So the jackpots up to 1.4 billion. Ive never even played the

Gonna spend my entire tax refund on powerball tickets!
I was always told it's a good idea to invest your refund.

>>25698935
What's the difference between 1/292,000,000 and 60/292,000,000?

I just play in smaller contests for free shit and win often. I don't even need to work but I like my job. I hope a big investment firm wins it or a slutty black woman

>>25698988
The odds of you winning are 60 times greater

>>25699046
60 * practically nothing = practically nothing

>>25699029
Why a slutty black woman? I'm a poor black woman but not slutty. >>25698935 Yeah OP I feel "overdue" for a win as well.

>>25699056
60 * practically nothing = practically nothing * 60

>>25699214
The true statistics don't matter much, your returns diminish after a few plays. No reason to play more than 2 or 3 lines.

File: Episode-8-No-Hope.jpg (231KB, 918x358px) Image search: [Google]

231KB, 918x358px

Who here /finally able to buy love/

I got ten tickets, gonna get my girl and her best friend pregnant in a decade or so after I win, always wanted a sisters wives thing but not Mormon or charismatic enough to make it work

I bought five tickets. When I win I'm gonna make a thread on r9k and give everyone who posts in it $1000. Dubs, $10,000. Trips, $100,000. Beyond trips, $500,000.

yeah, getting my tickets either this afternoon or tomorrow
>>25699614
enjoy paying millions in child support and possibly also alimony. I would probably just go to Amsterdam once every couple months, have the full gf experience with a high class escort for a day or two, then fly back. when you're that rich, finding a female who won't extort you for all she can is essentially impossible

I spent about $20 on tickets. Never played any kind of lottery before, probably never will after this, so why not.

We should start a robot pool where /r9k/ members can contribute to a big lot and split the earnings among the winners. imagine if 1.4b was split up even 100-200 times.. it's still thousands of dollars to share

>>25700388
lump sum is probably about $600 million after taxes
split up 500 times (max number of posts in a thread), that's $1.2 million per robot
not a bad idea m8

File: winning-the-lottery.jpg (59KB, 770x433px) Image search: [Google]

59KB, 770x433px

>tfw God is preparing for someone(s) very deserving to share in this world first jackpot

File: 1415821098448.jpg (44KB, 199x253px) Image search: [Google]

44KB, 199x253px

>>25700619
>inb4 chads who already has everything just buys a ticket for fun and wins
i know its going to happen

I feel like even if I win people I don't even talk to anymore will call me up, then if I refuse them money they'll spread shit about me and even strangers who ask for money will start spreading shit then news agencies will look up my personal life somehow and then I'll get murdered.

File: pepe_holding_feels_guy_hostage.jpg (30KB, 500x328px) Image search: [Google]

30KB, 500x328px

http://www.foxnews.com/us/2016/01/07/188m-powerball-winner-has-risked-fortune-bailing-out-ex-con-boyfriend.html

Only the most deserving

>>25700933
>http://www.foxnews.com/us/2016/01/07/188m-powerball-winner-has-risked-fortune-bailing-out-ex-con-boyfriend.html

Even if most people don't approve of how she spent a small sum of her money, it's nice that someone poor can enjoy it until it runs out. We don't truly know what we'd really do with the money - as much as I'd want to start up an empire of some kind it'd still take years of hard work to establish it. Chances are if one of us robots won, we would just be lazy and not do much with it.

>>25700445
Are you dumb? They dont give you the full value lump sum the 1.4 bil valuation is based off the tvm of the money. Kill yourself

>>25701109
You're the dumb one. You clearly don't know what the "lump sum" option is.

File: cantdodgetheodds.png (446KB, 492x479px) Image search: [Google]

446KB, 492x479px

Its already up to $1.5 Billion ($930 million cash value) and still 31 hours before the draw.

So if there is a single winner, by then it could literally be over a billion dollars actual money before taxes.

I bought a bunch of tickets in the hopes I can match the first 5 numbers, because in Cali that prize depends on tickets sales, and could reach like 14 million divided among everyone who wins the prize

File: 1348852375054.jpg (200KB, 964x642px) Image search: [Google]

200KB, 964x642px

And meanwhile at lottery headquarters

>>25701193
I just explained the total valuation of the lotto is based on tvm. Taking the lump sum means you get the money and in x amount of years invested at market rate it will be worth 1.4 years before taxes. You fucking idiot, your father changes the topic when you come up in conversation. You only get 1.4 bil if you take the annuity. Just kill yourself

>>25701328
Your father changes subjects when you come up in conversations is a great burn

>>25701328
>Taking the lump sum means you get the money and in x amount of years invested at market rate it will be worth 1.4 years before taxes.

You're not making any sense. You have annuity or lump sum (which is worth less than annuity) options. Idk what the fuck you're trying to say.

>>25702173
He's saying the annuity is just the lump sum with interest and that is the value advertised to make the lottery more exciting.

>>25702259
Oh...who the fuck cares?

This stuff isn't international, is it?

>tfw no 1.5 billion dorra prize

>>25698988
1/292,000,000 =/= 1/4,866,666~

There is a difference fag

If you get the 600M lump sum

WHERE DO YOU FUCKING PUT IT

>>25702817
Usually you set up 2-3 bank accounts with the best "CDs" you can afford and you fill up those accounts to their limit, then the rest either goes into stocks or hedge funds.

