only be an infinitesimally small increase in winners (and they would earn slightly less as a result). This, too, does not favor the individual gambler.

      I'm saying that even WITH the weighted numbers, the outcome is still random enough to make for terrible odds.

      -b

      --
      No offense, but I've stopped responding to AC's.
    7. Re:Fl. lottery... by mollymoo · · Score: 1

      I'm good at maths and I still play the lottery sometimes. A potential £75m payout with 75m:1 odds and a £1.50 ticket price (a big EuroMillions rollover; about the only time I play) may not seem like a good deal, but I figure the odds of my accumulating £75m by any other means are even closer to zero than 1/75m, which shifts the balance somewhat. Oh, and I do use the only viable tactic for maximising the potential payout (as distinct from the odds of winning) - picking numbers other people less unlikely to pick. The real meaty statistics on lottery numbers would be data on the numbers people picked.

      --
      Chernobyl 'not a wildlife haven' - BBC News
  13. Power Point by AmigaHeretic · · Score: 1

    I prefer my bad math in Power Point format.... err I guess it's Preso now.

    Oh wait, just kidding...Keynotes the winner!!

    1. Re:Power Point by sm62704 · · Score: 1

      I prefer my bad math in Excel spreadsheets

      -mcgrew

      --
      mcgrew's razor: Never attribute to stupidity that which can be explained by greedy self-interest
  14. Lottery Equation??? by madhatter256 · · Score: 1

    So, where's the equation? I need to know so that I have a chance at winning my state's lottery. I'm a poor college student!

    Closest I got to winning the lotto jackpot here was with 4 numbers, out of 6.

    --
    Previewing comments are for sissies!
    1. Re:Lottery Equation??? by BlackSnake112 · · Score: 1

      I have have gotten all 6 numbers including the power ball/mega ball number 4 times.

      Problem was three number were on one line and three were on the next line. I wish I could use cut and paste on my lottery tickets.

  15. yes, indeed there *Are* patterns (and not) by Ancient_Hacker · · Score: 5, Insightful
    Yes, you will see patterns.

    And if you look up in the night sky, you'll see an archer, a bull, a big and a small dipper.

    What's your point?

  16. The author of... by MuscaDomestica · · Score: 0

    So that is the author of the Book "Winning Lottery Numbers" as seen on the Simpsons!

  17. You can't lose if you don't play by sm62704 · · Score: 5, Insightful

    One of the slogans for the Illinois lottery used to be "you can't win if you don't play", but I figured every time I didn't play, I won $1. Its both stupid and ironic that many of the same people bitching about taxes pay this voluntary tax!

    At the astronomical odds against winning, I figure my chances of finding a winning ticket on the ground are only marginally worse than my chances of buying a winning ticket. So rather than give extra money to the government so it will be funnelled to politically connected rich people, I just watch the ground.

    -mcgrew

    --
    mcgrew's razor: Never attribute to stupidity that which can be explained by greedy self-interest
    1. Re:You can't lose if you don't play by zerocool^ · · Score: 5, Interesting



      One of the slogans for the Illinois lottery used to be "you can't win if you don't play", but I figured every time I didn't play, I won $1. Its both stupid and ironic that many of the same people bitching about taxes pay this voluntary tax!

      At the astronomical odds against winning, I figure my chances of finding a winning ticket on the ground are only marginally worse than my chances of buying a winning ticket. So rather than give extra money to the government so it will be funnelled to politically connected rich people, I just watch the ground.


      I play the Mega Millions every time the numbers are drawn. We have a standing office pool with 4 of us, and we play 4 numbers every time the balls are dropped, the same 4 sets of numbers each time.

      What have we won? Well, one time we won $150. But aside from that, we know that the lotto money goes into the public school system. So, in effect, I'm donating $8 - $9 minus administrative fees to the school system every month.

      I'm ok with that.

      And on the off chance that I ever win the lotto, none of you will ever hear from my fat ass again.

      ~Wx

      --
      sig?
    2. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      > Its both stupid and ironic that many of the same people bitching about taxes pay this voluntary tax!

      I DEMAND PROOF OF THIS ASSERTION!!!!

    3. Re:You can't lose if you don't play by Peter+La+Casse · · Score: 1

      Its both stupid and ironic that many of the same people bitching about taxes pay this voluntary tax!

      Why is that stupid and ironic? Lots of things become unacceptable when you make them involuntary.

    4. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0


        Nicely put. Seeya tomorrow fatass.

    5. Re:You can't lose if you don't play by Surt · · Score: 1

      Those administrative fees are typically huge (in excess of 30% in most state lotteries, not factoring in the take for the prizes of ~50%). You might feel even better donating a dollar every other week, and playing the lottery on the alternate weeks.

      Plus, come on, if you win the lotto, surely you'll come rub it in our faces at least once before you go!

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    6. Re:You can't lose if you don't play by wiggles · · Score: 5, Insightful

      Umm, the money doesn't go into the public school fund, it goes into the general fund. They only tell you it goes into the school fund. What really happens is, for ever dollar the lottery collects, they put that dollar into the school fund, which means they don't have to allocate that dollar to the school system from the general fund. In the end, the schools don't get any more money, it's just more money the state legislators have to spend on pork barrel projects.

    7. Re:You can't lose if you don't play by That's+Unpossible! · · Score: 1

      Its both stupid and ironic that many of the same people bitching about taxes pay this voluntary tax!

      1. It's definitely not ironic.
      2. Most people prefer voluntary over involuntary.
      3. In both cases I'm flushing my money down the toilet -- but in one case, at least there's a chance something good will come from it.
      4. If I bought a ticket every megamillions drawing, I'd be spending $104/year. Compare this to my tax bill, and you may understand why I bitch about taxes and not lottery.

      (Special note: I only play the lottery about 10 times a year.)

      --
      Ironically, the word ironically is often used incorrectly.
    8. Re:You can't lose if you don't play by jagdish · · Score: 1

      Exactly. If you are feeling philanthropic, just donate some money DIRECTLY to the school. "I am indirectly donating money to public schools" sounds like a weak attempt at rationalizing your gambling habits.

    9. Re:You can't lose if you don't play by jgoemat · · Score: 1

      At the astronomical odds against winning, I figure my chances of finding a winning ticket on the ground are only marginally worse than my chances of buying a winning ticket.

      Strangely enough, it would seem that your chances of finding a winning ticket on the ground are nearly infinitely better than your chances of buying a winning ticket since you don't play.

    10. Re:You can't lose if you don't play by quokkapox · · Score: 2

      Why not just contribute some time and/or money to your local public school system, and leave out the contributions to sustain a socially detrimental government program (legalized gambling)?

      --
      it's a blue bright blue Saturday hey hey
    11. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      Ahh, but there's where you are wrong!

      The money from the lottery in Illinois goes to the school budget and equal amount of money in the schools budget is removed and put into the general fund.

      For example, if the school system budget per year is $100M, and they make $50M off the lottery, the schools don't suddenly have $150M to spend. They still only have $100M since the government takes $50M of their original budget away and uses it for other things...

      Sure would be nice if the schools DID get the $150M

    12. Re:You can't lose if you don't play by Phat_Tony · · Score: 4, Interesting

      Mod parent up. This is a common misunderstanding, or perhaps I should call it a government lie. It's Enron accounting.

      They try to encourage people to play the lottery by telling them the money all goes to schools. So they direct the whole of lottery income to the schools, on paper. But the school budget is planned in budget meetings, and the ammount the lottery brings in has no effect on school budgets. For every extra dollar brought in by the lottery, that's one less dollar of general fund money that goes to the schools, and one more dollar of total money in the government's general fund.

      They can write out the accounting anyway they like to and say, "see, these dollars went here," but dollars are fungible. At the end of the day, the acid test to see if it means anything to say "lottery money goes to schools" is to see what the marginal effect on school funding is of purchasing lottery tickets. That effect is 0.

      --
      Can anyone tell me how to set my sig on Slashdot?
    13. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      If you think that's ironic, then you don't understand why people don't like taxes.

    14. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      Except one last post along the lines of:

      WHOOOOOOOOOO!!!11!!!!! I'M F**KING RICH YOU MOHTEFU*#*#*11!!!!!

    15. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      What you don't realize is that the administrative fees exceed the donation in most public schools.

    16. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      This may sound off-topic at first, but if the point is to win, there are consequences to good fortune. Permit me to indulge:

      Let's get this straight. Only illegal immigrants and UFO frequented trailer park trash win life-impacting lotteries. Any such person will have to go every two weeks to those executive health death-cheating clinics. Why? Good forture like this is a fatal disease magnet.

      Then, if not by disease then by violence one must die, so one must reclude oneself from all sorts of hazards. "Pity pity, that recent lottery winner became nothing more than a drunk driver magnet" is a boilerplate statment that seems to follow. brand new cars bought by a lottery winners should not have crashed because the tie rods were not properly manufactured or installed and such was the first to find out. Good fortune is a tragedy magnet in general.

      All sorts of miscreants and family members will materialize from nowhere looking for a handout. There will be lines outside one's home of people faking all sorts of accidents in hopes to successfully extort. These are the sorts who will clamor for IRS audits. Then come the local mobsters for shakedowns and conspiracies of people accusing such of child molestation, whatever it takes to successfully ruin such individuals.

      Above all, if one is the sort that is constitutionally eligible to serve in the Oval Office, it is not his/her place to win. His/her place is to work hard, earn those wages, pay those taxes and to keep his/her mouths shut. It is just compensation. Paybacks are a [female canine].

      Downmodding proves veracity beyond any reasonable doubt.

    17. Re:You can't lose if you don't play by AK+Marc · · Score: 2

      But aside from that, we know that the lotto money goes into the public school system.

      For every dollar that goes to the schools from the lottery, they take a dollar away from the general fund. More lottery income does not increase school funding. The school budget is set, and the funds are paid, it's just the buckets change. That last $ you put in went to the governor's dog's food dish, not to the schools.

    18. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      I figure buying 1 ticket takes my odds from 1 in infinity to about 1 in 200,000,000. That's huge! Now, buying the second ticket only takes you from 1 in 200,000,000 to 1 in 100,000,000. So buying the first ticket is the big payoff in odds.

    19. Re:You can't lose if you don't play by R2.0 · · Score: 2, Insightful

      "perhaps I should call it a government lie. It's Enron accounting."

      Right on the Gov't, wrong on Enron. It's Social Security accounting.

      1) pay money into the general fund, but allocate it to a "fund" that only exists on paper
      2) Loan the money from the phantom fund to the general fund - i.e. to itself
      3) the general fund pays interest to the phantom fund - i.e. to itself
      4) when the phantom fund goes negative, pay the principal back from the general fund - i.e. to itself
      5) ?
      6) Lockbox! Err, wait...Profit! No...errr...how does this work again?

      --
      "As God is my witness, I thought turkeys could fly." A. Carlson
    20. Re:You can't lose if you don't play by Phat_Tony · · Score: 1

      You're right that Social Security works the same way- the "Social Security Surplus" is a bunch of IOU notes the government wrote to itself. But Enron was the same thing. While racking up tremendous losses, they used off-book entities that were mostly owned by Enron's CFO Andy Fastow, such as the "Raptors," where Enron's massive losses magically disappeared, transferred to the Raptors. So the Raptors were way in the red, right? What idiot investors would take all this debt off Enron's hands? Well, the Raptors were well funded in compensation for taking all this debt. Where did this money for the Raptors come from? They were funded with Enron stock.

      It's been a while since I read "Conspiracy of Fools," so I may have some details wrong, but Enron was hemorrhaging money while reporting huge profits by waving their magic accounting wand. Just like Social Security, their money existed in the form of IOU's to themselves, once you finished deconstructing all the ridiculous accounting.

      --
      Can anyone tell me how to set my sig on Slashdot?
    21. Re:You can't lose if you don't play by Anonymous Coward · · Score: 0

      Check your tax return. Making a cash donation means 100% of the money goes to your intended recipient, and it's tax deductible so you get a considerable discount on the donation. Money being fungible, your donatation effectively took that money away from the legislature's control at large and re-directed it where you think it should go. Colorado's yield from the lottery is less than 33% of sales (pdf warning, 2003 balance sheet is on page 25).

      Staying with the Colorado example. For every dollar spent on lotto tickets, the expected payout is 50 cents, less 15 cents income tax due on the winnings (assuming 25% marginal tax rate to the IRS and 5% flat tax to the state; your tax rates may vary depending on where you live and where you buy the lotto tickets). You expect to pay 65 cents net to deliver less than 33 cents to the intended recipient, about 50% of what you spend.

      Instead of buying a lotto ticket, why not make a cash donation? For every dollar you donate, the recipient gets the entire $1--three times more than a dollar spent on lotto. Your donation is tax deductible, so that same 30% tax rate means your net cost is only 70 cents. The recipient gets more than 140% of your net expenditure. Yes, donations are more than four times as effective as lotto games for funding eductaion.

      Besides, you are more likely to die in a traffic accident driving to the store to buy a ticket than to win the grand prize.

      "The only way to wwin--is not to play!",/i>

    22. Re:You can't lose if you don't play by thogard · · Score: 1

      "you can't win if you don't play"...
      The news papers continue to disprove that since there are frequent winners who never bought a ticket but somehow ended up with one in their possession. I suspect the odds of winning if you don't play aren't that much worse than the odds of winning if you do buy the ticket and the odds of having any prize money left after a decade is better if you don't play based on the bankruptcy rate of winners.

    23. Re:You can't lose if you don't play by ivan256 · · Score: 1

      Not only that, but the "school fund" is used for more than education. Depending on where you live it may be used for things like overpaying the superintendent's favorite lawn service, unneeded additional administrative assistants, high-salary board of education staff, etc...

      No matter where you live inside the US it is definitely used for things like organized sports disproportionately to things like arts or even books.

      Giving the schools more money doesn't mean you are giving your kids a better education. It might mean that... But it sounds like you didn't even check. You're just happy to open your wallet because the fund's name has "school" in it.

    24. Re:You can't lose if you don't play by DavidHumus · · Score: 1

      I have an even better system: I don't play 10 tickets every week so I win $10.

      Someone I told this to asked how I'd feel if one of the numbers I didn't play was the winner. I have that all figured out. Every week, I pick 10 sets of numbers but I don't look at them.

    25. Re:You can't lose if you don't play by ArsenneLupin · · Score: 1
      But what if suddenly so many people played the lottery that the money raised would exceed the pre-planned budget? Then they would pretty much need to raise it, wouldn't they?

      Btw, the same issue exists with charities, and it bit Doctors Without Borders a couple of years when the Tsunami stroke. They received so many donations earmarked "Tsunami" that they couldn't use it all for the stated purpose. However, unlike the Red Cross after 911, they didn't silently re-allocate it, but contacted the donors for permission to use it for different purpose (still charitable purposes, of course...)

  18. Transmeta by AmigaHeretic · · Score: 1

    I'm broke and I got all 6 numbers out of 6.

