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POLL: Jackpot amounts

Topic closed. 35 replies. Last post 7 years ago by Dollar419.

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What amount, if any, would you consider "obscene", for one winner?

No such animal. I want it all. Mine! [ 20 ]  [46.51%]
I'll be the first $500 million winner. [ 4 ]  [9.30%]
I'll the first $1 billion winner [ 3 ]  [6.98%]
Over $100 million [ 4 ]  [9.30%]
Over $50 million [ 1 ]  [2.33%]
Over $25 million [ 1 ]  [2.33%]
Anything over $24, 982, 301.76! [ 2 ]  [4.65%]
Give me a nice quiet $5-10 Million in a Pick 6 [ 6 ]  [13.95%]
Other [ 2 ]  [4.65%]
Total Valid Votes [ 43 ]  
Discarded Votes [ 2 ]  
Coin Toss's avatar - shape barbed.jpg
Zeta Reticuli Star System
United States
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January 17, 2006
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Posted: April 18, 2010, 2:13 pm - IP Logged

"Obscene" meaning in the sense that the jackpot is so huge when you play you hope someone else wins along with you?

Take into consideration reductions of the advertised amounts for cash option, and then what the net would be after taxes, but is there an amount you consider too much for one winner, even if that winner is you?

Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

Lep

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.

    THRUST's avatar - f35l

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    Posted: April 18, 2010, 2:21 pm - IP Logged

    No such animal, I want it all! MINE!!! Razz

    You are only getting roughly half of the advertised jackpot if you take cash option and then you are looking at less because of taxes...don't forget.

    Sure a few million would be enough for someone...but that isn't even the point. Why be limited to one amount or the other? 

    I would take what ever I can get and be grateful. Smile

    $1,000,000

      Avatar

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      Posted: April 18, 2010, 2:35 pm - IP Logged

      "Obscene" meaning in the sense that the jackpot is so huge when you play you hope someone else wins along with you?

      Take into consideration reductions of the advertised amounts for cash option, and then what the net would be after taxes, but is there an amount you consider too much for one winner, even if that winner is you?

      For ME I would say NO AMMOUNT would be obscene.  But I son't consider "Wealth" obscene.   Being a Free Market Capitalist I would say whatever the Market will bear.....But that depends on the person...For Jack Whittaker $1million would be Obscene because he obviously can't handle fame/money that comes from a lottery win...However for a person that can handle money (like me..Hopefully) Could claim the money and disappear.

        RJOh's avatar - chipmunk
        mid-Ohio
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        Posted: April 18, 2010, 3:47 pm - IP Logged

        For ME I would say NO AMMOUNT would be obscene.  But I son't consider "Wealth" obscene.   Being a Free Market Capitalist I would say whatever the Market will bear.....But that depends on the person...For Jack Whittaker $1million would be Obscene because he obviously can't handle fame/money that comes from a lottery win...However for a person that can handle money (like me..Hopefully) Could claim the money and disappear.

        Jack Whittaker was already a millionaire when he won that PB jackpot, he owned a construction company.  He probably acted much the same before he won the jackpot. 

        He got national attention because so many people seem to feel lottery winners money don't really belong to them in the same way it would if they earned it by being a wall street banker or an executive in a large company.  The see lottery winners as only stewards of their winnings with a responsibility to use it doing good for others.  Yet when bankers and executives get that kind of money as a yearly salary and bonuses, there isn't any national news coverage on how they spend their money because no one cares.

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

          rdgrnr's avatar - walt
          Way back up in them dadgum hills, son!
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          Posted: April 18, 2010, 3:49 pm - IP Logged

          Not that I think it's obscene but I wouldn't mind if they capped it at 100 mill and then take all the money they would have added to the jackpot subsequently and add it to the lesser prizes instead.


                                                       
                               
                                                   

           

           

           

           

                                                                                                             

          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                      --Edmund Burke

           

           

            THRUST's avatar - f35l

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            Posted: April 18, 2010, 4:02 pm - IP Logged

            ^

            I like the idea of lesser prizes being more...it really is uneven...$200,000-$250,000 then $10,000??? 

            $1,000,000

              sully16's avatar - sharan
              Ringleader
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              Posted: April 18, 2010, 4:10 pm - IP Logged

              I would'nt mind sharing anything over 15 million, with my family 15 mil is just fine.

