170 Million Dollars - Thats a lotta F'n Money [Archive]

Soul_Patch

10-13-2009, 04:00 PM

I just dont get how winning that much money could ruin anyone's (with 1/4 a brain) life. Sickens me to see these dumbasses that win and destroy themselves. I mean...take 35% off for taxes, invest 50% of it, and go crazy with the rest...you would never have to even crack the egg...just live of simple interest, and still have enough to set up quite a few people and go apeshit with spending.

Soul_Patch

10-13-2009, 04:04 PM

What if I post multiple times? Plus do the first two get an extra grand?

Greedy bastard!

atxrocker

10-13-2009, 04:04 PM

celebrities squander hundreds of millions, simpletons can easily find a way to blow a few mil.

I. Hustle

10-13-2009, 04:06 PM

Greedy bastard!

Just askin'

2nd post

Soul_Patch

10-13-2009, 04:08 PM

Oh believe me....id squander...probably a good 10 million...nice 40 to 50 foot sport fisher, beach house (maybe more than one), at least 3 cars, lots of traveling...

Even if you just invested 25 million of it, and made 3% on it a year, that is almost 800k income the first year...and just grows from there...Dont kill my math, since im terrible at it....but thats a good chunk of money, without even touching the original 25m...and not counting the other 75m in cash you have...lol...

I. Hustle

10-13-2009, 04:10 PM

I would buy a flying car that made milkshakes and drove itself and had a blowjob machine.

3rd post

IronMexican

10-13-2009, 04:10 PM

Wooo

IronMexican

10-13-2009, 04:12 PM

Soul_Patch

10-13-2009, 04:15 PM

The key to not blowing it all fast is, once you go downhill on drugs, make sure it's a cheap one. If you're going for coke, of course your going to go broke eventually. If you settle for meth, then you'll have enough for the kids.

haha...just invest in an estate in Columbia and produce your own shit, while making money in the process...

spurs_fan_in_exile

10-13-2009, 04:17 PM

Got the winning ticket sitting in my car right now. I figure I'll throw some money to Kori and LJ as a token of my gratitude for this place. The rest will be spent on the most ridiculous shit I can find. I will then proceed to post pictures of my purchases until B2B smashes his keyboard.

thispego

10-13-2009, 04:21 PM

cant win if you dont play

I. Hustle

10-13-2009, 04:34 PM

http://lh5.ggpht.com/vincent.vanwylick/SKPUIH6tXjI/AAAAAAAAAtk/hVMhzsl78XQ/lottery.jpg

4th post

mrsmaalox

10-13-2009, 04:55 PM

Is it today??

sonic21

10-13-2009, 05:00 PM

Trainwreck2100

10-13-2009, 05:51 PM

i grabbed a couple myself. don't think there has been a grand winner from Texas yet, maybe i'll be the first.

there was a split pot one sold @ a houston liquor store last year

MiamiHeat

10-13-2009, 06:47 PM

hihi

Kermit

10-13-2009, 06:51 PM

i'm in. let's win this thing.

DisgruntledLionFan#54,927

10-13-2009, 06:56 PM

Is TX part of the Mega?

Gold Balls.

mouse

10-13-2009, 06:58 PM

Everyone pick a number

6

IronMexican

10-13-2009, 06:59 PM

So what is everyone gonna buy with their 500?

Rip-Hamilton32

10-13-2009, 07:50 PM

I'm in.

ManuTP9

10-13-2009, 07:54 PM

Nice dude!

benefactor

10-13-2009, 07:57 PM

symple19

10-13-2009, 08:25 PM

Hope you win there sizzle chest

I. Hustle

10-13-2009, 08:26 PM

32

5th post

Strike

10-13-2009, 08:34 PM

I always get a kick out of the people who win an assload of money and say "nah I'm not gonna retire. I'm just gon' keep on workin'". Shit! If I won, I couldn't quit my job fast enough!!! I wouldn't even quit. I'd just stop showing up!

CosmicCowboy

10-13-2009, 08:43 PM

Just in case I don't win it and you do heres my $500 post.

lil_penny

10-13-2009, 08:48 PM

Hello

TDMVPDPOY

10-13-2009, 09:35 PM

i see US$500

can u hold onto it when the aus currency drops against the US dollar and cash it in to me...atm nearly 1:1 is not a good deal for me....

exstatic

10-13-2009, 09:57 PM

It was over 300 million not long ago. The state lotto is up to 70 million...a pretty surprising number seeings how it only increases a couple of million with each drawing.

