PCF Powerball Pool, ~$1.4B drawing for Sat Oct. 7th 2023 (1 Viewer)

[97destroyer]

I’m in for $20 if the limit hasn’t been reached

 

[Rakrul]

This is what I imagine happens if the pool hits the jackpot.

 

[ConsensualPresidency]

4 hours left until cutoff, $88 in entries still available

 

[Sparkynutz]

Put me in for $2

 

[Sparkynutz]

If my math is right. If we win jackpot solo after taxes etc hopefully a $2 buy in would net roughly $1mil.

 

[ConsensualPresidency]

If my math is right. If we win jackpot solo after taxes etc hopefully a $2 buy in would net roughly $1mil.

$2 won’t fetch 7 figures, fwiw

 

[Sparkynutz]

Just looked up lump sum payout. I didn't realize it was less than half the amount.
Either way, $500-700k for a $2 bet would be a fun time.

 

[ChipMonster]

@ConsensualPresidency thank you for running this and coordinating! Now let’s win some $,$$$,$$$,$$$!!!!

 

[ConsensualPresidency]

Pool is closed, total pool is $912. Group chat(s) with pics of tickets will be created in an hour or two

 

[ConsensualPresidency]

All participants should've been put into one of the group chats with pics of the tickets. If you're participating and you're not in one of the group chats let me know.

Good luck everyone, and shout out to @Josh Kifer for volunteering to get paid out last. A true gentleman

 

[LowerBama1714]

This was my last $20…if we don’t win then I’m fucked.

 

[ngmcs8203]

Just keep an ear out for ‘man in Maryland suddenly buys up all of current and future CPC supply’ and we will know what happened with your $20!

 

[NotRealNameNoSir]

Gee, I hope we win.

 

[Samuel]

 

[BarrieJ3]

In case the poker gods are watching, if you let us win, I will extend the meetup to be a monthlong/1 death event.

As in, we’ll host the meetup for one month or until someone dies, whichever comes first.

 

[ngmcs8203]

47, 54, 57, 60, 65, and the Powerball was 19

 

[CraigT78]

47, 54, 57, 60, 65, and the Powerball was 19

We didn't win

 

[ngmcs8203]

We didn't win

Maybe nobody did and we double down on the next one!

 

[TheOffalo]

Nobody won. $1.55 Billion for Monday's drawing!

 

[Goldfish]

Let’s go again for Monday. I am in for another $20.

 

[MrBoosh]

I am also in for another $20!

 

[harrysallout]

In for another $20

 

[ngmcs8203]

Yep I am going to get in for $20.

 

[liftapint]

We’re reinvesting new capital? That might get complicated if there are winnings from the first go?

But I am in again, no doubt.

 

[BarrieJ3]

We're going to lose again because we didn't MEAN it the first time. You have to mean it.

I will double my investment, nay, double my rewards!!!

$40

 

[TheOffalo]

We’re reinvesting new capital? That might get complicated if there are winnings from the first go?

But I am in again, no doubt.

OP does cover that:

If jackpot isn’t hit and total pool winnings are less than ten times the total pool investment, the winnings will be reinvested into tickets for the next drawing, the same weighted percentage rules applied.

So if there are any winnings from the first pool, that amount will buy tickets that everyone in the first pool will be a part of.

The new money coming in will be for a new pool and may contain more or fewer participants, and the percentages will be different since already people are changing their amounts from last time, and we don't know yet what we'll end up with.

 

[RowlettTexasChipGuy]

IN for the next one again, I say everyone just puts in same amount so he doesn't have to change any of his formulas

 

[97destroyer]

I’m in again! Someone’s got to win. Might as well be us!

 

[BarrieJ3]

We're going to lose again because we didn't MEAN it the first time. You have to mean it.

I will double my investment, nay, double my rewards!!!

$40

IN for the next one again, I say everyone just puts in same amount so he doesn't have to change any of his formulas

Lol we’re at different ends of the spectrum, but I was like yah - that makes sense.

But then I was like…..wait. What fucking formulas? This guy has already built out all the formulas for payout assuming we’ll win!?!?

And *then* I was like wait…..isn’t everyone’s formula or % just……20/900, 20/900, 2/900, 4/900

I’m just happy someone is doing this. I whatever it is we’re doing, count me in!!!!

 

[Goldfish]

IN for the next one again, I say everyone just puts in same amount so he doesn't have to change any of his formulas

This. Same people just put in same amount. Everything stays the same.