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48 Philly transit workers win $172M Powerball jackpot

Topic closed. 97 replies. Last post 5 years ago by Simba774.

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OldSchoolPa's avatar - Lottery-057.jpg
Gurnee, Illinois
United States
Member #49731
February 12, 2007
917 Posts
Offline
Posted: May 1, 2012, 11:32 am - IP Logged

Not everyone on here publicizes what they make or what they have so don't assume you are the only one. 

$1.5 million is more than sufficient to retire/semi-retire on if you know what you are doing and live the Bentley lifestyle. If you took roughly half the money and bought franchise restaurants, say Subways for example, you could do very well. Typically one years worth of net profits is needed for the deposit so you could buy about ten of them. So roughly you would net about $650,000 or so a year or about $55,000 a month. Decent investments on the other half of your money should give you about another $5,000 a month so you have about $60,000 a month to play with before taxes. 

If you leased a Bentley, a Ferrari and a Range Rover that should run you about $8,000 a month, mortgages on a million dollar home in the US and another one in the Caribbean for example another $12,000 a month and say another $5,000 a month for expenses and food etc so you are spending about $25,000 a month for a pretty great lifestyle with lots of money left over. 

Point taken but here is my take:  I work in an industry in which we freely share what we earn and discuss topics such as net worth.  Since my compensation is purely based on performance, there is nothing to fear about others knowing what I earn.  Transparency is a good thing in that regard.  Ditto for those in government and military.  But those whose compensation is based a bit on office politics, I understand secrecy of compensation is often demanded by the company/organization and adhered to by the workers.  The fact others know what you make or have does not necessarily open you up to handout or loan requests.  So I understand the secrecy some people place on their income and net worth, but I see it coming from either a position of fear or even ignorance of one's own net worth and not from legitimate reasons.  Most people know that Warren Buffett, Bill Gates, Tiger Woods, Paul McCartney, Nancy Pelosi, and Barack Obama are well off to wealthy individuals, but I don't see people hitting any of them up for handouts or loans.  In fact, Barack Obama is hitting up Americans for handouts for his re-election effort in record-setting fashion. 

I am also a very prudent individual, and I would only purchase a luxury item only if the total expenditure and upkeep represents less than 10 percent of my annual income.  I also like freedom when it comes to the automobiles I drive, so I would not be interested in a lease scenario.  I like to keep it simple when it comes to such things, and leases are anything but simple.

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!

    OldSchoolPa's avatar - Lottery-057.jpg
    Gurnee, Illinois
    United States
    Member #49731
    February 12, 2007
    917 Posts
    Offline
    Posted: May 1, 2012, 11:42 am - IP Logged

    i like it when a group of people win, 172 would be too much for one person, if i have had the sole winning ticket i would be giving most of it away

    You are clearly speaking for yourself and other like-minded socialists.  But 172 million or whatever the cash value was is just right for a person like me and my LLC.  Give it away...I can see such people ending up on "Curse of the Lottery".  Giving it away might make you feel good, but tell me how things fare for you once you have given most of it away and some unexpected calamity arises that wipes out your remaining stash.  Tell me how readily others come to your aid then.  You might find a few, but unless you became a larger than life benevolent giver in your area, I think we might find you  poor and destitute and rueing the day you won the lottery like so many lottery jackpot rags-to-riches-back-to-rags stories.

    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!


      United States
      Member #111442
      May 25, 2011
      6323 Posts
      Offline
      Posted: May 1, 2012, 11:45 am - IP Logged

      Point taken but here is my take:  I work in an industry in which we freely share what we earn and discuss topics such as net worth.  Since my compensation is purely based on performance, there is nothing to fear about others knowing what I earn.  Transparency is a good thing in that regard.  Ditto for those in government and military.  But those whose compensation is based a bit on office politics, I understand secrecy of compensation is often demanded by the company/organization and adhered to by the workers.  The fact others know what you make or have does not necessarily open you up to handout or loan requests.  So I understand the secrecy some people place on their income and net worth, but I see it coming from either a position of fear or even ignorance of one's own net worth and not from legitimate reasons.  Most people know that Warren Buffett, Bill Gates, Tiger Woods, Paul McCartney, Nancy Pelosi, and Barack Obama are well off to wealthy individuals, but I don't see people hitting any of them up for handouts or loans.  In fact, Barack Obama is hitting up Americans for handouts for his re-election effort in record-setting fashion. 

      I am also a very prudent individual, and I would only purchase a luxury item only if the total expenditure and upkeep represents less than 10 percent of my annual income.  I also like freedom when it comes to the automobiles I drive, so I would not be interested in a lease scenario.  I like to keep it simple when it comes to such things, and leases are anything but simple.

      From having been in car sales/management there in nothing really complex about a lease.

