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-   -   Lottery Pool (http://forums.pelicanparts.com/off-topic-discussions/438490-lottery-pool.html)

mike55 10-30-2008 10:03 AM

Lottery Pool
 
My regular lottery pool disbanded a few weeks ago. The Canadian 649 lottery is approx $39M this Saturday, Nov. 1. Anyone here interested in starting a pool for the draw? I can organize, buy and get all the proper forms(should we win anything). It's open to Canadians and Americans alike. We don't pay taxes on lottery winnings up here. For our American friends, Uncle Sam might have his way with you; so keep that in mind.

Everyone that participates would contribute the same amount, $10 or $20 and we split it evenly.

We have today and tomorrow to do this. Paypal is the only way to collect the funds in time. Once purchased, I'll scan the tickets and email them to all participants well before the draw (Friday evening or Saturday morning). If we win free tickets or smaller amounts, I will carry the tickets over to the next draw until the funds are exhausted.

If interested, PM or email me.

Mike

Hugh R 10-30-2008 10:06 AM

I don't need that, I got an email from a guy in Nigeria whom I'm going to help get $18 Million!!!! I'm going to be rich, rich, rich!

Rot 911 10-30-2008 10:08 AM

I'm in! The odds can't be any worse than the stock market right now.

mike55 10-30-2008 10:15 AM

Hugh, I'm hoping to win big so I don't have to rely on the Nigerian thing!

Kurt, hold the thought. If we get 5-10 people with $20 each, then it'll be worth everyone's effort. The more, the better though.

The odds are never good; but you never know.......

pwd72s 10-30-2008 10:21 AM

Oregon lottery now past $10 million...with odds of 6 million to 1 against winning. Think I'll spend my usual ONE DOLLAR, if I go to town today...

mike55 10-30-2008 12:00 PM

I'd like to get at least 5 people in on this. No limit to the number of people that can participate. The only limiting factor is time (cutoff Friday 6pm). If you want in, the cost is $20. PM for payment details. I won't collect/accept payments unless we have at least 5 people.

Mike55 $20
Kurt V $20

sketchers356 10-31-2008 07:44 AM

This makes absolutely no sense to me.

mike55 10-31-2008 07:54 AM

It's a lottery pool like any other. The idea is to lever a small purchase and increase the chances (not odds) of winning something.

djmcmath 10-31-2008 02:30 PM

We did a lotto pool at work a few weeks ago. The only reason I joined was because everyone else was joining. And you need to understand, it wasn't peer pressure, per se, but the realization that if the pool won the lottery, I'd be the only one left at work. And that was a scary thought.

We didn't win, in case you're curious, so we all still work there. And because this is Pelican, I know that if you win, you'll still hang out here, and it won't be just the few of us who remain alone on the board.

Dan

mike55 10-31-2008 03:18 PM

I had the same thoughts with my old pool. I would have hated to be the only one not in it if by chance they held the winning ticket.

Anyway the odds are never good. In this case, I thought a few would want to take the plunge and throw a few bucks toward it. Doesn't look like that's the case though.

pwd72s 10-31-2008 03:37 PM

with every location in the USA having a lottery? Why bother? Just spend what you wish to blow, and good luck to you! :D

ChrisBennet 11-01-2008 02:49 AM

Quote:

Originally Posted by sketchers356 (Post 4273067)
This makes absolutely no sense to me.

It's just another regressive tax. It unfairly taxes the stupid more than the intelligent. :D
-Chris

pwd72s 11-01-2008 10:04 AM

Quote:

Originally Posted by ChrisBennet (Post 4274633)
It's just another regressive tax. It unfairly taxes the stupid more than the intelligent. :D
-Chris

I've heard lotteries described as a tax on the mathematically challenged....

Still, I drop a dollar now & then in order to enjoy the fantasy

mike55 11-01-2008 10:11 AM

...looks like only 2 of us here showed interest in this pool; so i'll drop it. C'mon $39M!!!!!


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