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Thread: $590M-plus Powerball: 1 winning ticket sold in Fla

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by Deuce View Post
    And when buying malt liquor, how many times have you witnessed lottery purchases in excess of $100 by someone you know is on some sort of welfare?
    I have not personally witnessed such a scenario. I have witnessed people who appeared to be rather poor buy in excess of $20 at a time, and I am aware that the buying of lottery tickets in relatively large amounts is common occurrence in low income communities, particularly black ones.

    If you think I'm lying or making things up, meh. OK.
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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by ChrisL View Post
    I wonder why the person hasn't stepped forward to claim his/her prize yet? Maybe hiring a lawyer and an accountant or something? Maybe even changing their name.
    A wise choice. Hire a tax attorney so you can know exactly how to deal with the money so you can keep as much as possible. Sketch out a plan for how much to keep, how much to donate to charity, how to handle giving money to family/friends, etc.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by ChuckBerry View Post
    A wise choice. Hire a tax attorney so you can know exactly how to deal with the money so you can keep as much as possible. Sketch out a plan for how much to keep, how much to donate to charity, how to handle giving money to family/friends, etc.
    That's what I would do. I imagine it takes time to find somebody that you would trust too.

    OR, maybe the person lost their ticket and that's why he/she hasn't come forward.

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    I haven't checked my tickets yet but I don't live in Fl so I am still poor.

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by molten_dragon View Post
    That ignores the fact that most roulette tables have a maximum bet that is FAR less than several million dollars.

    And I think that far fewer lottery players are idiots than most people assume. Oh don't get me wrong, there are plenty out there, but I think there are a lot of people who play who realize their chances of winning are miniscule, and do it because it's entertaining. As long as you understand that, it's no different than paying for any other form of entertainment.

    I've gotten a lot more fun spending $2 for a powerball ticket and dreaming about what I'd do with $200 million if I won it than I've gotten out of things that cost considerably more.
    Of course, but it's to prove a point. There are gambling opportunities that have better odds out there.

    If people like doing it for fun, that's their choice. I like pointing out the mathematical insanity of it, that's my fun.

    Not to mention the state uses it as a massive revenue source. Should tell you something.

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by RabidAlpaca View Post
    If people like doing it for fun, that's their choice. I like pointing out the mathematical insanity of it, that's my fun.
    I don't get what you get out of pointing that out to people who, for the most part, already understand that.

    Quote Originally Posted by RabidAlpaca View Post
    Not to mention the state uses it as a massive revenue source. Should tell you something.
    It tells me that just like every other form of gambling, the odds are tilted in the house's favor. That's not news.
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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by Mathematician View Post
    My advice is to point out all the idiots who wasted money instead of focusing your attention on the newest millionaire who became such on pure dumb luck.
    a person that buys a lottery ticket is not wasting his money anymore then a person that buys a ticket to a rock concert.

    all you are doing is assigning your value judgments onto someone else. boo

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by ChuckBerry View Post
    I have not personally witnessed such a scenario. I have witnessed people who appeared to be rather poor buy in excess of $20 at a time, and I am aware that the buying of lottery tickets in relatively large amounts is common occurrence in low income communities, particularly black ones.

    If you think I'm lying or making things up, meh. OK.
    Who cares? If someone spends their money foolishly, that's on them. It's not like they're going to get any MORE money because they spent some on the lotto.

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    I pray it's some 50 yr. old crackhead just to follow how long he or she stays alive.
    It's nothing more than X's and O's.

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    Re: $590M-plus Powerball: 1 winning ticket sold in Fla

    Quote Originally Posted by ARealConservative View Post
    a person that buys a lottery ticket is not wasting his money anymore then a person that buys a ticket to a rock concert.

    all you are doing is assigning your value judgments onto someone else. boo
    I'm not "assigning my values", but rather applying mathematics and logic. Someone who pays to go to a rock concert is purchasing entertainment. Since fun is a part of life, they have a goal in mind of enjoyment when they purchase the tickets and there is a reasonable expectation that it will be fulfilled when they attend. Lottery tickets, on the other hand, are purchased with the hopes of winning money. I think it's fair to say, those who play don't get much entertainment out of watching the balls pulled roll down the slope, especially when they don't match the numbers they chose. Instead, their goal when they purchased the tickets was to win money. However, the odds are terrible of their goal in this case. Pure mathematics, in particular the law of large numbers, shows that anyone repeatedly playing the lottery will go broke on the long run almost surely.
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