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Nalod
Posts: 72120
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
1/11/2016  8:41 AM
We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

AUTOADVERT
Moonangie
Posts: 24767
Alba Posts: 5
Joined: 7/9/2009
Member: #2788

1/11/2016  8:59 AM
crzymdups wrote:
Nalod wrote:its always the same odds. it don't change.

I tried to explain this to my mom today and she would not believe me.

Buying more than one ticket also doesn't change the odds, just the number of chances at winning 1-in-293mil odds.

Moonangie
Posts: 24767
Alba Posts: 5
Joined: 7/9/2009
Member: #2788

1/11/2016  9:01 AM
BRIGGS wrote:
Nalod wrote:its always the same odds. it don't change.

Actually the odds change every week. The inflow--the amount taken in by the Powerball increases with jackpots(Obviously increasing the jackpot itself)--which increases the probability that the combination wining numbers will be chosen.

For example inflow of a 15mm dollar lottery might be 450mm while inflow of a 500mm $ lottery is 3B. With 580mm combinations the more likelihood the combination will be hit. Individually the odds remain the same but for the game itself odds increase each week that there will be a winner by increased inflow.

Odds of there being a winner changes with the number of players, but the odds of each ticket is ALWAYS the same, based on Combinatorics. It's roughly 1 in 292 million.

Moonangie
Posts: 24767
Alba Posts: 5
Joined: 7/9/2009
Member: #2788

1/11/2016  9:04 AM
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Nalod
Posts: 72120
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
1/11/2016  10:56 AM
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

"Nancy Nalod"
"Eydie Curry"
"Anucha Thomas"
"Saramae Starbury"
"Stacy StarPhuch"

Knickoftime
Posts: 24159
Alba Posts: 0
Joined: 1/13/2011
Member: #3370

1/11/2016  11:05 AM
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

Then move there.

martin
Posts: 80097
Alba Posts: 108
Joined: 7/24/2001
Member: #2
USA
1/11/2016  11:07 AM
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

"Nancy Nalod"
"Eydie Curry"
"Anucha Thomas"
"Saramae Starbury"
"Stacy StarPhuch"

Saramae, where the hell are you girl? We still be lookin

Official sponsor of the PURE KNICKS LOVE Program
Nalod
Posts: 72120
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
1/11/2016  1:59 PM
Knickoftime wrote:
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

Then move there.

Im thinking the state you buy the ticket is the state you have to redeem it. Each state has their own Lottery complex and thus own rules.

For that money, I can buy my own state!!!

Nalod
Posts: 72120
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
1/11/2016  2:02 PM
martin wrote:
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

"Nancy Nalod"
"Eydie Curry"
"Anucha Thomas"
"Saramae Starbury"
"Stacy StarPhuch"

Saramae, where the hell are you girl? We still be lookin


http://www.ultimateknicks.com/forum/topic.asp?t=22581&page=1
Knickoftime
Posts: 24159
Alba Posts: 0
Joined: 1/13/2011
Member: #3370

1/11/2016  2:11 PM
Nalod wrote:
Knickoftime wrote:
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

Then move there.

Im thinking the state you buy the ticket is the state you have to redeem it. Each state has their own Lottery complex and thus own rules.

For that money, I can buy my own state!!!

No, I know... but you can set up a LLC or non-profit organization to protect your identity.

Nalod
Posts: 72120
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
1/11/2016  2:29 PM
Knickoftime wrote:
Nalod wrote:
Knickoftime wrote:
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

Then move there.

Im thinking the state you buy the ticket is the state you have to redeem it. Each state has their own Lottery complex and thus own rules.

For that money, I can buy my own state!!!

No, I know... but you can set up a LLC or non-profit organization to protect your identity.

I'll figure it out!!!

All I know is Im buying a swank mid century apartment in the city and getting season tix to the knicks!!!

franco12
Posts: 34069
Alba Posts: 4
Joined: 2/19/2004
Member: #599
USA
1/11/2016  3:10 PM
Nalod wrote:
Knickoftime wrote:
Nalod wrote:
Knickoftime wrote:
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

Then move there.

Im thinking the state you buy the ticket is the state you have to redeem it. Each state has their own Lottery complex and thus own rules.

For that money, I can buy my own state!!!

No, I know... but you can set up a LLC or non-profit organization to protect your identity.

I'll figure it out!!!

All I know is Im buying a swank mid century apartment in the city and getting season tix to the knicks!!!

MD allows you to remain anonymous - and I bought a months worth of mega & powerball on my trip through before new years.

watch the NYC address if you win, don't want to have to start paying NYC Income taxes!

Sangfroid
Posts: 24681
Alba Posts: 1
Joined: 7/7/2009
Member: #2784

1/11/2016  3:48 PM
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

The first thing you do if you win is MOVE. The money may not change you, but it will surely change how you're perceived. Better to ponder your new found fortune in some quiet retreat while you map out your new life.

