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Thursday, January 7, 2016

WHAT WOULD YOU DO WITH $900 MILLION?



Yesterday, I left for home --

 my workplace was sane, routine, and hectic as blood centers always get.

Today, I show up for work 

with my co-workers glassy-eyed, pooling their money to buy as many Powerball tickets as they can purchase.


$700 MILLION they cried!

Ah, not really.  

The prize would have a cash option of $558 million, and that's before taxes are deducted. 

The $900 million prize is based on an annuity, which would pay out the money over 29 years.

THE ODDS SUCK!

 The odds are one in 292.2 million,

 which means you're really, really, really unlikely to win. 

The odds used to be one in 175 million,
but Powerball made it harder to increase the jackpots.

By comparison, your chance of being struck by lightning in a year is about one in 960,000. 

But as lottery officials often note, you have no chance of winning if you don't buy a ticket.

 GET IT IN WRITING!

Some players feel they increase their odds of winning by 

pooling their money with co-workers, with a promise to split the winnings. 

Joining with colleagues and friends can increase the fun of playing, 

but the odds of winning are so tiny that adding 50 or 100 chances doesn't matter much. 

Lottery officials recommend that if people pool their money,

 they put down rules in writing for splitting the prize, 

as it's easy for misunderstandings to crop up when hundreds of millions of dollars are at stake.

WHAT WOULD YOU DO WITH 
278 MILLION? 
 (THE PRIZE AFTER TAXES) 

Oh, I put in my $2, too,
for the work pool!

A small price to daydream, right?

:-)

15 comments:

  1. I've never purchased a lottery ticket and doubt if I ever will. If that kind of money fell into my lap, I would have so much fun giving it away to those who need it the most.

    Love,
    Janie

    ReplyDelete
    Replies
    1. $278 million would put us in a world we cannot now imagine fully. Yes, the Father gave it to us, we would be under an obligation to give it to those in need. Wouldn't it be fun to open your newspaper and ask God, "Who shall we help today?" :-)

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  2. I would build a decent apartment-group home complex for mentally ill people. I would partner it with the Georgia Sheriff Youth Homes and a local medical school. I'm buying a ticket. But one only, if it is meant to be. It will be. Grandiose dreams call for grandiose plans.

    I'm glad you joined in. It's $2 worth of hope.

    ReplyDelete
    Replies
    1. Yes, there are so many good places in which to spend that money. To dream of helping others is not such a bad thing, right? :-)

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  3. I've never purchased a lottery ticket either. Seems like a waste of money with no chance of return.
    That much money could help a lot of people though.

    ReplyDelete
    Replies
    1. Yes, I would owe 10% of that to the Father and owe it to Him to give it to places that would use it well!

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  4. Hi Roland - we need to daydream ... and you never know. And if you colleagues win, and your $2 wasn't there ... then it's be mega frustrating! $2 you probably won't miss ... good luck to the turn of fate .. cheers Hilary

    ReplyDelete
    Replies
    1. Yes, it would have been very MEGA frustrating!! :-) My novels are really my lottery tickets anyway. LOL

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  5. Ah, the lottery...I know I'm weird, but I'm kind of afraid of winning that much money. People would probably treat you different, right? Not sure that'd be a good thing:)

    ReplyDelete
    Replies
    1. If you won, you would have to think differently about liability. You would have to buy a million dollar liability insurance policy.

      Kidnapping of you or yours would become a distinct possibility.

      The best bet is to go where you are not known and set up a comfortable residence or one in a fenced environment and just live as if you went to work every day or had a at-home job. Blend in.

      Yes, with $248 million dollars, the world would become one in which you would feel alien.

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  6. I've purchased only one lottery ticket ever. But for some reason I had this crazy thought to mention to my husband that maybe we should, this once. Now he's in a pool at work and the pot is up to $130! I've been struck by lightning twice so maybe I have a ghost of a chance...And yes it would be wonderful to be able to share the good fortune:-)

    ReplyDelete
    Replies
    1. Yes, to wake up each morning, open the newspaper and turn the pages, saying, "Alright, Father, who are we going to help today?" :-)

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  7. Hmmm, I wouldn't quit my day job, because I actually like it. I think it would be nice to be able to actually fund a self-publishing career, without worrying about how I'd pay for everything. And maybe fix some thing in my house that need updating. And send my kids to college. But overall, I don't know that I'd go crazy. You always hear about the people who win and spend all their money and end up broke, anyway. I wouldn't want to be that kind of person.

    ReplyDelete
    Replies
    1. You might have to quit your day job if you won $248 million, for you would get no peace at work, and you would have to be so careful of what you said, etc.

      Best not to go crazy. :-)

      Like the posters said in the bomb shelters in London during WWII: KEEP CALM AND CARRY ON. :-)

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