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Powerball lottery winners talk about hitting the jackpot

Topic closed. 93 replies. Last post 11 years ago by CASH Only.

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fja's avatar - gnome1

United States
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January 19, 2002
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Posted: November 14, 2005, 4:11 pm - IP Logged

For tax reasons the value of life can be determined by an actuarial table. No one said taxes are ethical or moral.

"Value" of life is not a term used by people in the financial industry.  The Law of Large Numbers which is used when determining Mortality Tables is based on statistics and demographics.  I agree that a person with a large fortune has certain responsibilities, including properly allocating his money and setting up a trust to secure the future of your loved ones.  However, that wasn't the subject matter to which I was responding.  Bob Cheney is in poor health, not just because of his age. His wife mentioned that he had been ill for a while.  We have no idea what these people plan to do with their money. Maybe he's building a church or maybe he's going to buy himself a private island. In any event, it's his money!

"value of life can be determined by an actuarial table"

If you want to get technical, the word "value" should be replaced by "risk factor" which is what an actuary uses to predict loss.

Maybe Mrs. Cheney is laying out the ground work for Bob's future illnessess.....This is going to be a suprising group of people...Probably gonna be fun to watch.....hope they stay in the limelight.

    justxploring's avatar - villiarna
    Wandering Aimlessly
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    November 5, 2005
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    Posted: November 14, 2005, 6:04 pm - IP Logged

    "You lost your home to the hurricane? Thats too bad. Win and move close to Rush Limbaugh. He wasbragging the other day, his only damage was some downed plants and trees. (He has his own full power generator.) "

    No, not from the recent hurricanes, but thanks for asking. It happened a while back, but it's tough to start all over again.  Rush & I wouldn't hit it off. Every time I hear one of his rants, it almost makes me wish I were a bleeding heart liberal again. Fortunately, my brain usually takes over when anemia starts to set in.

     

      justxploring's avatar - villiarna
      Wandering Aimlessly
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      Posted: November 14, 2005, 6:43 pm - IP Logged

      Chewie, you actually sound angry at them for winning!

      No anger, just an enormous dissapointment. 

      It is hard to get excited for someone who is ready to die.  The statement was made in regards to about feeling food because the old guy won.  My position has nothing to do with age, there are thousand of elderly out there running past me on the exercise track.  My position is, for this particular person, there is nothing to get excited about.  Look at the video.  He can't hardly move.  Buy a Hummer, and then need two assistants to get in and out of it?  Drive it maybe 100 miles, then leave it parked.  Nothing exciting there.

      The response had zero to do with how much a person can give away. It was about the winner having the ability to have fun with the money.  I will concede, it may be fund, sitting around giving away every penny, but nothing in what they said, and they said a lot, refers to anything like that happening.  Just keeping up the same old life.  Old people, who accept being old, are not exciting.  I made the appropriate positive comment about him; a wheel chair with mirrors.

      I once sold an expensive sports car to a paraplegic who was paralyzed from his chest down. He was only around 30 years old.  He sure was a master of those hand controls. When he drove off, one of the salespeople said the guy was lucky! At first I thought he was being cruelly facetious, but he said he'd really like to quit working and get a monthly check for being disabled.  So I guess money to some people has more value than I can imagine. He was actually jealous that this young man had a nice home and a new car-blech.

      We all know people who aren't as fortunate as we are. I'm betting there are people on this board who are physically challenged and might need assistance getting in and out of a car, maybe even a chair. That doesn't mean they have any less reason to be elated over winning money and making their lives more comfortable.  By the way, no matter what anyone says, it's never the "same old life" because having lots of money gives you peace of mind. That being said, a lot of wealthy people commit suicide, therapists say it's the number one reason couples fight - so who's to judge? For me I can truly say if I'm going to remain the same miserable person that I am, I'd rather be rich and miserable than poor and miserable.

