At what jackpot will you continue or quit working?

Reply #68

psykomo — Sat, 21 Jun 2008 01:40:41 GMT

PSYKO like's to PLAY:

BUTT, why is everyone ??????????????????????????????????????????

AGAINST someone WHO want'$$$$$$$$$$$$$$$ to WIN A JACKPOT

LOL

PSYKOMO

Reply #67

psykomo — Sat, 21 Jun 2008 01:07:31 GMT

THANK' JXP:

I must addmitt UR so smart psyko is so STUPID complainment U

THANK's 2 all my POST all my screw-UP's on the LOTTERY POST, I SUGKA!

THANK's 2 ALL who defend the SUGKAI .............................in the USA!!!!!!!

PSYKOMO

Reply #66

justxploring — Fri, 20 Jun 2008 21:34:42 GMT

Psykomo, maybe when I hear drill, drill, drill I get upset because I spent half my life in a dentist chair.

Reply #65

psykomo — Fri, 20 Jun 2008 21:28:03 GMT

WITH U JXP:

No matter how young R old UR in this win or loss for LIFE

IT an't getting any EAS-Z for ANYONE I know and the G@@D DAY'sssss

of WINE ROSE'ssssssssssssssss MAY be OVER for the MIDDLE CLASS?

PEOPLE in MEXICO and PEOPLE from all the POOR countrie's move to USA!!

NOW that we have ALL of these (sick), (poor people) to CARE REPAIR

WHAT can U or D other's (old young)................?????????????? DO ????

BUT, and there is alway's a BUTT out DARE......... SOMEWHERE... [ More ]

Reply #64

justxploring — Tue, 17 Jun 2008 19:54:05 GMT

I don't know how old you are, but after working for a long time, I developed the same type of attitude, although today $5,000 wouldn't get me very far unless I bought a tent. Anyway, as I got older, I simply didn't have the energy or strength to work at jobs that required anything physical. You never expect to get sick or hurt where you can't lift or run around on your feet all day, and suddenly your options are limited. Then, during bad economic times, there might not be any jobs at all. Howeve... [ More ]

Reply #63

Sandra Dee — Tue, 17 Jun 2008 19:06:09 GMT

my pops, moms and bro .. they automatically get what i get so that's why so much and i wouldn't have it any other way!

it's a gift, not sure about the tax part, they can have one of my bank cards and remove it that way [i mean, the government/irs is already getting their cut so they should leave me alone] and no annuity, don't believe in it and won't subject them to that - they're grown, they can do what they want with it ..

Reply #62

DC81 — Tue, 17 Jun 2008 18:54:36 GMT

Why so much to the three family members? Obviously I don't know them but giving them that amount seems rather dangerous. You should give it to them in an annuity! Plus the taxes would probably be murder on that.

Reply #61

Sandra Dee — Tue, 17 Jun 2008 14:53:37 GMT

I already submitted my answer but I wasn't properly thinking, I lowballed, big time .. so I thought specifically of the luxuries I would need and then calculated from that to see what is feasible for me to call it quits ..

a house in the posh section of jersey = $5,900,000 [yearly taxes, maintanance included for 50 years]

cars for me and immediate three family members = $350,000

continued education for said family members = $540,000 [books included cause the prices for one edition is ri... [ More ]

Reply #60

MeFirstYouLast — Sat, 24 May 2008 23:13:07 GMT

Did you notice, right after the movie was completed, he checked into a LA hospital, I think SInia, for a physical. He was having trouble breathing. Don't know why he didn't go back to Cuba - or stay there. Hollywood is full speech makers, they make a living out of lying. They don't change when the makeup comes off.

