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$550 MILLION: Mega Millions holiday bonanza!

Topic closed. 220 replies. Last post 3 years ago by Viking Orayk.

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Kentucky
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February 14, 2006
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Posted: December 15, 2013, 9:35 pm - IP Logged

Blind Trust is a good idea but wouldn't do you any good in most States. The reason for this is because in MOST States, not all, even if a prize is claimed under a Trust, the person/trustee/beneficary's name is STILL public knowledge. It all depends on the States you're in. No winner Tuesday will certainly yield a $800-$900million range.....EASILY!!!

Wait!!! I take that back. The Blind Trust is actually a TERRIBLE idea i think. Because its you who will have little control over the Trust i think. Remember, a  Blind Trust does not necessarily means blind to the public, it can mean blind to YOU, the beneficiary. Thread carefully my firend, they can be complicated so do your research and plan wisely for your SECOND prize win. ; ))

"Wait!!! I take that back. The Blind Trust is actually a TERRIBLE idea i think. Because its you who will have little control over the Trust i think."

Some of our members call all thrusts "blind trusts" probably not knowing there is a huge difference.

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    Kentucky
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    Posted: December 15, 2013, 9:48 pm - IP Logged

    Stack47,

    Because they are much morel likely to win $2 to $5 million than the jackpot. Or 2 to 5 X $5,000, etc...

    G26GRACE27,

    Interesting that your horosocope has evidently adjusted ti the new MM matrix!

    Of course they are more likely to win a 1 out of 15 chance compared to a 1 out of 258 million chance, but if they are just playing for the 1 out of 258 million chance (the $550 million jackpot), players get twice as many chances buying 2, 10, 20, or 1200 $1 tickets.

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      Kentucky
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      Posted: December 15, 2013, 10:11 pm - IP Logged

      That's exactly what Stack47 was saying i think. I was merely pointing out that another strategy to consider would be going for the second prize and upping your chances for a bit more dough by getting the multiplier. I get what you're saying though and you are not at all wrong, its just that after reading most of these winners stories you see that they purchased anywhere from 1 - 5 tickets/set of numbers. Its not like they were going 20/30 deep. Well, at least that's what they say, you never really know i suppose.

      If we're playing to win the jackpot two chances are better than one, but I won't knock anyone purchasing half as many tickets trying to get better payoffs on the prizes they are more likely to win either. Proportionally to ticket sales, Megaplier tickets for Friday drawing were less than for Tuesday.

      If this jackpot turns into the same type of frenzy as March 30, 2012, it will be interesting to see how many Megaplier tickets are sold.

        dk1421's avatar - Lottery-024.jpg
        North Carolina
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        September 1, 2008
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        Posted: December 15, 2013, 10:36 pm - IP Logged

        If we're playing to win the jackpot two chances are better than one, but I won't knock anyone purchasing half as many tickets trying to get better payoffs on the prizes they are more likely to win either. Proportionally to ticket sales, Megaplier tickets for Friday drawing were less than for Tuesday.

        If this jackpot turns into the same type of frenzy as March 30, 2012, it will be interesting to see how many Megaplier tickets are sold.

        Agreed. Usually, when the jackpot is high, I'll just buy one megaplier and a couple regular ones. 

        Question - does anyone else usually buy their tix at a couple different stores? Friday night I drove around to 3 stores buying 1 or 2 tickets at each for a grand total of $6. I also try to buy on the day of and towards dinner time as I've noticed some winners have bought them at those times.

        "Don't be a schmuck, always take the cash." -Coin Toss

          zinniagirl's avatar - flower avatar_0026.jpg
          nc
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          Posted: December 15, 2013, 11:07 pm - IP Logged

          Splurged, bought a ticket in one state and a ticket in another state.

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            New York, NY
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            December 24, 2011
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            Posted: December 15, 2013, 11:42 pm - IP Logged

            If we're playing to win the jackpot two chances are better than one, but I won't knock anyone purchasing half as many tickets trying to get better payoffs on the prizes they are more likely to win either. Proportionally to ticket sales, Megaplier tickets for Friday drawing were less than for Tuesday.