       

        sirbrad's avatar - Lottery-062.jpg
        PA
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        October 6, 2005
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        Posted: November 14, 2005, 8:55 pm - IP Logged

        I'd rather be rich and miserable than poor and miserable.

        AMEN! Being rich has a funny way of taking the bite out of misery for many...

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          Sparta, NJ
          United States
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          July 9, 2005
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          Posted: November 14, 2005, 9:42 pm - IP Logged

          Chewie, you actually sound angry at them for winning!

          No anger, just an enormous dissapointment. 

          It is hard to get excited for someone who is ready to die.  The statement was made in regards to about feeling food because the old guy won.  My position has nothing to do with age, there are thousand of elderly out there running past me on the exercise track.  My position is, for this particular person, there is nothing to get excited about.  Look at the video.  He can't hardly move.  Buy a Hummer, and then need two assistants to get in and out of it?  Drive it maybe 100 miles, then leave it parked.  Nothing exciting there.

          The response had zero to do with how much a person can give away. It was about the winner having the ability to have fun with the money.  I will concede, it may be fund, sitting around giving away every penny, but nothing in what they said, and they said a lot, refers to anything like that happening.  Just keeping up the same old life.  Old people, who accept being old, are not exciting.  I made the appropriate positive comment about him; a wheel chair with mirrors.

          I once sold an expensive sports car to a paraplegic who was paralyzed from his chest down. He was only around 30 years old.  He sure was a master of those hand controls. When he drove off, one of the salespeople said the guy was lucky! At first I thought he was being cruelly facetious, but he said he'd really like to quit working and get a monthly check for being disabled.  So I guess money to some people has more value than I can imagine. He was actually jealous that this young man had a nice home and a new car-blech.

          We all know people who aren't as fortunate as we are. I'm betting there are people on this board who are physically challenged and might need assistance getting in and out of a car, maybe even a chair. That doesn't mean they have any less reason to be elated over winning money and making their lives more comfortable.  By the way, no matter what anyone says, it's never the "same old life" because having lots of money gives you peace of mind. That being said, a lot of wealthy people commit suicide, therapists say it's the number one reason couples fight - so who's to judge? For me I can truly say if I'm going to remain the same miserable person that I am, I'd rather be rich and miserable than poor and miserable.

           

          The discussion is not about a guy with the ability to drive a sports car.  This is the man named Cheney that could hardly walk to his chair; due to illness, not a handicap.  Keep it in perspective.  There are 80 year olds walking the Wall of China, this old guy is not ever going to be one of them.

          Cheers

          |||::> *'`*:-.,_,.-:*''*:--->>> Chewie  <<<---.*''*:-.,_,.-:*''* <:::|||

          I only trust myself - and that's a questionable choice

            fja's avatar - gnome1

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            Posted: November 15, 2005, 8:08 am - IP Logged

            Maybe they'll buy him a "rascal" chair

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              Chicago
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              Posted: November 15, 2005, 11:25 am - IP Logged

              Maybe they'll buy him a "rascal" chair

              I hope so, because nothing would scare me more than Grandpa Chaney driving down my block in his "HUMBEE" with his head barely visible over the steering wheel.

                sandjvalentine's avatar - Yavill
                New Member
                sc
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                Posted: November 18, 2005, 12:51 am - IP Logged

                Who really cares what they do with their money? It's their money. A cow might not be exciting to some, but maybe they always wanted one. Plus, I like the fact that they just disappeared with their money and shut up. I'll take one of them over a J.W. any time.

                couldn't agree more. maybe buying a cow was just for a little stupid show. you know like pretend they're stupid because they won. then, they suddenly disappeared! now imagine that!!! just when you thought some winners can't get their act together, there's such people who catch it back up and do something very smart. yeeey!!! to them. i hope nothing bad happened to them. but whoever made that comment about disappearing with a cow was very funny.