Reply #59

OldSchoolPa — Sat, 24 May 2008 15:28:01 GMT

MeFirstYouLast said: Our medical advantage is the result of one thing - profits to the investors Your food is superior because the growers make a profit. The cars are superior because the company makes a profit. The medicine is superior because the drug company's make a profit. Take that away and you will soon run out of inovation. Why try to be the best in your field when everything you make will be taken away from you. Let some one cut your salary by 50% and see how dedicated you will be. Redu... [ More ]

Reply #58

MeFirstYouLast — Wed, 21 May 2008 21:59:05 GMT

Pay the extra taxes and get nothing for it. You can't throw tax money at a problem and imagine it solved. That has never worked and will never work. Have you ever noticed that, in all these countries, with so called medical freebess, there are never wheel chairs on the streets? Never have handicap parking? Never have vans for transportation? It is because those who are handicaped are left with zero resources. Loose a leg to diabeties, which most people have diabeties. Have a parent loose a leg b... [ More ]

Reply #57

Sandra Dee — Wed, 21 May 2008 14:14:50 GMT

I've quit jobs for much much less! I once got a bonus of $5,000 and i was like 'sayonara suckers!' lived on that for a good seven months ... then back to looking for jobs! so basically, if you flash a couple of benjamins in my face, i can't promise you that i'm not quiting tomorrow - i'm more of that 'live for today for tomorrow you may be audited', type of chic

Reply #56

Piaceri — Wed, 21 May 2008 01:26:45 GMT

Psykomo, you are FUN

Reply #55

psykomo — Sun, 18 May 2008 20:35:29 GMT

Piaceri:

Had to vote Discard my Vote

PSYKO has FUN ^^^^^^^^^^

How Can U QUIT (that)??

LOL

PSYKOMO

Reply #54

pumpi76 — Mon, 05 May 2008 04:45:29 GMT

have you all heard of the 1st billion dollar home?

http://finance.yahoo.com/real-estate/article/104984/Inside-the-World's-First-Billion-Dollar-Home

now that's wickedness..

Reply #53

Piaceri — Sun, 04 May 2008 12:20:07 GMT

It's not like you're going to give the guy your name, or that you ever have to go to where you purchased your winning ticket again. I wouldn't do either. I would just smile when a sales clerk says that. Fortuneately they never have.

I am glad this poll got so many responses. It is my first poll. Thank you!

My own response was never - managing my investments is my new job . Sure, I will have advisors, but I will go back to school and learn as much about investing as I can. I don't... [ More ]

Reply #52

Alcymart — Sun, 04 May 2008 04:07:32 GMT

The Guy was actually smart and instead took you for an ignorant. He must say this to everyone and when someone will win something, he must then tell them... well you won something, how much do you give me?.. the ignorants feel bad and give him a small part of it. This guy collects from all winners. He is simply a greedy full of it con artist.

Reply #51

Elizabeth03 — Sat, 03 May 2008 00:14:06 GMT

The guy wasn't joking because he asked me twice about giving him money and told him differently

Reply #50

DC81 — Sat, 03 May 2008 00:11:34 GMT

Joking maybe but playing along can be dangerous if you actually win

Reply #49

tntea — Fri, 02 May 2008 23:24:57 GMT

He was probably jokinig around when he asked.

Reply #48

Elizabeth03 — Fri, 02 May 2008 23:17:25 GMT

I went to the store this evening to buy lottery tickets and the young man behind the counter asked me how much would I give him if I won? I told him I wouldn't give him anything the lottery corporation would for him being a seller. He was pretty ignorant

Reply #47

savagegoose — Fri, 02 May 2008 17:04:42 GMT

i ticked 1 mill, my new job would be stopping my missus from thinking we're rich and spending it all on extravagant excess , forcing us back to the gringstone of work. of course a $1 MILL WIN HERE IN OZ IS DIFFERENT THAN IN USA, 1 mill is 1 mill, cash and lumpsum, no tax, id have to say a $5 mill win if in usa, as after lum and tax, it'd prob be about $1 mill.

so

oz win = $1 mill

usa win = $5 mill

Reply #46

Bagent — Wed, 30 Apr 2008 07:02:40 GMT

I answered that I would consider quiting my job if I won $50 million. The reason for that amount is that I have been working for the last 40 years and really want to just sit back and do all the things that I have wanted to do in regards to travel and such that I have not been able to do in the last 40 years.

