Powerball Jackpot now 1.3 Billion... a crash in the making.

[Removingtheveil]

We know money is used as a control tool but what will be the after effects when millions of Americans in the 44 states that participate in the Powerball spend money they can't afford to loose on trying to win the Powerball jackpot. The 900 million dollar Powerball jackpot has broken the record for the largest jackpot ever. Now the new Jackpot has reached $1,300,000,000...... how much more will these people be spending and how might this affect our economy?

With this past weeks global stock market losses and economic lows that haven't been seen since before 1978.

The Fed raises rates in a weak market, which is suicide in such an economy.

The number of unemployed/underemployed and those not counted, which fall in to the work force participation rate all together putting the numbers worse than those seen in the Great Depression.

I've been working at a Gas station recently because of how hard it has been to find a job over the last year. I'm a college grad with Two Bachelors degrees and I've been out of work for more than 6 months until recently. Working at this Store has opened my eyes to a reality most don't get to see. Every homeless person has an EBT Card/govt assistance with at least a few hundred dollars up to $1,000 a month. I've become friendly with one of them who does the trash and cleans for a pack of beer and discounts. He told me that the downtown library feeds them on certain days then other churches and people provide them with goods and food over the week. Every single homeless person that comes into the store uses the money they get from begging on Beer, Tobacco and lottery scratch off's NOTHING ELSE. If they want something to eat or drink they use their EBT/Govt assistance cards to purchase it!

If you have a family with children each child gets a Card if a certain age and if not the parent gets more money on theirs.

I see people who have jobs come in especially nurses because I work near a major hospital use these same Cards to buy food/drink then spend their cash on lottery/scratch offs.

Something has been on my mind, which resonates with me on a deep level. I believe the govt. assistance has been used as a cover for the greatest depression to have ever hit the united states. It is being given to anyone who doesn't have a job in order to veil all signs of a great depression, something that wasn't possible in the past.

In past Recessions the recovery of our economy only took 6 months to a little over a year then after this period it was considered the growth phase. Our Economy has been in Recovery for 7 years now and hasn't reached the growth phase! Now we are seeing the signs of a Crash on a global level and it has all been covered/manipulated by main stream media. If you have done the research into this you will find some of the most influential economist and investors speaking out about it.

This lottery Jackpot is what I believe to be a diversion and systematically engineered economic needle that will pop the financial bubble leading to a stock market crash.

Please let me know what you all think about this!

I prayed for as many people as possible who deserve it and would do great things for the world to win the Powerball jackpot. I wish it could be used for the good of everyone and not a few or even single winner.

Hope Everyone is doing ok in these tough times!

Love and Light

-Jamie

[apokalypse]

it's freaking sad really how society is function and living standard going south, people are so delusional.

[TelosianEmbrace]

Jamie, some insightful and kind thoughts. I have always thought that the lottery is rigged and used as a tool by the Dark Hearts to move money to where it's needed. Such a large part of all our economies wouldn't simply be left to chance! In my case I believe the lottery was used to set my brother (Whom I believe to be full to the brim of MK sleeper programming amongst other alters and systems) and his family up for an influential position in society. There would be multiple other ways this seemingly random transfer of money could be used for dark purposes.

[phillipbbg]

Say no more.....

https://youtube.com/watch?v=XmtrTXV0sZo

[regnak]

well you can reduce the odds increase the odds of winning

Many people believe that certain numbers are drawn more frequntly than others, and that others are selected less often. These are often referred to as: Hot and Cold numbers. In order to help players identify these, many lotteries provide Frequency Tables.

However, when trying to interpret this information, players are faced with the several problems and questions. First, does this data indicate that these numbers perform better or worse over the long run? Or, is this simply a function of short term trends? Second, the format of certain games has changed over time. Balls are added and deleted. How can we normalize this information to account for the fact that certain balls have been present longer that others? Third, is this statistical data meaningful?

To help answer these questions, we have prepared this analysis which contains four panels. Window S7-1 in the lower left displays a tabular analysis of the most common white and Bonus lottery balls. The total occurances of each ball is shown for: 3 Month, 6 Month, 1 Year, 2 Year, and All Time terms. The cells are color coded to illustrate numbers that are: Cold (Blue), Cool (Light Blue), Warm (Light Red), and Hot (Red). The non-shaded numbers are neutral.

