I’d have no problem winning billions… I’ve done the poor thing before, might as well give the filthy rich thing a whirl.
If you won the Lottery how much would satisfy you
- Thread starter walterjay
- Start date
I know a little about arithmetic. I've never bought a lotto ticket. I've seen a bunch on the ground, though.
Your odds go up by an infinite amount buying one ticket, but an infinitesimally small amount buying a second. Therefore your best bang for the buck is to only buy one ticket, it has the best return.
[The fact is that it rounds down to basically x divided by infinity. The best bang for the buck is to not spend the buck here. But that's not as much fun as invoking infinity into an argument.]
The only thing worse than being poor is rich-poor. At my age I think $70M would take care of it. That's enough to acquire and maintain a couple of residences based on my life expectancy and inflation.
From a math perspective one should only buy one play when the odds of winning match the jackpot. Of course you have to adjust for the cost of one-play ($1 vs $2) and I suppose someone could do the probability of having the split a jackpot etc.
I would want as much as possible and spend it all on poilitcal pressure groups to oppose the left's Soros/Bezos etc money.
Triple_Se7en
$50 Site Donor 2024
(states where annonymous winners exist)
Never tell anyone. If my 15-or so nieces and nephews ask why you want to give them money and where the money came from, just turn around and walk away. Tell them not to refuse this one shot deal and not to ask questions.
You can help your kids, brothers, sisters and parents regardless if they ask questions that go unanswered. I would not treat my nieces and nephews this way. If they get nosey, just excuse yourself and hang-up the phone nicely.
Nick1994
$100 site donor 2024
I'd be ok with a few million after taxes. Invest almost all of it.
Would keep working for a while though.
Would keep working for a while though.
I wouldnt want to change my lifestyle much. Just the security of a few million would be nice, winning real big in itself creates a lot of work that means nothing to me.
I dont even think I would want to change my residence that we just moved into. So what would I do? Maybe buy a larger boat, for sure I would go for a small plane or at least get my license and co-own one.. not sure but it's something I would like to do.
More or less, a few million (net) would maybe let me live out any interests that I might normally feel uncomfortable spending on. Other than that Im happy to be alive with a good wife/family and healthy so far. Though the healthy part is always an unknown but in 6 years of tests and biopsies, still no cancer. Next round of tests coming up soon.
Your health is something money cant buy and that is the biggest "lottery" win of all.
I dont even think I would want to change my residence that we just moved into. So what would I do? Maybe buy a larger boat, for sure I would go for a small plane or at least get my license and co-own one.. not sure but it's something I would like to do.
More or less, a few million (net) would maybe let me live out any interests that I might normally feel uncomfortable spending on. Other than that Im happy to be alive with a good wife/family and healthy so far. Though the healthy part is always an unknown but in 6 years of tests and biopsies, still no cancer. Next round of tests coming up soon.
Your health is something money cant buy and that is the biggest "lottery" win of all.
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You're right, but I would still argue the number to buy is zero. Now a nice index fund, on the other hand...
25 million
That is sad since my first real job through retiring I never had a bad boss, in fact they were all really wonderful and allowed me the opportunity to advance my self as possible. I used to be called into their office and they would show me business things . i guess I was blessed.
When it's big and I'm in California (wife at home in Nevada), she will ask me to buy tickets, which I do. Days later she will ask if I checked the tickets. I tell her I'll buy the tickets as requested, but the chances of winning aren't good enough for me to spend the time looking to see if I had any winners.
She checks them when I get home.
If the notional amount is $700 million and the actual award is $300 million after taxes I'd be happy.
I take walks in lightening storms to defy nature.
Shame that they don't split it into new winners at the 5 or 10 mil mark. Not many need or can handle 1 bil or even 100 mil. I guess they think it won't draw ticket buyers, but I think iot might draw more. Imagine 100 or 200 millionaires instead of one billionaire.
The lotto is a tax on the poor. Someone winning big is the best advertising the lotto business could hope for.
Would you rather win $10M or work, earn and invest your own money? Which would you appreciate more? Which would you use more wisely?
The lotto is a lie. Bet on yourself, not some stupid numbers lottery ticket. You want a nice home or Porsche? Right on! Go get it.
