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Lottery - do you play it? - Page 5

post #61 of 70
3/13/10 at 7:09pm
Quote:
Originally Posted by MetroStyles View Post
Man, that's nuts. I'm the opposite. I'd invest it all in fixed-income, give myself a $200,000 year allowance, and just enjoy the peace of mind that comes with complete financial security.

Then, I'd find a job that I love and that is truly meaningful to me and I'd pursue it with a passion. It would be fantastic to do what I really want to do professionally without a concern over making enough money for retirement, keeping up with the Joneses, providing for a family and education, etc.

I understand how some people might squander it on riches and go crazy, but the financial security of it would be fantastic. Just imagine...choosing a profession that you really love and working hours that suit you.*

*Predicted response: "Why don't you just do that now without winning the lottery? Money doesn't buy happiness." Because I want financial security, to live comfortably and to provide fully for a future family.

Damn straight. I'd become David Attenborough II and just travel and look at birds and stuff. Awesome.
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post #62 of 70
3/14/10 at 12:01am
Poor tax. :/
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post #63 of 70
3/14/10 at 9:23am
Quote:
Originally Posted by MetroStyles View Post
Man, that's nuts. I'm the opposite. I'd invest it all in fixed-income, give myself a $200,000 year allowance, and just enjoy the peace of mind that comes with complete financial security.

Then, I'd find a job that I love and that is truly meaningful to me and I'd pursue it with a passion. It would be fantastic to do what I really want to do professionally without a concern over making enough money for retirement, keeping up with the Joneses, providing for a family and education, etc.

I understand how some people might squander it on riches and go crazy, but the financial security of it would be fantastic. Just imagine...choosing a profession that you really love and working hours that suit you.*

*Predicted response: "Why don't you just do that now without winning the lottery? Money doesn't buy happiness." Because I want financial security, to live comfortably and to provide fully for a future family.
You think most of the lottery winners didn't tell themselves the exact same thing before they won?
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post #64 of 70
3/14/10 at 12:34pm
Would would I? The chances here in Norway of winning the jackpot is ~1:5,3 million and for every dollar you spend, in average you get 50 cent back. It makes no financial sense at all.
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post #65 of 70
3/15/10 at 6:23pm
I only play when the money is huge.
So maybe once a year.
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post #66 of 70
3/15/10 at 6:38pm
I'd find a way to be a complete bastard to my useless uncles who took my grandmother for all she was worth and did nothing as she was hit with Alzheimers.

Would have trouble the best route - picking one grandchild of each (they're different branches of fundamentalist, so there are many to choose from) to endow with a $200k college fund that can't be touched by the rest of the family?
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post #67 of 70
3/16/10 at 12:05am
I hate it when people take forever to pick their numbers! Its all completely random... I never got the point in that. I rarely buy tickets. I find that buying lottery tickets once in a while is better than gambling in a casino, since I will not lose anywhere near as much.
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post #68 of 70
3/16/10 at 7:58am
I only play when the office gets a pool together. You don't want to be the one guy in the office who didn't buy that ticket!
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post #69 of 70
3/16/10 at 7:59am
The only strategy to picking numbers is to never pick a number below 32. The reason is that there are a lot of poeple who use birthdays. If you do win, you are less likely to split the winnings if all your numbers are above 31.
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post #70 of 70
3/16/10 at 9:39am
I've stood behind people at the convenience store who've purchased $200 to $300 worth of lottery tickets at one go

In Japan, the lottery winnings are apparently tax-free and unlike the US and UK, the names of the winners are kept anonymous. However, the largest jackpot seems to be only around $6 million USD.
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