Powerball

A place to discuss anything... except credit cards!
takeshi
Centurion Member
Centurion Member
 
Posts: 1733
Joined: Wed Jun 05, 2013 3:12 pm
Location: US

Re: Powerball

Postby takeshi » Wed Jan 13, 2016 9:56 am

dickey1331 wrote:I guess this is one way to get an Amex Black card.

It may be one way to get the funds for the spend but it wont lead to a Centurion in and of itself.

kdm31091 wrote:Similar to being a celebrity, everyone will know who you are if you win.

I haven't spent a whole lot of time looking into this. This is just one of the first Google hits but there are plenty of other resources out there.
http://www.forbes.com/sites/robertpagli ... 1652db5843

4ktvs wrote:If I won I guess the good news is I would surely get that CLI from FNBO.

While income plays a role is it not the only thing that matters. There are plenty with money and poor credit and vice-versa. Don't conflate the two.


User avatar
Dcyphrz
Platinum Member
Platinum Member
 
Posts: 75
Joined: Sun Jan 03, 2016 2:57 pm

Re: Powerball

Postby Dcyphrz » Wed Jan 13, 2016 10:58 pm

Anybody here fro Chino Hills? LOL
Image

EX 756 - TU 776 - EQ 749

User avatar
CarefulBuilder14
Centurion Member
Centurion Member
 
Posts: 3750
Joined: Thu May 08, 2014 7:42 pm
Location: United States

Re: Powerball

Postby CarefulBuilder14 » Thu Jan 14, 2016 12:28 am

Dcyphrz wrote:Anybody here fro Chino Hills? LOL

I drove through it in 2014.

Didn't end up buying a ticket.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

User avatar
Dcyphrz
Platinum Member
Platinum Member
 
Posts: 75
Joined: Sun Jan 03, 2016 2:57 pm

Re: Powerball

Postby Dcyphrz » Thu Jan 14, 2016 12:32 am

My g/f is of the mind that since her father knows a previous lottery winner that the odds of either of us ever winning the lottery are very low, like lower than average. I can't find fault in her logic really. LOL
Image

EX 756 - TU 776 - EQ 749

User avatar
Vattené
Centurion Member
Centurion Member
 
Posts: 1157
Joined: Sun Jan 26, 2014 3:55 am
Location: US

Re: Powerball

Postby Vattené » Thu Jan 14, 2016 8:22 am

Dcyphrz wrote:My g/f is of the mind that since her father knows a previous lottery winner that the odds of either of us ever winning the lottery are very low, like lower than average. I can't find fault in her logic really. LOL

Lottery drawings are independent events. If a woman has four children that are all girls and becomes pregnant for a fifth time, the odds of the fifth child being a girl are still 50%.

The odds of anyone winning are microscopic to start with, though.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

dickey1331
Centurion Member
Centurion Member
 
Posts: 229
Joined: Thu Mar 07, 2013 10:59 pm
Location: Houston, TX

Re: Powerball

Postby dickey1331 » Sun Jan 17, 2016 9:05 pm

Vattené wrote:
Dcyphrz wrote:My g/f is of the mind that since her father knows a previous lottery winner that the odds of either of us ever winning the lottery are very low, like lower than average. I can't find fault in her logic really. LOL

Lottery drawings are independent events. If a woman has four children that are all girls and becomes pregnant for a fifth time, the odds of the fifth child being a girl are still 50%.

The odds of anyone winning are microscopic to start with, though.



How do you explain the returning soldier effect?
Platinum Delta Skymiles $12,900
Marriott Rewards Premier $12,000
Discover IT $12,000
USAA Cash Rewards $11,000
American Express Blue Cash Preferred $10,000
Chase Sapphire Preferred $6,500
Best Buy $6,000
Chase Freedom $4,500
Zales $4,000
Amazon Prime $4,000

User avatar
CarefulBuilder14
Centurion Member
Centurion Member
 
Posts: 3750
Joined: Thu May 08, 2014 7:42 pm
Location: United States

Re: Powerball

Postby CarefulBuilder14 » Sun Jan 17, 2016 9:30 pm

dickey1331 wrote:
Vattené wrote:
Dcyphrz wrote:My g/f is of the mind that since her father knows a previous lottery winner that the odds of either of us ever winning the lottery are very low, like lower than average. I can't find fault in her logic really. LOL

Lottery drawings are independent events. If a woman has four children that are all girls and becomes pregnant for a fifth time, the odds of the fifth child being a girl are still 50%.

The odds of anyone winning are microscopic to start with, though.



How do you explain the returning soldier effect?

I think it's pretty clear that the post is intended as an understandable example of basic statistics, and isn't meant as a claim about hormonal influence on genetics.

If we want to kill the thread, I know a few biologists who have done research on sex determination criteria, and I could ask them to register and weigh in.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

User avatar
Vattené
Centurion Member
Centurion Member
 
Posts: 1157
Joined: Sun Jan 26, 2014 3:55 am
Location: US

Re: Powerball

Postby Vattené » Mon Jan 18, 2016 10:49 am

I had never heard of that before - and it is an interesting phenomenon - but as CarefulBuilder said I just meant it as an illustrative example. Use coin flipping instead, if you wish.

It's certainly possible (and rare) to flip a coin four times and get four consecutive tails. Because each flip is an independent event, the fact that you flipped tails four times has no impact on the fifth time you flip the coin. The probability of flipping and getting tails that fifth time is still 50%.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now

JonE
Centurion Member
Centurion Member
 
Posts: 335
Joined: Sat Jan 24, 2015 9:55 am
Location: Denver

Re: Powerball

Postby JonE » Sat Jan 23, 2016 9:04 pm

Whenever I get the urge to play the lottery, I just take a $20 bill and light it on fire. Same affect. ;)
Current Cards: Chase Freedom, Discover IT
Future: TBD

User avatar
Vattené
Centurion Member
Centurion Member
 
Posts: 1157
Joined: Sun Jan 26, 2014 3:55 am
Location: US

Re: Powerball

Postby Vattené » Mon Jan 25, 2016 10:53 am

JonE wrote:Whenever I get the urge to play the lottery, I just take a $20 bill and light it on fire. Same affect. ;)

That's how I feel when I get lottery tickets as Christmas gifts for a few family members. That's what they want, though, and they love it so that's all that matters I guess. It's still cheaper than getting something (I would consider to be) of any actual value. I got one ticket from a family member last Christmas and won $10. That and a free ticket is all I've ever won in the lottery. I couldn't say how much I've spent in total on lotteries (not much), but that's about the return I'd expect.
-Vattené
FICO-8:
EX - 809 (11/16) | TU - 803 (11/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now



Return to “The Lounge”

Who is online

Users browsing this forum: No registered users and 0 guests