              Did you exchange a walk on part in the war ?

              For a lead role in a cage?

               

                                                          From Pink Floyd's " Wish you were here"

                ThatScaryChick's avatar - x1MqPuM
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                Posted: April 18, 2010, 5:27 pm - IP Logged

                I don't think there is an obscene amount for one person to win, but if a jackpot goes up to 200, 300+ million, I dont mind seeing more then one person win it. It would be nice to see more then one person benefit with really large jackpots. But, like some other members here, I am one of those people who would LOVE to win a jackpot no matter how small. Even if it might mean having to share. It would be better then nothing.

                "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

                  RJOh's avatar - chipmunk
                  mid-Ohio
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                  Posted: April 18, 2010, 6:00 pm - IP Logged

                  If you ever find yourself the only winner of a jackpot larger than you would care to accept alone then you'll probably have no problems gathering a pool of family members, friends and neighbors who would be happy to claim it with you.  The only problem is they probably wouldn't tell you if the situation was switched they would not do the same with you and you would probably like to think they would.

                  Myself, if the jackpot was large enough to pay an annuity of $5M or more annually, I would accept the annuity and not worry about managing the cash.

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

                    ThatScaryChick's avatar - x1MqPuM
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                    Posted: April 18, 2010, 6:10 pm - IP Logged

                    If you ever find yourself the only winner of a jackpot larger than you would care to accept alone then you'll probably have no problems gathering a pool of family members, friends and neighbors who would be happy to claim it with you.  The only problem is they probably wouldn't tell you if the situation was switched they would not do the same with you and you would probably like to think they would.

                    Myself, if the jackpot was large enough to pay an annuity of $5M or more annually, I would accept the annuity and not worry about managing the cash.

                    I am not talking about sharing a jackpot with family or friends. If I ever win, I will be claiming my jackpot by myself, well they may go down to the headquarters with me, but they know that the jackpot will be mine. I mean having more then one person winning a huge jackpot...probably from different states, people who don't know each other.

                    "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

                      RJOh's avatar - chipmunk
                      mid-Ohio
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                      Posted: April 18, 2010, 6:44 pm - IP Logged

                      I am not talking about sharing a jackpot with family or friends. If I ever win, I will be claiming my jackpot by myself, well they may go down to the headquarters with me, but they know that the jackpot will be mine. I mean having more then one person winning a huge jackpot...probably from different states, people who don't know each other.

                      Taking family and friends with you to claim a jackpot for only yourself is like taking them with you for dinner and only paying for your meal, you might have some disappointed family and friends.

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                        Posted: April 18, 2010, 7:09 pm - IP Logged

                        Taking family and friends with you to claim a jackpot for only yourself is like taking them with you for dinner and only paying for your meal, you might have some disappointed family and friends.

                        I Agree!

                        ''YOU CAN PAY FOR SCHOOL BUT, YOU CAN'T BUY CLASS''Thumbs Up

                          rdgrnr's avatar - walt
                          Way back up in them dadgum hills, son!
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                          Posted: April 18, 2010, 7:27 pm - IP Logged

                          I would'nt mind sharing anything over 15 million, with my family 15 mil is just fine.

                          I accept, sully. Let me know when you win over 15 mill.


                                                                       
                                               
                                                                   

                           

                           

                           

                           

                                                                                                                             

                          "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                      --Edmund Burke

                           

                           

                            sully16's avatar - sharan
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                            Posted: April 18, 2010, 7:42 pm - IP Logged

                            got ya covered uncle ridge,let me know when you get yours.

                            Did you exchange a walk on part in the war ?

                            For a lead role in a cage?

                             

                                                                        From Pink Floyd's " Wish you were here"

                              ThatScaryChick's avatar - x1MqPuM
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                              Posted: April 18, 2010, 7:43 pm - IP Logged

                              Taking family and friends with you to claim a jackpot for only yourself is like taking them with you for dinner and only paying for your meal, you might have some disappointed family and friends.

                              Not really. The family members that would go with me (my mom and sisters), if they wanted to go that is, know that if I win, they will get a certain amount and that's it. They don't expect me to flatout split the whole jackpot. We've discussed this before. So, I don't see them being disappointed. It depends on ones family and ones relationship with how you handle a situation like this. Everyone is different.

                              "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."