Women like shoes, what asset more valuable than a podiatrist ?
It takes 14 years minimum to become a podiatric surgeon (general medicine school for 6, plus 8 for the foot job), and start to make the big moolah.
By that time, the high-heeled Mrs will have hit the tendinitis alarm bell.
(Speaking of Dante's 10th, how about organising a little betting game thread on how long the winner of the +$1B Powerball will make it after the final draw ?)
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Annuity could be a waste of 11 months of coke, if the cracky already OD'd.
On top of that, I once had a John on my hands who went cardiac on a too expensive/exciting hooker.
Odds look quite favorable in your case.
Coca à la Plancha : https://www.youtube.com/watch?v=IQspTWQZEgM
(former hip-hop band from Paris)
On top of that, I once had a John on my hands who went cardiac on a too expensive/exciting hooker.
Odds look quite favorable in your case.
Coca à la Plancha : https://www.youtube.com/watch?v=IQspTWQZEgM
(former hip-hop band from Paris)
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OK, officially announced. No winners. Next drawing 1.3 Billion.
This is really an historic event. I hope only one person wins it and they find happiness.
This is really an historic event. I hope only one person wins it and they find happiness.
It would be interesting to know where Powerbob's premature sighting came from, since that's what the site says now. His post was last night at 10:30 but the drawing was at 10:59.
Could the game be say, RIGGED?
It wouldn't be the first time. I remember a news story from maybe 10 years ago where one of the state lotteries used cooking oil on the balls of the most often played numbers to increase the odds of a rollover, but Google can't find it now amongst all the fraud conspiracy theories.
Could the game be say, RIGGED?
It wouldn't be the first time. I remember a news story from maybe 10 years ago where one of the state lotteries used cooking oil on the balls of the most often played numbers to increase the odds of a rollover, but Google can't find it now amongst all the fraud conspiracy theories.
Too bad you can't buy a ticket online. My wife is American so I looked into it but no sales across border.. Anyhow if the right person(s) win that next jackpot a lot of good could be done with it and then some!
OK, so say your take from the powerball after taxes is 200Million (multiple winners). You put half of it in CD's (2000! accounts, so it is insured). Then you draw 1.5 Million a year forever (already probably more than you can handle - that's $4109 per day). You take the other half and put it in the hands of a money manager and get a 10% return, for another 10 million/yr (>$27,000/day) All I'm saying is: You wouldn't have to spend any of it.
I saw going around on facebook a picture saying that one person wished to be "obnoxious" at work to see how long it would take to get fired. I think that's a dumb idea, but imagine that you could afford to simply tell the truth (as objectively and tactfully as possible, not just some wacko, opinionated, "personal truth") and maintain your integrity. Imagine how much stress that could remove from your life - or add to it when you get promoted 😉.
I saw going around on facebook a picture saying that one person wished to be "obnoxious" at work to see how long it would take to get fired. I think that's a dumb idea, but imagine that you could afford to simply tell the truth (as objectively and tactfully as possible, not just some wacko, opinionated, "personal truth") and maintain your integrity. Imagine how much stress that could remove from your life - or add to it when you get promoted 😉.
In general, that approach is among the key differences between the wealth building behavior of the rich and the wealth destroying behavior of the working class. Many of us in the working class class are conditioned to see assets only as a means to current consumption, not as a means to future growth. It is a real life version of the parable about the goose that laid the golden egg.
The most noticeable bit of the US lotteries is that each and every winner takes the lump sum. Very amusing.
(there used to be various top managers options for 10 percent and more, e.g. Madoff, Malik, Pearlman, Sarna, Stanford)
(there used to be various top managers options for 10 percent and more, e.g. Madoff, Malik, Pearlman, Sarna, Stanford)
Many years ago, the press asked a winner what he was going to do with the money.
He responded something like He was going to spend half on booze and women. And he would squander the other half.
I think that many lotteries or states have conditions that they are allowed to parade you around for promotional purposes.
When I win, first thing I'm doing is getting a lawyer.
Make sure you choose lump sum.
I see nothing wrong with spending $2 when the jackpot climbs to these levels. It's the folks that spend $50/week that I have issues with, especially if they are considered to be in the low income bracket. They have every right as anyone to play, but it feels like a predatory practice.
I've no doubt that many have taken the lump sum due to impatience, however, there also can be quite wise reasons for doing so. For example, if future income tax rates are more likely to increase than decrease the lump sum may be wiser. Or, if you are an person much nearer the end of your lifespan than the beginning. In addition, the rate of return built into lottery annuity payments are typically easily exceeded even by a modest investment strategy.
Exactly. Let's not discount the paranoia reasons - do you really 100% believe that in 20-25 years they will fully honor their commitment?
I have mixed feelings on that. I think that middle income earners can more concretely see the connection between contributing an extra $50 per week to an already building retirement account and comfortably exiting the rat race one day, while many low income persons see the lottery as at least offering them the dream of a comfortable retirement one day. Their life financial circumstances can seem otherwise hopeless to them for a number of reasons (some fair and some unfair), and, honestly, they may not be far from wrong about that.
I see the lottery as being less predatory than tobacco or alcohol industries, which both sell a chemically addictive product that can cause fatal disease, especially for tobacco which should be a banned product.
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