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Do Wealthy People Play The Lottery?

Topic closed. 94 replies. Last post 6 years ago by dr65.

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GiveFive's avatar - Lottery-026.jpg
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Posted: June 27, 2010, 10:42 am - IP Logged

This may have been hashed out here before.  If so, my apologies.

Here's a question to ponder: Do you think there are any people who are already multi-millionaires and play the lottery?  If you do, do you think they win substantial prizes?

It's not like they can't afford to play thousands per week.  If they're famous, rather than buy in person, they could always have their hired help go buy the tickets.

I'm not asking if you think they should play or should not play.  Any rich person that does play doesnt care what anyone else's opinion might be. 

Just for the record, I'm a millionaire "wannabe".   That's why I play.

About playing the lottery --  You will lose more than you win. Until you hit a jackpot.  Then everything changes!

    edge's avatar - waveform

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    Posted: June 27, 2010, 10:45 am - IP Logged

    by a mental disorder: yes

    ab actu ad posse valet illatio - from the past one can infer the future

      tiggs95's avatar - Lottery-036.jpg

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      Posted: June 27, 2010, 10:59 am - IP Logged

      Hollywood Henderson who played for the Dallas Cowboys way back when hit the Texas lottery and won millions..

        Puffalishous's avatar - disney20

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        Posted: June 27, 2010, 11:10 am - IP Logged

        I think so... how many stories have we read of sports figures gambling? Michael Jordan? Maybe they do it out of boredomSulk Off

          RJOh's avatar - chipmunk
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          Posted: June 27, 2010, 11:12 am - IP Logged

          Jack Whittaker owned a construction company and was already a millionaire when he bought $100 worth of PowerBall tickets and won.  Winning PB made him a multi-millionaire.

          *Note: People who become millionaires by working hard and are still working to stay a millionaire probably don't think of themselves as rich.

           * 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: June 27, 2010, 11:14 am - IP Logged

            I read somewhere that wealthy people spend more on the lottery but I don't remember if it was collectively or per capita.


                                                         
                                 
                                                     

             

             

             

             

                                                                                                               

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

                                                                                                        --Edmund Burke

             

             

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              Posted: June 27, 2010, 11:14 am - IP Logged

              by a mental disorder: yes

              I Agree!Yes, and the "the mental disorder has a name....Sick-GREED!!!Puke

              forget what "they" say about youWhat you say about you?...

              Now, does it count??

               

               

              *Jr$ina

                cheryl59's avatar - center
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                Posted: June 27, 2010, 11:19 am - IP Logged

                This may have been hashed out here before.  If so, my apologies.

                Here's a question to ponder: Do you think there are any people who are already multi-millionaires and play the lottery?  If you do, do you think they win substantial prizes?

                It's not like they can't afford to play thousands per week.  If they're famous, rather than buy in person, they could always have their hired help go buy the tickets.

                I'm not asking if you think they should play or should not play.  Any rich person that does play doesnt care what anyone else's opinion might be. 

                Just for the record, I'm a millionaire "wannabe".   That's why I play.

                With out exposing her name :).. I know a lady  that won the Mega Millions twice! I see her playing all the time... I asked her one time why do you still play lottery? and she answered.... Why not. 

                CHERYL59Hippy

                01-02-03-04-05

                My Ultimate Pet numbers

                  jarasan's avatar - new patrick.gif
                  Harbinger
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                  Posted: June 27, 2010, 11:28 am - IP Logged

                  I Agree!Yes, and the "the mental disorder has a name....Sick-GREED!!!Puke

                  I don't know Rosie............. I think the more people play,  the bigger the jackpots,   do you not like ambitious people that work and play hard?  Is there something wrong with accumulating wealth and gambling some away for the schools?  No one should be excluded from playing,  especially people that CAN afford to play.  The people that probably shouldn't gamble are the ones that CANNOT afford to, and are hoping somehow that the next big hit will fix everything. 

                  Sun Smiley

                    GiveFive's avatar - Lottery-026.jpg
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                    Posted: June 27, 2010, 11:43 am - IP Logged

                    I Agree!Yes, and the "the mental disorder has a name....Sick-GREED!!!Puke

                    Personally, I think it has a lot to do with the mentality of the wealthy, which is something that those of us who have never had a lot of money (that includes me) cant appreciate.  When you work as hard as you must do to earn it, you'll soon realize you have to work just as hard to keep it.

                    I know of cases where those that worked hard to become wealthy appreciate it far more than than their kids who were born into wealth.

                    Maybe it is greed, but do you think for one second they care what anyone else thinks it is?

                    About playing the lottery --  You will lose more than you win. Until you hit a jackpot.  Then everything changes!

                      four4me's avatar - gate1
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                      Posted: June 27, 2010, 1:46 pm - IP Logged

                      Personally, I think it has a lot to do with the mentality of the wealthy, which is something that those of us who have never had a lot of money (that includes me) cant appreciate.  When you work as hard as you must do to earn it, you'll soon realize you have to work just as hard to keep it.

                      I know of cases where those that worked hard to become wealthy appreciate it far more than than their kids who were born into wealth.

                      Maybe it is greed, but do you think for one second they care what anyone else thinks it is?

                      Actually many wealthy people throw their money around but many more don't they wear the same clothes drive the same car until it falls apart etc. And don't spend money on things they don't need or want.

                      Big John says. You don't hit the number. The number hits you!!!!

                                     I'm not Big John, I'm Four4me, Big John's a friend.
                        MADDOG10's avatar - smoke
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                        Posted: June 27, 2010, 2:07 pm - IP Logged

                        I think so... how many stories have we read of sports figures gambling? Michael Jordan? Maybe they do it out of boredomSulk Off

                        It's the thrill of victory, that goes along with the agony of defeat...!

                                                                     

                                                                       "  When Injustice Becomes Law, Resistance Becomes Duty "

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                          Harbinger
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                          Posted: June 27, 2010, 2:12 pm - IP Logged

                          I'm sorry,  yes rich people play the lottery,  let's say you are worth $17 Million $17,000,000.00,  and the jackpot for Pball is $210,000,000.00 $210 Million,  wouldn't you throw down for a couple of quick picks?

                          Hurray!

                          Now lets say you are worth $1,700,   should you even gamble $1.00?  Would that be considered greedy, dumb,  or just plain hoping for miracle?

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                            md
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                            Posted: June 27, 2010, 2:54 pm - IP Logged

                            Yes wealthy people play the lottery, and will continue. If you are worth $10,000,000, and the Powerball is worth $330,000,000, its obvious, you will relishh the joy and hope of puttting a couple hundred down at the chance for much more.  Nothing ventured nothing gained.

                              LAVERNE MALONEY's avatar - smallgirl

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                              Posted: June 27, 2010, 3:59 pm - IP Logged

                              Yes, I believe wealthy people play the lottery. I am sure we have an abundant amount of wealthy people who play the lottery here at the Lottery Post.