What If You Won The Lottery?

[DL-CanesFan]

Won the Powerball???

I'll quote Waking Ned Devine to answer that....

"Lucky Sod!"

[DL-CanesFan]

I can't wait until North Carolina's lottery actually starts selling tickets. The ultra-conservitave religious right wing treasonous zealots keep trying to repeal the lottery act by throwing some horse-shit into court on a minor technicallity, and they try something new everyday. They keep losing in court, but it might delay the actual starting date of ticket sales. They actually tried to say that the lottery was illegal because the senate has to vote on a new tax three times on three different days before it can go in to effect. THE LOTTERY IS NOT I REPEAT NOT A TAX!!! Playing is OPTIONAL! How stupid can they be? A tax is MANDATORY!!! One day those idiots will get off of their asses and pick up a dictionary before they go to court, actually, they probably don't even know what a dictionary is. Most of these people only have one book in their house, and you don't have to guess that it isn't a book of French Literature from the 17th century, and the only TV show they watch (if the actually own a TV) is The 700 Club.

If you are reading this and you are on one of the many "pro-family commissions" trying to abolish the new lottery in NC, I wave my privates at you! I fart in your general direction! Your mother was a hampster and your father smelt of elderberries. Now go away or I shall taunt you a second time!!!!!!!

NOTE: This message is not meant to offend the open-minded moderate or contemporary Christian groups that understand what the lottery act means and are perfectly willing to allow the lottery have a home in our great state.

[BoTox]

OK, I detest the lottery but for absolutely none of the reasons you espouse.

First, the ones buying the tickets are often the ones least able to afford it. The guy in front of me needs a bath, shoes, less beer and should have bought food with his food stamps instead of selling them for 1/2 as much cash.

Second, the ones standing in line, trying to decide how to spend the last $2 they just won on the last $20 worth of tickets and holding up the line at my local market really piss me off. Pick a damn ticket and lose your money and get the hell out of my way. I've got milk and gas to pay for.

Third, how come they get to say it is a $300 million jackpot when its only a lump sum of $180 million? If you use this logic, I've got a $500,000 house (after all the mortgage payments add up over 30 years!) but it has a lump sump pay out of well under half that.

Lastly, why do you get so much better odds in Las Vegas and why do states have such a hard time actually using the money for the reason they got the law passed for? I could care less about the lottery since I don't play.

I've been to Las Vegas, I gambled and won a little. At least it was a fair game of chance. The lottery is not honest and would be illegal if it weren't run by the state. Period.

[guitar_a_goo_goo_ga]

somebody has got to win and you got to play to win. i only play powerball when the jackpot gets high.

[Guest diamondback688]

and actually botox, it was $365 million and the lump sum was $124.1 million after taxes...dont u read the newspaper...

[Gennie]

Okay,

I'll get into this fray.

MegaMillions just had a $267 million dollar winner in Ohio. It wasn't me, either. Therefore, the jackpot is back down to 12 million, pay out on a 26 year annuity. By the way, the person who asked about why the lump sum is substantially less. If you take the full annuity, the amount of money is invested into an 'Annuity' (which is why it's called that!) and then paid out over the life that annuity. While in the Annuity, it collects interest, which is what you're paid, along with some principal. If you take the 'lump sum', that is the actual amount of the lottery jackpot. If you invest that exact same amount in another annuity, with the same interest rate, you will have the same amount of money at the end of the annuity term.

Okay, now, Mega is back to 12 million, that works out to about $460,000 a year, or a little less than $300,000 a year, after taxes. So, let's say $300, 000 after taxes.

I will purchase a small plot of land, and build a three bedroom house on it. $150,000

I will pay off my '05 Malibu. I will not get another car. $20,000

I will spend $50,000 and go back to school to finish my pilot ratings. That should take six months.

I will give some family members up to $10,000 a piece. $30-40,000

Right there, I'm at close to the max. That leaves me about $40,000 to live on, less than what I make now per year, although more 'real' money, because the taxes have been paid.

In the second year, I buy my airplane!

Gary

[Guest diamondback688]

u can only give away 10,000 dollars a year that the person u give it to doesnt have to pay taxes on thast money is what i heard...

[ILDaddyDom4ABGirl]

First about the odds: 1 in C(50,6)... Not substantially better then 50^6. but anyway..

As to what I'd spend it on, and I know some of us act like children, I'm presuming we're all adult enough here to not judge other's fetishes.

Set up a trust fund for one of the local churches (tithe 10%... it's not just good business sense, it's the right thing to do) to help with feeding the poor.

Pay off the miniscule dept I own and the tiny bit my father, mom, and step-dad have (we're talkin lower five digits). Pay back my grandfather every cent I owe him with interest. I'd buy my grampa a house in montana by a lake and pay the taxes ahead of time. I'd by a place in Texas by a lake and do the smae for my dad. Mom and step-dad can live in IL.

