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Old 03-28-2012, 05:57 PM   #26176
Debo9
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Re: SE FAQ, Liveblog and Forum Discussion

i vote in the madden cover

i vote all afc players except revis, where i always vote against him. can't let him get hit by the madden curse, but screw other teams


if i win the lotto, i'm investing it until i get enough to start an nfl franchise. then we'll finally see if 2p2ers can run a team better than others!
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Old 03-28-2012, 06:01 PM   #26177
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Re: SE FAQ, Liveblog and Forum Discussion

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Originally Posted by Debo9 View Post
if i win the lotto, i'm investing it until i get enough to start an nfl franchise. then we'll finally see if 2p2ers can run a team better than others!
same here. would be kind of lol to buy a NBA franchise and let TZ run it. If they fail at least I can have a dominant arguing position in the future. If they succeed then I get rangzzzzzzz.
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Old 03-28-2012, 06:03 PM   #26178
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Re: SE FAQ, Liveblog and Forum Discussion

Dana Jacobson needs to retire

she's currently on SC wearing what appears to be a purple bedsheet
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Old 03-28-2012, 06:07 PM   #26179
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Re: SE FAQ, Liveblog and Forum Discussion

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Originally Posted by CalledDownLight View Post
same here. would be kind of lol to buy a NBA franchise and let TZ run it. If they fail at least I can have a dominant arguing position in the future. If they succeed then I get rangzzzzzzz.
i, for one, think it would be worth it to go from 0->500MM->0 just to be able to quote a victor post and say "stfu moron u proved u don't know ****"
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Old 03-28-2012, 06:09 PM   #26180
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Re: SE FAQ, Liveblog and Forum Discussion

Quote:
Originally Posted by chim17 View Post
Wait.. you think lots of people actually play 1, 2, 3, 4, 5, 6? I would assume casuallotteryplayer would assume that is less likely than other random numbers and wouldn't play it.
i'm fairly sure that i read somewhere that in florida 10,000 people play those numbers each week. the only thing i'm unsure on is if i'm missing a zero
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Old 03-28-2012, 06:10 PM   #26181
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Dana Jacobson needs to retire

she's currently on SC wearing what appears to be a purple bedsheet
She looks kinda slutty in that good way tho
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Old 03-28-2012, 06:28 PM   #26182
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Re: SE FAQ, Liveblog and Forum Discussion

nice undertitle
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Old 03-28-2012, 06:44 PM   #26183
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Re: SE FAQ, Liveblog and Forum Discussion

WashPo profile of the "Route 29 Batman"

http://www.washingtonpost.com/blogs/...PjgS_blog.html

pretty good stuff

Quote:
(Batman is actually in the process of having a just-like-the-movies Batmobile built for $250,000, but it’s not ready yet.)
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Old 03-28-2012, 07:00 PM   #26184
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Re: SE FAQ, Liveblog and Forum Discussion

I wanna win the lottery just so I can give a super douchey interview afterward.

"Do you deserve the money?"
"No LOL."
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Old 03-28-2012, 07:02 PM   #26185
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Re: SE FAQ, Liveblog and Forum Discussion

"First off, everyone who hasn't talked to me in years and thinks they can get a piece of this can **** right off."
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Old 03-28-2012, 07:07 PM   #26186
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Re: SE FAQ, Liveblog and Forum Discussion

"I thought about giving a lot of money to my grandmother who's ill...but maybe the problem will solve itself and she'll die soon."
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Old 03-28-2012, 07:09 PM   #26187
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Re: SE FAQ, Liveblog and Forum Discussion

"I hope I never make a worse investment than my lottery ticket the rest of my life. What a terrible bet."
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Old 03-28-2012, 07:43 PM   #26188
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Re: SE FAQ, Liveblog and Forum Discussion

Quote:
Originally Posted by chim17 View Post
Ya.. but it has to be pretty marginal EV, I'd imagine. I'm assuming it is approaching neutral EV at this point.

