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Press your luck?

Topic closed. 16 replies. Last post 12 years ago by luckylottolady.

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ineed9million's avatar - scene sunovermountains.jpg
Philadelphia, PA
United States
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February 13, 2005
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Posted: April 5, 2005, 3:33 pm - IP Logged

If you won a 10 million dollar jackpot and the lottery commission offered you a 50/50 chance at a 50 million dollar jackpot, in exchange for jackpot; would you take the money (10 million) and run, or take a chance at the 50 million?

Now, I know alot of you dont like the lottery commission people, but for the sake of this post just assume the 50/50 drawing is indeed a fair 50/50 chance.

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    Wisconsin
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    Posted: April 5, 2005, 4:09 pm - IP Logged

    i'd take the money and run  ... i'd run like the wind 

    ... the lottery never fails to surprise!
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      Greenwich, CT
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      Posted: April 5, 2005, 7:09 pm - IP Logged

      Depends.  Is this the first $10 million jackpot I've won and if I lost it, I would back to nothing?

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        New Mexico
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        Posted: April 5, 2005, 9:04 pm - IP Logged

        Depends.  Is this the first $10 million jackpot I've won and if I lost it, I would back to nothing?

        That's the question I'd be asking, too.  I'd be back to using old tickets for toilet paper if I lost.

        Jack

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          Morrison, IL
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          Posted: April 5, 2005, 9:57 pm - IP Logged

            What kind of stupid question is that?  I'd take the $10 million and run!

            RJOh's avatar - chipmunk
            mid-Ohio
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            March 24, 2001
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            Posted: April 5, 2005, 10:49 pm - IP Logged

            Any lottery commission would be pressing its luck if it offered anyone a 50/50 chance to multiply a dollars by five per dollar bet.  It would lose 50% of the times and pay out 2.5 times the money it would take in, no lottery commission is that dumb.

            RJOh

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

              ineed9million's avatar - scene sunovermountains.jpg
              Philadelphia, PA
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              Posted: April 6, 2005, 4:55 pm - IP Logged

              rjoh, your missing the point of the hypothetical.  i agree it would be a dumb thing for a lottery commission to do.  the question was whether you would like to take an all of nothing chance.

                LOTTOMIKE's avatar - cash money.jpg
                Tennessee
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                Posted: April 7, 2005, 7:08 pm - IP Logged

                i'd take the 10 million,i wouldn't even do it if it was 90/10 in my favor.......

                  RJOh's avatar - chipmunk
                  mid-Ohio
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                  Posted: April 7, 2005, 9:01 pm - IP Logged
                  Quote: Originally posted by ineed9million on April 6, 2005


                  rjoh, your missing the point...............the question was whether you would like to take an all of nothing chance.



                  I'm retired and during over thirty-five years of my working life, I never made a million dollars.  If I won more than 10 times the amount I made in a life time of work, I would not have to think about it, it's a no brainer, I would take it and be happy.

                  RJOh

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

                    MillionsWanted's avatar - 24Qa6LT

                    Norway
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                    Posted: April 7, 2005, 10:55 pm - IP Logged

                    Take it. $ 10 million is not bad at all. No need to be greedy.

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                      Oregon
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                      Posted: April 8, 2005, 1:16 am - IP Logged

                      10 million. If I've gotten lucky enough to win 10 million, I'd be foolish to push my luck and possibly lose it all.

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                        United States
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                        Posted: April 8, 2005, 1:40 am - IP Logged

                        I also would take the $10 Million and run!

                        We shall see! 

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                          New York, NY
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                          Posted: April 8, 2005, 10:44 am - IP Logged

                          I would take the 10 mil and run!!!

                            ADB-23's avatar - 8ball
                            PHILADELPHIA, PA
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                            December 3, 2004
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                            Posted: April 8, 2005, 11:00 am - IP Logged

                            TRY THE 10 MIL & WALK AWAY

                            RESPECT IS ALWAYS GIVING BUT NOT ALWAYS RECEIVED

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                              atlanta
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                              April 13, 2005
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                              Posted: April 13, 2005, 11:55 pm - IP Logged

                              run run run run