    I invested in http://www.transmeta.com/ :(

  19. from TFA reference Note #1 by Anonymous Coward · · Score: 0

    also at: http://www.uncoveror.com/lottery.htm

    --

    THE LOTTERY IS RIGGED

    You may have heard that you are more likely to be hit on the head by a meteorite than to win the lottery. This is certainly so. Assuming that the game is honest, the odds are roughly one in several hundred million. Even with these odds, lottery commissions are not satisfied. The lottery is rigged.

      The giant multi-state and individual state lotteries are more fixed than pro wrestling. The jackpots go up and up, with no winners. People get lottery fever. Millions nationwide are willing to wait in a line just like the ones for bread in the former Soviet Union for the pipe dream of striking it rich. The rigging works like this: super computers keep track of each combination sold, and then the ping-pong balls are weighted to assure that a losing combination comes up. On rare occasions, all possible combinations are sold, and they must let someone win. Only then is the game honest.

    Why? The lottery, which is a state-run version of the Mafia's numbers racket, is a great money grab scam, as long as it brings in more than it pays out. In the past, lotteries were abolished because they lost money.

    The worst part of this is whom it hurts. The poor and desperate are the most common victims of lottery fever. Children go hungry and senior citizens go without their medication because of it. People prone to gambling addiction also blow huge sums.

    We spoke with an employee at a state lottery agency. We can not reveal his name or even which state, as some of the same gangsters who ran the numbers racket now run the lottery, and they would kill him.

    "Yes, I personally am involved in it. Lottery ping-pong balls have a small valve, like a basketball or soccer ball, only it's very tiny, and nearly invisible. We use a hypodermic needle to inject heavier-than-air gasses such as radon into the balls we don't want to come up. At first, we tried helium in the ones we did want to rise, but they jumped up so quickly that it was obvious. Lotteries are raking in much more than if the games were honest, and people don't know they have literally no chance!"

    "If you think about it logically, you certainly don't play anyway. You are betting that you can predict which six of 45 or more balls are going to come out of the hopper. In some games, the order even matters! It's a sucker's bet, and that's when it's honest! Most drawings are rigged, making the odds zero in infinity! The lottery is not only a tax on people who don't understand math; it is an unfair and unjust tax. Didn't we have the American Revolution over taxes like that?"

    --

  20. Missing data by Richard+W.M.+Jones · · Score: 5, Insightful

    While you can analyse the numbers that come up, the interesting data isn't usually available to you: namely what numbers people are betting on. For example in the UK lottery it is known that about 10,000 people a week bet on 1, 2, 3, 4, 5, 6. So that automatically is a really bad choice because if that combination came up, you would get £prize / 10,000.

    Example: if lots of people bet on (eg.) birthdays, then you'd expect the people to select numbers > 31 less frequently, which means you could try to cover bets with numbers > 31 and have a greater payout. Without the distribution of betting numbers though you can't tell.

    Rich.

    1. Re:Missing data by Red+Flayer · · Score: 4, Interesting

      A lot of lottos that offer a computer 'quick-pick' are set up so that the quick-pick only chooses numbers not already taken. Of course, someone could namually choose your set of numbers after you buy your ticket, but if you want to maximize your potential earnings, always use the quick-pick (for lottos that obey this rule).

      --
      "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
    2. Re:Missing data by geekoid · · Score: 1

      "So that automatically is a really bad choice because if that combination came up, you would get £prize / 10,000."

      Do you want to think about that some more?

      You are saying that lottery winning / 10,000 is worse then not winning at all.

      No if you want to optimize the amount of many you could win if the numbers come up, then I would bet all my numbers over 31.

      Personally, when I do play I just let the machine pick. I would never use the same numbers because if they happened to win and I didn't bet that week I'd shoot myself.

      Once I wanted to play one of those million dollar slot machines(megabucks). It was a six million, but i couldn't find someone to give me change(it was early mosring) I left. 10 minutes later I was home and on the news was some old guy who won the 6 million from that same machine. I couldn't sleep for a week.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    3. Re:Missing data by Richard+W.M.+Jones · · Score: 1

      That's interesting, thanks.

      I haven't played the UK lottery, ever, so I don't know if they have the "quick pick" feature over here.

      But on the other hand, it means I've won £1/week every week for the past 15 or so years by not playing, with only a miniscule chance that I could have won the big prize!

      Rich.

    4. Re:Missing data by BSAtHome · · Score: 1

      We know that the simple 1,2,3,4,5,6 is a bad idea. But, if I'd bet on 6,5,4,3,2,1, would that give me prize*10000?

    5. Re:Missing data by smooth+wombat · · Score: 1

      As an aside to your quick-pick scenario, on those rare occasions I play the lottery, I tried an experiment. In the past, I would put the quick-pick as the last one and my manually chosen numbers first.

      I noticed, whether true or not, that when I chose numbers this way, there was a higher chance that numbers I had already chosen would also be chosen by the computer.

      I then changed things around and had the first and last games chosen by the computer while my manually chosen numbers were in the middle. This seemed to cause the amount of numbers that overlapped to decrease slightly.

      Finally, I had the quick-picks first and my numbers last. I still get some overlapping choices but on the whole this method seems to give the truest random number picks with the fewest overlaps.

      Don't know if there is anything to it but to maximize my chances on those times I do play, the computer goes first and I go afterwards.

      --
      We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
    6. Re:Missing data by Anonymous Coward · · Score: 0

      A lot of lottos that offer a computer 'quick-pick' are set up so that the quick-pick only chooses numbers not already taken.
      Which lotteries would these be? I worked in the industry for quite awhile and am aware of no quick-pick systems that operate in this fashion, at least in the United States.
    7. Re:Missing data by johnny+maxwell · · Score: 1

      Very good point.

      This is in fact the only way to increase your potential payout in a (fair) lottery. I read an article about it once, which analyzed thousands of bets from people for the lottery of Switzerland, IIRC. There were all sorts of accumulations of specific sequences, 1 2 3 4 5, prime numbers, Fibonacci's numbers, dates, geometric arrangements on the rectangular number grid of the Swiss lottery ticket etc. Conclusion was that to increase the (still negative, of course) expectation value of your win one should pick at random from the set of commonly unused sequences.
      Of course this would only increase your expectation value up to the theoretic negative expection value if you were the only player...

      But by telling the public, it is now spoiled :)

    8. Re:Missing data by Anonymous Coward · · Score: 0

      There's a subtle point you miss. What he's actually saying is that if you do play, picking the same numbers as everyone else is a bad strategy.

      You're odds of drawing the winning ticket on 1,2,3,4,5,6 are theoretically the same as winning on any other number combination, regardless of the number of people who select that combo. But if you win, the prize is 10,000 times greater.

      Realistically, you're equally unlikely to win either way, but picking non-common numbers is statistically the superior method.

      But if the above poster who mentioned that when the machine picks it starts from those not yet chosen is correct, then letting the machine pick is a pretty good strategy.

    9. Re:Missing data by Monoman · · Score: 1

      Some guys did a research paper on the Mass. lottery many years ago and found basically the same thing. 10,000 people play 1,2,3,4,5,6 each week and you are better of to play combinations that have at least one number greater than 31.

      Having at least one number greater than 31 doesn't increase your odds of winning but it does mean you are less likely to split the winnings if you do win.

      --
      Keep the Classic Slashdot.
    10. Re:Missing data by fullerlee · · Score: 1

      I did a 3rd year Uni project on this a few years ago. It downloaded and analysed the number of winners (3, 4, 5 or 6 numbers) and reverse engineered the number choice distributions.
      7, 13, 31, and numbers on the edge of the choice-sheet were all more likely choices than the rest.
      The conclusion was that if you played for a very long time, you were likely to break even.
      That was before the lucky dip started though.

    11. Re:Missing data by Henry+V+.009 · · Score: 1

      Actually, it's a really good choice if that number comes up, because any other would lose.

    12. Re:Missing data by Mana+Mana · · Score: 1

      i don't know what you just said. seriously.

  21. Do you really want to win? by Anonymous Coward · · Score: 0

    A lot of people who win high sums of money end up broke. If you are not mature enough to know how to manage the money and fight off the inevitable "investment" requests then your windfall will not last long and you may end up worse off than you were before you won. Money is not happiness. Good friends and family are.

    1. Re:Do you really want to win? by pclminion · · Score: 1

      Money is not happiness. Good friends and family are.

      Exactly true. Which is why I'd love to have a huge chunk of money. I could pay off my house, car, and take care of property taxes for the rest of my life. Then I could do the same for my friends and family, and we could all just hang out for the rest of our lives.

      It's the people who take their winnings and go buy ten fucking yachts that are the idiots. They use the money to create more debt for themselves.

    2. Re:Do you really want to win? by DanQuixote · · Score: 1


      A lot of people who win high sums of money end up broke.

      This is true. There is a well known psychological effect called cognitive dissonance. In essence, if you think you are supposed to be rich, you slowly but surely make the choices which lead to wealth. If you think you are supposed to be poor, you never have enough, and you just can't see how the business owners, investors, and other fat cats do it.

      Ironically, "expecting" yourself to be poor puts you in exactly the right mindset to play lotto. So, when one wins it, they think "wa-hoo, I escaped my poverty!". But their ingrained habits, thoughts and environment slowly but surely erodes their new-found wealth.

      The magic wand of lotto money can change your bank account, but only those who have studied, practiced and developed the skills required to build and keep wealth... will die with it.

      --
      "We think people rightly feel that once they buy something, it stays bought," --Suw Charman, Open Rights Grp
  22. Don't play the lottery, play the players... by nweaver · · Score: 2, Insightful

    Any statistical deviation in the balls is going to be microscopic.

    Rather, observe the following. When a progressive jackpot gets large enough, a single winner would have a positive expectation value, but multiple winners have negative value.

    Thus what you need to do is not pick something that is "more likely", you need to pick combinations that normal players would NOT choose, as your odds of winning are the same, but your odds of having to share a win go way down.

    EG, something like 7 8 9 10 11 12 13

    Given the raw stream of what numbers people choose, there are probably lots of such "less likely" patterns you could use.

    --
    Test your net with Netalyzr
    1. Re:Don't play the lottery, play the players... by snarkh · · Score: 2, Informative

      Unfortunately, the jackpot is probably still not large enough, even if you do not have to share it. You lose 30-35% on taxes + the lottery only pays it out over many years (or you can take a much smaller lump sum) which devalues the jackpot at the rate of inflation.

      You would be lucky to take 1/3 of the value of the jackpot even if you are the sole winner. In that case
      the expected payoff is no longer in your favor.

    2. Re:Don't play the lottery, play the players... by mapsjanhere · · Score: 1

      Actually, one of the biggest number of shared winners in the German lottery was with on of those "unlikely" patterns (something like 1,2,3, 45,46,47). Over 200 people had this. Just because you think it's unlikely doesn't mean a lot of other people don't pick it for the same reason.

      --
      I'm aging rapidly, I bought a new game and had no idea if my machine was good for it.
    3. Re:Don't play the lottery, play the players... by Anonymous Coward · · Score: 0

      I've been using that scheme for years on the rare occasions when i buy a lottery ticket.
      But.... You are seriously blowing it with numbers like that! How many guys do you think have reached the same conclusion (that the maximum expected payout comes from 'lonely numbers' that nobody else would pick)? You have to take them into account. I would imagine that quite a lot of people actually pick 7 8 9 10 11 12 13.
      Pick something a little less pattern. say 24 36 37 41 42 43. Still less likely than the typical pick.
      2nd important point: minimize the numbers 1-31. lots of people use special days.
      But don't avoid them completely! otherwise all the people with that strategy are concentrated in 1/1000 of the key space.
      -Rob Ryland

    4. Re:Don't play the lottery, play the players... by That's+Unpossible! · · Score: 2, Funny

      Any statistical deviation in the balls is going to be microscopic.

      Speak for yourself.

      --
      Ironically, the word ironically is often used incorrectly.
    5. Re:Don't play the lottery, play the players... by gaspyy · · Score: 1

      Actually, where I live, a month or so ago there was a big media frenzy as the lottery jackpot was to the tune of 5 million euros, and the winning numbers were something like 2,3,4,5,6,13. Of course, no one chose that combination.

    6. Re:Don't play the lottery, play the players... by AK+Marc · · Score: 1

      For a $10,000,000 payout that you are the sole winner of, paid over 20 years, you would pay about 25% in taxes. There are some ways to defer these taxes (but never "shelter" yourself from them, the IRS will try to throw you in jail for just using that word). If you devalue the winning over some period, then yes, it will be worth less. But your payout will be $10,000,000 and taxes will take about 25%. That doesn't sound so bad, to have your bank account increased by more than $7 million, even if you only get it in small chunks of $300,000 or so every year for 20 years.

    7. Re:Don't play the lottery, play the players... by gringer · · Score: 1

      And that's why it's a good idea to carry a bomb on an airplane -- the chances of two people having a bomb are effectively zero!

      --
      Ask me about repetitive DNA
  23. Statistically significant? by Anonymous Coward · · Score: 0

    OK, math nerds, help me out. Maybe I'm misremembering, but in a sample like this, isn't the statistical error basically sqrt(n)? So for the claimed 1078 drawings, sqrt(1078)/1078 is 3%. So I should be looking for "bumps" in the graph bigger than 3%, right? And I'm not seeing that. It looks like in all his charts, I can just draw a straight line through the mean, and my ±3% error bars cover all the variation.

    What am I missing?

    1. Re:Statistically significant? by jpfed · · Score: 1

      He's not claiming that the mean is different from what would be expected if the numbers were uniformly distributed. He's claiming that the numbers themselves are not uniformly distributed.

      To test whether the numbers actually fall into a discrete uniform distribution, he should've run a chi-square test for goodness-of-fit predicting all outcomes having equal frequency.

  24. I've known people that used patterns by Jimmy+King · · Score: 1

    Article is slashdotted, so I can't go read it to see how relevant this really is.

    I have known people that have used patterns and formulas to pick lottery numbers weekly and overall come out on top. Now this was with regular state lottery which has a far better chance of being won anyway. Also, it certainly wasn't anything they could live off of, wasn't consistent, and took a few thousand dollars that you could risk losing to get started with and keep spending monthly.

    Overall, though, the guys that I have known who have done this sort of stuff have won, though. Not tons, maybe an average of a couple hundred dollars per month at best with the risk of losing thousands. Seems to be working so far, though.

    1. Re:I've known people that used patterns by greg1104 · · Score: 2, Interesting

      Overall, though, the guys that I have known who have done this sort of stuff have won, though. Not tons, maybe an average of a couple hundred dollars per month at best with the risk of losing thousands

      It sounds like a classic case where someone is staying just ahead of Gambler's Ruin--so far. If you don't properly model what happens when you run out of money, there are any number of gambling systems that seem like they work in the short-term, but in reality don't if you run them long enough. The simplest one is the Martingale.

  25. The way I see it by techpawn · · Score: 1

    Anything where you have better chances of being killed driving to get the damn thing than winning isn't worth the money...
    Chance of dying from a car accident: 1 in 18,585

    --
    Ask not what you can do for your country. Ask what your country did to you
    1. Re:The way I see it by east+coast · · Score: 1

      Chance of dying from a car accident: 1 in 18,585

      Bad statistical analogy there. You see, 18585 is your chances of dying in an auto accident in your entire life. Multiply this by the number of car trips you take and take the odds on winning any lottery and divide that by the number of times/sets of numbers you play. I'm sure someone can come up with some variations on that.

