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Invisiblememes
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil] * 3
    #19290182 - 12/17/13 07:18 PM (10 years, 2 months ago)

yeah its always easier just not talking to you guys


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290193 - 12/17/13 07:19 PM (10 years, 2 months ago)

It was an unbalanced running count system that I used to make over $100k in 1995.


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InvisibleDork
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290269 - 12/17/13 07:38 PM (10 years, 2 months ago)

i have a mega millions system. wait until the jackpot is above 176(or whatever the new odds are) million, and then buy every combination possible.


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290279 - 12/17/13 07:39 PM (10 years, 2 months ago)

You'd lose a lot of money because you get only about a third of the jackpot after taxes.


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InvisibleDork
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290302 - 12/17/13 07:44 PM (10 years, 2 months ago)

but you'd also win the other prizes like 4 and 5 combos multiple times


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290313 - 12/17/13 07:47 PM (10 years, 2 months ago)

That's true, but it probably won't be enough to offset the taxes.  In addition, you take a huge loss if someone else wins and you have to split the jackpot.


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InvisibleDork
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290331 - 12/17/13 07:51 PM (10 years, 2 months ago)

im going to bust out the calculator


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290369 - 12/17/13 08:00 PM (10 years, 2 months ago)

Do so.  Keep in mind that even though the jackpot is currently at $636 million, it's only $341 million cash option.  After federal taxes alone, that'd be $205 million.  You'd also have to subtract whatever state income tax you'd have to pay.


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Invisible4runner
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290398 - 12/17/13 08:07 PM (10 years, 2 months ago)

Quote:

consumesomeshrooms said:
i have a mega millions system. wait until the jackpot is above 176(or whatever the new odds are) million, and then buy every combination possible.




That used to work, not so much these days.
I think it actually happened once, and the people involved couldn't even get ever combination in time. I believe it was even less numbers. They did it though. A group of millionaires won the lotto.

http://www.forbes.com/sites/joshbarro/2012/03/30/can-you-ever-guarantee-a-mega-millions-win/


In any case, I spent my 2 bucks today.

Wonder if I won? When is the drawing?


In any case, I don't mind spending 10 bucks a year for a crazy dream/fantasy.


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Invisiblebadchad
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290402 - 12/17/13 08:07 PM (10 years, 2 months ago)

Quote:

Enlil said:
Do so.  Keep in mind that even though the jackpot is currently at $636 million, it's only $341 million cash option.  After federal taxes alone, that'd be $205 million.  You'd also have to subtract whatever state income tax you'd have to pay.




Odds are 1:259 million.  So looks like you'd be in the hole already.  Not to mention there will probably be multiple winners.


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...the whole experience is (and is as) a profound piece of knowledge.  It is an indellible experience; it is forever known.  I have known myself in a way I doubt I would have ever occurred except as it did.

Smith, P.  Bull. Menninger Clinic (1959) 23:20-27; p. 27.

...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.

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InvisibleDork
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290407 - 12/17/13 08:08 PM (10 years, 2 months ago)

is there an option to get the full amount like over a longer period of time or something? if not then my system would definitely not be profitable, unless the person considers the value of winning in itself to be greater than the amount of money lost:tongue:


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InvisibleEnlilMDiscord
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290419 - 12/17/13 08:13 PM (10 years, 2 months ago)

You can get the full money over a longer period, but that doesn't help you because of the time value of money and the inevitable inflation over the next 20 years, you're bound to end up with less money in the long run.  And you'd still be taxed at the top rate.


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InvisibleDork
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Enlil]
    #19290451 - 12/17/13 08:21 PM (10 years, 2 months ago)

indeed. -ev. Plan B is to rig the lottery balls.


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Offliner00tuuu123
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290560 - 12/17/13 08:53 PM (10 years, 2 months ago)

Quote:

consumesomeshrooms said:
indeed. -ev. Plan B is to rig the lottery balls.


That's been done a local mafia guy conspired with the announcer to inject white paint into the balls they did not want to win they finally got caught when they rigged it for 666 to come up. no telling how long they had been doing it.


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InvisibleDork
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Dork]
    #19290628 - 12/17/13 09:11 PM (10 years, 2 months ago)

Quote:

consumesomeshrooms said:
i predict the winning numbers are 2-14-22-36-52--7




i would have won 8 bucks:ooo:


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InvisibleSell Your Soul
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: mpd]
    #19290633 - 12/17/13 09:12 PM (10 years, 2 months ago)

Quote:

mpd said:
http://www.foxnews.com/us/2013/12/17/mega-millions-jackpot-grows-to-586-million/?intcmp=latestnews

The cash option is $341 million.  If the lump sum was invested in Treasury Bonds the payout (interest coupon) would create a permanent income of no less than $10 million a year.  That's hefty.



I won't play until the total reaches a cool billion dollars!
WHO'S WITH ME?


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InvisibleDork
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Sell Your Soul]
    #19290653 - 12/17/13 09:19 PM (10 years, 2 months ago)

i'm wondering if anyone won tonight


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Invisible4runner
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: Sell Your Soul]
    #19290654 - 12/17/13 09:19 PM (10 years, 2 months ago)

Not me...

Dammit, looks like I am going o work tomorrow.


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Offlinefapjack
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: 4runner]
    #19290663 - 12/17/13 09:20 PM (10 years, 2 months ago)

I lost also.  I'm going to go back to the deli I bought it and try to get my money back.


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Invisiblememes
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Re: MegaMillions Jackpot Now $636,000,000 - Get Your Tickets! [Re: fapjack]
    #19290692 - 12/17/13 09:30 PM (10 years, 2 months ago)

i hope nobody won so i can get my hopes up again on friday


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