Powerball Jackpot $900 Million USD

M_Six · 01-09-2016, 08:50 PM

Quote:

Originally Posted by saleen556

Odds are based on how many combinations can be made out of the numbers in the game. Has nothing to do with how many play. They increased the amount of numbers by 10 in the first five numbers and decrease the powerball number by I believe 7. This made the odds go from like 1in175million to like 1 in 280million. That's why it's gotten so big. Nobody has won the jackpot since the change.

True. If 7 million people each have a deck of cards, each person's odds of cutting the ace of spades is 1-in-52. More people playing just means more people will come up with the ace.

Brain fart earlier. Must be old age.

Axius · 01-09-2016, 09:01 PM

Quote:

Originally Posted by saleen556

Odds are based on how many combinations can be made out of the numbers in the game. Has nothing to do with how many play. They increased the amount of numbers by 10 in the first five numbers and decrease the powerball number by I believe 7. This made the odds go from like 1in175million to like 1 in 280million. That's why it's gotten so big. Nobody has won the jackpot since the change.

Interesting, never knew. Thanks!

Sara · 01-09-2016, 09:07 PM

Ok, who is my new husband

Lups · 01-09-2016, 09:08 PM

I know exactly how I'd spend a million, I'd struggle to spend more than five.

I'd have no use for this since I'd probably do what ive done in the past anyway.

saleen556 · 01-09-2016, 09:12 PM

To put a visual on the odds think about a stack of phone books about 20 feet high. Then having your number chosen :-)

kscarrol · 01-09-2016, 09:13 PM

Quote:

Originally Posted by Sara504

Ok, who is my new husband

10 pm Central Sara, they haven't drawn the numbers yet! Hang in there, he's out there...

shoei · 01-09-2016, 09:22 PM

Quote:

Originally Posted by Lups

I know exactly how I'd spend a million, I'd struggle to spend more than five.

I'd have no use for this since I'd probably do what ive done in the past anyway.

There would be a fucking goat shortage, that's for damn sure...

///F80M3 · 01-09-2016, 09:32 PM

lol at people buying gt3 if they win the lotto. You can buy any car in the world with that kind of money

saleen556 · 01-09-2016, 09:42 PM

Quote:

Originally Posted by ///F80M3

lol at people buying gt3 if they win the lotto. You can buy any car in the world with that kind of money

EXACTLY. However I could get one local tomorrow. ALL the others would most likely be ordered. We don't have many ferraris or Buggatis here in Portland:-)

saleen556 · 01-09-2016, 09:43 PM

I've wanted a 911 since 84 when I saw one at the dealership in highschool. A dream car of mine.

NemesisX · 01-09-2016, 09:44 PM

My mother's gone off the deep end. She wasted $100 purchasing 50 tickets.

saleen556 · 01-09-2016, 09:45 PM

Quote:

Originally Posted by NemesisX

My mother's gone off the deep end. She wasted $100 purchasing 50 tickets.

Lol. Guy at work mentioned doing that. I told him to put it in a video poker machine and he would have a better chance of a return.

NemesisX · 01-09-2016, 09:48 PM

She'll have to learn the hard way, I suppose.

protecon · 01-09-2016, 10:00 PM

It's not called the poor tax for nothing.
People who buy tickets are often the ones least able to afford it - it's their only tangible hope of getting large amounts of money legally.

M_Six · 01-09-2016, 10:14 PM

Wow, they're up to $2 now?

ASBSECU E93 · 01-09-2016, 10:33 PM

Quote:

Originally Posted by shoei

Quote:

Originally Posted by ASBSECU E93

Form a group of advisors (CPA, Attorney specializing in trusts, Financial Advisor), claim the winnings in a Trust.

Begin to purchase R/E assets that are leased to national credit tenants under long term lease (think Lowes, Wal-Mart, Publix, etc)....

Invest considerable amounts in tax exempt bonds structured with staggered maturities that throw off tax free income for future years.

Pay off all current debt.

Buy large tracts of rural land.

Disappear after collecting the winnings.........

Guess who I'm calling if I win ?!!! So you best hurry up out of that hospital with your black socks... I might need you...

I'm home - better news than I was expecting!!

So ready to 'advise' when we split the jackpot

shoei · 01-09-2016, 10:44 PM

Quote:

Originally Posted by ASBSECU E93

Quote:

Originally Posted by shoei

Quote:

Originally Posted by ASBSECU E93

Form a group of advisors (CPA, Attorney specializing in trusts, Financial Advisor), claim the winnings in a Trust.

Begin to purchase R/E assets that are leased to national credit tenants under long term lease (think Lowes, Wal-Mart, Publix, etc)....

