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Twelve things not to do if you win the lottery

Topic closed. 126 replies. Last post 3 years ago by fastball 9.

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Artist77's avatar - batman14

United States
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January 16, 2012
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Posted: September 2, 2013, 8:23 pm - IP Logged

I don't know, but it looks like you went somewhere !

lol lol

J'aime La France.

    mypiemaster's avatar - 2015021003pileofcash
    JACKPOT HUNTER

    United States
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    April 2, 2013
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    Posted: September 2, 2013, 8:54 pm - IP Logged

    "Everytime you do your copy and paste, you take things out of context."

    The topic is suggestions for IF YOU WIN A JACKPOTbased on hypothetically beating huge odds. There are several opinions pro and con on all of the 12 suggestions and at the end of the day, they are still just opinions baseless or not and will never change the odds. How was I out of context or off topic by replying to the first of 12 things not to do if you win the lottery?

    "If the whole post, is hard for you to comprehend, ask for help."

    Why is it so difficult for you to understand I copy and paste a specific comment because that is the only part of a post I'm commenting on?

    Did I miss where a new LP rule was created requiring us to respond to the entire post?

    There is no rule preventing me from commenting on either of your threads in the Discussion forum or any specific remarks. I won't because they are based on hypothetically winning $1 million. And it's no skin off my nose if you believe it's intellectually stimulating asking for and commenting on opinions from people who never won $1 million and probably never will because of the huge odds.

    "KEEP WAITING,FOR YOUR IMAGINARY JP WINNER TO TELL YOU WHAT THEY WERE ASKED."

    I suggested only a real winner could explain the process determining if they were the rightful winner. We know for a fact Andy Ashkar was not the rightful owner or winner of the $9 million NY Extravaganza jackpot, the trust claiming the Hot Lotto jackpot, and several other people claiming the were the rightful owners of the winning ticket they signed.

    Should I start a hypothetical thread like yours to get imaginary opinions?

    Just face the facts, and admit you were very wrong. You made those posts, during your periods of inebriation. You were confused and stupefied, mentally and emotionally. After all these days, the effect is slightly wearing off, and you are beginning to babble, and run and duck, and trying to justify your actions. Having a bottle of bourbon by your side, does not mean, that you have to drink the whole thing before reading and posting, because it is hazardous to your posts as well as what is left of your brain cells. I just might be looking at a lightweight, who can surely drink, but very ill-equipped, to handle the effects of inebriation. Cheers Sad Cheers

    Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

    Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

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      Kentucky
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      Posted: September 3, 2013, 8:01 pm - IP Logged

      Just face the facts, and admit you were very wrong. You made those posts, during your periods of inebriation. You were confused and stupefied, mentally and emotionally. After all these days, the effect is slightly wearing off, and you are beginning to babble, and run and duck, and trying to justify your actions. Having a bottle of bourbon by your side, does not mean, that you have to drink the whole thing before reading and posting, because it is hazardous to your posts as well as what is left of your brain cells. I just might be looking at a lightweight, who can surely drink, but very ill-equipped, to handle the effects of inebriation. Cheers Sad Cheers

      Is there a specific reason you continue with these very childish insults?

        mypiemaster's avatar - 2015021003pileofcash
        JACKPOT HUNTER

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        Posted: September 3, 2013, 8:04 pm - IP Logged

        Is there a specific reason you continue with these very childish insults?

        They are not insults, just an opinion that you seem to take personally, for whatever reason.

        Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

        Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

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          Kentucky
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          Posted: September 4, 2013, 1:29 pm - IP Logged

          They are not insults, just an opinion that you seem to take personally, for whatever reason.

          I have opinions about you too, but the rules prevent me from expressing them. Did you find a loophole in the rules that allows you to childishly insult other members by calling it your opinion?

            Jon D's avatar - calotterylogo
            Los Angeles, California
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            Posted: September 4, 2013, 3:16 pm - IP Logged

            I have opinions about you too, but the rules prevent me from expressing them. Did you find a loophole in the rules that allows you to childishly insult other members by calling it your opinion?

            Nobody is immune. One of his posts from this morning was deleted.

