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This topic in General Discussion is about What would you do if you won the lottery?.

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Old Jun 3, 2004, 10:57 pm   #1 (permalink)
arclight
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http://www.lotterypost.com/news-86475.htm

I saw this story a while back, and for some reason remebered it today. Is this not proof of the real stupitidy that exists in America today? She wins that much money, and cannot buy health insurance? Did she not have a freaking job? What irresponsible morons.
It is a pleasant thought to think that by betting a dollar or so, you might win a couple million. And I would like to think that if that happened to me, I would invest smartly in various markets, buy a few nice properties here and there and really go all out on a few of my own business ventures.
At the very least, I do not believe I would end up deep in the hole with only a trailer home to show for it. I think I would manage to break even.
But... Am I the stupid one, because I won't even bet the first dollar? I just happen to think people who play the lottery are as idiotic and irresponsible as the morons who buy twenty packs of cigarettes and then break out the welfare card to pay for milk and bread. Or maybe I need to loosen up, 'cause hey, its promoting the social good, right!?


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Old Jun 3, 2004, 11:06 pm   #2 (permalink)
Mia
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I want look this up, but a friend told me of a news story about how the majority of huge lotto winners end up bankrupt. How can anyone be that stupid, much less so many?

It was a good idea for the economy, though. Apparently all of the money won gets spent!


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Old Jun 4, 2004, 01:02 am   #3 (permalink)
miguetoo
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me win..? sleep.. eat.. school.. eat.. sleep..
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Old Jun 4, 2004, 03:51 am   #4 (permalink)
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Get my grad degree in psyc, AND a law degree (then watch out, world!) and act in community theater and audition for real parts for the hell of it.

Start the biggest homeless shelter/counseling center ever.

Set up my family and a trust for all neices/nephews, etc. to go to college.

Travel the world.

Give heavily to charity (especially Habitat for Humanity)

Have a bad-ass wardrobe and nice house(s). The latest BMW. Some jewelery.

A boy toy (just kidding!)

The list goes on. Man, that would be cool!


"...with like-minded people one cannot discuss. With like-minded people one can only participate in a church service, and you know how I feel about church services." Ayaan Hirsi Ali
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Old Jun 4, 2004, 04:20 am   #5 (permalink)
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* Pay off all debt (parents debt too).
* Quit job.
* Move to Arizona.
* Build adobe style house like Luke Skywalker had.
* Generate my own modest electricty/water needs.
* Put whatever is left in bank, live off interest.
* Hope they never find me. No TV, No Internet. Just leave me alone.

Total cost = $100,000 - 150,000.
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Old Jun 4, 2004, 09:38 am   #6 (permalink)
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Buy a huge estate.. Buy an M4-A1,A3 off the black market and jsut have a heap of fun pretending im an SAS trooper!


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Old Jun 4, 2004, 10:26 am   #7 (permalink)
Mr.Vicchio
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I would invest some, start a video game company and make some kick ass games.


Einstein's "Theory of Relativity" is still being challenged to this day, but by consensus Global Warming is a fact... that's REAL science at work, why didn't Albert just go that route?
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Old Jun 4, 2004, 10:54 am   #8 (permalink)
Gorgo
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Can't seem to get the link.

I'd probably go back to school. Maybe go to Europe first. Give my kids a few bucks. Maybe I'd even give my ex-wife some if I won enough.
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Old Jun 4, 2004, 12:08 pm   #9 (permalink)
John
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Hmmm a million dollars if invested right.. You wouldnt have to go back to school!


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Old Jun 4, 2004, 12:35 pm   #10 (permalink)
Gorgo
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No. That's why I'd want to.
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Old Jun 5, 2004, 04:05 am   #11 (permalink)
castille
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Put 90% into property, use 5% to upgrade lifestyle, and 5% into the business.


If you won $1 million in a lottery:

At a standard approximate 10% return on property (thats low but I included factors such as shitbreak tenants, costs to learn about property investing, legal issues etc etc), you would get $100K per year. Now how exactly can a lottery winner go bankrupt? Its beyond logical reason, except humans are clearly stupid.