The desire to finally own my own home (and a second home in another country) so that I can split my time in between the two as I wish. The $50 million would allow me to buy/build what I

Reply #45

MillionsWanted — Tue, 29 Apr 2008 10:34:18 GMT

$ 5,000,000 is the minimum to be able to quit working for the rest of my life. I got 25 years left to work before retirement.

Reply #44

rcbbuckeye — Tue, 29 Apr 2008 03:30:41 GMT

Funny, I wasn't really interested in this poll, until the Texas 2 Step has climbed to 1.6 mil tonight. I have thought about if I win that much, as much as I want to retire, that really would not be enough. I would still have to take what is left from taxes and invest for 4 or 5 years to make sure me and my wife would not outlive the money. So I voted 5 mil. That would probably do the trick.

Reply #43

DC81 — Wed, 23 Apr 2008 08:46:47 GMT

I have seen Sicko and while I totally agree that our healthcare system is a huge mess thinking our corrupt, incompetent government could fix it is unrealistic. Plus since it's made by Michael Moore I know that certain things have to be taken with a grain of salt, such as his visits to other countries and his story of their healthcare systems, Hillary's absurd healthcare plan in the early 90s was spun to make it look like those evil Republicans are the reason it failed, ignoring that at the time... [ More ]

Reply #42

GamerMom — Wed, 23 Apr 2008 02:06:28 GMT

but what about all the people that can't afford medical coverage? the self employed? I know how it feels to be terrified every headache would be a brain tumor or every stomach ache would be cancer and I would die young because no one would treat me because I don't have insurance. Plus that, ever seen Sicko?? I would be glad to pay extra taxes...

Reply #41

DC81 — Wed, 23 Apr 2008 02:02:11 GMT

Well considering the fact that you'd likely have to pay a lot more in taxes if universal health care was passed, you might want to raise that a little. You'd be a lot better off taking care of it yourself than letting government do it.

Reply #40

GamerMom — Wed, 23 Apr 2008 01:50:51 GMT

I say 20 mil but I think my number would lower if, by some miracle, the next US prez pulls off universal health care.

I would love to quit working so I could donate to and volunteer at Children's Hospitals. I stayed in one when I was very young and would love to pay it forward.

Reply #39

lowly1 — Tue, 22 Apr 2008 18:36:56 GMT

I'd keep working. That said, if I got laid off from my current job, then I'd probably think about starting my own business than look for another job.

The biggest thing that winning the lottery would buy me is peace of mind from financial worries - mortage payments, health care, my children's education. That's huge.

Reply #38

Rocket 455 — Fri, 18 Apr 2008 16:43:00 GMT

If I hit the big one I'd probably work more. Instead of giving it away I'd give small business loans to a few people I know so that they can do what they love using their talents and I'd start a couple of businesses of my own. Would I ever work for someone else? @#$# no

I think I read somewhere... some kind of Zen saying that goes A day without work is a day without food. That's probably true whether you're rich or poor.

Reply #37

spy153 — Fri, 18 Apr 2008 16:42:45 GMT

I chose 100 million. It is an honest answer.

I play every game. And would be happy to win any of the jackpots. But it is the 100 million dollar jackpot or higher that would leave me comfortable enough to stop worrying about job security. I am taking into consideration the obscene rise in inflation we are currently witnessing (due to the gas price dominoe effect) and any other unforseen events. I am not good at investing, so that is not a thing I plan to do unless it is some sort of safe slow... [ More ]

Reply #36

OldSchoolPa — Fri, 18 Apr 2008 16:01:52 GMT

People who are broke and luck up and win a jackpot lottery should probably plan to keep working at something as they are very likely to blow their millions and wind up broke again (just check the historical evidence on this one). Those who were managing their financial affairs quite fine before such a win would probably do well to not work again...but then again, their nature may cause them to get involved in something, even if it is just volunteer work. As for me, I would continue to work...idl... [ More ]

Reply #35

Steven948 — Wed, 16 Apr 2008 00:57:45 GMT

If I won millions i would never work another day in my life, I am young (19 years old)and never walk in a college classroom. With so many school shooting happing, theres a very better chance that I could get killed in a school shooting than winning any jackpot. So if i could ever get that lucky why try to put my life in danger? If i won any life changing sum of money Id buy me a nice mercedes, buy me a gas station, put the money in the bank and live happily for the rest of my life.

