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Thread: I Won The Lottery
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2020-03-31, 11:05 PM (ISO 8601)
- Join Date
- Dec 2015
I Won The Lottery
Hey everybody. I got wonderful news. Yesterday I won the New York State Lottery. I got fifty million dollars now. My lotto numbers we're 23, 17, 8, 29, 2 and 11. I'm so glad that TV chooses the right number. I'm very happy now.
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2020-03-31, 11:40 PM (ISO 8601)
- Join Date
- Feb 2006
- Location
- California
- Gender
Re: I Won The Lottery
Get an accountant, lawyer at the minimum. I wish you the best. Your troubles have just begun.
Remember money does not solve your problems it just gives you better view.
Oh and really listen to Bob Dillon "Like a rolling stone " Remember not everyone is your friend.
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2020-04-01, 12:07 AM (ISO 8601)
- Join Date
- Jul 2011
Re: I Won The Lottery
Cool! How many celebrity-signatures is that worth?
I use braces (also known as "curly brackets") to indicate sarcasm. If there are none present, I probably believe what I am saying; should it turn out to be inaccurate trivia, please tell me rather than trying to play along with an apparent joke I don't know I'm making.
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2020-04-01, 01:32 AM (ISO 8601)
- Join Date
- Aug 2005
- Location
- Mountain View, CA
- Gender
Re: I Won The Lottery
April Fools, right?
Last edited by Douglas; 2020-04-01 at 01:34 AM.
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2020-04-01, 02:27 AM (ISO 8601)
- Join Date
- Nov 2007
- Gender
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2020-04-01, 02:39 AM (ISO 8601)
- Join Date
- Sep 2014
Re: I Won The Lottery
It's better than his forged autographs of famous people. He's trying new things at least.
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2020-04-01, 03:51 AM (ISO 8601)
- Join Date
- Feb 2012
- Gender
Re: I Won The Lottery
No celebrity autograph this year?
Homebrew Stuff:- Lemmy's Custom Weapon Generation System! - (D&D 3.X and PF)
Not all heroes wield scimitars, falchions and longbows! (I'm quite proud of this one ) - Lemmy's Homebrew Cauldron
You can find all my work here.
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2020-04-01, 05:43 AM (ISO 8601)
- Join Date
- Oct 2014
- Location
- Tulips Cheese & Rock&Roll
- Gender
Re: I Won The Lottery
I was there, I took his picture!
Last edited by Lvl 2 Expert; 2020-04-01 at 05:44 AM.
The Hindsight Awards, results: See the best movies of 1999!
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2020-04-01, 08:23 AM (ISO 8601)
- Join Date
- Dec 2015
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2020-04-01, 09:05 AM (ISO 8601)
- Join Date
- Oct 2010
- Gender
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2020-04-01, 12:30 PM (ISO 8601)
- Join Date
- Feb 2013
Re: I Won The Lottery
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2020-04-01, 12:54 PM (ISO 8601)
- Join Date
- Feb 2005
- Gender
Re: I Won The Lottery
NOW COMPLETE: Let's Play Starcraft II Trilogy:
Hell, It's About Time: Wings of Liberty
Does This Mutation Make Me Look Fat: Heart of the Swarm
My Life For Aiur? I Barely Know 'Er: Legacy of the Void
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2020-04-01, 03:43 PM (ISO 8601)
- Join Date
- Dec 2009
- Location
- Birmingham, AL
- Gender
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2020-04-02, 04:11 PM (ISO 8601)
- Join Date
- Feb 2013
Re: I Won The Lottery
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2020-04-02, 04:47 PM (ISO 8601)
- Join Date
- May 2015
- Gender
Re: I Won The Lottery
I was kinda hopping every regular member would get a free gamer pc to prove it :p
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2020-04-02, 06:16 PM (ISO 8601)
- Join Date
- Oct 2010
- Gender
Re: I Won The Lottery
The interest rate on prudent investments tends to (is nearly always) higher then inflation. The reason companies offer that option is it is better for them.
Winning the lottery often ruins lives, its not exactly to be taken lightly. People draw hanger-ons who offer them whatever they want in return for their money, family and friends find their relationships eroded, coming into large amounts of money is good but also dangerous. A professional is a very good idea.
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2020-04-12, 12:21 AM (ISO 8601)
- Join Date
- Jun 2007
Re: I Won The Lottery
Offer good while supplies last. Two to a customer. Each item sold separately. Batteries not included. Mileage may vary. All sales are final. Allow six weeks for delivery. Some items not available. Some assembly required. Some restrictions may apply. All entries become our property. Employees not eligible. Entry fees not refundable. Local restrictions apply. Void where prohibited. Except in Indiana.
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2020-04-12, 10:29 PM (ISO 8601)
- Join Date
- Aug 2009
Re: I Won The Lottery
I'm out of the loop: why do people keep mentioning celebrity signatures in this thread?
