Why Lottery Winners so Rarely Remain Wealthy

[BlueStarLizzard]

All I ask is a chance to prove money won't make me happy. If it doesn't? At least I can afford to be miserable.


Brad

I think that pretty much sums up my feelings about money in general. 

[RoadKingLarry]

Buying a lotto ticket is buying a daydream or two. I think I played once last year, maybe twice.

In the unlikely event I were to win a big jackpot, along with the basics of financial advisors/lawyer/accountant/trust I think I would probably spend a good bit doing a disappearing act and become very, very hard to find.
 

[AJ Dual]

[MechAg94]

I think the first thing to do for me is pay off the house and truck so I don't owe anyone anything.  Next is just setting it up so I am independent and not rquired to work if I don't want to.  If I gotta do something, there are lots of charities that could probably use more volunteers.  Setting myself up with some gun smithing projects might be fun also.

I would love to have some land with some woods and a nice range set up.  Maybe play around hunting/trapping hogs.  Just maintaining land and or running some cows for the tax exemption would keep one pretty busy.  Other than that, there are hundreds of historical sites and battlefields in the US alone that I have never seen.  I can see spending time each year driving around the country.

[wmenorr67]

Just saw on the Powerball billboard that the estimated jackpot is over $800 million.  Curios to see if it hits a $1 Billion before Saturday.  If not and not won it will be for next Wednesday.

As for what I would do besides the trust.

I would have acreage and would probably tinker around with restoring cars some.  Something I've always been interested in. 

Also would set up my own range complex.

[MechAg94]

The kind of women who would double up on a guy like me. ...............   

[Scout26]

Ha HA Suckers !!!!

I checked my numbers and I won !!!!  Woooohoooo !!!!

Time to fulfill my wildest dreams and spend like a drunken sailor !!!!!




Okay, I won $4 (would have $12 if I had bought the multiplier, which I didn't know about.)  As you can see, my wildest dreams are pretty cheap.   I guess I'll just "re-invest" my winnings for Saturday's draw....

The kind of women who would double up on a guy like me. ...............   

Are easily found in Vegas for around a grand or so.  10 grand or so if you want higher end.   So you could easily play every night for life and still have lots left over....

[Boomhauer]

and learn how to be an *expletive deleted*hole with a really thick skin, you're going to have people coming out of the woodwork begging for money and calling you all sorts of names because you won't give them any money.

No problem, I already hate those kinds of people anyway...

I've only ever brought a couple of lotto tickets in my lifetime but I've benefited greatly from the lottery- each semester at school I get SC education lottery grants, taking a big chunk out of my degree.

So keep buying those lotto tickets, ya'll.

[Andiron]

http://www.privateislandsonline.com/

Going here if I win.  Then to whatever .gov site sells old ships. 

[CypherNinja]

Oh, and also a really nice airplane

nah, eff that.

Multiple nice airplanes.

After all, every civilized, sophisticated man needs a long range cruiser... and an open canopy biplane. And a cub. And a warbird. And some sort of exotic former military jet. And a DC-3...

I'd pay Scaled Composites to design me a nice project to build. 

[Northwoods]

I'd pay Scaled Composites to design me a nice project to build. 

Nah.  Rutan is a smart cookie but suffers from too much ADD with his designs.  If I win I'm starting my own kit plane company so I can get the planes I want designed and built.  I'd prefer polished aluminum and radial engines.  Pretty much 180deg from the direction Rutan tends to go.  Though he has done some with the proper landing gear configuration.

[Scout26]

http://www.privateislandsonline.com/

Going here if I win.  Then to whatever .gov site sells old ships. 

I'd want my own floaty island.

[birdman]

I'd finally be able to finish all my experiments!

Oh, and I'd become Iron Man.

[charby]

http://www.privateislandsonline.com/

Going here if I win.  Then to whatever .gov site sells old ships. 

Be interesting figuring out water, electricity and sanitation for year round living.

[birdman]

Be interesting figuring out water, electricity and sanitation for year round living.

I'd think with a few hundred million you could figure that out...given that you could probably build that kind of infrastructure that would also work on the moon with that kind of $.
(Well, other than needing hydrogen...the moon has everything else you would need...except volatiles...so sad)

[RoadKingLarry]

I'd think with a few hundred million you could figure that out...given that you could probably build that kind of infrastructure that would also work on the moon with that kind of $.
(Well, other than needing hydrogen...the moon has everything else you would need...except volatiles...so sad)

 
That's what they want you to believe...

[Ben]

Be interesting figuring out water, electricity and sanitation for year round living.

That's what the ocean is for (NSFW language).

https://youtu.be/h2M_Z0f6ecE?t=27

[charby]

I'd think with a few hundred million you could figure that out...given that you could probably build that kind of infrastructure that would also work on the moon with that kind of $.
(Well, other than needing hydrogen...the moon has everything else you would need...except volatiles...so sad)

More than likely if I won it, I'd probably turn into some eccentric eco nut who recycles toilet paper and heats my house with septic gases.

[Northwoods]

Now up to $900mil (just under $500mil cash value).  Insane.

The sad part is that the vast majority of those buying the tickets are poor and can't afford the money they spend.  I spent $6.  I probably won't even do that again for a few years.  Not hundreds that I couldn't afford.

[BlueStarLizzard]

I'd finally be able to finish all my experiments!

Oh, and I'd become Iron Man.

I would have thought you'd go for more of a War Machine look.

[Andiron]

Be interesting figuring out water, electricity and sanitation for year round living.

That's really half the appeal.  I can't imagine not doing work of some kind,  and that sounds fun.  Unlimited resources help too.

[Ben]

That's really half the appeal.  I can't imagine not doing work of some kind,  and that sounds fun.  Unlimited resources help too.

Private island is a perfect place for the newer small scale desal units and experimenting with combinations of solar, wind, fuel cell and generator for power. Or if you're Birdman, nuclear. :)

[Firethorn]

More than likely if I won it, I'd probably turn into some eccentric eco nut who recycles toilet paper and heats my house with septic gases.

I ended up writing a report on systems that would let you do just that a few semesters ago...

[Hutch]

Cash value now estimated at $558 mil.

A person could do a lot with that.  Yep.  A lot.

[zxcvbob]

This Powerball easily exceeds my threshold for buying a ticket.  I don't feel like going out in the nasty weather.

I do need bananas for Sunday School tomorrow, and the cheapest place in town sells lottery tickets...  What time is the drawing?  (or I can just wait until tomorrow and pick up the bananas and a cup of good coffee on the way to church)