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Your Greatest Ambition

Your Greatest Ambition

  • Total voters
    37
Tucker Case said:
One time a guy in front of me in line at the 7-11 was spending $300 on Lotto tickets in front of me and I said, "How bout you just give me half of that, I'll kick you in the nuts, and then we call it a day?"

He didn't get it.
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I've said the same thing to friends who tell me they are going to Atlantic City.
 
To be a legend. I have modest goals.
 
At my age I have achieved some of my goals, a few have been mentioned here.

My last goal is to die like I lived.
 
jallman said:
A lottery is nothing but a tax on people that can't do math. Statistics, specifically.
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I concur, we have a government premium bond over here, the capital sum that you invest remains the same (apart from inflation) and each £ bond is place in a draw monthly for prizes up to £1000,000.

With the current interest rates so poor I put £20k into it last month and by some fluke I got a winners cheque for £150 last week, not much but it made me happy, as I have never won anything before:)
 
CaptainCourtesy said:
I've said the same thing to friends who tell me they are going to Atlantic City.
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I would say it to those people if they were playing anything but poker. If it was poker, I'd sit down next to them and actually take their money and forgo th ekick to the balls altogether. :mrgreen:


P.S. This is because poker is the only game for people who can do statistics. ;)
 
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apdst said:
If I were win 7 figures in the lottery, my first stop, even before going to get the money, would be a lawyer.
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I don't play for less than 9 figures.

jallman said:
A lottery is nothing but a tax on people that can't do math. Statistics, specifically.
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Statistics: Let's assume the Powerball lottery. You have just over a 1 in 38 million chance of winning for every dollar you spend on the game. That means that if the amount of the prize money-- after taxes and the hassle of collecting-- is over $38 million, statistically it is a profitable venture. If you buy any number of lottery tickets only when the prize is over $100 million, you will eventually profit barring the possibility that you're forced to split your winnings with another player.

The only limitation is the fact that you will not live for an infinite amount of time and thus cannot predict whether or not your inevitable victory will fall within your limited lifespan.

Of course, there are more reliable investments with better returns over time. But they cost more-- usually much more-- to get started with.
 
To hit a walk off, inside the park grand slam in the seventh game of the world series.

It's probably getting a bit late for my ambitions to be realized.
 
Done the world travel thing, raising a family now and I have donated 3 years of my time working with the poor in the 3rd World.

My greatest ambition is to live my life like Cherokee did and face my end days standing up and living life to the fullest at all times.
 
Who has the sig that says something around the liking of: "I'd rather live one brave life, than a million rich ones"? Anybody? Maybe wrong forum? But I feel the same sentiment as is in the sig.
 
Korimyr the Rat said:
I don't play for less than 9 figures.



Statistics: Let's assume the Powerball lottery. You have just over a 1 in 38 million chance of winning for every dollar you spend on the game. That means that if the amount of the prize money-- after taxes and the hassle of collecting-- is over $38 million, statistically it is a profitable venture. If you buy any number of lottery tickets only when the prize is over $100 million, you will eventually profit barring the possibility that you're forced to split your winnings with another player.

The only limitation is the fact that you will not live for an infinite amount of time and thus cannot predict whether or not your inevitable victory will fall within your limited lifespan.

Of course, there are more reliable investments with better returns over time. But they cost more-- usually much more-- to get started with.
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Actually, The odds of winning the grand prize in Powerball are a over 195 million to one.
 
Korimyr the Rat said:
Statistics: Let's assume the Powerball lottery. You have just over a 1 in 38 million chance of winning for every dollar you spend on the game. That means that if the amount of the prize money-- after taxes and the hassle of collecting-- is over $38 million, statistically it is a profitable venture. If you buy any number of lottery tickets only when the prize is over $100 million, you will eventually profit barring the possibility that you're forced to split your winnings with another player.

The only limitation is the fact that you will not live for an infinite amount of time and thus cannot predict whether or not your inevitable victory will fall within your limited lifespan.

Of course, there are more reliable investments with better returns over time. But they cost more-- usually much more-- to get started with.
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I don't know where you got your numbers from, but they're wrong. Here is the expected value for Powerball (from Wikipedia):

Jackpot CashValue WinningsPerDollar
$20M $15M $0.22
$50M $25M $0.30
$100M $50M $0.43
$200M $100M $0.68
$300M $150M $0.94
$323M $161.5M $1.00
$350M $175M $1.07
$400M $200M $1.19


In other words, you are losing money unless the jackpot is more than $323M. It has only paid that much TWICE in the entire history of the game. And even if the jackpot was $350M, your ROI would be better investing in the stock market.
 
