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3 Winning Tickets in $564M Powerball Drawing

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disappoint said:
Try reading your posts. Then you'll really have something to gripe about.

My posts make you think. Your posts are just negative nancy bellyaching over how you don't like what I post. If you don't like it don't read it. If you can debate it rationally (haha I almost typed that with a straight face) then do so, otherwise, go play the lottery, read about Kim Kardashian's booty, go play in the NEF thread or whatever it is the cognitively deficient do with their time these days.😛
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Maybe you should take your own advice and stay out of a lottery thread?

This is the reason no one invites you to parties.
 
I just wasted $10 today buying a car wash at a gas station. Went to enter the car wash after filling up only to find out the car wash was closed. That's 5 Powerball tickets.
 
A reenactment of recent posts....
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688923bb-ae76-4c89-9357-7826841160cf.gif

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600x330
 
ponyo said:
What's power play? I'm putting in my $2 too.
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you pay an extra buck and whatever you win ~ it's doubled.
nvm

it can be upto 5x

5X
Prize Won Times 5

1 in 10
4X
Prize Won Times 4

1 in 10
3X
Prize Won Times 3

1 in 3.33
2X
Prize Won Times 2

1 in 2
 
Train said:
Maybe you should take your own advice and stay out of a lottery thread?

This is the reason no one invites you to parties.
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Why should I stay out of the thread?

Do you feel threatened by my posts? Are you afraid that if I educate people against the lottery that people will play the lottery less and your taxes will go up? Are you afraid that the government will be less able to fleece the American public with extra taxes on the cognitively deficient, the ignorant to the lottery scam or those bad at math?

Why don't you let go of that fear you carry around like skin lesions on a measles victim and believe in the herd immunity against stupidity that I am handing out for free on the internet? 😛:awe:
 
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disappoint said:
Why should I stay out of the thread?
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Because you're not contributing anything. And it contradicts your own "if you don't like it, don't do it" theme.
Do you feel threatened by my posts? Are you afraid that if I educate people against the lottery that people will play the lottery less and your taxes will go up? Are you afraid that the government will be less able to fleece the American public with extra taxes on the cognitively deficient, the ignorant to the lottery scam or those bad at math?

Why don't you let go of that fear you carry around like skin lesions on a measles victim and believe in the herd immunity against stupidity that I am handing out for free on the internet? 😛:awe:
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Nope, none of those.
 
disappoint said:
I wouldn't feel horrible at all.

How horrible would you feel if you could have won the lottery if you had played all of those times that you didn't?

Because that is essentially the same thing. Playing or not playing is a choice that you make. Every time you decide not to play you could have won. If you write down numbers and they come up you should not feel horrible because had you not played at all the outcome (not winning) would be exactly the same.
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If I spent the time to actually write numbers down, not spend a whopping $2 (cost of coffee) and those numbers came up, I would be very sad. Especially at $450mm (even paying taxes, splitting jackpot, etc). That is is a life changing event.
I don't play on a regular basis. Can't even recall the last time I bought a lotto ticket. Probably was the last time it was $350mm+.

If I spent the effort to write down numbers for every single powerball drawing and then review those numbers after every drawing....wait, we are now wasting more time and effort than my $2 random ticket once a year.
 
And the winner is... Federal government in any case.
And for those that bought tickets: the new millionaire will get your bucks on top of $450mil-tax, so why would you give more $ to them?
 
disappoint said:
Correct me if I'm wrong but from my understanding the state is the one paying you. Should you actually win they will take the tax out before they pay you.

If only the lame brain lottery winners were motivated enough to get together and hire lobbyists to change the rules so they don't have to pay taxes by making a case for being job creators, and if the state lottery commission would take the winners seriously with booze on their breath, cocaine residue on their nostrils and hookers waiting in the limo you might have a chance at skirting paying taxes on your winnings. In the meantime though I think you will have to deal with the fact that the taxes on lottery winnings are there to artificially inflate the jackpot dollar amount to drum up interest so that the states can collect more taxes from their mathematically challenged constituents.
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But, the powerball is multi-state. Could I say, "see ya' NY," pack my stuff and rent a trailer 20 miles from here in Pennsylvania, then turn in the winning ticket in PA? That would save me 4 or 5 percent, assuming that I'd be paying the top rate for either state. 5% of $200,000,000 is a lot of money.
 
DrPizza said:
But, the powerball is multi-state. Could I say, "see ya' NY," pack my stuff and rent a trailer 20 miles from here in Pennsylvania, then turn in the winning ticket in PA? That would save me 4 or 5 percent, assuming that I'd be paying the top rate for either state. 5% of $200,000,000 is a lot of money.
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I may be wrong, but I think it actually is based on where the ticket was purchased. I can't remember where I heard that though.
 
Ns1 said:
so is EV > 1 yet?
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No. You would be looking at something like $200 million or less after taxes, divided by the 1 in 175 million odds is around $1.14, and the tickets cost $2.

I might still pick up a few for the fun value though.
 
DrPizza said:
But, the powerball is multi-state. Could I say, "see ya' NY," pack my stuff and rent a trailer 20 miles from here in Pennsylvania, then turn in the winning ticket in PA? That would save me 4 or 5 percent, assuming that I'd be paying the top rate for either state. 5% of $200,000,000 is a lot of money.
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Not sure of the rules regarding that so it's best if you get your info from the lottery commission itself. They have a website for that and it might be in the FAQ on that site though I haven't checked to be sure myself.

gorcorps said:
I may be wrong, but I think it actually is based on where the ticket was purchased. I can't remember where I heard that though.
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This sounds about right but like I said I'm not certain.

If the border is only 20 miles away you could buy your ticket there. You could also skirt taxes even more by starting the Church of Dr. Pizza. Your deity could be Sir Isaac Newton or Gottfried von Leibniz and your sacred tome a Calculus book.

Why the govt. in it's infinite wisdom would grant tax leniency to a bunch of B.S. artist religions and not to academia I leave as an exercise to the reader with my apologies for any aneurysms or anger issues resulting thereof.
 
what fascinates me is not the 'what would you spend the money on' question but rather what would you do between figuring out you're a winner and actually being confirmed a winner by the lottery commission.

What do you do? Who do you tell? Who do you trust? Do you google search where to turn in your tickets? Are you afraid someone tracks you down? What about the drive to the lottery office? Everyone knows the winning ticket was sold in your city. Is this like the movie "Swat" where people are camping outside the building waiting for the winner to show up looking nervous? Do you call your lawyer to ask questions about claiming the money/taxes? Can you trust him (note - you can call me - I can be trusted)?
 
Jeeebus said:
what fascinates me is not the 'what would you spend the money on' question but rather what would you do between figuring out you're a winner and actually being confirmed a winner by the lottery commission.

What do you do? Who do you tell? Who do you trust? Do you google search where to turn in your tickets? Are you afraid someone tracks you down? What about the drive to the lottery office? Everyone knows the winning ticket was sold in your city. Is this like the movie "Swat" where people are camping outside the building waiting for the winner to show up looking nervous? Do you call your lawyer to ask questions about claiming the money/taxes? Can you trust him (note - you can call me - I can be trusted)?
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I'd fucking tell no one. As hard as that might be. I wouldn't do a damn thing until money is in hand.
 
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