Move back to the Dallas area. Set up a gaming store, just to have something to do when I feal like working (it DOES happen). Set up an arcade next door (same reason, and it's cool to share your toys). Donate enough money to Illinois Central College to set up wi-fi in EVERY classroom.

Buy a ton of Hasbro and WWE stock. After all, he who owns the most and coolest toys...

Buy a house for me somewhere in the Dallas Texas area... close enough to a highway to get around, far enough to not be bothered by my neighbors. Not a HUGE house, either... maybe a three bedroom with an indoor hot tub, a huge living room and a fireplace. Buy the property to both sides and build small house for my cousin Justin to move into next door and my friend Jose to move in on the other side with his wife and kids (the guys both need to get away from it all)

Hire a cleaning staff to come in once a week.

Set up a small press company for young adult poets and gamers.

Enter in the world series of poker.

Buy three copies each of every White Wolf and Wizard of the Coast book in circulation. Send one set to my cousin Justin.

A music studio somewhere in Plano, TX.

Ok... NOW for the odd stuff

Ponder trying to buy DPF and change my mind (I think I could do better). Set up a fetish clothing store in NYC and Chicago with thier own AB/DL section. Hire my friend Danielle to work there.

Set up a fund for research into gender disphoria.

Set up one of the rooms as a adult nursery. Would save back some money for clothing as I don't HAVE a baby girl yet. Once I did, drop 40k in clothing (costumes, diapers, basic clothing, etc)

Go to Vegas. Set up a once a month contest for a year where a woman has a chance of getting breast implants, so long as she also signs an agreement where I can't be held at fault and her cup size, when done, must EXCEED DD.

Buy a tour bus. Set up the inside as a gothic night club. Travel across the country, then to Australia, then England, Ireland, and Austria. Hit every Cam game I can in a year (don't know, don't sweat it).

Take a cruise with my dad to Hawaii (to feed the dolphins) and then to Archorage (to feed a polar bear).

Hold a big AB New Years party.

Hire a personal trainer... I need to drop about a hundred pounds or so.

Buy my own AM Radio station. Start up a talk radio show. See if I can get into syndication.

If the jackpot was big enough, buy White Wolf Publishing via hostile takeover.

Purchase clothing manufacturing company. Hire designer to make affordable, adult sized, baby clothing.

Purchase Bytemine (come on, don't tell me you've never thought about it)

Set up a trust fund for my neice for college, large enough that she can go to harvard, yale, AND UCLA if she wants to.

As far as cars... meh... I want a '79 mustang, a 2006 Scion (decked out by West Coast Customs for the video game freak that I am), and two custom hogs from Orange County Chopper, one for me and one for my pa.

Oh yeah, and last, but not least, get pro-wrestling lessons. Just cause it's sweet.

Daddy Rick in Illinois

[Guest diamondback688]

enter the WSOP i could do...buy bytemine maybe...some of that other stuff maybe...

[BoTox]

[bEGIN RANT]

What botox said is stupid. He must have had botox injected into his brain.

First, most of the places that sell tickets across the border from us have two lines: one for gas and groceries, and one just for lottery.

Second, the advertised jackpot is ALWAYS twice the lump sum. The Advertised jackpot is how much you will get only if you take the annuity payments. The lotto invests the money to double it so they can continue to pay you for the next 30 years. If you want to get technical, with a lump sum, you only get 25% of the money once taxes are paid.

Third, I play because I LIKE IT! I can afford to do it if I want to. I don't buy tickets with my "food money". In fact it PISSES ME OFF that moronic dickheads like you think that the only people playing are vagrants. DUMBASSES like you don't know that lots of people from all walks of life play the lottery both rich and poor.

You don't have to play! So keep your "I hate the lotto" comments TO YOURSELF!!!!!!!!!

Go ahead and think what few thoughts you can fart out of that narrow ass mind of yours.

Maybe one day you will have the enlightenment of an open mind and accept that things will happen whether you like it or not. SO S.T.F.U.!

[END RANT]

EVERY BODY ELSE KEEP POSTING WHAT YOU WOULD DO WITH THE MONEY!!!!!!!!

Ouch! A little testie aren't you! I'm guessing you are a bitter soul.

The actual numbers are immaterial as nobody here will ever win. Statistically speaking, if you bought every possible number, you'd spend 2-3 times the advertised payout or 5-6 times the real payout. Severly poor odds.

I have personally (PERSONALLY=seen it, heard it with my own eyes and ears) watched people do the things I stated. Period. Fact. Not open for debate. You are the one using tranferance to infer I said those things about you. I was actually referring to some of my own family instances I've witnessed. A cousin sold my mom his food stamps. Mom bought them because she thought it would "help" him get back on his feet. Instead, she just enabled him to continue a downward spiral that will end with him either homeless or in prison or even dead.

