How long do people wait before cashing in a big win?Prev TopicNext Topic

• Elizabeth03

  

  Nova Scotia
  Canada
  Member #9,934
  December 27, 2004
  1,292 Posts
  Offline
  Aug 8, 2012, 11:33 pm

  ▲▼

  The  people  that win a large amount of money, like $ 1000 or more, how long do they wait before going to get their winnings?

   

  Are people anxious to get their money, or do they hold off on it?

   

  i have read about people  doing that in the newspaper and on television..
• Nikkicute

  

  Wisconsin
  United States
  Member #123,284
  February 17, 2012
  4,952 Posts
  Offline
  Aug 8, 2012, 11:56 pm

  ▲▼

  Depends on the person, some go right away and some are in no hurry at all.

  If its a really big jackpot win, some want to get things in order with a lawyer ect.. before turning in the ticket.
• dognabit

  

  wisconsin
  United States
  Member #130,748
  July 23, 2012
  221 Posts
  Offline
  Aug 9, 2012, 12:03 am

  ▲▼

  I guess it depends on the individual.

   

  If I won any life changing amount, I hope I'd have the patience to wait untill I had my ducks in a row.
• Coin Toss

  

  Zeta Reticuli Star System
  United States
  Member #30,469
  January 17, 2006
  11,788 Posts
  Offline
  Aug 9, 2012, 12:22 am

  ▲▼

  A few years ago a woman won a jackpot sometime in the summer.

  She kep the ticket until Chritmas, wrapped it up, gave it to her husband and said, "This is the best I could do this year."

  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.
• weshar75

  

  Mcminnville, Oregon
  United States
  Member #3,013
  December 13, 2003
  6,173 Posts
  Offline
  Aug 9, 2012, 12:42 am

  ▲▼
  In response to Elizabeth03

  Quote: Originally posted by Elizabeth03 on Aug 8, 2012

  The  people  that win a large amount of money, like $ 1000 or more, how long do they wait before going to get their winnings?

   

  Are people anxious to get their money, or do they hold off on it?

   

  i have read about people  doing that in the newspaper and on television..

  When mom won $5000 this year she won on a friday and we were at the lottery headquarters on that next monday.  So not very long at all.-weshar75

  
• mcginnin56

  United States
  Member #111,437
  May 25, 2011
  6,323 Posts
  Offline
  Aug 9, 2012, 6:10 am

  ▲▼

  There are times that I'm so confident that my numbers are going to come up, that I show up at the lottery office the day before the drawing to cash

  in my winnings. Sometimes they give me a hard time, insisting that the numbers haven't been drawn yet! 

   

  What's up with that.       Don't they believe anyone now days. 
• mcginnin56

  United States
  Member #111,437
  May 25, 2011
  6,323 Posts
  Offline
  Aug 9, 2012, 6:12 am

  ▲▼
  In response to Coin Toss

  Quote: Originally posted by Coin Toss on Aug 9, 2012

  A few years ago a woman won a jackpot sometime in the summer.

  She kep the ticket until Chritmas, wrapped it up, gave it to her husband and said, "This is the best I could do this year."

  That was a classy move! 
• IPlayWeekly

  

  Columbus, Ohio
  United States
  Member #128,900
  June 5, 2012
  599 Posts
  Offline
  Aug 9, 2012, 6:33 am

  ▲▼

  I wouldn't be able to wait... I'd cash it in as soon as possible
• helpmewin

  

  100

  u$a
  United States
  Member #106,660
  February 22, 2011
  19,960 Posts
  Offline
  Aug 9, 2012, 7:16 am

  ▲▼
  In response to IPlayWeekly

  Quote: Originally posted by IPlayWeekly on Aug 9, 2012

  I wouldn't be able to wait... I'd cash it in as soon as possible

                          

  
• THRIFTY

  

  100

  NEW YORK
  United States
  Member #90,531
  April 29, 2010
  13,283 Posts
  Offline
  Aug 9, 2012, 7:42 am

  ▲▼
  In response to Elizabeth03

  Quote: Originally posted by Elizabeth03 on Aug 8, 2012

  The  people  that win a large amount of money, like $ 1000 or more, how long do they wait before going to get their winnings?

   

  Are people anxious to get their money, or do they hold off on it?

   

  i have read about people  doing that in the newspaper and on television..

  They are crazy or they are afraid to pay taxes on the winning.They might have some funny stuff goon on.
• THRIFTY

  

  100

  NEW YORK
  United States
  Member #90,531
  April 29, 2010
  13,283 Posts
  Offline
  Aug 9, 2012, 7:45 am

  ▲▼
  In response to Coin Toss

  Quote: Originally posted by Coin Toss on Aug 9, 2012

  A few years ago a woman won a jackpot sometime in the summer.

  She kep the ticket until Chritmas, wrapped it up, gave it to her husband and said, "This is the best I could do this year."

  What a nut job. She was trying to make up for something bad. Money do not solve all life problems.
• THRIFTY

  

  100

  NEW YORK
  United States
  Member #90,531
  April 29, 2010
  13,283 Posts
  Offline
  Aug 9, 2012, 7:52 am

  ▲▼
  In response to IPlayWeekly

  Quote: Originally posted by IPlayWeekly on Aug 9, 2012

  I wouldn't be able to wait... I'd cash it in as soon as possible

  I agree people tend not to see a fast moving target very easy. The faster the better. I will claim it right away if I win a jackpot and disappear from the press.
• THRIFTY

  

  100

  NEW YORK
  United States
  Member #90,531
  April 29, 2010
  13,283 Posts
  Offline
  Aug 9, 2012, 7:54 am

  ▲▼
  In response to weshar75

  Quote: Originally posted by weshar75 on Aug 9, 2012

  When mom won $5000 this year she won on a friday and we were at the lottery headquarters on that next monday.  So not very long at all.-weshar75

  

  She needed the money, why wait.
• THRIFTY

  

  100

  NEW YORK
  United States
  Member #90,531
  April 29, 2010
  13,283 Posts
  Offline
  Aug 9, 2012, 7:59 am

  ▲▼
  In response to mcginnin56

  Quote: Originally posted by mcginnin56 on Aug 9, 2012

  There are times that I'm so confident that my numbers are going to come up, that I show up at the lottery office the day before the drawing to cash

  in my winnings. Sometimes they give me a hard time, insisting that the numbers haven't been drawn yet! 

   

  What's up with that.       Don't they believe anyone now days. 

  Weren't your numbers drawn when you won $200k in 2007? You might not win again.
• mcginnin56

  United States
  Member #111,437
  May 25, 2011
  6,323 Posts
  Offline
  Aug 9, 2012, 8:57 am

  ▲▼
  In response to THRIFTY

  Quote: Originally posted by THRIFTY on Aug 9, 2012

  Weren't your numbers drawn when you won $200k in 2007? You might not win again.

  My QP numbers were drawn in 2007, and it absolutely will happen again. Not a matter of if, but when. 

  I am as confident of that, as you are about your wealth re-distrubition theory!