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View Full Version : Hitting the Lottery


NickCat11
08-24-2009, 01:56 PM
Just curious to see what everyone would do...

iisjman07
08-24-2009, 02:42 PM
I love computer repair, so I'd still work and keep my current prices - but not because I'm a selfish bas****. If you took a wild price cut on your services then you're in theory no better than a pizza tech - doing work for small ammounts and thus putting other techs in the surrounding area out of business.

Blues
08-24-2009, 03:29 PM
Why would I work I could order all the pizza I want with that kinda money. No but I would probly drop my work load to have more time to relax.

NickCat11
08-24-2009, 10:35 PM
=Blues;67767 I would probly drop my work load to have more time to relax.

Yep, I would do the same thing. I think I would get bored without doing any work...

TimeCode
08-24-2009, 11:13 PM
If I won that kind of cash, I'd tithe at least 10%, move to Montana with > 200 acres, set up a wildlife sanctuary (for wild animals that people had as pets but couldn't handle) and a world-class surfing wave pool.

If anyone within 50 miles wanted their PCs fixed. I'd be glad to do it for free when in the mood.... Why would I care about money? I just love fixing PCs.

TimeCode
08-24-2009, 11:23 PM
What is a "tithe"?

Tithe Defined... (http://lmgtfy.com/?q=tithe+define)

TimeCode
08-24-2009, 11:41 PM
Sorry, I forgot how to google for a minute, and I also forgot that Jesus needs money :rolleyes:

And I forgot my smiley face. It was there but I edited my post before I sent it and forgot to put it back in. Sorry. :o

I can see that tithing seems like foolishness to you but it is a practice that I honestly believe in. If Christians don't give, there are homeless that don't eat, pastors that don't preach, and souls that go unsaved. I'll be praying for you.

rusty.nells
08-24-2009, 11:49 PM
If I won that kind of cash, I'd tithe at least 10%, move to Montana with > 200 acres, set up a wildlife sanctuary (for wild animals that people had as pets but couldn't handle) and a world-class surfing wave pool.

If anyone within 50 miles wanted their PCs fixed. I'd be glad to do it for free when in the mood.... Why would I care about money? I just love fixing PCs.
Love the ranch idea! The wife and I are animal lovers.

Would that tithe be before or after taxes? I'll bet the church can do more with 10% than the government can do with 50%.

If I won the lottery I'd probably become a part-time teacher.

TimeCode
08-25-2009, 12:06 AM
Would that tithe be before or after taxes? I'll bet the church can do more with 50% than the government can do with 50%.

Well, its pretax now so I would do the same then. And I think I could still live out my dreams on $90,000,000. :D

If I won the lottery I'd probably become a part-time teacher.

I truly respect that. My wife is a high school teacher and I know the dedication and devotion that it takes to be a teacher. More power to you. I couldn't do it. ;)

Emockler
08-25-2009, 12:10 AM
lottery is a tax on people who are bad at math

lward1
08-25-2009, 12:32 AM
Well it's estimated at 252mill. tomorrow night where I live.

And like TimeCode, I to would give 10% Tithe.

I would buy a little more than 200 acres,lol. There are a LOT of people who have helped me out over the years that I would give back to. Set up a scholarship for our local High School, There were a lot of kids that graduated this past year with my daughter that had over a 3.5 GPA and still could not afford to go on to collage.

But it's just a dream, so I will keep on keeping on.:rolleyes:

TimeCode
08-25-2009, 12:47 AM
Well it's estimated at 252mill. tomorrow night where I live.

And like TimeCode, I to would give 10% Tithe.

I would buy a little more than 200 acres,lol. There are a LOT of people who have helped me out over the years that I would give back to. Set up a scholarship for our local High School, There were a lot of kids that graduated this past year with my daughter that had over a 3.5 GPA and still could not afford to go on to collage.

But it's just a dream, so I will keep on keeping on.:rolleyes:

Glad to see I'm not the only one who would tithe.

Sadly, I'm broken. My love for people isn't as strong as it is for animals, hence the wildlife preserve. I applaud you for wanting to help people out. :)

So would you keep working on PCs? :D

lward1
08-25-2009, 01:08 AM
Tim,

lol, I would work on my own, maybe.
I do love it, I just dont think I could work with some of the people I have had to deal with, knowing I had a couple mill, in the bank.

Alexander,
I will be praying too.
The above is not entirely correct. Although prayer is free, it is Not always easy or quick, nor does it absolve responsibility.
There are more people than either of us could count, who are off their knees and actually doing "nothing" except collect a check that you and I pay for.