      But as we both know it's all just a bit crapshoot anyhow... when the Great Cthulhu "calls you home" there is no winning odds for an escape.

      --
      Dedicated Cthulhu Cultist since 4523 BC.
    2. Re:The way I see it by pclminion · · Score: 1

      Chance of dying from a car accident: 1 in 18,585

      Please don't try to counter bad statistics with more bad statistics. The OVERALL rate of death in car accidents might be 1 in 18,585, but that includes everybody in the country. People who drive more often or for longer distances are more at risk. When you average everybody together, you get some number. That DOES NOT MEAN that YOUR chance of being killed in a car accident is 1 in 18,585. If you are a "safe" driver, drive low mileage, stay on safer roads, etc. your odds might be ten times better than that, or more.

  26. Evidence and changing beliefs by QuantumPion · · Score: 1

    When that particular lottery drawing was in the news I came up with a conjecture about picking lottery numbers that would have a higher probability of winning. I'm not a statistician, but from my limited knowledge of Bayesian statistics I figured I could take the set of all possible picks, then from this list remove "subjectively unlikely" combinations such as all previous winning picks as well as combinations like all straits (1-2-3-4-5), flushes (10-10-10-10-10), and other weird coincidences (all primes, etc). Then pick a few random numbers from this reduced list. I never did any actual calculations but I'm curious as to whether 1) this would actually increase your odds of winning and 2) by how much.

    1. Re:Evidence and changing beliefs by Anonymous Coward · · Score: 0

      I never did any actual calculations but I'm curious as to whether 1) this would actually increase your odds of winning and 2) by how much

      Try this with a coin: flip it once and note heads or tails. Now try to guess how the next toss comes up. Feel free to remove all previous winning results from your pool of guesses.

      For truly random events, what happened 2 seconds ago is completely irrelevant to what will happen in the next 2 seconds. For non-random (ie: biased) events, a pattern that has appeared once is more likely to occur again than a pattern that has never occurred. This is why statistics freaks so many people out: people like to believe in magic numbers and magic number sequences.

      And Bayesian statistics is probably not a good tool to apply to coin flips, lottery balls, or radionuclide decay.

    2. Re:Evidence and changing beliefs by Ambitwistor · · Score: 1

      It's better to play the numbers you excluded than the ones you retained. 10-10-10-10-10 is just as likely as 34-95-89-24-61. But because people think it's less likely, they tend not to pick it. Which means that you should pick it, since you're no less likely to win, but are less likely to have to share the prize with someone else.

  27. Ummm.... by Otter · · Score: 3, Insightful
    1) These guys did an impressive amount of work, but seem to be completely oblivious to proper statistical analysis. It would have been nice to have seen a p-value somewhere in there.

    2) You don't get an edge in the lottery by picking numbers that are more likely to come up; you get it by picking numbers that other players are less likely to choose (e.g. >31), so that you don't have to split your win with as many others.

    1. Re:Ummm.... by Anonymous Coward · · Score: 0

      P value? They P'd all over the values, hows that?

    2. Re:Ummm.... by kat_skan · · Score: 1

      You don't get an edge in the lottery by picking numbers that are more likely to come up; you get it by picking numbers that other players are less likely to choose (e.g. >31), so that you don't have to split your win with as many others.

      Considering you're the third person I've seen just in this thread to suggest this strategy, I have to wonder if it would be smarter to play { 1, 2, 3, 4, 5, 6 } after all.

    3. Re:Ummm.... by jgc7 · · Score: 1

      This research is drivel.

      I'll explain what is going on very simply.
      1) Lots of people beleive in lucky numbers, and many lottery ticket buyers play their "lucky" numbers.
      2) There are a lot of common lucky numbers 1,3,7 etc, and for example, 1 through 31 is going to be played more often than 32 because of birthdays.

      Now lets assume the number picking process is *completely* random.

      Note: not every set of numbers picked is a winner. Numbers are typically picked weekly and most weeks there is no winner.

      Now, given a set of numbers chosen at random, a set containing more lucky numbers is more likely to produce a winner than a set containing very few lucky numbers. Thus when analyzing the distribution of the winners, you will observe that the winning numbers ofter contain "lucky" numbers. But of course, this is only because a larger proportion of tickets sold contain lucky numbers.

      So what is the best lotto strategy to maximize your expected winnings? The answer is simple. Don't play, but if you do play, pick "unlucky" numbers because the odds of having to split the pot are lower.

      --
      70% of statistics are made up.
    4. Re:Ummm.... by Otter · · Score: 1
      Numbers are typically picked weekly and most weeks there is no winner.

      That's an interesting theory, but I would imagine that the lottery data include all the drawn numbers, not just those with winning tickets. A quick look at the data suggests that that is indeed the case, but I'll leave it as an exercise for some enterprising hacker to take a thorough look for missing dates.

    5. Re:Ummm.... by jgc7 · · Score: 1

      That's an interesting theory, but I would imagine that the lottery data include all the drawn numbers, not just those with winning tickets.

      Rather than imagining, see the article:
      As a first step, it was necessary to obtain a collection of MegaMillions' lottery numbers. Fortunately, the New Jersey Lottery website has an archive of all winning numbers since September 6, 1996.

      --
      70% of statistics are made up.
    6. Re:Ummm.... by Anonymous Coward · · Score: 0

      As anyone with a 9-th degree polynomial can tell you, the p-value is ZERO.

    7. Re:Ummm.... by Anonymous Coward · · Score: 0

      Forget all this statistical mumbo jumbo; I'd just like to know how the lottery machine keeps winning. Week after week it picks the right numbers...

    8. Re:Ummm.... by Anonymous Coward · · Score: 0

      I read the article and the first thing I noticed is that he didn't account for the number of times that there wasn't any mega millions winner...you know, how many weeks went by without a winner...where are those numbers in his analysis?

    9. Re:Ummm.... by Anonymous Coward · · Score: 0

      These guys spent a lot of time making fancy charts and examining data... but they seem to never have heard of the goodness of fit test. Or any related test.

    10. Re:Ummm.... by Otter · · Score: 1

      The question is whether "winning" means that a prize was awarded, as you're assuming, or simply that the numbers were drawn, in keeping with normal lottery usage. As I said, if you don't just read the article but also follow the link to the data, the latter is correct.

    11. Re:Ummm.... by Shadowlore · · Score: 1

      1) These guys did an impressive amount of work, but seem to be completely oblivious to proper statistical analysis. It would have been nice to have seen a p-value somewhere in there.

      Sound like solid candidates for Global Warming "research" grants.

      2) You don't get an edge in the lottery by picking numbers that are more likely to come up; you get it by picking numbers that other players are less likely to choose (e.g. >31), so that you don't have to split your win with as many others.

      Not sure about that. I would rather share a payout where I get more than I bought in for then get no payout.

      Assumption 1:
          There is a distribution of numbers that tend to come up more frequently than others.
      Assumption 2:
          Anyone who selects the winning numbers, shares in the payout
      Assumption 3:
          If nobody else won, you get all of it.

      Given these assumptions, the real question is whether or not it is to your advantage to pick less-frequent numbers others tend to not pick at a lower chance of payout versus picking numbers others are likely to pick because they come up more often.

      My suspicion is that it would be variable based on the total payout, and whether or not the payout increases if nobody wins. Also one would need to decide if it is a one-shot, or a multiple-play strategy.

      I suspect based on previous studies in other fields (with similar conditions) that most people would in fact pick from the smaller but more frequent number set to increase the chances of winning, even if it's a smaller amount.

      Personally, as long as you enjoy it and don't take it to excess, play the lottery how you see fit, numbers be damned.

      --
      My Suburban burns less gasoline than your Prius.
    12. Re:Ummm.... by Otter · · Score: 1
      Given these assumptions...

      Sure, but even the authors of this article recognize that the distribution of winning numbers is either random or extremely close to it. So, even if they had been able to identify some marginal trend, it would probably be less useful than the extremely non-random distribution of ticket numbers.

  28. Compare the odds by Anonymous Coward · · Score: 0

    the chances of being struck by lightning are estimated at 1 in 700,000

    http://www.usatoday.com/weather/resources/basics/wlightning.htm

    The chances of being killed by honey bees of any sort are actually less than the chances of being hit by lightning, according to Center for Disease Control statistics.

    http://stingshield.com/2000news.htm

    Yet

    A single dollar in MegaMillions purchases a 1 in 175,711,536 chance

    Odds are on the lightning!

    1. Re:Compare the odds by clarkkent09 · · Score: 1

      Well, strange as it seems, the lottery in this case IS a good bet. You have 1 in 175 mil. chance of winning, but the prize is $370 mil. for a 1 dollar bet.

      Think of it this way, there are 175 mil. possible number combinations and one of them is going to win. All you have to do is buy all possible combinations. It will cost you $175 mil. and you are guaranteed to win the jackpot. One major complication is that there is a certain probability that you will have to share the jackpot with other winners so you'd have to take that into consideration, but then think of all the smaller prizes that you will also pick up.

      You'll never see a bet like that offered in a casino. The only reason it is offered there is that there weren't any winners in several rounds so the money carries over. The lottery company had already made its money so they are still ahead even after they pay out the 370 mil.

      --
      Negative moral value of force outweighs the positive value of good intentions.
    2. Re:Compare the odds by Rary · · Score: 1

      "One major complication is that there is a certain probability that you will have to share the jackpot with other winners..."

      Another major complication is that you will lose half your winnings in taxes. Yet another major complication is that what you do get to keep will be diminished by the fact that you don't get one giant payout, but smaller payouts over the course of many, many years.

      The end result is that no, it's not a good bet. Ever.

      --

      "You cannot simultaneously prevent and prepare for war." -- Albert Einstein

  29. Let's try some simulations shall we? by davidwr · · Score: 4, Informative

    Let's simulate the history of MegaMillions in a computer, using a hardware random-number-generator that we trust to be completely random with an even distribution.

    Examine the results and look for patterns. Odds are, you will see minor variations from "average." After all, if you flip a coin 1000 times, odds are you won't get exactly 500 heads and 500 tails.

    Next, let's repeat this 100 times. Odds are you will see such patterns in most of the experimental runs, but the patterns will vary from run to run.

    Think of the real-life MegaMillions lottery as a single experimental run.

    How do you counter this?

    You could slice-and-dice the MegaMillions into 100 "experimental runs" each consisting of a random 10% of actual drawings. While the overall trend of this slice-and-dice will reflect the real history of MegaMillions, the results of the individual "experimental runs" should vary enough to convince people that this is just a statistical fluke, or at least it's flukiness can't be ruled out.

    In particular, let's slice MM into 10 time periods with an equal number of drawings. Odds are the most recent time period's statistical anomalies won't match those of earlier times.

    The bottom line:

    There is nothing to suggest the statistical anomaly of the history of MM so far will continue.

    --
    Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
    1. Re:Let's try some simulations shall we? by joshuaobrien · · Score: 1

      Examine the results and look for patterns. Odds are, you will see minor variations from "average." After all, if you flip a coin 1000 times, odds are you won't get exactly 500 heads and 500 tails.

      In fact, the more coin-flips you perform the less likely you will get an even distribution of heads and tails.

  30. Ah, lotteries... by mark-t · · Score: 1

    the tax on people who can't do math.

    Patterns? Oh sure there are patterns... But consider, if you look at the moon, you might see a face there too... there's a definite pattern there! Or if you look at clouds you might see familiar shapes.

    The point of what I'm saying being that the human brain is the ultimate pattern recognition engine, and it's going to see patterns arising even when their really aren't any.

    Any increased likelihood that using such "patterns" to predict the outcome of discrete random events will be statistically insignificant, compared to the number of actual possibilities.

    Notwithstanding, otherwise discrete random events may potentially affect the outcome of other such events due to circumstances unrelated to the event being analyzed, such as the physical wearing down of certain equipment.

  31. In other news by ZipprHead · · Score: 1

    In other news, global warming has caused a decrease in Ninja population, while simultaneously increasing pirate population.

    1. Re:In other news by Anonymous Coward · · Score: 0

      Preach my pastafarian brother!

    2. Re:In other news by node159 · · Score: 1

      Blasphemy! The pirate population has _decreased_ as a result of global warming. As for the ninja's who knows, not like you can ever count them anyway...

      --
      GPLv2: I want my rights, I want my phone call! DRM: What use is a phone call, if you are unable to speak?
    3. Re:In other news by Cecil · · Score: 1

      I think you have cause and effect mixed up. It's pretty clear that global warming is a result of fewer pirates, not the other way around.

  32. In other news by Van+Cutter+Romney · · Score: 1

    In other news Matt Vea's girlfriend was recently seen leaving a 7-11 screaming, "Just choose the goddammned numbers!"

    --
    Help a man when he is in trouble and he will remember you when he is in trouble again.
  33. Statistically bankrupt by elvum · · Score: 1

    What's the point of doing this kind of analysis if you're not going to calculate the probability that the balls used are unweighted? If you want to admire some random numbers, go and roll some dice - the interesting question is whether or not the pattern analysis can be put to use.

  34. Can't get to the link! by Anonymous Coward · · Score: 0

    Ah the power of telling millions of people that they can cheat the odds on their local lotteries at once. ;)

  35. consecutive is human conceivable by Anonymous Coward · · Score: 0

    If something obeys a human conceivable or recognizable pattern .. like 7 8 9 10 11 12 13, then I reckon a person is likely to play it.

    Now you may think people would say "it's too unlikely consecutive numbers would happen". And you would be correct for 99.9% of the population.

    But .1% may think it's funny and choose consecutive numbers. They may have read somewhere that consecutive numbers have the same chance of popping up and non consecutive numbers.

    Now if you don't think people would do something like that .. I know people who use the word "password" as their password thinking it's secure because "nobody would ever guess the word password as being my password cause it's too obvious".

  36. College stats course by rueger · · Score: 4, Interesting
    Of all of the courses I took over the years, my college Statistics course stands out. The teacher was the kind of guy who would spend an evening at his kitchen table flipping pennies just to prove to himself that yes, ultimately they would trend towards a 50/50 distribution. For fun.

    What stuck with me though we a couple of ideas:
    • What happened in the past has no influence over what will happen in the future. You may have flipped seventy-five heads, but the odds of the next penny landing head or tails is still 50/50.
    • The decision whether to make a bet in any game is based on a variety of factors - the size of the bet, the size of the possible prize, and the odds of winning. No one of those three is enough to make a decision, you need to know all three.
    In life, as in games, you have to make decisions based on real odds, not of conjecture or media speculation. Where's the bigger risk? A falling meteor, or getting hit by a city bus? Food poisoning or a terrorist attack?
    1. Re:College stats course by Anonymous Coward · · Score: 0

      If you flip 75 heads in a row then I would say your chances of getting a heads on the next toss are really really good.

      The reason being is that if you got 75 heads in a row, the chances that the coin you are using is 'fair and balanced' is extremely unlikely.

    2. Re:College stats course by ShatteredArm · · Score: 1

      My brother teaches a high school math class here, and I saw one of the questions they as on the test every student in the state now has to pass...