Unfortunately you can't physically put that kind of money somewhere, and banks have limits because if they go bankrupt they don't want to end up paying $600 million to some asshole who lost his money through the bank.

It makes you wonder how rich and famous people handle their money.

>>25702817
You hire a fucking financial adviser who will tell you everything you need to know.

>>25702817
i would hire people to make video games for me

>1.4 billion
>tfw they still tax the hell out of it so you're getting just over half if that
Literally why?

if i won that i'd isolate myself in a beautiful tropical location and have slaves go out into chad's world to bring me whatever i needed, i'd have a mansion and live in 1/2 1 day and then in the other the next to rotate my cleaning slaves when im not in the 1, 1/2

i would have 1 personal slave that i would see, who would have to be really short and ugly that is my intermediary

that would be the only other person to see me, then i could live my entire life facing the ocean (with no chads on the beach) or any other shit obstructing my view

and i wouldn't have to see a chad or a disgusting woman ever again

File: 1448395365574.png (469KB, 640x960px) Image search: [Google]

469KB, 640x960px

>>25702971
Don't take the lump sum, dingus. Or do, that's still a shit ton of money that you can use to just make more money than you would ever earn.

>>25703017
>Don't take the lump sum, dingus

No, take the lump sum

If you don't you are a collosal retard, and I'm not even joking when I say that

>>25703049
Just try not to get hit by a bus, or you can probably work with one of those lump-sum businesses and have them compete to give you the best rate. I'm sure they'd love to give you more than the taxed cash rate in exchange for the annuity

>>25703017
>take annuity
>economy collapses
>sorry, we can't pay you any more
real smart. if you take the lump sum, you can invest a large chunk of it in rare metals, property, etc, things that will always have at least some value. that way, even if the dollar dies completely, and the US descends into utter anarchy, you'll still be able to live in comfort and security

>>25700859
The 2002 powerball, which was the largest jackpot at the time, went to a guy who was already worth 17 million and who bought the ticket while getting a sandwich and getting fuel for his car.
So yeah. Kayne West is probably going to win this shit.

>>25702931
I would make a $10,000 gba fire emblem hack.

>>25703205
never gonna happen, tinfoil man.

>>25703227
I forgot, this board is full of underage faggots who were still shitting in diapers in 2007-08

>>25703272
it was training pants, not diapers.

>>25703223
I would make a $20 million revolutionary RTS game

File: shemitah-graphic2.jpg (1MB, 3000x2400px) Image search: [Google]

1MB, 3000x2400px

>>25703321
Same. Partner with Google to make a 1:1 scale of the entire world, advanced AI so you can be involved at whatever scale makes you happy. Zoom in for squad based control, first person shooter, Wargame scale, built in naval and air support

Then find a way to make it so you can multiplayer thousands of people simultaneously

>>25703406
supcom cost $10 million, you're talking like a 200 million budget

my idea is just 3D environments and movement, combined with tactics-level combat like company of heroes or similar

>>25703491
$200 million would be chump change for what I'm imagining. I'd spend it

>>25698935
>paying the stupid tax

All of you are retarded.

>>25703520
You'd also need a good development team, it would probably be pretty difficult to get started if you have big ideas and big money but no development knowledge at all

>>25698935
Why doesn't some rich person just buy 100 million worth of tickets from all over the country?

>>25702929
How do I find the best Asian financial advisor without being sued for being politically incorrect? The last person I'm going to for financial advice is some jew or white guy.

File: smugpajamaboy.png (126KB, 256x256px) Image search: [Google]

126KB, 256x256px

>>25703555
>le stupid tax

>>25703561
I would spend it. I would buy the best. I have zero development knowledge but would have money and the ideas and the sense to listen to advice. Even if the game needed top of the line computers to run I would create centers where people could come to play it. There would be VR sections so you can play the FPS, cockpit simulators so you can do aircraft and tanks.

File: 1452370355190.jpg (230KB, 1430x1430px) Image search: [Google]

230KB, 1430x1430px

>>25703652
>an eccentric billionaire will never sacrifice his entire fortune to make a 100% from the heart AAAAAA genre-defying game that will not be topped in the next 20 years
get on it notch

>>25703712
Why do all these fucking assholes have all the motivation to live for getting money

>>25703580
That would be a bad investment. Rich people are obsessed with good investments. The lottery is your only chance to get millions with less than 10 bucks. They wouldn't feel too happy if they didn't win with just a few tickets.

>>25703593

No need. If you win the lottery that's pretty much all your luck. Even the experts can't beat market average. Just buy mutual funds and call it a day. Just buy 100% allocation into VTSAX or the institutional equivalent. That's all anyone needs to know, whether you have $10k or $10 billion, you will not beat average. Average is literally average, it's unbeatable, because at some point regression towards the mean will fuck your shit up. If you hate vanguard for some stupid reason just get any broad us based mutual fund. Even just tracking the s&p500 and or djia will give you a good enough run.

>>25703867
Bruh I have no idea what you just said.

>>25703049
Annually = less tax = more money overall. Anyone who says lump sum is the better choice is an idiot that will blow it all in a couple years

>>25703952
Deprecition though

>>25703952
Choosing annuity is like being a financial cuck

>stay beta

>>25703968
They increase the annuity 5% every year

>>25703895

I'll repeat it then. Two words:buy VTSAX. Think of it as a stock that is all the stocks. Diversity is good in a portfolio, right? You can't get more diverse than owning everything. This is how you guarantee average. Buy all the stocks, then make all the stocks one 'stock'. This one 'stock' will always be average returns.