      You pick out your vehicle, the term and mileage, then simply sign and drive. I leased hundreds of vehicles. The turnaround for paper work is

      usually just a couple of hours. Another great advantage of leasing, is the great write off if you have a business, and your car is always under

      warranty. Cheers

        Avatar
        new york
        United States
        Member #123017
        February 11, 2012
        124 Posts
        Offline
        Posted: May 1, 2012, 11:52 am - IP Logged

        I won't join a pool for ANY reason.If you want to join a pool,then join a pool.Don't assume that everyone would join one,just because you would.

         one less person to share the wealth with

          Avatar
          Kennesaw, GA
          United States
          Member #62138
          June 18, 2008
          1413 Posts
          Offline
          Posted: May 1, 2012, 12:00 pm - IP Logged

          You are clearly speaking for yourself and other like-minded socialists.  But 172 million or whatever the cash value was is just right for a person like me and my LLC.  Give it away...I can see such people ending up on "Curse of the Lottery".  Giving it away might make you feel good, but tell me how things fare for you once you have given most of it away and some unexpected calamity arises that wipes out your remaining stash.  Tell me how readily others come to your aid then.  You might find a few, but unless you became a larger than life benevolent giver in your area, I think we might find you  poor and destitute and rueing the day you won the lottery like so many lottery jackpot rags-to-riches-back-to-rags stories.

          yeah u are right, i can easily say that now until that money is deposited into my account!!! i will just keep it in the family :-)


            United States
            Member #111442
            May 25, 2011
            6323 Posts
            Offline
            Posted: May 1, 2012, 12:02 pm - IP Logged

             one less person to share the wealth with

            I've always thought pools were quite refreshing, relaxing and profitable. Come on in.......the waters fine!  Thinking of...

              Cletu$2's avatar - Lottery-050.jpg
              S.E.Iowa
              United States
              Member #120504
              December 21, 2011
              534 Posts
              Offline
              Posted: May 1, 2012, 12:21 pm - IP Logged

              i like it when a group of people win, 172 would be too much for one person, if i have had the sole winning ticket i would be giving most of it away

              Don't try pissing in our hands and tell us it's rainwater.People on this board are smarter than that.

              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

                Cletu$2's avatar - Lottery-050.jpg
                S.E.Iowa
                United States
                Member #120504
                December 21, 2011
                534 Posts
                Offline
                Posted: May 1, 2012, 12:32 pm - IP Logged

                 one less person to share the wealth with

                Thats ONE way to look at.Another is to realize that some <snip> is almost always waiting in the wings expecting everyone in the pool to ante up his share.If they don't ante up he will sue them.Even if he doesn't win the real winners don't get their money for several years because the courts are so slow and are out lawyer fees.No thanks,I'll play my numbers alone.

                This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

                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

                  ressuccess's avatar - Lottery-043.jpg

                  United States
                  Member #93164
                  June 23, 2010
                  1313 Posts
                  Offline
                  Posted: May 1, 2012, 12:55 pm - IP Logged

                  Congratulations to this jackpot winner. This is the 2nd time in the year 2012 that a Powerball Jackpot winner ended up in a double number.

                    OldSchoolPa's avatar - Lottery-057.jpg
                    Gurnee, Illinois
                    United States
                    Member #49731
                    February 12, 2007
                    917 Posts
                    Offline
                    Posted: May 1, 2012, 2:45 pm - IP Logged

                    From having been in car sales/management there in nothing really complex about a lease.

                    You pick out your vehicle, the term and mileage, then simply sign and drive. I leased hundreds of vehicles. The turnaround for paper work is

                    usually just a couple of hours. Another great advantage of leasing, is the great write off if you have a business, and your car is always under

                    warranty. Cheers

                    I just don't do auto leases. Common tactic of some car salesmen is to take emphasis off price of vehicle and instead start manipulating the lease term and payment amount.  Perhaps high end dealerships like exotic car dealerships and those that sell Maybachs and Bentleys don't engage in such shenanigans, but I know lower end dealers do which is why car salesmen are rated negatively among sales people. Ditto for insurance agents who sell product that offers highest commission vice best and most coverage for family.

                    I also don't do things anymore for tax write off. I pay my fair share and I am so anti-Obama.  Off topic...the thing that intrigues me is that a citizen found telling less than the truth before a Congressional panel will swiftly find himself/herself incarcerated while a Congress person or president who lies to the American people usually gets re-elected. A citizen who under reports taxes usually ends up in lockup while Chairman of House Ways and Means (I won't name him but I think he served NY and has a distinctive name that rhymes with Charlie Rangle) keeps his post and stays free.  OWS should be less concerned about the 1 percent who worked for what they have and instead rail against the hypocrisy of the White House and Congress, especially those Dems.

                    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!


