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demmiblue

(36,898 posts)
Fri Oct 19, 2018, 03:58 PM Oct 2018

Confess: Did you buy a Mega Millions ticket today?

I did. The only time I buy a ticket is when I cash in my recyclables.

Then I thought about how absolutely daunting it would be to win that kind of money! $1,000,000,000...

Anywho, it is always a little fun to fantasize about the wonderful things one could do for others with that kind of money.

60 replies = new reply since forum marked as read
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Confess: Did you buy a Mega Millions ticket today? (Original Post) demmiblue Oct 2018 OP
I did buy 1. we can do it Oct 2018 #1
Mega Billions Blue Owl Oct 2018 #2
I got a couple yesterday, using the cover of buying a Talking Rain sparking water. LisaM Oct 2018 #3
No, but I have a subscription so I am in this draw. Yonnie3 Oct 2018 #4
Heh! demmiblue Oct 2018 #5
Yes Olafjoy Oct 2018 #6
That's the way Ilook at it TexasBushwhacker Oct 2018 #22
Of course, even though it's only around 500 million cash, and the tax bill... TreasonousBastard Oct 2018 #7
If you put yourself.... SergeStorms Oct 2018 #48
No, cause I bought two yesterday. In_The_Wind Oct 2018 #8
yup, a billion is real money... getagrip_already Oct 2018 #9
3 Mega Millions and 2 Power Balls. GemDigger Oct 2018 #10
Just your rotten luck to win the Power Ball instead. JohnnyRingo Oct 2018 #32
I would take PowerBall. GemDigger Oct 2018 #35
Of course you would. JohnnyRingo Oct 2018 #38
My luck is such that if a tsunami hit the west coast it would find ME and only me in the middle of GemDigger Oct 2018 #40
My luck I'd check the numbers and have a heart attack. JohnnyRingo Oct 2018 #43
That is also a possibility. GemDigger Oct 2018 #44
I still play. JohnnyRingo Oct 2018 #45
Many people are saying that Heidi Cruz bought several dozen. So I heard. dameatball Oct 2018 #11
Poor Mrs. Cruz. Scarsdale Oct 2018 #55
Perhaps she'll be able to afford that 2nd home... SKKY Oct 2018 #56
Nope SCantiGOP Oct 2018 #12
No, I pay enough in taxes already janterry Oct 2018 #13
Bought mine yesterday MiniMe Oct 2018 #14
Yes, I did buy 5 tickets MANative Oct 2018 #15
I joined a company pool. tazkcmo Oct 2018 #16
$20 for 10 quick picks. lapfog_1 Oct 2018 #17
No.... Sedona Oct 2018 #18
It would be considerably more than that. A HERETIC I AM Oct 2018 #41
Yes, I did red dog 1 Oct 2018 #19
One Mega Millions, one Powerball. I only buy when it gets high. Luciferous Oct 2018 #20
I spent the rent money - and then some jpak Oct 2018 #21
Sure. A fun way to pay taxes, and here in NJ, it goes to schools. NNadir Oct 2018 #23
I bought 3 meow2u3 Oct 2018 #24
I bought one Blue_playwright Oct 2018 #25
Oh hell yes samplegirl Oct 2018 #26
Indeed....imagine all the detectives I could hire to uncover all the hypocracy and crimes of MLAA Oct 2018 #27
I thought about it and then reminded myself that vlyons Oct 2018 #28
Awww... feel better now, vylons? n/t demmiblue Oct 2018 #33
... A HERETIC I AM Oct 2018 #42
Yes edhopper Oct 2018 #29
all the fuss and no winner orleans Oct 2018 #30
Not yet but I might. 2naSalit Oct 2018 #31
Nope MontanaMama Oct 2018 #34
Yes, I bought 2 Trailrider1951 Oct 2018 #36
I bought 10 Midnightwalk Oct 2018 #37
It's time for all of you to stop buying tickets packman Oct 2018 #39
Yes I did; and if I win I'm giving demmiblue one million!! LakeArenal Oct 2018 #46
Aww... c'mere you! demmiblue Oct 2018 #52
Since no one won either Power or Mega LakeArenal Oct 2018 #57
I bought 90 of them. krispos42 Oct 2018 #47
I've thought of what I could do LiberalLovinLug Oct 2018 #49
I bought 2 for my 95 year old mother. LibDemAlways Oct 2018 #50
6 for $12 PaulX2 Oct 2018 #51
"Honey, I won the lottery! Get packed!" LastLiberal in PalmSprings Oct 2018 #53
One. Only one. MissMillie Oct 2018 #54
I bought two for you and me. Mine won. Sorry about yours. keithbvadu2 Oct 2018 #58
Yeah, I bought one. IrishEyes Oct 2018 #59
Nope customerserviceguy Oct 2018 #60

LisaM

(27,842 posts)
3. I got a couple yesterday, using the cover of buying a Talking Rain sparking water.
Fri Oct 19, 2018, 04:03 PM
Oct 2018

The guy behind me just came in and bought $20 worth of tickets, didn't even bother spending a nickel at the store selling the tickets!