It's really that simple. vanguard.com, buy VTSAX. Buy and hold, then enjoy something in the neighborhood of 10% return averaged over the years. Say you buy and hold X years, you could gain 30% one year, lose 50% another, it's not money, it's position, or ownership of companies. Over time your average becomes average-er. Gain of 30% or loss of 50% don't matter when they are actually a gain of 10%. Buy and hold then sell as needed. Market timing is even dumber that picking individual stocks. VTSAX is a lifetime commitment and the best choice you will ever make it your life.

I bought 150 tickets ($300) for the last drawing. I won $12, and put the $12 I won back in for tomorrow's drawing.

>>25703952
There is a ceiling on your tax rate. Once you exceed this it makes no difference. Take the hit, cry once, then invest and see it grow. Otherwise by taking the annual payout is a cuck and letting them enjoy investing and profiting from your money. You have to think about money in terms of your entire life span. More money over a lifetime is better than less. Cost/benefit analysis 101.

>>25704105
Great investment friendo.
Kek

>>25704106
Both of you are wrong, lottery and gambling winnings are taxed differently than income you stupid fucking cunts.

>>25704139

We'll see who's laughing when my $312 becomes $1.5 billion

>>25704162

Not really, a percentage is a percentage. Earned, unearned, winnings, it's all taxed the same way, by percentages.

>>25704052
since you seem to know this shit

I've got money set up in VGHAX, VFIAX, and VMRGX (not sure exactly how much, but a substantial amount) and 1504 shares (right now ~150k) in exxon stock

is there a better place to put this money? i'm definitely doubting putting so many chips on oil stocks right now, but my parents say it's fine (they have stock in exxon too) but i don't necessarily trust them since they aren't financial analysts or anything

>paying the retard tax

>>25704196
Absolutely wrong its not treated as income so the percentages are much different.

File: 1445905258867.png (82KB, 197x187px) Image search: [Google]

82KB, 197x187px

>>25704105
Just left a 7-11 dude in a pool just brought 36 ticket over 700 combinations.

Can only afford 15 at a time.

>>25704196
Well, state lottery taxes are far less than normal state tax. But like the anon you quoted said, take the fucking hit and take the lump sum. It's like you guys are forgetting it's 600 million fucking dollars. You need to take the lump sum and immediately plan out and pay for a large business - you can't really do that with annuity.

>>25704296
Shut up stupid the tax isnt different on the annuity. The entire winnings are taxed for their lifetime. For one a million dollars goes to the store that sold the ticket. You "make" more with the annuity because of interest taxation is the fucking same daft retard.

File: image.png (1MB, 1187x899px) Image search: [Google]

1MB, 1187x899px

>>25704165
>said every retard who played last week

>>25704213
Oil is smart right now. It's at a low. Spikes during summer.
Water is a very underrated stock to keep your eyes on. Food for thought.

>>25704052

You'd have to be a gigantic idiot to have a 100% stock asset allocation if you won the lottery.

When you have that much money, you aren't looking to get capital gains, you're looking to preserve the wealth and that means extreme diversification, especially in to safe assets.

You'd want everything. Stocks, bonds, CDs, TIPS, real estate, precious metals, and everything else you can think of.

>not taking the lump sum

Have fun when the USA becomes a third world country in 20 years after Bernie wins the election and the states raid the lotto funds to stay solvent, also hyperinflation means you're now a millionaire pauper.

Meanwhile I'll take my 600 million and invest in such a way that only global armageddon could strip it away

>>25704356
>Shut up stupid the tax isnt different on the annuity.

That's not what I said in my post at all. You're claiming the taxes are all the same and they're not - period. My state's tax is almost 10%. Lotto tax is 5%. Different percentages. And why is it so important to get a little more than 600 million dollars over a lifetime? You never know what the future holds so fuck annuity.

trump's biggest money-laundering scheme to-date t b h

>>25702817
buy a safe the size of a fridge or something and keep however much it can hold in there

rest goes in the bank, i have no idea what the fuck its called but you wanna put some of the money in the shit that makes it grow over the years because your money will be worthless 10-20 years from now.

>>25702928

>It makes you wonder how rich and famous people handle their money.

Saw a documentary about one of those generic nigger superstars you have in the US. He had wads of $$ all over his floor in every room of his mansion.

>>25704448
God youre such an idiot its not worth speaking to you. Your 5% state lottery tax means jack shit, federally lottery jackpots are charged the same.

File: maxresdefault.jpg (76KB, 1417x781px) Image search: [Google]

76KB, 1417x781px

>someone from r9k winning
>I'll spend it on drugs and vidya and shitpost in my million dollar house

>>25704637

>living in jewkike america
>pay for 1 ticket
>win $2 billion
>but because of jewkike laws, tax is $3 billion

oy vey

>>25704649
>implying I wouldn't buy 4chan and backtrack everyones IP so I can kidnap all the qtboys to fuck in my giant mansion

No I'm not a sad fucker who spends their whole cash flow on lotto tickets

>>25703017
>Taking the annuity
>Gambling that you'll live 30 years to collect it all
>Gambling even more that your tax rate won't increase to as high as 90%

Yeah, that's a smart plan there.

Take the lump sum. After you pay taxes once, it'd be (roughly) $570,000,000, assuming a $930,000,000 lump sum. Then you can invest it and pay significantly less in taxes, since it's capital gains, not income.

