Lottery

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boathealer

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Let's see, $2 to have a 1:14-million chance to win half a BILLION dollars?!?!

Well, yeah, this time...

(Just think of perusing the "Interesting Boats" thread with that!)
 
I just bought tickets thinking I had better chances.... Damn.
 
Who was it again that said: "Gambling is a tax on stupid people."

<ducks for cover........:D>
 
When it comes to the Lottery:
"You can't loose, if you don't play."

When it comes to the Stock Market:
"It's no longer a safe place to invest for amateurs."


Ted
 
$2 people!

TWO. Dollars. Really?

Sheesh! How.much was that last beer you bought?

Unreal.
 
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Someone who spent $2 has to win it, right?
 
Nobody else bother to buy tickets, we're winning this one. We plan to buy a custom Nordhavn 80. As a tender for our superyacht.

How much do helicopters cost? I have to have a boat big enough to have a giant "H" on the foredeck, and that doesn't stand for hot dogs.
 
The big lotteries are the only games where buying a ticket doesn't do much to actually improve your chances of winning.
 
A lottery is great entertainment at low cost.

A "Dollar a Dream" ,,, even cheap at two bucks.

I don't play but I understand the hopes of the folks that say if you don't play you cant win.
 
Who was it again that said: "Gambling is a tax on stupid people."

<ducks for cover........:D>

In 2008 we sold our "big" house in Connecticut to a guy who just won 1 million on a scratch off ticket. He paid us cash so it was a very easy and quick sale.
He bought a car, then pissed and gambled away every last penny. He never paid any of his taxes and 4 years later the city auctioned the house for less than 1/3 of what we sold it for.

yes some are stupid people.
 
At my previous marina one boat owner had won the lottery, he bought a Cadillac CT paint in shiny mirror gold. Seeing this I understood that there are things money can't buy :)

L
 
I think if I won $360 million net cash I might do a few stupid things as well! :D
 
Then there's this from recent news:

"A couple in Maine paid it forward after winning a $1 million lottery jackpot, giving a few thousand bucks to the supermarket staff members who helped them on the fateful day they bought the winning ticket.

[snip]

In a generous gesture, the couple returned to Food City soon after, giving $1,000 each to the manager and store clerk who sold them the life-changing ticket.

They were in shock and couldn’t believe it," Lemieux remembered. "The cashier began to cry and couldn’t speak. It was such a great feeling.
"
 
I'd rather OTB a $2 wager if that's doable. At least then you can enjoy the race or game.
 
Wifey B: My hubby made fun of me playing every week......until.......:rofl:
 
We play 5-10 times a year when the pot is full. Well worth the 5.00 for a few days of day dreaming. The current prognosis is to keep the current boat and go though everything, but keep it 100% factory original. I can’t honestly say I would want a larger boat, as then it would require a crew. And 3/4 of the point in boating for us is to get away from people out on our own. I feel that a 48 is about as big as we can go with just 2. I would probably buy a nice Nortic tug to keep on the East Cost. But the current Egg will reside right where it is now in the PNW. Far as houses/cars... ya I would have a place with a dock in the front yard, and a nice garage in the back. Full of American classics in driver condition! Always wanted a 68-69 big block 4 speed Corvette, and a clean 39 Studebaker dictator.
 
Well, now I might have to buy two boats big enough to have a big "H" painted on the foredeck. One for each hemisphere.
 
Nobody else bother to buy tickets, we're winning this one. We plan to buy a custom Nordhavn 80. As a tender for our superyacht.

How much do helicopters cost? I have to have a boat big enough to have a giant "H" on the foredeck, and that doesn't stand for hot dogs.

I like where your head is, KT. :)
 
When it comes to the Lottery:
"You can't loose, if you don't play."

When it comes to the Stock Market:
"It's no longer a safe place to invest for amateurs."


Ted

It's sad, because no one has ever sat down with a calculator, and explained to those poor people buying a couple hundred dollars of lottery tickets every month, what dollar cost averaging investing could do for their retirement, as a sure thing, instead of the 1 in a few hundred million odds with the lottery.

It's the marshmallow test, being demonstrated by adults.
 
It's sad, because no one has ever sat down with a calculator, and explained to those poor people buying a couple hundred dollars of lottery tickets every month, what dollar cost averaging investing could do for their retirement, as a sure thing, instead of the 1 in a few hundred million odds with the lottery.

