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Powerball - no winner, now 1.3 billion

Discussion in 'Members' Lounge' started by Briansol, Jan 10, 2016.

  1. Briansol

    Briansol Admins Admin VIP

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  2. corvetteguy78

    corvetteguy78 Well-Known Member VIP

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    I'll buy a few tickets until there is a winner....and if i win....I'm buying Montana
     
  3. Jeef

    Jeef NO MA'AM Moderator VIP

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    2 bucks down the drain. I wonder what the jackpot will get up to by the next drawing.
     
  4. E_SolSi

    E_SolSi Member of the 20 nut club Moderator VIP

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    apparently they recently (October) made some changes to powerball that seem to specifically be for the purpose of jacking up the big jackpot numbers (by cutting the chance of winning it almost in half)

    https://www.lucke-zone.com/Details/2015/7/8/Changes-to-Powerball-game-coming-in-October

    was gunna throw a few bucks at last nights drawing but didnt end up doing it
    maybe i will on the next one :shrug:
     
  5. Drake

    Drake Well-Known Member VIP

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    If any of you guys win don't forget about us alright?
     
  6. tab

    tab Super Moderator

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    I honestly don't know what I'd do with that much money. I'd retire, and work out a couple hours a day. My wife would have a rack that looked like two grapefruit side by side. Buy a nice house and some sweet toys. Then what? Travel I guess.....
     
  7. get_nick

    get_nick These snozzberries taste like snozzberries... VIP

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    The funny thing is, this poor people tax doesn't really help anyone. Plus, I'm a lottery truther. I believe the government picks the numbers based on how much revenue it will generate for them and decides what day there will be a winner.
     
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  8. cheese9988

    cheese9988 Senior Member VIP

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    Exactly! I don't know if I believe in the government rigging the numbers, but why even bother buying a damn ticket? The odds are 1:292,200,000. That means that you have 99.99999966 % change of not winning.
     
  9. corvetteguy78

    corvetteguy78 Well-Known Member VIP

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    for 100's of millions of dollars, I'm going to pay down a few bucks and take a chance. i just won't go to D&D for a couple days.
     
  10. civicious

    civicious FüK-VTEC VIP

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    I won't go as far as to say I think the government rigs the numbers, but SOMETHING about it seems off...I don't buy lottery tickets, regardless - my house doesn't have wheels.

    #whitetrashtax
     
  11. GSRCRXsi

    GSRCRXsi Super Moderator Moderator VIP

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    they changed the rules. making it harder to win the jackpot (odds of winning went from 1:175mi to 1:292mil). they did this to get giant jackpots like this. they also increased the odds of winning the smaller prizes (like the ones under $100). the massive jackpots get a ton of publicity and makes ticket sales skyrocket.

    and #poorpeopletax is probably more inclusive. poor people make up most of the sales.
     
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  12. GSRCRXsi

    GSRCRXsi Super Moderator Moderator VIP

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    i'll prob drop $10-$20 on it this time though. I can afford to lose it.
     
  13. BigJ

    BigJ I'm just about that action Boss. VIP

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    I put $5 into the work pool and $4 for the missus and me. That's about it....
     
  14. Briansol

    Briansol Admins Admin VIP

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    the odds are stacked against you. But they are also stacked against the person that won too. Fact is, someone does win it.

    is it rigged? i don't think so. it's on live tv in a vaccuum. that would be real hard.
    and why does it need to be? it's the tax they want anyway... and they get it.
     
  15. E_SolSi

    E_SolSi Member of the 20 nut club Moderator VIP

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  16. Briansol

    Briansol Admins Admin VIP

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    $1.5B/$930M cash

    I'm in for a few :D

    The way the stock market is crashing right now, a powerball win would be real nice. it's a blood bath in the streets.
     
  17. get_nick

    get_nick These snozzberries taste like snozzberries... VIP

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    take home $500 million after taxes. I'll take the annuity and finance my NFL franchise. :p
     
  18. chadcharb

    chadcharb Well-Known Member VIP

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    Take home for our state is closer to 700mil. We Don't have a state lottery tax
     
  19. Briansol

    Briansol Admins Admin VIP

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    why would you take the annuity?

    if you can beat 2% compounded over 30 years, you're better off not taking it.

    I'd hope anyone can do better than that over that time period just by throwing it in an s&p 500 fund.

    All these fianance idiots telling you to take the annuity work for annuity companies who want the management fees.
     
  20. E_SolSi

    E_SolSi Member of the 20 nut club Moderator VIP

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    i won $4
    doubled my money
    :happydance:
     
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