File: 1432259490310.jpg (68KB, 700x700px) Image search: [Google]

68KB, 700x700px

>tfw you have a better chance of getting bit by shark, hit by lightning or being murdered than you do of winning the lottery
>tfw you will never win a big amount of money and never have to worry about basic expenses or where you'll live ever again
>tfw your future will always consist of either being a wagecuck or a NEET who will eventually become homeless and commit suicide

I'VE BECOME SO NUMB

If some Jew wins it, they'll prolly bring all the jeudens to jewland

This time, I got a good feeling.
I know I said that last time, but this time it's a lot stronger. Like, divine providence. This is it.

>>25703580
That's 50,000,000 tickets, so he'd only have a 1/6 chance of winning. And that's assuming that he'd be the sole winner.

Terrible investment idea.

File: c2d163cbff2539e8fbd1ee5475a7b529.jpg (4KB, 194x200px) Image search: [Google]

4KB, 194x200px

>mfw I live in Alabama and can't really afford a trip into Georgia or Tennessee to buy a ticket

Fuck this dumbass state.

>you have better chances of getting bit by a shark than winning the lottery
I live in arizona

>>25704792

I CAN FEEL JEW THERE

>>25704868
Buy a ticket online

>robot wins
>buys a massive amount of land and sets up houses on it
>robot community lives in peace

pls

If trips, someone in this thread will win.

Anyone notice ever since that one guy who worked at the lottery office in the US got busted for fixing draws no one's been winning?

>>25705395
>degenerates for neighbors
>no blacks
>98% male population
>roastie & Stacie's need not apply
>nobody would leave the house

Waste of money

>>25701305
Yeah. Don't know why people are spending more than $2.
Could buy a knife for the price of 3 tickets and just end their sad miserable life for that price.

>>25703205
You can also build your underground farraday cage bunker because the Russians are probably going to perfect mind control anyday.

>>25704106
>letting them enjoy investing and profiting from your money.

Top fucking kek. You're talking about playing the fucking lottery. They don't give a shit who wins or how they take the money because they win no matter what.

>>25704447
>Raid the lotto fund
Do you even know how the lotto works?

File: 4564236.jpg (661KB, 958x775px) Image search: [Google]

661KB, 958x775px

>>25698979
>giving your taxes back to the hidden jew tax man
what a good obedient goy
YOU LOSERS ARE UNBELEIVABLE

>>25704868
If you can't afford to go someplace to buy a lotto ticket, buying a lotto ticket is the least of your concerns.

>>25704816
Millions of people feel the same way, including me, that's the sad part. I hope I at least match 5. I can buy a modest house and pay off all my debts with it.

>>25706114
Not even that guy but shut the fuck up, man I hate smart-asses like you. This is such a reddit-tier response. As if a full tank of gas to travel out of state can compare to a couple lotto tickets.

File: Monte.webm (53KB, 40x54px) Image search: [Google]

53KB, 40x54px

>be in glorious Washington state
>have $4 after buying a gram of legal weed for my weekend
>in the grocery store, decide I want to get a powerball ticket because why not
>think I'm gonna get two
>go to to machine on the way out and see there's a line
>standing in line for a few minutes now
>nobody is talking
>raining outside, we're right by the door
>people coming and going looking at this line of people waiting to play the lottery
>dystopia as fuck
>guy in front of me spends $100
>doesn't look happy at all
>I decide to get just one instead of two
>just want to make >>25703652 and a tabletop equivalent happen

Good lucky everybody. It has to happen to someone

>>25698935
I'd go to the Wynn and play one hand of blackjack at $1mil. Then I'd play some high stakes poker, maybe 25/50 NL.

45 people are probably going to win

I would literally just travel around the world on like 20k a year but not be too concerned about spending more for a fancy dinner here and there. Nothing super fancy or more than I have now, just cheap hostel traveling, backpacking and meeting new people, etc., but from now until I die, never having to work. Eventually bring my wife along with me.

>>25704868
Where you at Bamabot? Scottsboro reporting in

>>25707134
This
Anyone who wins is probably going to walk away with maybe 20-50 million or so.

>>25707232
If I won this shit, I would literally just buy a house and stay home for the rest of my life!

>>25707134
Why would 45 people win THIS time when not one person won last time? 900+ million jackpot showed similar amounts of enthusiasm and sales.

>>25707337
I don't think it'd be that much split 45 ways, but you say that as if it's a small amount.

What happens if it continues for weeks and nobody wins? Will the jackpot really keep going and going into the billions? Could it possibly get to 10 billion or more? Is there a stopping point?

File: 1424316957364.jpg (42KB, 700x500px) Image search: [Google]

42KB, 700x500px

i hope none of you win

you all have to lose and live out the rest of your miserable lives just like me. fuck you all.

>>25707961
Honestly, with so much free money being poured into the lottery company and governments pockets' they may let it go on for as long as possible.

>>25707961
Nope ticket money adds to the pool

>higher pool more tickets bought

>>25707301
I'm a different bamafag. Auburn here.

>>25702817
probably the bank id imagine, and from there is invest half of it in Blue Chip stocks the rest in Lithium and Gold shorting companies

I'm highly considering using numerology to win the lottery, although I'm scared because regarding the number 13 in numerology:

>If this power is used for selfish purposes, it will bring destruction of the self, and in turn, this will bring dis-ease and illnesses.