      It said, "suppose you toss a cube 40 times, and 10 times the face showing has a four. If you flip the cube 360 times, how many time can you expect to roll a four?" Is thought, "Well, it depends on how many sides there are and whether they are identical." The "correct" answer was 90 of course, but the question obviously didn't account for independent events (and didn't explicity state that any assumptions about independence should be made).

      Somehow this made the bad statistics the media always points out seem not so surprising. I think the general population just has a really poor understanding of probability.

    3. Re:College stats course by geekoid · · Score: 1

      "# The decision whether to make a bet in any game is based on a variety of factors - the size of the bet, the size of the possible prize, and the odds of winning. No one of those three is enough to make a decision, you need to know all three."

      Not exactly correct. To try and make the best bet you need all those factors, but many people make bets without knowing those three, or caring.
      Example: People who bet on 'their team' every week regardless of performance. Homeowners insurance, car insurance, etc . . .

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    4. Re:College stats course by narcc · · Score: 1

      Is thought, "Well, it depends on how many sides there are and whether they are identical." A cube, by definition, has six identical sides.
    5. Re:College stats course by ShatteredArm · · Score: 1

      Well, technically I don't remember whether it actually said "cube" or not, but from what I recall, it seems like it did. I know the answer if you made that assumption was not available (multiple choice).

    6. Re:College stats course by tknd · · Score: 1

      The decision whether to make a bet in any game is based on a variety of factors - the size of the bet, the size of the possible prize, and the odds of winning. No one of those three is enough to make a decision, you need to know all three.

      Not necessarily. In a system of infinite trials you can be guaranteed to win as long as your chances of winning for each trial is over 50%. This is why casinos make money and why they kick out good blackjack players/teams (there are ways to get above 50% chance of winning in blackjack). In most cases you are not given unlimited trials because you have a limited amount of money to play or you cannot play the game often enough. But if you think of the perspective of a casino where the capital is essentially infinite (they can get a large loan) and the house is always playing against thousands of players who each contribute hundreds of plays each. In that case the conditions are close enough. You will also notice that the casino never actually "bets". They have payouts which is basically the same as consistent betting. However, they do have to enforce a maximum bet. Otherwise a billionaire like Bill Gates could bet a few billion dollars on the roulette table, play black, and have a 47% chance of sinking the entire casino if he wins and they do not have enough cash to pay him. Instead if he wanted to bet 2 billion dollars, he would have to split it up into many many trials.

      For fun, go to a casino and pickup one of their informational pamphlets that shows you the odds of each game. You'll find out that for all games the odds of you winning each game are lower than 50%.

    7. Re:College stats course by inverselimit · · Score: 1

      What happened in the past has no influence over what will happen in the future. You may have flipped seventy-five heads, but the odds of the next penny landing head or tails is still 50/50.
      I'd argue this is a mistaken conclusion. The chances are overwhelmingly that the person who told you it was a fair coin is lying.

    8. Re:College stats course by dookiesan · · Score: 1

      If you place the coin heads up before flipping it, I believe the odds are slightly higher that it will land heads up. See "Physics of coin flipping" on this page http://en.wikipedia.org/wiki/Coin_flipping.

    9. Re:College stats course by Anonymous Coward · · Score: 0

      This brings up an interesting statistical fact that has always mystified me (from a common sense perspective):

      Let's say you live in Vegas. Every evening you stop by a casino and bet your favorite number on the roulette wheel (doesn't matter which one, of course) to win. If you win right away, you go home. If not, you keep betting on this number until it hits once.

      You keep records, and after a year or so, you compute the average number of spins it took each night.

      The answer: 38. (There are 38 numbers on an American roulette wheel.)

      The problem I have with this, from a common sense perspective, is that it seems like A LOT. There are only 38 numbers on the wheel, yet it takes a full 38 spins on average for a particular number to show up for the first time.

      I understand that a whole bunch of statistical theory would fall apart if this were not true - not to mention, you could easily "beat Vegas". But I would like someone to explain in common sense terms how this could be.

      (There is a famous situation regarding a group of people and common birthdays, whose answer is very non-intuitive. There is a "common sense" explanation to that phenomenon: don't look at individuals and their birthdays, but look at 2-way combinations of birthdays. I'm looking for something similar here. No need to quote a bunch of technical statistical stuff; I studied statistics in college and understand the non-common-sense technical reasons here.)

      By the way, if you watch a roulette wheel for a while, and notice a particular number has NOT shown up in a long time (50 spins or 100 spins or whatever), the average number of additional spins before that number shows up: still 38. It's always "38 more spins on average". Of course the wheel has no memory, so this has to be a constant.

  37. Best choice is numbers over 31 by Maxo-Texas · · Score: 1

    Reduced odds of sharing the win with someone else.

    I win $1 every week!

    The only ticket's I've ever bought were to give out as party favors.

    --
    She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
  38. A better way by Anonymous Coward · · Score: 0

    A more interesting statistical analysis would include a survey of commonly chosen numbers. You could actually improve your statistical payout if you could reduce the chance of splitting the pot with someone else.

  39. How to win at the lottery by davidwr · · Score: 1

    1. Don't play.

    2. Don't play unless the present value of this week's expected total payout after taxes is less than this week's pay-in.

    Here's an example of when it's okay to play:

    The odds of winning Mega Millions are 175,711,536.

    If the net present value of the rollover prize is high enough that you buying 175,711,536 tickets and nobody else playing will win you at least $175,711,536 after taxes, then you'd be smart to play.

    Likewise, if you expect the players collectively to add enough so the expected total payout after taxes was less than the expected contribution that week, then it makes sense to play.

    Unfortunately, big jackpots attract lots of players, frequently tipping the odds away from the gambler.

    If you want good odds on a pure gamble, go to Vegas. At least with Roulette, you'll get back $36 of every $38 you wager.

    In most jackpots, the real winners are the people running the lottery and the IRS.

    --
    Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
    1. Re:How to win at the lottery by geekoid · · Score: 1

      Also, there is no physical way to bet on that many numbers for one drawing in a week.

      And you have to win more then you would have otherwise gotten in interest.
      And if you cash out, you get half minus taxes. So get about 1/4 of the total amount. If you are not going to cash out, then it is pointless to spend your money this way. So in your example the jackpot would need to be about 700,000,000. Not unheard of.

      On the plus side, you can write off the lossing tickets against any winnings so you could probably do it on a 650,000,000 prize.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  40. The Balls not to use Random Number Generators by ConnortheMad · · Score: 1

    There are some lotteries that use a random number generator, which could have coding issues with their algorithms as some of them are on older systems. Any randomness linked to a clock or timer is never a good bet, as I'm sure many a programmer can attest to. There are indpendent groups that verify and test these generators - both on the drawing devices as well as the terminal side, to ensure your quick pick truly is "random." I put more faith into the old style of ping pong style balls. There are more than one set of draw machines and sets of balls, which are kept under lock and key, and chosen right before the televised draw. The balls are ecamined and weighed to ensure that they have not been tampered with. The only patterns that may occur is if the balls are loaded in the same numerical order into the mixer every time, but this can be mitigated with allowing the balls to mix for a few moments prior to actually drawing the numbers. Machines used for subsequent drawings, may result in duplicates to the previous draw, as the ball has just been released and may be towards the top - therefore more apt to climb the chute once more.

  41. Heads, heads, heads, heads, ... by Danny+Rathjens · · Score: 3, Funny

    Rosencrantz: [flips coin which lands as 'heads'] 78 in a row. A new record, I imagine.
    Guildenstern: Is that what you imagine? A new record?
    Rosencrantz: Well...
    Guildenstern: No questions? Not a flicker of doubt?
    Rosencrantz: I could be wrong.

    ...
    Guildenstern: Consider: One, probability is a factor which operates *within* natural forces. Two, probability is *not* operating as a factor. Three, we are now held within un-, sub- or super-natural forces. Discuss.
    Rosencrantz: What?

  42. Definition of Lottery by Innova · · Score: 1

    Lottery: Tax for those people bad at math.

    1. Re:Definition of Lottery by DirkDaring · · Score: 1

      Roommate who was a math major in college said the same thing, I agreed. Then one of my good friends in Aikido won 1.2 million later that semester.

      I don't think he gives a !@#$ if you think he's bad at math...

  43. My Dad always said "the lottery is a tax .." by FinMacCool · · Score: 1

    on people who are bad at math... it looks like this proves it.

    1. Re:My Dad always said "the lottery is a tax .." by aicrules · · Score: 1

      Did you know your dad was on slashdot? http://science.slashdot.org/comments.pl?sid=347437&threshold=1&commentsort=0&mode=thread&cid=21201227

      Given that his post is right above yours and his uid is significantly lower than yours along with the similarity in what you posted, I think it's statistically improbable that he is not your dad. I cannot be convinced otherwise.

  44. Basically a regressive tax by iknownuttin · · Score: 1

    When I used to work (decades ago) at a convenience store, it was the poorer folks who bought the most tickets: the poorer the more tickets they bought - just an observation and obviously I didn't see their W-2s. The lotteries are basically a tax on poor folks, because, let's face it; the more educated and subsequently, well to do, know that it's not worth it.

    --
    I prefer Flambe as apposed flamebait.
    1. Re:Basically a regressive tax by XPisthenewNT · · Score: 2, Insightful

      An intelligent older gentleman told me once that he plays the lotto every week. I thought this was a silly waste of money too, but he explained that he got entertainment value from imagining how he would spend the money. This entertainment he felt was worth far more than he spent on tickets.

      Just because you probably won't win doesn't make it worthless. Try buying a ticket. Go on, you won't get addicted to gambling, but you might have fun ;)

  45. Finding pat by KiwiCanuck · · Score: 1

    As humans we think we can find patterns in true random events. Any correct prediction goes into the "told you so" column and re-enforces our believe. Any counter events go into dismissal. That is how the house of cards is built. Interestly, our local lottery is composed of a bunch of balls continuously mixed in a single spherical bin. The ball are always loaded in the same order, and picked at the same time. One's expecation would be that some numbers come up more than others. I have noticed will a small sample set of 52 draws that 4,7,21,33,35,42,45, and 48 show up more frequently than the other numbers. I wounder if this is the trap that causes most people to play. Note: The odd of winning are 1 in 14 million (pick 6 number from 49), and tickets are $2. So a $28 million jackpot is, in theory, a zero return investment (this is assuming you play forever -> beyond your years). Also, the prize money is only half of what is collected, the other half goes to the gov't.

    1. Re:Finding pat by mark-t · · Score: 1
      Uh... if you're talking about the Canadian 6/49, although it's government regulated, half does _NOT_ go to government.

      Although you are right that only half the money collected for tickets is used for prize money, the other half, as well as any unclaimed portions of prize money, go to support charities like Save the Children, Medicins Sans Frontieres and World Wildlife Fund.

    2. Re:Finding pat by pclminion · · Score: 1

      As humans we think we can find patterns in true random events.

      Of course we can. It's a survival trait. Is that a lion hiding in the tall grass? It kind of looks like one. Of course I'm going to ASSUME that it's really a lion, because the cost of getting that assumption wrong is essentially nothing, whereas the cost of assuming it is NOT a lion, and it turns out to be a lion, is death.

      So of course our brains will always err on the side of seeing patterns even when no true pattern exists. Simple Darwinism.

  46. the pi symbol graphic by circletimessquare · · Score: 1

    attached to this story is more meaningful than at first glance, if any of you remember the movie

    fractals, numerology, obsession, madness, religion, finding patterns in randomness, etc.

    great movie if you haven't seen it

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  47. I buy my tickets on eBAY by new+death+barbie · · Score: 1

    The frugal gambler can save big money by buying used lottery tickets. They cost a lot less, and the chances of winning are almost as good!

    --

    It's supposed to be completely automatic, but actually you have to press this button.

  48. A detailed explaination of lottery odds by davidwr · · Score: 1

    Durango Bill's Applied Mathematics: Mega Millions Odds.

    --
    Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
  49. The only good advice by cain · · Score: 1

    The only good advice I've heard is to choose numbers greater than 31. The reasoning is that many people play dates: birthdays, anniversaries, etc. If you do beat the astromical odds and actaully win, your odds of splitting the pot with someone else is marginally better if you don't choose date-like numbers.

  50. Conspiracy theories are easy to disprove by AlpineR · · Score: 1

    Let's say there are 50 ping pong balls in the lottery bin. If somebody chooses number 1 anywhere on their lotto card then the conspirators need to inject radon into balls 2 through 50. If anybody chooses number 2 then the conspirators have to limit the radon to balls 3 through 50.

    The only way to prevent somebody from winning, even if the radon were 100% effective, would be for one of the 50 numbers to be unchosen by all of the thousands of lotto players. Otherwise, the guaranteed appearance or nonappearance of any single ball could beat every number combination played. It's not the individual numbers that determine a winner, it's the combination.

    The person who wrote that theory must be incredibly dumb or... joking. Ah, the other headlines at www.uncoverer.com include:

    • Britney Spears Has Cooties: They Made Her Hair Fall Out
    • Geraldo Rivera To Open Saddam Hussein's Vault
    • Elmo Busted for Smuggling Meth

    If only all the other stupid things I've heard today could be explained by humor. Never ascribe to humor that which can be adequately explained by stupidity.

  51. How to bet $175,000,000 in one week by davidwr · · Score: 1

    Get 174,999,999 of your friends to help you.

    --
    Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
  52. true in theory, destroyed in practice by mckwant · · Score: 1

    There's a really good Straight Dope on the topic, but typically, they have several batches of numbers and several machines. Presumably, there are (very slight) biases for each machine and number set. Assuming they never get changed out, and that you know which machine and which set are used every time, and you can get a large enough sample, you probably could come up with a solution that would be better than randomizing the numbers. Possible, just highly unlikely.

    Plus, if the prize pool is 50%, then you'll need a bunch of wins. In sports betting, for instance, the casino gets 10% off the top. So you may have as many wins as losses, but you'll still be down due to the vig. You need to pull off something like 55% just to break even. Lotteries would be a little different, as most sports bets are 11-10 bets (bet 11 to make 10, assuming there are no odds), while lottery wins are significantly more than that (bet 1 to win 300M, for instance).

    --
    ceci n'est pas un sig.
  53. A lottery is a tax on people who can't do math by rhythmx · · Score: 1

    Odds of winning jackpot == 1 / 175711536
    Odds of not winning jackpot == 175711535 / 175711536
    Odds of not winning jackpot any number of times in a row = (175711535 / 175711536) ^ N

    Amount of times you enter in a row before your odds become 50/50 (overall)
    (175711535 / 175711536) ^ N = 0.50
    log(175711535 / 175711536,.50) = N
    ln(.50) / ln(175711535 / 175711536) = N
    N = 121793955.42368374 ~ 121793956

    Assuming one were to play twice a week, the lottery is only a good bet if you played (lived) for 1171095 YEARS. "...but theres still a chance" -- HAH!

    1. Re:A lottery is a tax on people who can't do math by MortimerV · · Score: 2, Funny

      So you're saying that if I buy just 80 tickets a day, I'll have above even chances of winning over 40 years!

