Powerball is now at 1.5 billion dollars

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Automatik's avatar

Automatik

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14,632 posts
Jan 7, 2016 1:09 PM
sleeper;1773851 wrote:$2 at 5% return(conservative), 40 years from now is worth ~$14. Now consider the cost it takes to get to the convenience store and the # of times you actually play the lottery and you can easily see why poor/stupid people play the lottery.
I pass numerous corner stores on my daily commute....on foot. Zero cost. I also play <5 a year.

Thanks for the breakdown though, that $14 could really come in handy when I'm 70!
Jan 7, 2016 1:09pm
Heretic's avatar

Heretic

Son of the Sun

18,820 posts
Jan 7, 2016 1:13 PM
Automatik;1773857 wrote:I pass numerous corner stores on my daily commute....on foot. Zero cost. I also play <5 a year.

Thanks for the breakdown though, that $14 could really come in handy when I'm 70!
Lol, yeah, I have a drive-thru and a gas station that I go directly past on my drive home from work. Wooo, I'd be really adding on the miles and wear on my car to get that ticket! I should just grab $2 and start an IRA with that money. I can already feel the pennies coming in!
Jan 7, 2016 1:13pm
Automatik's avatar

Automatik

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14,632 posts
Jan 7, 2016 1:14 PM
By the time you're 95...fucking LOADED! $$$

ENJOY!
Jan 7, 2016 1:14pm
sleeper's avatar

sleeper

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27,879 posts
Jan 7, 2016 1:17 PM
Automatik;1773859 wrote:By the time you're 95...fucking LOADED! $$$

ENJOY!
I would already consider myself "loaded".

Not nearly as much as I'd like, sure, but I'm also not delusional in thinking I'm going to make any remotely positive ROI by playing the freaking lottery. I'm more interested in optimally building wealth.
Jan 7, 2016 1:17pm
Automatik's avatar

Automatik

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14,632 posts
Jan 7, 2016 1:18 PM
Fortunately for myself, I don't think about the ROI on $2 either. We both win!
Jan 7, 2016 1:18pm
F

friendfromlowry

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6,239 posts
Jan 7, 2016 1:24 PM
ITT: sleeper mad
Jan 7, 2016 1:24pm
DeyDurkie5's avatar

DeyDurkie5

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11,324 posts
Jan 7, 2016 1:37 PM
It's 2$ a ticket. Who gives a shit.
Jan 7, 2016 1:37pm
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Jan 7, 2016 1:40 PM
Heretic;1773850 wrote:I was thinking about trying, but, man, now I'm scared that the loss of a couple dollars will magically make me less intelligent or, even worse, A POOR PERSON!!!!
Yeah... I went ahead and sold my ticket back. Fuck those guys.
Jan 7, 2016 1:40pm
Automatik's avatar

Automatik

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14,632 posts
Jan 7, 2016 1:42 PM
Good job.

Your 88 year old self will thank you when you find yourself short $14!
Jan 7, 2016 1:42pm
power i's avatar

power i

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1,296 posts
Jan 7, 2016 1:44 PM
I'm going to short my AEP bill 20 bucks to play. I hope they don't shut my electric off. But as soon as I win, I'll just buy AEP.
Jan 7, 2016 1:44pm
Heretic's avatar

Heretic

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Jan 7, 2016 1:51 PM
DeyDurkie5;1773865 wrote:It's 2$ a ticket. Who gives a shit.
A poor person.
Jan 7, 2016 1:51pm
B

BR1986FB

Senior Member

24,104 posts
Jan 7, 2016 2:00 PM
OSH;1773840 wrote:I'll buy. I have no issues in spending $10 on big money tickets like this a couple times a year.
And this is the only time I play. Only when it's a ridiculous amount. Buy a few tickets and sit back & dream. Not going to win anyway but fun to think about.
Jan 7, 2016 2:00pm
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Jan 7, 2016 2:01 PM
DeyDurkie5;1773865 wrote:It's 2$ a ticket. Who gives a shit.
*$2
Jan 7, 2016 2:01pm
sleeper's avatar

sleeper

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27,879 posts
Jan 7, 2016 2:02 PM
friendfromlowry;1773864 wrote:ITT: sleeper mad
Not mad. Just being the voice of reason in a sea of ignorance.
Jan 7, 2016 2:02pm
Heretic's avatar

Heretic

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18,820 posts
Jan 7, 2016 2:03 PM
sleeper;1773877 wrote:Not mad. Just being the voice of reason in a sea of ignorance.
/conalma'd
Jan 7, 2016 2:03pm
ZWICK 4 PREZ's avatar

ZWICK 4 PREZ

Senior Member

7,733 posts
Jan 7, 2016 2:15 PM
Heretic;1773878 wrote:/conalma'd
No Con Alma would say...