                      United States
                      Member #111442
                      May 25, 2011
                      6323 Posts
                      Offline
                      Posted: May 1, 2012, 3:00 pm - IP Logged

                      I just don't do auto leases. Common tactic of some car salesmen is to take emphasis off price of vehicle and instead start manipulating the lease term and payment amount.  Perhaps high end dealerships like exotic car dealerships and those that sell Maybachs and Bentleys don't engage in such shenanigans, but I know lower end dealers do which is why car salesmen are rated negatively among sales people. Ditto for insurance agents who sell product that offers highest commission vice best and most coverage for family.

                      I also don't do things anymore for tax write off. I pay my fair share and I am so anti-Obama.  Off topic...the thing that intrigues me is that a citizen found telling less than the truth before a Congressional panel will swiftly find himself/herself incarcerated while a Congress person or president who lies to the American people usually gets re-elected. A citizen who under reports taxes usually ends up in lockup while Chairman of House Ways and Means (I won't name him but I think he served NY and has a distinctive name that rhymes with Charlie Rangle) keeps his post and stays free.  OWS should be less concerned about the 1 percent who worked for what they have and instead rail against the hypocrisy of the White House and Congress, especially those Dems.

                      Yeah, like anything else a consumer must be armed with current dealers invoices, sales/lease incentives and promotions, etc. to cut the best deal.

                      I agree with you about Obama and the tricky Dem's.  Bat

                        dpoly1's avatar - driver
                        PA
                        United States
                        Member #66141
                        October 16, 2008
                        1672 Posts
                        Offline
                        Posted: May 2, 2012, 9:35 am - IP Logged

                        i like it when a group of people win, 172 would be too much for one person, if i have had the sole winning ticket i would be giving most of it away

                        Agree with stupid Dupe Alert"i like it when a group of people win, 172 would be too much for one person, if i have had the sole winning ticket i would be giving most of it away"

                        I thought the same way when I was in Grammar School ........... then I moved on to Junior High School and became a mature adult!

                        Wealth trickles down and Poverty trickles up! Wealthy people create jobs!!!

                        dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

                         

                        Eschew Poverty ........... Vote Conservative!

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
                          United States
                          Member #73904
                          April 28, 2009
                          14903 Posts
                          Offline
                          Posted: May 2, 2012, 3:55 pm - IP Logged

                          I just don't do auto leases. Common tactic of some car salesmen is to take emphasis off price of vehicle and instead start manipulating the lease term and payment amount.  Perhaps high end dealerships like exotic car dealerships and those that sell Maybachs and Bentleys don't engage in such shenanigans, but I know lower end dealers do which is why car salesmen are rated negatively among sales people. Ditto for insurance agents who sell product that offers highest commission vice best and most coverage for family.

                          I also don't do things anymore for tax write off. I pay my fair share and I am so anti-Obama.  Off topic...the thing that intrigues me is that a citizen found telling less than the truth before a Congressional panel will swiftly find himself/herself incarcerated while a Congress person or president who lies to the American people usually gets re-elected. A citizen who under reports taxes usually ends up in lockup while Chairman of House Ways and Means (I won't name him but I think he served NY and has a distinctive name that rhymes with Charlie Rangle) keeps his post and stays free.  OWS should be less concerned about the 1 percent who worked for what they have and instead rail against the hypocrisy of the White House and Congress, especially those Dems.

                          "...car salesmen are rated negatively..."

                          Roger that, OldSchool! Big Time!

                          Most people consider car salesmen even sleazier than lawyers!

                          They have to lie to make a living and they get so used to lying they never stop.

                          Joe-Joe Biden was a used car salesman before he started screwing up the country. 


                                                                       
                                               
                                                                   

                           

                           

                           

                           

                                                                                                                             

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

                                                                                                                      --Edmund Burke

                           

                           

                            dpoly1's avatar - driver
                            PA
                            United States
                            Member #66141
                            October 16, 2008
                            1672 Posts
                            Offline
                            Posted: May 2, 2012, 4:20 pm - IP Logged

                            "...car salesmen are rated negatively..."

                            Roger that, OldSchool! Big Time!

                            Most people consider car salesmen even sleazier than lawyers!

                            They have to lie to make a living and they get so used to lying they never stop.

                            Joe-Joe Biden was a used car salesman before he started screwing up the country. 

                            "sleazier than lawyers"

                            I think not, look at The Pretendident and Vice Pretendident!  Puke

                            They don't come any sleazier !!!!!!!!!!!

                            dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

                             

                            Eschew Poverty ........... Vote Conservative!

                              rdgrnr's avatar - walt
                              Way back up in them dadgum hills, son!
                              United States
                              Member #73904
                              April 28, 2009
                              14903 Posts
                              Offline
                              Posted: May 2, 2012, 4:46 pm - IP Logged

                              "sleazier than lawyers"

                              I think not, look at The Pretendident and Vice Pretendident!  Puke

                              They don't come any sleazier !!!!!!!!!!!

                              Ya got me there, dpoly.

                              Good point.


                                                                           
                                                   
                                                                       

                               

                               

                               

                               

                                                                                                                                 

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

                                                                                                                          --Edmund Burke