Powerball jackpot at $400 million - Oops! $1.5 billion - $40 mil

[ViviTheMage]

so you're nowhere close to fargo, nd?

Like 4 hours away, Minnesota/Dakotas are vast, haha.... fargo is probably 4-5 hours from Canada too, so not even the most northen yet.

 

[Schfifty Five]

I'd chip in, but I just lost $160 on gambling over the weekend, I mean stock market.

Wow $160?

I think I lost $10K over the last week. And that's nothing compared to probably many others here.

 

[ViviTheMage]

Wow $160?

I think I lost $10K over the last week. And that's nothing compared to probably many others here.

Damn, I feel bad after spending $120 and not coming out on top. If I had 10k, i'd probably just throw it all on black and hope for the best.

 

[Bird222]

And then what are you going to do, beat him up? I'm not saying he's the type to run and hide (I've done his pools before and he always scans the tickets for us)... I'm just saying there is literally no legally binding way to get the money from an online pool from what I've read. We could be as mad as we wanted and know exactly where his gigantic mansion is, and do nothing about it but cry.

Nevermind the fact that the way it's being done means that any winnings given out to the pool would most likely fall under gift tax... so not only would we take a tax hit, and the cash hit, the gift giver is required to pay taxes on any gifts given out past a certain amount which this most certainly falls under.

https://turbotax.intuit.com/tax-too...ing-and-Checklists/The-Gift-Tax/INF12036.html

It's just a lot more complicated than getting some money from your buddy. The amount of money changing hands is not something that's done easily.

People have killed for less money.

 

[highland145]

Yeah, a drive to ND, crazy talk. That is a little outta the way.

Better than S.C. 😀

 

[Imp]

Wow $160?

I think I lost $10K over the last week. And that's nothing compared to probably many others here.

That's the fun of the stock market. Shouldn't be a big deal with a long enough investment horizon and if you didn't put it all on black. At least there should still be dividends.

Now I'm tempted to buy lottery tickets in my home state again...

People have killed for less money.

People have killed for thousands.

More people would probably kill for 1000, 1000s.

A lot of people would probably kill for 1000, 1000, 1000s... Also known as a billion.

 

[Fanatical Meat]

Wouldn't that be fun, everyone meet in MN, grab our cash. Rent a private jet or 3, and fly to some country and hang out/party.

Or buy the playboy mansion its listed for 200 million, bunnies not included but I'm sure we could get an invite to the last party.
How does one participate in this new deal you have going?

Pm me the details

 

[Bird222]

Or buy the playboy mansion its listed for 200 million, bunnies not included but I'm sure we could get an invite to the last party.
How does one participate in this new deal you have going?

Pm me the details

PM sent

 

[Bird222]

A big part of why I'm doing this is for the story. It would be awesome to win this way. Same reason why I am playing a couple of fortune cookie numbers. 🙂

 

[Suspicious-Teach8788]

Should look into Bitcoins in the future as all those fiat payment services will freeze your money in a heartbeat.

 

[ViviTheMage]

Or buy the playboy mansion its listed for 200 million, bunnies not included but I'm sure we could get an invite to the last party.
How does one participate in this new deal you have going?

Pm me the details

check my site, first post tells you how!

vivithemage.com

 

[ViviTheMage]

Should look into Bitcoins in the future as all those fiat payment services will freeze your money in a heartbeat.

fiat payment services? I also prefer not to use bitcoin, because I want to know who paid. This is probably the one time I don't want it 100% anonymous, haha.

A big part of why I'm doing this is for the story. It would be awesome to win this way. Same reason why I am playing a couple of fortune cookie numbers. 🙂

Yeah, I don't know of an all internet group winning, we must be the first!

 

[Engineer]

Or buy the playboy mansion its listed for 200 million, bunnies not included but I'm sure we could get an invite to the last party.
How does one participate in this new deal you have going?

Pm me the details

With Hugh still wanting to live there, it's like a big ole reverse mortgage.

 

[BeeBoop]

Give me your name and phone number, I can send you money by Chase quickly. Once the account is setup, you only need to give out the email.

 

[JSt0rm]

Vivi - we will make it this time. And if not it will only be to collect on 2 billion.

 

[ViviTheMage]

Vivi - we will make it this time. And if not it will only be to collect on 2 billion.

I would just love to keep that cardboard check, haha.

Give me your name and phone number, I can send you money by Chase quickly. Once the account is setup, you only need to give out the email.

I don't want to set up another payment dealio though for a one off 🙁

 

[Suspicious-Teach8788]

fiat payment services? I also prefer not to use bitcoin, because I want to know who paid. This is probably the one time I don't want it 100% anonymous, haha.

I think the issue is that all these payment services is if they detect something is up they will freeze your account fast. Venmo is supposed to be friends to friends only and given they're also owned by PayPal, I wouldn't be surprised if they came in and shut accounts down over this. I've seen plenty of reports of even Craigslist sales resulting in flagged and frozen accounts. You don't want that.

The trick is all the AML requirements these companies have to deal with, and that's why something like a pool could spell bad news legally for them. Sure we have our own hurdles to get over if this indeed does win, but these companies don't want to be held in that. You saw what happened with your PayPal account.

Bitcoins aren't entirely anonymous, and that's why you have transaction IDs and so forth. As long as people are tied to a transaction ID, you know who paid you and so forth. The benefit is you don't have to worry about any account freezing or anything like that.

At the end of the day, if you get in trouble via Venmo or Google, we could too. With Bitcoin the authorities would have to prove you're part of a some illegal scheme and not only that prove that you or I control certain keys and therefore I could deny ever sending you any money. Shrug. Perhaps something to look into next time?

 

[Capt Caveman]

Give me your name and phone number, I can send you money by Chase quickly. Once the account is setup, you only need to give out the email.

Takes one minute to setup a Venmo account or send a Amazon GC.

 

[JSt0rm]

What in the world is wrong with a lotto pool? Like I get some asshole can lawyer up and try and get more of the money but what does that have to do with PayPal?

 

[JSt0rm]

I would just love to keep that cardboard check, haha.



I don't want to set up another payment dealio though for a one off 🙁

If we win the cardboard check is yours. We all can pool in and get u a solid gold gaudy frame for it.

 

[zinfamous]

done. sorry for the amazon gift card, but I can't use those apps on my surface pro. I sent some extra monies anyway.

As well as some love notes via John Donne. :wub:

 

[gorcorps]

we could all appear at the lotto office and have them split the $ before taxes, like if an office pool won.

btw Vivi- does MN have a rule that says you don't have to reveal the person who won?

Yeah, I thought about that. If everyone shows up in person it's just like an office pool :thumbsup:

I think if it's lotto, you can have the lotto agency divvy it out to a group of individuals, so you are only taxed once. There was a article I read where multiple people from different states did that and only paid tax once, they had a lawyer do it for them. That was a year or two ago I read it, so I can't find the link though.

That'd be nice. If we win I'd still make the trip out there to give ya a big ol' hug though :wub:

Spoiler

at a minimum :sneaky:

 

[Krazy4Real]

If we win the cardboard check is yours. We all can pool in and get u a solid gold gaudy frame for it.

I'm down for that.

 

[Krazy4Real]

Yeah, I thought about that. If everyone shows up in person it's just like an office pool :thumbsup:

But this is an internet pool! Vivi needs to show up with a laptop and have us all connected in over skype.

 

[Fanatical Meat]

What in the world is wrong with a lotto pool? Like I get some asshole can lawyer up and try and get more of the money but what does that have to do with PayPal?

I'd guess gambling is against their terms of service.