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Old 01-11-2016, 11:08 AM
 
8,079 posts, read 10,071,862 times
Reputation: 22669

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Quote:
Originally Posted by Canyon Rose View Post
Texas Monthly ran an interesting series on the 'Lotto Curse' a few years ago. As others have mentioned, winning the lotto is dangerous because it puts a target on people's back who aren't experienced with having a lot of money. Several of the stories that TM reported on ended with the person getting killed or ruined by a jealous person.

Which is why I think the second thing I would do is hop on the Queen Elizabeth and take a private ride across the globe in order to "hide" and give some thought on how I wished to alter my life.
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Old 01-11-2016, 11:44 AM
 
Location: Birmingham
11,787 posts, read 17,761,293 times
Reputation: 10120
Quote:
Originally Posted by mjlo View Post
Someone could win a billion dollars and pay sticker for a 2016 corolla just to enter it in a demolition derby everyday for a year and not be able to make a dent in their personal wealth. If I had a friend who wanted to buy a brand new economy car as an impulse purchase after the largest jackpot in US history I'm pretty sure that they'd survive in the financial decision making process if not from low expectations alone
Quote:
Originally Posted by thatguydownsouth View Post
Eh once you have a billion dollars spending 20k at full price is not a waste of money. At that point your time is worth so much that the time to haggle the deal is quite literally a waste of your time. If you get 500mill after taxes then at 5% youd be getting about 190k per workday in interest income. Who cares about paying sticker for that Corolla....
I was being sarcastic. Buy the new Corolla and set it on fire.
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Old 01-11-2016, 11:55 AM
 
1,646 posts, read 2,779,627 times
Reputation: 2852
I will not be playing powerball because the amount of money is just too much. If the slight chance I won that amount of money, it would open up too many problems that I do not want to deal with.
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Old 01-11-2016, 12:09 PM
 
32,019 posts, read 36,767,663 times
Reputation: 13290
I don't understand how it works.

I see the winning numbers for the big jackpot but how do you figure out if you won one of the smaller prizes?
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Old 01-11-2016, 12:10 PM
 
Location: Western Colorado
12,858 posts, read 16,864,280 times
Reputation: 33509
Went in to a local convenience store this morning and got 5 tickets. Guy in front of me bought $100 worth. Although $10 is a lot of money for me to spend, I figure why not. Anyway, if I win $1.5 billion maybe I can get Jennifer Lawrence to have dinner with me, in Paris.
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Old 01-11-2016, 12:11 PM
 
9,153 posts, read 9,486,079 times
Reputation: 14039
Quote:
Originally Posted by arjay57 View Post
I don't understand how it works.

I see the winning numbers for the big jackpot but how do you figure out if you won one of the smaller prizes?

Match Prize Odds + [RIGHT]Grand Prize[/RIGHT]
[RIGHT]1 in 292,201,338.00[/RIGHT]
[RIGHT]$1,000,000[/RIGHT]
[RIGHT]1 in 11,688,053.52[/RIGHT]
+ [RIGHT]$50,000[/RIGHT]
[RIGHT]1 in 913,129.18[/RIGHT]
[RIGHT]$100[/RIGHT]
[RIGHT]1 in 36,525.17[/RIGHT]
+ [RIGHT]$100[/RIGHT]
[RIGHT]1 in 14,494.11[/RIGHT]
[RIGHT]$7[/RIGHT]
[RIGHT]1 in 579.76[/RIGHT]
+ [RIGHT]$7[/RIGHT]
[RIGHT]1 in 701.33[/RIGHT]
+ [RIGHT]$4[/RIGHT]
[RIGHT]1 in 91.98[/RIGHT]
[RIGHT]$4[/RIGHT]
[RIGHT]1 in 38.32[/RIGHT]

The overall odds of winning a prize are 1 in 24.87.
The odds presented here are based on a $2 play (rounded to two decimal places).
Why isn't the chance of winning $4 at 1 in 26? Click here for FAQ.
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Old 01-11-2016, 12:11 PM
 
Location: MMU->ABE->ATL->ASH
9,317 posts, read 20,995,583 times
Reputation: 10443
You take your Ticket to one of the agents and scan the bar code and it tell you.

or you check each number against the winning combinations that pay out.
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Old 01-11-2016, 12:14 PM
 
9,153 posts, read 9,486,079 times
Reputation: 14039
Sorry that table didn't turn out right. Go here to see what other matches will pay.
Welcome to Powerball - Prizes
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Old 01-11-2016, 12:25 PM
 
Location: Bel Air, California
23,766 posts, read 29,039,039 times
Reputation: 37337
Quote:
Originally Posted by Canyon Rose View Post
Texas Monthly ran an interesting series on the 'Lotto Curse' a few years ago. As others have mentioned, winning the lotto is dangerous because it puts a target on people's back who aren't experienced with having a lot of money. Several of the stories that TM reported on ended with the person getting killed or ruined by a jealous person.

this is mostly due to the Great Pendullum of Luck in the sky swinging back and forth, the first thing to do would be to get a magic shield made of the finest Elfen iron with which to bonk any carriers of misfortune to come your way.
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Old 01-11-2016, 12:26 PM
 
4,833 posts, read 5,730,843 times
Reputation: 5908
With $1.3B, you could give every American around $4M
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