Mega Millions - $355,000,000 for Tuesday, Jan. 4 drawing

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Bigred1995's avatar

Bigred1995

Ohio Chatter - CFO

1,042 posts
Dec 29, 2010 4:11 PM
FatHobbit;617160 wrote:Do you need to spend a dollar to imagine how you would spend money you have a very slim chance of winning? I can do that for free.

You can do that for free, but you also have 0% at winning. When you at least play $1, the chances are still very low, but they're considerably better than 0%!
Dec 29, 2010 4:11pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 29, 2010 4:13 PM
No I don't. But I tend to do it after I purchase a ticket and not any other time.

Also, as of today I'm still positive on my total lottery winnings to money spent on tickets ratio. So maybe my opinion will change when that changes.
Dec 29, 2010 4:13pm
Q

queencitybuckeye

Senior Member

7,117 posts
Dec 29, 2010 4:15 PM
I Wear Pants;617158 wrote:Mathmatically challenged sure. But unless you believe that no one actually wins and it's a conspiracy then you simply have to figure out how frequently you buy a ticket and whether you'd be better off doing something else with those funds.

For me I figure at my current rate I might buy 1,000 tickets in my lifetime. A thousand dollars is a lot but not when you stretch it over a 30-60 year period. Then you have to factor in that yes, like the commercials say, I usually do have at least a small amount of fun when I play the lottery if only because I enjoy thinking of how I'd spend that cash and how much it could make my life and the lives of those around me if not better but a lot easier.
I'll agree to a point, throwing a buck at it here and there is OK. Where jmog's point becomes extremely valid is for those people who play $20 or more each week, and live hand to mouth. $20 per week at historical rates of return in the marketplace yields (conservatively) a nest egg of a quarter million dollars over a working lifetime. Many of the same people will be more than willing to tell you that "the working man can't get ahead". They really should STFU.
Dec 29, 2010 4:15pm
darbypitcher22's avatar

darbypitcher22

Senior Member

8,000 posts
Dec 29, 2010 4:22 PM
wow I should go out an buy some tickets
Dec 29, 2010 4:22pm
FatHobbit's avatar

FatHobbit

Senior Member

8,651 posts
Dec 29, 2010 4:23 PM
Bigred1995;617166 wrote:You can do that for free, but you also have 0% at winning. When you at least play $1, the chances are still very low, but they're considerably better than 0%!

We disagree on the definition of considerably better. :)
Dec 29, 2010 4:23pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 29, 2010 4:31 PM
queencitybuckeye;617169 wrote:I'll agree to a point, throwing a buck at it here and there is OK. Where jmog's point becomes extremely valid is for those people who play $20 or more each week, and live hand to mouth. $20 per week at historical rates of return in the marketplace yields (conservatively) a nest egg of a quarter million dollars over a working lifetime. Many of the same people will be more than willing to tell you that "the working man can't get ahead". They really should STFU.

Oh absolutely. I mean $20 a week is $1040 a year or 2.6% of someone's income if they make $40,000 a year. That's a significant percentage.
Dec 29, 2010 4:31pm
E

El Jefe Grande

Some Guy

425 posts
Dec 29, 2010 10:51 PM
I'm driving to California or Arizona to buy a ticket.
Dec 29, 2010 10:51pm
Trueblue23's avatar

Trueblue23

BASEDgod

7,463 posts
Dec 29, 2010 10:56 PM
I threw in $5 today. Low risk/high reward.
Dec 29, 2010 10:56pm
Tobias Fünke's avatar

Tobias Fünke

formerly "sjmvsfscs08"

2,387 posts
Dec 29, 2010 11:43 PM
If---errr, when I win, I'll donate $12 to this place.
Dec 29, 2010 11:43pm
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Dec 29, 2010 11:47 PM
Tobias Fünke;617679 wrote:If---errr, when I win, I'll donate $12,000,000 to this place.

Fixed.
Dec 29, 2010 11:47pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 29, 2010 11:49 PM
If I win this place is going ad free for a while.
Dec 29, 2010 11:49pm
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Dec 29, 2010 11:59 PM
I Wear Pants;617687 wrote:If I win this place is going ad free for a while.

Perhaps. Or perhaps I double the ads and count my money from within my castle.
Dec 29, 2010 11:59pm
I

I Wear Pants

Senior Member

16,223 posts
Dec 30, 2010 12:01 AM
Do it pussy.

But I was simply implying that if I won 200 some million dollars I'd be willing to pick up the bandwidth tab for the site.
Dec 30, 2010 12:01am
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Dec 30, 2010 12:03 AM
I Wear Pants;617710 wrote:Do it pussy.

But I was simply implying that if I won 200 some million dollars I'd be willing to pick up the bandwidth tab for the site.

Haha, I know what you were implying. I was implying that I would take your "donation", keep the ads anyway and laugh all the way to the bank.
Dec 30, 2010 12:03am
I

I Wear Pants

Senior Member

16,223 posts
Dec 30, 2010 12:09 AM
I'll double my donation if you promise to do that is what I'm saying. But you have to start charging $12 after that.
Dec 30, 2010 12:09am
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Dec 30, 2010 12:21 AM
Done. I'll start charging $12 now.
Dec 30, 2010 12:21am
Tobias Fünke's avatar

Tobias Fünke

formerly "sjmvsfscs08"

2,387 posts
Dec 30, 2010 1:36 AM
justincredible;617734 wrote:I'll start charging $12 now.

Well, I'm out.

Hey everyone! Go to my new site, freeohiochatter.com!
Dec 30, 2010 1:36am
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Dec 30, 2010 1:55 AM
Tobias Fünke;617792 wrote:Well, I'm out.

Hey everyone! Go to my new site, freeohiochatter.com!

Dec 30, 2010 1:55am
Tobias Fünke's avatar

Tobias Fünke

formerly "sjmvsfscs08"

2,387 posts
Dec 30, 2010 2:04 AM
Good thing I just won $237,000,000 and can pay the necessary lawyers.
Dec 30, 2010 2:04am
Classyposter58's avatar

Classyposter58

Senior Member

6,321 posts
Dec 30, 2010 2:12 AM
I'd take the money and make a new high school sports association that puts all private schools in the Top 2 divisions in each sport and allows recruiting. Lol no more arguments on here about how Open Enrollment schools steal athletes like Private schools...now they all can!
Dec 30, 2010 2:12am
G

gut

Senior Member

15,058 posts
Dec 30, 2010 5:40 AM
I'd start a website that matches horny teachers with willing students....:)
Dec 30, 2010 5:40am
Red Saul's avatar

Red Saul

Senior Member

157 posts
Dec 30, 2010 6:30 AM
I will probably end up playing 5 dollars worth.
Dec 30, 2010 6:30am
FatHobbit's avatar

FatHobbit

Senior Member

8,651 posts
Dec 30, 2010 9:06 AM
Red Saul;617852 wrote:I will probably end up playing 5 dollars worth.

that's really all the argument I need that playing the lotto is dumb.
Dec 30, 2010 9:06am
Thunder70's avatar

Thunder70

Senior Member

748 posts
Dec 30, 2010 10:12 AM
I usually play a $1 + the kicker when it gets over $100mil. If I win, great...if not, oh well...
Dec 30, 2010 10:12am
Thread Bomber's avatar

Thread Bomber

Message Board Terrorist

1,851 posts
Dec 30, 2010 10:24 AM




Wait for it.....








Wait for it.....





Dec 30, 2010 10:24am