Hotness and Coldness is assigned utilizing a weighted statistical analysis which involves first determining the expected number of occurances, and then calculating the actual observed deviations. This data is shown in Window S7-2. The graph displayed in Window S7-3 shows a normal probability distribution. This is an important concept of randomness because we know that there will be an expected amount of noise (or deviation) whenever such events are measured.

Upon completion of Hotness and Coldness identification, balls are simply grouped into 3 categories: Hot, Neutral, and Cold. This is performed by examining the results displayed in Window S7-1. Any ball that is either Warm or Hot during at least two time periods is determined to be Hot. Any ball that is either Cool or Cold during at least two time periods is determined to be Cold. Balls that that have been both Cool or Cold, and, Warm or Hot, are classified as Neutral.

Originally, we believed that the concept of Hot and Cold balls was simply bunk, and could be explained simply as random noise. However, after conducting this study, we believe that such identification can be valuable information to the lottery player.

The most important facts we learned is that playing a mix of Neutral and Hot numbers could benefit those hoping to win the jackpots. Playing all Hot or all Cold numbers rarely generates a win. But, combining Hot with Neutral may lead to profitable returns

[boja]

well you can reduce the odds increase the odds of winning

Many people believe that certain numbers are drawn more frequntly than others, and that others are selected less often. These are often referred to as: Hot and Cold numbers. In order to help players identify these, many lotteries provide Frequency Tables.

However, when trying to interpret this information, players are faced with the several problems and questions. First, does this data indicate that these numbers perform better or worse over the long run? Or, is this simply a function of short term trends? Second, the format of certain games has changed over time. Balls are added and deleted. How can we normalize this information to account for the fact that certain balls have been present longer that others? Third, is this statistical data meaningful?

To help answer these questions, we have prepared this analysis which contains four panels. Window S7-1 in the lower left displays a tabular analysis of the most common white and Bonus lottery balls. The total occurances of each ball is shown for: 3 Month, 6 Month, 1 Year, 2 Year, and All Time terms. The cells are color coded to illustrate numbers that are: Cold (Blue), Cool (Light Blue), Warm (Light Red), and Hot (Red). The non-shaded numbers are neutral.

Hotness and Coldness is assigned utilizing a weighted statistical analysis which involves first determining the expected number of occurances, and then calculating the actual observed deviations. This data is shown in Window S7-2. The graph displayed in Window S7-3 shows a normal probability distribution. This is an important concept of randomness because we know that there will be an expected amount of noise (or deviation) whenever such events are measured.

Upon completion of Hotness and Coldness identification, balls are simply grouped into 3 categories: Hot, Neutral, and Cold. This is performed by examining the results displayed in Window S7-1. Any ball that is either Warm or Hot during at least two time periods is determined to be Hot. Any ball that is either Cool or Cold during at least two time periods is determined to be Cold. Balls that that have been both Cool or Cold, and, Warm or Hot, are classified as Neutral.

Originally, we believed that the concept of Hot and Cold balls was simply bunk, and could be explained simply as random noise. However, after conducting this study, we believe that such identification can be valuable information to the lottery player.

The most important facts we learned is that playing a mix of Neutral and Hot numbers could benefit those hoping to win the jackpots. Playing all Hot or all Cold numbers rarely generates a win. But, combining Hot with Neutral may lead to profitable returns

That's a good joke !

[happyuk]

+1. Excellent post. What you have done is reveal the ugly truth behind all forms of gambling, be it the lotto, horses, casino, whatever.

It promises wild riches that remain beyond the reach of all but the tiniest of participants. They promise a dream that is just not going to come true.

It is a socially revolting and cynical way to prey upon weak-minded members of society who get themselves in enormous financial trouble. Lottery tickets are just as bad. Governments should be serving people, not allowing others to prey on them.

[Zionbrion]

First a story...there was a man who had been poor his whole life, so one day in desperation he prayed to god that he wanted to win the lottery. After a year went by, he reached out to god again, and said god, why have I not won the lottery? Then god spoke to him and said "you didn't even buy one lottery ticket."

