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$340 Million Powerball



 
 
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Old October 19th 05, 05:10 PM
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Default $340 Million Powerball

In rec.aviation.owning revdmv wrote:
let's see my old favorite is 2,3,5,23,32 and 9


Probabality.... simple.... same as anything else you pick:
1,2,3,4,5,6

Odds of being struck by lightening in your lifetime: 1:3000
http://www.lightningsafety.noaa.gov/...htning_rec.htm

It is common for people to refer to the chance of being struck by
lightning as an improbable or unlikely event. Yet actual statistics
say otherwise. Lightning strikes the ground approximately 25 million
times each year in the United States (Orville and Huffines, 2001).
Most people greatly underestimate the probability of being involved in
a lightning strike. According to the National Weather Service, the
chance of an individual in the United States being killed or inured
during a given year is one in 240,000. Assuming an average life span
of 80 years, a person's odds over their lifetime becomes one in 3000.

Odds of winning a BIG lottery: 1:308,000,000

From my perspective, I'll purchase a lottery ticket the day after I
(survive) and am struck by lightening 308,000,000 / 3000 = 102666.66
times!

From my perspective, the lottery is just a "stupid tax" that I am
not required to pay. However, many others do... "Hi, I'd like to
pay $100 of stupid tax today". Instead of reading and investing.
May I suggest that if you got this far thru my posting that you
consider reading"
"Rich Dad, Poor Dad",
"The Millionaire Next Door", and
"Inc, and Grow Rich".

Yes, it DOES take work... but it takes work to earn the $ just to give
it away to a lottery. However, in investing/saving, your money works
FOR you, instead of paying even more "taxes" in the "hope" (against
ALL experience and probability) of growing ricy.

Now, if you are "gaming" and not "gambling", and playing the lottery
is "entertainment", have fun at it and enjoy it!

Best regards,

Jer/ "Flight instruction and mountain flying are my vocation!" Eberhard

--
Jer/ (Slash) Eberhard, Mountain Flying Aviation, LTD, Ft Collins, CO
CELL 970 231-6325 EMAIL jer'at'frii.com WEB http://users.frii.com/jer/
C-206 N9513G, CFII Airplane&Glider, FAA-DEN Aviation Safety Counselor
CAP-CO Mission&Aircraft CheckPilot, BM218 HAM N0FZD, 234 Young Eagles!
 




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