BigWeather
Member
Wife and I got 10 plays. I consider it a $20 injection into our education budget, but still fun nonetheless.
It's all random. 1 2 3 4 5 6 has the exact same odds of winning as 7 12 19 34 55 8.So is quickpick bullshit and monitored? Or do ppl win big using QP? I don't play lotto and it's a hassle to pick random numbers lol
I'm in my 30s and would def take the annuity payments. Lump sum payouts just seem like a good way to end up broke again.
drawing is tonight. the last time it was this 1.3 billion jackpot back in january 2016
http://www.neogaf.com/forum/showthread.php?t=1168626
70-80% of all PowerBall wins have been via quick pick.So is quickpick bullshit and monitored? Or do ppl win big using QP? I don't play lotto and it's a hassle to pick random numbers lol
Bought $15 worth. First time ever doing so.
How do you buy $15 worth? Aren't tickets $2?
Nah man, just give the money to a smart finance person and ask them what allowance they could give you yearly w/out touching your base money.
Once you have the lump sum of $300+million youll make a ton more money over time through investments than you would if you just took the annuity payment. Thats how the rich get richer, making money off of their money.
This isn't good advice. Literally everyone will be preying on you. You do not want to trust anyone with your money, only yourself.
What are power play draws? Just a way to milk more money out of people?
Power Play® is a special add-on feature that allows a winner to increase the original prize amounts (except the jackpopt). The Power Play option costs $1 and must be selected when you buy your Powerball ticket. Powerball players with the Power Play option winning any prize other than the jackpot will win a larger cash prize. The Match 5+0 prize with Power Play option grows to $2,000,000 paid in a cash lump sum (no annuity option is offered). All other lower prizes (below Match 5) will be multiplied by a number that we draw (2X, 3X, 4X, or 5X). In October 2015, a 10X multiplier was added to the mix with a chance to be drawn for all jackpots at $150 million or less. As with any lottery prize, if an extremely popular number is drawn and there is not enough money in the prize pools or reserves to cover it, we may need to reduce the prize.
This isn't good advice. Literally everyone will be preying on you. You do not want to trust anyone with your money, only yourself.
This isn't good advice. Literally everyone will be preying on you. You do not want to trust anyone with your money, only yourself.
This isn't good advice. Literally everyone will be preying on you. You do not want to trust anyone with your money, only yourself.
I mean if you don't want anyone to touch the money that's all fine and dandy but you'll probably want at least a financial advisor to help you figure out how to properly save and/or invest that money. Just sitting on a lump sum like that is a bit of a waste.
Depends how you look at it. If I had $400 million I don't think I'd even care about getring richer. That's enough money I would never have to worry about a thing ever again
Nah man, just give the money to a smart finance person and ask them what allowance they could give you yearly w/out touching your base money.
Once you have the lump sum of $300+million youll make a ton more money over time through investments than you would if you just took the annuity payment. Thats how the rich get richer, making money off of their money.
Probably could be directed to causes you want to advance though.If I'm rich enough I don't have to work if I don't want to and every possible eventuality is taken care of, I don't see the point in getting richer. It's not going to make me any happier.
I'm going to win, so here is my plan:
Set up my immediately family with their own real estate and education needs.
Put half in a stable, if slow return, investment vehicle to generate steady income. Never to be touched. Set up a will so if/when I kick the bucket, it goes to a trust fund for someone I care about.
Purchase houses in a couple of places around the world. Nothing extravagant, just a home base I can use when traveling and rent out when vacant.
Buy and restore a Toyota FJ40
Buy and restore older cars I like.
Travel and help causes related to civil liberties and scientific advancement.
Finally have time to play Witcher 3.
I live in one of the few states where you can claim the prize anonymously, Maryland.
Got a few tickets. I'd tell GAF if I won and that's it.
I'm going to win, so here is my plan:
Set up my immediately family with their own real estate and education needs.
Put half in a stable, if slow return, investment vehicle to generate steady income. Never to be touched. Set up a will so if/when I kick the bucket, it goes to a trust fund for someone I care about.
Purchase houses in a couple of places around the world. Nothing extravagant, just a home base I can use when traveling and rent out when vacant.
Buy and restore a Toyota FJ40
Buy and restore older cars I like.
Travel and help causes related to civil liberties and scientific advancement.
Finally have time to play Witcher 3.
I don't plan on buying anyone a house.
I plan to do it like my one rich friends dad did when growing up. He basically bought a huge tract of land and developed into a subdivision. In the best spot he made a little cul-de-sac where he had built his parents and his brother a house next to his. I'm not sure of the exact financials of their setup but I like this idea. They set aside some of the land for farming, they could basically be self sufficient if shit really hit the fan.
Basically I would have a huge amount of land and build a few houses on it and let family live there but retain ownership. That way no one gets fucked owing crazy property tax and keeps coming back for more.
Lottery winners are a subset of lottery players, who are statistically bad at money management.Statistically it seems like lottery winners' lives are frequently wrecked. More than half of them end up going bankrupt even when they win huge sums of money.
What's quick pick? Never played the lotto before, might as well tonight.70-80% of all PowerBall wins have been via quick pick.
What's quick pick? Never played the lotto before, might as well tonight.
Yeah, I probably play more often than is wise but even then it's one shots on the state lottery when it's big enough, and these when they're getting north of 300 million and are practically events at this point. And hell, I got about $45 once, that's something.
EDIT: Ok, how many of you are even serious about hooker shenanigans? That just sounds like one of those rich asshole stereotypes, but does anyone here, or at least many of you, actually want to live out that stereotype?
$250M after taxes is an obscene amount of money. Assuming 1% interest (which you should be able to get with ease), you'd have $2.5M a year (some would be taxed) in spending money without ever touching principal. Insane.
70-80% of all PowerBall wins have been via quick pick.
hey why not? bought a few tickets. I'm not even worried about the people saying that winning the lottery destroys your life and you will lose all of your friends.
Can't lose all my friends if I don't have any.
hey why not? bought a few tickets. I'm not even worried about the people saying that winning the lottery destroys your life and you will lose all of your friends.
Can't lose all my friends if I don't have any.
What's the best way of increasing your odds of winning, choosing your own numbers or a randomly generated one?
What's the best way of increasing your odds of winning, choosing your own numbers or a randomly generated one?
Anybody have that post that was shared last time that gave a breakdown of what to do if you win?
Feeling optimistic so need the solid internet advice!
GK86 said:Congrats, you won! Now what? Here is what you should do:
- Put all the money into a bank account.
- Give that bank account to GK86.
- Go back to enjoying your life.