One billion dollar lottery ?

[SwampSurvivor]

Its fun to think about having that much money. I'd pay off my student loans, buy a few hundred acres in the woods and invest extremely conservatively ... enough so that the money does not lose its value.

I would probably continue working, too. I know without a job I'd drive myself nuts in a short amount of time.

I don't gamble. So I won't win.

 

[KGMtech]

It is fun to dream, and you can't win without buying a ticket.

I can't participate in this Powerball, but when Canada's lotteries are getting big due to failure to select a winner - I get on board for the fun.

We don't pay taxes on Lotto winnings here, something that makes us a wee bit better than US of A )

 

[zzyzzx]

I have a better shot at getting struck my lightning than I do winning the lottery.

 

[supton]

Originally Posted By: Miller88

I don't gamble.


That's funny, whenever I drive in MA, CT, NY I always feel like I'm gambling, but not with money.

 

[eljefino]

Originally Posted By: supton
Originally Posted By: Miller88

I don't gamble.


That's funny, whenever I drive in MA, CT, NY I always feel like I'm gambling, but not with money.


A person seeks out his personal level of thrill. This is why when they improve a bad intersection, highway deaths on other stretches of the same highway get worse.

It would be interesting to see if those who commute on 128 in rush hour buy fewer scratchers.

 

[IndyIan]

You really should have a plan before you cashed in on that.

It would be fun if you could keep your head straight.

 

[demarpaint]

Originally Posted By: eljefino
Thing is, if you had that kind of money you'd be a target. Terrorists would want to kidnap you or your kids for ransom money. You can't go for a drive and leave your car unlocked.

Money doesn't always equal freedom.

I'd rather have about 1.5 million.


I'd take my chances.

 

[RISUPERCREWMAN]

I would put this money in 100% safe places & would not invest a penny. There is no reason to invest this amount of money unless you are a greedy sob !

 

[gman2304]

'I would put this money in 100% safe places & would not invest a penny. There is no reason to invest this amount of money unless you are a greedy sob !'


What? ^ I have kids, grandchildren, siblings, family, and friends who would benefit for possibly generations from investing a big chunk of the winnings. And I could still live like a King.

 

[ARCOgraphite]

My boss told me I better give him 100K to pay for his kid's college tuition - or he'd fire me!

 

[Bandito440]

Originally Posted By: gman2304
My wife called me Wednesday evening, all wigged out that the store she had stopped at wouldn't take a credit card for lottery tickets. She wanted to know if I had any cash. I told her I did and she asked if I would meet her at the garage door so she could go back to the store and buy some tickets. I took her a 10 dollar bill and she was back in a few minutes with a lottery ticket with 5 chances of winning the Wednesday drawing. She didn't get even one number right from the five tickets. Her logic is, 'if you don't play, you have NO chance of winning'.....which is right, but I don't like the odds.

That behavior is alarming. I hope it doesn't progress.

 

[Dyusik]

Originally Posted By: eljefino
Terrorists would want to kidnap you or your kids for ransom money.


Yeah that was my first thought too.

 

[ShotGun429]

I would buy Gold..

 

[bullwinkle]

Originally Posted By: ARCOgraphite
My boss told me I better give him 100K to pay for his kid's college tuition - or he'd fire me!

Cool-lottery winner AND unemployment! That would save me the trouble of going Johnny Paycheck on his [CENSORED!]!

 

[Dyusik]

Reason why I'm buying a ticket today.

 

[gman2304]

'That behavior is alarming. I hope it doesn't progress.'

^ Yeah, me too. She didn't know you couldn't buy lottery tickets with a credit card, that's how much she plays. She's spent $10 on lottery tickets in the last 5 years...LOL!

 

[Trav]

Originally Posted By: cjcride
They should divide that into a hundred top prizes instead of giving it all to one winner.


Why? The winning number should get the pot end of story. IMO they should even make lottery wins tax free.

 

[bubbatime]

Originally Posted By: cjcride
They should divide that into a hundred top prizes instead of giving it all to one winner.


Why should they do that? Most of the people that bought a ticket only bought a ticket because they were promised a very substantial sum of money. Is that your idea of "fairness" and redistributing wealth?

 

[Wolf359]

Originally Posted By: supton
Originally Posted By: Miller88

I don't gamble.


That's funny, whenever I drive in MA, CT, NY I always feel like I'm gambling, but not with money.


It's not that big a gamble in MA. There's so much traffic, you can't really go fast enough to make it a big gamble vs other states.

 

[supton]

Originally Posted By: RISUPERCREWMAN
I would put this money in 100% safe places & would not invest a penny. There is no reason to invest this amount of money unless you are a greedy sob !


I would totally invest it. I'd do some sort of stock/bond split, until I had about $2M in bonds--after that I'd keep bonds capped, and let the rest roll. If the bottom fell out I'm guessing $2M in stable bonds would always make ends meet (until things stabilized), thus the rest could grow. [Of course I'd probably get a financial adviser and do differently, it's not like I've given serious thought to winning!]

It'd be nice to live off some portion of the growth, saving some of the growth, and otherwise disposing of it through charitable givings. Leave a chunk for the kids for when I kick it, leave some to some charities. Not sure if I'd want my name over some door, but it might be nice to somehow fund some future generation.

Who knows. Maybe it'd be nice to buy my own politician someday.