POLL: Lotterey players, the wealthyPrev Topic Next Topic

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Why do the rich play the lottery?

To them money is a way of keeping score

[ 10 ]

[ 15.9% ]

They're bored

[ 2 ]

[ 3.2% ]

Just for fun, entertainment

[ 21 ]

[ 33.3% ]

You can't take it with you

[ 1 ]

[ 1.6% ]

It's just another diversion

[ 3 ]

[ 4.8% ]

Why not!

[ 18 ]

[ 28.6% ]

Other

[ 8 ]

[ 12.7% ]

Total valid votes

[ 63 ]

Discarded votes

[ 1 ]

Wheeler

25

Pittsburg, Ks
United States
Member #3,382
January 17, 2004
109,332 Posts
Offline

Dec 6, 2009, 4:26 pm

Quote: Originally posted by rdgrnr on Dec 6, 2009
I disagree with the greed factor. I know I would continue to play even if I won the big one and became fabulously wealthy. I just enjoy playing because I think it's fun even when I don't win. I don't understand the disdain for rich people because isn't that what most of us aspire to? Would we then become part of the evil, greedy rich? Success and prosperity are good things and the foundation on which capitalism is based. It's the American Way.

I don't think there are any more greedy rich people than there are greedy poor people.

I agree with you rdgrmr. Wealthy person buys lottery ticket; wins jackpot. They aewe probably off to Disneyland---in another country

God Bless America
jump1900

North Carolina
United States
Member #48,153
December 12, 2006
3,481 Posts
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Dec 6, 2009, 7:13 pm

they play to get the rush

?
JAP69

South Carolina
United States
Member #6
November 4, 2001
8,965 Posts
Offline

Dec 6, 2009, 7:22 pm

Braggin rights at the koktail party with lobster and caviar.

Numbers are where you find them.
JAP69

South Carolina
United States
Member #6
November 4, 2001
8,965 Posts
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Dec 6, 2009, 7:44 pm

I think a lot of them who appear wealthy play for the money. Get to know people who appear wealthy and many of them will have no more cash value than any one who appears less wealthy. I have known a fair share of people who appear wealthy but would not have a pot to mictuate in if they cashed eveything out and satisfied creditors.

Numbers are where you find them.
joker17

United States
Member #75,356
June 1, 2009
5,345 Posts
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Dec 6, 2009, 11:30 pm

Quote: Originally posted by SmoothJuice on Dec 6, 2009
Poor people shouldn't be playing the lottery in the first place.

Rich people and poor people love money. That's many people like to gamble. Getting mad at the rich people because they play the lottery is just plain ignorant. THE LOTTERY IS FOR EVERYBODY!!

Who said poor?

The working class stiffs who have to drag their ass to work in a place they hate.

It's not ignorant for me to not like the rich to get richer. I think your the ignorant one. The lottery is for people who DON'T have a lot of money, not for people who have a lot and are just too greedy.

BTW, stop putting words in my mouth.
BobP

Dump Water Florida
United States
Member #380
June 5, 2002
3,574 Posts
Offline

Dec 7, 2009, 1:51 am

Quote: Originally posted by Coin Toss on Dec 6, 2009
ThatScaryChick,

That's part of the reason for the poll. Let's say they already have millions. So is there a message here that there's never enough?

BobP,

"Because money won is twice as sweet. BobP"

Not so sure that holds true with "old money". They've been known to look down their noses at the nouveau riche, even if they became rich by being entreupeneurs. There's no telling how they'd regard people who came into a windfall like a jackpot.

Never thought to contrast old money with nouveau riche.

Old money would have worked out how not to pay taxes and winning a million would just complicate things.

I think people who have worked hard for their first million would love to win a second million as much as the rest of us.

People with trust funds would like to win some liquid assets (mad money).

Even if I won two hundred million I'd keep playing to keep up the pot for everyone else.

BobP
ca-dreamin*

Chicago
United States
Member #70,676
February 8, 2009
889 Posts
Offline

Dec 7, 2009, 8:01 pm

Good question! IF and thats a big IF I was wealthy I would play the lottery just for the challenge of trying to pick the right numbers and to keep my mind active. Then again if I never had to worry about having enough money.....it would be more fun to play the stock market.

I deliver the mail to some very wealthy people...this is no joke. Too bad I don't know any of them well enough to ask if they play the lottery and /or why. LOL would I dare ask?
bashley572

West Side of Sunny Florida
United States
Member #55,046
September 8, 2007
3,371 Posts
Offline

Dec 8, 2009, 5:25 am

Quote: Originally posted by BobP on Dec 6, 2009
Because money won is twice as sweet. BobP

hummm.. where have I heard that one???

