Whats with the powerball?

Bashar_al-AssadBashar_al-Assad Posts: 579Player
US citizens, buying it?
The chance of winning is too little :D might as well as buy candy instead of wasting on lottery :D

Comments

  • IO_i_OIIO_i_OI Posts: 1,107Player
    You can't win if you don't play. I'm all for creating instant millionaires but rich people shouldn't be allow to play. Donald Trump even bought a ticket.
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  • SacchoSaccho Posts: 1,577Player
    I have my moral reservations about the lottery. That said, is spending $2 on a ticket that different from, say, visiting a casino or other forms of gambling? In this particular case, it's a major topic of discussion and the entertainment value of a $2 ticket and getting in on the office conversations of "How I'd Spend My Millions" is probably better than the cost of a movie ticket.

    Even with the record-high payout, the expected value of a $2 ticket is $1.32. The math tells me "this is a losing investment". Did I buy a ticket anyway? *$#^ yeah! It's a cheap thrill and being able to say you're involved, not a financial strategy :)
  • -=}WoLvErInE{=--=}WoLvErInE{=- Posts: 1,117Beta Tester
    What makes it fun, is spending all that money in my head.... :D
  • IO_i_OIIO_i_OI Posts: 1,107Player
    The only thing I don't like is the outrageous amount the Gov takes from your winnings!
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  • -=}WoLvErInE{=--=}WoLvErInE{=- Posts: 1,117Beta Tester
    Honestly, I'd be happy with 100 million. They can take the rest.
  • ddra-ddra- Posts: 453Player
    edited January 2016
    IO_i_OI wrote: »
    The only thing I don't like is the outrageous amount the Gov takes from your winnings!

    That's why the first thing you should do is hire a tax attorney to structure your winnings and maximize your winnings :D

    As Pull said: it's a cheap thrill.
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  • IO_i_OIIO_i_OI Posts: 1,107Player
    Honestly, I'd be happy with 100 million. They can take the rest.

    Me too. Just think about how much work you have to do to manage 10 time that!! :s
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  • IO_i_OIIO_i_OI Posts: 1,107Player
    Congrats to the 3 winners of the Powerball. I hope they are low income people.

    About 2 hours before the record drawing, I past up about 5 gas stations (that's "petrol" for all you Euros) and saw at least 5 to 12 people standing in line getting tickets. One gas station even had a Police Officer to direct traffic in the parking lot.

    Where else can you get so much excitement for 2 bucks??
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  • [ENG]Uni-Sol[ENG]Uni-Sol Posts: 3,181Player
    It was on the news over here in Britain :mrgreen:

    If my trollery drives you crazy, you'd better put on your seatbelt.






  • IO_i_OIIO_i_OI Posts: 1,107Player
    It was on the news over here in Britain :mrgreen:

    Some "good" news for a change.
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