"Why would you think I'm mad? To be mad you would have to assume this would affect me personally, which it does not. I'm merely suggesting what I would consider to be reasonable for me. I would never assume what is reasonable for you. "
Jan 7, 2016 2:15pm
TBone14's avatar

TBone14

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6,383 posts
Jan 7, 2016 2:16 PM
BR1986FB;1773828 wrote:LOL, he's right as you usually see some toothless hilljack winning it. With that being said, I'll probably waste $10.

As far as office pools go, you pretty much have to throw some money in because you don't want to be the one left out when everyone comes in and quits.
This. I'd be more upset if the whole office won and I missed out than if I saved the $5 or $10 we chip off when the jackpots get huge.
Jan 7, 2016 2:16pm
SportsAndLady's avatar

SportsAndLady

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35,632 posts
Jan 7, 2016 2:22 PM
Lol sleeper it's $2. Fuck off man
Jan 7, 2016 2:22pm
sleeper's avatar

sleeper

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27,879 posts
Jan 7, 2016 2:26 PM
SportsAndLady;1773889 wrote:Lol sleeper it's $2. Fuck off man
Okay JJ Huddle. It's just $12!
Jan 7, 2016 2:26pm
SportsAndLady's avatar

SportsAndLady

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35,632 posts
Jan 7, 2016 2:27 PM
sleeper;1773893 wrote:Okay JJ Huddle. It's just $12!
JJhuddle= the lottery? Got it.
Jan 7, 2016 2:27pm
Heretic's avatar

Heretic

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18,820 posts
Jan 7, 2016 3:09 PM
sleeper;1773893 wrote:Okay JJ Huddle. It's just $12!
There's a bit of a difference between: (1) Waste $2 on a gambling deal where you have a .00000000000(infinitely more zeros)1% chance of winning more money than you'd know what to do with and (2) Waste $12 to chat on a dying message board where some dipshit is looking for a chance to ban anyone for anything because his undies are stuck too far up his overweight moron ass where you have no chance of winning anything unless they're still giving out free copies of that stupid magazine no one gave a fuck about.

The cheaper money-wasting action at least gives a dream of success; the more expensive one can't even provide that.
Jan 7, 2016 3:09pm
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Jan 7, 2016 3:10 PM
Heretic;1773907 wrote:There's a bit of a difference between: (1) Waste $2 on a gambling deal where you have a .00000000000(infinitely more zeros)1% chance of winning more money than you'd know what to do with and (2) Waste $12 to chat on a dying message board where some dipshit is looking for a chance to ban anyone for anything because his undies are stuck too far up his overweight moron ass where you have no chance of winning anything unless they're still giving out free copies of that stupid magazine no one gave a fuck about.

The cheaper money-wasting action at least gives a dream of success; the more expensive one can't even provide that.
But it's only $1 per month.
Jan 7, 2016 3:10pm
MontyBrunswick's avatar

MontyBrunswick

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846 posts
Jan 7, 2016 3:15 PM
Stunned that all of the millennials are buying tickets.... Not!
Jan 7, 2016 3:15pm
Automatik's avatar

Automatik

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14,632 posts
Jan 7, 2016 3:17 PM
MontyBrunswick;1773910 wrote:Stunned that all of the millennials are buying tickets.... Not!
But aren't you poor as fuck?
Jan 7, 2016 3:17pm
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MontyBrunswick

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846 posts
Jan 7, 2016 3:18 PM
Automatik;1773912 wrote:But aren't you poor as fuck?
wise investing and savings have made me very comfortable
Jan 7, 2016 3:18pm