Originally posted by RichardCranium
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: National Lottery
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "National Lottery"
Collapse
-
Ooh, that's an interesting statistic. But I think that might be 90 seconds rather than 10 minutes. Assuming you buy one ticket and no more.Originally posted by BrilloPad View PostI am just as likely to die in next 10 minutes as win.
If you're 46 and your life expectancy is, let's say, mid 80s, then you've got about 21 million minutes left. So every 90 seconds you've much the same chance of popping your clogs as one lottery ticket winning the jackpot. (There's a lot of assumptions in that sentence.)
But since you are buying two lottery tickets a week, if we assume you would keep that up until your mid 80s, then that's 2 x 52 x 40 = 4160 lottery tickets and the chance of any one of those winning the jackpot is the same as you dying in the next 4.33 days.
If we take that to its illogical conclusion, if you are alive on Friday, you will never win the lottery jackpot.
Leave a comment:
-
Me too. It's the price of a bit of fun.Originally posted by BrilloPad View PostIt is very true that the lottery is a tax on the stupid. But I think my £2 a week as it gives me hope that it might just be me. I know I am just as likely to die in next 10 minutes as win. So feel free to call me stupid.
Leave a comment:
-
It is very true that the lottery is a tax on the stupid. But I think my £2 a week as it gives me hope that it might just be me. I know I am just as likely to die in next 10 minutes as win. So feel free to call me stupid.Originally posted by AtW View PostApologies for my ignorance as I've come to this country after receiving solid (minus political stuff and falsified history) Soviet edukation: at what point in the UK people get taught about probabilities and stuff like "games theory"?

Leave a comment:
-
Rubbish, believed back then and many still believe now (despite all evidence to the contrary).Originally posted by Paddy View PostSoviets Citizens never believed the propaganda
Communism was a serious threat to any country - they were funded in large part by USSR, hence it seems pretty reasonable to take action against such existential threat.
Do you know what NKVD (later KGB) was putting people to GULAGs and shooting them? Neightbour in shared flat was writing false report about bad joke or wrong word, hoping that he'll get the flat to himself. Or for being late to work - that was criminal at some point. Or for visiting foreign conference - those people got 15-20 years, which meant certain death in GULAG.
So don't give me tulip about how there was "KGB" in the UK.
Leave a comment:
-
The only difference between the East and West in the cold war was that Soviets Citizens never believed the propaganda but the western citizens believed the west’s properganda.Originally posted by AtW View PostMaybe, but you did not get millions of UK citizens who objected it in any way or were juste suspected of not being compliant with Govt shipped to Scotland (for lack of Siberia) live rest of their lives in GULAGs there.
We have are own version of KGB
http://www.grahamstevenson.me.uk/ind...=698&Itemid=55
Leave a comment:
-
No, it hasn't indeed finished - and in the last 10 years any gains that started appearing in 1991 got reversed back.Originally posted by RichardCranium View PostThe problem there was it was that the Russian Revolution still had not finished. I think it has only been in the finishing stages this past 20 years.
Leave a comment:
-
I didn't start it! Sadly, Tingles lost his/her bottle.Originally posted by OwlHoot View PostJust wait until SuitYou sees your new avatar
Leave a comment:
-
The problem there was it was that the Russian Revolution still had not finished. I think it has only been in the finishing stages this past 20 years.Originally posted by AtW View PostMaybe, but you did not get millions of UK citizens who objected it in any way or were juste suspected of not being compliant with Govt shipped to Scotland (for lack of Siberia) live rest of their lives in GULAGs there.
We did all our decades of massacres and oppression when trying to revolt from under the rule of the Catholic Church, and the unpleasantness that occurred after the Civil War when we had a go at being a Republic in the 1600s.
Leave a comment:
-
Maybe, but you did not get millions of UK citizens who objected it in any way or were juste suspected of not being compliant with Govt shipped to Scotland (for lack of Siberia) live rest of their lives in GULAGs there.Originally posted by Paddy View Postwe were also taught a load of BS propaganda about the British Empire and how God gave Israel to the Jews and that Africans live in mud huts.
Leave a comment:
-
The Roulette Wheel is actually the most generous form of betting. If it has just the one green '0' (some have a '00' too) then, on average, you get back 97.3% of your stake on each bet. For the National Lottery I believe it is 50%.Originally posted by Sysman View PostI remember a Radio 4 programme exploring the odds when the lottery first started. They reckoned that roulette odds were better.
Leave a comment:
-
I remember a Radio 4 programme exploring the odds when the lottery first started. They reckoned that roulette odds were better.Originally posted by Moscow Mule View Post£1 wins >£2m @ 14000000-1?
You'd be foolish not to play...
The first time I bought a scratch card (curiosity got the better of me), I "won" 2 quid, whereupon the newsagent persuaded me to have another go, which of course didn't win. Theoretically I had won 2 quid but I'd spent 2 to get there. It struck me that the Lottery could afford to give away as many of those as they fancied.
Leave a comment:
-
You'd think the Russkis would get their real world sorted a bit, before they started concentrating on games
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Should a new limited company not making much money pay a salary/dividend? Yesterday 08:43
- Blocking the 2025 Loan Charge settlement opportunity from being a genuine opportunity is… HMRC Feb 12 07:41
- How a buyer’s market in UK property for 2026 is contractors’ double-edge sword Feb 11 07:12
- Why PAYE overcharging by HMRC is every contractor’s problem Feb 10 06:26
- Government unveils ‘Umbrella Company Regulations consultation’ Feb 9 05:55
- JSL rules ‘are HMRC’s way to make contractor umbrella company clients give a sh*t where their money goes’ Feb 8 07:42
- Contractors warned over HMRC charging £3.5 billion too much Feb 6 03:18
- Statutory Sick Pay (SSP) for umbrella company contractors: an April 2026 explainer Feb 5 07:19
- IR35: IT contractors ‘most concerned about off-payroll working rules’ Feb 4 07:11
- Labour’s near-silence on its employment status shakeup is telling, and disappointing Feb 3 07:47


Leave a comment: