Oasisman
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August 25, 2021, 10:04:21 PM |
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This might not be luck but more of a strategy in winning once in a lifetime lottery. Most of the time I was thinking, If you're betting in a lottery you're like saving your money to the lottery company and earn everything "IF" you win. But If you're not, you're actually giving out free money.
In this case, 30 years before winning the lottery is no joke. This requires a lot of patience, consistency, and dedication to hit those combination. I have calculated, If the amount of $18m equates the amount of money he spent everyday to buy the tickets. But no, he actually made a good profit out of all those tickets he bought for 30 years. If you're saving money for 30 years to reach $18m, you need to save at least $1,600+ everyday. Tickets are like $30-$50 anyway.
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Oilacris
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August 25, 2021, 10:10:30 PM |
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Lmao, I wonder how much he spent on these lottery tickets.
Even a broken clock is right twice a day. I highly suggest that nobody repeat what this man has done because he has incurred a massive negative EV and just got extremely lucky. 99/100 times if you play a lottery daily, you will end up not hitting the jackpot even after a long time horizon.
Don't forget that mainstream media tend to give the tiny portion of wins all the coverage and therefore induce survivorship bias.
So lets presumpt and i dont know if this is a Powerball, Megamillions or Lotto 47.Basing off with the draw schedule which is average of 2x per week and if he had stick out on using same combinations and payment (also changes) but lets presume that it is fixed. So if there are 52 weeks in a year then that would be $36 x 52 = $1,872/ year x 30 years = $56,160 which i could really say that it is really worth of the time and money they've spent. This is something that you have no doubts if you are in losses because it does able to cover up your expenses on past 3 decades.
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eaLiTy
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August 25, 2021, 10:18:01 PM |
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On one of those things that we all wished happened to us, a 61 year old man that has been playing the same numbers for 30 years finally won the lottery and won 18.41 million dollars, he explains that each time he placed the bet he thought about changing the numbers but he decided against doing so each time, there is no explanation of where the numbers come from but I suppose they must mean something, otherwise it would be difficult to believe he could keep playing the same numbers over and over again.
Would you be able to do it? Playing the same numbers over and over again like this? Because I know that I will not have the patience to do this during 30 years. After reading this feat of taking the same number for 30 years is insane, the first thought that went into my mind is that how much money he might have burned taking the lottery for the past 30 years. After reading the article i assume it is $1 but how many he spent for that $18 million jackpot. What ever it may be the article looks like an advertisement for the lottery ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) .
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Hamphser
Sr. Member
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Vave.com - Crypto Casino
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August 25, 2021, 10:23:58 PM |
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This might not be luck but more of a strategy in winning once in a lifetime lottery. Most of the time I was thinking, If you're betting in a lottery you're like saving your money to the lottery company and earn everything "IF" you win. But If you're not, you're actually giving out free money.
In this case, 30 years before winning the lottery is no joke. This requires a lot of patience, consistency, and dedication to hit those combination. I have calculated, If the amount of $18m equates the amount of money he spent everyday to buy the tickets. But no, he actually made a good profit out of all those tickets he bought for 30 years. If you're saving money for 30 years to reach $18m, you need to save at least $1,600+ everyday. Tickets are like $30-$50 anyway.
When it comes to lottery then i dont really believe nor consider about some sort of strategy because any results could be random and it is just talking about odds on hitting the jackpot. So here's the odds: The odds of winning the Mega Millions jackpot are one in 302.6 million and the odds of winning the Powerball jackpot are one in 292.2 million, according to Lottery USA.Source: https://www.jpost.com/international/michigan-man-wins-big-by-studying-previous-lottery-numbers-676203It is just this man is really lucky on betting lottery even though it do almost cost a half of lifetime.
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Fredomago
Legendary
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August 25, 2021, 10:23:58 PM |
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Lmao, I wonder how much he spent on these lottery tickets.
Even a broken clock is right twice a day. I highly suggest that nobody repeat what this man has done because he has incurred a massive negative EV and just got extremely lucky. 99/100 times if you play a lottery daily, you will end up not hitting the jackpot even after a long time horizon.
Don't forget that mainstream media tend to give the tiny portion of wins all the coverage and therefore induce survivorship bias.
So lets presumpt and i dont know if this is a Powerball, Megamillions or Lotto 47.Basing off with the draw schedule which is average of 2x per week and if he had stick out on using same combinations and payment (also changes) but lets presume that it is fixed. So if there are 52 weeks in a year then that would be $36 x 52 = $1,872/ year x 30 years = $56,160 which i could really say that it is really worth of the time and money they've spent. This is something that you have no doubts if you are in losses because it does able to cover up your expenses on past 3 decades. With your computation I think I will also do the same, with how he trust the winning combination even it took him 30 years the wait still worthy as he's going to enjoy he's retirement with a huge amount of money, sometimes when luck really permits things to happen for you. It's going to change your life for good. Hoping that he will use the money the right way, not the same with those people who just enjoy the money in a short span of time.