    2. Re:A lottery is a tax on people who can't do math by danzona · · Score: 1

      So you're saying that if I buy just 80 tickets a day, I'll have above even chances of winning over 40 years!

      You're short by a factor of about 104. You'd have to buy 8,342 tickets per day for 40 years.

    3. Re:A lottery is a tax on people who can't do math by Anonymous Coward · · Score: 0

      Assuming one were to play twice a week, the lottery is only a good bet if you played (lived) for 1171095 YEARS.

      That's not a very good way to define a good bet. If you played twice a week for that many years, assuming $1 per ticket, you'd pay out about 121 million dollars and only have a 1/2 probability of winning a jackpot. You're not even considering the lesser prizes, but if you factored those in, the expected value of your winnings would still be way less than the amount you paid in.

      "...but theres still a chance" -- HAH!
      I can't stand smugness.

    4. Re:A lottery is a tax on people who can't do math by MortimerV · · Score: 1

      Ooh, I missed that "twice a week" part. Oh well, that just made my joke 100 times better/worse (you decide)!

  54. Balls of Unity by Anonymous Coward · · Score: 0

    If lottery balls are weighted due to the fact that a 42 has more tape or paint then a 1, this could be solved by having each ball painted with a basic grid like an old fashion score board i.e. (88) on each ball. You would then simply paint blank spaces white and spaces to make the numbers black. Each ball would then be weighted exactly the same. ... Maybe they aren't meant to be the same any way.

  55. Total won so far: by mugnyte · · Score: 1


      2x weekly, 3 different lotteries available here = 6 chances to win @ $1 per ticket each week.

      Money saved by not buying a ticket since I turned 18? $11,232

      Now thats an emotional high I can enjoy every day!

    1. Re:Total won so far: by uglydog · · Score: 1

      Wow, old timer. If you invested that money at 5%, compounded weekly, you'll have $59,116.12 when you retire in 11 years! ;-)

  56. Global Correlations in Random Data by Janek+Kozicki · · Score: 1

    That reminds me about an interesting project "global consciousness project", which based on years of randomly generated numbers says, that basically - when a lot of people think about the same thing - the standard deviation of randomly generated numbers is exceeded.

    The random numbres are generated using eg. quantum-indeterminate electronic noise, and when there is a tsunami, or the pope died - the random numbers are suddenly not as random as expected.

    Interesting stuff.

    --
    #
    #\ @ ? Colonize Mars
    #
    1. Re:Global Correlations in Random Data by Janek+Kozicki · · Score: 1

      "standard deviation .. is exceeded"

      sorry for the inaccurrancy. Look at technical details if you want.

      --
      #
      #\ @ ? Colonize Mars
      #
    2. Re:Global Correlations in Random Data by ampathee · · Score: 1
      I am skeptical. It sounds like it would be very easy to see a spike (as will happen every so often), then pick the most recent news story for it to be a "response" to.

      Some googling suggests this is the case. From here:

      Also, The standard of evidence on this appears to be very low. For example, some of the events that their machine "detected" or "predicted" include Mark McGwire's homerun record, the finale of Survivor, and Oprah Winfrey visiting Africa.
  57. I would say lotteries are 'managed' by Skiron · · Score: 1

    However they do it, I have always asked myself one question about the UK lottery. Why is there a 30 minute delay (or more) between the tills closing and the actual draw itself? Why not do the draw 1 minute after the tills close?

    Why the delay? I do think these type draws are 'managed' and the time period between tills closing and the draw is unanswered (no matter what 'official' explanation they come out with).

    1. Re:I would say lotteries are 'managed' by njfuzzy · · Score: 1

      It's so people won't fight over whether they won,because their watch was 9 minutes off.

      --
      My Photography - http://ian-x.com
      The Deathlings (comic) - http://thedeathlings.com
  58. Liar by quokkapox · · Score: 1

    I'm going to go out on a limb here, and call you a LIAR.

    --
    it's a blue bright blue Saturday hey hey
  59. Doesn't work by quokkapox · · Score: 1

    Forget your subjective feelings. You're just as likely to win with 1-2-3-4-5 as 4-8-16-23-42 or 19-20-21-22-23 or any other combination. So you might as well play 24-25-26-27-28. Or 2-3-5-7-11. Or 11-13-17-19-23. Or 12-14-16-18-19.

    If you think any of these combinations is better than any others (in terms of absolute likelihood of coming up, not in terms of actual prize winnings due to multiple winners sharing the jackpot), you shouldn't be gambling.

    --
    it's a blue bright blue Saturday hey hey
  60. Blinded by the glamor by dazedNconfuzed · · Score: 2, Insightful

    To turn those numbers around:

    You have to admit that driving to work 5 days a week has less of an impact (good or bad) on someone's lifestyle than getting killed in a car crash does (again, good or bad).

    That the odds of ending up terminated on a highway are far higher than getting an "off the charts lifestyle impact" lottery payout doesn't seem to affect anyone's choice in making that daily drive.

    --
    Can we get a "-1 Wrong" moderation option?
    1. Re:Blinded by the glamor by Penguinshit · · Score: 4, Funny

      There is an even higher risk of termination by not making that drive for 5 days...

    2. Re:Blinded by the glamor by totally+bogus+dude · · Score: 1

      Your "(good or bad)" disclaimers notwithstanding, winning the lottery is a positive thing; dying in a car crash is a negative thing. People, being more emotional than rational, emphasise the potential good repercussions of their actions, but trivialise or ignore the potential bad outcomes. The person buying a lotto ticket is thinking about the possibility of winning millions of dollars. The person getting in to their car to go to work isn't thinking about the possibility of dying on the way there.

      So while your comment is insightful in a way, it doesn't actually mean anything with regards to people's lottery habits. I for one don't buy tickets because I can't be bothered; but if I was able to set up an automatic $10 debit of my credit card each week to enter, I'd certainly do it. Virtually no real cost to me, with the potential for a very substantial, very much positive, lifestyle change. Absolute no-brainer. Also, the fact that some of the money goes to worthwhile causes makes it easy to rationalise the cost, if the potential payout alone isn't sufficient.

  61. Re:yes, indeed there *Are* patterns (and not) by gEvil+(beta) · · Score: 1

    I always just see a bunch of dots.

    --
    This guy's the limit!
  62. An interesting lotto winner story by Anonymous Coward · · Score: 1, Interesting

    The famous linebacker for the Dallas Cowboys in the 1970's, Thomas "Hollywood" Henderson.

    He blew every cent he earned playing football on drugs and was arrested on sex and drug charges. When he was broke he found religion and got cleaned up. Later, he hit the lottery for $28 million.

  63. The lottery balls are "weighted" by shdowhawk · · Score: 1

    This post assumes that the lottery numbers are chosen from one of those machines where they drop a bunch of balls into, and they use air to randomize them all.

    Haveing worked as a bingo caller and in a bingo center for a few years, i've heard the craziest talk from people about how us workers are/were cheating. To be honest with you.. we're not cheating, but there "are" better chances of winning. Here is the reason why:

    Depending on the machine that is used, either lighter or heavier balls will be sucked up more often. I honestly doubt that he companies who many the balls... have machines that PERFECTLY calibrate (perfectly = 100%, not 99.99%) the weight of the ball vs the ink on it to make sure that they are all 100% exactly the same weight. Next. The person who TOUCHS these lottery balls will leave greasy residue on the ball which will add weight. After the games, a lot of places will use alcohol to rub them clean. Sometimes this will change the weight of the ball too, especially if not all the grease from the fingers are taken off. After a few weeks / months of using the same balls, you actually WILL see a pattern show up.

    That being said, those are bingo balls vs lottery ones, which means the bingo ones are touched much more often. Depending on how cheap those people are, they may change the balls out often, or never at all in which case a small pattern WILL emerge.

    On the other hand, if they use new balls every time... the pattern emerges from how the company they get those balls from, weighs them. If it's before or after ink.. blah blah

    As a final note: If you REALLY REALLY honestly think that you can win by figuring out the system, research the company that the balls come from, research how they ink / weigh them... research the TYPE of ink to see if it will help catch the wind from the machine or repel it more (more ink might mean less chance of being sucked up) ... and find out from the lottery company (from an insider of course, not what they tell you over the phone) how often they ACTUALLY change the balls out.

    If you DO all of that, i will consider you another crazy gambling nutcase (or a math statistician... in which case you've got other issues)... But hey, if you win from it, all the more power to you.

    1. Re:The lottery balls are "weighted" by Anonymous Coward · · Score: 0

      I can only speak for the Powerball drawings (the other multi-state big-jackpot lottery game) but each ball is weighed prior to every drawing and if one is out of the acceptable margin of error (something like 1000th of a gram) then the whole set is disqualified for use. There are similar controls in place for the drawing machines themselves, and everything is thoroughly analyzed before each and every drawing.

      There are strict audit procedures for both the drawings and the operations of the member states that are selling the tickets, and that's why everyone once in awhile a drawing won't go off at the scheduled time. Typically this is when one state has trouble with the computer systems and can't produce the necessary sales data reports in time.

      This level of control is a big expense and is one of the main reasons a lot of state lotteries have gone to computer generated numbers for their local games. These systems go through a similar audit and verification but don't carry the added expense of the high-precision ping-pong balls and related equipment.

  64. My first question by artifex2004 · · Score: 2, Interesting

    Does this guy know there are multiple ball sets in these big games, that are "randomly" selected before each drawing?

    Looking at statistical weighting of ball frequency in a huge aggregate is fine. But I'm guessing (but not betting) you can't translate it directly into predictions in the short term, because of this random set issue. Now, if you want to make multiple analyses based on the specific historical performance of each set, then you have something more practical. But then you need to buy multiple sets of tickets based on the multiple predictions you get. I don't think his data source will tell him what ball set was used.

    (Early on, when Lotto Texas was new, I used to guess 2 or 3 of the numbers based on simple frequency analysis, in every single drawing. But they kept adding ball sets. And Texas did tell people which ball set they used. After the fact, of course. And then I think they changed the number of balls picked. So I gave up my paper trials.)

  65. If your office mates win, and you're not in it... by mckwant · · Score: 2, Interesting

    I'm just saying. I don't care about $5/month, but if those guys win, and I'm still at this $@#%ing desk, that'll be bad.

    It's not gambling, it's "gloating ex-co-worker insurance."

    --
    ceci n'est pas un sig.
  66. Joshua: by quokkapox · · Score: 1

    A strange game. The only winning move is not to play.

    --
    it's a blue bright blue Saturday hey hey
  67. But I've got something no other gambler does! by Anonymous Coward · · Score: 0

    A System!

  68. Friends? What Friends? by EgoWumpus · · Score: 1

    How many people who hang out on /. have friends who really like them? Quoth Office Space, "What would I do if I had a million dollars? Two chicks at the same time."

    And, you know, if you had a million dollars you could probably hook that up. I mean, you can buy a lottery ticket, or put a buck in the panties of a stripper, and one of them actually gives you a decent chance of getting laid.

    --

    [Ego]out

    1. Re:Friends? What Friends? by AuMatar · · Score: 1

      If you're only stuffing a buck in there, unless you hide it behind someone else's hundred the lottery gives you the better chance.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    2. Re:Friends? What Friends? by king-manic · · Score: 1

      How many people who hang out on /. have friends who really like them? Quoth Office Space, "What would I do if I had a million dollars? Two chicks at the same time."

      And, you know, if you had a million dollars you could probably hook that up. I mean, you can buy a lottery ticket, or put a buck in the panties of a stripper, and one of them actually gives you a decent chance of getting laid. Who needs a million dollars. You just have to date a bisexual stripper. Ahh fond memories of a youth misspent.

      PS. All the tests came back negative.
      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    3. Re:Friends? What Friends? by heinousjay · · Score: 1

      Ahh fond memories of a youth misspent making up bullshit stories about your sexual prowess?

      Sorry, too easy.

      --
      Slashdot - where whining about luck is the new way to make the world you want.
    4. Re:Friends? What Friends? by Anonymous Coward · · Score: 0

      jesus christ people.. it's called erotic services and craigslist has a listing for a provider near you. you can have two chics at once and it won't cost you a million dollars.. more like $500

    5. Re:Friends? What Friends? by king-manic · · Score: 1

      making up bullshit stories about your sexual prowess?

      Sorry, too easy. Think what ever floats your boat.
      --
      "There are more things in heaven and earth, Horatio, than are dreamt of in your philosophy."
    6. Re:Friends? What Friends? by Anonymous Coward · · Score: 0

      jesus christ people.. it's called erotic services and craigslist has a listing for a provider near you. you can have two chics at once and it won't cost you a million dollars.. more like 500 ro$e$ Fixed that for ya.
  69. Buy a fortune cookie? by Shivetya · · Score: 1

    Remember the story about a larger than usual number of people having a winning ticket?

    http://www.cbsnews.com/stories/2005/04/01/national/main684584.shtml

    Still your right, the numbers chosen are not published, but with the "ball" method being used at many lotteries how would knowing what they choose really affect your chance of winning anything substantial?

    --
    * Winners compare their achievements to their goals, losers compare theirs to that of others.
  70. Lottery and the Mob by brit74 · · Score: 4, Interesting

    Back in the early 20th century, the mob used to run a kind of informal lottery. It was called a "numbers game". There were places (like barbershops) where people could pick a number from 1 to 1000, and if their number came up, they won. The mob typically paid out between 800-to-1 and 600-to-1. This meant that the mob paid out 60-80% (and kept 20-40%) of the money people initially paid. On the other hand, most state lotteries only pay out about 50% of earnings, making them a worse bet than going with the mob.
    http://en.wikipedia.org/wiki/Numbers_game
    http://marketplace.publicradio.org/features/underground/1114undergroundpm.html

    1. Re:Lottery and the Mob by poot_rootbeer · · Score: 1

      On the other hand, most state lotteries only pay out about 50% of earnings, making them a worse bet than going with the mob

      A large portion of the revenue from a state lottery drawing not disbursed as prize money goes to schools and other worthwhile recipients.

      A large portion of the revenue from a mob numbers game not disbursed as prize money goes to bribes, hitmen, drug traffickers, and fur coats for the Don's concubines.

    2. Re:Lottery and the Mob by Anonymous Coward · · Score: 0

      Casinos take a much smaller share as well. Just play the slots with the mega-prize payouts.

  71. This article is useless by Werthless5 · · Score: 1

    Every number has an equal chance of being pulled. That's a fact. Playing to these "weighted numbers" doesn't increase your odds at all; in fact, your odds are theoretically decreased by playing the numbers that have been pulled more often, because it is more likely that you'll see the less often pulled numbers pulled next time In other words, if I flip a coin 10 times and see Heads 10 times, that's not a guarantee that the 11th time will be heads; in fact, the probability of getting 11 heads is so small that you'd be better off betting on tails. After all, if you flip the coin 10 million times you should have about 5 million tails (but you can't say anything about a coin only flipped 10 times because the sample size is too small). The lottery has been done a finite number of times, therefore the article's interpretation of statistics is nonsense.

    1. Re:This article is useless by Anonymous Coward · · Score: 0

      You sir, are a retard. Even if I've flipped a coin 100 times and they were all heads, the probability of the next flip being heads is still 1/2. Conditional probability - learn it.