            If this jackpot turns into the same type of frenzy as March 30, 2012, it will be interesting to see how many Megaplier tickets are sold.

            Agree. Like I said on a previous thread, most players play mm or pb for the jackpot. So they rather have more chances at it then less chances for a higher minor prize. If u wanna play for a smaller prize, u r better off playing the state games which have much better odds of winning those smaller prizes. As I once learned from reading a book on casino games. The house would never introduce a side bet to a game if the odds weren't in the house's favor of winning that side bet.

              Viking Orayk's avatar - DiscoBallGlowing
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              December 5, 2013
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              Posted: December 16, 2013, 12:01 am - IP Logged

              $550 million woo Hoo BananaWhite BounceDance

              or maybe $625 mil. come Tuesday night's drawingBanana

              I'm renting ($1) that dream till then"

                                             Bed

              integrity is doing what's right........ when nobody's watching"

                Bleedblue21's avatar - blues logo_medium.gif
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                Fenton, MO
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                March 7, 2013
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                Posted: December 16, 2013, 12:25 am - IP Logged

                ".....game now boasts a swelling jackpot of more than a half-billion dollars that could instantly put someone among the wealthiest people on the planet."

                Hmmm...I don't know who they are kidding.  But being among the wealthiest??  Haven't they seen the damage the government does in taxes??  And how much they gank BEFORE taxes??  Sheesh...

                Would be a nice chunk to play with nonetheless.

                  helpmewin's avatar - dandy
                  u$a
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                  Posted: December 16, 2013, 7:36 am - IP Logged

                  Splurged, bought a ticket in one state and a ticket in another state.

                  Thumbs Up good idea

                  Let it Snow Snowman

                    helpmewin's avatar - dandy
                    u$a
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                    Posted: December 16, 2013, 7:38 am - IP Logged

                    CuteGreen laugh

                    Let it Snow Snowman

                      BuyLow's avatar - palm tree.jpg
                      Florida
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                      Posted: December 16, 2013, 7:42 am - IP Logged

                      The main stream media is the WORST.  It's funny listening to them give out wrong cash value amounts and flashing 30 million dollar jets and 100 million dollar real estate...as a possibility with a 550 million dollar jackpot.  After taxes if you bought a 100 million dollar home and a 30 million dollar jet you would be on Lotterys Biggest Losers in a few years.....

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                        Posted: December 16, 2013, 8:06 am - IP Logged

                        The main stream media is the WORST.  It's funny listening to them give out wrong cash value amounts and flashing 30 million dollar jets and 100 million dollar real estate...as a possibility with a 550 million dollar jackpot.  After taxes if you bought a 100 million dollar home and a 30 million dollar jet you would be on Lotterys Biggest Losers in a few years.....

                        LOL a few years?? If you spend money like that you'd be the biggest loser by the end of this sentence LOL

                          RJOh's avatar - chipmunk
                          mid-Ohio
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                          Posted: December 16, 2013, 8:55 am - IP Logged

                          I just heard on the radio that this jackpot could set a new record when MUSL issures a jackpot update later today which could be well over $600M.

                           * you don't need to buy more tickets, just buy a winning ticket * 
                             
                                       Evil Looking       

                            dpoly1's avatar - driver
                            PA
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                            October 16, 2008
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                            Posted: December 16, 2013, 8:56 am - IP Logged

                            I just heard on the radio that this jackpot could set a new record when MUSL issures a jackpot update later today which could be well over $600M.

                            Thanks for the info! Thumbs Up

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

                             

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

                              hearsetrax's avatar - 0118

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                              Posted: December 16, 2013, 9:05 am - IP Logged

                              I just heard on the radio that this jackpot could set a new record when MUSL issures a jackpot update later today which could be well over $600M.

                              Crazy

                                 
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