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What would you do if you won the lottery?

Discussion in 'The OT' started by Danny R, Sep 16, 2005.

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  1. Sep 17, 2005 #41 of 105
    n8dagr8

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    I'd take a small amount, maybe $30K to waste but put the rest away for at least a year.
     
  2. Sep 17, 2005 #42 of 105
    Jacob S

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    $30K would be gone quick for a truck. $200-300K gone quick for a home. Dont forget 10% to the church (would probably split that up among many of them). Anything past that would be a donation.
     
  3. Sep 17, 2005 #43 of 105
    Richard King

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    I think the best donation that could be made from such a sum is to set up a self supporting trust that kicks off income directed to the charity or charities of your choice. This could be set up to continue paying out for generations, long after the donor is gone.
     
  4. Sep 17, 2005 #44 of 105
    JM Anthony

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    I didn't win either. But I did make my family a terrific dinner tonight. Stake Diane in honor of my daughter heading off to a sorority tomorrow morning. She got the good news today that 3 of her top houses accepted her, so now it's just waiting to see which one it is.
     
  5. Sep 17, 2005 #45 of 105
    Danny R

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    Ah, sorority girls...

    Ahem. Nothing. Nevermind.
     
  6. Sep 18, 2005 #46 of 105
    Mark Holtz

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    Well, I checked the lotto tickets today. No winner.

    Oh well, it's nice to dream... even if it's an impossible dream.
     
  7. Sep 18, 2005 #47 of 105
    Nick

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    The lottery is a tax on stupidity. :rolleyes:
     
  8. Sep 18, 2005 #48 of 105
    Richard King

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    Bingo. I have spent either $2 or $3 in total on lottery tickets since the numbers racket went from illegal to the most regressive tax in the history of the country. It should go back to illegal again.
     
  9. Sep 18, 2005 #49 of 105
    SamC

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    Random lottery thoughts:

    - Yes, lotteries are a tax on stupidity. Don't play them. Don't know anybody with a job that does.

    - I always pay at the pump. Once in a blue moon I have to go inside for something and it is always the same. Genetic throwbacks taking up my time buying different lottery cards. Generally at least one that has to be told if he won or not.

    - My good friend Tim said "Money is a magnifying glass. It makes you more of what you were before. If you were a a*****e before, it makes you a bigger a*****e." Yep.

    - Yes, Jack Whitaker does live near me.

    - If I were to win the lottery (which would be weird, since I don't play it), and they made me do the deal with the big cardboard check and the politicians, I would answer "Goat Cheese" to every question. Then I would go directly to the private side of the local airport and charter a plane the h**l out of here to some place that the wealthy are more accepted.

    - The reason that most lottery winners end up broke? Lottery winners are made up of lottery players. Lottery players are stupid, and stupid people w/ money are still stupid.
     
  10. Sep 18, 2005 #50 of 105
    Jacob S

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    Jack Whitaker was already rich before he even won the lottery (if I'm not mistaken).
     
  11. Sep 18, 2005 #51 of 105
    ntexasdude

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    I think I remember he had a successful construction business.

    I rarely play. Usually it's in a pool at work.
     
  12. Sep 18, 2005 #52 of 105
    Nick

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    Good thought, Sam.

    Beer serves the same purpose. It just makes one more of what they already are. If you're a mean SOB sober, you'll likely be a meaner SOB when drunk. If, like me, you're a loveable teddy bear (ok, ok, in real life, not on line :rolleyes: ), you're even more of a loveable teddy bear when drunk. People, especially the girls, just wanted to take me home and take care of me as I slept it off on their "sofa". :)

    And, yes, I WAS a flower child of the '70s (and beyond), complete with a VW Camper Bus replete with flower decals all over, with an incredible top speed of 60 mph downhill and 50 mph up.

    You are what you are and money won't change that. If you're stupid enough to throw away your money playing the lottery every week, then you're probably stupid enough to lose all that money within 5 years (or less).

    People who play the lottery in the hopes of hitting the BIG ONE are, by the very definition of the word, losers (not loosers). Those who shrug and say "If I don't play, I have no chance of winning." are the biggest losers of all, having just leapfrogged their odds of winning from 0.00000000% to 0.00000001%, or some such infinitesimal increment.

    If you need to have false hopes to hang on to, why not increase your chances by wishing for a 40 pound moon rock to fall off the moon and land on your Pinto? The value of which would make you rich beyond your wildest dreams, not to mention substantially enhancing the resale value of your POS ride.
     
  13. Sep 18, 2005 #53 of 105
    RichW

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    Stake Diane in honor of my daughter heading off to a sorority tomorrow morning.

    Whew, and I thought college hazing was rough in my day! Hope you don't put red ants on Diane after you stake her! :) :)
     
  14. Sep 18, 2005 #54 of 105
    Richard King

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    You couldn't even fix an airplane in that thing. :lol:
     
  15. Sep 18, 2005 #55 of 105
    Jacob S

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  16. Sep 18, 2005 #56 of 105
    SamC

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    Whitaker was what you call "working rich". He probably pulled down seven figures in gross every year from his business, but he had to work every day to do that. With the lottery money he no longer had to work, and varrious of his relatives, chief among them Mrs. Whitaker, who put up with his BS because he was their meal ticket realized they could scrape off 1/10000 of the procedes and be OK. The rest is history.

    His business, BTW, was getting insider government contracts (there are no other kind in WV) to build sewers.
     
  17. Sep 19, 2005 #57 of 105
    BobMurdoch

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    I'd build a new house on the waterfront (maybe buy two houses next to each other, knock 'em down and build a massive house with a whole house audio and video system. Projection TV with decor out of the Living Seas at Epcot (ooh, Giant fish tanks maybe to boot).....
     
  18. Sep 19, 2005 #58 of 105
    Jacob S

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    Maybe if I won the lottery soon enough I would create a city called "Dish" beating them to it. Just kidding lol.
     
  19. Sep 19, 2005 #59 of 105
    JohnGfun

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    Already Done. :)
     
  20. Sep 19, 2005 #60 of 105
    Danny R

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    Hehe... a lot of people here are slamming the lottery and saying its worthless.

    I for one am WAAAAY on the plus side when it comes to lottery money, having benefited from my tuition being covered by lottery proceeds.

    So sure I might spend $10 a year on the occasional few tickets. I've still got a few thousand to go before I move into the red. And no, this doesn't make me "stupid", as its entertainment money. I easily blow far more on weekend movie tickets.
     
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