Welcome Guest
Log In | Register )
You last visited January 18, 2017, 3:03 pm
All times shown are
Eastern Time (GMT-5:00)

If you can choose to give up your winnings in exchange for being never hungry or homeless...

Topic closed. 33 replies. Last post 4 years ago by Teddi.

Page 2 of 3
PrintE-mailLink
whiteballz's avatar - Lottery-015.jpg
Nutley, New Jersey
United States
Member #131058
August 1, 2012
875 Posts
Offline
Posted: May 15, 2013, 7:07 pm - IP Logged

ginmqi did you go to no avatar land?

.

    helpmewin's avatar - dandy
    u$a
    United States
    Member #106665
    February 22, 2011
    19964 Posts
    Offline
    Posted: May 15, 2013, 7:10 pm - IP Logged

    stupid questions BS 

    Let it Snow Snowman

      Saylorgirl's avatar - Lottery-065.jpg
      Indiana
      United States
      Member #129225
      June 13, 2012
      546 Posts
      Offline
      Posted: May 15, 2013, 7:16 pm - IP Logged

      stupid questions BS 

      I Agree!


        United States
        Member #142348
        May 9, 2013
        25 Posts
        Offline
        Posted: May 15, 2013, 8:13 pm - IP Logged

        OK a little fact checking here. I hate to interupt rdgrnr with facts but Catholic Charities also gets government funding, whether we like it or not. Actually Catholic Charities recieved more money from the federal government (2.2 billion in 2010), through the White House Office of Faith-Based and Neighborhood Partnerships,  than the Corporation of Public Broadcasting recieved (455 million 2012) in total from the feds. The salvation army also gets gov't money from the same office. 

        Giving money to Catholic Charities or The Salvation Army, who already take money out of our checks every week whether we like it or not, is nuts.

         

        Of course - it isn't nuts. Neither is aiding NPR, PBS or the ACLU.  All of these organizations serve a purpose.

          whiteballz's avatar - Lottery-015.jpg
          Nutley, New Jersey
          United States
          Member #131058
          August 1, 2012
          875 Posts
          Offline
          Posted: May 15, 2013, 8:18 pm - IP Logged

          OK a little fact checking here. I hate to interupt rdgrnr with facts but Catholic Charities also gets government funding, whether we like it or not. Actually Catholic Charities recieved more money from the federal government (2.2 billion in 2010), through the White House Office of Faith-Based and Neighborhood Partnerships,  than the Corporation of Public Broadcasting recieved (455 million 2012) in total from the feds. The salvation army also gets gov't money from the same office. 

          Giving money to Catholic Charities or The Salvation Army, who already take money out of our checks every week whether we like it or not, is nuts.

           

          Of course - it isn't nuts. Neither is aiding NPR, PBS or the ACLU.  All of these organizations serve a purpose.

          "Established in 1990, The NRA Foundation, Inc. ("NRA Foundation") is a 501(c)(3) tax-exempt organization that raises tax-deductible contributions in support of a wide range of firearm-related public interest activities of the National Rifle Association of America and other organizations that defend and foster the Second Amendment rights of all law-abiding Americans."

          http://www.nrafoundation.org/mission-statement.aspx

          .


            United States
            Member #142348
            May 9, 2013
            25 Posts
            Offline
            Posted: May 15, 2013, 8:27 pm - IP Logged

            You are right, they have a charitable arm. I guess they can have rdgrnr's money then. My apologies. I will remove that from my earlier post.

              whiteballz's avatar - Lottery-015.jpg
              Nutley, New Jersey
              United States
              Member #131058
              August 1, 2012
              875 Posts
              Offline
              Posted: May 15, 2013, 8:29 pm - IP Logged

              You are right, they have a charitable arm. I guess they can have rdgrnr's money then. My apologies. I will remove that from my earlier post.

              I don't think you should remove it. We have all been wrong at one time or another, including myself. It's nothing to feel bad about.

              .

                Avatar
                Toronto
                Canada
                Member #138397
                January 26, 2013
                179 Posts
                Offline
                Posted: May 15, 2013, 8:29 pm - IP Logged

                In this scenario how much would each lottery ticket cost? What would the matrix be like for this game? If you were to say the ticket price stays the same at $2 each and the matrix stays the same with having to match all 6 white balls out of 59 and then matching the red powerball out of 35, then I would stop playing the lottery. I would also imagine lottery sales would plummet sharply and the lottery goes out of business in 2 months.

                For me to spend $2 per ticket and go up against ridiculous odds, I would need a huge payoff. Neither of those two options would appeal to me so I would vote with my wallet and never play the lottery again. Don't get me wrong, i like the idea of giving money to charity but I was the one that took all the risk by spending my own money to buy $2 tickets and then take on about 176 million to 1 odds against me. If I some how managed to beat the odds I would like to be the main recipient of the jackpot.

                I wouldn't mind buying a ticket for $2 if we can get a weekly allowance of $5000 after-tax per person (say 4, for the avg family) for food, clothing, 

                gas, and other "necessities" for life, 3 Audis for me and my parents, and a 2-5 million dollar home. 