You can bet that if a Casino calls something a $100,000,000 jackpot, they better have a check for a cool 100 mil on hand and not some lame ass annuity or lump sum of approximately 1/2.

I don't play the lottery but I do gamble on occassion. I have much better odds of winning at a slot machine and getting more per dollar played than with lottery tickets. I can drink all night on $20 at the $5 blackjack table! The lottery would be so much different if it was run to the same standards as a REAL gaming establishment.

You also don't understand a rhetorical question either. I know the answer to each and every question I asked and THAT is why I don't play the lottery.

And last, I can get into the "spirit" of the lottery and did post what I'd do with it but I don't play and didn't comment on the subject until you ranted about how great it was going to be. The cold hard facts are still the facts. Statistically, you will never win and not playing is a better investment. Put your money in lottery tickets and Nigerian bank scams and Russian mob deals and I'll put mine in the bank. Let's see who's a millionaire first.

[Gennie]

"Purchase Bytemine (come on, don't tell me you've never thought about it)"

Don't think Bill would be willing to sell it. Want me to ask him?

Gary

[Guest diamondback688]

ok...u do know that 100,000,000 is one hundred mollion not 1 million yes??

[BoTox]

ok...u do know that 100,000,000 is one hundred mollion not 1 million yes??

Yeah, it was a typo. I was typing quickly and didn't proof it too well. I fixed it now. The point is the same: Real gambling can't get away with the same thing a state-sanctioned rip-off can.

Still it was no reason for him to go into sever name calling mode.

[dldad]

I, like many others have had many dreams of getting the big one. Have played our states lottery since it started. Played less these past few years. As long as one keeps things in perspective, don't use the bill or grocery money, then go for it. Some do have problems, especially when the jackpot gets to high. Among my dreams: Pay off all my bills. Help relatives. Have some charities to give to, also. Get a very nice house, and now one which would have an indoor pool, my wife just discovered she has MS, and that would help. Do some travelling, see many places all over the world. And be able to have an endless supply of diapers, which would greatly love, and could then also afford the best. And the best of many other things. Especially good food, not into outlandish eating establishments or really fancy meals. But with sufficient funds, invested, could develop some better tastes. Such are what dreams are made of.

[BoTox]

By the way botox, don't keep posting to this thread, you don't play, so you won't win. This thread does not concern blackjack tables and slot machines.

What you would do with the money if you won the jackpot is the only reason behind this thread.

This argument is officially over.

How quaint. Little boy thinks he's in charge. I DID state what I'd do with the money. You politicized it and I simply shed light on the other side of the debate you were defaming, much like you are attempting to malign my character and heritage. Notice I've refrained from your tactics.

[ILDaddyDom4ABGirl]

"Purchase Bytemine (come on, don't tell me you've never thought about it)"

Don't think Bill would be willing to sell it. Want me to ask him?

Gary

Nah, but I WAS looking at it from a more business side of things. Note the other AB related businesses I'd LIKE to start. Gotta give Bill credit where it's due. The man has a good, successful business, and, even if he WAS willing to sell it, I'd at least try to hire him on to run it and KEEP it successful. That being said, it IS just a pipe dream. We'd all be better off with Bytemine in Bill's hands and me with a lifetime membership instead.

Of course, I'd be happy if I get enough cash from my upcoming birthday (apparently, I have a few relatives who think a grandson/grandnephew who visits regularly are great things) to pay for gas and a... well... membership for both Bytemine (ok, enough free press) and iluvdiapers (I think that's the site that helps keep this one, for whom we are al much appreciative of and I'm done brownnosing now) and gas for the rest of the semester.

We'll see...

Daddy Rick in Illinois

[bigbabbyblue75]

Well i would help my falmy first then i set me self up for life like house car not to much put away as much as i need to live maybe stock or bonds then i put the rest it to researh on things that would help man kind, and if i could maybe a ticket to space it a life dream of mine

[Dill_Pickle]

I sometimes dream about what I would do if I won the lottery.

I would probably:

....

What about YOU?

Let's begin with the studies that show that the big lottery winnings tend to ruin people and leave them bankrupt in five years or so....

Rule #1:

I want to keep it a secret.....

Otherwise too many false "friends" will come out of the woodwork Hire someone I already knew to manage the excess funds so they grew some...and someone else to check on what the first was doing.

I will keep my job... and in general keep working, though on slightly more relaxed terms....

the human body is made to work....

Find an organization that uses engineering to improve the human or handicapped condition...or pick my own project, possibly neural replacement systems, possibly financing the development of a turbine-powered car getting approximately 100 miles per gallon.

Give substantial donations to various local environmental causes I know of...the environment is, in the end, the thing that will kill us all or allow us to survive.

