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$250 MILLION: Powerball lottery jackpot ramps up

Topic closed. 118 replies. Last post 5 years ago by CDanaT.

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OldSchoolPa's avatar - Lottery-057.jpg
Gurnee, Illinois
United States
Member #49731
February 12, 2007
917 Posts
Offline
Posted: February 5, 2012, 11:45 pm - IP Logged

Bought one 2 dollars quick pick and I got

 

15 as the first number of the white row, and 7 as the red ball . I almost had a heart attack this morning because it looks like I had it, but then again it was a total winning of 4 dollars.

Heart attacks are bad whether you are rich or poor.  I know the thought of coming into such a huge amount of money can be unsettling for some people, which is why I always check to see if the jackpot was hit, and if so, where right away before I even look at my tickets and compare them to numbers drawn.  That way, I know whether or not I still have a chance or if I am going to say, "Oh well, maybe next drawing..." kind of like Cubs fans say every year the Cubs either don't make the pennant race or fall short in infrequent World Series appearance...can America say, "Bartman for President!!!"?  Of course, when it isn't hit, I just say, "Good deal" and go about my business as usual...same as I would if it were hit.  $110 million....$20 million...either sum of money is just fine in my books, though admittedly, the larger would be preferred, of course! 

Now when the jackpot is hit, Illinois has had so few jackpot winners.  So I am usually saying, "Doggone IN....FL....NC....PA....OK....ID....LA!"  But truthfully, it doesn't matter since I know my day is coming soon to be holding that winning ticket.  And I have had a moment to re-think my declaration to go very public with a media conference.  Although I am not afraid of saying no to all freeloaders, I do realize that there are people in this world who wake up each day intent on either taking advantage of someone or even killing someone.  By going public, I would be one Google or Wikipedia search away from some bad guy getting the info needed to size me up.  So it looks like I will claim in a blind trust, but because I don't trust other people to handle my money, I would be there at the press conference in disguise.  I would be sure to hire the best makeup artist money could buy and only disclose my get up with the lottery folks ahead of time.  They might not like it...but oh well and good luck in LP land for the next drawing.

Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

    rdgrnr's avatar - walt
    Way back up in them dadgum hills, son!
    United States
    Member #73904
    April 28, 2009
    14903 Posts
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    Posted: February 6, 2012, 12:01 am - IP Logged

     Hey Ridge, now it's your chance to own your personal nuclear arsenal. :D

    Nah, I'm a conventional weapon kinda guy, lol.

    I might consider some really radical conventional weapons though, like that 905 in jarasan's blog.

    Bet I could make skunk soup with one shot with that dadgum thing.


                                                 
                         
                                             

     

     

     

     

                                                                                                       

    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                --Edmund Burke

     

     

      Avatar
      NY
      United States
      Member #23835
      October 16, 2005
      3474 Posts
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      Posted: February 6, 2012, 12:12 am - IP Logged

      I also believe that this jackpot is going to keep rolling (hey, they have to back up their claims for bigger jackpots or the whole marketing scheme would be a flop!)....to around $400 million (just over their all-time high of $365m) then it will hit. However, I think the best is yet to come...I anticipate a huge jackpot in excess of $500 million later this year. 

      I'm not spending a dime until it nears this level!

      The PB record isn't really $365 milion. Those winners (like almost all winners) took the cash value. Interest rates at that time were a lot higher, and the cash value was just under $180 million. With todays interest rates the cash value will pass that at about $270 million. Unless sales are far lower than they expect, a roll will probably push it well beyond that. At $2 we don't know what changes we'll see with the people who aren't really lottery players but take a chance when it gets really big. Sales may be off a bit from historic trends, but I'll guess it will be advertised at $315ish and have a cash value of about $205 million or so.

      The increase suggests that they're expecting sales of about 51 million tickets. At that level the chances of a rollover are better than 70%. That's good, but still far short of a sure thing. With MM at "only" 32 million I'll probably go ahead and get a ticket while the getting is reasonably good. As a very rough guess there's about a 1 in 5 chance it will roll 3 times and pass the $500 million mark.

      FWIW, I'm critical of the advertising hype, but the "bigger" jackpots refers to average jackpot values. Putting twice as much money towards the jackpot at only slightly reduced odds makes that an absolute certainty. A new record is also more likely than it has been, but it's still a longshot each time a new roll starts.