I'll take "Lucky Lotto" for $500, Alex.
No one has hit the TX lottery since early May. Put it this way: Mega has climbed over $300M, popped, climbed a couple of notches, popped, and now climbed up to $170M in the time that TX lottery took to climb agonizingly slowly to $70M.

Another note: apparently, Powerball and Mega have reached an agreement where they will allow states to sell both brands, and TX law allows this, so some time early next year, we should be one of the first states to have both. There is some concern that the nights are the same as the TX lotto, but heck, they've moved games before. What I think might happen is they move TX lotto to MON/THU and run it concurrently with TX Two Step, and give the WED/SAT drawings to Powerball.

Pistons < Spurs

10-13-2009, 10:08 PM

I'll take $500!

Pistons < Spurs

10-13-2009, 10:08 PM

If you don't win, do we at least get $250?

Mavs_man_41

10-13-2009, 10:54 PM

lol in

chode_regulator

10-13-2009, 11:16 PM

So what is everyone gonna buy with their 500?

ps3 and a couple games

as a famous coach once said.....EEEAASSSSYYYY MMMMOOOONNNNEEEYYYY

IronMexican

10-13-2009, 11:24 PM

ps3 and a couple games

as a famous coach once said.....EEEAASSSSYYYY MMMMOOOONNNNEEEYYYY

You'd be making the biggest mistake of you're life. Thunder Dan did the same thing and had to play Madden with Steven instead of playing with the likes of me, JT, dirk, ATRAIN and beenieweenie69.

MaNuMaNiAc

10-13-2009, 11:29 PM

Posting in this thread is about all I'm willing to bet on a lottery :lol

Seriously though, good luck

Vinnie_Johnson

10-13-2009, 11:30 PM

500.00 bucks we will never here from him again.

PuttPutt

10-13-2009, 11:36 PM

I appreciate your donation

Frenzy

10-13-2009, 11:41 PM

some dude won like 3 mil in some state and donated it all...........all.

pawe

10-14-2009, 12:12 AM

Id buy 1 mil worth of lotto tickets so i can win the next lottery prize again.

chode_regulator

10-14-2009, 12:30 AM

You'd be making the biggest mistake of you're life. Thunder Dan did the same thing and had to play Madden with Steven instead of playing with the likes of me, JT, dirk, ATRAIN and beenieweenie69.

Considering I could give two shits about who any of you are I don't consider it a mistake.

B-Hath

10-14-2009, 12:36 AM

Dude, don't toy with my emotions like that.

Slydragon

10-14-2009, 12:40 AM

tp2021

10-14-2009, 01:10 AM

I'm down

Udokafan05

10-14-2009, 01:19 AM

exstatic

10-14-2009, 07:32 AM

Id buy 1 mil worth of lotto tickets so i can win the next lottery prize again.

Except that your odds aren't 1/1,000,000 , they're `1/175,000,000 for Mega Millions. You'd have to wait until the cash pot gets higher than that, after taxes, and then buy every number combination (all 175,000,000 of them...that's a lot of freaking play slips to fill out!), and then hope no one splits the pot with you.

atxrocker

10-14-2009, 09:16 AM

200 million pot on Friday....

Soul_Patch

10-14-2009, 09:28 AM

FUCK! ok...if i win friday, ill double everyone's money!

post it up bitches!

I. Hustle

10-14-2009, 09:30 AM

I wonder if I got any numbers.

mrsmaalox

10-14-2009, 09:32 AM

I won $8. :smokin

Soul_Patch

10-14-2009, 09:33 AM

Maalox...you should give everyone in this thread at least 5 cents...

it is only fair.

I. Hustle

10-14-2009, 09:37 AM

I'll take my 8 cents

mrsmaalox

10-14-2009, 09:59 AM

Maalox...you should give everyone in this thread at least 5 cents...

it is only fair.

I'll take my 8 cents

Dream on, losers!!

ATRAIN

10-14-2009, 10:03 AM

FUCK! ok...if i win friday, ill double everyone's money!

post it up bitches!