Is it really selfish if I plan to do good things? It can be so perfect. My life path number is 7. I buy 7 tickets at 7 pm on the 13th day. It's my dad's bday and my bday was exactly a month prior on the 13th day (part of the calculation of my life path #). The number 7 gets even more personal with me, so this should at least net me a match 5 win. My other fear is not being able to purchase at 7 pm tomorrow night due to crowded stores or running out of ticket paper.
I got this idea from a lotto doc I watched earlier, dude supposedly used numerology to successfully win 32 million dollars.

>>25699749
>when I win
>when
JUST

File: 1441118177650.jpg (85KB, 640x640px) Image search: [Google]

85KB, 640x640px

Do you guys think the PB will reach/exceed 2B tomorrow? The sales are going to be insane tomorrow.

>>25708257
if no one wins tomorrow DEFINITELY

File: 1406043788334.jpg (37KB, 400x386px) Image search: [Google]

37KB, 400x386px

>you don't win anything
>you have to go to work the next day
>you work to keep food in your stomach and a roof over your head
>someone who won the jackpot is buying a bentley, a house on the beach, 40 gold chains, a AP watch, probably going on a long vacation
>mfw I'm still poor

>>25707961
>What happens if it continues for weeks and nobody wins?

keeps getting higher

>Will the jackpot really keep going and going into the billions?

its already in the Billions

>Could it possibly get to 10 billion or more?

possibly

>Is there a stopping point?

theres a FINITE amount of number combinations, i think its 292,000,000

if they are ALL taken then someone has to win

this powerball 3/4's of the number combinations have been taken, so its a 1/4 chance that there will be no winner tommorow

>>25708257
>>25708292
2b would be cray cray
what a time to be alive

I usually play one or two quick picks a week for either powerball or megamillions, regardless of jackpot size. I have a very firm understanding of my chances of winning, but I still feel like I get $4 worth of fun when I buy the tickets. It's a weird feeling, because I understand that I could daydream about having money even if I didn't buy the tickets, but it's still somehow enhanced by having them.

>>25708355
>a Bentley

hahahaha Bentleys a shit , with a Billion im having Ferrari and Lamborghini make me custom cars

>>25708356
>292,000,000
>1 - 69
>6 slots
>70^6
Do you even math

>>25708402
>1-69
>69 numbers
>not 70
>do you even math?

not you apparently, you cant even count

I am going to win tomorrow. I just know it.

File: bentley-continental-gt-ii-2011-wallpaper-306913.jpg (2MB, 2349x978px) Image search: [Google]

2MB, 2349x978px

>>25708393
>bentley a shit
shittiest of taste lad

>>25708445
Ok I put a typo on there, that doesn't excuse you thinking there's only that many combinations dingus

>>25708505
ive never seen a powerball where it went

>and the numbers are 06, 06,06,06,06 and the final number...06!!!!

>>25702928
Most banks are only federally obliged to give you back a maximum of $250K
Some law after the great depression I believe.
t. 7th grade U.S. history

I'm not letting this thread die.

>>25708402
According to your math, 1,2,3,4,5,6 is a different result from 2,1,3,4,5,6

>someone on /r9k/ wins, they become a gigaNEET and don't share with us wagecucks so we can become neets as well, and suck his dick all day as a way of saying thanks.

>>25708393
>wasting money on expensive cars

all you're doing is attracting unnecessary attention, fuck that. if i won i'd buy a small house with a shitty car and probably keep my job too. my rich life would be an absolute secret to everyone.

>>25709502
This. Not gonna lie, I'd buy one luxury vehicle for when I'm going out to an event or something but just to drive around town all the time? Nah.

>>25708138
Welp, gonna buy my tickets at 7 am tomorrow :D

>>25698935
Do something cool and unusual with your money. For example, buy a BB gun. Get one of those robotics kits for kids, Go on a Lego buying spree, buy some random 1 dollar items from Amazon, get a pogo stick, buy some pizza and share it with your neighbors, get some roller skates, get a kiddie pool, order some 3D printed stuff, etc.

File: image.jpg (527KB, 1631x1254px) Image search: [Google]

527KB, 1631x1254px

Assuming I win the powerball tomorrow and the lump sum is $900 million dollars, can I avoid paying taxes on that amount by instead claiming my prize entirely in powerball tickets?

>>25709810

^This. Basically, whatever you do, don't spend it on the tickets.

File: baby-robot.jpg (7KB, 133x180px) Image search: [Google]

7KB, 133x180px

>win
>Quit job
>Get a nice cozy place in a nice neighborhood. >Pay off the $600,000 mortgage immediately.
>Invest in the highest security
>Fill house with all the latest electronics
>Have food delivered to house
>use money to buy favor from people I admire
>live comfortably for the rest of my life

Is there a greater dream?

>>25709949
I'd give a lot of my money to stem cell/longetivity research

Let's assume there are no other winners or taxes and you receive 1.4 gorillian dollars. What'd you do?

>>25710680
Convert it all into pennies. Construct a house of pennies, with penny furniture, and live in it.
Spend my free time standing on various bridges across the world, tossing pennies at cars down below.
Pay for EVERYTHING with pennies.

File: mm.png (556KB, 1280x720px) Image search: [Google]

556KB, 1280x720px

>>25710680
Savor every moment as people from my past beg for money as I pretend to ignore them.

>>25710680
Give every American 4.3 million dollars, of course.

go to move somewhere cold with very good internet and a city that is more happy than sad

>>25699568
How many is that? it looks like 66 numbers. I hope you didn't waste money that you need for food or rent on that like an Anon in another thread did.

