CA lotto is $355,000,000 what would you buy??

Why would I say that? Because gambling is for those who do not understand statistics & probability. Someone doesn't necessarily win every week and that is the reason the jackpot is currently so high.

That $3k would have been better donated straight to a needy family or elderly person instead of being used to feed the gov't bureaucracy known as the lottery system.
 
Setec Astronomy said:
I never really understood the "gambling as entertainment" argument. You say "it's not like you lost much of anything" but it sounds to me like you lost $3100. I'd rather have $3100 dollars worth of detailing supplies or pretty much anything rather than $3100 of paper in the recycling bin.

I'm one of the few people who lives in NJ who's never been to AC (or Lost Wages, for that matter). I'm not hating on you, I have been known to buy a scratch-off once in a while, but now that I think of it I haven't done that for a while either...since that time I bought one and waited so long to scratch it that the game was over and I had to mail my ticket in to get my $5 check from the state...which I then felt I had to claim on my income taxes...:(
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I never said gamble for entertainment. Not like this is craps or roulette. 3100 worth of detailing supplies over 60 years..probably wouldn't do much good. Sure..anyone would rather take the 3100 now..but 3100 over 60 years..isn't really anything. And thats only if youplay every week. 52 dollars a year isn't even much. But heh..tell that to the two people who just won 177 million dollars.

Will I ever win..probably not..but I think 20-30 a year is good enough risk vs reward for the odds.

Joe in PA said:
Why would I say that? Because gambling is for those who do not understand statistics & probability. Someone doesn't necessarily win every week and that is the reason the jackpot is currently so high.

That $3k would have been better donated straight to a needy family or elderly person instead of being used to feed the gov't bureaucracy known as the lottery system.
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Your a very ignornant person. We all know what happens when people "assume". Ive taken my share of statistic classes, and im sure a majority of the people that play know what the statistics and odds are. Saying some is a loser because they dont understand just because they dont agree with you is cocky and ignorant.

For most people, the risk for the odds is worth it to them, because the risk is extremely little. Its 3100 over 60 years..people dont spend this money right away..everyone would call them foolish. But hey..you can go to a auto car wash like anyone else and donate your AG purchases to a needy family or elderly person instead. :props:
 
You might want to read the forum rules before attacking anyone on a personal level.

You also might want to reread my original post as well. I didn't call anyone a loser for playing the lottery, I said I would buy a statistic book for each person who purchased a ticket and didn't win. If you play and don't win, you have lost and that is the manner in which I used the word loser. Continue to play if you want to and maybe one day you might even win. Probability is you won't and each ticket you purchase which doesn't pay out is indeed a losing ticket.
 
Joe in PA said:
You might want to read the forum rules before attacking anyone on a personal level.

You also might want to reread my original post as well. I didn't call anyone a loser for playing the lottery, I said I would buy a statistic book for each person who purchased a ticket and didn't win. If you play and don't win, you have lost and that is the manner in which I used the word loser. Continue to play if you want to and maybe one day you might even win. Probability is you won't and each ticket you purchase which doesn't pay out is indeed a losing ticket.
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you might want to reread your post. If thats what you meant..you want to want reword it than. Because it says "for each loser who purchased a ticket". Not for each person who lost player, each person who played and was a loser, or each losing ticket.

nothing bad about calling someone ignorant either..its not an insult, appreciate the try though thanks!
 
By definition, anyone who purchases a lottery ticket that doesn't pay out, is indeed a loser. That is not necessary the insult you wish to make it out to be but a simple statement of the fact that they gambled and failed to win. My original post was also not directed to you personally, nor was it a personal attack. However, calling me out as both ignorant and cocky for daring to state an opinion is indeed a personal attack.

You take me to task for supposedly assuming something about you in a post that in no way made any reference to you. Do you even see the irony in the your having made an assumption about my original post that is completely wrong? Probably not but that's ok too.
 
Can we stop arguing like children? I mean, is this really a topic suited for heated discussion? If you guys want to buy lottery tickets or not, that's your personal choice. You're not going to change anyone's views on gambling by arguing over the internet, so chill out and save the heated debate for PMs. :)
 
[email protected] said:
Can we stop arguing like children? I mean, is this really a topic suited for heated discussion? If you guys want to buy lottery tickets or not, that's your personal choice. You're not going to change anyone's views on gambling by arguing over the internet, so chill out and save the heated debate for PMs. :)
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:iagree:
 
Sorry about the up stir. My intention was not to raise a heated debate, but a thread others would enjoy. At work, we talk about what we would do or buy whenever the jackpot gets big, so I thought it would be fun to hear other members dreams. We all have dreams either for the lottery or the lover we never had, whatever the case we all have the right to dream!
 
