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So many people buying powerball tickets...

Discussion in 'Model S' started by Parker Andrews, Jan 13, 2016.

  1. Parker Andrews

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    ...I had to park at a gas pump to get one myself!!!
     

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  2. kevincwelch

    kevincwelch Active Member

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    Hmmm. $1.5B? Might as well.
     
  3. kort677

    kort677 Active Member

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    so you EVed a gas pump? SMH!
     
  4. WentOffGrid

    WentOffGrid Member

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    Now that's funny!
     
  5. Parker Andrews

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    Haha Yes! All the storefront spots were jam packed so I guess gas'ed a spot.
     
  6. S'toon

    S'toon Knows where his towel is

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    My brother lives in the US so I had him buy me a ticket. No expectations of winning, but it amuses me.
     
  7. AMPd

    AMPd Active Member

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    Id buy a ticket but I'm not a lucky person.
    In fact I'd probably not even get 1 number correct :)

    Edit: I meant lucky as in winning something, I feel extremely blessed to be living the life I do, it definitely could be worse.
     
  8. Max*

    Max* Autopilot != Autonomous

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    The lottery is a tax on the mathematically challenged.
     
  9. S'toon

    S'toon Knows where his towel is

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    This is true. Disproportionally lower income people buy lottery tickets.

    I must note however there was a Berkeley mathematician who bought a lottery ticket to prove how bad the odds are of winning a lottery ticket, and he won $22 million.
     
  10. Ryan H

    Ryan H Member

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    Which means less taxes on the mathematically astute :smile:
     
  11. Johann Koeber

    Johann Koeber Member

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    Not really.

    It has a unique Risk/Reward ratio. Where else can you win so much with so little investment?

    An duntil the numbers are drawn you get the benefit of dreaming you might win and become rich. I guess THAT is the main benefit.
     
  12. Max*

    Max* Autopilot != Autonomous

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    It sort of is. Because as S'toon points out (which is true, btw):

    In addition the lower income population will spend more money (i.e. if I get 20 tickets I have a higher chance of winning the lotto!). While mathematically that's true that if you have 20 tickets you'll have a higher probability of winning the lotto than if you only bought 1 ticket, realistically they both approach 0.

    Both chances are slim to none, so why invest $20? $50? $100? etc.

    No argument about that.
     
  13. freeewilly

    freeewilly Member

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    The first big item for lottery winners are buying a car they want. I already have a car I want... Maybe I will upgrade my car, but still a Model S.
     
  14. cmu5p

    cmu5p Member

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    If I invest 550M and buy every possible combination, I'd be guaranteed a win and would double my money on today's jackpot. Unless more than one winner.....in which case, I'd be bankrupt. Still......
     
  15. swengl

    swengl Member

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    I'd upgrade my house: put solar panels on it and prep for a PowerWall install ;). Then I'd go out and plunk $$ down for a loaded Model X to replace our hybrid SUV. One can dream....
     
  16. Max*

    Max* Autopilot != Autonomous

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    #16 Max*, Jan 13, 2016
    Last edited: Jan 13, 2016
    $584+M to be a little more exact. But you're forgetting about taxes.

    With every combination, you'd also win the $1M prize 25 times, as well as each prize below it multiple times.
     
  17. S'toon

    S'toon Knows where his towel is

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    #17 S'toon, Jan 13, 2016
    Last edited: Jan 13, 2016
    Number 1 priority, before even claiming the prize, would be find some place else to live. Somewhere where no one knows me. There's that people you don't even know hounding you for money.

    I'd probably take the entire 6 months you have to claim winnings. Got to have the plans in place beforehand.
     
  18. Lump

    Lump Active Member

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    I caved to peer pressure & bought a whooping $10 worth, 2nd time buying lotto tickets in the last 15 years.

    1. Hire security detail for wife & kids
    2. Move into a ritzy hotel
    3. Team of Lawyers & Accountants :mad:.
    4. Keep a low profile for as long as possable.
     
  19. Cottonwood

    Cottonwood Roadster#433, Model S#S37

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  20. S'toon

    S'toon Knows where his towel is

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