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Eastern Time (GMT-5:00) | 48 Philly transit workers win $172M Powerball jackpotnew york United States Member #123028 February 11, 2012 124 Posts Offline | | Posted: April 30, 2012, 7:20 pm - IP Logged | |
would rather be in a large pool and win then play by myself and lose | | |
Florida United States Member #61918 May 22, 2008 582 Posts Offline | | Posted: April 30, 2012, 7:53 pm - IP Logged | |
Congrats to the Philly Bums. Don't lose your positve attitude!! You will win one day, you may die the next day but you will win eventually!!  jk....I have a warped sense of humor!!  | | |
Ridge Runner - Oracle of the Appalachians Way back up in them dadgum hills, son! United States Member #74415 April 28, 2009 12623 Posts Offline | | Posted: April 30, 2012, 8:13 pm - IP Logged | |
It depends on which statistics you look at. How often a pool wins has nothing to do with it. It's about how many people win and how much they win. So far this year 4 people have won by playing alone and 48 have won as a result of playing in a pool. 12 times as many people won as a result of playing in a pool. 48 people will take home about $1.5 million after taxes (assuming they take the cash). The other 4 will get about $50 million each, as an average. I'd rather have $50 million than $1.5 million, but that $1.5 million is still about $1.5 million more than either of us has won. Actually, groups seldom win compared to individuals. An individual is much more likely to win than a group. And as an individual you don't have to split with anybody if you don't want to. And you don't have to deal with the inevitable lawsuits and the sleazy, slimy, slithering, squirming, worm-like lawyers. .
“Let us disappoint the men who are raising themselves upon the ruin of this Country.” -- John Adams
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S.E.Iowa United States Member #120520 December 21, 2011 534 Posts Offline | | Posted: April 30, 2012, 8:31 pm - IP Logged | |
would rather be in a large pool and win then play by myself and lose I'd rather play by myself and win than play in a pool and win (and have to share with a bunch of people). When I was a boy I was told that anybody could become President; I'm beginning to believe it. ~Clarence Darrow There ought to be one day - just one - when there is open season on senators. ~Will Rogers | | |
new york United States Member #123028 February 11, 2012 124 Posts Offline | | Posted: April 30, 2012, 9:12 pm - IP Logged | |
I'd rather play by myself and win than play in a pool and win (and have to share with a bunch of people). dont we all but in this case you would want to be in the pool | | |
S.E.Iowa United States Member #120520 December 21, 2011 534 Posts Offline | | Posted: April 30, 2012, 9:21 pm - IP Logged | |
dont we all but in this case you would want to be in the pool No,I wouldn't. When I was a boy I was told that anybody could become President; I'm beginning to believe it. ~Clarence Darrow There ought to be one day - just one - when there is open season on senators. ~Will Rogers | | |
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Orangeburg, SC United States Member #77690 July 15, 2009 4 Posts Offline | | Posted: April 30, 2012, 9:35 pm - IP Logged | |
This week, for the $172 million Powerball, workers each put in $5 to buy 120 tickets. | | |
Ohio United States Member #120769 December 27, 2011 194 Posts Offline | | Posted: April 30, 2012, 9:41 pm - IP Logged | |
$3 millions is only life-changing money to thoses who don't have it.