                 

                I'll be completely honest. I'm no altruistic person. I'm selfish. I don't like being forced to donate to charity. I'm not saying I'll never donate to charity. 

                If I donated it'd be because I felt good about helping those in need. Being forced to donate doesn't make me feel good. So choice 1 might as well be 

                without the charity part for me. I mean as a citizen that takes advantage of the roads and parks and police (and health care here in canada), I see more 

                reason to pay taxes than forced charitable donations anyway.


                  United States
                  Member #142348
                  May 9, 2013
                  25 Posts
                  Offline
                  Posted: May 15, 2013, 8:34 pm - IP Logged

                  Given the choices in the original post I would probably choose not to play. My two dollar day dream includes margaritas and palm trees, it most certainly does not include holding down a job.

                    Avatar
                    Toronto
                    Canada
                    Member #138397
                    January 26, 2013
                    179 Posts
                    Offline
                    Posted: May 15, 2013, 8:39 pm - IP Logged

                    Given the choices in the original post I would probably choose not to play. My two dollar day dream includes margaritas and palm trees, it most certainly does not include holding down a job.

                    You can hold two jobs (palm tree watcher, kind of like those bird watchers, and margarita taster) to solve that problem. And get some educational 

                    allowance for a botany degree and wine tasting lessons.

                      Avatar
                      Republic of Texas
                      United States
                      Member #57557
                      January 9, 2008
                      1095 Posts
                      Offline
                      Posted: May 15, 2013, 8:47 pm - IP Logged

                      Option 2 - take the money and run... all they way to the Caymans.

                      face

                      singlewinnersinglewinnersinglewinner   


                        United States
                        Member #142348
                        May 9, 2013
                        25 Posts
                        Offline
                        Posted: May 15, 2013, 8:50 pm - IP Logged

                        I like it - Tree Doctor and and wine tasting student, of course, I am a very slow learner.

                          whiteballz's avatar - Lottery-015.jpg
                          Nutley, New Jersey
                          United States
                          Member #131058
                          August 1, 2012
                          875 Posts
                          Offline
                          Posted: May 15, 2013, 8:51 pm - IP Logged

                          You can hold two jobs (palm tree watcher, kind of like those bird watchers, and margarita taster) to solve that problem. And get some educational 

                          allowance for a botany degree and wine tasting lessons.

                          Yeah, I can see people taking advantage and trying to find loopholes in any of the options. For example:

                          "also any college tuition or educational experience (say if you want to go to police academy or flight school or something like that) you need will also be paid for."

                          I would become a perpetual student in that case, taking classes year after year, just to avoid having a real 9 to 5 job and so I can party with college girls.

                          Also, he said you'd never go hungry but he never specified what the winner would have to eat. So does that mean the winner could order lobster and filet mignon every night if he wanted?

                          .

                            Avatar
                            Inland Empire
                            United States
                            Member #118116
                            October 22, 2011
                            322 Posts
                            Offline
                            Posted: May 15, 2013, 9:10 pm - IP Logged

                             I'd be happy to set up my own charity foundation if I win tonight or Friday night. 

                             I want to help fellow veterans and their children. I want support them by providing educational materials, baby goods, toys and whatnot. Then in the Phase II I will set up the scholarship program for Veterans in So Cal. (LA, OC, and San Bernadino Counties)

                             People say the fed confiscate the 25% tax. But I know how to make them cough them back to me. If I invest in large rental properties then I would use them for tax deduction. Then setting up the charity will add some more. I am not against the concept of tax itself. I just want to get the tax deductions within a legal boundary.

                             If I can afford to buy all the veteran's children in So Cal 32GB iPad I would be happy to do it, as long as it doesn't damage the principal prize. (which does and will)

                              whiteballz's avatar - Lottery-015.jpg
                              Nutley, New Jersey
                              United States
                              Member #131058
                              August 1, 2012
                              875 Posts
                              Offline
                              Posted: May 15, 2013, 9:36 pm - IP Logged

                               I'd be happy to set up my own charity foundation if I win tonight or Friday night. 

                               I want to help fellow veterans and their children. I want support them by providing educational materials, baby goods, toys and whatnot. Then in the Phase II I will set up the scholarship program for Veterans in So Cal. (LA, OC, and San Bernadino Counties)

                               People say the fed confiscate the 25% tax. But I know how to make them cough them back to me. If I invest in large rental properties then I would use them for tax deduction. Then setting up the charity will add some more. I am not against the concept of tax itself. I just want to get the tax deductions within a legal boundary.

                               If I can afford to buy all the veteran's children in So Cal 32GB iPad I would be happy to do it, as long as it doesn't damage the principal prize. (which does and will)

                              "People say the fed confiscate the 25% tax. But I know how to make them cough them back to me."

                              You need to be very careful about this. Giving money to a 501(c)(3) tax-exempt organization is a tax deduction not a tax credit. Which means you will not lower your tax liability dollar for dollar. If you end up winning the lottery in 2013, your marginal tax rate would be 39.6%. So for every $1 you give to a 501(c)(3) tax-exempt organization, you will lower your tax liability by only about 40 cents.

                              .