And please don't "go back to my communist/socialist/atheist forum":o

dhrandy
08-25-2009, 01:34 AM
I would buy a Mac to play with and do PC work when I ran out of hobbies. :D And probably build a top of the line desktop, have an awesome 500tb+ server setup and automate my whole house. It's really hard to say what I would do.

TimeCode
08-25-2009, 02:01 AM
so pray for me if you wish, but you are wasting your time :)

If prayer is a waste of time, I would be glad to waste my time on you. :)

Ok, that is the last thing I'll say on this subject and this thread for that matter. You're welcome. :)

Kenhelms
08-25-2009, 02:47 AM
If I won that much money....

I dont prescribe to the whole organized church thing, so no tithing...but I would donate/loan/etc 10-15% to Kiva

another 10% to a local non-profit I favor
10% to playpower(im a sucker for the underdog)

reinvest in existing business.
Vacation.

Hide the rest.

I like my life the way it is, In my expirence large sums of money changes the way that you live it.

NickCat11
08-25-2009, 02:19 PM
I like my life the way it is, In my expirence large sums of money changes the way that you live it.

I couldn't agree more...

Bryce W
08-25-2009, 07:23 PM
Something I have found is that most rich people who dont have to work, keep working anyway because they are doing something they love.

I would personally invest it into houses and perhaps sit on some term-deposits. You know, if you deposit only 3 million of that for 1 year in a term deposit account (basing it off 4.5%) you would make $135,000 a year in interest.

Sevdog
09-05-2009, 03:15 AM
I would build and run an indoor and outdoor soccer complex. I would spend all my time there. Of course there would be other cool stuff there too including a computer lab. My work would be play and would benefit others.

tburnelis
09-05-2009, 04:19 AM
First thing I would do is hire the following: Accountant, Lawyer, and Financial Advisor. The main reason: I have no clue how to manage that much money.

Next is Family, all of mine and my wife's immediate family would get a trust fund setup, My goal would not to make it so they don't have to work, but to make it so they will never have any money problems. In addition to the trust funds, each member would get the maximum allowed Cash gift, without having to pay taxes on the money.

Next all the kids in my immediate family would get College funds, enough to cover any school they could possibly want to attend.

Next on the list would be something for me and my family, all debt would get paid in full, we would buy a house (paid in full) and replace our cars (paid in full). Then working with the accountant and financial advisor, we would come up with an investment plan to generate our income stream, and with no debt, this would be our money to have fun with and do with what we please.

Then, time to give back. 2 things close to my wife and I are Cancer and Heart disease, a large portion would be given to foundations which support the research to help prevent and cure, and some more to the foundations which help care for and provide families who can not afford care, to get the help they need.

Once that is all complete, they rest will be split up into a few different funds and trusts, for either fun and leisure, or "Retirement".

Then, throughout the year, we would take a trip once a month, for a week or so, so we can travel the world.

I would also have the time and money to start my own tech business full time, instead of working on the side.

NickCat11
09-05-2009, 02:05 PM
Sounds like you have quite the plan :)

iisjman07
09-05-2009, 02:19 PM
I changed my mind, I'd build a 100acre pc+mac repair center, and also have a moon base

NickCat11
09-05-2009, 08:05 PM
I changed my mind, I'd build a 100acre pc+mac repair center, and also have a moon base

100 acres! That would be one helluva repair shop. A moon base would be cool :)

indiansword
09-05-2009, 11:21 PM
i wud work the same amount that i was before.... at the same time i will enjoy my life more ofcourse. Because, when you work, thats when you understand that value of the money that u've won just because of ur luck. And if u stop working and just keep enjoying those money then the charm of money wud disappear...

NickCat11
09-06-2009, 01:08 AM
Lotteries have the worse odds against winning than any other type of gambling. Sure, lotteries do have the biggest pay outs for small bets, but did you know that most lotteries only pay out thirty cents for every dollar collected?

This is a significantly worse payout than most casinos, slot machines, office pools, race tracks, and even dishonest bookies.

Most lotteries are run by local or national governments to raise revenue for public services, such as schools or roads. Lotteries have unusually low returns of winning, because lotteries are required to have large profits to pay for these public services.

Lotteries sell the hope of winning huge sums of money at an astronomically high odds against winning. Therefore only people, who do not have much money, are more likely to buy lottery tickets for a better life or to pull themselves out of poverty. Thus, the people who need their hard earned money the most are most likely fooled.