    2. Re:This article is useless by pclminion · · Score: 2, Insightful

      In other words, if I flip a coin 10 times and see Heads 10 times, that's not a guarantee that the 11th time will be heads; in fact, the probability of getting 11 heads is so small that you'd be better off betting on tails.

      Classic Gambler's Fallacy. How on earth could previous coin flips influence the probability of the current flip? Try brushing up on your own statistics, instead. There are plenty of GOOD criticisms of this guy's work -- yours isn't one of them.

    3. Re:This article is useless by nthenudie · · Score: 1


      Classic Mathematician's Fallacy : Assuming it's a fair coin. If I see 10 heads in a row, I'm starting to wonder if this is a fair game.

    4. Re:This article is useless by pclminion · · Score: 1

      I know what a P-value is. After 10 flips I'm not convinced. Get me down to P=0.005 assuming 50/50 and I might start thinking about it.

    5. Re:This article is useless by geekoid · · Score: 1

      But if I were asked right at that moment to bet, I would chose heads. Either somethings wrong and it's weighted to make heads more likely, or I have a 50/50 chance.
      Personally, you can win a lot of money from people who think they are 'due'. Just look at any casino.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    6. Re:This article is useless by Anonymous Coward · · Score: 0

      Moderation: -1, Wrong.

  72. My point... by Anonymous Coward · · Score: 0

    ...is that the patterns of stars, planets, and constellations you see in the night sky is not random at all, but rather are arranged by a very intricate system of mathematical functions which describe all the interactions of all those objects and include their wildly varying velocity vectors, sizes, densities, masses, and distances from one another and they are not contained in a fixed size and shape container where frequent collisions will affect their positions as seen by a viewer here on this planet.

    The lotto balls are much more matched in size, shape, mass and density to each other, and they are contained in a relatively small, fixed size container respective in ratio of the volume of all the balls to the volume insode the container, where extremely frequent collisions between the balls will profoundly affect the probability of which ones will get picked by the picking mechanism.

    1. Re:My point... by 4D6963 · · Score: 1

      ...is that the patterns of stars, planets, and constellations you see in the night sky is not random at all, but rather are arranged by a very intricate system of mathematical functions which describe all the interactions of all those objects and include their wildly varying velocity vectors, sizes, densities, masses, and distances from one another and they are not contained in a fixed size and shape container where frequent collisions will affect their positions as seen by a viewer here on this planet.

      Stars in the sky are placed randomly, and while it should not be so easy to prove it by a statistical analysis of the night sky, I've made a night sky generator that places stars at random coordinates (with random intensities too, but with a particular distribution), and I'm telling you you can see new constellations everywhere.

      And if you think about it, stars don't just look like they're at random places, they're actually pretty much placed randomly, following a certain distribution (in 3D space, on a galactic scale), although they obey rules.

      --
      You just got troll'd!
  73. This confused the heck out of me by blueZ3 · · Score: 1

    Now we have statisticians trying to figure out a smarter way to pay the "stupid tax"?

    I wish that the U.S. would institute a billion dollar lottery as the only form of taxation. 'course, it'd be regressive.

    --
    Interested in a Flash-based MAME front end? Visit mame.danzbb.com
  74. Patterns In by Anonymous Coward · · Score: 0


    in this thug's farts.

    Please peer review articles before posting as stories.

    Ditto For Wolfram's Universal Whatchamacallit.

    Thanks for nothing

  75. Yes but.... by mario_grgic · · Score: 1

    Your assertion is absolutely correct if one assumes that the lottery is not rigged. However, if the lottery is rigged, the the analysis shows what lottery numbers have been rigged most often :). Now does that mean anything for your next selection? Probably not, unless you have some additional insight into the ticket sales and selection of numbers on those tickets.

    --
    As the island of our knowledge grows, so does the shore of our ignorance.
  76. The Winner by bubzor888 · · Score: 1

    I could see where there might be patterns depending on how often they change the balls and clean the insides of the machines.

    Also there's a book about rigging the lotto called The Winner by David Baldacci. He gets a job cleaning the machines and takes 2 sprays that repel each other. Puts one inside by the exit hole and the other on all the balls but the one he wants to come up.

  77. Spock! by Anonymous Coward · · Score: 2, Funny

    ...is that the patterns of stars, planets, and constellations you see in the night sky is not random at all, but rather are arranged by a very intricate system of mathematical functions which describe all the interactions of all those objects and include their wildly varying velocity vectors, sizes, densities, masses, and distances from one another and they are not contained in a fixed size and shape container where frequent collisions will affect their positions as seen by a viewer here on this planet.

    The lotto balls are much more matched in size, shape, mass and density to each other, and they are contained in a relatively small, fixed size container respective in ratio of the volume of all the balls to the volume insode the container, where extremely frequent collisions between the balls will profoundly affect the probability of which ones will get picked by the picking mechanism.


    Spock!
    You're rambling again.

  78. I always love the people by Anonymous Coward · · Score: 0

    who only play when the jackpots are GIANT. Apparently, winning $200 million is worlds different than winning $20 million. Not to mention that since more people are playing for the $200 million, you have a better (worse?) chance of their being multiple winners. Oi.

  79. Re:yes, indeed there *Are* patterns (and not) by untorqued · · Score: 1

    What about the Crusades and Roger Ebert? Or are those only visible at the planearium?

  80. Your post gave me flashbacks by sm62704 · · Score: 1

    I used to eat and drink at a now-closed bar named George Rank's. Great food, reasonable prices, great staff. They had a free drawing every Thursday; whenever you came in and bought food or drink you got a ticket, limit of one per day per patron per bartender. You had to be there to win - If the winning ticket's owner wasn't there at the time of the drawing, the bartender would call him or her on the phone and everyone in the bar would yell LOSER! Then the pot went up by fifty bucks for the next week's drawing.

    I ate lunch there every day, and stopped on the way home for a beer. So I wound up having 10-14 tickets in the bowl on Thursday. I believe I held the record for winning the most pots there. I figure that Dave, the bar's owner, paid a large part of my eye operation (click the sig for details).

    I often remarked that I could win more than the fifty bucks just by not going there. Oddly, right after I started going to a different bar closer to my new home, Rank's closed up for good.

    -mcgrew

    --
    mcgrew's razor: Never attribute to stupidity that which can be explained by greedy self-interest
  81. $1 per week can make a huge difference by Colin+Smith · · Score: 0, Offtopic

    $1 per week invested in developing markets could pay you $120,000 after 25 years. It also happens to improve the lifestyle of those living in the developing markets.

    --
    Deleted
  82. Oblig.: yes, indeed there *Are* patterns (and not) by Anonymous Coward · · Score: 0

    And if you look up in the night sky, you'll see an archer, a bull, a big and a small dipper.

    I live in the Southern Hemisphere, you insensitive clod!

    - T

  83. Selling hope by jgoemat · · Score: 1

    Also, for 1 dollar a week you are buying a mild emotional high when checking the numbers and a mild emotional low when you find out that math pwned you again.

    Actually, I buy lottery tickets because I like thinking about what I would do with all that money. It's just somehow different when you imagine what you would do with millions of dollars when you have an actual chance of getting that money. I already had my chance at $100,000 in POWERball (1 in 12 million odds), but I didn't have a ticket. I always play my birthday and age, and 25 for the powerball. My birthday and age hit but not the powerball, but I hadn't bought a ticket in two weeks. That was a 'mild' emotional low :)

  84. Not a tax on the mathematically challenged by Anonymous Coward · · Score: 0

    I cringe every time I hear someone say that lotteries are taxes on people who are bad at math. Those people don't seem to realize that the lottery is a game, not an investment, and that most people who play (gambling addicts excepted) do so because they enjoy it.

    Then again, when someone says that, it's usually because they feel like being smug, not because they want to add anything to the discussion.

    1. Re:Not a tax on the mathematically challenged by pclminion · · Score: 1

      I cringe every time I hear someone say that lotteries are taxes on people who are bad at math. Those people don't seem to realize that the lottery is a game, not an investment, and that most people who play (gambling addicts excepted) do so because they enjoy it.

      Weird. Most of the time I see people buying lottery tickets, they look... Well, let's just say, they don't look like they have a lot of disposable income. These people typically buy $50 to $100 worth of tickets at a time. I see the same people every freaking time I go into the store. That is not "entertainment," it is addiction.

      Even a reasonably well-salaried person doesn't have $400 a month to drop on lottery tickets.

      And just to be clear, I really don't give a shit if they ruin themselves like that. It's just a sorry thing to see.

    2. Re:Not a tax on the mathematically challenged by Anonymous Coward · · Score: 0

      I could of swore he said "(gambling addicts excepted)"

    3. Re:Not a tax on the mathematically challenged by pclminion · · Score: 1

      I could of swore he said "(gambling addicts excepted)"

      That's my point. At least for me, everyone I ever see buying a lottery ticket is an "addict." So calling the lottery a "tax on the mathematically challenged" isn't really very informative given that so few people play with the honest belief that winning is easy. I don't think even the sorry sons of bitches dropping $100 a week have any delusions that they're going to win -- they just can't stop themselves.

    4. Re:Not a tax on the mathematically challenged by Anonymous Coward · · Score: 0

      "At least for me, everyone I ever see buying a lottery ticket is an "addict." "

      Dude, you need to go to better gas stations.

    5. Re:Not a tax on the mathematically challenged by bmorton · · Score: 1

      Gambling addicts are, by definition, people you'll regularly see buying lottery tickets. A casual player can almost be defined as someone you wouldn't regularly see playing the lotto.

  85. OMG, not *THAT* movie! by LanMan04 · · Score: 1

    The pi graphic attached to this story is more meaningful than at first glance, if any of you remember the movie fractals, numerology, obsession, madness, religion, finding patterns in randomness, etc.

    great movie if you haven't seen it When I first read your comment, what immediately came to mind was this movie (which, you'll recall, also involves the same mysterious number), and I wanted to strangle you to death with my bare hands. Glad to see you're talking about Pi, which is an excellent film.
    --
    With the first link, the chain is forged.
  86. Expected value is irrelevant by p3d0 · · Score: 1

    2. Don't play unless the present value of this week's expected total payout after taxes is less than this week's pay-in. This is a fallacy. The entire notion of "expected payout" relies on the law of large numbers. It is not useful for decision making when you only have one shot at something.

    In other words, even if the expected payout is positive, buying one lottery ticket is still a bad idea because you are going to lose. If you buy the ticket, you will be out $1; you can be as certain of that as you are of anything else you will ever encounter in your life.

    Buying all the lottery tickets, on the other hand...
    --
    Patrick Doyle
    I mod down every jackass who puts his moderation policy in his sig. Oh, wait a sec....
  87. Useless by DerekLyons · · Score: 1

    From the article, it is impossible to ascertain whether or not the equipment used to generate the random sequence has remained identical over the years. On that basis alone, this article is meaningless.

  88. Interesting scam based on that by A+nonymous+Coward · · Score: 5, Interesting

    I was quite amused when I first heard of it. I d onot know if it has ever actually been done, however.

    Pick some random stock, send email to 2*10 suckers that it will go up, and to an equal number of suckers that it will go down.

    Whichever direction it moves, divide that batch of suckers in two, pick some other random stock, send half email taht it will go up and half email that it goes down.

    Repeat until you have only a few suckers left. They will see you as a genius who has correctly predicted the last {n} stock moves correctly. It may be the final sucker, or the last 2, or 4, etc.

    Now tout a stock you have just bought and make some money!

    1. Re:Interesting scam based on that by Zironic · · Score: 1

      It was done by some criminal but with sports games betting and making the sucker pay 10000 dollars for the 5th advice.

    2. Re:Interesting scam based on that by Anonymous Coward · · Score: 0

      What movie was that in? Only slightly illegal to do:-p I'm all for it though, just put me on your list of suckers!

    3. Re:Interesting scam based on that by fruit2 · · Score: 1

      50% customer satisfaction ain't bad.

    4. Re:Interesting scam based on that by Torvaun · · Score: 1

      If you want it to be all legal, you start with a million people, and end by selling 62,500 people a subscription to your monthly stock newsletter. If you've got a disclaimer somewhere that you are not trained as a stock broker, you're completely safe.

      --
      I see your informative link, and raise you a pithy comment.
    5. Re:Interesting scam based on that by Anonymous Coward · · Score: 0

      2 or 4 suckers probably don't have the capital necessary to cause significantly profitable interest but I see your point.

    6. Re:Interesting scam based on that by Anonymous Coward · · Score: 0

      It has been done. Many times. It's a common scam.

      Usually done with sports betting picks though.

    7. Re:Interesting scam based on that by Anonymous Coward · · Score: 0

      That's great, but those 2 people buying aren't going to affect your stock price much...

    8. Re:Interesting scam based on that by Anonymous Coward · · Score: 0

      That would be Securities Fraud and would certainly subject you to civil litigation and possibly criminal liability.

    9. Re:Interesting scam based on that by Anonymous Coward · · Score: 0

      Yes, this has been done for real with sport predictions.

    10. Re:Interesting scam based on that by ArsenneLupin · · Score: 1

      Now tout a stock you have just bought and make some money! ... and notice, to your dismay, that your sucker actually spamcanned your 10 previous mails...
  89. New Jersey tells you what they spend it on by billstewart · · Score: 1
    New Jersey's lottery was sold to the public as "funding for education and old people". But the lottery sales places have to put up posters saying what the state spends it on, and it doesn't match the initial hype. (This is based on my memories of looking at the posters a decade ago, when I lived there, so YMMV.) Only 50% goes to the winners. (They couldn't pay out more, because the Mafia Daily Number pays 60%, and the state wasn't allowed to compete with that.) Some reasonable fraction goes to the ticket sellers, administrative costs, etc. But the next biggest chunk of money went to funding the state prison system, and kids and old people were way far down the list.


    And of course that doesn't tell you what portion of the administrative cost are boondoggle - a few years back I looked into bidding on upgrading Oregon's state lottery network from X.25 to something modern, and it was a total scam - reducing the costs would mean that the agency handling the network would get less money, so they didn't want that kind of upgrade.

    --

    Bill Stewart
    New Fast-Compression-only CPR http://preview.tinyurl.com/dy575ks
  90. John Edwards Refuted by E++99 · · Score: 0, Troll

    I submit TFA is a conclusive refutation of John Edwards' claim that every American should go to college.

  91. Useless without a chi-square. by SEE · · Score: 1

    The patterns are only worthwhile if they give information. They only give information if they're statistically significant. The basic standard for testing for significance is the chi-square test. There is no chi-square test of any kind applied to the data in the article. Therefore, the article is as informative as a 404.

  92. First few graphs all show results within +-3 sigma by mbessey · · Score: 1

    I admit I got bored before getting through the whole thing, but the distribution of winning numbers ranged from between +2 to -3 standard deviations from the mean. That isn't exactly pointing to any numbers with a substantially-higher probability of getting chosen. Pretty Darn Random covers the results pretty well.

  93. Re:How about ANY random numbers? BIBLE CODE by Nom+du+Keyboard · · Score: 1

    I wonder how much ANY random set of numbers would show patterns if one tried hard enough to find them.