Yonnie3

(17,497 posts)
4. No, but I have a subscription so I am in this draw.
Fri Oct 19, 2018, 04:03 PM
Oct 2018

When I win I am going to do all those things they say Soros does.

TexasBushwhacker

(20,220 posts)
22. That's the way Ilook at it
Fri Oct 19, 2018, 07:52 PM
Oct 2018

My needs are fairly modest. I could take care of people and causes I care about.

TreasonousBastard

(43,049 posts)
7. Of course, even though it's only around 500 million cash, and the tax bill...
Fri Oct 19, 2018, 04:15 PM
Oct 2018

will be a few hundred million.

(I could live with that)


getagrip_already

(14,864 posts)
9. yup, a billion is real money...
Fri Oct 19, 2018, 04:16 PM
Oct 2018

Imagine how much hatred I could inspire on the right if I win.

Ted Styer move over.

Look, someone is gonna win it. The odds will be just as small when they do.

GemDigger

(4,305 posts)
10. 3 Mega Millions and 2 Power Balls.
Fri Oct 19, 2018, 04:18 PM
Oct 2018

I am not usually lucky enough to even win a free ticket so I don't buy in until the jackpot is big. But I always remember the face and name of the person that sold them to me so I can thank his lucky hands with a vacation.

JohnnyRingo

(18,657 posts)
38. Of course you would.
Sat Oct 20, 2018, 11:46 AM
Oct 2018

I was just repeating the joke I told the girl I bought my PB & MM tickets from.
Such levity doesn't work as well on the internet.

GemDigger

(4,305 posts)
40. My luck is such that if a tsunami hit the west coast it would find ME and only me in the middle of
Sat Oct 20, 2018, 11:52 AM
Oct 2018

Montana. Actually, I am very lucky because I am still healthy. Off to buy more tickets

JohnnyRingo

(18,657 posts)
43. My luck I'd check the numbers and have a heart attack.
Sat Oct 20, 2018, 12:12 PM
Oct 2018

I have grandkids though, but what if they throw the ticket out after the ambulance leaves?

Try some practice before you buy your tickets:
https://www.democraticunderground.com/100211300401

JohnnyRingo

(18,657 posts)
45. I still play.
Sat Oct 20, 2018, 04:19 PM
Oct 2018

I don't go overboard because I know I'm throwing money away and there's little joy in that.
Still, if I'm incredibly lucky...

Scarsdale

(9,426 posts)
55. Poor Mrs. Cruz.
Sun Oct 21, 2018, 07:46 AM
Oct 2018

She needs a second home, and fugly Teddy does not make even subsistence wages. Maybe they should get Teddy's daddy to pray harder? I bought tickets. A grocery store in Illinois gave away a lot of single draw tickets, too. The lines were long.

SKKY

(11,824 posts)
56. Perhaps she'll be able to afford that 2nd home...
Sun Oct 21, 2018, 10:32 AM
Oct 2018

...poor thing. Having to live in just one home.

SCantiGOP

(13,874 posts)
12. Nope
Fri Oct 19, 2018, 04:19 PM
Oct 2018

While I support the right of adults to gamble if they choose, I am not a big fan of state-sponsored gambling.
An opponent in my state when the lottery was established described it as a "tax on stupidity", since it only pays out about 50% of what it takes in.
My two main objections:
1- It is disproportionately a burden on those least able to afford it, and
2- In the case of SC, it was sold as the "Education Lottery", with a promise that it would be used only for funding scholarships to state universities and community colleges. How long do you think that lasted? Since it was implemented about 25 years ago, funding for K-12 has, adjusted for inflation, been cut by about 1/3 and supplanted with lottery funding.

MiniMe

(21,719 posts)
14. Bought mine yesterday
Fri Oct 19, 2018, 04:32 PM
Oct 2018

An extra day of daydreaming. Bought a PowerBall too, they are both pretty sizable now. Powerball is up to $470 million. I don't buy them often, but when they are both this big, you just have to make a small investment. Only 1, but at least you have a chance as infinitesimal a chance as it is

MANative

(4,112 posts)
15. Yes, I did buy 5 tickets
Fri Oct 19, 2018, 04:34 PM
Oct 2018

Making my mental list of candidates and causes to flood with cash. (Hey, somebody's going to win, right?)

tazkcmo

(7,303 posts)
16. I joined a company pool.
Fri Oct 19, 2018, 04:36 PM
Oct 2018

I rarely gamble but this time I said what the hell. I can afford to lose 2 dollars at present.

lapfog_1

(29,227 posts)
17. $20 for 10 quick picks.
Fri Oct 19, 2018, 04:38 PM
Oct 2018

I often think about what I would do with nearly $400M in cash after taxes and "cash value" etc.

