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  LiveWire / Teen Forums / Deep Thoughts & Random Musings / Viewing Topic

Why do I think these things?
Replies: 12Last Post Oct. 6 12:24pm by handsfree
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( themagicposition )


Executive
Reply
The chance of winning the lottery is 1 in 14,000,000,


well if you were loaded and had £14 million to spare,
then buy 14 million lottery tickets of every combination.

and say if the jackpot is like £20,000,000, you would win and make a profit.

Rightt?

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11:39 am on Oct. 6, 2008 | Joined Jan. 2008 | 186 Days Active
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trivium995


Executive

Sustainer
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well done. you just stated the obvious.

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you never ever believed in me
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11:40 am on Oct. 6, 2008 | Joined Mar. 2008 | 78 Days Active
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imakethetest66


Penissaurus Rex

Patron
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You have a better chance of getting hit by lightning.

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- Eat me!
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11:40 am on Oct. 6, 2008 | Joined Jan. 2005 | 589 Days Active
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DanniM45


Quality Control Engineer
Reply
Right
But I don't have £14 million so I don't really care lol

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11:40 am on Oct. 6, 2008 | Joined Sep. 2008 | 45 Days Active
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EmerleeX


Dairy Product Addict
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If I had £14 million to spare.. I wouldn't waste time and effort on lottery tickets (:

11:41 am on Oct. 6, 2008 | Joined Oct. 2007 | 97 Days Active
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SpM


chillaxed

Sustainer
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You'd have to buy every ticket to ensure a win, and then jackpot is always smaller than the sum of the ticket prices.

How do you think they make a profit?


11:41 am on Oct. 6, 2008 | Joined Feb. 2007 | 445 Days Active
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handsfree


Soothsayer
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Quote: from EmerleeX at 1:41 pm on Oct. 6, 2008

If I had £14 million to spare.. I wouldn't waste time and effort on lottery tickets (:

This.

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Cytopathology lova'


11:42 am on Oct. 6, 2008 | Joined Sep. 2007 | 332 Days Active
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( themagicposition )


Executive
Reply
Quote: from handsfree at 7:42 pm on Oct. 6, 2008

Quote: from EmerleeX at 1:41 pm on Oct. 6, 2008

If I had £14 million to spare.. I wouldn't waste time and effort on lottery tickets (:

This.


but then you'd have £20,000,000.


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Je suis incognito ici faites le savoir.


11:43 am on Oct. 6, 2008 | Joined Jan. 2008 | 186 Days Active
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EmerleeX


Dairy Product Addict
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Quote: from themagicposition at 11:43 am on Oct. 6, 2008

Quote: from handsfree at 7:42 pm on Oct. 6, 2008

Quote: from EmerleeX at 1:41 pm on Oct. 6, 2008

If I had £14 million to spare.. I wouldn't waste time and effort on lottery tickets (:
 

 This.


but then you'd have £20,000,000.


But if I put it in a bank... I'd probably be able to get that much on interest without actually having to do anything  


11:44 am on Oct. 6, 2008 | Joined Oct. 2007 | 97 Days Active
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Boondox


Wealthy Hobo
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Quote: from DanniM45 at 11:40 am on Oct. 6, 2008

Right
But I don't have £14 million so I don't really care lol

this

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11:45 am on Oct. 6, 2008 | Joined Nov. 2007 | 135 Days Active
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( themagicposition )


Executive
Reply
Quote: from EmerleeX at 7:44 pm on Oct. 6, 2008

Quote: from themagicposition at 11:43 am on Oct. 6, 2008

Quote: from handsfree at 7:42 pm on Oct. 6, 2008

Quote: from EmerleeX at 1:41 pm on Oct. 6, 2008

If I had £14 million to spare.. I wouldn't waste time and effort on lottery tickets (:

  This.


 

 but then you'd have £20,000,000.  
 


But if I put it in a bank... I'd probably be able to get that much on interest without actually having to do anything



ah yes

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Je suis incognito ici faites le savoir.

11:47 am on Oct. 6, 2008 | Joined Jan. 2008 | 186 Days Active
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physicsmajor


Advisor
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you don't get lump sum.

it woudl be a net loss compared to what you would have if you invested that origional amount


11:59 am on Oct. 6, 2008 | Joined Aug. 2008 | 40 Days Active
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handsfree


Soothsayer
Reply
Quote: from themagicposition at 1:43 pm on Oct. 6, 2008

Quote: from handsfree at 7:42 pm on Oct. 6, 2008

Quote: from EmerleeX at 1:41 pm on Oct. 6, 2008

If I had £14 million to spare.. I wouldn't waste time and effort on lottery tickets (:
 

 This.


but then you'd have £20,000,000.


I could easily make the 300% profit out of the initial 14M pounds in a shorter time and with lower risks.

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Cytopathology lova'


12:24 pm on Oct. 6, 2008 | Joined Sep. 2007 | 332 Days Active
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