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I have given up on Cash4Life(NY Lottery)

Discussion in 'Non-Vegas Chat' started by Gomar, Aug 17, 2014.

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  1. Gomar

    Gomar Low-Roller

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    Eventhough I have won some $24 on it, the odds are pretty bad. 1:26480 for $500 when Take5 is 1:3387, oh and you get the pleasure of paying $2!<br>
    Even the 2nd prize is equal per odds to Take5.<br>
    Yes, the game is better than PB, MM, Lotto; but most won for jackpot is $9m for 25 years, while MM is now $160m. <br><br>
    I have no idea why SweetMillion was ended and replaced by this garbage?!
     
    Gomar, Aug 17, 2014
    #1
  2. Piggylane

    Piggylane Well-Known Member

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    All State lotteries all voluntary taxes for the mathematically inept. If you are happy paying additional taxes to the State of NY, just send them a check, it's easier. The overall payback from most state lotteries is reportedly near 50%. I ran the NY Keno payback and if I remember correctly it's about 59%. Would you sit and play at a videopoker machine with that pay schedule?

    I blew lots playing the Mass lottery years ago. I did hit a $50,000 scratch ticket in 2008 and had a few daily numbers hits but after 20 plus years I figure I came out even or only slightly ahead. I see them blowing money on things I don't want to support, like common core, with my taxes so I refuse to buy even a single dollar ticket now.

    Someone has to win but the odds are too great for me.
     
    Piggylane, Aug 18, 2014
    #2
  3. lithium78

    lithium78 VIP Whale

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    Yeah, I don't play the lottery anymore either. The only times I play are when people gift me tickets for my birthday or Christmas. I will not waste a single penny on something with such terrible payouts. At least at casinos, you will get free drinks when you lose your money.
     
    lithium78, Aug 18, 2014
    #3
  4. Mitkraft

    Mitkraft VIP Whale

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    Bitching about lottery odds is kinda like complaining about room quality at Imperial Palace isn't it?
     
    Mitkraft, Aug 18, 2014
    #4
  5. Piggylane

    Piggylane Well-Known Member

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    I wouldn't know about the Imperial Palace, I was never depressed enough to stay there. I've heard they gave you one free bed bug for every three you found though.
     
    Piggylane, Aug 18, 2014
    #5
  6. LV_Bound

    LV_Bound VIP Whale

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    Remember you gotta be in it to win it. :thumbsup:
     
    LV_Bound, Aug 18, 2014
    #6
  7. dfalk

    dfalk VIP Whale

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    I only play when the jackpot is super big, like 300+ million. It entertaines for me a day or 2 thinking about everything I'd do with it. Sometimes i'll buy a couple $1 scratch tickets when at the gas station buying a case or beer or something but that's about it.
     
    dfalk, Aug 18, 2014
    #7
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