Welcome Guest
Log In | Register )
The time is now 2:50 pm
You last visited July 29, 2014, 2:48 pm
All times shown are
Eastern Time (GMT-5:00)

Set-For-Life lottery?

Topic closed. 6 replies. Last post 6 years ago by myzeus.

Page 1 of 1
41
PrintE-mailLink
Avatar
Entertaiment Capital
United States
Member #37800
April 19, 2006
302 Posts
Offline
Posted: November 19, 2008, 2:53 am - IP Logged

 I posted a similar thread about a couple of months ago but it was moved to a subforum where nobody visits. Sorry.

 NY has the set-for-life lottery game. And I think California used to have similar kind of game, paying the winner 1000 bucks a week. (MEH) But getting 5000 bucks a week, like in that NY game, is very attractive. I bet millions of people (who will never win anything) will be happy to settle with set-for-life game.

 If there's such kind of game in California and winners are guaranteed for every week, people will flock to the vendors. A lot of people will settle with a steady flow of income rather than one massive amount of jackpot.

    charmed7's avatar - Lottery-013.jpg
    MICHIGAN
    United States
    Member #65282
    September 22, 2008
    1849 Posts
    Offline
    Posted: November 19, 2008, 5:03 am - IP Logged

    If win a jackpot, I would prefer it would come in on a weekly basis. I

    think it would be a little more easier to handle.

      diamondpalace's avatar - Untitled 2.jpg
      Dallas, TX
      United States
      Member #60284
      April 12, 2008
      3855 Posts
      Offline
      Posted: November 19, 2008, 1:55 pm - IP Logged

      Write to your lotto headquarters and get your friends, family, pet to write too that you would like win-for-life type of game.

        GamerMom's avatar - tails

        United States
        Member #60535
        April 21, 2008
        460 Posts
        Offline
        Posted: November 22, 2008, 9:49 am - IP Logged

        I would too.  that's why i would pick an annuity rather than a lump sum.  I'm not sure what I would do with millions of dollars all at once.  I've never had thousands of dollars all at once LOL

          sirbrad's avatar - Lottery-062.jpg
          PA
          United States
          Member #22983
          October 6, 2005
          2010 Posts
          Offline
          Posted: November 22, 2008, 9:38 pm - IP Logged

          Yeah you would not have to worry about investing and losing your money all the time. But checks are paid yearly anyway not weekly, and that is the amount before taxes. I would even settle for $1,000 a week! That is plenty for my lifestyle, and I could always make more part-time if I wanted. I have lived on $500 a month before.

            savagegoose's avatar - ProfilePho
            adelaide sa
            Australia
            Member #37136
            April 11, 2006
            2782 Posts
            Offline
            Posted: November 24, 2008, 5:32 am - IP Logged

            the whole point of wining the lotto is to be " set for life " wether the state invests the money and i get a monthly income or, i invest it and get a monthly income. the goals the same, to sit on  my tush and watch the checks roooooolllllllll on in :P

            2014 winnings

            JAN -$48.50;  FEB  -$77.5; MAR -$18.05;  APR -$96.05 MAY -$61.10; JUN $-85;

              myzeus's avatar - Apollo
              Ohio
              United States
              Member #59677
              March 24, 2008
              78 Posts
              Offline
              Posted: November 25, 2008, 2:03 am - IP Logged

              It would be nice to have $5000 a week for life. Yes, it would be easier for me to save and handle $5000 a week. But if I had the choice of the weekly income or the lump sum, I would choose the lump sum payment.

              Sandy