1,000 for friday..........Im in........

Im going to play too if I win Soul you will get 1,000

Everyone else fuck off

ATRAIN

10-14-2009, 10:05 AM

How do you write off donations for lottery winnings?

ATRAIN

10-14-2009, 10:06 AM

If I win the Lottery friday I will pay 100,000 for someone to drug cosmic cowboy up and leave him in the rape tunnel.

Any Takers?

Oh yeah and you have to rape him a few times.

mrsmaalox

10-14-2009, 10:09 AM

If I win the Lottery friday I will pay 100,000 for someone to drug cosmic cowboy up and leave him in the rape tunnel.

Any Takers?

Oh yeah and you have to rape him a few times.

I'll do it!!! :D

ATRAIN

10-14-2009, 10:15 AM

I'll do it!!! :D

any takers that arent slutty cougars?

Soul_Patch

10-14-2009, 10:29 AM

any takers that arent slutty cougars?

:wakeup

I. Hustle

10-14-2009, 10:29 AM

$100,000 huh?

ATRAIN

10-14-2009, 10:36 AM

$100,000 huh?

500,000 to anyone that cuts him up in takes pics of him cooking away on a bbq pit

mrsmaalox

10-14-2009, 10:46 AM

Sooo typical of ATRAIN to qualify an offer after he's made it :rolleyes

ATRAIN

10-14-2009, 10:49 AM

Sooo typical of ATRAIN to qualify an offer after he's made it :rolleyes

You didnt read the small print

ATRAIN

10-14-2009, 10:50 AM

Considering I could give two shits about who any of you are I don't consider it a mistake.

Damn Cheech you got told by a mookie crew memeber

I. Hustle

10-14-2009, 11:00 AM

500,000 to anyone that cuts him up in takes pics of him cooking away on a bbq pit

you buy the pit?

ATRAIN

10-14-2009, 11:04 AM

you buy the pit?

if I win the lottery sure

angel_luv

10-14-2009, 11:06 AM

When you win, I am going to use the $1000. you give me to go to Europe for the Eurobasket summer of 2010. :D

jcrod

10-14-2009, 11:44 AM

$1000 bucks hey.

DisgruntledLionFan#54,927

10-14-2009, 11:54 AM

Still don't get the A-Train/CC love affair.

CosmicCowboy

10-14-2009, 12:00 PM

Still don't get the A-Train/CC love affair.

:lmao

I don't either. The dude is obsessed. It's like having my own stalker...:lol

DisgruntledLionFan#54,927

10-14-2009, 12:05 PM

It is indeed very odd.

I wonder if he puts on lipstick while listening to Goodbye Horses.

ATRAIN

10-14-2009, 12:07 PM

:lmao

I don't either. The dude is obsessed. It's like having my own stalker...:lol

Yeah says the guy that talks about me in threads that I dont even post in.

Dark Gable

10-14-2009, 12:08 PM

I think the attraction is mutual.

CuckingFunt

10-14-2009, 12:08 PM

ATRAIN seems a bit... shall we say, focused (?)... in general. Maybe it's the 'roids.

mrsmaalox

10-14-2009, 12:10 PM

Yeah says the guy that talks about me in threads that I dont even post in.

:lmao Dummy, he hadn't posted in this thread----you mentioned him first!! :lol

ATRAIN

10-14-2009, 12:12 PM

:lmao Dummy, he hadn't posted in this thread----you mentioned him first!! :lol

He was going to, it was just a matter of time so I beat him to it.

Taco

10-14-2009, 12:13 PM

Lottery getting up there...if i win, i will give everyone that posts in this thread 500 dollars.

http://www.jeannemarler.com/images/fence-post.jpg

Is a Fence Post Ok?

bus driver

10-14-2009, 12:13 PM

good luck!
can i have it in all ones?

ATRAIN

10-14-2009, 12:14 PM

good luck!
can i have it in all ones?

Which strip club are you going to?

DisgruntledLionFan#54,927

10-14-2009, 12:15 PM

Since I'm bored and it's tad breezy today, what started this lover's quarrel?

Did a horse die somewhere in the world?

ATRAIN

10-14-2009, 12:17 PM

Since I'm bored and it's tad breezy today, what started this lover's quarrel?

