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Lottery Post Founder featured in John Oliver HBO segment

Topic closed. 38 replies. Last post 2 years ago by THRIFTY.

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mikeintexas's avatar - tx avatar-1.gif
Texas Panhandle
United States
Member #136843
December 20, 2012
1409 Posts
Posted: November 11, 2014, 12:36 pm - IP Logged

A post by 22 Words hit my reader earlier this a.m.

    New York
    United States
    Member #111804
    June 2, 2011
    30 Posts
    Posted: November 11, 2014, 2:43 pm - IP Logged

    Everyone play the lotto, poor, middle and upper class. 




    Does HBO has a good dental plan? Because Oliver needs one.

      Bondi Junction
      Member #57242
      December 24, 2007
      1102 Posts
      Posted: November 11, 2014, 10:07 pm - IP Logged

      He didn't propose an alternative!

      Yes, some people will send too much on lotteries, as some people do on other products. However, legal state lotteries are far than non-state illegal lotteries.

      We all get a lot out of lotteries!

        United States
        Member #106134
        February 13, 2011
        806 Posts
        Posted: November 12, 2014, 10:09 am - IP Logged

        God, there is nothing worse than smug, sanctimonius dimwits like John Oliver. With nonsense like what he said you always inevitably get the people that think they are smart by saying the lottery is a tax on the poor and the stupid. These are the same people that then go spend $5,000/yr on cigarettes and another $10,000/yr on alcohol. The fact of the matter is there is no other investment that you can spend a buck or two on with the potential to make hundreds, thousands or even millions on. With regards to the odds, I have 3 friends that have won the Mega Millions, two in one drawing and the other guy in another. I travel across the country a lot and in the last few years I have just missed winning the top prize in 3 different 5 digit games in different states. I missed winning Florida's Fantasy 5 earlier this year by 1 number which would have been $121,000 at the time. The other two games that I missed winning by 1 number would have netted me between one million to two million dollars or so, I can't remember the exact amounts. (I have a picture of my ticket from Florida but can't seem to upload it.)

        I estimate I spend about $900 or so annually on lottery, both draw games and instant tickets. On a bad year I will win back $200 to $300 of that money, although usually I make more than I spend. Even if I saved that $900, invested it, everything went perfectly and I made 7% interest annually for 30 years, it would only amount to $78,000 so it would still be better for me to take a chance with a state lottery and potentially win $100,000. 

        John Oliver is the kind of guy that will make a criticism like this and then go to dinner and spend $1,000 on a bottle of wine, so it is best to not take advice from people like him. Someone in Missouri ignored people like him, spent $2 and made $200 million on Saturday. 

        I would like the John Olivers of the world's take on the return rate on cigarettes, liquor, dating, driving cars that get less than 40 mpg, spending more than $120k on a house, shoes that cost over $40, food that cost more than $3, video games, clothing not bought at anywhere other than Goodwill, not cutting your own hair and hundreds of other things people do that cost more money than they need to spend. I can dissect anyone's financials and find numerous items they either don't need or are spending way too much money on. 

        Quite frankly with the cost of housing, cars, health care, college and everything else, and it rising all the time, if you are poor and you are not considering playing the lottery, you are in fact pretty stupid. Your chances of being able to keep up with the bills, protect yourself from a catastrophic life event or be able to retire are virtually nill unless you win the lottery. Hell, if you are middle class all this applies to you also. 

        I don't drink or smoke, so I will happily continue to play my $900 annually on lottery, maybe I should spend even more.

        That last part is especially true, the only people who are REALLY getting ahead financially in America anymore are lottery winners.

          Get paid's avatar - Lottery-062.jpg
          United States
          Member #152324
          February 11, 2014
          168 Posts
          Posted: November 13, 2014, 6:21 pm - IP Logged

          Bottom line some people win. As for the five yr. broke thing,let me win first an then check with me in five years. A dollar or two an a dream. Good luck players.

            LottoBux's avatar - 2elh5if
            Member #109243
            April 9, 2011
            31439 Posts
            Posted: November 19, 2014, 6:55 am - IP Logged

            We have seen Todd's FACE for the first time ever !!!

            Wrong destiny,



              Gleno's avatar - Lottery-001.jpg
              New Jersey
              United States
              Member #80354
              September 25, 2009
              705 Posts
              Posted: November 22, 2014, 7:29 pm - IP Logged

              11/22/14 Sat.

              John Oliver is great. First time seeing him  here. HBO must pay him big bucks because he is very talented.

              That is one outstanding number $68 Billion spent on lottery in the USA!

              How true, the lower income folks do seem to spend more on lottery than upper scale income folks.

              Wonder if people would save the same amount they spend on lottery, might they have a nice nest egg?


                hit tonite's avatar - Lottery-008.jpg
                United States
                Member #110399
                May 3, 2011
                915 Posts
                Posted: November 26, 2014, 5:20 am - IP Logged

                Awesome Todd!

                "Any hit is a good hit!  get 'em, get 'em, get 'em!  I'm gonna Hit 2 nite Smash!!!"

                  THRIFTY's avatar - great seal_obverse.jpg
                  NEW YORK
                  United States
                  Member #90535
                  April 29, 2010
                  12118 Posts
                  Posted: December 3, 2014, 11:15 am - IP Logged

                  USA lottery is a $79B per year industry. Good Luck with fighting that money monster.LOL

                  US Flag