If you won the lottery, what would you do with the money?

[wolc123]

I would see if I could get my wife to agree with giving 25 % of what was left, after Uncle Sam gets his piece, to our church. Then I would pay off all our debt and the kids college costs. I would quit my day job, and spend more time hunting and fishing. We would travel a bit, maybe even to Alaska and Europe.

 

[Yander]

From the time I was eleven or twelve (until its demise) most of my weekends were spent on a fishing pier on the west coast of FL...It was a great place with lots of camaraderie...One of my parents would drop me or myself and a buddy on a Friday afternoon after school and come back Sunday afternoon to pick us up...There were always worthy adults to keep an eye on things..(The worst thing any of us wanted to hear was your name being called over the PA system saying your mom or dad was there to pick you up)...
At any rate...in 1986 a Hurricane (Charley I think) did major damage to the pier...in 1988 the FL lottery began and all of us guys that grew up and fished together pledged if we hit the jackpot we would rebuild the pier...

About 1990 some goof bought what was left and reopened as a private fishing club about one third as long as it had been...none of us joined and in 1995 hurricane Opal took it out entirely...

These days it's cost prohibitive or they don't even issue permits for new piers...especially long ones...just the gulf front property for access and a parking lot would cost a fortune...

Sounds like some good memories.

 

[MossRoad]

I know. Yet I have never bought one, and honestly don't know how to do so. As near as I can tell you wait until the busiest time of the day, and make everyone wait while you "pick your numbers."

You walk up and say ”I’d like to buy one Mega Millions quick pick, please.” The computer picks the number, it prints out instantly, you pay your $2 and off you go.

Or, you can get a slip, step to the side, pick your numbers manually, get in line, hand the clerk the slip, they run it through the machine, you pay $2, they hand you your ticket, and off you go.

 

[Jstpssng]

You walk up and say ”I’d like to buy one Mega Millions quick pick, please.” The computer picks the number, it prints out instantly, you pay your $2 and off you go.

Or, you can get a slip, step to the side, pick your numbers manually, get in line, hand the clerk the slip, they run it through the machine, you pay $2, they hand you your ticket, and off you go.

So now I know!

 

[jigs_n_fixtures]

No-one got screwed over on bitcoin.

all the people that bought ****coins got screwed. Specifically the ones that left their coins on the , luna, 3 arrows capital, and Celsius networks.

Always self custody your difi. Not your tokens, not your coins.

I always had the feeling that bit coin markets would make the crooks rich, and screw the small investors. Completely unregulated, and unregulatable. “Random” generation. Checked by who?

I had a freind who paid his way through engineering school, with ”betting advisory” service. We were going to UNLV. Had a freind who worked at Caesar’s Palace, and she would tell him the odds of events posted by the book at Caesar’s. He would recommend bets based on that. Alpha and Beta in a ten rounder, casino odds are 6:1 for Alpha. Five guys get recommended Alpha, 1 guy gets Beta. He collects $18, at $3/per advisement. If he steered you wrong he immediately reimbursed half your fee.

Fight goes down, Alpha wins, he keeps, $16.50. Beta wins, he reimburses five guys for $1.50, keeps $7.50 of their fees, plus the winning guys $3, for $10.50.

Built himself a thriving empire on suckering the suckers. Not one complaint ever. If his advice was good you definitely got the advice you wanted. If his advice was bad, he immediately refunded half the fee, because he blew it.

To the kind of folks who habitually bet on things, it was a great service.

 

[jigs_n_fixtures]

The 50% drop in value

Strike a nerve??

It never had any value. It was a bunch of randomly generated ones and zeros.

 

[/pine]

Someone or someones is going to win the big jackpot (sooner or later)...you can't win if you don't have a ticket...!

 

[jigs_n_fixtures]

If I suddenly had an extra million after taxes:

First retire for real. I’ve done the retirement once and went back to work becasue i actually enjoy being an engineer, it as at least half avocation vs vocation. The only times it is a job, are those when I have to feel with stupid non-engineers. When someone else deals with the stupids, I have fun.

Do the in-depth remodel on my house to bring it up to better than current energy codes and make it highly efficient, and convert the downstairs into an ADA compliant apartment to make it possible to age out at home, vs a “Home”. Most Americans over 50 ay they want to age at home as long as possible. About 2% do anything to make that possible..

