do you play lotto?

Discussion in 'Community Discussion' started by PACMAC, Feb 25, 2008.

  1. PACMAC macrumors regular

    PACMAC

    Joined:
    Feb 24, 2008
    #1
    yeah so last week mega millions was worth 270$ million dollars and one lucky guy spent a 2$ ticket that was worth 270$ million...lucky..:eek::eek:

    what will you do with that $$$?

    do you guys play lotty and how much do you spend?
     
  2. hotsauce macrumors 6502a

    Joined:
    Sep 7, 2005
    #2
    Wirelessly posted (Apple Communication Device: Mozilla/5.0 (iPhone; U; CPU like Mac OS X; en) AppleWebKit/420.1 (KHTML, like Gecko) Version/3.0 Mobile/4A93 Safari/419.3)

    No. Lotto is a tax on the mathematically challenged.
     
  3. Mammoth macrumors 6502a

    Mammoth

    Joined:
    Nov 29, 2005
    Location:
    Canada
    #3
    Well was the money taxed? In Canada there is no tax and there's way less people so the big jackpots are about $30m.

    ..And no I don't play, I'm too young. :p
     
  4. Bobdude161 macrumors 65816

    Bobdude161

    Joined:
    Mar 12, 2006
    Location:
    N'Albany, Indiana
    #4
    don't play the lottery and at times when the pot is big, I think about buying a ticket for the helluvit, but I forget.

    I HATE it though when I'm in a gas station to buy a bag of chips and there's some dumb lady that's buying a six pack of beer, asking for 6 types of cigarettes for her whole family and then ON TOP OF THAT, buying ten lotto tickets.

    It's happened to me many times and I just want to kill them! :mad:
     
  5. CalBoy macrumors 604

    CalBoy

    Joined:
    May 21, 2007
    #5
    :p

    I don't buy lotto tickets because I know I'm not going to win (I'll wait to be struck by lightning ten times first ;)).

    I'm happier keeping my dollar. :p :)
     
  6. yg17 macrumors G5

    yg17

    Joined:
    Aug 1, 2004
    Location:
    St. Louis, MO
    #6
    I've entered myself into pools at work a few times, but that's about it.

    I should play every now and then. You've got a better chance at winning if you play than if you don't
     
  7. swiftaw macrumors 603

    swiftaw

    Joined:
    Jan 31, 2005
    Location:
    Omaha, NE, USA
    #7
    Yes, US lottery winnings are subject to income tax.

    Also, the jackpot stated is not actually what you win. The guy doesn't actually win $270 million. He wins a 26 year (in the case of lotto) annuity who's accumulated value is $270 million. If he chooses a lump-sum payment he gets lots less, something like $140 million.
     
  8. erickkoch macrumors 6502a

    Joined:
    Jan 13, 2003
    Location:
    Kalifornia
    #8
    Only when there's a pool at work. It's not that I actually think I'm going to win, I just don't want to be left out if we do.
     
  9. yg17 macrumors G5

    yg17

    Joined:
    Aug 1, 2004
    Location:
    St. Louis, MO
    #9

    What a shame....winning only $140 million instead of the original $270 million ;)


    If it were me, I'd take the lump sum....am I really going to miss $130 million when I still have another $140 million to play with? :D
     
  10. Bobdude161 macrumors 65816

    Bobdude161

    Joined:
    Mar 12, 2006
    Location:
    N'Albany, Indiana
    #10
    I think ill go with ten million every year for 26 years, instead. That's just me. :eek: wahtever you don't need give to charity. The government isn't going to do any better with $140 million than you are.
     
  11. swiftaw macrumors 603

    swiftaw

    Joined:
    Jan 31, 2005
    Location:
    Omaha, NE, USA
    #11
    Well, figure the government will take half of that, so you're now down to $70 million.
     
  12. yg17 macrumors G5

    yg17

    Joined:
    Aug 1, 2004
    Location:
    St. Louis, MO
    #12
    True, true.


    Still more than enough to last me for the rest of my life and then some ;)
     
  13. Rodimus Prime macrumors G4

    Rodimus Prime

    Joined:
    Oct 9, 2006
    #13
    3 mil is more than most people will earn in a life time.
     
  14. Markleshark macrumors 603

    Markleshark

    Joined:
    Aug 15, 2006
    Location:
    Carlisle, Up Norf!
    #14
    Sometimes. When the Euro Millions gets upto £96 Million ($100 Trillion Million Billion :p) then I can't help but splash a fiver.
     
  15. Mr.Noisy macrumors 65816

    Mr.Noisy

    Joined:
    May 5, 2007
    Location:
    UK™
    #15
    That makes it worth a go , even 5 numbers + 1 bonus number would keep you smiling with a share of £96 million :D , wasn't it split between 16 winners or something that didn't match all numbers, the lucky swines :eek:

    would £96 million keep you happy or ruin your life, i'd prob be dead inside a month.
     
  16. Abstract macrumors Penryn

    Abstract

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    Location Location Location
  17. iBlue macrumors Core

    iBlue

    Joined:
    Mar 17, 2005
    Location:
    London, England
    #17
    No, because my odds don't usually come in the form of GOOD luck. I just end up with incredibly rare medical conditions and hear a lot of "wow, I've never heard of that happening to anyone before."

    <le sigh>
     
  18. Apemanblues macrumors regular

    Apemanblues

    Joined:
    Jan 30, 2007
    Location:
    Zombieland
    #18
    Once in a blue moon, and only ever a £1.

    I am definitely mathematically challenged and often prone to wishful thinking.
     
  19. methodmano macrumors member

    Joined:
    Aug 1, 2004
    #19
    No, I understand statistics and like my money.
     
  20. TEG macrumors 604

    TEG

    Joined:
    Jan 21, 2002
    Location:
    Langley, Washington
    #20

    I only purchase when it is over $100 million, an then, only if I have a few extra bucks. I thankfully have 4 lotteries to deal with, the Washington State Lotto, Mega Millions, The Oregon State Lottery, and Powerball.

    TEG
     
  21. PYR0M310N macrumors 6502a

    PYR0M310N

    Joined:
    Aug 29, 2006
    #21
    Too young, but i wouldn't even if i was old enough
     
  22. PowerFullMac macrumors 601

    PowerFullMac

    Joined:
    Oct 16, 2006
    #22
    Yeah I play, never won more than £10 though!

    If I won it I would buy 100 top spec Mac Pros, connect them all together and make a huge super computer :D
     
  23. PlaceofDis macrumors Core

    Joined:
    Jan 6, 2004
    #23
    i don't, because i don't see much point personally.

    perhaps i should just give it a random go here and there though for the heck of it.
     
  24. adk macrumors 68000

    adk

    Joined:
    Nov 11, 2005
    Location:
    Stuck in the middle with you
    #24
    I buy a powerball ticket sometimes when the jackpot is over $200 million or so. I know I'm not going to win, but it's worth $1 to me to sit and daydream for a few days about what I'm going to do with all that money!
     
  25. iMacZealot macrumors 68020

    Joined:
    Mar 11, 2005
    #25
    Hmmm.... "give us your money, and we might give you some back."

    No thanks. :)
     

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