>>25698935
>talk to family about what they would do with different split amounts since they have jobs.
>Everytime I bring up wanting just enough to exist(if they got 25mil I just want 3) they laugh at me saying "why should you get anything when youre NEET"
> "Well what about you Anon, how much are you giving us?"
>Start listing amounts out of common courtesy some are lower than others
> Sis starts to whine "why do I get less?"

Why are normies this obliviously to their own greed?

>>25708393
>There are people that will win this money and get anything other than a sensible yet good looking car like the Toyota Camry.

Fuck this gay Earth.

At least do something fun with it and give some money away in a roll thread

>>25711582
A luxury car costs chump change with that kind of money. You need some perspective.

lazarus post

>>25710680
pay people 20 thousand dollars a pop to let me shit on them in public

>>25709628
its pronounced "sunday vehicle" typically reserved for driving on sundays. there are fucking doctors and lawyers who drive bentleys everyday, you attract attention when you make it obvious that you have alot of money whilst driving that luxury vehicle

>>25713164
If you win a billion dollars at Powerball they're going to plaster your face all over the television anyway. It's not like you'll be able to keep it a secret. Even if you live in one of the few states that allows you to stay anonymous, media stalkers are still going to hunt your ass down.

He could always get tinted windows.

I'm in it for $40, 20 plays.

I never play, because I, too, consider it the stupid tax. I know it's a bad bet, but I figure it's a greater average return with the jackpot being so high, so I got in.

I would start gentrifying the fuck out of California and getting rid of the riff raff. I would buy up property, profit, buy up more property, etc. I would set up rental policies to encourage decent, productive people to stay, and degenerates to leave. I would also try to run for office and try to implement productive laws and get rid of leftist constriction laws that are ruining my state.

I was considering using major numerology for buying my tickets, but I don't want to possibly disappoint God. I have to trust in Him that I'll win something, without divination.

>>25713530
>greater average return
They literally made it twice as hard to win. Why do you think it got so high in the first place? Nobody has won the jackpot since the changes went into effect in October. You might win a couple of bucks. The odds of winning anything are 1 in 38.32, and that only gets you $4.

Just buy one ticket. $2 gets you a day or two of fantasy to enjoy and then when it's over you've only spent $2.

>overhear news on tv
>looks like the rivh are looking to get richer, because residents in beverly hills are buying tickets as well
>beverly hills
>hills
I DESERVE THIS MONEY FUCK THEM, THEY'RE ALREADY RICH ENOUGH AS IT IS GREEDY BASTARDS

>>25713643
I'm not talking about the new rules, I'm talking about since the new rules.

It's a greater average return now that the jackpot is so high because you have the potential to win more per play.

>>25713790
Rich people probably win as much as poor people. It's more about "winning" something with such little odds than it is about the money. I really, really hope a regular not-rich person wins.

>>25713530
>I, too, consider it the stupid tax.

Are the actual winners stupid too? You're stupid until you win the money?

>>25713940
You're stupid before winning, you're stupid after winning. You're stupid for playing. I'm stupid for playing. It's a gamble and a bad bet, it's not an investment.

>>25713798
The jackpot is so high precisely because nobody is winning it. You have better odds of getting hit by lightning four times.

>>25713790
>>25713897
Rich people don't play the lotto generally other than at times like this when the jackpot is so high. Overwhelmingly it's the poorest people who play the most, and they play regularly. Wealthier people play for fun, but the poor play out of desperation hoping to turn their life around with a jackpot. The worse the economy gets, the more people play and during the recession at least half of lotto states broke sales records.

>>25714036
You can stop buying junk food/soda for a year and you'd still spend way less money on powerball tickets. There's nothing stupid about risking spare change for millions of dollars. It's more stupid to completely opt out of the chance to win it.

File: image.jpg (74KB, 633x758px) Image search: [Google]

74KB, 633x758px

>tfw last time I bought a bunch of tickets, foolishly let myself get excited even though I knew the impossible odds, and then wound up crashing and feeling even worse about my life after I didn't win
>tfw I'm going to do it all again tomorrow

I'm a fucking idiot for fooling myself into thinking there is any escape from the hell that is my life not only once, but TWO TIMES.

WHY DO I STILL HAVE HOPE?

>>25698935
Why play now with such awful odds of winning? After a certain point, the difference in winnings doesn't matter. The difference between 50mil and 1.4bil is negligible to me anyway in terms of how much it'd change my life.

>>25714101
It's more like completely opt out of spending $2 for an average of 25 cents return.

Why so defensive? Am I attacking your lifestyle? heh. You need to relax. I've already conceded my own stupidity by playing.

>>25714079
I always suspect that the many, many people that can avoid getting their faces plastered on the news after winning the lottery are the rich ones. Poor people are ALWAYS in the spotlight when they win. Like who were the other two lottery winners that won with Marie Holmes (single mother of 4 kids with fast food jobs)? They were never mentioned. One is somehow listed as anonymous and the other lists his business name.

Why doesn't someone who's already rich just buy all the possible combinations? They'd literally win all of their money back.

>>25714212
Just because I disagree with any of it being stupid. Most people understand the odds when it comes to gambling but also understand that the only way to ensure they never win is by never playing.

also

>le stupid tax

Fuck off normie redditor. You're worse than youtubers.