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robelneo
Legendary
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August 25, 2021, 10:41:41 PM |
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30 long years, sure is a long wait, for him to keep his faith in those numbers, although already old he knows what he'll do with the money that is why he opted for a one-time lump sum, he knows that time is now short for him, might as well do what he wanted to do there's is no information on the winner but at that age and with that kind of patience I'm sure he is matured enough to decides what's best for his money.
It's not easy to keep up with that numbers for a very long time, it's a combination of faith and patience and his story is another great example that there is a reward for being patient.
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Johnyz
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August 25, 2021, 10:55:11 PM |
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He considered that as his lucky number, and it pays it all right now I imagine how much money he already spend on Lottery for 30 years, I can’t do this honestly such a great commitment. Fortunately, he’s still young (a senior) but still, he can use that money for whatever he wants to buy and got to, congrats to that lucky guy!
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just_Alice
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August 25, 2021, 11:03:49 PM |
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For 18 million dollars? Yeah, I’d have the patience ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Besides, it is easier when you realize that by playing the same number over and over you somewhat increase your chances of winning, as there’s a probability that a certain number will hit someday, but if you do different numbers, you risk missing that event. By doing the same all the time, on the other hand, you’ll never miss it. So if you follow this rule, breaking it and choosing another number would simply be irrational.
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Rengga Jati
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August 25, 2021, 11:05:00 PM |
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Would you be able to do it? Playing the same numbers over and over again like this? Because I know that I will not have the patience to do this during 30 years.
So, this is truly pure luck that sides with someone who has played very patiently and in a very long period of time. 30 years is not a short time. I can't imagine playing gambling during that time and with the same number. I personally do not include people who are always lucky with things like this. So I personally won't do this, especially we don't know what amount and when we will win.
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Vaskiy
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August 25, 2021, 11:06:01 PM |
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This isn't an easy thing, because we won't be able to play on a dice with a specific number for few consecutive rolls. There is difference between a dice roll and lottery, however both requires patience. In such a means I'm quite surprised by his patience to play on a single number and his patience have rewarded him. He's not the one to have such patience, there might be more and more following the same principle. Now he have come to light through his winning.
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Maslate
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August 25, 2021, 11:07:03 PM |
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On one of those things that we all wished happened to us, a 61 year old man that has been playing the same numbers for 30 years finally won the lottery and won 18.41 million dollars, he explains that each time he placed the bet he thought about changing the numbers but he decided against doing so each time, there is no explanation of where the numbers come from but I suppose they must mean something, otherwise it would be difficult to believe he could keep playing the same numbers over and over again. Would you be able to do it? Playing the same numbers over and over again like this? Because I know that I will not have the patience to do this during 30 years. https://www.clickondetroit.com/news/michigan/2021/08/25/michigan-lottery-man-who-played-same-numbers-since-1991-wins-18m-jackpot/That he is a lucky person and we can't sure if it will happen to us. He has a different story and we also have our own. Maybe because he patiently waited for that time and spend millions of dollars as well. It couldn't be called as he deserves it but purely it was his lucky day and a lucky number for that day. I certainly don't think this was a good idea, I dare not to do that but instead to run a good business maybe I could get more. I'd try the lottery for almost a year and have nothing to get, so I stop and look for another.
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Quidat
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August 25, 2021, 11:09:52 PM |
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For 18 million dollars? Yeah, I’d have the patience ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Besides, it is easier when you realize that by playing the same number over and over you somewhat increase your chances of winning, as there’s a probability that a certain number will hit someday, but if you do different numbers, you risk missing that event. By doing the same all the time, on the other hand, you’ll never miss it. So if you follow this rule, breaking it and choosing another number would simply be irrational. Yeah you do have the patience and the money to spent on tickets but do you have the time on going to those outlets on buying tickets on everyday basis or just few days of the week? It might be simple as it looks but when you are a person who just been forced on doing bets because you've seen others been winning then it turns out for this activity to be boring. Passion is indeed bad when dealing with gambling but you wont really make it that far if you arent really eager or dedicated on what you do have to reach on something thats in your mind.
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harizen
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August 25, 2021, 11:18:49 PM |
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Would you be able to do it? Playing the same numbers over and over again like this? Because I know that I will not have the patience to do this during 30 years.
