why would I burn $24 in something that is a well known scam? This people make so much money out of the dreaming idiots that pay for the ticket that to avoid issues with the IRS they MUST donate a portion of it to charities and scholarships.
Yeah, I mean like people either begging you or suing you to get a piece of the action. Maybe even people you never met before.
If I ever won the lottery, I'd donate most or maybe even all of it to a worthy cause just to troll people and get them to leave me alone.
It depends on the prize AND the publicity you get as a result of it, if you become well known as the jackpot winner then, yeah, there is a chance someone dear to the winner will get kidnapped or something.
Most of the time, winners of large prizes end up back to having zero due to poor money management skills so criminals have a very small window to cash on the 'winner' before the prize is burned up in luxuries.
you can get an annuity or a lump sum, the issue is that lump sum hits you with like 60% tax (in the US) and annuities are limited to the 'winner' lifespan: if the winner dies, the lottery no longer has an obligation to pay the prize to anyone.
Depressed schizophrenic here, it only takes one combination of numbers to win the jackpot so what is the point in buying more than 1 ticket. If I won I would send my grandmother on a vacation that would let her see everything she wants to before she dies and move to a remote area in Montana with my family as I am most comfortable when I'm at home without the worry of work or school.
Reminder that gambling is sinful and you buy lottery tickets you will have to repent or answer to God
Sure, but then the state and the city want their cut.
In any case, taking the lump sum (and taking the massive tax hit) is only worthwhile if the amount you win would be a ridiculous number you'd never otherwise make in your life.
If it was 2 million dollars, or 5, or really anything less than 20, I would take a monthly/yearly pay out.
which will cost you 350 mil which is literally 40 million less than you would get with the cash option after taxes, anyone rich enough to do this wouldn't bother as it's not worth the headache.
>it only takes one combination of numbers to win the jackpot so what is the point in buying more than 1 ticket
because buying two tickets would DOUBLE your change to land the set of numbers required to win