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Old Nov 6, 2022 | 04:02 PM
  #11  
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$1.9B and likely to go up still...

It's way too much. You could argue what the right amount is.. $100M, $250M, $500M before the average person is just mired in the bullshit that comes with winning, following along the lines of Dave's posts.

Here's two options...
Cap PB and Mega at $250M-- use any additional income on those lotteries to do something. I don't know what - hunger, poverty, something. That's a whole difference discussion with 1,9B possible answers, opinions and ways to do it.
Second option, cap each draw at $250M, but, draw a second set, third set, or the case of this week, eight sets of numbers, one set for each $250M or part of. Give 8 people a chance to win $250M, which is probably more than anyone would ever need to do whatever they wanted (other than buy a professional sports team!)

I couldn't even imagine that amount. At $100M, you say things like:

I want a house on a Caribbean island (or my own island!), the French Riviera, along the California Coast, on a lake in Wyoming, and then somewhere near family to stay/visit.
I want to travel the world and visit every country.
I want to have a Bentley Continental GT, a 911 Turbo, a Range Rover, Maybach and some classics to fill out my garage.
I want to hire of staff of good people down on their luck who can take care of my properties and give them and their families some opportunities afforded by money they might not otherwise have.
I want to setup an endowment at a college, some charities, etc...
I want to make sure my family is never in need, ever!

And likely never run out. At $1B+ Do you do the same things, just 10x over? Unfathomable to me.
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Old Nov 6, 2022 | 04:13 PM
  #12  
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Originally Posted by Heyitsgary
$1.9B and likely to go up still...

It's way too much. You could argue what the right amount is.. $100M, $250M, $500M before the average person is just mired in the bullshit that comes with winning, following along the lines of Dave's posts.

Here's two options...
Cap PB and Mega at $250M-- use any additional income on those lotteries to do something. I don't know what - hunger, poverty, something. That's a whole difference discussion with 1,9B possible answers, opinions and ways to do it.
Second option, cap each draw at $250M, but, draw a second set, third set, or the case of this week, eight sets of numbers, one set for each $250M or part of. Give 8 people a chance to win $250M, which is probably more than anyone would ever need to do whatever they wanted (other than buy a professional sports team!)

I couldn't even imagine that amount. At $100M, you say things like:

I want a house on a Caribbean island (or my own island!), the French Riviera, along the California Coast, on a lake in Wyoming, and then somewhere near family to stay/visit.
I want to travel the world and visit every country.
I want to have a Bentley Continental GT, a 911 Turbo, a Range Rover, Maybach and some classics to fill out my garage.
I want to hire of staff of good people down on their luck who can take care of my properties and give them and their families some opportunities afforded by money they might not otherwise have.
I want to setup an endowment at a college, some charities, etc...
I want to make sure my family is never in need, ever!

And likely never run out. At $1B+ Do you do the same things, just 10x over? Unfathomable to me.
As a crazed car enthusiast like many of the people here I don't know where I would start in terms of vehicles, that money will buy any vehicle known to man. It would be mind-boggling.

If you win hit me up about taking care of those properties, you can trust me and I need to move South.

I would love to have my name on a children's hospital wing/building, that would be very cool and a very rewarding contribution.



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Old Nov 6, 2022 | 07:23 PM
  #13  
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My least favorite, and most favorite lottery story.





My least favorite story is from the mid 90's. My Sister-in-Law was a Nurse Practioner at the Medical College of Virginia in Richmond. She was a a cardiac specialist that had a patient in his 80's that lived his life like a hermit and had distanced himself from family and friends. He drank a case of Budweiser a day. He won $8 Million in the lottery and it did not change a damn thing in his life. He did NOT even upgrade to Michelob.



On the other hand: On the show “How the Lottery Changed My Life” I ran across a guy from a small town in Kentucky that hurt his back, and could no longer work installing fiber optic lines. He could not afford the surgery to correct the problem. So his lady friend, took a job as a cocktail waitress to help out.



He wound up winning $98 million in a lottery. He was smart enough to know that living in his small town would never be the same so he did the following:


  • He built a playground and gym at the local school
  • He bought reliable vehicles for eighteen of his friends and family members (not new vehilcles)
  • He moved to Fort Lauderdale, FL where he knew that his money would not stand out.
  • He hired a financial advisor to put him on an allowance to live off of the interest and not touch the remaining principle.


After he moved to Fort Lauderdale he bought several classic Rolls Royces. Then he realized that they need to be driven. So he started a limo company and hired three people as chauffuers to drive them. Mostly for weddings.



He then married his lady friend, against the advice of his friends. After all, she stood by him and took a job to try to earn enough money for the surgery that he needed to fix his back.



I have thought for years that when someone wins a lottery that I hope that it changes their life and that they do some good with the money to benefit others.



In my case if I win. I will donate a sizable portion to my favorite charity: The Travis Mills Foundation. https://www.charitynavigator.org/sea...lls+Foundation




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Old Nov 7, 2022 | 04:30 AM
  #14  
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^ Very cool stories Matt, I also think along the same lines as you.

During my travels through the USA, I was always moved by the St. Jude's Children's Hospital. To me that seemed like the most special place anywhere, with nothing but good intentions. Not being American I don't know everything about that hospital, I could only go by the commercials that everyone sees on TV. I always came away feeling like that was the best charity on earth. I would certainly try to help them if my thoughts are correct.
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Old Nov 7, 2022 | 06:44 AM
  #15  
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Originally Posted by zeroptzero
^ Very cool stories Matt, I also think along the same lines as you.

During my travels through the USA, I was always moved by the St. Jude's Children's Hospital. To me that seemed like the most special place anywhere, with nothing but good intentions. Not being American I don't know everything about that hospital, I could only go by the commercials that everyone sees on TV. I always came away feeling like that was the best charity on earth. I would certainly try to help them if my thoughts are correct.
The Ronald McDonald House is another great charity www.rmhc.org
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Old Nov 7, 2022 | 07:42 AM
  #16  
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I'm holding out hope that there won't be winner tonight.
I want to see the world go insane. oops oh no too late.

I just have this image of a small town hillbilly in an ex mining town where the average income is 13k per household being the winner.
well the first thing you know, ol jed's a mbillionaire...
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Old Nov 7, 2022 | 07:59 AM
  #17  
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Originally Posted by boltonblue
I'm holding out hope that there won't be winner tonight.
I want to see the world go insane. oops oh no too late.

I just have this image of a small town hillbilly in an ex mining town where the average income is 13k per household being the winner.
well the first thing you know, ol rob's a mbillionaire...
So you are saying I might win
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Old Nov 7, 2022 | 08:37 AM
  #18  
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well there is a lot of latitude in that "might" but sure if you say so.
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Old Nov 7, 2022 | 03:23 PM
  #19  
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I went over to the gas station to get my ticket.
While in line I looked at candy bars since I was Jonesing for chocolate.
Well, I guess it has been a while. $2.99 for a, as in one, single candy. not a box of candy bars. 1 candy bar.
I remember going to the drugstore and picking up candy bars for a nickel. 5 for quarter
Whiskey Tango Foxtrot.
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Old Nov 7, 2022 | 03:32 PM
  #20  
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Holy cow.
When stores first put Halloween candy on their shelves, I picked up a 2 1/2 pound bag of candy corn for 7.99. It was the only bag that size, and I never saw another one like it anywhere.
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