Sedona

(3,769 posts)
18. No....
Fri Oct 19, 2018, 05:49 PM
Oct 2018

I bought ten



Just heard on local news if you invest the cash out balance in 30 day treasury bonds it will generate $2 million in annual income.

A HERETIC I AM

(24,380 posts)
41. It would be considerably more than that.
Sat Oct 20, 2018, 12:01 PM
Oct 2018

$200 million at 2% yield would be $4 mill a year.

Now that the jackpot is $1.6 Billion, the cash option has grown to $904 million.

904 minus 37% for the federal taxes leaves 569.5 million.

You could expect almost eleven and a half million a year at that level.

But that is taxable income, BTW. Go for Muni bonds and the interest is tax free.

NNadir

(33,563 posts)
23. Sure. A fun way to pay taxes, and here in NJ, it goes to schools.
Fri Oct 19, 2018, 08:15 PM
Oct 2018

There's no way to lose, only to win.

meow2u3

(24,774 posts)
24. I bought 3
Fri Oct 19, 2018, 08:55 PM
Oct 2018

You never know if you can win $1B, even if the odds are stacked against you. It's fun to plunk down a couple of bucks once in a while.

Blue_playwright

(1,568 posts)
25. I bought one
Sat Oct 20, 2018, 10:51 AM
Oct 2018

Can you imagine the good you could do with that kind of money? Insane! We would give most of it away, no one really needs that much ever.

MLAA

(17,338 posts)
27. Indeed....imagine all the detectives I could hire to uncover all the hypocracy and crimes of
Sat Oct 20, 2018, 10:54 AM
Oct 2018

repug politicians!

vlyons

(10,252 posts)
28. I thought about it and then reminded myself that
Sat Oct 20, 2018, 10:54 AM
Oct 2018

the lottery is a tax on stupid people. So I saved myself $10, $20 or so.

edhopper

(33,635 posts)
29. Yes
Sat Oct 20, 2018, 10:56 AM
Oct 2018

but it is for the fun of thinking about winning. I know my chances are almost nonexistent.
The $2 meant i didn't buy a cup of coffee.

Midnightwalk

(3,131 posts)
37. I bought 10
Sat Oct 20, 2018, 11:38 AM
Oct 2018

With the same numbers. If I win and someone else does too, I'll be able to say I got 900,000,000 and you only get 100,000,000.

Well I wanted to but my wife said that was stupid so I bought one.

LakeArenal

(28,855 posts)
57. Since no one won either Power or Mega
Sun Oct 21, 2018, 11:11 AM
Oct 2018

When I win coming up.......

Make it two million for you Demmi!!!!

LiberalLovinLug

(14,178 posts)
49. I've thought of what I could do
Sun Oct 21, 2018, 02:01 AM
Oct 2018

Can you imagine having the kind of money that could actually help sway voters? Not by underhanded methods, but simply by contributing to the candidates one likes, providing them with funds to pay for more ads etc...to get out their message.

LibDemAlways

(15,139 posts)
50. I bought 2 for my 95 year old mother.
Sun Oct 21, 2018, 02:10 AM
Oct 2018

I don't think she has any idea what the odds are of winnng, but she does enjoy fantasizing about what she'd do with a windfall and keeps telling me she'd be content with a million.

53. "Honey, I won the lottery! Get packed!"
Sun Oct 21, 2018, 07:12 AM
Oct 2018

"Great! Where are we going?"

"I don't care where you go. Just get packed and move out of the house."

MissMillie

(38,583 posts)
54. One. Only one.
Sun Oct 21, 2018, 07:38 AM
Oct 2018

I used to work at a college for an economics professor. His two concentrations were decision theory and risk analysis.

He told me that if a person is going to buy a ticket, they should only buy one. One ticket gives you the excitement of being part of the game. He said that buying 2 tickets doubles your chances but then you're still looking at a 2 in several million of winning.

So, if you have the $2, buy the ticket--but only one.

IrishEyes

(3,275 posts)
59. Yeah, I bought one.
Sun Oct 21, 2018, 10:24 PM
Oct 2018

I don't buy a lottery ticket that often but I thought why not. There is so much good I could do with that money. If I won, I would donate 95% of the money after taxes to charity. That would leave me with way more money than I could ever spend.

customerserviceguy

(25,183 posts)
60. Nope
Mon Oct 22, 2018, 01:33 AM
Oct 2018

One of my instructors in geek school had a bumper sticker on his office door, saying that the lottery was a tax on people who can't do math. It made an impression on me.

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