Mega millions

[go birds]

Up to 640 million.

Can you imagine winning that much money?

I think I saw this morning that you have a 1 in 175 million chance of winning.

I think the first thing I'd spend the money on is upgrades to grb. Can we please get a mobile version for Pete's sake!!! Then a Maserati.

[go birds]

Actually I take that back...I'd prolly just pay someone to post sweet messages all day. One less stressful thing for me to deal with.

[Freed Roger]

Mrs. Freed bought tix and I made her feel bad by making fun of the odds and her post-winning scenarios.

She didn't like when I said " can we still talk with our normal voices when we win" ...well, her voice was getting a bit reality TV show-ish when describing grandiose plans.

[tlombard]

This

[Freed Roger]

I've worked on taxes for 3 diff lottery winners - in the $2-9 mill range. Two were chronic casino gamblers-but were conservative with their winnings otherwise. (IIRC we'd deduct their documentable gambling losses on SCH A against their
lottery annuity).


The third's got pissed away on lawyer fees in family fighting over the estate.

And contrary to the stereotype of CPA's - I would definitely take a lump sum payout - or at least sell the annuity payout to someone who pays me cash upfront. F [expletive] the annuity -If I beat the long odds of the lottery, then that means the odds are also probable of the lottery system going broke, or WWIII, or armeggeddon etc

[go birds]

I've always wondered how huge jackpots get pissed away like they do and I know utter stupidity plays a part but jesus how do you blow 100 mil? To me that damn near seems impossible.

[slide_into_first]

If there are 175 million different number combinations and the prize is 640 million, almost 4 times the odds, then each $1 ticket is worth $4. Amirite?

[Freed Roger]

I've always wondered how huge jackpots get pissed away like they do and I know utter stupidity plays a part but jesus how do you blow 100 mil? To me that damn near seems impossible.

Thit down thon and thlet's talk.

[tlombard]

The people who blow it all probably get a lot of help from so called "family and friends" along with business partners who talk them into horrible investments.

I would blow it all on booze and sporting events though. Maybe go Brewster's Millions and buy a baseball team and put myself on the roster.

[Freed Roger]

If there are 175 million different number combinations and the prize is 640 million, almost 4 times the odds, then each $1 ticket is worth $4. Amirite?

No, because there could be multiple winners.