Reply #34

Coin Toss — Tue, 15 Apr 2008 23:24:56 GMT

I thought it was always a cash value of around 50% but I guess not....right now Mega Millions is 37 million, cash 23.2 million, which is 62% while Powerball is 91 million, cash 46.7 million - 51%.

So much for constants.

As for a personal jackpot amount, sometimes I really think a person would be better off hitting a neighboring state's Pick 6 game (less press, less exposure) than the Powerball or Mega Millions. A nice quiet $3 million score or more handled sensibly should do anyone wonders... [ More ]

Reply #33

Old Eagle — Tue, 15 Apr 2008 05:10:40 GMT

Also retired. Most of my time is spent volunteering with youth organizations or travelling around the world. Living on a fixed income, but fixed far above what is needed to survive in a compfortable way. Playing the lottery is just for fun and the excitement of picking the right numbers once in a while. Many others will benefit from any winnings I am lucky enought to collect.

Reply #32

JackpotWanna — Mon, 14 Apr 2008 22:22:01 GMT

$5 million sounds good to me. Start a new hobby and visit a few places I always wanted to go. Nothing too fancy.

Reply #31

Stack47 — Mon, 14 Apr 2008 22:02:34 GMT

I thought subject was At what Jackpot will you continue or quit working? and if somebody won a $1 million jackpot, I'm pretty sure a financial adviser will tell them they must pay state and federal taxes. The amount they would need to invest for future income has to be factored in so even if the prize is $1 million, the check will be less.

According to the Ohio website the current MM jackpot is $37 million and the estimated cash value ($23.2 million) represents the sum of the first annuity i... [ More ]

Reply #30

justxploring — Mon, 14 Apr 2008 17:56:13 GMT

Yes, I realize that, but what does this have to do with the subject? If someone says I make $100,000 a year nobody answers Well, not really. You must pay state federal taxes on that money. Reverse...if you go to a restaurant and a meal is $12.00 you don't tell the waitress it doesn't mention the meal tax and the tip. The prize is the prize ... taxes are separate.

Reply #29

Stack47 — Mon, 14 Apr 2008 12:32:48 GMT

The question is easy to answer for somebody that is already retired but is complicated for those that are not.

During the 1950's and 1960's the self-help and financial books used to talk about if you could maake $12,000 a year you'd be sitting pretty good .

That shows how important it is to factor in inflation when considering the amount necessary to live comfortably for the next 20 or 30 years. When most of the states started lotto games in the 70s, the jackpots were usually $1 million... [ More ]

Reply #28

Stack47 — Mon, 14 Apr 2008 11:34:36 GMT

After Federal and State taxes it would be less than 50%. In Ohio the winner would get a check for about $16 million after taxes or around 43%.

Reply #27

bashley572 — Mon, 14 Apr 2008 11:32:18 GMT

I would enjoy the CHALLENGE of trying to live on 1 Mill - I think it would be more fun then what I am try to live on now..

Reply #26

justxploring — Mon, 14 Apr 2008 07:14:58 GMT

The MM jackpot is $37 million and the cash value is $23.2M which is more than 62%.

Reply #25

guesser — Mon, 14 Apr 2008 06:21:08 GMT

It's one thing to give because you want to, as opposed to others 'expecting' it, but you got it right: you cannot give to one without another screaming for 'their equal share' even though it's not 'theirs' to begin with.