Did a horse die somewhere in the world?

Didnt you already post that?

He got mad that I made fun of his gay horses when they had a "pool" party and he has hated me ever since.

DisgruntledLionFan#54,927

10-14-2009, 12:21 PM

No, I didn't already post that.

And I know your side since you PMed it to me already.

CuckingFunt

10-14-2009, 12:22 PM

Chuckle.

mrsmaalox

10-14-2009, 12:23 PM

:lmao :lmao

ATRAIN

10-14-2009, 12:24 PM

No, I didn't already post that.

And I know your side since you PMed it to me already.

word

BacktoBasics

10-14-2009, 12:26 PM

Whats going on in here?

Mr.Ed

10-14-2009, 12:34 PM

Whats going on in here?

Horse love of some sort.

DisgruntledLionFan#54,927

10-14-2009, 12:56 PM

Well, I hate horses. And the environment.

And some other things that I've forgotten over the last few months.

desflood

10-14-2009, 12:59 PM

I'm in.

If you win, Merry Christmas to my kids!

I. Hustle

10-14-2009, 01:06 PM

back on track people. SHOW ME THE MONEY!

to21

10-14-2009, 01:08 PM

sup?

easjer

10-14-2009, 01:13 PM

Heh. We'll buy another ticket tomorrow. Cheaper than the movies.

The real question is do you opt for the annual or cash payment?

desflood

10-14-2009, 01:14 PM

Cash.

DisgruntledLionFan#54,927

10-14-2009, 01:15 PM

Cash, bitches.

It would be roughly what, $95 million as the lump sum option?

CosmicCowboy

10-14-2009, 01:19 PM

Heh. We'll buy another ticket tomorrow. Cheaper than the movies.

The real question is do you opt for the annual or cash payment?

I always do cash. If I actually win it's all going into diversified hard assets. Ranches, Real estate on the East Cape of Mexico and Costa Rica, etc. Plus of course a King Air to go back and forth...The dollar could very well go to shit and who knows what the tax rate will have to be in the future to pay for all our deficits...

atxrocker

10-14-2009, 01:19 PM

cash

I. Hustle

10-14-2009, 01:20 PM

Cash, bitches.

It would be roughly what, $95 million as the lump sum option?

When it was at $170 the lump sum was $108,500 so it will be more than 95.

mrsmaalox

10-14-2009, 01:20 PM

$127 million cash for friday

CosmicCowboy

10-14-2009, 01:22 PM

Cash, bitches.

It would be roughly what, $95 million as the lump sum option?

Friday it will be 127 and change. Roughly 76 million after taxes. Roughly 38 million after the divorce LOL.

DisgruntledLionFan#54,927

10-14-2009, 01:24 PM

I'd buy the entire City of Detroit and still have over $90 million.

It'd definitely go into a trust with a majority of it going into real estate. And a red GTR.

And I'd gut my current house. Buy a reasonably priced condo in Italy. Or two.

That's about it. G5 would be tempting but unreasonable for me.

DisgruntledLionFan#54,927

10-14-2009, 01:25 PM

Yeah was talking after taxes. I can live with $76 mil.

mrsmaalox

10-14-2009, 01:29 PM

Friday it will be 127 and change. Roughly 76 million after taxes. Roughly 38 million after the divorce LOL.

Last night I was teasing my kids and told them if I won, could I give them each 10million to go away? But my oldest said "How about you give us each 10million dollars and then you go away?" :lol

DisgruntledLionFan#54,927

10-14-2009, 01:31 PM

Does TX allow you to retain your anonymity by using a trust? I'm not exactly sure if MI does or not.

CosmicCowboy

10-14-2009, 01:35 PM

Does TX allow you to retain your anonymity by using a trust? I'm not exactly sure if MI does or not.

Yeah. I would do it in two anonymous family trusts.

ATRAIN

10-14-2009, 01:48 PM

If I won I would buy a little white girl like this

http://i125.photobucket.com/albums/p55/RackTheMouse/kisss.gif:lmao

pkbpkb81

10-14-2009, 03:31 PM

is the drawing today i am in going to go get a ticket at lunch

nuclearfm

10-14-2009, 03:33 PM

Nice deed. If I win I have already said I would donate a lot of it to some schools I admire...