>>25714240
it took me 20 minutes just to get 20 tickets, thats not even counting the time it took to pay for them, how much time would a rich person have to write out 292 million tickets?

>>25714240
Someone else posted that the jackpot would have to be over $2.1 for that to be economically viable, because over the taxes on the winnings. And then it would be infeasible to attempt to physically buy that many tickets, so you'd have to pay an army to do it for you. And if someone else wins, you just lost $1B

>>25714240
Well there are nearly 300,000,000 combinations x$2 would be a horrible investment. And that's not a guarantee that all combinations will be produced. Last drawing saw over a billion dollars in sales but only 75% of possible combinations printed.

>>25702928
>how rich and famous people handle their money

Most of their wealth is invested in many different assets. It could be real estate, ETFs, whatever. Usually if you're uber rich you have someone who handles all of your money for you, and you've got cash available to you along with money invested across several investment vehicles. If you ever need more than you have immediately available you just call up your money guy and tell them how much you need and they'll liquidate what's necessary to come up with the funds.

File: 20160112_222917.jpg (263KB, 1000x562px) Image search: [Google]

263KB, 1000x562px

If dubs, I got the winning numbers

>>25714319
>doesn't know that quickpicking is far more likely to net you a win

>>25714370
>picking numbers

>>25714380
There's equal chance of hand picks and quick picks winning according to winner history of the powerball.

>>25714380
>>25714408

Well I mean he used fortune cookie papers to choose his numbers so basically it's the same as a quick pick. Although I don't think fortune cookies go up to 69.

>>25714380
>thinks quickpicking is any different from picking numbers

>>25714408
I didn't pick the numbers. Chinese child labor did.

>>25714370
There's always a 50-something in jackpot numbers. ALWAYS. You screwed up.

>>25714237
The poor people either want the 15 minutes as part of their winning or simply don't know how to avoid it in the first place. If you have wealth, you're more likely to either have the resources to set up a trust or LLC or whatever, or you have access to people that can do that for you.

>>25714455
Of the last three draws, only one had any numbers in the 50's.

Actually went into Valero and got one ticket.
>see old men on the counters filling out Powerball numbers
>orange Fanta slushie was delicious btw

>>25698935
>powerball is $2 per play
>the company intentionally made the odds longer for jackpots like this
fuck that noise, I play super lotto plus in my state
as long as you aren't a complete dumbass even 5 million is enough to live out some comfy NEET years

I wanna play but I've never done the lottery before. How do I get a ticket without looking like an autist and having the qt cashier who sells me alcohol judge me?

>>25714559
She deals with people way, way worse than you.

>>25710680

>fund 1.4 gorillion dollars into weapon research
>once research funding has dried up, take prototype
>kill self

I received 60 neet bux last week.

Should I, lads?

File: 1452425537241.jpg (35KB, 640x616px) Image search: [Google]

35KB, 640x616px

Sure would be cool to win. If I won I would just claim the money, and get the fuck out. I'd give a couple people some money, but I'd also do a bit of bragging to the cunts from my past.

File: 1445274080593.jpg (31KB, 480x454px) Image search: [Google]

31KB, 480x454px

How would you keep your entire personal life, every fragment of what everyone said, heard, or thought about you, instantly becoming news media fodder? Every porn site you browsed, every weird thing you ever bought, every awkward sentence you uttered in front of a girl resulting in her laughing in your face, all laid bare.

How would you feel about having zero privacy?

File: ShowerHank2.jpg (154KB, 780x840px) Image search: [Google]

154KB, 780x840px

>>25714455
It's all rigged anyways. The only reason the Jackpot is so high is to keep the media buzz on the jackpot amount and not that Powerball's head of security is on trial right now for rigging the lottery and collecting $16Mil on tickets he set to win in like 4 states

http://denver.cbslocal.com/2015/12/29/man-convicted-of-rigging-iowa-lottery-may-have-struck-in-colorado/

http://www.desmoinesregister.com/story/news/crime-and-courts/2015/07/20/hot-lotto-verdict/30411901/

http://calvinayre.com/2015/04/14/business/former-lottery-security-official-fraud-trial-delayed/

https://nakedsecurity.sophos.com/2015/04/15/hot-lotto-security-director-suspected-of-tinkering-with-computer-to-win-14-3m/

>>25714619

Good. Maybe finally qt traps will line up to fuck me knowing that I've got money.

Far better than going out and finding them myself.

>>25714559
There are people dropping thousands on powerball tickets. You can't have any less dignity than them

>>25714541

haha, more like 1 million mate.
average gdp in america is like what, 50k? and they're living comfy enough, take 20 years to make 1 million. if you invest wisely you can do support a incredibly comfy life style for ever.

>>25714559

Just be sure to bring cash. I bought my first ticket today and found out they don't take credit or debit cards.

Trust me, the absolute dregs and scum of society go to convenience stores to buy lotto tickets. You're not the worst she's ever seen.

>>25714645
lottery winnings aren't taxed that heavily
super lotto starts at 7 million

File: 1450670616813.jpg (68KB, 1152x864px) Image search: [Google]

68KB, 1152x864px

Only a day left and I'm seriously about to crack.

I've never bought into any sort of lottery before. Someone convince me not to buy a ticket before I cave.

>>25714677

Just buy a ticket. It's only $2.

>>25714677
You freaking crazy? You'd just throw away a chance at being rich for life. You'd be dumb to NOT buy tickets. Don't forget about me tho.

