Powerball now only $40m

[luv2liv]

damn, i didnt win. woke up in the middle of the night to find out i gotta wake up 7am to fix the stupid house.
good luck to those who won

 

[RavenSEAL]

Well, someone in fucking Rhode Island is now a multi-millionaire:

No Florida Jackpot Winner
Jackpot Winner(s) in: RI

Draw Date: 02/11/2012

Next Draw:
$40 Million
Draw Date: 02/15/2012

http://www.flalottery.com/games-powerballMain.do

 

[Jeeebus]

fuck me. didn't win.

Time to think up a new retirement strategy.

 

[JEDI]

Powerball jackpots could hit $1B:

http://www.greenbaypressgazette.com...-jackpots-could-hit-1-billion-under-new-rules

Can the jackpot in the new game hit $1 billion? In this game design, it is predicted to happen about once in 10 years.

so ~$600M cash prize

 

[conehead433]

Ten players won $1 million each when the jackpot was $340 million. None of the ten had paid the extra dollar for Powerplay which would have given them each $2 million each instead. So you should probably go ahead and cough up the extra dollar so you wouldn't be kicking yourself like these people. It's actually a sucker's bet, and you'll probably never win enough to recoup the extra money you spend, but at least when you do win anything other than the jackpot your reward is multiplied.

 

[Dr. Zaus]

You are completely ignoring the effect of taxes on your mutual fund investment. Even if you just buy and hold the fund's activities generate taxable income for you every year.

The insidious bit is that given how much it would cost a poor-person in various government benefits (food stamps, housing, EIC etc) it does make more fiscal sense to "invest" in the lotto than yourself. This welfare system is fucked... You can throw your money away: we'll give you more money; you want to be responsible despite having a very low income: we'll fuck ya.

 

[Dude111]

As if $40m pretax is worth $2 .... :\

Yes.... Can you believe only ONE PERSON won it in Rhode Island??

Holy Maird,thats all im gonna say!