From Riches to Rags! October 25th drawing is a bust...
The lottery picking spreadsheet just can't make any kind of accurate prediction when we get a wierd draw like this one. The winning numbers were: 16-40-42-43-48 Powerball 1. First, the draw doesn't very often produce three numbers within the same 10 count, but FOUR? That's really strange. Since they were in the 40s too, that busted over our sum range of 99 to 176 - 75% of the sums of all the last draws in 2006 fit that pattern. This one came in at a high sum of 189. We also completely missed the Powerball too. The spreadsheet did however, once again spot on pick that there would be 4 even and 1 odd number as the best chance for the first five.
Better news is that I cashed in our winning tickets in from our last stellar performance in the draw a week ago. I walked out of QT rather nervously with $195 in my pocket - using the difference to pay for today's draw - and then taking the banked remainder to clip together $321 which we will distribute among the members.
Nobody else won jackpot either this evening across the nation with the jackpot payout now at over $38 million. If we don't have a winner this weekend - will certainly be near or above $45 million when we play again next Wednesday. Watch this space for updates.
Wednesday, October 25, 2006
Lottery Software Updated...YIPPEEE!
The most tedious part of managing our numbers for the pool is having to take the 60+ number sets we have on a regular basis - then manually type them into the software on the computer that lets me print out the playslips. I was just telling Anna the other day, "I wish the software had import capabilities...." Which would mean that I could take the numbers that Excel generates and directly import them into the playslip printing software.
As I prepared the numbers for this evening the printing software notified me that an update was available.....could it be what I was wishing for? BINGO!!! There's an import-export button now! Importing the 63 number sets we have was a 5 minute process ! If this luck continues we are bound to hit it BIG soon!
The most tedious part of managing our numbers for the pool is having to take the 60+ number sets we have on a regular basis - then manually type them into the software on the computer that lets me print out the playslips. I was just telling Anna the other day, "I wish the software had import capabilities...." Which would mean that I could take the numbers that Excel generates and directly import them into the playslip printing software.
As I prepared the numbers for this evening the printing software notified me that an update was available.....could it be what I was wishing for? BINGO!!! There's an import-export button now! Importing the 63 number sets we have was a 5 minute process ! If this luck continues we are bound to hit it BIG soon!
Friday, October 20, 2006
How Are Pool Earnings and Distributions Calculated?
If you are interested in seeing how the spreadsheet calculates how much each member gets when we do win a significant payout you can view that portion of the spreadsheet that does the calculation by clicking on this link: Payout Calculator (You may need to login or create a Google account to view the calculator.)
The calculator bases payout information on the current jackpot level. Good Karma!
If you are interested in seeing how the spreadsheet calculates how much each member gets when we do win a significant payout you can view that portion of the spreadsheet that does the calculation by clicking on this link: Payout Calculator (You may need to login or create a Google account to view the calculator.)
The calculator bases payout information on the current jackpot level. Good Karma!
Pool Wins $321 and is ONE number away from winning $600,000!
In our first participatory draw in about a month, we won $321 on October 18th with only two numbers sets! The winning first five numbers were: 2-24-34-41-48 and one of our sets was: 2-24-41-44-48! We earned $100 on that number set (odds 1 in 14,000+ !) but because we bought the multiplier which turned up 3x those earning increased to $300. If we had 34 in that series? We would have won $200,000 that would have then been tripled to $600,000 because of the multiplier. We missed on the powerball - but if that one had come up too in that series? JACKPOT!!! Nobody else won the jackpot which now climbs to $59 million. We don't participate in weekend draws so if no one wins this Saturday, we're back in for the draw on Wednesday, October 25th. No doubt the jackpot will be close to $70 million by then.
The current plan for the $321 is to do our first ever distribution of earnings to the pool members! I'll round the figures to the lowest dollar to make things easier and deposit the rest into the pool bank. For $5 members the payout will be $12. For $2 members it will be $4.
In our first participatory draw in about a month, we won $321 on October 18th with only two numbers sets! The winning first five numbers were: 2-24-34-41-48 and one of our sets was: 2-24-41-44-48! We earned $100 on that number set (odds 1 in 14,000+ !) but because we bought the multiplier which turned up 3x those earning increased to $300. If we had 34 in that series? We would have won $200,000 that would have then been tripled to $600,000 because of the multiplier. We missed on the powerball - but if that one had come up too in that series? JACKPOT!!! Nobody else won the jackpot which now climbs to $59 million. We don't participate in weekend draws so if no one wins this Saturday, we're back in for the draw on Wednesday, October 25th. No doubt the jackpot will be close to $70 million by then.
The current plan for the $321 is to do our first ever distribution of earnings to the pool members! I'll round the figures to the lowest dollar to make things easier and deposit the rest into the pool bank. For $5 members the payout will be $12. For $2 members it will be $4.
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