CT Fund Managers win $254 mm Powerball jackpot.
They just spent a dollar on the ticket.
http://www.businessinsider.com/three-mutual-fund-managers-in-connecticu…
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hahaha remember kids, there is no such thing as "fairness" in life just as there's no such thing as a free lunch. therefore, act like it and approach it in that way.
anyone remember just a few months back the son of the President of GM (i think? it was a big F50 company) won the lottery as well.
also, they prob werent that rich to begin with if they're still spending the effort to drive into 7-11 to buy lottery tickets. the only rich guy i knew who bought lottery tickets was a cousin's fiance who spent $1000-$5000 EVERY TIME on tickets and once he won like $50k but that was it. he never bought tickets for a dollar.
poor man's hedge funders.
Whats "that rich"
How rich is "that rich" I'd certainly say they were multimillionaires
i assumed they were "hundred-thousand-aires" or something. probably salary $500k-$1MM. the guy i knew who bought $5000 worth of lottery tickets at a time had a total comp of probably $1MM - $3MM and never bought $1 lottery tickets. buying $1 tickets was something my family did when we were younger because we were poor. The psychology was that we had hope we would win the lottery so we spent a dollar but we also knew the odds were against us and we needed every dollar we had to support ourselves as well so dropping more than that would be a waste of money unless we had a couple thousand $$ to drop like my parents' colleagues who pooled $4000 together to buy tickets..
I know plenty of "rich people" who buy scratch tickets, lottery tickets, etc. Yea, you probably won't win, but if you had the choice between letting the change fall out of your pocket into your couch and possibly, no matter how slim the chances, winning millions of dollars, what would you do?
LOL
money + money sense = these guys probably won't end up living in a van down by the river in a few years
they say that the lottery is a tax on stupidity but i beg to differ. the utility of money is nonlinear so it actually makes good EV (if EV is psychological) sense to buy a few if the jackpot is huge enough
And the rich get richer.
What you guys fail to realize is the laws of polarity.
nothing good ever comes without the bad; have you not heard of the stories of lottery winners who gets their asses reamed by the people they know?
1 second google search can come up with a myriad of stories.
i.e. http://www.cafeterra.info/2010/02/13-lottery-winners-who-lost-everythin…
point is, I hate to sound like a bitch, but I'd rather NOT win the lottery.
everything truly is better when it's earned.
You will NEVER get something good unless you did something good PRIOR.
you reap what you sow, and if you didn't sow...well you're shit out of luck.
edit: Lol, one of the guy's last name in the article is literally Ramdass. Oh, the coincidence!!
LOL'D
God damn people are so stupid
Don't get me wrong, I'm in this field just to make money like the next guy. I'm not shunning money itself; I LOVE money! I'm shunning the idea of winning the lottery and making however many millions without work being put in. My parents have always taught there's never a free meal in the world, everything comes at a price.
I'd rather I make money, albeit only a miniscule fraction of what I can get from a lottery ticket, from working instead of it being gifted to me. If that's your idea of stupidity, congratulations, you're just like the 99%.
^ Shut the fuck up. If you somehow ended up with a winning lottery ticket, you would cash it in.
Don't pretend like you wouldn't, you self-righteous prick.
Guy I know that owns 4 restuarants and various other businesses buys 1 ticket everytime its over 50M. People do what they want. Its impossible to say 'no one spends 1$ on a ticket etc etc etc'. And your cousin's fiance or whoever is a fucking idiot, by the way.
I was somewhat convinced by a coworker that the lottery when big enough is like reverse insurance
when you buy insurance, you pay a certain amount each month in order to guarantee a payoff when a low probability BAD event happens.
lottery, you pay an amount in order to guarantee a payoff when a super low probability GOOD event happens.
If you do one, why not do the other? So like those fund managers we collectively buy a few tix when the jackpot is big enough.
Winning the lotto = ultimate prestige
I'd win that shit and tell all yall bitches to suck it.
Heard some rumors that they are fronting for the real winner (a client).
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