    Congratulations, you've just explained The Bible Code.

    --
    "It's the height of ridiculousness to say for those 9 lines you get hundreds of millions."
  94. Mod parent up. by Anonymous Coward · · Score: 0

    The mods are idiots for modding him down. The mod probably suffers from understanding statistics and is just angry that his ticket lost.

  95. How I got Lucky in a Government Lottery by billstewart · · Score: 4, Funny
    I've only participated in one government lottery.
    I didn't win the green suit, M-16 rifle, and two-year all-expenses-paid vacation to exciting tropical Vietnam, or the grand prize magic bullet with my name on it, and since my number was high enough to get classified as 1-H, I didn't even win the third-prize government-health-care physical exam. Haven't bought another ticket from those bastards since then.

    --

    Bill Stewart
    New Fast-Compression-only CPR http://preview.tinyurl.com/dy575ks
  96. Sounds great! Am I missing something here? by StrategicIrony · · Score: 1

    Help me out if i'm missing something here... But $1 buys you a 1 in 175 million chance of winning $370 million. That's better than 2:1 odds FOR you... In other words.... buy $175 million in tickets to have a "sure bet" and you automatically win $370 million. That's a $195 million profit. Of course, minus taxes, it's only $80 million in profit... ????? I've never see a lotto where the odds against were lower than the jackpot... that's not supposed to happen... SI

  97. The lottery can be a great 'investment' by burtosis · · Score: 1
    Actually, when the expected value of the ticket exceeds the purchase price you inevitably win out in the long run. So if for $1 you get a 1 in 170M chance of winning 340M dollars, you should expect $2 for each $1 you 'invest'. The drawback on this investment in this case is the intrest rate. If you bought a ticket a week you could expect the average time to payout to be worse than your offspring evolvong into intergalactic dominating super beings who would just lend you the cash anyhow.

    Plus thats in year 170,002,007 dollars.

    IIRC some Australian firm bought a high percentage of the available combinations, increased the expected time to payuout, and won big for thier investors.

    1. Re:The lottery can be a great 'investment' by WillAffleckUW · · Score: 1

      of course, if you had invested that same money in DRIP stock contributions in reinvested Australian Mining companies you would have made a lot more.

      thus, it's not a good investment. risky. no underlying value. but it is an interesting speculative choice.

      --
      -- Tigger warning: This post may contain tiggers! --
  98. It's *not* normally distributed by billstewart · · Score: 1
    This is a lotto-type game where they draw M of N numbered balls out of a bin (or M bins, I forget which.) That has a distribution that you can calculate, and it's more granular than a Normal distribution. Normal is a useful approximation for many kinds of continuous distributions, and many kinds of distributions will approach normal if you add up enough trials, but it's not the same.


    Another way to look at the problem is that the state's trying to make money, and the statistical properties are simple enough that if they're at least vaguely competent they'll keep the odds correct, and they'll also hire enough auditors to make it hard to get away with deliberately rigging the game. It's much easier to scam the system by getting a sweetheart deal running the lottery terminal network, selling "lucky winning number" books at convenience stores, or telling the winners that you're a corrupt Nigerian official's widowed mother who needs help.

    --

    Bill Stewart
    New Fast-Compression-only CPR http://preview.tinyurl.com/dy575ks
  99. Re:yes, indeed there *Are* patterns (and not) by myowntrueself · · Score: 1

    I always just see a bunch of dots.

    Just like when I was a kid and I got one of those 'split beaver' magazines... I got out my magnifying glass... imagine my disappointment when all I could see was dots!!!

    --
    In the free world the media isn't government run; the government is media run.
  100. Result is only that humans aren't random! by jwiegley · · Score: 1

    The histogram charts seem to reveal that you should pick certain balls to increase your chance of winning but this analysis is fundamentally flawed.

    Why does 7 appear most frequently? Because everybody *thinks* it's lucky. Notice that 13, a number that a majority of suspicious people believe is unlucky, has about the lowest frequency of wins.

    But does believing a number is lucky or unlucky make it so?? In this case... Yes. The numbers published are the winning numbers. For each pot win there are many pot losses that were not analyzed. These losses are what leads to a build up of the pot. The game could yield 13 at exactly the same rate that it yields 7s, but when it yields 13 it is less likely to have a winning ticket because most people avoided 13 and thus it appears less frequently in the list of published winners. Similarly, when it picks seven there is a greater chance that a winning ticket existed because most people pick "lucky 7".

    I'm very certain that if you looked at all draws, every game and didn't care about winners or losers then you would see a very, very even distribution of numbers chosen. Weight of the ink and all that garbage is going to be negligible compared to the impact physics imposed during mixing. (And I would be surprised to find that the MegaMillions lottery commission hasn't balanced the balls to a very fine degree by now... just in case.)

    As proof of my argument, I submit that for the past 246 draws the number 13 has actually been picked 24 times while 1 has only been picked 20 times. For 56 balls, the chance of being chosen in a draw of 6 balls is 10.714% and therefore we would expect each ball to have appeared 26.36 times. Further the analysis curves of ball 1 through 6 are useless as well. Is it any wonder that ball 1 has a greater frequency than ball 13?? No, because the balls are listed in numerical order, not the order chosen. Very few balls are going to beat 1 for the ball #1 position. This poster needs to go back and take a basic course in probability before wasting our time.

    Basically, if you had picked all the "bad" numbers that this study revealed then you would have "scooped" a lot of the pots that had no winning ticket purchased and you would have prevented some of the enormous pots from ever occurring.

    An interesting question though is why has ball 47 been picked only 11 times so far? This is well under the expected 26.3. It would be worth computing, given an even distribution, what the chances are of having a ball picked only 11 times in 246 draws. Sort of like what are the chances of Gildenstern flipping a coin heads up 94 times? It's not that it can't happen, it's just HIGHLY improbable. So much so that other improbable circumstances become worthy of assuming to be at play (such as death.) I wonder what the probability for 11 times is and therefore how much should we consider other circumstances affecting its behavior.

    --
    I will never live for sake of another man, nor ask another man to live for mine.
    1. Re:Result is only that humans aren't random! by Anonymous Coward · · Score: 0

      Those weren't just the winning draws, they were all draws.

  101. More pertinent lifestyle impact by R2.0 · · Score: 1

    Spend $5 on lottery - negligible negative impact.

    Don't spend $5 that my wife requested I spend on lottery, after explaining the statistical realities, the economic unfairness, telling her that she's just not "getting" the point, and being informed of what I wasn't going to be "getting" tonight - MASSIVE negative impact.

    And yes, in effect I am buying sex for $5. Smilin' all the way.

    --
    "As God is my witness, I thought turkeys could fly." A. Carlson
    1. Re:More pertinent lifestyle impact by Hatta · · Score: 1

      Wow, wtf. You should really find someone who actually enjoys sex and doesn't just view it as a bargaining chip to get her way. That's fucked up.

      --
      Give me Classic Slashdot or give me death!
    2. Re:More pertinent lifestyle impact by Damarkus13 · · Score: 1
      Just because they enjoy sex, doesn't mean they won't wield it like a sawed-off shotgun at times.

      *Sigh* If only it weren't so damned effective.

      /me is taking out the trash.

    3. Re:More pertinent lifestyle impact by Hatta · · Score: 1

      Funny, I haven't experienced that. Though I tend to stay away from the manipulative bitches.

      --
      Give me Classic Slashdot or give me death!
  102. 23 Anyone? by Dancindan84 · · Score: 1

    Was anyone else expecting the article to somehow involve the number 23?

    --
    "Always forgive your enemies; nothing annoys them so much." - Oscar Wilde
  103. Re: you didn't help yourself with your red-herring by Anonymous Coward · · Score: 0

    "The only way to prevent somebody from winning, even if the radon were 100% effective, would be for one of the 50 numbers to be unchosen by all of the thousands of lotto players."
    --

    Well, exactly. And the computer keeping track of the all the combinations that were chosen, tells you which number is that 'unique' unchosen number. That is the ball you inject. The seemingly ridiculous 'uncoverer.com' article makes this clear, methinks.

  104. Well known by gweihir · · Score: 1

    It is well known that people do not pick numbers at random and if several winners have to share in a lottery, there are better or worse numbers. It is also well known that the numbers that win are completely random and all seeming patterns are just statistical annomalies that happen all the time. And third, it is well known that most people have no clue about statistics and tend to see patterns or meaning were there is none at all.

    Summary: Nothing to see here, move along.

    --
    Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
  105. This is an insult to statistical analysis by zedeler · · Score: 2, Informative

    Drawing trend lines like what is done in this article shows that the author has no idea of the underlying theory. The fact that the balls are numbered does not mean that it reveals any useful information by charting as done in the article.

    Charting how many times each ball has been drawn against with the corresponding ball number, and then add some kind of trend lines (of #draws against #ball) is misleading and will not reveal any information about future outcomes of the lottery. All the ball labels are interchangeable and since it is very unlikely that they are all drawn an equal number of times, it is most likely that you'll be able to show trends that show higher chances of getting drawn as ball number increases (or decreases or whatever).

    Just to explain the point, lets go back to the day where all the balls were labeled. At that time, there was 50 identical balls with no labels and 50 labels with numbers 1 thru 50. At that time, the balls could have been assigned different numbers that - by accident turned out to place the highest label (50) on the most frequent ball, 49 on the second most frequent ball, and so forth. The result would be a much steeper trend line, telling us that we were "lucky" when the labels were assigned, given the results to date. Any future results will still be evenly distributed.

    One might argue that this analysis could tell if the balls are not equally likely to be drawn (due to physical defects), but in that case it is necessary to do a plain multivariate test with the hypothesis that all balls are from the same distribution.

  106. MOD PARENT UP by Anonymous Coward · · Score: 0

    The first thing you learn in finance or financial analysis is "past results are not a predictor of future results".

    I can't imagine the number of times the prof had to repeat this to the class that believed that just because the probability of flipping a coin is equal over infinite flips, they automatically called the opposite of the most common past result.

  107. Sample Size by BlindSpot · · Score: 2, Informative

    They took 1078 combinations and used them to look for patterns in something with over 175 million combinations. It's been a while since I took statistics, but isn't that sample size way way WAY too small?

    1. Re:Sample Size by Anonymous Coward · · Score: 1, Informative

      It must have been a while, if you've forgotten that the statistical error rate is dependent only on the absolute sample size, and has nothing to do with the total size of the population (or the ratio of population to sample size).

      That's why accurate polling of a population of 300+ million people can be done, with a representative sample of only a few thousand individuals.

      ( http://en.wikipedia.org/wiki/Opinion_poll#Sampling_error )

  108. This is silly by farmhand2020 · · Score: 2, Informative

    He should not be looking at winning numbers but at every drawing. This only seems to point out that people have a tendency to pick certain numbers more than other.

  109. math and the casino scene in Run Lola Run by Anonymous Coward · · Score: 0

    My math mind says the odds are the same everytime regardless of the history of the numbers drawn.

    The other side of my brain says "you create your own reality" and quantum math kicks in. I start screaming as loud and as for long as I can.

    I sometimes ask a friend how much he has spent in the long term vs. how much money he has won -- sort like telling a smoker how much I don't spend on cigarettes. It's not really fair of me to do this because both gambling and cigarettes are addictive. But, I remind my friend every once in a while anyways.

  110. Please elaborate. by Anonymous Coward · · Score: 0

    Your relativity interests me.

    I am an ignorant fool who wants to learn relativity of stocks.
    -- Micheal Bloomberg

  111. Inverse Lotto by Michael+Woodhams · · Score: 1

    I invented* "inverse Lotto" years ago. It goes like this:
    Choose $5 worth of numbers in your local lottery.
    Write them down, but DON'T buy a ticket.
    Watch the draw on TV.
        If they didn't draw your numbers, you've just won $5!
        If they did, you've just lost $370 million (or whatever.)

    * although I'm sure I'm not the only one to have thought of this

    --
    Quattuor res in hoc mundo sanctae sunt: libri, liberi, libertas et liberalitas.
  112. About Time by WiFireWire · · Score: 0

    Finally, a story I can actually USE

  113. Yes, it is pretty random (p-value gt 0.10) by Anonymous Coward · · Score: 0

    This article has funny pictures, but there really is nothing to see here. The numbers are pretty random. Compensating for the four (ouch) different types, I get an overall p-value of 0.792. This means there is absolutely NO statistical significance.

    Number 53 is most frequent and number 55 least frequent, if you compensate for their possible occurrence. Quite uninteresting if you ask me.

    The authors could also have drawn the numbers themselves and come up with similar results...

    You can test it yourself if you have R, and generate a much better picture, if you use the following code:
    big=read.table("big.dat",sep="%",fill=T)
    big$date=as.Date(apply(big[,1:3],1,paste,collapse="-"))
    big$type=ifelse(big$date>"1999-1-13",ifelse(big$date>"2002-3-15",ifelse(big$date>"2005-06-22",4,3),2),1)
    big$maxnorm=c(50,50,52,56)[big$type]
    big$maxspecial=c(25,35,52,46)[big$type]
    maxnorms=table(big$maxnorm)
    p=rep(0,56)
    for(i in 1:nrow(maxnorms))
    p[1:as.numeric(names(maxnorms)[i])]=p[1:as.numeric(names(maxnorms)[i])]+maxnorms[i]*5
    maxspecial=table(big$maxspecial)
    for(i in 1:nrow(maxspecial))
    p[1:as.numeric(names(maxspecial)[i])]=p[1:as.numeric(names(maxspecial)[i])]+maxspecial[i]
    p=prop.table(p)
    allnum=unlist(big[,5:10])
    t=table(allnum)
    chisq.test(t,p=p)
    plot(t/p)

    Get big.dat at http://www.state.nj.us/lottery/data/big.dat

    P

  114. Dave Ramsey quote by Abattoir · · Score: 1

    To quote Dave Ramsey (http://www.daveramsey.com/) - a nationally syndicated radio show host and best selling author in the area of personal finance.

    "The lotto is a tax on the poor and a tax on people who can't do math."

  115. Maybe not in Oz by tqft · · Score: 1

    Down here in Australia - the quick picks are a real gamble - they might or might not do what you say, but I do know they don't always cover every number.

    This Saturday night is a $30m draw and I just bought my ticket out of here for fun and maybe profit. I haven't checked, but have had these tickets before and I know that even with 144 (24*6) numbers you don't always end up with at least one of every 45 available.

    --
    The Singularity is closer than you think
    Quant
    1. Re:Maybe not in Oz by bentcd · · Score: 1

      This Saturday night is a $30m draw and I just bought my ticket out of here for fun and maybe profit. I haven't checked, but have had these tickets before and I know that even with 144 (24*6) numbers you don't always end up with at least one of every 45 available. As far as I can tell from the above information, there should be about an 84% chance of at least one of the 45 numbers not being present among 144 random selections of those numbers:

      Chance that any one number is present in one given position: p0 = 1/45
      Chance that any one number is present in any one of 144 positions: p1 = 1 - (1 - p0)^144
      Chance that all 45 numbers are present among the 144: P = 1 - p1^45
      P = 1 - (1 - (1 - 1/45)^144)^45 = 1 - (1 - (44/45)^144)^45 = 0.8355

      Of course, if there is some rule as to what numbers can be on a ticket, that could change matters.
      --
      sigs are hazardous to your health
    2. Re:Maybe not in Oz by tqft · · Score: 1

      I can't comment on your combinatorics as I hate that as a subject. But I have no reason to doubt. Once I can work out how to tackle the question it is straightforward. It is getting the math setup right that screws me.

