Thursday, July 8, 2010

You Can't Win If You Don't Get In!

I don' know what your stance is on lotteries, but imagine this:  You buy lottery tickets on a regular basis and win as follows:

•1993: $5.4 million (paid in yearly installments). Odds: 1 in 15.8 million
•2006: $2 million (lump-sum payoff). Odds: 1 in 1,028,338.
•2008: $3 million (lump-sum payoff). Odds: 1 in 909,000.
•2010: $10 million (lump-sum payoff). Odds: 1 in 1,200,000.

Unbelievable?  Absolutely!  Impossible?  Apparently not, because this really happened to a former Texas resident who now calls Los Vegas her home.  Her name is Joan Ginthner and yes, she has won the jackpot four times.  And she is not the only multiple winner.  There is a man in Calgary, Canada who has won five times, although he had to sue to get his latest and largest $17,000,000 win.  His previous winnings:

•1993: $5.4 million (paid in yearly installments). Odds: 1 in 15.8 million
•2006: $2 million (lump-sum payoff). Odds: 1 in 1,028,338.
•2008: $3 million (lump-sum payoff). Odds: 1 in 909,000.
•2010: $10 million (lump-sum payoff). Odds: 1 in 1,200,000.

Apparently The man'sbrother-in-law came forward and claimed the latest winning ticket was part of a group purchase, but later gave up his claim.  The winner in Canada admits to buying hundreds of tickets.  No word on whether the Vegas lady purchases more than one at a time.  For those of you in Texas who are interested, she bought two of her winners including the $10,000,000 one at the Times Market in Bishop, Texas.  The place that sells the winning ticket gets $10,000, and the state gets a huge chunk to go into their budget.

I just don't have that kind of luck.  (if you read yesterday's post, you know the kind of luck I have!)  I buy a lottery ticket once or twice a year and have won $2.00 once or twice.  But I don't make lottery ticket purchases a weekly or even monthly thing.  Why? 

Back when I was teaching, we had a 50/50 club.  Each week the group members would each put $1.00 into a pot.  Participants' names would be placed in a hat, and a winner would be drawn.  The winner would get half the money and the other half would be added to a fund to buy flowers for sick teachers, wedding gifts, baby gifts, etc. 

I participated in the 50/50 faithfully every week for the 9 years I was a teacher at that school.  From 40 to 60 if us played.  I won ONCE and that was the week that 40 others tossed in their bucks--my chances were never less than one in 60 every week for 9 years and I only won ONCE! 

I'm not complaining, it was a good cause.  I'm just explaining why I don't bother to buy lottery tickets very often.  If I can only win once with odds of 1 in 40 or 60 in approximately 243 attempts,  with the millions of hopefuls buying lottery tickets, I'd have as much chance of winning as I would if I threw my dollar in the city drinking water reservoir and waited for my buck to come back to me through the faucet!

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Blissed-Out Grandma said...

Hey, Eva, For years now, I've been describing the twice-weekly lottery as my retirement plan. We started playing the same numbers every week, so if we stopped and those numbers came up...we'd have to kill ourselves.

The Vegetable Assassin said...

I think if you're downright lucky enough to win a jackpot sum of over a million bucks ONCE, you and your spouse or partner should be exempt from buying lottery tickets for ten years or something. Or at least not allowed to win again for that time. Really, if you just won ten million dollars why would even BUY a lottery ticket? Good Lord! :)

I play once every couple of years maybe and I always expect to win. I'm always amazed when I don't. It's quite sad.

Mr. Stupid said...

My Grandmother purchased Lottery tickets. I don't remember how many, but she did often!
BTW, the two people were pretty lucky. But, I wonder why do they need another lottery after winning so much of money. Greed? Maybe.

Have a wonderful day, Eva...:)

natalee said...

Eva feel the same way my friend..the same way........ hugs

JennyMac said...

I have good luck but don't buy lottery you have me thinking. LOL.

Seriously..winning the jackpot multiple times? Uncanny.

Rose said...

every Friday, my husband buys lottery tickets, no win. every Friday, he tells me what he will do wth the money. How long is this continue?

Brian Miller said...

i have played a handful of times in my FIL swears by it and has played every week and recorded all the winning numbers since the beginning..he has broke even...i do hope he hits it though...smiles.

My name is PJ. said...

I don't play the lottery. It would be just as productive as me flushing my money down the toilet. :)

DJan said...

I always intend to buy a ticket but rarely do. And I don't think I have ever expected to win. Those people who win so many just amaze me! Who says it's all random?

FabuLeslie said...

Hahah! Your logic is all wrong. As someone who lived in Las Vegas for about 6 years -and has the spotted financial history to prove it- clearly you are DUE! Because you didn't win all those times in the 50/50, you are so obviously closer to winning now. See? You're welcome.

P.S. That 50/50 thing is a good idea. I may have to suggest that at my school.

Steven Anthony said...

so one one she

Wanderlust said...

I wonder if anyone has ever had money come out of their faucet?

BTW, here is the naked rugby post you inspired. Thank you!

Eva Gallant said...

Steven: That information was not given, but you've got her name and city...good luck! lol

Fabuleslie: I never thought of it that way. Maybe you're right1

rose: probably til he wins or dies. Good luck!

Robynn's Ravings said...

Right there with ya, woman. I buy a ticket once in awhile on a wild hair but if there were only two tickets in any given bucket, the other one would win, hands down, everytime. I have a gf who wins EVERYTHING! There is something that is definitely unexplained in this whole scheme!

tattytiara said...

Eeeeeeeeeeeeeeeeeeeeeevaaaaaaaaaaaa I missed you!

The trick is not to use your own money. I've gotten lots of twenty and fifty dollar winners on those scratch and win tickets, but all of those tickets came in birthday and holiday cards. Even winning isn't enough to convince me that they aren't a waste of money!

Respectfully Yours said...

I can't say I am unlucky. After all I did just win that trip for two from Westjet. But I have not won a lottery yet. Maybe soon....LOL That would be so awesome!!!!

I can't believe those people won that many times....SUSPECT to me.

Writing Without Periods! said...

I agree with Vegetable Assassin, win once only. I won a set of crocheted potholders once.

life in a pink fibro said...

I never win. Never. No matter what the odds. I can't imagine how anyone wins that much money, that many times. But I don't even buy tickets anymore, so that's never going to be me!

Pat said...

I'm as big as a loser as you are. And I mean that in the nicest way. My husband continues to buy lottery tickets every week. Sometimes we win a buck or two.

I wrote a post about what a couple of losers we are - the one time we went to a horse race and bet on a horse? The horse DROPPED DEAD before getting to the finish line. Yep.