Lotteries are a tax on stupidity.

Lotteries take money from people who have the least amount of money and people who least understand their odds of winning, and redistribute the lottery proceeds to pay for public services just like an optional tax for those who can be fooled. Simple put, the lottery is a stupid manís tax.

Governments should not be in the business of deceiving those people who can least afford it.

There is something wrong with this, stop wasting your time day dreaming about winning the lotto.

The chances of winning big are 120,000,000 to 1.
That means you have better odds of being murdered 9120 times this year..

Work on your business, grow your business, don't waste time on bullshit like this.

OK man, the point of my poll here was just hypothetical and to be fun. I'm pretty sure everyone here understands the lotto is a long shot. Don't get me wrong, if the lotto gets up to 250 mil again, I'm putting my 5 bucks in for that one in bazillion chance because "you never know". IMO there is nothing wrong with that. Does that make me or anyone else who plays stupid like you say? I hardly think so. Lighten up a little bit. It's ok to day dream once in awhile :)

Kenhelms
09-06-2009, 01:16 AM
Most lotteries are run by local or national governments to raise revenue for public services, such as schools or roads.

Lotteries take money from people who have the least amount of money and people who least understand their odds of winning, and redistribute the lottery proceeds to pay for public services just like an optional tax for those who can be fooled. Simple put, the lottery is a stupid man’s tax.


your in Michigan... I would have thought that you would be the LAST person that is saying that we need to trim funding for public services...which the lottery greatly helps.

Just encase you didn't know...your state is going broke after all. Don't worry mine is too.

indiansword
09-06-2009, 02:51 AM
Lotteries have the worse odds against winning than any other type of gambling. Sure, lotteries do have the biggest pay outs for small bets, but did you know that most lotteries only pay out thirty cents for every dollar collected?

This is a significantly worse payout than most casinos, slot machines, office pools, race tracks, and even dishonest bookies.

Most lotteries are run by local or national governments to raise revenue for public services, such as schools or roads. Lotteries have unusually low returns of winning, because lotteries are required to have large profits to pay for these public services.

Lotteries sell the hope of winning huge sums of money at an astronomically high odds against winning. Therefore only people, who do not have much money, are more likely to buy lottery tickets for a better life or to pull themselves out of poverty. Thus, the people who need their hard earned money the most are most likely fooled.

Lotteries are a tax on stupidity.

Lotteries take money from people who have the least amount of money and people who least understand their odds of winning, and redistribute the lottery proceeds to pay for public services just like an optional tax for those who can be fooled. Simple put, the lottery is a stupid manís tax.

Governments should not be in the business of deceiving those people who can least afford it.

There is something wrong with this, stop wasting your time day dreaming about winning the lotto.

The chances of winning big are 120,000,000 to 1.
That means you have better odds of being murdered 9120 times this year..

Work on your business, grow your business, don't waste time on bullshit like this.


Couple of things are already discussed after ur post.... one more thing that i wud wanna say is,

It is not necessary that the one who doesnt have much money is the only one that plays lottery. PERSONALLY, i have enough of money to live life with fun and luxury, but still i wud pay those 5 or 10 bucks for lottery NOT JUST BECAUSE OF MONEY BUT ALSO TO SEE IF I AM THAT LUCKY TO BE CHOSEN ONE OUT OF MILLONS. :rolleyes:

Kenhelms
09-06-2009, 04:37 PM
I never said trim funding for public services, I would gladly pay more direct taxes for public services, and yes I know about my states situation unlike some others, I'm not ignorant. :cool:

that's my point, we would pay more directly because we can, and because we understand the need for the funding. However those that can not pay the extra, etc. would object.

Right now they play the lottery for hopes, because they can at least hope that their life can get better. As slim as the chances are, it does happen. Remember that broke family in shambles in Wisconsin I think it was? Just happened a couple of months ago.

How is the lottery, where you place hope in a game of odds and numbers...really that much different then placing hope in a benevolent being that has no scientific basis?

If the lottery is a dumb tax(as you stated) because the odds are so stacked against a individual....then what is a church tithe, where there is no odds and its all on faith?

While the church and government have a clear separation, they are both conscious choices to provide income to a end program.
You can witness the benefit of proceeds in the roads you drive on everyday.
you can witness the benefit of the proceeds in the church you attend every week as well.
yet in both of them, there is the possibility that proceeds are both given, and taken from people with lower monetary means.

I don't mean to try to incite anything, just trying to make a point.