Christ even if you're so dumb you dont know how to invest, you could still earn $50K per year from an ING account!


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Old Jun 12, 2004, 05:46 am   #12 (permalink)
bugsbunny04
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Invest all but $200,000. Then buy a GTO, a Lunati stroker rotating assembly to make it a 392 cid, a vortech supercharger, a weiand manifold with fog nitrous bosses, and a nitrous kit with which to spray in about 400 more horse power, plus a roll cage, a set of rear wheels with slicks on them for racing, and a few gauges to put on the a-pillar, which will all cost about 55,000$. Also, I'd get a dually truck with a diesal (about $40,000), a trailer for my GTO and tools, a mini camper that can either stand alone or ride on a dually (about $20,000), plus a complete assortment of shop tools...mig welder, jacks, stands, air compressor, ect, everything but a dyno, because I wanna be able to move on no more than 2 hours notice. (about 20,000) and then I'd buy a Polaris ATV for off road fun and a Nissan Frontier for a daily driver (about 5,000/25,000), I'd take the rest of the 200,000 to a gun show, and leave with very little of it left, and plenty of toys.

...if you posted the above, you might be a redneck.


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Old Jun 12, 2004, 09:35 pm   #13 (permalink)
Gregory
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-- Buy a really nice computer (you know one of those 15000 dollar 500 jillion Terrabyte 15 gig video card ones )

-- Buy something nice for the girlfriend (hehehe.. nothing to "loosen up" a girl when you're underage to drink like buying her something expensive)

-- Build a skatepark.

-- Get a cool car.

I figure I'd still have a few million after that... suppose 3 million... I'd put 2 of it away, invest a half mil in stocks, and with the remaining money I would create my own rap CD.

YES!
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Old Jun 13, 2004, 05:27 am   #14 (permalink)
bugsbunny04
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Quote:
Originally posted by Gregory,
-- Buy a really nice computer (you know one of those 15000 dollar 500 jillion Terrabyte 15 gig video card ones )

-- Buy something nice for the girlfriend (hehehe.. nothing to "loosen up" a girl when you're underage to drink like buying her something expensive)

-- Build a skatepark.

-- Get a cool car.

I figure I'd still have a few million after that... suppose 3 million... I'd put 2 of it away, invest a half mil in stocks, and with the remaining money I would create my own rap CD.

YES!
Yup, your 14 alright. Look Skippy, define a cool car! And I happen to think your taste in music is probably, in your language, "wack", or something.

Go get some old Metallica, or Iron Maiden, or Pantera, or Slayer, or whatever. I'll send you a list of songs to download.


Clean toe caps and a filthy mouth!
Low morals and high morale!
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Old Jun 13, 2004, 08:32 am   #15 (permalink)
Gregory
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Fine, We can exhange-- My Chamillionaire/Mike Jones/Paulwall/Jedi Mind Tricks/Tupac for your metallica stuff
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Old Jun 13, 2004, 08:51 am   #16 (permalink)
bugsbunny04
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Quote:
Originally posted by Gregory,
Fine, We can exhange-- My Chamillionaire/Mike Jones/Paulwall/Jedi Mind Tricks/Tupac for your metallica stuff
I'm farmiliar with tupac, and I know what Jedi mind tricks are, as long as you mean Star Wars, but I have no idea what all the rest of that stuff is.


Clean toe caps and a filthy mouth!
Low morals and high morale!
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Old Jun 13, 2004, 09:58 am   #17 (permalink)
Plaything48
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Jedi Mind Tricks is a rap artist. Don't even start a debate about music taste.


A man has two reasons for doing anything --- a good reason and the real reason.
Let us be thankful for the fools. But for them the rest of us could not succeed
In spite of the cost of living, it's still popular.
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Old Jun 13, 2004, 05:37 pm   #18 (permalink)
bugsbunny04
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Quote:
Originally posted by Plaything48,
Jedi Mind Tricks is a rap artist. Don't even start a debate about music taste.
Watch me.


Clean toe caps and a filthy mouth!
Low morals and high morale!
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