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What will you do when you win $6oo or 700 million in the Powerball?

Forums: a2k, Community, Lottery, Powerball
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edgarblythe
 
  1  
Reply Sun 10 Jan, 2016 07:27 pm
If I were young, I would continue to play, after winning 2 million. But, at my age, 2 million would tide me over nicely.
roger
 
  1  
Reply Sun 10 Jan, 2016 08:18 pm
@edgarblythe,
After setting aside a half billion for a rainy day, I'd probably do the same.
0 Replies
 
edgarblythe
 
  1  
Reply Mon 11 Jan, 2016 01:41 pm
I decided to let it hit 2 bil before I win it. Or maybe a Brazilian.
engineer
 
  2  
Reply Mon 11 Jan, 2016 02:01 pm
@edgarblythe,
Were it to hit 2 billion and I were a bank, I would buy every single ticket number so that I was guaranteed a win. Even if someone else hit my number I would still win. If two others hit the number, I would be about break even.
edgarblythe
 
  1  
Reply Mon 11 Jan, 2016 02:05 pm
@engineer,
That's the catch. Few of us are banks. The real rub would be if two or three banks secretly did that. Smile
0 Replies
 
cicerone imposter
 
  1  
Reply Mon 11 Jan, 2016 05:22 pm
@engineer,
I believe the odds are even better than that!
0 Replies
 
McGentrix
 
  1  
Reply Mon 11 Jan, 2016 05:41 pm
175.2 million different combinations, $3 a ticket... lets see, carry the 4... $525.6 million dollars to win... so yeah, that would pay off. After taxes and you were only winner, you'd profit around 1 billion dollars.
0 Replies
 
Finn dAbuzz
 
  1  
Reply Mon 11 Jan, 2016 06:39 pm
I just spent $20 on tickets and got the winner so you can all save your money and just wait for me to disappear for a month as planned.
0 Replies
 
edgarblythe
 
  1  
Reply Mon 11 Jan, 2016 07:08 pm
I am holding fast to my once a drawing ticket.
0 Replies
 
Setanta
 
  1  
Reply Mon 11 Jan, 2016 07:17 pm
On CBC last night, they said the new jackpot is estimated to be $1.3 billion.
edgarblythe
 
  1  
Reply Mon 11 Jan, 2016 07:21 pm
@Setanta,
Our local station updated it to 1.4
0 Replies
 
Setanta
 
  1  
Reply Mon 11 Jan, 2016 07:24 pm
Well, they're almost in range of meeting my needs.

http://pre02.deviantart.net/ff1d/th/pre/i/2011/267/2/d/pinky_and_the_brain_by_jrwcole-d4atvge.jpg
0 Replies
 
edgarblythe
 
  1  
Reply Mon 11 Jan, 2016 10:20 pm
The TV news guy just said that you cannot buy every combination of the Powerball, because there is not enough time to run all the tickets before the drawing.
0 Replies
 
McGentrix
 
  1  
Reply Mon 11 Jan, 2016 10:48 pm
If I win, everyone on A2K that was nice to me will get all their bills paid.
Finn dAbuzz
 
  1  
Reply Mon 11 Jan, 2016 11:24 pm
@McGentrix,
OK, but I have some hefty bills, why don't we just settle on you buying me a 2016 Morgan Plus 8?
McGentrix
 
  2  
Reply Tue 12 Jan, 2016 07:17 am
@Finn dAbuzz,
If I get a Billion dollars I suspect your bills aren't that hefty.
engineer
 
  2  
Reply Tue 12 Jan, 2016 07:41 am
@McGentrix,
I think a lot of people have trouble understanding how much a billion is. That is a LOT of money. The interest on one billion dollars would be sixty million a year, enough to hire 1000 Americans at the US median salary. With one billion dollars, you could endow a small to medium sized private university. (Wake Forest for example has an endowment of $1 billion.) The reality is that you really can't spend that kind of money, it just continues to grow on its own.
Finn dAbuzz
 
  1  
Reply Tue 12 Jan, 2016 08:13 am
@McGentrix,
Trust me the car will be a better deal for you.
0 Replies
 
Finn dAbuzz
 
  1  
Reply Tue 12 Jan, 2016 08:15 am
@engineer,
I think you're probably right. Including me, but I was no more serious than McG
0 Replies
 
edgarblythe
 
  1  
Reply Tue 12 Jan, 2016 10:38 am
It has hit 1.5
0 Replies
 
 

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