        Avatar

        United States
        Member #122691
        February 6, 2012
        330 Posts
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        Posted: February 6, 2012, 12:39 am - IP Logged

        I never understood people that are so paranoid about their identity being revealed if they win the lottery. If you are that paranoid, don't play, problem solved. 

        There are thousands of people worth hundreds of millions and even billions of dollars all over this country and all over the world and they exist just fine. Most of them live in regular homes with no gates, no guards and drive regular cars and go regular places like everyone else. 

        And who cares if people ask you for money? There is a simple solution to that, TELL THEM NO. You say it enough times, they will stop asking.

          Arrowhead's avatar - underground
          Ohio
          United States
          Member #120754
          December 27, 2011
          294 Posts
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          Posted: February 6, 2012, 1:01 am - IP Logged

          Anybody out there consider taking the annuity with this level of payout? Just curious...


            United States
            Member #111442
            May 25, 2011
            6323 Posts
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            Posted: February 6, 2012, 1:03 am - IP Logged

            No.

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
              United States
              Member #73904
              April 28, 2009
              14903 Posts
              Offline
              Posted: February 6, 2012, 1:08 am - IP Logged

              Anybody out there consider taking the annuity with this level of payout? Just curious...

              Hell no, if the democrats win, they'll come up with some excuse to take it away from ya.

              And even if they don't take it away, they'll bring about the collapse of the dollar anyway.

              Land's cheap and they ain't makin' anymore of it.

              Load up on good bottom land.


                                                           
                                   
                                                       

               

               

               

               

                                                                                                                 

              "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                          --Edmund Burke

               

               

                Arrowhead's avatar - underground
                Ohio
                United States
                Member #120754
                December 27, 2011
                294 Posts
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                Posted: February 6, 2012, 1:14 am - IP Logged

                I never understood people that are so paranoid about their identity being revealed if they win the lottery. If you are that paranoid, don't play, problem solved. 

                There are thousands of people worth hundreds of millions and even billions of dollars all over this country and all over the world and they exist just fine. Most of them live in regular homes with no gates, no guards and drive regular cars and go regular places like everyone else. 

                And who cares if people ask you for money? There is a simple solution to that, TELL THEM NO. You say it enough times, they will stop asking.

                Difference being all those billionaires/millionaries don't have their name and hometown shown in neon lights on local/national television, in print media and of course across the internet, where it lives forever. I wouldn't consider it paranoia; I would consider it a wise decision that basically leaves you alone to share the news of your good fortune with those you and you alone choose to share that information with.

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                  United States
                  Member #122691
                  February 6, 2012
                  330 Posts
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                  Posted: February 6, 2012, 1:21 am - IP Logged

                  Hell no, if the democrats win, they'll come up with some excuse to take it away from ya.

                  And even if they don't take it away, they'll bring about the collapse of the dollar anyway.

                  Land's cheap and they ain't makin' anymore of it.

                  Load up on good bottom land.

                  OMG people like you crack me up. 

                  The Republicans spend trillions of dollars on defense and other contracts, where do you think that money comes from, out of the thin air?

                  Newsflash, they want your money just as bad, more actually.

                  Tax rate is the lowest rate it has ever been and more guns have been sold then ever, but yeah right, Democrats are taxing us more and taking away our guns..

                  Do you people every pick up a book or read a newspaper?

                  BTW, if the dollar is collapsing it is because companies have sent lots of jobs overseas to other countries like China, including Wal Mart probably the biggest offender, which just happens to be owned by Republicans.

                    Avatar

                    United States
                    Member #122691
                    February 6, 2012
                    330 Posts
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                    Posted: February 6, 2012, 1:32 am - IP Logged

                    Difference being all those billionaires/millionaries don't have their name and hometown shown in neon lights on local/national television, in print media and of course across the internet, where it lives forever. I wouldn't consider it paranoia; I would consider it a wise decision that basically leaves you alone to share the news of your good fortune with those you and you alone choose to share that information with.

                    So let me get this straight, no one knows who the billionaires and multi-millionaires are in this country and where they live?

                    No one knows about all the pro athletes, musicians and actors and what they make in salary or anything?

                    All the Fortune 500 executives that are on TV all the time and whose salaries and bonuses are reported in the Annual Reports or reported on CNBC, no one knows about them either?