I. Hustle

10-14-2009, 03:40 PM

If I win that 200 milli I will gladly donate 20 mill to charity. Even after they take out all the taxes.

mexicanjunior

10-14-2009, 04:22 PM

Good luck...

NuGGeTs-FaN

10-14-2009, 04:50 PM

I'm in. Thanks for the $500 :smokin

Dex

10-14-2009, 04:56 PM

I want some o' dat.

stretch

10-14-2009, 04:58 PM

cool

Imposter

10-14-2009, 05:43 PM

54,000 and counting... hope you can 'splaine this to the misses if you guys win

Ed Helicopter Jones

10-14-2009, 06:06 PM

Didnt you already post that?

He got mad that I made fun of his gay horses when they had a "pool" party and he has hated me ever since.

Atrain, to be fair, I think he hated you way before that.

By the way, how do you know his horses are gay? You haven't been sneaking into the stables late at night have you?

Thanks to the OP for the 500 bills, btw. Now I can opt for the high class hooker.

JMarkJohns

10-14-2009, 09:38 PM

manustarting2gd

10-15-2009, 12:27 AM

ill take 500 US DOLLARS BRAH ... count me in.

AussieFanKurt

10-15-2009, 02:25 AM

fuck yes, i'll take $500

xellos88330

10-15-2009, 02:46 AM

Posted!!!

Soul_Patch

10-15-2009, 10:09 AM

Last night I was teasing my kids and told them if I won, could I give them each 10million to go away? But my oldest said "How about you give us each 10million dollars and then you go away?" :lol

lol....

Soul_Patch

10-15-2009, 10:10 AM

54,000 and counting... hope you can 'splaine this to the misses if you guys win

Hey, if it takes me dropping some good karma on the club to win a hundred mil....im in.

z0sa

10-15-2009, 10:20 AM

cool

The Reckoning

10-15-2009, 10:25 AM

http://www.msnbc.msn.com/id/33319472/ns/us_news-weird_news/?gt1=43001

"A woman being driven around in a rented limousine pulled up at a coat store and announced she'd won the lottery and would pay for everyone's purchases, police said, but she ended up causing a riot when customers realized it was a hoax.

Angry customers threw merchandise around and looted, leaving the store looking as though a hurricane had passed through it, police said.
Linda Brown was arrested Tuesday after an hours-long shopping spree that began when she hired a stretch Hummer Limousine to drop her off at a Burlington Coat Factory store, police Sgt. Lt. Michael Deakins said. Brown walked to a cash register and loudly announced she had won the lottery and would pay for each person's merchandise up to $500, he said."

:lol

atxrocker

10-16-2009, 11:33 AM

tonight's the big night....

Soul_Patch

10-16-2009, 11:34 AM

Bought my 5 tickets a few minutes ago. I am serious about this shit...if i win, 1k to everyone PER POST...

lets see if i can blow 127,000,000 on spurstalk!

angel_luv

10-16-2009, 11:35 AM

well

angel_luv

10-16-2009, 11:35 AM

angel_luv

10-16-2009, 11:35 AM

you

angel_luv

10-16-2009, 11:35 AM

are

angel_luv

10-16-2009, 11:35 AM

giving

angel_luv

10-16-2009, 11:36 AM

cash

angel_luv

10-16-2009, 11:36 AM

money

Soul_Patch

10-16-2009, 11:36 AM

I like it Angel...gonna make some club members riiiiiicchh...

angel_luv

10-16-2009, 11:36 AM

I'll

angel_luv

10-16-2009, 11:36 AM

gladly

angel_luv

10-16-2009, 11:36 AM

angel_luv

10-16-2009, 11:36 AM

your

angel_luv

10-16-2009, 11:36 AM

donation

angel_luv

10-16-2009, 11:36 AM

into

angel_luv

10-16-2009, 11:36 AM

angel_luv

10-16-2009, 11:36 AM

send

angel_luv

10-16-2009, 11:36 AM

Angel_luv

angel_luv

10-16-2009, 11:37 AM

angel_luv

10-16-2009, 11:37 AM

the

angel_luv

10-16-2009, 11:37 AM

2010

angel_luv

10-16-2009, 11:37 AM

Eurobasket

angel_luv

10-16-2009, 11:37 AM

Fund

angel_luv

10-16-2009, 11:37 AM

Soul_Patch

10-16-2009, 11:37 AM

You up to about 20,000 dollars already...im hyped...i feel a win coming on!