I have always said the lottery is a tax for the mathmatically disinclined

This huge jackpot actually changes that because your odds of winning are 1:297,000,000. Now if you beat the odds you can win 1,200,000,000. Each ticket costs $2...so mathmatically you win $4 in expected value, so technically it is a good investment. However the catch in that math is the higher the jackpot, the more people play, so the more likely it is that more than 1 person will win, thus reducing the ammount of the jackpot you win to half, which makes buying a ticket a break even investment.

Its interesting that a lot of people who have won the lottery, it has ruined their lives. I dont think most people know what to do with all that money....me, I would be a great billionaire.

Your analysis of the EBT system keeping america from looking like it did in the great depression is a great analysis, I had never thought about that, it makes perfect sense.

If I win, Ill buy a huge chunk of land and we can create the Project Avalon community.

[ghostrider]

The money sits in an account and long as it sits there someone is making interest on that principle ... the ptb dont want any winners yet , till they can rig a puppet to win ... no way, with all the people playing, no one hits the jackpot ...

[Samson]

Some years ago there was a huge chunk of land available for free. 70 buildings 600.000 acres...ive been screaming it here.
It was an abandonned village in the south of Norway. Built for handicapped people...but abandonned. Swimmingpools restaurants.. A tiny city packed with all the luxe You can dream of.
Ive geen begging for ppl for months....but hardly anyone responded
Now the whole shizzle is given for free to a very wealthy horsebreeder.
The hotels the swimmingpools..the whole village is ...
It's worth a movie...because it happened.
Giving winning tickets for free...but nobody interested..

[zen deik]

You won't win if don't play, it's a crap shoot anyway...,

[CD7]

With only approximately 300 million people in america.......some put out some serious loot..how many states involved?

My land! I mean the numbers...sad what it's wasted on....

[apokalypse]

on a side note this on my mind whenever that word $xx Milllion Dollar Lotto Jackpot, back then i could donate amount of jackpot to charities and stuff but now with that jackpot i'm donate money to those people on alternative communities like Max Igan or even Alex Collier who is struggling...most importantly create alot event around the countries. how long we have to continue helping those needed people? another 100 years? the society must change and people must wake up.

i'm not saying not helping the sick or poor people but i find it society and people must change for the better so do with those money try to get people awake...

For few years now 1 year after my wake up called questioning how lotto is played..i believe Lotto have been rigged.

[regnak]

lotto is a math problem waiting to be solved

if you solve it you get 1.3 billion you can bail out Greece and Iceland there is a lotto secrets book I read somewhere Google it basically do not do 1,2,3,4,5,6 as its unlikely to come up in a nut shell play hot cold numbers and numbers that have come up in last few weeks guess the rest but avoid the cold numbers do your odds improve marginally .

I have read of a math professor who has won the lotto 3 times what are the odds of that ?

[TargeT]

Odds of winning 1:292million

This web site is a "powerball" simulator... might as well play with it and save your money

http://graphics.latimes.com/powerball-simulator/

[regnak]

great post target indeed the site was informative 10/10

[TargeT]

Posted by jonsnow (here)
great post target indeed the site was informative 10/10

I read https://www.reddit.com/r/dataisbeautiful a lot

all kinds of good visual & statistic based break downs there.

[Rocky_Shorz]

Posted by TargeT (here)
Odds of winning 1:292million

This web site is a "powerball" simulator... might as well play with it and save your money

http://graphics.latimes.com/powerball-simulator/

that means someone can play every number for $584,000,000

Current Estimated Jackpot. $1.5 Billion. $930 Million Cash Value. if you don't have to split it, you made bank... that's more than some countries Make in a Year...

wouldn't you like to be holding the 1 winning number...

I would go global instantly with Vertical Farms... 5 year payback and each 5 years build another where it is needed... non Profit Community Farms

It would end hungry children worldwide in a few years...

Yep, that'd be nice...

[bettye198]

They all talk about how one should manage the win, take the cash or get the 29 yr annuity. But they fail to mention what if you are a senior? Your chances of living to 2045 are slim. I would take the cash and distribute my wealth among my large family and my portfolio.

[TargeT]

Did you know that if you drive one mile to the convenience store to buy a Powerball ticket, you are eight times more likely to die than win the jackpot

So... if your gonna go, might as well buy at least 8 tickets