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All Purpose Lotto Thread: Powerball at $320 Million
I almost feel sorry for the poor ******* who wins this...almost. I've heard horror stories about winning huge sums of money like this.
Yep.
Friends and I have had conversations back home, I told them I'd give my closest friends enough to have a small amount of fun, pay off any debt my family still has left, put 200million of the approximately 250 after taxes into the safest investments I can find, buy my way into Michigan Law if they don't accept me next year, get my degree, and then go from there.
Probably wouldn't have to work at that point. I'd have accomplished everything I set out to in college, and could leisurely practice law with a **** ton of money.
I'd probably just pay off all my debts, move, and open up a bottle shop or a brewpub wherever it is that I moved to. That would take less then 2 mil of the total. The rest I would just invest as safe as possible, and live off the dividends and interest. Only reason to open the bottle shop/brewpub would be for fun.
Considering playing. Expected value is probably about 80 cents for every dollar ticket you buy. Is the fun of buying a ticket worth 20 cents? I don't know.
Considering playing. Expected value is probably about 80 cents for every dollar ticket you buy. Is the fun of buying a ticket worth 20 cents? I don't know.
In the middle of coaching Game 3 of the NBA Playoff 2nd round matchup against Chicago, but I saw on the news yesterday that pools can get ugly if you win. News suggested several ways to avoid the acrimonious litigation that could follow a successful pool
Would definitely have bought myself a few tickets if I could have.
One of the few downsides to living in Sweden, the jackpot on our lotteries is pretty damned low when compared with elsewhere, the highest lottery win ever in Sweden was only like $15M.
Really wish the Swedish lottery would start taking part in EuroMillions, where winnings of over €100M (tax-free and in a lump sum) aren't uncommon.
Quote:
Originally Posted by sabresfan129103
I almost feel sorry for the poor ******* who wins this...almost. I've heard horror stories about winning huge sums of money like this.
This was posted on the politics board a while back:
He enjoyed a celebrity status in the British media as the self-proclaimed King of Chavs, a phrase that he emblazoned on his black Mercedes van. He spent his multi-million fortune on things such as illegal drugs, gambling, and prostitutes over the next few years before going back to the £42 a week in jobseeker's allowance he had been claiming before. He expressed no regrets.
^^ He might have money left over for a decent grammar tutor.
Haha and then someone could tell him that MLB owners aren't allowed to play.
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ARCADIA TOWNSHIP, Mich. — The man who won a $208 million Mega Millions lottery jackpot with his wife in April 2005 has died, police and a family spokesman said.
Ralph Stebbins died Saturday at his home in Arcadia Township near Lapeer, Sheriff's Sgt. Andy Engster told the Times Herald of Port Huron. Family spokesman Robert Kolt said he suffered a heart attack. He was 43.
Ralph and his wife, Mary, elected to take a lump-sum payment of $124.7 million, less taxes. They could have chosen to spread $208 million in payments over 26 years.
The couple used part of their winnings to buy a recreational vehicle and said they planned to buy a cow, pay off bills and build a garage to house a 1963 Corvette.
Kolt said he was not aware that Stebbins had a history of heart problems or that he was feeling ill.
"He seemed healthy and he was a very active guy," Kolt told the Detroit Free Press for a Wednesday story. "I think everybody was surprised."
yeah, I'd probably go on some nice vacations too. I've always wanted to go to Europe, but everywhere you go they hate Americans, so I don't know if I would go there. Maybe I'd go on a really nice Vegas vacation.
That's a myth. You'll be fine. Hell you'll be fine in the middle east. You go to Egypt and people will treat you like a king.
That's one of the most spread myths around.
If you were Israeli maybe I'd say don't go to certain places. But american? you're A ok.
540 million would be to much for anyone to win. Don't know why these lotteries just don't divide it into 540 prizes of 1 million. Winning all that money would be more trouble than it's worth.
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