Trainwreck2100

10-16-2009, 11:38 AM

if i win i ain't giving you shit

Soul_Patch

10-16-2009, 11:38 AM

This shit isnt legally binding is it? :wow

angel_luv

10-16-2009, 11:39 AM

You up to about 20,000 dollars already...im hyped...i feel a win coming on!

I have been rooting for you to win all week long. Really, I have! :)

angel_luv

10-16-2009, 11:40 AM

This shit isnt legally binding is it? :wow

Yes it is. A written agreement. :)

METALMiKE

10-16-2009, 05:08 PM

Good luck buddy

caribbean_spur

10-16-2009, 06:22 PM

I'm late but I am in anyway :lol

atxrocker

10-17-2009, 12:17 PM

hope you fucking won because i didn't get shit

BacktoBasics

10-17-2009, 12:19 PM

He probably fled the country.

CosmicCowboy

10-17-2009, 01:10 PM

One winner in Virginia.

benefactor

10-17-2009, 03:20 PM

Lotto Texas is still rolling...73 million tonight.

SpursNextRomanEmpire

10-17-2009, 10:21 PM

count me in

atxrocker

12-10-2009, 01:34 PM

pot is back up to 100 for Friday's drawing, already picked up a few quick picks

peewee's lovechild

12-10-2009, 02:25 PM

I want money.

peewee's lovechild

12-10-2009, 02:26 PM

Blake

12-10-2009, 02:56 PM

the dude that just set the record for most money lost in Vegas (120+ million) could use a winning ticket right about now.

easjer

12-10-2009, 03:43 PM

Heh, yeah.

I'll buy a ticket for Friday. I like to dream.

oh crap

05-01-2010, 02:55 PM

266 Million drawing on Tuesday- grab your tickets

TIMMYD!

05-01-2010, 03:07 PM

i need money

oh crap

05-01-2010, 05:22 PM

http://youwillbeeaten.files.wordpress.com/2009/02/i-need-money.jpg

Mavs_man_41

05-01-2010, 05:46 PM

hope you fucking won because i didn't get shit

yeah! fuck fuck fuckity fuck!

Jacob1983

05-02-2010, 12:13 AM

Show me the money. What ever happened to Cuba Gooding Jr.? He went from winning an Oscar to starring in straight-to-DVD movies.

Stringer_Bell

05-02-2010, 12:34 AM

Does this offer still stand? I STILL WANT MY OBAMA MONEY!!

Mr.Bottomtooth

05-02-2010, 10:39 AM

oh crap

12-29-2010, 03:58 PM

237 million up for grabs on new years eve

Nathan Explosion

12-29-2010, 04:00 PM

237 million up for grabs on new years eve

Hell of a way to start the new year if you were to win.

024

12-29-2010, 09:53 PM

if anyone wins in this thread, they should also give everyone here $500.

Nathan Explosion

12-29-2010, 11:49 PM

if anyone wins in this thread, they should also give everyone here $500.

Pffffttt.

I always contend that the first people I would tell are the best lawyer and accountant I can find. The lawyer would be there to keep the accountant from fucking me, and the accountant would be there to let me know if the lawyer is skimming money off the top.

Dr. Gonzo

12-29-2010, 11:56 PM

If I won that kind of money I would buy a midget.

oh crap

01-04-2011, 01:38 PM

355 mil or a 224 mil lump sum being drawn tonight...

Trainwreck2100

01-04-2011, 01:43 PM

its gone up like 50 mil since saturday

mrsmaalox

01-04-2011, 01:49 PM

I actually bought 10 tickets!

Spurminator

01-04-2011, 01:51 PM

Sure, wtf. I could use $500.

Trainwreck2100

01-04-2011, 01:52 PM

i bought 3 tickets i'm awesome

oh crap

01-04-2011, 01:56 PM

http://cdn.fd.uproxx.com/wp-content/uploads/2010/03/TARANTINO-FISTPUMP.GIF

LnGrrrR

01-04-2011, 03:10 PM

I'm in. :lol

LnGrrrR

01-04-2011, 03:10 PM

(time to create 100 trolls to post in this thread...)