It's the marshmallow test, being demonstrated by adults.

Wifey B: I see all the condescending comments toward lottery players as if thinking they don't know how bad the odds are. The vast majority do and it's more like entertainment to them. Better odds than slot machines even those with 95% payout because no one stops till they lose on them. A lot better odds than playing golf which requires a sizable investment or even than boating. Any of you making money on your boating? I know a wealthy lady who pre-pandemic tracked all her stocks on a piece of paper at her desk every day and when they'd go up thousands, she was happy, but no where near as happy as when she won $46 one weekend at the bingo hall. And, yes, she spend $10 a week on the lottery. Was thrilled once when she won $50 although it was after two or three years of not a single win. She knew the big picture but still fun.

If someone sacrifices money needed for their family to play the lottery, I understand the criticism, but most do it for fun and on the premise that if they do accidentally win it will be great. Most states average payouts of close to 70% with all but a couple over 50%. No worse than most other forms of gambling and most lottery players spend far less than casino players. :rolleyes:
 
I enjoy playing when the jackpots are high. The day dreaming alone is worth a few bucks. Add on the smack talk with my boating friends about which of us will win and which boat(s) we’d buy with the windfall and it’s paid for itself many times over.

As far as the odds go; not playing guarantees a 0% chance of winning, playing raises those odds slightly. ;)
 
I do LottoAmerica for a dollar $1. Will buy a single quick pick for 20 consecutive draws (10weeks).

Lower jack pots, cheaper tickets, better odds, and same millionaire daydreams (I could never spend one of those multi-million pots anyway).
 
Wifey B: I see all the condescending comments toward lottery players as if thinking they don't know how bad the odds are. The vast majority do and it's more like entertainment to them. Better odds than slot machines even those with 95% payout because no one stops till they lose on them. A lot better odds than playing golf which requires a sizable investment or even than boating. Any of you making money on your boating? I know a wealthy lady who pre-pandemic tracked all her stocks on a piece of paper at her desk every day and when they'd go up thousands, she was happy, but no where near as happy as when she won $46 one weekend at the bingo hall. And, yes, she spend $10 a week on the lottery. Was thrilled once when she won $50 although it was after two or three years of not a single win. She knew the big picture but still fun.

If someone sacrifices money needed for their family to play the lottery, I understand the criticism, but most do it for fun and on the premise that if they do accidentally win it will be great. Most states average payouts of close to 70% with all but a couple over 50%. No worse than most other forms of gambling and most lottery players spend far less than casino players. :rolleyes:

Go to the 'hood. Stand around in one of the local convenience/beer stores, and tell us what you see.

A lot of them like to drink beer and smoke weed all day, too. That doesn't mean it's not fun, but it's not really the ticket to a successful life.

That said, I usually do buy one of the giant ones for my wife's birthday every year. She never wins, but I remind her that I tried to give her a hundred million dollars for her birthday, but things just didn't work out.
 
It's sad, because no one has ever sat down with a calculator, and explained to those poor people buying a couple hundred dollars of lottery tickets every month, what dollar cost averaging investing could do for their retirement, as a sure thing, instead of the 1 in a few hundred million odds with the lottery.

It's the marshmallow test, being demonstrated by adults.

I don't agree with this.

If you follow this logic then you would never spend on any discretionary item or service, but invest every penny that wasn't required to feed, clothe and commute.

The result could be that you live 60 years in misery to have more money than you can spend for the last 20-25 years?
 
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I don't agree with this.

If you follow this logic then you would never spend on any discretionary item or service, but invest every penny that wasn't required to feed, clothe and commute.

The result could be that you live 60 years in misery to have more money than you can spend for the last 20-25 years?

Well, that depends on whether they are doing it for fun, or out of some mistaken idea that playing the lottery is a reasonable way to plan for, and finance, their future.

And, regardless of the motivation involved, I can't say that a lot of people don't agree with you. The lotteries certainly generate a lot of money.
 
Well, that depends on whether they are doing it for fun, or out of some mistaken idea that playing the lottery is a reasonable way to plan for, and finance, their future.

And, regardless of the motivation involved, I can't say that a lot of people don't agree with you. The lotteries certainly generate a lot of money.

I do it to support education in Florida! :rolleyes:
 

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