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Lottery
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Nov 28, 2012 09:17:34   #
Ron K. Loc: Upstate NY.
 
What woud you do if you won the $500 million Power Ball lottery?

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Nov 28, 2012 10:15:20   #
tramsey Loc: Texas
 
I'd pay all my bills and then I would have to go back to work.

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Nov 28, 2012 10:23:05   #
papayanirvana Loc: Kauai
 
I'd have a great funeral...

since it's more likely to get hit by a meteorite,

or killed by a vending machine.

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Nov 28, 2012 10:42:41   #
Bmac Loc: Long Island, NY
 
Ron K. wrote:
What woud you do if you won the $500 million Power Ball lottery?


I never play the lottery, so I will never win. I invest my money.

Government sponsored gambling is a way to suck money from the poor, helping to keep them dependent as they dream of the "big win."

As an aside, when New York was soliciting support here for the lottery, the government's big selling point would be that the revenue would be only used for education, thus lowering school taxes. Need I say more. :-) :-) :lol:

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Nov 28, 2012 10:44:43   #
sarge69 Loc: Ft Myers, FL
 
If the lottery lowers school taxes, how come mine are always going up?

Something ain't right

Sarge69

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Nov 28, 2012 12:11:33   #
Bmac Loc: Long Island, NY
 
sarge69 wrote:
If the lottery lowers school taxes, how come mine are always going up? Something ain't right
Sarge69


Yep, what ain't right is the sheep fell for the government's opiate hook, line and sinker. 8-)

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Nov 29, 2012 06:47:47   #
bobmcculloch Loc: NYC, NY
 
Lotteries are taxes on those that are poor at math, Bob.

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Nov 29, 2012 10:11:17   #
Lucian Loc: From Wales, living in Ohio
 
If I won, I would spend 175 mill on women, 175 mill on booze, 145 mill on fast cars and boats, and then I would just waste the rest.

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Nov 29, 2012 10:13:12   #
Bmac Loc: Long Island, NY
 
Lucian wrote:
If I won, I would spend 175 mill on women, 175 mill on booze, 145 mill on fast cars and boats, and then I would just waste the rest.


Ha, good one! :lol:

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Nov 29, 2012 10:15:16   #
Bmac Loc: Long Island, NY
 
bobmcculloch wrote:
Lotteries are taxes on those that are poor at math, Bob.


And usually those that can afford playing the lottery the least. It does help stationary and smoke shops keep up their business in poor neighborhoods though. 8-)

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Nov 29, 2012 11:03:07   #
bobmcculloch Loc: NYC, NY
 
Ron K. wrote:
What woud you do if you won the $500 million Power Ball lottery?


remember the feds and states are going to get about 40% between them, Bob

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Nov 29, 2012 11:07:14   #
Lucian Loc: From Wales, living in Ohio
 
I'd like to be in a position to afford to pay that much tax... !

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Nov 29, 2012 11:13:58   #
Ron K. Loc: Upstate NY.
 
That's a real losing proposition. The govt. takes about $200 million, leaving the winner with only $300 million. Spend a million a day for 300 days and then you're broke again.

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Nov 29, 2012 12:00:13   #
Bmac Loc: Long Island, NY
 
Ron K. wrote:
That's a real losing proposition. The govt. takes about $200 million, leaving the winner with only $300 million. Spend a million a day for 300 days and then you're broke again.


What a bummer. Well you could always spend a bit less. :mrgreen:

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Nov 29, 2012 13:40:30   #
Ron K. Loc: Upstate NY.
 
I hadn't thought of that but what's the sense in having a gazillion dollars if you don't plan to spend it?

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