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RightinNYC said:
You're harshing my buzz broseph. Next, you're going to tell me that it doesn't involve being drunk by noon every day sitting in your grotto with the real housewives of antigua and barbuda.
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I mistakenly believed that drinking beer all day was a part of it. That turned out to be a whole new level of wrong ideas. 'Specially when Mrs. Breadwinner came home. She didn't waste time explaining to me that new level of bad ideas, either.

Another erroneous idea about being a house hubby was that I wouldn't be dog ass tired when I got home and would have plenty of energy for sex. The only thing was, that when she got home, she was dog ass tired and had a headache and didn't have the energy for sex. Talk about a double edged sword!
 
Korimyr the Rat said:
I don't play for less than 9 figures.
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I figure that if I do win--the way my luck goes--it won't be the big money, it'll be the chicken feed money, so that's why I only go after the smaller jackpots.
 
Kandahar said:
I don't know where you got your numbers from, but they're wrong. Here is the expected value for Powerball (from Wikipedia):

Jackpot CashValue WinningsPerDollar
$20M $15M $0.22
$50M $25M $0.30
$100M $50M $0.43
$200M $100M $0.68
$300M $150M $0.94
$323M $161.5M $1.00
$350M $175M $1.07
$400M $200M $1.19


In other words, you are losing money unless the jackpot is more than $323M. It has only paid that much TWICE in the entire history of the game. And even if the jackpot was $350M, your ROI would be better investing in the stock market.
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That's actually really interesting. I would have never guessed that it was a good investment at any dollar figure.

If it ever gets up that high again, I might actually buy a ticket or two.


(Wait...does that account for income taxes and the lump sum amount? Cause that's like 2/3 of the amount right there. ****.)
 
Blackdog said:
Wow my plan involved nothing more than being happy every day, thats it. So far I am on the money!
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I'm with you 100% on that. I married well and it's been paid off in spades (happiness spades-not money spades :lol: )
 
I've heard of people spending a lot of money on the lotto but 300.00???? YIKES!

I buy a lottery ticket occasionally......few times a year.


$300.00??? OMG
 
missypea said:
I've heard of people spending a lot of money on the lotto but 300.00???? YIKES!

I buy a lottery ticket occasionally......few times a year.


$300.00??? OMG
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When I worked at a gas station about 12 years ago, we would just pull off a bunch of tickets from the rolls, and scratch them off, and hope that we at least broke even on how much we won vs. how many we took. Sometimes you had to throw in $20 at the end, and if you got lucky, you could get a $50 ticket within the first $5-10 worth of cards. One gal won $500 once. I got a $100 card myself, and proceeded to buy booze that I was legally allowed to sell, but not drink.
 
I went with achieving Wealth, since my son is already grown, though I still hope to have a daughter one day *tick tock*

upon achieving wealth it will enable so many other things including philanthropy and than dying broke
 
Tucker Case said:
I would say it to those people if they were playing anything but poker. If it was poker, I'd sit down next to them and actually take their money and forgo th ekick to the balls altogether. :mrgreen:


P.S. This is because poker is the only game for people who can do statistics. ;)
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Blackjack is the game for people who can do statistics.
 
How can world peace be an ambition? I can want world peace but it's not something I can be ambitious about. It would take the 'ambitions' of multiple individuals to achieve world peace. Anyways I guess my greatest ambition would be to be insanely rich by the time I'm 40. I'm already doing a lot of the other things so they're not that great anymore. I mean once you already start doing it it's not the same chase feeling anymore. Right?
 
CaptainCourtesy said:
Blackjack is the game for people who can do statistics.
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If they can also count a 6-deck shoe. Holding all the info in your memory takes a lot of practice, as I'm learning. It would be such a bonus if people were to say their hands out loud so I could use my auditory memory (which is like yours with the perfect recall thing).

Maybe I should partner up with a blind guy?
 
jallman said:
A lottery is nothing but a tax on people that can't do math. Statistics, specifically.
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Neal Boortz called a lottery "a tax on stupid people."

The one thing I like about them is that they are completely voluntary. Nobody is forced to pay a tax via a lottery.
 
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