File: 010916.png (1MB, 816x612px) Image search: [Google]

1MB, 816x612px

>>25714370
>posting your actual numbers.
inb4 several robots play the same numbers and they all split the jackpot

File: 1442133476103.jpg (30KB, 597x392px) Image search: [Google]

30KB, 597x392px

I fell into the meme and bought 3 tickets. I know I'm going to lose but it's fun to dream and spending 6 bucks for a enjoying a fantasy and a legitimate chance at winning small as it may be... not the worst 6 bucks I ever spent.

>win money
>buy hotel with 150 rooms
>hold lottery on /r9k/ to have 149 other robots join me in living the NEET life
>plant explosives inside the hotel and kill us all

>>25707982
That is the beauty of the lottery, it does not discriminate. Anyone can win. Rich, poor, black, or robot. If I win, ill make sure I use the lyrics from this song to show I won, maybe even play this song.

https://www.youtube.com/watch?v=kDWgsQhbaqU

>don't even fantasize about what do with the money
>just fantasize about the act of winning
>post photo of winning ticket on /r9k/
>don't reveal self
>news normies crawling through 4chan trying to find clues to identity
>hundreds of millions of normie dreams cry out and and are cucked
Still wouldn't be able to have any normal human relationships, but $500M can buy a much comfier basement.

File: 0016.png (646KB, 773x580px) Image search: [Google]

646KB, 773x580px

>>25714723
well desu its not for everyone. Some people would be genuinely happier as wagecucks for live than to even win $3 million, but $1.5 billion over 29 years, or $950mil up front, I venture to say it would wreck most people. If I am the only jackpot winner I would take the annuities because its far less risky than rushing to assemble a plan to manage that much money on my own, and is more than enough to live in luxury several lifetimes, and I would want to invest/donate it in a way that actually improves quality of life, health and happiness for people and the planet. (Not throwing money at problems caused by the staus quo and it ultimately paying for more pharmaceuticals, GMO food and overpopulation)

Why wouldn't a billionaire spend 50 million dollars buying powerball tickets? He is almost guaranteed to win and receive a large ROI

>>25714636
That was a computerized state lotto...which is absolutely retarded. Powerball and Megamillions uses actual balls, can't rig that.

File: 1432642008675.jpg (23KB, 240x251px) Image search: [Google]

23KB, 240x251px

>>25714773
Please let this anon win

>>25714742
He didn't get dubs anyways. Besides, 1.5Billion is plenty to share, even if 100 people played those numbers.

>>25714860
I'm sure these are legitimate concerns, but I can't help but think this is just a way to rationalize our poor odds of winning.

>>25714862
Well over a billion dollars were spent last drawing with no winners. 50 million wouldn't guarantee shit.

File: Powerball-Play-Slip1[1].gif (365KB, 710x272px) Image search: [Google]

365KB, 710x272px

>>25714862
because of how much time and labor would be needed to fill these out with every single number combination and buy the actual tickets

>>25714862
you'd have to spend over 500mill to cover all the combos and there may be more than one winner

File: 1443753392303.gif (2MB, 382x289px) Image search: [Google]

2MB, 382x289px

>>25714860
>taking the annuities
>letting other people invest the money
>The Royal Bank of Scotland is telling all of it's clients to literally sell everything and get out of the stock market
>JP Morgan is literally buying all of the physical silver it can
>He still wants to invest it.

http://money.cnn.com/2016/01/12/investing/markets-sell-everything-cataclysmic-year-rbs/

>yfw you win and still never find real love

>>25705395
Sounds like the beginnings of a cult.

File: 56787890hhjhj.jpg (441KB, 1632x1224px) Image search: [Google]

441KB, 1632x1224px

>>25715023
forgot exactly what the process is, but the annuities are invested in government securities and interest is not taxable like if you invested the money yourself.

Furthermore, there are 2 occasions when you should absolutely take the annuity over the lump sum. The first being if the jackpot is so small that the annuity payments would be in a lower tax bracket, like if I buy a super lotto ticket tomorrow and win the $7 million jackpot or half of it. The other situation is when the jackpot is so ridiculously huge that the first annuity payment alone will financially liberate you for life, and having it all right away is actually more detrimental to your long term financial stability and quality of life than if you take it on gradually, and have a practically guaranteed increasing annual income for the next 29 years.

>>25715107
Even so, you could still have your own reality dating TV show

File: komaeda.png (101KB, 480x272px) Image search: [Google]

101KB, 480x272px

I bought just one entry.

>>25711539
Its how they survive. Its how they manage to thrive as well. That aid splitting the money is a bad idea given the huge gift tax one gets hit with after 5.1 million.

>>25703222
Didn't that guy fucking have his entire life ruined afterwards?

>>25713790
I am glad wealthier people are playing. That means that they are contributing alot of money to the pot. The jackpot could go to anyone including crack smoking Jamal or Elliot the Robot.

>>25715274
https://en.wikipedia.org/wiki/Jack_Whittaker_(lottery_winner)
The drug overdoses may not have necessarily been a result of his actions, but the gambling and strip club and fraud stuff was all his stupidity.

>>25702928
>giving jews your money an a time our economy is falling

Oh you

File: donald-trump--scoul.jpg (79KB, 1040x723px) Image search: [Google]

79KB, 1040x723px

>>25700859
>>25703222
>tfw Donald Trump buys a ticket as a joke and wins.

>>25703272
>implying a lot of people here don't still shit themselves and/or wear diapers.