Follow John Grisham's lead and buy up a large piece of land, which will then be permanently kept as forest

Lobby for full implementation of the clean air act of 1970.....and the abolition of the DMCA through the EFF. A much better, and fairer copyright and patent system would encourage the necessary innovations needed to sustain ourselves.

Set up a computer store that installs and maintains Linux installations for home and professional users. (One way to help break the Bill Gates monopoly)

[Sunshine2585]

I would probably make sure that my family were ok financially, and buy a house for my self, and maybe a holiday. Also, i would go on one of those intense driving courses so that i could learn to drive, then buy a car. Other than that i would probably put it in a high interest bank account and live off the interest

[edlomon05]

give some money to friends & family

give some money to my church(as i believe God helped me get that money)

pay up any bills

work less and just enjoy life really.

I'm not the rich kind of person, i like to be casual no matter what, dressing up is something i dont look forward to evebn though my dream job will require such a thing.

[Guest]

I'd be in diapers all the time for the rest of my life, never work, probably hire somebody to change my diaper.

Other than that, I'd continue my current lifestyle

[Billiardnut]

IF I won the lottery and after I had the check in the bank.

I would walk in to my boss' office, kindly tell him to "kiss my ass" throw my stuff on his desk and walk out.

Give 10% to my church

Get completely out of debt

Invest some of the money for my kids to go to any college

Go on a shopping spree

[kaithlyn_d]

hi it's me

if i hit jackpot, there is one thing i always thought about. the people that r homeless due to no fault of there own. i would buy a large piece of property, then subdivide it. then would have houses built. have a lawyer then advertise, and take applications. i would let people that were needy live in these houses, and if they live there for 15 years, then the houses would become theirs. there would be rules for them.

1. no drug users,or dealers.

2. family, would b the only ones to live there.

3. they would have to be willing to help the neighbor hood.

4. no police rcord. ie: murder, theft, ect.

i think that if most people were able to start again, then they would b happy too.

love yas all

heather

[Babyricky71]

If I won a 1 million dollars or more lottery. I would probably:

- start my own architecture buisness.

- save some money for my retirement.

- travel around the world, especially Europe and Asia, with my significant other.

- pay off my student and vehicle loans early.

- give some money to my family.

[DollyDiaper]

hi it's me

if i hit jackpot, there is one thing i always thought about. the people that r homeless due to no fault of there own. i would buy a large piece of property, then subdivide it. then would have houses built. have a lawyer then advertise, and take applications. i would let people that were needy live in these houses, and if they live there for 15 years, then the houses would become theirs. there would be rules for them.

1. no drug users,or dealers.

2. family, would b the only ones to live there.

3. they would have to be willing to help the neighbor hood.

4. no police rcord. ie: murder, theft, ect.

i think that if most people were able to start again, then they would b happy too.

love yas all

heather

I would echo much of what you say . A couple of years ago a friend (now former friend - who also posts on here) and I spent Christmas Day at the local centre for homeless young people. It was rewarding, educational (for me especially) and lots of fun. I guess it's inevitable that I remember one person in particular - a young person named Dennis, who arrived in silver-lamé dress, high heels and immaculate make-up and introduced herself as Denise. I had a long and extremely interesting conversation with Denise. I connected with others there too. Most of them had experienced a shite life already, but it was clear that they weren't without spirit or the potential to be 'whole' and well-rounded human beings.

Your point about no drug dealers I agree with. However, I've smoked a moderate amount of dope since I was 14 and I find it relaxing and non-addictive - I can take it or leave it but I like it (not to mention the therapeutic qualities regarding creaking bones and the physical discomfort of ageing!) In the quantity I use, no dealer would get rich, so I say legalise cannabis - let's have it out in the open and the rebellious element would be deflated.

I agree with your point about helping 'the neighbourhood' i.e. each other, as I think that should apply to all human beings.

As to the "no criminal record", I've taught in prisons and although there are some hard cases who become even more hardened in prison (clearly they need something other than prison - I know not what ) there are others who have grasped the economically limited education that is available and havent looked back.

I realise that a lot of the tax we pay is badly managed (wasted on weapons just one example) but many people are more than happy to spend a lot of their money on buying lottery tickets but are in uproar when anyone suggests raising Income Tax by 1p to help improve our education system. This prompts a quotation I read somewhere "Lottery - a tax on people who are bad at maths."

Being the ageing cynic that I am, I do have reservations about hiring a lawyer, as you proposed. I agree that it would probably be necessary in your (fab) plan but I've recently been charged £37.50 for a 5-minute consultation with my solicitor! I was reluctant to make a Will in the first instance, but I was urged to do so because I'm fortunate enough to have my own home and Probate would have been a major prob without one. I just wanted to make one minor change - as I said, this took 5 minutes. Now, maths may not be my strong suit but I make that 12 x £37.50 = £450.00 per hour!

No need to win the Lottery, train to be a lawyer!

D lly