Start a nonprofit engineering firm which specializes in doing engineering for other nonprofits. Things like developing plans for lot or small subdivision plans for Habitat for Humanity, drainage studies, and parking lot designs for churches, new suspension bridges to access Boy Scout Camps, etc. Include in the scope of the nonprofit, recruiting senior engineers, to act as mentors/advisers/supervisors of junior and senior level engineering students, doing the non-profit projects as their senior design projects. This would allow the Mentor Engineers to get exposed to the upcoming students, and let the students work on something which might actually get constructed, becasue with a licensed engineer overseeing their work, the mentor can seal the plans and specs, and have them ready for construction.

 

[MossRoad]

I have an announcement to make:

I did not match even 1 number on tonight’s Mega Millions.

That is all.

 

[airbiscuit]

I would buy an EV for Fuddy1952

 

[masscity]

At the beginning of each month I buy one ticket for each drawing for the month of all three, Michigan Lotto, Mega Millions and Power Ball.

Averages $52 a month. From memory winning the big ones the odds are 300,000,000 to one, plus or minus.

Winning a million is about 12,000,000 to one and there are about 1600 million dollar winners each year.

Do I think I will win, no, but anything is possible. One thing I know, you can't win if you don't buy a ticket.

I think about all the money I put in the urinals in all the bars I drank in and this little bit of gambling is nothing.

I have two Casinos close, one is 40 miles south and the other is 35 miles east and I have never been there gambling.

 

[lman]

At the beginning of each month I buy one ticket for each drawing for the month of all three, Michigan Lotto, Mega Millions and Power Ball.

Averages $52 a month. From memory winning the big ones the odds are 300,000,000 to one, plus or minus.

Winning a million is about 12,000,000 to one and there are about 1600 million dollar winners each year.

Do I think I will win, no, but anything is possible. One thing I know, you can't win if you don't buy a ticket.

I think about all the money I put in the urinals in all the bars I drank in and this little bit of gambling is nothing.

I have two Casinos close, one is 40 miles south and the other is 35 miles east and I have never been there gambling.

One thing you left out is that it also helps to fund your state government so that we all don't pay more taxes since you are voluntarily paying more taxes.
The reason these lotteries were formed was to provide more funds for the government.

 

[Raul-02]

Old school, eh?

Why not pay at the pump? Seriously. A credit card that earns cash back, that you pay off each month, costs you nothing, is much more convenient, and actually makes you a little extra money each time you use it. Plus, you don’t have to stand in line behind the scratch off crowd.

I can't say more in a public forum, but there'd be changes made

 

[JethroB]

Win the lottery? ... keep the Kubota L5460 open station after I buy the cabbed version, if or when the dealer can ever find one. Oh yeah, and add on to the shop to make room for both.

 

[Doughknob]

I can't say more in a public forum, but there'd be changes made

I know what your changes are! You'd go out and buy the most expensive TESLA you could get so you don't have to go to the gas station at all any more !!!!!

 

[Wakey]

A tractor for every implement sounds nice.

 

[masscity]

One thing you left out is that it also helps to fund your state government so that we all don't pay more taxes since you are voluntarily paying more taxes.
The reason these lotteries were formed was to provide more funds for the government.

Very true. We all have to spend some money to help the economy, especially our local businesses.

My older brother, passed, he spent money, but didn't like to. He had a million when he died.

I don't have any heirs, so my plan is to spend what I have and bounce the last check!

 

[JasperFrank]

I would start a company that restored 50's to 70's classically deigned, small fiberglass speed boats. I love being around the water and boats. This would be an experiment to find out if it is possible to break even restoring boats using economy of scale and a dedicated work force. I would start a youtube channel and document each re-store, what it costed and if I make any profit on resales. The country is littered with older glass boats that anyone can pick up for free.

 

[Jstpssng]

I would start a company that restored 50's to 70's classically deigned, small fiberglass speed boats. I love being around the water and boats. This would be an experiment to find out if it is possible to break even restoring boats using economy of scale and a dedicated work force. I would start a youtube channel and document each re-store, what it costed and if I make any profit on resales. The country is littered with older glass boats that anyone can pick up for free.

They're even starting to reappear, as Lake Mead recedes.

 

[fatjay]

I'd be able to fill my gas tank!

In reality, i'd buy every house in a half mile radius and bulldoze them all. Place has become to built up lately. In the past 20 years a dozen farms have gone under and developers built hundreds of houses on the land.