Apologies in advance for spoiling your dreams...
Would you rather win $10M or work, earn and invest your own money? Which would you appreciate more? Which would you use more wisely?
The lotto is a lie. Bet on yourself, not some stupid numbers lottery ticket. You want a nice home or Porsche? Right on! Go get it.
Apologies in advance for spoiling your dreams...
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I've thought about this in-depth and told people for years what I'd do with a big payday-
1. We would maintain the home / property we live on/in now. We live extremely conveniently to 2 municipal airports and this area is full of commercial airline employees - pilots, mechanics, etc., which leads me to #2-
2. Buy a 1/2 share of a nice jet, like a Gulfstream G5.
3. Buy a home in the Appalachians, most likely central/southwestern VA or eastern WV. Buy a home in SW Florida, most likely near Sarasota. Fly to each of these when we want.
4. Employ a capable pilot full-time, with 48 hour notice. He gets to do what he wants when he's not flying us when we want. He also has to manage the maintenance of the plane.
5. Buy a place on the lake we frequent, probably a couple more boats.
6. Buy a 37-42' center console, twin or trip engine to have in Florida. Buy some ATVs/etc to have in the mountains. Buy some vehicles to keep at each home.
7. Throw some money at my brother, remove all his current debts, set up some post-secondary education funding for his kids.
8. Set up a fund for my daughter to build and oversee the board of a camp for special needs kids. She has a desire to help special needs kids.
9. Spread the remaining money around between a couple of friends who have done very well for themselves managing investments, our current financial advisor and maybe one or two more to manage some money with great diversity and some insurance against catastrophic loss. Give some money to St Jude's Children's Hospital and some other hospitals who do a very good job with serious illnesses - probably build some housing for long-term patient family members at some hospitals.
9. Live like I've never lived before!
10. Travel out west a few times. I'd really like to explore most of the western US over a couple of years. But mostly burn gas in a boat, either on a lake, the Gulf of Mexico or in a truck, SUV or ATV/UTV in the woods. Have a few places to ride to where we sit in some Adirondack chairs and watch the sun rise or set. Eat some ham sammiches and potato chips and enjoy some good times.
1. We would maintain the home / property we live on/in now. We live extremely conveniently to 2 municipal airports and this area is full of commercial airline employees - pilots, mechanics, etc., which leads me to #2-
2. Buy a 1/2 share of a nice jet, like a Gulfstream G5.
3. Buy a home in the Appalachians, most likely central/southwestern VA or eastern WV. Buy a home in SW Florida, most likely near Sarasota. Fly to each of these when we want.
4. Employ a capable pilot full-time, with 48 hour notice. He gets to do what he wants when he's not flying us when we want. He also has to manage the maintenance of the plane.
5. Buy a place on the lake we frequent, probably a couple more boats.
6. Buy a 37-42' center console, twin or trip engine to have in Florida. Buy some ATVs/etc to have in the mountains. Buy some vehicles to keep at each home.
7. Throw some money at my brother, remove all his current debts, set up some post-secondary education funding for his kids.
8. Set up a fund for my daughter to build and oversee the board of a camp for special needs kids. She has a desire to help special needs kids.
9. Spread the remaining money around between a couple of friends who have done very well for themselves managing investments, our current financial advisor and maybe one or two more to manage some money with great diversity and some insurance against catastrophic loss. Give some money to St Jude's Children's Hospital and some other hospitals who do a very good job with serious illnesses - probably build some housing for long-term patient family members at some hospitals.
9. Live like I've never lived before!
10. Travel out west a few times. I'd really like to explore most of the western US over a couple of years. But mostly burn gas in a boat, either on a lake, the Gulf of Mexico or in a truck, SUV or ATV/UTV in the woods. Have a few places to ride to where we sit in some Adirondack chairs and watch the sun rise or set. Eat some ham sammiches and potato chips and enjoy some good times.
The #1 selling location for the California Lottery is right on the border with Nevada. About the only thing in the Primm area that isn't in severe decline.
https://www.primmnevada.net/lotto-store/
Don't forget lottery "office" pools. There have been quite a few instances where one winning ticket was split among say 10 officer workers.