                    And these guy's homes are frequently posted on multiple celebrity and other real estate blogs, but no one knows where they live, right?

                    Or those two little magazines called Forbes and Fortune, I guess no one reads those either. 

                    If A Rod can sign an almost $300 million contract and walk around town, I think a nobody like you will be just fine if you win $10 million or so.

                      Arrowhead's avatar - underground
                      Ohio
                      United States
                      Member #120754
                      December 27, 2011
                      294 Posts
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                      Posted: February 6, 2012, 1:51 am - IP Logged

                      So let me get this straight, no one knows who the billionaires and multi-millionaires are in this country and where they live?

                      No one knows about all the pro athletes, musicians and actors and what they make in salary or anything?

                      All the Fortune 500 executives that are on TV all the time and whose salaries and bonuses are reported in the Annual Reports or reported on CNBC, no one knows about them either?

                      And these guy's homes are frequently posted on multiple celebrity and other real estate blogs, but no one knows where they live, right?

                      Or those two little magazines called Forbes and Fortune, I guess no one reads those either. 

                      If A Rod can sign an almost $300 million contract and walk around town, I think a nobody like you will be just fine if you win $10 million or so.

                      Well, Venom (wow, you sound really dangerous and stuff) , you appear to be the type who'd enjoy telling the world about your big winnings, so post your name and address on here after hitting it large, and invite us all to your grand party to celebrate. LOL

                        Avatar
                        Elgin, IL
                        United States
                        Member #93542
                        July 2, 2010
                        318 Posts
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                        Posted: February 6, 2012, 4:19 am - IP Logged

                        Illinois keeps showing that new PB commercial. Okay you keep saying this state will see more winners, then let me hit it on wednesday! Let Feb. 8 2012 be the day my life changes forever. "There was one jackpot winner sold by the Illinois lottery." Not NY, not Cali or Mass, but the Illinois lottery. We would keep quite and start packing the next day. Even though we're not going public, I still don't believe we should stay in our old place until we find a new house. We're moving into a new apartment until we find a new home. It's much safer. Too many people know us. We want to go shopping, get legal help, drop our jobs like a bad habit and friends and neighbors are going to wonder what's going on. You we cannot risk that.

                          Avatar
                          Elgin, IL
                          United States
                          Member #93542
                          July 2, 2010
                          318 Posts
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                          Posted: February 6, 2012, 4:38 am - IP Logged

                          I never understood people that are so paranoid about their identity being revealed if they win the lottery. If you are that paranoid, don't play, problem solved. 

                          There are thousands of people worth hundreds of millions and even billions of dollars all over this country and all over the world and they exist just fine. Most of them live in regular homes with no gates, no guards and drive regular cars and go regular places like everyone else. 

                          And who cares if people ask you for money? There is a simple solution to that, TELL THEM NO. You say it enough times, they will stop asking.

                          I never knew Mansions and Penthouses were considered regular homes since only wealthy people live in them and they cost millions. Yes, it's usually a gate around their mansions and they have protection. I don't know who told you having lots of money does not put one in danger or most rich people don't live different from the rest of us. You think you can just go and knock on Warren Buffett's door and ask him for butter?


                            United States
                            Member #111442
                            May 25, 2011
                            6323 Posts
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                            Posted: February 6, 2012, 7:17 am - IP Logged

                            Actually you probably could go knocking on Warren's door for butter. Although one of the world's richest men, he still resides in a very modest 5 bedroom stucco un-gated home in Omaha, Nebraska in which he originally paid only $31,000. He is also known to be a very down to earth man among his neighbor's.

                            Oh and while your there, would you mind terribly asking him if he could also spare an egg or two? I'm baking a celebration cake for myself for this Wednesday's Powerball, which I intend to win. The recipe calls for six eggs, I have only four.

                             

                            Thank you ever so much!   Lovies

                              Avatar
                              East of Columbus, OH
                              United States
                              Member #120843
                              December 28, 2011
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                              Posted: February 6, 2012, 9:19 am - IP Logged

                              We had an office pool for the PB drawing on Saturday.  It's the first time in over 10 years we have done it.  We had 17 of the 27 employees get in on it.  I would expect that since the JP went up, so will the participation number.

                              For those interested, we didn't win anything.  Didn't even have 2 number on one line.  No Nod  But with the increased JP is increased hope! Hurray!

                              Life's Too Short To Be Unhappy Cool