"We are playing a game. We are playing at not playing a game..."
BRIGGS
Posts: 53275
Alba Posts: 7
Joined: 7/30/2002
Member: #303
1/11/2016  4:10 PM
In 2 years or so you'd be able to get 4-5% on your cash just doing nothing. At this sum you'd be able to take care of your family /friends and do good deeds every year while you keep the lump sum in the bank(s)
RIP Crushalot😞
BRIGGS
Posts: 53275
Alba Posts: 7
Joined: 7/30/2002
Member: #303
1/11/2016  4:11 PM
jrodmc wrote:Like flushing your dollars down the toilet and hoping some of them float back up to the top.

The lines to buy tickets now must be amazing. There goes the mortgage money, food money, gas money.

If this keeps going, it's going to get really ugly for some, I would imagine.

I don't think people are that stupid--it makes no sense.

RIP Crushalot😞
franco12
Posts: 34069
Alba Posts: 4
Joined: 2/19/2004
Member: #599
USA
1/11/2016  4:18 PM
BRIGGS wrote:
jrodmc wrote:Like flushing your dollars down the toilet and hoping some of them float back up to the top.

The lines to buy tickets now must be amazing. There goes the mortgage money, food money, gas money.

If this keeps going, it's going to get really ugly for some, I would imagine.

I don't think people are that stupid--it makes no sense.

BRIGGS - at some point, you have to wonder if some hedge fund would think about buying every possible combination - I don't know how you would even do that unless maybe you crowd source.

Knickoftime
Posts: 24159
Alba Posts: 0
Joined: 1/13/2011
Member: #3370

1/11/2016  4:20 PM
franco12 wrote:
BRIGGS wrote:
jrodmc wrote:Like flushing your dollars down the toilet and hoping some of them float back up to the top.

The lines to buy tickets now must be amazing. There goes the mortgage money, food money, gas money.

If this keeps going, it's going to get really ugly for some, I would imagine.

I don't think people are that stupid--it makes no sense.

BRIGGS - at some point, you have to wonder if some hedge fund would think about buying every possible combination - I don't know how you would even do that unless maybe you crowd source.

The practical application is impossible and the math isn't even very sound. Math must assume you have the ONLY winning ticket.

Nalod
Posts: 72120
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
1/11/2016  4:22 PM
BRIGGS wrote:In 2 years or so you'd be able to get 4-5% on your cash just doing nothing. At this sum you'd be able to take care of your family /friends and do good deeds every year while you keep the lump sum in the bank(s)

Money rates at that level? You thinking inflation rises? Cash gets that tight

franco12
Posts: 34069
Alba Posts: 4
Joined: 2/19/2004
Member: #599
USA
1/11/2016  5:35 PM
Knickoftime wrote:
franco12 wrote:
BRIGGS wrote:
jrodmc wrote:Like flushing your dollars down the toilet and hoping some of them float back up to the top.

The lines to buy tickets now must be amazing. There goes the mortgage money, food money, gas money.

If this keeps going, it's going to get really ugly for some, I would imagine.

I don't think people are that stupid--it makes no sense.

BRIGGS - at some point, you have to wonder if some hedge fund would think about buying every possible combination - I don't know how you would even do that unless maybe you crowd source.

The practical application is impossible and the math isn't even very sound. Math must assume you have the ONLY winning ticket.

timely read:

http://money.cnn.com/2016/01/11/news/powerball-jackpot-win-guarantee/

Moonangie
Posts: 24767
Alba Posts: 5
Joined: 7/9/2009
Member: #2788

1/12/2016  8:40 AM
Nalod wrote:
Knickoftime wrote:
Nalod wrote:
Moonangie wrote:
Nalod wrote:We have an annual budget of $40 to play. $10 5 tickets.

Plan is run it into a trust but if not available wife will change her name, then get a makeup artist change her look, mumble during the press conference, then change back name and run the money into a trust and create a foundation. Can't tell anyone, not even my adult kids. They are early 20's and will be told we had a nice windfall and will fund them to get thru law school and the other be a CPA. Then they have a purpose to which run the foundation and we gonna help a lot of people.

The purpose is not to let the money change you. Takes time to grow into it. Sudden money and fame does not make you smarter. Life needs a purpose.

Other than that its too scary to have the whole world focused on you with many seeing a person as a target for self gain.

If you want anonymity, best not to buy tickets in NY: public disclosure of name and town is required. Can't used blind trust to collect.

So start thinking of funny names for your wife.

Only a few states allow it.

Then move there.

Im thinking the state you buy the ticket is the state you have to redeem it. Each state has their own Lottery complex and thus own rules.

For that money, I can buy my own state!!!

Correct, you have to redeem in the state you purchased the ticket. Ohio is the closest to NY that allows blind trust collection.

Powerball

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