Just Bought My 3 Tix For Wednesday's $400mm Powerball
- Thread starter RutgersRaRa
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Keep reporting back as you go from town to town.
2 bucks in the work pool. I'm not gonna be the only sucker left.
I will do another 2 on my own and prob buy a mega millions. I know the odds. But for a few bucks I get to dream.
I will do another 2 on my own and prob buy a mega millions. I know the odds. But for a few bucks I get to dream.
Former boss referred to the lottery as the Stupidity Tax. Later he referred to it as the Blue Collar 401K plan. Additionally, said you had a better chance drilling for oil in your NJ backyard.
Not really. 14 (1 in 14 chances for Rutgers to represent the B1G) to the 20th power is much worse odds than winning the powerball.
Yea just for you. Step off stiff.
If I hit I'll slap you around with some hundys
When I took my oil tank out of the yard two years ago it had a leak, and there was oil. Man, things are looking up for this ol' boy.
Also, ask your boss if he eats potato chips. If so, he should stop with trying to make himself look so smart--it's the same principle; spend a few bucks, get a little enjoyment with no return.
And I will be there to root you on as you accept your HUGE check. I'll be wearing my Diesel jeans, too, 'cause that's how I roll.
When the payout ($200 million per dollar bet) nears the odds of winning (1:292 million) who's the one paying the stupidity tax?
$10 today in Clifton for my crack at it.
If I win, RU Athletics will see a good donation.
I'd love to see them get a D-1 hockey team.
If I win, RU Athletics will see a good donation.
I'd love to see them get a D-1 hockey team.
All of these are true. The first dollar spent on the drawing is the only one that's possibly worthy it.
To be fair, there actually is a return on the enjoyment of eating potato chips.
Correct, just as there's a return on the enjoyment of playing the lottery. I mean, just look at all the fun we're having talking about it.
True.
I've never actually played the lottery. Got pretty close to playing a few years ago.
My girlfriend at the time, who played the lottery all the time, was buying herself tickets when the prize was pretty large and she insisted that I get one. I told her to go ahead and get me one and I gave her money for it.
But as we were walking out of the store, after she handed me my ticket, I made the mistake of saying I would definitely win since I've spent my whole life disparaging the playing of the lottery and had never played before whereas she and so many others have played their whole lives and never won. So irony would ensure that I would win.
She thought about it for a minute, then grabbed my ticket right out of my hand and kept them all. Didn't return the money I gave her for it either.
I'm sure there's a lesson in there somewhere, but I'm damned if I can figure it out. [laughing]
Normally I'd say your point is well taken. But in my case, I put a lot of time and effort into my douche-baggery and I'd like to think that what comes out is intentional more than reflexive. I'd be wrong. But I'd like to think it.
One thing I've learned over the years is that that proverb makes no distinction between intentional speaking, reflexive speaking, yammering-on speaking, Nova-threw-his-4th-pick speaking, or high-brow philosophical discourse. I could be wrong (this is true anytime I speak), but the guy who wrote that proverb was probably speaking in the context of conversation with women. When it comes right down to it, the better part of the "strong and silent type" is silent.
So I've learned.
Well then I better be silent because the only thing strong about me nowadays is the odor. No time to shower when busily planning my next act of douche-baggery.
It is worse than that, as the Rose is a semifinal bowl every third year now. So we would have to be a playoff team in those years to appear in the Rose 20 straight times.
I told my son I would not even know what to do with that much money. I don't know what the cash payout is if you took it all now, but let's assume it's $250 million. Take away half for taxes and you are at $125 million. Donate $50 million to my church and charities I support like Food for the Poor, and I am still at $75 million. Donate $25 million to Rutgers towards a new RAC or whatever Hobbs says he needs most and I am still at $50 million. What do I do with that much extra cash? Cue the guy who always posts about hookers and blow, but $50 million worth???
$50 million is not really that much money. Particularly if still young and planning to not work. I'd recommend investing most of it, work full time managing those investments, and live off the interest/earnings while never touching the principal.
And what kind of douchebag would always post about hookers and blow? I hate people like that.
$50 million, not fabulously wealthy. Got it.
$400,000/year puts you in the top 1% (and that's pre-tax). Google tells me the top 0.1% is 160,000 families, worth an average of $73 million. So winning this jackpot immediately gets you somewhere short of double that, post-tax.
That's fabulously wealthy enough for me.
$400,000/year puts you in the top 1% (and that's pre-tax). Google tells me the top 0.1% is 160,000 families, worth an average of $73 million. So winning this jackpot immediately gets you somewhere short of double that, post-tax.
That's fabulously wealthy enough for me.
I know nothing about the lottery, having never played and I never will. I don't believe in it as a concept, as it's a regressive tax, plus I like to "earn" my money, not having it fall into my lap through serendipity (unlike poker where one has to "beat" others to win), plus studies have shown lottery winners to not be appreciably happier than anyone else, after the euphoria wears off.
Having said that, though, apart from one in 292 MM and 2 in 292 MM both being vanishingly small probabilities of winning, why the head exploding part if someone notes that 2 in 292 MM is better odds? Also, how many possible outcomes are there in this Powerball lottery (is it some number of balls with x-digits on them that pop out of a machine?) and how many entries are there and how many entries are typically duplicates (I'm assuming duplicates are allowed, but maybe not).
First off ru 89, it's all in fun. My head is glued on pretty good, so I doubt it's coming off any time soon.
Having said that, I was well aware someone was going to say 2 tickets give you better odds than one.
I know there are some statisticians and math wizzes on this board, so have at it, at 292 million to one, does buying 2 tickets really give you better odds?
Having said that, I was well aware someone was going to say 2 tickets give you better odds than one.
I know there are some statisticians and math wizzes on this board, so have at it, at 292 million to one, does buying 2 tickets really give you better odds?
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