Drachen

01-04-2011, 04:13 PM

A quick (and very loose) calculation of the expected payout of a lottery ticket for this size jackpot reveals that it is actually a good investment to purchase this lottery ticket (i.e. the expected payout is slightly higher than the dollar cost of the ticket.)

I only based this on the 355 million annualized payout, but did not factor in the time value lost over the 26 payments. Additionally I didn't factor in the expected value of non-jackpot payouts. So its possible that this is still not a good investment, but it is close.

Edit: Awww, scratch that. I really don't know enough about the non-jackpot payouts to make such a claim. I have bought 1 lottery ticket in my life and it was a scratch off (+$7!). All I can say is that for a $1 ticket, and a 355 Million dollar payout (if it was lump sum at that amount), then the expected payout is higher than the cost of the ticket.

Viva Las Espuelas

01-04-2011, 04:46 PM

oh crap

01-04-2011, 04:52 PM

i could live with 224 million

CosmicCowboy

01-04-2011, 05:05 PM

Would y'all get the lump sum or monthly? I'd do monthly to save quite a bit on taxes overall, BUT that means more than likely the government will likely get it all back once I've shuffled off this mortal coil.

Definitely lump sum. Take your tax hit at current rates and put it in a trust. Make sure all income from then on is taxed as capital gains.

Drachen

01-04-2011, 05:06 PM

probably the lump sum. It kinda depends on the rate that they are discounting it from the 355 million to get back to the 224 and if I think I can earn more over the same time span with the 224 lump sum (I don't have my financial calculator with me to figure this out). How would it help your tax situation? I would assume that even the payment option would put you in the highest tax bracket.

Viva Las Espuelas

01-04-2011, 05:09 PM

Definitely lump sum. Take your tax hit at current rates and put it in a trust. Make sure all income from then on is taxed as capital gains.
Damn, but you lose so much money. I have a hard time giving the government money. Very hard time.

CosmicCowboy

01-04-2011, 05:19 PM

Damn, but you lose so much money. I have a hard time giving the government money. Very hard time.

It's annual payments. You are gonna pay taxes on it anyway and the ordinary income rate could be a lot higher than it is today.

Take the lump sum, pay taxes on it, then invest it at a decent return and pay cap gains tax at 15% on your profits and you still come out ahead in the long term.

You aren't taking inflation and taxes into account on those 26 annual payments.

Sisk

01-04-2011, 05:20 PM

CosmicCowboy

01-04-2011, 05:21 PM

I'd blow about 20 million right off the bat and just invest the rest. A modest Texas Ranch, A modest Montana Ranch, A house in Pedregal in Cabo and a modest 40ish foot sportfisher.

Drachen

01-04-2011, 05:43 PM

I'd blow about 20 million right off the bat and just invest the rest. A modest Texas Ranch, A modest Montana Ranch, A house in Pedregal in Cabo and a modest 40ish foot sportfisher.

How very modest of you.

Viva Las Espuelas

01-04-2011, 05:47 PM

It's practically his middle name :lmao

Drachen

01-04-2011, 05:50 PM

damn, if you took the 224M, took a 40% federal bite out of it (down to 134.4M), invested it and an extremely super modest 3%, your annualized income (after a 40% federal bite) comes in just under 2.5 million. This is, of course if you play it really really really safe, and no nothing about investments, money management, and tax sheltering. *sigh*

JoeChalupa

01-04-2011, 05:52 PM

I bought $1.

baseline bum

01-04-2011, 05:53 PM

Drachen

01-04-2011, 05:55 PM

Play numbers 32 and over to slightly decrease your expected loss.

why is that?

Das Texan

01-04-2011, 05:56 PM

I'd blow about 20 million right off the bat and just invest the rest. A modest Texas Ranch, A modest Montana Ranch, A house in Pedregal in Cabo and a modest 40ish foot sportfisher.

I'd blow about 30 mil and use that extra 10 on a more spacious Texas Ranch and also some European getaway, in my modesty.

baseline bum

01-04-2011, 05:56 PM

why is that?

