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  1. #1
    podcast mistress
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    Mega Millions $335 Million Jackpot tonight

    I bought a ticket. Why not?

    http://money.cnn.com/2011/01/04/news...dex.htm?hpt=C2

    I could use the cash this year!
    In my spare time, I like to interview figure skating legends.

  2. #2
    Not 'Boxxy'!
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    Yup, I have mine. (Are there any multi, multi (multi, multi, multi) millionaires posting on FSU? Hmmmmm.....)

  3. #3
    Saint Smugpawski
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    I played last week. No dice (obviously). I'll give it another shot.
    The fastest thing out of New Jersey since Tricky Nicky in a Muscovian handbasket

  4. #4
    podcast mistress
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    Theoretically speaking: is it better to take the lump sum or the year-to-year payment? I would think year-to-year, but then again, with laws constantly changing and companies going bankrupt all the time, perhaps it's just best to get the lump sum while you can get it.
    In my spare time, I like to interview figure skating legends.

  5. #5
    Skating Pairs with Drew
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    LOL! Someone just dropped off my copy of our office bets. We are a small group with little money...but...maybe one of our 45 bets will hit.

  6. #6
    Saint Smugpawski
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    I'm thinking the lump sum would probably cover my living expenses for the rest of my life.

    I only buy one ticket. One golden ticket.
    The fastest thing out of New Jersey since Tricky Nicky in a Muscovian handbasket

  7. #7

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    Quote Originally Posted by manleywoman View Post
    Theoretically speaking: is it better to take the lump sum or the year-to-year payment? I would think year-to-year, but then again, with laws constantly changing and companies going bankrupt all the time, perhaps it's just best to get the lump sum while you can get it.
    I believe it is the lump sum as you can invest it yourself. And people who win these jackpots generally - note I said generally, not always - forget that if they are not working and contributing to SS they will not have SS at the time of retirement. It is truly sad with that happens.

    The graveyard shift workers in Lincoln Ne who won the 300 million lottery jackpot several years ago, I believe have done it the right way. But then I only hear of one of the winners every year at Christmas. He selected a homeless shelter to give thousands to each year. I believe that he designates it for children to get Christmas gifts however I am not completely clear on what he designates the monies for.

  8. #8

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    I've got my ticket! A bunch of coworkers and I bought a bunch of tickets together. :::fingers crossed that me or one of my other FSUers wins!:::
    If ignorance is bliss, I'm overjoyed.

  9. #9

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    I'd take the lump sum. I'd just like to have it in my possesion, as you never know if something could happen to the lottery organization that could prevent it from making good on future payments.

  10. #10

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    I've actually known two people who hit the lotto. One, named Meg, picked the Megabucks to play on her 32nd birthday, and won 32 million dollars. Seriously. She told me she planned to keep working.

    She was gone a month later.

    The other is my husband's friend's brother. He, unfortunately, drank and etc. his millions.
    And so, dear Lord, it is with deep sadness that we turn over to you this young woman, whose dream to ride on a giant swan resulted in her death. Maybe it is your way of telling us... to buy American.

  11. #11
    Saint Smugpawski
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    Quote Originally Posted by GarrAarghHrumph View Post
    I've actually known two people who hit the lotto.
    I'll volunteer to be your third.
    The fastest thing out of New Jersey since Tricky Nicky in a Muscovian handbasket

  12. #12

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    Quote Originally Posted by Southpaw View Post
    I'll volunteer to be your third.
    I'm your third. I won 3 dollars

  13. #13
    podcast mistress
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    Quote Originally Posted by numbers123 View Post
    I believe it is the lump sum as you can invest it yourself. And people who win these jackpots generally - note I said generally, not always - forget that if they are not working and contributing to SS they will not have SS at the time of retirement. It is truly sad with that happens.
    Why is it sad, if you have millions to retire on?

    Quote Originally Posted by GarrAarghHrumph View Post
    I've actually known two people who hit the lotto. One, named Meg, picked the Megabucks to play on her 32nd birthday, and won 32 million dollars. Seriously. She told me she planned to keep working.