Invest considerable amounts in tax exempt bonds structured with staggered maturities that throw off tax free income for future years.

Pay off all current debt.

Buy large tracts of rural land.

Disappear after collecting the winnings.........

Guess who I'm calling if I win ?!!! So you best hurry up out of that hospital with your black socks... I might need you...

I'm home - better news than I was expecting!!

So ready to 'advise' when we split the jackpot

Lol... I, was unaware of this arrangement, however - duly noted sir...

And, of course, congrats on the good news...

kscarrol · 01-09-2016, 10:53 PM

Quote:

Originally Posted by M_Six

Wow, they're up to $2 now?

Yep. $2 per and more numbers = larger pots and the hype we've seen...

ASBSECU E93 · 01-09-2016, 11:03 PM

Quote:

Originally Posted by shoei

Lol... I, was unaware of this arrangement, however - duly noted sir...

And, of course, congrats on the good news...

....well...

M_Six · 01-09-2016, 11:07 PM

Quote:

Originally Posted by kscarrol

Yep. $2 per and more numbers = larger pots and the hype we've seen...

So playing costs more and you have much worse odds of winning.

shoei · 01-09-2016, 11:08 PM

Quote:

Originally Posted by ASBSECU E93

Quote:

Originally Posted by shoei

Lol... I, was unaware of this arrangement, however - duly noted sir...

And, of course, congrats on the good news...

....well...

If I could remember what show it was - there was a scene where a bunch of cops all win the lotto because they accidents printed out the same winning ticket thousands of times lol...

But each cop comes in with basically a "fuck ya'll" speech thinking they are the only winner...

protecon · 01-09-2016, 11:10 PM

Relevant.

NSFW - Language.

http://www.liveleak.com/view?i=542_1333163300

01-09-2016, 09:07 PM	#25
Sara Lieutenant General 5892 Rep 17,879 Posts Drives: A car Join Date: Aug 2007 Location: Nola iTrader: (6)	Ok, who is my new husband
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01-09-2016, 09:12 PM	#27
saleen556 Captain 234 Rep 687 Posts Drives: 2016 M3 Join Date: Sep 2015 Location: PORTLAND OR iTrader: (1)	To put a visual on the odds think about a stack of phone books about 20 feet high. Then having your number chosen :-)
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01-09-2016, 09:32 PM	#30
///F80M3 Major 659 Rep 1,095 Posts Drives: 16 AW M3 Join Date: Mar 2015 Location: NYC iTrader: (0)	lol at people buying gt3 if they win the lotto. You can buy any car in the world with that kind of money __________________ 2016 M3 Alpine White / Sakhir Orange BM3 Stage 2 / AWE Exhaust (Non-Res) / VRSF Cat-less Downpipes / CG Precision Valve Control / AFE Drop In Filters / 20% 3M Tint / Blackvue DR650GW-2CH / Escort Redline (Blendmount)
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01-09-2016, 09:43 PM	#32
saleen556 Captain 234 Rep 687 Posts Drives: 2016 M3 Join Date: Sep 2015 Location: PORTLAND OR iTrader: (1)	I've wanted a 911 since 84 when I saw one at the dealership in highschool. A dream car of mine.
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01-09-2016, 09:44 PM	#33
NemesisX Captain 321 Rep 905 Posts Drives: '19 Infiniti Q60S Join Date: Jul 2009 Location: TX iTrader: (0)	My mother's gone off the deep end. She wasted $100 purchasing 50 tickets.
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01-09-2016, 09:48 PM	#35
NemesisX Captain 321 Rep 905 Posts Drives: '19 Infiniti Q60S Join Date: Jul 2009 Location: TX iTrader: (0)	She'll have to learn the hard way, I suppose.
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01-09-2016, 10:00 PM	#36
protecon *May contain nuts 197 Rep 286 Posts Drives: 2010 X5M MCB Join Date: Sep 2015 Location: Downunder iTrader: (1)	It's not called the poor tax for nothing. People who buy tickets are often the ones least able to afford it - it's their only tangible hope of getting large amounts of money legally.
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01-09-2016, 10:14 PM	#37
M_Six Free Thinker 19698 Rep 7,561 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	Wow, they're up to $2 now? __________________ Mark markj.pics "Life is uncertain, eat bacon now." -UncleWede
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01-09-2016, 11:10 PM	#44
protecon *May contain nuts 197 Rep 286 Posts Drives: 2010 X5M MCB Join Date: Sep 2015 Location: Downunder iTrader: (1)	Relevant. NSFW - Language. http://www.liveleak.com/view?i=542_1333163300
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