I never had a problem with the original thread topic. I think it's a great idea for off-topic discussion. I just don't think this thread needs to turn into a heated discussion with insults flying around - there's simply no need for it and it will not be tolerated. So let's get back on topic and instead of discussing how dumb or intelligent one is for buying lottery tickets, what would YOU do if $355 million landed in your lap? :)
 
jimmyjam said:
Sorry about the up stir. My intention was not to raise a heated debate, but a thread others would enjoy. At work, we talk about what we would do or buy whenever the jackpot gets big, so I thought it would be fun to hear other members dreams. We all have dreams either for the lottery or the lover we never had, whatever the case we all have the right to dream!
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To be honest I wouldn't do anything extravagent. I would pay off my family's two cars, the house, and student loans. I'd buy my brother's family a house and pay off their debt and pay off my parent's debt. I'd do the same for my wife's parents and sister.I wouldn't move to a larger house, I woudn't buy a Mercedes. I rather just take vacations whenever and wherever with my family. I'd also probably keep working just to keep sane and for the most part my job is usually interesting. Heck, I'll be going to Gabon, Africa late February to work on an offshore platform for two weeks. Overall, I wouldn't want to move to a large mansion, drive fancy cars, and become a target for an ever increasing population of thieves and criminals.
 
[email protected] said:
I never had a problem with the original thread topic. I think it's a great idea for off-topic discussion. I just don't think this thread needs to turn into a heated discussion with insults flying around - there's simply no need for it and it will not be tolerated. So let's get back on topic and instead of discussing how dumb or intelligent one is for buying lottery tickets, what would YOU do if $355 million landed in your lap? :)
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Thank you!
 
[email protected] said:
what would YOU do if $355 million landed in your lap? :)
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Well, of course even if you win, you don't get that money in your lap. That jackpot is an annuity over, I think 20 years. If you want an immediate payout, you only get about 2/3 of the full prize (I can't get the actual numbers right now because their site is down). So you'd only get about $238 million and I'm guessing about half of that would be handed over in taxes, but with my $119 million I'd build a big garage with a small attached house...well, maybe not that small. And somewhere WARM.
 
fairlady350z said:
it's the mega millions...it's a 1 in 175 million chance at hitting the jackpot
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"So you're tellin me there's a chance..." - Jim Carey in Dumb and Dumber

I would do as some have said before.

Step #1 - Hire and attorney and a financial planner.
Step #2 - Make sure my family and friends were well taken care of.
Step #3 - Find a great location on the Florida east coast (beach side near golf course)
Step #4 - Build a huge garage (10 car access with a couple lifts)
Step #5 - Attach a beautiful house (5k sq ft?)..
Step #6 - Buy about 20 exotic cars and open a exotic car rental service insuring them all under the business to pay less per year than if they were insured to a person.
Step #7 - Make the biggest AutoGeek order possible to keep my cars beautiful.
Step #8 - Invest the rest and live off the business income and interest.

:awesome:
 
just an FYI you don't have to match all numbers to win...you can match the power/mega ball number, 3 regular numbers, ect. The odds are always 1 in 175 million to hit the jackpot regardless of how big the jackpot is. And why would you have to mail a scratch off away to redeem it? I just take it to the local sev and they hand you the cash.
 

What if you won $355,000,000 and then your wife divorced you?



1/2!!!


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dontdoit.gif





 
fairlady350z said:
And why would you have to mail a scratch off away to redeem it? I just take it to the local sev and they hand you the cash.
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As I indicated in my post, I stuck it in my car (for like 6 months...it's kind of like the same way I still have a Blue Coral kit from 1980 or so that I'm waiting to use) until I was feeling lucky, scratched it, was LUCKY, and took it to my "local sev" where they told me that the game was over and they couldn't "hand me the cash", I had to fill out a form and send it in to the state. Ok?
 
Setec Astronomy said:
As I indicated in my post, I stuck it in my car (for like 6 months...it's kind of like the same way I still have a Blue Coral kit from 1980 or so that I'm waiting to use) until I was feeling lucky, scratched it, was LUCKY, and took it to my "local sev" where they told me that the game was over and they couldn't "hand me the cash", I had to fill out a form and send it in to the state. Ok?
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you're so cute when you're angry ;) it's funny when people try to prove themselves on an forum haha
 
Fly bye said:
What if you won $355,000,000 and then your wife divorced you?



1/2!!!


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dontdoit.gif
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Too late!

From page 3:

rwright said:
Right on :dblthumb2:



A man walks up to his wife and asks "Honey, what would you do if I won the lottery?". She replied "Divorce you and take half". He smiles, hands her a $6 lottery ticket and says "Good, now go pack your bags".
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:props:
 
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