They get 1 million I believe
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No winner yet, Powerball at $675 Million biggest in U.S History
- Thread starter Armadilo
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They get 1 million I believe
jetsetnickradio
Member
I've heard that the store gets $10,000 but that's just a rumor AFAIK. Never seen any evidence. And not to sound too cynical, but even if it's true I doubt I'd see any of it.
Shuggananas
Banned
Even if it were $1B grand prize it would be stupid to play though, lottery is the worst
jetsetnickradio
Member
I believe so. I see a few people win $4 off their Powerball tickets each day, but they usually spent more than that on the tickets :/
Most I've personally seen someone win off Powerball was around $550, which to me is nothing to sneeze at, but the man who won it just shrugged his shoulders and then bought more lotto tickets and some beer.
Well your close friends who see you every day would probably figure it out. I'd probably move to a more affluent area (gated community with snipers and a moat, lol).
But seriously, I think if you have a good head on your shoulders, you'll be fine.
bodyboarder
Member
Because the odds are stupidly big, so some people only bother when the prize is stupidly big as well.
jetsetnickradio
Member
That's what most people do. Honestly it's very rare for people to ever take the winnings in cash, they almost always use it to buy more tickets. Even if they won hundreds of dollars.
Please don't get addicted to lotto
Shuggananas
Banned
Honestly it is probably forced awareness.
For instance I had no clue what the powerball was up to til yesterday when everyone was talking about it.
A few friends wanted to get a few tickets each for the heck of it and now I'm like why not. A few bucks that really wasn't going to go to anything meaningful anyways, so why not. Gives us an excuse to all hang out for a bit.
No worries. I don't have one of those "addictive personalities" that I hear people talking aboutThat's what most people do. Honestly it's very rare for people to ever take the winnings in cash, they almost always use it to buy more tickets. Even if they won hundreds of dollars.
Please don't get addicted to lotto
Slayer-33
Liverpool-2
To not waste your money the vast majority of the time (throwing away money constantly on the lottery is stupid) and just jump on opportunities like these only since you never know. Even if it's just one line.
Totally worth it like this
Shuggananas
Banned
it's no more an opportunity than a $10M prize
Both are life changers, the odds are the same, it doesn't matter if it's 10M or 10B, you're wasting money playing this
Slayer-33
Liverpool-2
So you justify buying lottery tickets to no end just because there's always a low end jackpot that would be life changing regardless? You understood the logic as to why do it like I said right?
That's the point. Someone that's never inclined to waste money on these oods can justify spending $2 for a quarter of a billion. I don't gamble but I don't mind buying a line on these occasions.
Shuggananas
Banned
I don't justifiy buying tickets whatsoever, it's always a waste of money, no matter how big the prize is
Slayer-33
Liverpool-2
Yeah, but no one is going bankrupt or checking into gambling therapy over $2 dude.
I addressed what mascot was asking and gave him a reason why some do it like that. Totally understandable.
Actually, you can do a hell of a lot more with 10B. That's enough leeway to seriously change the world some
jetsetnickradio
Member
Also the odds of winning when you buy one ticket and the odds of winning when you buy 20 tickets are virtually the same*, so if you've got to play at least be kind of smart about it and don't spend enough money to where you could be going out for dinner or filling up on gas instead.
*Yes, obliviously 20 chances is a lot more than 1, but think of it like diminishing returns. Not even 1,000 chances would give you much of an advantage at all. You'll still almost certainly lose.
I will accept the burden of this money onto myself, so no one else has to suffer. I am a selfless guy like that.
Rich, you would probably become rich.
This.
Expected returns are decently close to ticket price
if you don't account for taxes
It's for fun.
Shao Kahn Brewing a Stew
Banned
C'mon GAF! BUY ME A TICKET!
SubScorpianZero
Member
statistically, it makes sense to buy a lottery ticket when the total is above 292 million since the odds are 1 in 292 million.
Shuggananas
Banned
but a ticket is $2 or more no ?
and this would make sense if you had a good chance at winning in your lifetime if you played everytime
SubScorpianZero
Member
the odds are 1 in 292 million according to CNN.
not saying youre chances of winning are all that great, but mathematically it's a smart thing to buy a single ticket just for the fun of it.
If they're $2 a ticket though, never mind!
edit: boooo, it is $2. Call me when it's at 584+ million then lol
double edit: oh wait, the jackpot is at $600+ million. Worth it again!
jetsetnickradio
Member
Man, I love Wawa. It's like a religion in south Jersey (where I'm from) but I live in Florida now, far away from any Wawas. My girlfriend got my brother to send me a bag of Wawa coffee for Christmas, though.
Anyway, yeah, you have until Saturday night
bodyboarder
Member
People do far stupider things then blow a few bucks on a lotto ticket.
Man, I love Wawa. It's like a religion in south Jersey (where I'm from) but I live in Florida now, far away from any Wawas. My girlfriend got my brother to send me a bag of Wawa coffee for Christmas, though.
Anyway, yeah, you have until Saturday night
Thank you!
Also, I'm in Florida, too. We have WaWas everywhere in Tampa Bay, and they've fast become a religion here as well. So... maybe you'll see them soon!
Going to a bar or sporting event and paying $10-15 for a beer is a waste of money. You can buy the same same exact beer for $2 at a grocery store.
Spending a couple of bucks once in a long while to play the lottery is not that bad. You might even win a couple of bucks. If not, you just wasted $10. Big fucking deal.
SubScorpianZero
Member
if you take the lump sum, you lose about half instantly. probably another 40% or so to taxes, ~200 million cash.
Shuggananas
Banned
you're paying the price and get a beer, you don't pay for a chance in 200 million to win a beer
jetsetnickradio
Member
Ah man, I have family in Tampa but I haven't been there in nearly 10 years. I live way out in the boonies.
Id like to think i could handle it after a lump sum and set up securities against myself so i couldnt blow it. But no way, i would take yearly payments. That way if i go broke, ill be back on top within a year.
Even the yearly payments would be more money than id ever imagine.
Even the yearly payments would be more money than id ever imagine.
It's always fun to think of all the things you could do with a lot of money. I used to buy tickets all of the time when I was really poor in hopes that I could win something to pay off all my debts. As I've grown older I realized more and more that the lottery sucks and it's like having a tax on the poor who seem to buy tickets in mass. i've heard all of the horror stories of big jackpots winners whose lives went to shit after winning or shortly thereafter. I think I'd rather not win that much especially considering I can't claim it anonymously in my state. I'd be fine winning the daily drawings with jackpots of $500 because they can be claimed at the gas station or store you bought the ticket from.
I don't even think you could really fuck up such a large lump sum.
Count me in !
I'm an expert
Formerly worldrevolution. The only reason I am nice to anyone else is to avoid being banned.
At least 12 people won $1mil yesterday and there were a bunch of 4 match+powerball in states. Again, someone always wins..why wouldn't you throw your name in the hat every once in a while.
I think the jackpot gets big enough to where your potential ROI actually comes out in your favor lol.
Concrete Charlie
Member
I'll buy a couple of tickets for Saturday. Good times watching the playoffs and then top it off with a couple hundred million before midnight.
Shuggananas
Banned
nice now you can play 18 more times for even bigger gainz !
what a bargain !
you have to count taxes though, and the price of a ticket
and even then you'd have to play millions of time to come out on top so uh
Big payouts are for chumps. I'm going to chisel away at the millions!
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