            I'll never understand the kind of people that take glee in perpetuating flame wars, especially from those quoting bible verses...

              mypiemaster's avatar - 2015021003pileofcash
              JACKPOT HUNTER

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              Posted: September 4, 2013, 3:31 pm - IP Logged

              I have opinions about you too, but the rules prevent me from expressing them. Did you find a loophole in the rules that allows you to childishly insult other members by calling it your opinion?

              You sound like a broken record, and you keep going in circles. You started poking, and just when you got poked a little, you started crying. And don't even try to hide, under the banner of rules, for something you started. I guess your insults so far, have been inspirational and educational, and not insults, huh?.  I tell you what you are going to start doing from now on, you are going to post, and I will ignore your post, and we see what that does to your intellect. Somebody has to be the grown up here. I hate making an "adult" cry. GoodbyeSad Wavey

              Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

              Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

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                Kentucky
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                Posted: September 5, 2013, 2:00 pm - IP Logged

                Nobody is immune. One of his posts from this morning was deleted.

                I'll never understand the kind of people that take glee in perpetuating flame wars, especially from those quoting bible verses...

                I don't see the point either. Generally less members post on a topic when this happens especially when it goes on and on. What was a good discussion quickly dies.

                  mypiemaster's avatar - 2015021003pileofcash
                  JACKPOT HUNTER

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                  Posted: September 5, 2013, 8:54 pm - IP Logged

                  Nobody is immune. One of his posts from this morning was deleted.

                  I'll never understand the kind of people that take glee in perpetuating flame wars, especially from those quoting bible verses...

                  Takes two to Tango.

                  Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                  Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                    veganlife125's avatar - Lottery-061.jpg

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                    Posted: September 6, 2013, 10:57 am - IP Logged

                    Great advice but how about adding "never spend any of the principal".  Thats why 80% of people lose it all.   If you just put the money in 25 safe dividend paying stocks like exxon mobil, shell, walmart, costco, p&g, berkshire hathaway ect your set with a 4%+ yield.  How could you not live great, invest, and give to charity with only the dividends? amazing

                    cheersBig Grin

                    Don't forget to visit the Lottery Post Gift Shop!

                      Pita Maha's avatar - 940d8157 d1fb-4f70-a715-6ad04d915489.jpg
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                      Posted: September 6, 2013, 12:45 pm - IP Logged

                      Great advice but how about adding "never spend any of the principal".  Thats why 80% of people lose it all.   If you just put the money in 25 safe dividend paying stocks like exxon mobil, shell, walmart, costco, p&g, berkshire hathaway ect your set with a 4%+ yield.  How could you not live great, invest, and give to charity with only the dividends? amazing

                      cheersBig Grin

                      I think that's great advice - to invest it all, or most of it, and live off the investment yields. That's what I'd do. Even gifts to family, friends and charities should come out of that. Handing others big chunks of money can be problematic if they blow it all, figuring there's more where that came from and emotionally blackmailing you for more money, then more ...

                        veganlife125's avatar - Lottery-061.jpg

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                        Posted: September 6, 2013, 2:47 pm - IP Logged

                        I think that's great advice - to invest it all, or most of it, and live off the investment yields. That's what I'd do. Even gifts to family, friends and charities should come out of that. Handing others big chunks of money can be problematic if they blow it all, figuring there's more where that came from and emotionally blackmailing you for more money, then more ...

                        Thumbs Up

                        Don't forget to visit the Lottery Post Gift Shop!

                          mypiemaster's avatar - 2015021003pileofcash
                          JACKPOT HUNTER

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                          Posted: September 6, 2013, 2:50 pm - IP Logged

                          I think that's great advice - to invest it all, or most of it, and live off the investment yields. That's what I'd do. Even gifts to family, friends and charities should come out of that. Handing others big chunks of money can be problematic if they blow it all, figuring there's more where that came from and emotionally blackmailing you for more money, then more ...

                          The first time you hand others big chunks of money, they appear to  enjoy it. Then they come back for more, and more, and pretty soon, they start expecting it, and appreciating it less. You try to wean them off that habit, and you become the "bad guy". This is when tough love comes into play, otherwise there will be a huge permanent drain hole in that good ol' proverbial pot of gold.

