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How much would you need to win in order to stop gambling (after taxes)

at least 100,000 dollars

[ 5 ]

[ 9.4% ]

at least 1 million dollars

[ 8 ]

[ 15.1% ]

at least 10 million dollars

[ 19 ]

[ 35.8% ]

at least 100 million dollars

[ 4 ]

[ 7.6% ]

more than 100 million dollars

[ 17 ]

[ 32.1% ]

Total valid votes

[ 53 ]

Discarded votes

[ 3 ]

Ronnie316

100

United States
Member #116,263
September 7, 2011
20,243 Posts
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Feb 17, 2013, 4:34 pm

Quote: Originally posted by ttech10 on Feb 13, 2013
No matter what I'd still play at the same amount I do now. The only difference is if I won the jackpot a second time - and I think I've said this on here before - I would anonymously gift it to someone.

Oh, if I have to wait for you to win a SECOND jackpot just take me off the waiting list.
Ronnie316

100

United States
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September 7, 2011
20,243 Posts
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Feb 17, 2013, 4:36 pm

Quote: Originally posted by Tatototman65 on Feb 14, 2013
If I were to win big, I'd move out of the US and go to a country that understands online gambling is a good idea, and gamble that way.

Not me. I like LIVE action. I would love to own a few ponies and be a heavy bettor.
Ronnie316

100

United States
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September 7, 2011
20,243 Posts
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Feb 17, 2013, 4:38 pm

Quote: Originally posted by Think on Feb 15, 2013
I figure the amount by considering historical worst case inflation and the number of years until I reach 90 and then I calculate the after tax lump sum.

As an example, using past inflation figures, If I were 21 and used 90 as an expectation then I would quit if I won $100,000,000 after taxes.

My actual number, of course, is not that high.

At somewhere past 70 or 75 I'd probably just quit anyway.

Anything can happen but this is as good a way to figure it as any.

That sounds like over kill, unless you need $3-$5 million per year to live on?
Ronnie316

100

United States
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September 7, 2011
20,243 Posts
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Feb 17, 2013, 4:39 pm

Quote: Originally posted by jjtheprince on Feb 15, 2013
$10 mil would be enough for me to live out my days well on, so at that point Id quit.

(with the enough to live on part)
Ronnie316

100

United States
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September 7, 2011
20,243 Posts
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Feb 17, 2013, 4:41 pm

Quote: Originally posted by mightwin on Feb 15, 2013
Agree, if I won a good size amount I would still play mega and power and but down alittle more than I usually do and would have no problem puttin down a grand or so when the jackpot is huge!

QPs or self picks?
Ronnie316

100

United States
Member #116,263
September 7, 2011
20,243 Posts
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Feb 17, 2013, 4:53 pm

Quote: Originally posted by CinCin on Feb 16, 2013
While you're still thinkin', Ridge, I've already gone out and started my own campaign....First thing this morning, I made a stop by my church...

Dont forget to send a donation for use of the sign.
Ronnie316

100

United States
Member #116,263
September 7, 2011
20,243 Posts
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Feb 17, 2013, 5:40 pm

Let the good times roll.
PlayToWin47

Joplin MO
United States
Member #138,483
January 28, 2013
190 Posts
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Feb 17, 2013, 10:40 pm

Quote: Originally posted by CinCin on Feb 16, 2013
While you're still thinkin', Ridge, I've already gone out and started my own campaign....First thing this morning, I made a stop by my church...

HeeHee ... That's funny!!!
Think

Marquette, MI
United States
Member #20,540
August 20, 2005
1,220 Posts
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Feb 18, 2013, 12:00 am

Quote: Originally posted by Ronnie316 on Feb 17, 2013
That sounds like over kill, unless you need $3-$5 million per year to live on?

It may sound like over kill to you but that is considering worst case historical inflation over 70 years. Most people don't throw inflation into the calculation. Who knows what inflation is going to be or what else will happen.

$100,000,000 after taxes for someone who is 21 is only based on past worst case.
helpmewin

100

u$a
United States
Member #106,660
February 22, 2011
19,960 Posts
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Feb 18, 2013, 12:11 am

Quote: Originally posted by Ronnie316 on Feb 17, 2013
Let the good times roll.

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