                 

                 

                 Poke ...   Puke  ...Let It All Out 

                  sandjvalentine's avatar - Yavill
                  New Member
                  sc
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                  Posted: November 18, 2005, 1:12 am - IP Logged

                  i don't care what everybody says about chewie's comment, he makes my day! ya'll just need to have a personality and laugh a little. understand the comment B4  respond. ur gonna hit urself in the head if u mess with chewie. not that m scared of him. i don't know him, but i like funny people.

                  okay, enough about chewie

                  you know,  i can't help but wonder. is that how people really react when they win a big jack??? i know money change people for sure, but had no idea it would screw your mind up. look at these west family or whatever the family name is, take them as an example. they can't get their stories straight because i guess that's part of the money spell. i have nothing against them, but come on now, finish the story and disappear already. that'll make me proud. i'm happy for them even though they're stupid by going in public, i'm not mad i didn't win and they did. i can't afford to play weekly.i only play when the big jack comes around, i take my little chances. i win or lose, life goes on.so don't take my comments wrong, i'm warning you. i have a big heart but i'm not a nice person.

                   Poke ...   Puke  ...Let It All Out 


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                    June 5, 2002
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                    Posted: November 18, 2005, 4:16 pm - IP Logged

                    Maybe they'll buy him a "rascal" chair

                    I hope so, because nothing would scare me more than Grandpa Chaney driving down my block in his "HUMBEE" with his head barely visible over the steering wheel.

                    You must remember the one where the elderly woman fell and couldn't get up LOL

                      sirbrad's avatar - Lottery-062.jpg
                      PA
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                      Posted: December 2, 2005, 5:17 am - IP Logged

                      http://abcnews.go.com/GMA/story?id=1310029

                      Came across this video from GMA.


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                        Posted: December 2, 2005, 4:03 pm - IP Logged

                        Maybe they'll buy him a "rascal" chair

                        I hope so, because nothing would scare me more than Grandpa Chaney driving down my block in his "HUMBEE" with his head barely visible over the steering wheel.

                        Chaney or Cheney (as in the vice president)?

                          sirbrad's avatar - Lottery-062.jpg
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                          Posted: December 3, 2005, 2:00 am - IP Logged

                          I may take a tip from the West's and use the term "disbelief" 100 times in a 5 minute interview, as well as "things will not be changing much."

                           

                          If you win $340 million, or $100 million or whatever millions, and "things do not change much," give it to someone else. I am hoping that was simply a "boring press conference" strategy. I know that when I win millions of dollars, THINGS WILL BE CHANGING DRASTICALLY. But I won't go overboard.

                          I say drastically because I do not have a lot now. As I said before, I don't need 10 cars, 6 houses, and a private jet to be happy. Just a paid off house and my own land, and a house full of gadgets will be good enough. Above all great health, and just plain overall happiness. I won't need much of anything else.  At least for the first few months. Approve


                            United States
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                            Posted: December 4, 2005, 1:29 pm - IP Logged

                            I may take a tip from the West's and use the term "disbelief" 100 times in a 5 minute interview, as well as "things will not be changing much."

                             

                            If you win $340 million, or $100 million or whatever millions, and "things do not change much," give it to someone else. I am hoping that was simply a "boring press conference" strategy. I know that when I win millions of dollars, THINGS WILL BE CHANGING DRASTICALLY. But I won't go overboard.

                            I say drastically because I do not have a lot now. As I said before, I don't need 10 cars, 6 houses, and a private jet to be happy. Just a paid off house and my own land, and a house full of gadgets will be good enough. Above all great health, and just plain overall happiness. I won't need much of anything else.  At least for the first few months. Approve

                            Things won't change much for me unless I win. Then I better look out.

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                              December 7, 2005
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                              Posted: December 7, 2005, 6:35 pm - IP Logged

                              I think that we should bless this family for their good fortune and that they will make the best of the winnings.

                              Predicting them to see trouble, and to be spiteful towards them for their winnings is not right.  If you had won the jackpot, would you want to see a website filled with negative comments about you?

                              I reccommend reading the book "Millionaire Mind" and in the mean time, Bless all lottery winners!  Best of luck to all of them!