Posted on 05/19/2013 10:04:22 AM PDT by 4Runner
Nope not me...I didn’t win:-)
Let’s see how quick the winner goes broke
No...but for people to win at the stock market...some have to lose. Not everybody wins. The stock market is gambling with better odds.
Are the ticket purchases mandatory? Tax-driven “entitlement” programs are re-distributive, and if I decide not to play along, eventually men with guns are going to show up to visit me. I’ve yet to hear about this with regards to the lottery, yet you and a few others call a purely voluntary game “redistribution.” It’s very odd.
Definition of a mentality/bottom feeder: Someone who truly believes they are entitled to—and worth—vast unheard sums of money on an immense scale without so much as having expended one ounce of effort, time, experience, education, self discipline, intelligence, heartache, disappointment, fear, danger, repeated frustration, or risk in the endeavor. And our truly demented society preaches that we can—all of us—accomplish this feat just by buying a lottery ticket. Americans as a whole are the most ignorant people on the face of the earth and you all wonder why we are so hated? It’s citizens of other countries who laugh and shake their heads at who this country’s eligible voters elected TWICE IN A ROW as president. I mean ONCE could be a stupid mistake right? But TWICE??????? Yah, “stupid” doesn’t even BEGIN to cut it.
There’s “wealth” and then—there’s “redistribution”. Don’t confuse the two in your pwetty liddle head! One is earned and created through immense EFFORT and SACRIFICE. The other is LEGISLATED by LIBERALS and con artists and gambling interests. The lottery is a redistributionist tax on every one who buys a ticket and works for a living. The “winner” is the sole welfare recipient. Capisce?
A lottery ticket-buyer feels “entitled” to nothing, and he or she pays money for the chance. I get that lotteries, in general, are a “tax on the stupid.” Question becomes, why do you want to take my ability to buy a lottery ticket away?
Lotteries are voluntary taxation. The gov runs these because they get a rake off the top and then off the winner. But it is voluntary taxation.
It’s all about the odds, and one lone ticket
= = = = = = = = = = = = = =
I ‘love’ it when the newsreaders gasp “OH the odds are 75 million to 1 of you winning this prize”.
The ODDS are (dependent on game set up) 75 million to 1 whether it be a $2 or 2 billion dollar jackpot.
The PROBABILITY changes the higher it gets.
Then again when the POLS have convinced the masses that if you propose to raise someone’s budget from 4 trillion to 7 trillion and it gets ‘cut back’ to 6.5 trillion, the POLS and ‘interested parties’ will claim their budget was CUT .5 trillion from last year....
Think Sequestration BS.....
The appeal of something like Powerball isn’t like the addiction of gambling. It’s the fantasy of telling the boss to shove it, of rewarding those who have helped you, of status in a culture that increasingly respects nothing but money, etc.
Speculating in land, stocks, or anything else is gambling- the speculator is betting that they can sell for a higher price than they bought it for. The insurance “industry” is based on gambling- the insurance companies and their clients are essentially wagering on the probability of illness and accidents.
“The kind of serious societal power and influence that $590 million represents should NOT be available to any Tom Dick or Jane or Jose walking into a 7-eleven just based on chance. The destructive consequences of someone with no knowledge or ability or education or intelligence or self-discipline or managerial skill handling such enormous economic power is incalculable.”
So, only some Harvard or Yale-trained elites should have access to this much money? So, only the upper crust has any wisdom or any business having such enormous sums? We have 535 ‘elites’ and a jackass in the White House who mismanage trillions year in and year out for decades. We have banksters and other suit-clad crooks all over Wall Street who cook the books on their corporations, recieve handouts swindled from the government, and jump out with their golden parachutes after their schemes leave bankruptcy in their wake. And you maintain that someone chosen at random from the populace cannot handle money as well as some ‘elite’?
Piss be upon you. If the speculator has the right to gamble to get a profit, if the insurance man gambles that nothing bad will happen to a client, then anyone who buys a lottery ticket has a right to whatever the prize may be, great or small.
This is without a doubt one of the craziest threads I have read on FR that didn’t deal with EVILLL smokers.
Here’s a novel idea...you don’t like the lottery..don’t buy a ticket.
But the high handed criticism of people who engage in a legal activity is almost amusing..if it weren’t so sad on a site such as this.
“...I stopped playing Powerball & other Lotto games after visiting this site:...”
http://justwebware.com/powerball/powerball.html
Wow!! That site was almost like paying your taxes quarterly for the first time where you have no idea how much you pay till you actually have to write a check. That site shows you how bad the odds are really stacked against ya for anything above a few dollars.....but the fantasy continues in millions of minds...LOL
Exactly. A $2 ticket allows you to dream for a few days of what life would be like with no financial worries until the next drawing is held and the vast majority of us are left holding a worthless piece of paper. And then another $2 lets us dream again for a few more days!
Of course, some are addicted. Undoubtedly there were many who woke up this morning with the sad realization that they spent way too much money on lottery tickets last week and now they're a little concerned about how they're going to pay the bills.
I put it on “max” speed and went to town to run some errands. When I got back I had hit one $40,000 ticket. This was 2 tickets per week for 8,000+ years!
Just for fun, choose your lucky numbers and let it run overnight. I’ll do the same and we can compare our winnings tomorrow morning.
Have fun...talk to you in the a.m......panax
People who sell when the stock goes down are choosing it, they want to sell and can’t complain. They decided the stock was not as desirable as the money.
Yeah, I know what you mean. I didn’t have a winning Ticket either.
LOL
However, my Wife and I did win $5,500 on a Megabucks Slot Machine back in 1990 at the Las Vegas Mirage. Dropped in $3 and ding - ding - ding.
Haven’t won a dime since...
I played all night and did win a 2 million dollar ticket.
However, the simulator showed that I would have had to play 2 tickets per week (2,681,197 games) for 25,781 years!
I let it run most of the night until I left for work this morning.
Highest I could do was a couple of $10K wins.
I played for 3400 Years, spent $707,269, won $73,876 and lost $633,392.
As best I understand it, "that other half" doesn't exist. The 30 year payout is the result of investing the lump sum in an annuity. The lump sum is the lump sum. The 30 year payout is the lump sum plus proceeds of investment.
As best I understand it.
I could be FOS ...
Playing the lottery doesn’t look like much of a winning proposition, huh?
Think I’ll save my money and invest in ammo (if I can find any).
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