|
|
|
|
| Author |
|
|
Registered User
Join Date: Jul 2003
Posts: 4,247
|
The Lottery - Powerball - What a scam!
I love to see people come out of the woodwork to wait in line and buy tickets at their chance to win 365 Million.
My only question remains...why didn't they buy tickets when the jackpot was 50 Million or 100 or whatever? wasn't that enough money for them? it's a feeding frenzy. i don't play because i believe the lottery is another tax for people who can't count. and it's legal fraud, to say the least.... obviously the states take in 40% so it's in their best interest to make the jackpots as large as possible. thank you for reading. 
|
||
02-18-2006, 02:02 PM
|
|
|
Registered
Join Date: Jul 2004
Location: New England
Posts: 5,136
|
I totally agree.
I also totally bought $10 of tickets today Go figure 
__________________
We will stay the course. [8/30/06] We will stay the course, we will complete the job in Iraq. [8/4/05] We will stay the course *** We’re just going to stay the course. [12/15/03] And my message today to those in Iraq is: We’ll stay the course. [4/13/04] And that’s why we’re going to stay the course in Iraq. [4/16/04] And so we’ve got tough action in Iraq. But we will stay the course. [4/5/04] Well, hey, listen, we’ve never been “stay the course” [10/21/06] --- George W. Bush, President of the United States of America |
||
|
02-18-2006, 02:15 PM
|
|
|
I'm off the hook.....
Join Date: Oct 2001
Location: 22 miles south, then 11 miles west of LAS
Posts: 2,895
|
I feel bad for all the people that didn't win.
I will not be among them. Unbridled optimism. Kinda like thinking the Clintons were actually going to accomplish something when they were elected.
__________________
No, I don't sing. Based there for too long. |
||
|
02-18-2006, 02:25 PM
|
|
|
B58/732
Join Date: Feb 2000
Location: Hot as Hell, AZ
Posts: 12,313
|
LOL, lotteries are a tax on people who are bad at math.
On the other hand, if you DO play your chances of winning are infinitely higher than if you DON'T play.
__________________
ΜΟΛΩΝ ΛΑΒΕ I don't always talk to vegetarians--but when I do, it's with a mouthful of bacon. |
||
|
02-18-2006, 02:46 PM
|
|
|
Registered
|
well, i guess in a very 'real' sense the winner is truly the king or queen of idiots..
 ryan
__________________
To the memory of Warren Hall (Early S Man), 1950 - 2008 www.friendsofwarren.com 1990 964 C4 Cabriolet (current) 1974 911 2.7 Coupe w/sunroof 9114102267 (sold) 1974 914 2.0 (sold) |
||
|
02-18-2006, 02:53 PM
|
|
|
Registered
Join Date: Jul 2004
Location: New England
Posts: 5,136
|
365 million, over 20 years, after taxes, comes to about $175,000 a week.
That's a lot of cabbage
__________________
We will stay the course. [8/30/06] We will stay the course, we will complete the job in Iraq. [8/4/05] We will stay the course *** We’re just going to stay the course. [12/15/03] And my message today to those in Iraq is: We’ll stay the course. [4/13/04] And that’s why we’re going to stay the course in Iraq. [4/16/04] And so we’ve got tough action in Iraq. But we will stay the course. [4/5/04] Well, hey, listen, we’ve never been “stay the course” [10/21/06] --- George W. Bush, President of the United States of America |
||
|
02-18-2006, 02:54 PM
|
|
|
|
Registered
Join Date: Jun 2005
Location: Hamburg & Vancouver
Posts: 7,693
|
I used to believe that the lottery was a tax on people who couldn't do the math - until my neighbour won $14,000,000 the second time he played. It does happen.
__________________
_____________________ These are my principles. If you don't like them, I have others.—Groucho Marx |
||
|
02-18-2006, 03:10 PM
|
|
|
Registered
|
Personally, I'd rather see 365 people win a million apiece.
__________________
'85 Defender 90 V8 Station Wagon (mine), ‘16 Mini Cooper S Countryman All4, ‘79 Mini Moke Californian (hers). '83 SC Coupe SOLD '96 Carrera 4 Coupe SOLD '89 Carrera Targa SOLD |
||
|
02-18-2006, 03:12 PM
|
|
|
Registered
|
Quote:
 ryan
__________________
To the memory of Warren Hall (Early S Man), 1950 - 2008 www.friendsofwarren.com 1990 964 C4 Cabriolet (current) 1974 911 2.7 Coupe w/sunroof 9114102267 (sold) 1974 914 2.0 (sold) |
||
|
02-18-2006, 03:17 PM
|
|
|
Registered
Join Date: Jul 2004
Location: New England
Posts: 5,136
|
Quote:
|
||
|
02-18-2006, 03:17 PM
|
|
|
Registered
Join Date: Jun 2005
Location: Hamburg & Vancouver
Posts: 7,693
|
He put his house on the market, moved to his condo on Maui - and we haven't heard from him since.