                          Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                          Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                            Pita Maha's avatar - 940d8157 d1fb-4f70-a715-6ad04d915489.jpg
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                            Posted: September 6, 2013, 4:02 pm - IP Logged

                            And I'm sure the JP winner experiences a period of immense euphoria after winning, and enjoys giving money to family, friends and their favorite charities. Making them happy and their dreams come true. It'd be easy to overdo it, especially in that initial period of time when you're on a high from winning and haven't taken the time to first plan your finances and taxes.

                            Some other great advice I once read was to take a very small amount of your winnings to celebrate with then put the rest away and don't touch it for 3 to 6 months. Spend that time thinking and planning, coming down off that initial high after winning, before making any major purchases or donations.   I'd go someplace far away to do that, to avoid being pressured by others.

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                              Posted: September 10, 2013, 11:47 am - IP Logged

                              Since the hot topic is about bearer instruments, allow me to chime in. There was a story in LP and other media about a guy in BlackStone, MA who tossed a winning ticket in the store trash can. Some other guy who used to go through the trash can of that store was lucky that day. He found the winning ticket and went to claim the $1M. The person who bought the ticket sued and they settled out of court. Would lawyers of the one who found the ticket in the trash can "advice" him to settle if the lottery ticket is indeed a bearer instrument? There has to be more to this bearer instrument thing. 

                              http://www.lotterypost.com/news/121412

                              "There has to be more to this bearer instrument thing."

                              It's not a question of what a bearer instrument is so much as people's understanding of what it is. A bearer instrument is simply property that  is not registered to the owner. That makes it the same as almost every other piece of property you own. If somebody steals your TV and tries to sell it prospective buyers may assume that the TV belongs to the person selling it, but it still belongs to you. If somebody buys the TV and you are able to locate it and prove it's yours you'll get it back and they'll be SOL. Of course proving your rightful ownership may be difficult if you paid cash and have no documentation showing ownership, as isusually the case when you buy a lottery ticket.

                              That lottery tickets aren't registered to the owner doesn't mean the lottery can't take steps to verify that the person in possession is the lawful owner or has a lawful interest in the ticket. Retailers aren't going to bother for  the small prizes they pay, and the lottery probably isn't going to do more than require a claim form for modest prizes, but for anything substantial you can be sure that they will take steps to verify the legitimacy of the claim. If somebody else has made a claim or reported that the ticket was lost or stolen you should expect the lottery to investigate before making payment. If the lottery has security video of the purchase (and they almost certainly will for jackpot winners of online games) and the person claiming the prize appears to be somebody other than the original purchaser you should expect the lottery to investigate before making payment. The lottery will also know where scratchers were sold, and correctly identifying that location will be part of the claim procedure for any lottery that takes security seriously.

                              The real concern with lotttery tickets being bearer instruments is with losing physical possession of a winning ticket. That's what happened in the incident you've referred to, assuming the person claiming to have bought the ticket was telling the truth. If the ticket was lost or misplaced (including acidentally throwing it in the trash) then lawful ownership remains with the original owner until ownership passes to the finder according to the applicable law. The lawyer for the finder in that case would have advisd him to settle because they knew his client wasn't the original owner and had absolutely no lawful claim on the ticket if  the original owner han't intended to abandon it. The original owner, OTOH, would have had to prove both original ownership, and that the ticket was thrown away by accident (misplaced, under applicable laws on lost property), as opposed to deliberately thrown away in the mistaken belief that it was not a winner.

                              As with any other type of property that's not registered to the owner, it all comes down to being able to prove ownership in the event of a dispute. Signing a ticket will obviously prevent anyone else from claiming the prize without being subjected to a great deal of scrutiny. OTOH, the signature doesn't prove ownership, since there's nothing to prevent somebody else from signing an unsigned ticket after it comes into their possession. That's one reason to keep your mouth shut if you win; you should be the only one who knows the correct answers to questions the lottery should be asking. It's also another reason to save your old tickets if you play the same numbers.