For that reason, I would not give cash to anybody.

I may consider paying off a few relatives' mortgages or cars, but that would be the extent of it - and the extent of THAT would not be very big - mainly my siblings and my kids. Anyone else, and it's 'sorry - it's all tied... [ More ]

Reply #24

guesser — Mon, 14 Apr 2008 06:12:45 GMT

It's not 60%, it's more like 51%. FWIW.

Reply #23

pumpi76 — Mon, 14 Apr 2008 04:45:07 GMT

i also forgot to say that i would not nor did i plan to go to college full time..2 classes a semester will be the maximum...AgainLOL what a happy life....

More important than winnng millions and traveling is religiously working out (make it a habit) and watching what you eat....

Reply #22

emarosa — Mon, 14 Apr 2008 03:30:28 GMT

just a Joke !!! I'd never want to be like that

Reply #21

CaliWinner — Mon, 14 Apr 2008 01:54:49 GMT

Actually, I have 8 siblings, and my husband has two. Add in our parents as well, plus about 20 nieces and nephews, and we have a pretty sizeable family. And a significant number of them are dirt poor, just barely getting by (I love my family, but some of them have made very poor choices in their lives).

But...if we only won $40 million, the amount that we would give out to them would be very limited. Because there are SOOO many of them, there's no way we could give them much of anything witho... [ More ]

Reply #20

dingo — Mon, 14 Apr 2008 00:41:23 GMT

Lucky for you, you only need to share the jackpot within your family.

I have so many relatives. Almost all of them need help in one way or another.

Winning a lottery is very much like I am asking for trouble. It's better for me to cotinue to dream and work hard to earn more money after I graduate. It's better this way; no one is going to say that they have their shares in my hard-earned money.

Reply #19

CaliWinner — Sun, 13 Apr 2008 23:45:10 GMT

I marked $50 million (although, really, I have determined my personal cut off point as being $40 million). Since I live in Southern California, which is one of the most expensive areas to live in the country, and I would want to stay here, that would require a certain amount of money each year to continue living at the current style that I'm accustomed to. My husband and I make fairly good money as programmers, and retiring on only a million or $5 million jackpot really isn't an option (although... [ More ]

Reply #18

pumpi76 — Sun, 13 Apr 2008 20:39:51 GMT

i forgot to mention that i will work out a lot...

Reply #17

Pogo — Sun, 13 Apr 2008 18:48:32 GMT

Yep, $2 million would be just about right... Enough after taxes to invest even with a mild 5% grow, interest, or dividend we'd be talking $50k income per a year and after taxes that would net you about $38k - I'd say that's comfortable... Work a while elonger to get the current retirement fully vested, do a few fun things, then do your own little business thing from there on out... $2 million works - Pogo

Reply #16

justxploring — Sun, 13 Apr 2008 18:38:09 GMT

At my age, a million would be great. If you had $2M as a choice (for a jackpot) that would be ideal.

Note to emarosa: If you've worked for the type of people you refer to as jerk-offs (I have) then why would you ever want to be one

Reply #15

dingo — Sun, 13 Apr 2008 18:14:58 GMT

$100 Milllion.

I don't know why. I just feel that $100 Million equivalent to $100. May be, most the time I never read the 6 zeros behind it. They biggest amount I ever have is $3500. When you talk to me $100 thousands or $1 Million, I just don't have the experience handling that kind of money.

$1000 is very much for me. I am happy with that.

I probably will continue to work. Stay home is boring to death.

Reply #14

emarosa — Sun, 13 Apr 2008 15:54:49 GMT

I would stop working for someone else and do my own

thing. Isn't that the dream to not have to listen to some

Jerkoff anymore. Instead you can be that Jerkoff.

