Did you buy a 1 billion dollar lottery ticket?

Did you buy a ticket?

  • Total voters
    62
I bought 5 tickets from a machine at Publix.

Yeah, I've also done work pools and you're lucky to get a few numbers, even if you have a bunch of tickets.

What's interesting, is in most cases, after 3 generations, the money is gone. You have no control how your future generations spend it, even if you have a trust. You can tell your kids, and grand kids what to do, but after that, gone. You can give it to a cause, who will spend it on "research" while the president buys 5 vacation houses.
 
I've never purchased a lotto ticket; even a scratcher. It's on my to do list. I always forget when I'm at the store because I'm very in and out while shopping.
 
I would love to try to spend that much money.

I think after about 6 months you would run out of ideas and get bored

that's when the sexual deviancy stuff kicks in
 
I don't buy lotto tickets. It makes me sad face when I see people lining up to buy scratch offs. That's poor people retirement plan.
 
I can understand why some people would rely on lottery tickets..


Woman kills herself, two children after husband fakes his death

The 34-year-old man in China, who was identified by the surname He, was presumed dead after his vehicle was discovered in a river on Sept. 19, the BBC reported. The man’s body was not recovered.
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He had purchased the insurance plan worth $110,000 in September, but his wife was unaware of the purchase, police said. He allegedly had $14,435 worth of loans at the time of his “death.” In a video posted online, He said he borrowed the money for his daughter’s treatment for epilepsy.
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But he made a major misstep: He never told his wife about the plot.

So the 31-year-old woman, who believed she was a widow, grabbed her two children, ages 3 and 4, and jumped into a pond after posting a suicide note online. The message said she was “coming to accompany” her husband in the afterlife, the BBC reported. The three bodies were found in a pond near their residence on Oct. 11.
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The husband turned himself into Xinhua police Friday and was “detained on charges of insurance fraud and intentional damage to property,” police said in a statement.
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I dont understand why more people buy tickets when its 900 million vs when it is 100 million. Either way you are set for life easily.
 
Buying tickets any other time is a waste of money imo.. for these rare humongous pots I don't mind throwing a few bucks away.

It's all manipulated to drive the pots up this high anyway, so your best chance is now.
 
The money collected for the next drawing?
What is done with it until it is paid out?

Is it invested, put in escrow?

Does the Gaming Entity release the funds when investing = payout.

What happens to the Tax version of the money paid out?
 
hastie said:
I dont understand why more people buy tickets when its 900 million vs when it is 100 million. Either way you are set for life easily.
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Because you're not going to win. Most rational people know this, and don't play frequently. The prize only gets that large once or twice a year, and they'll say "oh well, it's only $2. Why not?" It's $100M a lot more frequently, but most people don't want to play the lottery every 2 days because it's a waste of money.
 
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