$10 million versus $145 million

Reply #14

LottoFan — Sun, 27 Jun 2004 14:19:23 GMT

For the calendar year 2003, there were 104 chances to win the powerball jackpot. There were only eleven powerball jackpot winners for the year. Winning lottery jackpots through the application of knowledge is what drives me. Don't get me wrong, I still buy a QP just to include a little LUCK in the mix

Reply #13

phantomelm — Sun, 27 Jun 2004 07:01:50 GMT

I personally would prefer either one. To me 10 million is alot of money,I wouldn't go crazy buing alot of stuff,I could live very nicely off the interest of 10 million dollars,but i wouldnt turn down 145 million either,i could share it with my family and real friends. But honestly I am waiting for it to get really big,say over 350 million,i would love to see it go close to a billion dollars before someone wins,to see what everyone would do,and say about it. I would love to see all those people w... [ More ]

Reply #12

rabbitfoot1 — Fri, 25 Jun 2004 01:57:13 GMT

I play them all, bug or little in hopes of winning something

Reply #11

BobP — Wed, 23 Jun 2004 06:28:39 GMT

Quote: Originally posted by ryanm on June 22, 2004Quote: Originally posted by golotto on June 22, 2004I couldn't agree more. I've always felt that all lottery prizes should be tax free as they are in UK and also jackpot recipients should be given the option of remaining anonymous as they do in UK. The states and lotteries already have their profits from ticket sales and the prizes (including jackpots) should be awarded without any additional state or federal tax burden. The states may have prof... [ More ]

Reply #10

ThinkBig — Wed, 23 Jun 2004 01:26:11 GMT

As long as I could win around 10 million after taxes then i am fine with that because I have a special foundation I have been dreaming of putting together for several years now....OR, I would even settle for five or six million after tax. I don't need much myself, I just want to secure my child's future. I recalled when this dj on a radio station in ny used to always talk about winning the lotto. His co-workers were like, WHATEVER! Well, one day he did not show up for work and the listeners be... [ More ]

Reply #9

DoctorEw220 — Tue, 22 Jun 2004 20:24:15 GMT

there are people who choose not to play when the jackpot is low, so they wait until there is a rollover. also, the rich play the lottery because they fear that one day they will no longer be rich.

Reply #8

ryanm — Tue, 22 Jun 2004 13:08:13 GMT

Quote: Originally posted by golotto on June 22, 2004I couldn't agree more. I've always felt that all lottery prizes should be tax free as they are in UK and also jackpot recipients should be given the option of remaining anonymous as they do in UK. The states and lotteries already have their profits from ticket sales and the prizes (including jackpots) should be awarded without any additional state or federal tax burden. The states may have profits from ticket sales, but the US government doesn... [ More ]

Reply #7

nt22 — Tue, 22 Jun 2004 09:53:09 GMT

a 5 million dollar jackpot based on a 6/45 game is much preferedon a 150 million $ in the New York 6/59 game.

Reply #6

golotto — Tue, 22 Jun 2004 06:47:33 GMT

I couldn't agree more. I've always felt that all lottery prizes should be tax free as they are in UK and also jackpot recipients should be given the option of remaining anonymous as they do in UK. The states and lotteries already have their profits from ticket sales and the prizes (including jackpots) should be awarded without any additional state or federal tax burden.

Reply #5

BobP — Tue, 22 Jun 2004 06:26:05 GMT

There is a field of worthless advice based on casino games that is often told to lottery players they should wait until the prize exceeds the odds. This is based on buying a win which doesn't apply to lottery both because you can't (not really) and the size of the prize pays back all losses regardless of 10 million or 145 million. If I won more, I'd be able to give away more to good causes without feeling it. And no, lottery shouldn't be taxed because it is a tax. BobP

Reply #4

MrSteel01 — Tue, 22 Jun 2004 05:49:26 GMT

Quote: O

Reply #3

golotto — Tue, 22 Jun 2004 05:33:41 GMT

Quote: O

Reply #2

dragon — Tue, 22 Jun 2004 04:40:08 GMT

Who is Jack Whittaker?Goes to show you how informed I am.But truly, the masses that are running to the machines when the jackpot is large are not those select few you are talking about.For me, $1M would be plenty. I don't understand what goes on in those people's heads. As a matter of fact, I am for going in with 200 other people, buying 200 times as many tickets, increasing my odds of getting my $1M by a factor of 200, when the jackpot is large. $1M is enough to solve my problems.

Reply #1

golotto — Tue, 22 Jun 2004 02:36:57 GMT

The difference between the $10 million and the $145 million doesn't matter all that much for the ultra-small group of patient jackpot-only lottery players who's main goal in life and main reason for existing and constant thought from dawn to dusk is waiting for the precious moment when the moon and the stars are in perfect alignment and the time has arrived to complete their life's mission and unseat Jack Whittaker ...an old record is broken and a new one is set. It's really not about the money... [ More ]

$10 million versus $145 million

dphillips — Tue, 22 Jun 2004 01:33:52 GMT

Yes, Virginia, some people are happy winning a $10 million dollar lottery. Now, fancy this: some people WILL NOT PLAY UNLESS THE LOTTERY IS AT LEAST $50 million or more. Talk about the lottery machine circuits exploding when there is a $100 million lottery, or heaven's forbid, a $200 million lottery. Everyone comes out of the woodwork including grandma, grandpa, great-grandma with a rocker or a cane and great-grandpa without his dentures, running through doors, leaping over tall buildings, and... [ More ]