Because everyone picks birthdays for lottery numbers, so the expected number of people to split a jackpot between should be lower.

baseline bum

01-04-2011, 06:00 PM

I'd blow about 20 million right off the bat and just invest the rest. A modest Texas Ranch, A modest Montana Ranch, A house in Pedregal in Cabo and a modest 40ish foot sportfisher.

I'd have to go with a small house in the Sierras and one in the Beartooths. Maybe one in Wyoming too.

024

01-04-2011, 06:12 PM

question, if i win that jackpot, how do i convert it into spurstalk cash?

oh crap

01-04-2011, 06:30 PM

just heard on the news if this rolls again next jackpot will be close to 500 mil (487). either way, someone's cashing the fuck in.

SpursWoman

01-04-2011, 06:49 PM

Good Lord ... that's a lot of money.

I hope whoever wins is a pool of people. That's just too much for one person.

Unless it's me. :makemyday :lol

Sisk

01-04-2011, 07:31 PM

question, if i win that jackpot, how do i convert it into spurstalk cash?

:lol

I play the lotto regularly. Seems like people that don't play regularly are the ones who win.

I hope tonight's different and I win. I could spread some cash around to some people on here I'm sure. :lol

oh crap

01-04-2011, 07:45 PM

on the newscast they showed hundreds of people in line to get their tickets, it looked pretty nuts. anyway, all my tickets have been purchased, from 3 different locations. now to just wait and see...

ChuckD

01-04-2011, 08:03 PM

on the newscast they showed hundreds of people in line to get their tickets, it looked pretty nuts. anyway, all my tickets have been purchased, from 3 different locations. now to just wait and see...

I would never wait in line. HEB has machines where you can buy and print your own tickets. I dropped a fiver there last night.

oh crap

01-04-2011, 11:23 PM

winning numbers:

4 8 15 25 47 megaball 42

u4lakers14

01-04-2011, 11:29 PM

I would buy a flying car that made milkshakes and drove itself and had a blowjob machine.

3rd post

my vote for thread winner

Viva Las Espuelas

01-04-2011, 11:36 PM

So who's all going to work in the morning?! :lol

DisgruntledLionFan#54,927

01-05-2011, 02:30 AM

Early reports are that there was no winning ticket(s) sold.

O/U $500,000,000?

I'm guessing 475.

oh crap

01-05-2011, 02:34 AM

if it's true i could easily see this very close to 500, lots of people will come out of hiding when word gets out.

SpursWoman

01-05-2011, 07:45 AM

2 tickets won ... and 67 tickets matched 5+0 for $250,000, or $1,000,000 if they bought the megaplier.

I got the most numbers I've ever gotten on one ticket without winning anything. That sucks ... good thing I didn't quit my job yet. :lol

JudynTX

01-05-2011, 10:33 AM

Viva Las Espuelas

01-05-2011, 11:00 AM

they're probably old.

CosmicCowboy

01-05-2011, 11:20 AM

they're probably old.

:wtf

Viva Las Espuelas

01-05-2011, 11:23 AM

to not fully enjoy all the money. not enough time. yada yada.

Viva Las Espuelas

01-06-2011, 01:53 PM

(CNN) -- A family in Washington that was one of two jackpot winners in the Mega Millions drawing will speak to reporters about its windfall Thursday.
However, the buyer in Idaho with whom the family will split the $380 million prize has yet to come forward.
Washington lottery officials have so far only disclosed that the family is from Ephrata, a small town with a population of just over 6,000. They have scheduled a news conference at 2 p.m. (5 p.m. ET) to introduce the lucky family that will claim $190 million -- half of the $380 million jackpot -- from the Tuesday night drawing.
The ticket was sold at a Safeway store in Ephrata, lottery officials said.
Store Manager Geoff Bell told CNN affiliate KREM that the phones began to ring off the hook when news surfaced that the store had sold one of the two winning tickets.
"It's great for the community. It's nice that Safeway can be a part of helping somebody make some dreams come true for them," Bell told the affiliate.
The ticket in Idaho was sold in Post Falls.
Tuesday's Mega Millions numbers were 4, 8, 15, 25, 47 and 42 (42 was the Mega Ball number).
As days went by without a winner, residents in the 42 states that take part in the Mega Millions drawing rushed to stores to buy more and more tickets, pushing the jackpot to $380 million -- the second-highest in the drawing's history.
The highest was $390 million in 2007.