__________________
_____________________ These are my principles. If you don't like them, I have others.—Groucho Marx |
||
|
02-18-2006, 03:19 PM
|
|
|
Registered User
Join Date: Jul 2003
Posts: 4,247
|
Quote:
|
||
|
02-18-2006, 03:22 PM
|
|
|
Registered
|
bet he quit cursin' god and found religion again, too..
ryan
__________________
To the memory of Warren Hall (Early S Man), 1950 - 2008 www.friendsofwarren.com 1990 964 C4 Cabriolet (current) 1974 911 2.7 Coupe w/sunroof 9114102267 (sold) 1974 914 2.0 (sold) |
||
|
02-18-2006, 03:25 PM
|
|
|
Registered
Join Date: Mar 2003
Posts: 10,463
|
One of my coworkers won $10m in the florida lottery. Still working his job as a AV guy, pusing vcrs and such to classrooms. Bought a house, but not too much, took a 1 week cruise, doing other sensible things like a ton of dental work, etc. but a few fun things too like new bowling balls, etc. but nothing outlandish. He also chose the long term payout - more chances to screw up and blow it all. All depends on the mindset of the person who wins.
__________________
“IN MY EXPERIENCE, SUSAN, WITHIN THEIR HEADS TOO MANY HUMANS SPEND A LOT OF TIME IN THE MIDDLE OF WARS THAT HAPPENED CENTURIES AGO.” |
||
|
02-18-2006, 03:40 PM
|
|
|
Registered
Join Date: May 2005
Location: Connecticut
Posts: 1,490
|
If you spend <$20/year on it, what's wrong? You won't screw yourself out of much of anything except a couple hundred miles in the P-car. Or the extra cost of one nice dinner over something at home.
And if you do win, you're set for a good long while if you can manage money and your ego. |
||
|
02-18-2006, 03:46 PM
|
|
|
Registered
|
my chances of getting shot by dick cheney are probably better..
ryan
__________________
To the memory of Warren Hall (Early S Man), 1950 - 2008 www.friendsofwarren.com 1990 964 C4 Cabriolet (current) 1974 911 2.7 Coupe w/sunroof 9114102267 (sold) 1974 914 2.0 (sold) |
||
|
02-18-2006, 03:51 PM
|
|
|
canna change law physics
|
And you are 162 times more likely to be struck by lightning next year!
__________________
James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
||
|
02-18-2006, 04:24 PM
|
|
|
Registered
|
Quote:
 ryan
__________________
To the memory of Warren Hall (Early S Man), 1950 - 2008 www.friendsofwarren.com 1990 964 C4 Cabriolet (current) 1974 911 2.7 Coupe w/sunroof 9114102267 (sold) 1974 914 2.0 (sold) |
||
|
02-18-2006, 04:27 PM
|
|
|
canna change law physics
|
The Cash prize is about equal to 1/2 the 'listed' Annuity prize. So, you win about $175M. After taxes, depending on the state, is a maximun of $114M. The Odds for winning are 146M to 1. So, the reward/risk ratio is still under 1.
The prize needs to be at least $450M for the reward/risk ratio hit 1 I'm waiting til next week...or the week after next...
__________________
James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
||
|
02-18-2006, 04:31 PM
|
|
|
Registered
Join Date: Dec 2002
Location: www.fakelife.com
Posts: 1,672
|
My boss bought a lottery ticket with the spare change he had left over from buying a golf hat his wife didn't want him to buy. He stopped at the 7-11 and bought a lottery ticket. A few days later he went in again (to get milk or something) and the cashier mentioned his store sold the winning ticket and encouraged my boss to get his. He declined, saying it was in the glove box and he probably didn't win.
Well, he did win. Somewhere between 5 and 10 million. The kicker? His wife didn't want him to buy the hat. It was also one of a hand full of times he bought a ticket. Can't win if you ain't in.
__________________
I turn away with fear and horror from this lamentable sore of continuous functions without derivatives. --Charles Hermite Fakelife.com Nothing to do with archery anymore. Porsche/BMW/Ferrari/Honda videos |
||
|
02-18-2006, 05:18 PM
|
|
1974 Porsche 911 2.7
SC Coupe
Moke
1970/1982 Porsche 914-6/911SC 2.7 RS
