5/8 Lotto pool (For 5/11 pool see Vivi's thread)

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JEDI

Lifer
Sep 25, 2001
30,160
3,302
126
or wait till it crosses the $200M mark?

edit:
it seems Megamillions is the better bang for the buck right now

at $126M, it's 3/4 of Powerball jackpot but U BUY twice as many tickets thus twice the chances of winning.

so wait till Megamillions becomes $200M?


edit2:
ATOT lotto group buy-> http://twopumpchumps.com/forums/index.php/topic,15003.0.html

Edit3: group buy for 5/8 for Powerball drawing if noone wins 5/4

edit4: noone won. Now $222M. we're ON!
edit5: noone won 5/8! $270M now.
if rolling over the $ won so far-> Logistics of a group buy if new people enter the group?

edit6: Vivi's thread about $270M Powerball pool
http://forums.anandtech.com/showthread.php?p=34995144

Sorry. No AnandTech lottery group buys. See this thread.
admin allisolm
 
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Juddog

Diamond Member
Dec 11, 2006
7,852
6
81
I'd be in for $10, assuming Vivithemage would be interested in running another pool.
 

WaTaGuMp

Lifer
May 10, 2001
21,207
2,506
126
What the fuck, I haven't checked my tickets yet, thanks for telling me I didnt win. Next time use a spoiler alert.
 

WaTaGuMp

Lifer
May 10, 2001
21,207
2,506
126
ROFL, just checked my tickets, I had the Powerball, I won $4. First time ever playing it. Too bad I spent $6.
 

Tweak155

Lifer
Sep 23, 2003
11,448
262
126
How did the group buy work? Everyone pitches in the same $$ or does the amount you "donate" change what portion of the winnings you receive?
 

Krazy4Real

Lifer
Oct 3, 2003
12,222
55
91
The last time we did this, you could only buy one $10 share. If we allow people to buy multiple shares this time, I suggest that we make it in even multiples. Like $10, $20, $30, etc. It keeps it cleaner, and they need to make sure that everyone knows that a person bought multiple shares up front so there are no issues later on.
 

Juddog

Diamond Member
Dec 11, 2006
7,852
6
81
I believe it would be best if multiples are not allowed; it makes it too difficult for the person running the group buy.

Vivi wru?
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,425
8,388
126
mega is a better buy cuz you can get twice as many tickets.
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,425
8,388
126
For 2/3 of the winnings.
it's actually 3/4 right now. twice as many chances at 3/4 the winnings is much better spending of your stupid tax money.
 
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Baked

Lifer
Dec 28, 2004
36,152
17
81
I'm gonna get my friend to buy in with me. I'm not sharing with you assholes this time.
 

sixone

Lifer
May 3, 2004
25,162
4
61
it's actually 3/4 right now. twice as many chances at 3/4 the winnings is much better spending of your stupid tax money.

If you're in by yourself, absolutely.

But when you've increased your chances of winning by 5 or 10, depending on how many people enter, the better bet is on the bigger pot.

Powerball is at $191 million x .66 = MM at $126 million.
 

ViviTheMage

Lifer
Dec 12, 2002
36,190
85
91
madgenius.com
The last time we did this, you could only buy one $10 share. If we allow people to buy multiple shares this time, I suggest that we make it in even multiples. Like $10, $20, $30, etc. It keeps it cleaner, and they need to make sure that everyone knows that a person bought multiple shares up front so there are no issues later on.

I like this idea better...with a cap of 5 shares or something?

Do you guys want me to start it up, or wait until it gets into 200 range?

Per my discussion with the mods, we'll just have to run it on my site again or something, and not on AT like we did the first go around.
 
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jpeyton

Moderator in SFF, Notebooks, Pre-Built/Barebones
Moderator
Aug 23, 2003
25,375
142
116
I don't think our last two group buys even started until it crossed the $400m mark.
 
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