      I would just expect 144/45 of each number to be there - that may be the lazy physicist in me.

      I used to work a lot with statistics and I know I don't like them.

      One of my rules (possibly stolen from someone): statistics are easy to calculate but hard to interpret.

      Once upon a time when I cared more about the numbers I wrote a small Basic (Qbasic I think) program that gave spat out as many games as I wanted covering all the numbers - guaranteed. How easy - it wasn't guaranteed to terminate, it just kept iterating until it did.

      --
      The Singularity is closer than you think
      Quant
  116. yeah, but it still did some good by Anonymous Coward · · Score: 0

    Sorry your dad didn't get to spend the money on cigarettes and stuff. But if the money went to a poor country, I expect it still helped someone even if it was fraudulently obtained. When something like this happens, some people will say "see, you shouldn't give, it does no good" and others will say "wow, they really need money over there!"

  117. How about numbers chosen by players? by jemenake · · Score: 1

    Although it would require crunching a *lot* more data (which he probably can't get his hands on), I think it would be more instructive to look at the distribution of numbers chosen by players?

    Since you have to share the pot with all other winners, choosing common numbers (like the date, say), can increase your odds of having to share... which probably affects the expected value of your ticket *vastly* more than any statistical anomalies in the distribution of winning numbers.

  118. at $350MM, it's rational to play by Anonymous Coward · · Score: 0

    The odds are 175MM to 1, and they, basically, lie about the NPV of the annuity -- discount the advertised payout by 45% to get the after-tax cash value of the payout. So with these numbers, the expected return on $1 is, aw, who cares, about $1.10. Point is, once the pot gets big enough, a rational person will play the lotto.

  119. Sample size by dgun · · Score: 1

    too small?

    --
    FAQs are evil.
  120. Out here in California by Degrees · · Score: 1
    Out here in California, the state lottery was sold to the public as a way to fund education. Problem is, the first year, the lottery brought in an extra $400 million. The next year, Sacramento transferred $400 million less into the education fund from the general fund, and spread the new found wealth in the general fund into everything except education.

    So on a technicality, they did right: all the non-payout money (minus expenses) went into the education budget. But the total funding for education didn't rise (except for the single initial bump).

    --
    "The most sensible request of government we make is not, "Do something!" But "Quit it!"
  121. Ahh memories... by ZuluZero · · Score: 1

    In high school in the mid 80's, my math lesson taught me that all the balls in the lottery had an equal chance of being drawn. Furthermore, over time and sufficient draws, all the balls would be selected equally, or close enough. "Lay people" struggled to pick lucky numbers, and it was quite popular to pick numbers which had been chosen a number of times in recent weeks. But not me, I was educated. I formulated the reverse theory: that numbers that had been neglected were "overdue" and more likely to be picked in the future, to preserve equality and randomness. Eureka! I toiled for months, on paper at first, then on my first PC's. I learned how to program in Pascal just to further my project. I scanned newspaper microfiche and requested data from the Lotto corp. In the end I assembled over 10 years worth of winning Lotto 639 numbers, thousands of them, and made my computations of weighting. I then began systematically betting small amounts on the most "unpopular" numbers. I won a little, lost a little, leaving me a few dollars ahead, literally. Like $4. By this time, I just started university. After making friends with a few upper-year classmates, they eventually learned of my big secret project. One of them was kind enough to break the news to me: I would learn that my theory was utterly crap, as soon as I took my first stats course. I verified the bad news in the library, myself. Over a year of hard work, completely wasted. My naive pet theory debunked. And worst of all, I had learned Pascal. Doh!

  122. Nonsense Graphs by information_retrieva · · Score: 1

    I knew the analysis was garbage when I saw that the graphs were continuous. The frequency counts are not meaningful for ball number 32.51792 and yet, if you look at any of the graphs, there is frequency count for it.

    It makes the whole thing look a bit like a junior-high science project.

  123. Random Lottery by JWSmythe · · Score: 1

    I did something like this against the Florida Lottery.

        It was interesting. I had tried a long time ago, when my database and programming skills weren't quite all that great (like, quite a while ago). It was very klunky, but I was able to establish slightly better odds.

        This last time around, with a longer set of numbers, I gave it another shot. I downloaded the lottery history, which ran from May 1998 to Feb 2007 (which is when I stopped playing with it). I end up with a 2% variance, from over 8000 draws. I also let it draw upon the recent history, so if some factor changes with the machines and/or balls, that would be compensated for.

      I dumped all the numbers into a database, and then started analyzing them. Once I was satisfied with my method, I put together a web interface so I could set a few variables, and let it run through history, starting on the first pull.

        When we got pretty deep into it, things got interesting. Using variations on all time and recent ball history, I worked it through to win with all 6 balls twice a year, and a few 4 and 5 balls wins, by spending $100k per lottery drawing. So, for an investment of $5,200,000 every year, you could walk away with quite a few more millions. :)

        Needless to say, I couldn't refine it any more (more like I didn't bother), and when I mentioned it to a few friends, we couldn't rationalize finding $100k at a shot to potentially blow on a losing venture, even if it would win twice a year. 1:26 or even 1:52 is a hell of a lot better than 1:16,529,385,600

        Anyone really interested in seeing my work can contact me via my site (which is linked from my profile here). Maybe you can increase your odds. :) If you win, kick a little back to me.

    --
    Serious? Seriousness is well above my pay grade.
  124. shhh dont tell nobody by Joebert · · Score: 1

    In other news 1,000,000 Slashdot readers went on a rampage after hitting the megamillions jackpot & only winning $370.

    --
    Wanna fight ? Bend over, stick your head up your ass, and fight for air.
  125. Re:Sounds great! Am I missing something here? by MLease · · Score: 1

    1. They won't allow someone to plop down $175 million and just buy all the numbers. The buyer would have to fill out betting slips individually. One could hire people to do it, but that would eat into the profits.

    2. Jackpots are always quoted as $370 million or whatever, but what that really means is $18.5 million per year for 20 years (or possibly $12.333... million per year for 30 years). If you want the lump sum (which the multi-state lotteries apparently have to offer by federal law; single-state lotteries don't have to, and I know Massachusetts doesn't for their own Megabucks game), it's maybe a bit more than half of the quoted jackpot (the exact amount depends on what the annuity they have to buy to fund the jackpot will cost).

    3. There's always the possibility that one or more other bettors will hit the winning combo along with you, cutting your proceeds in half or worse, destroying your profits.

    So, yeah, I think you're missing something here! :)

    -Mike

    --
    I'm sorry; I don't know what I was thinking!
  126. Missing option by MacDork · · Score: 1

    There is always the possibility that the stock is flat. If up or down were the only two possibilities, we'd all be zillionaires from option trading by now :-)

  127. This is spam, remember? by A+nonymous+Coward · · Score: 1

    Start with 2**20, 1 million, and go down to the last 1024.

    You need to stop being an anal retentive pessimist looking at the clouds and start being an optimist looking for the silver linings.

  128. Grammar Firing Squad: Ready, Aim... by Anonymous Coward · · Score: 0

    "Most Everyone": Tsk.

  129. But.. by Anonymous Coward · · Score: 0

    I did not read the article, & neither did I purchase any lottery. But look, I won $370Million in Nigerian lottery. There is a rider though - I need to transfer Mr.Mbwamba $300 to do an online transfer. I will not give his email Id for my security.

    Laugh. Its a joke.

  130. Dilbert statistics by Anonymous Coward · · Score: 0

    Dilbert cartoon:

    Tech Guy looking at machine: This is our new product - a Random machine generator
    Random Machine Printout: 8, 8, 8, 8, 8,.....
    Dilbert: Um, are you sure it's working correctly?
    Tech Guy: That's the problem with random, you can never be sure.

  131. You need to take into account machine updates by AbRASiON · · Score: 1

    Err no, I didn't read the article!

    BUT If it didn't cover it, it should.
    I've always figured predicting the lottery is extremely unlikely but mildly possible, when analysing historical numbers, in my opinion the second the machine is replaced for a newer model you need to scrap your numbers.
    We change ours here in Australia on the main lotto, every 5 years or so (very rough guess)

    If you follow the patterns of only the latest machine, well you might double your chances! - still incredibly unlikely but possible.

  132. Not enough data to make conclusions! by tsvk · · Score: 1

    (I may be repeating someone else, but I do not have the time to read through all the comments...)

    There is really not enough historical draw data to analyze whether there are any statistical anomalies in this particular lottery or not. So while analyzing the draw data might be fun, it is completely useless and has no practical bearing.

    As I understand, the lottery in question has two draws per week. That's about 104 draws per year. And the author states that the lottery has been running since 1995, that is for about 12 years. About 12 years * about 104 draws/year = about 1248 draws. And as the author himself states, the odds of winning the jackpot is 1 in 175,711,536 which means that there are 175,711,536 different draw outcomes. And only about 1248 of those have been drawn already. That is, of the total "outcome space" only a miniature fraction of 1248 / 175,711,536 = 7,1026e-6 has already occurred. Judging from this fraction only, we cannot say whether the numbers are biased or not, we need more data. And if the data might seem biased now, I am quite sure that the numbers will even out given enough time... for all the draw outcomes to have a chance of occurring at least once, we will need to wait for roughly 140,000 years.

  133. The Simpsons have done everything by MojoStan · · Score: 2, Funny
    Homer: Denver just won the ballgame!

    Lisa: Oh, the Broncos won?

    Homer: Why didn't I bet on them like Professor Pigskin told me to?

    Lisa: Who's Professor Pigskin?

    Homer: (Holding Professor Pignskin pamplet) He's a pig who can predict football winners in advance!

    Lisa: How is that possible?

    Homer: Because he's got something no gambler's ever had: a system! I've gotten the pamphlet four weeks in a row, and every time, the pick-of-the-week has been right on the money.

    Lisa: Ah... I get it. Every week, they send out two pamphlets, half picking one team and half picking the other. Eventually, there's a small group of people who only receive the correct predictions and think Professor Pigskin is always right. That's when they ask for your money.

    Homer: I have money!

    Lisa: Dad, it's a scam!

    Homer: A scam?! Not according to Eddie F. From Tucson, or Football Millionaire in Beloit, Michigan.

    --
    TO START
    PRESS ANY KEY

    Where's the 'ANY' key? I see Esk, Kitarl, and Pig-Up...

  134. You are helping a child by buying lottery tickets by brunes69 · · Score: 1

    The money the government collects from lotteries doesn't vanish into thin air. It is a very important source of revenue for the state. In most cases I know of in the US the money from the state lotto is directed either in whole or in part directly into the public school system.

    If everyone stopped buying lotto tickets and started sponsoring kids in Africa instead then the state would not be able to find your schools, and in a couple of decades you'd have to be sponsoring "3rd world kids" in the US.

  135. Same thing by Dausha · · Score: 1

    Back in 2000-2003, I would routinely enter in the numbers for the MegaMillions and run them to see which numbers came up more often. That's essentially the same thing he's doing here. I stopped because it really seemed pointless. Later, the MegaMillions *released* the numbers, which means they encourage this sort of activity.

    So, I pondered what this could mean. I assumed that certain numbers came up more frequently because some balls had trivial differences in weight which resulted in some balls being favored. When they released the numbers, I realized they could afford to change the balls out every time. Think about how much a few score ping-pong balls cost in light of how much the corporation that manages MegaMillions rakes in.

    This means that the numbers aren't really the same every time. They weight of the "1" ball changes each time, which means that one time it's 1.0001 and the next time it's 1.0120.

    --
    What those who want activist courts fear is rule by the people.
  136. Play the People, not the Random Number Generator by giafly · · Score: 1

    and you'll win more. Probably not enough to make a profit though.

    Almost everyone knows not to bet 1,2,3,4,5,6 because there are a few hundred morons who already pick this sequence and if it wins the jackpot will be split between them.

    Less obvious is that some people pick numbers based on dates, or phone number digits, or the numbers sports players wear. These are biased towards small values, so you should do the opposite and prefer big numbers, to reduce the chance of a split jackpot.

    Or course, some lotteries don't let you choose numbers, in which case all you can do it wait for roll-overs to boost the prize fund.

    --
    Reduce, reuse, cycle
  137. Dutch 'staatsloterij' by flok · · Score: 1

    I also perform these analysis (well, a little less elaborate) on the outcomings of the Dutch "Staatsloterij". One can find these here (updated every month).

    --

    www.vanheusden.com - home of Multitail, HTTPing, CoffeeSaint, EntropyBroker, rsstail, bsod, listener, nagcon, nagi
  138. You are like a lottery ticket by awarlaw · · Score: 1

    A conversation in High School:
    GF: "Honey, what do I mean to you?"
    ME: "Babe, to me you are like a lottery ticket, you could be worth millions but you're usually only worth a buck...."

    She didn't talk to me for a week....

    -AL

    --
    TIME is the Aether...
  139. Linear trends ... huh? by rebill · · Score: 1

    Looks like it is time for a BadStatistics web site to go up there with BadAstronomy.

    The original article says this:

    The first version of the BigGame is the only drawing with a descending trend line that when combined with the deviations identify the distribution as slightly abnormal

    but it later explains:

    As such, positional analysis focused on how the numbers are stratified within their given position

    The specific problem is that there are 52 independant entities bouncing around in that chamber that happen to have numeric labels on them. The author sorts the data based on those labels, and runs a trend analysis that relies heavily on the sort order, in order to draw a conclusion that "the trend" is "abnormal" or "normal".

    That effectively reduces a n^52 polynomial down to a n^1 polynomial. I would accept a conclusion based on 170 data points (1 lotto drawing is one data point) for a n^1 polynomial ... but for a n^52? Not a chance. Give me a few billion data points for that polynomial, or proof that reducing the system down to that sort order is, in fact, valid.

    --

    Chivalry is not dead, it's just frequently misspelt. - M. Langley

  140. Hmmmm. by C.+A.+McClellan · · Score: 0

    The lottery is a tax for poor people who are bad at math.

  141. Yeah right by woolio · · Score: 1


    Random things.. happen.


    Normally I would agree... But given the history of Las Vegas:

    Tommy! Guewss what?

    It -
    ain't -
    your -
    luckwy -
    day.

    Let's take a ride.

  142. You are looking at the wrong distribution by Anonymous Coward · · Score: 0

    Hi,

    you are lucking a the wrong distribution. The skew of the numbers in the lottery compared to equal distribution is negible low, well within expected limits I say.

    On the other hand the distribution of numbers guessed by people is far from an equal distribution. So while all outcomes are equaly likely the expected win is not the same for every outcome. Many people pick for example 1,2,3,4,5,6 so the win, if that combination does come up, is only a fraction of the jackpot. Scientific america had an article about the distribution of peoples guesses a few years back and there where some definite patterns there.

    MfG
          Goswin