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kings mountain United States Member #118682 November 5, 2011 183 Posts Offline | | Posted: April 30, 2012, 9:51 pm - IP Logged | |
Congrats (not really but everyone likes to make like they are happy for others getting lucky winning), BUT this is exactly why I hate lottery pools. You take a huge, lifechanging sum of dough and reduce it to just a nice, little nest egg that requires many younger folk to keep working present job. That $3 mill is about what I would win if I just played and won my state lottery. And folks, that is not $3 mill cash value they won...no it is the annuity value so each will only receive a little over $100,000 per year. Not lifechanging at all! That is so anti-Powerball or Mega Millions. If you are going to do a pool, limit the number to no more than 5 people. As soon as I saw 48 won, my immediate thought was "Stupid". Now I want to be stupid rich, so come on Mega Millions. And no, I am in NO pool! 100 grand is not life changing?? I assume you are making a 100k a year???? | | |
United States Member #72957 March 18, 2009 784 Posts Offline | | Posted: April 30, 2012, 9:57 pm - IP Logged | |
Congratulations 48 Pennsylvania winners! This is a good, tidy, Powerball jackpot lump-sum share win of apx. $1.68M each (after initial Fed 25% Income Tax are taken out, and monies received)! Though the article indicated that some of these 48 jackpot sharing winners will retire, I think that would be foolish, so I hope they didn't officially indicate so to their employer. That is, of course, unless those were the people that were already at retirement age and they are already entitled to the Philly Transit's generous retirement, annual benefits package. Had there only been 38 lottery pool participants, many would have been able to retire and not care about not earning retirement benefits -- another example of 'lottery pools gone too big'! 
Having millions of dollars in my financial accounts means more, consistent fun for me.
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mid-Ohio United States Member #9 March 24, 2001 16131 Posts Offline | | Posted: April 30, 2012, 10:24 pm - IP Logged | |
Congrats (not really but everyone likes to make like they are happy for others getting lucky winning), BUT this is exactly why I hate lottery pools. You take a huge, lifechanging sum of dough and reduce it to just a nice, little nest egg that requires many younger folk to keep working present job. That $3 mill is about what I would win if I just played and won my state lottery. And folks, that is not $3 mill cash value they won...no it is the annuity value so each will only receive a little over $100,000 per year. Not lifechanging at all! That is so anti-Powerball or Mega Millions. If you are going to do a pool, limit the number to no more than 5 people. As soon as I saw 48 won, my immediate thought was "Stupid". Now I want to be stupid rich, so come on Mega Millions. And no, I am in NO pool! Why waste the words if you don't mean them? Besides, there nothing stopping an individual from spending $248 on a lottery drawing same as 48 people each contributing $5 in a pool but a fear or losing it. * The fundamentals of winning a lottery jackpot *
* play a lottery you can win *
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United States Member #122703 February 6, 2012 202 Posts Offline | | Posted: April 30, 2012, 10:31 pm - IP Logged | |
She did not pay, she did not play, that is it. She was even reminded to pay and play via email and did not. End of story. Maybe she should not have used the money to buy that pack of cigarettes or whatever else. She will most likely try to sue, but I see very little basis for her suit. I can't for the life of me figure out why you would not want to be part of the pool with a large jackpot like $172 million on the line? | | |
Indiana United States Member #124872 March 21, 2012 41 Posts Offline | | Posted: April 30, 2012, 10:39 pm - IP Logged | |
Congratulations to them! This does point out one thing: there needs to be universal winner disclosure publicity levels. Why should winners in, for example, Deleware, be allowed to remain annonymous when those in other states are forced to reveal their name & city they live in? If the powerball & megamillions are multi-state, then there should be one winner disclosure level on all states involved in the lotteries... Regarding being anonymous but for now I'll purchase my tickets in another state which does allow a person to be anonymous. Congradulation's to the winners. I'd certainly be content with that amount. May You Prosper and be in Health! | | |
new york United States Member #123028 February 11, 2012 124 Posts Offline | | Posted: April 30, 2012, 10:42 pm - IP Logged | |
lol sure you wouldnt want $3 million | | |
Redwood City,California United States Member #71007 February 3, 2009 137 Posts Offline | | Posted: April 30, 2012, 10:46 pm - IP Logged | |
Spokesman,Richard Maloney says "$3 Million is not a whole lot of money"for a young person.Let's say each of the winners gets $1.5 million after taxes.At 4.5 percent interest a year,I think it would be around $60,000.I think I could live with that.And that IT technician lady who opted out.What was she thinking "I'll think I'll wait until the jackpot gets back to $12 million".Doesn't make a whole lot of sense.When the lottery jackpot gets way over $100 million,that's when you would want to play.Congrats to the 48 transit workers. | | |
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