But you're right I didn't even think of taxes.
Ignoring taxes ... it's still not, because too many people will play. Now and then a state lottery will approach or even exceed neutral EV (pre-tax), but the Powerball/megamillions never have even come close in the several years during which I've been watching for it.

Take out taxes at around 40% net for most people (including state taxes),a and a $5 ticket is probably worth around $2 for this drawing. Not like buying one is the most horrible thing in the world, but it's nice to know what you're getting.

(Of course, the biggest effect is the declining marginal utility of money — $200 million is pretty obviously not worth two hundred million times as much happiness as a dollar.)
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Old 03-28-2012, 07:53 PM   #26189
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Re: SE FAQ, Liveblog and Forum Discussion

nits itt

if you won 400 mil the last thing you are thinking about is EV
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Old 03-28-2012, 07:58 PM   #26190
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Re: SE FAQ, Liveblog and Forum Discussion

I would argue that $200 million is worth 200 million times as much happiness as a dollar (since I wouldnt even know that I was missing a dollar). However, it is certainly not going to make me 200x as happy as $1 million. This is one of my big disagreements with the theory of diminishing marginal utility.

Are these tickets really $5 not $1 now? Might stop me from buying one.
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Old 03-28-2012, 08:10 PM   #26191
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Re: SE FAQ, Liveblog and Forum Discussion

Still a buck for Megamillions, Powerball is two
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Old 03-28-2012, 08:29 PM   #26192
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Re: SE FAQ, Liveblog and Forum Discussion

Quote:
Originally Posted by foxtrot uniform View Post
Ignoring taxes ... it's still not, because too many people will play. Now and then a state lottery will approach or even exceed neutral EV (pre-tax), but the Powerball/megamillions never have even come close in the several years during which I've been watching for it.

Take out taxes at around 40% net for most people (including state taxes),a and a $5 ticket is probably worth around $2 for this drawing. Not like buying one is the most horrible thing in the world, but it's nice to know what you're getting.

(Of course, the biggest effect is the declining marginal utility of money — $200 million is pretty obviously not worth two hundred million times as much happiness as a dollar.)
This story about investing in the lottery may interest you

http://spectrum.ieee.org/riskfactor/...-companies-win

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nits itt

if you won 400 mil the last thing you are thinking about is EV
Bank -> ATM -> Titties
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Old 03-28-2012, 08:37 PM   #26193
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Re: SE FAQ, Liveblog and Forum Discussion

bankatmtitties lolz oh man like buckwheat would say AND HOW
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Old 03-28-2012, 09:51 PM   #26194
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Re: SE FAQ, Liveblog and Forum Discussion

spike lee confirmed god damned ****ing idiot
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Old 03-28-2012, 10:08 PM   #26195
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Re: SE FAQ, Liveblog and Forum Discussion

yeah that's dumb, but wrong forum, br0!
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Old 03-28-2012, 11:35 PM   #26196
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Re: SE FAQ, Liveblog and Forum Discussion

Quote:
Originally Posted by CalledDownLight View Post
I would argue that $200 million is worth 200 million times as much happiness as a dollar (since I wouldnt even know that I was missing a dollar). However, it is certainly not going to make me 200x as happy as $1 million. This is one of my big disagreements with the theory of diminishing marginal utility.
Would $1M bring you more, less or right at a million times as much happiness as $1?
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Old 03-28-2012, 11:40 PM   #26197
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Re: SE FAQ, Liveblog and Forum Discussion

Probably more than a million times happiness tbqh, I don't give a **** about a dolla
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Old 03-29-2012, 12:04 AM   #26198
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Re: SE FAQ, Liveblog and Forum Discussion

u dont care about a dollar, or two dollars, or 3, but at x dollars you do care. that spike in utility which represents dont care -> care can reasonably be spread out over each dollar which makes up x.
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Old 03-29-2012, 12:10 AM   #26199
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Re: SE FAQ, Liveblog and Forum Discussion

You have to factor in the starting level of happiness and maximum level.
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Old 03-29-2012, 12:39 AM   #26200
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Re: SE FAQ, Liveblog and Forum Discussion

i don't give a **** unless it's at least $34
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