Reply #13

pumpi76 — Sun, 13 Apr 2008 04:32:02 GMT

It depends and also you haven't ask the question whether the job that people currently got is exciting and they enjoy it very much...You know one job that i did enjoy it and i will do it again and it they only paid me better like 1600 dollars a month i will be already working there is MacDonald/BurgerKing and Krystal (krystal been like BurgerKing/Macdonald)....The job was wonderful and what i enjoy from that job is that i was able to talk to my comnrades/mates...The only problem is that they got... [ More ]

Reply #12

RJOh — Sun, 13 Apr 2008 03:33:16 GMT

Will all your numerical knowledge be dumped on the public in the form of an e-book or a computer program?

I've been using a program that I've constantly added features as I've thought of them but I think I would want to win a second jackpot before I gave it to the public just to be sure it really did work.

Reply #11

GASMETERGUY — Sun, 13 Apr 2008 01:09:52 GMT

Since I can find no way to say what I feel better than what RJOH wrote, I must content myself with agreeing fully.

Reply #10

tntea — Sun, 13 Apr 2008 00:29:42 GMT

Yeah.. who needs 20... You only have one rump.

I use to maintain two riding lawn motors for our lawn. I just couldn't find another butt to put on the second when I was on the first. When one kicked the bucket, I just decided to stay with one.

Reply #9

tntea — Sun, 13 Apr 2008 00:27:39 GMT

that's the spirit. You can work on this most anywhere... Just take along the lap top and travel here and there as you work.

Reply #8

Coin Toss — Sat, 12 Apr 2008 22:23:29 GMT

This question isn't as easy to answer as it would seem.

During the 1950's and 1960's the self-help and financial books used to talk about if you could maake $12,000 a year you'd be sitting pretty good .

Sounds silly now, doesn't it?

The answer would depend largely on what your monthly nut is (expenses), your age, and your ability to really distinguish between wants and needs.

As we've seen on the lotterey documentaires, buying a nice car probably makes sense- buying 20 of them is rid... [ More ]

Reply #7

DC81 — Sat, 12 Apr 2008 21:31:07 GMT

I accidentally checked the wrong Never and can't fix it but I meant to choose Never! Managing my investments is my new job!

Of course it depends on how much the win is (and who or what I could afford to work with) but if it's a huge amount like 50M+ after taking the cash option and taxes I'd spend at least a few hours a week going over things with my financial adviser(s) either in person or online via video conferencing just to see where everything is and where to go. Then there's the o... [ More ]

Reply #6

OnlyZ — Sat, 12 Apr 2008 21:17:45 GMT

$1,000,000 cash would let me live my current lifestyle without working. I wouldn't get to do anything exciting, but not working would be pretty great.

Reply #5

ThatScaryChick — Sat, 12 Apr 2008 20:43:17 GMT

I would say a $1,000,000 to $5,000,000. I would invest a good amount and try living off the interest.

Reply #4

Pogo — Sat, 12 Apr 2008 20:05:18 GMT

I think about $5 million would do it - invest it all wisely... And after a few fun things here and there - not much... I would start my own small business, helping where I can along the way. Pogo

Reply #3

lotterybraker — Sat, 12 Apr 2008 19:46:24 GMT

If I ever win say 5 mil plus..I am dumping all my numerical knowledge on the public..but being that I hardly EVER play the big games the liklihood of that ever happening is slim..

it is such a rush to hunt this stuff up....especially if it comes up..hahaha

Reply #2

JustFrozen — Sat, 12 Apr 2008 19:33:16 GMT

Even with all that money, I'm betting I'd find myself far too bored to refrain from working. Plus some of my biggest dreams in life are work related

Reply #1

RJOh — Sat, 12 Apr 2008 17:57:49 GMT

I'm retired and only work at winning a lottery jackpot. If I win a jackpot (any size) I will continue working at winning another one because it's entertaining.

At what jackpot will you continue or quit working?

Piaceri — Sat, 12 Apr 2008 17:29:03 GMT

Consider your answer as if you take the cash payout (assume 60% of the jackpot), regardless of what taxes you pay or avoid.

Explain what factors lead you to this choice - your age, family considerations, etc.

Have fun