EDIT: Is it a reference to this thread or threads like it?
EDIT 2: Oh, there are several of these threads.Last edited by 137beth; 2020-04-12 at 10:35 PM.
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2020-04-16, 03:40 AM (ISO 8601)
- Join Date
- Nov 2017
- Location
- Home, as is the law.
- Gender
Re: I Won The Lottery
Guys, I finally found an image of Bartmanhomer!A diamond necklace played the pawn
Hand in hand some drummed along, oh
To a handsome man and baton (Bygone, bygone)
A blind class aristocracy
Back through the opera glass you see
The pit and the pendulum drawn (Bygone, bygone)
Columnated ruins domino
My avatar was made by a very lovely chap by the name of smutmulch. That was very cool of them.
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2020-05-19, 02:40 AM (ISO 8601)
- Join Date
- Dec 2019
- Gender
Re: I Won The Lottery
more money more troubles
Get your physics out of my D&D!
Proudly Chaotic
Optimism is delusion pessimism will save the world
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2020-05-23, 08:25 AM (ISO 8601)
- Join Date
- May 2020
- Location
- Nebraska
- Gender
Re: I Won The Lottery
I never had any luck in the lottery.
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2020-06-01, 09:55 AM (ISO 8601)
- Join Date
- Aug 2005
- Location
- NJ, USA
- Gender
Re: I Won The Lottery
Assuming this is real, that’s awesome dude! Congratulations!
If it’s not real, I don’t get the joke. 🤷*♂️
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2020-06-01, 01:06 PM (ISO 8601)
- Join Date
- Mar 2006
- Location
- Washington, USA
- Gender
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2020-06-09, 01:04 PM (ISO 8601)
- Join Date
- Dec 2019
- Gender
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2020-06-09, 01:09 PM (ISO 8601)
- Join Date
- Feb 2013
Re: I Won The Lottery
I.E. April Fool's Day.
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2020-07-16, 06:14 PM (ISO 8601)
- Join Date
- Jul 2020
- Gender
Re: I Won The Lottery
I'm happy for you, but also very jealous. >_<
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2020-07-17, 05:30 PM (ISO 8601)
- Join Date
- Apr 2015
Re: I Won The Lottery
While this might be strictly true, under most circumstances where inflation starts getting much higher than expected, many of the financial instruments that make up a diversified portfolio will also increase in value. For example, (expected) high inflation tends to push more people and institutions into putting more of their investments into things like stocks rather than currency reserves as a way to help protect their wealth against inflation--this among other things increases the value of stocks, all else equal. This won't be true of everything, of course, but overall inflation pressures will end up helping the lump-sum winner more than it hurts him.
There are conceivable circumstances where increasing inflation coincides with a drastic and prolonged crash in stocks, in which the lump-sum guy might fall behind the person who took the "safe" lifetime payment. However, at that point I'd have serious concerns about how the lottery commission is backing those annuities. I've never really looked into it--if it turns out that they're directly backed by the government, for example, then maybe I'm worried about nothing. In general though, private entities who routinely agree to pay people over period of decades (such as pension funds) have to fund those future payments through some sort investments. Theoretically, they're want to pick investments that give enough of a return to beat putting the money into a bank and collecting interest, but are generally on the safer side. However, my first instinct is that the sort of situation where your inflation-pegged lottery payout starts substantially outperforming the lump-sum investor is the scenario where even fairly conservative investments aren't safe.
Remember, short of a few very high value private (hedge funds, for examples) or legislatively controlled (direct government backing of debt) options, the people administering the lottery largely have access to the same set of investments that the winners do. If something happened that seriously hurts the lump-sum winner's investments, chance are it also seriously undermined the ability of the lottery to pay inflation-pegged annuities.
The real advantage of the long-term payout is if you have serious concerns about your own, or your beneficiary's, self-control, and you want to make sure that there's always a bit more money coming no matter what impulsive choices you made. However, there are a ton of ways to put the same safeguards into place using a trust.Last edited by Xyril; 2020-07-17 at 05:33 PM.
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2020-07-17, 10:41 PM (ISO 8601)
- Join Date
- Feb 2013
Re: I Won The Lottery
I don't know the whole picture, but I know part of the lottery revenue from the sale of tickets goes into the payout fund. So to a certain extent, the lottery is a Ponzi scheme.
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2020-07-18, 12:00 AM (ISO 8601)
- Join Date
- Dec 2009
- Location
- Birmingham, AL
- Gender
Re: I Won The Lottery
Cuthalion's art is the prettiest art of all the art. Like my avatar.
Number of times Roland St. Jude has sworn revenge upon me: 2
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2020-07-18, 06:09 PM (ISO 8601)
- Join Date
- Feb 2013
Re: I Won The Lottery
True. The local one gives you a 1 in three hundred-something chance of getting your dollar back. Next level up is like 1 in 5000 to get $3. And people still play.