A common tale in the lottery to win, stick with your bet until the end. I can do a 30-year lottery betting but not sticking to the same numbers. The reason is, I just don't want to spend extra time picking specifically what numbers should I bet on especially if that will involve several batches. As always, once I enter the lottery station, will get a card, slashing the lucky pick for random numbers, pay for it on the cashier, then hope for luck.
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sunsilk
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August 25, 2021, 11:28:58 PM |
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Would you be able to do it? Playing the same numbers over and over again like this? Because I know that I will not have the patience to do this during 30 years.
Nope. That's about taking care of his numbers for so many years. I know that there were older folks than me that still does that to lottery and they're too consistent with it. But unlike this guy, luck is with him and did managed to see his taken good care numbers have given him the fortune of his life.
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cafucafucafu
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August 25, 2021, 11:31:21 PM |
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Hopefully people don't fall into the trap of believing this stuff occurs regularly and go out and get lotto tickets on a regular basis themselves.
Lotteries are probably the worst game that you can play because they carry the absolute worst RTP you can imagine. Some of the lotteries (actually, most of them) have house edges of 50+%, which means that for every $1 you put into a lottery ticket you are expected to get less than 50 cents back.
I would rather spend it on other forms of entertainment, or heck, even sportsbetting/dice/casino games that return more to the player.
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worldofcoins
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August 25, 2021, 11:41:10 PM |
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This isn't an easy thing, because we won't be able to play on a dice with a specific number for few consecutive rolls. There is difference between a dice roll and lottery, however both requires patience. In such a means I'm quite surprised by his patience to play on a single number and his patience have rewarded him. He's not the one to have such patience, there might be more and more following the same principle. Now he have come to light through his winning.
Even if it's a lottery and comparing the lottery with dice isn't balancing in this case. The lottery can have more than a million combinations of numbers and million lotteries but sticking to 1 number for 10+ years and hitting that number is crazy, you've to believe in the number first that it will hit someday otherwise you'll run out of your life trying to hit a lottery by choosing the same number but not hitting it.
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Mahanton
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August 25, 2021, 11:50:46 PM |
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This isn't an easy thing, because we won't be able to play on a dice with a specific number for few consecutive rolls. There is difference between a dice roll and lottery, however both requires patience. In such a means I'm quite surprised by his patience to play on a single number and his patience have rewarded him. He's not the one to have such patience, there might be more and more following the same principle. Now he have come to light through his winning.
Even if it's a lottery and comparing the lottery with dice isn't balancing in this case. The lottery can have more than a million combinations of numbers and million lotteries but sticking to 1 number for 10+ years and hitting that number is crazy, you've to believe in the number first that it will hit someday otherwise you'll run out of your life trying to hit a lottery by choosing the same number but not hitting it. Luck is the greatest factor on why someone do hit up lottery and basing up on the odds or chances on hitting combinations then i could say that our entire life time isnt really that sufficient on hitting something which odds are way too almost close to impossible it is just these people do able to hit when they are still alive and its record breaking considering on how long they've been maintaining that number and continous to make bets on using up the same combination.I was really amazed on their dedication.
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ene1980
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August 25, 2021, 11:59:12 PM |
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For 18 million dollars? Yeah, I’d have the patience ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Besides, it is easier when you realize that by playing the same number over and over you somewhat increase your chances of winning, as there’s a probability that a certain number will hit someday, but if you do different numbers, you risk missing that event. By doing the same all the time, on the other hand, you’ll never miss it. So if you follow this rule, breaking it and choosing another number would simply be irrational. I would have given him the consolation prize for using the same number for the past 30 years and make him happy ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Not sure whether anyone could pick the same number for 30 years and finally winning a jackpot is simply awesome. Majority will not spend your time taking tickets let alone taking the same digit for your lifetime expecting them to win.
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goinmerry
Legendary
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August 25, 2021, 11:59:25 PM |
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My grandfather is like that and he passed that behavior to my parents everytime they are betting on the lottery.
Nothing wrong with the habit and no effect on RNG. It's just that, that routine is good for others as their own way of attracting luck by sticking and being loyal to their picks as they believed their efforts will soon be rewarded.
That also applied to other picking number games.
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Bitinity
Legendary
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August 26, 2021, 02:06:55 AM |
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If your problem will be about the patience, my problem will be on the bankroll. Looking at the attached image of the lottery ticket, it cost him $36. Spending $36 per day for lottery ticket is a huge amount for me obviously and it is not the amount I can afford to lose in single day since my monthly salary wont be able to cover it. I would not even dare to spend $15 per day for lottery ticket.
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