Lottery jackpot

[anotheoldgit]

http://www.dailymail....ase-166m-jackpot.html

Why do some people go crazy and rush out and buy numerous tickets to try and win a lottery jackpot of £166m?

Surely they have less chance of winning this vast amount than they would have of winning an ordinary lottery win, and even that amount would be quite sufficient for anyone to win?

[R1Geezer]

It wouldn't change my life, I'd just be able to afford it!

[pa___ul3]

the more people playing it just increases the chance of someone else having the same numbers as you.
I know what you mean by the rush though, it's almost as if some are saying £8m isn't enough, they'll only play for the mega big bucks! Still, there's nothing better to chase than a dream!

[LazyGun]

All lotteries have done the same though, and always you see the same effect. Hard promotion of the headline, jackpot figure and you will get people willing to have a punt. Make the jackpot smaller and enrich more winners, and paradoxically the number of players goes down.Strange but true.

Numbers of tickets sold in economic hard times almost always increase, because you are selling dreams, and hope to often desperate people for whom the lottery represents a real hope of life change. The marketing is all rather cynical and depressing really.
The largest proportion of players are those who can realistically least afford it, again because of the triumph of hope over expectation.

The odds of winning the lottery are fixed, but the size of the prize will vary according to the number of punters - more punters, more chance of sharing the prize.

[Old_Geezer]

"Surely the more people who buy a ticket, lessens one chance of winning the jackpot?"

What it lessons is the chance of you not having to share the jackpot if you win it. The chance of you winning it remains the same.

[modeller]

A devout theist prayed to God every night to win the Lottery but with no luck.
After 6 months he complained to God who replied, and said .
" OK ! But meet me half way . BUY A TICKET ! "

[askyourgran]

I wish they would share all the Lottery prize money out more evenly. I did win £80 a few weeks back with 4 numbers on the Lotto, but another week it's only £16. When you think of the millions one person can win you'd think they could just swipe a bit more for the lower prize money.

[boxtops]

I wish they would make the maximum prize £1m, that's quite enough for most people, but increase the number of winners. 166 people could benefit from this one!

[R1Geezer]

how would you decide the other winners boxtops?

[boxtops]

Hmm, now there's a poser, I hadn't thought of that!