Anyway, what I'm trying to get at is, in life, unless you are an overconfident lawyer, nothing is black and white. 

Sideface:

I wasn't very good at maths at school, but I do know that a one in 25 million chance = impossible.

Sideface:I wasn't very good at maths at school, but I do know that a one in 25 million chance = impossible.

 

Impossible and yet three people walked away with $13 million.

You folks...

freitasm: Impossible and yet three people walked away with $13 million.

$13 million is peanuts really.

Would only buy a 5% share in one of Graeme Hart's toy boats:

Wouldn't you be better putting your money in premium bonds (or whatever the equivalent is in NZ)?

Some chance of winning a reasonable sum and you can have your capital back.

mattwnz: I consider it solely as a donation to the groups that apply for grants, and also gives you a chance to win. Better than bonus bonds too. I do know a few people(!!!) who have won 1st division, but won under 1 million. One squandered most of it. The problem is so many winners end up not being able to cope with having that much money.

Really? A FEW people? What is your secret for making friends?

I know a couple of people that have won under a million 1st division too. One guy bought his first house. 

Woke up to the news this morning to the news that someone in Hamilton won $13.3m  through mylotto

I'm in Hamilton

I bought a ticket through mylotto

I hadn't checked my ticket

My guess using some figures I pulled out of thin air I estimated that while my chances were better than 1 in 38m, it was still 1 in 15k of me winning.

Was actually in no rush to check it at all. I spent all day relating to schrodingers cat.

Was still in no rush to check but then the mrs came home. Let's call her Mrs "I can't wait - need to know"

Sadly - it wasn't me. On a completely unrelated note, have to go - I'm writing my resignation letter, planning world trip and buying a new porsche.

logo:

 

Woke up to the news this morning to the news that someone in Hamilton won $13.3m  through mylotto

 

I'm in Hamilton

 

I bought a ticket through mylotto

 

I hadn't checked my ticket

 

 

 

My guess using some figures I pulled out of thin air I estimated that while my chances were better than 1 in 38m, it was still 1 in 15k of me winning.

 

 

 

Was actually in no rush to check it at all. I spent all day relating to schrodingers cat.

 

 

 

Was still in no rush to check but then the mrs came home. Let's call her Mrs "I can't wait - need to know"

 

 

 

Sadly - it wasn't me. On a completely unrelated note, have to go - I'm writing my resignation letter, planning world trip and buying a new porsche.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How do they know the person is in Hamilton who purchased teh ticket online? When I look up my IP, it shows I am in Masterton, yet I am in Wellington. So if I had won, they would have likely said someone in Masterton had won. 

mattwnz:

 

 

 

How do they know the person is in Hamilton who purchased teh ticket online? When I look up my IP, it shows I am in Masterton, yet I am in Wellington. So if I had won, they would have likely said someone in Masterton had won. 

 

Probably from your location (under My Details) when you set up your Mylotto account .

I suppose you could lie and say you're from somewhere else or you may have moved and not updated your location.

The mylotto profile needs a location...

I only buy tickets when the prize gets up to $30M or more. So I bought a ticket last weekend, last Wednesday, and this weekend. I won something on the Wednesday draw - not quite as much as I spent on the three tickets, but I'm only about one cup of coffee behind for the week. It's just a bit of harmless fun.

I know the odds are terrible, but they're worse if you don't buy a ticket. Sometimes people do win big prizes. Try telling the three people who won $15M this weekend, or the group of ladies in the Wairarapa who won $30-something million, that they shouldn't have bought a ticket. My chances are no worse than theirs. And my retirement isn't dependant on it.

joker97:

 

tdgeek:

 

 

 

I do hear what you are saying, but one of these transactions insures against a real loss, the other doesn't

 

 

Isn't that the definition of insurance? I thought we were talking about gambling. What's the definition of gambling?

 

Insures against a win. Problemo is if they get a win, its gets gambled, maybe another win but at the end of the day they gamble till they lose. 

Me, I gamble with the insurance company. if I win, they pay for rebuilding our 830k home, or 30k car car or 80k contents. Im ok with that