    She was gone a month later.
    A good friend of mine from college's parents almost won the largest in US history . . . they were two digits off the powerball number. They still got the consolation prize of $225,000, of course. They really needed it too, since they were just having to make the very tough decision of putting a parent in a nursing home, and they really couldn't afford a good one, but the affordable ones were scary.

    The other is my husband's friend's brother. He, unfortunately, drank and etc. his millions.
    That happens a lot. If I won, I guarantee you that would not be me.
    In my spare time, I like to interview figure skating legends.

  14. #14
    Alissa Fan Forever
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    I bought 5 tickets!!!

  15. #15

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    Quote Originally Posted by manleywoman View Post
    Why is it sad, if you have millions to retire on?
    because by the time they retire they have spent all of the money. and not usually on things like houses that could be sold for additional money when they have "retired" at age 65/67 whatever it is now

  16. #16

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    Quote Originally Posted by FunnyBut View Post
    I'm your third. I won 3 dollars
    That's been my largest winning to date.

    Quote Originally Posted by manleywoman View Post
    Why is it sad, if you have millions to retire on?
    I'm assuming because numbers was talking about people who win a jackpot of millions and then blow it all in a couple of years (through mismanagement, bad investments, or just going crazy buying things) and then find themselves with a greatly reduced SS when they reach retirement. (ETA: I see that numbers has just explained this herself.)

    BTW, I bought my one ticket last night -- I think there have only been three times I have ever bought more than one (and I normally only buy a ticket if the jackpot is over 50-60 million -- helps keep me from spending more than $50/year on the lottery. I sometimes see people there buying $40-50 worth at a time -- and I'm pretty sure they aren't indulging in a rare splurge, because they mention getting some of their "regular" sets of numbers.

  17. #17
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    Lottery

    Quote Originally Posted by GarrAarghHrumph View Post
    I've actually known two people who hit the lotto. One, named Meg, picked the Megabucks to play on her 32nd birthday, and won 32 million dollars. Seriously. She told me she planned to keep working.

    She was gone a month later.
    I always think that people who say that are planning on keeping a job they don't need anymore that someone else could really use! In a way, it's sort of selfish!

  18. #18
    Not 'Boxxy'!
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    Quote Originally Posted by FunnyBut View Post
    I'm your third. I won 3 dollars
    I won $100 about five years ago on a Powerball ticket and was . For some odd reason I thought bigger and better wins would follow. I think I've won the $7 prize a couple of times since.

  19. #19
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    Most of my money would go on food!!! That's where most of it goes right now. I just love good food. Oh and if I ever won a prize as big as $300 million I would hire myself a driver to take me to eat this food.

    oh and I know I wouldn't be one of those who loses his money because he gave it away to family. I can barely stand them now, so I would be "see ya!"

    if only...
    Smoke a ciggy and have some fun!!!

  20. #20
    podcast mistress
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    Quote Originally Posted by skatingfan5 View Post
    I'm assuming because numbers was talking about people who win a jackpot of millions and then blow it all in a couple of years (through mismanagement, bad investments, or just going crazy buying things) and then find themselves with a greatly reduced SS when they reach retirement. (ETA: I see that numbers has just explained this herself.)
    Isn't that interesting? Because the way MY mind works is that I'd put away a big chunk of winnings in retirement FIRST, then I'd think about what to do with the rest of it.

    Quote Originally Posted by skatingfan5 View Post
    BTW, I bought my one ticket last night -- I think there have only been three times I have ever bought more than one (and I normally only buy a ticket if the jackpot is over 50-60 million -- helps keep me from spending more than $50/year on the lottery. I sometimes see people there buying $40-50 worth at a time -- and I'm pretty sure they aren't indulging in a rare splurge, because they mention getting some of their "regular" sets of numbers.
    I buy about 12 a year, on average about one a month. Most I've won is $2, but it's fun to play. I do wonder about the folks who buy $50 at a time.
    In my spare time, I like to interview figure skating legends.

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