Quote from: panjul07 on August 30, 2022, 02:42:36 PM

Quote from: Betwrong on August 30, 2022, 09:27:13 AM

~ There are a lot of such cases among slot players. When they win, say, $1k, we all know that they have probably lost more than that previously. But with slots or lottery jackpots it's rarely the case. People normally don't have such money.

It is possible lottery jackpot winners spent more than what they win.
We can simply make a simple calculation, lets say someone win $40m from the jackpot after so many years of buying tickets every single day.
Do not say that people dont have such money because actually it is a total amount for so many years.
It is indeed rare but is still possible to happen but I still believe that most lottery jackpot winners are in decent profit.

Alright, let's estimate then. The price of a lottery ticket is $2. Let's suppose someone's buying a ticket every single day for as long as 30 years.

$2×365×30=$21,900

See, it's far from being $40 million. And even if he/she pays $3 for a ticket, for for as long as 50 years

$3×365×50=$54,750

It is still very far from what they get with winning a Jackpot.

Quote from: mak013 on August 31, 2022, 11:47:04 AM

Quote from: Betwrong on August 30, 2022, 09:27:13 AM

~

Nope. I mean that even in the day they won, they bet several times. And it was not only one day i think. So i don`t sure that it is correct to say that someone won $18 million for 30 cents. He bet much more times to win.
Of course not millions but i`m sure that it was not less few thousands usd.

Maybe. But a few thousand is still much closer to 30 cents than to $18 million, isn't it?