Money won is twice as good as money earned!
dopey7719

Columbia, SC
United States
Member #69,696
January 14, 2009
440 Posts
Offline

Dec 8, 2009, 6:40 am

Quote: Originally posted by joker17 on Dec 6, 2009
Who said poor?

The working class stiffs who have to drag their ass to work in a place they hate.

It's not ignorant for me to not like the rich to get richer. I think your the ignorant one. The lottery is for people who DON'T have a lot of money, not for people who have a lot and are just too greedy.

BTW, stop putting words in my mouth.

I agree Joker17...I'm one of those working class stiffs on my way to a job I hate right now! Believe me, IF I had millions, I wouldn't even think of playing the lottery. I play because I HATE my job and I would love to get rid of all of this debt that I have and my family has. Once that's done, I'd spend my time learning about investments and having a blast!
Coin Toss

Zeta Reticuli Star System
United States
Member #30,469
January 17, 2006
11,788 Posts
Offline

Dec 8, 2009, 1:36 pm

Interesting stat here folks about people hating their jobs - I remember reading this in a health newsletter- the most common time for heart attacks to occur in america is a Monday morning during the usual commute to work time. The wrtier of the article stated that some people hate the thought of going back to a job they hate so bad that their body actually says, "Well, OK", and shuts down on them.

Personally, I think two of the greatest gifts we can have in this life are a job you really enoy going to and dying in your sleep.

"Get people to pay you to do something you enjoy and you'll never work again"

-Buddha

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners.

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.
petergrfn

United States
Member #26,329
November 16, 2005
330 Posts
Offline

Dec 8, 2009, 2:49 pm

Because rich or poor people gamble just sometimes in different ways. Poor folks may play the lotto and rich folks gamble on the stock market......Although these days the lotto ticket may be the better option! LOL
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Dec 10, 2009, 12:04 am

Quote: Originally posted by Coin Toss on Dec 8, 2009
Interesting stat here folks about people hating their jobs - I remember reading this in a health newsletter- the most common time for heart attacks to occur in america is a Monday morning during the usual commute to work time. The wrtier of the article stated that some people hate the thought of going back to a job they hate so bad that their body actually says, "Well, OK", and shuts down on them.

Personally, I think two of the greatest gifts we can have in this life are a job you really enoy going to and dying in your sleep.

"Get people to pay you to do something you enjoy and you'll never work again"

-Buddha

I'm half way there, I'm retired and I enjoy playing lotteries. Now all I have to do is figure out how to make money doing it.

* you don't need to buy every combination, just the winning ones *
BaristaExpress

Magnolia, Delaware
United States
Member #18,794
July 20, 2005
789 Posts
Offline

Dec 10, 2009, 2:47 pm

Quote: Originally posted by BobP on Dec 7, 2009
Never thought to contrast old money with nouveau riche.

Old money would have worked out how not to pay taxes and winning a million would just complicate things.

I think people who have worked hard for their first million would love to win a second million as much as the rest of us.

People with trust funds would like to win some liquid assets (mad money).

Even if I won two hundred million I'd keep playing to keep up the pot for everyone else.

BobP

I couldn't have said it any better BobP! three cheers for BobP.... lol

Keep dreaming the impossible dream, it just may come true!
konane

USA
United States
Member #1,265
March 13, 2003
9,061 Posts
Offline

Dec 10, 2009, 11:34 pm

Quote: Originally posted by BobP on Dec 6, 2009
Because money won is twice as sweet. BobP

Great point ... they may consider won money 'free money' they didn't have to work hard for.

Also believe rich people play for the challenge ... they're accustomed to winning when it comes to money and they want to see how well they can outsmart lottery odds. It's all a game they maintain a sense of fun playing.

Any person poor or rich with a dollar and a dream can win jackpots as many times as they can come up with the matching numbers.

Have fun and the best of luck to everyone!
myturn

Bondi Junction
Australia
Member #57,240
December 24, 2007
1,102 Posts
Offline

Dec 25, 2009, 8:33 pm

Investing in the stock markey is a gamble! If Madoff "investors" had bought lottery tickets they would be better of today - they would have at least got something back, and some might have won serious money.

They could also feel good that the revenue raised was benefiting the state - not supporting a lavish lifestyle.

We all get a lot out of lotteries!

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